This obligation is regulated in the General Terms and Conditions of Deutsche Börse AG for the Regulated Unofficial Market on Frankfurter Wertpapierbörse (GTC DBAG). In detail, the requirements result from

• Sect. 22 Paragraph 1 Let. b) GTC DBAG for issuers of bonds in Scale
• Sect. 28 Paragraph 1 and Sect. 22 Paragraph 1 Let. b) GTC DBAG for issuers of bonds in Basic Board

The first update by the issuer must be made at the latest after the end of the subscription period via DirectPlace. Subsequently, the issuer must continue updating and submitting its company profile with regard to issuance volume placed at least once a month until the end of the placement. Monthly updates and submissions are no longer necessary when all bonds have been placed.

After every update of the company profile with regard to issuance volume placed, the issuer must submit the updated company profile to Deutsche Börse AG via the Exchange Reporting System-interface (ERS).

How does Deutsche Börse AG sanction violations of this follow-up obligation?

Deutsche Börse AG can impose a contractual penalty on the negligent issuer. The precise amount of the penalty imposed by Deutsche Börse AG depends in particular on the duration and extent of the violation and the significance of the violation for the capital market.

Deutsche Börse AG may also publish the penalty imposed, naming the issuer and the specific violation, on its internet site.

Rule Enforcement

Phone +49 (0) 69 - 211 – 1 38 88
E-Mail: rule-enforcement@deutsche-boerse.com

• General Terms and Conditions of Deutsche Börse AG for the Regulated Unofficial Market (Freiverkehr) on Frankfurter Wertpapierbörse (AGB DBAG)
• Exchange Reporting System-interface (ERS)
• Form: Company Profile Scale for shares and certificates representing shares (poss. download required)
• Form: Company Profile Scale for bonds (poss. download required)
• www.boerse-frankfurt.de
• Description DirectPlace