18-months Bonus Note on Oracle, Advanced Micro Devices and Adobe in USD

• The performance of this product is linked to the worst performing underlying of Oracle, Advanced Micro Devices &
  Adobe
• Protection: If the worst performing underlying, defined as final level divided by initial level, is at or below 75% of its
  initial level at maturity, then the capital returned to the investor will be equal to the performance of the worst
  performing underlying.
• Bonus: If the worst performing underlying never falls at or below 75% during the product life and is above 169.49%
  at maturity, investors receive the greater of the worst performing underlying performance or 69.49%. Otherwise,
  investors receive the performance of the worst performing underlying.
• Settlement: The investor will receive the redemption value as a cash settlement

Oracle, Advanced Micro Devices and Adobe

tbd. Single A rated in minimum.

Several US technology companies experienced significant price corrections in 2026. The increased options volatility allows for attractive bonus conditions to quickly offset losses incurred.

US Technology Recovery – Opportunities After the Correction:

An 18-month USD investment solution focused on selected Nasdaq-listed technology companies. The structure allows for an attractive bonus payment if share prices move sideways, rise, or fall moderately, provided that none of the underlying assets is trading below 75% of its initial level on the final valuation date. If this threshold is breached, the investor bears the corresponding loss of the weakest underlying asset.

• 75% protection barrier, observed at maturity only.
• Bonus return of 69.49% if barrier not breached.