Kick Out Bond 9 - brokersolutions.ie · Kick Out Bond 9. Dedicated to Financial Brokers Broker Solutions is a recently established business set up to serve the needs and objectives

CAPITAL AT RISK

MAY 2018

MMPI Limited trading as Broker Solutionsis regulated by the Central Bank of Ireland. www.brokersolutions.ie

Warning: This Bond is not Capital Protected. If you invest in this Bond you can lose some or all of the money you invest.

- Potential for Capital Growth- Soft Capital Protection- Investment in Oil stocks- Medium Term- Access to Capital During the Term- Summary Risk Indicator 5

Kick OutBond 9

Dedicated to Financial BrokersBroker Solutions is a recently established business set up to serve the needsand objectives of Irish Financial Brokers and their clients. Broker Solutionsimplements best international practice in the creation of its InvestmentSolutions designed specifically for Financial Brokers.

Structured InvestmentsBroker Solutions is passionate about creating the leadingand most innovative Structured Retail Products in the Irishmarket. We create a series of exciting new InvestmentSolutions for Financial Brokers and their clients every 2months.

Our Investment Strategies and Solutions are ResearchDriven. By combining the resources of our Research Teamand other leading international investment experts, ourInvestment Solutions have a strong economic andinvestment logic and represent international best practice inconstruction.

Broker Solutions operates an Open Architecture platform i.e.we work with a broad range of Irish & International Bankcounterparties. We work with high quality investment gradecounterparties when selecting partners to provide CapitalProtection or other Investment Risk Controlling or ReducingMechanisms.

We focus on providing Investment Solutions with liquidity.Where possible, we will create the provision for investors toexit their investment prior to maturity should theircircumstances change or if investment performance ishigher or lower than anticipated.

Our Investment Solutions offer a choice of:1. Investment Risk Levels: From 1 to 6.2. Investment Objectives: Capital Protection, Income, Capital Growth, Hedging Strategies etc.3. Taxation Treatment: Deposit Interest Retention Tax (DIRT), Capital Gains Tax (CGT) and Income Taxable investments.4. Asset Classes: Traditional Asset Classes such as equities, bonds and property and Alternative Asset Classes such as real estate, commodities, currencies, inflation, interest rates etc.5. Investment Techniques: Traditional Investment Techniques like long only with Alternative Investment Techniques like short selling, arbitrage, relative performance etc.

Our Investment Solutions are available to abroad range of investor types including:• Personal Investors• Pension Schemes• Post Retirement Schemes• Institutional Investors, Companies, Charities and other Not for Profit Organisations

Our Philosophy is the implementation of International Best Practicein Structured Investment Techniques for Financial Brokers and theirinvestor clients in Ireland.

www.brokersolutions.ie2

www.brokersolutions.ie 3

UNDERLYING INVESTMENTS:BP PLCENI SPAStatoil ASA

POTENTIAL RETURN OF10%

PER YEAR5

YEAR TERM

POTENTIAL FOR MATURITY AFTER

1 YEAR

POTENTIALRETURN IF

MARKETS RISEOR FALL

Soft Capital ProtectionAccess to CapitalA Rated CounterpartySummary Risk indicator 5

The Kick Out Bond 9 is an innovative new InvestmentSolution designed for investors who wish to invest in aStructured Retail Product that offers attractive potentialinvestment returns linked to the performance of 3 Oilstocks; and for investors seeking a risk-reducingmechanism to provide a degree of protection fromnormal stock market risk. The Bond is suitable as part ofthe process of constructing a genuinely diversifiedinvestment portfolio.

Features of the Kick Out Bond 9


1. Summary of Key Features

Warning: All of the terms outlined in this document are indicative and subject to change. The final terms will notbe known until 6 July 2018. Your Financial Broker will confirm the final terms in the Confirmation Letter issuedshortly after the Issue Date on 13 July 2018. If the terms of the Bond have changed significantly on 6 July 2018,your Financial Broker will contact you again requesting a new instruction to proceed with the investment.

Disclaimer: This document has not been reviewed, approved or otherwise endorsed by BNP Paribas or any of itsaffiliates and BNP Paribas accepts no responsibility in relation to the accuracy, completeness or adequacy of theinformation included herein. Nothing in this document should be considered to be a representation or warrantyby BNP Paribas to any person, including without limitation, any potential investor and any member of the public,regarding whether investing in the Bond described herein is suitable or advisable for such person.

• The Kick Out Bond 9 (the Bond) is an innovative new Investment Solution designed for investors who wish to invest in a Structured Retail Product that offers attractive potential investment returns linked to the performance of 3 Oil stocks; and for investors seeking a risk-reducing mechanism to provide a degree of protection from normal stock market risk. The Bond is suitable as part of the process of constructing a genuinely diversified investment portfolio.

• The Underlying Investments of the Bond are 3 large Oil Company shares or stocks as follows:

BP PLC ENI SPA Statoil ASA

• Investors in the Bond have their Capital at Risk. This means that you may lose some or all of the capital invested in this Bond. Broker Solutions considers the Bond to have a Summary Risk Indicator of 5 on its risk scale.

• Investors benefit from a Soft Capital Protection feature provided by BNP Paribas. Investors will receive back their initial capital if any of the 3 shares is above its initial level at the Final Valuation Date. If all 3 shares are below their initial level and any 1 share has fallen by 45% or more at the Final Valuation Date, investors will receive the performance of the worst performing share, no matter how much it has fallen.

• The Potential Return is 10% after 1 year. If all 3 shares are above 90% of their initial level i.e. all 3 shares have risen or fallen in value by less than 10%, investors will receive back their initial capital and a return of 10%. If not, but all 3 shares are above 90% of their initial level after 18 months, investors will receive back their initial capital and a return of 15%. This process continues every 6 months (with the return increasing by 5%) until all 3 shares are above 90% of their initial level or until maturity.

• The Term is 5 years.

• The Maximum Investment Return is 50%.

• The Bond will be listed on the Luxembourg Stock Exchange.

• Daily liquidity will be provided to investors that wish to sell the Bond prior to maturity under normal market conditions and at the discretion of BNP Paribas Arbitrage SNC.

• The Minimum Investment in the Bond is €25,000.

• The Closing Date for applications is 29 June 2018.

• Taxation: Our understanding is that the potential returns will be subject to Capital Gains Tax (CGT) in the case of Personal Investors and exempt from taxation in the case of Pension and Post Retirement Investors.


2. Description of the Kick Out Bond 9

The Bond is an innovative new Investment Solution designed for investors who wish to invest in a Structured RetailProduct that offers attractive potential investment returns linked to the performance of the shares of 3 large Oilcompanies; and for investors seeking a risk-reducing mechanism to provide a degree of protection from normal stockmarket risk. The Bond is suitable as part of the process of constructing a genuinely diversified investment portfolio.

