ORBITS may be terminated early if a Downside Protection Event, a Coupon Barrier Event or an Early Expiry Event occurs. Investors should also read clauses 5.1 to 5.3 of the Terms of Issue to fully understand their rights and obligations if an Early Expiry Event occurs and what events constitute an Early Expiry Event.

If an Early Expiry Event occurs, the capital guarantee will not apply. As a result, the cash payment will be determined by reference to the market value of the relevant ORBITS on the Early Expiry Date which will include the Break Costs incurred by the Issuer.