10 Black-out periods

In connection with the preparation and publication of its annual and interim reports, the LLG Group has imposed black-out periods. The purpose of these is to prevent insider trading, or even the appearance of insider trading, by the LLB Group or its employees.

These black-out periods apply to persons and business areas, and parties related to them, who or which have access, or could have access, to insider information. These include, in particular, the members of the Board of Directors, members of the Group Executive Board and their assistants as well as staff of the Group Finance & Risk, Group Credit Management, Group Corporate Development & Sustainability, Group Legal & Regulatory, Group Marketing, Group Corporate Communications and Group Internal Audit Business Areas.

During the periods from 1 June and from 1 December until one day after the publication of the interim financial reporting and the annual financial reporting, respectively, the persons concerned may not carry out transactions in shares of LLB AG or in financial instruments related to them.