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DISCLAIMER

CENTRIC HomeDisclaimer

The services, financial products or transactions described on this site may only be offered, directly or indirectly, in any jurisdiction in compliance with applicable laws and regulations of such jurisdiction. The material contained on this site is not intended to be distributed or marketed in certain jurisdictions or to certain parties in those affected jurisdictions due to regulatory restrictions.

© 2016 BNP Paribas. All rights reserved. CENTRIC, and any Apps referenced on this site, may only be used and accessed by clients who have obtained the prior authorisation of BNP Paribas to do so, which will be granted (and can be revoked) at BNP Paribas. sole discretion. Use of and access to CENTRIC, and any Apps referenced on this site, is subject to terms and conditions, which may be amended by BNP Paribas from time to time. CENTRIC is a trademark of BNP Paribas.

This information is intended solely, to the extent applicable, for eligible contract participants as defined in U.S. Commodity Exchange Act or professional clients and eligible counterparties as defined in the Markets in Financial Instruments Directive 2004/39/EC ("MiFID") or for persons that may otherwise use the services, financial products or transactions described on this site and receive this information under applicable law. This is a marketing communication.

This site, and information, data and opinions included on this site, (i) are provided for information purposes only, (ii) are not intended to provide a complete and full description of the products referenced, and (iii) are confidential and may not be reproduced (in whole or in part) to any other person without the prior written permission of BNP Paribas. Accordingly, no representation, warranty or undertaking, express or implied, is made and no responsibility is accepted by any BNP Paribas Group Company as to or in relation to the accuracy or completeness or otherwise of the material on this site or as to the reasonableness of any assumption contained on this site or any other information made available (whether in writing or orally) to any recipient or interested party (or its advisers). The information and opinions on this site are subject to change without notice as they are based on BNP Paribas. understanding as of the date mentioned or based on BNP Paribas. own appraisal of the applicable facts. This information is not intended to provide the sole basis of any evaluation of the products discussed on this site or the treatment thereof. Information and opinions contained on this site are published for the assistance of recipients, but are not to be relied upon as authoritative or taken in substitution for the exercise of judgement by any recipient.

BNP Paribas assumes no responsibility or liability for the information contained on this site and is not holding out any information as a recommendation to take (or refrain from taking) any action in respect of any product. Recipients must consult their own advisers prior to making any decision in respect of such information. Any transaction relating to the products described on this site can involve a significant degree of risk, including without limitation credit risk, market risk, foreign exchange risk, liquidity risk, and may require a deep analysis regarding the regulatory aspects involving these products under the applicable laws and regulations or the risks they involve. The information on this site does not constitute advice, an offer to sell or to buy any financial products.

APAC

Australia: This material, and any information in related marketing presentations (the Material), is being distributed in Australia by BNP Paribas ABN 23 000 000 117, a branch of BNP Paribas 662 042 449 R.C.S., a licensed bank whose head office is in Paris, France. BNP Paribas is licensed in Australia as a Foreign Approved Deposit-taking Institution by the Australian Prudential Regulation Authority (APRA) and delivers financial services to Wholesale clients under its Australian Financial Services Licence (AFSL) No. 238043 which is regulated by the Australian Securities & Investments Commission (ASIC).The Material is directed to Wholesale clients only and is not intended for Retail clients (as both terms are defined by the Corporations Act 2001, sections 761G and 761GA). The Material is subject to change without notice and BNP Paribas is under no obligation to update the information or correct any inaccuracy that may appear at a later date.

China: This document is being distributed in the People's Republic of China ("PRC", excluding the Hong Kong or Macau Special Administrative Regions or Taiwan) by BNP Paribas (China) Limited ("BNPP China"), a subsidiary of BNP Paribas. BNPP China is a commercial bank licensed by the China Banking Regulatory Commission to carry on banking business in the PRC.

