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1 CMS in Hungary 2018

2 CMS in Hungary CMS Budapest office has been active in Hungary since Our award-winning team of 75 lawyers advises national and international organisations on the full range of commercial law. With over 75 legal staff and around 50 highly trained support staff, including in-house translation services, the CMS Budapest office is the largest international law firm in Hungary and a one-stop shop for day-to-day legal support and the most complex transactions in the country, in CEE and beyond. We have significant experience in working with international and local companies, banks and financial institutions, insurers, private organizations and government authorities. We pride ourselves on having an in-depth understanding of the legal, business, cultural and political environment in Hungary. Global reach, local expertise When working with our Budapest team you can access unparalleled and specialist local knowledge combined with an international outlook and outstanding track record. We have specific teams of local specialists with unique know-how in the areas of data privacy, GDPR, fintech, autotech, white-collar crime and greenfield investments among others. English law centre of excellence Our CEE team including the Budapest office offers you both local and international lawyers on the ground. We are recognised as a centre of excellence for English law transactions across the region. Speaking your language Companies conducting business outside their home countries are often faced with an array of unfamiliar issues, from a specific legislative regime through subtle legal differences to cultural and administrative conventions. Our legal experts ease such issues while providing the highest quality service in Hungarian, English and German. Received an unparalleled and excellent service," with the firm particularly impressing in terms of "diligence and efficiency." Chambers & Partners, 2018 Hungary Law Firm of The Year, 2018 Chambers Europe Awards for Excellence 2 CMS in Hungary

3 Delivering service excellence You will have access to a full service advisory team with the right expertise and experience to serve your local needs as well as manage your cross-border projects and assignments. Many of our lawyers have worked in-house and are familiar with the day-to-day challenges in-house legal departments face. Our practice and sector group matrix enables us to develop a comprehensive understanding of our clients businesses and markets and to constantly deliver sound and commercially relevant advice. Range of services Practice groups Banking and International Finance Commercial Competition Employment Intellectual Property Public Procurement Corporate/M&A Dispute Resolution Energy, Projects and Construction Real Estate Taxation Sectors Automotive Consumer Products Energy & Utilities Financial Institutions Hotels & Leisure Infrastructure & Project Finance Insurance & Reinsurance Lifesciences Private Equity Real Estate and Construction Technology, Media and Communications Highly engaged and innovative." Chambers and Partners,

4 Highlights of our recent experience Balbec Capital and APS Holding on the financing and acquisition of a non-performing loan portfolio of UniCredit s residential mortgages. MOL, the Hungarian oil & gas company on the development of various petrochemical projects in Hungary. CEE Equity Partners and China CEE-Fund on the acquisition of Invitel Group, one of the largest IT companies in Hungary, from Magyar Telekom B.V. OTP Bank on a number of transactions in the CEE, including the acquisition of Société Générale s Croatian subsidiary, Splitska Banka. Samsung, CIB Bank, GE, UPC, Magyar Telekom, Microsoft, T-Systems on their operations in Hungary, including IP, employment, tax, competition, tax and commercial issues on a daily basis, review of IT contracts, supply agreements. Wizz Air, K&H, ACE, Samsung, Microsoft, GE, Telekom, Budapest Power Plant on various data protection and GDPR-related matters on a regular basis. Baxter, Baxalta, Johnson & Johnson, Eli Lilly, Roche, Janssen-Cilag on the review of new distribution model concepts, clinical trial agreements, genetic sampling, agreements with HCPs/HCOs on rules of reimbursement of medicinal products, donation practices and regulatory matters. RTL Group, Johnson & Johnson, Sumi Agro, Strabag, Budapest Bank, Linde on the full range of competition law matters, including antitrust investigations, damages litigation, misleading of consumers cases, compliance trainings and day-to- day advice. Roche, Marriott Hotels, Samsung, Infineon, Unisys, Microsoft, GE, Honeywell on employment and labour law issues and immigration matters, including contracts, collective bargaining agreements, employee compensation and benefits and liability. Representation in various employment cases before courts and authorities. Siemens on a litigation and arbitration proceeding related to the construction of Budapest s Metro line 2 and 4. Magyar Telekom on a multimillion-euro litigation relating to the largest phone directory in Hungary. Bluehouse, a greek investor on the acquisition of two companies that own several office buildings in Hungary which are let to tenants and on the sale of the Infopark E office building to Diófa Asset Management. Futureal on the acquisition of several development sites and joint ventures. UniCredit Bank on several high-profile project finance and real estate finance transactions. Erste Bank & Credigen Bank on the VAT aspects of purchasing the wealth management portfolio by Erste Bank and on the sale of a loan portfolio of Credigen Bank. 4 CMS in Hungary

