加拿大皇家银行美股招股说明书(2026-06-05版)

Royal Bank of Canada$3,597,000Capped Leveraged Buffered S&P 500®Index-Linked Notes, due September 9,2027 The notes will not bear interest.The amount that you will be paid on your notes on the stated maturity date (September9, 2027, subject to adjustment) is based on the performance of the S&P 500®Index (which we refer to as the “underlier”)as measured from the trade date (June 3, 2026) to and including the determination date (September 7, 2027, subject toadjustment). If the final underlier level (defined below) on the determination date is greater than the initial underlier level(7,553.68, which was the closing level of the underlier on the trade date), the return on your notes will be positive, subjectto the maximum settlement amount of $1,181.61 for each $1,000 principal amount of notes.If the final underlier level isless than the initial underlier level but greater than or equal to the buffer level of 90.00% of the initial underlierlevel, you will receive the principal amount of your notes. If the final underlier level is less than the buffer level,the return on your notes will be negative. You could lose your entire investment in the notes. To determine your payment at maturity, we will calculate the underlier return, which is the percentage increase ordecrease in the final underlier level from the initial underlier level. On the stated maturity date, for each $1,000 principalamount of notes, you will receive an amount in cash equal to: if the underlier return ispositive(the final underlier level isgreater thanthe initial underlier level), thesumof (i) $1,000plus(ii) theproductof (a) $1,000times(b) the upside participation rate of 130%times(c) the underlier return, subjectto the maximum settlement amount;if the underlier return iszeroornegativebutnot below-10.00% (the final underlier level isequal toorless thantheinitial underlier level but not by more than 10.00%), $1,000; orif the underlier return isnegativeandis below-10.00% (the final underlier level isless than90.00% of the initialunderlier level), thesumof (i) $1,000plus(ii) theproductof (a) $1,000times(b) approximately 1.1111times(c) thesumof the underlier returnplus10.00%.This amount will be less than $1,000 and could be zero. The foregoing is only a brief summary of the terms of your notes. You should read the additional disclosure provided in thispricing supplement so that you may better understand the terms and risks of your investment. The initial estimated value of the notes determined by us as of the trade date, which we refer to as the initial estimatedvalue, is $995.91 per $1,000 principal amount of notes and is less than the original issue price. The market value of thenotes at any time will reflect many factors, cannot be predicted with accuracy and may be less than this amount. Wedescribe the determination of the initial estimated value in more detail below. Your investment in the notes involves certain risks, including, among other things, our credit risk. See the section“Selected Risk Factors” beginning on page PS-8 of this pricing supplement. Original issue date:June 8, 2026Original issue price:100.00% of the principalamountUnderwriting discount:0.00% of the principal amountNet proceeds to the issuer:100.00% of the principalamount See “Supplemental Plan of Distribution (Conflicts of Interest)” on page PS-12 of this pricing supplement. The original issue price, underwriting discount and net proceeds to the issuer listed above relate to the notes we sellinitially. We may decide to sell additional notes after the date of this pricing supplement, at issue prices and withunderwriting discounts and net proceeds that differ from the amounts set forth above. The return (whether positive ornegative) on your investment in the notes will depend in part on the issue price you pay for such notes. None of the Securities and Exchange Commission (the “SEC”), any state securities commission or any other regulatorybody has approved or disapproved of the notes or passed upon the adequacy or accuracy of this pricing supplement. Anyrepresentation to the contrary is a criminal offense. The notes will not constitute deposits insured by the Canada DepositInsurance Corporation, the U.S. Federal Deposit Insurance Corporation or any other Canadian or U.S. governmentalagency or instrumentality. The notes are not bail-inable notes and are not subject to conversion into our common sharesunder subsection 39.2(2.3) of the Canada Deposit Insurance Corporation Act. RBC Capital Markets, LLCPricing Supplement dated June 3, 2026 SUMMARY INFORMATION You should read this pricing supplement together with the prospectus dated December 20, 2023, as supplemented bythe prospectus supplement dated December 20, 2023, relating to our Senior Global Medium-Term Notes, Series J, ofwhich the notes are a part, the underlying supplement no. 1A dated May 16, 2024 and the product supplement no. 1Bdated July 22, 2025. This pricing supplement, together with these document