Common use of Quotas used up Clause in Contracts

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (( sell orders will still be acceptedaccepted ) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued continue to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Northbound investments in the SSE Securities will be traded and settled in Renminbi (RMB). If the Customer holds a local currency other than RMB, the Customer will be exposed to currency risk if the Customer invests in a RMB product due to the need for the conversion of the local currency into RMB. During the conversion, the Customer will also incur currency conversion costs. Even if the price of the RMB asset remains the same when the Customer purchases it and when the Customer redeems / sells it, the Customer will still incur a loss when you convert the redemption / sale proceeds into local currency if RMB has depreciated. For Client who keeps their A-shares outside GNS, if he wants to sell certain A-shares he holds, he must transfer those A-shares to the respective accounts of GNS before the market opens on the day of selling (T day). If he fails to meet this deadline, he will not be able to sell those A-shares on T day. In investing in A-share via the Northbound trading, Hong Kong and overseas investors are prohibited from naked short selling in A-shares. In selling A-shares via the Northbound trading, Hong Kong and overseas investors are not allowed to participate in any securities lending on the Mainland. The Client should note that Northbound trading under Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement daysnot be covered by Hong Kong's Investor Compensation Fund. So it is possible that there are occasions when it is a normal trading day for the Mainland market but As far as Hong Kong investors canparticipating in Northbound trading are concerned, since they are carrying out Northbound trading through securities brokers in Hong Kong and these brokers are not carry out any Mainland brokers, they are not protected by China Securities Investor Protection Fund on the Mainland as well. Under Shanghai Hong Kong Stock Connect, A-share trading. Client should take note listed companies and trading of A-share are subject to market rules and disclosure requirements of the days A-share market. Any changes in laws, regulations and policies of the A-share market or rules in relation to Shanghai-Hong Kong Stock Connect is open for business may affect share prices. The Client should also take note of the foreign shareholding restrictions and decide according disclosure obligations applicable to Client’s own risk tolerance capability whether or not A-shares. The Client will be subject to take restrictions on the risk trading (including restriction on retention of price fluctuations proceeds) in A-shares as a result of its interest in the A-shares. The Client is solely responsible for compliance with all notifications, reports and relevant requirements in connection with its interests in A-shares. Under the current Mainland rules, once an investor holds up to 5% of the shares of a company listed on the SSE, the investor is required to disclose his interest within three working days and during which he cannot trade the time when shares of that company. The investor is also required to disclose any change in his shareholding and comply with related trading restrictions in accordance with the Mainland rules. In addition, under the Mainland practices, Hong Kong and overseas investors as beneficial owners of A-shares traded via Shanghai-Hong Kong Stock Connect is cannot tradingappoint proxies to attend shareholders’ meetings on their behalf. Client must ensure to have sufficient shares in their accounts opened with A stock may be recalled from the Broker when placing sell orders scope of eligible stocks for trading Shanghai via Shanghai-Hong Kong Stock Exchange SecuritiesConnect for various reasons, and in such event the stock can only be sold but restricted from being bought. If This may affect the shares are kept in an account opened with another Exchange Participant investment portfolio or a custodian, strategies of the Client. The Client must first transfer the shares should therefore pay close attention to the Broker list of eligible stocks as provided and renewed from time to time by the SSE and the Exchange. Under Shanghai-Hong Kong Stock Connect, the Client will only be allowed to sell A-share but restricted from further buying if: (i) the A-share subsequently ceases to be a constituent stock of the relevant indices; (ii) the A-share is subsequently under "risk alert" ; and / or (iii) the corresponding H share of the A-share subsequently ceases to be traded on the day before trading day in order Exchange. The Client should also note that price fluctuation limit would be applicable to sell the share on trading dayA-shares. The above may not cover all risks related to Shanghai-Hong Kong Stock Connect and any above mentioned laws, rules and regulations are subject to change.