The Bond is in the form of Preference Share linked Certificates issued under BNP Paribas Issuance B.V.'s Note, Warrantand Certificate Programme. The Issuer's Base Prospectus dated 7 June 2017 (the Base Prospectus) provides the completeterms and conditions of the Certificates. The Base Prospectus is expected to be updated in June 2018 and therefore thenew Base Prospectus will provide the complete terms and conditions of the Certificates. A copy of the Base Prospectus isavailable from your Financial Broker on request. If for any reason, the Base Prospectus is not updated during the offeringperiod for the Certificates, the investment will not proceed and investment monies will be returned.

This Bond is in the form of a Preference Share linked Certificate involving derivatives and is therefore a complex product.Investors should not invest in this Bond without having sufficient knowledge, experience and/or without having receivedprofessional advice from their Financial Broker to make a meaningful evaluation of the merits and risks of investing in aproduct of this type, and the information contained in this document and the Base Prospectus.

2.1 Investment Rationale

The Outlook for the Oil Sector

The demand for Oil is underpinned by supportive global economic growth expectations for 2018 and beyond. On thesupply side, a stronger than anticipated OPEC-led commitment to extend production cuts will support prices through2018, according to analysts at Goldman Sachs.

With Brent prices reaching USD$60 per barrel towards the end of 2017 and approaching USD$75 per barrel in April 2018,oil prices are expected to remain above USD$60 per barrel in 2018. This oil price level improves the operational andfinancial performance of the large Oil companies. While substitution risks remaining ongoing (as the world “goeselectric”), the improvement in oil prices means that large Oil companies now have cashflows that cover the dividendyield of 4% in the sector. At current oil prices, the cash appeal of large oil stocks has the potential to get stronger in 2018and beyond.

Exane BNP Paribas Changes to 2018 Sector Weightings

Source: Exane BNP Paribas Strategy 2018 (29 November 2017)

Sector Previous New

Oil & Gas Neutral Overweight

Media Underweight Neutral

Construction & Materials Overweight Neutral

Utilities Overweight Neutral


The Oil Stocks

BP PLC (Bloomberg Code: BP LN)If BP can deliver its guidance, the shares should meaningfully re-rate given free cash flow coverage of dividendrises to 1.4 times the 2021 estimate. We think the name is unloved and the cash profile both inorganic and organicimproves in 2018. With >95% of the Macondo claims processed, the risk of further extensions in the group’s liabilityis markedly lower. The shares currently trade at c.25% discount on 2019e EV/DACF to Supermajor peers. Patienceshould be rewarded given a c.6.0% dividend yield.

ENI SPA (Bloomberg Code: ENI IM)The Dual Exploration strategy should lead to lower capex and improved coverage of dividend in the longer term.The group's oil price break-even remains >USD$55 per barrel in the four year plan given the challenges of: 1) Highoil price sensitivity due to relatively smaller size of downstream businesses; 2) An underappreciation of theexposure to weaker European gas markets; and 3) Limited scope to lower capex in the short-term.

Statoil ASA (Bloomberg Code: STL NO)CEO Elder Saetre has impressively repositioned Statoil’s financial framework to balance at USD$50 per barrel.Exane BNP Paribas sees the following positives: 1) Cash neutrality at USD$50 per barrel in the four year plan, 2)Capex flex in 2018 supporting scrip removal, with flexibility driven by US onshore and the roll-off in sanctionedcapex. 3) Confidence with economics and execution of the “next generation” portfolio which breaks-even atUSD$27 per barrel, and 4) Attractive valuation.

Source: Exane BNP Paribas Global Big Oil (3 January 2018)

Selecting Oil Stocks for the Kick Out Bond 9

We are not necessarily suggesting that the share prices of large oil companies are set to increase dramatically in 2018 orbeyond. The Oil Sector is set to be stable in 2018 as Brent prices settle above or around USD$60 per barrel. This stableBrent price, has the potential either to allow large oil company share prices to continue to rise or remain stable, even ifequity markets generally experience declines in 2018 and beyond. This stability of Oil stock prices is reinforced by thecash covered dividend yield of 4%.

The Bond requires the prices of the 3 stocks to be positive or >-10% after 1 year and every 6 months thereafter, in order toproduce positive returns for investors. The expected stability of Oil stock prices is consistent with this -10% to positiveshare price change requirement for the Bond to generate returns for investors.

Back Testing

We back tested 2,610 5 year periods between 25 April 2003 and 25 April 2018. A summary of the back testing results are asfollows:

Source: Bloomberg, BNP Paribas (26 April 2018)

Warning: Past Performance is not a reliable guide to future performance.

Worst Return -49.69%

Best Return +50%

Average Return +8.61%

Number of times investors received negative returns 7 (0.27% of all 5 year periods tested)

Number of times investors received 0% return 593 (22.72% of all 5 year periods tested)

Number of times investors received positive returns 2,010 (77.01% of all 5 year periods tested)


2.2 The Target Market

Broker Solutions has targeted the Bond at Investors with characteristics indicated with a Yes (Y) in the table below:

Knowledge & ExperienceBasic Investor: Investors with one or more of the following characteristics: • Limited knowledge of the financial markets and investment instruments (a basic investor can make an informed investment decision based on the advice of a Financial Broker or other regulated Advisor). • No Investment Experience (a first time investor).

Informed Investor: Investors with one or more of the following characteristics: • Average knowledge of the financial markets and investment instruments (an informed investor can make an informed investment decision based on the advice of a Financial Broker or other regulated Advisor). • Some Investment Experience (made previous investments).

Advanced Investor: Investors with one or more of the following characteristics: • Good knowledge of the financial markets and investment instruments (an advanced investor can make an informed investment decision based on own knowledge and the advice of a Financial Broker or other regulated Advisor). • Financial Industry Experience, extensive Investment Experience (made multiple previous investments) or in receipt of discretionary portfolio management service.

Profile

YES (Y) / NO(N)

Investor Type Retail

Professional

Eligible Counterparty

Knowledge & Basic Investor

Informed Investor

Advanced Investor

Risk Tolerance Summary Risk Indicator

Ability to bear losses No Capital Loss

Limited Capital Loss

Capital at Risk

Investor Return Capital Protection

Capital Growth

Income

Other

Recommended Holding Period

Investment Term

Mandatory Early Maturity Feature

Distribution Strategy Execution Only

Investment Advice

Discretionary Managed Portfolio

TimeHorizon

Objectives

Experience

YNNNYY5NNYNYN

N/A

5 YEARS

MEDIUM

NY

Y

Y

Definitions:

Y = Yes: product is targeted atinvestors of this type, with thisknowledge & experience, risktolerance, ability to bear loss orinvestment objective.

N= No: product is not targeted atinvestors of this type, with thisknowledge & experience, risktolerance, ability to bear loss orinvestment objective.

