COMMERZBANK AKTIENGESELLSCHAFT Frankfurt am Main Final Terms dated 11 April 2014 relating to Warrants relating to Shares denominated in to be publicly offered in the Kingdom of Sweden and to be admitted to trading on the Nordic Derivatives Exchange with respect to the Base Prospectus dated 15 May 2013 relating to Warrants
INTRODUCTION These Final Terms have been prepared for the purpose of Article 5 (4) of Directive 2003/71/EC (the Prospectus Directive") as amended (which includes the amendments made by Directive 2010/73/EU (the "2010 PD Amending Directive") to the extent that such amendments have been implemented in a relevant Member State of the European Economic Area), as implemented by the relevant provisions of the EU member states, in connection with Regulation 809/2004 of the European Commission and must be read in conjunction with the base prospectus relating to Warrants (consisting of the Summary and Securities Note both dated 15 May 2013, the first supplement dated 07 June 2013, the second supplement dated 23 August 2013, the third supplement dated 13 September 2013 and the fourth supplement dated 26 November 2013 and the Registration Document dated 6 November 2013, the first supplement dated 14 November 2013 and the second supplement dated 21 February 2014 of Commerzbank Aktiengesellschaft) (the "Base Prospectus") and any supplements thereto. The Base Prospectus and any supplements thereto are published in accordance with Article 14 of Directive 2003/71/EC in electronic form on the website of Commerzbank Aktiengesellschaft at www.commerzbank.com. Hardcopies of these documents may be requested free of charge from the Issuer's head office (Kaiserstraße 16 (Kaiserplatz), 60311 Frankfurt am Main, Federal Republic of Germany). In order to obtain all information necessary to the assessment of the Warrants both the Base Prospectus and these Final Terms must be read in conjunction. All options marked in the Base Prospectus which refer (i) to Warrants relating to Shares and (ii) the Share underlying the Warrants shall apply. The summary applicable for this issue of Warrants is annexed to these Final Terms. Issuer: Information on the Underlying: Offer and Sale: Commerzbank Aktiengesellschaft Information on the Share underlying the Warrants is available on the websites as set out in the table attached to these Final Terms. Commerzbank offers from 11 April 2014 Warrants relating to Shares with an issue size and an initial issue price per Warrant as set out in the table attached to these Final Terms. As a rule, the investor can purchase the Warrants at a fixed issue price. This fixed issue price contains all costs incurred by the Issuer relating to the issuance and the sale of the Warrants (e.g. distribution cost, structuring and hedging costs as well as the profit margin of Commerzbank). Consent to the usage of the Base Prospectus and the Final Terms: The Issuer hereby grants consent to use the Base Prospectus and these Final Terms for the subsequent resale or final placement of the Warrants by any financial intermediary. Payment Date: 11 April 2014 The offer period within which subsequent resale or final placement of Warrants by financial intermediaries can be made, is valid only as long as the Base Prospectus and the Final Terms are valid in accordance with Article 9 of the Prospectus Directive as implemented in the relevant Member State. The consent to use the Base Prospectus and these Final Terms is granted only in relation to the following Member State(s): the Kingdom of Sweden. - 2 -
Clearing number: The ISIN as set out in the table attached to these Final Terms. The local code as set out in the table attached to these Final Terms. Currency Minimum Trading Size: Listing: Applicable Special Risks: Swedish Kronor ("") 1 (one) Warrant(s) The Issuer intends to apply for the listing and trading of each series of the Warrants on the regulated market of Nordic Derivatives Exchange with effect from 11 April 2014. In particular, the following risk factors (2. "Special Risks") which are mentioned in the Base Prospectus are applicable: 2.1 Dependency of the redemption and the value of the Warrants on the performance of the Underlying (Warrants (CALL)) 2.2 Dependency of the redemption and the value of the Warrants on the performance of the Underlying (Warrants (PUT)) 2.10 Warrants without an exercise option during the term (European exercise) 2.12 Leverage Effect 2.16 Underlying Share Applicable Terms and Conditions: Terms and Conditions for Warrants relating to Shares - 3 -
Conditions that complete and specify the applicable Terms and Conditions: 1 FORM 1. The Warrants (the "Warrants") of each series issued by Commerzbank Aktiengesellschaft, Frankfurt am Main, Federal Republic of Germany (the "Issuer") will be in dematerialised form and will only be evidenced by book entries in the system of Euroclear Sweden AB, Klarabergsviadukten 63, P.O Box 191, SE- 101 23, Kingdom of Sweden ("Euroclear Sweden") for registration of securities and settlement of securities transactions (the "Clearing System") in accordance with Chapter 4 of the Swedish Financial Instruments Accounts Act (Sw. lag (1998:1479) om kontoföring av finansiella instrument) to the effect that there will be no certificated securities. 2. Registration requests relating to the Warrants shall be directed to an account operating institute. 3. Transfers of Warrants and other registration measures shall be made in accordance with the Swedish Financial Instruments Accounts Act (1998:1479), the regulations, rules and operating procedures applicable to and/or issued by Euroclear Sweden. The Issuer is entitled to receive from Euroclear Sweden, at its request, a transcript of the register for the Warrants. 4. The Issuer reserves the right to issue from time to time without the consent of the Warrantholders additional tranches of Warrants with substantially identical terms, so that the same shall be consolidated to form a single series and increase the total volume of the Warrants. The term "Warrants" shall, in the event of such consolidation, also comprise such additionally issued Warrants. "Warrantholder" means any person that is registered in a book-entry account managed by the account operator as holder of a Warrant. For nominee registered Warrants the authorised custodial nominee account holder shall be considered to be the Warrantholder. 