加拿大丰业银行美股招股说明书(2026-01-12版)

Linked to the least performing of the Nasdaq-100 Index®and the Russell 2000®Index due January 14, 2031Investment Description the Nasdaq-100 Index®and the Russell 2000®Index (each, an “underlying asset”, and together, the “underlying assets”). BNS will pay a contingent coupon on the coupon payment date only if the closing level ofeach underlying asset on the applicable observation date (including the final valuation date) is equal to or greater than its coupon barrier. Otherwise, no contingent coupon will be paid for the relevant couponpayment date. BNS will automatically call the Notes early if the closing level of each underlying asset on any observation date (quarterly, callable after 6 months) prior to the final valuation date is equal to or greaterthan its initial level. If the Notes are subject to an automatic call, BNS will pay on the applicable coupon payment date following such observation date (the “call settlement date”) a cash payment per Note equal toyour principal amount plus the contingent coupon otherwise due, and no further payments will be owed to you under the Notes. If the Notes are not subject to an automatic call and the closing level of eachunderlying asset on the final valuation date (its “final level”) is equal to or greater than its downside threshold, BNS will pay you a cash payment per Note at maturity equal to the principal amount. If, however, theNotes are not subject to an automatic call and the final level of any underlying asset is less than its downside threshold, BNS will pay you a cash payment per Note at maturity that is less than the principal amount,if anything, resulting in a percentage loss on your principal amount equal to the percentage decline in the least performing underlying asset from its initial level to its final level (with respect to each underlying asset,the “underlying return”) and, in extreme situations, you could lose your entire investment in the Notes. The “least performing underlying asset” is the underlying asset with the lowest underlying return as comparedto any other underlying asset.Investing in the Notes involves significant risks. You may lose a significant portion or all of your investment and may not receive any contingent coupon during the termof the Notes. You will be exposed to the market risk of each underlying asset on each observation date and on the final valuation date and any decline in the level of one underlying asset maynegatively affect your return and will not be offset or mitigated by a lesser decline or any potential increase in the level of any other underlying asset. Generally, a higher contingent coupon rate on aNote is associated with a greater risk of loss and a greater risk that you will not receive contingent coupons over the term of the Notes. The contingent repayment of principal applies only atmaturity. Any payment on the Notes, including any repayment of principal, is subject to the creditworthiness of BNS. If BNS were to default on its payment obligations, you may not receive anyamounts owed to you under the Notes and you could lose your entire investment in the Notes. Features ❑Potential for Periodic Contingent Coupons— BNS will pay a contingent coupon on a coupon payment dateonly if the closing level of each underlying asset is equal to or greater than its coupon barrier on the applicableobservation date (including the final valuation date). Otherwise, if the closing level of any underlying asset isless than its coupon barrier on the applicable observation date, no contingent coupon will be paid for therelevant coupon payment date. ❑Automatic Call Feature— BNS will automatically call the Notes and pay you the principal amount of yourNotes plus the contingent coupon otherwise due on the related coupon payment date if the closing level ofeach underlying asset is equal to or greater than its initial level on any observation date (quarterly, callableafter 6 months) prior to the final valuation date. If the Notes were previously subject to an automatic call, nofurther payments will be owed to you under the Notes.❑Contingent Repayment of Principal at Maturity with Potential for Full Downside Market Exposure— If the Notes have not been subject to an automatic call and the final level of each underlying asset is equal to orgreater than its downside threshold, BNS will repay you the principal amount per Note at maturity. If, however,the Notes are not subject to an automatic call and the final level of any underlying asset is less than itsdownside threshold, BNS will pay you a cash payment per Note at maturity that is less than the principalamount, if anything, resulting in a percentage loss on your principal amount equal to the underlying return ofthe least performing underlying asset and, in extreme situations, you could lose your entire investment in theNotes. The contingent repayment of principal applies only if you hold the Notes to maturity. Any payment onthe Notes, including any repayment of principal, is subj