FTSE 100 Defensive Step Down Kick Out Plan

INVESTMENT DESCRIPTION

This is a 6 years and 1 week Plan linked to the performance of the FTSE 100 Index. The Plan is constructed to offer a potential return of 6.70% p.a. if on any annual Observation date, starting at year 2, the Underlying Index is at or above the relevant Kick Out Level.

CURRENCY GBP

STRIKE DATE 19/11/2026

ISIN XS3485970860

COUNTERPARTY Scotiabank

TYPE Plan

RETURN & BARRIERS
Issuer: Scotiabank
Investment Term: 6 years 1 week
Investment Return: 6.70% p.a. if, on any annual Observation date, starting in year 2, the Underlying Index is at or above the relevant kick-out level.
Capital Protection: Your initial capital will be returned provided the Underlying Index is at or above 60% of the initial strike level at maturity.

NEXT POTENTIAL MATURITY DATE
20/11/2028

FINAL MATURITY DATE
26/11/2032

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