BCP EQUITY INDEX BONDS

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1 AVAILABLE TO INVESTMENT PENSION ARF/AMRF INVESTORS BCP EQUITY INDEX BONDS TWO CAPITAL SECURE BONDS THAT PROVIDE ACCESS TO LEADING EUROPEAN AND WORLD EQUITY INDICES Track the performace of the Fivex S&E Europe 30 ad World 30 Idices Idices focus o Sustaiability ad Low Volatility Idices have track record of outperformace agaist idustry bechmarks ad with lower volatility Capital Security of 100% or 95% provided at maturity Ivestmet Term 5 years Early Exit Optio at 3 rd Aiversary Closig Date 12th September 2014 CAPITAL SECURITY PROVIDED BY BANK OF IRELAND BCP SERVING INVESTORS FOR OVER 45 YEARS

2 BCP EQUITY INDEX BONDS The BCP Europea Equity Idex Bod 2 ad BCP World Equity Idex Bod 2 offer ivestors access to the performace of two leadig equity idices with the additioal beefit of 100% or 95% capital security provided by Bak of Irelad. Each Bod will pay ivestors a retur liked to the performace of the Fivex Sustaiable & Efficiet Europe 30 Idex ad/or the Fivex Sustaiable & Efficiet World 30 Idex over the 5 year ivestmet term. There is o limit to the maximum retur that ca be eared from the Bods. ABOUT THE INDICES Both uderlyig Idices have bee developed by leadig equity idex providers, the Fivex Group. Fivex Group makes use of advaced risk forecastig techiques based o academic research ad proprietary techology to create iovative ad sophisticated ivestmet solutios for ivestors seekig more efficiet ad dyamic equity idex strategies. With regard to the two uderlyig Idices described below, Fivex have partered with RobecoSAM, specialists i sustaiable ivestig, to provide two uique Idices that focus o two key factors sustaiability ad efficiecy/risk reductio. SUSTAINABILITY SCREEN: Sustaiable ivestig is based o aalysis of corporate, ecoomic, evirometal ad social performace, assessig issues such as corporate goverace, risk maagemet, climate chage mitigatio, supply chai stadards ad labour practices. This stage of the idex costructio process is desiged to fid the highest quality best i class compaies across the regio. EFFICIENCY SCREEN: The fial stage of the process is based o a highly developed risk reductio aalysis which focuses o low dowside volatility, high diversificatio ad low correlatio. This aalysis is where the majority of added value comes from which illustrates the theory that lowerig risk ca have a positive retur impact ad avoidig losses is a essetial part of ivestig. 3 YEAR EARLY EXIT OPTION BCP has egotiated a early exit facility whereby you may ecash up to 100% of your ivestmet o the 3rd aiversary of the Bod at its realisable value, subject to a miimum of 10,000. Capital security will ot apply to this ecashmet. The realisable value of the capital withdrawal may be more or less tha its iitial value, depedig o whether the growth eared by the Bod is greater or less tha the early exit break costs. INDEX CONSTRUCTION METHODOLOGY: EUROPE INDEX 1 Largest 600 compaies i Europe 2 SUSTAINABILITY Top 20% most sustaiable/ best i class compaies = 120 compaies 3 30 compaies with focus o low volatility, low correlatio ad risk reductio Fivex S&E Europe 30 Idex INVESTABLE UNIVERSE OF COMPANIES SCREEN EFFICIENCY SCREEN WORLD INDEX Largest 2,500 compaies i the World Top 10% most sustaiable/ best i class compaies = 250 compaies 30 compaies with focus o low volatility, low correlatio ad risk reductio Fivex S&E World 30 Idex Each compay is give a equal weightig ad the idices are rebalaced o a mothly basis. PERFORMANCE FEES If at the ed of the 5 year term the Gross Retur of these Bods is 18% or greater, the a Performace Fee of 1% will be paid to BCP. If you ecash part/all of your ivestmet at the 3 year Early Exit Date ad the gross retur of the Bods is 10.8% or greater, the a Performace Fee of 0.6% will be paid to BCP. The Performace Fee is paid i additio to the iitial fee paid to BCP ad your itermediary, where applicable, as described i the Key Features o Page 5. ALSO AVAILABLE TO PENSION & ARF/AMRF INVESTORS

