丰业银行美股招股说明书(2026-07-31版)

Linked to the common stock of QUALCOMM Incorporated due August 4, 2027 Investment Description The Bank of Nova Scotia Airbag Autocallable Yield Notes (the “Notes”) are senior, unsecured debt securities issued by The Bank of Nova Scotia (“BNS” or the “issuer”) linked to the common stock of QUALCOMMIncorporated (the “underlying asset”). Unless the Notes were previously called, BNS will pay a coupon on each coupon payment date regardless of the performance of the underlying asset. BNS will automaticallycall the Notes early if the closing level of the underlying asset on any observation date prior to the final valuation date is equal to or greater than the call threshold level, which is a level of the underlying asset equalto a percentage of the initial level, as indicated below. If the Notes are subject to an automatic call, BNS will pay you on the coupon payment date corresponding to the relevant observation date (the “call settlementdate”) a cash payment per Note equal to the principal amount plus the coupon otherwise due, and no further payments will be owed to you under the Notes. If the Notes are not subject to an automatic call and theclosing level of the underlying asset on the final valuation date (the “final level”) is equal to or greater than the conversion level, BNS will pay you a cash payment per Note at maturity equal to the principal amount.If, however, the Notes are not subject to an automatic call and the final level is less than the conversion level, BNS will deliver to you at maturity a number of shares of the underlying asset per Note equal to thequotient of (i) the principal amount divided by (ii) the conversion level (rounded to the nearest ten-thousandth of one share, the “share delivery amount”), the value of which is expected to be worth less than yourprincipal amount and, in extreme situations, you could lose your entire investment. Any fractional share included in the share delivery amount will be paid in cash at an amount equal to the product of the fractionalshare and the final level, and, for the avoidance of doubt, if the share delivery amount is less than 1.0000, you will receive an amount in cash per Note at maturity, if anything, based on the cash value of the sharedelivery amount.Investing in the Notes involves significant risks. In exchange for receiving a coupon on the Notes, you are accepting the risk of receiving, at maturity, a number of shares of theunderlying asset converted at the conversion level, the value of which is expected to be worth less than your principal amount and, in extreme situations, you could lose your entire investment.Generally, a higher coupon rate on a Note is associated with a greater risk of loss. The contingent repayment of principal applies only at maturity. Any payment or delivery on the Notes, includingany repayment of principal, is subject to the creditworthiness of BNS. If BNS were to default on its payment obligations, you may not receive any amounts owed to you under the Notes and youcould lose your entire investment in the Notes. Features ❑Income —Unless the Notes have been previously called, BNS will pay a coupon on each coupon paymentdate regardless of the performance of the underlying asset.❑Automatic Call Feature— BNS will automatically call the Notes and pay you the principal amount of your Notes plus the coupon otherwise due on the related coupon payment date if the closing level of the underlyingasset on any observation date prior to the final valuation date is equal to or greater than the call thresholdlevel. No further payments or deliveries will be owed to you under the Notes. ❑Contingent Repayment of Principal at Maturity with Potential for Full Downside Market Exposure— Ifthe Notes are not subject to an automatic call and the final level is equal to or greater than the conversionlevel, BNS will repay you the principal amount per Note at maturity. If, however, the final level is less than theconversion level, BNS will deliver to you at maturity a number of shares of the underlying asset per Note equalto the share delivery amount (and, if applicable, cash in lieu of any fractional share), the value of which isexpected to be worth less than the principal amount and, in extreme situations, you could lose your entireinvestment in the Notes. The contingent repayment of principal applies only if you hold the Notes to maturity.Any payment or delivery on the Notes, including any repayment of principal, is subject to the creditworthinessof BNS. Key Dates Trade DateSettlement DateCoupon Payment Dates*Observation Dates*Final Valuation Date*Maturity Date* Subject to postponement in the event of a market disruption event, as described in the accompanyingproduct supplement. Notice to investors: the Notes are significantly riskier than conventional debt instruments. The issuer is not necessarily obligated to repay the principal amount of the Notes atmaturity, and the Notes may have the same downside market risk as that of the unde