Common use of Provision of Guarantees Clause in Contracts

Provision of Guarantees. We can assist our clients with their personal and business projects by providing guarantees: - First demand guarantees; - Liability guarantees; - Rent guarantees. Provision of guarantees Guarantees less than or equal to €1,000,000 1.5% of the guarantee provided (minimum: €2.500) Guarantees above €1,000,000 0.5% of the guarantee provided 6- Cash management Banque Transatlantique Luxembourg can help you with cash management: - Contractual line of credit - Arranged overdrafts4 – personal loans - Foreign exchange spot transactions - Foreign exchange forward transactions - Sight deposit and term deposit accounts Contractual line of credit As part of the account agreement entered into with the bank, and if you hold assets with us of a value of at least one (1) million euros, we can in principle grant you an advance on dividends and/or unrealised capital gains equivalent to 10% of your assets held with us, capped at one (1) million euros(**). Contractual line of credit Interest rate (for loans in euros) 3-month Euribor+2% Interest rate calculation method 360/360 days Administrative fees No charge (**) The limit takes account of the overall commitments recorded in the client’s accounts and those of any legal entity held as to more than 25%, either directly or indirectly, by the client. Arranged overdrafts5 – personal loans Banque Transatlantique Luxembourg’s private and corporate clients have the option of taking out an overdraft. Risk fees Overdraft fees Rate applied to the difference between the account’s highest debit balance each month over the period, and the authorised balance 2.5% Extended overdraft fees Rate applied to the average negative balance for the period, if the account is in debit for over 51 consecutive or non-consecutive days during the quarter (17 days on a monthly basis) 0.6% Current account Interest rate for account in debit, authorised overdraft 3-month Euribor + margin (contact us for more information) Interest rate for account in debit, unauthorised overdraft 12% Interest rate for account in credit 0% Interest rate calculation method 360/360 days Companies Debit transaction fees 0.15% – quarterly Fee on the highest overdrawn amount in the quarter 0.20% Foreign exchange spot transactions We can facilitate management of your foreign currency assets and execute foreign exchange spot transactions for you in the main currencies, namely GBP, US and Canadian dollars, the yen, the Swiss franc, and the Norwegian krone as per the terms given below. Forex spot transactions Exchange value of less than €25,000 1% Exchange value of €25,000 - €50,000 0.75% Exchange value of €50,000 - €100,000 0.50% Exchange value of over €100,000 0.25% Foreign exchange spot transactions are carried out at the forex interbank market rate. This rate is increased or decreased by a margin that varies according to fees that may be charged by other intermediaries involved. For other currencies, please contact your advisor. Note that for market transactions initiated in one currency and settled in another, a forex spot transaction is automatically undertaken by the Bank. In this situation, a forex margin will be automatically applied to the forex interbank market exchange rate, and this margin will depend on the amount of the transaction (see above table). Foreign exchange forward transactions We can also help you with foreign exchange forward transactions, with the aim of hedging the currency risk for your foreign currency assets. Contact your advisor for information about the relevant fees. Sight deposit and term deposit accounts The following pricing conditions apply to sight deposit accounts over € 100,000 and after merging all the balances of the same client. Sight deposit accounts Contribution to cost of negative rates 0.50% of the balance calculated on the basis of an end-of-month average Term deposit accounts offer euromarket deposit rates (EURIBID or LIBID) minus a variable margin based on the currency, amount and term. The minimum amount required to open a term deposit account is €50,000. Penalties may be applied for early repayment (check with your advisor for details). Pricing conditions applicable to all financing, loan and overdraft activities: Pricing conditions for all financing, loan and overdraft activities (excluding fees charged by intermediaries) Re-issuing amortisation table €123 Interest certificate €75.88 Fee for non-payment in excess of 8 days €153.75 Fee for reminder letter €153.75 Reminder about overdrawn current account €153.75 Risk-related arrangements (after 60 days) €512.5 Charge for initiating litigation €1537.5 Attachment of account €307.50 Mortgage release certificate €1.025 Mortgage renewal €1.025 Annual guarantee letter €123 Cost related to search closed or dormant accounts - minimum1% of sums 7- Other banking products and services