3 BCP EQUITY INDEX BONDS INDEX PERFORMANCE LIVE PLUS SIMULATED The two charts below illustrate the live ad simulated performace of the two Fivex Idices agaist relevat idustry bechmarks over the last 10 years. As you ca see the Fivex focus o sustaiability ad efficiecy/risk reductio has led to cosistet ad strog levels of outperformace over this time period, with sigificatly reduced volatility. BOND CHOICES FOR INVESTORS There are two separate bods for ivestors to choose from ad withi each bod there is a additioal layer of flexibility whereby the ivestor ca choose from the Protected (100% capital secure) or Growth (95% capital secure) versio. The ivestor ca also select ay combiatio of the four optios based o their ow specific risk ad retur requiremets. 1 BCP EUROPEAN EQUITY INDEX BOND 2 The BCP Europea Equity Idex Bod 2 will track the performace of the Fivex S&E Europe 30 Idex. The Protected Versio will retur 80% of the Performace of the Fivex S&E Europe 30 Idex over the 5 year ivestmet term. Eve if the Idex is egative over the term of the Bod, 100% of the amout ivested i the Bod will be retured. Capital security at maturity is provided by Bak of Irelad. For ivestors who are willig to put some capital at risk i retur for higher participatio the Growth Versio will pay ivestors 120% of the Performace of the Fivex S&E Europe 30 Idex over the 5 year ivestmet term. This Performace is added to the miimum amout (95% of your ivestmet) that is capital protected. If the Idex Performace is less tha 4.17% over the term, you will receive back betwee 95% ad 100% of your ivestmet. I ay evet, 95% of the amout ivested i the Bod will be retured. Capital security at maturity is provided by Bak of Irelad. 2 BCP WORLD EQUITY INDEX BOND 2 The BCP World Equity Idex Bod 2 will track the performace of the Fivex S&E World 30 Idex. The Protected Versio will retur 80% of the Performace of the Fivex S&E World 30 Idex over the 5 year ivestmet term. Eve if the Idex is egative over the term of the Bod, 100% of the amout ivested i the Bod will be retured. Capital security at maturity is provided by Bak of Irelad. For ivestors who are willig to put some capital at risk i retur for higher participatio the Growth Versio will pay ivestors 120% of the Performace of the Fivex S&E World 30 Idex over the 5 year ivestmet term. This Performace is added to the miimum amout (95% of your ivestmet) that is capital protected. If the Idex Performace is less tha 4.17% over the term, you will receive back betwee 95% ad 100% of your ivestmet. I ay evet, 95% of the amout ivested i the Bod will be retured. Capital security at maturity is provided by Bak of Irelad. FINVEX S&E EUROPE 30 INDEX VS EURO STOXX 50 INDEX FINVEX S&E WORLD 30 INDEX VS MSCI WORLD INDEX S&E EUROPE Idex EURO STOXX Idex S&E WORLD Idex MSCI WORLD Idex PERFORMANCE FivexS&EEurope30Idex Euro Stoxx 50 Idex Relative Performace PERFORMANCE FivexS&EWorld30Idex MSCI World Idex Relative Performace 3 YEARS 40.7% 13.3% +27.4% 5 YEARS 92.3% 34.4% +57.9% 10 YEARS 120.4% 14.8% % VOLATILITY 3 YEARS 11.4% 20.8% -9.4% 5 YEARS 11.5% 20.9% -9.4% 10 YEARS 12.2% 20.2% -8.0% 3 YEARS 31.3% 31.0% +0.3% 5 YEARS 65.6% 80.8% -15.2% 10 YEARS 118.2% 64.1% +54.1% VOLATILITY 3 YEARS 8.8% 13.6% -4.8% 5 YEARS 8.9% 14.2% -5.3% 10 YEARS 9.8% 14.6% -4.8% Source: Bloomberg. Performace is show from Jue 30th 2004 to Jue 30th Fivex S&E Europe 30 Idex is live sice July 1st Data prior to this date is simulated based o the actual curret idex rules. Source: Bloomberg. Performace is show from Jue 30th 2004 to Jue 30th Fivex S&E World 30 Idex is live sice July 1st Data prior to this date is simulated based o the actual curret idex rules. MINIMUM INVESTMENT d20,000 CLOSING DATE 12TH SEPTEMBER 2014