Hong Kong:

Branch: For the purpose of distribution in Hong Kong, this document is directed at "professional investors" as defined in the Securities and Futures Ordinance. BNP Paribas Hong Kong Branch is registered as a Licensed Bank under the Banking Ordinance and regulated by the Hong Kong Monetary Authority. BNP Paribas Hong Kong Branch is also a Registered Institution regulated by the Securities and Futures Commission for the conduct of Regulated Activity Types 1, 4 and 6 under the Securities and Futures Ordinance.

Securities: This document is intended only for the Professional Investors in Hong Kong. This document is prepared and distributed by BNP Paribas Securities (Asia) Limited. BNP Paribas Securities (Asia) Limited is a Licensed Corporation regulated by the Securities and Futures Commission for the conduct of Regulated Activity Types 1, 2, 4, 6 and 7 under the Securities and Futures Ordinance. This document may not be circulated, distributed, reproduced or disclosed (in whole or in part and in any manner whatsoever) to any other person without the prior written consent of BNP Paribas Securities (Asia) Limited. Some products or transactions described in this document may not be authorised in Hong Kong and may not be available to Hong Kong investors.

India:

Branch: BNP Paribas India branch is licensed by Reserve Bank of India to carry on banking business in India and is regulated by the Banking Regulation Act 1949, Securities & Exchange Board of India Act 1992, and other related regulations issued by Government of India and regulatory bodies such as Reserve Bank of India, Securities and Exchange Board of India etc. from time to time. For the purpose of distribution in India this document is prepared for counterparties who have fair knowledge of risk associated with foreign exchange market, Institutional Investors & Counterparties, Expert Investors and for those clients and investors whose risk management policies are in place.

Securities: In India, this document is being distributed by BNP Paribas Securities India Pvt. Ltd. (a member of the BNP Paribas Group), having its registered office at 5th floor, BNP Paribas House, 1 North Avenue, Maker Maxity, Bandra Kurla Complex, Bandra (East), Mumbai 400 051. BNP Paribas Securities India Pvt. Ltd. is registered with the Securities and Exchange Board of India ("SEBI") as a stockbroker in the Equities and the Futures & Options segments of National Stock Exchange of India Ltd. (SEBI regn. nos. INB231474835/INF231474835) and Bombay Stock Exchange Ltd. (SEBI regn. nos. INB011474831/INF011474831)

Indonesia: This document is being distributed by PT Bank BNP Paribas Indonesia, whose registered office is Menara BCA - 35th Floor, Grand Indonesia, Jalan M.H Thamrin No.1,Jakarta 10310, Indonesia; Tel : +62 21 2358 6262; Fax: +62 21 2358 6098. PT Bank BNP Paribas Indonesia is regulated by Bank of Indonesia. Details about the extent of our authorisation by Bank of Indonesia are available on request. This document is not directed at individuals or retail clients.

Japan:

Branch: This document is being distributed to Japanese based firms by BNP Paribas Tokyo Branch, only to Japanese-based Institutional Investors and Professional Investors as defined by the Financial Instruments and Exchange Law of Japan. BNP Paribas Tokyo Branch is a Registered Financial Institution, Kanto Finance Bureau-Kinsho-#98, and a member of the Japan Securities Dealers Association and the Financial Futures Association of Japan.

Securities: This document is being distributed to Japanese based firms by BNP Paribas Securities (Japan) Limited or by a subsidiary or affiliate of BNP Paribas not registered as a financial instruments firm in Japan, to certain financial institutions defined by article 17-3, item 1 of the Financial Instruments and Exchange Law Enforcement Order. BNP Paribas Securities (Japan) Limited is a financial instruments firm registered according to the Financial Instruments and Exchange Law of Japan and a member of the Japan Securities Dealers Association and the Financial Futures Association of Japan. BNP Paribas Securities (Japan) Limited accepts responsibility for the content of a report prepared by another non-Japan affiliate only when distributed to Japanese based firms by BNP Paribas Securities (Japan) Limited. Some foreign securities stated on this report are not disclosed according to the Financial Instruments and Exchange Act of Japan.

