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The BNP Paribas Multi Asset Diversified 5 Index (“the BNP Paribas Index”) has been developed by BNP Paribas (the "Sponsor") and will be calculated and rebalanced by BNP Paribas Arbitrage SNC (the "Calculation Agent"). Notwithstanding the foregoing, conflicts of interest may exist where: (i) the Sponsor acts in multiple capacities with respect to the BNP Paribas Index, including but not limited to functioning as index sponsor, licensing agent, and/or publisher; (ii) BNP Paribas's Sales, Trading or Structuring desks launch tradable products linked to the performance of the BNP Paribas Index. BNP Paribas has in place policies, information barriers and governance procedures that are designed to avoid or otherwise appropriately manage such conflicts of interest and ensure the independence and integrity of its indices.
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