Provision of Guarantees. We can assist our clients with their personal and business projects by providing guarantees: - First demand guarantees; - Liability guarantees; - Rent guarantees. Provision of guarantees Guarantees less than or equal to €1,000,000 1.5% of the guarantee provided (minimum: €2.5002,500) Guarantees above €1,000,000 0.5% of the guarantee provided 6- Cash management Banque Transatlantique Luxembourg can help you with cash management: - Contractual line of credit - Arranged overdrafts4 – personal loans - Foreign exchange spot transactions - Foreign exchange forward transactions - Sight deposit and term deposit accounts Contractual line of credit As part of the account agreement entered into with the bank, and if you hold assets with us of a value of at least one (1) million euros, we can in principle grant you an advance on dividends and/or unrealised unrealized capital gains equivalent to 10% of your assets held with us, capped at one (1) million euros(**). Contractual line of credit Interest rate (for loans in euros) 3-month Euribor+2% Interest rate calculation method 360/360 days Administrative fees No charge (**) The limit takes account of the overall commitments recorded in the client’s accounts and those of any legal entity held as to more than 25%, either directly or indirectly, by the client. 4 As defined by the Grand-Ducal Regulation of 6 June 2018 Arranged overdrafts5 – personal loans Banque Transatlantique Luxembourg’s private and corporate clients have the option of taking out an overdraft. Risk fees Overdraft fees Rate applied to the difference between the account’s highest debit balance each month over the period, and the authorised authorized balance 2.5% Extended overdraft fees Rate applied to the average negative balance for the period, if the account is in debit for over 51 consecutive or non-consecutive days during the quarter (17 days on a monthly basis) 0.6% Current account Interest rate for account in debit, authorised authorized overdraft 3-month Euribor + margin (contact us for more information) Interest rate for account in debit, unauthorised unauthorized overdraft 12% Interest rate for account in credit 0% Interest rate calculation method 360/360 days Companies Debit transaction fees 0.15% – quarterly Fee on the highest overdrawn amount in the quarter 0.20% Foreign exchange spot transactions We can facilitate management of your foreign currency assets and execute foreign exchange spot transactions for you in the main currencies, namely GBP, US and Canadian dollars, the yen, the Swiss franc, and the Norwegian krone as per the terms given below. Forex spot transactions Exchange value of less than €25,000 1% Exchange value of €25,000 - €50,000 0.75% Exchange value of €50,000 - €100,000 0.50% Exchange value of over €100,000 0.25% Foreign exchange spot transactions are carried out at the forex interbank market rate. This rate is increased or decreased by a margin that varies according to fees that may be charged by other intermediaries involved. For other currencies, please contact your advisor. 5 As defined by the Grand-Ducal Regulation of 6 June 2018 Note that for market market-transactions initiated executed in one currency and settled in anotheranother or in case the currency reference of the portfolio is not the EUR, the bank automatically proceeds to a forex spot transaction is automatically undertaken by the Bank. In this situation, with a forex margin will be automatically applied to commission based on the forex interbank market exchange rate, and this . This margin will depend on depends of the amount of the transaction (see above table). Foreign exchange forward transactions We can also help you with foreign exchange forward transactions, with the aim of hedging the currency risk for your foreign currency assets. Contact your advisor for information about the relevant fees. Sight deposit and term deposit accounts The following pricing conditions apply to sight deposit accounts over € 100,000 and after merging all the balances of the same client. Sight deposit accounts Contribution to cost of negative rates 0.50% of the balance calculated on the basis of an end-of-month average Term deposit accounts offer euromarket deposit rates (EURIBID or LIBID) minus a variable margin based on the currency, amount and term. The minimum amount required to open a term deposit account is €50,000. Penalties may be applied for early repayment (check with your advisor for details). Pricing conditions applicable to all financing, loan and overdraft activities: Pricing conditions for all financing, loan and overdraft activities (excluding fees charged by intermediaries) Re-issuing amortisation amortization table €123 150 Interest certificate €75.88 150 Fee for non-payment in excess of 8 days €153.75 200 Fee for reminder letter €153.75 350 Reminder about overdrawn current account €153.75 350 Risk-related arrangements (after 60 days) €512.5 600 Charge for initiating litigation €1537.5 2,000 Attachment of account €307.50 400 Mortgage release certificate €1.025 1,200 Mortgage renewal €1.025 1,200 Annual guarantee letter €123 150 Cost related to search closed or dormant accounts - minimum1% of sums 7- Other banking products and services€2 per copy.