Ability to bear lossesNo Capital Loss: 100% Capital Protected

Limited Capital Loss: Some capital can belost but losses mitigated by one or moreof the following: Partial Hard CapitalProtection (e.g. 80%, 90% or 95% CapitalProtection), A Fixed Investment Return(not performance dependent) othermitigating characteristics of a particularproduct that are described in thatproduct’s documentation.

Capital at Risk: Potential for some or allof the initial capital to be lost but lossescannot be more than the initial capitalamount invested.

The points above are not a complete listof all the considerations for eachinvestor when making a decision toinvest in this Bond. Each investor shouldconsult with their Financial Broker whowill assist in assessing if this Bond issuitable and appropriate for the investorconcerned.


SummaryBroker Solutions has targeted the Bond at investors who:• Have received advice from a Financial Broker and for whom this Bond is appropriate and suitable.• Are Retail Clients within the meaning contained in the Markets in Financial Instruments Directive II (MiFID II).• Have prior knowledge of investing in complex investments with capital at risk and/or have been advised by a Financial Broker regarding the risks and rewards of this type of Bond.• Are able to bear loss of some or all of the capital invested.• Are able to invest for the 5 year term.• Expect the Underlying Investments to achieve moderately negative to moderately positive returns during the chosen term.• Have a risk appetite consistent with the Summary Risk Indicator of 5.• Can invest a minimum of €25,000.• Understand that inflation will erode the future value of the amount invested and any investment return.• Understand that the return of the initial investment amount and any investment return is dependent on the creditworthiness of BNP Paribas and on the performance of the Underlying Investments.• Understand that the opportunity cost of an investment in this Bond is the interest foregone as a result of not placing the investment amount in an interest bearing deposit account.

Broker Solutions does not consider the Bond suitable for and has not targeted the Bond at investors who:• Have not received advice from a qualified Financial Broker firm or have little prior knowledge of investing in complex investments with capital at risk.• Are seeking an investment that is Capital Protected i.e. are not prepared to lose some or all of their original investment.• Are unable to invest for a term of 5 years.• Are seeking the potential for capital growth from their investment.• Cannot invest a minimum of €25,000.• Are uncomfortable that the taxation treatment of the Bond could change in the future and have an adverse effect on the return on the investment.

The points above are not a complete list of all the considerations for each investor when making a decision to investin this Bond. Each investor should consult with their Financial Broker who will assist in assessing if this Bond issuitable and appropriate for the investor concerned.


2.3 Indicative Investment Terms of the Bond

While the final terms of the Bond will not be known until 6 July 2018, based on market conditions on 25 April 2018, theBond is expected to have the following Key Investment Terms:

Indicative Key Feature Description

Certificate Issuer BNP Paribas Issuance BV

Guarantor BNP Paribas (A/Aa3/A+)

Redeemable Preference BNP Paribas Synergy Limited Share Linked Certificate Issuer

Calculation Agent BNP Paribas Arbitrage SNC

ISIN XS1754438940

Investment Term 5 years

Soft Capital Protection Investors will receive back their initial capital if any of the 3 shares are above their initial level on the Final Valuation Date. If all 3 shares are below their initial level and if any 1 share has fallen by 45% or more at the Final Valuation Date, investors will receive the performance of the worst performing share, no matter how much it has fallen.

Underlying Investments BP PLC (BP LN) ENI SPA (ENI IM) Statoil ASA (STL NO)

Potential Return 10% after 1 year. If all 3 shares are above 90% of their initial level after 1 year, the Bond will mature early, investors will receive back their initial investment and a return of 10%. If not, but all 3 shares are above 90% of their initial level after 18 months, the Bond will mature early, investors will receive back their initial investment and a return of 15%. This process continues every 6 months with the return increasing by 5% for each period passed until the return condition is met (i.e. the 3 shares are above 90% of their initial level) or until the Final Valuation Date as follows: Potential return after 1 year if return condition is met on 8 July 2019: 10% or Potential return after 18 months if return condition is met on 6 January 2020: 15% or Potential return after 2 years if return condition is met on 6 July 2020: 20% or Potential return after 30 months if return condition is met on 6 January 2021: 25% or Potential return after 3 years if return condition is met on 6 July 2021: 30% or Potential return after 42 months if return condition is met on 6 January 2022: 35% or Potential return after 4 years if return condition is met on 6 July 2022: 40% or Potential return after 54 months if return condition is met on 6 January 2023: 45% or Potential return on Final Valuation Date if return condition is met: 50% Minimum Return 0%

Maximum Return 50%

Minimum Investment €25,000

Closing Date 29 June 2018

Strike Date 6 July 2018 Issue Date 13 July 2018

Final Valuation Date 6 July 2023

Maturity Date 13 July 2023

Listing Luxembourg Stock Exchange

Liquidity Daily, under normal market conditions and at the discretion of BNP Paribas Arbitrage SNC

Taxation Our understanding is that the potential returns will be subject to Capital Gains Tax (CGT) in the case of Personal Investors and exempt from taxation in the case of Pension and Post Retirement Investors.


Warning: All of the terms outlined in this Brochure are indicative and subject to change. The final terms will notbe known until 6 July 2018.

Warning: If you invest in this Bond you may lose some or all of the money you invest.

Warning: The value of your investment may go down as well as up.

Warning: The above information represents our understanding of the taxation treatment of the Bond but doesnot constitute tax advice. Investors should satisfy themselves independently of the taxation treatment of theBond in their particular circumstances.

Warning: Investors should satisfy themselves independently in relation to revenue reporting requirements andthe implications of non-disclosure where required.

Warning: Tax rates and the Revenue’s policy in relation to the taxation treatment of this instrument are subjectto change without notice.

2.4 Sample Return Illustration

The table below describes potential returns to investors in the Bond in example negative, neutral and positiveinvestment return conditions for investors. The Potential Returns illustrated for each yearly period assume that the Bondhas not matured at an earlier date.

Period Projected Projected Result: Projected Investment Performance of the Return to Investors Return Conditions Worst Performing Share

Year 1 Negative -11% Continue to end of 18 months Neutral -4% Investors get capital back and a return of 10% Positive +8% Investors get capital back and a return of 10%

18 months Negative -18% Continue to end of 2 years Neutral -11% Continue to end of 2 years Positive +25% Investors get capital back and a return of 15%

Year 2 Negative -10% Continue to end of 30 months Neutral -2% Investors get capital back and a return of 20% Positive +25% Investors get capital back and a return of 20%

30 months Negative -12% Continue to end of 3 years Neutral +3% Investors get capital back and a return of 25% Positive +15% Investors get capital back and a return of 25%

Year 3 Negative -2% Investors get capital back and a return of 30% Neutral +2% Investors get capital back and a return of 30% Positive +22% Investors get capital back and a return of 30%

42 months Negative -15% Continue to end of 4 years Neutral -1% Investors get capital back and a return of 35% Positive +25% Investors get capital back and a return of 35%

Year 4 Negative -20% Continue to end of 54 months Neutral -18% Continue to end of 54 months Positive +9% Investors get capital back and a return of 40%

54 months Negative -13% Continue to Final Valuation Date Neutral +12% Investors get capital back and a return of 45% Positive +36% Investors get capital back and a return of 45%

Final Valuation Negative -18% Investors get capital back with no return Date Neutral +40% Investors get capital back and a return of 50% Positive +125% Investors get capital back and a return of 50%

Warning: These figures are estimates only. They are not a reliable guide to the future performance of yourinvestment.





