1.8. Invalidity or voidance of any provision of the conditions shall not result in invalidity or voidance of other provisions.

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1 1. GENERAL PROVISIONS 1.1. Upon provision by Danske Bank A/S Estonia branch (hereinafter: Bank) to the Client of investment services and/or ancillary investment services (hereinafter collectively referred to as the services related to securities), the Bank proceeds from the following: (i) general conditions of the Bank, (ii) agreement on provision of services related to a securities account and securities (hereinafter: Agreement), including these terms and conditions of the agreement on provision of services of the Bank related to a securities account and securities (hereinafter: Conditions), and (iii) other special agreements on provision of services related to securities concluded between the Bank and the Client. The general conditions of the Bank extend to the Conditions insofar as not provided otherwise by the Conditions. The general conditions of the Bank shall be also taken as a basis in matters not regulated by the Conditions. Upon a conflict between the Conditions and the special agreement related to provision of services of securities concluded between the Bank and the Client, the conditions provided by the special agreement shall prevail Upon providing the Client the services related to securities, in addition to the general conditions and Conditions of the Bank, and also the legislation of a corresponding country applicable to securities, the rules of the central register of securities and/or regulated market, the practice of a corresponding market and the good banking practice shall apply The Conditions regulate: (i) the opening of a securities account, limitations on its use and its closing, (ii) keeping and management of securities for the Client and related activities, and (iii) provision of the services related to securities by the Bank to the Client The Bank shall receive the securities of the Client for safekeeping and management on the conditions and pursuant to the procedure provided in the Conditions and applicable legislation. The Bank has the right to refuse to accept certain type of securities or securities issued by certain issuer or traded in certain market for safekeeping and for performance of transactions or operations therewith The Conditions are divided into parts and clauses for the convenience of reference and such division shall not affect the interpretation and implementation of the Conditions. Words in singular may include plural and vice versa unless it arises otherwise from the context If the Estonian and foreign language texts of the Conditions are worded differently or may be interpreted differently, the Estonian text shall prevail The Conditions shall be also applied to the legal relationship between the Bank and Client which have arisen before entry into force of the Conditions and are valid on the date of entry thereof unless the Client has not informed of the cancellation of the securities account agreement before entry into force of the Conditions Invalidity or voidance of any provision of the conditions shall not result in invalidity or voidance of other provisions The Client shall pay the Bank for the use and disposal of the securities account, and also for the provision by the Bank of the services related to securities according to the price list of the Bank, unless it is agreed otherwise between the Client and the Bank. The price list of the Bank shall be changed pursuant to the procedure provided in the general conditions of the Bank Upon providing the services related to securities and investing in securities, the Client shall take into account any risks related thereto on all occasions and shall be independently liable for making the investment decisions An eligible counterparty shall not be subject to clauses 3.11., 7.1. (ii), (iii), (v) and (vi) of the Conditions. 2. SECURITIES ACCOUNT, KEEPING AND MANAGEMENT OF SECURITIES FOR CLIENT 2.1. Securities of the Client which are not registered in the Estonian Central Register of Securities (hereinafter: Register) are kept and registered by the Bank in the securities account opened in the Bank in the name of the Client and securities of the Client which are registered in the Register in the securities account opened in the Register in the name of the Client (hereinafter individually and collectively referred to as the Securities Account). The securities of the Client are also kept in the securities account opened in the name of the Bank or in the nominee account (an account opened for joint keeping of securities of clients of the Bank) with a third party The Bank shall keep the securities of the Client with a third party according to legislation of the country of location of that third party, market practice, requirements of that third party and agreements concluded with it. As a result thereof, the rights of the Client may be different from those provided in the legislation of the

2 Republic of Estonia and/or the European Union. Keeping of securities with third parties does not represent the transfer of services related to securities in the meaning of transfer of activities related to the investment service arising from the Securities Market Act The Client has the right to use the Securities Account for safekeeping of a immaterial securities belonging to him/her or it, for performance of transactions with such securities and for registration of certain rights to the securities. Thereby the Bank has the right, at its own discretion, to decide which securities it shall offer its services for to the Client In order to open a securities account, the Client must have previously opened a settlement account in the Bank. The Client shall conclude an Agreement with the Bank for opening the securities account and provision of services related to securities Upon opening the Securities account, the Bank shall connect the corresponding Securities Account to the