丰业银行美股招股说明书(2026-06-04版)

Filed Pursuant to Rule 424(b)(2)Registration No. 333-282565 The Bank of Nova Scotia$Capped Buffered Return NotesLinked to the S&P 500® Index due June 30, 2031 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 ofNova Scotia (the “Bank”) and any payments on the Notes are subject to the credit risk of the Bank￭If the Final Value of the S&P 500®Index (the “Reference Asset”) is greater than the Closing Value of the Reference Asset onthe Trade Date (the “Initial Value”), the Notes offer a return equal to the positive performance of the Reference Asset, subjectto the Maximum Return￭Investors will receive the Principal Amount of their Notes if the Final Value is equal to or less than the Initial Value and equal toor greater than the Buffer Value￭If the Final Value is less than the Buffer Value, you will lose 1% of the Principal Amount of the Notes for each 1% decreasefrom the Initial Value to the Final Value of more than the Buffer Amount and may lose up to 85.00% of the Principal Amount￭The Notes do not bear interest or pay any coupons prior to maturity￭The Trade Date is expected to be June 25, 2026 and the Notes are expected to settle on June 30, 2026 and will have a termof approximately 5 years￭Minimum investment of $1,000 and integral multiples of $1,000 in excess thereof￭CUSIP / ISIN: 06419TED6 / US06419TED63￭See “Summary” beginning on page P-3 herein for additional information All payments on the Notes will be made in cash and will only be paid at maturity.Any payment on your Notes is subject to thecreditworthiness of the Bank. Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-9 herein and“Additional Risk Factors Specific to the Notes” beginning on page PS-6 of the accompanying product supplement and “RiskFactors”beginning on page S-2 of the accompanying prospectus supplement and on page 8 of the accompanyingprospectus. The initial estimated value of your Notes at the time the terms of your Notes are set on the Trade Date is expected to bebetween $907.56 and $937.56 per $1,000 Principal Amount, which will be less than the Original Issue Price of your Noteslisted below.See “Additional Information Regarding Estimated Value of the Notes” on the following page and “Additional Risks –Risks Relating to Estimated Value and Liquidity” beginning on page P-10 of this document for additional information. The actual valueof your Notes at any time will reflect many factors and cannot be predicted with accuracy. (1)Scotia Capital (USA) Inc. (“SCUSA”), our affiliate, will purchase the Notes from us at the Principal Amount and, as part of the distribution of theNotes, will sell the Notes to other registered broker-dealers at a discount of up to $35.00 (3.50%) per Principal Amount of the Notes, or will offerthe Notes directly to investors. See “Supplemental Plan of Distribution (Conflicts of Interest)” herein. Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission hasapproved or disapproved of the Notes or passed upon the accuracy or the adequacy of this pricing supplement, theaccompanying product supplement, underlier supplement, prospectus supplement or prospectus. Any representation to thecontrary is a criminal offense. The Notes are not insured by the Canada Deposit Insurance Corporation (the “CDIC”) pursuant to the Canada DepositInsurance Corporation Act (the “CDIC Act”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any othergovernment agency of Canada, the United States or any other jurisdiction. 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 quotation system. The Notes are derivative products based on the price return of the Reference Asset. All payments on the Notes will be made incash. The Notes do not constitute a hypothetical direct investment in the Reference Asset or any of the constituent stocks of theReference Asset (the “Reference Asset Constituent Stocks”). By acquiring the Notes, you will not have a direct economic or otherinterest in, claim or entitlement to, or any legal or beneficial ownership of, any Reference Asset Constituent Stock or any rights asa holder of a Reference Asset Constituent Stock, including without limitation, any voting rights or rights to receive any dividends orother distributions. Our affiliate, SCUSA, may use the final pricing supplement to which this preliminary pricing supplement relates in market-makingtransactions in the Notes after their ini