General Announcement::Trigger of Air Bag Mechanism

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 25-Oct-2024 08:16:01
Status: New
Announcement Sub Title: Trigger of Air Bag Mechanism
Announcement Reference: SG241025OTHRRU71
Submitted By (Co./ Ind. Name): Marcus Ng
Designation: Vice President
Effective Date and Time of the event: 25/10/2024 00:53:00
Description (Please provide a detailed description of the event in the box below): Unless otherwise defined, the capital terms in this Announcement shall bear the same meaning in the relevant Supplemental Listing Document in relation to the Securities.

SG Issuer would like to notify the holders of the Securities regarding the trigger of the Air Bag Mechanism on the date of this broadcast, and the New Observed Price/Level, as follows:

Airbag Trigger Time: 00:53
New Observed Price/Level: USD 257.18

Please note that the leverage factor of the Daily Leverage Certificate is applied to the performance of the Underlying Stock/Index computed from the New Observed Price/Level instead of the last closing price/level after the Observation Period.

The intrinsic close of the Securities will continue to be computed for the date of this broadcast and will be used as reference for calculation of the leverage performance of the Daily Leverage Certificate on the following Business Day.

Investors may refer to the website at dlc.socgen.com for the latest intrinsic close and more information on the airbag mechanism.