New Issue: Scotiabank prices $1.67 million digital notes linked to Nasdaq, Russell

Chicago, March 18 – Bank of Nova Scotia priced $1.67 million of 0% digital notes due March 5, 2026 linked to the least performing of the Nasdaq-100 index and the Russell 2000 index, according to a 424B2 filing with the Securities and Exchange Commission.

The payout at maturity will be par plus 23% if both indexes finish above 80% of their initial levels.

Otherwise, investors will be fully exposed to the losses of the worst performer.

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

Issuer:	Bank of Nova Scotia
Issue:	Digital notes
Underlying indexes:	Nasdaq-100 index, Russell 2000 index
Amount:	$1,666,000
Maturity:	March 5, 2026
Coupon:	0%
Price:	Par
Payout at maturity:	If each index finishes at or above threshold level, $1,230 per $1,000 principal amount; otherwise, 1% loss for each 1% decline of worst performer from initial level
Initial index levels:	18,043.85 for Nasdaq, 2,054.843 for Russell
Threshold values:	80% of initial levels
Pricing date:	Feb. 29
Settlement date:	March 5
Agent:	Scotia Capital (USA) Inc.
Dealer:	Goldman Sachs & Co. LLC
Fees:	0.8%
Cusip:	06418LAR7

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