Obligation ScotiaBank 0% ( US064159PV27 ) en USD

Société émettrice ScotiaBank
Prix sur le marché 100 %  ▲ 
Pays  Canada
Code ISIN  US064159PV27 ( en USD )
Coupon 0%
Echéance 03/10/2022 - Obligation échue



Prospectus brochure de l'obligation Bank of Nova Scotia US064159PV27 en USD 0%, échue


Montant Minimal 1 000 USD
Montant de l'émission 3 873 000 USD
Cusip 064159PV2
Notation Standard & Poor's ( S&P ) N/A
Notation Moody's N/A
Description détaillée La Banque de Nouvelle-Écosse (Scotiabank) est une banque multinationale canadienne offrant une vaste gamme de services financiers personnels et commerciaux à travers les Amériques, en Europe et en Asie-Pacifique.

L'Obligation émise par ScotiaBank ( Canada ) , en USD, avec le code ISIN US064159PV27, paye un coupon de 0% par an.
Le paiement des coupons est semestriel et la maturité de l'Obligation est le 03/10/2022







Submission Documents
424B2 1 p54166591-424b2.htm PS - R1739 WF AUTO-CALL W FIXED % BUFF (GDX) US064159PV27

File d Pursua nt t o Rule 4 2 4 (b)(2 )
Re gist ra t ion N o. 3 3 3 -2 2 8 6 1 4

Pricing Supplement dated September 30, 2019 to the
Prospectus dated December 26, 2018,
Prospectus Supplement dated December 26, 2018 and Product Prospectus Supplement (Equity Securities Linked Notes and Exchange Traded Fund Linked Notes, Series A) dated
December 26, 2018

T he Ba nk of N ova Sc ot ia
$ 3 ,8 7 3 ,0 0 0
M a rk e t Link e d Se c urit ie s ­ Aut o -Ca lla ble w it h Fix e d Pe rc e nt a ge Buffe re d Dow nside , Princ ipa l a t Risk Se c urit ie s
Link e d t o t he V a nEc k V e c t ors® Gold M ine rs ET F Due Oc t obe r 3 , 2 0 2 2
The Market Linked Securities ­ Auto-Callable with Fixed Percentage Buffered Downside, Principal at Risk Securities, Linked to the VanEck Vectors® Gold Miners ETF Due
October 3, 2022 (the "Securities") offered hereunder are senior unsecured obligations of The Bank of Nova Scotia (the "Bank") and are subject to investment risks including
possible loss of the Principal Amount invested due to the negative performance of the Reference Asset and the credit risk of the Bank. As used in this pricing supplement, the
"Bank," "we," "us" or "our" refers to The Bank of Nova Scotia.
The Securities will not be listed on any securities exchange or automated quotation system.
T he Se c urit ie s do not be a r int e re st . If the Fund Closing Price of the VanEck Vectors® Gold Miners ETF (which we refer to as the "Reference Asset") on any Call Date
(including the Final Calculation Day) is greater than or equal to the Starting Price, we will automatically call the Securities for the Principal Amount plus the Call Premium
applicable to that Call Date. If the Securities are not automatically called on any Call Date, the amount that you will be paid on your Securities at maturity will be based on the
performance of the Reference Asset as measured from the Pricing Date to and including the Final Calculation Day. I f t he Se c urit ie s a re not a ut om a t ic a lly c a lle d a nd
t he Pe rc e nt a ge Cha nge of t he Re fe re nc e Asse t is be low -1 0 .0 0 % (t he Ending Pric e is le ss t ha n t he St a rt ing Pric e by m ore t ha n 1 0 .0 0 % ), you w ill
lose a port ion of your inve st m e nt in t he Se c urit ie s a nd m a y lose up t o 9 0 .0 0 % of your inve st m e nt de pe nding on t he pe rform a nc e of t he Re fe re nc e
Asse t . Addit iona lly, a ny posit ive re t urn on t he Se c urit ie s w ill be lim it e d t o t he a pplic a ble Ca ll Pre m ium , e ve n if t he Fund Closing Pric e of t he
Re fe re nc e Asse t on t he a pplic a ble Ca ll Da t e signific a nt ly e x c e e ds t he St a rt ing Pric e . Y ou w ill not pa rt ic ipa t e in a ny a ppre c ia t ion of t he Re fe re nc e
Asse t be yond t he a pplic a ble fix e d Ca ll Pre m ium . I n a ddit ion, a ny pa ym e nt on your Se c urit ie s is subje c t t o t he c re dit w ort hine ss of T he Ba nk of
N ova Sc ot ia .
The Call Dates and the Call Premium applicable to each Call Date are set forth in the table below:
Ca ll Da t e
Ca ll Pre m ium
October 5, 2020
11.30% of the Principal Amount
October 4, 2021
22.60% of the Principal Amount
September 26, 2022 (which is also the Final Calculation Day)
33.90% of the Principal Amount