2.5 Soft Capital Protection

If the Bond has not matured early, investors will receive back their initial capital if the any of the 3 shares are above theirinitial level at the Final Valuation Date. If all 3 shares are below their initial level and any 1 share has fallen by 45% ormore at the Final Valuation Date, investors will receive the performance of the worst performing share, no matter howmuch it has fallen. The table below illustrates the level of capital returned to investors in example negative, neutral andpositive investment return conditions:

Projected Investment Projected Projected Projected Projected Return Conditions at Performance Performance of the Performance of the Proportion of Final Valuation Date of the worst worst performing best performing Initial Capital performing share share on the Final share on the Final returned to during the Term Valuation Date Valuation Date the Investor

Very Negative -75% -65% -15% 35% Very Negative -75% -50% -5% 50%

Very Negative -75% -55% +5% 100%

Very Negative -65% -40% -10% 100%

Negative -20% -20% -10% 100%

Neutral -7.5% -5% +5% 100% Positive 0% +5% +25% 100%

Very Positive 0% +10% +30% 100%

Warning: These figures are estimates only. They are not a reliable guide to the future performance of yourinvestment.




2.6 Summary Risk Indicator

The Summary Risk Indicator (SRI) is a guide to the level of risk of this product compared to other products. It shows howlikely it is that the product will lose money because of movements in the markets or because BNP Paribas is not able topay the Investor. The risk indicator assumes the product is held until maturity.

We have classified this product as 5 out of 7, which is a medium-high risk class:

The actual risk can vary significantly if the Investor encashes prior to maturity. Investors may not be able to sell thisproduct easily or may have to sell at a price that significantly impacts on how much the Investor gets back.

The Summary Risk Indicator of 5 rates the potential losses from future performance at a medium-high level, and poormarket conditions are very unlikely to impact BNP Paribas’ capacity to pay you.

Investors will receive payments in the product's currency, which may be different from Investor’s domestic currency. Inthis case, be aware of currency risk. The final return Investors will get depends on the exchange rate between the twocurrencies. This risk is not considered in the indicator shown above.

41 2 3 5 6 7



Warning: The value of your investment can go down as well as up.

This product does not include any protection from future market performance so you could lose some or all of yourinvestment.

If BNP Paribas is not able to pay you what is owed, you could lose your entire investment.

For detailed information about all risks please refer to the risk sections of the Base Prospectus as specified in the section'Other relevant information' below.

2.7 Liquidity

The underlying Preference Share linked Certificates of the Bond will be listed on the Luxembourg Stock Exchange and aretradable investments (subject to the Warnings below).

BNP Paribas Arbitrage SNC endeavours to make a secondary market in the Preference Share linked Certificates, subjectto it being satisfied that normal market conditions prevail. Any prices indicated will be dependent upon factors affectingor likely to affect the value of the Certificates such as, but not limited to, the remaining time to the Maturity Date, theoutstanding principal amount, the Issuer's or, if applicable, the Guarantor's credit risk, the performance and volatility ofthe underlying asset, interest rates, exchange rates, credit spreads and any incidental costs etc. To the extent BNPParibas Arbitrage SNC holds Certificates that it can offer and subject to it being satisfied that normal market conditionsprevail, such prices will have a bid-offer spread no greater than 1%.

BNP Paribas Arbitrage SNC may determine a bid and offer price in a different manner than other market participants andprices can vary. Sometimes this variance may be substantial. BNP Paribas Arbitrage SNC may be the only market maker inthe Preference Share linked Certificates which may affect liquidity.

Therefore, investors will, in normal market conditions be able to sell the Preference Share linked Certificates at any timeduring the term. The price at which the Preference Share linked Certificates can be sold will be the open market valuedetermined by BNP Paribas Arbitrage SNC which will take fees and charges into account and can be lower than the initialamount invested.

Warning: BNP Paribas Arbitrage SNC may determine a bid and offer price in a different manner than othermarket participants and prices can vary. Sometimes this variance may be substantial. BNP Paribas ArbitrageSNC may be the only market maker in the Preference Share linked Certificate which may affect liquidity.

Warning: No representation is made as to the existence of a market for the underlying Preference Share linkedCertificates. BNP Paribas Arbitrage SNC will endeavour to make a secondary market in the Preference Sharelinked Certificates, subject to the bank being satisfied that normal market conditions prevail. Any pricesindicated will be dependent upon factors affecting or likely to affect the value of the Preference Share linkedCertificates such as, but not limited to, the remaining time to the Maturity Date, the outstanding principalamount, the Issuer's or, if applicable, the Guarantor's credit risk, the performance and volatility of theunderlying asset, interest rates, exchange rates, credit spreads, and any incidental costs etc.

Warning: Deductions for costs and charges are not made uniformly throughout the life of the product, but areloaded disproportionately onto the early period. If an investor sells the Bond prior to the end of the 5 year term,the practice of front-end loading will impact on the amount of money that the investor receives. The investormay not get back the full amount they invested.




2.8 Costs & Charges

The Costs & Charges associated with the Bond are fully reflected in the terms. This means that they are built into theprice paid for the Bond.

The parties involved in the Bond are expected to receive the following indicative commissions:1. Broker Solutions: 5%.2. Financial Brokers: Out of this commission amount, Broker Solutions will pay 2.5% of the amount invested to its appointed Financial Brokers for introducing clients to the Bond.

The total indicative commission payable to the parties involved in the Bond is 5% of the amount initially invested (basedon market conditions on 25 April 2018). This commission amount will be reflected in the quoted price of the Bond if soldprior to maturity.

Broker Solutions pays Merrion Stockbrokers Limited’s Account Opening, execution and safe custody fees from itscommission.

Pension and Post Retirement investors via a Friends First Self-Directed Plan will have a transaction fee of €75 deductedfrom their plan when investing in the Bond.

Key Information Document Costs IllustrationThe 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 the BNP Paribas fees, one-off, ongoing and incidental costs.

Costs over timeThe amounts shown here are the cumulative costs of the product itself, for three different holding periods. They includepotential early exit penalties. The figures assume you invest €10,000. The figures are estimates and may change in the future:

Investment €10,000

Composition of CostsThe 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; • the meaning of the different cost categories.

