Explain the requirements and process for listing of Shares/GDRs on the Euro MTF.

Listing on the Euro MTF will require submission of a prospectus to LuxSE. Once your prospectus has been reviewed and approved, your share or GDR will be listed and admitted to trading. Process and Requirements: Choose a listing agent (optional): It is not mandatory to appoint a listing agent. Either the issuer itself or a company acting on its behalf can submit requests for approval. Listing Requirements: In order to list on the Euro MTF, a security must fulfil the following criteria, among other things: Minimum capital of €1,000,000, or equivalent value in other currencies Minimum public free float of 25% Securities should be eligible for clearing and settlement Securities should be freely negotiable and fungible Listing Process: File a prospectus: To begin the listing process, the following documents to be sent to LuxSE: A copy of your prospectus; Application form Undertaking letter Articles of association Existing agreements/conventions The last three annual financial reports (if published) Prospectus review: A first set of comments on a complete draft prospectus will be sent to you within a maximum period of three business days from the date of receipt of the filed application. Additional comments following submission of an updated draft prospectus will be provided within a maximum of two business days after submission. Final submission: Listing can take place after receipt of the following items: Final version of the prospectus First listing price Fees: All fees are to be paid to LuxSE and are priced in euros. The fee structure will vary depending on whether or not you are a "recently established company", i.e. a company that has not published or registered annual accounts for the three previous financial years. Continuing Obligations: After listing and admission to trading, issuers must fulfil specific reporting obligations. For example, issuers must file information and scheduled corporate events with LuxSE. LEI Code: In the context of MiFID II / MiFIR and MAR, the LuxSE is obliged to collect a 'Legal Entity Identifier' or 'LEI' code from any issuer operating on its regulated market (Bourse de Luxembourg) and on its Multilateral Trading Facility (Euro MT F) and communicate it to the relevant supervisory authorities.