Davy Structured Solutions
ACE Defensive Global Equity 100 Securities S1
Autocallable Evolution
Five (“5”)-Year Defensive Global Equity 100 Securities Series 1 (“ACE Defensive Global Equity 100 S1”) issued by Merrill Lynch B.V (“MLBV”), guaranteed by Bank of America Corporation (“BAC”) and distributed by Davy
WARNING: This Davy Investment Memorandum is provided in conjunction with a personalised investment advice recommendation. This Investment Memorandum does not contain all the information that a prospective investor might reasonably require in considering this investment. Prospective investors must read and understand the Key Information Document and the Bank of America Corporation (BAC) and Merrill Lynch B.V. (MLBV) Note, Warrant and Certificate Programme (“Base Prospectus”) dated 18 July 2025.
WARNING: The information in this Investment Memorandum is considered additional product information and is neither a recommendation or investment research. The information in this Investment Memorandum does not replace the Key Information Document and the Base Prospectus which you are required to read. It does not purport to be financial advice and does not consider the investment objectives, knowledge and experience or financial situation of any particular person. There is no guarantee that a financial or investment plan will meet its objectives. You should speak to your adviser, in the context of your own personal circumstances, prior to making any financial or investment decision.