Filed Pursuant to Rule 424(b)(3)Registration No. 333-282565 The Bank of Nova Scotia $Autocallable Contingent Coupon Notes with Memory Coupon Due February 15, 2029Linked to the Least Performing of the Common Stock of Align Technology, Inc., the Common Stock of CarMax, Inc. and theCommon Stock of The Progressive Corporation General ■If the Notes have not been automatically called and the Closing Value of each Reference Asset on any Contingent Coupon ObservationDate (as specified in this pricing supplement) is equal to or greater than its Contingent Coupon Barrier Value, the Notes will pay aContingent Coupon (as specified under “Summary” below) with respect to such date, plus any Unpaid Contingent Coupons (as definedbelow) that have accrued and have not already been paid on a previous Contingent Coupon Payment Date ■If the Notes have not been automatically called and the Closing Value of any Reference Asset on any Contingent Coupon ObservationDate prior to the Final Valuation Date is less than its Contingent Coupon Barrier Value, the Contingent Coupon with respect to suchContingent Coupon Observation Date will not be payable on the related Contingent Coupon Payment Date, will become an “UnpaidContingent Coupon” and will be paid on the next Contingent Coupon Payment Date on which a Contingent Coupon otherwise becomespayable (if one occurs) ■If the Notes are not automatically called, the Payment at Maturity will be based solely on the performance of the Reference Asset with thelowest percentage change (the “Least Performing Reference Asset”) from its Initial Value to its Final Value ■If the Notes are not automatically called and the Final Value of the Least Performing Reference Asset is equal to or greater than itsBarrier Value, you will receive the Principal Amount of your Notes on the Maturity Date, in addition to any Contingent Coupon due withrespect to the Final Valuation Date and any accrued Unpaid Contingent Coupons that have not yet been paid ■If the Notes are not automatically called and the Final Value of the Least Performing Reference Asset is less than its Barrier Value, youwill suffer a loss on the Notes equal to the depreciation of the Least Performing Reference Asset and you may lose up to 100% of thePrincipal Amount ■The Notes do not guarantee interest and you may not receive any Contingent Coupons on the Notes ■The Notes are expected to price on February 11, 2026 and are expected to settle on February 17, 2026 and will have a term ofapproximately 3 years, if not automatically called prior to maturity ■Minimum investment of $1,000 and integral multiples of $1,000 in excess thereof ■CUSIP / ISIN: 06419HRJ5 / US06419HRJ58 ■See “Summary” beginning on page P-3 herein for additional information All payments on the Notes will be made in cash.Any payment on your Notes is subject to the creditworthiness of the Bank. Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-11 herein and “AdditionalRisk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplement and “Risk Factors” beginningon page S-2 of the accompanying prospectus supplement and on page 8 of the accompanying prospectus. The initial estimated value of your Notes at the time the terms of your Notes are set on the Trade Date is expected to be between$923.19 and $953.19 per $1,000 Principal Amount, which will be less than the Original Issue Price of your Notes listed below.See“Additional Information Regarding Estimated Value of the Notes” on the following page and “Additional Risks — Risks Relating to EstimatedValue and Liquidity” beginning on page P-13 of this document for additional information. The actual value of your Notes at any time will reflect (1)Scotia Capital (USA) Inc. (“SCUSA”), our affiliate, will purchase the Notes from us at the Principal Amount and, as part of the distribution of theNotes, will sell the Notes to other registered broker-dealers at a discount of $2.50 (0.25%) per Principal Amount of the Notes, or will offer theNotes directly to investors. See “Supplemental Plan of Distribution (Conflicts of Interest)” herein. Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of the Notes orpassed upon the accuracy or the adequacy of this pricing supplement, the accompanying product supplement, prospectus supplement or prospectus. Anyrepresentation to the contrary is a criminal offense. The Notes are not insured by the Canada Deposit Insurance Corporation (the “CDIC”) pursuant to the Canada Deposit Insurance Corporation Act (the “CDICAct”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other government agency of Canada, the United States or any other jurisdiction. † This amended preliminary pricing supplement supersedes in its entirety the related preliminary pricing supplement dated February 10, 2026. We refer to this a