Common use of Asset Protection Scheme Clause in Contracts

Asset Protection Scheme. Trade Republic joined the Compensatory Fund of Securities Trading Companies (hereinafter referred to as "XxX"). Pursuant to Sec. 6 para. 1 of the German Investor Compensation Act (Anlegerentschädigungsgesetz - “AnlEntG”), the XxX is established as a special fund of the German Federal Government with no legal capacity at the Kreditanstalt für Wiederaufbau (KfW). The AnlEntG is the legal basis for EdW's activities. XxX provides compensation in accordance with the AnlEntG if an assigned securities trading company runs into financial difficulties and is no longer able to meet its obligations to its Customers arising from securities transactions. The Federal Financial Supervisory Authority (BaFin) determines when this condition is met and publishes this decision in the Federal Gazette ("Bundesanzeiger"). The claim for compensation amounts to 90% of the investor's claim from securities transactions against Trade Republic, up to a maximum of EUR 20,000.00. There is no claim for compensation if funds are not denominated in the currency of an EU member state or in euros. Further reasons for exclusion are set out in Sec. 3 para. 2 AnlEntG. If Trade Republic itself has to file for insolvency and any payments resulting from securities transactions have not yet been booked to the Omnibus Trust Account, the Customer is protected by the XxX - as described above - up to an amount of EUR 20,000.00. However, transactions in crypto assets (i.e. also so-called currency tokens) that are tradable via Trade Republic do not count as securities transactions within the meaning of the AnlEntG (cf. Sec. 1 para. 2 no. 1 AnlEntG). Therefore, there is no statutory compensation scheme for transactions in crypto assets. The Trust Banks used by Trade Republic are affiliated with a statutory compensation scheme. Further information can be found in the information sheet for the depositor and on the website of the respective compensation institution. Trade Republic will inform the Customer of the relevant compensation scheme.

Asset Protection Scheme. Trade Republic joined is affiliated with the Compensatory Fund Compensation Scheme of Securities Trading Companies (Entschädigungseinrichtung der Wertpapierhandelsunternehmen – hereinafter referred to as "XxX"). Pursuant to Sec. 6 para. 1 (1) of the German Deposit Guarantee and Investor Compensation Act (Anlegerentschädigungsgesetz - – hereinafter “AnlEntG”), the XxX is established as a special fund of the German Federal Government with no legal capacity at the Credit Institute for Reconstruction (Kreditanstalt für Wiederaufbau (– hereinafter “KfW”). The AnlEntG is the legal basis for EdW's activities. the activities of XxX. XxX provides compensation in accordance with the AnlEntG if an assigned securities trading company runs into financial difficulties and is no longer able to meet its obligations to its Customers arising from securities transactionsSecurities Transactions. The Federal Financial Supervisory Authority (BaFin) BaFin determines when this condition is met and publishes this decision in the Federal Gazette ("Bundesanzeiger"). The claim for compensation amounts to 90% of the investor's claim from securities transactions Securities Transactions against Trade Republic, up to a maximum of EUR 20,000.00. There is no claim for compensation if funds are not denominated in the currency of an EU member state or in euros. Further reasons for exclusion are set out in Sec. 3 para. 2 (2) AnlEntG. If Trade Republic itself has to must file for insolvency and any payments resulting from securities transactions Securities Transactions have not yet been booked to the Omnibus Trust Account, the Customer is protected by the XxX - as described above - up to an amount of EUR 20,000.00. However, transactions in crypto assets Crypto Assets (i.e. i.e., also so-called currency tokens) that are tradable via Trade Republic do not count as securities transactions Securities Transactions within the meaning of the AnlEntG (cf. Sec. 1 para. 2 (2) no. 1 AnlEntG). Therefore, there is no statutory compensation scheme for transactions in crypto assetsCrypto Assets. The Trust Banks used engaged by Trade Republic are affiliated with a statutory compensation scheme. Further information can be found in the information sheet for the depositor and on the website of the respective compensation institution. Trade Republic will inform the Customer of the relevant compensation scheme.

Asset Protection Scheme. Trade Republic joined the Compensatory Fund of Securities Trading Companies (hereinafter referred to as "XxX"). Pursuant to Sec. 6 para. 1 of the German Investor Compensation Act (Anlegerentschädigungsgesetz - “AnlEntG”), the XxX is established as a special fund of the German Federal Government with no legal capacity at the Kreditanstalt für Wiederaufbau (KfW). The AnlEntG is the legal basis for EdW's activities. XxX provides compensation in accordance with the AnlEntG if an assigned securities trading company runs into financial difficulties and is no longer able to meet its obligations to its Customers arising from securities transactions. The Federal Financial Supervisory Authority (BaFin) determines when this condition is met and publishes this decision in the Federal Gazette ("Bundesanzeiger"). The claim for compensation amounts to 90% of the investor's claim from securities transactions against Trade Republic, up to a maximum of EUR 20,000.00. There is no claim for compensation if funds are not denominated in the currency of an EU member state or in euros. Further reasons for exclusion are set out in Sec. 3 para. 2 AnlEntG. If Trade Republic itself has to file for insolvency and any payments resulting from securities transactions have not yet been booked to the Omnibus Trust Account, the Customer is protected by the XxX - as described above - up to an amount of EUR 20,000.00. However, transactions in crypto assets (i.e. also so-called currency tokens) that are tradable via Trade Republic do not count as securities transactions within the meaning of the AnlEntG (cf. Sec. 1 para. 2 no. 1 AnlEntG). Therefore, there is no statutory compensation scheme for transactions in appropriée que le fonds de couverture détenu dans une catégorie de titres est au moins égale à la somme des fractions détenues par les Clients dans cette catégorie de titres. Le Client n'a pas droit à la livraison des fractions de la réserve de fonds de couverture pour les fractions ; en revanche, le Client peut disposer des fractions par vente (voir la clause 2.5 des Conditions particulières concernant les plan d'investissement programmé, Annexe 2.4 le Contrat-cadre). La garde des crypto-actifs, en revanche, sera effectuée par un crypto-dépositaire externe conformément à la clause 11 des « Conditions générales particulières pour la négociation de crypto-actifs » (Annexe 2.5 du Contrat-cadre). La garde des crypto-actifs xx xxxx dans des « Wallets centralisés » par le crypto assetsdépositaire mandaté par le Client conformément à ses conditions d'utilisation. The Trust Banks used by Trade Republic are affiliated with a statutory compensation scheme. Further information can be found in the information sheet for the depositor and on the website of the respective compensation institutionLe Client conclut à cet effet son propre contrat de garde de titres avec le crypto dépositaire via l'Application. Trade Republic will inform the Customer of the relevant compensation schemeelle-même n'assume pas la garde des crypto-actifs pour le Client.