The AXA Express 2 certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 15% per year if the price of the AXA share quotes at or above the starting value at one of the annual valuation dates. In case the share price quotes below the starting value, the term will be extended by another year - up to a maximum of 5 years. If the barrier is violated at the end of the term, the investor is entirely subject to market risk.

This certificates complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").