加拿大丰业银行美股招股说明书(2026-05-06版)

PRELIMINARY PRICING SUPPLEMENTSubject To Completion, dated May 6, 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 Principal at Risk Securities Linked to the Lowest Performing of the S&P 500®Index, the Russell 2000®Index and the Dow Jones Industrial Average®due June 3, 2030 Linked to thelowest performingof the S&P 500®Index, the Russell 2000®Index and the Dow Jones Industrial Average®(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 to potentialautomatic call upon the terms described below.Whether the securities are automatically called for a fixed call premium or, if not automaticallycalled, the maturity payment amount, will depend, in each case, on the closing level of the lowest performing Index on the relevant call date. Thelowest performing Index on any call date is the Index that has the lowest closing level on that call date as a percentage of its starting level Automatic Call.If the closing level of the lowest performing Index on any call date is greater than or equal to its starting level, the securities willbe automatically called for the face amount plus the call premium applicable to that call date. The call premium applicable to each call date will be apercentage of the face amount that increases for each call date based on a simple (non-compounding) return of at least approximately 11.50% perannum (to be determined on the pricing date). Please see "Terms of the Securities — Call Dates and Call Premiums" below for the call dates andcall premiums. Maturity Payment Amount.If the securities are not automatically called, you will receive a maturity payment amount that could be equal to orless than the face amount depending on the closing level of the lowest performing Index on the final calculation day as follows: ￭If the closing level of the lowest performing Index on the final calculation day is less than its starting level, but greater than or equal to itsthreshold level, you will receive the face amount of your securities￭If the closing level of the lowest performing Index on the final calculation day is less than its threshold level, you will have full downsideexposure to the decrease in the level of the lowest performing Index on the final calculation day from its starting level, and you will lose morethan 25%, and possibly all, of the face amount of your securities The threshold level for each Index is 75% of its starting level Investors may lose a significant portion, or all, of the face amount Your return on the securities will depend solely on the performance of the Index that is the lowest performing Index on each call date. You will notbenefit in any way from the performance of a better performing Index. Therefore, you will be adversely affected if any Index performs poorly, evenif the other Indices perform favorably Any positive return on the securities will be limited to the applicable call premium, even if the closing level of the lowest performing Index on theapplicable call date exceeds its starting level by significantly more than the percentage represented by such call premium. You will not participate inany appreciation of any Index beyond the applicable fixed call premium 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 $929.50 (92.95%) and $959.50 (95.95%) per security. See “The Bank'sEstimated 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 supplement in market-making transactions in securitiesafter their initial sale. If you are buying securities from Scotia Capital (USA) Inc. or another of its affiliates or agents, the final pricing supplement to which