2 DEFINITIONS "Exchange" means the exchange as set out in the table attached to these Final Terms. "Exercise Date" means the date as set out in the table attached to these Final Terms. "Payment Business Day" means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in and Frankfurt am Main and on which the Clearing System settles payments in. "Ratio" shall be expressed as a decimal figure and be equal to the figure set out in the table attached to these Final Terms. "Settlement Date" means the tenth Payment Business Day following a relevant date. "Share" means the share as set out in the table attached to the Final Terms. "Valuation Date" means the Exercise Date. If on the Valuation Date there is no Reference Price or on the Valuation Date a Market Disruption Event occurs, the Valuation Date shall be postponed to the next following Exchange Business Day on which there is a Reference Price again and on which a Market Disruption Event does not occur. - 4 -
If, according to the before-mentioned, the Valuation Date is postponed for ten consecutive Exchange Business Days, and if also on such day there is no Reference Price or a Market Disruption Event occurs on such day, then this day shall be deemed to be the Valuation Date and the Issuer shall estimate the Reference Price in its reasonable discretion (billiges Ermessen, 315 German Civil Code (BGB)), and in consideration of the prevailing market conditions on such day and make a notification thereof in accordance with 9. 3 OPTION RIGHT 1. The Warrants grant to the Warrantholder the right (the "Option Right") to receive from the Issuer the payment of the Cash Amount in Swedish Kronor ("") ( 0.005 will be rounded up) in accordance with these Terms and Conditions. The "Cash Amount" per Warrant shall be equal to the product of (i) the amount by which the Reference Price on the Valuation Date exceeds the Strike (in the case of Type Call) or is exceeded by the Strike (in the case of Type Put) and (ii) the Ratio. "Type" means the type as set out in the table which is attached to the Final Terms. "Strike" means the strike as set out in the table which is attached to the Final Terms. 2. The Option Right shall be deemed to be automatically exercised on the Exercise Date, provided that the Cash Amount is a positive amount at that time. 3. The Issuer shall pay the Cash Amount to the Warrantholders not later than on the Settlement Date. Such payment shall be made to the Paying Agent for transfer to the Clearing System or pursuant to the Clearing System's instruction for credit to the relevant accountholders. Payment to the Clearing System or pursuant to the Clearing System's instruction shall release the Issuer from its payment obligations under the Warrants in the amount of such payment. Paragraph 1: 7 PAYING AGENT 1. Skandinaviska Enskilda Banken AB (publ), a banking institution incorporated under the laws of Sweden, whose corporate seat and registered office is at Kungsträdgårdsgatan 8, SE-106 40, Sweden, acting through its division SEB Merchant Banking, Securities Services, shall be the paying agent (the "Paying Agent"). 8 SUBSTITUTION OF THE ISSUER Paragraph 2 e: applicable 9 NOTICES Paragraph 2 second sub-paragraph: Website: www.warrants.commerzbank.com - 5 -
11 FINAL CLAUSES Paragraph 1: 1. The Warrants and the rights and duties of the Warrantholders, the Issuer, the Paying Agent and the Guarantor (if any) shall in all respects be governed by the laws of the Federal Republic of Germany except 1 paragraph 1 3 of the Terms and Conditions which shall be governed by the laws of the Kingdom of Sweden. - 6 -
Annex to the Final Terms for Warrants relating to Shares Characteristics For each series of Warrants the terms Type, Share, ISIN, Local Code, Strike, Exercise Date, Exchange, Website, Ratio, Issue Size and Issue Price shall have the following meanings: Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1R1 ABB4Q 175CBK 175.00 16-May-2014 0.1 1,000,000 1.19 Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1S9 ABB4F 185CBK 185.00 19-Jun-2014 0.1 1,000,000 0.13 Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1T7 ABB4R 170CBK 170.00 19-Jun-2014 0.1 1,000,000 0.97 Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1U5 ABB4G 190CBK 190.00 18-Jul-2014 0.1 1,000,000 0.15 Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1V3 ABB4S 175CBK 175.00 18-Jul-2014 0.1 1,000,000 1.41 Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1W1 ABB5M 165CBK 165.00 16-Jan-2015 0.1 1,000,000 1.35 Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1X9 ABB5C 170CBK 170.00 0.1 1,000,000 1.40 Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1Y7 ABB5C 190CBK 190.00 0.1 1,000,000 0.71 Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1Z4 ABB5C 210CBK 210.00 0.1 1,000,000 0.34 Put ABB Ltd. (ISIN CH0012221716) DE000CB5U201 ABB5O 155CBK 155.00 0.1 1,000,000 1.06 Call Africa Oil Corp. (ISIN CA00829Q1019) DE000CB5U219 AFO4L 46CBK 46.00 19-Dec-2014 0.1 1,000,000 0.97 Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U227 ALF4E 200CBK 200.00 16-May-2014 0.1 1,500,000 0.07 Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U235 ALF4Q 185CBK 185.00 16-May-2014 0.1 1,500,000 0.90-7 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U243 ALF4F 205CBK 205.00 19-Jun-2014 0.1 1,500,000 0.12 Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U250 ALF4R 180CBK 180.00 19-Jun-2014 0.1 1,500,000 0.82 Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U268 ALF4G 210CBK 210.00 18-Jul-2014 0.1 1,500,000 0.15 Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U276 ALF4S 185CBK 185.00 18-Jul-2014 0.1 1,500,000 1.24 Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U284 ALF4I 210CBK 210.00 19-Sep-2014 0.1 1,500,000 0.32 Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U292 ALF4U 185CBK 185.00 19-Sep-2014 0.1 1,500,000 1.53 Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U2A5 