Siemens AG/CapBonus/300/Call/SOC

This Capped Bonus Certificate is linked to Siemens AG, the underlying instrument, and has a term ending on December 28, 2026. The product features a protection level of EUR 190.00 and a cap of EUR 300.00. The investor participates in the performance of the underlying, taking the multiplier of 1.00 into account. The redemption amount, however, is limited to a maximum of EUR 300.00 (cap times the multiplier). If the underlying never trades at or below the protection level during the observation period from November 05, 2025 to December 18, 2026, at least the bonus amount of EUR 300.00 and at most the maximum amount (in cash) will be redeemed upon maturity. In any other case, redemption will be made in the form of units in the underlying or a reference asset.