This certificate provides the opportunity for early redemption each year and enables investors to obtain a yield of 10% per year if the price of the Pfizer share quotes on one of the annual valuation days at or above the termination level. In case the share price quotes below the respective termination level, 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 certificate complies with the sustainability standard for Raiffeisen Certificates and takes into account important adverse impacts on sustainability factors ("PAIs").