Capped Outperformance

At maturity, the investor receives the positive performance of the underlying up to the cap level multiplied by the leverage. Capital is not protected in the event of a decline in the underlying.

Product	ISIN	Underlying(s)	Currency	Maturity
Capped Outperformance Bitcoin,Ethereum	XS3280159438	iShares Ethereum Trust ETF, iShares Bitcoin Trust ETF	USD	18/02/2028
4M Put Spread on S&P500 in USD	NLBNPLU26705	S&P 500	USD	16/11/2026

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