ALF5M 175CBK 175.00 16-Jan-2015 0.1 1,500,000 1.43 Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U2B3 ALF5C 190CBK 190.00 0.1 1,500,000 1.51 Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U2C1 ALF5C 210CBK 210.00 0.1 1,500,000 0.85 Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U2D9 ALF5C 230CBK 230.00 0.1 1,500,000 0.45 Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U2E7 ALF5O 175CBK 175.00 0.1 1,500,000 1.59 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2F4 ASS4Q 350CBK 350.00 16-May-2014 0.05 2,500,000 0.96 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2G2 ASS4R 350CBK 350.00 19-Jun-2014 0.05 2,500,000 1.12 Call Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2H0 ASS4G 370CBK 370.00 18-Jul-2014 0.05 2,500,000 0.31 Call Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2J6 ASS4G 390CBK 390.00 18-Jul-2014 0.05 2,500,000 0.15 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2K4 ASS4S 340CBK 340.00 18-Jul-2014 0.05 2,500,000 0.97-8 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2L2 ASS4I 345CBK 345.00 19-Sep-2014 0.05 2,500,000 0.99 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2M0 ASS4U 340CBK 340.00 19-Sep-2014 0.05 2,500,000 1.23 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2N8 ASS5M 335CBK 335.00 16-Jan-2015 0.05 2,500,000 1.46 Call Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2P3 ASS5C 350CBK 350.00 0.05 2,500,000 1.52 Call Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2Q1 ASS5C 370CBK 370.00 0.05 2,500,000 1.14 Call Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2R9 ASS5C 390CBK 390.00 0.05 2,500,000 0.84 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2S7 ASS5O 315CBK 315.00 0.05 2,500,000 1.20 Put Assa-Abloy AB (ISIN SE0000255648) DE000CB5U2T5 ASS5O 335CBK 335.00 0.05 2,500,000 1.64 Call AstraZeneca PLC (ISIN GB0009895292) DE000CB5U2U3 AZN5C 420CBK 420.00 0.05 2,000,000 1.51 Call AstraZeneca PLC (ISIN GB0009895292) DE000CB5U2V1 AZN5C 440CBK 440.00 0.05 2,000,000 1.15 Call AstraZeneca PLC (ISIN GB0009895292) DE000CB5U2W9 AZN5C 460CBK 460.00 0.05 2,000,000 0.88 Put AstraZeneca PLC (ISIN GB0009895292) DE000CB5U2X7 AZN5O 390CBK 390.00 0.05 2,000,000 1.57 Put AstraZeneca PLC (ISIN GB0009895292) DE000CB5U2Y5 AZN5O 410CBK 410.00 0.05 2,000,000 2.07 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U2Z2 ATC4E 210CBK 210.00 16-May-2014 0.1 2,500,000 0.12 Put Atlas Copco AB (ISIN SE0000101032) DE000CB5U300 ATC4Q 185CBK 185.00 16-May-2014 0.1 2,500,000 0.55 Put Atlas Copco AB (ISIN SE0000101032) DE000CB5U318 ATC4Q 195CBK 195.00 16-May-2014 0.1 2,500,000 1.05-9 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U326 ATC4F 220CBK 220.00 19-Jun-2014 0.1 2,500,000 0.12 Put Atlas Copco AB (ISIN SE0000101032) DE000CB5U334 ATC4R 185CBK 185.00 19-Jun-2014 0.1 2,500,000 0.75 Put Atlas Copco AB (ISIN SE0000101032) DE000CB5U342 ATC4R 195CBK 195.00 19-Jun-2014 0.1 2,500,000 1.24 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U359 ATC4G 205CBK 205.00 18-Jul-2014 0.1 2,500,000 0.51 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U367 ATC4G 215CBK 215.00 18-Jul-2014 0.1 2,500,000 0.28 Put Atlas Copco AB (ISIN SE0000101032) DE000CB5U375 ATC4S 190CBK 190.00 18-Jul-2014 0.1 2,500,000 1.14 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U383 ATC4I 210CBK 210.00 19-Sep-2014 0.1 2,500,000 0.65 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U391 ATC5C 200CBK 200.00 0.1 2,500,000 1.70 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U3A3 ATC5C 220CBK 220.00 0.1 2,500,000 1.02 Call Atlas Copco AB (ISIN SE0000101032) DE000CB5U3B1 ATC5C 240CBK 240.00 0.1 2,500,000 0.60 Put Atlas Copco AB (ISIN SE0000101032) DE000CB5U3C9 ATC5O 185CBK 185.00 0.1 2,500,000 1.82 Call Boliden AB (ISIN SE0000869646) DE000CB5U3D7 BOL4G 115CBK 115.00 18-Jul-2014 0.1 2,000,000 0.12 Call Boliden AB (ISIN SE0000869646) DE000CB5U3E5 BOL4G 125CBK 125.00 18-Jul-2014 0.1 2,000,000 0.05 Put Boliden AB (ISIN SE0000869646) DE000CB5U3F2 BOL4S 100CBK 100.00 18-Jul-2014 0.1 2,000,000 0.81 Call Boliden AB (ISIN SE0000869646) DE000CB5U3G0 BOL5C 100CBK 100.00 0.1 2,000,000 1.03 Call Boliden AB (ISIN SE0000869646) DE000CB5U3H8 BOL5C 110CBK 110.00 0.1 2,000,000 0.68-10 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call Boliden AB (ISIN SE0000869646) DE000CB5U3J4 BOL5C 120CBK 120.00 0.1 2,000,000 0.44 Put Boliden AB (ISIN SE0000869646) DE000CB5U3K2 BOL5O 85CBK 85.00 0.1 2,000,000 0.64 Put Boliden AB (ISIN SE0000869646) DE000CB5U3L0 BOL5O 95CBK 95.00 0.1 2,000,000 1.07 Call Electrolux AB (ISIN SE0000103814) DE000CB5U3M8 ELU4G 175CBK 175.00 18-Jul-2014 0.1 2,000,000 0.17 Put Electrolux AB (ISIN SE0000103814) DE000CB5U3N6 ELU4S 150CBK 150.00 18-Jul-2014 0.1 2,000,000 1.06 Call Electrolux AB (ISIN SE0000103814) DE000CB5U3P1 ELU5C 160CBK 160.00 0.1 2,000,000 1.22 Call Electrolux AB (ISIN SE0000103814) DE000CB5U3Q9 ELU5C 180CBK 180.00 0.1 2,000,000 0.67 Call Electrolux AB (ISIN SE0000103814) DE000CB5U3R7 ELU5C 200CBK 200.00 0.1 2,000,000 0.36 Put Electrolux AB (ISIN SE0000103814) DE000CB5U3S5 ELU5O 135CBK 135.00 0.1 2,000,000 1.12 Call Elekta AB (ISIN SE0000163628) Call Elekta AB (ISIN SE0000163628) DE000CB5U3T3 EKT5C 85CBK 85.00 DE000CB5U3U1 EKT5C 95CBK 95.00 0.1 1,000,000 1.18 0.1 1,000,000 0.76 Call Elekta AB (ISIN SE0000163628) DE000CB5U3V9 EKT5C 105CBK 105.00 0.1 1,000,000 0.47 Put Elekta AB (ISIN SE0000163628) DE000CB5U3W7 EKT5O 70CBK 70.00 0.1 1,000,000 0.37 Put Elekta AB (ISIN SE0000163628) DE000CB5U3X5 EKT5O 80CBK 80.00 0.1 1,000,000 0.72 Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) Put Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) DE000CB5U3Y3 ERI4E 95CBK 95.00 16-May-2014 DE000CB5U3Z0 ERI4Q 86CBK 86.00 16-May-2014 0.1 1,000,000 0.05 0.1 1,000,000 0.35-11 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) Put Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) DE000CB5U409 ERI4R 87CBK 87.00 19-Jun-2014 DE000CB5U417 ERI4H 95CBK 95.00 15-Aug-2014 DE000CB5U425 ERI4T 87CBK 87.00 15-Aug-2014 DE000CB5U433 ERI4I 95CBK 95.00 19-Sep-2014 0.1 1,000,000 0.49 0.1 1,000,000 0.21 0.1 1,000,000 0.63 0.1 1,000,000 0.27 Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) DE000CB5U441 