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MarexClassicEURActive

IT0006771882 · Marex

48m Wof Memory Phoenix Autocall on UniCredit SpA, Volkswagen AG, Eni SpA, Stellantis NV in EUR

UniCredit / Volkswagen / Eni / Stellantis

Maxi coupon25%One-off payment
Capital barrier60%At maturity
ObservationNov 19, 2026Maxi coupon
MaturityNov 28, 2029Payment

The maxi coupon is a separate payment. Its observation and payment dates are shown separately from any recurring coupons. Observation: Not available. Payment: Not available.

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 (60% of its initial level).

The next published autocall level is 95% 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 · EUR61.9637.17660%37.17660%58.86295%
VolkswagenVOW3 · EUR94.7856.86860%56.86860%90.04195%
EniENI · EUR16.2189.730860%9.730860%15.407195%
StellantisFRSTLA · EUR8.4535.071860%5.071860%8.030495%

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Observation calendars

Coupon observations · 16
ObservationLevel (% of strike)Payment
Dec 9, 202560%Not available
May 19, 202660%Not available
Aug 19, 202660%Not available
Nov 19, 202660%Not available
Feb 19, 202760%Not available
May 19, 202760%Not available
Aug 19, 202760%Not available
Nov 19, 202760%Not available
Feb 21, 202860%Not available
May 19, 202860%Not available
Aug 21, 202860%Not available
Nov 20, 202860%Not available
Feb 19, 202960%Not available
May 21, 202960%Not available
Aug 20, 202960%Not available
Nov 19, 202960%Not available
Autocall observations · 15
ObservationLevel (% of strike)Payment
May 19, 2026100%Not available
Aug 19, 202697.5%Not available
Nov 19, 202695%Not available
Feb 19, 202792.5%Not available
May 19, 202790%Not available
Aug 19, 202787.5%Not available
Nov 19, 202785%Not available
Feb 21, 202882.5%Not available
May 19, 202880%Not available
Aug 21, 202877.5%Not available
Nov 20, 202875%Not available
Feb 19, 202972.5%Not available
May 21, 202970%Not available
Aug 20, 202967.5%Not available
Nov 19, 202965%Not available