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	Plan Name	Counterparty	ISIN	Start Date	Maturity Date	Price Date	Price	Brochure
+	10 10 Plan - September 2018 - Option 1	Morgan Stanley (MS B.V.)	GB00BZVQZQ23	28/09/2018	28/09/2028	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 8% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,510.20	Last CoB Level N/A		% Change N/A
+	10 10 Plan - September 2018 - Option 2	Morgan Stanley (MS B.V.)	GB00BZVQZR30	28/09/2018	28/09/2028	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 11.8% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,510.20	Last CoB Level N/A		% Change N/A
+	10 10 Plan - November 2018 - Option 1	Morgan Stanley (MS B.V.)	GB00BZVR0049	16/11/2018	16/11/2028	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 8.17% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,013.88	Last CoB Level N/A		% Change N/A
+	10 10 Plan - November 2018 - Option 2	Morgan Stanley (MS B.V.)	GB00BZVQZZ14	16/11/2018	16/11/2028	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 12.33% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,013.88	Last CoB Level N/A		% Change N/A
+	Dual Index Defensive Income Kick Out - November 2018	Morgan Stanley (MS B.V.)	GB00BZVR0379	09/11/2018	09/11/2028	30/10/2025	KICKED OUT
	Barrier: 60% (European) Return: 1.8% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 7,105.34 2,781.01	Last CoB Level N/A N/A		% Change N/A N/A
+	Semi-Annual Income Builder (USD) - August 2019	Morgan Stanley (MS B.V.)	XS2023580397	30/08/2019	02/09/2025	30/10/2025	MATURED
	Barrier: 65% (European) Return: 3.75% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings Euro Stoxx 50 Pr (SX5E) S&P 500 INDEX (SPX) HANG SENG CHINA ENT INDX (HSCEI)			Start Level 3,426.76 2,926.46 10,083.20	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	Dual Index Defensive Income Kick Out - March 2020	Morgan Stanley (MS B.V.)	XS2123972536	27/03/2020	27/03/2030	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.675% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 5,510.33 2,541.47	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE Defensive Income Kick Out - April 2020	Morgan Stanley (MS B.V.)	XS2124006292	17/04/2020	17/04/2030	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.75% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX)			Start Level 5,786.96	Last CoB Level N/A		% Change N/A
+	Dual Index Step Down Kick Out Plan - May 2020	Morgan Stanley (MS B.V.)	XS2124005724	29/05/2020	29/04/2027	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 2.275% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 6,076.60 3,050.20	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE CSDI Defensive Income Kick Out Plan - April 2021	Morgan Stanley (MS B.V.)	GB00BFCNJV59	16/04/2021	16/04/2031	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.125% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 159.63	Last CoB Level N/A		% Change N/A
+	Dual Index Kick Out Plan - May 2021	Morgan Stanley (MS B.V.)	GB00BFCNJX73	28/05/2021	28/05/2027	30/10/2025	KICKED OUT	On Request
	Barrier: 65% (European) Return: 9.1% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 7,022.61 4,070.56	Last CoB Level N/A N/A		% Change N/A N/A
+	10 10 Plan - Option 1 - September 2021	Morgan Stanley (MS B.V.)	GB00BW6SDQ83	17/09/2021	17/09/2031	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 7% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 158.13	Last CoB Level N/A		% Change N/A
+	10 10 Plan - Option 2 - September 2021	Morgan Stanley (MS B.V.)	GB00BW6SDR90	17/09/2021	17/09/2031	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 8.75% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 158.13	Last CoB Level N/A		% Change N/A
+	10 10 Plan - Option 3 - September 2021	Morgan Stanley (MS B.V.)	GB00BW6SDP76	17/09/2021	17/09/2031	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 10.75% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 158.13	Last CoB Level N/A		% Change N/A
+	8 8 Plan - October 2021	Morgan Stanley (MS B.V.)	GB00BW6SDX50	01/10/2021	01/10/2029	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 3.25% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 159.93	Last CoB Level N/A		% Change N/A
+	FTSE CSDI Kick Out Plan - November 2021	Morgan Stanley (MS B.V.)	GB00BW6SFG26	26/11/2021	26/11/2031	30/10/2025	KICKED OUT	On Request
	Barrier: 65% (European) Return: 11% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 160.10	Last CoB Level N/A		% Change N/A
+	FTSE 150 Kick Out Plan - August 2022	Morgan Stanley (MS B.V.)	GB00BW6SJ931	12/08/2022	12/08/2032	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 3.29% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,313.72	Last CoB Level N/A		% Change N/A
+	FTSE 150 Kick Out Plan - October 2022	Morgan Stanley (MS B.V.)	GB00BW6SK012	07/10/2022	07/10/2032	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 3.225% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,123.96	Last CoB Level N/A		% Change N/A
+	FTSE 100 Step Down Kick Out Plan - October 2022	Morgan Stanley (MS B.V.)	GB00BW6SJX70	07/10/2022	08/10/2029	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 8% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 6,991.09	Last CoB Level N/A		% Change N/A
+	FTSE 150 Kick Out Plan - November 2022	Morgan Stanley (MS B.V.)	GB00BW6SKJ00	11/11/2022	11/11/2032	30/10/2025	138.28
	Barrier: 65% (European) Return: 3.27% p.q. Next KO Observation: 11/11/2025 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,253.05	Last CoB Level 1,546.54		% Change 23.42%