ERI4I 105CBK 105.00 19-Sep-2014 0.1 1,000,000 0.11 Put Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) DE000CB5U458 ERI4U 88CBK 88.00 19-Sep-2014 DE000CB5U466 ERI5C 90CBK 90.00 0.1 1,000,000 0.77 0.1 1,000,000 0.76 Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) DE000CB5U474 ERI5C 100CBK 100.00 0.1 1,000,000 0.44 Call Telefonaktiebolaget LM Ericsson (ISIN SE0000108656) DE000CB5U482 ERI5C 110CBK 110.00 0.1 1,000,000 0.25 Call Getinge AB (ISIN SE0000202624) DE000CB5U490 GET5C 190CBK 190.00 0.1 500,000 1.49 Call Getinge AB (ISIN SE0000202624) DE000CB5U4A1 GET5C 210CBK 210.00 0.1 500,000 0.86 Call Getinge AB (ISIN SE0000202624) DE000CB5U4B9 GET5C 230CBK 230.00 0.1 500,000 0.48 Put Getinge AB (ISIN SE0000202624) DE000CB5U4C7 GET5O 160CBK 160.00 0.1 500,000 1.14 Put Getinge AB (ISIN SE0000202624) DE000CB5U4D5 GET5O 180CBK 180.00 0.1 500,000 2.02 Call H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4E3 HM4G 260CBK 260.00 18-Jul-2014 0.05 3,000,000 0.84 Call H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4F0 HM4I 270CBK 270.00 19-Sep-2014 0.05 3,000,000 0.77-12 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4G8 HM5C 280CBK 280.00 0.05 3,000,000 0.99 Call H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4H6 HM5C 300CBK 300.00 0.05 3,000,000 0.65 Call H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4J2 HM5C 320CBK 320.00 0.05 3,000,000 0.41 Put H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4K0 HM5O 250CBK 250.00 0.05 3,000,000 0.84 Put H & M Hennes & Mauritz AB (ISIN SE0000106270) DE000CB5U4L8 HM5O 270CBK 270.00 0.05 3,000,000 1.29 Call Husqvarna AB (ISIN SE0001662230) DE000CB5U4M6 HUS4E 51CBK 51.00 16-May-2014 0.2 1,000,000 0.03 Put Husqvarna AB (ISIN SE0001662230) DE000CB5U4N4 HUS4Q 46CBK 46.00 16-May-2014 0.2 1,000,000 0.34 Call Husqvarna AB (ISIN SE0001662230) DE000CB5U4P9 HUS4F 54CBK 54.00 19-Jun-2014 0.2 1,000,000 0.03 Put Husqvarna AB (ISIN SE0001662230) DE000CB5U4Q7 HUS4R 44CBK 44.00 19-Jun-2014 0.2 1,000,000 0.28 Put Husqvarna AB (ISIN SE0001662230) DE000CB5U4R5 HUS4R 47CBK 47.00 19-Jun-2014 0.2 1,000,000 0.57 Call Husqvarna AB (ISIN SE0001662230) Call Husqvarna AB (ISIN SE0001662230) DE000CB5U4S3 HUS4I 52CBK 52.00 19-Sep-2014 DE000CB5U4T1 HUS4I 55CBK 55.00 19-Sep-2014 0.2 1,000,000 0.25 0.2 1,000,000 0.14 Put Husqvarna AB (ISIN SE0001662230) DE000CB5U4U9 HUS4U 44CBK 44.00 19-Sep-2014 0.2 1,000,000 0.52 Put Husqvarna AB (ISIN SE0001662230) DE000CB5U4V7 HUS4U 47CBK 47.00 19-Sep-2014 0.2 1,000,000 0.82 Call Husqvarna AB (ISIN SE0001662230) Call Husqvarna AB (ISIN SE0001662230) DE000CB5U4W5 HUS4L 50CBK 50.00 19-Dec-2014 DE000CB5U4X3 HUS4L 53CBK 53.00 19-Dec-2014 0.2 1,000,000 0.58 0.2 1,000,000 0.40-13 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Husqvarna AB (ISIN SE0001662230) DE000CB5U4Y1 HUS4X 46CBK 46.00 19-Dec-2014 0.2 1,000,000 0.92 Call Investor AB (ISIN SE0000107419) DE000CB5U4Z8 INV4E 260CBK 260.00 16-May-2014 0.1 2,000,000 0.02 Call Investor AB (ISIN SE0000107419) DE000CB5U508 INV4F 255CBK 255.00 19-Jun-2014 0.1 2,000,000 0.13 Call Investor AB (ISIN SE0000107419) DE000CB5U516 INV4F 265CBK 265.00 19-Jun-2014 0.1 2,000,000 0.05 Call Investor AB (ISIN SE0000107419) DE000CB5U524 INV4H 240CBK 240.00 15-Aug-2014 0.1 2,000,000 0.74 Call Investor AB (ISIN SE0000107419) DE000CB5U532 INV4H 260CBK 260.00 15-Aug-2014 0.1 2,000,000 0.25 Call Investor AB (ISIN SE0000107419) DE000CB5U540 INV4H 280CBK 280.00 15-Aug-2014 0.1 2,000,000 0.08 Call Investor AB (ISIN SE0000107419) DE000CB5U557 INV4I 250CBK 250.00 19-Sep-2014 0.1 2,000,000 0.58 Call Investor AB (ISIN SE0000107419) DE000CB5U565 INV4I 280CBK 280.00 19-Sep-2014 0.1 2,000,000 0.14 Call Investor AB (ISIN SE0000107419) DE000CB5U573 INV5A 280CBK 280.00 16-Jan-2015 0.1 2,000,000 0.36 Call Investor AB (ISIN SE0000107419) DE000CB5U581 INV5C 250CBK 250.00 0.1 2,000,000 1.22 Call Investor AB (ISIN SE0000107419) DE000CB5U599 INV5C 270CBK 270.00 0.1 2,000,000 0.67 Call Investor AB (ISIN SE0000107419) DE000CB5U5A8 INV5C 290CBK 290.00 0.1 2,000,000 0.36 Put Investor AB (ISIN SE0000107419) DE000CB5U5B6 INV5O 215CBK 215.00 0.1 2,000,000 1.29 Put Investor AB (ISIN SE0000107419) DE000CB5U5C4 INV5O 235CBK 235.00 0.1 2,000,000 2.14 Put Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5D2 LUP4Q 140CBK 140.00 16-May-2014 0.1 3,000,000 0.79-14 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5E0 LUP4G 150CBK 150.00 18-Jul-2014 0.1 3,000,000 0.23 Call Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5F7 LUP4G 160CBK 160.00 18-Jul-2014 0.1 3,000,000 0.11 Put Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5G5 LUP4S 135CBK 135.00 18-Jul-2014 0.1 3,000,000 0.73 Call Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5H3 LUP4I 165CBK 165.00 19-Sep-2014 0.1 3,000,000 0.19 Put Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5J9 LUP4U 130CBK 130.00 19-Sep-2014 0.1 3,000,000 0.72 Put Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5K7 LUP4U 140CBK 140.00 19-Sep-2014 0.1 3,000,000 1.25 Put Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5L5 LUP5M 135CBK 135.00 16-Jan-2015 0.1 3,000,000 1.29 Call Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5M3 LUP5C 140CBK 140.00 0.1 3,000,000 1.31 Call Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5N1 LUP5C 160CBK 160.00 0.1 3,000,000 0.69 Call Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5P6 LUP5C 180CBK 180.00 0.1 3,000,000 0.36 Put Lundin Petroleum AB (ISIN SE0000825820) DE000CB5U5Q4 LUP5O 125CBK 125.00 0.1 3,000,000 0.97 Call Nokia OYJ (ISIN FI0009000681) DE000CB5U5R2 NOK5C 50CBK 50.00 0.2 2,500,000 1.53 Call Nokia OYJ (ISIN FI0009000681) DE000CB5U5S0 NOK5C 54CBK 54.00 0.2 2,500,000 1.19 Call Nokia OYJ (ISIN FI0009000681) DE000CB5U5T8 NOK5C 58CBK 58.00 0.2 2,500,000 0.93 Call Nokia OYJ (ISIN FI0009000681) DE000CB5U5U6 NOK5C 62CBK 62.00 0.2 2,500,000 0.71 Put Nokia OYJ (ISIN FI0009000681) DE000CB5U5V4 NOK5O 44CBK 44.00 0.2 2,500,000 0.93-15 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Nokia OYJ (ISIN FI0009000681) DE000CB5U5W2 NOK5O 48CBK 48.00 0.2 2,500,000 1.29 Put Nokia OYJ (ISIN FI0009000681) DE000CB5U5X0 NOK5O 52CBK 52.00 0.2 2,500,000 1.71 Put Nordea Bank AB (ISIN