<SEC-DOCUMENT>0000950103-16-012182.txt : 20160330
<SEC-HEADER>0000950103-16-012182.hdr.sgml : 20160330
<ACCEPTANCE-DATETIME>20160330074002
ACCESSION NUMBER:		0000950103-16-012182
CONFORMED SUBMISSION TYPE:	20-F
PUBLIC DOCUMENT COUNT:		24
CONFORMED PERIOD OF REPORT:	20151231
FILED AS OF DATE:		20160330
DATE AS OF CHANGE:		20160330

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Affimed N.V.
		CENTRAL INDEX KEY:			0001608390
		STANDARD INDUSTRIAL CLASSIFICATION:	PHARMACEUTICAL PREPARATIONS [2834]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			2M
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		20-F
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36619
		FILM NUMBER:		161537019

	BUSINESS ADDRESS:	
		STREET 1:		IM NEUENHEIMER FELD 582, 69120
		CITY:			HEIDELBERG
		STATE:			2M
		ZIP:			000000
		BUSINESS PHONE:		49-6221-65307

	MAIL ADDRESS:	
		STREET 1:		IM NEUENHEIMER FELD 582, 69120
		CITY:			HEIDELBERG
		STATE:			2M
		ZIP:			000000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Affimed Therapeutics B.V.
		DATE OF NAME CHANGE:	20140516
</SEC-HEADER>
<DOCUMENT>
<TYPE>20-F
<SEQUENCE>1
<FILENAME>dp64430_20f.htm
<DESCRIPTION>FORM 20-F
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 3.5pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"></P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: left; margin: 1pt 4in"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>FORM 20-F</B></P>

<P STYLE="font: 14pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">(Mark One)</P>

<P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&#9744;</FONT></TD><TD><B>REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: center; text-indent: -27pt"><B>OR</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: center; text-indent: -27pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 14pt">&#9746;</FONT></TD><TD><B>ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</B><BR>
<B>For the fiscal year ended December 31, 2015</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: center; text-indent: -27pt"><B>OR</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: center; text-indent: -27pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&#9744;</FONT></TD><TD><B>TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</B><BR>
<B>For the transition period from <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
to <U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.</B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: center; text-indent: -27pt"><B>OR</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 45pt; text-align: center; text-indent: -27pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 18pt"></TD><TD STYLE="width: 27pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">&#9744;</FONT></TD><TD><B>SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934</B><BR>
<B>Date of event requiring this shell company report </B></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Commission file number: 001-36619</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 14pt"><B>AFFIMED
N.V.</B></FONT><BR>
<FONT STYLE="font-size: 9pt">(<I>Exact name of Registrant as specified in its charter</I>)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>The Netherlands</B></FONT><BR>
<FONT STYLE="font-size: 9pt">(<I>Jurisdiction of incorporation or organization</I>)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Technologiepark,
Im Neuenheimer Feld 582</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>69120 Heidelberg, Germany,</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>(+49) 6221-65307-0</B></FONT><BR>
<FONT STYLE="font-size: 9pt">(<I>Address of principal executive offices</I>)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 12pt"><B>Florian
Fischer, CFO</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Tel: (+49) 6221-65307-0</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Technologiepark, Im Neuenheimer Feld 582</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>69120 Heidelberg, Germany</B></FONT><BR>
<FONT STYLE="font-size: 9pt">(<I>Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person</I>)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 9pt"><I>Copies to</I>:</FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Sophia Hudson</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Davis Polk &amp; Wardwell LLP</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>450 Lexington Avenue</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>New York, NY 10017</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Phone: (212) 450-4000</B></FONT><BR>
<FONT STYLE="font-size: 12pt"><B>Fax: (212) 701-5800</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities registered or to be registered
pursuant to Section 12(b) of the Act:</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; padding-right: 10pt">
        <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt solid">Title
of each class&nbsp;</P></td>
    <TD STYLE="width: 50%; padding-right: 10pt">
        <P STYLE="font: bold 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt solid">Name
of each exchange on which registered&nbsp;</P></td></tr>
<tr style="vertical-align: top">
    <td style="font-size: 8pt; text-align: center; font-weight: bold"><font style="font-weight: normal">Common shares, nominal value &euro;0.01 per share</font></td>
    <td style="font-size: 8pt; text-align: center; font-weight: bold"><font style="font-weight: normal">The NASDAQ Stock Market LLC</font></td></tr>
<tr style="vertical-align: top">
    <td style="font-size: 8pt; text-align: center; font-weight: bold">&nbsp;</td>
    <td style="font-size: 8pt; text-align: center; font-weight: bold">&nbsp;</td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities registered or to be registered
pursuant to Section 12(g) of the Act:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">None<BR>
<B>(Title of Class)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Securities for which there is a reporting
obligation pursuant to Section 15(d) of the Act:</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">None<BR>
<B>(Title of Class)</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate the number of outstanding shares of each of the issuer&rsquo;s
classes of capital stock or common stock as of the close of the period covered by the annual report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center">Common shares: 33,259,404</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark if the registrant is a well-known seasoned
issuer, as defined in Rule 405 of the Securities Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9744;</font><font style="font-size: 9pt"> &nbsp;Yes</font></td>
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9746;</font><font style="font-size: 9pt"> &nbsp;No</font></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this report is an annual or transition report, indicate by
check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of
1934.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9744;</font><font style="font-size: 9pt"> &nbsp;Yes</font></td>
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9746;</font><font style="font-size: 9pt"> &nbsp;No</font></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant (1) has filed
all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements
for the past 90 days.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9746;</font><font style="font-size: 9pt"> &nbsp;Yes</font></td>
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9744;</font><font style="font-size: 9pt"> &nbsp;No</font></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant has submitted
electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant
to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit
and post such files).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9744;</font><font style="font-size: 9pt"> &nbsp;Yes</font></td>
    <TD NOWRAP STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9746;</font><font style="font-size: 9pt"> &nbsp;No (not required)</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark whether the registrant is a large accelerated
filer, an accelerated filer, or a non-accelerated filer. See definition of &ldquo;accelerated filer and large accelerated filer&rdquo;
in Rule 12b-2 of the Exchange Act. (Check one):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 33%; font-size: 10pt; text-indent: 0in">Large Accelerated Filer&nbsp;&nbsp;<font style="font-family: Times New Roman, Times, Serif">&#9744;</font></td>
    <TD STYLE="width: 34%; font-size: 10pt; text-align: center">Accelerated Filer&nbsp;&nbsp;<font style="font-family: Times New Roman, Times, Serif">&#9744;</font></td>
    <TD STYLE="width: 33%; font-size: 10pt; text-align: center">Non-accelerated Filer&nbsp;&nbsp;<font style="font-family: Times New Roman, Times, Serif">&#9746;</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indicate by check mark which basis of accounting the registrant
has used to prepare the financial statements included in this filing:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 80%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 25%; text-align: center; font-size: 10pt">U.S. GAAP <font style="font-family: Times New Roman, Times, Serif">&#9744;</font></td>
    <TD NOWRAP STYLE="width: 50%; text-align: center; font-size: 10pt"><P STYLE="margin-top: 0; margin-bottom: 0">International Financial Reporting</P>
                                                                       <P STYLE="margin-top: 0; margin-bottom: 0">Standards as issued by the International</P>
                                                                       <P STYLE="margin-top: 0; margin-bottom: 0">Accounting Standards Board <font style="font-family: Times New Roman, Times, Serif">&#9746;</font></P></td>
    <TD STYLE="width: 25%; text-align: center; font-size: 10pt">Other <font style="font-family: Times New Roman, Times, Serif">&#9744;</font></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If &ldquo;Other&rdquo; has been checked in response to the previous
question, indicate by check mark which financial statement item the registrant has elected to follow.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif">&#9744;</font> &nbsp;Item 17</td>
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif">&#9744;</font> &nbsp;Item 18</td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If this is an annual report, indicate by check mark whether
the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="font: 8pt Times New Roman, Times, Serif; width: 30%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9744;</font><font style="font-size: 9pt"> &nbsp;Yes</font></td>
    <TD STYLE="width: 50%; text-align: center; font-size: 10pt"><font style="font-family: Times New Roman, Times, Serif; font-size: 9pt">&#9746;</font><font style="font-size: 9pt"> &nbsp;No</font></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<!-- Field: Rule-Page --><DIV ALIGN="LEFT" STYLE="margin-top: 1pt; margin-bottom: 1pt"><DIV STYLE="font-size: 1pt; border-top: Black 1pt solid; border-bottom: Black 3.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="text-transform: uppercase"><B><A NAME="toc"></A>TABLE
OF CONTENTS</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: left; margin: 1pt 4in"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-variant: small-caps"><U>Page</U></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="width: 90%; text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_001">FORWARD-LOOKING STATEMENTS</A></TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_001">iii</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_002">PART I</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_002">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_003">ITEM 1.&nbsp; IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_003">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_004">A.&nbsp;&nbsp;&nbsp;Directors and senior management</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_004">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_005">B.&nbsp;&nbsp;&nbsp;Advisers</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_005">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_006">C.&nbsp;&nbsp;&nbsp;Auditors</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_006">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_007">ITEM 2.&nbsp; OFFER STATISTICS AND EXPECTED TIMETABLE</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_007">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_008">A.&nbsp;&nbsp;&nbsp;Offer statistics</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_008">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_009">B.&nbsp;&nbsp;&nbsp;Method and expected timetable</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_009">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_010">ITEM 3.&nbsp; KEY INFORMATION</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_010">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_011">A.&nbsp;&nbsp;&nbsp;Selected Financial Data</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_011">1</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_012">B.&nbsp;&nbsp;&nbsp;Capitalization and indebtedness</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_012">2</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_013">C.&nbsp;&nbsp;&nbsp;Reasons for the offer and use of proceeds</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_013">2</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_014">D.&nbsp;&nbsp;&nbsp;Risk factors</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_014">2</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_015">ITEM 4.&nbsp; INFORMATION ON THE COMPANY</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_015">40</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_016">A.&nbsp;&nbsp;&nbsp;History and development of the company</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_016">40</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_017">B.&nbsp;&nbsp;&nbsp;Business overview</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_017">41</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_018">C.&nbsp;&nbsp;&nbsp;Organizational structure</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_018">81</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_019">D.&nbsp;&nbsp;&nbsp;Property, plant and equipment</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_019">81</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_020">ITEM 4A.&nbsp; UNRESOLVED STAFF COMMENTS</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_020">82</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_021">ITEM 5.&nbsp; OPERATING AND FINANCIAL REVIEW AND PROSPECTS</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_021">82</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_022">A.&nbsp;&nbsp;&nbsp;Operating results</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_022">82</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_023">B.&nbsp;&nbsp;&nbsp;Liquidity and Capital Resources</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_023">91</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_024">C.&nbsp;&nbsp;&nbsp;Research and development, patents and licenses, etc.</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_024">94</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_025">D.&nbsp;&nbsp;&nbsp;Trend information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_025">94</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_026">E.&nbsp;&nbsp;&nbsp;Off-balance sheet arrangements</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_026">94</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_027">F.&nbsp;&nbsp;&nbsp;Tabular disclosure of contractual obligations</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_027">94</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_028">G.&nbsp;&nbsp;&nbsp;Safe harbor</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_028">95</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_029">ITEM 6.&nbsp; DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_029">95</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_030">A.&nbsp;&nbsp;&nbsp;Directors and senior management</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_030">95</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_031">B.&nbsp;&nbsp;&nbsp;Compensation</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_031">99</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_032">C.&nbsp;&nbsp;&nbsp;Board practices</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_032">102</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_033">D.&nbsp;&nbsp;&nbsp;Employees</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_033">104</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_034">E.&nbsp;&nbsp;&nbsp;Share ownership</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_034">104</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_035">ITEM 7.&nbsp; MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_035">104</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_036">A.&nbsp;&nbsp;&nbsp;Major shareholders</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_036">104</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_037">B.&nbsp;&nbsp;&nbsp;Related party transactions</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_037">106</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_038">C.&nbsp;&nbsp;&nbsp;Interests of Experts and Counsel</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_038">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_039">ITEM 8.&nbsp; FINANCIAL INFORMATION</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_039">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_040">A.&nbsp;&nbsp;&nbsp;Consolidated statements and other financial information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_040">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_041">B.&nbsp;&nbsp;&nbsp;Significant changes</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_041">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_042">ITEM 9.&nbsp; THE OFFER AND LISTING</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_042">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_043">A.&nbsp;&nbsp;&nbsp;Offering and listing details</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_043">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_044">B.&nbsp;&nbsp;&nbsp;Plan of distribution</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_044">107</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_045">C.&nbsp;&nbsp;&nbsp;Markets</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_045">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_046">D.&nbsp;&nbsp;&nbsp;Selling shareholders</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_046">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_047">E.&nbsp;&nbsp;&nbsp;Dilution</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_047">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_048">F.&nbsp;&nbsp;&nbsp;Expenses of the issue</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_048">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_049">ITEM 10.&nbsp; ADDITIONAL INFORMATION</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_049">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_050">A.&nbsp;&nbsp;&nbsp;Share capital</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_050">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_051">B.&nbsp;&nbsp;&nbsp;Memorandum and articles of association</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_051">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_052">C.&nbsp;&nbsp;&nbsp;Material contracts</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_052">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_053">D.&nbsp;&nbsp;&nbsp;Exchange controls</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_053">108</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_054">E.&nbsp;&nbsp;&nbsp;Taxation</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_054">108</A></TD></TR>
</TABLE>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 3; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->i<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt; width: 90%"><A HREF="#a_055">F.&nbsp;&nbsp;&nbsp;Dividends and paying agents</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt; width: 10%"><A HREF="#a_055">122</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_056">G.&nbsp;&nbsp;&nbsp;Statement by experts</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_056">122</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_057">H.&nbsp;&nbsp;&nbsp;Documents on display</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_057">122</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_058">I.&nbsp;&nbsp;&nbsp; Subsidiary information</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_058">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_059">ITEM 11.&nbsp; QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT RISK</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_059">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_060">ITEM 12.&nbsp; DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_060">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_061">A.&nbsp;&nbsp;&nbsp;Debt securities</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_061">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_062">B.&nbsp;&nbsp;&nbsp;Warrants and rights</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_062">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_063">C.&nbsp;&nbsp;&nbsp;Other securities</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_063">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_064">D.&nbsp;&nbsp;&nbsp;American Depositary Shares</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_064">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_065">PART II</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_065">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_066">ITEM 13.&nbsp; DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_066">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_067">A.&nbsp;&nbsp;&nbsp;Defaults</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_067">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_068">B.&nbsp;&nbsp;&nbsp;Arrears and delinquencies</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_068">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_069">ITEM 14.&nbsp; MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE OF PROCEEDS</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_069">123</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_071">ITEM 15.&nbsp; CONTROLS AND PROCEDURES</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_071">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_072">A.&nbsp;&nbsp;&nbsp;Disclosure Controls and Procedures</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_072">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_073">B.&nbsp;&nbsp;&nbsp;Management&rsquo;s Annual Report on Internal Control over Financial Reporting</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_073">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_074">C.&nbsp;&nbsp;&nbsp;Attestation Report of the Registered Public Accounting Firm</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_074">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 12.25pt"><A HREF="#a_075">D.&nbsp;&nbsp;&nbsp;Changes in Internal Control over Financial Reporting</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_075">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_076">ITEM 16.&nbsp; [RESERVED]</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_076">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_077">ITEM 16A.&nbsp; Audit committee financial expert</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_077">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_078">ITEM 16B.&nbsp; Code of ethics</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_078">124</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_079">ITEM 16C.&nbsp; Principal Accountant Fees and Services</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_079">125</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_086">ITEM 16D.&nbsp; Exemptions from the listing standards for audit committees</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_086">125</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_087">ITEM 16E.&nbsp; Purchases of equity securities by the issuer and affiliated purchasers</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_087">125</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_088">ITEM 16F.&nbsp; Change in registrant&rsquo;s certifying accountant</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_088">125</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_089">ITEM 16G.&nbsp; Corporate governance</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_089">125</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_090">ITEM 16H.&nbsp; Mine safety disclosure</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_090">126</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_091">PART III</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_091">126</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_092">ITEM 17.&nbsp; Financial statements</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_092">126</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: White">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_093">ITEM 18.&nbsp; Financial statements</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_093">126</A></TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Times New Roman, Times, Serif; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 0pt; padding-left: 0in"><A HREF="#a_094">ITEM 19.&nbsp; Exhibits</A></TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 0pt"><A HREF="#a_094">126</A></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Unless otherwise indicated or the context otherwise requires,
all references in this Annual Report on Form 20-F (the &ldquo;Annual Report&rdquo;) to &ldquo;Affimed N.V.&rdquo; or &ldquo;Affimed,&rdquo;
the &ldquo;Company,&rdquo; &ldquo;we,&rdquo; &ldquo;our,&rdquo; &ldquo;ours,&rdquo; &ldquo;us&rdquo; or similar terms refer to
Affimed N.V., together with its subsidiaries.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">TRADEMARKS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">TandAb&reg; is our registered trademark. The trademarks, trade
names and service marks appearing in this Annual Report are property of their respective <FONT STYLE="font-size: 10pt">owners.</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="text-align: left; margin: 1pt 4in"><DIV STYLE="font-size: 1pt; border-top: Black 0.5pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<p>&nbsp;</p>
<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->ii<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_001"></A>FORWARD-LOOKING STATEMENTS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">This Annual Report contains statements
that constitute forward-looking statements. Many of the forward-looking statements contained in this Annual Report can be identified
by the use of forward-looking words such as &ldquo;anticipate,&rdquo; &ldquo;believe,&rdquo; &ldquo;could,&rdquo; &ldquo;expect,&rdquo;
&ldquo;should,&rdquo; &ldquo;plan,&rdquo; &ldquo;intend,&rdquo; &ldquo;will,&rdquo; &ldquo;estimate&rdquo; and &ldquo;potential,&rdquo;
among others.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Forward-looking statements appear in a
number of places in this Annual Report and include, but are not limited to, statements regarding our intent, belief or current
expectations. Forward-looking statements are based on our management&rsquo;s beliefs and assumptions and on information currently
available to our management. Such statements are subject to risks and uncertainties, and actual results may differ materially from
those expressed or implied in the forward-looking statements due to various factors, including, but not limited to, those identified
under the section &ldquo;Item 3. Key Information&mdash;D. Risk factors&rdquo; in this Annual Report. These risks and uncertainties
include factors relating to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our operation as a development stage company with limited operating history and a history of operating losses; as of December
31, 2015, our accumulated deficit was &euro;120.2 million;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the chance our clinical trials may be delayed or not be successful and clinical results may not reflect results seen in previously
conducted preclinical studies and clinical trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our reliance on contract manufacturers and contract research organizations over which we have limited control;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our lack of adequate funding to complete development of our product candidates and the risk we may be unable to access additional
capital on reasonable terms or at all to complete development and begin commercialization of our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our dependence on the success of AFM13 and AFM11, which are still in clinical development and may eventually prove to be unsuccessful;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>uncertainty surrounding whether the clinical development steps up to commercialization will gain regulatory approval;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the outcome of any, or any discussions we may enter regarding, acquisitions, dispositions, partnerships, license transactions
or changes to our capital structure, including future securities offerings;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the chance that we may become exposed to costly and damaging liability claims resulting from the testing of our product candidates
in the clinic or in the commercial stage;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>if our product candidates obtain regulatory approval, our being subject to expensive ongoing obligations and continued regulatory
overview;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>enacted and future legislation may increase the difficulty and cost for us to obtain marketing approval and commercialization;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the chance that our products may not gain market acceptance, in which case we may not be able to generate product revenues;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our reliance on our current strategic relationships with the DKFZ, Xoma, LLS, Amphivena and Amphivena&rsquo;s other investors
and partners, including MPM Capital, Aeris Capital and Janssen, Merck, and the potential failure to enter into new strategic relationships;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our reliance on third parties to conduct our nonclinical and clinical trials and on third-party single-source suppliers to
supply or produce our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iii<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our ability to scale-up manufacturing processes of our product candidates and also to reduce the cost of manufacturing our
product candidates in advance of any commercialization;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our future growth and ability to compete, which depends on our retaining key personnel and recruiting additional qualified
personnel; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>other risk factors discussed under &ldquo;Item 3. Key Information&mdash;D. Risk factors.&rdquo;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Forward-looking statements speak only as
of the date they are made, and we do not undertake any obligation to update them in light of new information or future developments
or to release publicly any revisions to these statements in order to reflect later events or circumstances or to reflect the occurrence
of unanticipated events.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: LowerRoman; Name: PageNo -->iv<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_002"></A>PART I</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_003"></A>ITEM 1. IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISERS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_004"></A>Directors and senior management</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_005"></A>Advisers</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_006"></A>Auditors</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_007"></A>ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_008"></A>Offer statistics</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_009"></A>Method and expected timetable</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_010"></A>ITEM 3. KEY INFORMATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_011"></A>Selected Financial Data</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The comprehensive loss and financial position
data for the years ended December 31, 2012, 2013, 2014 and 2015 of Affimed N.V. are derived from our consolidated financial statements.