+	FTSE 100 Defensive Income Kick Out Plan - November 2022	Morgan Stanley (MS B.V.)	GB00BW6SKK15	18/11/2022	19/11/2029	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 2.05% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,385.52	Last CoB Level N/A		% Change N/A
+	Dual Index Kick Out Plan - October 2022	Morgan Stanley (MS B.V.)	GB00BW6SKL22	14/10/2022	15/10/2029	30/10/2025	KICKED OUT	On Request
	Barrier: 70% (European) Return: 14.35% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) Euro Stoxx 50 Pr (SX5E)			Start Level 1,110.13 3,381.73	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE 100 Defensive Kick Out Plan - December 2022	Morgan Stanley (MS B.V.)	GB00BW6SKW37	23/12/2022	25/12/2028	30/10/2025	127.39
	Barrier: 60% (European) Return: 9.75% p.a. Next KO Observation: 23/12/2025 Next KO Trigger: 95% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,473.01	Last CoB Level 9,760.06		% Change 30.6%
+	FTSE 150 Kick Out Plan - January 2023	Morgan Stanley (MS B.V.)	GB00BW6SKV20	27/01/2023	27/01/2033	30/10/2025	136.13
	Barrier: 65% (European) Return: 3.28% p.q. Next KO Observation: 27/01/2026 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,319.08	Last CoB Level 1,546.54		% Change 17.24%
+	Dominant Majors 70 70 Memory Income Note (GBP) - December 2022	Morgan Stanley (MS B.V.)	XS2533964404	02/12/2022	04/12/2028	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 4% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) NASDAQ 100 STOCK INDX (NDX)			Start Level 27,777.90 7,556.23 11,994.26	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	10 10 Plan - Option 1 - February 2023	Morgan Stanley (MS B.V.)	GB00BW6SLF37	24/02/2023	24/02/2033	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 9.5% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 178.66	Last CoB Level N/A		% Change N/A
+	10 10 Plan - Option 2 - February 2023	Morgan Stanley (MS B.V.)	GB00BG645463	24/02/2023	24/02/2033	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 10.8% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 178.66	Last CoB Level N/A		% Change N/A
+	10 10 Plan - Option 3 - February 2023	Morgan Stanley (MS B.V.)	GB00BG645570	24/02/2023	24/02/2033	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 12.1% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 178.66	Last CoB Level N/A		% Change N/A
+	FTSE 100 Defensive Kick Out Plan - February 2023	Morgan Stanley (MS B.V.)	GB00BG645794	24/02/2023	26/02/2029	30/10/2025	124.17
	Barrier: 60% (European) Return: 9.26% p.a. Next KO Observation: 24/02/2026 Next KO Trigger: 95% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,878.66	Last CoB Level 9,760.06		% Change 23.88%
+	FTSE 100 Income Builder Plan - February 2023	Morgan Stanley (MS B.V.)	GB00BG645687	24/02/2023	26/02/2029	30/10/2025	86.49
	Barrier: 60% (European) Return: 2.3% p.q. Next KO Observation: Next KO Trigger: Next Income Observation: 24/11/2025 Next Income Trigger: 5,500.00 - 8,500.00	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,878.66	Last CoB Level 9,760.06		% Change 23.88%
+	FTSE CSDI Kick Out Plan - January 2023	Morgan Stanley (MS B.V.)	GB00BW6SL861	27/01/2023	28/01/2030	30/10/2025	KICKED OUT	On Request
	Barrier: 65% (European) Return: 11.3% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 175.58	Last CoB Level N/A		% Change N/A
+	FTSE 150 Kick Out Plan - March 2023	Morgan Stanley (MS B.V.)	GB00BW6S2L66	31/03/2023	31/03/2033	29/10/2025	130.84
	Barrier: 65% (European) Return: 3.05% p.q. Next KO Observation: 31/03/2026 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ)			Start Level 1,275.32	Last CoB Level 1,546.54		% Change 21.27%
+	Morgan Stanley Structured Bank Note (USD) - April 2023	Morgan Stanley (MS B.V.)	XS2599315335	12/04/2023	13/04/2026	30/10/2025	100.45
	Barrier: 100% (Capital protected) Return: 3.55% p.a. Next KO Observation: Next KO Trigger: Next Income Observation: 13/04/2026 Next Income Trigger: 1%	Underlyings Euro Stoxx 50 Pr (SX5E)			Start Level 4,334.03	Last CoB Level 5,699.18		% Change 31.5%
+	FTSE 100 Super Defensive Kick Out Plan - July 2023	Morgan Stanley (MS B.V.)	GB00BW6S1F32	07/07/2023	08/07/2030	30/10/2025	116.12
	Barrier: 60% (European) Return: 7.2% p.a. Next KO Observation: 07/07/2026 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 7,256.94	Last CoB Level 9,760.06		% Change 34.49%
+	Capital Guaranteed Kick Out Growth Note (USD) - May 2023	Morgan Stanley (MS B.V.)	XS2599382368	26/05/2023	28/05/2029	30/10/2025	KICKED OUT
	Barrier: 100% (Capital protected) Return: 3% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings Euro Stoxx 50 Pr (SX5E) S&P/ASX 200 INDEX (AS51) NIKKEI 225 (NKY)			Start Level 4,337.50 7,154.755 30,916.31	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	Capital Guaranteed Kick Out Growth Note (GBP) - May 2023	Morgan Stanley (MS B.V.)	XS2599382442	26/05/2023	28/05/2029	30/10/2025	KICKED OUT
	Barrier: 100% (Capital protected) Return: 3% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings Euro Stoxx 50 Pr (SX5E) S&P/ASX 200 INDEX (AS51) NIKKEI 225 (NKY)			Start Level 4,337.50 7,154.755 30,916.31	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	Simplicity Triple Index Defensive Phoenix Note (GBP) – September 2023	Morgan Stanley (MS B.V.)	XS2654838361	15/09/2023	15/09/2028	30/10/2025	KICKED OUT	On Request
	Barrier: 70% (European) Return: 5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 4,295.05 7,711.38 4,450.32	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	Simplicity Triple Index Defensive Phoenix Note (USD) – September 2023	Morgan Stanley (MS B.V.)	XS2654838288	15/09/2023	15/09/2028	30/10/2025	KICKED OUT	On Request
