The 7.5% Technology Protect Reverse Convertible Bond is redeemed at 100% nominal value at the maturity date (November 2021), provided that, during the observation period, the closing price of each of the three underlying shares (Infineon Technologies AG, Koninklijke Philips N.V. and SAP SE) always quoted above the barrier of 59% of the strike (daily observation). The interest amount of 7.5% is paid out annually, regardless of the performance of the underlying shares.In case the barrier is touched or undercut by at least one of the underlying shares and at least one of the underlying shares quotes below its strike at the final valuation date, the predefined amount of the worst performing share will be delivered. If all three underlying shares quote at or above their strike at the final valuation date, the product is redeemed at 100% nominal value despite a barrier event.

The barrier has been touched by Infineon AG on March 18, 2020

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