We maintain our books and records in euros, and we prepare our financial statements under International Financial Reporting Standards
as issued by the International Accounting Standards Board (&ldquo;IFRS&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Financial information presented in the
consolidated financial statements of Affimed N.V. for periods prior to the corporate reorganization on September 17, 2014 is that
of Affimed Therapeutics AG, Heidelberg, Germany, and its subsidiary.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">This financial information should be read
in conjunction with &ldquo;Item 5&mdash;Operating and Financial Review and Prospects&rdquo; and our consolidated audited financial
statements, including the notes thereto, included in this Annual Report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-weight: bold; text-align: center">Consolidated Statements of Comprehensive Loss Data</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-weight: bold; text-align: center">For the years ended December 31,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">(in thousands of &euro; except for per share data)</FONT></TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2012</FONT>&nbsp;&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2013</FONT>&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2014</FONT>&nbsp;&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">2015</FONT>&nbsp;&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 56%; font-weight: bold; text-indent: 0in"><FONT STYLE="font-size: 10pt">Revenue</FONT></TD><TD STYLE="width: 1%; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,173</FONT></TD><TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">5,087</FONT></TD><TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">3,382</FONT></TD><TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%; font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">7,562</FONT></TD><TD STYLE="width: 1%; font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: 0in"><FONT STYLE="font-size: 10pt">Other income/(expenses)&mdash;net &#9;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">206</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">610</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">381</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">651</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Research and development expenses&#9;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(8,726</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(14,354</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">(9,595</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">22,008</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 2.5pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">General and administrative
    expenses &#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(3,050</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(7,046</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(2,346</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">7,548</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Operating loss&#9;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(10,397</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(15,703</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(8,178</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(21,343</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-indent: 0in"><FONT STYLE="font-size: 10pt">Finance income/(costs)&mdash;net &#9;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(3,926</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(10,397</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">7,753</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">1,104</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; text-indent: 0in"><FONT STYLE="font-size: 10pt">Loss before tax&#9;</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(14,323</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(26,100</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(425</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-weight: bold"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt">(20,239</FONT></TD><TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">Income taxes &#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">9</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">1</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">166</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">Loss
    for the period&#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(14,314</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(26,099</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(259</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(20,239</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">Total
    comprehensive loss &#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(14,314</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(26,099</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(259</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(20,239</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; padding-bottom: 1pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">Loss per share in &euro;
    per share&#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(0.97</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(1.76</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(0.01</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">(0.71</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">)</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 7; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-weight: bold; text-align: center">As of December 31,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">(in thousands of &euro;)</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">2012&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">2013&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">2014&nbsp;&nbsp;&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: right; border-bottom: Black 1pt solid">2015&nbsp;&nbsp;&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 56%; text-align: left; text-indent: 0in">Cash and cash equivalents&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">4,902</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">4,151</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">39,725</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">76,740</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; text-indent: 0in">Total assets&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,191</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">41,909</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">79,322</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; text-indent: 0in">Total liabilities&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">80,815</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">105,723</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,114</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12,048</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; text-indent: 0in">Accumulated deficit&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(73,631</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(99,730</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(99,989</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(120,228</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; text-indent: 0in">Total equity&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(73,124</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(99,223</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">31,795</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">67,274</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Exchange Rate Information</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our business is primarily conducted in
the European Union, and we maintain our books and records in euros. We have presented results of operations in euros.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">In this Annual Report, translations from
euros to U.S. dollars (and vice versa):</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>relating to payments made on or before December 31, 2015 were made at the rate in effect at the time of the relevant payment;
and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>relating to future payments were made at the rate of &euro;0.919 to $1.00, the official exchange rate quoted as of December
31, 2015 by the European Central Bank.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Such U.S. dollar amounts are not necessarily
indicative of the amounts of U.S. dollars that could actually have been purchased upon exchange of euros at the dates indicated.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The following table presents information
on the exchange rates between the euro and the U.S. dollar for the periods indicated using the rates provided by the European Central
Bank:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Period-end</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Average for period</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Low</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">High</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD><TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="15" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">(&euro; per U.S. dollar)</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD COLSPAN="17" STYLE="font-weight: bold">Year Ended December 31:</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 56%; text-align: left; text-indent: 0in">2011&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">0.773</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">0.718</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">0.672</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">0.776</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; text-indent: 0in">2012&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.758</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.778</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.743</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.827</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; text-indent: 0in">2013&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.725</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.753</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.724</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.783</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; text-indent: 0in">2014&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.824</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.754</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.717</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.824</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; text-indent: 0in">2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.919</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.902</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.830</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.948</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-indent: 0in">Month Ended:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-indent: 0in">September 30, 2015&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.893</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.891</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.876</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.898</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: 0in">October 31, 2015&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.908</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.890</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.874</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.915</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-indent: 0in">November 30, 2015&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.945</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.932</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.907</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.945</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: 0in">December 31, 2015&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.919</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.919</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.910</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.943</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-indent: 0in">January 31, 2016&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.916</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.921</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.914</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.930</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-indent: 0in">February 29, 2016&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.918</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.901</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.884</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.919</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt; text-indent: 0in"><FONT STYLE="font-size: 10pt">March 2016 (through March 24, 2016)&#9;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">0.897</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">0.904</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">0.884</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">0.921</FONT></TD><TD STYLE="padding-bottom: 1pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-size: 8pt">&nbsp;</TD><TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: right">&nbsp;</TD><TD STYLE="font-size: 8pt; text-align: left">&nbsp;</TD></TR>
</TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_012"></A>Capitalization and indebtedness</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_013"></A>Reasons for the offer and use of proceeds</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">D.</TD><TD><A NAME="a_014"></A>Risk factors</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><I>You should carefully consider the risks
and uncertainties described below and the other information in this Annual Report before making an investment in our common shares.
Our business, financial condition or results of operations could be materially and adversely affected if any of these risks occurs,
and as a result, the market price of our common shares could decline and you could lose all or part of your investment. This Annual
Report also </I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left"><I>contains forward-looking statements
that involve risks and uncertainties. See &ldquo;Forward-Looking Statements.&rdquo; Our actual results could differ materially
and adversely from those anticipated in these forward-looking statements as a result of certain factors.</I></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Related to Our Business and the Development and Commercialization
of Our Product Candidates.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>All of our product candidates are in preclinical or clinical
development. Drug development is expensive, time consuming and uncertain, and we may ultimately not be able to obtain regulatory
approvals for the commercialization of some or all of our product candidates.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The research, testing, manufacturing, labeling, approval, selling,
marketing and distribution of drug products are subject to extensive regulation by the U.S. Food and Drug Administration, or FDA,
the European Medicines Agency, or EMA, national competent authorities in Europe, including the Paul-Ehrlich-Institut, or PEI, and
other non-U.S. regulatory authorities, which establish regulations that differ from country to country. We are not permitted to
market our product candidates in the United States or in other countries until we receive approval of a Biologics License Application,
or BLA, from the FDA or marketing approval from applicable regulatory authorities outside the United States. Our product candidates
are in various stages of development and are subject to the risks of failure inherent in drug development. We have not submitted
an application for or received marketing approval for any of our product candidates. We have limited experience in conducting and
managing the clinical trials necessary to obtain regulatory approvals, including approval by the FDA or the European Commission.
Obtaining approval of a BLA or a Marketing Authorization Application can be a lengthy, expensive and uncertain process. In addition,
failure to comply with FDA, EMA and other non-U.S. regulatory requirements may, either before or after product approval, if any,
subject our company to administrative or judicially imposed sanctions, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>restrictions on our ability to conduct clinical trials, including full or partial clinical holds, or other regulatory objections
to, ongoing or planned trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>restrictions on the products, manufacturers or manufacturing process;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>warning letters;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>civil and criminal penalties;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>injunctions;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>suspension or withdrawal of regulatory approvals;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>product seizures, detentions or import bans;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>voluntary or mandatory product recalls and publicity requirements;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>total or partial suspension of production;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>imposition of restrictions on operations, including costly new manufacturing requirements; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>refusal to approve pending BLAs or supplements to approved BLAs in the United States and refusal to approve marketing research
approvals in other jurisdictions.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The FDA, the EMA and other non-U.S. regulatory authorities also
have substantial discretion in the drug approval process. The number of preclinical studies and clinical trials that will be required
for regulatory approval varies depending on the product candidate, the disease or condition that the product candidate is designed
to address, and the regulations applicable to any particular drug candidate. Regulatory agencies can delay, limit or deny approval
of a product candidate for many reasons, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>a product candidate may not be deemed safe or effective;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the results may not confirm the positive results from earlier preclinical studies or clinical trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>regulatory agencies may not find the data from preclinical studies and clinical trials sufficient or well-controlled;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>regulatory agencies might not approve or might require changes to our manufacturing processes or facilities; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>regulatory agencies may change their approval policies or adopt new regulations.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Any delay in obtaining or failure to obtain required approvals
could materially adversely affect our ability to generate revenue from the particular product candidate, which likely would result
in significant harm to our financial position and adversely impact our share price. Furthermore, any regulatory approval to market
a product may be subject to limitations on the indicated uses for which we may market the product. These limitations may limit
the size of the market for the product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have no history of conducting large-scale or pivotal clinical
trials or commercializing pharmaceutical products, which may make it difficult to evaluate the prospects for our future viability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our operations to date have been limited to financing and staffing
our company, developing our technology and developing AFM13, AFM11 and our other product candidates. We have not yet demonstrated
an ability successfully to complete a large-scale or pivotal clinical trial, obtain marketing approval, manufacture a commercial
scale product or conduct sales and marketing activities necessary for successful product commercialization. Consequently, predictions
about our future success or viability may not be as accurate as they could be if we had a history of successfully developing and
commercializing pharmaceutical products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If clinical trials for our product candidates are prolonged,
delayed or stopped, we may be unable to obtain regulatory approval and commercialize our product candidates on a timely basis,
which would require us to incur additional costs and delay our receipt of any product revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A phase 2a clinical trial of AFM13 in patients with
Hodgkin Lymphoma, or HL, started recruitment in the second quarter of 2015. We expect interim data in the second quarter of
2016 and primary endpoint data by the end of 2016. In addition we are also supporting an investigator-sponsored phase 1b/2a
clinical trial of AFM13 in patients with CD30+ lymphoma conducted by Columbia University for which Columbia submitted an IND
to the FDA that has since become effective. We are also planning to initiate a phase 1b study investigating the combination
of AFM13 with Merck&rsquo;s anti PD-1 antibody KEYTRUDA<SUP>&reg;</SUP> (pembrolizumab) in patients with relapsed/refractory
HL in the first half of 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have initiated a phase 1 clinical trial of AFM11 in patients
with non-Hodgkin Lymphoma, or NHL, and expect to report first data by the end of 2016. A phase 1 clinical trial of AFM11 in patients
with acute lymphocytic leukemia, or ALL, is planned to commence in the first half of 2016. The commencement of these planned clinical
trials could be substantially delayed or prevented by several factors, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>further discussions with the FDA, the EMA, the PEI or other regulatory agencies regarding the scope or design of our clinical
trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the limited number of, and competition for, suitable sites to conduct our clinical trials, many of which may already be engaged
in other clinical trial programs, including some that may be for the same indication as our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>any delay or failure to obtain regulatory approval or agreement to commence a clinical trial in any of the countries where
enrollment is planned;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>inability to obtain sufficient funds required for a clinical trial;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>clinical holds on, or other regulatory objections to, a new or ongoing clinical trial;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>delay or failure in the testing, validation, manufacture and delivery of sufficient supplies of product candidate for our clinical
trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>delay or failure to reach agreement on acceptable clinical trial agreement terms with prospective sites or clinical research
organizations, or CROs, the terms of which can be subject to extensive negotiation and may vary significantly among different sites
or CROs; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>delay or failure to obtain institutional review board, or IRB, or ethics committee approval to conduct a clinical trial at
a prospective site.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The completion of our clinical trials could also be substantially
delayed or prevented by several factors, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>slower than expected rates of patient recruitment and enrollment;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>failure of patients to complete the clinical trial or return for post-treatment follow-up;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>unforeseen safety issues, including severe or unexpected drug-related adverse effects experienced by patients, including possible
deaths;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>lack of efficacy during clinical trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>termination of our clinical trials by one or more clinical trial sites;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>inability or unwillingness of patients or clinical investigators to follow our clinical trial protocols;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>inability to monitor patients adequately during or after treatment by us and/or our CROs; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the need to repeat or terminate clinical trials as a result of inconclusive or negative results or unforeseen complications
in testing.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Changes in regulatory requirements and
guidance as well as changes in the competitive environment may also occur and we may need to significantly amend clinical trial
protocols or submit new clinical trial protocols to reflect these changes with appropriate regulatory authorities. Amendments may
require us to renegotiate terms with CROs or resubmit clinical trial protocols to IRBs or ethics committees for re-examination,
which may impact the costs, timing or successful completion of a clinical trial. Our clinical trials may be suspended or terminated
at any time by the FDA, the PEI, other regulatory authorities, the IRB or ethics committee overseeing the clinical trial at issue,
any of our clinical trial sites with respect to that site, or us, due to a number of factors, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>failure to conduct the clinical trial in accordance with regulatory requirements or our clinical protocols;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>unforeseen safety issues or any determination that a clinical trial presents unacceptable health risks;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>lack of adequate funding to continue the clinical trial due to unforeseen costs or other business decisions; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>upon a breach or pursuant to the terms of any agreement with, or for any other reason by, current or future collaborators that
have responsibility for the clinical development of any of our product candidates.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Any failure or significant delay in completing
clinical trials for our product candidates would adversely affect our ability to obtain regulatory approval and our commercial
prospects and ability to generate product revenue will be diminished.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in"><B><I>The results of previous clinical
trials may not be predictive of future results, our progress in trials for one product candidate may not be indicative of progress
in trials for other product candidates and the results of our current and planned clinical trials may not satisfy the requirements
of the FDA, the EMA or other non-U.S. regulatory authorities.</I></B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We currently have no products approved for sale and we cannot
guarantee that we will ever have marketable products. Clinical failure can occur at any stage of clinical development. Clinical
trials may produce negative or inconclusive results, and we or any of our current and future collaborators may decide, or regulators
may require us, to conduct additional clinical or preclinical testing. We will be required to demonstrate with substantial evidence
through well-controlled clinical trials that our product candidates are safe and effective for use in a diverse population before
we can seek regulatory approvals for their commercial sale. Success in early clinical trials does not mean that future larger registration
clinical trials will be successful because product candidates in later-stage clinical trials may fail to demonstrate sufficient
safety and efficacy to the satisfaction of the FDA and non-U.S. regulatory authorities despite having progressed through initial
clinical trials. Product candidates that have shown</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">promising results in early clinical trials may still suffer
significant setbacks in subsequent registration clinical trials. Similarly, the outcome of preclinical testing and early clinical
trials may not be predictive of the success of later clinical trials, and interim results of a clinical trial do not necessarily
predict final results. Progress in trials of one product candidate does not indicate that we will make similar progress in additional
trials for that product candidate or in trials for our other product candidates. A number of companies in the pharmaceutical industry,
including those with greater resources and experience than us, have suffered significant setbacks in advanced clinical trials,
even after obtaining promising results in earlier clinical trials.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, the design of a clinical trial can determine whether
its results will support approval of a product and flaws in the design of a clinical trial may not become apparent until the clinical
trial is well advanced. We may be unable to design and execute a clinical trial to support regulatory approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In some instances, there can be significant variability in safety
and/or efficacy results between different trials of the same product candidate due to numerous factors, including changes in trial
protocols, differences in size and type of the patient populations, adherence to the dosing regimen and other trial protocols and
the rate of dropout among clinical trial participants. We do not know whether any phase 2, phase 3 or other clinical trials we
or any of our collaborators may conduct will demonstrate consistent or adequate efficacy and safety to obtain regulatory approval
to market our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Further, our product candidates may not be approved even if
they achieve their primary endpoints in phase 3 clinical trials or registration trials. The FDA, the EMA or other non-U.S. regulatory
authorities may disagree with our trial design and our interpretation of data from preclinical studies and clinical trials. For
example, the FDA has communicated to us that it may require us to conduct an additional dose-response trial with respect to AFM13
prior to the entry into pivotal studies, depending on data we have generated with AFM13 at that point in time. In addition, any
of these regulatory authorities may change requirements for the approval of a product candidate even after reviewing and providing
comments or advice on a protocol for a clinical trial. In addition, any of these regulatory authorities may also approve a product
candidate for fewer or more limited indications than we request or may grant approval contingent on the performance of costly post-marketing
clinical trials. The FDA, the EMA or other non-U.S. regulatory authorities may not accept the labeling claims that we believe would
be necessary or desirable for the successful commercialization of our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We use new technologies in the development
of our product candidates and the FDA and other regulatory authorities have not approved products that utilize these technologies.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our product candidates in development are based on new technologies,
such as NK-cell TandAbs, T-cell TandAbs and Trispecific Abs. The approval of our product candidates is less certain than approval
