The certificate MSCI Emerging Markets Sustainability Express offers an annual opportunity for early redemption, enabling investors to obtain a yield of 9% per year if the MSCI® Emerging Markets Top ESG Select 5% Decrement Index quotes at or above its starting value at one of the valuation dates. If the index quotes below the starting value, the term extends by another year - up to a maximum of five years. In the event of a barrier violation at the final valuation date, the investor is entirely subject to market risk and the redemption is 1:1 according to the index performance.Details on the index can be found on the website of the index provider MSCI by selecting the respective index in the dropdown menu.

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