AI智能总结
The notes do not bear interest.The amount that you will be paid on your notes at maturity (March 2, 2028) is based on the performance of theleast performing of the shares of the iShares®MSCI EAFE ETF (the equity reference asset) and the EURO STOXX 50®Index (the indexreference asset and, together with the equity reference asset, the reference assets) as measured from the trade date (February 27, 2026) to andincluding the valuation date (February 28, 2028). The return on your notes is linked, in part, to the performance of the equity reference asset, and not to the MSCI EAFE®Indexon whichthe equity reference asset is based. If the final level of each reference asset on the valuation date isgreater thanits initial level ($105.38 with respect to the iShares®MSCI EAFEETF and 6,138.41 with respect to the EURO STOXX 50®Index (which in each case is the closing level of such reference asset on the tradedate)), the return on your notes will be positive and will equal the participation rate of 153.00%timesthe reference asset return of the leastperforming reference asset. If the final level of any reference asset isequal toorless thanits initial level, but the final level of each reference asset isgreater thanorequal to90.00% of its initial level, you will receive the principal amount of your notes. If the final level of any reference asset isless than90.00% of its initial level, the return on your notes will be negative and will equal thereference asset return of the least performing reference asset plus 10.00%. Specifically, you will lose 1% for every 1% negativepercentage change in the level of the least performing reference asset below 90.00% of its initial level. You may lose up to 90.00% ofthe principal amount of your notes.Any payment on your notes is subject to the creditworthiness of The Bank of Nova Scotia. The amount that you will be paid on your notes at maturity is based on the performance of the least performing reference asset, which is thereference asset with the lowest reference asset return. The reference asset return of each reference asset is the percentage increase ordecrease from its initial level to its final level. At maturity, for each $1,000 principal amount of your notes, you will receive an amount in cash equal to: ●if the final level of each reference asset isgreater thanits initial level, thesumof (i) $1,000plus(ii) theproductof (a) $1,000times(b) theleast performing reference asset returntimes(c) the participation rate;●if the final level of any reference asset isequal toorless thanits initial level, but the final level of each reference asset isgreater thanorequal to90.00% of its initial level, $1,000; or●if the final level of any reference asset isless than90.00% of its initial level, thesumof (i) $1,000plus(ii) theproductof (a) $1,000times(b)thesumof (1) the least performing reference asset returnplus(2) 10.00%.You will receive less than the principal amount of your notesand could lose up to 90.00% of the principal amount of your notes. Following the determination of the initial levels, the amount you will be paid on your notes at maturity will not be affected by the closing level ofany reference asset on any day other than the valuation date.In addition, no payments 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-15 of this pricingsupplement and “Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplement and“Risk Factors” beginning on 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 were set on the trade date was $970.69 per $1,000 principalamount, which is less than the original issue price of your notes listed below.See “Additional Information Regarding Estimated Value of theNotes” on the following page and “Additional Risks” beginning on page P-15 of this document for additional information. The actual value of yournotes at any time will reflect many factors and cannot be predicted with accuracy. For additional information regarding the fees comprising the underwriting commissions, see “Supplemental Plan of Distribution (Conflictsof Interest)” herein. The notes are not insured by the Canada Deposit Insurance Corporation (the “CDIC”) pursuant to the Canada Deposit InsuranceCorporation Act (the “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation or any other government agency of Canada, theUnited States or any other jurisdiction. Scotia Capital (USA) Inc. Goldman Sachs & Co. LLC Dealer Pricing Supplement dated February 27, 2026 The Buffered Enhanced Participation Notes Linked to the Least Performing of the Shares of the iShares®MSCI EAFE ETF andthe EURO STOXX 50®Index Due March 2, 2028 (the “notes”) offered hereunder are unsubordinated and unsecured obligations ofThe Bank of Nova