加拿大丰业银行美股招股说明书(2026-04-13版)

Linked to the common stock of International Paper Company due April 15, 2027 Investment Description The Bank of Nova Scotia Airbag Autocallable Yield Notes (the “Notes”) are senior, unsecured debt securities issued by The Bank of Nova Scotia (“BNS” or the “issuer”) linked to the common stock of InternationalPaper Company (the “underlying asset”). Unless the Notes were previously called, BNS will pay a coupon on each coupon payment date regardless of the performance of the underlying asset. BNS willautomatically call the Notes early if the closing level of the underlying asset on any observation date prior to the final valuation date is equal to or greater than the call threshold level, which is a level of theunderlying asset equal to a percentage of the initial level, as indicated below. If the Notes are subject to an automatic call, BNS will pay you on the coupon payment date corresponding to the relevant observationdate (the “call settlement date”) a cash payment per Note equal to the principal amount plus the coupon otherwise due, and no further payments will be owed to you under the Notes. If the Notes are not subject toan automatic call and the closing level of the underlying asset on the final valuation date (the “final level”) is equal to or greater than the conversion level, BNS will pay you a cash payment per Note at maturityequal to the principal amount. If, however, the Notes are not subject to an automatic call and the final level is less than the conversion level, BNS will deliver to you at maturity a number of shares of the underlyingasset per Note equal to the quotient of (i) the principal amount divided by (ii) the conversion level (rounded to the nearest ten-thousandth of one share, the “share delivery amount”), the value of which is expectedto be worth less than your principal amount and, in extreme situations, you could lose your entire investment. Any fractional share included in the share delivery amount will be paid in cash at an amount equal tothe product of the fractional share and the final level, and, for the avoidance of doubt, if the share delivery amount is less than 1.0000, you will receive an amount in cash per Note at maturity, if anything, based onthe cash value of the share delivery amount.Investing in the Notes involves significant risks. In exchange for receiving a coupon on the Notes, you are accepting the risk of receiving, at maturity, anumber of shares of the underlying asset converted at the conversion level, the value of which is expected to be worth less than your principal amount and, in extreme situations, you could loseyour entire investment. Generally, a higher coupon rate on a Note is associated with a greater risk of loss. The contingent repayment of principal applies only at maturity. Any payment or delivery onthe 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 any amounts owed to you under theNotes and you could lose your entire investment in the Notes. Features ❑Income —Unless the Notes have been previously called, BNS will pay a coupon on each coupon paymentdate regardless of the performance of the underlying asset. ❑Automatic Call Feature— BNS will automatically call the Notes and pay you the principal amount of yourNotes plus the coupon otherwise due on the related coupon payment date if the closing level of the underlyingasset on any observation date prior to the final valuation date is equal to or greater than the call thresholdlevel. No further payments or deliveries will be owed to you under the Notes.❑Contingent Repayment of Principal at Maturity with Potential for Full Downside Market Exposure— If the Notes are not subject to an automatic call and the final level is equal to or greater than the conversionlevel, BNS will repay you the principal amount per Note at maturity. If, however, the final level is less than theconversion level, BNS will deliver to you at maturity a number of shares of the underlying asset per Note equalto the share delivery amount (and, if applicable, cash in lieu of any fractional share), the value of which isexpected to be worth less than the principal amount and, in extreme situations, you could lose your entireinvestment in the Notes. The contingent repayment of principal applies only if you hold the Notes to maturity.Any payment or delivery on the Notes, including any repayment of principal, is subject to the creditworthinessof BNS. Key Dates Trade Date*Settlement Date*Coupon Payment Dates**Observation Dates**Final Valuation Date**Maturity Date** *We expect to deliver the Notes against payment on the third business day following the trade date. UnderRule 15c6-1 of the Securities Exchange Act of 1934, as amended, trades in the secondary market generallyare required to settle in one business day (T+1), unless the parties to a trade expressly agree otherwise.Accordingly, purchasers who wish to trade the N