finpair GmbH (‘finpair’) operates a digital platform via which it structures loans, Schuldschein loans (‘SSD’), registered bonds (‘NBS’) and other debt instruments for companies seeking capital (‘clients’), brokers them to capital-issuing companies (‘investors’) and provides related services.

Norddeutsche Landesbank -Girozentrale- (‘NORD/LB’) uses finpair to place and process its own structured SSDs and NSVs, as well as to broker loans and other debt instruments, and provides finpair's services to customers. The processing of SSDs and NSAs also includes services in the context of paying agent processing and the support of contract adjustment processes (‘waiver’).

finpair provides customers with the technical infrastructure for this. NORD/LB assumes the role of first lender or first bond creditor for the SSDs and NSCs structured via the platform as well as the function of paying agent or paying agent and registrar. It may provide additional support services such as rating services, research services, sales support and the provision of placement guarantees as part of the structuring, placement and settlement process.

In the context of the initiation of business or the support of payment processing between the customer and finpair or the customer and NORD/LB, the customer hereby expressly authorises finpair and NORD/LB (collectively the ‘Company’) to exchange and store information, in particular details of

• about the customer (in particular name/company name, address, date of birth/establishment, profession/industry);
• creditworthiness and financial circumstances;
• the planned transaction or service;
• existing business transactions;
• the collateral provided.

The customer agrees that for the purpose of structuring, concluding, processing or brokering loans, SSD, NSV and other debt instruments or providing related services, data and information may be collected from the identified customers or investors to the extent necessary for this purpose, transmitted between them, stored by them, otherwise processed and used. In this respect, the customer releases NORD/LB - to the extent necessary and legally permissible - from the obligation to maintain banking secrecy in its relationship with finpair.