Leverage Shares 2x Capped Accelerated TSLA Monthly ETF

Cboe: TSLO

Listed August 13, 2025

The Leverage Shares 2x Capped Accelerated TSLA Monthly ETF (the Fund) is an exchange traded fund (ETF) that seeks to provide approximately twice the positive share price return of Tesla, Inc. (TSLA or the Underlying Stock), up to an approximate upside limit, while seeking to approximately track the negative share price return of the Underlying Stock, over each full calendar month. The ETF can be held indefinitely, resetting at the end of each outcome period.

The Fund has characteristics unlike many other traditional investment products and may not be suitable for all investors. For more information regarding whether an investment in the Fund is right for you, please see Investor Suitability in the prospectus.

The outcomes that the Fund seeks to provide may only be realized if you are holding shares on the first day of the Outcome Period and continue to hold them on the last day of the Outcome Period, approximately one month. There is no guarantee that the Outcomes for an Outcome Period will be realized or that the Fund will achieve its investment objective. Inventors who purchase shares after the start of an outcome period may be subject to enhanced risks.

An investor who buys Fund shares after the start of an Outcome Period or who sells shares before the end of an Outcome Period may not fully realize the Accelerated Return and may be exposed to greater losses than that of the Underlying Stock. An investment in the Fund is appropriate only for investors willing to bear those losses.

Terms:

1. Outcome Period: A full calendar month (e.g., January 1 January 31)
2. Accelerated Return: Approximately twice the share price increase experienced by the Underlying Stock over the Outcome Period.
3. Approximate Cap: The approximate upside limit on the Accelerated Return during the Outcome Period, which will reset at the start of each Outcome Period.