Deutsche Telekom AG/CapBonus/30/Call/SOC

This Capped Bonus Certificate is linked to Deutsche Telekom AG, the underlying instrument, and has a term ending on September 25, 2026. The product features a protection level of EUR 24.50 and a cap of EUR 30.00. 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 30.00 (cap times the multiplier). If the underlying never trades at or below the protection level during the observation period from January 02, 2026 to September 18, 2026, at least the bonus amount of EUR 30.00 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.