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NatixisClassicEURActive

IT0006772690 · Natixis

5Y - PHOENIX Yeti Airbag WO on BESI NA IFX GY STMMI IM ASML NA

BE SEMICONDUCTOR IND / INFINEON TECHNOLOGIES / STMicroelectronics / ASML

Coupon per period0.8333%Monthly
Capital barrier50%At maturity
ObservationOct 19, 2026Coupon observations
MaturityJan 17, 2031Payment

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 (50% 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
BE SEMICONDUCTOR INDBESI · EUR151.175.5550%75.5550%151.1100%
INFINEON TECHNOLOGIESIFX · EUR40.5620.2850%20.2850%40.56100%
STMicroelectronicsSTMPA · EUR24.01512.007550%12.007550%24.015100%
ASMLASML · EUR1,013506.550%506.550%1,013100%

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Observation calendars

Coupon observations · 59
ObservationLevel (% of strike)Payment
Feb 18, 202650%Feb 18, 2026
Mar 18, 202650%Mar 18, 2026
Apr 17, 202650%Apr 17, 2026
May 19, 202650%May 19, 2026
Jun 17, 20260%Jun 17, 2026
Jul 17, 202650%Jul 17, 2026
Aug 19, 202650%Aug 19, 2026
Sep 17, 202650%Sep 17, 2026
Oct 19, 202650%Oct 19, 2026
Nov 18, 202650%Nov 18, 2026
Dec 17, 202650%Dec 17, 2026
Jan 19, 202750%Jan 19, 2027
Feb 17, 202750%Feb 17, 2027
Mar 17, 202750%Mar 17, 2027
Apr 19, 202750%Apr 19, 2027
May 19, 202750%May 19, 2027
Jun 17, 202750%Jun 17, 2027
Jul 19, 202750%Jul 19, 2027
Aug 18, 202750%Aug 18, 2027
Sep 17, 202750%Sep 17, 2027
Oct 19, 202750%Oct 19, 2027
Nov 17, 202750%Nov 17, 2027
Dec 17, 202750%Dec 17, 2027
Jan 19, 202850%Jan 19, 2028
Feb 17, 202850%Feb 17, 2028
Mar 17, 202850%Mar 17, 2028
Apr 21, 202850%Apr 21, 2028
May 17, 202850%May 17, 2028
Jun 19, 202850%Jun 19, 2028
Jul 19, 202850%Jul 19, 2028
Aug 17, 202850%Aug 17, 2028
Sep 19, 202850%Sep 19, 2028
Oct 18, 202850%Oct 18, 2028
Nov 17, 202850%Nov 17, 2028
Dec 19, 202850%Dec 19, 2028
Jan 17, 202950%Jan 17, 2029
Feb 19, 202950%Feb 19, 2029
Mar 19, 202950%Mar 19, 2029
Apr 18, 202950%Apr 18, 2029
May 17, 202950%May 17, 2029
Jun 19, 202950%Jun 19, 2029
Jul 18, 202950%Jul 18, 2029
Aug 17, 202950%Aug 17, 2029
Sep 19, 202950%Sep 19, 2029
Oct 17, 202950%Oct 17, 2029
Nov 19, 202950%Nov 19, 2029
Dec 19, 202950%Dec 19, 2029
Jan 17, 203050%Jan 17, 2030
Feb 19, 203050%Feb 19, 2030
Mar 19, 203050%Mar 19, 2030
Apr 17, 203050%Apr 17, 2030
Jun 19, 203050%Jun 19, 2030
Jul 17, 203050%Jul 17, 2030
Aug 19, 203050%Aug 19, 2030
Sep 18, 203050%Sep 18, 2030
Oct 17, 203050%Oct 17, 2030
Nov 19, 203050%Nov 19, 2030
Dec 18, 203050%Dec 18, 2030
Jan 17, 203150%Jan 17, 2031
Autocall observations · 48
ObservationLevel (% of strike)Payment
Feb 8, 2027100%Feb 17, 2027
Mar 8, 202799%Mar 17, 2027
Apr 8, 202798%Apr 19, 2027
May 10, 202797%May 19, 2027
Jun 8, 202796%Jun 17, 2027
Jul 8, 202795%Jul 19, 2027
Aug 9, 202794%Aug 18, 2027
Sep 8, 202793%Sep 17, 2027
Oct 8, 202792%Oct 19, 2027
Nov 8, 202791%Nov 17, 2027
Dec 8, 202790%Dec 17, 2027
Jan 10, 202889%Jan 19, 2028
Feb 8, 202888%Feb 17, 2028
Mar 8, 202887%Mar 17, 2028
Apr 10, 202886%Apr 21, 2028
May 8, 202885%May 17, 2028
Jun 8, 202884%Jun 19, 2028
Jul 10, 202883%Jul 19, 2028
Aug 8, 202882%Aug 17, 2028
Sep 8, 202881%Sep 19, 2028
Oct 9, 202880%Oct 18, 2028
Nov 8, 202879%Nov 17, 2028
Dec 8, 202878%Dec 19, 2028
Jan 8, 202977%Jan 17, 2029
Feb 8, 202976%Feb 19, 2029
Mar 8, 202975%Mar 19, 2029
Apr 9, 202974%Apr 18, 2029
May 8, 202973%May 17, 2029
Jun 8, 202972%Jun 19, 2029
Jul 9, 202971%Jul 18, 2029
Aug 8, 202970%Aug 17, 2029
Sep 10, 202969%Sep 19, 2029
Oct 8, 202968%Oct 17, 2029
Nov 8, 202967%Nov 19, 2029
Dec 10, 202966%Dec 19, 2029
Jan 8, 203065%Jan 17, 2030
Feb 8, 203064%Feb 19, 2030
Mar 8, 203063%Mar 19, 2030
Apr 8, 203062%Apr 17, 2030
Jun 19, 203060%Jun 19, 2030
Jul 17, 203059%Jul 17, 2030
Aug 19, 203058%Aug 19, 2030
Sep 18, 203057%Sep 18, 2030
Oct 17, 203056%Oct 17, 2030
Nov 19, 203055%Nov 19, 2030
Dec 18, 203054%Dec 18, 2030
Dec 9, 203054%Dec 18, 2030
Jan 8, 203153%Jan 17, 2031