AUTOCALLABLE STRATEGIC ACCELERATED REDEMPTION SECURITIES®
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Autocallable Strategic Accelerated Redemption Securities® Linked to the EURO STOXX 50® Index
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Issuer
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The Bank of Nova Scotia (“BNS”)
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Principal Amount
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$10.00 per unit
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Term
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Approximately three years, if not called earlier
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Market Measure
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The EURO STOXX 50® Index (Bloomberg symbol: “SX5E”)
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Automatic Call
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The notes will be called automatically if the Observation Level of the Market Measure on any of the Observation Dates is equal to or greater than the Call Level
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Observation Level
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The closing level of the Market Measure on any Observation Date
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Observation Dates
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Approximately one, two and three years from the pricing date
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Call Level
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100.00% of the Starting Value
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Call Amounts
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[$10.95 to $11.05] if called on the first Observation Date, [$11.90 to $12.10] if called on the second Observation Date and [$12.85 to $13.15] if called on the final Observation Date,
each to be determined on the pricing date
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Payout Profile at Maturity
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If the notes are not called, 1-to-1 downside exposure to decreases in the Market Measure, with up to 100.00% of your principal amount at risk
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Threshold Value
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100.00% of the Starting Value
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Investment Considerations
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This investment is designed for investors who anticipate that the Observation Level of the Market Measure on at least one of the Observation Dates will be equal to or greater than the
Call Level and, in that case, are willing to have their notes called. This investment is also designed for investors who are willing to accept that their return on their investment will be capped at the applicable Call Premium, take
full downside risk and forgo interim interest payments.
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Preliminary Offering
Documents
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Exchange Listing
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No
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If your notes are not called, your investment will result in a loss; there is no guaranteed return of principal.
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Payments on the notes are subject to the credit risk of BNS, and actual or perceived changes in the creditworthiness of BNS are expected to affect the value of the notes. If BNS
becomes insolvent or is unable to pay its obligations, you may lose your entire investment.
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The initial estimated value of the notes on the pricing date will be less than their public offering price.
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If you attempt to sell the notes prior to maturity, their market value may be lower than both the public offering price and the initial estimated value of the notes on the pricing
date.
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If called, your return on the notes is limited to the applicable Call Premium.
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You will have no rights of a holder of the securities represented by the Market Measure, and you will not be entitled to receive securities or dividends or other distributions by the
issuers of those securities.
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Your return on the notes may be affected by factors affecting the international securities markets, specifically changes within the Eurozone. The Eurozone is and has been undergoing
severe financial stress, and the political, legal and regulatory ramifications are impossible to predict. Changes within the Eurozone could adversely affect the performance of the Market Measure and, consequently, the value of the
notes. In addition, you will not obtain the benefit of any increase in the value of the euro against the U.S. dollar, which you would have received if you had owned the securities in the Market Measure during the term of your notes,
although the level of the Market Measure may be adversely affected by general exchange rate movements in the market.
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