If the Securities are not automatically called on any Call Date (including the Final Calculation Day), to determine your payment at maturity, we will first calculate the percentage
decrease in the Ending Price (determined on the Final Calculation Day, subject to adjustment) from the Starting Price (which is the Fund Closing Price of the Reference Asset on
the Pricing Date), which we refer to as the Percentage Change. If the Securities are not automatically called, the percentage change will reflect a negative return based on the
decrease in the price of the Reference Asset over the term of the Securities. If the Securities are not automatically called, at maturity, for each $1,000 Principal Amount of your
Securities:
?
if the Ending Price is less than the Starting Price but not by more than 10.00% (the Percentage Change is negative but not below -10.00%), you will receive an amount in
cash equal to $1,000; or
?
if the Ending Price is less than the Starting Price by more than 10.00% (the Percentage Change is negative and below -10.00%), you will receive less than $1,000 and have
1-to-1 downside exposure to the portion of such decrease in the Reference Asset that exceeds 10.00%. In this case, you will receive an amount in cash equal to the sum of:
(1) $1,000 plus (2) the product of (i) $1,000 times (ii) the sum of the Percentage Change plus 10.00%.
Y ou c ould lose up t o 9 0 .0 0 % of your inve st m e nt in t he Se c urit ie s. A pe rc e nt a ge de c re a se of m ore t ha n 1 0 .0 0 % be t w e e n t he St a rt ing Pric e a nd t he
Ending Pric e w ill re duc e t he pa ym e nt you w ill re c e ive a t m a t urit y be low t he Princ ipa l Am ount of your Se c urit ie s.
The difference between the estimated value of your Securities and the Original Offering Price reflects costs that the Bank expects to incur and profits that the Bank expects to
realize in connection with hedging activities related to the Securities. These costs and profits will likely reduce the secondary market price, if any, at which the Underwriters are
willing to purchase the Securities. The Underwriters may, but are not obligated to, purchase any Securities. As a result, you may experience an immediate and substantial decline
in the market value of your Securities on the Trade Date and you may lose a substantial portion of your initial investment. The Bank's profit in relation to the Securities will vary
based on the difference between (i) the amounts received by the Bank in connection with the issuance and the reinvestment return received by the Bank in connection with such
amounts and (ii) the costs incurred by the Bank in connection with the issuance of the Securities and the hedging transactions it effects. The Bank's affiliates or the Underwriters'
affiliates may also realize a profit from a hedging transaction with our affiliate and/or an affiliate of Wells Fargo Securities, LLC ("WFS") in connection with your Securities as
described under "The Bank's Estimated Value of the Securities".
The return on your Securities will relate to the price return of the Reference Asset and will not include any dividends or other distributions paid on the Reference Asset. The
Securities are derivative products based on the performance of the Reference Asset. The Securities do not constitute a direct investment in the Reference Asset or any of the
shares, units or other securities represented by the Reference Asset. By acquiring Securities, you will not have any direct economic or other interest in, claim or entitlement to, or
any legal or beneficial ownership of the Reference Asset or any such share, unit or security and will not have any rights as a shareholder, unitholder or other security holder of any
of the issuer of the Reference Asset or any other such issuers including, without limitation, any voting rights or rights to receive dividends or other distributions.
N e it he r t he U nit e d St a t e s Se c urit ie s a nd Ex c ha nge Com m ission ("SEC"), nor a ny st a t e se c urit ie s c om m ission ha s a pprove d or disa pprove d of t he
Se c urit ie s or pa sse d upon t he a c c ura c y or t he a de qua c y of t his doc um e nt , t he a c c om pa nying prospe c t us, prospe c t us supple m e nt or produc t
prospe c t us supple m e nt . Any re pre se nt a t ion t o t he c ont ra ry is a c rim ina l offe nse .
T he Se c urit ie s a re not insure d by t he Ca na da De posit I nsura nc e Corpora t ion pursua nt t o t he Ca na da De posit I nsura nc e Corpora t ion Ac t (t he "CDI C
Ac t ") or t he U .S. Fe de ra l De posit I nsura nc e Corpora t ion or a ny ot he r gove rnm e nt a l a ge nc y of Ca na da , t he U nit e d St a t e s or a ny ot he r jurisdic t ion.
Scotia Capital (USA) Inc., our affiliate, has agreed to purchase the Securities from us for distribution to other registered broker dealers including WFS or has offered the Securities
directly to investors. Scotia Capital (USA) Inc. or any of its affiliates or agents may use this pricing supplement in market-making transactions in Securities after their initial sale. If
you are buying Securities from Scotia Capital (USA) Inc. or another of its affiliates or agents, this pricing supplement may be used in a market-making transaction. See
"Supplemental Plan of Distribution (Conflicts of Interest)" in this pricing supplement and on page PS-32 of the accompanying product prospectus supplement.

Per Security
Total
Price to public1
100.00%
$3,873,000.00
Underwriting commissions2
3.15%
$121,999.50
Proceeds to The Bank of Nova Scotia3
96.85%
$3,751,000.50
T he Se c urit ie s ha ve c om ple x fe a t ure s a nd inve st m e nt in t he Se c urit ie s involve s c e rt a in risk s. Y ou should re fe r t o "Addit iona l Risk s" be ginning on
pa ge P -1 7 in t his pric ing supple m e nt a nd "Addit iona l Risk Fa c t ors Spe c ific t o t he N ot e s" be ginning on pa ge PS-5 of t he a c c om pa nying produc t
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Submission Documents
prospe c t us supple m e nt a nd "Risk Fa c t ors" be ginning on pa ge S -2 of t he a c c om pa nying prospe c t us supple m e nt a nd on pa ge 6 of t he
a c c om pa nying prospe c t us.
We will deliver the Securities in book-entry form through the facilities of The Depository Trust Company ("DTC") on October 3, 2019 against payment in immediately available
funds.
Sc ot ia Ca pit a l (U SA) I nc .

We lls Fa rgo Se c urit ie s, LLC.
1 The estimated value of the Securities as determined by the Bank as of the pricing date is $939.69 (93.969%) per $1,000 Principal Amount of the Securities. See "The Bank's
Estimated Value of the Securities" in this pricing supplement for additional information.
2 Scotia Capital (USA) Inc. or one of our affiliates has agreed to purchase the aggregate Principal Amount of the Securities and as part of the distribution, has agreed to sell the
Securities to WFS at a discount of $31.50 (3.15%) per $1,000 Principal Amount of the Securities. WFS will provide selected dealers, which may include Wells Fargo Advisors
("WFA", the trade name of the retail brokerage business of Wells Fargo Clearing Services, LLC and Wells Fargo Advisors Financial Network, LLC), with a selling concession of
$17.50 (1.75%) per $1,000 Principal Amount of the Securities, and WFA will receive a distribution expense fee of $0.75 (0.075%) per $1,000 Principal Amount of the Securities for
Securities sold by WFA. See "Supplemental Plan of Distribution (Conflicts of Interest)" in this pricing supplement.
3 Excludes any profits from hedging. For additional considerations relating to hedging activities see "Additional Risks--The Inclusion of Dealer Spread and Projected Profit from
Hedging in the Original Offering Price is Likely to Adversely Affect Secondary Market Prices" in this pricing supplement.

