New Issue: Scotiabank prices $2.33 million capped buffer gears on index basket

Chicago, Nov. 3 – Bank of Nova Scotia priced $2.33 million of 0% capped buffer gears due Oct. 31, 2025 linked to an unequally weighted basket of indexes, according to a 424B2 filing with the Securities and Exchange Commission.

The basket consists of the Euro Stoxx 50 index with a 40% weight, the Nikkei 225 index with a 25% weight, the FTSE 100 index with a 17.5% weight, the Swiss Market index with a 10% weight and the S&P/ASX 200 index with a 7.5% weight.

The payout at maturity will be par plus double any index gain, capped at par plus 38.5%.

Investors will receive par if the index falls by up to 15% and will lose 1% for every 1% decline beyond 15%.

Scotia Capital (USA) Inc. is the agent. UBS Financial Services Inc. is the selling agent.

Issuer:	Bank of Nova Scotia
Issue:	Capped buffer gears
Underlying basket:	Euro Stoxx 50 index (40% weight), the Nikkei 225 index (25% weight), the FTSE 100 index (17.5% weight), the Swiss Market index (10% weight) and the S&P/ASX 200 index (7.5% weight)
Amount:	$2,330,500
Maturity:	Oct. 31, 2025
Coupon:	0%
Price:	Par of $10.00
Payout at maturity:	Par plus two times any index gain, capped at par plus 38.5%; par if index falls by up to 15%; otherwise, 1% loss for every 1% decline beyond buffer
Initial levels:	4,014.36 for Stoxx, 30,991.69 for Nikkei, 7,291.28 for FTSE, 10,323.71 for Swiss Market, 6,826.859 for S&P/ASX
Buffer level:	85% of initial level
Pricing date:	Oct. 27
Settlement date:	Oct. 31
Agent:	Scotia Capital (USA) Inc.
Selling agent:	UBS Financial Services Inc.
Fees:	2%
Cusip:	06418E607

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