4 EXAMPLE RETURNS: PROTECTED VERSIONS OF THE BONDS If the Performace of the Idex is 40% over the term of the Bods, the retur to ivestors will be 100% of the remaiig capital ivested plus 32% (40% x 80%) givig a Gross Retur of 32%. As the 32% retur i this case is above the Performace Fee hurdle rate of 18%, a 1% Performace Fee will be paid to BCP with a retur of 31% paid to ivestors. This is equivalet to 6.2% per aum (CAR 5.5%) (18.3% after DIRT at 41% (CAR 3.4%)). Eve if the Performace of the Idex is egative over the term of the Bod, 100% of the remaiig capital ivested will be retured. GROWTH VERSIONS OF THE BONDS If the Performace of the Idex is 40% over the term of the Bods, the retur to ivestors will be 95% of the remaiig capital ivested plus 48% (40% x 120%) givig a Gross Retur of 43%. As the 43% retur i this case is above the Performace Fee hurdle rate of 18%, a 1% Performace Fee will be paid to BCP with a retur of 42% paid to ivestors. This is equivalet to 8.4% per aum (CAR 7.3%) (24.8% after DIRT at 41% (CAR 4.5%)). If the Performace of the Idex is less tha 4.17% over the term, you will receive back betwee 95% ad 100% of your ivestmet. I ay evet, 95% of the remaiig capital ivested will be retured. APPLICATION FORM (PLEASE COMPLETE IN BLOCK CAPITALS) CUSTOMER INFORMATION 1. Ivestmet advice was provided by...itermediary o BCP o Ivestmet advice ot provided o 2. My/Our ivestmet kowledge is... Limited o... Good o... Extesive o 3. My/Our ivestmet objective is capital growth. 4. I/We do ot require a icome from this ivestmet. 5. I/We authorise my/our advisor to view details of my/our accout olie. 6. I/We agree to receive receipts ad valuatios olie ad/or by . Please provide your address I/We hereby apply for the BCP Europea Equity Idex Bod 2 ad/or BCP World Equity Idex Bod 2 with BCP Asset Maagemet Limited i the ame of (a) (b) Name (Mr/Ms) Date of Birth Occupatio Name (Mr/Ms) Date of Birth Occupatio Applicat (if differet from above) Address Tel: Day Mobile PPSN Taxatio classificatio*: DIRT o Other o * Tick oe of the above as appropriate. Additioal documetatio will be required for corporate, pesio, charity, qualifyig ivestors aged 65 years or over ad o residet applicats. INVESTMENT AMOUNT BCP Europea Equity Idex Bod 2 Protected Versio c (Miimum c5,000) BCP Europea Equity Idex Bod 2 Growth Versio c (Miimum c5,000) BCP World Equity Idex Bod 2 Protected Versio c (Miimum c5,000) BCP World Equity Idex Bod 2 Growth Versio c (Miimum c5,000) TOTAL INVESTMENT e (Miimum e20,000) PLEASE MAKE CHEQUES PAYABLE TO BANK OF IRELAND GLOBAL MARKETS DECLARATION I/We cofirm that I/we have read ad uderstad the Terms ad Coditios as set out i the Brochure ad the Key Features ad agree to be boud by them. I/We hereby request ad authorise BCP to give effect to ay writte request, directio or istructio relatig to the Bod o the sigature(s) of me/us ad I/We declare that this authorisatio, uless termiated by my/our death or by operatio of law, shall remai i full force ad effect util the ed of the 5 year Term. I/We ackowledge that o iterest will be paid to me/us i relatio to the period up to 26th September 2014 (see Term & Coditio 7.10). I/We authorise BCP Asset Maagemet Ltd to hold my/our persoal data o file, to cotact me/us i writig, by telephoe or by i respect of fiacial services matters. I/We do ot coset to my/our iformatio beig used by BCP Asset Maagemet Ltd to provide iformatio o ew ivestmet opportuities. Tick box if applicable o SIGNED (all Bod holders must sig) Sigature (a) Date Sigature (b) Date Cofirmatio of idetity must be provided i accordace with Sectio 2 of the Terms ad Coditios. DIRT is Deposit Iterest Retetio Tax. ARF is Approved Retiremet Fud. AMRF is Approved Miimum Retiremet Fud. CAR is Compoud Aual Retur. PRSI is Pay Related Social Isurace.

