FSA Daily

Financial Strategies Advisory (FSA) Daily Top Ideas 29 Jul, 2026

Structured FX & Fixed Funds Equities Products Metals Income

Structured Products Competence Center

Structured Products 15-month Auto-callable Multi-Reverse Convertible on iShares Semiconductor

 Geared Strike = 47.50% buffer from current level

Issuer Goldman Sachs Bank Europe SE, Frankfurt, Germany Underlying iShares Semiconductor

Currency USD Maximum Tenor 15 Months Auto-callable Condition Quarterly auto-call at 100% if all the Underlying close at or above their initial prices Geared Strike Price 52.5% of initial prices 10% p.a. Coupon (fixed and if no prior early redemption, to be paid quarterly)  Product is not capital guaranteed – market risk Major risks  Investor is subject to the credit risk of the issuer  Liquidity risk Risk Level * 3 (subject to change)

Indicative pricing as of 27 July, 2026 and it is subject to change. * 1 to 5, with 5 being the highest. Please refer to the Risk Level / Product Risk Rating slide for details.