NORTHERN TRUST GLOBAL SERVICES SE NORWAY BRANCH

Act on financial institutions and financial groups § 3-2 cf. § 2-7.

• 1. Acceptance of deposits and other repayable funds
• 2. Lending
• 4. Money transmission services
• 6. Guarantees and commitments
• 7. a) Money-market instruments
• 7. b) Foreign exchange
• 7. c) Financial future/forward contracts and options
• 7. d) Foreign exchange- and interest rate instruments
• 7. e) Transferable securities
• 11. Portfolio management and advice
• 12. Safekeeping and administration of securities
• 14. Safe custody services

Ancillary services (MiFid directive)

• No 1: Safekeeping and administration of financial instruments on behalf of clients
• No 2: Granting credits in relation to transactions in fin. instruments where the firm is involved
• No 4: Foreign exchange services connected to the provision of investment services
• No 5: Preparation and provision of investment recommendations, financial analyses et al
• No 7: Services related to underlying of derivatives connected to investment and ancillary services

Investment services and activities (MiFid directive)

• No 1: Reception and transmission of orders in relation to one or more financial instruments
• No 2: Execution of orders on behalf of clients
• No 3: Dealing on own account
• No 4: Portfolio management
• No 5: Investment advice

2. Investment services and activities, Securities Trading Act § 2-1 (1)

• No 1: Reception and transmission of orders in relation to one or more financial instruments
• No 2: Execution of orders on behalf of clients
• No 3: Dealing in financial instruments on own account
• No 4: Portfolio management
• No 5: Investment advice

3. Ancillary services, Securities Trading Act § 2-1 (2)

• No 1: Safekeeping and administration of financial instruments on behalf of clients
• No 2: Granting credits in relation to transactions in fin. instruments where the firm is involved
• No 4: Foreign exchange services connected to the provision of investment services
• No 5: Preparation and provision of investment recommendations, financial analyses et a