Common use of Product Risk Information Clause in Contracts

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Agreement: • transferable securities • money market instruments • units in collective investment undertakings • options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • derivative instruments for the transfer of credit risk • financial contracts for differences • other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: • credit risk • market risk • liquidity risk • interest rate risk • FX risk, business, operational and insolvency risk • the risks of OTC, as opposed to on-exchange, trading, in terms of issues like the clearing house “guarantee”, transparency of prices and ability to close out positions • contingent liability risk • regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice.

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Agreement: • transferable securities • money market instruments • units in collective investment undertakings • options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • - commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • - climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • derivative instruments for the transfer of credit risk • financial contracts for differences • other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: • credit risk • market risk • liquidity risk • interest rate risk • FX risk, business, operational and insolvency risk • the risks of OTC, as opposed to on-exchange, trading, in terms of issues like the clearing house “guarantee”, transparency of prices and ability to close out positions • contingent liability risk • regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice.

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Agreement: • · transferable securities • · money market instruments • · units in collective investment undertakings • · options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • - commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • - climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • · derivative instruments for the transfer of credit risk • · financial contracts for differences • · other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: • · credit risk • · market risk • · liquidity risk • · interest rate risk • · FX risk, business, operational and insolvency risk • · the risks of OTC, as opposed to on-exchange, trading, in terms of issues like the clearing house “"guarantee”", transparency of prices and ability to close out positions • · contingent liability risk • · regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice. Receiving orders in the context of custody services Whenever Citi is given an order by you in relation to its acting as custodian of the Assets (as defined in this Agreement), Citi's role is restricted to reception and transmission of the order, unless Citi acts as discretionary investment manager of Cash Collateral pursuant to Schedule 5 of this Agreement. Citi does not execute orders as part of custody services though Citi may pass the order to a Citi affiliate for execution where appropriate. Securities held in a clearance system may be subject to a lien or other security interests under the rules, terms and conditions of the relevant clearance system. Citi may register financial instruments which are subject to the law or market practice of certain jurisdictions in the name of a third party or Citi itself. Where our relationship is also subject to standard industry terms of business, those terms may be updated in due course. When this happens, the terms will be made available to you in an appropriate manner (which may include via a page on our website).

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Agreement: • transferable securities • money market instruments • units in collective investment undertakings • options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • - commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • - climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • derivative instruments for the transfer of credit risk • financial contracts for differences • other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: • credit risk • market risk • liquidity risk • interest rate risk • FX risk, business, operational and insolvency risk • the risks of OTC, as opposed to on-exchange, trading, in terms of issues like the clearing house “"guarantee”", transparency of prices and ability to close out positions • contingent liability risk • regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice. Receiving orders in the context of custody services Whenever Citi is given an order by you in relation to its acting as custodian of the Assets (as defined in this Agreement), Citi's role is restricted to reception and transmission of the order, unless Citi acts as discretionary investment manager of Cash Collateral pursuant to Schedule 5 of this Agreement. Citi does not execute orders as part of custody services though Citi may pass the order to a Citi affiliate for execution where appropriate. Securities held in a clearance system may be subject to a lien or other security interests under the rules, terms and conditions of the relevant clearance system. Citi may register financial instruments which are subject to the law or market practice of certain jurisdictions in the name of a third party or Citi itself. Where our relationship is also subject to standard industry terms of business, those terms may be updated in due course. When this happens, the terms will be made available to you in an appropriate manner (which may include via a page on our website).

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Agreement: • transferable securities • money market instruments • units in collective investment undertakings • options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • - commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • - climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • derivative instruments for the transfer of credit risk • financial contracts for differences • other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: • credit risk • market risk • liquidity risk • interest rate risk • FX risk, business, operational and insolvency risk • the risks of OTC, as opposed to on-exchange, trading, in terms of issues like the clearing house “"guarantee”", transparency of prices and ability to close out positions • contingent liability risk • regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice.

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Agreement: • · transferable securities • · money market instruments • · units in collective investment undertakings • · options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • - commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • - climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • · derivative instruments for the transfer of credit risk • · financial contracts for differences • · other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: • · credit risk • · market risk • · liquidity risk • · interest rate risk • · FX risk, business, operational and insolvency risk • · the risks of OTC, as opposed to on-exchange, trading, in terms of issues like the clearing house “"guarantee”", transparency of prices and ability to close out positions • · contingent liability risk • · regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice.

Product Risk Information. Citi may provide you with services in relation to all types of financial instruments. The following is a list of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following financial instruments are relevant to this Custody Agreement: •  transferable securities •  money market instruments •  units in collective investment undertakings •  options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: •  commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility •  climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics •  derivative instruments for the transfer of credit risk •  financial contracts for differences •  other derivative contracts In deciding to deal with Citi in such products generally, and in any particular case, you will have already assessed the risks involved in those products and in any related services and strategies which, in any particular case may (as relevant) include any of, or a combination of any of, the following: •  credit risk •  market risk •  liquidity risk •  interest rate risk • FX  foreign exchange risk, business, operational and insolvency risk •  the risks of OTC"over-the-counter", as opposed to on-exchange, trading, in terms of issues like the clearing house “"guarantee”", transparency of prices and ability to close out positions •  contingent liability risk •  regulatory and legal risk In relation to any particular product or service there may be particular risks which are drawn to your attention in the relevant terms sheet, offering memorandum or prospectus. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice.

