Disclosure according to sec. 34 b para. 1 German Securities Trading Act for company FinTech Group AG:

Companies affiliated with Warburg Research manage financial instruments, which are, or the issuers of which are, subject of the research recommendation, in a market based on the provision of buy or sell contracts.

The company compiling the analysis or an affiliated company had reached an agreement on the compilation of the research recommendation with the analysed company.

The boxes on the price and rating history chart indicate the date of the Equity Alert and Warburg Research GmbH's projected rating. Each box represents a date on which an analyst made a change to a rating, except for the first box, which may represent the rating in place at the beginning of the period or the first Alert written on the issue in the past 12 months.

Date	Recommendation	Target Price	Close Price	Analyst
06.10.2016	Buy	24.00 EUR	16.00 EUR	Lucas Boventer
27.07.2016	Buy	23.00 EUR	13.88 EUR	Lucas Boventer