Common use of Sub-Custodian Clause in Contracts

Sub-Custodian. The custodian may transfer the custodian function to other companies (sub-custodians). The custody of the assets held for the UCITS can be carried out by the sub- custodians specified on the website of Volksbank AG at xxx.xxxxxxxxx.xx, with which the bank primarily cooperates. There is no conflict of interests as a result of a transfer. The investors in the UCITS have the option at any time to request personally from the custodian and free of charge information on the tasks and duties of the custodian as well as information on the UCITS using the above contact details. The custodian is subject to the provisions of the Liechtenstein FATCA treaty as well as the corresponding implementation regulations in the Liechtenstein FATCA act.

Sub-Custodian. The custodian may transfer the custodian function to other companies (sub-custodians). The custody of the assets held for the UCITS can be carried out by the sub- custodians specified on the website of Volksbank Bank Xxxxx & Co. AG at xxx.xxxxxxxxx.xx, with which the bank primarily cooperates. There is no conflict of interests as a result of a transfer. The investors in the UCITS have the option at any time to request personally from the custodian and free of charge information on the tasks and duties of the custodian as well as information on the UCITS using the above contact details. The custodian is subject to the provisions of the Liechtenstein FATCA treaty as well as the corresponding implementation regulations in the Liechtenstein FATCA act.

Sub-Custodian. The custodian may transfer the custodian function to other companies compa- xxxx (sub-custodians). The custody of the assets held for the UCITS can be carried out by the sub- custodians specified on the website of Volksbank Liechtensteinische Landesbank AG at xxx.xxxxxxxxx.xxxxx.xxx.xx, with which the bank primarily cooperatesxxxxxx- xxxx. There is no conflict of interests as a result of a transfer. The investors in the UCITS have the option at any time to request personally from the custodian and free of charge information on the tasks and duties of the custodian as well as information on the UCITS using the above contact details. The custodian is subject to the provisions of the Liechtenstein FATCA treaty as well as the corresponding implementation regulations regula- tions in the Liechtenstein FATCA act.

Sub-Custodian. The custodian may transfer the custodian function to other companies (sub-custodians). The custody of the assets held for the UCITS can be carried out by the sub- custodians specified on the website of Volksbank Liechtensteinische Xxxxxx- bank AG at xxx.xxxxxxxxx.xxxxx.xxx.xx, with which the bank primarily cooperates. There is no conflict of interests as a result of a transfer. The investors in the UCITS have the option at any time to request personally person- ally from the custodian and free of charge information on the tasks and duties of the custodian as well as information on the UCITS using the above contact details. The custodian is subject to the provisions of the Liechtenstein FATCA treaty as well as the corresponding implementation regulations in the Liechtenstein FATCA act.