Warning: Deductions for costs and charges are not made uniformly throughout the life of the Bond, but areloaded disproportionately onto the early period. If an investor sells the Bond prior to the end of the 5 year term,the practice of front-end loading will impact on the amount of money that the investor receives. The investormay not get back the full amount they invested or the amount Capital Protected if held to maturity.

Scenarios If you cash in after 1 year If you cash in after 3 years If you cash in at maturity

Total costs €709.82 €666.58 €658.03Impact on return (RIY) per year 7.1% 2.17% 1.28%

This table shows the impact on return per year

One-off costs Entry costs 1.28% The impact of the costs you pay already included in the price. Exit costs 0.00% The impact of the costs of exiting your investment when it matures.Ongoing costs Portfolio transaction costs 0.00% The impact of the costs of us buying and selling underlying investments for the product Other ongoing costs 0.00% The impact of the costs that we take each year for managing your investment.Incidental costs Performance fees 0.00% The impact of the performance fees. We take these from your investment if the product outperforms the benchmark. Carried interests 0.00% The impact of the carried interests.

2.9 What happens if I die before the Bond Matures?

In the event of death of a sole investor or a surviving joint investor, the Bond may be held by the administrators of theestate until maturity. Alternatively, the Bond may be sold prior to maturity, subject to normal probate regulations, at itsrealisable value which may be lower than the original amount invested and lower than the Soft Capital Protectedamount. The proceeds from the sale of the Bond as a result of death will be paid to your Merrion Stockbrokers LimitedAccount or in the case of an insured pension or post retirement investor, to the investing life company.


Warning: Deductions for costs and charges are not made uniformly throughout the life of the Bond, but areloaded disproportionately onto the early period. If an investor sells the Bond prior to the end of the 5 year termas a result of death, the practice of front-end loading will impact on the amount of money that the investorreceives back. The investor may not get back the full amount they invested.

2.10 Taxation

It is our understanding that the potential return will be subject to Capital Gains Tax (CGT) in the case of Personal Investorsand exempt from taxation in the case of Pension and Post Retirement Investors. However, the taxation treatment of theBond will be based on Revenue’s policy at the time of the realising of any gain and on the individual circumstances ofeach investor.

2.11 Administrative Process

All of the Key Features outlined in this document are indicative and the final investment terms will not be known until 6July 2018. Investors will be advised of the final terms in the Confirmation Certificate issued within 5 business days of theIssue Date on 13 July 2018. Your investment will only proceed if the Potential Return every year is at or above 9%.

The Bond has been designed for Personal, Pension and Post Retirement Investors. Pension and Post Retirement Investorscan invest via the following types of schemes:-• Self-Directed Insured Pension Schemes (via Friends First).• Self-Directed Insured Approved Retirement Funds (ARFs) and Approved Minimum Retirement Funds (AMRFs) (via Friends First).• Small Self-Administered Pension Schemes (SSAPs).• Self-Administered ARFs and AMRFs.• Self-Administered PRSAs.• Self-Invested or Self-Directed Insured PRSAs.• Self-Invested or Self-Directed Insured Buy out Bonds.

Investors in the Bond must invest via a Merrion Stockbrokers Limited (Merrion) Account (except investors via insuredpension arrangements). Investors must complete and sign the Application Form below.

Your Financial Broker will assist you in completing your Application Form and in submitting the required documentation.

Warning: The above information represents our understanding of the taxation treatment of the Bond but doesnot constitute tax advice. Investors should satisfy themselves independently of the taxation treatment of theBond in their particular circumstances.

Warning: Investors should satisfy themselves independently in relation to revenue reporting requirements andthe implications of non-disclosure where required.

Warning: Tax rates and the Revenue’s policy in relation to the taxation treatment of this instrument are subjectto change without notice.

How to proceed: 1. Please read this Brochure, the Base Prospectus and the CAKID and Terms & Conditions of the Merrion Stockbrokers Account 2. Decide how much you wish to invest. 3. Complete the attached Application Form and submit it to your Financial Broker with your cheque/confirmation of your transfer and any other required documentation by 29 June 2018. 4. Your Financial Broker will forward your Application Form, payment details and certified proof of your Identity, Address and PPS number to Broker Solutions for processing.

Cheques should be made payable to Merrion Stockbrokers Limited.

Following the progress of your investment in the Bond Broker Solutions will provide regular updates on the performance of the Bond to your Financial Broker. Your Financial Broker will therefore be in a position to update you and advise you in relation to your investment during the 5 year term and at maturity.


Complaints ProcedureBroker Solutions aims to provide a friendly and efficient service to its customers and it is our policy to ensure thatall your concerns are dealt with promptly. If you have any complaint, please contact your Financial Broker in the first instance or, alternatively, the Head of Product Development, Broker Solutions, 4 The Concourse, BeaconCourt, Sandyford, D18 X4A4. Telephone 01-213 5755.

If you are dissatisfied with the outcome of our efforts to resolve your complaint you may refer your complaint to:The Financial Services Ombudsman’s Bureau, 3rd Floor, Lincoln House, Lincoln Place, Dublin 2.Lo Call: 1890 88 20 90 Telephone: (01) 6620899 Fax: (01) 6620890Email: [email protected]

2.12 The Parties Involved

Product Provider:Broker Solutions4 The ConcourseBeacon CourtSandyfordD18 X4A4

MMPI Limited trading as Broker Solutions is regulated by the Central Bank of Ireland.

Data ProtectionYour Information: The details provided in this application form, together with any other information that is furnished toBroker Solutions/Merrion in connection with this application or your account (“Information”), will be retained andprocessed by Broker Solutions and Merrion for the following purposes:-• processing and assessing the application(s);• opening and administrating your account with Merrion;• verifying the Information and otherwise meeting our legal and compliance obligations (which include those relating to the prevention of money laundering, financing of terrorism and fraud);• quality control and group reporting and management; and• if you have consented, for marketing purposes.

Disclosures: We may disclose Information in the following circumstances:-• to Broker Solutions’ or Merrion’s agents, advisers, service providers and contractors for the above purposes;• to other persons connected with your account (e.g. company directors, partners, etc.) and to your financial advisers orother intermediaries;• in the context of a sale of our business; or• where we are required by any regulatory body, law enforcement agency, court or other legal process.

Electronic Communications and Phone Calls: Your Information will be processed, recorded and retained by BrokerSolutions and Merrion in electronic form. You agree that Broker Solutions and Merrion may communicate with youelectronically in relation to your accounts, and that they may rely on such electronic communications, records, originalsand documents in any dealing with you. We may monitor and record telephone calls made to and from Broker Solutionsor Merrion for fraud and crime prevention, to assist in improving customer services, to evidence instructions or toprevent or resolve disputes.

Sensitive Data Consent: Sensitive personal data (such as health or criminal conviction data) will be obtained andadministered only where necessary to process your application or account.