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (( sell orders will still be acceptedaccepted ) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued continue to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Northbound investments in the SSE Securities will be traded and settled in Renminbi (RMB). If the Customer holds a local currency other than RMB, the Customer will be exposed to currency risk if the Customer invests in a RMB product due to the need for the conversion of the local currency into RMB. During the conversion, the Customer will also incur currency conversion costs. Even if the price of the RMB asset remains the same when the Customer purchases it and when the Customer redeems / sells it, the Customer will still incur a loss when you convert the redemption / sale proceeds into local currency if RMB has depreciated. For Client who keeps their A-shares outside SW, if he wants to sell certain A-shares he holds, he must transfer those A-shares to the respective accounts of SW before the market opens on the day of selling (T day). If he fails to meet this deadline, he will not be able to sell those A-shares on T day. In investing in A-share via the Northbound trading, Hong Kong and overseas investors are prohibited from naked short selling in A- shares. In selling A-shares via the Northbound trading, Hong Kong and overseas investors are not allowed to participate in any securities lending on the Mainland. The Client should note that Northbound trading under Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement daysnot be covered by Hong Kong's Investor Compensation Fund. So it is possible that there are occasions when it is a normal trading day for the Mainland market but As far as Hong Kong investors canparticipating in Northbound trading are concerned, since they are carrying out Northbound trading through securities brokers in Hong Kong and these brokers are not carry out any Mainland brokers, they are not protected by China Securities Investor Protection Fund on the Mainland as well. Under Shanghai Hong Kong Stock Connect, A-share trading. Client should take note listed companies and trading of A-share are subject to market rules and disclosure requirements of the days A-share market. Any changes in laws, regulations and policies of the A-share market or rules in relation to Shanghai-Hong Kong Stock Connect is open for business may affect share prices. The Client should also take note of the foreign shareholding restrictions and decide according disclosure obligations applicable to Client’s own risk tolerance capability whether or not A-shares. The Client will be subject to take restrictions on the risk trading (including restriction on retention of price fluctuations proceeds) in A-shares as a result of its interest in the A-shares. The Client is solely responsible for compliance with all notifications, reports and relevant requirements in connection with its interests in A-shares. Under the current Mainland rules, once an investor holds up to 5% of the shares of a company listed on the SSE, the investor is required to disclose his interest within three working days and during which he cannot trade the time when shares of that company. The investor is also required to disclose any change in his shareholding and comply with related trading restrictions in accordance with the Mainland rules. In addition, under the Mainland practices, Hong Kong and overseas investors as beneficial owners of A-shares traded via Shanghai- Hong Kong Stock Connect cannot appoint proxies to attend shareholders’ meetings on their behalf. A stock may be recalled from the scope of eligible stocks for trading via Shanghai-Hong Kong Stock Connect is not tradingfor various reasons, and in such event the stock can only be sold but restricted from being bought. This may affect the investment portfolio or strategies of the Client. The Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares should therefore pay close attention to the Broker list of eligible stocks as provided and renewed from time to time by the SSE and the Exchange. Under Shanghai-Hong Kong Stock Connect, the Client will only be allowed to sell A-share but restricted from further buying if: (i) the A-share subsequently ceases to be a constituent stock of the relevant indices; (ii) the A-share is subsequently under "risk alert" ; and / or (iii) the corresponding H share of the A-share subsequently ceases to be traded on the day before trading day in order Exchange. The Client should also note that price fluctuation limit would be applicable to sell the share on trading dayA-shares. The above may not cover all risks related to Shanghai-Hong Kong Stock Connect and any above mentioned laws, rules and regulations are subject to change.