of drugs that do not employ such novel technologies or methods of action. We intend to work closely with the FDA, the EMA and other
regulatory authorities to perform the requisite scientific analyses and evaluation of our methods to obtain regulatory approval
for our product candidates. For example, final assays and specifications of our product candidates, in particular regarding cytotoxicity,
have yet to be developed, and the FDA, EMA or other regulatory authorities may require additional analyses to evaluate this aspect
of our product quality. It is possible that the validation process may take time and resources, require independent third-party
analyses or not be accepted by the FDA, the EMA and other regulatory authorities. Delays or failure to obtain regulatory approval
of any of the product candidates that we are developing would adversely affect our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Even if our product candidates obtain
regulatory approval, they will be subject to continual regulatory review.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If marketing authorization is obtained for any of our product
candidates, the product will remain subject to continual review and therefore authorization could be subsequently withdrawn or
restricted. We will be subject to ongoing obligations and oversight by regulatory authorities, including adverse event reporting
requirements, marketing restrictions and, potentially, other post-marketing obligations, all of which may result in significant
expense and limit our ability to commercialize such products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If there are changes in the application of legislation or regulatory
policies, or if problems are discovered with a product or our manufacture of a product, or if we or one of our distributors, licensees
or co-marketers fails to comply with regulatory requirements, the regulators could take various actions. These include imposing
fines on us, imposing restrictions on the product or its manufacture and requiring us to recall or remove the product from the
market. The regulators could also suspend or withdraw our marketing authorizations, requiring us to conduct</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">additional clinical trials, change our product labeling or submit
additional applications for marketing authorization. If any of these events occurs, our ability to sell such product may be impaired,
and we may incur substantial additional expense to comply with regulatory requirements, which could materially adversely affect
our business, financial condition and results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may not be successful in our efforts
to use and expand our technology platforms to build a pipeline of product candidates.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A key element of our strategy is to use and expand our technology
platforms to build a pipeline of product candidates and progress these product candidates through clinical development for the
treatment of a variety of different types of diseases. Although our research and development efforts to date have resulted in a
pipeline of product candidates directed at various cancers, we may not be able to develop product candidates that are safe and
effective. Even if we are successful in continuing to build our pipeline, the potential product candidates that we identify may
not be suitable for clinical development, including as a result of being shown to have harmful side effects or other characteristics
that indicate that they are unlikely to be products that will receive marketing approval and achieve market acceptance. If we do
not continue to successfully develop and begin to commercialize product candidates, we will face difficulty in obtaining product
revenues in future periods, which could result in significant harm to our financial position and adversely affect our share price.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Even if we obtain marketing approval
of any of our product candidates in a major pharmaceutical market such as the United States or Europe, we may never obtain approval
or commercialize our products in other major markets, which would limit our ability to realize their full market potential.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In order to market any products in a country or territory, we
must establish and comply with numerous and varying regulatory requirements of such countries or territories regarding safety and
efficacy. Clinical trials conducted in one country may not be accepted by regulatory authorities in other countries, and regulatory
approval in one country does not mean that regulatory approval will be obtained in any other country. Approval procedures vary
among countries and can involve additional product testing and validation and additional administrative review periods. Seeking
regulatory approvals in all major markets could result in significant delays, difficulties and costs for us and may require additional
preclinical studies or clinical trials which would be costly and time consuming. Regulatory requirements can vary widely from country
to country and could delay or prevent the introduction of our products in those countries. Satisfying these and other regulatory
requirements is costly, time consuming, uncertain and subject to unanticipated delays. In addition, our failure to obtain regulatory
approval in any country may delay or have negative effects on the process for regulatory approval in other countries. We do not
have any product candidates approved for sale in any jurisdiction, including international markets, and we do not have experience
in obtaining regulatory approval in international markets. If we fail to comply with regulatory requirements in international markets
or to obtain and maintain required approvals, our target market will be reduced and our ability to realize the full market potential
of our products will be harmed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">In the United States, we plan to seek
fast track designation of AFM13; and we may seek fast track designation of AFM11 and/or our other product candidates or breakthrough
designation of AFM13 and/or AFM11 and/or our other product candidates. There is no assurance that the FDA will grant either such
designation; and, even if it does grant either such designation to AFM13 or AFM11 or one of our other product candidates, such
designation may not actually lead to a faster development or regulatory review or approval process and does not increase the likelihood
that our product candidates will receive marketing approval in the United States.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We plan to seek fast track of AFM13 as a monotherapy and/or
as a combination therapy for patients with relapsed/refractory HL, and we may see fast track designation of AFM11 or breakthrough
designation of AFM13 and/or AFM11 and/or our other product candidates. The fast track program, a provision of the FDA Modernization
Act of 1997, is designed to facilitate interactions between a sponsoring company and the FDA before and during submission of a
BLA for an investigational agent that, alone or in combination with one or more other drugs, is intended to treat a serious or
life-threatening disease or condition, and which demonstrates the potential to address an unmet medical need for that disease
or condition. Under the fast track program, the FDA may consider reviewing portions of a marketing application before the sponsor
submits the complete application if the FDA determines, after a preliminary evaluation of the clinical data, that a fast track
product may be effective. A fast track designation provides the opportunity for more frequent interactions with the FDA, and a
fast track product could be eligible for priority review if supported by clinical data at the time of submission of the BLA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The FDA is authorized to designate a product candidate as a
breakthrough therapy if it finds that the product is intended, alone or in combination with one or more other drugs, to treat a
serious or life-threatening disease or condition and preliminary clinical evidence indicates that the product may demonstrate substantial
improvement over existing therapies on one or more clinically significant endpoints, such as substantial treatment effects observed
early in clinical development. For products designated as breakthrough therapies, interaction and communication between the FDA
and the sponsor of the trial can help to identify the most efficient path for clinical development while minimizing the number
of patients placed in ineffective control regimens. Products designated as breakthrough therapies by the FDA are also eligible
for accelerated approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The FDA has broad discretion whether or not to grant fast track
or breakthrough designation. Accordingly, even if we believe one of our product candidates meets the criteria for fast track or
breakthrough designation, the FDA may disagree and instead determine not to make such designation. In any event, the receipt of
fast-track or breakthrough therapy designation for a product candidate may not result in a faster development process, review or
approval compared to product candidates considered for approval under conventional FDA procedures and, in any event, does not assure
ultimate approval by the FDA. In addition, even if one or more of our product candidates qualify as fast track or breakthrough
therapies, the FDA may later decide that the product candidates no longer meet the conditions for qualification or decide that
the time period for FDA review or approval will not be shortened.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may be unable to obtain orphan product
designation or exclusivity for some of our product candidates. If our competitors are able to obtain orphan product exclusivity
for their products in the same indications for which we are developing our product candidates, we may not be able to have our products
approved by the applicable regulatory authority for a significant period of time. Conversely, if we obtain orphan drug exclusivity
for some of our product candidates, we may not be able to benefit from the associated marketing exclusivity.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regulatory authorities in some jurisdictions, including the
United States and Europe, may designate drugs for relatively small patient populations as orphan drugs. Under the Orphan Drug Act,
the FDA may designate a product candidate as an orphan drug if it is a drug intended to treat a rare disease or condition, which
is generally defined as a patient population of fewer than 200,000 individuals annually in the United States. In the European Union,
or the EU, the European Commission may designate a product candidate as an orphan medicinal product if it is a medicine for the
diagnosis, prevention or treatment of life-threatening or very serious conditions that affect not more than five in 10,000 persons
in the European Union, or it is unlikely that marketing of the medicine would generate sufficient returns to justify the investment
needed for its development. We have received orphan drug designation for AFM13 for the treatment of HL in the United States and
Europe, but orphan drug status may not ensure that we have market exclusivity in a particular market and there is no assurance
we will be able to receive orphan drug designation for AFM11 or any additional product candidates. Further, the granting of a request
for orphan drug designation does not alter the standard regulatory requirements and process for obtaining marketing approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Generally, if a product candidate with an orphan drug designation
receives the first marketing approval for the indication for which it has such designation, the product is entitled to a period
of marketing exclusivity, which, subject to certain exceptions, precludes the FDA from approving the marketing application of another
drug for the same indication for that time period or precludes the EMA, and other national drug regulators in the EU, from accepting
the marketing application for another medicinal product for the same indication. The applicable period is seven years in the United
States and ten years in the European Union. The EU period can be reduced to six years if a product no longer meets the criteria
for orphan drug designation or if the product is sufficiently profitable so that market exclusivity is no longer justified. In
the EU, orphan exclusivity may also be extended for an additional two years (i.e., a maximum of 12 years&rsquo; orphan exclusivity)
if the product is approved on the basis of a dossier that includes pediatric clinical trial data generated in accordance with an
approved paediatric investigation plan. Orphan drug exclusivity may be lost in the United States if the FDA determines that the
request for designation was materially defective or if the manufacturer is unable to assure sufficient quantity of the product
to meet the needs of patients with the rare disease or condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Even if we obtain orphan drug exclusivity for one or more of
our products that exclusivity may not effectively protect the product from competition because exclusivity can be suspended under
certain circumstances. In the United States, even after an orphan drug is approved, the FDA can subsequently approve another drug
for the same condition if the FDA concludes that the later drug is clinically superior in that it is shown to be safer, more effective
or makes a major contribution to patient care. In the European Union, orphan exclusivity will not prevent a marketing authorization
being granted for a similar medicinal product in the same indication if the new product is</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">safer, more effective or otherwise clinically superior to the
first product or if the marketing authorization holder of the first product is unable to supply sufficient quantities of the product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our product candidates may have serious adverse, undesirable
or unacceptable side effects which may delay or prevent marketing approval. If such side effects are identified during the development
of our product candidates or following approval, if any, we may need to abandon our development of such product candidates, the
commercial profile of any approved label may be limited, or we may be subject to other significant negative consequences following
marketing approval, if any.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Although all of our product candidates have undergone or will
undergo safety testing to the extent possible and agreed with health authorities, not all adverse effects of drugs can be predicted
or anticipated. Immunotherapy and its method of action of harnessing the body&rsquo;s immune system, especially with respect to
T-cell TandAbs, is powerful and could lead to serious side effects that we only discover in clinical trials. Unforeseen side effects
from any of our product candidates could arise either during clinical development or, if such side effects are rarer, after our
product candidates have been approved by regulatory authorities and the approved product has been marketed, resulting in the exposure
of additional patients. All of our product candidates are still in clinical or preclinical development. While our phase 1 clinical
trials for AFM13 demonstrated a favorable safety profile, the results from future trials of AFM13 may not confirm these results.
We have recently commenced our phase 1 clinical trial of AFM11, the primary objective of which is to assess safety. The harnessing
of T-cells to kill tumors is risky and may have unintended consequences. So far we have not previously demonstrated that AFM11
is safe in humans, and we cannot predict if the ongoing phase 1 clinical trial will do so.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Furthermore, we are initially developing our product candidates
for patients with HL, TCL and NHL for whom no other therapies have succeeded and survival times are frequently short. Therefore,
we expect that certain patients may die during the clinical trials of our product candidates, and it may be difficult to ascertain
whether such deaths are attributable to the underlying disease, complications from the disease, our product candidates or a combination
thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The results of future clinical trials may show that our product
candidates cause undesirable or unacceptable side effects, which could interrupt, delay or halt clinical trials, and result in
delay of, or failure to obtain, marketing approval from the FDA, the European Commission and other regulatory authorities, or result
in marketing approval from the FDA, the European Commission and other regulatory authorities with restrictive label warnings or
potential product liability claims.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If any of our product candidates receives marketing approval
and we or others later identify undesirable or unacceptable side effects caused by such products:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>regulatory authorities may require us to take our approved product off the market;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>regulatory authorities may require the addition of labeling statements, specific warnings, a contraindication or field alerts
to physicians and pharmacies;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we may be required to change the way the product is administered, conduct additional clinical trials or change the labeling
of the product;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we may be subject to limitations on how we may promote the product;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>sales of the product may decrease significantly;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we may be subject to litigation or product liability claims; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our reputation may suffer.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Any of these events could prevent us, our collaborators or our
potential future partners from achieving or maintaining market acceptance of the affected product or could substantially increase
commercialization costs and expenses, which in turn could delay or prevent us from generating significant revenue from the sale
of our products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Adverse events in the field of immuno-oncology
could damage public perception of our product candidates and negatively affect our business.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The commercial success of our products will depend in part on
public acceptance of the use of cancer immunotherapies. Adverse events in clinical trials of our product candidates or in clinical
trials of others developing similar products and the resulting publicity, as well as any other adverse events in the field of immuno-oncology
that may occur in the future, could result in a decrease in demand for any products that we may develop. For example, Memorial
Sloan Kettering&rsquo;s recent suspension of enrollment of a trial of Juno Therapeutics&rsquo; therapy using T-cells reengineered
with chimeric antigen receptors (CARs) against CD19-positive B-cells for aggressive NHL attracted significant negative attention
(although the hold was subsequently lifted). Although the mode of action of our T-cell TandAbs differs from that of CARs, the public
may not always differentiate between our therapies and others in the field. If public perception is influenced by claims that the
use of cancer immunotherapies is unsafe, our products may not be accepted by the general public or the medical community.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Future adverse events in immuno-oncology or the biopharmaceutical
industry could also result in greater governmental regulation, stricter labeling requirements and potential regulatory delays in
the testing or approvals of our products. Any increased scrutiny could delay or increase the costs of obtaining regulatory approval
for our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We depend on enrollment of patients in
our clinical trials for our product candidates. If we are unable to enroll patients in our clinical trials, our research and development
efforts could be materially adversely affected.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Successful and timely completion of clinical trials will require
that we enroll a sufficient number of patient candidates. Trials may be subject to delays as a result of patient enrollment taking
longer than anticipated or patient withdrawal. Patient enrollment depends on many factors, including the size and nature of the
patient population, eligibility criteria for the trial, the proximity of patients to clinical sites, the design of the clinical
protocol, the availability of competing clinical trials, the availability of new drugs approved for the indication the clinical
trial is investigating, and clinicians&rsquo; and patients&rsquo; perceptions as to the potential advantages of the drug being
studied in relation to other available therapies. For example, our product candidate AFM13 has orphan drug designation for the
treatment of HL, which means that the potential patient population is limited. Further, in our phase 2a clinical trial of AFM13
as well as in our phase 1b combination study of AFM13 with Merck&rsquo;s anti PD-1 antibody KEYTRUDA<SUP>&reg;</SUP> (pembrolizumab)
we plan to enroll patients with relapsed/refractory HL who have been treated with Adcetris (brentuximab vedotin), which is an even
more limited population of patients. As we are developing AFM13 and AFM11 for patients for whom all other therapies have failed
and who may not have long to live, patients may elect not to participate in our, or any, clinical trial. In addition, there are
several other drugs potentially in development for the indications for which we may develop AFM13 and AFM11, and we may compete
for patients with the sponsors of trials for those drugs. These factors may make it difficult for us to enroll enough patients
to complete our clinical trials in a timely and cost-effective manner. Delays in the completion of any clinical trial of our product
candidates will increase our costs, slow down our product candidate development and approval process and delay or potentially jeopardize
our ability to commence product sales and generate revenue. In addition, some of the factors that cause, or lead to, a delay in
the commencement or completion of clinical trials may also ultimately lead to the denial of regulatory approval of our product
candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Even if approved, if any of our product
candidates do not achieve broad market acceptance among physicians, patients, the medical community and third-party payors, our
revenue generated from their sales will be limited.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The commercial success of our product candidates will depend
upon their acceptance among physicians, patients and the medical community. The degree of market acceptance of our product candidates
will depend on a number of factors, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>limitations or warnings contained in the approved labeling for a product candidate;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>changes in the standard of care for the targeted indications for any of our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>limitations in the approved clinical indications for our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>demonstrated clinical safety and efficacy compared to other products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt">
<TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>lack of significant adverse side effects;</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->




<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>sales, marketing and distribution support;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>availability and extent of reimbursement from managed care plans and other third-party payors;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>timing of market introduction and perceived effectiveness of competitive products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the degree of cost-effectiveness of our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>availability of alternative therapies at similar or lower cost, including generic and over-the-counter products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the extent to which the product candidate is approved for inclusion on formularies of hospitals and managed care organizations;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>whether the product is designated under physician treatment guidelines as a first-line therapy or as a second- or third-line
therapy for particular diseases;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>adverse publicity about our product candidates or favorable publicity about competitive products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>convenience and ease of administration of our products; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>potential product liability claims.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If any of our product candidates are approved, but do not achieve
an adequate level of acceptance by physicians, patients and the medical community, we may not generate sufficient revenue from
these products, and we may not become or remain profitable. In addition, efforts to educate the medical community and third-party
payors on the benefits of our product candidates may require significant resources and may never be successful.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We are subject to manufacturing risks
that could substantially increase our costs and limit supply of our products.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The process of manufacturing our products is complex, highly
regulated and subject to several risks, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>We do not have experience in manufacturing our product candidates at commercial scale. We plan to contract with external manufacturers
to develop a larger scale process for manufacturing AFM13 in parallel with our clinical trials of AFM13, in order to have material
from such commercial scale process available for a potential pivotal phase 2b trial for patients with HL. We may not succeed in
the scaling up of our process. We may need a larger scale manufacturing process for AFM11 than what we have planned, depending
on the dose and regimen that will be determined in our phase 1 study. Any changes in our manufacturing processes as a result of
scaling up may result in the need to obtain additional regulatory approvals. Difficulties in achieving commercial-scale production
or the need for additional regulatory approvals as a result of scaling up could delay the development and regulatory approval of
our product candidates and ultimately affect our success.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>The process of manufacturing biologics, such as AFM13, AFM11 and our other product candidates, is extremely susceptible to
product loss due to contamination, equipment failure or improper installation or operation of equipment, vendor or operator error,
inconsistency in yields, variability in product characteristics and difficulties in scaling the production process. Even minor
deviations from normal manufacturing processes could result in reduced production yields, product defects and other supply disruptions.
If microbial, viral or other contaminations are discovered in our product candidates or in the manufacturing facilities in which
our product candidates are made, such manufacturing facilities may need to be closed for an extended period of time to investigate
and remedy the contamination.<SUP> </SUP></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>The manufacturing facilities in which our product candidates are made could be adversely affected by equipment failures, labor
shortages, natural disasters, power failures and numerous other factors.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>We must comply with applicable current Good Manufacturing Practice, or cGMP, regulations and guidelines. We may encounter difficulties
in achieving quality control and quality assurance and may experience shortages in qualified personnel. We are subject to inspections
by the FDA and comparable</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">agencies in other jurisdictions
to confirm compliance with applicable regulatory requirements. Any failure to follow cGMP or other regulatory requirements or delay,
interruption or other issues that arise in the manufacture, fill-finish, packaging, or storage of our product candidates as a result
of a failure of our facilities or the facilities or operations of third parties to comply with regulatory requirements or pass
any regulatory authority inspection could significantly impair our ability to develop and commercialize our product candidates,
including leading to significant delays in the availability of drug product for our clinical trials or the termination or hold
on a clinical trial, or the delay or prevention of a filing or approval of marketing applications for our product candidates. Significant
noncompliance could also result in the imposition of sanctions, including fines, injunctions, civil penalties, failure of regulatory
authorities to grant marketing approvals for our product candidates, delays, suspension or withdrawal of approvals, license revocation,
seizures or recalls of products, operating restrictions and criminal prosecutions, any of which could damage our reputation. If
we are not able to maintain regulatory compliance, we may not be permitted to market our product candidates and/or may be subject
to product recalls, seizures, injunctions, or criminal prosecution.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Any adverse developments affecting manufacturing operations for our product candidates, if any are approved, may result in
shipment delays, inventory shortages, lot failures, product withdrawals or recalls, or other interruptions in the supply of our
products. We may also have to take inventory write-offs and incur other charges and expenses for products that fail to meet specifications,
undertake costly remediation efforts or seek more costly manufacturing alternatives.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Our product candidates that have been produced and are stored for later use may degrade, become contaminated or suffer other
quality defects, which may cause the affected product candidates to no longer be suitable for their intended use in clinical trials
or other development activities. If the defective product candidates cannot be replaced in a timely fashion, we may incur significant
delays in our development programs that could adversely affect the value of such product candidates.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We currently have no marketing, sales
or distribution infrastructure. If we are unable to develop sales, marketing and distribution capabilities on our own or through
collaborations, or if we fail to achieve adequate pricing and/or reimbursement we will not be successful in commercializing our
product candidates.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We currently have no marketing, sales and distribution capabilities
because our lead product candidates are still in clinical development. If any of our product candidates are approved, we intend
either to establish a sales and marketing organization with technical expertise and supporting distribution capabilities to commercialize
our product candidates, or to outsource this function to a third party. Either of these options would be expensive and time consuming.