Right of Access: You have the right to receive a copy of all personal data (within the meaning of the Data Protection Acts1988 and 2003) relating to you which is held by Broker Solutions or Merrion following a written request (for which a smallfee will be charged) and to have any inaccuracies in your personal data corrected. You may be required to provide BrokerSolutions or Merrion with sufficient information to verify your identity and locate your data.

By signing the application form you confirm that you consent to the use of the Information in the manner describedabove and, if applicable, that you have obtained the consent of all other persons identified in the form or associated withthe application.

For more information, please visit: www.dataprotection.ie/viewdoc.asp?DocID=4


2.13 About BNP Paribas Global Markets - Q1 2018

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3. General Risk Warnings

Warning: If BNP Paribas defaults or goes bankrupt you may lose some or all of your investment and becauseyou are investing in Preference Share linked Certificates issued by BNP Paribas Issuance BV and not a bankdeposit, you will not be eligible for compensation under any Deposit Guarantee or Deposit CompensationScheme.

Warning: This Bond is not Capital Protected. If you invest in this Bond you can lose some or all of the moneyyou invest.

Warning: Investors will benefit from the Potential Return if the predefined return condition is met. Investorswill not benefit from any additional positive investment performance generated by the UnderlyingInvestments over and above the Potential Return levels provided in advance. Investors will not benefit fromany dividends on the Underlying Investments.

Warning: The Preference Share linked Certificates underlying the Bond are a debt obligation of BNP Paribasand all payments on the Preference Share linked Certificates, including the repayment of principal, are subjectto the credit risk of BNP Paribas. Credit ratings can be a useful way to compare the credit risk associated withdifferent product providers and related investments. Credit ratings are assigned by independent companiesknown as ratings agencies and reviewed regularly. The guarantor, BNP Paribas’ long term credit rating as at 25April 2018 is Aa3 from Moody’s (its equivalent rating by Standard and Poor’s is A and from Fitch is A+). Youshould note that Moody’s rate companies from Aaa (Most Secure/Best) to C (Most Risky/ Worst), while Standard& Poor’s and Fitch rate companies from AAA (Most Secure/Best) to D (Most Risky/ Worst). Each of Moody’s,Standard & Poor’s and Fitch are independent ratings agencies. These credit ratings are reviewed on a regularbasis and are subject to change by these agencies.

Warning: The Bond is for Distribution by way of a Public Offer in the Republic of Ireland only.

Warning: Investors in the Bond will not benefit from dividends or coupons from the Underlying Investmentsand do not directly invest in the Indices.

Warning: The Underlying Investments can be volatile.

Warning: Investors should not read this document alone but should also read the associated prospectus whichis obtainable from your Financial Broker where the Terms & Conditions and a full list of Warnings are provided.

Warning: Neither Broker Solutions or BNP Paribas has provided any financial, legal, regulatory, tax, accountingor investment advice nor does Broker Solutions or BNP Paribas accept any responsibility for the appropriate-ness or suitability of the Bond for any investor.

Warning: This Bond is in the form of a Certificate involving derivatives and is therefore a complex product.Investors should not invest in this Bond without having sufficient knowledge, experience and professionaladvice from their Financial Broker to make a meaningful evaluation of the merits and risks of investing in aproduct of this type, and the information contained in this document and the Base Prospectus.

Warning: This document is not considered to be an assessment of the suitability or appropriateness for anyone investor or group of investors. The suitability or appropriateness of this product to your investmentexperience, investment objectives or risk profile should be discussed with your Financial Broker before anyinvestment in this Bond is made.

Warning: This product may be affected by changes in currency exchange rates.

Potential investors are urged to consult with their legal, regulatory, investment, accounting, tax and otheradvisors with regard to any proposed or actual investment in the Bond and to review the Base Prospectus.

Please see the Base Prospectus together with the Final Terms for a full detailed description of the Bond and inparticular, please review the Risk Factors associated with this Bond.

The Bond is for distribution by way of a Public Offering in the Republic of Ireland. This Brochure is for theexclusive use of investors categorised as retail clients within the meaning contained in the Markets in FinancialInstruments Directive (MiFID II).


Application FormBroker Solutions Kick Out Bond 9Please note that by signing this Application Form, you are confirming that you have read and understood the material in this Brochure and the BaseProspectus and that you have received advice from your Financial Broker in relation to the suitability and appropriateness of this investment foryou. If you are unclear about any of the information presented in this Brochure or the Base Prospectus or about the suitability of this investment foryou, please seek further advice from your Financial Broker before completing this Application Form.

In order to effect this investment, unless you are an insured pension investor, you will also need to open an Execution Only Account with MerrionStockbrokers Limited (“Merrion”). The Merrion Execution Only Stockbroking Account Opening Form (which includes its Terms of Business andClient Asset Key Information Document) is included within this pack of documentation for your completion. Note that Merrion will only provide youwith an Execution Only service. It will not provide you with any investment advice or recommendation nor will it carry out any assessment ofsuitability or of appropriateness relating to your proposed investment. Your Financial Broker will provide you with investment advice or arecommendation and it will carry out an assessment of suitability or appropriateness of this investment for you. Merrion shall rely on theinformation transmitted to it by Broker Solutions in relation to you, the client, and shall rely on the assessment carried out by your Financial Broker.

1. Investor InformationPlease complete Section A, B or C (as appropriate) and Section D in BLOCK CAPITALS and return along withyour cheque made payable to Merrion Stockbrokers Limited (or the investing life company where aninvestment is made on behalf of a Self-Directed or Self-Invested Insured Pension Plan). Prior to anytransaction being entered into, a completed Application Form must be received.

I/We hereby apply for the Broker Solutions Kick Out Bond 9 in the name(s) of:

A. Personal Investors

Primary Name*: Date of Birth:

Address*:

Telephone Number (Home): Mobile Number:

Email Address: Nationality:

PPS Number: Occupation:

Secondary Name*: Date of Birth:

Address*:

Telephone Number (Home): Mobile Number:

Email Address: Nationality:

PPS Number: Occupation:

*Certified proof of Identity and Address required. If your investment is being made together with another person you acknowledge that the investment will be a jointinvestment between the persons named herein.


B. Pension/Post Retirement Investors

Scheme Name: Pre or Post Retirement:

Scheme Provider Name: Scheme Type:

Policy/Plan/Account Number:

Revenue Number:

C. Company Investors

Entity Name: Primary Contact Name:

Address:

Company Phone: Primary Contact Phone:

Company Number: Primary Contact Email:

Revenue Number: Website Address:

D. All Investors

Foreign Account Tax Compliance Act (FATCA): Are you a citizen of, or resident for tax purposes in the US?

Primary Investor: Yes No

Secondary Investor: Yes No

Common Reporting Standards: Are you resident in any country or territory other than Ireland for tax purposes?

