The MSCI World Climate Change Express certificate provides the opportunity for early redemption each year and enables investors to obtain a profit of 11% per year if the price of the MSCI® World Climate Change Top ESG Select 4.5% Decrement index quotes at or above the termination level. In case the index 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 and redemption is affected according to index performance (percentage performance from the starting value to the finale value).