These costs may be incurred in advance of any approval of our product candidates. In addition, we may not be able to hire a sales
force that is sufficient in size or has adequate expertise in the medical markets that we intend to target. Any failure or delay
in the development of our internal sales, marketing and distribution capabilities would adversely impact the commercialization
of our products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To the extent that we enter into collaboration agreements with
respect to marketing, sales or distribution, our product revenue may be lower than if we directly marketed or sold any approved
products. In addition, any revenue we receive will depend in whole or in part upon the efforts of these third-party collaborators,
which may not be successful and are generally not within our control. If we are unable to enter into these arrangements on acceptable
terms or at all, we may not be able to successfully commercialize any approved products. If we are not successful in commercializing
any approved products, either on our own or through collaborations with one or more third parties, our future product revenue will
suffer and we may incur significant additional losses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We may not be able to achieve the prices
for our products that we may need for sustained profitability. In particular, there are different and changing reimbursement regulations
in major market countries and other countries, and we might not be able to show the specific benefit or other requirements required
for reimbursement or reimbursement at a specified pricing level in one or more jurisdictions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, if we successfully develop combinations of our
product candidates with other potentially expensive agents, the market may not allow for premium pricing of our products and hence
may impair our ability to achieve profitability.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We face significant competition and if
our competitors develop and market products that are more effective, safer or less expensive than our product candidates, our commercial
opportunities will be negatively impacted.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The life sciences industry is highly competitive and subject
to rapid and significant technological change. We are currently developing therapeutics that will compete with other drugs and
therapies that currently exist or are being developed. Products we may develop in the future are also likely to face competition
from other drugs and therapies, some of which we may not currently be aware. We have competitors both in the United States and
internationally, including major multinational pharmaceutical companies, established biotechnology companies, specialty pharmaceutical
companies, universities and other research institutions. Many of our competitors have significantly greater financial, manufacturing,
marketing, drug development, technical and human resources than we do. Large pharmaceutical companies, in particular, have extensive
experience in clinical testing, obtaining regulatory approvals, recruiting patients and in manufacturing pharmaceutical products.
These companies also have significantly greater research and marketing capabilities than we do and may also have products that
have been approved or are in late stages of development, and collaborative arrangements in our target markets with leading companies
and research institutions. Established pharmaceutical companies may also invest heavily to accelerate discovery and development
of novel compounds or to in-license novel compounds that could make the product candidates that we develop obsolete. As a result
of all of these factors, our competitors may succeed in obtaining patent protection and/or marketing approval or discovering, developing
and commercializing products in our field before we do.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">There is a large number of companies developing or marketing
treatments for cancer disorders, including many major pharmaceutical and biotechnology companies. These treatments consist both
of small molecule drug products, as well as biologic therapeutics that work, among others, either by using next-generation antibody
technology platforms or new immunological approaches to address specific cancer targets. These treatments are often combined with
one another in an attempt to maximize the response rate. In addition, several companies are developing therapeutics that work by
targeting multiple specificities using a single recombinant molecule, as we are.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Adcetris, an antibody-drug conjugate targeting CD30,
was approved by the FDA in relapsed/refractory HL in 2011. In addition, Adcetris was approved by the FDA in 2015 for
the treatment of patients with HL <FONT STYLE="color: #040404">at high risk of relapse or progression  following autologous
hematopoietic stem cell transplantation as consolidation treatment. </FONT>In the European Union, Adcetris is approved for
the same indications. Adcetris is currently being investigated in different settings and various combinations in HL. Recent
data indicate high complete response rates when combined with ipilimumab or bendamustine in relapsed/refractory HL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Recently, clinical phase 1 data with the anti PD-1 CPIs
nivolumab and pembrolizumab in HL was published in the New England Journal of Medicine and at several conferences. This early
data indicates the potential of anti PD-1 antibodies to cause high response rates in the salvage setting of HL. The FDA has
granted breakthrough designation for nivolumab in relapsed/refractory HL. Phase 2 studies are reported to be ongoing with
nivolumab and pembrolizumab (registrational intent). If AFM13 were to be approved for HL, we would be in competition with
these therapies, as well as any other therapies or combination regimens that comprise the standard of care that AFM13 could
potentially displace. Several other agents have reached proof of concept clinical trials in HL, including Afinitor&reg;
(Novartis AG), ferritarg (MABLife), lirilumab (Innate Pharma), panobinostat (Novartis) and lenalidomide (Celgene).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">With respect to competitors for AFM11, rituximab has been approved
to treat certain types of NHL in both the United States and Europe and is generally combined with a chemotherapy regimen (typically
CHOP or bendamustine). Imbruvica, a small molecule drug targeting malignant B-cells, was approved by the FDA in 2013 to treat the
mantle cell variant of NHL (MCL). Amgen develops cancer product candidates that work by targeting receptors both on immune cells
and cancer cells, like our TandAbs. Amgen&rsquo;s blinatumomab, a product based on the BiTE<SUP>&reg;</SUP> (bispecific T-cell
engager) technology, is an antibody construct similar to AFM11 and was approved by the FDA and EMA to treat patients with relapsed
and refractory Philadelphia chromosome-negative precursor B-cell acute lymphoblastic leukemia (B-cell ALL). MacroGenics&rsquo;
MGD011, a CD19xCD3 DART entered phase I in B-NHL and ALL and is being developed in partnership with Janssen Biotech. Morphosys
is developing an Fc-enhanced anti-CD19 monoclonal antibody (phase II). Regeneron is developing a bispecific CD20xCD3 antibody for
the treatment of NHL, which is currently in phase I. In October 2015, the FDA granted breakthrough designation to Pfizer`s CD22-targeting
antibody-drug conjugate inotuzumab ozogamizin for the treatment of relapsed and refractory B-ALL. A second CD19-targeting antibody-drug
conjugate is being developed by Seattle Genetics and has entered phase II in NHL. Juno Therapeutics, Novartis, Bellicum, Cellectis
and Kite Pharma are each developing</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">therapies using T-cells reengineered with chimeric antigen receptors
(CARs) against CD19-positive B-cells. This therapeutic approach, which utilizes a patient&rsquo;s own T-cells after ex-vivo genetic
modification, is currently being investigated in early stage clinical trials. Although limited data are available, CAR treatments
seem to result in high response rates, specifically in ALL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect that our TandAb and trispecific antibody platforms
will serve as the basis for future product candidates and collaborations with pharmaceutical companies. Other companies also have
developed platform technologies that compete with us. For example, Macrogenics is developing its DART platform, which enables the
targeting of multiple receptors or cells by using a single molecule with an antibody-like structure. Ablynx is also developing
such a platform aimed at multi-receptor targeting, which to date has not reached clinical testing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our commercial opportunity could be reduced or eliminated if
our competitors develop and commercialize products that are safer, more effective, have fewer or less severe effects, are more
convenient, have a broader label, are marketed more effectively, are reimbursed or are less expensive than any products that we
may develop. Our competitors also may obtain FDA, European Commission or other regulatory approval for their products more rapidly
than we may obtain approval for ours, which could result in our competitors establishing a strong market position before we are
able to enter the market. Even if our product candidates achieve marketing approval, they may be priced at a significant premium
over competitive products if any have been approved by then, resulting in reduced competitiveness.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, our ability to compete in the future may be affected
in many cases by insurers or other third-party payors seeking to encourage the use of biosimilar products. In March 2010, President
Obama signed into law the Patient Protection and Affordable Care Act, as amended by the Health Care and Education Reconciliation
Act, or collectively, the Health Care Reform Law, a sweeping law intended to broaden access to health insurance, reduce or constrain
the growth of healthcare spending, enhance remedies against fraud and abuse, add new transparency requirements for health care
and health insurance industries, impose new taxes and fees on the health industry and impose additional health policy reforms.
The Health Care Reform Law also created a new regulatory scheme authorizing the FDA to approve biosimilars. Under the Health Care
Reform Law, a manufacturer may submit an application for licensure of a biologic product that is &ldquo;biosimilar to&rdquo; or
&ldquo;interchangeable with&rdquo; a previously approved biological product or &ldquo;reference product,&rdquo; without the need
to submit a full package of preclinical and clinical data. Under this new statutory scheme, an application for a biosimilar product
may not be submitted to the FDA until four years following approval of the reference product. The FDA may not approve a biosimilar
product until 12 years from the date on which the reference product was approved. Even if a product is considered to be a reference
product eligible for exclusivity, another company could market a competing version of that product if the FDA approves a full BLA
for such product containing the sponsor&rsquo;s own preclinical data and data from adequate and well-controlled clinical trials
to demonstrate the safety, purity and potency of their product. Furthermore, recent legislation has proposed that the 12-year exclusivity
period for each a reference product may be reduced to seven years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Smaller and other early stage companies may also prove to be
significant competitors, particularly through collaborative arrangements with large and established companies. These third parties
compete with us in recruiting and retaining qualified scientific and management personnel, establishing clinical trial sites and
patient registration for clinical trials, as well as in acquiring technologies complementary to, or necessary for, our programs.
In addition, the biopharmaceutical industry is characterized by rapid technological change. If we fail to stay at the forefront
of technological change, we may be unable to compete effectively. Technological advances or products developed by our competitors
may render our technologies or product candidates obsolete, less competitive or not economical.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Enacted and future legislation may increase
the difficulty and cost for us to obtain marketing approval of and commercialize our product candidates and may affect the prices
we may set. The successful commercialization of our product candidates will depend in part on the extent to which governmental
authorities and health insurers establish adequate coverage and reimbursement levels and pricing policies.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the United States, the European Union, its member states
and some other foreign jurisdictions, there have been a number of legislative and regulatory changes and proposed changes regarding
the healthcare system. These changes could prevent or delay marketing approval of our product candidates, restrict or regulate
post-approval activities and affect our ability to sell profitably any products for which we obtain marketing approval. Among policy
makers and payors in the United States and elsewhere, there is significant interest in promoting changes in healthcare systems
with the stated goals of containing healthcare costs, improving quality and/or expanding access to healthcare.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the United States, the Medicare Prescription Drug, Improvement,
and Modernization Act of 2003, or the Medicare Modernization Act, changed the way Medicare covers and pays for pharmaceutical products.
The legislation expanded Medicare coverage for drug purchases by the elderly and introduced a new reimbursement methodology based
on average sale prices for physician-administered drugs. In addition, this legislation provided authority for limiting the number
of drugs that will be covered in any therapeutic class. Cost-reduction initiatives and other provisions of this legislation could
decrease the coverage and price that we receive for any approved products. If we successfully develop combinations of our product
candidates with other potentially expensive agents, we may not achieve premium pricing for our products, which may impair our ability
to achieve profitability.While the Medicare Modernization Act applies only to drug benefits for Medicare beneficiaries, private
payors often follow Medicare coverage policy and payment limitations in setting their own reimbursement rates. Therefore, any reduction
in reimbursement that results from the Medicare Modernization Act may result in a similar reduction in payments from private payors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, the Health Care Reform Law, among other things,
increased rebates a manufacturer must pay to the Medicaid program, addressed a new methodology by which rebates owed by manufacturers
under the Medicaid Drug Rebate Program are calculated for drugs that are inhaled, infused, instilled, implanted or injected, established
a new Medicare Part D coverage gap discount program, in which manufacturers must provide 50% point-of-sale discounts on products
covered under Part D and implemented payment system reforms including a national pilot program on payment bundling to encourage
hospitals, physicians and other providers to improve the coordination, quality and efficiency of certain healthcare services through
bundled payment models. Further, the new law imposed a significant annual fee on companies that manufacture or import branded prescription
drug products. Substantial new provisions affecting compliance were enacted, which may affect our business practices with health
care practitioners. The goal of the Health Care Reform Law is to reduce the cost of health care and substantially change the way
health care is financed by both governmental and private insurers. While we cannot predict what impact on federal reimbursement
policies this legislation will have in general or on our business specifically, the Health Care Reform Law may result in downward
pressure on pharmaceutical reimbursement, which could negatively affect market acceptance of, and the price we may charge for,
any products we develop that receive regulatory approval. We also cannot predict the impact of the Health Care Reform Law on our
business or financial condition as many of the Health Care Reform Law reforms require the promulgation of detailed regulations
implementing the statutory provisions, which has not yet occurred.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Moreover, other legislative changes have also been proposed
and adopted in the United States since the Health Care Reform Law was enacted. On August 2, 2011, the Budget Control Act of 2011,
among other things, created measures for spending reductions by Congress. A Joint Select Committee on Deficit Reduction, tasked
with recommending a targeted deficit reduction of at least $1.2 trillion for the years 2013 through 2021, was unable to reach required
goals, thereby triggering the legislation&rsquo;s automatic reduction to several government programs. This includes aggregate reductions
to Medicare payments to providers of 2% per fiscal year, which went into effect on April 1, 2013. On January 2, 2013, President
Obama signed into law the American Taxpayer Relief Act of 2012, or the ATRA, which, among other things, further reduced Medicare
payments to several providers, including hospitals, imaging centers and cancer treatment centers, and increased the statute of
limitations period for the government to recover overpayments to providers from three to five years. These new laws may result
in additional reductions in Medicare and other health care funding, which could have a material adverse effect on our customers
and accordingly, our financial operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The delivery of healthcare in the European Union, including
the establishment and operation of health services and the pricing and reimbursement of medicines, is almost exclusively a matter
for national, rather than EU, law and policy. National governments and health service providers have different priorities and approaches
to the delivery of health care and the pricing and reimbursement of products in that context. In general, however, the healthcare
budgetary constraints in most EU member states have resulted in restrictions on the pricing and reimbursement of medicines by relevant
health service providers. Coupled with ever-increasing EU and national regulatory burdens on those wishing to develop and market
products, this could prevent or delay marketing approval of our product candidates, restrict or regulate post-approval activities
and affect our ability to commercialize any products for which we obtain marketing approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">If any product liability lawsuits are
successfully brought against us or any of our collaborators, we may incur substantial liabilities and may be required to limit
commercialization of our product candidates.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We face an inherent risk of product liability lawsuits related
to the testing of our product candidates in seriously ill patients, and will face an even greater risk if product candidates are
approved by regulatory authorities and introduced commercially. Despite mandatory product liability insurances in the countries
in which we are conducting our clinical trials, we cannot exclude that any claims will be brought against us or our collaborators
although product liability claims by participants enrolled in our clinical trials will be usually covered by our insurances. If
we cannot successfully defend ourselves against any such claims, we may incur substantial liabilities. Regardless of their merit
or eventual outcome, liability claims may result in:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>decreased demand for our future approved products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>injury to our reputation;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>withdrawal of clinical trial participants;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>termination of clinical trial sites or entire trial programs;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>increased regulatory scrutiny;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>significant litigation costs;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>substantial monetary awards to or costly settlement with patients or other claimants;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>product recalls or a change in the indications for which they may be used;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>loss of revenue;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>diversion of management and scientific resources from our business operations; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the inability to commercialize our product candidates.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If any of our product candidates are approved for commercial
sale, we will be highly dependent upon consumer perceptions of us and the safety and quality of our products. We could be adversely
affected if we are subject to negative publicity. We could also be adversely affected if any of our products or any similar products
distributed by other companies prove to be, or are asserted to be, harmful to patients. Because of our dependence upon consumer
perceptions, any adverse publicity associated with illness or other adverse effects resulting from patients&rsquo; use or misuse
of our products or any similar products distributed by other companies could have a material adverse impact on our financial condition
or results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We currently hold &euro;10 million in business liability insurance
coverage per year in the aggregate, with a per incident limit of &euro;5 million except for environmental liability risks, for
which the per incident limit is &euro;3 million. We also hold &euro;5 million in clinical trial insurance for the AFM11 phase 1
clinical trial with a per incident limit of &euro;0.5 million. Our current insurance coverage and any additional coverage for further
clinical trials may not be adequate to cover all liabilities that we may incur. We may need to increase and expand our insurance
coverage when we begin the commercialization of our product candidates. Insurance coverage is becoming increasingly expensive.
As a result, we may be unable to maintain or obtain sufficient insurance at a reasonable cost to protect us against losses that
could have a material adverse effect on our business. A successful product liability claim or series of claims brought against
us, particularly if judgments exceed any insurance coverage we may have, could decrease our cash resources and adversely affect
our business, financial condition and results of operation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our business may become subject to economic,
political, regulatory and other risks associated with international operations.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our business is subject to risks associated with conducting
business internationally. A number of our suppliers and collaborative and clinical trial relationships are located outside the
United States. Accordingly, our future results could be harmed by a variety of factors, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>economic weakness, including inflation, or political instability in particular non-U.S. economies and markets;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>differing regulatory requirements for drug approvals in non-U.S. countries;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>potentially reduced protection for intellectual property rights;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>difficulties in compliance with non-U.S. laws and regulations;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>changes in non-U.S. regulations and customs, tariffs and trade barriers;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>changes in non-U.S. currency exchange rates and currency controls;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>changes in a specific country&rsquo;s or region&rsquo;s political or economic environment;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>trade protection measures, import or export licensing requirements or other restrictive actions by U.S. or non-U.S. governments;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>negative consequences from changes in tax laws;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>compliance with tax, employment, immigration and labor laws for employees living or traveling abroad;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>workforce uncertainty in countries where labor unrest is more common than in the United States;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>difficulties associated with staffing and managing international operations, including differing labor relations;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>production shortages resulting from any events affecting raw material supply or manufacturing capabilities abroad; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>business interruptions resulting from geo-political actions, including war and terrorism, or natural disasters including earthquakes,
typhoons, floods and fires.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Exchange rate fluctuations or abandonment
of the euro currency may materially affect our results of operations and financial condition.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Potential future revenue may be derived from abroad, particularly
from the United States. As a result, our business and share price may be affected by fluctuations in foreign exchange rates between
the euro and these other currencies, which may also have a significant impact on our reported results of operations and cash flows
from period to period. We have converted into euros only the portion of the IPO proceeds and the proceeds from our follow-on offering
in May and the private placement in October 2015 that will be spent in euros according to our budget. If the euro/US$ ratio changes,
we may be subject to foreign exchange-rate risk. Currently, we do not have any other exchange rate hedging measures in place. In
addition, the possible abandonment of the euro by one or more members of the European Union could materially affect our business
in the future. Despite measures taken by the European Union to provide funding to certain EU member states in financial difficulties
and by a number of European countries to stabilize their economies and reduce their debt burdens, it is possible that the euro
could be abandoned in the future as a currency by countries that have adopted its use. This could lead to the re-introduction of
individual currencies in one or more EU member states, or in more extreme circumstances, the dissolution of the European Union.
