OWN COVERED BONDS AND ABSS ISSUED AND NOT YET PLEDGED

Own covered bonds and ABSs issued and not yet pledged

Own covered bonds and asset-backed securities (hereinafter ABS) issued and not yet pledged

Own covered bonds and ABSs issued and not yet pledged

OWN COVERED BONDS AND ABSS ISSUED AND NOT YET PLEDGED

Pledge of the enterprise of FN GmbH

Pledge of the enterprise of FN GmbH.

No negative pledge clause is in place.

Pledge on the land and the buildings of the airport.

waiver of negative pledge

To mortgage or charge the whole or part of its property; and

to mortgage or charge the whole or part of its property; and

by a mortgage or charge over the property comprised in the disposition; or

to mortgage or charge the whole or part of its property;

In these pledge countries, the mortgage was special and published.

collateral in the form of securities

cash collateral received in operations involving the temporary transfer of gold against collateral

Based on the received details, the system formulates a valuation of the whole loan collateral and posts a whole loan collateral entry to facilitate tri-party repurchase of the whole loan collateral.

net positions arising from securities lending without cash collateral

Of which: securities under repo for cash collateral

Localisation of assets and prohibition of pledging of assets

Localisation of assets and prohibition of pledging of assets

Localisation of assets and prohibition of pledging of assets

All our loans are available without pledging any collateral.

However, it is important to be aware of the risks of pledging highlighted by Alexandra.

When IBL engages in rehypothecation of customer securities, it sets aside 103% of the market value of customer securities rehypothecated, on daily basis.