5 Practical and commercial seminars on today s legal hot topics Spring 2017 Keeping you up to date We invest a lot of time and effort to make sure we know and understand what is new, what is coming and how it will affect our clients both in CEE and beyond. This knowledge is reflected in every piece of advice we give. It also forms the basis of the know-how, education and training that we offer our clients. Keeping you up to date is a priority for us, and this page shows some of the CEE-specific thought leadership, training and regular analysis that is available. Emerging Europe M&A Report Our annual report pulls together deal data across the CEE/SEE region, as well as providing commentary on recent trends and developments in the region and some predictions on where to expect deals in the coming year. Find at cms.law CEE Office Real Estate Compass Is your workplace Millennial-ready? The report examines key trends in the evolving office sector in CEE and discusses new and innovative approaches to office space. Find at cms.law Guide to Greenfield Investment in CEE A helpful guide for potential investors on what incentives are available when investing in the leading countries in CEE, including information about the process for entering into an investment agreement in order to access funds, as well as covering key real estate, competition, infrastructure, tax and employment considerations. Find at cms.law 25 years of Private Equity in CEE This special edition publication reflects on the rapid rise of the private equity sector in the region, featuring features interviews with those who have shaped the market, a look back on the most influential deals and comment on its social and financial impact on the region. Find at cms.law Law-Now CMS award-winning free know-how and commentary subscription service. Subscribe to receive CEE-related news and commentary directly to you inbox (with the option to select by jurisdiction, areas of law and industries). Register at cms-lawnow.com Social media Follow CMS Hungary and CMS CEE on LinkedIn on Twitter to be part of our conversation on all things legal in Hungary and within CEE. We post articles, thought leadership, event information and general commentary specific to Hungary and Central and Eastern Europe. Spotlight Series and other seminars The Spotlight Series brings you practical and commercial seminars on today's legal hot topics. The series hosted by our London office covers a wide range of legal areas and sectors, including a number of sessions over the year focussed on CEE, and you can register your interest for any seminars via our website cms.law/spotlightseries we also have a number of CEE conferences and seminars in our CEE offices over the course of the year. Spotlight Series 5

6 Get in touch Erika Papp Managing Partner, Head of Banking & International Finance T E erika.papp@cms-cmno.com Zsolt Okányi Partner, Global Head of Dispute Resolution, Head of Dispute Resolution T E zsolt.okanyi@cms-cmno.com Dóra Petrányi CEE Managing Director, Partner, Co-Head of Commercial, Head of TMT, Lifesciences, Competition, Intellectual Property T E dora.petranyi@cms-cmno.com Péter Simon Partner, Head of Energy, Projects and Construction T E peter.simon@cms-cmno.com Anikó Kircsi Partner, Head of Corporate/M&A, Private Equity, Consumer Products T E aniko.kircsi@cms-cmno.com Eva Talmacsi Partner, Corporate/M&A, Private Equity, ECM - Hungary & CEE T E eva.talmacsi@cms-cmno.com Gábor Czike Partner, Head of Real Estate T E gabor.czike@cms-cmno.com József Várady Partner, Real Estate T E jozsef.varady@cms-cmno.com Martin Wodraschke Partner, Co-Head of CMS Auto-Tech Group T E martin.wodraschke@cms-cmno.com Andreas Köhler Partner, Head of CEE German Projects T E andreas.koehler@cms-cmno.com Gabriella Ormai Partner, Co-head of Commercial, Head of Employment T E gabriella.ormai@cms-cmno.com Eszter Kálmán Senior Associate, Head of Tax T E eszter.kalman@cms-cmno.com Where to find us CMS Cameron McKenna Nabarro Olswang Hungarian Branch Office YBL Palace Károlyi utca 12 Budapest, Hungary E budapest@cms-cmno.com T F CMS in Hungary

7 Our global reach The Americas Bogotá Lima Mexico City Rio de Janeiro Santiago de Chile Europe Aberdeen Amsterdam Antwerp Barcelona Belgrade Berlin Bratislava Bristol Brussels Bucharest Budapest Cologne Duesseldorf Edinburgh Frankfurt Funchal Geneva Glasgow Hamburg Kyiv Leipzig Lisbon Ljubljana London Luxembourg Lyon Madrid Manchester Milan Monaco Moscow Munich Paris Podgorica Poznan Prague Reading Rome Sarajevo Seville Sheffield Skopje Sofia Strasbourg Stuttgart Tirana Utrecht Vienna Warsaw Zagreb Zurich Algiers Casablanca Luanda Dubai Istanbul Muscat Riyadh Tehran Beijing Hong Kong Shanghai Singapore Africa Middle East Asia-Pacific

8 Your free online legal information service. A subscription service for legal articles on a variety of topics delivered by . cms-lawnow.com Your expert legal publications online. In-depth international legal research and insights that can be personalised. eguides.cmslegal.com CMS Cameron McKenna Nabarro Olswang LLP Cannon Place 78 Cannon Street London EC4N 6AF T +44 (0) F +44 (0) CMS Cameron McKenna Nabarro Olswang LLP 2018 The information held in this publication is for general purposes and guidance only and does not purport to constitute legal or professional advice. CMS Cameron McKenna Nabarro Olswang LLP is a limited liability partnership registered in England and Wales with registration number OC It is a body corporate which uses the word partner to refer to a member, or an employee or consultant with equivalent standing and qualifications. It is authorised and regulated by the Solicitors Regulation Authority of England and Wales with SRA number and by the Law Society of Scotland with registered number It is able to provide international legal services to clients utilising, where appropriate, the services of its associated international offices. The associated international offices of CMS Cameron McKenna Nabarro Olswang LLP are separate and distinct from it. A list of members and their professional qualifications is open to inspection at the registered office, Cannon Place, 78 Cannon Street, London EC4N 6AF. Members are either solicitors or registered foreign lawyers. VAT registration number: Further information about the firm can be found at cms.law CMS Cameron McKenna Nabarro Olswang LLP CMS Cameron McKenna Nabarro Olswang LLP is a member of CMS Legal Services EEIG (CMS EEIG), a European Economic Interest Grouping that coordinates an organisation of independent law firms. CMS EEIG provides no client services. Such services are solely provided by CMS EEIG s member firms in their respective jurisdictions. CMS EEIG and each of its member firms are separate and legally distinct entities, and no such entity has any authority to bind any other. CMS EEIG and each member firm are liable only for their own acts or omissions and not those of each other. The brand name CMS and the term firm are used to refer to some or all of the member firms or their offices. Further information can be found at cms.law

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