<p><span>In accordance with section 37 (4) of the German Banking Act (Kreditwesengesetz – </span><abbr title="Kreditwesengesetz">KWG</abbr><span>), </span><abbr title="Bundesanstalt für Finanzdienstleistungsaufsicht">BaFin</abbr><span> would like to make clear that LBB Private Bank/LLB </span><abbr title="Aktiengesellschaft">AG</abbr><span> Private Berlin/Luxemburg has not been granted authorisation under the </span><abbr title="Kreditwesengesetz">KWG</abbr><span> to conduct banking business or provide financial services. The company is not subject to BaFin’s supervision.</span></p>