	Barrier: 70% (European) Return: 5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 4,295.05 7,711.38 4,450.32	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	Dual Index 95% Kick Out Plan - December 2023	Morgan Stanley (MS B.V.)	XS2682851725	24/11/2023	26/11/2029	30/10/2025	KICKED OUT	On Request
	Barrier: 70% (European) Return: 11.6% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) Euro Stoxx 50 Pr (SX5E)			Start Level 1,237.77 4,372.10	Last CoB Level N/A N/A		% Change N/A N/A
+	Triple Index Phoenix Note (GBP) – April 2024	Morgan Stanley (MS B.V.)	XS2754932445	02/04/2024	02/04/2030	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 3.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 5,042.00 39,838.91 2,065.037	Last CoB Level N/A N/A N/A		% Change N/A N/A N/A
+	Triple Index Phoenix Note (GBP) – May 2024	Morgan Stanley (MS B.V.)	XS2785990438	17/05/2024	17/05/2030	30/10/2025	102.17
	Barrier: 70% (European) Return: 3.425% s.a. Next KO Observation: 17/11/2025 Next KO Trigger: 100% Next Income Observation: 17/11/2025 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 5,064.14 38,787.38 2,095.716	Last CoB Level 5,699.18 51,325.61 2,465.953		% Change 12.54% 32.33% 17.67%
+	Triple Index Phoenix Note (USD) - May 2024	Morgan Stanley (MS B.V.)	XS2786266283	31/05/2024	31/05/2030	30/10/2025	102.29
	Barrier: 70% (European) Return: 4.05% s.a. Next KO Observation: 28/11/2025 Next KO Trigger: 100% Next Income Observation: 28/11/2025 Next Income Trigger: 80%	Underlyings NIKKEI 225 (NKY) Euro Stoxx 50 Pr (SX5E) RUSSELL 2000 INDEX (RTY)			Start Level 38,487.90 4,983.67 2,070.126	Last CoB Level 51,325.61 5,699.18 2,465.953		% Change 33.36% 14.36% 19.12%
+	Dual Index Defensive Kick Out Plan - June 2024	Morgan Stanley (MS B.V.)	XS2817546968	21/06/2024	21/06/2030	30/10/2025	KICKED OUT	On Request
	Barrier: 60% (European) Return: 8.8% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 8,237.72 4,907.30	Last CoB Level N/A N/A		% Change N/A N/A
+	10 10 Plan - Option 1 - August 2024	Morgan Stanley (MS B.V.)	GB00BW6RXG58	23/08/2024	23/08/2034	30/10/2025	108.44
	Barrier: 70% (European) Return: 8% p.a. Next KO Observation: 24/08/2026 Next KO Trigger: 102.5% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 189.48	Last CoB Level 219.9596		% Change 16.09%
+	10 10 Plan - Option 2 - August 2024	Morgan Stanley (MS B.V.)	GB00BW6RXH65	23/08/2024	23/08/2034	30/10/2025	110.62
	Barrier: 70% (European) Return: 9.25% p.a. Next KO Observation: 24/08/2026 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 189.48	Last CoB Level 219.9596		% Change 16.09%
+	10 10 Plan - Option 3 - August 2024	Morgan Stanley (MS B.V.)	GB00BW6RXJ89	23/08/2024	23/08/2034	30/10/2025	111.63
	Barrier: 70% (European) Return: 10.25% p.a. Next KO Observation: 24/08/2026 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 189.48	Last CoB Level 219.9596		% Change 16.09%
+	Triple Index Phoenix Note (GBP) - Third Edition - July 2024	Morgan Stanley (MS B.V.)	XS2817524569	05/07/2024	05/07/2030	30/10/2025	99.80
	Barrier: 70% (European) Return: 3.5% s.a. Next KO Observation: 05/01/2026 Next KO Trigger: 100% Next Income Observation: 05/01/2026 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 4,979.39 40,912.37 2,026.727	Last CoB Level 5,699.18 51,325.61 2,465.953		% Change 14.46% 25.45% 21.67%
+	Triple Index Phoenix Note (USD) - Third Edition - July 2024	Morgan Stanley (MS B.V.)	XS2817561413	05/07/2024	05/07/2030	30/10/2025	100.22
	Barrier: 70% (European) Return: 3.93% s.a. Next KO Observation: 05/01/2026 Next KO Trigger: 100% Next Income Observation: 05/01/2026 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 4,979.39 40,912.37 2,026.727	Last CoB Level 5,699.18 51,325.61 2,465.953		% Change 14.46% 25.45% 21.67%
+	FTSE150/Eurostoxx 50 Quarterly Kick Out Plan - September 2024	Morgan Stanley (MS B.V.)	XS2861956105	06/09/2024	06/09/2034	30/10/2025	108.49
	Barrier: 65% (European) Return: 2.1875% p.q. Next KO Observation: 06/09/2027 Next KO Trigger: 90% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) Euro Stoxx 50 Pr (SX5E)			Start Level 1,354.31 4,738.06	Last CoB Level 1,546.54 5,699.18		% Change 14.19% 20.29%
+	Dual Index 100% Kick Out Plan - August 2024	Morgan Stanley (MS B.V.)	XS2861887532	09/08/2024	09/08/2030	30/10/2025	KICKED OUT	On Request
	Barrier: 70% (European) Return: 16.9% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) EiSTX50 EW NR 5PC (EUR)P (ISXE50T5)			Start Level 1,339.14 663.67	Last CoB Level N/A N/A		% Change N/A N/A
+	FTSE 100 Defensive Kick Out Plan - October 2024	Morgan Stanley (MS B.V.)	XS2862178345	04/10/2024	06/10/2031	30/10/2025	106.52
	Barrier: 65% (European) Return: 7.25% p.a. Next KO Observation: 04/10/2027 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 8,280.63	Last CoB Level 9,760.06		% Change 17.87%
+	Triple Index Phoenix Note (USD) - Fourth Edition - August 2024	Morgan Stanley (MS B.V.)	XS2846643539	23/08/2024	23/08/2030	30/10/2025	97.63
	Barrier: 70% (European) Return: 3.85% s.a. Next KO Observation: 24/02/2026 Next KO Trigger: 100% Next Income Observation: 24/02/2026 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 4,909.20 38,364.27 2,218.701	Last CoB Level 5,699.18 51,325.61 2,465.953		% Change 16.09% 33.78% 11.14%
+	Triple Index Phoenix Note (GBP) - Fourth Edition - August 2024	Morgan Stanley (MS B.V.)	XS2846641913	23/08/2024	23/08/2030	30/10/2025	97.30
	Barrier: 70% (European) Return: 3.5% s.a. Next KO Observation: 24/02/2026 Next KO Trigger: 100% Next Income Observation: 24/02/2026 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) RUSSELL 2000 INDEX (RTY)			Start Level 4,909.20 38,364.27 2,218.701	Last CoB Level 5,699.18 51,325.61 2,465.953		% Change 16.09% 33.78% 11.14%
+	Dual Index Income Kick Out - November 2024	Morgan Stanley (MS B.V.)	XS2877420708	15/11/2024	15/11/2034	30/10/2025	98.19
