Protected Period is applicable to some KODA ELI, which enables investors to purchase the underlying Security at a pre-agreed discounted price even if an Knock-out Event occurs during such period.

• 部分KODA ELI引入保障期的概念,确保投资者在保障期内不受取消事件之影响,能继续以协定的折让价购入挂钩证券。