The effects on our business of a potential dissolution of the European Union, the exit of one or more EU member states from the
European Union or the abandonment of the euro as a currency, are impossible to predict with certainty, and any such events could
have a material adverse effect on our business, financial condition and results of operations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Related to Our Financial Position and Need for Additional
Capital</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We have incurred significant losses since
inception and anticipate that we will continue to incur losses for the foreseeable future. We have no products approved for commercial
sale, and to date we have not generated any revenue or profit from product sales. We may never achieve or sustain profitability.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a clinical-stage biopharmaceutical company with a limited
operating history. We have incurred significant losses since our inception. As of December 31, 2015, our accumulated deficit was
&euro;120.2 million. Our losses have resulted principally from expenses incurred in research and development of our product candidates
and from general and administrative expenses that we have incurred while building our business infrastructure. We expect to continue
to incur losses for the foreseeable future, and we expect these losses to increase as we continue our research and development
of, and seek regulatory approvals for, our product candidates, prepare for and begin to commercialize any approved products, and
add infrastructure and personnel to support our product development efforts and operations as a public company. The net losses
and negative cash flows incurred to date, together with expected future losses, have had, and likely will continue to have, an
adverse effect on our shareholders&rsquo; equity and working capital. The amount of future net losses will depend, in part, on
the rate of future growth of our expenses and our ability to generate revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Because of the numerous risks and uncertainties associated with
pharmaceutical product development, we are unable to accurately predict the timing or amount of increased expenses or when, or
if, we will be able to achieve profitability. For example, our expenses could increase if we are required by the FDA or the EMA
to perform trials in addition to those that we currently expect to perform, or if there are any delays in completing our currently
planned clinical trials or in the development of any of our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To become and remain profitable, we must succeed in developing
and commercializing products with significant market potential. This will require us to be successful in a range of challenging
activities for which we are only in the preliminary stages, including developing product candidates, obtaining regulatory approval
for them, and manufacturing, marketing and selling those products for which we may obtain regulatory approval. We may never succeed
in these activities and may never generate revenue from product sales that is significant enough to achieve profitability. Our
ability to generate future revenue from product sales depends heavily on our success in many areas, including but not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>completing research and clinical development of our product candidates, including successfully completing registration clinical
trials of AFM13 or AFM11;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>obtaining marketing approvals for our product candidates, including AFM13 or AFM11, for which we complete clinical trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>developing a sustainable and scalable manufacturing process for any approved product candidates and maintaining supply and
manufacturing relationships with third parties that can conduct the process and provide adequate (in amount and quality) products
to support clinical development and the market demand for our product candidates, if approved;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>launching and commercializing product candidates for which we obtain marketing approval, either directly or with a collaborator
or distributor;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>establishing sales, marketing, and distribution capabilities in the United States;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>obtaining market acceptance of our product candidates as viable treatment options;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>addressing any competing technological and market developments;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>identifying, assessing, acquiring and/or developing new product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>negotiating favorable terms in any collaboration, licensing, or other arrangements into which we may enter;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>maintaining, protecting, and expanding our portfolio of intellectual property rights, including patents, trade secrets, and
know-how; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>attracting, hiring and retaining qualified personnel.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Even if one or more of the product candidates that we develop
is approved for commercial sale, we anticipate incurring significant costs associated with commercializing any approved product
candidate. Because of the numerous risks and uncertainties with pharmaceutical product development, we are unable to accurately
predict the timing or amount of increased expenses or when, or if, we will be able to achieve profitability. Even if we achieve
profitability in the future, we may not be able to sustain profitability in subsequent periods. Our failure to become or remain
profitable would depress our market value and could impair our ability to raise capital, expand our business, develop other product
candidates, or continue our operations. A decline in the value of our company could also cause you to lose all or part of your
investment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We will require substantial additional
funding, which may not be available to us on acceptable terms, or at all, and, if not available, may require us to delay, scale
back, or cease our product development programs or operations.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are advancing our product candidates through clinical development.
Developing pharmaceutical products, including conducting preclinical studies and clinical trials, is expensive. In order to obtain
such regulatory approval, we will be required to conduct clinical trials for each indication for each of our product candidates.
We will require additional funding to complete the development and commercialization of our product candidates and to continue
to advance the development of our other product candidates, and such funding may not be available on acceptable terms or at all.
Although it is difficult to predict our liquidity requirements, based upon our current operating plan, we anticipate that our existing
cash and cash equivalents and additional budgeted revenues will enable us to fund the clinical development of AFM13 and AFM11 and
a pre-clinical development of AFM21/AFM 22 and AFM 24 until the first quarter of 2018, assuming all of our programs advance as
currently contemplated. Because successful development of our product candidates is uncertain, we are unable to estimate the actual
funds we will require to complete research and development and to commercialize our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our future funding requirements will depend on many factors,
including but not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the number and characteristics of other product candidates that we pursue;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the scope, progress, timing, cost and results of research, preclinical development, and clinical trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the costs, timing and outcome of seeking and obtaining FDA and non-U.S. regulatory approvals;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the costs associated with manufacturing our product candidates and establishing sales, marketing, and distribution capabilities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our ability to maintain, expand, and defend the scope of our intellectual property portfolio, including the amount and timing
of any payments we may be required to make in connection with the licensing, filing, defense and enforcement of any patents or
other intellectual property rights;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the extent to which we acquire or in-license other products or technologies;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our need and ability to hire additional management, scientific, and medical personnel;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the effect of competing products that may limit market penetration of our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the amount and timing of revenues, if any, we receive from commercial sales of any product candidates for which we receive
marketing approval in the future;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>our need to implement additional internal systems and infrastructure, including financial and reporting systems; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the economic and other terms, timing of and success of our existing collaborations, and any collaboration, licensing, or other
arrangements into which we may enter in the future, including the timing of achievement of milestones and receipt of any milestone
or royalty payments under these agreements.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Until we can generate a sufficient amount of product revenue
to finance our cash requirements, which we may never do, we expect to finance future cash needs primarily through a combination
of public or private equity offerings, debt financings, strategic collaborations, and grant funding. If sufficient funds on acceptable
terms are not available when needed, or at all, we could be forced to significantly reduce operating expenses and delay, scale
back or eliminate one or more of our development programs or our business operations or even go bankrupt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Raising additional capital may cause
dilution to our shareholders, restrict our operations or require us to relinquish substantial rights.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Until such time, if ever, as we can generate substantial product
revenue, we expect to finance our cash needs through a combination of equity offerings, debt financings, grants and license and
development agreements in connection with any collaborations. We do not have any committed external source of funds. To the extent
that we raise additional capital through the sale of equity or convertible debt securities, your ownership interest will be diluted,
and the terms of these new securities may include liquidation or other preferences that adversely affect your rights as a holder
of our common shares. Debt financing, if available at all, may involve agreements that include covenants limiting or restricting
our ability to take specific actions such as incurring additional debt, making capital expenditures, or declaring dividends. If
we raise additional funds through collaborations, strategic alliances, or licensing arrangements with third parties, we may have
to relinquish valuable rights to our technologies, product candidates, or future revenue streams, or grant licenses on terms that
are not favorable to us. We cannot assure you that we will be able to obtain additional funding if and when necessary. If we are
unable to obtain adequate financing on a timely basis, we could be required to delay, scale back or eliminate one or more of our
development programs or grant rights to develop and market product candidates that we would otherwise prefer to develop and market
ourselves.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We have broad discretion in the use of
our cash on hand and may not use it effectively.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of December 31, 2015, we had &euro;76.7 million in cash and
cash equivalents. Our management will have broad discretion in the use of such cash and cash equivalents and could spend it in
ways that do not improve our results of operations or enhance the value of our common shares. The failure by our management to
apply these funds effectively could result in financial losses that could have a material adverse effect on our business, cause
the price of our common shares to decline and delay the development of our product candidates. Pending their use, we may invest
our cash and cash equivalents in a manner that does not produce income or that loses value.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our ability to use our net operating
loss carry forwards and other tax attributes may be limited.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our ability to utilize our net operating losses, or NOLs, is
currently limited, and may be limited further, under Section 8c of the <I>K&ouml;rperschaftsteuergesetz</I> (the German Corporation
Income Tax Act) and Section 10c of the <I>Gewerbesteuergesetz</I> (the German Trade Tax Act). These limitations apply if a qualified
ownership change, as defined by Section 8c of the <I>K&ouml;rperschaftsteuergesetz</I>, occurs and no exemption is applicable.
Generally, a qualified ownership change occurs if more than 25% of the share capital or the voting rights are directly or indirectly
transferred to a shareholder or a group of shareholders within a period of five years. A qualified ownership change may also occur
in case of an increase in capital leading to a respective change in the shareholding. In the case of such a qualified ownership
change tax loss carry forwards, consisting of the NOLs in the same percentage as the ownership change, cannot be utilized. If the
percentage of the ownership change exceeds 50%, tax loss carry forwards expire in full. To the extent that the tax loss carry forwards
do not exceed hidden reserves taxable in Germany, they may be further utilized despite a qualified ownership change.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of December 31, 2015, we had NOL carry forwards for German
tax purposes of &euro;89 million. Future changes in share ownership may also trigger an ownership change and, consequently, a Section
8c K&ouml;rperschaftsteuergesetz or a Section 10c Gewerbesteuergesetz limitation. Any limitation may result in the expiration of
a portion or the complete tax operating loss carry forwards before they can be utilized. As a result, if we earn net taxable income,
our ability to use our pre-change NOL carry forwards to reduce German income tax may be subject to limitations, which could potentially
result in increased future cash tax liability to us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Related to Our Dependence on Third Parties</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our existing collaborations on research
and development candidates are important to our business, and future collaborations may also be important to us. If we are unable
to maintain any of these collaborations, if these</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">collaborations are not successful or
if we fail to enter into new strategic relationships, our business could be adversely affected.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have entered into collaborations with other companies that
we believe have provided us with valuable funding, including our collaboration through Amphivena and our collaborations with The
Leukemia &amp; Lymphoma Society and Merck. In the future, we may enter into additional collaborations to leverage our technology
platforms, fund our research and development programs or to gain access to sales, marketing or distribution capabilities. Our existing
collaborations, and any future collaborations we enter into, may pose a number of risks, including the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators may have significant discretion in determining the efforts and resources that they will apply to these collaborations;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators may not perform their obligations as expected;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators may not pursue development and commercialization of any product candidates that achieve regulatory approval or
may elect not to continue or renew development or commercialization programs based on clinical trial results, changes in the collaborators&rsquo;
strategic focus or available funding, or external factors, such as an acquisition, that divert resources or create competing priorities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators may delay clinical trials, provide insufficient funding for a clinical trial program, stop a clinical trial or
abandon a product candidate, repeat or conduct new clinical trials or require a new formulation of a product candidate for clinical
testing;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators could independently develop, or develop with third parties, products that compete directly or indirectly with
our products or product candidates if the collaborators believe that competitive products are more likely to be successfully developed
or can be commercialized under terms that are more economically attractive than ours;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>product candidates discovered in collaboration with us may be viewed by our collaborators as competitive with their own product
candidates or products, which may cause collaborators to cease to devote resources to the commercialization of our product candidates;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>a collaborator with marketing and distribution rights to one or more of our product candidates that achieve regulatory approval
may not commit sufficient resources to the marketing and distribution of such product or products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>disagreements with collaborators, including disagreements over proprietary rights, contract interpretation or the preferred
course of development, might cause delays or termination of the research, development or commercialization of product candidates,
might lead to additional responsibilities for us with respect to product candidates, or might result in litigation or arbitration,
any of which would be time-consuming and expensive;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators may not properly maintain or defend our intellectual property rights or may use our proprietary information in
such a way as to invite litigation that could jeopardize or invalidate our intellectual property or proprietary information or
expose us to potential litigation;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborators may infringe the intellectual property rights of third parties, which may expose us to litigation and potential
liability; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>collaborations may be terminated for the convenience of the collaborator and, if terminated, we could be required to raise
additional capital to pursue further development or commercialization of the applicable product candidates.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If our collaborations on research and development candidates
do not result in the successful development and commercialization of products or if one of our collaborators terminates its agreement
with us, we may not receive any future research funding or milestone or royalty payments under the collaboration. If we do not
receive the funding we expect under these agreements, our development of our technology platforms and product candidates could
be delayed and we may need additional resources to develop product candidates and our technology platforms. All of the risks relating
to product development, regulatory approval and commercialization described in this Annual</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Report also apply to the activities of our program collaborators.
Furthermore, Amphivena has entered into a warrant agreement with Janssen Biotech Inc. that gives Janssen the option to acquire
Amphivena following IND acceptance by the FDA, upon predetermined terms, in exchange for payments under the warrant. If (1) Janssen
does not exercise its option to purchase Amphivena or terminates the warrant early, (2) no other pharmaceutical company licenses
the project for clinical development or (3) insufficient financing is obtained to finance the clinical development of Amphivena&rsquo;s
product candidate, such facts could be viewed as having negative implications for our business and prospects. Additionally, if
Amphivena does not have enough funding to pay the license and development fees due to us under the license and development agreement,
there is a risk that funding will not be available to continue the development of the program. If such lack of funding exists,
we may never reach IND acceptance. However if Amphivena is able to show promising data for its program, we may decide to provide
financing for the program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Additionally, subject to its contractual obligations to us,
if one of our collaborators is involved in a business combination, the collaborator might deemphasize or terminate the development
or commercialization of any product candidate licensed to it by us. If one of our collaborators terminates its agreement with us,
we may find it more difficult to attract new collaborators.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For some of our product candidates, we may in the future determine
to collaborate with additional pharmaceutical and biotechnology companies for development and potential commercialization of therapeutic
products. We face significant competition in seeking appropriate collaborators. Our ability to reach a definitive agreement for
a collaboration will depend, among other things, upon our assessment of the collaborator&rsquo;s resources and expertise, the terms
and conditions of the proposed collaboration and the proposed collaborator&rsquo;s evaluation of a number of factors. These factors
may include the design or results of clinical trials, the likelihood of approval by the FDA, the European Commission or similar
regulatory authorities outside the United States, the potential market for the subject product candidate, the costs and complexities
of manufacturing and delivering such product candidate to patients, the potential of competing products, the existence of uncertainty
with respect to our ownership of technology, which can exist if there is a challenge to such ownership without regard to the merits
of the challenge and industry and market conditions generally. The collaborator may also consider alternative product candidates
or technologies for similar indications that may be available to collaborate on and whether such a collaboration could be more
attractive than the one with us for our product candidate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Collaborations are complex and time-consuming to negotiate and
document. In addition, there have been a significant number of recent business combinations among large pharmaceutical companies
that have resulted in a reduced number of potential future collaborators. If we are unable to reach agreements with suitable collaborators
on a timely basis, on acceptable terms, or at all, we may have to curtail the development of a product candidate, reduce or delay
one or more of our other development programs, delay its potential commercialization or reduce the scope of any sales or marketing
activities, or increase our expenditures and undertake development or commercialization activities at our own expense. If we elect
to fund and undertake development or commercialization activities on our own, we may need to obtain additional expertise and additional
capital, which may not be available to us on acceptable terms or at all. If we fail to enter into collaborations and do not have
sufficient funds or expertise to undertake the necessary development and commercialization activities, we may not be able to further
develop our product candidates or bring them to market or continue to develop our technology platforms and our business may be
materially and adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We may also be restricted under existing collaboration agreements
from entering into future agreements on certain terms with potential collaborators. Subject to certain specified exceptions, our
collaboration with Amphivena contains restrictions on our engaging in activities that are the subject of the collaboration with
third parties for specified periods of time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Independent clinical investigators and
CROs that we engage to conduct our clinical trials may not devote sufficient time or attention to our clinical trials or be able
to repeat their past success.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect to continue to depend on independent clinical investigators
and CROs to conduct our clinical trials. CROs may also assist us in the collection and analysis of data. There is a limited number
of third-party service providers that specialize or have the expertise required to achieve our business objectives. Identifying,
qualifying and managing performance of third-party service providers can be difficult, time consuming and cause delays in our development
programs. These investigators and CROs will not be our employees and we will not be able to control, other than by contract, the
amount of resources, including time, which they devote to our product candidates and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">clinical trials. In addition, certain clinical trials in which
we are involved and which are testing our product candidates are sponsored by academic sites, known as Investigator Sponsored Trials,
or ISTs. By definition, the financing, design, and conduct of the study is under the sole responsibility of the respective sponsor.
Therefore, we have limited control over these studies and we do not have control over the timing and reporting of the data from
these trials. The following studies are ISTs: AFM 13 phase 2a in HL and AFM 13 phase 1b/2a in CD30+ lymphoma. If independent investigators
or CROs fail to devote sufficient resources to the development of our product candidates, or if their performance is substandard,
it may delay or compromise the prospects for approval and commercialization of any product candidates that we develop. In addition,
the use of third-party service providers requires us to disclose our proprietary information to these parties, which could increase
the risk that this information will be misappropriated. Further, the FDA and other regulatory authorities require that we comply
with standards, commonly referred to as current Good Clinical Practice, or cGCP, and other local legal requirements, e.g. data
privacy, for conducting, recording and reporting clinical trials to assure that data and reported results are credible and accurate
and that the rights, integrity and confidentiality of trial subjects are protected. Failure of clinical investigators or CROs to
meet their obligations to us or comply with cGCP procedures or other applicable legal requirements could adversely affect the clinical
development of our product candidates and harm our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We contract with third parties for the
manufacture of our product candidates for clinical testing and expect to continue to do so for commercialization. We also contract
with third parties for the manufacture and supply of compounds we are investigating in clinical trials in combination with our
products. This reliance on third parties increases the risk that we will not have sufficient quantities of our product candidates
or products, or compounds of such third parties, or such quantities at an acceptable cost, which could delay, prevent or impair
our development or commercialization efforts.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We anticipate continuing our engagement of contract manufacturing
organizations to provide our clinical supply and internal capacity as we advance our product candidates into and through clinical
development. We expect to use third parties for the manufacture of our product candidates for clinical testing, as well as for
commercial manufacture. We plan eventually to enter into long-term supply agreements with several manufacturers for commercial
supplies. We may be unable to reach agreement on satisfactory terms with contract manufacturers to manufacture our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Additionally, the facilities to manufacture our product candidates
must be the subject of a satisfactory inspection before the FDA, the EMA or other regulatory authorities approve a BLA or grant
a marketing authorization for the product candidate manufactured at that facility. We will depend on these third-party manufacturing
partners for compliance with the FDA&rsquo;s and the EMA&rsquo;s requirements for the manufacture of our finished products. If
our manufacturers cannot successfully manufacture material that conforms to our specifications and the FDA, European Commission
and other regulatory authorities&rsquo; cGMP requirements, our product candidates will not be approved or, if already approved,
may be subject to recalls.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Reliance on third-party manufacturers entails risks to which
we would not be subject if we manufactured the product candidates ourselves, including:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the possibility of a breach of the manufacturing agreements by the third parties because of factors beyond our control;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the possibility of termination or nonrenewal of the agreements by the third parties before we are able to arrange for a qualified
replacement third-party manufacturer; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the possibility that we may not be able to secure a manufacturer or manufacturing capacity in a timely manner and on satisfactory
terms in order to meet our manufacturing needs.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Any of these factors could cause the delay of approval or commercialization
of our product candidates, cause us to incur higher costs or prevent us from commercializing our product candidates successfully.
Furthermore, if any of our product candidates are approved and contract manufacturers fail to deliver the required commercial quantities
of finished product on a timely basis and at commercially reasonable prices, and we are unable to find one or more replacement
manufacturers capable of production at a substantially equivalent cost, in substantially equivalent volumes and quality and on
a timely basis, we would likely be unable to meet demand for our products and could lose potential revenue. It may take several
years to establish an alternative source of supply for our product</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">candidates and to have any such new source approved by the FDA,
the EMA or any other relevant regulatory authorities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For our planned clinical development of AFM13 in
combination with the anti PD-1 CPI KEYTRUDA<SUP>&reg;</SUP> (pembrolizumab) we entered into an agreement with Merck pursuant
to which Merck will provide us with pembrolizumab to conduct a phase 1b clinical combination trial in relapsed/refractory HL.
We are dependent on Merck for this supply. In addition, if we wish to pursue further development of AFM13 in combination with
pembrolizumab or any other CPI, we will need to reach an agreement with Merck or another manufacturer for such supply of
pembrolizumab or another CPI, respectively. If we do not have an adequate supply and/or cannot reach an agreement with the
applicable manufacturer, we may not be able to develop AFM13 in such a combination. Any future supply agreement with a
manufacturer for combination trials with AFM13 could influence on our clinical development strategy or our intellectual
property or our economic rights, and therefore might impact the content we can derive from such  clinical development.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Related to Our Intellectual Property</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">If we are unable to obtain and enforce
patent protection for our product candidates and related technology, our business could be materially harmed.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Issued patents may be challenged, narrowed, invalidated or circumvented.
