Common use of Introduction and warnings Clause in Contracts

Introduction and warnings. A.1 Warnings The summary should be read as introduction to the base prospectus dated 2 December 2015 as supplemented by the supplement dated 16 December 2015, 1 February 2016, 1 March 2016, 6 April 2016, 20 April 2016, 10 June 2016, 28 June 2016, 23 August 2016 and 27 October 2016 and as further supplemented (the "Base Prospectus" or the "Prospectus"). Any decision to invest in the securities (the "Securities") should be based on a consideration of the Base Prospectus as a whole, including the in- formation incorporated by reference together with any supplements and the Final Terms published in connection with the issue of the Securities. In the event that claims relating to the information contained in the Base Prospectus are brought before a court, the plaintiff investor might, under the national legislation of the states of the European Economic Area, have to bear the costs of translating the Base Prospectus before the legal pro- ceedings are initiated. Vontobel Financial Products GmbH (the "Issuer"), Bank Vontobel Europe AG (the "Offeror") and Vontobel Holding AG (the "Guarantor") have as- sumed responsibility for this summary including any translation thereof. Vontobel Holding AG, however, has assumed responsibility only with re- spect to the information relating to itself and to the guarantee (the "Guarantee"). Those persons which have assumed responsibility for this summary includ- ing any translation thereof, or persons responsible for the issue, can be held liable, but only in the event that the summary including any transla- tion thereof is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus, or if, when read together with the other parts of the Base Prospectus, it does not provide all the key information required.

Introduction and warnings. A.1 Warnings The summary should be read as introduction to the base prospectus dated 2 December 2015 as supplemented by the supplement dated 16 December 2015, 1 February 2016, 1 March 2016, 6 April 2016, 20 April 2016, 10 June 2016, 28 June 2016, 2016 and 23 August 2016 and 27 October 2016 and as further supplemented supplement- ed (the "Base Prospectus" or the "Prospectus"). Any decision to invest in the securities (the "Securities") should be based on a consideration of the Base Prospectus as a whole, including the in- formation incorporated by reference together with any supplements and the Final Terms published in connection with the issue of the Securities. In the event that claims relating to the information contained in the Base Prospectus are brought before a court, the plaintiff investor might, under the national legislation of the states of the European Economic Area, have to bear the costs of translating the Base Prospectus before the legal pro- ceedings are initiated. Vontobel Financial Products GmbH (the "Issuer"), Bank Vontobel Europe AG (the "Offeror") and Vontobel Holding AG (the "Guarantor") have as- sumed responsibility for this summary including any translation thereof. Vontobel Holding AG, however, has assumed responsibility only with re- spect to the information relating to itself and to the guarantee (the "Guarantee"). Those persons which have assumed responsibility for this summary includ- ing any translation thereof, or persons responsible for the issue, can be held liable, but only in the event that the summary including any transla- tion thereof is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus, or if, when read together with the other parts of the Base Prospectus, it does not provide all the key information required. A.2 Consent to the use of the pro- spectus The Issuer and the Offeror consent to the use of the Base Prospectus for a public offer of the Securities in Finland ("Public Offer") (general con- sent). offer period for resale by financial intermediaries The subsequent resale and final placing of the Securities by financial in- termediaries may take place during the period of validity of the Base Pro- spectus in accordance with section 9 of the German Securities Prospectus Act (tÉêíé~éáÉêéêçëéÉâíÖÉëÉíò, "WpPG"). conditions to which consent is linked This consent by the Issuer and the Offeror is subject to the conditions (i) that the Base Prospectus and the Final Terms are provided to potential in- vestors only together with all supplements published up to the time of such provision and (ii) that, in making use of the Base Prospectus and the Final Terms, the financial intermediary ensures that it complies with all applicable laws and legal requirements in force in the respective jurisdic- tions. statement that in- formation about the terms and conditions of the offer made by a financial interme- diary must be made available by the latter If the offer for the purchase of the Securities is made by a financial intermediary, the information about the terms and conditions of the offer must be made available by the respective financial intermediary at the time the offer is made.