Common use of Management of Conflicts of Interest Clause in Contracts

Management of Conflicts of Interest. Trade Republic has taken precautions to ensure that potential conflicts of interest between Trade Republic, Trade Republic's management and employees, or other persons directly or indirectly related to Trade Republic by control, and the Customer, or among Customers themselves, do not affect Customer interests. Conflicts of interest may arise at Trade Republic between Trade Republic and its Customers, relevant persons employed by Trade Republic or associated with Trade Republic, including senior management, persons associated with Trade Republic by control and other third parties in the investment services provided by Trade Republic. Conflicts of interest may arise in particular: - from Trade Republic's own (revenue) interest in the sale of financial instruments; - in case of receipt or granting of benefits from third parties or to third parties in connection with securities services or transactions in crypto assets for the Customer (for example, settlement cost allowances from Execution Venues or counterparties for the routing of Customer orders by Trade Republic); - through performance-based compensation of Trade Republic's management and/or employees; - by granting benefits to Trade Republic employees; - from Trade Republic's relationships with issuers of financial instruments; - by obtaining information that is not publicly known; - from personal relationships of Trade Republic's employees or management or persons associated with them, or - in the participation of these persons in supervisory or advisory boards. Trade Republic itself, as well as its management, are obliged, in accordance with the legal basis, to provide the aforementioned investment services and ancillary investment services honestly, fairly and professionally in the interest of the Customer and to avoid conflicts of interest as far as possible. To this end, Trade Republic has taken organizational precautions to identify and counteract such conflicts of interest. At Trade Republic, both the management itself and the compliance area are responsible for preventing and managing conflicts of interest. The compliance department is headed by an independent compliance officer. Specifically, Trade Republic takes the following measures, among others, to avoid conflicts of interest: - All employees for whom conflicts of interest may arise in the course of their work are required to disclose all their transactions in financial instruments. Employee transactions that may conflict with Customer interests are not permitted; - Transparency in pricing; - Ongoing control of all transactions Trade Republic makes, executes and forwards for its Customers;