In addition, court decisions may introduce uncertainty in the enforceability or scope of patents owned by biotechnology companies.
The legal systems of certain countries do not favor the aggressive enforcement of patents, and the laws of non-U.S. countries may
not allow us to protect our inventions with patents to the same extent as the laws of the United States and Europe. Because patent
applications in the United States, Europe and many other non-U.S. jurisdictions are typically not published until 18 months after
filing, or in some cases not at all, and because publications of discoveries in scientific literature lag behind actual discoveries,
we cannot be certain that we were the first to make the inventions claimed in our issued patents or pending patent applications,
or that we were the first to file for protection of the inventions set forth in our patents or patent applications. As a result,
we may not be able to obtain or maintain protection for certain inventions. Therefore, the enforceability and scope of our patents
in the United States, Europe and in other non-U.S. countries cannot be predicted with certainty and, as a result, any patents that
we own or license may not provide sufficient protection against competitors. We may not be able to obtain or maintain patent protection
from our pending patent applications, from those we may file in the future, or from those we may license from third parties. Moreover,
even if we are able to obtain patent protection, such patent protection may be of insufficient scope to achieve our business objectives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We own and/or control our AFM13 patent portfolio, which includes
three patent families. Our first patent family is issued and relates to the engineered antibody format, which is called TandAb,
and the methods of making or using such bispecific, tetravalent domain antibodies. This patent family will expire in 2019. The
second patent family on AFM13 consists of European patents relating to the use of the specific target combination for the treatment
of cancer using a bispecific molecule and will expire in 2020. Our third patent family relates to the mode of action of AFM13,
the recruitment of immune effector cells via a specific receptor. This patent will expire in 2026. We also own and/or control our
AFM11 patent portfolio, which includes issued patents and pending patent applications. As in the case of AFM13, our issued patent
relates to the engineered antibody format and will expire in 2019. The pending patent application family claims a new TandAb structure
which was specifically used in AFM11. If issued, this patent will expire in 2030.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our strategy depends on our ability to identify and seek patent
protection for our discoveries. This process is expensive and time consuming, and we may not be able to file and prosecute all
necessary or desirable patent applications at a reasonable cost or in a timely manner or in all jurisdictions where protection
may be commercially advantageous, or we may financially not be able to protect our proprietary rights at all. Despite our efforts
to protect our proprietary rights, unauthorized parties may be able to obtain and use information that we regard as proprietary.
The issuance of a patent does not ensure that it is valid or enforceable, so even if we obtain patents, they may not be valid or
enforceable against third parties. In addition, the issuance of a patent does not give us the right to practice the patented invention.
Third parties may have blocking patents that could prevent us from marketing our own patented product and practicing our own patented
technology. Third parties may also seek to market biosimilar versions of any approved products. Alternatively, third parties may
seek approval to market their own products similar to or otherwise competitive with our products. In these circumstances, we may
need to defend and/or assert our patents, including by filing lawsuits alleging patent infringement. In any of these types of proceedings,
a court or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">agency with jurisdiction may find our patents invalid and/or
unenforceable. Even if we have valid and enforceable patents, these patents still may not provide protection against competing
products or processes sufficient to achieve our business objectives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The patent position of pharmaceutical or biotechnology companies,
including ours, is generally uncertain and involves complex legal and factual considerations for which legal principles remain
unsolved. The standards which the United States Patent and Trademark Office, or USPTO, and its non-U.S. counterparts use to grant
patents are not always applied predictably or uniformly and can change. There is also no uniform, worldwide policy regarding the
subject matter and scope of claims granted or allowable in pharmaceutical or biotechnology patents. The laws of some non-U.S. countries
do not protect proprietary information to the same extent as the laws of the United States, and many companies have encountered
significant problems and costs in protecting their proprietary information in these non-U.S. countries. Outside the United States,
patent protection must be sought in individual jurisdictions, further adding to the cost and uncertainty of obtaining adequate
patent protection outside of the United States. Accordingly, we cannot predict whether additional patents protecting our technology
will issue in the United States or in non-U.S. jurisdictions, or whether any patents that do issue will have claims of adequate
scope to provide competitive advantage. Moreover, we cannot predict whether third parties will be able to successfully obtain claims
or the breadth of such claims. The allowance of broader claims may increase the incidence and cost of patent interference proceedings,
opposition proceedings, and/or reexamination proceedings, the risk of infringement litigation, and the vulnerability of the claims
to challenge. On the other hand, the allowance of narrower claims does not eliminate the potential for adversarial proceedings,
and may fail to provide a competitive advantage. Our issued patents may not contain claims sufficiently broad to protect us against
third parties with similar technologies or products, or provide us with any competitive advantage.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may become involved in lawsuits to
protect or enforce our patents, which could be expensive, time consuming and unsuccessful.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Even after they have issued, our patents and any patents which
we license may be challenged, narrowed, invalidated or circumvented. If our patents are invalidated or otherwise limited or will
expire prior to the commercialization of our product candidates, other companies may be better able to develop products that compete
with ours, which could adversely affect our competitive business position, business prospects and financial condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following are examples of litigation and other adversarial
proceedings or disputes that we could become a party to involving our patents or patents licensed to us:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we or our collaborators may initiate litigation or other proceedings against third parties to enforce our patent rights;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>third parties may initiate litigation or other proceedings seeking to invalidate patents owned by or licensed to us or to obtain
a declaratory judgment that their product or technology does not infringe our patents or patents licensed to us;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>third parties may initiate opposition or reexamination proceedings challenging the validity or scope of our patent rights,
requiring us or our collaborators and/or licensors to participate in such proceedings to defend the validity and scope of our patents;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>there may be a challenge or dispute regarding inventorship or ownership of patents currently identified as being owned by or
licensed to us;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the U.S. Patent and Trademark Office may initiate an interference between patents or patent applications owned by or licensed
to us and those of our competitors, requiring us or our collaborators and/or licensors to participate in an interference proceeding
to determine the priority of invention, which could jeopardize our patent rights; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>third parties may seek approval to market biosimilar versions of our future approved products prior to expiration of relevant
patents owned by or licensed to us, requiring us to defend our patents, including by filing lawsuits alleging patent infringement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">These lawsuits and proceedings would be costly and could affect
our results of operations and divert the attention of our managerial and scientific personnel. There is a risk that a court or
administrative body would decide that our</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">patents are invalid or not infringed by a third party&rsquo;s
activities, or that the scope of certain issued claims must be further limited. An adverse outcome in a litigation or proceeding
involving our own patents could limit our ability to assert our patents against these or other competitors, affect our ability
to receive royalties or other licensing consideration from our licensees, and may curtail or preclude our ability to exclude third
parties from making, using and selling similar or competitive products. Any of these occurrences could adversely affect our competitive
business position, business prospects and financial condition.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The degree of future protection for our proprietary rights is
uncertain because legal means afford only limited protection and may not adequately protect our rights or permit us to gain or
keep our competitive advantage. For example:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>others may be able to develop a platform that is similar to, or better than, ours in a way that is not covered by the claims
of our patents;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>others may be able to make compounds that are similar to our product candidates but that are not covered by the claims of our
patents;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we might not have been the first to make the inventions covered by patents or pending patent applications;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we might not have been the first to file patent applications for these inventions;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>any patents that we obtain may not provide us with any competitive advantages or may ultimately be found invalid or unenforceable;
or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we may not develop additional proprietary technologies that are patentable.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our commercial success depends significantly
on our ability to operate without infringing the patents and other proprietary rights of third parties.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our success will depend in part on our ability to operate without
infringing the proprietary rights of third parties. Other entities may have or obtain patents or proprietary rights that could
limit our ability to make, use, sell, offer for sale or import our future approved products or impair our competitive position.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Patents could be issued to third parties that we may ultimately
be found to infringe. Third parties may have or obtain valid and enforceable patents or proprietary rights that could block us
from developing product candidates using our technology. Our failure to obtain a license to any technology that we require may
materially harm our business, financial condition and results of operations. Moreover, our failure to maintain a license to any
technology that we require may also materially harm our business, financial condition, and results of operations. Furthermore,
we would be exposed to a threat of litigation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the pharmaceutical industry, significant litigation and other
proceedings regarding patents, patent applications, trademarks and other intellectual property rights have become commonplace.
The types of situations in which we may become a party to such litigation or proceedings include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>we or our collaborators may initiate litigation or other proceedings against third parties seeking to invalidate the patents
held by those third parties or to obtain a judgment that our products or processes do not infringe those third parties&rsquo; patents;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>if our competitors file patent applications that claim technology also claimed by us or our licensors, we or our licensors
may be required to participate in interference or opposition proceedings to determine the priority of invention, which could jeopardize
our patent rights and potentially provide a third party with a dominant patent position;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>if third parties initiate litigation claiming that our processes or products infringe their patent or other intellectual property
rights, we and our collaborators will need to defend against such proceedings; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>if a license to necessary technology is terminated, the licensor may initiate litigation claiming that our processes or products
infringe or misappropriate their patent or other intellectual property rights and/or that</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">we breached our obligations under
the license agreement, and we and our collaborators would need to defend against such proceedings.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">These lawsuits would be costly and could affect our results
of operations and divert the attention of our management and scientific personnel. There is a risk that a court would decide that
we or our collaborators are infringing the third party&rsquo;s patents and would order us or our collaborators to stop the activities
covered by the patents. In that event, we or our collaborators may not have a viable alternative to the technology protected by
the patent and may need to halt work on the affected product candidate or cease commercialization of an approved product. In addition,
there is a risk that a court will order us or our collaborators to pay the other party damages. An adverse outcome in any litigation
or other proceeding could subject us to significant liabilities to third parties and require us to cease using the technology that
is at issue or to license the technology from third parties. We may not be able to obtain any required licenses on commercially
acceptable terms or at all. Any of these outcomes could have a material adverse effect on our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The pharmaceutical and biotechnology industries have produced
a significant number of patents, and it may not always be clear to industry participants, including us, which patents cover various
types of products or methods of use. The coverage of patents is subject to interpretation by the courts, and the interpretation
is not always uniform or predictable. If we are sued for patent infringement, we would need to demonstrate that our products or
methods either do not infringe the patent claims of the relevant patent or that the patent claims are invalid, and we may not be
able to do this. Proving invalidity is difficult. For example, in the United States, proving invalidity requires a showing of clear
and convincing evidence to overcome the presumption of validity enjoyed by issued patents. Even if we are successful in these proceedings,
we may incur substantial costs and divert management&rsquo;s time and attention in pursuing these proceedings, which could have
a material adverse effect on us. If we are unable to avoid infringing the patent rights of others, we may be required to seek a
license, defend an infringement action or challenge the validity of the patents in court. Patent litigation is costly and time
consuming. We may not have sufficient resources to bring these actions to a successful conclusion. In addition, if we do not obtain
a license, develop or obtain non-infringing technology, fail to defend an infringement action successfully or have infringed patents
declared invalid, we may incur substantial monetary damages, encounter significant delays in bringing our product candidates to
market and be precluded from manufacturing or selling our product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The cost of any patent litigation or other proceeding, even
if resolved in our favor, could be substantial. Some of our competitors may be able to sustain the cost of such litigation and
proceedings more effectively than we can because of their substantially greater resources. Uncertainties resulting from the initiation
and continuation of patent litigation or other proceedings could have a material adverse effect on our ability to compete in the
marketplace. Patent litigation and other proceedings may also absorb significant management time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">If our trademarks and trade names are
not adequately protected, then we may not be able to build name recognition in our markets of interest and our business may be
adversely affected.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our registered or unregistered trademarks or trade names may
be challenged, infringed, circumvented or declared generic or determined to be infringing on other marks. We may not be able to
protect our rights to these trademarks and trade names, which we need to build name recognition by potential partners or customers
in our markets of interest. Over the long term, if we are unable to establish name recognition based on our trademarks and trade
names, then we may not be able to compete effectively and our business may be adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">The patent protection and patent prosecution
for some of our product candidates is dependent on third parties.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">While we normally seek to obtain the right to control prosecution,
maintenance and enforcement of the patents relating to our product candidates, there may be times when the filing and prosecution
activities for patents relating to our product candidates are controlled by our licensors. This is the case under the terms of
our license agreements with DKFZ and Xoma, where DKFZ and Xoma are entirely responsible for the prosecution, protection and maintenance
of the licensed patents and patent applications. Neither DKFZ nor Xoma has any obligation to provide us any information with respect
to such prosecution and we will not have access to any patent prosecution or maintenance information that is not publicly available.
Although we monitor DKFZ&rsquo;s and Xoma&rsquo;s ongoing prosecution and maintenance of the licensed patents, if DKFZ, Xoma or
any of our future licensing partners fail to prosecute, maintain and enforce such patents and patent applications in a manner consistent
with the best interests of our business, including by payment of all applicable fees for patents covering AFM13, AFM11 or any of
our product candidates, we could lose our rights to the intellectual property or our exclusivity with respect to those</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">rights, our ability to develop and commercialize those product
candidates may be adversely affected and we may not be able to prevent competitors from making, using, and selling competing products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our business may be adversely affected
if we are unable to gain access to relevant intellectual property rights of third parties, or if our licensing partners terminate
our rights in certain technologies that are licensed or sublicensed to us.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We currently rely, and may in the future rely, on certain intellectual
property rights licensed from third parties in order to be able to use various proprietary technologies that are material to our
business. For example, our TandAb technology was developed under certain patents licensed exclusively to us by DKFZ under a 2001
license agreement which was subsequently amended in 2006. Additionally, an antibody generated in the development of our TandAb
candidates was developed using antibody phage display technologies licensed to us by Xoma. In each of these cases, the licensor
retains their full ownership interest with respect to the licensed patent rights, and our rights to use the technologies associated
with those patents and to employ the inventions claimed in the licensed patent rights are subject to the continuation of and our
compliance with the terms of those licenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In some cases, we do not control the prosecution, maintenance
or filing of the patents to which we hold licenses, and the enforcement of our licensed patents or defense of any claims asserting
the invalidity of these patents is subject to the control or cooperation of our licensors. For example, DKFZ retains responsibility
for the prosecution and maintenance of its patent rights licensed under the terms of its agreement with us, and Xoma retains the
right, at its sole discretion, to enforce, maintain and otherwise protect its patent rights licensed to us pursuant to our 2006
license agreement with Xoma. We cannot be certain that our licensors will prosecute, maintain, enforce and defend the licensed
patent rights in a manner consistent with the best interests of our business. We also cannot be certain that drafting or prosecution
of the licensed patents by our licensors have been conducted in compliance with applicable laws and regulations and will result
in valid and enforceable patents and other intellectual property rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a party to a number of agreements, including license
agreements, through which we have gained rights to certain intellectual property that relate to our business and we expect to enter
into additional such agreements in the future. Our existing agreements impose, and we expect that future agreements will impose,
various diligence, commercialization, milestone payment, royalty, and other obligations on us. Certain of our licenses, including
each of our licenses with DKFZ and Xoma, contain provisions that allow the licensor to terminate the license upon the occurrence
of specific events or conditions. For example, our rights under each of the licenses described above are subject to our continued
compliance with the terms of the licenses, certain diligence and development obligations, the payment of royalties, milestone payments
and other fees, and certain disclosure and confidentiality obligations. If we are found to be in breach of any of our license agreements,
in certain circumstances our licensors may take action against us, including by terminating the applicable license. Because of
the complexity of our product candidates and the patents we have licensed, determining the scope of the licenses and related obligations
may be difficult and could lead to disputes between us and the licensor. An unfavorable resolution of such a dispute could lead
to an increase in the royalties payable pursuant to the license or a termination of the license. If any of our licensors were to
terminate our license agreement with them, we may be prevented from the continued use of certain technologies, including our rights
to the TandAb, Flexibody and antibody phage display technologies, in clinical trials or, if our products are approved for marketing,
from using such technologies in the manufacturing of products that could be sold commercially. This could delay or prevent us from
offering our product candidates. We might not have the necessary rights or the financial resources to develop, manufacture or market
our current or future product candidates without the rights granted under these licenses, and the loss of sales or potential sales
in such product candidates could have a material adverse effect on our business, financial condition, results of operations and
prospects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under certain of our agreements, our licensors have the right
to convert an exclusive license to a non-exclusive license upon the expiration of the initial exclusivity period or upon the occurrence
of certain events. Such a conversion would potentially allow third parties to practice the technologies licensed under the agreement,
and could materially adversely affect the value of the product candidate we are developing under the agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition to the above risks, certain of our intellectual
property rights are sublicenses under intellectual property owned by third parties. The actions of our licensors may therefore
affect our rights to use our sublicensed intellectual property, even if we are in compliance with all of the obligations under
our license agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may not be successful in obtaining
or maintaining necessary rights to our product candidates through acquisitions and in-licenses.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We currently have rights to the intellectual property, through
licenses from third parties and under patents that we own, to develop our product candidates. Because our programs may require
the use of proprietary rights held by third parties, the growth of our business will likely depend in part on our ability to acquire,
in-license, maintain or use these proprietary rights. In addition, our product candidates may require specific formulations to
work effectively and efficiently and the rights to these formulations may be held by others. We may be unable to acquire or in-license
any compositions, methods of use, processes, or other third-party intellectual property rights from third parties that we identify
as necessary for our product candidates. The licensing and acquisition of third-party intellectual property rights is a competitive
area, and a number of more established companies are also pursuing strategies to license or acquire third-party intellectual property
rights that we may consider attractive. These established companies may have a competitive advantage over us due to their size,
cash resources, and greater clinical development and commercialization capabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For example, we sometimes collaborate with U.S. and non-U.S.
