Heidelberg Materials AG/Call/UBS

This Express Certificate is linked to Heidelberg Materials AG, the underlying instrument, and has a term ending on May 15, 2029. During the term, the investor receives a fixed coupon. On predetermined dates, the price of the underlying will be compared with the respective termination level. If the price of the underlying is quoted at or above the termination level, the certificate will mature early, and will be redeemed at the nominal amount. If the certificate does not mature early during the term, the price of the underlying on the valuation date determines redemption. If the barrier of EUR 91.90 has not been breached during the observation period/on the observation date, the nominal amount will be redeemed. In any other case, depending on the settlement type, either delivery of units in the underlying or a cash payment (as determined by the multiplier of 5.4406964) will be made. Further product characteristics can be found in the final terms of the product.