SIX Swiss Exchange message no. 17/2015

Subject New trading tariff – Liquidity Provider Scheme (LPS) Category Trading and Products Authorised by Christoph Landis; Head Operations Christian Reuss; Head Sales & Product Management Pages 2 Date 01.06.2015 Information

Content of this message: – New «Liquidity Provider Scheme» trading tariff for Blue Chip Shares from 1 July 2015 – Publication of the changes in Directive 7: Fees and Costs

SIX Swiss Exchange is pleased to offer its trading participants a new, optional «Liquidity Provider Scheme» trading tariff for Blue Chip Shares from 1 July 2015. This message provides participants with all the details and notifies them of the publication of the amended directive in connection with the «Liquidity Provider Scheme».

Liquidity Provider Scheme (LPS) The new «Liquidity Provider Scheme» trading tariff enables participants to benefit from reduced trading fees provided they comply with specific criteria for improving order-book quality in blue-chip equities. Tariff Liquidity Provider Scheme Transaction fee None Poster 0.00 bp - no floor and no cap Ad valorem fee Aggressor 0.28 bp - no floor and no cap

The LPS tariff covers all on exchange, on order book trades that were executed during continuous trading in Blue Chip Shares under a participant identification (Party ID) defined by the participant and labelled as «principal». The tariffs selected by the participant according to Directive 7: Fees and Costs apply to all other trades. The prerequisites for the applicability of the «Liquidity Provider Scheme» tariff are the monthly cumulative achievement of the prerequisites concerning passive market share, time present and average order size in Blue Chip Shares. Further information on the «Liquidity Provider Scheme» tariff can be found in section 7.3.5 of Directive 7: Fees and Costs of SIX Swiss Exchange. Interested participants can request the order form for the LPS tariff from Member Services (member.services@six-group.com / +41 58 399 2473). Please return the completed, signed form no later than five exchange days prior to the start of the month in question on SIX Swiss Exchange.

Amendment to Directive 7: Fees and Costs Directive 7: Fees and Costs of SIX Swiss Exchange was amended to reflect the introduction of the «Liquidity Provider Scheme» tariff and can now be viewed on the website of SIX Swiss Exchange.

SIX Swiss Exchange Ltd. T +41 58 399 5454 Selnaustrasse 30 F +41 58 499 5455 P.O. Box 1758 www.six-swiss-exchange.com CH-8021 Zurich

SIX Swiss Exchange message no. 17/2015 01.06.2015

The following table details the updates: Document Type of change Title Reference Amendment Clause 2 Definition for partial fulfilment and LPS New Clause 7.3.1 para. 3 Principle of ad valorem fee New Clause 7.3.2 Standard tariff Directive 7: Amendment Clause 7.3.3 Tariff for newly admitted participants Fees and Costs New Clause 7.3.4 para. 1 Commitment level tariff New Clause 7.3.5 LPS tariff Amendment Annex A, Clause 1.1 LPS transaction fee New Annex A, Clause 1.2.6 LPS ad valorem fee

A list of the revisions made to the directives of SIX Swiss Exchange, including information on changes to content, affected clauses and effective dates, can be found at:

Should you have any questions about the new LPS tariff or want further information, please contact your account manager. He or she will be pleased to advise you. Region Name Telephone E-mail Continental Europe and Diana D’Amelio +41 58 399 2974 diana.damelio@six-group.com Scandinavia Paul Tschirky +41 58 399 4195 paul.tschirky@six-group.com UK and Ireland Tony Shaw +44 207 864 4335 tony.shaw@six-group.com

SIX Swiss Exchange is committed to refining your trading and tariff models and continuously adjusting them in line with market requirements.

If you have any questions, please do not hesitate to contact Member Services:

Telephone: +41 58 399 2473 E-mail: member.services@six-group.com