academic institutions to accelerate our preclinical research or development under written agreements with these institutions. Typically,
these institutions provide us with an option to negotiate a license to any of the institution&rsquo;s rights in technology resulting
from the collaboration. Regardless of such option, we may be unable to negotiate a license within the specified timeframe or under
terms that are acceptable to us. If we are unable to do so, the institution may offer the intellectual property rights to other
parties, potentially blocking our ability to pursue our applicable product candidate or program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, companies that perceive us to be a competitor may
be unwilling to assign or license rights to us. We also may be unable to license or acquire third-party intellectual property rights
on terms that would allow us to make an appropriate return on our investment. If we are unable to successfully obtain a license
to third-party intellectual property rights necessary for the development of a product candidate or program, we may have to abandon
development of that product candidate or program and our business and financial condition could suffer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">If we are unable to protect the confidentiality
of our proprietary information, the value of our technology and products could be adversely affected.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition to patent protection, we also rely on other proprietary
rights, including protection of trade secrets, and other proprietary information. To maintain the confidentiality of trade secrets
and proprietary information, we enter into confidentiality agreements with our employees, to the extent a confidentiality obligation
is not covered by their employment agreements, consultants, collaborators and others upon the commencement of their relationships
with us. These agreements require that all confidential information developed by the individual or made known to the individual
by us during the course of the individual&rsquo;s relationship with us be kept confidential and not disclosed to third parties
and the public domain, so that it connot be used for patent protection anymore, either by local law or if not applicable pursuant
to specific agreements with employees and our personnel policies it is intended that any inventions conceived by the individual
in the course of rendering services to us shall be our exclusive property. However, we may not obtain these agreements in all circumstances,
and individuals with whom we have these agreements or may not comply with their terms or with local law. Thus, despite such legal
provisions or agreement, such inventions may become assigned to third parties. In the event of unauthorized use or disclosure of
our trade secrets or proprietary information, these legal provisions or agreements, even if obtained, may not provide meaningful
protection, particularly for our trade secrets or other confidential information. To the extent that our employees, consultants
or contractors use technology or know-how owned by third parties in their work for us, disputes may arise between us and those
third parties as to the rights in related inventions. To the extent that an individual who is not an employee of us and thus not
obligated to assign rights in intellectual property to us is rightfully an inventor of intellectual property, we may need to obtain
an assignment or a license to that intellectual property from that individual, or a third party or from that individual&rsquo;s
assignee. Such assignment or license may not be available on commercially reasonable terms or at all.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Adequate remedies may not exist in the event of unauthorized
use or disclosure of our proprietary information. The disclosure of our trade secrets would impair our competitive position and
may materially harm our business, financial condition and results of operations. Costly and time consuming litigation could be
necessary to enforce and determine the scope of our proprietary rights, and failure to maintain trade secret protection could adversely
affect our competitive business position. In addition, others may independently discover or develop our trade secrets and</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 35 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">proprietary information, and the existence of our own trade
secrets affords no protection against such independent discovery.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As is common in the biotechnology and pharmaceutical industries,
we employ individuals who were previously or concurrently employed at research institutions and/or other biotechnology or pharmaceutical
companies, including our competitors or potential competitors. We may be subject to claims that these employees, or we, have inadvertently
or otherwise used or disclosed trade secrets or other proprietary information of their former employers, or that patents and applications
we have filed to protect inventions of these employees, even those related to one or more of our product candidates, are rightfully
owned by their former or concurrent employer. Litigation may be necessary to defend against these claims. Even if we are successful
in defending against these claims, litigation could result in substantial costs and be a distraction to management.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Obtaining and maintaining our patent
protection depends on compliance with various procedural, documentary, fee payment and other requirements imposed by governmental
patent agencies, and our patent protection could be reduced or eliminated for non-compliance with these requirements.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Periodic maintenance fees, renewal fees, annuity fees and various
other governmental fees on patents and/or applications will be due to the USPTO and various non-U.S. patent offices at various
points over the lifetime of our patents and/or applications. We have systems in place to remind us to pay these fees, and we rely
on our outside counsel to pay these fees when due. Additionally, the USPTO and various non-U.S. patent offices require compliance
with a number of procedural, documentary, fee payment and other similar provisions during the patent application process. We employ
reputable law firms and other professionals to help us comply, and in many cases, an inadvertent lapse can be cured by payment
of a late fee or by other means in accordance with rules applicable to the particular jurisdiction. However, there are situations
in which noncompliance can result in abandonment or lapse of the patent or patent application, resulting in partial or complete
loss of patent rights in the relevant jurisdiction. If such an event were to occur, it could have a material adverse effect on
our business. In addition, we are responsible for the payment of patent fees for patent rights that we have licensed from other
parties. If any licensor of these patents does not itself elect to make these payments, and we fail to do so, we may be liable
to the licensor for any costs and consequences of any resulting loss of patent rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may not be able to protect our intellectual
property rights throughout the world.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Filing, prosecuting, and defending patents on product candidates
in all countries throughout the world would be prohibitively expensive, and our intellectual property rights in some countries
outside the United States can be less extensive than those in the United States and Europe. In addition, the laws of some countries
outside the United States and Europe, such as China, do not protect intellectual property rights to the same extent as federal
and state laws in the United States and laws in Europe. Consequently, we may not be able to prevent third parties from practicing
our inventions in all countries outside the United States and Europe, or from selling or importing products made using our inventions
in and into the United States, Europe or other jurisdictions. As part of ordinary course prosecution and maintenance activities,
we determine whether and in which countries to seek patent protection outside the United States and Europe. This also applies to
patents we have acquired or in-licensed from third parties. In some cases this means that we, or our predecessors in interest or
licensors of patents within our portfolio, have sought patent protection in a limited number of countries for patents covering
our product candidates. Competitors may use our technologies in jurisdictions where we have not obtained or are unable to adequately
enforce patent protection to develop their own products and further, may export otherwise infringing products to territories where
we have patent protection, but enforcement is not as strong as that in the United States and Europe. These products may compete
with our products and our patents or other intellectual property rights may not be effective or sufficient to prevent them from
competing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Many companies have encountered significant problems in protecting
and defending intellectual property rights in jurisdictions outside the United States and Europe. The legal systems of certain
countries, particularly certain developing countries, do not favor the enforcement of patents, trade secrets, and other intellectual
property protection, particularly those relating to biotechnology products, which could make it difficult for us to stop the infringement
of our patents, the reproduction of our manufacturing or other know-how or marketing of competing products in violation of our
proprietary rights generally. Proceedings to enforce our patent rights in jurisdictions outside the United States and Europe, whether
or not successful, could result in substantial costs and divert our efforts and attention from other aspects of our business, could
put our patents at risk of being invalidated or interpreted narrowly and our patent applications at risk of not issuing and could
provoke third parties to assert</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 36 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">claims against us. We may not prevail in any lawsuits that we
initiate and the damages or other remedies awarded, if any, may not be commercially meaningful. Accordingly, our efforts to enforce
our intellectual property rights around the world may be inadequate to obtain a significant commercial advantage from the intellectual
property that we develop or license.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Certain of our employees and patents
are subject to German law.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Approximately 45 of our personnel, including our managing directors
and most of our employees working in research and development, work in Germany and are subject to German employment law. Ideas,
developments, discoveries and inventions made by such employees are subject to the provisions of the German Act on Employees&rsquo;
Inventions (<I>Gesetz &uuml;ber Arbeitnehmererfindungen</I>), which regulates the ownership of, and compensation for, inventions
made by employees. We face the risk that disputes may occur between us and our employees or ex-employees pertaining to the sufficiency
of compensation paid by us, allocation of rights to inventions under this act or alleged non-adherence to the provisions of this
act, any of which may be costly to resolve and take up our management&rsquo;s time and efforts whether we prevail or fail in such
dispute.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">If we do not obtain protection under
the Hatch-Waxman Amendments and similar non-U.S. legislation for extending the term of patents covering each of our product candidates,
our business may be materially harmed.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Depending upon the timing, duration and conditions of FDA marketing
approval of our product candidates, one or more of our U.S. patents may be eligible for limited patent term extension under the
Drug Price Competition and Patent Term Restoration Act of 1984, referred to as the Hatch-Waxman Amendments and similar legislation
in the EU. The Hatch-Waxman Amendments permit a patent term extension of up to five years for a patent covering an approved product
as compensation for effective patent term lost during product development and the FDA regulatory review process. However, we may
not receive an extension if we fail to apply within applicable deadlines, fail to apply prior to expiration of relevant patents
or otherwise fail to satisfy applicable requirements. Moreover, the length of the extension could be less than we request. If we
are unable to obtain patent term extension or the term of any such extension is less than we request, the period during which we
can enforce our patent rights for that product will be shortened and our competitors may obtain approval to market competing products
sooner. As a result, our revenue from applicable products could be reduced, possibly materially.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our information technology systems could
face serious disruptions that could adversely affect our business.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our information technology and other internal infrastructure
systems, including corporate firewalls, servers, leased lines and connection to the Internet, face the risk of systemic failure
that could disrupt our operations. A significant disruption in the availability of our information technology and other internal
infrastructure systems could cause interruptions in our collaborations with our partners and delays in our research and development
work.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Related to Legal Compliance Matters</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Because we and our suppliers are subject
to environmental, health and safety laws and regulations, we may become exposed to liability and substantial expenses in connection
with environmental compliance or remediation activities which may adversely affect our business and financial condition.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our operations, including our research, development, testing
and manufacturing activities, are subject to numerous environmental, health and safety laws and regulations. These laws and regulations
govern, among other things, the controlled use, handling, release and disposal of, and the maintenance of a registry for, hazardous
materials and biological materials, such as chemical solvents, human cells, carcinogenic compounds, mutagenic compounds and compounds
that have a toxic effect on reproduction, laboratory procedures and exposure to blood-borne pathogens. If we fail to comply with
such laws and regulations, we could be subject to fines or other sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As with other companies engaged in activities similar to ours,
we face a risk of environmental liability inherent in our current and historical activities, including liability relating to releases
of or exposure to hazardous or biological materials. Environmental, health and safety laws and regulations are becoming more stringent.
We may be required to incur substantial expenses in connection with future environmental compliance or remediation activities,
in which case, our production and development efforts may be interrupted or delayed and our financial condition and results of
operations may be materially adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 37 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The third parties with whom we contract to manufacture our product
candidates are also subject to these and other environmental, health and safety laws and regulations. Liabilities they incur pursuant
to these laws and regulations could result in significant costs or in certain circumstances, an interruption in operations, any
of which could adversely impact our business and financial condition if we are unable to find an alternate supplier in a timely
manner.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our employees may engage in misconduct
or other improper activities, including noncompliance with regulatory standards and requirements and insider trading.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are exposed to the risk of employee fraud or other misconduct.
Misconduct by employees could include intentional failures to comply with FDA or EMA regulations, to provide accurate information
to the FDA or the EMA or intentional failures to report financial information or data accurately or to disclose unauthorized activities
to us. Employee misconduct could also involve the improper use of information obtained in the course of clinical trials, which
could result in regulatory sanctions and serious harm to our reputation. We have adopted a code of conduct, but it is not always
possible to identify and deter employee misconduct, and the precautions we take to detect and prevent this activity may not be
effective in controlling unknown or unmanaged risks or losses or in protecting us from governmental investigations or other actions
or lawsuits stemming from a failure to comply with these laws or regulations. If any such actions are instituted against us, and
we are not successful in defending ourselves or asserting our rights, those actions could have a significant impact on our business,
including the imposition of significant fines or other sanctions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Relating to Employee Matters and Managing Growth</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our future success depends on our ability
to retain key executives and to attract, retain and motivate qualified personnel.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are highly dependent on the research and development, clinical
and business development expertise of our managing directors and other key employees. We have entered into multi-year executive
agreements with our managing directors. If any of our managing directors or other key employees becomes unavailable to perform
services for us, we may not be able to find a qualified replacement in a timely fashion, which could impede the achievement of
our research, development and commercialization objectives and seriously harm our ability to successfully implement our business
strategy. The contracts with three of the four managing directors run until the end of the general meeting in 2017, the contract
with Dr. Windisch runs until the end of the general meeting in 2019. We do not maintain any key man insurance for our managing
directors at this time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Recruiting and retaining qualified scientific, clinical, manufacturing
and sales and marketing personnel will also be critical to our success. In addition, we will need to expand and effectively manage
our managerial, operational, financial, development and other resources in order to successfully pursue our research, development
and commercialization efforts for our existing and future product candidates. Furthermore, replacing managing directors and key
employees may be difficult and may take an extended period of time because of the limited number of individuals in our industry
with the breadth of skills and experience required to successfully develop, gain regulatory approval of and commercialize products.
Competition to hire from this limited pool is intense, and we may be unable to hire, train, retain or motivate these key personnel
on acceptable terms given the competition among numerous pharmaceutical and biotechnology companies for similar personnel. We also
experience competition for the hiring of scientific and clinical personnel from universities and research institutions. In addition,
we rely on consultants and advisors, including scientific and clinical advisors, to assist us in formulating our research and development
and commercialization strategy. Our consultants and advisors may be employed by employers other than us and may have commitments
under consulting or advisory contracts with other entities that may limit their availability to us. If we are unable to continue
to attract and retain high quality personnel, our ability to pursue our growth strategy will be limited.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We will need to grow our organization,
specifically to expand our development, and regulatory capabilities, and we may experience difficulties in managing this growth,
which could disrupt our operations.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have 71 personnel (64 full time equivalents), including those
of our subsidiaries. As our development and commercialization plans and strategies develop, we expect to expand our employee base
on an as-needed basis. Future growth would impose significant added responsibilities on members of management, including the need
to identify, recruit, maintain, motivate and integrate additional employees. Also, our management may need to divert a</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">disproportionate amount of their attention away from our day-to-day
activities and devote a substantial amount of time to managing these growth activities. We may not be able to effectively manage
the expansion of our operations which may result in weaknesses in our infrastructure, give rise to operational errors, loss of
business opportunities, loss of employees and reduced productivity among remaining employees. Our expected growth could require
significant capital expenditures and may divert financial resources from other projects, such as the development of existing and
additional product candidates. If our management is unable to effectively manage our expected growth, our expenses may increase
more than expected, our ability to generate and/or grow revenue could be reduced and we may not be able to implement our business
strategy. Our future financial performance and our ability to commercialize our product candidates and compete effectively with
others in our industry will depend, in part, on our ability to effectively manage any future growth.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Risks Related to Our Common Shares</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our share price has been and may in the
future be volatile, which could cause holders of our common shares to incur substantial losses.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">You should consider an investment in our common shares as risky
and invest only if you can withstand a significant loss and wide fluctuations in the market value of your investment. The stock
market has recently experienced significant volatility, particularly with respect to pharmaceutical, biotechnology and other life
sciences company stocks. The volatility of pharmaceutical, biotechnology and other life sciences company stocks often does not
relate to the operating performance of the companies represented by the stock. Some of the factors that may cause the market price
of our common shares to fluctuate include:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>results and timing of our clinical trials and clinical trials of our competitors&rsquo; products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>failure or discontinuation of any of our development programs;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>issues in manufacturing our product candidates or future approved products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>regulatory developments or enforcement in the United States and non-U.S. countries with respect to our product candidates or
our competitors&rsquo; products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>failure to achieve pricing and/or reimbursement;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>competition from existing products or new products that may emerge;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>developments or disputes concerning patents or other proprietary rights;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>introduction of technological innovations or new commercial products by us or our competitors;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>announcements by us, our collaborators or our competitors of significant acquisitions, strategic partnerships, joint ventures,
collaborations or capital commitments;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>changes in estimates or recommendations by securities analysts, if any cover our common shares;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>fluctuations in the valuation of companies perceived by investors to be comparable to us;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>public concern over our product candidates or any future approved products;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>litigation;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>future sales of our common shares;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>share price and volume fluctuations attributable to inconsistent trading volume levels of our shares;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>additions or departures of key personnel;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>changes in the structure of health care payment systems in the United States or overseas;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>failure of any of our product candidates, if approved, to achieve commercial success;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>economic and other external factors or other disasters or crises;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>period-to-period fluctuations in our financial condition and results of operations, including the timing of receipt of any
milestone or other payments under commercialization or licensing agreements;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>general market conditions and market conditions for biopharmaceutical stocks; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>overall fluctuations in U.S. equity markets.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, in the past, when the market price of a stock has
been volatile, holders of that stock have instituted securities class action litigation against the company that issued the stock.
If any of our shareholders brought a lawsuit against us, we could incur substantial costs defending the lawsuit and divert the
time and attention of our management, which could seriously harm our business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Certain of our shareholders own a majority
of our common shares and as a result will be able to exercise significant control over us, and your interests may conflict with
the interests of our existing shareholders.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A small number of shareholders own more than a majority of our
outstanding common shares. Depending on the level of attendance at our general meetings of shareholders, these shareholders as
a group may be in a position to determine the outcome of decisions taken at any such general meeting. Any shareholder or group
of shareholders controlling more than 50% of the capital present or represented by independent proxy and voting at our general
meetings of shareholders may control any shareholder resolution requiring a simple majority, including the election of our managing
directors and supervisory directors, certain decisions relating to our capital structure, the approval of certain significant corporate
transactions and amendments to our Articles of Association. To the extent that the interests of these shareholders may differ from
the interests of our other shareholders, the latter may be disadvantaged by any action that these shareholders may seek to pursue.
Among other consequences, this concentration of ownership may have the effect of delaying or preventing a change in control and
might therefore negatively affect the market price of our common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Future sales, or the possibility of future
sales, of a substantial number of our common shares could adversely affect the price of the shares and dilute shareholders.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Future sales of a substantial number of our common shares, or
the perception that such sales will occur, could cause a decline in the market price of our common shares. We had 33,259,404 common
shares outstanding as of December 31, 2015. If our existing shareholders sell substantial amounts of common shares in the public
market, or the market perceives that such sales may occur, the market price of our common shares and our ability to raise capital
through an issue of equity securities in the future could be adversely affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, we have registered on a Form S-8 registration statement
all common shares that we may issue under our equity compensation plans. As a result, these shares can be freely sold in the public
market upon issuance, subject to volume limitations applicable to affiliates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We also entered into a registration rights agreement upon consummation
of our initial public offering pursuant to which we have agreed under certain circumstances to file a registration statement to
register the resale of the common shares held by certain of our existing shareholders, as well as to cooperate in certain public
offerings of such common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On October 1, 2015, we filed a shelf registration statement
on Form F-3 for the potential offer and sale by us of up to $150 million of our common shares, senior debt securities, subordinated
debt securities, warrants, purchase contracts or units and the offer and sale by certain of our shareholders of 12,985,302 of our
common shares. The registration statement was declared effective by the SEC on October 23, 2015. Up to $50 million of our common
shares may be offered and sold under the registration statement pursuant to an &ldquo;at-the-market&rdquo; offering. Because the
price per share of each share sold under the registration statement will depend on the market price of our shares at the time of
the sale and other market conditions, it is not possible at this stage to predict the number of shares that ultimately may be offered
and sold under the registration statement. If we sell common shares, convertible securities or other equity securities, existing
shareholders may be diluted by such sales, and in certain cases new investors could gain rights superior to our existing shareholders.
