National Bank of Canada

Publication of Prospectus

The following prospectus constitutes admission particulars for purposes of the International Securities Market Rulebook and is available for viewing:

Base Prospectus dated 18 June 2025 relating to the National Bank of Canada's European Issuance and Offering Programme for the Issuance of Structured Securities (the "Base Prospectus").

To view the full document, please paste the following URL into the address bar of your browser.

http://www.rns-pdf.londonstockexchange.com/rns/7865N_1-2025-6-20.pdf

DISCLAIMER - INTENDED ADDRESSEES

Please note that the information contained in the Base Prospectus may be addressed to and/or targeted at persons who are residents of particular countries (specified in the Base Prospectus) only and is not intended for use and should not be relied upon by any person outside these countries and/or to whom the offer contained in the Base Prospectus is not addressed. Prior to relying on the information contained in the Base Prospectus you must ascertain from the Base Prospectus whether or not you are part of the intended addressees of the information contained therein.

Your right to access this service is conditional upon complying with the above requirement. 

For further information, please contact

Louis Arcand

Managing Director, Specialized Transactions and Products, Legal

National Bank of Canada

Telephone: + 1 (514) 390 7940

Email: [email protected]