Common use of Variable Fees Clause in Contracts

Variable Fees. The variable fees shall be payable by the Contracting Party on a monthly basis and shall depend on the number of Access ID Codes and Per Quote Individual Requests ("quotes") with access to Real-Time Data. Corresponding Variable Fee for Internal Users of the Contracting Party’s Group will apply as from January 1st, 2015. SIB TF 60.00 72.00 - - SIB N2+ 59.00 71.00 - - SIB N10P 54.00 65.00 16.00 - SIB N2 53.00 63.75 15.00 - SIB N1+ 30.00 36.00 3.50 0.01 SIB N1 3.50 4.25 - 0.01 SIB N1- - - - - CRR N1+ 1.00 1.25 - 0.01 WRR N2 3.00 3.75 - - LAT N2+ 2.50 3.00 - 0.01 MEFF N2 22.00 26.50 3.00 - MEFF N1 14.00 17.00 2.00 - MEFF LP 1.75 2.25 - - MEFF DOR - - 1.00 - BME RF N2 45.00 54.00 10.00 - BME RF LP 30.00 36.00 6.00 - RF MO Retail 10.00 12.00 2.00 - SEND N2 10.00 12.00 2.50 - MERF N2 5.00 6.00 1.25 - SENAF N2 17.50 21.00 3.00 - MARF N2 5.00 6.00 1.25 - SEND LP 6.00 7.25 1.50 - MERF LP 3.00 3.75 1.00 - SENAF LP 10.00 12.00 2.00 - AIAF LP 17.50 21.00 3.00 - MARF LP 3.00 3.75 1.00 - IND BME 6.50 8.00 1.50 - IND N1 5.50 6.75 - - IND BOL 1.25 1.50 - - IBEX 35® DOR - - 0.25 0.01 HR (*) 0.50 0.75 - HR (*) - - - FONDOS BME (**) - - - APA OP 2.50 - - APA QT 1.00 - - APA ALL 3.00 - - xRolling FX N2 (**) - - - xRolling FX N1 (**) - - - (*) In order to determine which fee is more convenient to your needs, please contact us at ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇ (**) No Fees are applicable until further notice. The End User complying with all the requirements under Special Case No. 1 (Annex 1 of the Data Distribution Agreement of BME Market Data) shall be deemed as Non-Professional Investor.

Variable Fees. The variable fees shall be payable by the Contracting Party on a monthly basis and shall depend on the number of Access ID Codes and Per Quote Individual Requests ("quotes") with access to Real-Time Data. Corresponding Variable Fee for Internal Users of the Contracting Party’s Group will apply as from January 1st, 2015. SIB FOB (*) 75.00 90.00 - - SIB TF 60.00 72.00 - - SIB N2+ 59.00 71.00 - - SIB N10P 54.00 65.00 16.00 - SIB N2 53.00 63.75 15.00 - SIB N1+ 30.00 36.00 3.50 0.01 SIB N1 3.50 4.25 - 0.01 SIB N1- - - - - (*) Not available until further notice. CRR N1+ 1.00 1.25 - 0.01 WRR N2 3.00 3.75 - - LAT N2+ 2.50 3.00 - 0.01 MEFF FOB 25.00 30.00 - - MEFF N2 22.00 26.50 3.00 - MEFF N1 14.00 17.00 2.00 - MEFF LP 1.75 2.25 - - MEFF DOR - - 1.00 - BME RF N2 45.00 54.00 10.00 - BME RF LP 30.00 36.00 6.00 - RF MO Retail 10.00 12.00 2.00 - SEND N2 10.00 12.00 2.50 - MERF N2 5.00 6.00 1.25 - SENAF N2 17.50 21.00 3.00 - MARF N2 5.00 6.00 1.25 - SEND LP 6.00 7.25 1.50 - MERF LP 3.00 3.75 1.00 - SENAF LP 10.00 12.00 2.00 - AIAF LP 17.50 21.00 3.00 - MARF LP 3.00 3.75 1.00 - IND BME 6.50 8.00 1.50 - IND N1 5.50 6.75 - - IND BOL 1.25 1.50 - - IBEX 35® DOR - - 0.25 0.01 HR (*) 0.50 0.75 - HR (*) - - - FONDOS BME (**) - - - APA OP 2.50 - - APA QT 1.00 - - APA ALL 3.00 - - xRolling FX N2 (**) - - - xRolling FX N1 (**) - - - (*) In order to determine which fee is more convenient to your needs, please contact us at ▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇.▇▇ (**) No Fees are applicable until further notice. The End User complying with all the requirements under Special Case No. 1 (Annex 1 of the Data Distribution Agreement of BME Market Data) shall be deemed as Non-Professional Investor.