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June 25th, 2019

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axessum GmbH offers investment advisory and investment brokerage Services of the Austrian Securities Supervision Act (WAG) 2018 for investment funds, certificates, bonds, stocks, ETFs, participation certificates, bearer and order debentures, as a tied agent pursuant to Section 2 (10) KWG on behalf and for the account of First Quant GmbH, Medienpark, Haus I, Unter den Eichen 5, 65195 Wiesbaden. First Quant GmbH is a free and independent financial services institution according to Section 32 KWG. It holds the following permits for investment Advisory and investment and acquisition brokerage services and is subject to supervision by the German Federal Financial Supervisory Authority (BaFin). First Quant’s registry number is 123328. The registration of axessum GmbH is available at the public register for tied agents kept by the Austrian Financial Market Authority (FMA). (www.fma.gv.at).

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The content of this Internet site was created exclusively for clients with sufficient knowledge and experience to make their investment decisions themselves and properly assess the related risks, hence for professional clients pursuant to the Austrian Securities Supervision Act of 2018 (WAG 2018). The information on the following pages is not suitable for private clients. The following website was created by axessum GmbH as the promoter of the above funds exclusively for information purposes. The information contained on the website does not constitute legal, tax, or investment advice. The tax treatment of investors depends on their respective personal circumstances and may be subject to future changes. All data are exclusively for the non-commercial own use of the visitors of the website. In addition, the information provided does not represent an advertisement or an offer, or an invitation to submit an offer to purchase or sell financial products. It is not a recommendation to buy or sell financial instruments. The company accepts no responsibility for any loss or damage which arises from having relied upon the information and data published here. Prior to taking an investment decision, you should in any case consult a professional financial services provider. The information presented on this website does not contain any guarantee or assurance of certain properties of a financial product or of services.

