The Oil & Gas Index Express 5 certificate has a predefined maximum term until April 2024 (5 years) and provides the possibility for a yield of 9.2% to 46.0%. The certificate is redeemed at the predefined termination price prior to the maturity date if the closing price of the underlying index STOXX® Europe 600 Oil & Gas quotes at or above the termination level at the maturity date.

If the index price quotes below the termination level the term extends to the next valuation date and the possible yield increases by 9.2% of the nominal value. At the end of term the barrier of 60% of the index starting value represents an additional safety buffer. If the index quotes below the barrier at the final valuation date the certificate is redeemed according to the performance of the underlying index.