Richter has signed a market making agreement

Gedeon Richter Plc. (hereinafter "Richter") hereby notifies its honourable shareholders that in accordance with the terms of the Bond Funding for Growth Scheme of the Central Bank of Hungary, on 1 June 2021 Richter and Raiffeisen Bank Hungary Zrt. (hereinafter "Market maker") entered into a market making agreement in relation to the 1400 bonds with security name "RICHTER 2031 HUF Bond" to be issued on 2 June 2021, with a total face value of HUF 70 billion, under ISIN: HU0000360441.

The main, highlighted terms and conditions of the above referred market making agreement are as set out below:

Effectivity of the contract:performing market making activities on Xbond, a multilateral trading facility operated by BSE, throughout the whole registration period starting from the first trading day of the bonds on Xbond platform (until the bonds' maturity date);

Performance time of market making obligations within trading time:the Market maker shall, on each trading day, at least for 15 minutes between 9:00 and 16:30 submit two-way quotes, for its own account, for the same amount of bonds;

Spread:the bid-ask spread (between yields) shall not exceed 200 bps quoted for 2nd trading day following the performance of market making;

Minimum bid obligation:nominal value of the quote, on both bid and ask side, shall be at least EUR 100,000 equivalent in HUF or at least 1 piece of bond.

Gedeon Richter Plc.

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Gedeon Richter plc published this content on 02 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 June 2021 14:12:00 UTC.