5 BCP EQUITY INDEX BONDS KEY FEATURES HOW DO THE BONDS WORK The product producer of the BCP Europea Equity Idex Bod 2 ad the BCP World Equity Idex Bod 2 is BCP Asset Maagemet Limited, 71 Upper Leeso Street, Dubli % is ivested i a 5 year Bod which tracks the performace of the either the Fivex S&E Europe 30 Idex or the Fivex S&E World 30 Idex. At the ed of the 5 year Term, the percetage performace (gai or loss) of the respective Idex is calculated. This performace will the be multiplied by 80% (Protected Versios) or 120% (Growth Versios) to determie the iterest to be added to the remaiig capital ivested. The Protected ad Growth Versios offer 100% ad 95% capital security at maturity respectively. I order to protect the performace of the Idex from short-term volatility i stock markets towards the ed of the term, the Fial Price will reflect the average Idex level o a mothly basis over the fial 12 moths of the term. The effect of averagig is to protect returs i a fallig market but coversely it may restrict growth i a risig market. A Performace Fee of 1% will be deducted if the Gross Retur of the Bods is 18% or higher at maturity. If you avail of the early exit optio after 3 years ad the gross retur of the Bods is 10.8% or greater, a Performace fee of 0.6% will be paid to BCP. SUITABILITY: The Bods are ot suitable for ivestors who require regular icome or require access to their capital before the Early Exit Date or maturity. The Bods are suitable oly as a capital growth ivestmet. The retur o the Bods will deped o the Performace of the relevat uderlyig Idex ad will oly be determied at the ed of the Term. No withdrawals may be made before the 3 year Early Exit Date or maturity o 26th September Your moey is ot ivested i the relevat Idex, therefore, you do ot beefit from ay divideds distributed by the Idex. The Bods do ot suffer exposure to foreig currecy hece there will be o currecy risk. CAPITAL SECURITY: Capital security is provided by Bak of Irelad. I the evet Bak of Irelad fails to meet its liabilities, you could lose some or all of your moey if your ivestmet is ot fully covered by the Irish Deposit Guaratee Scheme. WHERE DOES MY INVESTMENT IN THE BCP EUROPEAN EQUITY INDEX BOND 2 AND/OR BCP WORLD EQUITY INDEX BOND 2 - PROTECTED VERSIONS GO? The paragraph below displays how the ivestmet is structured for a hypothetical c10,000 ivestor. The Protected Versios provide 100% capital security by placig 90.03% or c9,003 of your ivestmet amout o deposit. This amout will grow to 100% or c10,000 by the ed of the 5 year Term. The Protected Versios offer a retur of 80% of the Performace of the uderlyig Idex. 6.09% or c609 of your ivestmet amout will be used to purchase this retur. If the performace of the Idex is egative at the ed of the 5 year Term, you will receive 100% of your remaiig capital ivested. This paymet represets a 0% gai (CAR 0%) o your remaiig ivestmet over the period. BCP will receive a fee of 1.63% or c163 for maufacturig, distributig ad admiisterig the Bods, equivalet to 0.33% per aum. A fee of 2.25% or c225 is payable to your itermediary, equivalet to 0.45% per aum; this is payable to BCP if you do ot deal with us through a itermediary. As described previously o page 2, a Performace Fee of 1% will be paid to BCP i additio to the fees above should the Bod geerate a Gross Retur of 18% of more at maturity. If you avail of the early exit optio after 3 years ad the gross retur of the Bod is 10.8% or greater, a Performace fee of 0.6% will be paid to BCP. WHERE DOES MY INVESTMENT IN THE BCP EUROPEAN EQUITY INDEX BOND 2 AND/OR BCP WORLD EQUITY INDEX BOND 2 - GROWTH VERSIONS GO? The paragraph below displays how the ivestmet is structured for a hypothetical c10,000 ivestor. The Growth Versios provide 95% capital security by placig 86.89% or c8,689 of your ivestmet amout o deposit. This amout will grow to 95% or c9,500 by the ed of the 5 year Term. The Growth Versios offer a retur of 120% of the