$2,437,000 Autocallable Contingent Coupon Notes with Memory Coupon due May 4, 2028Linked to the Common Stock of Constellation Energy Corporation General Any capitalized terms used but not defined in the following bullets have the meaning set forth under “Summary” in this pricingsupplement ■The notes offered by this pricing supplement (the “Notes”) are unsubordinated and unsecured debt securities of The Bank of Nova Scotia (the“Bank”) and any payments or deliveries on the Notes are subject to the credit risk of the Bank■Payments on the Notes are based on the performance of the common stock of Constellation Energy Corporation (the “Reference Asset”), asdescribed below■The Notes will be automatically called if the Closing Value of the Reference Asset on any Call Observation Date is equal to or greater than theInitial Value■If the Notes have not been automatically called and the Closing Value on any Contingent Coupon Observation Date (as specified in thispricing supplement) is equal to or greater than the Contingent Coupon Barrier Value, the Notes will pay a Contingent Coupon (as specifiedunder “Summary” below) with respect to such date, plus any Unpaid Contingent Coupons (defined below) that have accrued and have notalready been paid on a previous Contingent Coupon Payment Date■If the Notes have not been automatically called and the Closing Value on any Contingent Coupon Observation Date prior to the FinalValuation Date is less than the Contingent Coupon Barrier Value, the Contingent Coupon with respect to such Contingent CouponObservation Date will not be payable on the related Contingent Coupon Payment Date and will become an “Unpaid Contingent Coupon” andwill be paid on the next Contingent Coupon Payment Date on which a Contingent Coupon otherwise becomes payable (if one occurs)■If the Notes are not automatically called, the Payment at Maturity will be based solely on the Final Value, which will be the Closing Value ofthe Reference Asset on the Final Valuation Date■If the Notes are not automatically called and the Final Value is equal to or greater than the Barrier Value, you will receive a cash payment perNote at maturity equal to the Principal Amount, in addition to any Contingent Coupon due■If the Notes are not automatically called and the Final Value is less than the Barrier Value, you will receive at maturity a number of shares(and/or cash in lieu of any fractional share) of the Reference Asset per Note equal to the Physical Delivery Amount (as defined under“Summary” below)and you may lose up to 100.00% of the Principal Amount■The Notes do not guarantee interest and you may not receive any Contingent Coupons on the Notes■The Trade Date was April 30, 2026 and the Notes will settle on May 5, 2026 and will have a term of approximately 2 years, if not automaticallycalled prior to maturity■Minimum investment of $1,000 and integral multiples of $1,000 in excess thereof■CUSIP / ISIN: 06419HZ31 / US06419HZ313■See “Summary” beginning on page P-3 herein for additional information Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-11 herein and “Additional RiskFactors Specific to the Notes” beginning on page PS-6 of the accompanying product supplement and “Risk Factors” beginning on page S-2of 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 the Notes were set on the Trade Date was $962.38 per $1,000 Principal Amount, 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— Risks Relating to Estimated Value and Liquidity” beginning on page P-13 of this document foradditional information. The actual value of your Notes at any time will reflect many factors and cannot be predicted with accuracy. Neitherthe United States Securities and Exchange Commission(the“SEC”)nor any state securities commission has approved ordisapproved of the Notes or passed upon the accuracy or the adequacy of this pricing supplement, the accompanying product supplement,prospectus supplement or prospectus. Any representation 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 “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other government agency of Canada, the UnitedStates or any other jurisdiction.Pricing Supplement dated April 30, 2026 Scotia Capital (USA) Inc. The Notes offered hereunder are unsubordinated and unsecured obligations of the Bank and are subject to investment risksincluding the credit risk of the Bank. As used in this pricing supplement, the “Bank,” “we,” “us” or “our” refers to The Bank of NovaScotia. The Notes will not be listed on any U.S. securities exchange or automated