Sum m a ry

The information in this "Summary" section is qualified by the more detailed information set forth in this pricing supplement, and the accompanying prospectus, prospectus
supplement, and product prospectus supplement. See "Additional Terms of the Securities" in this pricing supplement.
I ssue r:
The Bank of Nova Scotia (the "Bank")


I ssue :
Senior Note Program, Series A


CU SI P/I SI N :
064159PV2 / US064159PV27


T ype of Se c urit ie s:
Market Linked Securities ­ Auto-Callable with Fixed Percentage Buffered Downside, Principal at Risk Securities


Re fe re nc e Asse t :
VanEck Vectors® Gold Miners ETF (Bloomberg Ticker: GDX)


M inim um I nve st m e nt a nd
$1,000 and integral multiples of $1,000 in excess thereof
De nom ina t ions:


Princ ipa l Am ount :
$1,000 per Security


Origina l Offe ring Pric e :
100.00% of the Principal Amount of each Security


Curre nc y:
U.S. Dollars.


Pric ing Da t e :
September 30, 2019


T ra de Da t e :
September 30, 2019


Origina l I ssue Da t e :
October 3, 2019

Delivery of the Securities will be made against payment therefor on the 3rd Business Day following the Trade Date (this settlement
cycle being referred to as "T+3"). Under Rule 15c6-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
trades in the secondary market generally are required to settle in 2 Business Days (T+2), unless the parties to any such trade
expressly agree otherwise. Accordingly, purchasers who wish to trade the Securities on the Trade Date will be required, by virtue of
the fact that each Security initially will settle in 3 Business Days (T+3), to specify alternative settlement arrangements to prevent a
failed settlement.


M a t urit y Da t e :
October 3, 2022 or, if such day is not a Business Day, the next succeeding Business Day. If the scheduled Final Calculation Day is
not a Trading Day or if a market disruption event occurs or is continuing on the day that would otherwise be the Final Calculation Day
so that the Final Calculation Day as postponed falls less than two Business Days prior to the scheduled Maturity Date, the Maturity
Date will be postponed to the second Business Day following the Final Calculation Day as postponed.


Fina l Ca lc ula t ion Da y:
September 26, 2022 or, if such day is not a Trading Day, the next succeeding Trading Day. The Final Calculation Day is also subject
to postponement due to the occurrence of a market disruption event. See "--Postponement of a Calculation Day" below.
T ra ding Da y:
A "Trading Day" with respect to the Reference Asset means a day, as determined by the Calculation Agent, on which the relevant
exchange and each related futures or options exchange with respect to the Reference Asset or any successor thereto, if applicable,
are scheduled to be open for trading for their respective regular trading sessions.


Princ ipa l a t Risk :
You may lose a substantial portion of your initial investment at maturity if the Securities are not automatically called and there is a
percentage decrease from the Starting Price to the Ending Price of more than 10.00%.


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P-2
Aut om a t ic Ca ll Fe a t ure :
If the Fund Closing Price of the Reference Asset on any Call Date (including the Final Calculation Day) is greater than or equal to the
Starting Price, the Securities will be automatically called, and on the related Call Settlement Date you will be entitled to receive a
cash payment per Security in U.S. dollars equal to the Principal Amount per Security plus the Call Premium applicable to the relevant
Call Date. The last Call Date is the Final Calculation Day, and payment upon an automatic call on the Final Calculation Day, if
applicable, will be made on the Maturity Date.

Any posit ive re t urn on t he Se c urit ie s w ill be lim it e d t o t he a pplic a ble Ca ll Pre m ium , e ve n if t he Fund Closing
Pric e of t he Re fe re nc e Asse t on t he a pplic a ble Ca ll Da t e signific a nt ly e x c e e ds t he St a rt ing Pric e . Y ou w ill not
pa rt ic ipa t e in a ny a ppre c ia t ion of t he Re fe re nc e Asse t be yond t he a pplic a ble fix e d Ca ll Pre m ium .

If the Securities are automatically called, they will cease to be outstanding on the related Call Settlement Date and you will have no
further rights under the Securities after such Call Settlement Date. You will not receive any notice from us if the Securities are
automatically called.

Payment per Security upon an Automatic
Ca ll Da t e s a nd Ca ll Pre m ium s:
Call Date
Call Premium
Call

October 5, 2020
11.30% of the Principal Amount
$1,113.00

October 4, 2021
22.60% of the Principal Amount
$1,226.00

September 26, 2022*
33.90% of the Principal Amount
$1,339.00

* September 26, 2022 is also the Final Calculation Day.



The Call Dates are subject to postponement for non-Trading Days and the occurrence of a market disruption event. See "--
Postponement of a Calculation Day" below.
Ca ll Se t t le m e nt Da t e :
Five business days after the applicable Call Date (as each such Call Date may be postponed pursuant to "--Postponement of a
Calculation Day" below, if applicable); provided that the Call Settlement Date for the last Call Date is the Maturity Date.
Fe e s a nd Ex pe nse s:
Scotia Capital (USA) Inc. or one of our affiliates has agreed to purchase the aggregate Principal Amount of the Securities and as part
of the distribution, has agreed to sell the Securities to WFS at a discount of $31.50 (3.15%) per $1,000 Principal Amount of the
Securities. WFS will provide selected dealers, which may include Wells Fargo Advisors ("WFA"), with a selling concession of $17.50
(1.75%) per $1,000 Principal Amount of the Securities, and WFA will receive a distribution expense fee of $0.75 (0.075%) per $1,000
Principal Amount of the Securities for Securities sold by WFA.

The price at which you purchase the Securities includes costs that the Bank, the Underwriters or their respective affiliates expect to
incur and profits that the Bank, the Underwriters or their respective affiliates expect to realize in connection with hedging activities
related to the Securities, as set forth above. These costs and profits will likely reduce the secondary market price, if any secondary
market develops, for the Securities. As a result, you may experience an immediate and substantial decline in the market value of your
Securities on the Pricing Date. See "Additional Risks--The Inclusion of Dealer Spread and Projected Profit from Hedging in the
Original Offering Price is Likely to Adversely Affect Secondary Market Prices" in this pricing supplement.

