Note
As of June 12, 2025 : National Bank of Canada (the "Bank") wishes to inform holders of NBC Extendible Step-Up Flex GIC, Series 40, Advisors Category (Fundserv Code: NBC28204) (the "market-linked GIC") that the market-linked GIC will not be extended by the Bank on July 6, 2025 and that accordingly, such date will be the Maturity Date, as described under the terms and conditions of such market-linked GIC. Holders will receive the repayment of the principal invested on the Issue Date and an Interest Payment at a rate of 2.55% (equivalent to an annual rate of 5.10%). Capital terms used but not defined herein have the meaning ascribed thereto in the market-linked GIC Information Statement dated June 22, 2022.