FTSE CSDI Kick Out Plan – Issue 1

INVESTMENT DESCRIPTION

This is a 8 year 1 week Plan linked to the performance of FTSE Custom 100 Synthetic 3.5% Fixed Dividend Index. The Plan is constructed to offer a potential return of 8.70% p.a. if on any annual Observation date, starting at year 1, the Underlying index is at or above the relevant Kick Out Level.

CURRENCY GBP

STRIKE DATE 27/03/2026

ISIN XS3242848268

COUNTERPARTY Morgan Stanley

TYPE Plan

RETURN & BARRIERS
Issuer: Morgan Stanley
Investment Term: 8 years 1 week
Investment Return: 8.70% p.a. if on any annual Observation date, starting at year 1, the Underlying Index is at or above the relevant Kick Out Levels.
Capital Protection: 65% capital protected of initial level.

NEXT POTENTIAL MATURITY DATE
30/03/2027

FINAL MATURITY DATE
27/03/2034