New Issue: Scotia sells $229,000 buffered enhanced participation notes on ETF, index

Chicago, Feb. 27 – Bank of Nova Scotia priced $229,000 of 0% buffered enhanced participation notes due Jan. 23, 2026 linked to the least performing of the iShares MSCI EAFE ETF and the Euro Stoxx 50 index, according to a 424B2 filing with the Securities and Exchange Commission.

If both assets close above their initial levels, the payout at maturity will be par plus 1.73 times the return of the worst performer.

Investors will receive par if at least one asset declines but both finish above 90% of their initial levels.

Otherwise, investors will have a 1% loss for each 1% decline beyond the 10% buffer.

Scotia Capital (USA) Inc. is the underwriter. Goldman Sachs & Co. LLC is the dealer.

Issuer:	Bank of Nova Scotia
Issue:	Buffered enhanced participation notes
Underlying assets:	iShares MSCI EAFE ETF, Euro Stoxx 50 index
Amount:	$229,000
Maturity:	Jan. 23, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 1.73 times return of worst performer if both assets finish positive; if at least one access declines but both finish above buffer, par; otherwise, 1% loss for each 1% decline beyond 10% buffer
Initial levels:	$73.11 for ETF, 4,403.08 for index
Buffer levels:	90% of initial levels
Pricing date:	Jan. 17
Settlement date:	Jan. 22
Agent:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	06417YZK8

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