SE0000427361) DE000CB5U5Y8 NDA4Q 93CBK 93.00 16-May-2014 0.1 2,000,000 0.29 Put Nordea Bank AB (ISIN SE0000427361) DE000CB5U5Z5 NDA4R 93CBK 93.00 19-Jun-2014 0.1 2,000,000 0.39 Call Nordea Bank AB (ISIN SE0000427361) DE000CB5U607 NDA4I 105CBK 105.00 19-Sep-2014 0.1 2,000,000 0.20 Put Nordea Bank AB (ISIN SE0000427361) DE000CB5U615 NDA4U 93CBK 93.00 19-Sep-2014 0.1 2,000,000 0.61 Call Nordea Bank AB (ISIN SE0000427361) DE000CB5U623 NDA5C 95CBK 95.00 0.1 2,000,000 0.87 Call Nordea Bank AB (ISIN SE0000427361) DE000CB5U631 NDA5C 100CBK 100.00 0.1 2,000,000 0.66 Call Nordea Bank AB (ISIN SE0000427361) DE000CB5U649 NDA5C 105CBK 105.00 0.1 2,000,000 0.50 Put Nordea Bank AB (ISIN SE0000427361) DE000CB5U656 NDA5O 88CBK 88.00 0.1 2,000,000 0.71 Put Sandvik AB (ISIN SE0000667891) DE000CB5U664 SAN4U 95CBK 95.00 19-Sep-2014 0.1 2,500,000 0.92 Put Sandvik AB (ISIN SE0000667891) DE000CB5U672 SAN5M 95CBK 95.00 16-Jan-2015 0.1 2,500,000 1.13 Call Sandvik AB (ISIN SE0000667891) DE000CB5U680 SAN5C 95CBK 95.00 0.1 2,500,000 0.88 Call Sandvik AB (ISIN SE0000667891) DE000CB5U698 SAN5C 105CBK 105.00 0.1 2,500,000 0.54 Call Sandvik AB (ISIN SE0000667891) DE000CB5U6A6 SAN5C 115CBK 115.00 0.1 2,500,000 0.32 Put Sandvik AB (ISIN SE0000667891) DE000CB5U6B4 SAN5O 80CBK 80.00 0.1 2,500,000 0.54-16 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Sandvik AB (ISIN SE0000667891) DE000CB5U6C2 SAN5O 90CBK 90.00 0.1 2,500,000 0.96 Call SAS AB (ISIN SE0003366871) Call SAS AB (ISIN SE0003366871) DE000CB5U6D0 SAS4J 16CBK 16.00 17-Oct-2014 DE000CB5U6E8 SAS5A 15CBK 15.00 16-Jan-2015 0.5 200,000 0.91 0.5 200,000 1.33 Call SAS AB (ISIN SE0003366871) DE000CB5U6F5 SAS5D 16CBK 16.00 17-Apr-2015 0.5 200,000 1.34 Call SAS AB (ISIN SE0003366871) DE000CB5U6G3 SAS5D 18CBK 18.00 17-Apr-2015 0.5 200,000 1.04 Call SAS AB (ISIN SE0003366871) DE000CB5U6H1 SAS5D 20CBK 20.00 17-Apr-2015 0.5 200,000 0.81 Call Svenska Cellulosa AB (ISIN SE0000112724) DE000CB5U6J7 SCA5C 190CBK 190.00 0.1 2,500,000 1.59 Call Svenska Cellulosa AB (ISIN SE0000112724) DE000CB5U6K5 SCA5C 210CBK 210.00 0.1 2,500,000 0.91 Call Svenska Cellulosa AB (ISIN SE0000112724) DE000CB5U6L3 SCA5C 230CBK 230.00 0.1 2,500,000 0.49 Put Svenska Cellulosa AB (ISIN SE0000112724) DE000CB5U6M1 SCA5O 175CBK 175.00 0.1 2,500,000 1.50 Put Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6N9 SEB4Q 92CBK 92.00 16-May-2014 0.2 2,500,000 0.67 Call Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6P4 SEB4G 90CBK 90.00 18-Jul-2014 0.2 2,500,000 0.93 Call Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6Q2 SEB4G 95CBK 95.00 18-Jul-2014 0.2 2,500,000 0.50 Call Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6R0 SEB4G 100CBK 100.00 18-Jul-2014 0.2 2,500,000 0.25 Put Skandinaviska Enskilda Banken AB (ISIN SE0000148884) Put Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6S8 SEB4S 82CBK 82.00 18-Jul-2014 DE000CB5U6T6 SEB4S 87CBK 87.00 18-Jul-2014 0.2 2,500,000 0.30 0.2 2,500,000 0.56-17 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6U4 SEB4U 92CBK 92.00 19-Sep-2014 0.2 2,500,000 1.25 Call Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6V2 SEB5C 90CBK 90.00 0.2 2,500,000 1.37 Call Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6W0 SEB5C 100CBK 100.00 0.2 2,500,000 0.73 Call Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6X8 SEB5C 110CBK 110.00 0.2 2,500,000 0.40 Put Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6Y6 SEB5O 81CBK 81.00 0.2 2,500,000 1.00 Put Skandinaviska Enskilda Banken AB (ISIN SE0000148884) DE000CB5U6Z3 SEB5O 86CBK 86.00 0.2 2,500,000 1.41 Call Securitas AB (ISIN SE0000163594) DE000CB5U706 SEC4E 85CBK 85.00 16-May-2014 0.2 1,000,000 0.05 Put Securitas AB (ISIN SE0000163594) DE000CB5U714 SEC4Q 78CBK 78.00 16-May-2014 0.2 1,000,000 1.01 Call Securitas AB (ISIN SE0000163594) DE000CB5U722 SEC4F 85CBK 85.00 19-Jun-2014 0.2 1,000,000 0.09 Put Securitas AB (ISIN SE0000163594) DE000CB5U730 SEC4R 76CBK 76.00 19-Jun-2014 0.2 1,000,000 0.84 Call Securitas AB (ISIN SE0000163594) DE000CB5U748 SEC4G 85CBK 85.00 18-Jul-2014 0.2 1,000,000 0.16 Put Securitas AB (ISIN SE0000163594) DE000CB5U755 SEC4S 78CBK 78.00 18-Jul-2014 0.2 1,000,000 1.22 Call Securitas AB (ISIN SE0000163594) Call Securitas AB (ISIN SE0000163594) DE000CB5U763 SEC4I 85CBK 85.00 19-Sep-2014 DE000CB5U771 SEC4I 90CBK 90.00 19-Sep-2014 0.2 1,000,000 0.30 0.2 1,000,000 0.18 Put Securitas AB (ISIN SE0000163594) DE000CB5U789 SEC4U 77CBK 77.00 19-Sep-2014 0.2 1,000,000 1.29 Call Securitas AB (ISIN SE0000163594) DE000CB5U797 SEC5A 85CBK 85.00 16-Jan-2015 0.2 1,000,000 0.57-18 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Securitas AB (ISIN SE0000163594) DE000CB5U7A4 SEC5M 72CBK 72.00 16-Jan-2015 0.2 1,000,000 1.07 Put Securitas AB (ISIN SE0000163594) DE000CB5U7B2 SEC5M 77CBK 77.00 16-Jan-2015 0.2 1,000,000 1.58 Call Securitas AB (ISIN SE0000163594) DE000CB5U7C0 SEC5C 80CBK 80.00 0.2 1,000,000 1.03 Call Securitas AB (ISIN SE0000163594) DE000CB5U7D8 SEC5C 85CBK 85.00 0.2 1,000,000 0.72 Call Securitas AB (ISIN SE0000163594) DE000CB5U7E6 SEC5C 90CBK 90.00 0.2 1,000,000 0.50 Put Securitas AB (ISIN SE0000163594) DE000CB5U7F3 SEC5O 67CBK 67.00 0.2 1,000,000 0.82 Put Securitas AB (ISIN SE0000163594) DE000CB5U7G1 SEC5O 72CBK 72.00 0.2 1,000,000 1.22 Call Skanska AB (ISIN SE0000113250) DE000CB5U7H9 SKA4E 165CBK 165.00 16-May-2014 0.1 2,500,000 0.04 Put Skanska AB (ISIN SE0000113250) DE000CB5U7J5 SKA4Q 150CBK 150.00 16-May-2014 0.1 2,500,000 0.57 Call Skanska AB (ISIN SE0000113250) DE000CB5U7K3 SKA4F 165CBK 165.00 19-Jun-2014 0.1 2,500,000 0.11 Put Skanska AB (ISIN SE0000113250) DE000CB5U7L1 SKA4R 150CBK 150.00 19-Jun-2014 0.1 2,500,000 0.71 Call Skanska AB (ISIN SE0000113250) DE000CB5U7M9 SKA4G 165CBK 165.00 18-Jul-2014 0.1 2,500,000 0.18 Put Skanska AB (ISIN SE0000113250) DE000CB5U7N7 SKA4S 150CBK 150.00 18-Jul-2014 0.1 2,500,000 0.81 Call Skanska AB (ISIN SE0000113250) DE000CB5U7P2 SKA4I 170CBK 170.00 19-Sep-2014 0.1 2,500,000 0.23 Put Skanska AB (ISIN SE0000113250) DE000CB5U7Q0 SKA4U 145CBK 145.00 19-Sep-2014 0.1 2,500,000 0.77 Call Skanska AB (ISIN SE0000113250) DE000CB5U7R8 SKA5A 170CBK 170.00 16-Jan-2015 0.1 2,500,000 0.47-19 