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Technology Market-linked GIC Performance results

Technology Market-linked GIC Performance results
Issue DateMaturity DateTermInitial Index LevelIndexAppreciation as of October 31st, 2023Minimum RateMaximum RateParticipation Rate
Cumulative Return*Annualized Return**
Apr 12, 2019Apr 12, 20245 Year100.00154.8140.00%6.95%8.00%40.00%100%
Dec 13, 2018Dec 13, 20235 Year100.00178.6625.00%4.56%7.00%25.00%100%

*Cumulative Return indicates the cumulative appreciation of the index as of the date indicated and is not representative of the term's final payout return. The term's final payout return cannot be determined until term's maturity date.

*Annual return is calculated assuming the investment is held until maturity.