Solely
for the purposes of the product governance requirements contained within: (a) EU Directive 2014 / 65 / EU on markets in financial instruments, as amended, or MiFID II; (b) Articles 9 and 10 of Commission Delegated Directive (EU) 2017/593 supplementing MiFID II; and (c) local implementing measures, together, the MiFID II Product Governance Requirements, and disclaiming all and any liability, whether arising in tort, contract or otherwise, which any «manufacturer» (
for the purposes of the MiFID II Product Governance Requirements) may otherwise have with respect thereto, the ADSs and
ordinary shares have been subject to a product approval process, which has determined that such securities are: (i) compatible with an end target market of
retail investors and
investors who meet the criteria of professional clients and eligible counterparties, each as defined in MiFID II; and (ii) eligible
for distribution through all distribution channels as are permitted by MiFID II, or the Target Market Assessment.