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Transcription:

Introduction UniCredit Bank Czech Republic and Slovakia, as, member of UniCredit Bank Group, with its registered office at Prague 4 - Michle, Želetavská 1525/1, post code 140 92, identification number 64948242, entered in the Commercial Register maintained by the Municipal Court in Prague, Section B, file 3608 hereinafter referred to as "the Bank"), in accordance with the requirement under Section 15n (5) of Act No. 256/2004 Coll., on Capital Market Undertakings, as amended (hereinafter referred to as "the Capital Market Undertakings Act"), shall disclose information on the identity of execution venues and on the quality of execution in the structure and format as set out in Annex I and II. Commission Regulation (EU) 576/2017 of 8 June 2016 supplementing Directive 2014/65/EU of the European Parliament and of the Council with regard to regulatory technical standards for the annual publication of information on the identity of execution venues and the quality of execution by investment firms. The information below also follows on the rules and obligations set out in the Order Execution Policy, which are binding on the Bank. The Order Execution Policy of the Bank is available on the Bank's website in the MiFID section https://www.unicreditbank.cz/en/ostatni/mifid.html. In the calendar year 2017, the Bank executed professional clients 1 orders at the following execution venues, which are the most important in terms of volume of trades. ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- 1 These are clients of the Bank, with its registered office at Želetavská 1525/1, 140 92 Praha 4, Czech Republic. Information of clients of the Slovak branch of the Bank is published on the website of this branch in a separate document.

Equities - Shares & Depositary Receipts orders

Debt instruments - Bonds orders Centrální depozitář cenných papírů, a.s. 100 100 100

Debt instruments - Money markets instruments orders

Structured finance instruments orders

Securitized Derivatives - Warrants and Certificate Derivatives orders

Exchange traded products orders

Other instruments orders

Interest rates derivatives - Futures and options admitted to trading on a trading venue orders

Interest rates derivatives - Swaps, forwards, and other interest rates derivatives orders UniCredit Bank Czech Republic and Slovakia, a.s. 100 100 0

Credit derivatives - Futures and options admitted to trading on a trading venue orders

Credit derivatives - Other credit derivatives orders

Currency derivatives - Futures and options admitted to trading on a trading venue orders

Currency derivatives - Swaps, forwards, and other currency derivatives NO orders UniCredit Bank Czech Republic and Slovakia, a.s. 99,99 99,99 0 Bloomberg MTF 0,01 0,01 0

Equity derivatives - Options and futures admitted to trading on a trading venue orders

Druh nástroje Oznámení, jestliže v průměru < 1 obchod za obchodní den v předchozím roce Equity derivatives - Swaps and other equity derivatives orders

Securitized derivatives - Other securitized derivatives orders

Commodities derivatives and emission allowances derivatives - Options and futures admitted to trading on a trading venue orders UniCredit Bank AG 100 100 0

Commodities derivatives and emission allowances derivatives - Other commodities derivatives and emission allowances derivatives orders UniCredit Bank AG 100 100 0

Contracts for difference orders

Emission allowances orders UniCredit Bank AG 100 100 100

Summary and conclusions of the analysis The Bank does not have direct access to foreign markets in which the investment instruments, to which the client has given order, are traded. The Bank therefore transmits the orders to a third party authorized to perform investment services, namely to a member of the UniCredit banking group, the German bank UniCredit Bank AG. UniCredit Bank AG then enters to foreign markets, whereas UniCredit Bank AG is required to have its own order execution policy. On the domestic market - the Prague Stock Exchange, the Bank is directly involved, and is also a member of this exchange. The Bank is also a participant of the Czech Central Securities Depository. Orders relating to units of collective investment funds are transmitted directly to the issuer of the units or to its distributor - the investment firm or intermediary, respectively to registrar and transfer agent. The identification of the execution venue on which the order was executed has been mentioned on a confirmation in the form of a corresponding abbreviation. The Bank states that it has taken into account all the criteria and requirements under Article 64 of Commission Delegation (EU) 2017/565 of 25 April 2016 supplementing MiFID II as regards organizational requirements and operating conditions (hereinafter referred to as "the Implementing Regulation"), in order to determine the relative importance of the factors referred to in Article 15l and Section 15n of the Capital Market Undertakings Act. The Bank has considered the following criteria: (a) the characteristics of the client, including his categorization, (b) the characteristics of the client order, where the Bank does not execute the orders of securities financing transaction, (c) the characteristics of the financial instruments that are subject of that order, (d) the characteristics of the execution venues to which that order can be directed. The Bank further states that, when executing orders or taking decision to deal in OTC products including bespoke products, it acted in accordance with Article 64 (4) of the Implementing Regulation, so it checked the fairness of the price proposed to the client, by gathering market data used in the estimation of the price of such product and, where possible, by comparing with similar or comparable products. UniCredit Bank Czech Republic and Slovakia, a.s. IČO / Identification Number: 64948242 Sídlo / Registered Office: Obchodní rejstřík / Commercial Register: Želetavská 1525/1 Městský soud v Praze, oddíl B, vložka 3608 / 140 92 Praha 4 Michle Municipal Court in Prague, Section B, file 3608 www.unicreditbank.cz Směrový kód banky / Bank Code: 2700 Swift Code: BACXCZPP