Primary Investor: Yes No

Secondary Investor: Yes No

If Yes, please list below the countries/territories in which you are resident and provide the relevant Tax Identification Number(s) (TIN) in each case:

Primary Investor: Country/Territory: TIN:

Secondary Investor: Country/Territory: TIN:

Source of Wealth & Source of Funds

Source of Wealth: Examples: Surplus Earned Income / Investment Gain or Income / Sale of Asset(s) / Retirement Lump Sum / Maturing Investment etc.

Source of Funds:

Payment by: (A) Cheque (drawn on an account in the name of the investor(s) (B) EFT (C) Existing Merrion Account Note: Drafts will not be accepted.


Do you understand the risks of the investment, including the potential that you couldlose some or all of the amount invested?

Do you understand that any return will depend on the performance of the UnderlyingInvestments and that in the event of adverse performance from the UnderlyingInvestments, you may not receive any growth?

Do you understand that the Bond is designed to be held for the full 5 year investmentterm and if you encash it early, the amount you may receive would depend on the valueof the Certificates at the date of sale and that this value could be less than the amountyou invested?

Do you understand that if BNP Paribas is unable to pay the amounts due when theinvestment matures, or on earlier encashment, you may lose some or all of your initialinvestment as well as any indicative returns which you might have otherwise expected?

Are your Investment Objectives and Risk Profile consistent with the Target Marketdescribed in Section 2.2 above?

Do you understand that you will not be entitled to compensation under any DepositProtection Scheme as a result of your investment in this Bond?

Do you understand the fees and charges described in Section 2.8 above?

Yes No

Yes No

Yes No

Yes No

Yes No

Yes No

Yes No

Investor Experience/Suitability & Appropriateness

I/We would describe myself/ourselves as having the following Investment Knowledge and Experience:

Basic (e.g. have never made an investment decision before) Informed (e.g. have made a number of investments in the past) Advanced (e.g. make regular investments on a frequent basis)

Do you have any other experience or training relevant to making investment decisions? Yes No

If yes, please provide any details:

Please tick box A, B or C for each of the 9 investment product categories below and indicate the number ofinvestments made and whether you were advised by a Financial Broker in each case:

Investment Type (A) Basic (B) Informed (C) Advanced (Number of Advised by a Knowledge Knowledge Knowledge Investments in Financial Broker & Experience & Experience & Experience the last 5 years (Y/N)

Equities

Bonds

Alternatives (commodities, hedge funds, private equity etc.)

Real Estate

Funds (all collective investments)

Tax Based Investments

Derivatives

Structured Products (Capital Protected)

Structured Products (Capital at Risk)


2. Application Amount

I/We wish to invest € in the Kick Out Bond 9.(€25,000 minimum in denominations of €1,000) and if necessary, to open a Merrion Account to do so.

3. Investor Declarations (Please confirm by ticking the boxes)

I/We declare that the details above are correct, and that I/We are over 18 and confirm that I/We understand the Key Features and Terms & Conditions of the Bond set out in this Brochure and the Base Prospectus. I/We confirm that the Bond is consistent with my/our Investment Objectives and Risk Profile.I/We understand that the indicative terms outlined in this document are subject to change and that the final terms will not beknown until 6 July 2018. I/We understand that I/We can lose some or all of the amount invested. I/We understand that the investment will not be deemed to have been made until the application has been accepted and that,if and when accepted, the investment will commence on 13 July 2018. Where applicable, I/we confirm that I/we have received a copy of the Merrion Stockbrokers Limited Terms of Business and ClientAsset Key Information Document (“CAKID”) and that I/We have read and understood this document and its contents. Where applicable, I/we hereby request and authorise you to place my/our Investment Amount in a Client Asset Account in thename of Merrion Stockbrokers Limited.Where applicable, I/we hereby authorise you to transmit to Broker Solutions and for Broker Solutions to transmit to Merrion client information you hold on me/us.

Primary Signature: Date:

Secondary Signature: Date: (Trustees where applicable)

Warning: This Bond is not Capital Protected. If you invest in this Bond you may lose some or all of the money youinvest.


4. The General Data Protection Regulation (GDPR) Consent:

I/we authorise Broker Solutions to hold my/our personal data on file and to process it for the purposes intended.

Primary Signature: Date:

Secondary Signature: Date:


5. Financial Broker Declarations (Please confirm by ticking the boxes)

We have conducted a full review of this investor’s financial circumstances.This Bond (in the form of Structured Notes involving derivatives and therefore a complex product) is suitable and appropriatefor the investor. The client understands the Key Features and the risks of the Bond.This Bond is consistent with the investor’s Investment Objectives and Risk Profile. We have advised the investor that this Bond is not Capital Protected and that they can lose some or all of the amount invested. We have complied in full with the Anti Money Laundering (AML) and combating terrorist system that applies to all designatedbodies. Where an investor has been identified as potentially vulnerable, we have followed our internal procedures in this regard.We confirm that we are appropriately authorised by the Central Bank of Ireland to recommend this Bond to the investor andhave done so in accordance with the requirements of such authorisation and also with due regard to the suitability and appropriateness approaches as laid down by the ESMA Guidance (ESMA(2014/146).

Financial Broker Advisor Name:

Financial Broker Advisor Signature: Date:

Merrion Execution Only Stockbroking AccountOpening Form for clients of Financial Brokers

WARNING: Please note that Merrion will only provide you with an Execution Only service. It will not provide you with any investmentadvice or recommendation nor will it carry out any assessment of suitability or of appropriateness relating to your proposedinvestment. Your Financial Broker will provide you with investment advice or a recommendation and it will carry out an assessment ofsuitability or appropriateness of this investment for you. Merrion shall rely on the information transmitted to it by the Product Produceror by your Financial Broker in relation to you, the client, and shall rely on the assessment carried out by your Financial Broker.


Section 1: GENERAL INFORMATION

Section 1A: Execution Only Account Type

Investor Type: Personal Joint Pension**

Corporate Trust Charity

**If Pension Account, please provide the following details:Pension Legal Name:

Pension Provider:

Section 1B: General Information

Investor 1: Please Provide Personal Details Of The Beneficial Owner:

Title: Name: Surname:

Date of Birth: Mobile: Email:

Home Address:

Nationality: PPS Number:

Investor 2: (If Joint Account): Please Provide Personal Details of the Beneficial Owner:

Title: Name: Surname:

Date of Birth: Mobile: Email:

Home Address:

Nationality: PPS Number:

Section 1C: Bank Details

Please Indicate The Details Of The Bank Account For The Transfer And/Or Receipt Of Funds To And From Merrion:

Bank Name:

Bank Address:

Account Name: Account Number:

Sort Code: IBAN:

BIC: Currency:


Section 2: REPORTABLE INFORMATION

Section 2A: Common Reporting Standards (CRS)

Please note that in certain circumstances, where you are identified as a tax resident in countries outside Ireland, we willbe obliged to share this information with the relevant tax authority via the Irish Revenue.Individual self-certification to be completed by investors, including joint holders.