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Skanska AB (ISIN SE0000113250) DE000CB5U7S6 SKA5M 145CBK 145.00 16-Jan-2015 0.1 2,500,000 1.04 Call Skanska AB (ISIN SE0000113250) DE000CB5U7T4 SKA5C 150CBK 150.00 0.1 2,500,000 1.31 Call Skanska AB (ISIN SE0000113250) DE000CB5U7U2 SKA5C 170CBK 170.00 0.1 2,500,000 0.58 Call Skanska AB (ISIN SE0000113250) DE000CB5U7V0 SKA5C 190CBK 190.00 0.1 2,500,000 0.25 Put Skanska AB (ISIN SE0000113250) DE000CB5U7W8 SKA5O 135CBK 135.00 0.1 2,500,000 0.78 Put SKF AB (ISIN SE0000108227) DE000CB5U7X6 SKF4R 175CBK 175.00 19-Jun-2014 0.1 3,000,000 1.01 Call SKF AB (ISIN SE0000108227) DE000CB5U7Y4 SKF4J 175CBK 175.00 17-Oct-2014 0.1 3,000,000 1.18 Call SKF AB (ISIN SE0000108227) DE000CB5U7Z1 SKF4J 185CBK 185.00 17-Oct-2014 0.1 3,000,000 0.79 Call SKF AB (ISIN SE0000108227) DE000CB5U805 SKF4J 195CBK 195.00 17-Oct-2014 0.1 3,000,000 0.51 Put SKF AB (ISIN SE0000108227) DE000CB5U813 SKF4V 160CBK 160.00 17-Oct-2014 0.1 3,000,000 0.84 Put SKF AB (ISIN SE0000108227) DE000CB5U821 SKF4V 170CBK 170.00 17-Oct-2014 0.1 3,000,000 1.25 Call SKF AB (ISIN SE0000108227) DE000CB5U839 SKF5C 170CBK 170.00 0.1 3,000,000 1.94 Call SKF AB (ISIN SE0000108227) DE000CB5U847 SKF5C 190CBK 190.00 0.1 3,000,000 1.11 Call SKF AB (ISIN SE0000108227) DE000CB5U854 SKF5C 210CBK 210.00 0.1 3,000,000 0.61 Put SKF AB (ISIN SE0000108227) DE000CB5U862 SKF5O 155CBK 155.00 0.1 3,000,000 1.07 Put SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U870 SSA4Q 54CBK 54.00 16-May-2014 0.1 2,500,000 0.33-20 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U888 SSA4G 60CBK 60.00 18-Jul-2014 0.1 2,500,000 0.07 Put SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U896 SSA4S 54CBK 54.00 18-Jul-2014 0.1 2,500,000 0.43 Call SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U8A2 SSA5C 55CBK 55.00 0.1 2,500,000 0.45 Call SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U8B0 SSA5C 50CBK 50.00 0.1 2,500,000 0.67 Call SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U8C8 SSA5C 60CBK 60.00 0.1 2,500,000 0.29 Call SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U8D6 SSA5C 65CBK 65.00 0.1 2,500,000 0.19 Put SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U8E4 SSA5O 47CBK 47.00 0.1 2,500,000 0.36 Put SSAB Svenskt Stal AB (ISIN SE0000171100) DE000CB5U8F1 SSA5O 52CBK 52.00 0.1 2,500,000 0.58 Call Svenska Handelsbanken AB (ISIN SE0000193120) DE000CB5U8G9 SHB5C 330CBK 330.00 0.05 4,000,000 1.46 Call Svenska Handelsbanken AB (ISIN SE0000193120) DE000CB5U8H7 SHB5C 350CBK 350.00 0.05 4,000,000 1.04 Call Svenska Handelsbanken AB (ISIN SE0000193120) DE000CB5U8J3 SHB5C 370CBK 370.00 0.05 4,000,000 0.73 Put Svenska Handelsbanken AB (ISIN SE0000193120) DE000CB5U8K1 SHB5O 300CBK 300.00 0.05 4,000,000 0.88 Put Svenska Handelsbanken AB (ISIN SE0000193120) DE000CB5U8L9 SHB5O 320CBK 320.00 0.05 4,000,000 1.27 Call Swedbank AB (ISIN SE0000242455) DE000CB5U8M7 SWE4H 170CBK 170.00 15-Aug-2014 0.1 2,000,000 1.30 Call Swedbank AB (ISIN SE0000242455) DE000CB5U8N5 SWE4I 170CBK 170.00 19-Sep-2014 0.1 2,000,000 1.45 Call Swedbank AB (ISIN SE0000242455) DE000CB5U8P0 SWE5C 180CBK 180.00 0.1 2,000,000 1.62-21 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Call Swedbank AB (ISIN SE0000242455) DE000CB5U8Q8 SWE5C 200CBK 200.00 0.1 2,000,000 0.86 Call Swedbank AB (ISIN SE0000242455) DE000CB5U8R6 SWE5C 220CBK 220.00 0.1 2,000,000 0.43 Put Swedbank AB (ISIN SE0000242455) DE000CB5U8S4 SWE5O 165CBK 165.00 0.1 2,000,000 1.26 Call Tele2 AB (ISIN SE0005190238) Call Tele2 AB (ISIN SE0005190238) DE000CB5U8T2 TEL5C 80CBK 80.00 DE000CB5U8U0 TEL5C 90CBK 90.00 0.1 2,500,000 0.70 0.1 2,500,000 0.40 Call Tele2 AB (ISIN SE0005190238) DE000CB5U8V8 TEL5C 100CBK 100.00 0.1 2,500,000 0.23 Put Tele2 AB (ISIN SE0005190238) Put Tele2 AB (ISIN SE0005190238) DE000CB5U8W6 TEL5O 65CBK 65.00 DE000CB5U8X4 TEL5O 75CBK 75.00 0.1 2,500,000 0.37 0.1 2,500,000 0.78 Put Volvo AB (ISIN SE0000115446) DE000CB5U8Y2 VOL4R 105CBK 105.00 19-Jun-2014 0.1 2,000,000 0.61 Put Volvo AB (ISIN SE0000115446) DE000CB5U8Z9 VOL4U 105CBK 105.00 19-Sep-2014 0.1 2,000,000 0.86 Put Volvo AB (ISIN SE0000115446) DE000CB5U904 VOL5M 105CBK 105.00 16-Jan-2015 0.1 2,000,000 1.09 Call Volvo AB (ISIN SE0000115446) DE000CB5U912 VOL5C 110CBK 110.00 0.1 2,000,000 0.79 Call Volvo AB (ISIN SE0000115446) DE000CB5U920 VOL5C 100CBK 100.00 0.1 2,000,000 1.24 Call Volvo AB (ISIN SE0000115446) DE000CB5U938 VOL5C 120CBK 120.00 0.1 2,000,000 0.49 Call Volvo AB (ISIN SE0000115446) DE000CB5U946 VOL5C 130CBK 130.00 0.1 2,000,000 0.31 Put Volvo AB (ISIN SE0000115446) DE000CB5U953 VOL5O 85CBK 85.00 0.1 2,000,000 0.42-22 -
Type Share ISIN Local Code Strike Exercise Date Exchange Website Ratio Issue Size Initial Issue Price Put Volvo AB (ISIN SE0000115446) DE000CB5U961 VOL5O 95CBK 95.00 0.1 2,000,000 0.73 Put Volvo AB (ISIN SE0000115446) DE000CB5U979 VOL5O 105CBK 105.00 0.1 2,000,000 1.20-23 -
ADDITIONAL INFORMATION Country(ies) where the offer takes place: Country(ies) where admission to trading on the regulated market(s) is being sought: Additional Provisions: Kingdom of Sweden Kingdom of Sweden Limitation of Euroclear Sweden s liability Euroclear Sweden shall not be held responsible for any loss or damage resulting from any legal enactment (domestic or foreign), the intervention of a public authority (domestic or foreign), an act of war, strike, blockade, boycott, lockout or any other similar event or circumstance. The reservation in respect of strikes, blockades, boycotts and lockouts shall also apply if Euroclear Sweden itself takes such measures or becomes the subject of such measures. Under no circumstances shall Euroclear Sweden be liable to pay compensation for any loss, damage, liability, cost, claim, action or demand unless Euroclear Sweden has been negligent, or guilty of bad faith, or has breached the terms of any agency agreement, nor shall under no circumstances Euroclear Sweden be liable for loss of profit, indirect loss or damage or consequential loss or damage, unless such liability of Euroclear Sweden is prescribed pursuant to the Swedish Financial Instruments Accounts Act (Sw. lag (1998:1479)). Where Euroclear Sweden, due to any legal enactment (domestic or foreign), the intervention of a public authority (domestic or foreign), an act of war, strike, blockade, boycott, lockout or any other similar event or circumstance, is prevented from effecting payment, such payment may be postponed until the time the event or circumstance impeding payment has ceased, with no obligation to pay penalty interest. - 24 -