	Barrier: 65% (European) Return: 1.7075% p.q. Next KO Observation: 16/11/2026 Next KO Trigger: 105% Next Income Observation: 17/11/2025 Next Income Trigger: 75%	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 8,063.61 5,870.62	Last CoB Level 9,760.06 6,822.34		% Change 21.04% 16.21%
+	Dual Index 100% Kick Out Plan - October 2024	Morgan Stanley (MS B.V.)	XS2877545314	04/10/2024	04/10/2029	30/10/2025	KICKED OUT	On Request
	Barrier: 70% (European) Return: 17.4% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) EiSTX50 EW NR 5PC (EUR)P (ISXE50T5)			Start Level 1,376.38 704.45	Last CoB Level N/A N/A		% Change N/A N/A
+	Triple Index Phoenix Note (USD) - Fifth Edition - October 2024	Morgan Stanley (MS B.V.)	XS2877234232	15/10/2024	15/10/2030	30/10/2025	95.15
	Barrier: 70% (European) Return: 3.63% s.a. Next KO Observation: 15/04/2026 Next KO Trigger: 100% Next Income Observation: 15/04/2026 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) RUSSELL 2000 INDEX (RTY) TOPIX INDEX (TOKYO) (TPX)			Start Level 4,946.73 2,249.819 2,723.57	Last CoB Level 5,699.18 2,465.953 3,300.79		% Change 15.21% 9.61% 21.19%
+	Triple Index Phoenix Note (GBP) - Fifth Edition - October 2024	Morgan Stanley (MS B.V.)	XS2877233937	15/10/2024	15/10/2030	30/10/2025	95.37
	Barrier: 70% (European) Return: 3.63% s.a. Next KO Observation: 15/04/2026 Next KO Trigger: 100% Next Income Observation: 15/04/2026 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) RUSSELL 2000 INDEX (RTY) TOPIX INDEX (TOKYO) (TPX)			Start Level 4,946.73 2,249.819 2,723.57	Last CoB Level 5,699.18 2,465.953 3,300.79		% Change 15.21% 9.61% 21.19%
+	Dual Index Monthly Income Kick Out Plan - October 2024	Morgan Stanley (MS B.V.)	XS2893561428	18/10/2024	18/10/2032	30/10/2025	96.28	On Request
	Barrier: 70% (European) Return: 0.796% p.m. Next KO Observation: 19/10/2026 Next KO Trigger: 110% Next Income Observation: 18/11/2025 Next Income Trigger: 80%	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) EiSTX50 EW NR 5PC (EUR)P (ISXE50T5)			Start Level 1,390.76 712.74	Last CoB Level 1,546.54 775.35		% Change 11.2% 8.78%
+	Dual Index Defensive Income Kick Out - January 2025	Morgan Stanley (MS B.V.)	GB00BQRRGH49	03/01/2025	03/01/2031	30/10/2025	98.46
	Barrier: 65% (European) Return: 1.9% p.q. Next KO Observation: 04/01/2027 Next KO Trigger: 95% Next Income Observation: 05/01/2026 Next Income Trigger: 80%	Underlyings FTSE 100 Synthetic (SUKX35FD) S&P 500 INDEX (SPX)			Start Level 185.66 5,942.47	Last CoB Level 219.9596 6,822.34		% Change 18.47% 14.81%
+	FTSE 100 Defensive Kick Out Plan - January 2025	Morgan Stanley (MS B.V.)	GB00BQRRGD01	03/01/2025	05/01/2032	30/10/2025	104.29
	Barrier: 65% (European) Return: 7% p.a. Next KO Observation: 04/01/2028 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 8,223.98	Last CoB Level 9,760.06		% Change 18.68%
+	Triple Index Phoenix Note (GBP) - Sixth Edition - November 2024	Morgan Stanley (MS B.V.)	XS2893604848	22/11/2024	22/11/2030	30/10/2025	97.15
	Barrier: 70% (European) Return: 3.75% s.a. Next KO Observation: 22/05/2026 Next KO Trigger: 100% Next Income Observation: 25/11/2025 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) RUSSELL 2000 INDEX (RTY) TOPIX INDEX (TOKYO) (TPX)			Start Level 4,789.08 2,406.67 2,696.53	Last CoB Level 5,699.18 2,465.953 3,300.79		% Change 19% 2.46% 22.41%
+	Triple Index Phoenix Note (USD) - Sixth Edition - November 2024	Morgan Stanley (MS B.V.)	XS2893606389	22/11/2024	22/11/2030	30/10/2025	96.87
	Barrier: 70% (European) Return: 3.75% s.a. Next KO Observation: 22/05/2026 Next KO Trigger: 100% Next Income Observation: 25/11/2025 Next Income Trigger: 80%	Underlyings Euro Stoxx 50 Pr (SX5E) RUSSELL 2000 INDEX (RTY) TOPIX INDEX (TOKYO) (TPX)			Start Level 4,789.08 2,406.67 2,696.53	Last CoB Level 5,699.18 2,465.953 3,300.79		% Change 19% 2.46% 22.41%
+	Simplicity Triple Index Defensive Phoenix Note (USD) - November 2024	Morgan Stanley (MS B.V.)	XS2893734975	29/11/2024	29/11/2030	30/10/2025	100.30	On Request
	Barrier: 70% (European) Return: 4.025% s.a. Next KO Observation: 30/11/2026 Next KO Trigger: 100% Next Income Observation: 28/11/2025 Next Income Trigger: 85%	Underlyings Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 4,804.40 8,287.30 6,032.38	Last CoB Level 5,699.18 9,760.06 6,822.34		% Change 18.62% 17.77% 13.1%
+	Simplicity Triple Index Defensive Phoenix Note (GBP) - November 2024	Morgan Stanley (MS B.V.)	XS2893735196	29/11/2024	29/11/2030	30/10/2025	100.44	On Request
	Barrier: 70% (European) Return: 4.025% s.a. Next KO Observation: 30/11/2026 Next KO Trigger: 100% Next Income Observation: 28/11/2025 Next Income Trigger: 85%	Underlyings Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 4,804.40 8,287.30 6,032.38	Last CoB Level 5,699.18 9,760.06 6,822.34		% Change 18.62% 17.77% 13.1%
+	FTSE 100 Defensive Kick Out Plan - February 2025	Morgan Stanley (MS B.V.)	XS2918062287	28/02/2025	01/03/2032	30/10/2025	101.92
	Barrier: 65% (European) Return: 7.05% p.a. Next KO Observation: 28/02/2028 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 8,809.74	Last CoB Level 9,760.06		% Change 10.79%
+	Dual Index Income Plan - January 2025	Morgan Stanley (MS B.V.)	XS2918066783	10/01/2025	10/01/2034	30/10/2025	102.86	On Request
	Barrier: 65% (European) Return: 0.772% p.m. Next KO Observation: Next KO Trigger: Next Income Observation: 10/11/2025 Next Income Trigger: 80%	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) EiSTX50 EW NR 5PC (EUR)P (ISXE50T5)			Start Level 1,309.01 693.55	Last CoB Level 1,546.54 775.35		% Change 18.15% 11.79%
+	10 10 Plan - Option 1 - April 2025	Morgan Stanley (MS B.V.)	GB00BQRRGS53	11/04/2025	11/04/2035	30/10/2025	104.21