Re de m pt ion Am ount a t M a t urit y:
If the Securities are not automatically called on any Call Date (including the Final Calculation Day), the Redemption Amount at
Maturity will be based on the performance of the Reference Asset and will be calculated as follows:
? If the Ending Price is less than the Starting Price and greater than or equal to the Threshold Price, the Redemption Amount at
Maturity will equal: $1,000; or
P-3


? If the Ending Price is less than the Threshold Price, the Redemption Amount at Maturity will equal:
Principal Amount + [Principal Amount × (Percentage Change + Threshold Percentage)]
In this case you will have 1-to-1 downside exposure to the portion of such decrease in the Reference Asset that exceeds
10.00%. Accordingly, you could lose up to 90.00% of your initial investment.
St a rt ing Pric e :
$26.71


Ending Pric e :
The Fund Closing Price of the Reference Asset on the Final Calculation Day.


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Fund Closing Pric e :
The Fund Closing Price with respect to the Reference Asset on any Trading Day means the product of (i) the closing price of one
share of the Reference Asset (or one unit of any other security for which a Fund Closing Price must be determined) on such Trading
Day and (ii) the Adjustment Factor applicable to the Reference Asset on such Trading Day.


Closing Pric e :
The Closing Price for one share of the Reference Asset (or one unit of any other security for which a closing price must be
determined) on any trading day means the official closing price on such day published by the principal United States securities
exchange registered under the Exchange Act on which the Reference Asset (or any such other security) is listed or admitted to
trading. In certain special circumstances, the Closing Price will be determined by the Calculation Agent. See "--Market Disruption
Events" and "--Postponement of a Calculation Day" below.


Adjust m e nt Fa c t or:
The Adjustment Factor means, with respect to a share of the Reference Asset (or one unit of any other security for which a Fund
Closing Price must be determined), 1.0, subject to adjustment in the event of certain events affecting the shares of the Reference
Asset. See "--Anti-dilution Adjustments Relating to the Reference Asset" below.

Pe rc e nt a ge Cha nge :
The Percentage Change, expressed as a percentage, with respect to the Redemption Amount at Maturity, is calculated as follows:

Ending Price ­ Starting Price
Starting Price
For the avoidance of doubt, because the Percentage Change will be calculated only if the Fund Closing Price of the Reference Asset
is less than the Starting Price on each Call Date, including the Final Calculation Day, the Percentage Change will be a negative
value.
T hre shold Pric e :
$24.039, which is equal to the Starting Price multiplied by the difference of 100.00% minus the Threshold Percentage.


T hre shold Pe rc e nt a ge :
10.00%



P-4

M a rk e t Disrupt ion Eve nt :
For purposes of the Securities, the definition of "market disruption event" set forth in the product prospectus supplement is
superseded. For purposes of the Securities, a "market disruption event" means any of the following events as determined by the
Calculation Agent in its sole discretion:
The occurrence or existence of a material suspension of or limitation imposed on trading by the relevant exchange or otherwise

(A)
relating to the shares (or other applicable securities) of the Reference Asset or any successor fund on the relevant exchange at
any time during the one-hour period that ends at the close of trading on such day, whether by reason of movements in price
exceeding limits permitted by such relevant exchange or otherwise.
The occurrence or existence of a material suspension of or limitation imposed on trading by any related futures or options

(B)
exchange or otherwise in futures or options contracts relating to the shares (or other applicable securities) of the Reference
Asset or any successor fund on any related futures or options exchange at any time during the one-hour period that ends at the
close of trading on that day, whether by reason of movements in price exceeding limits permitted by the related futures or
options exchange or otherwise.
(C) The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the ability of market
participants in general to effect transactions in, or obtain market values for, shares (or other applicable securities) of the
Reference Asset or any successor fund on the relevant exchange at any time during the one-hour period that ends at the close
of trading on that day.
(D) The occurrence or existence of any event, other than an early closure, that materially disrupts or impairs the ability of market
participants in general to effect transactions in, or obtain market values for, futures or options contracts relating to shares (or
other applicable securities) of the Reference Asset or any successor fund on any related futures or options exchange at any time
during the one-hour period that ends at the close of trading on that day.
(E) The closure of the relevant exchange or any related futures or options exchange with respect to the Reference Asset or any
successor fund prior to its scheduled closing time unless the earlier closing time is announced by the relevant exchange or
related futures or options exchange, as applicable, at least one hour prior to the earlier of (1) the actual closing time for the
regular trading session on such relevant exchange or related futures or options exchange, as applicable, and (2) the submission
deadline for orders to be entered into the relevant exchange or related futures or options exchange, as applicable, system for
execution at the close of trading on that day.

(F) The relevant exchange or any related futures or options exchange with respect to the Reference Asset or any successor fund
fails to open for trading during its regular trading session.
For purposes of determining whether a market disruption event has occurred:
"close of trading" means the scheduled closing time of the relevant exchange with respect to the Reference Asset or any

(1)
successor fund; and
the "scheduled closing time" of the relevant exchange or any related futures or options exchange on any trading day for the

