Follow-up Obligations Open Market

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6. Reporting and submission of changes

The issuer must inform Deutsche Börse AG immediately in the event of changes with regard to the company or its included securities.

Obliged are issuers

in Scale for equities
in Scale for corporate bonds
(partially) in Basic Board

Briefly, this needs to be done:

Any changes with regard to the company or its included securities
need to be transmitted to Deutsche Börse AG promptly.

Legal basis

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. 21 Paragraph 1 Let. g) aa) to ff) GTC DBAG for issuers of shares and certificates representing shares in scale
Sect. 22 Paragraph 1 and Sect. 21 Paragraph 1 Let. g) aa) to ee) GTC DBAG for issuers of bonds in scale
Sect. 28 and Sect. 21 Paragraph 1 Let. g) aa), bb) and for former Scale issuers also ee) GTC DBAG for issuers of shares and certificates representing shares in Basic Board
Sect. 28, Sect. 22 Paragraph 1 and Sect. 21 Paragraph 1 Let. g) aa), bb) and for former Scale issuers also ee) GTC DBAG for issuers of bonds in Basic Board.

Obligations

Deutsche Börse AG must be notified of the following changes:

all changes with regard to data provided in the company profile pursuant to Sect. 17 Paragraph 3 Let. h) GTC DBAG;

Reporting is by submission of a correspondingly updated company short profile to Deutsche Börse AG over the Exchange Reporting System-interface (ERS). Such changes are in particular name changes, relocations of registered offices, address changes, financial year changes, changes on the management or supervisory board, change or relocation of operative business or change of specialist or designated sponsor.

all capital market measures;

Notification is to be submitted by e-mail to listing@deutsche-boerse.com together with information on the capital measure.
Such capital measures are in particular capital increases and capital reductions, share splits or consolidation, the issuance of subscription rights and (official) dividend payments (as published following the approval by the Annual General Meeting).

every termination by the issuer in Scale of a contract with a supporting capital market partner;

Notification is to be submitted by e-mail to rule-enforcement@deutsche-boerse.com together with the date of the termination notice, the date of the termination of the contract and the reason for termination.

every new contract that has been concluded between the issuer in Scale and a supporting capital market partner;

Notification is to be submitted by e-mail to rule-enforcement@deutsche-boerse.com together with the new contract, which must have the minimum content pursuant to Annex 1 as well as – in the case of an issuer domiciled abroad – a written proxy of the issuer, authorising receipt and delivery pursuant to Sect. 17 Paragraph 3 Let. j) GTC DBAG.

every change with regard to the contact persons named by the issuer for the inclusion follow-up obligations pursuant to Sect. 17 Paragraph 1 Let. h) GTC DBAG, or to their contact details;

Notification is to be submitted by e-mail to rule-enforcement@deutsche-boerse.com along with information on the new contact persons and their contact details. Basic Board issuers must only report changes with regard to contact persons if they, as former Scale issuers, had previously named contact persons for the inclusion follow-up obligations.

any change with respect to the information provided by the issuer in annex 5 regarding the financial analyses, § 17 para. 1 f) GTC DBAG; The updated annex 5 must be emailed to rule-enforcement@deutsche-boerse.com.

Language

Notifications of changes with regard to issuers and their included securities must be in either German or English.

Time limits

The aforementioned notifications must be submitted promptly i.e. without undue delay.

FAQ

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.

Infos & Contact

Rule Enforcement
E-Mail: rule-enforcement@deutsche-boerse.com

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Follow-up Obligations Open Market

Overview of content

6. Reporting and submission of changes

Legal basis

Obligations

Language

Time limits

FAQ

Infos & Contact

Overview of content

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