• Royal Bank of Canada is issuing 70,000 warrants on October 27, 2026, priced at USD 15.80 each.
• The cash-settled warrants are linked to the NASDAQ 100 Index and iShares 20+ Year Treasury Bond ETF.
• Automatic exercise applies on the March 19, 2027 valuation date, subject to business-day adjustment; settlement is scheduled for March 29, 2027.
• Payout is zero if the ETF’s final closing price falls below its USD 80.13 initial price.
• Otherwise, payout depends on the index’s final level falling below 90% of its maximum daily close during the observation period.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. RBC - Royal Bank of Canada published the original content used to generate this news brief on October 27, 2026, and is solely responsible for the information contained therein.