EUR 3000000000 debt issuance programme, 10 ... - Volksbank AG

These Final Terms do not constitute an offer to sell or the solicitation of an offer to buy any Certificates or an
investment recommendation. Neither the delivery of these Final Terms nor any sale hereunder shall, under any
circumstances, create any implication that there has been no change in the affairs of the Issuer since the date
hereof or that the information contained herein is correct as of any date subsequent to this date. Any important
new or substantial incorrect information with regard to information contained herein which are of significance
for the assessment of the Certificates and which have occurred since the date hereof and prior to the end of the
public offer period or, of applicable, prior to the admission to trading shall be published in a supplement hereto.
An investment in the Certificates carries a high degree of risk. See "Risk Factors" beginning on page [41] of
the Base Prospectus for further details which shall be considered before investing in the Certificates.
[In case of Certificates with an Early Redemption Option offered to consumers, please insert: Investors should
note that where the Terms and Conditions of the Certificates provide for a right of Early Redemption by the
Issuer only, Certificate Holders usually receive a higher yield on their Certificates than they would if they
were also granted a right of Early Redemption of the Certificates. Excluding the Certificate Holders' right to
redeem the Certificates prior to their maturity is often a precondition for the Issuer being able to hedge its
exposure under the Certificates. Thus, without Early Redemption by the Certificateholders being excluded,
the Issuer would not be able to issue Certificates, or the Issuer would have to calculate the Redemption
Amount taking into consideration hedging break costs, thus reducing the yield investors receive from the
Certificates. Investors should therefore carefully consider whether they think that a right of Early Redemption
only for the Issuer would be to their detriment, and should, if they think that this is the case, not invest in
the Certificates.]
The distribution of these Final Terms and the offering, sale and delivery of the Certificates in certain jurisdictions
may be restricted by law. Persons into whose possession these Final Terms come are required
by the Issuer to inform themselves about and to observe any such restrictions. For a further description of
certain restrictions on the offering and sale of the Series, see “9.2 - Selling Restrictions” of this Prospectus
as supplemented or amended by these Final Terms.
[in case of Certificates linked to hedge funds insert: The Certificates economically represent a hedge
fund and an investment therefore carries a high degree of risk. Hence only a small part of the disposable
funds should be invested into the Certificates and not all disposable funds or funds financed by
credit should be invested into the Certificates. An investment into the Certificates will be offered to
investors particularly knowledgeable in investment matters. Investors should participate in the investment
only if they are in a position to consider carefully the risks associated with the Certificates.]
1. Issuer: LEVADE S.A., Compartment [l]
2. Series Number: See Offer Table 1
3. Type of Issue: permanent issue 2
4. Type of Certificate: Index-Certificate
Bonus-Certificate
Turbo-Certificate
Discount-Certificate
single issue [in case of a single issue,
please also insert the issue date]
1 Where “See Offer Table” is stated in this form, the Issuer has the right to replace this reference by another term, as it
deems necessary from time to time. Where more than one option is available in these final terms, the Issuer may
choose to apply more than one option.
2 Delete lines that are not selected or required, also in following final terms.
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