settlement account of the Client determined by the Client (hereinafter: Settlement Account). Multiple Securities Accounts opened in the Register and one Securities Account opened in the Bank may be connected to one settlement account The Bank may partially or fully block the use and disposal of the Securities Account and/or securities if: a person entitled thereto under legislation has given the relevant order to the Bank; the Client closes the Settlement Account connected to the Securities Account and, upon closing the Settlement Account, the Client has not determined any other settlement account of the Client in the Bank for servicing the Securities Account; the Client shall not duly perform his/her or it obligations arising from the Agreement The Bank shall close the Securities Account at the initiative of the Client on the basis of a written application of the Client submitted for this purpose The Bank may close the Securities Account if even one of the following circumstances is present: the Client shall not duly perform clause 1.9 of the Conditions; the Client has violated the provisions of the general conditions of the Bank applicable to the Client and/or any agreement concluded between the Bank and Client; any other circumstances are present which serve as a basis for closing the Securities Account of the Client according to the applicable legislation The Securities Account in the Register shall be opened for the Client by the registrar of the Register on the basis of a written application of the Client and documents requested by the Bank which are submitted by the Bank as an account manager to the registrar, whereas the basis for making the entries in the Register is an order of the Client submitted by the Bank as an account manager and entries in the Register shall be made pursuant to the Estonian Central Register of Securities Act and legislation arising therefrom The Bank as an account manager is prohibited from submitting to the registrar of the Register any orders for performing a register operation without the relevant order of the Client, as a safekeeper of the Securities Account, or a person duly authorised by the latter The Bank has the right, without an order of the Client, to keep the securities of the Client not registered in the Register in the securities account opened in the name of the Bank and/or in the nominee account with third persons (an operators of a securities settlement systems, foreign legal persons and other institutions which are subject to financial supervision and according to the law applicable to them, they have the right to keep securities in their own name and on behalf of another person etc., including credit institutions, depositories and registers of securities). The Bank has the right, at its own discretion, to chose the aforementioned third persons and, if necessary, to authorise them to continue keeping the securities with other third persons. The Bank shall select such third persons with due diligence in order to ensure that such persons are reliable and the interests of the Client are protected. Upon keeping the securities of the Client pursuant to the procedure specified in this clause of the Conditions, the Bank undertakes to keep separate records for the securities of each client The Bank may open nominee accounts with persons whose main activities include the provision of services related to corresponding securities and which, in the opinion of the Bank, correspond to the requirements established by the Bank The Bank shall keep in a nominee account such securities only, which the Bank acquires in its own name and on behalf of clients of the Bank, as well as securities received as income from securities kept in a nominee account,

3 including securities received as dividend or substitution or exchange of securities and other securities received for account of the corresponding securities. Units of pension funds are not kept in a nominee account Unless it arises otherwise from applicable legislation, the Bank may also keep in the securities account and/or nominee account opened in the name of the Bank, in addition to the securities of one client, the securities of other clients of the Bank The Bank shall keep records of the type and quantity of the securities of the Client and shall keep the securities of the Client separate from the securities belonging to the Bank itself and from the other clients of the Bank The Bank shall register the transactions and operations made with securities held in the Securities Account, as well as the rights and obligations related to the corresponding securities, including the rights of third persons and if possible shall arrange the registration of the corresponding transactions and operations, rights and obligations in the nominee accounts The assets of the Client kept by the Bank (securities and funds), including the assets of clients kept by the Bank in its own name, as well as the assets acquired on account thereof, belong to the respective clients and are not included in the bankruptcy estate of the Bank, nor can such assets be subject to a claim for payment in an enforcement proceedings against the Bank and cannot be used to satisfy the claims of the Bank s creditors The Bank is required to guarantee the preservation of the data and documents arising from the Securities Account and provision of services related to securities at least during the minimum time period provided in the applicable legislation By signing the Agreement, the Bank confirms that if it keeps the securities of the Client/clients of the Bank in the securities account and/or nominee account opened in the name of the Bank, the Bank shall in no event keep in it with securities which are in the ownership of the Bank, with the purpose of securing the safekeeping of the securities of the Client/clients of the Bank entrusted with the Bank separately from its own assets The Bank shall inform the Client of all special conditions in relation to the keeping of the assets of the Client with third parties, except for the rights arising from the securities of the Client kept with a third party in the name of the Bank and in a nominee account, and except for the case of substitution, revocation or redemption of securities. If the Client still wants to be notified of the exercise of the voting right arising from the securities of the Client kept with a third party in the name of the Bank and/or in the nominee account, a corresponding additional agreement shall be concluded between the Bank and the Client. 