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Publication of Inside Information
(“Ad Hoc Releases”)

The obligation to publish insider information arises from Art. 17MAR (Market Abuse Regulation). The issuer of publicly listed securities is obliged to immediately publish and provide notice of solid information regarding circumstances not publicly known, which affect the issuing party directly and which are capable of significantly influencing the market price of the shares should they become public knowledge (referred to Ad Hoc Releases). This obligation to immediately make public information relevant to the stock price is intended to prevent an insider from exploiting advance knowledge to his/her advantage in stock trades.

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