Code of Practice

The Company’s board of directors, executive managers, management and certain cooperation partners (including, but not limited to: auditors, lawyers and other advisors) who hold information about and/or have knowledge of the Company’s plans and/or finances – and which may become or is already share price sensitive and/or share price establishing, are defined as "insiders" of the Erria Group.

Insiders are informed about the Group’s code of practice concerning Insiders and must by their signature confirm that they understand the code of practice. Among other things the code of practice sets restrictive limitations as to permissible information and communication in relation to individuals who are not defined as Insiders. This information and communication include, but is not limited to, share price sensitive and/or share price establishing information. Insiders may only make dispositions involving the Erria shares as follows: As of the day following the disclosure of a Company announcement Insiders may make dispositions involving the Erria shares for a period of 4 (four) weeks, after which the trading window will be closed.