TERMS AND CONDITIONS OF THE INITIAL PUBLIC OFFERING

The term “subscription” below means an offer or commitment provided by an investor to subscribe for Offer
Shares in the Initial Public Offering, whether the investor has offered or committed to purchase existing shares or
to subscribe for new shares. Either new issued shares or shares to be sold can be allocated to the investors.
Correspondingly, “subscriber”, “subscription period”, “subscription place”, “subscription price”, “subscription
commitment” (and other corresponding terms) refer to both share issue and share sale.