Performace of the uderlyig Idex, less the 5% capital at risk. 9.13% or c913 of your ivestmet amout will be used to purchase this retur. If the performace of the Idex is egative at the ed of the 5 year Term, you will receive 95% of your remaiig capital ivested. This paymet represets a 5% loss (CAR -1.0%) o your remaiig ivestmet over the period. BCP will receive a fee of 1.73% or c173 for maufacturig, distributig ad admiisterig the Bods, equivalet to 0.35% per aum. A fee of 2.25% or c225 is payable to your itermediary, equivalet to 0.45% per aum; this is payable to BCP if you do ot deal with us through a itermediary. As described previously o page 2, a Performace Fee of 1% will be paid to BCP i additio to the fees above should the Bod geerate a Gross Retur of 18% of more at maturity. If you avail of the early exit optio after 3 years ad the gross retur of the Bod is 10.8% or greater, a Performace fee of 0.6% will be paid to BCP. DO I HAVE ACCESS TO MY INVESTMENT? You may ecash up to 100% of your ivestmet o the 3rd aiversary of the Bod at its realisable value, subject to a miimum of c10,000. As capital security is provided oly at the ed of the 5 year term, the realisable value of the capital withdrawal may be more or less tha its iitial value, depedig o whether the growth eared by the Bod is greater or less tha the early exit break costs. BCP will cotact you i advace of the 3rd aiversary to provide a idicative exit price. You will have the optio to withdraw up to 100% of your ivestmet at its realisable value, to switch your early exit proceeds to a ew ivestmet, or you may elect to remai ivested i the Bod. You have the right to cacel your applicatio for the Bod withi two weeks of the date you sig it but o later tha the Closig Date. WHAT HAPPENS IF I DIE? I the evet of the death of a sole ivestor prior to the expiry of the Term: a) the Bods may be trasferred ito the ames of the deceased ivestor s persoal represetatives or of ay other perso omiated by such persoal represetatives, or b) the Bods may be redeemed, subject to ormal probate regulatios, at its realisable value as determied by BCP based o a calculatio by the Bak. The redeemable amout will be calculated primarily by referece to the market value of the assets, the remaiig term to maturity, ad the prevailig iterest rates at the time. The amout redeemed may be more or less tha the remaiig capital secure amout. Where a Bod is held i joit ames it will, upo the death of oe of the ivestors ad upo productio of such evidece of death as BCP or the Bak may require, be trasferred ito the ame(s) of the survivig ivestor(s). Where a ivestmet is made o behalf of a self-directed or self-admiistered pesio pla, i the evet of death of a member prior to the expiry of the Term, the Bod may be redeemed at its realisable value as determied by BCP based o a calculatio by the Bak which may be more or less tha the remaiig capital secure amout. The proceeds from such redemptio will be paid to the trustees of the pla, or the ivestig Life Compay as appropriate. WHAT ABOUT TAX? Uder curret legislatio, the gross iterest eared o the BCP Europea Equity Idex Bod 2 ad BCP World Equity Idex Bod 2 will be paid after deductio of DIRT at 41%. This will apply o early exit ad/or at maturity ad will be deducted at source. However, certai o-residet ivestors, credit uios, charities, pesios ad compaies may apply to receive returs gross without deductio of tax. The Fiace Act 2007 (as ameded by the Fiace Act 2011), allows the operatio of DIRT free accouts for ivestors aged 65 years or over, whose icome is uder c18,000 or c36,000 for married couples. Ivestors should satisfy themselves i relatio to Reveue reportig requiremets ad the implicatios of o-disclosure. PRSI may be payable o deposit iterest eared. Paymet does ot geerally apply to idividuals who have reached the State retiremet age. Where applicable, the curret PRSI rate is 4% which is payable by the Bodholder i the relevat tax year.

