Common use of Client Categorisation Clause in Contracts

Client Categorisation. 4.1. According to Applicable Regulations, the Company has to categorise its Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. The categorization shall depend on the information provided by the Client in his Account Opening Application Form and according to the method of categorisation as this method is explained under the document “Client Categorisation Policy”. By accepting this Agreement, the Client accepts application of such method. The Company will inform the Client of his categorisation according to Applicable Regulations. The Client has the right to request different categorisation as per the provisions of the “Client Categorisation Policy”. Categorisation as a retail client offers greater protection. Retail clients are entitled to more detailed information under Applicable Regulations. The Company cannot enter into title transfer financial collateral arrangements with retail clients. Remuneration practices which could provide an incentive to the Company’s staff to recommend a particular financial instrument to a retail client when the Company could offer a different financial instrument which would better meet that client’s needs are also prohibited. In the case of professional clients and eligible counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations. 4.2. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Account Opening Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. 4.3. It is understood that the Company has the right to review the Client’s categorisation and change his categorisation if this is deemed necessary by the Company (subject to Applicable Regulations).

Client Categorisation. 4.1. According to Applicable Regulations, the Company has to categorise its Clients Cli ents in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. The categorization How- ever, the Company’s decision is not to deal with any Retail Clients and, therefore, if you do not qualify as a Professional Client or Eligible Counterparty, you will be rejected. If you qualify as either a Professional Client or Eligible Counterparty, your categorisation shall depend on the information provided by you in the Client in his Account Opening Application Form and according to the method of categorisation categorisation, as this method is explained under the document “Client Categorisation Policy”. By accepting this Agreement, the Client accepts application of such method. The Company will inform the Client of his categorisation according to Applicable RegulationsRegula- tions. The Client has the right to request different categorisation categorisation, as per the provisions of the “Client Categorisation Policy”. Categorisation You are requested to read the protections Retail Cli- ents are afforded but you will waive, once classified as a retail client offers greater protection. Retail clients are entitled to more detailed information under Applicable Regulations. The Company cannot enter into title transfer financial collateral arrangements with retail clients. Remuneration practices which could provide Professional Client or an incentive to Eligible Counterparty, in the Company’s staff to recommend a particular financial instrument to a retail client when the Company could offer a different financial instrument which would better meet that client’s needs are also prohibited. In the case of professional clients and eligible counterparties, the Company may agree to provide more limited information as provided by Applicable RegulationsClient Categorisation Policy. 4.2. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Account Opening Application Form and the Client has the responsibility to immediately im- mediately notify the Company in writing if such information changes at any time thereafter. 4.3. It is understood that the Company has the right to review the Client’s categorisation and change his categorisation if this is deemed necessary by the Company (subject to Applicable Applica- ble Regulations).

Client Categorisation. 4.1. According to Applicable Regulations, the Company has to categorise its Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. The categorization However, the Company’s decision is not to deal with any Retail Clients and, therefore, if you do not qualify as a Professional Client or Eligible Counterparty, you will be rejected. If you qualify as either a Professional Client or Eligible Counterparty, your categorisation shall depend on the information provided by you in the Client in his Account Opening Application Form and according to the method of categorisation categorisation, as this method is explained under the document “Client Categorisation Policy”. By accepting this Agreement, the Client accepts application of such method. The Company will inform the Client of his categorisation according to Applicable Regulations. The Client has the right to request different categorisation categorisation, as per the provisions of the “Client Categorisation Policy”. Categorisation You are requested to read the protections Retail Clients are afforded but you will waive, once classified as a retail client offers greater protection. Retail clients are entitled to more detailed information under Applicable Regulations. The Company cannot enter into title transfer financial collateral arrangements with retail clients. Remuneration practices which could provide Professional Client or an incentive to Eligible Counterparty, in the Company’s staff to recommend a particular financial instrument to a retail client when the Company could offer a different financial instrument which would better meet that client’s needs are also prohibited. In the case of professional clients and eligible counterparties, the Company may agree to provide more limited information as provided by Applicable RegulationsClient Categorisation Policy. 4.2. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Account Opening Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. 4.3. It is understood that the Company has the right to review the Client’s categorisation and change his categorisation if this is deemed necessary by the Company (subject to Applicable Regulations).

Client Categorisation. 4.1. According to Applicable Regulations, the Company has is obligated to categorise its Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. Client that are categorised as Retail enjoy the highest level of protection compared to Professional Clients or Eligible Counterparties; 4.2. The Company will inform the Client of his/ her categorisation according to Applicable Regulations. The Client has the right to request different categorization. Where the Client wishes to be governed by the Applicable Regulations and the Company’s Client Categorisation, for Professional Client or Eligible Counterparty, then the Client must inform the Company in writing, clearly stating such a wish. The final decision for the changing of the Client’s Categorisation will be at the sole discretion of the Company. The Company will notify the Client in writing to inform him/ her of his/ her loss of certain regulatory protections prior to agreeing a re-categorization request. The categorisation shall depend on the information provided by the Client in his Account Opening Application Form to the Company and according to the method of categorisation as this method is explained under the document “Client Categorisation Policy”Categorisation” on this Website. By accepting this Agreement, the Client accepts application of such method. The Company will inform the Client of his categorisation according to Applicable Regulations. The Client has the right to request different categorisation as per the provisions of the “Client Categorisation Policy”. Categorisation as a retail client offers greater protection. Retail clients are entitled to more detailed information under Applicable Regulations. The Company cannot enter into title transfer financial collateral arrangements with retail clients. Remuneration practices which could provide an incentive to the Company’s staff to recommend a particular financial instrument to a retail client when the Company could offer a different financial instrument which would better meet that client’s needs are also prohibited. In the case of professional clients and eligible counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations.; 4.24.3. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Account Opening Application Registration Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter.; 4.34.4. It is understood that the Company has the right to review the Client’s categorisation Categorisation and change his categorisation Categorisation if this is deemed necessary by the Company (subject to Applicable Regulations).

Client Categorisation. 4.1. According to Applicable Regulations, the Company has to categorise its Clients in one of the following categories: Retail Client, Professional Client or Eligible Counterparty. The categorization categorisation shall depend on the information provided by the Client in his Account Opening Application Form and according to the method of categorisation as this method is explained under the document “Client Categorisation Classification Policy”. By accepting this Agreement, the Client accepts application of such method. The Company will inform the Client of his categorisation according to Applicable Regulations. The Client has the right to request different categorisation as per the provisions of the “Client Categorisation Classification Policy”. Categorisation as a retail client offers greater protection. Retail clients are entitled to more detailed information under Applicable Regulations. The Company cannot enter into title transfer financial collateral arrangements with retail clients. Remuneration Renumeration practices which could provide an incentive to the Company’s staff to recommend a particular financial instrument to a retail client when the Company could offer a different financial instrument which would better meet that client’s needs are also prohibited. In the case of professional clients and eligible counterparties, the Company may agree to provide more limited information as provided by Applicable Regulations. 4.2. The Client accepts that when categorising the Client and dealing with him, the Company will rely on the accuracy, completeness and correctness of the information provided by the Client in his Account Opening Application Form and the Client has the responsibility to immediately notify the Company in writing if such information changes at any time thereafter. 4.3. It is understood that the Company has the right to review the Client’s categorisation and change his categorisation if this is deemed necessary by the Company (subject to Applicable Regulations).