Provision of Guarantees. We can assist our clients with their personal and business projects by providing guarantees: - First demand guarantees; - Liability guarantees; - Rent guarantees. Provision of guarantees Guarantees less than or equal to €€ 1,000,000 1.5% of the guarantee provided (minimum: €2.500Minimum granted € 2,500) Guarantees above €1,000,000 0.5% of the guarantee provided granted Guarantees above € 1,000,000 6- Cash management Banque Transatlantique Luxembourg can help you with cash management: - Contractual line of credit - Arranged overdrafts4 – personal loans - Foreign exchange spot transactions - Foreign exchange forward transactions - Sight deposit and term deposit accounts Contractual line of credit As part of the account agreement entered into with the bank, and if you hold assets with us of a value of at least one (1) million euros, we can in principle grant you an advance on dividends and/or unrealised unrealized capital gains equivalent to 10% of your assets held with us, capped at one (1) million euros(**). Contractual line of credit Interest rate (for loans in euros) 3-month Euribor+2% Interest rate calculation method 360/360 days Administrative fees No charge (**) )The limit takes account of the overall commitments recorded in the client’s accounts and those of any legal entity held as to more than 25%, either directly or indirectly, by the client. Arranged overdrafts5 – personal loans Banque Transatlantique Luxembourg’s private and corporate clients have the option of taking out an overdraft. Risk fees Overdraft fees Rate applied to the difference between the account’s highest accounting debit balance for each month over of the period, period and the authorised balance authorisation 2.5% Extended overdraft fees Rate applied to the average negative debit balance for the period, if the account is in debit for over overdrawn by more than 51 consecutive days or non-consecutive days otherwise during the quarter (17 days on as part of a monthly basisclosing) 0.6% Current account Interest rate for account in debit, authorised authorized overdraft 3-month Euribor + margin Euribor+margin (contact us for more informationus) Interest rate for account in debit, unauthorised unauthorized overdraft 12% Interest rate for account in credit 0% Interest rate calculation method 360/360 days 5 As defined by the Grand-Ducal Regulation of 6 June 2018 Companies Debit transaction fees 0.15% 1.5 per thousand – quarterly Fee on the highest overdrawn amount in the quarter 0.20% Foreign exchange spot transactions We can facilitate management of your foreign currency assets and execute foreign exchange spot transactions for you in the main currencies, namely GBP, US and Canadian dollars, the yen, the Swiss franc, and the Norwegian krone as per the terms given below. Forex spot transactions Exchange value of less than €€ 25,000 1% Exchange value of €between € 25,000 - €and € 50,000 0.75% Exchange value of €between € 50,000 - €and € 100,000 0.50% Exchange value of over €€ 100,000 0.25% Foreign exchange spot transactions are carried out at the forex interbank market rate. This rate is increased or decreased by a margin that varies according to fees that may be charged by other intermediaries involved. For other currencies, please contact your advisor. Note that NB: for market transactions initiated executed in one currency and settled in anotheranother currency, a forex spot foreign exchange transaction is will be automatically undertaken carried out by the Bank. In this situationcontext, a forex an exchange margin will be automatically applied to at the forex exchange rate indicated on the over-the-counter interbank (foreign exchange) market exchange rate, and this margin will depend depending on the amount of the transaction (see above tableunder the conditions indicated above). Foreign exchange forward transactions We can also help you with foreign exchange forward transactions, with the aim of hedging the currency risk for your foreign currency assets. Contact your advisor for information about the relevant fees. Sight deposit and term deposit accounts The following pricing conditions apply to sight deposit accounts deposits over € 100,000 500,000 for private clients and € 1,000,000 for corporate clients, and after merging all the balances of the same client. Sight deposit accounts Contribution to cost of negative rates 0.50% of the balance outstandings calculated on the basis an average end of an end-of-month average Term deposit accounts offer euromarket deposit rates (EURIBID or LIBID) minus a variable margin based on the currency, amount and term. The minimum amount required to open a term deposit account is €€ 50,000. Penalties may be applied for early repayment (check with your advisor for details). Pricing conditions applicable to all financing, loan and overdraft activities: Pricing conditions for all financing, loan and overdraft activities (excluding fees charged by intermediaries) Re-issuing amortisation amortization table €123 € 150 Interest certificate €75.88 € 150 Fee for non-payment in excess of 8 days €153.75 € 200 Fee for reminder letter €153.75 € 350 Reminder about overdrawn current account €153.75 € 350 Risk-related arrangements (after 60 days) €512.5 € 600 Charge for initiating litigation €1537.5 € 2,000 Attachment of account €307.50 € 400 Mortgage release certificate €1.025 € 1,200 Mortgage renewal €1.025 € 1,500 Annual guarantee letter €123 Cost related to search € 150 Search costs for closed or dormant unclaimed accounts - minimum1% of – minimum 1%of sums and € 2 per copy 7- Other banking products and services