6 TERMS & CONDITIONS 1. DEFINITIONS 1.1 you/your/ivestor meas the customer(s) who is/are ivestig fuds i the BCP Europea Equity Idex Bod 2 ad/or BCP World Equity Idex Bod the Bod, Bods mea the BCP Europea Equity Idex Bod 2 ad/or BCP World Equity Idex Bod 2 - Protected ad/or Growth Versios provided by BCP i accordace with these Terms ad Coditios. 1.3 the Term meas the duratio of the ivestmet which is placed i 5 year Bods commecig o 26th September 2014 ad maturig o 26th September Iterest meas the gross iterest calculated i accordace with Sectio 7 below. 1.5 the Bak meas The Goveror ad Compay of the Bak of Irelad ad its successors, assigs ad trasferees. 1.6 BCP meas BCP Asset Maagemet Limited ad its successors, assigs ad trasferees. 1.7 the Idex, Idices mea the Fivex Sustaiable & Efficiet Europe 30 Idex ad/or the Fivex Sustaiable & Efficiet World 30 Idex, which have Bloomberg tickers of FSEURE ad RSWLDE respectively 1.8 Performace of the Idices is defied i 7.2 below. 1.9 Performace of the Bods is defied i 7.3 below Gross Retur is defied i 7.4 below Performace Fee is defied i 7.5 below Early Exit Date refers to the 3 year aiversary of the Bod, beig 26th September 2017, o which you will have the optio to withdraw up to 100% of your iitial ivestmet at its realisable value, subject to a miimum withdrawal of c10, CONFIRMATION OF IDENTITY - NEW & EXISTING CLIENTS Further to the moey lauderig provisios of the Crimial Justice (Moey Lauderig & Terrorist Fiacig) Act, 2010 as ameded cliets must provide with their applicatio (1) copy passport or full drivers licece certified by oe of the followig: Garda Síocháa / Accoutat / Solicitor / Notary Public / Embassy-Cosular Staff Member / Authorised Fiacial Service Provider ad (2) origial address verificatio (e.g. utility bill) dated withi the last 6 moths. Please ote this applies to existig as well as ew cliets. Additioal documetatio will be required for corporate, pesio ad charitable orgaisatio applicats. 3. YOUR INVESTMENT 3.1 BCP will lodge your ivestmet i the Bods to a clearig accout at the Bak. The fuds will the be swept to a cliet asset accout with the Bak i the ame of BCP. You will receive a cofirmatio from the Bak of your ivestmet i the Bods. 3.2 At the ed of the Term, o advice from BCP, the Bak will pay (1) 100% of the remaiig capital ivested i the Protected Versios ad/or (2) 95% of the remaiig capital ivested i the Growth Versios (remaiig capital ivested beig the origial capital ivested less the omial value of ay withdrawals o the Early Exit Date), together with ay Iterest eared o the remaiig capital ivested. 3.3 Your moey is ot ivested i the shares of the compaies i the Idices ad, therefore, the ivestmet does ot beefit from ay divideds distributed by the Idices. 4. AVAILABILITY 4.1 The closig date for applicatios is 12th September 2014, or earlier if fully subscribed (the Closig Date ). 4.2 The miimum ivestmet is c20, The Bods are available to idividuals who are aged 18 or over ivestig o their ow behalf, credit uios, charitable bodies, compaies ad pesio fuds. Idividuals uder 18 may be facilitated by way of a flexible trust. 5. COOLING OFF PERIOD You have the right to cacel this cotract prior to the Closig Date of the Bods. If you wish to cacel, writte otice must be received by BCP Asset Maagemet Limited at 71 Upper Leeso Street, Dubli 4 withi two weeks of your applicatio but o later tha 12th September WITHDRAWALS 6.1 Withdrawals may oly be made from the Bod o the Early Exit Date or at the ed of the Term. 6.2 BCP will cotact you i advace of the Early Exit Date to remid you of the early ecashmet facility ad to provide you with a idicative exit price ad reivestmet opportuities available at that time. As capital security is provided oly at the ed of the Term, the realisable value of the capital withdrawal may be more or less tha its iitial value, depedig o whether the growth eared by the Bod is greater or less tha the early exit break costs. The early exit price will be determied by BCP ad the Bak. 6.3 I the evet of death of a sole ivestor prior to the expiry of the Term: (a) the Bods may be trasferred ito the ames of the deceased ivestor s persoal represetatives or of ay other perso omiated by such persoal represetatives, or (b) the Bods may be redeemed, subject to ormal probate regulatios, at its realisable value as determied by BCP ad the Bak, which may be more or less tha the remaiig capital secure amout. 6.4 Where the Bods are held i joit ames, it will, upo the death of oe of the ivestors ad upo productio of such evidece of death as BCP or the Bak require, be trasferred ito the ame(s) of the survivig ivestor(s). 