The 8.3% US-Technology Plus Reverse Convertible Bond is redeemed at 100% of the nominal value at the maturity date (October 2025), provided that the closing price of each of the two underlying shares (Alphabet, Amazon & Microsoft) quotes above the barrier of 60% of the respective strike at the end of the term (observation only at the final valuation date). The interest amount of 8.3% is paid out, regardless of the performance of the underlying shares.

In case at least one of the underlying shares quotes below its barrier (60%) at the final valuation date, the predefined amount of the worst performing share will be delivered.