The LS 1x Alphabet Tracker ETP is designed to directly replicate the investment performance of Alphabet Inc. on a one-to-one basis. This objective is achieved by following the underlying Alphabet Tracker Investment Strategy, with all returns calculated before the deduction of any applicable fees.

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Leverage Shares - 1x Alphabet

The objective of the LS 1x Alphabet Tracker ETP is to track the Alphabet Tracker Investment Strategy, (the 'Investment Strategy') w hich is designed to provide 1:1 exposure to the performance of Alphabet Inc. (the Reference Asset), minus a fee.

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