axessum GmbH, which offers investment advisory and investment brokerage services on its Internet site in respect of the financial services pursuant to WAG 2018 for investment funds, certificates, bonds, stocks, ETFs, participation certificates, bearer and order debentures of First Quant GmbH, Wiesbaden, operates exclusively on behalf and under the liability of First Quant in connection with the brokerage of financial instruments. In this respect, axessum operates as a tied agent of First Quant pursuant to Section 2 (10) KWG.Terms of Use By accessing this website and the investment funds, information, materials, and other content (hereinafter referred to as "the Website") therein, you confirm that you understand and accept the following Terms of Use. Access to the Website, selling restrictions This Website is not intended for individuals who are subject to a jurisdiction that prohibits or limits the publication or access to the Website (due to that individual's place of residence or domicile or nationality, or for other reasons). Users who are subject to such jurisdictions must inform themselves about such restrictions and shall be responsible for compliance therewith. Dissemination of the information contained herein is prohibited in many countries, unless the investment company has submitted a notice to or obtained a permit from the local regulatory authorities. axessum GmbH (hereinafter "axessum") accepts no liability for the suitability or admissibility of the use of the information on this Website in such jurisdictions. It must be ensured that the Website visitor who accepts this legal notice is the sole user. Should several individuals use the same access, the user who accepted the risk notice must ensure (e.g. by deleting the cookies) that any subsequent users will have to read and accept this legal notice. No offer The information contained on this Website is general in nature, is not addressed to a specific group of persons, and is only for information purposes. This information does not constitute an offer or a recommendation to make or sell an investment or to carry out any other transactions, and therefore cannot serve as basis for individual investment actions and decisions. Sole binding basis for investment decisions is the sales prospectus with the fund provisions, as amended from time to time, and the simplified prospectus in combination with the latest annual and/or semi-annual report of the investment funds. These are available in German free of charge with the respective investment company or with axessum. We recommend that you seek advice from a qualified expert for your investment decisions. Strategies/Products axessum GmbH does not offer potential investors comprehensive market comparisons of all strategies, but primarily informs about strategies managed by partners of axessum GmbH, i.e. about strategies which axessum GmbH markets on the basis of sales agreements with asset management companies. Disclaimer axessum and its data providers endeavour to ensure that the information on the Website is correct and complete on the publication date. Although this information is obtained from reliable sources, axessum and its data providers disclaim any explicit or implicit liability for the correctness, reliability, currentness and completeness of the information provided. In addition, opinions expressed on this Website are subject to change at any time without prior notice. axessum does not warrant for any changes to the information contained on this Website due to technical problems (e.g. interrupted connections, interference by third parties, viruses, etc.). Neither axessum nor its data providers shall be liable for direct or indirect losses, damage, or consequential damage caused, among others, as a result of access to, the use or query of, or surfing on this Website or linked websites. This Website exclusively serves marketing purposes and does not represent a prospectus within the meaning of the Austrian Capital Market Act or the Austrian Investment Fund Act. All data material contained on this Website was collected and evaluated with the proper care and diligence in reliance on reliable external and internal sources. Nevertheless, no assurance can be given as to the completeness and correctness of the figures and charts displayed. Therefore, all liability for any errors shall be excluded, subject to typographical and programming errors. Investment performance Information on previous performance does not allow any conclusions as to future performance. The prices of the shares and their income may either increase or decline. You may not receive the entire amount originally invested. Past performance is no guarantee for future performance. Information on performance does not include commissions and subscription and redemption fees. Exchange rate fluctuations may have an additional impact on the values of foreign investments. The risk factors are described in the fund prospectuses. A significant loss in value, up to the total loss of the entire capital invested is also possible. Taxes The tax treatment depends on the personal circumstances of each investor and is subject to change. Investors should seek advice from a tax expert prior to an investment decision. Rights of use, intellectual property rights This website is solely intended for personal, non-commercial use. Any content of this Website or any part thereof may not be edited, reproduced, disseminated, communicated to the public, or made publicly available without the approval of axessum. Links to this Website are only encouraged upon prior consultation with axessum, provided that they are designed as external links and refer to our start page. Links to third-party websites This Website may contain links to third-party websites. Links are provided only as a service. axessum, however, does not have any influence on the design and content of the linked third-party websites and does not identify with these. Therefore, axessum does not accept any responsibility for the linked third-party websites or the products or services offered there. Users visiting these links outside this Website do so at their own risk. Miscellaneous axessum reserves the right to amend these Terms of Use any time. The user shall be duly informed of the respective amendment by way of a notice on this Website. These Terms of Use are governed by and construed in accordance with the laws of Austria. All disputes which may arise out of or in connection with these Terms of Use shall be referred to the courts in Vienna. Should any provisions of these Terms of Use be or become invalid, this shall not affect the validity of the remaining provisions. Please address complaints to office@axessum.com. Provider identification according to Section 6 of the German Teleservices Act (TDG): Tied agent of First Quant GmbH axessum GmbH, which offers investment advisory and investment brokerage services on its Internet site in respect of the financial services pursuant to WAG 2018 for investment funds, certificates, bonds, stocks, ETFs, participation certificates, bearer and order debentures of First Quant GmbH, Wiesbaden, operates exclusively on behalf and under the liability of First Quant in connection with the brokerage of financial instruments. In this respect, axessum operates as a tied agent of First Quant pursuant to Section 2 (10) KWG. As the liable company, prior to the commencement of business of axessum GmbH as a broker, First Quant notified the German Federal Financial Supervisory Authority (BaFin) of the acceptance of liability as required under Section 2 (10) KWG, and axessum GmbH was entered in the register of tied agents of the Financial Market Authority (FMA) - available on the Internet site of FMA - as a tied agent of First Quant GmbH. axessum GmbH is engaged in investment and acquisition brokerage as a representative of First Quant GmbH. In this respect, First Quant GmbH accepts liability according to Section 2 (10) KWG. axessum GmbH is registered in the register of the Financial Market Authority FMA (www.fma.gv.at) as a tied agent of First Quant. The registration number of First Quant GmbH with BaFin is 123328. Liability umbrella First Quant GmbH Medienpark Haus I Unter den Eichen 5 69195 Wiesbaden Managing Director: Michael Schleicher Phone: +49(0)611-51049541 Fax: +49(0)6655-918165 Email: info@firstquant.de Internet: www.firstquant.de AG Wiesbaden, HRB 27335 VAT no: DE182330431 BaFin number 123328 Responsible regulatory authority: German Federal Financial Supervisory Authority (BaFin) Marie Curie Strasse 24-28, 60439 Frankfurt am Main Phone +49 (0) 228-4108-0 Fax +49 (0) 228- 4108-1550 Email: poststelle@bafin.de Internet: www.bafin.de As a tied agent pursuant to Section 2 (10) KWG on behalf and for the account of First Quant GmbH, Medienpark, Haus I, Unter den Eichen 5, 65195 Wiesbaden, we offer you the following financial services on the following pages: investment advisory and investment brokerage service in respect of the financial services pursuant to WAG 2018 for investment funds, certificates, bonds, stocks, ETFs, participation certificates, bearer and order debentures. Your future contract partner, First Quant GmbH, has obtained the corresponding permits from the German Federal Financial Supervisory Authority. Information on axessum GmbH is available at the public registers of tied agents kept by BaFin and FMA. More information can be found at Publishing Information on this page.

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