Common use of License agreement Clause in Contracts

License agreement. These securities are not in any way sponsored, ceded, sold or promoted by the SIX Swiss Exchange Ltd and the SIX Swiss Exchange Ltd makes no warranty or representation whatsoever, express or implied, either as to the results to be obtained from the use of the SMI® index (the "Index") and/or the level at which such index stands at any particular time on any particular day. However, the SIX Swiss Exchange Ltd shall not be liable (whether through negligence or otherwise) to any person for any error in the index and the SIX Swiss Exchange Ltd shall not be under any obligation to disclose such errors. SIX®, SIX Swiss Exchange®, SPI®, Swiss Performance Index (SPI)®, SPI EXTRA®, SPI ex SLI®, SMI®, Swiss Market Index® (SMI)®, SMIM®, SMI MID (SMIM)®, SMI Expanded®, SLI®, SLI Swiss Leader Index®, SXI®, SXI LIFE SCIENCES®, SXI Bio+Medtech®, SBI®, SBI Swiss Bond Index®, VSMI®, SWX Immobilienfonds Index® and SWX Quotematch® are trademarks that have been reg- istered in Switzerland and/or abroad by the SIX Group Ltd respectively SIX Swiss Exchange Ltd. Their use is subject to a licence. (Basket Component 3) The relevant Basket Component 3 is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects mark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). EURO STOXX 50® Index (Price EUR) is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under license. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by STOXX and its Licensors and neither of the Licensors shall have any liability with respect thereto. The Settlement Amount under the Securities is calculated by reference to the respective Basket Com- ponent, which is provided by the respective administrator. As at the date of these Final Terms, the administrators of the Basket Components are included in the register of administrators and bench- marks established and maintained by the European Securities and Markets Authority ("ESMA") pur- suant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more com- prehensive discussion of the application of Section 871(m) to the Securities.

License agreement. These securities are not in any way sponsored, ceded, sold or promoted by the SIX Swiss Exchange Ltd and the SIX Swiss Exchange Ltd makes no warranty or representation whatsoever, express or implied, either as to the results to be obtained from the use of the SMI® index (the "Index") and/or the level at which such index stands at any particular time on any particular day. However, the SIX Swiss Exchange Ltd shall not be liable (whether through negligence or otherwise) to any person for any error in the index and the SIX Swiss Exchange Ltd shall not be under any obligation to disclose such errors. SIX®, SIX Swiss Exchange®, SPI®, Swiss Performance Index (SPI)®, SPI EXTRA®, SPI ex SLI®, SMI®, Swiss Market Index® (SMI)®, SMIM®, SMI MID (SMIM)®, SMI Expanded®, SLI®, SLI Swiss Leader Index®, SXI®, SXI LIFE SCIENCES®, SXI Bio+Medtech®, SBI®, SBI Swiss Bond Index®, VSMI®, SWX Immobilienfonds Index® and SWX Quotematch® are trademarks that have been reg- istered in Switzerland and/or abroad by the SIX Group Ltd respectively SIX Swiss Exchange Ltd. Their use is subject to a licence. (Basket Component 3) The relevant Basket Component 3 is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects mark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). EURO STOXX 50® Index (Price EUR) is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under license. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by STOXX and its Licensors and neither of the Licensors shall have any liability with respect thereto. The Settlement Amount under the Securities is calculated by reference to the respective Basket Com- ponent, which is provided by the respective administrator. As at the date of these Final Terms, the administrators of the Basket Components are included in the register of administrators and bench- marks established and maintained by the European Securities and Markets Authority ("ESMA") pur- suant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more com- prehensive discussion of the application of Section 871(m) to the Securities.

License agreement. These securities are not in any way sponsored, ceded, sold or promoted by the SIX Swiss Exchange Ltd and the SIX Swiss Exchange Ltd makes no warranty or representation whatsoever, express or implied, either as to the results to be obtained from the use of the SMI® index (the "Index") and/or the level at which such index stands at any particular time on any particular day. However, the SIX Swiss Exchange Ltd shall not be liable (whether through negligence or otherwise) to any person for any error in the index and the SIX Swiss Exchange Ltd shall not be under any obligation to disclose such errors. SIX®, SIX Swiss Exchange®, SPI®, Swiss Performance Index (SPI)®, SPI EXTRA®, SPI ex SLI®, SMI®, Swiss Market Index® (SMI)®, SMIM®, SMI MID (SMIM)®, SMI Expanded®, SLI®, SLI Swiss Leader Index®, SXI®, SXI LIFE SCIENCES®, SXI Bio+Medtech®, SBI®, SBI Swiss Bond Index®, VSMI®, SWX Immobilienfonds Index® and SWX Quotematch® are trademarks that have been reg- istered in Switzerland and/or abroad by the SIX Group Ltd respectively SIX Swiss Exchange Ltd. Their use is subject to a licence. (Basket Component 3) The relevant Basket Component 3 is the EURO STOXX 50® Index (Price EUR). The EURO STOXX 50® Index (Price EUR) is a price index. The index level of a price index is determined mainly by the prices of its constituents. Dividends and capital changes are generally not considered. If dividends are paid, the price index also reflects mark- downs. Information about the past and future performance and volatility of the Underlying and/or of the respective Basket Components is free of charge available on the following website(s): xxx.xxxxx.xxx. The Issuer accepts no responsibility for the completeness or accuracy or for the continuous updating of the content contained on the specified website(s). EURO STOXX 50® Index (Price EUR) is the intellectual property (including registered trademarks) of STOXX Limited, Zurich, Switzerland and/or its licensors ("Licensors"), which is used under licenseli- cense. The securities based on the Index are in no way sponsored, endorsed, sold or promoted by STOXX and its Licensors and neither of the Licensors shall have any liability with respect thereto. The Settlement Amount under the Securities is calculated by reference to the respective Basket Com- ponent, which is provided by the respective administrator. As at the date of these Final Terms, the administrators of the Basket Components are included in the register of administrators and bench- marks established and maintained by the European Securities and Markets Authority ("ESMA") pur- suant to article 36 of the Regulation (EU) 2016/1011. Except for the notices referred to in the Conditions, the Issuer does not intend to publish any post- issuance information. The U.S. Treasury Department has issued regulations under which amounts paid or deemed paid on certain financial instruments that are treated as attributable to U.S.-source dividends could be treated, in whole or in part depending on the circumstances, as a "dividend equivalent" payment that is subject to tax at a rate of 30 per cent. (or a lower rate under an applicable treaty). The Issuer has determined that, as of the issue date of the Securities, the Securities will not be subject to withholding under these rules. In certain limited circumstances, however, it is possible for United States alien holders to be liable for tax under these rules with respect to a combination of transactions treated as having been entered into in connection with each other even when no withholding is required. United States alien holders should consult their tax advisor concerning these regulations, subsequent official guidance and regarding any other possible alternative char- acterisations of their Securities for United States federal income tax purposes. See "United States Tax Considerations – Dividend Equivalent Payments" in the Base Prospectus for a more com- prehensive discussion of the application of Section 871(m) to the Securities.