The Bank of Nova Scotia Equity Linked SecuritiesMarket Linked Securities—Auto-Callable with Contingent Coupon with Memory Feature and Contingent DownsidePrincipal at Risk Securities Linked to the Lowest Performing of the common stock of Amazon.com, Inc., the common stock of The J. M. Smucker Company and the commonstock of United Parcel Service, Inc. due May 3, 2029 ■Linked to thelowest performingof the common stock of Amazon.com, Inc., the common stock of The J. M. Smucker Company and the common stock of United ParcelService, Inc. (each referred to as an “Underlying Stock”) potential automatic call prior to stated maturity upon the terms described below.Whether the securities pay a contingent coupon payment, whether the securities areautomatically called prior to stated maturity and, if they are not automatically called, whether you receive the face amount of your securities at stated maturity will depend, ineach case, on the stock closing price of the lowest performing Underlying Stock on the relevant calculation day.The lowest performing Underlying Stock on any calculation ■Contingent Coupon.The securities will pay a contingent coupon payment on a quarterly basis until the earlier of stated maturity or automatic call if,and only if, the stockclosing price of the lowest performing Underlying Stock on the calculation day for that quarter is greater than or equal to its coupon threshold price. If the stock closing price ofthe lowest performing Underlying Stock on one or more calculation days is less than its coupon threshold price and, on a subsequent calculation day, the stock closing price ofthe lowest performing Underlying Stock on that subsequent calculation day is greater than or equal to its coupon threshold price, the securities will pay the contingent couponpayment due for that subsequent calculation day plus all previously unpaid contingent coupon payments (without interest on amounts previously unpaid). If the stock closingprice of the lowest performing Underlying Stock on a calculation day is less than its coupon threshold price, you will not receive any contingent coupon payment on the relatedquarterly contingent coupon payment date. In addition, if the stock closing price of the lowest performing Underlying Stock on a calculation day is less than its coupon ■Automatic Call.If the stock closing price of the lowest performing Underlying Stock on any of the quarterly calculation days from October 2026 to January 2029, inclusive, isgreater than or equal to its starting price, the securities will be automatically called for the face amount plus a final contingent coupon payment and any previously unpaidcontingent coupon payments ■Potential Loss of Principal.If the securities are not automatically called prior to stated maturity, you will receive the face amount at stated maturity if,and only if, the stockclosing price of the lowest performing Underlying Stock on the final calculation day is greater than or equal to its downside threshold price. If the stock closing price of thelowest performing Underlying Stock on the final calculation day is less than its downside threshold price, you will lose more than 30%, and possibly all, of the face amount of ■If the securities are not automatically called prior to stated maturity, you will have full downside exposure to the lowest performing Underlying Stock from its starting price if itsstock closing price on the final calculation day is less than its downside threshold price, but you will not participate in any appreciation of any Underlying Stock and will notreceive any dividends ■Your return on the securities will dependsolelyon the performance of the Underlying Stock that is the lowest performing Underlying Stock on each calculation day.You willnot benefit in any way from the performance of a better performing Underlying Stock. Therefore, you will be adversely affected ifanyUnderlying Stock performs poorly, even ifanother Underlying Stock performs favorably ■All payments on the securities are subject to the credit risk of The Bank of Nova Scotia (the “Bank”)■No exchange listing; designed to be held to maturity The estimated value of the securities as determined by the Bank as of the pricing date is $937.41 (93.741%) per security. See “The Bank'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-10 herein and “Risk Factors” beginning on page PS-3 of the accompanying product supplement, beginning on page S-2 of the Scotia Capital (USA) Inc., our affiliate, has agreed to purchase the securities from the Bank for distribution to other registered broker dealers including Wells FargoSecurities, LLC (“WFS”). Scotia Capital (USA) Inc. or any of its affiliates or agents may use this pricing supplement in marke