The Defined Hedge structure provides a defined payout intended to benefit from market declines. The Defined Hedge structure generally aims to capture between 100%-200% of the downside in the underlying asset up to a defined cap. Should the market decline further than the amount of the downside cap, the structure will attain is maximum profitability. The Defined Hedge structure is generally designed to offer zero carry cost if the underlying

The Defined Income structure provides enhanced income meant to take advantage of range bound market environments. If the underlying asset remains within the “outcome range” over the outcome period, the structure achieves maximum profitability. If the underlying asset finishes outside of the outcome range, the structure is generally designed to return the full principal invested. Characteristics: Directional Bias: Neutral Downside: Defined Outcome Range: A defined range in underlying where structure

The Floored structure provides participation in the upside of the underlying asset up to a designated cap. Generally, the upside participation rate is 100% of the underlying gain over the outcome period. The downside is “floored” meaning that the structure will not participate in any of the downside of the underlying asset. Characteristics: Directional Bias: Bullish Upside: Capped Downside: Floored Upside Participation: 100% (up to cap) Downside Participation: None Sign

The Buffered + Enhanced structure provides enhanced participation in the upside of the underlying asset up to a designated cap. Generally, the enhanced upside participation rate if between 150-200% of the underlying gain over the outcome period. The downside is buffered meaning the structure does not participate in the downside unless the underlying asset is below the buffer level at the end of the outcome period. Characteristics: Directional Bias: Bullish

The Buffered + Capped structure provides participation in the upside of the underlying asset up to a designated cap. Generally, the participation rate up to the cap is 100% of the underlying gain over the outcome period. The downside is buffered meaning the structure does not participate in the downside unless the underlying asset is below the buffer level at the end of the outcome period. Characteristics: Directional Bias: Bullish

The Buffered + Uncapped structure provides participation in the upside of the underlying asset with no upside cap. Generally the participation rate is between 65-75% of the performance of the underlying asset over the outcome period. The downside is buffered meaning that the structure does not participate in the downside unless the underlying asset is below the buffer level at the end of the outcome period. Characteristics: Directional Bias: Bullish