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UBSClassicEURActive

DE000UM4S5T2 · UBS

8.50% p.a. Worst-of Express Certificate with Memory Coupon on Banco BPM S.p.A., UniCredit S.p.A, Stellantis N.V. and Volkswagen AG VZ

UniCredit / Stellantis / Volkswagen / Banco BPM

Coupon per period2.125%Quarterly
Capital barrier65%At maturity
ObservationNov 16, 2026Coupon observations
MaturityMay 21, 2029Payment

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 100% 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
UniCreditUCG · EUR36.4223.67365%00%36.42100%
StellantisFRSTLA · EUR21.4713.955565%00%21.47100%
VolkswagenVOW3 · EUR121.8579.202565%00%121.85100%
Banco BPMBAMI · EUR6.4024.161365%00%6.402100%

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Observation calendars

Coupon observations · 20
ObservationLevel (% of strike)Payment
Aug 14, 2024Not availableAug 14, 2024
Nov 14, 2024Not availableNov 14, 2024
Feb 14, 2025Not availableFeb 14, 2025
May 14, 2025Not availableMay 14, 2025
Aug 14, 2025Not availableAug 14, 2025
Nov 14, 2025Not availableNov 14, 2025
Feb 16, 2026Not availableFeb 16, 2026
May 14, 2026Not availableMay 14, 2026
Aug 14, 2026Not availableAug 14, 2026
Nov 16, 2026Not availableNov 16, 2026
Feb 15, 2027Not availableFeb 15, 2027
May 14, 2027Not availableMay 14, 2027
Aug 16, 2027Not availableAug 16, 2027
Nov 15, 2027Not availableNov 15, 2027
Feb 14, 2028Not availableFeb 14, 2028
May 15, 2028Not availableMay 15, 2028
Aug 14, 2028Not availableAug 14, 2028
Nov 14, 2028Not availableNov 14, 2028
Feb 14, 2029Not availableFeb 14, 2029
May 14, 2029Not availableMay 14, 2029
Autocall observations · 16
ObservationLevel (% of strike)Payment
May 14, 2025100%Not available
Aug 14, 2025100%Not available
Nov 14, 2025100%Not available
Feb 16, 2026100%Not available
May 14, 2026100%Not available
Aug 14, 2026100%Not available
Nov 16, 2026100%Not available
Feb 15, 2027100%Not available
May 14, 2027100%Not available
Aug 16, 2027100%Not available
Nov 15, 2027100%Not available
Feb 14, 2028100%Not available
May 15, 2028100%Not available
Aug 14, 2028100%Not available
Nov 14, 2028100%Not available
Feb 14, 2029100%Not available