Malaysia: BNP Paribas Malaysia Berhad (Company No. 918091-T) is incorporated in Malaysia under the Companies Act of Malaysia, 1965. It is a licensed institution under the Financial Services Act 2013 and is regulated by Bank Negara Malaysia.BNP Paribas Capital (Malaysia) Sdn Bhd (Company No. 247454-M) is incorporated in Malaysia under the Companies Act of Malaysia, 1965. It is a licensed institution under the Capital Markets and Services Act 2007 and is regulated by Securities Commission Malaysia.

Philippines: This report is being distributed in the Philippines by BNP Paribas Manila Branch, an Offshore Banking Unit (OBU) of BNP Paribas whose head office is in Paris, France. BNP Paribas Manila OBU is registered as an offshore banking unit under Presidential Decree No. 1034 (PD 1034), and regulated by the Bangko Sentral ng Pilipinas. This report is being distributed in the Philippines to qualified clients of OBUs as allowed under PD 1034, and is qualified in its entirety to the products and services allowed under PD 1034.

Singapore:

Securities: This document is distributed in Singapore by BNP Paribas Securities (Singapore) Pte. Ltd, which holds a Capital Markets Services license and regulated by the Monetary Authority of Singapore. This document is directed at Institutional Investors and Accredited Investors only and is not intended for investors in Singapore who are not Institutional Investors or Accredited Investors within the meaning of the Securities and Futures Act, Chapter 289 of Singapore and should not be passed on to any such persons. Some products or transactions described in this document may not be authorised in Singapore and may not be available to Singapore investors. Information in this document is for general circulation to the intended recipients only and is not a recommendation or investment advice to recipients hereof since it does not take into account the specific investment objectives, financial situation and the particular needs of any particular recipient ("Specific Requirements"). A recipient of this document should seek advice from its/his own financial adviser regarding the suitability of the products or transactions (taking into account the recipient's Specific Requirements) as well as the risks involved in such products or transactions before a commitment to purchase or enter into any product or transaction is made.

Branch: This document is distributed in Singapore by BNP Paribas, Singapore Branch, a licensed bank regulated by the Monetary Authority of Singapore. This document is directed at Institutional Investors and Accredited Investors only and is not intended for investors in Singapore who are not Institutional Investors or Accredited Investors within the meaning of the Securities and Futures Act, Chapter 289 of Singapore and should not be passed on to any such persons. Some products or transactions described in this document may not be authorised in Singapore and may not be available to Singapore investors. Information in this document is for general circulation to the intended recipients only and is not a recommendation or investment advice to recipients hereof since it does not take into account the specific investment objectives, financial situation and the particular needs of any particular recipient ("Specific Requirements"). A recipient of this document should seek advice from its/his own financial adviser regarding the suitability of the products or transactions (taking into account the recipient's Specific Requirements) as well as the risks involved in such products or transactions before a commitment to purchase or enter into any product or transaction is made.

South Korea:

Branch: BNP Paribas Seoul Branch is regulated by the Financial Services Commission and Financial Supervisory Service for the conduct of its financial investment business in the Republic of Korea. This document does not constitute an offer to sell to or the solicitation of an offer to buy from any person any financial products where it is unlawful to make the offer or solicitation in South Korea.

Securities: BNP Paribas Securities Korea is registered as a Licensed Financial Investment Business Entity under the FINANCIAL INVESTMENT BUSINESS AND CAPITAL MARKETS ACT and regulated by the Financial Supervisory Service and Financial Services Commission. This document is distributed by BNP Paribas Securities Korea Co., Ltd. in Korea to Professional Investors only and is not intended for investors in Korea who are not Professional Investor within the meaning of the Article 9 (5) (professional investor) of the FINANCIAL INVESTMENT BUSINESS AND CAPITAL MARKETS ACT and should not be passed on to any such persons. Some products or transactions described in this document may not be authorised in Korea and may not be available to Korea investors. Information in this document is for general circulation to the intended recipients only and is not a recommendation or investment advice to recipients hereof since it does not take into account the specific investment objectives, financial situation and the particular needs of any particular recipient ("Specific Requirements"). A recipient of this document should seek advice from its/his own financial adviser regarding the suitability of the products or transactions (taking into account the recipient's Specific Requirements) as well as the risks involved in such products or transactions before a commitment to purchase or enter into any product or transaction is made.

