Adjustment of securities on Hewlett-Packard Co.

The Hewlett-Packard Co. has announced the spin-off of Hewlett Packard Enterprise Company (HPE). As a consequence, each Hewlett-Packard Co. stockholder will receive one share of HPE common stock for every one share of Hewlett-Packard Co. stock held. Further, Hewlett-Packard Co. will be renamed in HP Inc.

According to the terms and conditions, we have adjusted the security with effect from 02/11/2015 (ex date).

Underlying old:

Hewlett-Packard Co. registered share (ISIN: US4282361033; Bloomberg: HPQ UN Equity)

Underlying new:

HP Basket composed of

1 HP Inc. registered share (ISIN: US40434L1052; Bloomberg: HPQ UN Equity)

1 Hewlett Packard Enterprise Company registered share (ISIN: US42824C1099; Bloomberg: HPE UN Equity)

The price of the underlying is calculated as follows: (1.00 x HP Inc.price) plus (1.00 x HPE price).

For further details please refer to the <product history> of the respective security.
Frankfurt am Main, 02.11.2015Vontobel Financial Products GmbH