Buffer Note Linked to MSCI EAFE (RBMCF) — Capped Return, 87.50% Threshold

Royal Bank of Canada is offering MSCI EAFE-linked buffer notes (RBMCF) with a principal amount of $1,000, presenting a capped upside return and buffered downside protection. If the MSCI EAFE Index’s final level is at or above 87.50% of its initial level, investors receive a capped threshold settlement amount of $1,133.00 to $1,156.40 per note, while a final level below this threshold leads to proportional losses, potentially including the entire investment. The notes have an expected term of 20 to 23 months and come with specific tax considerations as prepaid financial contracts.