Provision of Guarantees. We can assist our clients with their personal and business projects by providing guarantees: - First demand guarantees; - Liability guarantees; - Rent guarantees. Provision of guarantees Guarantees less than or equal to €€ 1,000,000 1.51.50% of the guarantee provided (minimum: €2.500Minimum granted € 2,500) Guarantees above €€ 1,000,000 0.50.50% of the granted guarantee provided 6- 6‐ Cash management Banque Transatlantique Luxembourg can help you with cash management: - ‐ Contractual line of credit - ‐ Arranged overdrafts4 – personal loans - ‐ Foreign exchange spot transactions - Foreign exchange forward transactions - ‐ Sight deposit and term deposit accounts Contractual line of credit As part of the account agreement entered into with the bank, and if you hold assets with us of a value of at least one (1) million euros, we can in principle grant you an advance on dividends and/or unrealised unrealized capital gains equivalent to 10% of your assets held with us, capped at one (1) million euros(**). Contractual line of credit Interest rate (for loans in euros) 3-month Euribor+2Euribor+2.00% Interest rate calculation method 360/360 Actual/360 days Administrative fees No charge (**) )The limit takes account of the overall commitments recorded in the client’s accounts and those of any legal entity held as to more than 25%, either directly or indirectly, by the client. Arranged overdrafts5 – personal loans Banque Transatlantique Luxembourg’s private and corporate clients have the option of taking out an overdraft. Risk fees Overdraft fees Rate applied to the difference between the account’s highest accounting debit balance for each month over of the period, period and the authorised balance 2.5authorisation 2.50% Extended overdraft fees Rate applied to the average negative debit balance for the period, if the account is in debit for over overdrawn by more than 51 consecutive days or non-consecutive days otherwise during the quarter (17 days on as part of a monthly basisclosing) 0.60.60% Current account Interest rate for account in debit, authorised authorized overdraft 3-month Euribor + margin Euribor+margin (contact us for more informationus) Interest rate for account in debit, unauthorised unauthorized overdraft 1212.00% Interest rate for account in credit 00.00% Interest rate calculation method 360/360 Actual/360 days 4 - 5 As defined by the Grand-Ducal Regulation of 6 June 2018 Companies Debit transaction fees 0.15% 1.5 per thousand – quarterly Fee on the highest overdrawn amount in the quarter 0.20% Foreign exchange spot transactions We can facilitate management of your foreign currency assets and execute foreign exchange spot transactions for you in the main currencies, namely GBP, US and Canadian dollars, the yen, the Swiss franc, and the Norwegian krone as per the terms given below. Forex spot transactions Exchange value of less than €€ 25,000 11.00% Exchange value of €between € 25,000 - €and € 50,000 0.75% Exchange value of €between € 50,000 - €and € 100,000 0.50% Exchange value of over €€ 100,000 0.25% Foreign exchange spot transactions are carried out at the forex interbank market rate. This rate is increased or decreased by a margin that varies according to fees that may be charged by other intermediaries involved. For other currencies, please contact your advisor. Note that NB: for market transactions initiated executed in one currency and settled in anotheranother currency, a forex spot foreign exchange transaction is will be automatically undertaken carried out by the Bank. In this situationcontext, a forex an exchange margin will be automatically applied to at the forex exchange rate indicated on the over-the-counter interbank (foreign exchange) market exchange rate, and this margin will depend depending on the amount of the transaction (see above tableunder the conditions indicated above). Foreign exchange forward transactions We can also help you with foreign exchange forward transactions, with the aim of hedging the currency risk for your foreign currency assets. Contact your advisor for information about the relevant fees. Sight deposit and term deposit accounts The following pricing conditions apply to sight deposit accounts deposits over € 100,000 500,000 for private clients and € 1,000,000 for corporate clients, and after merging all the balances of the same client. Sight deposit accounts Contribution to cost of negative rates 0.50% of the balance outstandings calculated on the basis an average end of an end-of-month average Term deposit accounts offer euromarket deposit rates (EURIBID or LIBID) minus a variable margin based on the currency, amount and term. The minimum amount required to open a term deposit account is €50,000€ 500,000. Penalties may be applied for early repayment (check with your advisor for details). Pricing conditions applicable to all financing, loan and overdraft activities: Pricing conditions for all financing, loan and overdraft activities (excluding fees charged by intermediaries) Re-issuing amortisation amortization table €123 € 200 Interest certificate €75.88 € 200 Fee for non-payment in excess of 8 days €153.75 € 300 Fee for reminder letter €153.75 € 400 Reminder about overdrawn current account €153.75 € 400 Risk-related arrangements (after 60 days) €512.5 € 600 Charge for initiating litigation €1537.5 € 2,000 Attachment of account €307.50 € 400 Mortgage release certificate €1.025 € 1,500 Mortgage renewal €1.025 € 2,000 Annual guarantee letter €123 Cost related to search € 200 Search costs for closed or dormant unclaimed accounts - minimum1– minimum 1% of sums 7- and € 2 per copy 7‐ Other banking products and services