3. PROVISION OF SERVICES RELATED TO SECURITIES 3.1. Unless otherwise provided in the Conditions or valid legislation, upon providing the services related to securities the Bank shall perform the transactions and operations with the securities registered in the Securities Account and shall provide other services related to securities on the basis of orders of the Client The subject of the investment services provided by the Bank under the Agreement is (i) the receipt and forwarding of orders of the Client related to securities, (ii) the exercise of client s orders related to securities in the name or account of the Client and (iii) the trade in securities on account of the Bank with the purpose of acquiring or transferring securities, except for derivative instruments or derivative contracts. In order to make transactions with such derivative instruments and derivative contracts as securities, a separate agreement shall be concluded between the Bank and Client (customer agreement on financial instruments) The subject of the investment ancillary services provided by the Bank to the Client is, among the provisions of clause 2 of the Conditions, the receipt of transfer and pledge orders, also orders related to encumbrance of financial securities from the Client, forwarding and exercise thereof and, at the initiative of the Bank, the provision of currency exchange services if those services are related to the investment services provided in clause 3.2 hereof. The conversion of currencies to be made by the Bank at the initiative of the Bank in connection with the transactions and operations made with the securities registered in the Securities Account shall be made according to the exchange rates of the Bank applicable at the conversion date The Client shall appoint hereby the Bank as its representative with the right to dispose of the securities held in the Securities Account according to the orders of the Client and the money in the Settlement Account according to clause 4.3 hereof. This clause of the Conditions represents an authorisation to be submitted by the Client to the Bank, under which the Client authorises the Bank to make transactions with

4 securities in the name and on account of the Client and at the order of the Client, and make any other operations arising from this Agreement. The aforementioned authorisation includes the right of the Bank to make transactions also with itself in the name and on account of the Client. By signing the Agreement, the Parties confirm that the Agreement contains an authorisation in the meaning of the Estonian Central Register of Securities Act 34 (1) An order of the Client (i) shall be formulated in writing and submitted to the Bank by giving it directly to a client support officer of any Bank office or (ii) shall be formulated electronically or (iii) communicated by phone according to the teleservices agreement concluded between the Client and Bank The Bank may establish a certain mandatory order format and order submission procedure, compliance with which is mandatory for the Client Upon submitting an order, the Client or a person submitting the order in the name of the Client is required to submit to the Bank the documents requested by the latter for identification of the Client or his/her or it representative and establishment of the authorities of the representative pursuant to the general conditions of the Bank. 3.8 The Bank shall receive the order of the Client for execution on each banking day at the time determined by the Bank. An order which is submitted after the time determined by the Bank for the submission of a corresponding order shall be accepted for execution by the Bank at the first possibility. The Bank is not liable for any potential damage arising from the further execution of such orders The Bank may refuse to receive an order of the Client if (i) the Securities Account for which the order is submitted is blocked or (ii) the order does not comply with the requirements established by the Bank or (iii) upon receipt of the order, its non-compliance with valid legislation and/or requirements established by the registrar of the register of securities or depository has been detected Upon receipt of an order, the Bank is not required to check compliance of the subject of the order with the valid legislation and/or requirements established by the registrar of the register of securities or depository Upon providing the investment services specified in clause 3.2 hereof, the Bank shall execute the orders of the Client each time according to the conditions set out in the best execution rules of the clients orders which are disclosed on the website of the Bank An order submitted to the Bank is valid until it is executed or declared invalid. The Bank may declare an order to be invalid if, before starting to execute the corresponding order or during its execution, even one of the following circumstances is present: in the opinion of the Bank the order does not comply with the Conditions, applicable legislation and/or the requirements established by the issuer, registrar or depository of securities related to the corresponding order; there are insufficient means in the Settlement Account and/or Securities Account for execution of the order and/or payment of service fees under the price list of the Bank related to the execution of the order; the Client has submitted to the Bank a request for declaring an order or its part to be invalid and the Bank has satisfied