Disclosure and Transparency Ongoing Requirements on Frankfurt Stock Exchange

Deutsche Börse Group Disclosure and Transparency Ongoing Requirements on Frankfurt Stock Exchange Deutsche Börse Group, March 30, 2012 Agenda Overview EU-regulated Markets: General Standard Prime Standard Rule Enforcement Exchange regulated Market: Entry Standard Advantages of high transparency 1 Overview Deutsche Börse Group, March 30, 2012 Overview FSE market segments and target co. [...] 15 Deutsche Börse Group, March 30, 2012 Rule Enforcement Disciplinary Committee The disciplinary committee has the possibility to impose a reprimand or a fine if the issuer breaches the duties he has due to his admission to the Prime Standard Fine up to € 250,000 Malice or negligence Composition of the disciplinary committee and proceedings of the disciplinary committee are regulated in th. [...] presentation to analysts or investor) Contractual penalty or termination of inclusion in case of violations of obligations 18 Advantages of high transparency Deutsche Börse Group, March 30, 2012. [...] Advantages of high transparency INSTITUTIONAL INVESTORS RETAIL INVESTORS Transparency Raises investor confidence Higher investor visibility and analyst coverage Higher stock liquidity and lower price volatility Inclusion in selection indices of Deutsche Börse 20 Liquidity Deutsche Börse Group, March 30, 2012 Advantages of high transparency Higher trading volumes* Average Daily Trading Volu. [...] 2011 In € million In € million In € million in € million In € million in € million In total.