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1 allenovery.com Luxembourg

2 2 Our Luxembourg office Why choose Luxembourg? No.1 The most competitive country in the European Union and number six worldwide Source: IMD World Competitiveness Yearbook, May 2015 No.1 Number one out of 468 cities and regions for economic potential Source: European Cities and Regions of the Future 2014/15 fdi Magazine No.1 Number one in Europe for personal safety with 10 out of 10 for its low crime rate Source: Mercer s Quality of Living Survey 2015 No.1 Ranks first in the world for technological readiness Source: Word Economic Forum Global Competitiveness Report rd Third place in the world for talent competitiveness Source: INSEAD Global Talent Competitiveness Index th Ninth out of 141 countries for global innovation Source: INSEAD Global Innovation Index 2015 Allen & Overy LLP 2018

3 3 Why choose Allen & Overy in Luxembourg? Because we have deep local knowledge and global reach Our law firm in Luxembourg was founded in 1990 and merged in 2000 with Allen & Overy in order to become part of one of the most prestigious global law firms. Today, some 140 people, of whom 90 are lawyers, work for one of the largest and international law firms in Luxembourg. 25th Anniversary in 2015 You gain benefits from an international law firm with established roots in the Luxembourg market. Global knowledge, combined with local understanding, offers you and your business a full service of the highest quality. Where change happens, you will often find us leading the legal debate and we will always make sure that you are the first to know about the issues that matter. Marc Feider, Senior Partner, Luxembourg allenovery.com

4 4 Our Luxembourg office Because our culture is client-centric For 25 years, clients have been at the heart of everything we do. Our clients are central to our strategy, culture and the way in which we deliver our advice. While each client is unique, our standards of excellence are universal. More than legal advisers, we aim to become strategic business partners for our clients. We support them at all stages of their development, and offer them a full range of legal services. We advise many of Luxembourg s leading businesses and public bodies, and the world s leading corporations, financial institutions, insurance companies and asset managers. Our clients face complex opportunities and threats that cross borders. They require high quality and tailored legal advice, quickly. We deliver that through our leading Luxembourg practice, seamlessly integrated into a global network of local experts and dedicated industry practice groups. We invest heavily in client relationships, for example by opening Luxembourg desks in major financial centres where our clients operate, offering training (in Luxembourg and beyond) which is dedicated to our clients needs, and being flexible and competitive when it comes to fee arrangements. Culture and values Our culture defines us and the values we share inspire the way we work and behave: excellence in everyone and everything dedication to our clients helping our people to achieve their potential respecting and including every individual working together as one firm entrepreneurial spirit and energy Our culture defines us and our values are priceless strategic assets of our business. Henri Wagner, Managing Partner, Luxembourg Allen & Overy LLP 2018

5 5 OUR GLOBAL PRESENCE AFRICA EUROPE MIDDLE EAST NORTH AMERICA LUXEMBOURG DESKS Casablanca Johannesburg Amsterdam Antwerp Barcelona Belfast Bratislava Brussels Bucharest* Budapest Düsseldorf Frankfurt Hamburg Istanbul London Luxembourg Madrid Milan Moscow Munich Paris Prague Rome Warsaw Abu Dhabi Doha Dubai Riyadh** New York Washington, D.C. Asia Pacific China Latin America London North America Russia ASIA PACIFIC Bangkok Beijing Hanoi Ho Chi Minh City Hong Kong Jakarta* Perth Seoul Shanghai Singapore Sydney Tokyo Yangon * Associated office ** Cooperation office CENTRAL & SOUTH AMERICA São Paulo I am convinced that our Luxembourg desks add value to the services we offer to our clients. With business connections between Luxembourg, the relevant countries, and regions, it allows for a unique combination of Luxembourg and foreign law expertise. Marc Feider, Senior Partner, Luxembourg allenovery.com

6 6 Our Luxembourg office Because we have a common goal with you: Lead our businesses towards success Luxembourg Tax Firm of the Year ITR European Tax Awards 2010, 2011 & 2016 Number 1 in Benelux for M&A deals by volume Mergermarket, Bloomberg and Thomson Reuters, 2015 Benelux Law Firm of the Year Mergermarket Benelux M&A Awards 2015 (for the eighth time in nine years) Most Innovative Law Firm in Europe FT Innovative Lawyers Awards 2007, 2011, 2012, 2014 & 2017 Winner of the Intellectual Property- Trademarks category for Luxembourg ILO Client Choice Awards International 2013 KEY FACTS 276% of organic growth since the merger with Allen & Overy in lawyers in Luxembourg 14 nationalities in the office 7 additional jurisdictions in which our lawyers are qualified Luxembourg Law Firm of the Year International Financial Law Review (IFLR) European Awards 2007, 2009 & 2010 Our aim is to remain the leader in the limited grouping of tier 1 law firms, and to foster high value relationships with key clients in order to grow key practices and tap new markets. We seek to enhance our international footprint through our desks and to innovate through all practice areas and support functions. Henri Wagner, Managing Partner, Luxembourg Allen & Overy LLP 2018

