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UBSClassicEURActive

DE000UL6EMM9 · UBS

10.00% p.a. Worst-of Express Certificate with Memory Coupon on Intesa Sanpaolo S.p.A., Enel S.p.A., Volkswagen AG VZ and AZIMUT HOLDING SPA

Azimut / Intesa Sanpaolo / Enel / Volkswagen

Coupon per period2.5%Quarterly
Capital barrier100%At maturity
ObservationSep 21, 2026Coupon observations
MaturityJun 26, 2028Payment

How to read this structure

On the coupon observation dates, the conditional payment requires every underlying to be at or above the published coupon barrier (0% of its initial level).

The next published autocall level is 85% of the initial levels. Automatic redemption depends on every underlying being at or above its applicable level on the observation date. Later levels and dates are listed in the calendar.

These conditions do not describe every feature of the final repayment. The official documents define the complete payoff, costs, issuer risk, and any exceptions.

Underlyings and levels

UnderlyingStrikeCapital barrierCoupon barrierAutocall
AzimutAZMT · EUR12.88612.886100%00%10.953185%
Intesa SanpaoloISP · EUR1.55641.5564100%00%1.322985%
EnelENEL · EUR3.9643.964100%00%3.369485%
VolkswagenVOW3 · EUR83.1983.19100%00%70.711585%

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Observation calendars

Coupon observations · 20
ObservationLevel (% of strike)Payment
Sep 19, 2023Not availableSep 26, 2023
Dec 19, 2023Not availableDec 28, 2023
Mar 19, 2024Not availableMar 26, 2024
Jun 19, 2024Not availableJun 26, 2024
Sep 19, 2024Not availableSep 26, 2024
Dec 19, 2024Not availableDec 30, 2024
Mar 19, 2025Not availableMar 26, 2025
Jun 19, 2025Not availableJun 26, 2025
Sep 19, 2025Not availableSep 26, 2025
Dec 19, 2025Not availableDec 30, 2025
Mar 19, 2026Not availableMar 26, 2026
Jun 19, 2026Not availableJun 26, 2026
Sep 21, 2026Not availableSep 28, 2026
Dec 21, 2026Not availableDec 29, 2026
Mar 19, 2027Not availableMar 30, 2027
Jun 21, 2027Not availableJun 28, 2027
Sep 20, 2027Not availableSep 27, 2027
Dec 20, 2027Not availableDec 27, 2027
Mar 20, 2028Not availableMar 27, 2028
Jun 19, 2028Not availableJun 26, 2028
Autocall observations · 17
ObservationLevel (% of strike)Payment
Mar 19, 2024100%Mar 26, 2024
Jun 19, 2024100%Jun 26, 2024
Sep 19, 202495%Sep 26, 2024
Dec 19, 202495%Dec 30, 2024
Mar 19, 202595%Mar 26, 2025
Jun 19, 202595%Jun 26, 2025
Sep 19, 202590%Sep 26, 2025
Dec 19, 202590%Dec 30, 2025
Mar 19, 202690%Mar 26, 2026
Jun 19, 202690%Jun 26, 2026
Sep 21, 202685%Sep 28, 2026
Dec 21, 202685%Dec 29, 2026
Mar 19, 202785%Mar 30, 2027
Jun 21, 202785%Jun 28, 2027
Sep 20, 202780%Sep 27, 2027
Dec 20, 202780%Dec 27, 2027
Mar 20, 202880%Mar 27, 2028