Fineco Sociedad de Valores, S.A.

Act 34/2002, of 11 July on Information and Electronic Commerce Services

As required by current regulations and to discharge our duty to provide general information, the Fineco Group offers the information that FINECO SOCIEDAD DE VALORES, S.A, an Investment Services Firm with its registered office in Bilbao, at Plaza Federico Moyua 4-2ª Planta, 48009 Bilbao and authorized by the Ministry of Economy and the Treasury, was founded on 19 January 1984 and entered in the Companies Register of Bizkaia in volume 1350, book 887, 3rd section of Companies, folio 42, sheet number 8584, 1st entry with Tax Identification Number A-48149702. It was entered in the Special Register of Securities Companies of the National Securities Market Commission on 12 November 1991 and with official registration number 077.

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Fineco Sociedad de Valores, S.A. informs you,

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FOGAIN (Investment Guarantee Fund)

Fineco Sociedad de Valores, S.A. is a member of FOGAIN (General Investment Guarantee Fund), set up by Royal Decree 948/2001 of 3 August. The aim of this Guarantee Fund is to provide clients of Investment Services Firms and clients with a signed contract for discretionary portfolio management by Collective Investment Institution Management Companies, with compensation cover in the event that one of these entities finds itself in a composition with creditors or declaration of insolvency situation. If one of these situations comes about and consequently a client cannot get cash and securities which s/he has entrusted to the entity returned or delivered to him or her, FOGAIN covers and compensates such clients up to a maximum amount of 100,000 euros.

House Rules of Conduct

Fineco Sociedad de Valores, S.A. has House Rules of Conduct, submitted to the National Securities Market Commission, with the aim of introducing diligence and transparency into our actions for our clients’ benefit, so that staff members look after clients' interests as carefully as they would their own, and follow the securities market rules of conduct that apply to them.