Knock-out rule for knock-out certificates (turbo certificates):

As soon as the underlying instrument of a knock-out certificate (turbo certificate) reaches the knock-out threshold, the issuer must immediately inform the exchange. After receiving the notification, the exchange suspends the certificate from trading. All open orders are automatically deleted from the system due to suspended trading.

Knock-Out DateISINCertificate TypeUnderlyingRepurchase price1
10/29/2025AT0000A3PND9Knock-out CertificatesZALANDO SE0.10
10/29/2025AT0000A3QAD4Knock-out CertificatesDT.TELEKOM AG0.10
10/29/2025AT0000A3QAW4Knock-out CertificatesBAY.MOTOREN WERKE AG0.20
10/29/2025AT0000A3QBJ9Knock-out CertificatesLEG IMMOBILIEN SE0.50
10/29/2025AT0000A3QBN1Knock-out CertificatesSYMRISE AG0.20
10/29/2025AT0000A3QBS0Knock-out CertificatesADIDAS AG0.23
10/29/2025AT0000A3QC00Knock-out CertificatesPUMA SE0.10
10/29/2025AT0000A3QCF5Knock-out CertificatesVONOVIA SE0.10
10/29/2025AT0000A3QCT6Knock-out CertificatesMERCEDES BENZ GROUP AG0.10
10/29/2025AT0000A3QD17Knock-out CertificatesSIEMENS ENERGY AG0.50
10/29/2025AT0000A3QD25Knock-out CertificatesVOLKSWAGEN AG VZ0.20
10/29/2025AT0000A3QE08Knock-out CertificatesBEIERSDORF AG0.20
10/29/2025AT0000A3QEE4Knock-out CertificatesMERCK KGAA0.25
10/29/2025AT0000A3QEL9Knock-out CertificatesQIAGEN NV0.05
10/29/2025AT0000A3QEM7Knock-out CertificatesSAP SE0.25
10/29/2025AT0000A3QEY2Knock-out CertificatesZumtobel Group AG0.03

1 If there are more than 2 internal decimal places the Repurchase price will be rounded.