-Retail Investors, and Execution of Agreements for Management of Private Funds; “retail investor” means any investor other than institutional investor, ultra- high net worth investor, high net worth

communication with a client . In addition, the intermediary shall communicate at the right time, with clear and reliable information, and without misleading information. Clause 29 In case an intermediary has

subsidiaries and affiliates (shareholders’ agreement) (if any), only in case of the subsidiaries and affiliates having a material impact on the operation of the group of companies, and the agreements having a

well as other terms and conditions in relation to such allocation of the newly issued ordinary shares, (c) negotiating, agreeing, entering into, and signing any agreements and/or documents necessary for

connection with the said issuance and offering of shares; (2) entering into negotiations, making agreements and executing relevant documents and agreements, and undertaking any action relevant to the

notification of the Securities and Exchange Commission Re: Requirements for securities companies to handle customer’s compliant; (2) the investment management system which has clear procedures and methods of

Exchange Commission Re: Requirements for securities companies to handle customer’s compliant; (2) the investment management system which has clear procedures and methods of operation before and after

in the notification of the Securities and Exchange Commission Re: Requirements for securities companies to handle customer’s compliant; (2) the investment management system which has clear procedures

) communications with clients An intermediary shall pay due regard to the information needs of its clients , and communicate information to them in a way which is clear, not distortion and not misleading; (11

clients An intermediary shall pay due regard to the information needs of its clients, and communicate information to them in a way which is clear, not distortion and not misleading; (11) clients