GJ Warrants

The Structured Products are Non-collateralised

Terms & Indicator

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19765 GJKUASO@EP2603A Real Time Quote

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Volume

Implied Volatility Data (10D)

Date (Y-M-D)	Last	Implied Volatility (%)	Warrants Avg IV (%)
2026-01-14	0.029	50.10	53.55
2026-01-13	0.048	53.09	53.90
2026-01-12	0.041	52.92	54.09
2026-01-09	0.071	53.11	53.74
2026-01-08	0.091	53.41	54.32
2026-01-07	0.079	53.29	54.26
2026-01-06	0.069	53.12	53.98
2026-01-05	0.081	52.94	54.37
2026-01-02	0.148	54.99	52.73
2025-12-31	0.171	53.79	52.54

Related GTJA Warrants and CBBCs

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Information Provided by DB Power Online Limited [Disclaimer]

Structured Products are non-collateralised products. If the issuer or guarantor is insolvent or defaults,
investors may not recover part or all of the amount due.

We will make available the listing documents and announcements in printed form during usual business hours on any weekday (Saturdays, Sundays and holidays excepted) at 27/F., Low Block, Grand Millennium Plaza, 181 Queen’s Road Central,Hong Kong to holders of our listed structured products free of charge upon request.

Guotai Junan International is a member of the Guotai Haitong Group.