Vontobel BOC.Z 27.06.25 Zalando Bonus Zert.

This Capped Bonus Certificate is linked to Zalando SE, the underlying instrument, and has a term ending on June 27, 2025. The product features a protection level of EUR 24.00 and a cap of EUR 36.00. The investor participates in the performance of the underlying, taking the multiplier of 1.00 into account. The redemption amount, however, is limited to a maximum of EUR 36.00 (cap times the multiplier). If the underlying never trades at or below the protection level during the observation period from September 24, 2024 to June 20, 2025, at least the bonus amount of EUR 36.00 and at most the maximum amount (in cash) will be redeemed upon maturity. In any other case, redemption will be made in the form of units in the underlying or a reference asset.