 
Product type number as specified by the Swiss Structured Products Association (SSPA): 1100
Please consult the termsheet and the accompanying issue prospectus for information on the exact product functionality, product details and risks.
     
| Scenario 1 | Scenario 2 | Scenario 3 | |
|---|---|---|---|
| Description | Rising underlying | Slightly rising underlying | Falling underlying | 
| Underlying value | SMI® Index | SMI® Index | SMI® Index | 
| Capital protection | 100% | 100% | 100% | 
| Participation | 75% | 75% | 75% | 
| Term | 2 years | 2 years | 2 years | 
| Issue price | 100% | 100% | 100% | 
| Capital employed | CHF 10'000 | CHF 10'000 | CHF 10'000 | 
| SMI® at initial fixing | 8'000 points | 8'000 points | 8'000 points | 
| SMI® at maturity | 8'800 points | 8'400 points | 7'200 points | 
| Performance SMI® | 10% | 5% | -10% | 
| Scenario 1 | Scenario 2 | Scenario 3 | |
|---|---|---|---|
| Calculation | 10'000 + (10%*75%*10'000) | 10'000 + (5%*75%*10'000) | 10'000 | 
| Redemption | CHF 10'750 | CHF 10'375 | CHF 10'000 | 
| Profit / Loss | 7.50% | 3.75% | 0.00% | 
| Swiss income tax | Predominantly one-off interest payments (IUP) | 
|---|---|
| Swiss withholding tax | No | 
| Swiss stamp tax | Yes | 
| EU tax on interest | No | 
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