SUMMARY Summaries are made up of disclosure requirements known as Elements. numbered in Sections A E (A.1 E.7). These elements are This summary contains all the Elements required to be included in a summary for this type of securities and Issuer. There may be gaps in the numbering sequence of the Elements in cases where Elements are not required to be addressed. Even though an Element may be required to be inserted in the summary because of the type of securities and Issuer, it is possible that no relevant information can be given regarding the Element. In this case a short description of the Element is included in the summary with the mention of - not applicable -. Certain provisions of this summary are in brackets. Such information will be completed or, where not relevant, deleted, in relation to a particular issue of securities, and the completed summary in relation to such issue of securities shall be appended to the relevant final terms. Section A Introduction and Warnings Element Description of Element Disclosure requirement A.1 Warnings This summary should be read as an introduction to the base prospectus (the "Base Prospectus") and the relevant Final Terms. Investors should base any decision to invest in the securities issued under the Base Prospectus (the "Warrants") in consideration of the Base Prospectus as a whole and the relevant Final Terms. Where a claim relating to information contained in the Base Prospectus is brought before a court in a member state of the European Economic Area, the plaintiff investor may, under the national legislation of such member state, be required to bear the costs for the translation of the Base Prospectus and the Final Terms before the legal proceedings are initiated. Civil liability attaches only to those persons, who have tabled the summary including any translation thereof, but only if the summary is misleading, inaccurate or inconsistent when read together with the other parts of the Base Prospectus or it does not provide, when read together with the other parts of the Base Prospectus, all necessary key information. A.2 Consent to the use of the Prospectus The Issuer hereby grants consent to use the Base Prospectus and the Final Terms for the subsequent resale or final placement of the Warrants by any financial intermediary. The offer period within which subsequent resale or final placement of Warrants by financial intermediaries can be made, is valid only as long as the Base Prospectus and the Final Terms are valid in accordance with Article 9 of the Prospectus Directive as implemented in the relevant Member State. The consent to use the Base Prospectus and the Final Terms is granted only in relation to the following Member State(s): the Kingdom of Sweden. The consent to use the Base Prospectus including any supplements as well as any corresponding Final Terms is subject to the condition that (i) this Base Prospectus and the respective Final Terms are delivered to potential investors only together with any supplements - 25 -
published before such delivery and (ii) when using the Base Prospectus and the respective Final Terms, each financial intermediary must make certain that it complies with all applicable laws and regulations in force in the respective jurisdictions. In the event of an offer being made by a financial intermediary, this financial intermediary will provide information to investors on the terms and conditions of the offer at the time of that offer. - 26 -
Section B Issuer Element Description of Element B.1 Legal and Commercial Name of the Issuer B.2 Domicile / Legal Form / Legislation / Country of Incorporation Disclosure requirement The legal name of the Bank is COMMERZBANK Aktiengesellschaft (the "Issuer", the "Bank" or "Commerzbank", together with its consolidated subsidiaries "Commerzbank Group" or the "Group") and the commercial name of the Bank is COMMERZBANK. The Bank's registered office is Frankfurt am Main. Its head office is at Kaiserstraße 16 (Kaiserplatz), 60311 Frankfurt am Main, Federal Republic of Germany. COMMERZBANK is a stock corporation established under German law in the Federal Republic of Germany. B.4b Known trends affecting the Issuer and the industries in which it operates The global financial market crisis and sovereign debt crisis in the eurozone in particular have put a very significant strain on the net assets, financial position and results of operations of the Group in the past, and it can be assumed that further materially adverse effects for the Group can also result in the future, in particular in the event of a renewed escalation of the crisis. B.5 Organisational Structure B.9 Profit forecasts or estimates B.10 Qualifications in the auditors' report on the historical financial information B.12 Selected key financial information COMMERZBANK is the parent company of the COMMERZBANK Group. The COMMERZBANK Group holds directly and indirectly equity participations in various companies. - not applicable The Issuer currently does not make profit forecasts or estimates. - not applicable Unqualified auditors' reports have been issued on the historical financial information contained in this Base Prospectus. The following table shows in overview form the balance sheet and income statement of the COMMERZBANK Group which has been extracted from the respective audited consolidated financial statements prepared in accordance with IFRS as of 31 December 2011 and 2012 as well as from the consolidated interim financial statements as of 30 September 2013 (reviewed): Balance sheet 31 December 2011 31 December 2012 1) 30 September 2013 Assets Mio ( m) Cash reserve 6,075 15,755 11,122 Claims on banks 87,790 88,028 109,482 Claims on customers 296,586 278,546 250,530 Value adjustment portfolio fair value hedges 147 202 91 Positive fair value of derivative hedging 5,132 6,057 4,053 instruments Trading assets 155,700 144,144 119,472 Financial investments 94,523 89,142 84,487 Holdings in companies accounted for using the equity method 694 744 727-27 -
