加拿大丰业银行美股招股说明书(2026-03-30版)

PRELIMINARY PRICING SUPPLEMENTSubject To Completion, dated March 30, 2026 Filed Pursuant to Rule 424(b)(2)Registration Statement No. 333-282565(To Product Supplement No. WF-1 dated November 8, 2024,Underlier Supplement dated November 8, 2024,Prospectus Supplement dated November 8, 2024and Prospectus dated November 8, 2024)The Bank of Nova Scotia Senior Note Program, Series A Market Linked Securities—Auto-Callable with Upside Participation and Contingent MinimumReturn and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the S&P 500® Index, the Russell2000®Index and the Nasdaq-100 Index®due May 3, 2029 Linked to thelowest performingof the S&P 500®Index, the Russell 2000®Index and the Nasdaq-100 Index®(each referred to as an“Index”) Unlike ordinary debt securities, the securities do not pay interest, do not repay a fixed amount of principal at maturity and are subject topotential automatic call upon the terms described below.Whether the securities are automatically called for a fixed call premium or, if notautomatically called, the maturity payment amount, will depend, in each case, on the performance of the lowest performing Index. The lowestperforming Index on the call date or the final calculation day is the Index with the lowest index return on that day, calculated for each Index asthe percentage change from its starting level to its closing level on that day Automatic Call.If the closing level of the lowest performing Index on the call date occurring approximately one year after issuance is greaterthan or equal to its starting level, the securities will be automatically called for the face amount plusa call premium of 12.00% of the face amount Maturity Payment Amount.If the securities are not automatically called, you will receive a maturity payment amount that could be greaterthan, equal to or less than the face amount depending on the ending level of the lowest performing Index as follows: ￭If the ending level of the lowest performing Index on the final calculation day isgreater thanorequal toits starting level, you willreceive the face amountplusa positive return equal to thegreater of(i) the contingent minimum return of at least 58.00% of the faceamount (to be determined on the pricing date) and (ii) 100% of the percentage increase in the level of the lowest performing Index fromits starting level￭If the ending level of the lowest performing Index on the final calculation day isless thanits starting level, butgreater thanorequal to70% of its starting level (its “threshold level”), you will receive the face amount￭If the ending level of the lowest performing Index on the final calculation day isless thanits threshold level, you will have full downsideexposure to the decrease in the level of the lowest performing Index from its starting level, and you will lose more than 30%, andpossibly all, of the face amount of your securities Investors may lose a significant portion, or all, of the face amount If the securities are automatically called, the positive return on the securities will be limited to the call premium, and you will not participate inany increase of the lowest performing Index, which may be significant. If the securities are automatically called, you will no longer have theopportunity to receive the contingent minimum return or to participate in any increase of any Market Measure Your return on the securities will depend solely on the performance of the Index that is the lowest performing Index on the call date and thefinal calculation day. You will not benefit in any way from the performance of a better performing Index. Therefore, you will be adverselyaffected if any Index performs poorly, even if another Index performs favorably All payments on the securities are subject to the credit risk of The Bank of Nova Scotia (the “Bank”) No periodic interest payments or dividends on securities included in any Index No exchange listing; designed to be held to maturity If the securities priced today, the estimated value of the securities as determined by the Bank would be between $916.05 (91.605%) and $946.05 (94.605%) per security. See “TheBank's Estimated Value of the Securities” in this pricing supplement for additional information. The securities have complex features and investing in the securities involves risks not associated with an investment in conventional debt securities. See “Selected RiskConsiderations” beginning on page P-9 herein and “Risk Factors” beginning on page PS-3 of the accompanying product supplement, beginning on page S-2 of the accompanyingprospectus supplement and on page 8 of the accompanying prospectus. Scotia Capital (USA) Inc., our affiliate, will purchase the securities from the Bank for distribution to other registered broker dealers including Wells Fargo Securities, LLC(“WFS”) or will offer the securities directly to investors. Scotia Capital (USA) Inc. or any of its affiliates or agents may use this pricing supple