	Barrier: 70% (European) Return: 7.65% p.a. Next KO Observation: 12/04/2027 Next KO Trigger: 102.5% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 179.80	Last CoB Level 219.9596		% Change 22.34%
+	10 10 Plan - Option 2 - April 2025	Morgan Stanley (MS B.V.)	GB00BQRRGT60	11/04/2025	11/04/2035	30/10/2025	106.26
	Barrier: 70% (European) Return: 8.95% p.a. Next KO Observation: 12/04/2027 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 179.80	Last CoB Level 219.9596		% Change 22.34%
+	10 10 Plan - Option 3 - April 2025	Morgan Stanley (MS B.V.)	GB00BQRRGV82	11/04/2025	11/04/2035	30/10/2025	108.14
	Barrier: 70% (European) Return: 10.35% p.a. Next KO Observation: 12/04/2027 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 179.80	Last CoB Level 219.9596		% Change 22.34%
+	FTSE 100 Defensive Kick Out Plan - April 2025	Morgan Stanley (MS B.V.)	XS2996149642	25/04/2025	26/04/2032	30/10/2025	102.39
	Barrier: 65% (European) Return: 6.75% p.a. Next KO Observation: 25/04/2028 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 8,415.25	Last CoB Level 9,760.06		% Change 15.98%
+	Dual Index Defensive Kick Out Plan - May 2025	Morgan Stanley (MS B.V.)	XS2996147786	06/05/2025	06/05/2031	30/10/2025	100.92
	Barrier: 60% (European) Return: 7.3% p.a. Next KO Observation: 06/05/2027 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 8,597.42 5,263.38	Last CoB Level 9,760.06 5,699.18		% Change 13.52% 8.28%
+	10 10 Plan - Option 1 - May 2025	Morgan Stanley (MS B.V.)	XS2996409061	23/05/2025	23/05/2035	30/10/2025	102.28
	Barrier: 70% (European) Return: 7.7% p.a. Next KO Observation: 24/05/2027 Next KO Trigger: 102.5% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 196.90	Last CoB Level 219.9596		% Change 11.71%
+	10 10 Plan - Option 2 - May 2025	Morgan Stanley (MS B.V.)	XS2996409145	23/05/2025	23/05/2035	30/10/2025	103.70
	Barrier: 70% (European) Return: 8.95% p.a. Next KO Observation: 24/05/2027 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 196.90	Last CoB Level 219.9596		% Change 11.71%
+	10 10 Plan - Option 3 - May 2025	Morgan Stanley (MS B.V.)	XS2996409491	23/05/2025	23/05/2035	30/10/2025	105.05
	Barrier: 70% (European) Return: 10.4% p.a. Next KO Observation: 24/05/2027 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 196.90	Last CoB Level 219.9596		% Change 11.71%
+	FTSE 100 Defensive Kick Out Plan - May 2025	Morgan Stanley (MS B.V.)	XS2996588054	30/05/2025	01/06/2032	30/10/2025	103.15
	Barrier: 65% (European) Return: 6.85% p.a. Next KO Observation: 30/05/2028 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX)			Start Level 8,772.38	Last CoB Level 9,760.06		% Change 11.26%
+	Dual Index Defensive Kick Out Plan - June 2025	Morgan Stanley (MS B.V.)	XS3042923006	27/06/2025	27/06/2031	30/10/2025	101.36
	Barrier: 65% (European) Return: 7.45% p.a. Next KO Observation: 28/06/2027 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E)			Start Level 8,798.91 5,325.64	Last CoB Level 9,760.06 5,699.18		% Change 10.92% 7.01%
+	Triple Index Defensive Kick Out Plan - May 2025	Morgan Stanley (MS B.V.)	XS2996127085	06/05/2025	06/05/2032	30/10/2025	100.07	On Request
	Barrier: 60% (European) Return: 8% p.a. Next KO Observation: 06/05/2027 Next KO Trigger: 107.5% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E) S&P 500 INDEX (SPX)			Start Level 8,597.42 5,263.38 5,606.91	Last CoB Level 9,760.06 5,699.18 6,822.34		% Change 13.52% 8.28% 21.68%
+	10 10 Plan - Option 1 - July 2025	Morgan Stanley (MS B.V.)	XS3043290173	11/07/2025	11/07/2035	30/10/2025	101.12
	Barrier: 70% (European) Return: 7.7% p.a. Next KO Observation: 11/07/2028 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 201.68	Last CoB Level 219.9596		% Change 9.06%
+	10 10 Plan - Option 2 - July 2025	Morgan Stanley (MS B.V.)	XS3043292039	11/07/2025	11/07/2035	30/10/2025	102.07
	Barrier: 70% (European) Return: 9% p.a. Next KO Observation: 11/07/2028 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 201.68	Last CoB Level 219.9596		% Change 9.06%
+	10 10 Plan - Option 3 - July 2025	Morgan Stanley (MS B.V.)	XS3043294670	11/07/2025	11/07/2035	29/10/2025	103.33
	Barrier: 70% (European) Return: 10.3% p.a. Next KO Observation: 11/07/2028 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 Synthetic (SUKX35FD)			Start Level 201.68	Last CoB Level 219.9596		% Change 9.06%
+	Dual Index 100% Kick Out Plan - May 2025	Morgan Stanley (MS B.V.)	XS3043160988	30/05/2025	30/05/2030	30/10/2025	104.68	On Request
	Barrier: 70% (European) Return: 18.4% p.a. Next KO Observation: 01/06/2026 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings FTSE Cstm150EqWtDscRt (UKX150EQ) EiSTX50 EW NR 5PC (EUR)P (ISXE50T5)			Start Level 1,430.24 761.91	Last CoB Level 1,546.54 775.35		% Change 8.13% 1.76%
+	Dual Index Super Defensive Kick Out Plan - July 2025	Morgan Stanley (MS B.V.)	XS3080943916	18/07/2025	19/07/2032	30/10/2025	99.45
	Barrier: 60% (European) Return: 7.1% p.a. Next KO Observation: 18/07/2028 Next KO Trigger: 100% Next Income Observation: Next Income Trigger:	Underlyings S&P 500 INDEX (SPX) Euro Stoxx 50 Pr (SX5E)			Start Level 6,296.79 5,359.23	Last CoB Level 6,822.34 5,699.18		% Change 8.35% 6.34%
+	Dual Index Kick Out Plan - June 2025	Morgan Stanley (MS B.V.)	XS3043336778	06/06/2025	06/06/2031	30/10/2025	99.89	On Request
	Barrier: 60% (European) Return: 7.2% p.a. Next KO Observation: 08/06/2026 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 8,837.91 6,000.36	Last CoB Level 9,760.06 6,822.34		% Change 10.43% 13.7%
+	Triple Index Defensive Kick Out Plan - June 2025	Morgan Stanley (MS B.V.)	XS3042943889	27/06/2025	28/06/2032	30/10/2025	100.18	On Request
