Mariana Triple Index Semi-Annual Defensive Kick Out Plan – March 2021

Mariana Triple Index Semi-Annual Defensive Kick Out Plan – March 2021

This is a seven year, one week Plan based on the performance of the FTSE™ 100 Index, S&P 500® Index and Euro Stoxx 50® Index, the Underlying Assets. The Mariana Triple Plan (the Plan) is constructed to offer a Potential Return of 3.25% for each six month period the Plan runs (6.5% p.a.) with the possibility of early maturity and the full repayment of Initial Capital after 18 months and semi-annually thereafter. The Potential Return is only payable if the Plan kicks out.

Should the Closing Price of all the Underlying Assets on an Observation Date be at or above the Kick Out Trigger Level, the Plan will mature early, repaying your Initial Capital plus the Potential Return multiplied by the number of six month periods the Plan has run.

The Kick Out observations begin after 18 months and continue on an semi-annual basis until the Plan’s Maturity Date (from 06 September 2022 to 03 March 2028)
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If the Plan has not already kicked out, Initial Capital will be repaid in full at the end of the Plan’s term if on the Maturity Date (03 March 2028) the Closing Price of the worst performing Underlying Asset is not more than 35% below the Start Level.

If on the Maturity Date the Closing Price of the worst performing Underlying Asset is less than 65% of the Start Level (representing a decline of more than 35% from the Start Level), your Initial Capital will be lost at a rate of 1% for every 1% the Closing Price of the worst performing Underlying Asset is below the Start Level.