New Issue: Scotia sells $933,000 capped buffered enhanced participation notes on MSCI EAFE

Chicago, March 12 – Bank of Nova Scotia priced $933,000 of 0% capped buffered enhanced participation notes due March 20, 2026 linked to the MSCI EAFE index, according to a 424B2 filing with the Securities and Exchange Commission.

If the final index level is greater than the initial level, the payout at maturity will be par plus 250% of the index return, subject to a maximum settlement amount of $1,255.75 per $1,000 principal amount of notes.

Investors will receive par if the index finishes flat or falls by up to 15% and will lose 1.1765% for each 1% index decline beyond 15%.

Scotia Capital (USA) Inc. is the underwriter. iCapital Markets LLC, a broker-dealer affiliated with Goldman Sachs & Co. LLC, is the dealer.

Issuer:	Bank of Nova Scotia
Issue:	Capped buffered enhanced participation notes
Underlying index:	MSCI EAFE index
Amount:	$933,000
Maturity:	March 20, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	Par plus 250% of any index gain, up to maximum payout of $1,255.75 per $1,000 principal amount of notes; par if index finishes flat or falls by up to 15%; 1.1765% loss for each 1% index decline beyond 15%
Initial index level:	2,306.96
Buffer level:	85% of initial level
Pricing date:	March 5
Settlement date:	March 12
Agent:	Scotia Capital (USA) Inc.
Dealer:	iCapital Markets LLC
Fees:	None
Cusip:	06417YQ51

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