Investor 1 Investor 2

Country/State of Birth

Please provide full details of countries in which you are a tax resident along with your relevant tax identificationnumber (TIN) of equivalent tax identifier (e.g. Social Security Number) for your tax jurisdiction:

Country: Country:

TIN: TIN:

Country: Country:

TIN: TIN:

Country: Country:

TIN: TIN:

If you are resident for tax purposes in more than 3 countries, please provide details in writing.

Section 2B: Foreign Account Tax Compliance Act (FATCA)

Please note that in certain circumstances, where you are identified as a tax resident in countries other than Ireland, wewill be obliged to share this information with the relevant tax authority via the Irish Revenue.

Individual self-certification to be completed by investors, including joint holders.

Note: You are generally defined as a US person or US tax resident if you were born in the United States of America (“US”)or you are/have been a US citizen/the holder of a US passport/Green Card.

Investor 1 Investor 2

I confirm that I AM NOT a US citizen orresident in the US for tax purposes Yes Yes

I confirm that I AM a US citizen and/or resident in the US for tax purposes and confirm that this is my US Federal Taxpayer Identifying Number (US TIN) Yes Yes

US TIN: US TIN:


SECTION 3: DOCUMENTATION REQUIRED TO ACTIVIATE A MERRION ACCOUNT

1. Duly completed Client Information Form2. Certified** proof of identification (e.g. passport, driving licence, identity card)3. Certified** proof of address issued within the last 6 months (e.g. bank statement, utility bill, government-issued correspondence)

Please Note:All documentation must be submitted and received by Merrion prior to the commencement of the businessrelationship. Under Data Protection Act 1988 & 2003, Merrion is obliged to obtain and process your personalinformation fairly, keep it safe and secure, process it only in ways compatible with the purpose for which it is obtained,keep it accurate and up-to-date, ensure that it is adequate, relevant and not excessive. Merrion will hold alldocumentation for no longer than necessary for the specified purpose and give you a copy of your data upon request.

**All documentation e.g. proofs of identity and address must be certified and stamped to be a true copy of the original.The list of those who can certify documentation includes but is not limited to: Garda (police), practising charteredaccountants, certified public accountants, notaries public, practising solicitors, embassy/consular staff, regulatedfinancial/credit institution staff, Justice of Peace or Commissioner of Oaths.

SECTION 4: DECLARATIONS

Section 4A: To be completed by the client

Please confirm by ticking the box.

*Please note that this will constitute a legally binding contract. If you have any queries, please contactMerrion for clarification.

I/We confirm that the information provided is true and accurate and that Merrion may rely solely on thisinformation. I/We acknowledge that any false declaration may result in the loss of our right to hold Merrionresponsible for any failure to comply with its obligations in relation to assessment of the appropriateness ofthe service to be provided.

I/We confirm that we will provide all documentation as requested by Merrion, whether as part of theapplication process or ongoing monitoring. We acknowledge that Merrion may forward such requests at anystage and that any failure to provide additional documentation/information may result in delay ofprocessing of my/our application as well as future payments. I/We also confirm that Merrion will be notifiedas soon as possible in relation to any material changes to my/our circumstances.

I/We have read, understood and accepted the Client Asset Key Information Document (“CAKID”).

I/We have read, understood and accepted the Terms of Business and consent to be bound by them. I/Wehereby agree to an account(s) being opened with Merrion Stockbrokers Ltd (“Merrion”, “the firm”).

I/We confirm to Merrion that we have authorised our Financial Broker to transmit my/our order andinformation about me/us to the relevant Product Producer and have authorised the Product Producer to, inturn, transmit my/our order and information about me/us to Merrion and we hereby confirm to Merrion thatit can rely on any such order or information so transmitted to it.

INVESTOR 1

Signature: Date:

Name and Surname (BLOCK CAPITALS):

INVESTOR 2

Signature: Date:

Name and Surname (BLOCK CAPITALS):


If joint account, please indicate Authorised Signatories:

We confirm that Merrion may accept instructions from ANY one of the account holders in relation togeneral operation of accounts (e.g. change of details), transfer of funds in and out of the account(s) aswell as entering into transactions. Instructions can be issued either in writing (e.g. e-mail, letter) or overthe recorded line.

We confirm that Merrion may only act when instructed by ALL of the account holders in relation togeneral operation of accounts (e.g. change of details), transfer of funds in and out of the account(s) aswell as entering into transactions. Instructions can be issued either in writing (e.g. e-mail, letter) or overthe recorded line.

Section 4B: To be completed by the Financial Broker

Please confirm by ticking the box.

*Please note that this will constitute a legally binding contract. If you have any queries, please contactMerrion for clarification or consult your independent legal advisor.

We confirm that we have obtained client(s) anti-money laundering documentation in accordance withthe Criminal Justice (Money Laundering & Terrorist Financing) Act 2010 as amended.

We confirm that we have obtained all relevant information in relation to our client(s) knowledge andexperience, including education and qualifications.

We confirm that we have obtained all information in relation to client(s) investment objectives, riskprofile & capacity for loss.

We confirm that we have obtained all information in relation to client(s) financial status, includingsource of overall wealth & source of funds for this investment.

Source of Wealth (e.g. Salary, Savings Inheritance):

Source of Funds (e.g. EFT, Cheque): (Note: Drafts will not be accepted)

We confirm that we will provide Merrion with a copy of the above upon request.

Signature: Date:

Name & Position of Authorised Signatory (BLOCK CAPITALS):

Application ChecklistBroker Solutions Kick Out Bond 9

1. Completed Application Form

Completed by Investor and Financial Broker

2. Payment

Cheque, EFT or Existing Merrion Account (Drafts will not be accepted)

Cheques made payable to Merrion Stockbrokers Limited

Account Details for EFTs below

Investments via Pension & Post Retirement Schemes transfer investment monies via Administrator/Trustee

3. Certified Proof of Identity

Certified copy of valid passport, driving license for each Investor

4. Certified Proof of Address

Certified copy of valid (within last 6 months) proof of address e.g. utility bills (not mobile phone), bank statements, correspondence from Revenue etc.

Bank Account Details

Please make EFTs to the following account:

Merrion Stockbrokers LimitedClient Asset AccountBank of IrelandBIC: BOFIIE2DIBAN: IE 38 BOFI 9014 9067 4917 21

Reference: Investor Name


4 The Concourse, Beacon Court,Sandyford, D18 X4A4

www.brokersolutions.ie

MMPI Limited trading as Broker Solutions is regulated by the Central Bank of Ireland.

Documents

Kick Out Bond 9 - brokersolutions.ie · Kick Out Bond 9. Dedicated to Financial Brokers Broker Solutions is a recently established business set up to serve the needs and objectives