Common use of Primary Clause in Contracts

Primary. Secondary 1.3 Postgraduate Degree or professional qualification In non-finance related subjects 1.2 University Degree 1.4 Postgraduate degree or professional qualification in finance related subjects or employment for the past 5 years in a position requiring financial knowledge NON-COMPLEX FINANCIAL INSTRUMENTS such as shares, bonds, 2.1 2.2 debentures, UCITs. (Mark where applicable) COMPLEX FINANCIAL INSTRUMENTS such as Rights, Warrants, Options, Futures, Swaps, Forward-rate agreements and other Derivative contracts, 2.3 2.4

Primary. Secondary 1.3 Postgraduate Degree or professional qualification In non-finance related subjects 1.2 University Degree 1.4 Postgraduate degree or professional qualification in finance related subjects or employment for the past 5 years in a position requiring financial knowledge NON-COMPLEX FINANCIAL INSTRUMENTS such as shares, bonds, 2.1 2.2 debentures, UCITs. (Mark Xxxx where applicable) COMPLEX FINANCIAL INSTRUMENTS such as Rights, Warrants, Options, Futures, Swaps, Forward-rate agreements and other Derivative contracts, 2.3 2.4

Primary. Secondary 1.3 Postgraduate Degree or professional qualification In non-finance related subjects 1.2 University Degree 1.4 Postgraduate degree or professional qualification in finance related subjects or employment for the past 5 years in a position requiring financial knowledge NON-COMPLEX FINANCIAL INSTRUMENTS such as shares, bonds, 2.1 2.2 debentures, UCITs. (Mark Xxxx where applicable) COMPLEX FINANCIAL INSTRUMENTS such as Rights, Warrants, Options, Futures, Swaps, Forward-rate agreements and other Derivative contracts, 2.3 2.4