INVESTMENT DESCRIPTION
CURRENCY GBP
STRIKE DATE 17/02/2026
ISIN XS3242404039
COUNTERPARTY Santander
TYPE Note
RETURN & BARRIERS
Maximum Term: 3 years
Investment Structure: Reducing Autocall
Autocall Opportunities: Annual (First Observation at 12 months)
Autocall Trigger: 100% of initial level (Reducing to 75% then 50%)
Coupon Rate: GBP: 22.85% p.a.
Capital Risk: Not capital protected
Capital Protection Barrier: 50% of its initial level (European style)
MATURITY DATE
17/02/2027
FINAL MATURITY DATE
26/02/2029