such request; the validity period specified in the order has expired If an order is declared invalid, the Bank may demand from the Client compensation for expenses incurred in relation to the execution of the order until then or its declaration as invalid The Bank may suspend the execution of an order if, before commencing or during the execution of the order, there arise any circumstances which are beyond the control of the Bank and which prevent the execution of the order. The Bank shall continue the execution of the order after the circumstances preventing thereof have ceased to exist The Bank shall submit to the Client information on the executed order in the form of a transaction confirmation. A transaction confirmation concerning the execution of an order given by the Client through the client support officer in the Bank office shall be submitted to the Client upon request on paper or upon a valid teleservices agreement via Internet (Internet bank). 4. SETTLEMENTS UPON PROVISION OF SERVICES RELATED TO SECURITIES 4.1. Any monetary settlements which are related to the use and disposal of the Securities Account, transactions and operations made with securities registered in the Securities Account, or the provision of services related to securities shall be made through the Settlement Account.

5 4.2. The Client is required during the entire period of holding the Securities Account not to close the Settlement Account related to the Securities Account To ensure the performance of the monetary obligations of the Client related to (i) the use and disposal of the Securities Account, (ii) the transactions and operations made with securities registered in the Securities Account, or (iii) the provision of the services related to the securities, to debit the corresponding amounts from the Settlement Account without an order of the Client Conversion of currencies to be made by the Bank in relation to the transactions and operations made with the securities registered in the Securities Account shall be performed according to the exchange rates of the Bank applicable at the moment of such conversion The Client is required to hold sufficient finances in the Settlement Account to ensure the performance of monetary obligations arising from the transactions and operations related to the use and disposal of the Securities Account and the provision of services related to securities, and also to ensure the payment of charges established by the Bank and other fees provided by the Conditions and its annexes. 5. RIGHTS AND OBLIGATIONS ARISING FROM SECURITIES 5.1. All the rights arising from the securities held or registered in the Securities Account belong to the Client and the obligations arising from the securities shall be performed by the Client, unless the legislation applicable to the corresponding nominee account and/or the rules established by the depository managing the corresponding nominee account prescribe otherwise The Client shall independently obtain information about securities belonging to him/her or it and the issuers of such securities (including the issue of new securities, the split of securities, changing the nominal value, a subscription rights, payment of dividends and interests, the merger, division, transformation, dissolution or bankruptcy of the issuer), unless the Conditions prescribe otherwise The Client can exercise the rights and obligations arising from the securities held by the Client and kept in the nominee account through the Bank by submitting a relevant order to the Bank or concluding an additional agreement in writing with the Bank All monetary payments (dividends, interest and other payments) made by the issuer of the securities on such securities of the Client held in the nominee account or redemption payments of securities shall be transferred by the Bank to the Client s Settlement Account after the receipt of such payments by the Bank If the Bank or an issuer making the corresponding payment or a depositary mediating the payment, a payment agent, etc., is required under the applicable legislation to withhold or pay state and/or local taxes, fees and other charges on payments made on securities, the Bank shall credit the Settlement Account of the Client to the extent of a corresponding net payment Payments on the securities of the Client held in the nominee account which are made by the issuers of such securities on account of the equity without making additional contributions (bonus issue) shall be registered by the Bank in the Securities Account after the receipt of such additional securities in the nominee account, or increasing the nominal value or estimated value of such securities in the nominee account Upon the additional issue of securities held in the nominee account where (i) as a result of the ownership of a corresponding security, the Client has the preemptive right to subscribe for and/or acquire a certain amount of securities to be additionally issued, and (ii) it is necessary to make payments to subscribe for and/or acquire the corresponding quantity of additionally issued securities, the Bank shall participate in the subscription for and acquisition of such securities only if the Client has submitted to the Bank a corresponding order in a timely manner and ensured that the Bank has at its disposal the corresponding finances in the Settlement Account Upon substitution, revocation or redemption of securities held in the nominee account by the issuer of such securities, the Bank shall perform the transactions and/or other legal acts for the performance of substitution, revocation or redemption of the corresponding securities of the Client The Bank is not required to notify the Client of any event and/or operation specified in clauses 5.3 through 5.8 (including) hereof. The Bank undertakes to perform other rights arising from securities not specified in the aforementioned clauses (including the voting right attached to securities) or obligations only upon a corresponding order of the Client.