Taiwan:

BNP Paribas Taipei Branch is registered as a licensed bank under the Banking Act and regulated by the Financial Supervisory Commission, R.O.C. This document is directed only at Taiwanese counterparties who are licensed or who have the capacities to purchase or transact in such products. This document does not constitute an offer to sell to or the solicitation of an offer to buy from any person any financial products where it is unlawful to make the offer or solicitation in Taiwan. (Applicable for the products targeted to Professional Institutional Investors' own accounts)

This document is being distributed in Taiwan to professional investors only, as defined under Article 3 of the Rules Governing Offshore Structured Products, by BNP Paribas Taipei Branch and Offshore Banking Unit, branches of BNP Paribas and are regulated by the Financial Supervisory Commission under the Banking Act and Offshore Banking Act. Some products or transactions described in this document may not be authorised in Taiwan and may not be available to Taiwan investors. Information in this document is for general circulation to the intended recipients only and is not a recommendation or investment advice to recipients hereof since it does not take into account the specific investment objectives, financial situation and the particular needs of any particular recipient ("Specific Requirements"). A recipient of this document should seek advice from its/his own financial adviser regarding the suitability of the products or transactions (taking into account the recipient's Specific Requirements) as well as the risks involved in such products or transactions before a commitment to purchase or enter into any product or transaction is made. The material is subject to change without notice and BNP Paribas is under no obligation to update the information or correct any inaccuracy that may appear at a later date (Applicable for the products distributed to non-Professional Institutional Investors)

Thailand: BNP Paribas Bangkok branch is regulated in Thailand by the Bank of Thailand and the Securities and Exchange Commission. This document does not constitute an offer to sell to or solicitation of an offer to buy from any person any financial products where it is unlawful to make the offer or solicitation in Thailand.

Vietnam: This document is distributed in Viet Nam by BNP Paribas Ho Chi Minh City Branch, registered in Viet Nam under No. 05/NH-GP. This publication is prepared for investors who have legal standing and is not intended for Private Customers in the territory of Viet Nam and should not be passed on to any such persons. It is directed only at Vietnamese counterparties who have the capacity and licence authorised by SBV to purchase from or transact with offshore counterparties. By accepting this document you agree to be bound by the foregoing

EUROPE

Austria: This document is being distributed in Austria by BNP Paribas Fortis SA/NV, Austria Branch, a branch of BNP Paribas Fortis SA/NV whose head office is in Brussels, Belgium. BNP Paribas Fortis SA/NV, Austria Branch, (registration no. 263765s), with its registered address, Vordere Zollamtstraße 13/3/B, Austria - 1030 Vienna, is authorised and supervised by the Financial Market Authority (FMA) and it is subject to limited regulation by the Austrian National Bank (Oesterreichische Nationalbank).

Belgium: BNP Paribas Fortis SA/NV is authorized by and under the prudential supervision of the National Bank of Belgium, boulevard de Berlaimont 14, 1000 Brussels, under the supervision on investor and consumer protection of the Financial Services and Markets Authority (FSMA), rue du congrès 12-14, 1000 Brussels and is authorized as insurance agent under FSMA number 25789 A.

Bulgaria: This document is being distributed in Bulgaria by BNP Paribas S.A. - Sofia Branch, a branch of BNP Paribas S.A. whose head office is in Paris, France. BNP Paribas S.A. - Sofia Branch, UIC 175185891, 2 Tzar Osvoboditel Blvd., 1000 Sofia, is authorised and lead supervised by the European Central Bank (ECB) and the Autorité de Contrôle Prudentiel et de Résolution and it is subject to limited regulation by the Bulgarian National Bank and the Financial Supervision Commissio

