Prospectus Supplement for Index Linked Notes
Prospectus Supplement to Short Form Base Shelf Prospectus dated March 4, 2022
No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise.
This prospectus supplement together with the short form base shelf prospectus dated March 4, 2022 to which it relates, as amended
or supplemented, and each document incorporated by reference into such prospectus, constitutes a public offering of these securities
only in those jurisdictions where they may be lawfully offered for sale and therein only by persons permitted to sell such securities.
The securities to be issued hereunder have not been and will not be registered under the United States Securities Act of 1933, as
amended (the "U.S. Securities Act") and, subject to certain exceptions, may not be offered, sold or delivered, directly or indirectly,
in the United States or to or for the account or benefit of U.S. Persons (as defined in Regulation S under the U.S. Securities Act).
See "Plan of Distribution" in the short form base shelf prospectus.
New Issue
March 4, 2022
Scotiabank
The Bank of Nova Scotia
Senior Notes (Principal at Risk Notes)
Index Linked Notes
The Bank of Nova Scotia (the "Bank") may, from time to time, offer and issue unsecured and
unsubordinated debt securities (principal at risk notes) (the "Notes") in one or more tranches or series as
described in its short form base shelf prospectus dated March 4, 2022 (the "Prospectus") establishing the
Bank's senior (principal at risk) note program. For the purpose of this prospectus supplement ("product
supplement") the Notes will be linked to the performance of one or more indices or a basket of indices as
specified in the relevant pricing supplement (a "pricing supplement") to be delivered together with the
Prospectus and this product supplement.
The Notes will not constitute deposits under the Canada Deposit Insurance Corporation Act or under
any other deposit insurance regime.
The return on the Notes will be based on the performance of one or more indices or a basket of indices
during the term of such Notes. The Notes are designed for investors seeking exposure to the specified index
or indices, and who are prepared to assume the risks associated with an investment linked to the specified
index or indices.
An investment in the Notes involves risks. The Notes are not designed to be alternatives to fixed income
or money market instruments. The Notes are only appropriate investments for persons who understand
the risks associated with structured products and derivatives. The Notes are considered to be "specified
derivatives" under applicable Canadian securities laws. An investment in the Notes does not represent
a direct or indirect investment in the index or indices to which it is linked or its underlying interests,
and investors do not have an ownership or any other interest (including voting rights or the right to
receive any dividends, distributions or other income or amounts accruing or paid thereon) in respect of
such index or indices or its or their underlying interests. A purchaser of Notes will be exposed to
fluctuations and changes in the levels of the index or indices to which the Notes are linked. Index levels
may be volatile and an investment linked to index levels may also be volatile. The Notes do not
guarantee the repayment of any amount of the principal (subject to the minimum principal repayment
as may be specified in the applicable pricing supplement), or the payment of any return and may be
subject to a cap or other limitation on return and may be fully exposed to any decline in the value of the
securities or other interests that comprise the specified index or indices. The amount received at
maturity will depend on the performance of the index or indices. A purchaser of Notes could lose
substantially all of his or her investment in the Notes. See "Risk Factors" in the Prospectus, this product
supplement and/or the applicable pricing supplement.View entire presentation