6.5 Where a ivestmet is made o behalf of a self directed or self admiistered pesio pla, i the evet of death of a member prior to the expiry of the Term, the Bods may be redeemed, subject to the terms of the rules of the uderlyig scheme or policy, at its realisable value as determied by BCP ad the Bak which may be more or less tha the remaiig capital secure amout. The proceeds from such redemptio will be paid to the trustees of the pla, or the ivestig Life Compay as appropriate. 7. INTEREST 7.1 The Iterest credited by the Bak to the 5 year deposit o maturity is calculated as the Performace of the Bods less the Performace Fee, ad is calculated i accordace with 7.2, 7.3, 7.4 ad 7.5. This Iterest, if positive, will be added to the remaiig capital secure amout to calculate the fial retur. The fial retur o the Early Exit Date is calculated as the gross realisable value less the omial value less ay Performace Fee. 7.2 Performace of the Idices is calculated as (Fial Price Iitial Price) / Iitial Price where (1) the Iitial Price of the Idices is the closig level of the Idices o 19th September 2014 or the ext busiess day for the Idices; (2) the Fial Price is the simple average of the Idex values take at mothly itervals from ad icludig 19th September 2018 to ad icludig 19th September 2019 or the ext busiess day of the Idices. 7.3 Performace of the Bods is calculated as (Performace of the Idices x Participatio) where Participatio for the Protected Versios is 80% ad Participatio for the Growth Versios is 120%. 7.4 Gross Retur of the Bods is calculated as (Performace of the Bods Capital at Risk) where Capital at Risk is 0% for the Protected Versios ad 5% for the Growth Versios. 7.5 The Performace Fee is 1% where the Gross Retur at maturity is 18% or higher. If you avail of the early exit optio after 3 years ad the gross realisable value of the amout ecashed is 110.8% of the omial amout, a Performace Fee of 0.6% will be deducted from the gross realisable value paid to BCP at that time. 7.6 If the Iterest is zero or egative at maturity, 100% of the remaiig capital ivested i the Protected Versios, or 95% of the remaiig capital i the Growth Versios, will be payable. 7.7 Should ay evet occur durig the Term which i BCP s absolute discretio costitutes a substatial chage to the Idices, force majeure or hedgig disruptio, BCP shall be etitled to substitute the Idices with other Idices, to uwid the Bods at the the curret market value or to susped operatios of the Bods durig ay period i which such evet cotiues ad thereafter util the ed of the Term. O suspesio, the Bak shall arrage for the ivestmet accrued to be placed o deposit for the aforesaid period, o terms to be agreed betwee BCP ad the Bak at their absolute discretio. BCP will otify the ivestors of the occurrece of ay such evet i such maer as BCP deem appropriate. Neither BCP, the Bak, or their aget(s) shall be liable for ay loss howsoever suffered by the ivestor if there is ay total or partial failure of performace resultig from ay such evet or ay other causes beyod the cotrol of BCP, the Bak or their aget(s). 7.8 Should a adjustmet evet occur durig the Term which affects the valuatio of the Idices, BCP shall be etitled, after cosultatio with the Bak ad at its absolute discretio, to adjust ay relevat terms of the Bods to preserve the ecoomic equivalet of your ivestmet prior to the occurrece of such evet. 7.9 Iterest will be paid after deductio of Deposit Iterest Retetio Tax ( DIRT ) where applicable. DIRT to be deducted will be calculated i accordace with the appropriate tax legislatio curretly 41% Uless by special arragemet for sums i excess of d100,000, o iterest will be paid to you i relatio to the period up to 26th September MATURITY BCP will cotact you before the Bods mature to advise of repaymet ad reivestmet opportuities available at that time. At maturity o 26th September 2019, BCP will, followig receipt of your istructios, istruct the Bak to issue ad sed idividual customer cheques to BCP amoutig to the remaiig capital sum secured together with ay Iterest eared OR reivest the proceeds as istructed. If at this time it is the Bak s policy to process maturity paymets electroically, paymet may be made by this method istead of by cheque. If for ay reaso Iterest o the Bods caot be determied by the maturity date, the Bak will pay the remaiig capital sum secured ad ay Iterest, 2 busiess days after the Iterest ca be determied. If you do ot provide us with a istructio the maturity amout will be held i a BCP cliet asset accout; o iterest will be paid to you o the maturity fuds. 9. JOINT INVESTMENTS Uless otherwise agreed i writig with BCP, the withdrawal of fuds at maturity will require the coset of all ivestors. 