Czech Republic: This document is being distributed in the Czech Republic by BNP Paribas Fortis SA/NV, pobočka Česká republika. BNP Paribas Fortis SA/NV is a credit institution under Belgian law which is authorised by and submitted to the prudential control of the Belgian National Bank and to the supervision on investor and consumer protection of the Financial Services and Markets Authority (FSMA) and whose head office is 3, Montagne du Parc 1000 Brussels, Belgium, ID No.: 0314.595.348 as registered with the Banque - carrefour des Enterprises and which is acting in business on the territory of the Czech Republic through its branch BNP Paribas Fortis SA/NV, pobočka Česká republika, ID No. 27362329, with its registered office at Ovocný trh 8, 117 19 Prague 1, Czech Republic, registered in the Commercial Register maintained by the Municipal Court in Prague under File No.: A 51938.

Denmark: This document is being distributed in Denmark by BNP Paribas Fortis Danmark, filial af BNP Paribas Fortis SA/NV Belgien, Adelgade 12, 3rd Floor, DK-1304 Copenhagen K, Denmark; tel: + 45 3271 1900; www.bnpparibas.dk. BNP Paribas Fortis Danmark is a branch of BNP Paribas Fortis SA/NV having its registered office at Montagne du Parc 3, B-1000 Brussels and registered at the Register of Companies - VAT BE 0403.199.702, submitted as a credit institution under Belgian law, supervised, at a consolidated and statutory level by the European Central Bank and the National Bank of Belgium as well as control for the protection of investors and consumers by the Financial Services and Markets Authority (FSMA). BNP Paribas Fortis Danmark, filial af BNP Paribas Fortis SA/NV, Belgien is lead supervised by the National Bank of Belgium and the Financial Services and Markets Authority (FSMA) and subject to limited regulation by the Danish FSA (Da: Finanstilsynet). Details about the extent of our authorization and regulation by the Danish FSA are available from us on request. BNP Paribas Fortis Danmark, filial af BNP Paribas Fortis SA/NV, Belgien is registered with the Danish Business Authority with CVR no.: 2924 0175.

Finland: This document is being distributed in Finland by BNP Paribas Fortis SA/NV, Sivuliike Suomessa, Keskuskatu 1B/Centralgatan 1B, 00100 Helsinki/Helsingfors, Finland; tel: +358 922 832 802; www.finland.bnpparibas.com. BNP Paribas Fortis SA/NV, Sivuliike Suomessa, is a branch of BNP Paribas Fortis SA/NV having its registered office at Montagne du Parc 3, B-1000 Brussels and registered at the Register of Companies - VAT BE 0403.199.702, submitted as a credit institution under Belgian law, supervised, at a consolidated and statutory level by the European Central Bank and the National Bank of Belgium as well as control for the protection of investors and consumers by the Financial Services and Markets Authority (FSMA). BNP Paribas Fortis SA/NV, Sivuliike Suomessa, is lead supervised by the National Bank of Belgium and the Financial Services and Markets Authority (FSMA) and subject to limited regulation by the Finnish FSA (Finanssivalvonta). Details about the extent of our authorization and regulation by the Finnish FSA are available from us on request. BNP Paribas Fortis SA/NV, Sivuliike Suomessa is registered with the Finnish Trade Register with Y-tunnus: 2629841-5.

France: This document is being distributed by BNP Paribas, incorporated in France with Limited Liability (Registered Office: 16 boulevard des Italiens, 75009 Paris, France, 662 042 449 RCS Paris, www.bnpparibas.com) is authorized and supervised by European Central Bank (ECB) and by Autorité de Contrôle Prudentiel et de Résolution (ACPR) in respect of supervisions for which the competence remains at national level, in terms of Council Regulation n° 1024/2013 of 15 October 2013 conferring specific tasks on the ECB concerning policies relating to the prudential supervision of credit institutions.