(2)
Reference Asset or any successor fund means the scheduled weekday closing time of such relevant exchange or related
futures or options exchange on such trading day, without regard to after hours or any other trading outside the regular trading
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session hours.
P-5
Ant i-dilut ion Adjust m e nt s Re la t ing
The Calculation Agent will adjust the adjustment factor as specified below if any of the events specified below occurs with respect to
t o t he Re fe re nc e Asse t :
the Reference Asset and the effective date or ex-dividend date, as applicable, for such event is after the pricing date and on or prior
to the final calculation day.
The adjustments specified below do not cover all events that could affect the Reference Asset, and there may be other events that
could affect the Reference Asset for which the Calculation Agent will not make any such adjustments, including, without limitation, an
ordinary cash dividend. Nevertheless, the Calculation Agent may, in its sole discretion, make additional adjustments to any terms of
the securities upon the occurrence of other events that affect or could potentially affect the market price of, or shareholder rights in,
the Reference Asset, with a view to offsetting, to the extent practical, any such change, and preserving the relative investment risks of
the securities. In addition, the Calculation Agent may, in its sole discretion, make adjustments or a series of adjustments that differ
from those described herein if the Calculation Agent determines that such adjustments do not properly reflect the economic
consequences of the events specified in this pricing supplement or would not preserve the relative investment risks of the securities.
All determinations made by the Calculation Agent in making any adjustments to the terms of the securities, including adjustments that
are in addition to, or that differ from, those described in this pricing supplement, will be made in good faith and a commercially
reasonable manner, with the aim of ensuring an equitable result. In determining whether to make any adjustment to the terms of the
securities, the Calculation Agent may consider any adjustment made by the Options Clearing Corporation or any other equity
derivatives clearing organization on options contracts on the Reference Asset.
For any event described below, the Calculation Agent will not be required to adjust the adjustment factor unless the adjustment would
result in a change to the adjustment factor then in effect of at least 0.10%. The adjustment factor resulting from any adjustment will be
rounded up or down, as appropriate, to the nearest one-hundred thousandth.
Stock Splits and Reverse Stock Splits

(A)
If a stock split or reverse stock split has occurred, then once such split has become effective, the adjustment factor will be
adjusted to equal the product of the prior adjustment factor and the number of securities which a holder of one share (or other
applicable security) of the Reference Asset before the effective date of such stock split or reverse stock split would have
owned or been entitled to receive immediately following the applicable effective date.
Stock Dividends

(B)
If a dividend or distribution of shares (or other applicable securities) to which the securities are linked has been made by the
Reference Asset ratably to all holders of record of such shares (or other applicable security), then the adjustment factor will be
adjusted on the ex-dividend date to equal the prior adjustment factor plus the product of the prior adjustment factor and the
number of shares (or other applicable security) of the Reference Asset which a holder of one share (or other applicable
security) of the Reference Asset before the ex-dividend date would have owned or been entitled to receive immediately
following that date; provided, however, that no adjustment will be made for a distribution for which the number of securities of
the Reference Asset paid or distributed is based on a fixed cash equivalent value.
(C) Extraordinary Dividends

If an extraordinary dividend (as defined below) has occurred, then the adjustment factor will be adjusted on the ex-dividend
date to equal the product of the prior adjustment factor and a fraction, the numerator of which is the
P-6
closing price per share (or other applicable security) of the Reference Asset on the trading day preceding the ex-dividend date,
and the denominator of which is the amount by which the closing price per share (or other applicable security) of the Reference
Asset on the trading day preceding the ex-dividend date exceeds the extraordinary dividend amount (as defined below).
For purposes of determining whether an extraordinary dividend has occurred:
(1) "extraordinary dividend" means any cash dividend or distribution (or portion thereof) that the Calculation Agent determines,
in its sole discretion, is extraordinary or special; and
(2) "extraordinary dividend amount" with respect to an extraordinary dividend for the securities of the Reference Asset will
equal the amount per share (or other applicable security) of the Reference Asset of the applicable cash dividend or
distribution that is attributable to the extraordinary dividend, as determined by the Calculation Agent in its sole discretion.

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A distribution on the securities of the Reference Asset described below under the section entitled "--Reorganization Events"
below that also constitutes an extraordinary dividend will only cause an adjustment pursuant to that "--Reorganization Events"
section.
Other Distributions

(D)
If the Reference Asset declares or makes a distribution to all holders of the shares (or other applicable security) of the
Reference Asset of any non-cash assets, excluding dividends or distributions described under the section entitled "--Stock
Dividends" above, then the Calculation Agent may, in its sole discretion, make such adjustment (if any) to the adjustment factor
as it deems appropriate in the circumstances. If the Calculation Agent determines to make an adjustment pursuant to this
paragraph, it will do so with a view to offsetting, to the extent practical, any change in the economic position of a holder of the
securities that results solely from the applicable event.
Reorganization Events

(E)
If the Reference Asset, or any successor fund, is subject to a merger, combination, consolidation or statutory exchange of
securities with another exchange traded fund, and the Reference Asset is not the surviving entity (a "reorganization event"),
then, on or after the date of such event, the Calculation Agent shall, in its sole discretion, make an adjustment to the adjustment
factor or the method of determining the payment at maturity, whether the securities are automatically called on any of the call
dates or any other terms of the securities as the Calculation Agent determines appropriate to account for the economic effect on
the securities of such event, and determine the effective date of that adjustment. If the Calculation Agent determines that no
adjustment that it could make will produce a commercially reasonable result, then the Calculation Agent may deem such event a
liquidation event (as defined below).
P-7
Liquida t ion Eve nt s:
If the Reference Asset is de-listed, liquidated or otherwise terminated (a "liquidation event"), and a successor or substitute exchange
traded fund exists that the Calculation Agent determines, in its sole discretion, to be comparable to the Reference Asset, then, upon
the Calculation Agent's notification of that determination to the trustee and Wells Fargo, any subsequent Fund Closing Price for the
Reference Asset will be determined by reference to the Fund Closing Price of such successor or substitute exchange traded fund
(such exchange traded fund being referred to herein as a "successor fund"), with such adjustments as the Calculation Agent
determines are appropriate to account for the economic effect of such substitution on holders of the securities.
If the Reference Asset undergoes a liquidation event prior to, and such liquidation event is continuing on, the date that any Fund
Closing Price of the Reference Asset is to be determined and the Calculation Agent determines that no successor fund is available at
such time, then the Calculation Agent will, in its discretion, calculate the Fund Closing Price for the Reference Asset on such date by
a computation methodology that the Calculation Agent determines will as closely as reasonably possible replicate the Reference
Asset, provided that if the Calculation Agent determines in its discretion that it is not practicable to replicate the Reference Asset
(including but not limited to the instance in which the underlying index sponsor discontinues publication of the underlying index), then
the Calculation Agent will calculate the Fund Closing Price for the Reference Asset in accordance with the formula last used to
calculate such Fund Closing Price before such liquidation event, but using only those securities that were held by the Reference Asset
immediately prior to such liquidation event without any rebalancing or substitution of such securities following such liquidation event.
If a successor fund is selected or the Calculation Agent calculates the Fund Closing Price as a substitute for the Reference Asset,
such successor fund or Fund Closing Price will be used as a substitute for the Reference Asset for all purposes, including for
purposes of determining whether a market disruption event exists. Notwithstanding these alternative arrangements, a liquidation event
with respect to the Reference Asset may adversely affect the value of the securities.
If any event is both a reorganization event and a liquidation event, such event will be treated as a reorganization event for purposes of
the securities unless the Calculation Agent makes the determination referenced in the last sentence of the section entitled "--Anti-
dilution Adjustments--Reorganization Events" above.