10. COMPLAINTS Ay complait about the sale of the Bods should be made to your authorised itermediary via whom you ivested. A complait about ay other aspect of the Bods should be made to BCP. Ay such complait will be ivestigated i accordace with BCP s complaits policy, details of which are available from BCP. If you are dissatisfied with the hadlig of your complait or the respose to it you may refer the issue to the Fiacial Services Ombudsma or the Pesios Ombudsma, as appropriate by cotactig the relevat office. 11. CONFIDENTIALITY BCP ad the Bak observe a strict duty of cofidetiality about your fiacial affairs. Save at your request or with your coset, either BCP or the Bak will disclose ay details relatig to your ivestmet to ayoe else other tha i the followig circumstaces: - to comply with a Court Order. - to comply with a directio or request from a statutory or regulatory body etitled to such details. - i accordace with ay applicable legislatio. 12. DATA PROTECTION Both BCP ad the Bak are registered uder the Data Protectio Acts 1988 ad 2003 ad your persoal data held by BCP ad the Bak will be maitaied i accordace with the obligatios of the Acts ad subsequet legislatio. 13. CANCELLATION If total fuds received from ivestors at the Closig Date are deemed to be isufficiet, BCP reserves the right ot to proceed with the issue of the Bods ad to repay ivestors. 14. ASSIGNMENTS Ivestor(s) may ot trasfer (either by assigmet or by ovatio) or create ay security over ay or all its rights, iterests ad obligatios i the Bods without the prior writte coset of BCP. 15. VARIATION These Terms ad Coditios may be chaged if a decisio, recommedatio or chage is made by a Court, Regulator, Ombudsma or by legislatio. BCP will otify you persoally of ay chages ad will edeavour to give you at least 1 moth s otice. 16. CLIENT ASSET ACCOUNTS This product is deposit based ad Bak of Irelad is the uderlyig deposit taker. Ivestors will receive cofirmatio of their ivestmet from Bak of Irelad. O maturity, the proceeds of the ivestmet, mius ay applicable Performace Fee paid to BCP, will oly be paid to ivestors. Cliet asset accouts cotai fuds which are pooled with other cliets fuds. Ivestors have a claim agaist the cliet assets pool i a specific accout. Fuds are ot afforded protectio uder the Cliet Asset Requiremets util they are swept from the clearig accout at the Bak ito the BCP cliet asset accout. 17. BOND OPERATION Neither BCP, the Bak or their aget(s) will be liable for ay loss you may suffer if BCP, the Bak or their aget(s) is preveted from providig ay service as a result of idustrial actio, power failure or other cause beyod the reasoable cotrol of BCP, the Bak or their aget(s). The Bak acts as deposit taker ad is ot liable for the resposibilities of BCP to you i relatio to the Bods or for ay iformatio provided to you by BCP. The Bak is ot offerig fiacial or tax advice to BCP or ivestors. It does ot make ay represetatio, express or implied, as to the ivestmet terms or the performace of the Bods. Ay such statemets herei, as well as all other statemets regardig the Bods, are the sole resposibility of BCP. 18. GOVERNING LAW AND JURISDICTION Our relatioship with you ad these Terms ad Coditios are govered by ad shall be costrued i accordace with the laws of Irelad. By sigig the applicatio form for the Bods, you agree that ay dispute may be resolved by the courts of Irelad. We will commuicate with you i Eglish at all times. 19. GUARANTEE SCHEME - DGS This product is deposit based ad Bak of Irelad is the uderlyig deposit taker. The provisios of the Irish Deposit Guaratee Scheme (DGS) may apply, depedet o your circumstaces. Details of the DGS are available at Capital security is provided by Bak of Irelad. If your ivestmet is ot covered by the DGS, ad i the evet Bak of Irelad fails or becomes isolvet (ie. goes bakrupt or similar) you could lose some or all of your moey. BCP Asset Maagemet Limited 71 Upper Leeso Street, Dubli 4, Irelad Tel: (01) Fax (01) Web: BCP Asset Maagemet Limited is registered i Irelad, umber 92930, registered office as above. VAT umber IE F BCP Asset Maagemet Limited, tradig as BCP, is regulated by the Cetral Bak of Irelad. Bak of Irelad is regulated by the Cetral Bak of Irelad.

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