AND OWNERS AND HOLDERS OF AMERICAN DEPOSITARY SHARES Deposit Agreement Dated as of _____________, 2018 DEPOSIT AGREEMENTDeposit Agreement • January 26th, 2018 • Bank of New York / Adr Division • American depositary receipts • New York
DEPOSIT AGREEMENT dated as of _____________, 2018 among BIOFRONTERA AG, a stock corporation incorporated under the laws of Germany (herein called the Company), THE BANK OF NEW YORK MELLON, a New York banking corporation (herein called the Depositary), and all Owners and Holders (each as hereinafter defined) from time to time of American Depositary Shares issued hereunder.
