Solactive Gold Miners Hedged to CAD Index 3% Decrement Auto Callable Contingent Income, Class F

Auto Callable Coupon Active

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Identification

Fundserv Code: NBC34207
Issuer: National Bank
Currency: CAD
Product Type: PAR
A/F Class: F

Structure & Return

Structure: Auto Callable Coupon
Investment Objective: Income
Coupon Rate: 13.56%
Pay Frequency: Monthly
Coupon Knock-Out: -10.0%
Autocall Levels: 110%

Downside Protection

Downside Type: Barrier
Downside Level: -30%

Underlier

Name: Solactive Gold Miners Hedged to CAD Index 3% Decrement
Sector: Basic Materials
Geography: United States

Dates & Fees

Term: 5y
Issue Date: 22-Jul-26
Maturity Date: 22-Jul-31
Avail. Until: 16-Jul-26

Payoff Scenarios

Best Case

If: Underlier rises above autocall level (110%)

Then: Principal + coupons earned to date

Base Case

If: Underlier declines but stays above barrier (-30%) at maturity; coupons paid when above threshold

Then: Principal + partial/full coupons (up to 67.8% total)

Worst Case

If: Underlier falls below barrier (-30%) at maturity

Then: Principal × (1 + underlier return)

For illustrative purposes only. These scenarios are hypothetical and do not represent actual or expected performance. The information presented is derived from publicly available data and may contain errors or omissions. Investors should review the official pricing supplement and offering documentation before making any investment decisions.