Germany: This document is being distributed in Germany by BNP Paribas S.A. - Niederlassung Deutschland, a branch of BNP Paribas S.A. whose head office is in Paris, France. BNP Paribas S.A. - Niederlassung Deutschland, Europa Allee 12, 60327 Frankfurt is authorised and lead supervised by the European Central Bank (ECB) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and it is authorised and subject to limited regulation by the Bundesanstalt für Finanzdienstleistungsaufsicht (BaFi

Hungary: This document is being distributed in Hungary by BNP Paribas, Hungary Branch with registered office at HU-1051 Budapest, Széchenyi István tér 7-8., registration number: 01-17-000437 by the Registry Court of Budapest. BNP Paribas, Hungary Branch is the branch office of BNP Paribas SA, a société anonyme duly organised and validly existing under the laws of France, with registered seat at 16 boulevard des Italiens, 75009 Paris, France; being registered at the Tribunal de Commerce de Paris under No. 662 042 449 R.C.S. Paris. BNP PARIBAS SA is authorised and lead supervised by the European Central Bank and the French Autorité de Contrôle Prudentiel et de Resolution. BNP Paribas, Hungary Branch is registered with and subject to limited host country regulation by the Hungarian Central Bank (Magyar Nemzeti Bank).

Ireland: This material is being distributed in Ireland by BNP Paribas S.A., Dublin Branch. BNP Paribas is incorporated in France as a Société Anonyme and regulated in France by the European Central Bank and by the Autorité de Contrôle Prudentiel et de Résolutio

Luxembourg: This document is being distributed in Luxembourg by BGL BNP Paribas, Société Anonyme, 50 av. J.F. Kennedy, L-2951 Luxembourg, RCS Luxembourg: B 6481, BIC (swift) BGLLLULL, Tel. : (+352 4242-1), Fax : (+352) 4242-2579, www.bgl.lu, approved and supervised by the Commission de Surveillance du Secteur Financier (CSSF), 110 route d'Arlon, L-2991 Luxembourg

Netherlands: This document is being distributed in the Netherlands by BNP Paribas Fortis SA/NV, Netherlands Branch, a branch of BNP Paribas SA/NV whose head office is in Brussels, Belgium. BNP Paribas Fortis SA/NV, Netherlands Branch, Herengracht 595, 1017 CE Amsterdam, is authorised and supervised by the National Bank of Belgium and the Financial Services and Markets Authority (FSMA) and it is subject to limited regulation by the Netherlands Authority for the Financial Markets (AFM) and the Dutch Central Bank (De Nederlandsche Bank).

Norway: This document is being distributed in Norway by BNP Paribas Fortis SA/NV, Norway Branch, Munkedamsveien 35, 0250 Oslo, Norway; tel: +47 22 82 95 00; www.bnpparibas.no. BNP Paribas Fortis SA/NV, Norway Branch is a branch of BNP Paribas Fortis SA/NV having its registered office at Montagne du Parc 3, B-1000 Brussels and registered at the Register of Companies - VAT BE 0403.199.702, submitted as a credit institution under Belgian law, supervised, at a consolidated and statutory level by the European Central Bank and the National Bank of Belgium as well as control for the protection of investors and consumers by the Financial Services and Markets Authority (FSMA). BNP Paribas Fortis SA/NV, Norway Branch is lead supervised by the National Bank of Belgium and the Financial Services and Markets Authority (FSMA) and subject to limited regulation by the Norwegian FSA (No: Finanstilsynet). Details about the extent of our authorization and regulation by the Norwegian FSA are available from us on request. BNP Paribas Fortis SA/NV, Norway Branch is registered with the Norwegian Brønnøysund Register with corporate identity number 998 871 50

Portugal: This document is being distributed in Portugal by BNP Paribas, Portuguese Branch, a branch of BNP Paribas SA whose head office is in Paris, France. BNP Paribas, Portuguese Branch, whose address is locates in Torre Ocidente, Rua Galileu Galilei, nº 2- 13º Piso, 1500-392 Lisboa, is authorized and supervised by the National Bank of France, the European Central Bank and the French Autorité de Contrôle Prudentiel et de Resolution and it is authorized and subject to limited regulation by the Portuguese Authority for the Securities Markets (Comissão do Mercado de Valores Mobiliários) and the Portuguese Central Bank (Banco de Portugal