6 5.10. If the Bank has information about the rights or obligations arising from securities or events that may affect the rights or obligations of the securities owner, the Bank may inform the Client thereof on the Bank s website or in any other manner. The Bank shall not be liable for the damages or costs that have been or may be caused to the Client as a result of non-informing of such rights or obligations The rights attached to the securities held in the Securities Account opened in the name of the Client in the Register shall be exercised by the Client independently via the Bank or without the intermediation of the Bank The Client shall compensate the Bank for any expenses incurred by the latter in relation to the exercise of the rights arising from the securities kept with a third person in the name of the Bank and/or in the nominee account. 6. DEBTS 6.1. In connection with debts which have arisen in connection with (i) the use and disposal of the Securities Account, or (ii) the performance of the transactions or operations with the securities in the Securities Account, or (iii) the provision of services related to the Securities Account and/or securities, the Bank has the right at its own discretion (without an order of the Client) to partially or fully block the use and disposal of the Securities Account. The Securities Account shall be released from blocking upon the deletion of the debt In addition to the provisions of clause 6.1 hereof, the Bank may, at any time and without a separate notice to the Client or a separate claim to the Client, make a claim for payment of any finances in any settlement account of the Client opened in the Bank If the debt of the Client has not been deleted within sixty (60) days as of the creation of the debt and if the finances in the settlement accounts of the Client in the Bank are not sufficient to delete the debt, the Bank may, at its own discretion, alienate any securities in the Securities Account of the Client in the necessary quantity and, on account of the finances received from the alienation, to delete the debt of the Client If the finances in the settlement accounts of the Client in the Bank and/or finances received from the sale of the securities of the Client are insufficient for deleting the debt of the Client, the Bank shall have the right of claim against the Client to the extent of the undeleted part of the debt pursuant to the procedure provided by law. 7. REPRESENTATIONS AND WARRANTIES OF THE CLIENT 7.1. The Client represents and warrants hereby that: (i) The Bank has notified the Client about its classification into a certain type of client according to the clients classification rules of the Bank and about the rights of the Client to request a different classification and the restrictions which may be related thereto in the protection level of the Client; (ii) The Client is aware that the Bank values the relevance of investment services/products (experience and knowledge of the Client) for the Client in accordance with the requirements of the Securities Market Act and internal regulations of the Bank /is applicable only to an retail client/; (iii) The Client agrees to the best execution rules of the clients orders before submitting each order related to securities to the Bank and agrees to disclosure of such rules only on the Bank s website upon making amendments to such rules the Client also agrees to notification thereof only on the Bank s website the Client confirms hereby that such rules have been communicated to him/her or it before the provision of the services arising from the Agreement; (iv) the Client agrees to the execution of his/her or it orders outside the regulated market; (v) the Bank has expressly warned the Client that if the provision of investment services or investment ancillary services is related to less complicated services, the subject of which is the receipt and forwarding of orders related to securities and/or execution of orders related to securities in the name or on account of the Client and such service is provided at the initiative of the Client, the Bank shall not assess the relevance of the corresponding service and/or offered security and the interests of the Client may be protected at a smaller regulative level; (vi) The Client has been submitted the entire information to be submitted by the Bank to the Client under the Securities Market Act and legislation arising therefrom on the Bank s website as follows: - information on the Bank and its services, including a brief overview of the policy for avoiding a conflict of interests; - information on securities (essence and risks); - information on the safekeeping and protection of the money and securities of the Client; - information on expenses and fees related thereto, whereas considering the context of provision of services related to the business activities between the Bank and Client and to securities, it is relevant and the Client has chosen hereby

