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Conflicts of interest

In accordance with the valid legal regulations according to § 34 b WpHG the following conflicts of interests applicable to B. Metzler seel. Sohn und Co. KGaA including its affiliates (in summary "Metzler") exist with the Companies and related securities named here:

Deutsche Boerse AG
8. A personally liable partner or staff member at Metzler and/or a company affiliated with Metzler is a member of the issuer’s Supervisory Board or other body.

Fraport AG
8. A personally liable partner or staff member at Metzler and/or a company affiliated with Metzler is a member of the issuer’s Supervisory Board or other body.

Pantaleon Entertainment AG
3. Metzler, a company affiliated with Metzler and/or a person that has worked on compiling this report has been responsible or partly responsible for the offering of the issuer’s financial instruments in the past twelve months.

Types of Conflicts of interest according to § 34b WPhG
1. Metzler, a company affiliated with Metzler and/or a person that has worked on compiling this report holds shares exceeding 5% of the total issued share capital in the issuer.

2. Metzler and/or a company affiliated with Metzler holds shares of this issuer in its trading portfolios.

3. Metzler, a company affiliated with Metzler and/or a person that has worked on compiling this report has been responsible or partly responsible for the offering of the issuer’s financial instruments in the past twelve months.

4. Metzler, a company affiliated with Metzler and/or a person that has worked on compiling this report is a market maker or liquidity provider for the issuer’s financial instruments.

5. Metzler and/or a company affiliated with Metzler holds a net short or long position of more than 0.5% of total issued share capital in the issuer.

6. Metzler, a company affiliated with Metzler and/or a person that has worked on compiling this report has reached an agreement with the issuer in the past twelve months about the provision of investment services according to Appendix I section A and B of guideline 2014/65/EU by the European Parliament and the Council or there was an obligation to pay or receive compensation within the same timeframe based on the same guideline.

7. Metzler and/or a company affiliated with Metzler expects the company to pay remuneration for the provision of investment services in the next three months according to Appendix I section A and B of guideline 2014/65/EU by the European Parliament and the Council.

8. A personally liable partner or staff member at Metzler and/or a company affiliated with Metzler is a member of the issuer’s Supervisory Board or other body.

9. A staff member of the issuer is a member of Metzler’s and/or a Metzler-affiliated company’s Supervisory Board or Advisory Council.

10. A Metzler analyst responsible for covering the issuer or a person involved in producing the recommendation holds financial instruments of the issuer or has other interests in the issuer that could give rise to conflicts of interest.

11. Metzler, a company affiliated with Metzler or a person that has worked on compiling this report has other significant financial interests involving the issuer.

12. A person closely associated with the analyst holds financial instruments of the issuer or has other interests in the issuer that could give rise to conflicts of interest.

13. Metzler, a company affiliated with Metzler and/or a person that has worked on compiling this report has reached an agreement with the issuer relating to the production of investment recommendations.

14. The analyst who produced the recommendation or a person involved in producing the recommendation received or acquired shares of the issuer at a price of […] prior to their public offering on […].

Additional information is available upon request.