加拿大丰业银行美股招股说明书(2026-02-17版)

The notes do not bear interest.The amount that you will be paid on your notes at maturity (August 16, 2027) is based on theperformance of a weighted basket comprised of the EURO STOXX 50® FTSE®100 Index (17.00% weighting), the Swiss Market Index (11.00% weighting) and the S&P/ASX 200 Index (8.00% weighting) as measured from the trade date (February 12, 2026) to and including the valuation date (August 12, 2027).The initial basket level was set to 100 on the trade date and the final basket level will equal thesumof the products, as calculated for each basket component, of: (i) the final index level (the closing level of the basket component on the valuation date)divided bythe initialindex level (6,011.29 with respect to the EURO STOXX 50®Index, 3,882.16 with respect to TOPIX, 10,402.44 with respect to the FTSE® 100 Index, 13,529.92 with respect to the Swiss Market Index and 9,043.544 with respect to the S&P/ASX 200 Index (which in each caseis the closing level of the applicable basket component on the trade date))multiplied by(ii) the applicable initial weighted value for eachbasket component. If the final basket level is greater than the initial basket level, the return on your notes will be positive and will equalthe participation rate of 200.00%timesthe basket return, subject to the maximum payment amount of $1,327.00 for each $1,000principal amount of your notes. If the final basket level is equal to the initial basket level, you will receive the principal amount of yournotes.If the final basket level is less than the initial basket level, the return on your notes will be negative and you may lose up To determine your payment at maturity, we will calculate the basket return, which is the percentage increase or decrease in the finalbasket level from the initial basket level. At maturity, for each $1,000 principal amount of your notes: ●if the final basket level isgreater thanthe initial basket level (the basket return ispositive), you will receive an amount in cash equalto thesumof (i) $1,000plus(ii) theproductof (a) $1,000times(b) the basket returntimes(c) the participation rate, subject to themaximum payment amount;●if the final basket level isequal tothe initial basket level (the basket return iszero), you will receive an amount in cash equal to Declines in one basket index may offset increases in the other basket indices. Due to the unequal weighting of each basketcomponent, the performances of the EURO STOXX 50®Index, TOPIX and the FTSE® 100 Index will have a significantly largerimpact on your return on the notes than the performance of the Swiss Market Index or the S&P/ASX 200 Index. In addition, nopayments on your notes will be made prior to maturity. Investment in the notes involves certain risks. You should refer to “Additional Risks” beginning on page P-17 of this pricingsupplement and “Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying productsupplement and “Risk Factors” beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the The initial estimated value of your notes at the time the terms of your notes were set on the trade date was $975.72 per $1,000principal amount, which is less than the original issue price of your notes listed below.See “Additional Information RegardingEstimated Value of the Notes” on the following page and “Additional Risks” beginning on page P-17 of this document for additional For additional information, 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 or passed upon the accuracy or the adequacy of this pricing supplement, the accompanyingprospectus, prospectus supplement, underlier supplement or product supplement. Any representation to the contrary is a The notes are not insured by the Canada Deposit Insurance Corporation (the “CDIC”) pursuant to the Canada DepositInsurance Corporation Act (the “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation or any other government agencyof Canada, the United States or any other jurisdiction. Scotia Capital (USA) Inc. Goldman TheCapped Enhanced Participation Basket-Linked Notes Due August 16,2027(the“notes”)offered hereunder areunsubordinated and unsecured obligations of The Bank of Nova Scotia (the “Bank”) and are subject to investment risks includingpossible loss of the principal amount invested due to the negative performance of the basket and the credit risk of the Bank. Asused in this pricing supplement, the “Bank,” “we,” “us” or “our” refers to The Bank of Nova Scotia. The notes will not be listed onany U.S. securities exchange or automated quotation system. The return on your notes will relate to the price return of the basket components and will not include a total return or dividendcomponent. The notes are derivative products based on the performance of the b