investment varies, and are not an exact indicator. What you get will vary depending on how the market performs and how long you keep the investment/product. The stress scenario shows what you might get back in extreme market circumstances, and it does not take into account the situation where the Issuer is not able to pay you or may decide not to make interest payments and not to redeem the product. The figures shown include all the costs of the product itself but do not include the costs that you pay to your advisor or distributor. The figures do not take into account your personal tax situation, which may also affect how much you get back. What happens if DLF A/S is unable to pay out? You are exposed to the risk that the Issuer will not exercise its right of redemption and that the invested capital will therefore not have any repayment obligations until the maturity date. The Issuer is also entitled to defer interest payments. If the Issuer is unable to meet its (re)payment obligations under the product, you may suffer losses under the security. Your claim against the Issuer under the product are deeply subordinated. This means that in the event of the insolvency or dissolution of the Issuer, all creditors will be satisfied with priority claims before you. A total loss of the invested capital is possible. A loss is not covered by a compensation or protection system for investors. What are the costs? The Reduction in Yield (RIY) shows what impact the total costs you pay will have on the investment return you might get. The total costs take into account one-off, ongoing and incidental costs. The amounts shown here are the cumulative costs of the product itself, for three different holding periods. They include potential early exit penalties. The figures assume you invest EUR 10,000. The figures are estimates and may change in the future. Costs over time The person selling you or advising you about this product may charge you other costs. If so, this person will provide you with information about these costs, and show you the impact that all costs will have on your investment over time. Investment (EUR 10.000) Scenarios If you cash in after If you cash in at the recommended 1 year holding period Total costs (EUR) Impact on return (RIY) per year 96.62 1.11 % 48.31 0.28 % Composition of costs The table below shows: • The impact each year of the different types of costs on the investment return you might get at the end of the recommended holding period. • What the different cost categories mean. This table shows the impact on return per year One-off costs Entry costs 0.28 % Exit costs n.a. Ongoing costs Portfolio transaction costs 0 % Other ongoing costs 0 % The impact of the costs you pay when entering your investment. This is the most you will pay, and you could pay less. The impact of the costs of exiting your investment when it matures. The impact of the costs of us buying and selling underlying investments for the product. The impact of the costs that we take each year for managing your investments and the costs presented in Section II. How long should I hold it and can I take money out early? Recommended holding period: until 27 November 2022 The product is designed for being called at the first call date (i.e. 27 November 2022). The realised/actual holding period can vary due to the callable structure of the product. Only the Issuer has the right to decide to redeem the product; the Issuer may give you not less than 30 nor more than 60 days' notice of redemption. You have no right to be redeemed prior to call of the product by the Issuer. The only option is to sell the product on Nasdaq First North Bond Market or over-the-counter prior to repayment by the Issuer. Costs may arise from the sale (such as execution fees, etc.). The amount you receive on such a sale may also be significantly less than the amount you would have received if you had held the product until redemption by the Issuer. In exceptional market situations or technical disruptions, the purchase or sale of the product may be temporarily hindered and/or suspended or not possible. How can I complain? Any complaint regarding the product or the conduct of the Issuer can be submitted in written form to DLF Seeds A/S, Ny Østergade 9, 4000 Roskilde, Denmark, Attention: Lars Johansen or by e-mail to lj@dlf.dk. If you have a complaint about a person who is advising on, or selling, the product you should pursue that complaint with the relevant person. Other relevant information The terms and conditions is the sole legally binding documentation for the product. To obtain full information on the product, in particular about the product characteristics and the risks associated with this investment, the terms and conditions should be read. The terms and conditions are available on the website www.dlf.com or www.dlf.dk.
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