Spain: This document is being distributed in Spain by BNP Paribas SA, Spain Branch, a branch of BNP Paribas SA whose head office is in Paris, France. BNP Paribas SA, Spain Branch, whose address is locates in Ribera del Loira 28, Madrid 28042, is lead authorised and supervised by the National Bank of France, the European Central Bank and the French Autorité de Contrôle Prudentiel et de Resolution and it is authorized and subject to limited regulation by the Spanish Authority for the Securities Markets (CNMV) and the Spanish Central Bank (Banco de España)

Sweden: This document is being distributed in Sweden by BNP Paribas Fortis SA/NV, Bankfilial Sverige, Nybrokajen 5, 111 48 Stockholm, Sweden; tel: +46 8 562 328 00; www.bnpparibas.se. BNP Paribas Fortis SA/NV, Bankfilial Sverige is a branch of BNP Paribas Fortis SA/NV having its registered office at Montagne du Parc 3, B-1000 Brussels and registered at the Register of Companies - VAT BE 0403.199.702 , submitted as a credit institution under Belgian law, supervised, at a consolidated and statutory level by the European Central Bank and the National Bank of Belgium as well as control for protection of investors and consumers by the Financial Services and Markets Authority (FSMA). BNP Paribas Fortis SA/NV, Bankfilial Sverige is lead supervised by the National Bank of Belgium and the Financial Services and Markets Authority (FSMA) and subject to limited regulation by the Swedish FSA (Sw: Finansinspektionen). Details about the extent of our authorization and regulation by the Swedish FSA are available from us on request. BNP Paribas Fortis SA/NV, Bankfilial Sverige is registered with the Swedish Companies' registration Office under number 516406-0377.

Switzerland: This document is being distributed in Switzerland by BNP Paribas (Suisse) SA, a subsidiary of BNP Paribas S.A. whose head office is in Paris, France. BNP Paribas (Suisse) SA is authorised as bank and as securities dealer by the Swiss Financial Market Supervisory Authority FINMA, and is registered at SIX Swiss Exchange Ltd as recognised representative for listing application and exchange participant. BNP Paribas (Suisse) SA is registered at the Geneva commercial register under No. CHE-102.922.193. BNP Paribas (Suisse) SA is incorporated in Switzerland with limited liability. Registered Office: 2, place de Hollande, 1204 Geneva, Switzerland.

United Kingdom: This document is being distributed in the United Kingdom by BNP Paribas London Branch. BNP Paribas London Branch, 10 Harewood Avenue, London NW1 6AA; tel: +44 (0)20 7595 2000; fax: +44 (0)20 7595 2555 (www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas London Branch is lead supervised by the European Central Bank (ECB) and the Autorité de Contrôle Prudentiel et de Résolution (ACPR). BNP Paribas London Branch is authorised by the ECB, the ACPR and the Prudential Regulation Authority and subject to limited regulation by the Financial Conduct Authority and Prudential Regulation Authority. Details about the extent of our authorisation and regulation by the Prudential Regulation Authority, and regulation by the Financial Conduct Authority are available from us on request. BNP Paribas London Branch is registered in England and Wales under no. FC13447.

AMERICAS

Brazil: This document is being distributed in Brazil by Banco BNP Paribas Brasil S.A., a subsidiary of BNP Paribas S.A. whose head office is in Paris, France. Banco BNP Paribas Brasil S.A. is authorised to operate as financial institution by the Central Bank of Brazil. Banco BNP Paribas Brasil S.A. is enrolled before the CNPJ under number 01.522.368/0001-82. Registered Office: Av. Presidente Juscelino Kubitschek, 510, 1st and 10th to 14th floors, Itaim Bibi, São Paulo - SP, 04543-906, Brazil

MIDDLE EAST

Bahrain: This document is being distributed in Bahrain by BNP Paribas Full Commercial Branch, Bahrain. BNP Paribas Full Commercial Branch, Bahrain 4th Floor - West Tower, Bahrain Financial Harbour, P.O.Box 5241, Manama, Kingdom of Bahrain; tel: +973 1786 6310; fax: +973 17866601 (www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas Full Commercial Branch, Bahrain Branch is regulated by the Central Bank of Bahrain (CBB). BNP Paribas Full Commercial Branch, Bahrain is registered in Bahrain under registration no.1910-1