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued continue to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. ShanghaiNorthbound investments in the SSE securities will be traded and settled in Renmibi. If the Customer holds a local currency other than RMB, the Customer will be exposed to currency risk if the Customer invests in a RMB product due to the need for the conversion of the local currency into RMB. During the conversion, the Customer will also incur currency conversion costs. Even if the price of the RMB asset remains the same when the Customer purchases it and when the Customer redeems/ sells it, the Customer will still incur a loss when you convert the redemption / sale proceeds into local currency if RMB has depreciated. For Customers who keeps their A-Hong Kong Stock shares outside Malahon, if they want to sell certain A-shares they hold, they must transfer those A- shares to the respective accounts of Malahon before the market opens on the day of selling (T day). If they fail to meet this deadline, they will not be able to sell those A-shares on T day. The Customer should note that Northbound trading under China Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement daysnot be covered by Hong Kong’s Investor Compensation Fund. So it is possible that there are occasions when it is a normal trading day for the Mainland market but As far as Hong Kong investors canparticipating in Northbound trading are concerned, since they are carrying out Northbound trading through securities brokers in Hong Kong and these brokers are not carry out any Mainland brokers, they are not protected by China Securities Investor Protection Fund on the Mainland as well. Under China Connect, A-shares listed companies and trading of A-share tradingare subject to market rules and disclosure requirements of the A-share market. Client Any changes in laws, regulations and policies of the A-share market or rules in relation to China Connect may affect share prices. The Customer should also take note of the days Shanghai-Hong Kong Stock Connect is open for business foreign shareholding restrictions and decide according disclosure obligations applicable to Client’s own risk tolerance capability whether or not A- shares. The Customer will be subject to take restrictions on the risk trading (including restriction on retention of price fluctuations proceeds) in A-shares as a result of its interest in the A- shares. The Customer is solely responsible for compliance with all notifications, reports and relevant requirements in connection with its interests in A-shares. Under the current Mainland rules, once an investor holds up to 5% of the shares of a company listed on the SSE, the investor is required to disclose his interest within three working days and during which he cannot trade the time when Shanghai-shares of that company. The investor is also required to disclose any change in his shareholding and comply with related trading restrictions in accordance with the Mainland rules. Northbound Trading investors will not be able to attend general meetings in person or by means of proxy, as opposed to what they can do in Hong Kong Connect is not tradingif they hold Hong Kong stocks. Client must ensure to have sufficient shares in their accounts opened with A stock may be recalled from the Broker when placing sell orders scope of eligible stocks for trading Shanghai Stock Exchange Securitiesvia China Connect for various reasons, and in such event the stock can only be sold but restricted from being bought. If This may affect the shares are kept in an account opened with another Exchange Participant investment portfolio or a custodian, Client must first transfer strategies of the shares Customer. The Customer should therefore pay close attention to the Broker on list of eligible stocks as provided and renewed from time to time by SSE and SEHK. Under China Connect, the day before trading day in order Customer will only be allowed to sell A-share but restricted from further buying if: (i) the A-share subsequently ceases to be a constituent stock of the relevant indices; (ii) the A-share is subsequently under “risk alert”; and/or (iii) the corresponding H share of the A-share subsequently ceases to be traded on trading daySEHK. The Customer should also note that price fluctuation limit would be applicable to A-shares.

Quotas used up. When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level. Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the th e daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading day. Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but buy Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must mus t first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up.  When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level.  Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading daytradingday. Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but buy Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.

Quotas used up.  When the respective aggregate quota balance for Northbound trading and Southbound trading is less than the daily quota, the corresponding buy orders will be suspended on the next trading day (sell orders will still be accepted) until the aggregate quota balance returns to the daily quota level.  Once the daily quota is used up, acceptance of the corresponding buy orders will also be immediately suspended and no further buy orders will be accepted for the remainder of the day. Buy orders which have been accepted will not be affected by the using up of the daily quota, while sell orders will be continued to be accepted. Depending on the aggregate quota balance situation, buying services will be resumed on the following trading daytradingday. Shanghai-Hong Kong Stock Connect will only operate on days when both markets are open for trading and when banks in both markets are open on the corresponding settlement days. So it is possible that there are occasions when it is a normal trading day for the Mainland market but Hong Kong investors cannot carry out any A-share trading. Client should take note of the days Shanghai-Shanghai- Hong Kong Stock Connect is open for business and decide according to Client’s own risk tolerance capability whether or not to take on the risk of price fluctuations in A-shares during the time when Shanghai-Hong Kong Connect is not trading. Client must ensure to have sufficient shares in their accounts opened with the Broker when placing sell orders for trading Shanghai Stock Exchange Securities. If the shares are kept in an account opened with another Exchange Participant or a custodian, Client must first transfer the shares to the Broker on the day before trading day in order to sell the share on trading day.