Intangible assets 3,038 3,051 3,122 Fixed assets 1,399 1,372 1,721 Investment properties 808 637 668 Non-current assets and disposal groups 1,759 757 249 held for sale Current tax assets 716 790 613 Deferred tax assets 4,154 3,216 1,153 Other assets 3,242 3,571 3,742 Total 661,763 636,012 593,232 Liabilities and equity ( m) Liabilities to banks 98,481 110,242 124,315 Liabilities to customers 255,344 265,842 256,244 Securitised liabilities 105,673 79,332 69,551 Value adjustment portfolio fair value 938 1,467 784 hedges Negative fair values of derivative hedging 11,427 11,739 8,429 instruments Trading liabilities 137,847 116,111 82,646 Provisions 3,761 4,099 3,965 Current tax liabilities 680 324 240 Deferred tax liabilities 189 91 96 Liabilities from disposal groups held 592 2 - for sale Other liabilities 6,568 6,523 6,590 Subordinated capital 13,285 12,316 12,136 Hybrid capital 2,175 1,597 1,489 Equity 24,803 26,327 26,747 Total 661,763 636,012 593,232 1) Prior-year figures restated due to the first-time application of the amended IAS 19 and disclosure changes. Income Statement ( m) 1 January - 2011 31 December 2012 1 January - 2012 1) 30 September 2013 Net interest income 6,724 5,539 4,759 4,468 Loan loss provisions (1,390) (1,660) (1,046) (1,296) Net interest income after loan loss 5,334 3,879 3,713 3,172 provisions Net commission income 3,495 3,191 2,485 2,440 Net trading income and net from hedge accounting 1,986 1,121 472 234 Net investment income (3,611) 81 (169) 10 Current net income from companies 42 46 34 50 accounted for using the equity method Other net income 1,253 (77) (55) (147) Operating expenses 7,992 7,025 3,254 5,109 Restructuring expenses --- 43 43 493 Net gain or loss from sale of disposal of groups --- (268) (83) --- Pre-tax profit or loss 507 905 1,100 157 Taxes on income (240) 796 329 60 Consolidated profit or loss 747 109 771 97 1) Prior-year figures restated due to the first-time application of the amended IAS 19 and disclosure changes. There has been no material adverse change in the prospects of the COMMERZBANK Group since 31 December 2012. No significant changes in the financial position of the COMMERZBANK Group have occurred since 30 September 2013. - 28 -
B.13 Recent events which are to a material extent relevant to the Issuer's solvency B.14 Dependence of the Issuer upon other entities within the group B.15 Issuer s principal activities, principal markets - not applicable - There are no recent events particular to the Issuer which are to a material extent relevant to the evaluation of the Issuer's solvency. - not applicable As stated under element B.5, COMMERZBANK is the parent company of the COMMERZBANK Group. The focus of the activities of the COMMERZBANK Group is on the provision of a wide range of financial services to private, small and medium-sized corporate and institutional customers in Germany, including account administration, payment transactions, lending, savings and investment products, securities services, and capital market and investment banking products and services. As part of its comprehensive financial services strategy, the Group also offers other financial services in association with cooperation partners, particularly building savings loans, asset management and insurance. The Group is continuing to expand its position as one of the most important German export financiers. Alongside its business in Germany, the Group is also active through its subsidiaries, branches and investments, particularly in Europe. The COMMERZBANK Group is divided into five operating segments Private Customers, Mittelstandsbank, Central & Eastern Europe, Corporates & Markets and Non Core Assets (NCA) as well as Others and Consolidation. The Private Customers, Mittelstandsbank, Central & Eastern Europe and Corporates & Markets segments form the COMMERZBANK Group's core bank together with Others and Consolidation. B.16 Controlling parties - not applicable - COMMERZBANK has not submitted its management to any other company or person, for example on the basis of a domination agreement, nor is it controlled by any other company or any other person within the meaning of the German Securities Acquisition and Takeover Act. - 29 -
Section C Securities Element Description of Element Disclosure requirement C.1 Type and class of the securities / Security identification number Type/Form of Securities Warrants relating to Shares (the "Warrants") Each series of Warrants is issued in dematerialised form. Security Identification number(s) of Securities Type Share ISIN Local Code Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1R1 ABB4Q 175CBK Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1S9 ABB4F 185CBK Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1T7 ABB4R 170CBK Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1U5 ABB4G 190CBK Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1V3 ABB4S 175CBK Put ABB Ltd. (ISIN CH0012221716) DE000CB5U1W1 ABB5M 165CBK Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1X9 ABB5C 170CBK Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1Y7 ABB5C 190CBK Call ABB Ltd. (ISIN CH0012221716) DE000CB5U1Z4 ABB5C 210CBK Put ABB Ltd. (ISIN CH0012221716) DE000CB5U201 ABB5O 155CBK Call Africa Oil Corp. (ISIN CA00829Q1019) DE000CB5U219 AFO4L 46CBK Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U227 ALF4E 200CBK Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U235 ALF4Q 185CBK Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U243 ALF4F 205CBK Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U250 ALF4R 180CBK Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U268 ALF4G 210CBK Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U276 ALF4S 185CBK Call Alfa Laval AB (ISIN SE0000695876) DE000CB5U284 ALF4I 210CBK Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U292 ALF4U 185CBK Put Alfa Laval AB (ISIN SE0000695876) DE000CB5U2A5 ALF5M 175CBK - 30 -