Investment Return: 9.10% return on investment for each year the Plan runs (paid gross), only payable if the Plan Kicks-Out.

Kick Out Barrier: The Plan will Kick-Out if the respective Closing Level of the Underlying Asset, on any Observation Date, is at or above 105% of its respective Opening Level. In this event an investor will receive their Initial Capital back, plus a Potential Investment Return of 9.10% for each year that the Plan has been in existence. The first Observation Date on which an early maturity could be triggered will be 16th May 2022, one year after the Strike Date.

Capital Return: 65% of the Opening Level (observed on the Final Observation Date of the Plan only). If on the Final Observation Date the Closing Level of the Underlying Asset is less than 65% of its Opening Level (representing a decline of more than 35% from the Opening Level), your Initial Capital will be lost at a rate of 1% for every 1% that the Final Level of the Underlying Asset is below its Opening Level.

Investment Return: 6.00% return on investment for each year the Plan runs (paid gross), only payable if the Plan Kicks-Out.

Kick-Out Barrier:  The Plan will Kick-Out if the respective Closing Level of the Underlying Asset, on any Observation Date from end of Year 2, is at or above the reducing Kick Out Level. In this event an investor will receive their Initial Capital back, plus a Potential Investment Return of 6.00% for each year that the Plan has been in existence. The first Observation Date on which an early maturity could be triggered will be 15 May 2023 two years after the Start Date.

Capital Protection Barrier: 65% of the Opening Level (observed on the Final Observation Date of the Plan only). If on the Final Observation Date the Closing Level of the Underlying Asset is less than 65% of its Opening Level (representing a decline of more than 35% from the Opening Level), your Initial Capital will be lost at a rate of 1% for every 1% that the Final Level of the Underlying Asset is below its Opening Level.