Semiconductor Income Note w/ Memory & One-Star

26.75% p.a. income or 2.2% paid monthly, with a memory feature that allows missed coupons to accrue and be paid later if conditions are met.

Auto-callable on monthly observations after 6 months, where the note may redeem early with full principal and due coupons.

At maturity, principal is returned if the worst-performing underlier is not down more than 40%. Coupons are also subject to 40% barrier.

ONE-STAR feature: At maturity, principal is returned if any underlier is positive, even if one or more underliers finish below the principal barrier.