丰业银行美股招股说明书(2026-06-25版)

Filed Pursuant to Rule 424(b)(2)Registration No. 333-282565 General Any capitalized terms used but not defined in the following bullets have the meaning set forth under “Summary” in this pricing supplement. ￭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￭Payments on the Notes are based on the performance of the common stock of Abbott Laboratories, the common stock of Bristol-Myers Squibb Company, the common stock of Johnson & Johnson and the common stock of McKesson Corporation (each a“Reference Asset”), as described below￭The Notes will be automatically called if the Closing Value of each Reference Asset on any Call Observation Date (as specified inthis pricing supplement) is equal to or greater than its Initial Value￭If the Notes are automatically called, you will receive a cash payment per Note on the Call Settlement Date equal to the PrincipalAmount plus the Contingent Coupon otherwise payable on the corresponding Contingent Coupon Payment Date. Following anautomatic call, no further payments will be made on the Notes￭If the Notes have not been automatically called and the Closing Value of each Reference Asset on any Contingent CouponObservation Date (as specified in this pricing supplement) is equal to or greater than its Contingent Coupon Barrier Value, theNotes will pay a Contingent Coupon (as specified under “Summary” below) on the corresponding Contingent Coupon PaymentDate￭If the Notes are not automatically called, the Payment at Maturity will be based solely on the performance of the Reference Assetwith the lowest percentage change (the “Least Performing Reference Asset”) from its Initial Value to its Final Value￭If the Notes are not automatically called and the Final Value of the Least Performing Reference Asset is equal to or greater thanits Barrier Value, you will receive the Principal Amount of your Notes on the Maturity Date, in addition to any Contingent Coupondue on such date￭If the Notes are not automatically called and the Final Value of the Least Performing Reference Asset is less than its BarrierValue, you will suffer a loss on the Notes equal to the depreciation of the Least Performing Reference Asset and you may lose upto 100% of the Principal Amount￭The Notes do not guarantee interest and you may not receive any Contingent Coupons on the Notes￭The Notes are expected to price on July 1, 2026 and are expected to settle on July 7, 2026 and will have a term of approximately5 years, if not automatically called prior to maturity￭Minimum investment of $1,000 and integral multiples of $1,000 in excess thereof￭CUSIP / ISIN: 06419THT8 / US06419THT88￭See “Summary” beginning on page P-3 herein for additional information All payments on the Notes will be made in cash.Any payment on your Notes is subject to the creditworthiness of the Bank. Investment in the Notes involves certain risks. You should refer to “Additional Risks” beginning on page P-11 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 $920.62 and $950.62 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-13 of this document for additional information. The actual valueof your Notes at any time will reflect many factors and cannot be predicted with accuracy.Per NoteTotal (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 $12.50 (1.25%) per Principal Amount of the Notes. See“Supplemental Plan of Distribution (Conflicts of Interest)” herein. Neither the United States Securities and Exchange Commission (the “SEC”) nor any state securities commission has approved or disapproved of the Notes orpassed upon the accuracy or the adequacy of this pricing supplement, the accompanying product supplement, prospectus supplement or prospectus. Anyrepresentation 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 “CDICAct”) or the U.S. Federal Deposit Insurance Corporation (the “FDIC”) or any other government agency of Canada, the United States or any other jurisdiction.Pricing Supplement dated [•], 2026 Scotia Capita