Alt e rna t e Ca lc ula t ion:
If at any time the method of calculating the Reference Asset or a successor fund, or the underlying index, is changed in a material
respect, or if the Reference Asset or a successor fund is in any other way modified so that the Reference Asset does not, in the
opinion of the Calculation Agent, fairly represent the price of the securities of the Reference Asset or such successor fund had such
changes or modifications not been made, then the Calculation Agent may, at the close of business in New York City on the date that
any Fund Closing Price is to be determined, make such calculations and adjustments as, in the good faith judgment of the Calculation
Agent, may be necessary in order to arrive at a closing price of the Reference Asset comparable to the Reference Asset or such
successor fund, as the case may be, as if such changes or modifications had not been made, and calculate the Fund Closing Price
and the payment at maturity and determine whether the securities are automatically called on any call date with reference to such
adjusted closing price of the Reference Asset or such successor fund, as applicable.
Re le va nt Ex c ha nge :
The "relevant exchange" for the Reference Asset means the primary exchange or quotation system on which shares (or other
applicable securities) of the Reference Asset are traded, as determined by the Calculation Agent.


P-8
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Re la t e d
Fut ure s or Opt ionsThe "related futures or options exchange" for the Reference Asset means each exchange or quotation system where trading has a
Ex c ha nge :
material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the Reference
Asset.


Post pone m e nt of a Ca lc ula t ion Da y: The Call Dates (including the Final Calculation Day) are each referred to as a "calculation day" for purposes of postponement. If any
calculation day is not a Trading Day, such calculation day will be postponed to the next succeeding Trading Day.
If a market disruption event occurs or is continuing on any calculation day, then such calculation day will be postponed to the first
succeeding Trading Day on which a market disruption event has not occurred and is not continuing. If a market disruption event
occurs or is continuing on each Trading Day to and including the eighth Trading Day following the originally scheduled calculation
day, then that eighth Trading Day will be deemed to be the applicable calculation day. If a calculation day has been postponed eight
Trading Days after the originally scheduled calculation day, then the Calculation Agent will determine the closing price of the Fund on
such eighth trading day based on its good faith estimate of the value of the shares (or other applicable securities) of the Fund as of
the close of trading on such eighth trading day.
Notwithstanding anything to the contrary in the accompanying product prospectus supplement, the Call Dates (including the Final
Calculation Day) (each referred to in this section as a "calculation day") will be postponed as set forth herein.
Form of Se c urit ie s:
Book-entry

Ca lc ula t ion Age nt :
Scotia Capital Inc., an affiliate of the Bank


U nde rw rit e rs:
Scotia Capital (USA) Inc. and Wells Fargo Securities, LLC.
St a t us:
The Securities will constitute direct, senior, unsubordinated and unsecured obligations of the Bank ranking pari passu with all other
direct, senior, unsecured and unsubordinated indebtedness of the Bank from time to time outstanding (except as otherwise prescribed
by law). Holders will not have the benefit of any insurance under the provisions of the CDIC Act, the U.S. Federal Deposit Insurance
Act or under any other deposit insurance regime.
T a x Re de m pt ion:
The Bank (or its successor) may redeem the Securities, in whole but not in part, at a redemption price determined by the Calculation
Agent in a manner reasonably calculated to preserve your and our relative economic position, if it is determined that changes in tax
laws or their interpretation will result in the Bank (or its successor) becoming obligated to pay additional amounts with respect to the
Securities. See "Tax Redemption" in the accompanying product prospectus supplement.
List ing:
The Securities will not be listed on any securities exchange or automated quotation system.
U se of Proc e e ds:
General corporate purposes
Cle a ra nc e a nd Se t t le m e nt :
The Depository Trust Company
Busine ss Da y:
New York and Toronto
Ca na dia n Ba il-in:
The Securities are not bail-inable debt securities under the CDIC Act.
I nve st ing in t he Se c urit ie s involve s signific a nt risk s. Y ou m a y lose up t o 9 0 .0 0 % of your princ ipa l a m ount . T he dow nside m a rk e t e x posure t o t he
Re fe re nc e Asse t is buffe re d only a t m a t urit y. Any pa ym e nt on t he Se c urit ie s, inc luding a ny re pa ym e nt of princ ipa l, is subje c t t o t he
c re dit w ort hine ss of t he Ba nk . I f t he Ba nk w e re t o de fa ult on it s pa ym e nt obliga t ions you m a y not re c e ive a ny a m ount s ow e d t o you unde r t he
Se c urit ie s a nd you c ould lose your e nt ire inve st m e nt .

