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I This document constitutes the base prospectus of ... - Volksbank AG

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[Insert details <strong>of</strong> Debt Instrument including ISIN Number (or any o<strong>the</strong>r identifying information), nominal<br />

amount, subscription price, coupon, term, maturity date, redemption amount governing law and, if applicable,<br />

<strong>the</strong> market upon it is traded. Where applicable, state whe<strong>the</strong>r <strong>the</strong> Debt Instrument is held with <strong>the</strong> Main<br />

Compartment Asset Custodian or <strong>the</strong> Sub-Custodian [or, if applicable, <strong>the</strong> details <strong>of</strong> ano<strong>the</strong>r party holding<br />

such Debt Instrument.]]<br />

[Where Debt Instrument is a Deposit, insert <strong>the</strong> type <strong>of</strong> <strong>the</strong> Deposit (e.g., savings accounts/savings book), <strong>the</strong><br />

amount deposited; <strong>the</strong> terms and conditions <strong>of</strong> <strong>the</strong> Deposit (e.g., account holder/term/interest rate and it adjustment/reference<br />

rate/method <strong>of</strong> payment/day count fraction/costs and expenses), whe<strong>the</strong>r <strong>the</strong> Debt Instrument is<br />

held with <strong>the</strong> Main Compartment Asset Custodian or <strong>the</strong> Sub-Custodian (or, if applicable, <strong>the</strong> details <strong>of</strong><br />

ano<strong>the</strong>r party holding such savings book) and governing law]<br />

The Issuer will, on or about <strong>the</strong> date on which <strong>the</strong> Starting value <strong>of</strong> <strong>the</strong> Underlying (as set out in <strong>the</strong> Offer<br />

Table) is determined, purchase such number <strong>of</strong> units <strong>of</strong> <strong>the</strong> Debt Instrument as will be possible using <strong>the</strong><br />

net proceeds <strong>of</strong> <strong>the</strong> issue <strong>of</strong> <strong>the</strong> Certificates (as reduced by any amounts to be paid by <strong>the</strong> Issuer under any<br />

Derivative Agreement)<br />

[Insert, as applicable:<br />

ei<strong>the</strong>r a credit institution or a corporate is Aset Compartment Main <strong>the</strong> <strong>of</strong> Obligor entity and one <strong>of</strong> a<br />

group <strong>of</strong> more than five easily identifiable obligors, numbering [l] in total<br />

The Issuer provides <strong>the</strong> following details concerning <strong>the</strong> [insert <strong>the</strong> names <strong>of</strong> each <strong>of</strong> <strong>the</strong> Obligors <strong>of</strong> <strong>the</strong><br />

Main Compartment Assets], which <strong>the</strong> Issuer is aware <strong>of</strong> and/or is able to ascertain from information published<br />

by each <strong>of</strong> <strong>the</strong> aforementioned Obligors <strong>of</strong> <strong>the</strong> Main Compartment Assets.]<br />

(i) General information 8<br />

[Insert <strong>the</strong> name, address, country <strong>of</strong> incorporation, registration No. or equivalent and <strong>the</strong> nature <strong>of</strong> business<br />

<strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset. Where applicable, also insert <strong>the</strong> rating <strong>of</strong> <strong>the</strong> Obligor<br />

<strong>of</strong> <strong>the</strong> Main Compartment Asset and add:<br />

Closer information on <strong>the</strong> meaning <strong>of</strong> <strong>the</strong> rating and <strong>the</strong> qualifications which have to be observed in connection<br />

<strong>the</strong>rewith can be found on [Moody's Investors Services (www.moodys.com)/ []] home page. A<br />

rating is not a recommendation. The Issuer has not investigated <strong>the</strong> rating nor <strong>the</strong> liquidity <strong>of</strong> <strong>the</strong> Obligor<br />

<strong>of</strong> <strong>the</strong> Main Compartment Asset and assumes no liability for <strong>the</strong> correctness and fullness <strong>of</strong> <strong>the</strong> information<br />

or <strong>the</strong> liquidity <strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset]<br />

(ii) General description <strong>of</strong> <strong>the</strong> <strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset (and its latest events)<br />

[State whe<strong>the</strong>r <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset is a credit institution or a corporate entity and<br />

provide general information with regards to <strong>the</strong> main activities <strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment<br />

Asset, including <strong>the</strong> important categories <strong>of</strong> its <strong>of</strong>fered products or business and/or performed services as<br />

well, as <strong>the</strong> case may be, any statements made by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset which are<br />

relevant to <strong>the</strong> solvability <strong>of</strong> <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset, in each case in so far as is known<br />

to <strong>the</strong> Issuer and/or made public by <strong>the</strong> Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset]<br />

Obligor <strong>of</strong> <strong>the</strong> Main Compartment Asset is ei<strong>the</strong>r a credit institution or a corporate entity and (a) a member<br />

<strong>of</strong> ei<strong>the</strong>r a group <strong>of</strong> less than five o<strong>the</strong>r Eligible Obligors <strong>of</strong> <strong>the</strong> Main Compartment Assets; or (b) accounts<br />

for 20% or more <strong>of</strong> <strong>the</strong> Main Compartment Assets; or (c) accounts for a material portion <strong>of</strong> <strong>the</strong> Main<br />

Compartment Assets and already has securities admitted to trading on a Regulated Market or an Equivalent<br />

Market<br />

8 To be provided in respect <strong>of</strong> each <strong>of</strong> <strong>the</strong> Obligors <strong>of</strong> <strong>the</strong> Main Compartment Assets.<br />

153

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