NOTICE OF ADJUSTMENT

1.	Issue of USD 10,000,000 Share Linked Notes (Autocall Standard Notes with Snowball Digital Coupon) due 28 February 2021 Tranche 1 & Tranche 2
2.	Issue of USD 20,000,000 Share Linked Notes (Autocall Standard Notes with Snowball Digital Coupon) due 03 April 2021

Issued by BrokerCreditService Structured Products plc (the “Issuer”)

under the EUR 10,000,000,000 Euro Medium Term Note Programme
ISIN: 	XS1783223206, XS1799164790 
(the "Notes")

All capitalised terms used in this notice and not defined herein shall have the meanings and constructions ascribed to them in the terms and conditions of the Notes (the "Conditions") and in the Final Terms in respect of the Notes dated February 21st 2018, March 7th 2018 and March 27th 2018, respectively (the "Final Terms").
The Issuer hereby notifies Noteholders that pursuant to the occurrence of a Potential Adjustment Event, whereby the Board of Directors of the Tesla Inc. has approved a 5-for-1 stock split of the Tesla Inc. shares (NASDAQ: TSLA UW equity) with effect as of August 31st, 2020. The Calculation Agent considered that such stock split would constitute a Potential Adjustment Event, as it has dilutive effect on the theoretical value of the relevant Tesla Inc. (TSLA UW Equity) shares, since it proportionally lowers the price of post-split Tesla Inc. (TSLA UW Equity) shares.
Therefore it has been determined by the Calculation Agent that the Strike Price Closing Value and any and all valuations that were made up to August 28th, 2020 inclusive in respect of Tesla Inc. stock (TSLA UW Equity) – ISIN: US88160R1014 shall be divided by 5 for purposes of any and all calculations made on and following August 29th, 2020.

BrokerCreditService Structured Products plc

Date: September 1st, 2020