7 and agrees to the disclosure of such information only on the Bank s website and does not request the submission of such information to him/her or it on paper; the Client confirms hereby that he or she has had sufficient time for examining the aforementioned information and is aware of the information specified in this sub-clause of the Conditions before the conclusion of the Agreement/provision of the service related to securities and that upon making changes in such information the Client has been given a notice thereof a sufficient time in advance on the Bank s website (vii) the Client expressly grants the Bank permission to keep his/her or it securities in nominee accounts with a third party, whereas the Client agrees hereby that the securities of other clients are also simultaneously kept with the third party in the name of the Bank and in the nominee accounts; (viii) the Client expressly gives the Bank the permission to pledge the securities in his/her or it ownership and not registered in the Register in the name of the Bank, if a corresponding claim arises for the Bank from the agreement concluded between the Bank and a third party (an operators of a securities settlement systems, foreign legal persons and other institutions which are subject to financial supervision and according to the law applicable to them, they have the right to keep securities in their own name and on behalf of another person etc., including credit institutions, depositaries and registers of securities), in relation to ensuring the performance of the obligations of the Bank arising from the said agreement. If the pledge has caused damage to the Client, the Bank undertakes to compensate the Client for direct proprietary damage upon the corresponding written request of the Client; (ix) the Client agrees to the right of the Bank to perform through securities financing transactions with the securities of the Client in the nominee account, the securities of the Client which the Bank keeps in the name of the Client or otherwise in order to use thereof on its own account or on account of any other client, and to the right of the Bank to make such transactions on the conditions specified by the Bank. If the financing transaction through the securities of the Client cause damage to the Client, the Bank undertakes to compensate the Client for the direct proprietary damage upon the corresponding written request of the Client; by signing the Agreement the Client confirms that by the provisions of this clause the Client is deemed to be notified by the Bank of the obligations and liability of the Bank upon using the securities of the Client. The financing transaction through securities is borrowing or lending of shares or other financial instruments, repurchase agreement, reverse repurchase agreement, purchase and resale transaction or sale and redemption transaction; (x) the Client expressly gives the Bank permission not to notify the Client of a situation where the Bank itself is the other party to the transaction made on the basis of the Client s order; (xi) the Client is aware that the Bank does not need to immediately disclose the Client s order with a fixed price for the security tradable on the regulated market, which is not subject to immediate execution on prevailing market conditions, except when the Bank deems such disclosure to be necessary or if the Client demands such disclosure. By signing the Agreement, the Client confirms that he or she agrees to such nondisclosure; (xii) the Client agrees to non-notification by the Bank of the rights attached to his/her or it securities held with a third person in the name of the Bank and/or nominee account; (xiii) before provision of services related to securities, the Client has been given by the Bank a sufficiently detailed notice of the general nature or also the source of the conflict of interests if the measures specified by the Bank in the internal rules for avoiding the conflict of interest do not ensure the prevention of the threat of damage to the interests of the Client in the given case; (xiv) the Client agrees to the submission of an order on the execution of the order in the manner specified by the Bank in clause 3.15 hereof. 8. LIABILITY OF THE BANK AND CLIENT 8.1. Direct proprietary damage caused to the Client upon managing the Securities Account or providing the services related to securities shall be compensated by the Bank only if such damage was caused to the Client directly as a result of the Bank s wrongful unlawful acts or failure to act The Bank is not liable for the nonperformance of a particular transaction or any other legal act due to circumstances beyond the control of the Bank, but also for damage to the Client arising from a delay in the performance of a particular transaction or provision of a particular service The Client is liable for damage caused to the Bank during the use and disposal of the Securities Account and provision of services related to securities pursuant to the procedure specified in the general conditions and the Conditions of the Bank The matter that the securities of the Client are held in the securities account opened in the