	Barrier: 60% (European) Return: 8% p.a. Next KO Observation: 28/06/2027 Next KO Trigger: 105% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) Euro Stoxx 50 Pr (SX5E) S&P 500 INDEX (SPX)			Start Level 8,798.91 5,325.64 6,173.07	Last CoB Level 9,760.06 5,699.18 6,822.34		% Change 10.92% 7.01% 10.52%
+	Dual Index Defensive Kick Out Plan - August 2025	Morgan Stanley (MS B.V.)	XS3080989232	12/08/2025	12/08/2031	30/10/2025	99.42	On Request
	Barrier: 65% (European) Return: 7.4% p.a. Next KO Observation: 12/08/2027 Next KO Trigger: 97.5% Next Income Observation: Next Income Trigger:	Underlyings FTSE 100 INDEX (UKX) S&P 500 INDEX (SPX)			Start Level 9,147.81 6,445.76	Last CoB Level 9,760.06 6,822.34		% Change 6.69% 5.84%
+	Developed Market Index Defensive Memory Income Note (GBP) - June 2021	Marex Group	XS2253413624	04/06/2021	04/06/2027	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 13,770.77 28,941.52 7,069.04 1,199.19	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (USD) - June 2021	Marex Group	XS2275803489	18/06/2021	18/06/2027	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 2.75% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,049.58 28,964.08 7,017.47 1,201.651	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (GBP) - July 2021	Marex Group	XS2275830706	07/07/2021	07/07/2027	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,810.54 28,366.95 7,151.02 1,218.669	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (USD) - August 2021	Marex Group	XS2290775621	18/08/2021	18/08/2027	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 2.75% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,857.92 27,585.91 7,169.32 1,221.682	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Deep Barrier Developed Market Index Defensive Memory Income Note (GBP) - August 2021	Marex Group	XS2290784961	19/08/2021	19/08/2027	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 14,933.94 27,281.17 7,058.86 1,217.524	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Index Defensive Memory Income Note (GBP) - August 2021	Marex Group	XS2290782593	25/08/2021	25/08/2027	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 2.5% s.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,368.92 27,724.80 7,150.12 1,236.297	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Markets Memory Income Note (GBP) - October 2021	Marex Group	XS2301681990	14/10/2021	14/10/2027	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.25% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,052.42 28,550.93 7,207.71 1,247.864	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Quarterly AutoCallable Income Builder (Reducing Coupon Trigger) GBP - December 2021	Marex Group	XS2301625906	06/12/2021	06/12/2027	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.5% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,846.16 27,927.37 7,232.28 1,264.315	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Markets Autocall Note (EUR) – December 2021	Marex Group	XS2301630732	02/12/2021	02/12/2027	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 7.2% p.a. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 15,990.76 27,753.37 7,129.21 1,257.813	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Market Fixed Barrier Quarterly Phoenix (GBP) - December 2021	Marex Group	XS2301678426	17/12/2021	17/12/2027	30/10/2025	KICKED OUT
	Barrier: 70% (European) Return: 1.35% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings S&P/TSX 60 INDEX (SPTSX60) NASDAQ 100 STOCK INDX (NDX) FTSE 100 INDEX (UKX) NIKKEI 225 (NKY)			Start Level 1,259.389 15,801.46 7,269.92 28,545.68	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Global Developed Markets Monthly Autocall (GBP) - December 2021	Marex Group	XS2301663824	29/12/2021	29/12/2027	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 0.7% p.m. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) FTSE 100 INDEX (UKX) S&P/TSX 60 INDEX (SPTSX60)			Start Level 16,491.01 28,906.88 7,420.69 1,296.336	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Markets Quarterly Phoenix Income Note - February 2022	Marex Group	XS2329237841	16/02/2022	16/02/2028	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.5% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) Euro Stoxx 50 Pr (SX5E) S&P/ASX 200 INDEX (AS51)			Start Level 14,603.64 27,460.40 4,137.22 7,284.932	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Global Markets Autocall Note (GBP) - March 2022	Marex Group	XS2329226059	01/03/2022	01/03/2028	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 2.275% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) S&P/ASX 200 INDEX (AS51) NASDAQ 100 STOCK INDX (NDX)			Start Level 3,765.85 26,844.72 7,096.547 14,005.99	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Global Markets Autocall Note (USD) - March 2022	Marex Group	XS2329226133	01/03/2022	01/03/2028	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 2.5% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: Next Income Trigger:	Underlyings Euro Stoxx 50 Pr (SX5E) NIKKEI 225 (NKY) S&P/ASX 200 INDEX (AS51) NASDAQ 100 STOCK INDX (NDX)			Start Level 3,765.85 26,844.72 7,096.547 14,005.99	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A
+	Developed Markets Quarterly Income Note (GBP) - March 2022	Marex Group	XS2328457671	31/03/2022	31/03/2028	30/10/2025	KICKED OUT
	Barrier: 65% (European) Return: 1.5% p.q. Next KO Observation: N/A Next KO Trigger: N/A Next Income Observation: N/A Next Income Trigger: N/A	Underlyings NASDAQ 100 STOCK INDX (NDX) NIKKEI 225 (NKY) Euro Stoxx 50 Pr (SX5E) FTSE 100 INDEX (UKX)			Start Level 14,838.49 27,821.43 3,902.52 7,515.68	Last CoB Level N/A N/A N/A N/A		% Change N/A N/A N/A N/A