7 7 Because of our legal expertise 01 Banking & Finance 02 Capital markets 03 Corporate/ M&A high quality international standard products stellar performance in global loans leveraged finance and restructuring space increased footprint in regulatory field leading capital markets practice extensive experience for all ICM matters unrivalled market share in securitisation frequently labelled best M&A offering in Luxembourg full service offer (M&A, PE, ECM, restructuring, corporate housekeeping) Financing and lending transactions: acquisition finance asset finance Islamic finance leveraged finance real estate finance and syndicated lending Restructuring and insolvency Regulatory issues: bank licensing bank capital requirements code of conduct rules consumer credit regulations, contractual terms of business and money laundering Private banking Full spectrum of debt and equity capital markets products, including: derivatives listings on the Luxembourg Stock Exchange structured finance securitisation and repackaging programmes prospectus approval process fiduciary notes issues covered bonds ongoing disclosure for listed obligations issuers IPOs private placements and public offers liability management exercices acquisition finance antitrust contracts and regulatory matters corporate pre-litigation corporate restructurings corporate set-ups equity listings and stock exchange related work hedge funds joint ventures management incentive packages M&A public and private corporate compliance issues private equity and venture capital redomiciliations and expatriations allenovery.com

8 8 Our Luxembourg office 04 Employment 05 IP/TMT 06 Investment management market leader for labour law and related restructurings one stop shop for regulatory problems market leader and one of the first firms specializing in IP centre of excellence with one of the largest ICT law departments in Luxembourg full spectrum of fund types expertise in basic and complex transactions know-how in cross-border deals Individual issues: contract design flexitime retention and bonus agreements secondment and expatriate agreements retirement pension supplements and early retirement as well as individual dismissals and settlement agreements Collective issues: negotiating collective agreements contracts staff representation health and security in the workplace code of ethics stock options collective dismissals social plans company agreements and mitigation plans internal restructuring due diligence on employment law issues advertising copyrights database rights data protection law domain names e-commerce internet IP and TMT litigation IT security IT outsourcing know-how life sciences regulation media patents and SPCs research and development software issues telecom trademarks trade practices/secrets unfair competition matters structuring and setting up Undertakings for Collective Investment in Transferable Securities (UCITS), part II funds, Specialised Investment Funds (SIFs) and SICARs advising fund counterparties and service providers for example, custodians and prime brokers on their agreements with Luxembourg funds advising institutional investors on their Luxembourg investment funds listing of investment funds on stock markets Allen & Overy LLP 2018

9 9 07 Litigation 08 Real estate 09 Tax legal adviser for many clients in the financial services industry as well as Luxembourg public authorities market leader for real estate deals one stop shop providing seamless service strong technical understanding administrative litigation alternative dispute resolution banking litigation capital markets litigation civil and commercial litigation competition litigation corporate litigation employment and social security law litigation energy natural resources and infrastructure litigation enforcement proceedings, including exequatur and attachment proceedings fraud and white-collar crime litigation insolvency litigation international arbitration IP and TMT litigation real estate and construction litigation tax litigation advising real estate funds on the sale or purchase of property in Luxembourg advising on procedures for granting trade licences to department stores advising retailers in relation to real estate advising banks on their own real estate needs and projects drafting and negotiating contracts (including sales, purchases, leases, long leases, financial leases, management and joint ventures) advising on the tax structuring of real estate transactions and the set-up of acquisition vehicles and real estate funds in Luxembourg advising on international real estate sale and acquisition matters (asset and share deals) advising on project financing advising on title and land review advising on town and country planning capital markets and other lending collective investment schemes structuring employee incentives estate planning for high-net-worth individuals Islamic finance international tax planning real estate taxation structured finance and securitisations tax aspects of M&A transactions and restructurings tax-driven investment schemes tax optimised exit schemes VAT allenovery.com

