Multi/Aktienanleihe/16,5%/Call/VONT

This Multi-Protect Reverse Convertible Bond is linked to Deutsche Bank AG, Commerzbank AG, Deutsche Börse AG which serve as the underlying securities, and has a term ending on September 24, 2027. The product has a coupon of 16.50% per annum and a nominal value of EUR 2,000. At the end of the term, the performance of the underlyings determines the redemption amount. If all underlyings are always quoted above the respective protection level during the observation period from June 30, 2026 until September 17, 2027, or if all underlyings are quoted at or above the respective strike price on the valuation date, the nominal value will be redeemed. If at least one underlying trades below its strike price, delivery of units in the underlying with the weakest price performance will be made. The number of units will be determined by the multiplier, while fractions are usually settled with a cash payment.