BEFORE ACCESSING OUR WEBSITE AND ANY OFFERS YOU SHOULD READ THE FOLLOWING.

This section is intended for financial advisers and investment professionals only. It contains material that is not aimed at retail investors. Please do not proceed unless you are a financial adviser or an investment professional.

The information on this website does not and is not intended to constitute or form part of an offer, subscription recommendation or solicitation to buy or sell any financial product or to take up any services. The Mariana website does not offer investment or financial advice and should not be treated as doing so. If you are advising an investor or facilitating their investment (on an execution only basis, for example) in relation to a product referred to on the Mariana website you should satisfy yourself about the terms of the investment by reference to the full product documentation together with any ancillary materials which Mariana may provide and you should be familiar with the Key Features & Risks set out below for 1) Structured Investment products and 2) Tax Efficient Investment Products. Mariana is unable to provide any guidance as to whether a product is suitable for the individual circumstances of a client or appropriate for their attitude to risk.

Mariana does not offer Advice

The information contained on the Mariana website is for general information use only. It does not offer investment or financial advice and any information contained on this website should not be construed as investment, legal, tax or any other form of advice. If in any doubt about information on this website you should contact your account manager or email [email protected].

Past performance

Past performance is not an indication of future performance and should not be used to assess the future returns or the risk associated with your investment. It is possible to get back less than you originally invested in any of the investment products referred to herein.

Importance of Financial Advice

Investors considering an investment in a Mariana product must read and understand the full product brochure. It is important that the risks and potential rewards of a product are clearly explained to an investor by their adviser. You should note that Mariana insists that all applications to invest in Mariana product are placed through a regulated financial adviser.

Structured Investment Products: Key Features/Risks

Capital at Risk

Direct investment into a market brings with it the risks of that market since an investment’s value is likely to rise or fall in proportion to the movement of the market. Structured investment products are different in that they can change the risk and/or the return that an investment in a market may provide. Structured investment products achieve this by incorporating derivatives, named so because their performance is derived from the performance of the chosen underlying market, rather than investing directly into the market itself. Many structured investment products are not fully capital secure. They are described as ‘capital-at-risk’ and they offer enhanced income or growth but to achieve this put conditions on how or whether your capital will be repaid when the investment matures.

Counterparty Risk

Even when a structured investment product offers the full return of your capital, the return of capital is likely to be subject to counterparty risk. This is the risk that the issuer (the counterparty) of the investments underlying a product becomes insolvent or bankrupt. However remote this risk may appear, it always exists. To reduce it, we suggest that structured investment products are used only as part of a broader portfolio and that investors diversify their structured investment products across a range of counterparties. For more information about structured products and capital-at-risk products you can visit www.moneymadeclear.fsa.gov.uk.

Early encashment

Structured investments products are designed to be held until maturity and early encashment may result in a capital loss for a significant period of the investment term, particularly as there may be charges that adversely impact the value in the early years. There may also be liquidity constraints with structured investments before the stated maturity date. Details of these are outlined in our brochures.

