Dual-Directional Growth Note

If the note is called after Year 1, it ends early and investors receive a 50% return.

If not called, the note provides 2X uncapped upside participation based on the worst-performing underlier at maturity.

Dual-Directional: If the lesser-performing underlier is down 1%-50%, the investor receives the absolute return of that decline.

Example: if underlier is down -30%, you receive +30%.

If the lesser-performing underlier is down more than 50% at maturity, losses are one-for-one from the underlier’s initial level.