The 10% Coinbase/Block Plus Reverse Convertible Bond is redeemed at 100% of the nominal value at the maturity date (February 2024), provided that the closing price of each of the two underlying shares (Global Inc. and Block Inc.) quotes above the barrier of 59% of the respective strike at the end of the term (observation only at the final valuation date). The interest amount of 10% is paid out, regardless of the performance of the underlying shares.

In case at least one of the underlying shares quotes below its barrier (59%) at the final valuation date, the predefined amount of the worst performing share will be delivered.