Compensation/FSCS

Prospective investors should understand that Plan assets (i.e. the underlying investments) will be held on their behalf by the administrator and custodian but they will not have any direct legal interest in the investments or any direct rights against the issuing counterparty in the event that the counterparty becomes bankrupt or enters into an insolvency process and cannot pay its debts. Prospective investors should also be aware that under the Financial Services Compensation Scheme (FSCS) rules whilst they may be eligible for compensation in the case of the insolvency of Mariana or the administrator and custodian, they are unlikely to be eligible for compensation if the counterparty becomes insolvent.

Tax Efficient Investment Products: Key Features/Risks

Capital at Risk

Tax Efficient Investment Products typically invest in the shares of small higher risk unlisted companies. The valuation of these shares depends on the value of the assets acquired by the companies plus any income that is derived from those assets. This is not guaranteed and you may lose money. The value of shares can fall in value as well as rise and you may get back less than you invested.

Concentration Risk

The nature of the Tax Efficient Investment Product is to invest in a small number of unquoted companies and furthermore there is likely to be significant sector bias. Portfolio diversification will, therefore, be limited.

Liquidity Risk

Redeeming your investment may take time. Investments in unquoted companies can be difficult to sell, especially when compared with quoted companies where there is normally a liquid exchange for buyers and sellers. Mariana aims to provide funding to support on-going liquidity. However, these arrangements are not guaranteed

Forward looking statements

Brochures dealing with Tax Efficient Investment products may contain forward-looking financial statements and illustrations. Such forward-looking financial statements and illustrations, by their nature, are not guarantees of future performance and involve risks and uncertainties, and the actual results may differ materially as a result of various factors, and therefore reliance should not be placed upon them.

Legal and regulatory

There may be changes in the future to the legal framework and regulatory status surrounding the strategy of the Tax Efficient Investment Products and its investee companies and their assets. An example may include the reduction or removal altogether of UK government renewable energy subsidies and incentives like the RHI, ROC and FiT schemes, which may negatively affect the performance of Mariana Tax Efficient Investment Products.

Long term investment

In order to qualify for tax relief in relation to certain tax efficient strategies, investors may need to keep money in the relevant Tax Efficient Investment Product for at least a minimum qualifying period, and investors may need to continue holding the investments in some cases until their death to benefit from, for example, IHT relief.

Tax changes

Tax rates, benefits, allowances are based on the current levels, legislation and HMRC practice. More importantly they can vary significantly from person to person, and tax legislation is subject to change and cannot be guaranteed.

The Website

Considerable care has gone into the preparation and maintenance of this website. However, Mariana accepts no liability in connection with its use or the use of information it contains. No warranty is given as to the accuracy or completeness of the information it contains and no liability is accepted for any errors or omissions. Where references or links to third party websites are provided, Mariana does not endorse or make any representation about the third party or any information, material or products sourced through the third party link, or any result that may be obtained from using or entering into a transaction with the third party.

This website may not be reproduced (in whole or in part), transmitted (by electronic means or otherwise), modified, linked to or used for any public or commercial purpose without the prior written permission of Mariana.

If you are outside the UK

Users accessing this website from outside the United Kingdom should note that local legislation may not permit Mariana to offer products where they are.

Users and prospective investors should be aware at all times of the applicable laws and regulations in different countries; in particular, in the United States of America where Mariana services and investments are not licensed or authorised.

Mariana is authorised and regulated by the FCA No: 551170

By clicking AGREE, you confirm that you are an investment professional and have read, understood and agree to be bound by these terms and conditions. If you do not accept these terms, please do not continue to use or access any pages of this website.

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RISK WARNING

The following pages refer to Mariana investment products. It is important that you read and understand the risk statements below before you proceed.

Mariana’s investment products may provide both individual and institutional investors with flexible and innovative investment solutions offering varying levels of risk, asset exposure, capital protection and tax exposure.

It is important, however, that you understand the risks attached to your investments. The key risk factors are summarised below, but please remember that these are general risks and the risks that are relevant to individual products are set out in the brochure for that product.

Mariana does not provide investment advice in relation to investment products and we strongly recommend that you discuss any proposed investment with your financial adviser before you invest.

Investment in a Mariana product should form part only of your investment portfolio. You should also maintain savings you can access at short notice in case of emergency to meet any short term cash needs that may arise during the term of your investment.

Investment Risk – This is the risk arising from the market(s) or asset(s) into which your investment is made or to which the performance of your investment is linked. Their value might decrease, which could cause you to lose money or, if they increase, the amount of the increase may be greater than the return you get from your investment in a Mariana product.

Counterparty Risk – This is the risk that the financial institution by whom your investment is backed gets into financial difficulties and does not, or cannot, pay the amounts due in relation to your investment. This could cause you to lose some or all of your money and any investment returns that would have otherwise been payable.

Term Risk – This is the risk that an investor’s circumstances could change, forcing the early encashment of an investment. Such early encashment will be subject to a fee and the amount repaid is likely to be less than the initial capital invested. An investor should be aware that they may not be able to access the value of their investment immediately.

Inflation Risk – This is the risk that inflation may reduce the real value of your investment over time.

Tax Risk – The values of any tax reliefs generated by your investment will depend on your individual circumstances. You should note that the levels and bases of taxation and reliefs available may change in the future and changes may be applied retrospectively.

ISA Transfer Risk – if you wish to transfer an existing ISA, it must be done in cash. This means that your existing ISA manager will sell your investment and you are likely to be charged an exit fee. There is then the possibility of a loss of income or growth if markets should rise while your transfer is being processed.

Cancellation Risk – This is the risk that if you decide to cancel the investment after it has been purchased you are likely to lose some of your money.

It is important that you read all the related Mariana product literature carefully and in full so that you understand how the product works and can decide whether or not you are prepared to accept the risks and the possible consequences of investing in a particular product, before proceeding with your investment.

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About Structured Products » Tailored Structured Products » Offshore Structured Notes » Valuations » Custodians »

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