8 name of the Bank or in a nominee account with a third person shall not limit the liability of the Client in any manner Upon violation by the Client of the obligations specified in the Conditions, valid legislation or special agreements related to the Securities Account, the Bank may, among other things, suspend the provision of services related to securities to the Client. 9. VALIDITY, AMENDMENT AND TERMINATION OF THE AGREEMENT 9.1. The Agreement shall enter into force upon its signing and has been concluded for an indefinite period of time The Bank may unilaterally amend the Conditions if the Bank gives a prior notice of the amendments to the Client and provides a reasonable period of time for the cancellation of the Agreement, which may not be shorter than one (1) month. If the Client has not cancelled the Agreement within that time period, the Client is deemed to have agreed to the amendments to the Conditions The Client may cancel the Agreement at any time, including requesting the closing of the Securities Account, whereas the Securities Account shall be closed as of the moment of cancellation of the Agreement. Expiry of the Agreement does not affect the enforceability and satisfaction of the claims of the Client arisen before expiry of the Agreement The Bank may cancel the Agreement without a prior notice if the Client substantially violates the obligation arising from the Agreement. A substantial violation of an obligation arising from the Agreement which gives the Bank the right to cancel the Agreement includes the following circumstances: the Client has submitted to the Bank incorrect data or documents or refuses to submit the data or documents; any other good reason, if the Bank cannot be expected in the opinion of the Bank to continue the performance of the Contract given all the circumstances By closing the Securities Account, the Agreement specified in clause 2.4 hereof shall also expire. 10. FINAL PROVISIONS The Bank is required to ensure the confidentiality of all the data and circumstances related to the Client and the Securities Account, and to apply any measures in order to avoid the disclosure of information to third parties or availability thereof to third parties. The Bank shall submit the relevant information to third parties pursuant to the procedure provided by law, the general conditions or the Conditions of the Bank On the basis of a corresponding request in writing submitted to the Bank, the Client has the right to check the documents which are related to his/her or it Securities Account and/or the services related to securities provided by the Bank Upon using the services arising from the Conditions, the Client confirms that: (i) the Bank as a member of the Tallinn Stock Exchange (hereinafter: Stock Exchange) has notified him/her or it of the Bank s obligation to give the Stock Exchange, upon the request of the latter, the information on the Client and his/her or it transactions, (ii) the Client has given consent to submit information to the Stock Exchange, (iii) the Client is fully aware of the provisions of the Rules regulating his/her or it activities and undertakes to comply therewith, and (iv) in connection with the securities listed on the Stock Exchange, the Client is aware of his/her or it right to appeal against the activities of the Bank and if the reply of the Bank to such complaint does not satisfy the Client, a statement of claim shall be submitted to the Arbitral Tribunal of the Stock Exchange The Client is required to give the Bank, as a member of the Stock Exchange, information on his/her or it solvency upon the request of the Stock Exchange Disputes shall be resolved pursuant to the procedure provided in the general conditions of the Bank, except for the disputes specified in clause 10.7 hereof The Bank shall handle all the claims of the Client in connection with the securities listed on the Stock Exchange pursuant to the provisions of the Stock Exchange Rules Any disputes between the Bank and Client arising from the securities listed on the Stock Exchange or other matters related to the Stock Exchange which cannot be resolved by agreement of the parties shall be submitted to the Arbitral Court of the Stock Exchange and shall be finally resolved by the Arbitral Court of the Stock Exchange pursuant to the Rules of the Arbitral Tribunal of the Stock Exchange and the Conditions The Bank and Client shall treat the Arbitral Tribunal of the Stock Exchange as an arbitral tribunal in the meaning of the Securities Market Act.

9 10.9. The supervisory body exercising control over the Bank is the Financial Supervision Authority in Denmark Finanstilsynet, address: Aarhusgade 110, 2100 Copenhagen, Denmark; phone , fax , website: and to the extent stipulated by law the Financial Supervision Authority in Estonia, address; Sakala 4, Tallinn, Republic of Estonia; phone , fax , website: DANSKE BANK A/S ESTONIA BRANCH TERMS AND CONDITIONS OF THE AGREEMENT

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