Kuwait: This document is being distributed in Kuwait by BNP Paribas Kuwait Branch. BNP Paribas Kuwait Branch, 24th Floor - Dar Al Awadi Complex, 24th Floor, Ahmed Al Jaber Street, Sharq, P.O.Box 21188, Safat, 13072, State of Kuwait; tel:+965-22987600; fax: 965-22987646 www.me.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas Kuwait Branch is regulated by the Central Bank of Kuwait (CBK). Details about the extent of our authorisation and regulation are available from us on request. BNP Paribas Kuwait Branch is registered in Kuwait under no. 104835.

Qatar: This document is being distributed in Qatar by BNP Paribas Qatar Branch. BNP Paribas Qatar Branch 6th Floor - Al Fardan Office Tower, 61 Al Fundug Street, Diplomatic District, West Bay, P.O.Box 2636, Doha, Qatar: Tel: +974 44537195 - 44537163; fax: +974 44537490 (www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas Qatar Branch is regulated by the Central Bank of Qatar (QCB). Details about the extent of our authorisation and regulation are available from us on request. BNP Paribas Qatar Branch is registered in Qatar under registration no. 197.

Saudi Arabia: This document is being distributed in the Kingdom of Saudi Arabia by BNP Paribas Riyadh Branch. BNP Paribas Riyadh Branch, King Fahd Road, AlOlaya , Faisaliah Tower, Unit No.:15, Building No.:7277, Zip code: 12212 Additional No.: 3333, Kingdom of Saudi Arabia: tel: +96612739100; fax: +96612739191 (www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas Riyadh Branch is regulated by the Saudi Arabian Monetary Agency (the "SAMA Committee"). Details about the extent of our authorisation and regulation are available from us on request. BNP Paribas Riyadh Branch is registered in the Kingdom of Saudi Arabia under registration no.1010208053.

South Africa: This document is being distributed in South Africa by BNP Paribas South Africa Branch. BNP Paribas South Africa, 2nd Floor, 11 Crescent Drive, Melrose Arch, Johannesburg, South Africa, 2196; tel: +27 11 088 2102; fax: +27 11 088 2168; (www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas South Africa Branch is regulated by the South African Reserve Bank in South Africa (SARB). We also are an authorised services provider (FSP no. 44610) in terms of the Financial Services Board (FSB). Details about the extent of our authorisation and regulation are available from us on request. BNP Paribas South Africa Branch is registered in South Africa under registration no. 2011/100541/10.

UAE - Abu Dhabi: This document is being distributed in the United Arab Emirates by BNP Paribas Abu Dhabi Branch. BNP Paribas Abu Dhabi, Al Bateen Area, Street 32, P.O. Box 2742, Abu Dhabi, United Arab Emirates: tel: +971 2 693 8888; fax: +971 2 693 8847 www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas Abu Dhabu Branch is regulated by the Central Bank of United Arab Emirates. Details about the extent of our authorisation and regulation are available from us on request. BNP Paribas Abu Dhabi Branch is registered in Abu Dhabi under no. CN-1002004.

UAE - Dubai: This document is being distributed in the United Arab Emirates by BNP Paribas Dubai Branch. BNP Paribas Dubai Branch, 7th Floor, Building 1, Emaar Square (Near Burj Khalifa), P.O. Box 2733, Dubai, United Arab Emirates: tel: +971 4 4248200; fax: +971 4 4257813 www.bnpparibas.com). Incorporated in France with Limited Liability. Registered Office: 16 boulevard des Italiens,75009 Paris, France. 662 042 449 RCS Paris. BNP Paribas Dubai Branch is regulated by the Central Bank of United Arab Emirates. Details about the extent of our authorisation and regulation are available from us on request. BNP Paribas Dubai Branch is registered in Dubai under no. 200713.

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