| Strike Date: | 16/01/2026 |
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| Next Observation Date: | 16/07/2026 |
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| Final Observation Date: | 16/01/2029 |
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| Returns and Barriers: | |
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Maximum Term: 3 Years Investment Structure: Issuer Callable Growth Participation Note Participation Rate: 100% times growth above the initial level Callable Observations: Quarterly (First Observation at 6 months) Callable Coupon Rate: USD: 4.25% Quarterly Capital Protection Barrier: 100% Capital Protected |
| | | ISIN: | XS2851754700 |
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| Currency: | USD |
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| Current Price: | 92.19% (as at 10/04/2026 10:32 UK Time) |
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| Coupons Paid to Date: | 0.0000% |
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| Underlying | Strike Level | Last COB Level | Increase/ Decrease |
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| SPDR Gold Shares | 421.29 | 437.91 | 3.95% | | Ishares Silver Trust | 81.02 | 68.39 | -15.59% |
| | Source: Bloomberg |
|