Common use of General Remarks Clause in Contracts

General Remarks. The choice of the appropriate investment strategy requires a careful examination of your personal risk capacity and risk tolerance. The risk appetite, investment objectives and investment time horizon are the bases for the choice of your personal investment strategy. The following questions are intended to assist you in making your choice of strategy. Knowledge and experience 1. What knowledge do you have of investing in securities? Basic knowledge Advanced knowledge Comprehensive knowledge 2. What practical experience do you have in investing in securities? none or little experience medium experience extensive experience Risk profile Questions on risk capacity 1. What is your primary aim with the investment of your pension capital? Preservation of capital (limited risk of loss but also limited potential for appreciation in value) 2 P. Combination of preservation of capital and asset growth 4 P. Asset growth (greater potential for appreciation in value with increased risk of loss) 6 P. 2. When do you anticipate withdrawing all or some of your pension capital? less than 3 years 2 P. 4 to 8 years 4 P. 9 to 15 years 6 P. more than 15 years 8 P. 3. What percentage of your total assets does your pension capital currently represent? >75% 2 P. 51% - 75% 4 P. 25% - 50% 6 P. < 25% 8 P. Questions on risk tolerance 1. How high is your risk tolerance in the event of negative fluctuations in value? I do not wish to accept any temporary negative developments in prices. 0 P. up to approx. 10% decline in value 2 P. up to approx. 20% decline in value 4 P. up to approx. 30% decline in value 6 P. > 30% decline in value 8 P. 2. How would you react if your pension capital were to temporarily lose 15% in value? immediately sell all securities 0 P. switch to a more conservative investment strategy 2 P. stay with the chosen investment strategy 6 P. switch to a higher risk investment strategy 8 P. 3. With which of the following price developments do you feel comfortable? Price development A (2 P.) Price development B (6 P.) Price development C (8 P.) Risk profile analysis Total points for risk capacity: ..................................... Total points for risk tolerance: …………………………

General Remarks. The choice of the appropriate investment strategy requires a careful examination of your personal risk capacity and risk tolerance. The risk appetite, investment objectives and investment time horizon are the bases for the choice of your personal investment strategy. The following questions are intended to assist you in making your choice of strategy. Knowledge and experience 1. What knowledge do you have of investing in securities? Basic knowledge Advanced knowledge Comprehensive knowledge 2. What practical experience do you have in investing in securities? none or little experience medium experience extensive experience Risk profile Questions on risk capacity 1. What is your primary aim with the investment of your pension capital? Preservation of capital (limited risk of loss but also limited potential for appreciation in value) 2 P. Combination of preservation of capital and asset growth 4 P. Asset growth (greater potential for appreciation in value with increased risk of loss) 6 P. 2. When do you anticipate withdrawing all or some of your pension capital? less than 3 years 2 P. 4 to 8 years 4 P. 9 to 15 years 6 P. more than 15 years 8 P. 3. What percentage of your total assets does your pension capital currently represent? >75% 2 P. 51% - 75% 4 P. 25% - 50% 6 P. < 25% 8 P. Questions on risk tolerance 1. How high is your risk tolerance in the event of negative fluctuations in value? I do not wish to accept any temporary negative developments in prices. 0 P. up to approx. 10% decline in value 2 P. up to approx. 20% decline in value 4 P. up to approx. 30% decline in value 6 P. > 30% decline in value 8 P. 2. How would you react react, if your pension capital were to temporarily lose 15% in value? immediately sell all securities 0 P. switch to a more conservative investment strategy 2 P. stay with the chosen investment strategy 6 P. switch to a higher risk investment strategy 8 P. 3. With which of the following price developments do you feel comfortable? Price development A (2 P.) Price development B (6 P.) Price development C (8 P.) Risk profile analysis Total points for risk capacity: ..................................... Total points for risk tolerance: …………………………

General Remarks. The choice of the appropriate investment strategy requires a careful examination of your personal risk capacity and risk tolerance. The risk appetite, investment objectives and investment time horizon are the bases for the choice of your personal investment strategy. The following questions are intended to assist you in making your choice of strategy. Knowledge and experience 1. What knowledge do you have of investing in securities? Basic knowledge Advanced knowledge Comprehensive knowledge 2. What practical experience do you have in investing in securities? none or little experience medium experience extensive experience Risk profile Questions on risk capacity 1. What is your primary aim with the investment of your pension capital? Preservation of capital (limited risk of loss but also limited potential for appreciation in value) 2 P. Combination of preservation of capital and asset growth 4 P. Asset growth (greater potential for appreciation in value with increased risk of loss) 6 P. 2. When do you anticipate withdrawing all or some of your pension capital? less than 3 years 2 P. 4 to 8 years 4 P. 9 to 15 years 6 P. more than 15 years 8 P. 3. What percentage of your total assets does your pension capital currently represent? >75% 2 P. 51% - 75% 4 P. 25% - 50% 6 P. < 25% 8 P. Questions on risk tolerance 1. How high is your risk tolerance in the event of negative fluctuations in value? I do not wish to accept any temporary negative developments in prices. 0 P. up to approx. 10% decline in value 2 P. up to approx. 20% decline in value 4 P. up to approx. 30% decline in value 6 P. > 30% decline in value 8 P. 2. How would you react react, if your pension capital were to temporarily lose 15% in value? immediately sell all securities 0 P. switch to a more conservative investment strategy 2 P. stay with the chosen investment strategy 6 P. switch to a higher risk investment strategy 8 P. 3. With which of the following price developments do you feel comfortable? Price development A (2 P.) Price development B (6 P.) Price development C (8 P.) Risk profile analysis Total points for risk capacity: ..................................... Total points for risk tolerance: ……………………………… Risk classes (The lower total number of points from risk capacity and risk tolerance determines your risk class): very low (≤ 5 points) represents a low-risk investment strategy or savings account solution