In the Hydra base control room, Peggy Carter sits at the radio console, tears streaming down her face as she stares at the silent receiver. “Steve?” she whispers, her voice breaking. Colonel Phillips, his expression heavy, turns and walks away.

The scene dissolves to the Arctic Sea at sunset, where the massive Valkyrie sinks beneath the ice, its dark form swallowed by the frozen expanse.

The view shifts to V-E Day in London’s Trafalgar Square. Spitfires and Hurricanes roar overhead, their wings glinting in the sunlight. Below, men and women embrace in a jubilant crowd, triumphant music swelling as the war in Europe ends in victory.