P-9
ADDI T I ON AL T ERM S OF T H E SECU RI T I ES

You should read this pricing supplement together with the accompanying prospectus dated December 26, 2018, as supplemented by the accompanying prospectus supplement
dated December 26, 2018 and the product prospectus supplement (Equity Securities Linked Notes and Exchange Traded Fund Linked Notes, Series A) dated December 26, 2018,
relating to our Senior Note Program, Series A, of which these Securities are a part. Certain terms used but not defined in this pricing supplement will have the meanings given to
them in the accompanying product prospectus supplement. In the event of any conflict, this pricing supplement will control. The Securities may vary from the terms described
in the accompanying prospectus, prospectus supplement, and product prospectus supplement in several important ways. You should read this pricing supplement,
including the documents incorporated herein, carefully.
This pricing supplement, together with the documents listed below, contains the terms of the Securities and supersedes all prior or contemporaneous oral statements as well as
any other written materials including preliminary or indicative pricing terms, correspondence, trade ideas, structures for implementation, sample structures, brochures or other
educational materials of ours. You should carefully consider, among other things, the matters set forth in "Additional Risk Factors Specific to the Notes" in the accompanying
product prospectus supplement, as the Securities involve risks not associated with conventional debt securities. We urge you to consult your investment, legal, tax, accounting and
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Submission Documents
other advisors before you invest in the Securities. You may access these documents on the SEC website at www.sec.gov as follows (or if that address has changed, by reviewing
our filings for the relevant date on the SEC website at http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000009631):
Prospectus dated December 26, 2018:
http://www.sec.gov/Archives/edgar/data/9631/000119312518357537/d677731d424b3.htm
Prospectus Supplement dated December 26, 2018:
http://www.sec.gov/Archives/edgar/data/9631/000091412118002473/bn50676984-424b3.htm
Product Prospectus Supplement (Equity Securities Linked Notes and Exchange Traded Fund Linked Notes, Series A), dated December 26, 2018:
http://www.sec.gov/Archives/edgar/data/9631/000091412118002481/bn50678220-424b2.htm
T he Ba nk of N ova Sc ot ia ha s file d a re gist ra t ion st a t e m e nt (inc luding a prospe c t us, a prospe c t us supple m e nt , a nd a produc t prospe c t us
supple m e nt ) w it h t he SEC for t he offe ring t o w hic h t his pric ing supple m e nt re la t e s. Be fore you inve st , you should re a d t hose doc um e nt s a nd t he
ot he r doc um e nt s re la t ing t o t his offe ring t ha t w e ha ve file d w it h t he SEC for m ore c om ple t e inform a t ion a bout us a nd t his offe ring. Y ou m a y obt a in
t he se doc um e nt s w it hout c ost by visit ing EDGAR on t he SEC We bsit e a t w w w .se c .gov. Alt e rna t ive ly, T he Ba nk of N ova Sc ot ia , a ny a ge nt or a ny
de a le r pa rt ic ipa t ing in t his offe ring w ill a rra nge t o se nd you t he a c c om pa nying prospe c t us, t he prospe c t us supple m e nt a nd t he produc t prospe c t us
supple m e nt if you so re que st by c a lling 1 -4 1 6 -8 6 6 -3 6 7 2 .
P-10

I N V EST OR SU I T ABI LI T Y

The Securities may be suitable for you if:
?
You fully understand the risks inherent in an investment in the Securities, including the risk of losing most of your initial investment.
?
You can tolerate a loss of up to 90.00% of your initial investment.
?
You believe that the Fund Closing Price of the Reference Asset will be greater than or equal to the Starting Price on one of the three Call Dates.
?
You seek the potential for a fixed return if the Reference Asset has appreciated at all as of any of the three Call Dates in lieu of full participation in any potential
appreciation of the Reference Asset.
?
You understand that if the Fund Closing Price of the Reference Asset is less than the Starting Price on each of the three Call Dates (including the Final Calculation Day),
you will not receive any positive return on your investment in the Securities, and that if the Fund Closing Price of the Reference Asset on the Final Calculation Day (i.e.,
the Ending Price) is less than the Starting Price by more than 10.00%, you will receive less, and possibly 90.00% less, than the Principal Amount at maturity.
?
You can tolerate fluctuations in the price of the Securities prior to maturity that may be similar to or exceed the downside fluctuations in the price of the Reference Asset.
?
You do not seek current income from your investment and are willing to forgo dividends paid on the shares of the Reference Asset.
?
You understand that the term of the Securities may be as short as approximately 12 months and that you will not receive a higher Call Premium payable with respect to a
later Call Date if the Securities are called on an earlier Call Date.
?
You are willing to hold the Securities to maturity, a term of approximately 36 months, and accept that there may be little or no secondary market for the Securities.
?
You are willing to accept the risk of exposure to companies involved in the mining of gold or silver.
?
You are willing to assume the credit risk of the Bank for all payments under the Securities, and understand that if the Bank defaults on its obligations you may not receive
any amounts due to you, including any repayment of principal.
The Securities may not be suitable for you if:
?
You do not fully understand the risks inherent in an investment in the Securities, including the risk of losing most of your initial investment.
?
You seek a security with a fixed term.
?
You require an investment designed to guarantee a full return of principal at maturity.
?
You cannot tolerate a loss of up to 90.00% of your initial investment.
?
You are unwilling to accept the risk that, if the Fund Closing Price of the Reference Asset is less than the Starting Price on each of the three Call Dates (including the
Final Calculation Day), you will not receive any positive return on your investment in the Securities.
?
You are unwilling to purchase Securities with an estimated value as of the Pricing Date that is lower than the Principal Amount.
?
You cannot tolerate fluctuations in the price of the Securities prior to maturity that may be similar to or exceed the downside fluctuations in the price of the Reference
Asset.
?
You seek current income from your investment or prefer to receive dividends paid on the shares of the Reference Asset.
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?
You are unwilling to hold the Securities to maturity, a term of approximately 36 months, or you seek an investment for which there will be a secondary market.
P-11
?
You are not willing to assume the credit risk of the Bank for all payments under the Securities.
?
You seek exposure to the upside performance of the Reference Asset beyond the applicable Call Premiums.

