Common use of Early closing and allocation of the Bonds Clause in Contracts

Early closing and allocation of the Bonds. Early closing of the Subscription Period could occur at any time as from the first day (including during the day) of the Subscription Period. In the event of early closing, the investors were informed of the date and time of such early closing by the Joint Lead Managers or the financial intermediary through which they have introduced their demand in accordance with the arrangements in place between parties. The Subscription Period was closed early by the Issuer with the approval of the Joint Lead Managers on 19 June 2013, since the nominal amount of the Bonds reached EUR 30,000,000.-. The investors were informed of the number of Bonds that were assigned to them on 19 June 2013. In general, investors' attention was drawn to the fact that it was possible, in case of oversubscription, that they did not obtain the full amount to which they had subscribed to and that their subscription would in this case be reduced.

Early closing and allocation of the Bonds. Early closing of the Subscription Period could occur at any time as from the first day (including during the day) of the Subscription Period. In the event of early closing, the investors were informed of the date and time of such early closing by the Joint Lead Managers or the financial intermediary through which they have introduced their demand in accordance with the arrangements in place between parties. The Subscription Period was closed early by the Issuer with the approval of the Joint Lead Managers on 19 June 201320 May 2014, since the nominal amount of the Bonds reached EUR 30,000,000.-30,000,000. The investors were informed of the number of Bonds that were assigned to them on 19 June 201320 May 2014. In general, investors' attention was drawn to the fact that it was possible, in case of oversubscription, that they did not obtain the full amount to which they had subscribed to and that their subscription would in this case be reduced.

Early closing and allocation of the Bonds. ‌ Early closing of the Subscription Period could occur at any time as from the first day (including during the day) of the Subscription Period. In the event of early closing, the investors were informed of the date and time of such early closing by the Joint Lead Managers or the financial intermediary through which they have introduced their demand in accordance with the arrangements in place between parties. The Subscription Period was closed early by the Issuer with the approval of the Joint Lead Managers on 19 June 201320 May 2014, since the nominal amount of the Bonds reached EUR 30,000,000.-30,000,000. The investors were informed of the number of Bonds that were assigned to them on 19 June 201320 May 2014. In general, investors' attention was drawn to the fact that it was possible, in case of oversubscription, that they did not obtain the full amount to which they had subscribed to and that their subscription would in this case be reduced.