Product Risk Information. Citi The services provided to you under the Custody Terms may provide you with services relate to financial instruments (as listed in relation to all types Section C of Annex I of Directive 2014/65/EU). Investing in financial instruments. The following is instruments involves a list degree of such instruments based on the list set out in Annex 1 of MiFID. For the avoidance of doubt, the product risk information contained in this paragraph 6 is only given insofar as the following and some financial instruments are relevant to this Agreement: • transferable securities • money market instruments • units more risky than others. Prices can fall as well as rise and there is a risk you may lose some or all of your investment in collective investment undertakings • options, futures, swaps, forward rate agreements and any other derivatives contracts relating to: • commodities, whether cash and/or physical settled and whether or not traded on a regulated market and/or multilateral trading facility • climatic variables, freight rates, commission allowances or inflation rates or other official economic statistics • derivative instruments for the transfer of credit risk • financial contracts for differences • other derivative contracts In instrument. Before deciding to deal with Citi transact in such products any financial instrument generally, and in any particular case, you will have already assessed the risks involved inherent in those products financial instruments and in any related services and strategies which, in any particular case may (as relevant) which include any of, or a combination of any of, but are not limited to the following: • credit risk risk; • market risk (including the impact of positive and negative market conditions); • liquidity risk risk; • volatility risk; • limitations on the available market; • impediments or restrictions on divestment (including possible exit methods and their consequences, possible constraints on and the estimated timeframe for sale); • interest rate risk risk; • stabilisation risk; • dividend risk; • risks relating to leverage; • margin requirements or similar obligations; • FX risk, business, operational and insolvency risk (including related events such as bail-in); • issuer risk • the risks of OTC, as opposed to on-exchange, trading, in terms exchange trading (such as the nature of issues like the clearing house “guaranteeguarantees”, transparency of prices and ability to close out positions positions); • contingent liability risk risk; • tax, regulatory and legal risk In risk; and • whether you may assume, as the result of the investment, financial commitments or other additional obligations, including contingent liabilities additional to the cost of acquiring the investment. You should also read any relevant documentation, for example term sheets and offering memoranda, which may highlight a non-exhaustive set of additional risks particular to the financial instruments. You should not rely on such highlighted risks as being the only risks in relation to a financial instrument. The Custodian may provide services in respect of financial instruments for which the identified target market for those financial instruments is limited to professional clients as well as those for which the target market for those financial instruments is professional and retail clients. Some of these financial instruments may be unsecured financial instruments issued or entered into by “BRRD Entities” (i.e. EU entities within the scope of Directive 2014/59/EU (the “BRRD”), including EU credit institutions, certain EU investment firms and / or their EU subsidiaries or parents) (“BRRD Financial Instruments”). As set out below, there are certain risks connected to BRRD Financial Instruments which we are required by regulatory guidance to disclose to you. Under the BRRD, national authorities (“Resolution Authorities”) have various statutory resolution powers to manage BRRD Entities which are failing or likely to fail. These resolution powers include to (a) transfer, or sell, all or some of the shares or other instruments of ownership issued by, or some or all of the assets, rights or liabilities of a BRRD Entity to a bridge bank, potentially limiting the capacity of the BRRD Entity to meet repayment obligations; (b) reduce to zero the outstanding amount due in respect of BRRD Financial Instruments, or convert any particular product such BRRD Financial Instruments into ordinary shares or service other instruments of ownership in order to stabilise and absorb losses at the BRRD Entity; and (c) except for certain secured liabilities, amend or alter the maturity of BRRD Financial Instruments issued or entered into by a BRRD Entity or amend or suspend any amount of interest payable under such BRRD Financial Instrument. The impact of resolution powers on BRRD Financial Instruments, and liabilities or obligations of a BRRD Entity in resolution, depend on the rank of the instrument, liability or obligation in the resolution creditor hierarchy. This rank may have changed due either to the specified order of preference for the bail-in tool or due to the introduction of preference in the hierarchy for deposits from natural persons, micro, small and medium sized enterprises. The BRRD requires the resolution powers to be exercised in accordance with the general principle that no creditor shall incur greater losses than would have been incurred if the BRRD Entity had been wound up under normal insolvency proceedings. This means that you may have a right to compensation if the exercise of a BRRD resolution power results in less favourable treatment for you than the treatment that you would have received under normal insolvency proceedings. This assessment must be based on an independent valuation of the BRRD Entity and compensation payments, if any, may be considerably later than contractual payment dates (in the same way that there may be particular risks which are drawn to your attention a delay in recovering value in the relevant event of insolvency). The prices, volatility and liquidity of any market in BRRD Financial Instruments may be impacted by the use, or anticipated use, of any resolution power by any Resolution Authority. In particular, existing liquidity arrangements (for example, re-purchase agreements by the issuing BRRD Entity) might not protect you from having to sell BRRD Financial Instruments at a substantial discount in case of financial distress of the issuing BRRD Entity. The use of any power by an applicable Resolution Authority may materially adversely affect your rights under any BRRD Financial Instrument, the market value of any BRRD Financial Instrument and/or a BRRD Entity’s ability to satisfy any liabilities or obligations it has to you. In deciding to appoint Citi, you confirm that you are aware of the resolution powers under the BRRD which may be exercised in respect of a BRRD Entity and the potential consequences on any BRRD Financial Instrument or other liability or obligation of a BRRD Entity. There may be analogous legislation relating to recovery and resolution of failing financial institutions in other jurisdictions (including, without limitation, the United States) in which Citi and its affiliates operate. Such legislation may be on terms sheet, offering memorandum similar to (or prospectusmore onerous than) the BRRD. You must not rely on the above as investment advice based on your personal circumstances, nor as a recommendation to enter into any of the services or invest in any of the products listed above. Where you are unclear as to the meaning of any of the above disclosures or warnings, we would strongly recommend that you seek independent legal or financial advice.