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CONFIDENTIALITY, LEGAL CAPACITY, INSIDER TRADING AND MONEY LAUNDERING

5.1 All persons associated with the Law Firm Poul Schmith are under bound by a duty of confidentiality in relation to unauthorised persons as regards the contents and character of the Law Firm's cases as well as any information from the client and concerning the client, unless due to specific circumstances a particular piece of information is not of a confidential nature. We have set up special security mechanisms in order to protect sensitive and confidential material.

5.2 The Law Firm Poul Schmith has set up special regulations and procedures which serve to counter conflicts of interests upon receipt of the case and to handle conflicts of interests which may arise en route. The Agreement of the Legal Adviser to the Danish Government with the Danish Ministry of Finance further implies that we cannot take on assignments for non-governmental clients in matters involving a risk of conflicting interests with the Danish State.

5.3 All persons associated with the Law Firm Poul Schmith are subject to the prohibition on insider trading as stipulated in the Danish Securities Trading Act. It is the responsibility of the law firm, the law firm's partners and staff not to misuse the knowledge obtained in connection with our work. We have established internal procedures to avoid insider trading.

5.4 All persons associated with the Law Firm Poul Schmith are subject to the regulations of the Danish Act on Measures to Prevent Money Laundering and Financing of Terrorism. Thus, amongst other things we must obtain and keep information for the identification of the client as well as information on the client's structure of ownership and control in order to identify the actual owners, if the client is a legal person.

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