The following table presents the top 5 execution venues addressed by Birdee in the context of retail business, from 01/01/2021 to 31/12/2021. Birdee relies on order transmission from its depository for execution following the best execution policy of its broker. As such, distinction between passive and aggressive orders as defined in Article 2 of RTS 28 is not relevant for the below reporting. The average number of trades executed per business day during the period is >=1.

EXCHANGE TRADED FUNDS (ETFs)

Top five execution venues ranked in terms of trading volumes (descending order) MIC Proportion of volume traded as a percentage of total in that class

Proportion of orders executed as a percentage of total in that class

EURONEXT PARIS XPAR 63,98%

42,62%

EURONEXT MILAN

XMIL

27,47%

44,04%

EURONEXT AMSTERDAM XAMS 7,15%

9,62%

LONDON STOCK EXCHANGE XLON 1,40%

3,52%

TRADEWEB EUROPE LIMITED TREU 0,00%

0,05%