?
You are not willing to accept the risk of exposure to companies involved in the mining of gold or silver.
?
You prefer the lower risk of fixed income investments with comparable maturities issued by companies with comparable credit ratings.
T he inve st or suit a bilit y c onside ra t ions ide nt ifie d a bove a re not e x ha ust ive . Whe t he r or not t he Se c urit ie s a re a suit a ble inve st m e nt for you w ill
de pe nd on your individua l c irc um st a nc e s a nd you should re a c h a n inve st m e nt de c ision only a ft e r you a nd your inve st m e nt , le ga l, t a x , a c c ount ing
a nd ot he r a dvisors ha ve c a re fully c onside re d t he suit a bilit y of a n inve st m e nt in t he Se c urit ie s in light of your pa rt ic ula r c irc um st a nc e s. Y ou should
a lso re vie w "Addit iona l Risk s" of t his pric ing supple m e nt a nd t he "Addit iona l Risk Fa c t ors Spe c ific t o t he N ot e s" of t he a c c om pa nying produc t
prospe c t us supple m e nt for risk s re la t e d t o a n inve st m e nt in t he Se c urit ie s.
P-12
H Y POT H ET I CAL PAY OU T PROFI LE

The following graph illustrates the potential payment on the Securities for a range of hypothetical percentage changes in the Fund Closing Price of the Reference Asset from the
Pricing Date to the applicable Call Date (including the Final Calculation Day). The profile is based on the Call Premium of 11.30% for the first Call Date, 22.60% for the second
Call Date and 33.90% for the final Call Date and the Threshold Price, which is equal to 90.00% of the Starting Price. This profile has been prepared for purposes of illustration
only. Your actual return will depend on (i) whether the Securities are automatically called; (ii) if the Securities are automatically called, the actual Call Date on which the Securities
are called; (iii) if the Securities are not automatically called, the actual Ending Price of the Reference Asset; and (iv) whether you hold your Securities to maturity or earlier
automatic call.
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H Y POT H ET I CAL RET U RN S

H ypot he t ic a l Re t urns if t he Se c urit ie s a re Ca lle d
I f t he Se c urit ie s a re a ut om a t ic a lly c a lle d:
Assuming that the Securities are automatically called, the following table illustrates, for each hypothetical Call Date on which the Securities are automatically called:
·
the payment per Security on the related Call Settlement Date; and
·
the pre-tax total rate of return.
H ypot he t ic a l Ca ll Da t e on
w hic h Se c urit ie s a re
Pa ym e nt pe r Se c urit y on
a ut om a t ic a lly c a lle d
re la t e d Ca ll Se t t le m e nt Da t e
Pre -t a x t ot a l ra t e of re t urn
1st Call Date
$1,113.00
11.30%
2nd Call Date
$1,226.00
22.60%
3rd Call Date
$1,339.00
33.90%
I f t he Se c urit ie s a re not a ut om a t ic a lly c a lle d:
Assuming that the Securities are not automatically called, the following table illustrates, for a range of hypothetical Ending Prices of the Reference Asset:
·
the hypothetical percentage change from the hypothetical Starting Price to the hypothetical Ending Price, assuming a hypothetical Starting Price of $100.00;
·
the hypothetical Redemption Amount at Maturity per Security; and
·
the hypothetical pre-tax total rate of return.




H ypot he t ic a l pe rc e nt a ge
c ha nge from t he hypot he t ic a l
H ypot he t ic a l
St a rt ing Pric e t o t he hypot he t ic a l
H ypot he t ic a l Re de m pt ion Am ount
H ypot he t ic a l pre -t a x t ot a l ra t e of
Ending Pric e
Ending Pric e
a t M a t urit y pe r Se c urit y
re t urn
$95.00
-5.00%
$1,000.00
0.00%
$90.00
-10.00%
$1,000.00
0.00%
$85.00
-15.00%
$950.00
-5.00%
$75.00
-25.00%
$850.00
-15.00%
$50.00
-50.00%
$600.00
-40.00%
$25.00
-75.00%
$350.00
-65.00%
$0.00
-100.00%
$100.00
-90.00%
The above figures are for purposes of illustration only and may have been rounded for ease of analysis. The actual amount you will receive upon an automatic call or at maturity
and the resulting pre-tax rate of return will depend on (i) whether the Securities are automatically called; (ii) if the Securities are automatically called, the actual Call Date on which
the Securities are called; (iii) if the Securities are not automatically called, the actual Ending Price of the Reference Asset; and (iv) whether you hold your Securities to maturity or
earlier automatic call.
P-14
H Y POT H ET I CAL PAY M EN T S AT M AT U RI T Y ON T H E SECU RI T I ES

If the Fund Closing Price of the Reference Asset is less than the Starting Price on each of the first two Call Dates, the Securities will not be automatically called prior to the Final
Calculation Day, and you will receive a Redemption Amount at Maturity that will be greater than, equal to or less than the Principal Amount per Security, depending on the Ending
Price (i.e., the Fund Closing Price of the Reference Asset on the Final Calculation Day). The examples set out below are included for illustration purposes only and are used to
illustrate the calculation of the Redemption Amount at Maturity (rounded to two decimal places). These examples are not estimates or forecasts of the Starting Price, the Ending
Price or the Fund Closing Price of the Reference Asset on any Call Date, on the Final Calculation Day or on any Trading Day prior to the Maturity Date. All examples assume that
a holder purchased Securities with a Principal Amount of $1,000.00, a Threshold Percentage of 10.00% (the Threshold Price is 90.00% of the Starting Price), a Call Premium
applicable to the Final Calculation Day of 33.90%, the Securities have not been automatically called on either of the first two Call Dates and that no market disruption event occurs
on the Final Calculation Day. Amounts below may have been rounded for ease of analysis.
Ex a m ple 1 . Ending Pric e is gre a t e r t ha n t he St a rt ing Pric e , t he Se c urit ie s a re a ut om a t ic a lly c a lle d on t he Fina l Ca lc ula t ion Da y a nd t he
Re de m pt ion Am ount a t M a t urit y is e qua l t o t he Princ ipa l Am ount plus t he a pplic a ble Ca ll Pre m ium :
Hypothetical Starting Price: $100.00
Hypothetical Ending Price: $150.00
Because the hypothetical Ending Price is greater than the hypothetical Starting Price, the Securities are automatically called on the Final Calculation Day and you will receive
the Principal Amount of your Securities plus a Call Premium of 33.90% of the Principal Amount per Security. Even though the Reference Asset appreciated by 50.00% from its
Starting Price to its Ending Price in this example, your return is limited to the Call Premium of 33.90% that is applicable to the Final Calculation Day.
On the Maturity Date, you would receive $1,339.00 per Security.
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