10 10 Our Luxembourg office Because of the complexity of our deals We have highlighted below a selection of key deals on which Allen & Overy in Luxembourg has been advising recently. The European Investment Fund Deutsche Bank, with Morgan Stanley The Islamic Liquidity Management Corporation The European Investment Fund on the establishment of the Luxembourg Future Fund, a multi compartment specialised investment fund with funds of up to EUR150m aimed at supporting early and growth stage innovative European companies, with efforts on technology-focused SMEs, such as those operating in ICT and cleantech. Deutsche Bank, with Morgan Stanley, as joint global coordinators, and the other underwriters, on the sale by Bertelsmann Capital Holding of up to 23,182,000 ordinary shares of RTL Group, by way of public offering in Luxembourg and Germany, and in private placements in the U.S. and in several other jurisdictions. The Islamic Liquidity Management Corporation (IILM), an international institution which facilitates cross-border Shari acompliant liquidity management, on its first sukuk programme. Allen & Overy LLP 2018

11 11 ExxonMobil Commerzbank Tyco International ExxonMobil on its landmark alliance with Rosneft, a strategic multi-billion dollar joint venture. This was by far the largest deal between Russia and a foreign oil company at this time. The agreements provided for the setting-up of a joint venture to manage an exploration programme in the Black Sea and the Arctic Kara Sea. Commerzbank on the sale of Commerzbank International Luxembourg, its private banking business with close to EUR3bn Assets Under Management, to Julius Baer Group. Tyco International on its internal restructuring, involving the separation of its group into three independent businesses Tyco International, TE Connectivity and Covidien. allenovery.com

12 12 Our Luxembourg office Allen & Overy is one of the best firms in Luxembourg. At least that s the consistent message from clients across all departments. They describe the firm as having a strong brand, good knowledge through to junior levels and being leaps and bounds above the rest. One even goes so far to say that every lawyer was perfect. IFLR1000, 2014 Allen & Overy is always available, very practical, hands-on and very flexible. The team s standout qualities are its availability and commercial acumen. Very proactive, always available and quick to respond. Chambers Europe, 2015 Allen & Overy LLP 2018

13 13 Because of our people Partners Patrick Mischo Senior Partner, Tax Tel Frank Mausen Managing Partner, ICM Tel Marc Feider Corporate Partner Tel Henri Wagner Banking & ICM Partner Tel André Marc Banking, Employment & Real Estate Partner Tel Pierre Schleimer Banking & Investment Management Partner Tel Jean Schaffner Tax Partner Tel Fabian Beullekens Corporate Partner Tel Katia Manhaeve IP-TMT Partner Jean-Christian Six Investment Management Partner Peter Myners Corporate Partner Tel Tel Tel allenovery.com

14 14 Our Luxembourg office Counsel Serge Hoffmann Real Estate Counsel Tel Bénédicte Kurth Banking Counsel Tel Paul Péporté ICM Counsel Tel Yannick Arbaut Investment Management Counsel Tel François Guillaume de Liedekerke Banking Counsel Tel Jacques Graas Corporate Counsel Tel Thomas Berger Litigation & Banking Counsel Tel Gilles Dall Agnol Employment Law Counsel Tel Allen & Overy LLP 2018

15 15 Counsel Catherine Di Lorenzo IP-TMT Counsel Christopher Dortschy Investment Management Counsel Audrey Scarpa Counsel/Know-How Jacques Wantz Tax Counsel Tel Tel Tel Tel Julie Carbiener Tax Counsel Sophie Balliet Tax Counsel Marine Tarditi ICM Counsel Tel Tel Tel allenovery.com

16 FOR MORE INFORMATION, PLEASE CONTACT: Luxembourg Allen & Overy 33 avenue J.F. Kennedy L-1855 Luxembourg PO Box 5017 L-1050 Luxembourg Tel Fax Office contacts Marc Feider Tel marc.feider@allenovery.com Henri Wagner Tel henri.wagner@allenovery.com GLOBAL PRESENCE Allen & Overy is an international legal practice with approximately 5,400 people, including some 554 partners, working in 44 offices worldwide. Allen & Overy LLP or an affiliated undertaking has an office in each of: Abu Dhabi Amsterdam Bucharest (associated office) Budapest Ho Chi Minh City Hong Kong Moscow Munich Seoul Shanghai Antwerp Casablanca Istanbul New York Singapore Bangkok Barcelona Doha Dubai Jakarta (associated office) Johannesburg Paris Perth Sydney Tokyo Beijing Düsseldorf London Prague Warsaw Belfast Bratislava Frankfurt Hamburg Luxembourg Madrid Riyadh (cooperation office) Rome Washington, D.C. Yangon Brussels Hanoi Milan São Paulo Allen & Overy means Allen & Overy LLP and/or its affiliated undertakings. The term partner is used to refer to a member of Allen & Overy LLP or an employee or consultant with equivalent standing and qualifications or an individual with equivalent status in one of Allen & Overy LLP s affiliated undertakings. Allen & Overy LLP 2018 lux_office_e-brochure_add allenovery.com

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