BNS Capital Trust — Investor Relations & Filings

BNS Capital Trust is a closed-end trust and special purpose vehicle (SPV) operating as an affiliate and subsidiary of The Bank of Nova Scotia. The Trust's fundamental business objective is to provide a cost-effective means of raising regulatory capital for its affiliated financial institution. To achieve this, BNS Capital Trust acquires and holds specific assets, primarily sourced from the Bank or its affiliates. The Trust issues capital instruments, such as trust units or bonds, to investors, thereby facilitating the enhancement of the parent bank's capital structure. The Trust is managed by a designated trustee and custodian, ensuring compliance and the proper administration of the issued securities.