Any sales of our common shares, or the perception that such sales could occur, could have a negative impact on the trading price
of our shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 40 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We are a foreign private issuer and,
as a result, we are not subject to U.S. proxy rules and are subject to Exchange Act reporting obligations that, to some extent,
are more lenient and less frequent than those of a U.S. domestic public company.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We report under the Securities Exchange Act of 1934, as amended,
or the Exchange Act, as a non-U.S. company with foreign private issuer status. Because we qualify as a foreign private issuer under
the Exchange Act and although we are subject to Dutch laws and regulations with regard to such matters and intend to furnish quarterly
financial information to the SEC, we are exempt from certain provisions of the Exchange Act that are applicable to U.S. domestic
public companies, including (i) the sections of the Exchange Act regulating the solicitation of proxies, consents or authorizations
in respect of a security registered under the Exchange Act, (ii) the sections of the Exchange Act requiring insiders to file public
reports of their stock ownership and trading activities and liability for insiders who profit from trades made in a short period
of time and (iii) the rules under the Exchange Act requiring the filing with the Securities and Exchange Commission (SEC) of quarterly
reports on Form 10-Q containing unaudited financial and other specified information, or current reports on Form 8-K, upon the occurrence
of specified significant events. In addition, foreign private issuers are not required to file their annual report on Form 20-F
until four months after the end of each fiscal year, while U.S. domestic issuers that are accelerated filers are required to file
their annual report on Form 10-K within 75 days after the end of each fiscal year. Foreign private issuers are also exempt from
Regulation Fair Disclosure, aimed at preventing issuers from making selective disclosures of material information. As a result
of the above, you may not have the same protections afforded to shareholders of companies that are not foreign private issuers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">As a foreign private issuer and as permitted
by the listing requirements of Nasdaq, we follow certain home country governance practices rather than the corporate governance
requirements of the Nasdaq.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a foreign private issuer. As a result, in accordance
with the listing requirements of The Nasdaq Global Market, or Nasdaq, we follow home country governance requirements and certain
exemptions thereunder rather than comply with the corporate governance requirements of Nasdaq. In accordance with Dutch law and
generally accepted business practices, our Articles of Association do not provide quorum requirements generally applicable to general
meetings of shareholders in the United States. To this extent, our practice varies from the requirement of Nasdaq Listing Rule
5620(c), which requires an issuer to provide in its bylaws for a generally applicable quorum, and that such quorum may not be less
than one-third of the outstanding voting stock. Although we must provide shareholders with an agenda and other relevant documents
for the general meeting of shareholders, Dutch law does not have a regulatory regime for the solicitation of proxies and the solicitation
of proxies is not a generally accepted business practice in the Netherlands, thus our practice will vary from the requirement of
Nasdaq Listing Rule 5620(b). As permitted by the listing requirements of Nasdaq, we have also opted out of the requirements of
Nasdaq Listing Rule 5605(d), which requires, inter alia, an issuer to have a compensation committee that consists entirely of independent
directors, and Nasdaq Listing Rule 5605(e), which requires independent director oversight of director nominations. In addition,
we have opted out of shareholder approval requirements, as included in the Nasdaq Listing Rules, for the issuance of securities
in connection with certain events such as the acquisition of stock or assets of another company, the establishment of or amendments
to equity-based compensation plans for employees, a change of control of us and certain private placements. To this extent, our
practice varies from the requirements of Nasdaq Rule 5635, which generally requires an issuer to obtain shareholder approval for
the issuance of securities in connection with such events. Accordingly, you may not have the same protections afforded to shareholders
of companies that are subject to these Nasdaq requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may lose our foreign private issuer
status which would then require us to comply with the Exchange Act&rsquo;s domestic reporting regime and cause us to incur significant
legal, accounting and other expenses.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a foreign private issuer and therefore we are not required
to comply with all of the periodic disclosure and current reporting requirements of the Exchange Act applicable to U.S. domestic
issuers. If in the future we are not a foreign private issuer as of the end of the second fiscal quarter in any fiscal year, we
would be required to comply with all of the periodic disclosure and current reporting requirements of the Exchange Act applicable
to U.S. domestic issuers in the subsequent fiscal year. In order to maintain our current status as a foreign private issuer, either
(a) a majority of our common shares must be either directly or indirectly owned of record by non-residents of the United States
or (b)(i) a majority of our managing directors or supervisory directors may not be United States citizens or residents, (ii) more
than 50 percent of our assets cannot be located in the United States and (iii) our</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 41 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">business must be administered principally outside the United
States. If we were to lose this status, we would be required to comply with the Exchange Act reporting and other requirements applicable
to U.S. domestic issuers, which are more detailed and extensive than the requirements for foreign private issuers. We may also
be required to make changes in our corporate governance practices in accordance with various SEC and stock exchange rules. The
regulatory and compliance costs to us under U.S. securities laws if we are required to comply with the reporting requirements applicable
to a U.S. domestic issuer may be significantly higher than the cost we would incur as a foreign private issuer. As a result, we
expect that a loss of foreign private issuer status would increase our legal and financial compliance costs and would make some
activities highly time consuming and costly. We also expect that if we were required to comply with the rules and regulations applicable
to U.S. domestic issuers, it would make it more difficult and expensive for us to obtain director and officer liability insurance,
and we may be required to accept reduced coverage or incur substantially higher costs to obtain coverage. These rules and regulations
could also make it more difficult for us to attract and retain qualified supervisory directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We are an &ldquo;emerging growth company,&rdquo;
and we cannot be certain if the reduced reporting requirements applicable to &ldquo;emerging growth companies&rdquo; will make
our common shares less attractive to investors.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are an &ldquo;emerging growth company,&rdquo; as defined
in the JOBS Act. For as long as we continue to be an &ldquo;emerging growth company,&rdquo; we may take advantage of exemptions
from various reporting requirements that are applicable to other public companies that are not &ldquo;emerging growth companies,&rdquo;
including not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act of 2002,
exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any
golden parachute payments not previously approved. We could be an &ldquo;emerging growth company&rdquo; for a period of five years
following the completion of our initial public offering (2019), although circumstances could cause us to lose that status earlier,
including if the market value of our common shares held by non-affiliates exceeds $700 million as of any June 30 (the end of our
second fiscal quarter) before that time, in which case we would no longer be an &ldquo;emerging growth company&rdquo; as of the
following December 31 (our fiscal year end). We cannot predict if investors will find our common shares less attractive because
we may rely on these exemptions. If some investors find our common shares less attractive as a result, there may be a less active
trading market for our common shares and the price of our common shares may be more volatile.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We do not anticipate paying cash dividends,
and accordingly, shareholders must rely on stock appreciation for any return on their investment.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We currently intend to retain our future earnings, if any, to
fund the development and growth of our businesses. As a result, capital appreciation, if any, of our common shares will be your
sole source of gain on your investment for the foreseeable future. Investors seeking cash dividends should not invest in our common
shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">If securities or industry analysts do
not publish research or publish inaccurate or unfavorable research about our business, our share price and trading volume could
decline.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The trading market for our common shares depends on the research
and reports that securities or industry analysts publish about us or our business. We do not have any control over these analysts.
We cannot assure you that analysts will cover us or provide favorable coverage. If one or more of the analysts who cover us downgrade
our shares or change their opinion of our shares, our share price would likely decline. If one or more of these analysts cease
coverage of our company or fail to regularly publish reports on us, we could lose visibility in the financial markets, which could
cause our share price or trading volume to decline.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We are a Dutch public company with limited
liability. The rights of our shareholders may be different from the rights of shareholders in companies governed by the laws of
U.S. jurisdictions and may not protect investors in a similar fashion afforded by incorporation in a U.S. jurisdiction.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a Dutch public company with limited liability (<I>naamloze
vennootschap</I>) organized under the laws of the Netherlands. Our corporate affairs are governed by our Articles of Association
and by the laws governing companies incorporated in the Netherlands. However, there can be no assurance that Dutch law will not
change in the future or that it will serve to protect investors in a similar fashion afforded under corporate law principles in
the United States, which could adversely affect the rights of investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The rights of shareholders and the responsibilities of managing
directors and supervisory directors may be different from the rights and obligations of shareholders and board members in companies
governed by the laws of U.S. jurisdictions. In the performance of its duties, our management board and supervisory board are required
by Dutch law to consider the interests of our company, its shareholders, its employees and other stakeholders, in all cases with
due observation of the principles of reasonableness and fairness. It is possible that some of these parties will have interests
that are different from, or in addition to, your interests as a shareholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Provisions of our Articles of Association
or Dutch corporate law might deter acquisition bids for us that might be considered favorable and prevent or frustrate any attempt
to replace or remove the then management board and supervisory board.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain provisions of our Articles of Association may make it
more difficult for a third party to acquire control of us or effect a change in our management board or supervisory board. These
provisions include: the authorization of a class of shares that may be issued to a friendly party; staggered four-year terms of
our supervisory directors; a provision that our managing directors and supervisory directors may only be removed by the general
meeting of shareholders by a two-thirds majority of votes cast representing more than 50% of our outstanding share capital (unless
the removal was proposed by the supervisory board); and a requirement that certain matters, including an amendment of our Articles
of Association, may only be brought to our shareholders for a vote upon a proposal by our management board that has been approved
by our supervisory board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our anti-takeover provision may prevent
a beneficial change of control.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have adopted an anti-takeover measure pursuant to which our
management board may, subject to supervisory board approval but without additional shareholder approval, issue (or grant the right
to acquire) cumulative preferred shares. Our management board has been authorised to, subject to supervisory board approval, issue
(or grant the right to acquire) cumulative preferred shares by the general meeting of shareholders on September 12, 2014, with
effect from September 17, 2014. We may issue an amount of cumulative preferred shares up to 100% of our issued capital immediately
prior to the issuance of such cumulative preferred shares. In such event, the cumulative preferred shares (or right to acquire
cumulative preferred shares) will be issued to a separate, newly established foundation which will be structured to operate independently
of us and will act to serve the best interests of us, our associated business and all parties connected to us, by opposing any
influences that conflict with these interests and threaten to undermine our continuity, independence and identity. Such a measure
has the effect of making a takeover of us more difficult or less attractive and as a result, our shareholders may be unable to
benefit from a change of control and realize any potential change of control premium. This may materially and adversely affect
the market price of our common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The cumulative preferred shares will be issued to the
foundation for their nominal value, of which only 25% will be due upon issuance. The voting rights of our shares are based on
nominal value and as we expect our shares to trade substantially in excess of nominal value, cumulative preferred shares
issued at nominal value can obtain significant voting power for a substantially reduced price and thus be used as a defensive
measure. These cumulative preferred shares will have both a liquidation and dividend preference over our common shares and
will accrue cash dividends at a fixed rate. The management board may issue these cumulative preferred shares to protect us
from influences that do not serve our best interests and threaten to undermine our continuity, independence and identity.
These influences may include a third party acquiring a significant percentage of our common shares, our receipt of an offer
for our common shares, other concentration of control over our common shares or any other form of pressure on us to alter our
strategic policies or anticipation that any such events may come to exist.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We are not obligated to and do not comply
with all the best practice provisions of the Dutch Corporate Governance Code. This may affect your rights as a shareholder.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As a Dutch company we are subject to the Dutch Corporate Governance
Code, or DCGC. The DCGC contains both principles and best practice provisions that regulate relations between the management board,
the supervisory board and the shareholders (i.e., the general meeting of shareholders). The DCGC is based on a &ldquo;comply or
explain&rdquo; principle. Accordingly, companies are required to disclose in their annual reports, filed in the Netherlands, whether
they comply with the provisions of the DCGC. If they do not comply with those provisions (e.g., because of a conflicting Nasdaq
requirement), the company is required to give the reasons for such non-compliance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The DCGC applies to all Dutch companies listed on a government-recognized
stock exchange, whether in the Netherlands or elsewhere, including Nasdaq. We do not comply with all the best practice provisions
of the DCGC. For example, the DCGC states that all supervisory board members need to be independent (a term that is defined in
the DCGC), with the exception of one. We have more than one supervisory director that is deemed not independent under the DCGC.
This may affect your rights as a shareholder and you may not have the same level of protection as a shareholder in a Dutch company
that fully complies with the DCGC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Claims of U.S. civil liabilities may
not be enforceable against us.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are incorporated under the laws of the Netherlands, and our
headquarters are located in Germany. Substantially all of our assets are located outside the United States. The majority of our
managing directors and supervisory directors reside outside the United States. As a result, it may not be possible for investors
to effect service of process within the United States upon such persons or to enforce against them or us in U.S. courts, including
judgments predicated upon the civil liability provisions of the federal securities laws of the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The United States and the Netherlands currently do not have
a treaty providing for the reciprocal recognition and enforcement of judgments, other than arbitration awards, in civil and commercial
matters. Consequently, a final judgment for payment given by a court in the United States, whether or not predicated solely upon
U.S. securities laws, would not automatically be recognized or enforceable in the Netherlands. In order to obtain a judgment which
is enforceable in the Netherlands, the party in whose favor a final and conclusive judgment of the U.S. court has been rendered
will be required to file its claim with a court of competent jurisdiction in the Netherlands. Such party may submit to the Dutch
court the final judgment rendered by the U.S. court. If and to the extent that the Dutch court finds that the jurisdiction of the
U.S. court has been based on grounds which are internationally acceptable, that the proceedings before the U.S. court complied
with principles of proper procedures, that recognition and/or enforcement of such judgment would not contravene the public policy
of the Netherlands, and that recognition and/or enforcement of the judgment is not irreconcilable with a decision of a Dutch court
rendered between the same parties or with an earlier decision of a foreign court rendered between the same parties in a dispute
that is about the same subject matter and that is based on the same cause, provided that earlier judgment can be recognized in
the Netherlands, the court of the Netherlands will, in principle, give binding effect to the judgment of the U.S. court. Dutch
courts may deny the recognition and enforcement of punitive damages or other awards on the basis that recognition and enforcement
would contravene public policy of the Netherlands. Moreover, a Dutch court may reduce the amount of damages granted by a U.S. court
and recognize damages only to the extent that they are necessary to compensate actual losses or damages. In addition, there is
doubt as to whether a Dutch court would impose civil liability on us, our managing directors or supervisory directors or certain
experts named herein in an original action predicated solely upon the U.S. federal securities laws brought in a court of competent
jurisdiction in the Netherlands against us or such directors or experts, respectively. Enforcement and recognition of judgments
of U.S. courts in the Netherlands are solely governed by the provisions of the Dutch Civil Procedure Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The United States and Germany currently do not have a treaty
providing for the reciprocal recognition and enforcement of judgments, other than arbitration awards, in civil and commercial matters.
Consequently, a final judgment for payment given by a court in the United States, whether or not predicated solely upon U.S. securities
laws, would not automatically be recognized or enforceable in Germany. German courts may deny the recognition and enforcement of
a judgment rendered by a U.S. court if they consider the U.S. court not to be competent or the decision not in line with German
public policy principles. For example, recognition of court decisions based on class actions brought in the United States typically
raises public policy concerns and judgments awarding punitive damages are generally not enforceable in Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, actions brought in a German court against us, our
managing directors or supervisory directors, our senior management and the experts named herein to enforce liabilities based on
U.S. federal securities laws may be subject to certain restrictions. In particular, German courts generally do not award punitive
damages. Litigation in Germany is also subject to rules of procedure that differ from the U.S. rules, including with respect to
the taking and admissibility of evidence, the conduct of the proceedings and the allocation of costs. Proceedings in Germany would
have to be conducted in the German language and all documents submitted to the court would, in principle, have to be translated
into German. For these reasons, it may be difficult for a U.S. investor to bring an original action in a German court predicated
upon the civil liability provisions of the U.S. federal securities laws against us, our managing directors or supervisory directors,
our senior management and the experts named in this Annual Report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Based on the lack of a treaty as described above, U.S. investors
may not be able to enforce against us or managing directors or supervisory directors, officers or certain experts named herein
who are residents of the Netherlands, Germany, or other countries other than the United States any judgments obtained in U.S. courts
in civil and commercial matters, including judgments under the U.S. federal securities laws.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">In the past, we had identified material
weaknesses in our internal control over financial reporting. If the since-implemented internal controls fail to be effective, such
failure could result in material misstatements in our financial statements, cause investors to lose confidence in our reported
financial and other public information and have a negative effect on the trading price of our common shares.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Effective internal controls over financial reporting are necessary
for us to provide reliable financial reports and, together with adequate disclosure controls and procedures, are designed to prevent
fraud. Any failure to implement required new or improved controls, or difficulties encountered in their implementation could cause
us to fail to meet our reporting obligations. Section 404 of the Sarbanes-Oxley Act of 2002 requires management of public companies
to develop and implement internal controls over financial reporting and evaluate the effectiveness thereof. A material weakness
is a deficiency or a combination of deficiencies in internal control over financial reporting such that there is a reasonable possibility
that a material misstatement of our financial statements will not be prevented or detected on a timely basis. In connection with
the preparation of our financial statements for the year ended December 31, 2013, we identified material weaknesses in our internal
controls related to deficiencies in the design and operating effectiveness of our internal controls, in our financial reporting
processes and in our controls related to management&rsquo;s review of our financial results. Since the identification of the material
weaknesses in internal control over financial reporting we have been implementing additional internal control over financial reporting,
and no material weaknesses were identified in connection with the preparation of our financial statements for the years ended December
31, 2014 and 2015. If the since-implemented internal controls fail to be effective in the future, it could result in material misstatements
in our financial statements, impair our ability to raise revenue, result in the loss of investor confidence in the reliability
of our financial statements and subject us to regulatory scrutiny and sanctions, which in turn could harm the market value of our
common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We will be required to disclose changes made in our internal
controls and procedures and our management will be required to assess the effectiveness of these controls annually. However, for
as long as we are an &ldquo;emerging growth company&rdquo; under the JOBS Act, our independent registered public accounting firm
will not be required to attest to the effectiveness of our internal controls over financial reporting pursuant to Section 404.
We could be an &ldquo;emerging growth company&rdquo; for a period of five years following the completion of our initial public
offering (2019). An independent assessment of the effectiveness of our internal controls could detect problems that our management&rsquo;s
assessment might not. Undetected material weaknesses in our internal controls could lead to financial statement restatements and
require us to incur the expense of remediation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">We may be classified as a &ldquo;passive
foreign investment company&rdquo; (a &ldquo;PFIC&rdquo;) in 2016 or any future years. U.S. investors may suffer adverse U.S. federal
income tax consequences if we are a PFIC for any taxable year.</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the Internal Revenue Code of 1986, as amended, we will
be a PFIC for any taxable year in which, after the application of certain &ldquo;look-through&rdquo; rules with respect to subsidiaries,
either (i) 75% or more of our gross income consists of &ldquo;passive income,&rdquo; or (ii) 50% or more of the average quarterly
value of our assets consist of assets that produce, or are held for the production of, &ldquo;passive income.&rdquo; Passive income
generally includes interest, dividends, rents, certain non-active royalties and capital gains. We believe that we were not a PFIC
for U.S. federal income tax purposes for our 2015 taxable year based on (i) certain assumptions regarding the classification of
our income and assets for PFIC purposes; and (ii) certain estimates as to the value of our assets, including the implied value
of our assets based on our market capitalization on certain dates. However, there can be no assurance that the IRS will agree with
this conclusion. In addition, whether we will be a PFIC in 2016 or any future years is uncertain because, among other things, (i)
we currently own a substantial amount of passive assets, including cash, (ii) the valuation of our assets that generate non-passive
income for PFIC purposes, including our intangible assets, is uncertain and may vary substantially over time and (iii) a decline
in our market capitalization from levels experienced in 2015 may imply a value of our assets (other than cash) that could lead
us to conclude that we are a PFIC for 2016 or for a future year. Accordingly, there can be no assurance that we will not be a PFIC
for 2016 or for any other future taxable year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If we are a PFIC for any taxable year during which a U.S. investor
holds common shares, we generally would continue to be treated as a PFIC with respect to that U.S. investor for all succeeding
years during which the U.S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">investor holds common shares, even if we ceased to meet the
threshold requirements for PFIC status. Such a U.S. investor may be subject to adverse tax consequences, including (i) the treatment
of all or a portion of any gain on disposition as ordinary income, (ii) the application of a deferred interest charge on such gain
and the receipt of certain dividends and (iii) compliance with certain reporting requirements. We do not intend to provide the
information that would enable investors to take a qualified electing fund (&ldquo;QEF&rdquo;) election that could mitigate the
adverse U.S. federal income tax consequences should we be classified as a PFIC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_015"></A>ITEM 4. INFORMATION ON THE COMPANY</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_016"></A>History and development of the company</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a clinical-stage biopharmaceutical company focused on
discovering and developing highly targeted cancer immunotherapies. Our product candidates are being developed in the field of immuno-oncology,
which represents an innovative approach to cancer treatment that seeks to harness the body&rsquo;s own immune defenses to fight
tumor cells. The most potent cells of the human defense arsenal are types of white blood cells called Natural Killer cells, or
NK-cells, and T-cells. Our proprietary, next-generation bispecific antibodies, which we call TandAbs because of their tandem antibody
structure, are designed to direct and establish a bridge between either NK-cells or T-cells and cancer cells. Our TandAbs have
the ability to bring NK-cells or T-cells into proximity and trigger a signal cascade that leads to the destruction of cancer cells.
Due to their novel tetravalent architecture (which provides for four binding domains), our TandAbs bind to their targets with high
affinity and have half-lives that allow regular intravenous administration. We believe, based on their mechanism of action and
the preclinical and clinical data we have generated to date, that our product candidates, alone or in combination, may ultimately
improve response rates, clinical outcomes and survival in cancer patients and could eventually become a cornerstone of modern targeted
oncology care.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Affimed was founded in 2000 based on technology developed by
the group led by Professor Melvyn Little at Deutsches Krebsforschungszentrum, the German Cancer Research Center, or DKFZ, in Heidelberg.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have focused our research and development efforts on five
proprietary programs for which we retain global commercial rights. Because our TandAbs bind with receptors that are known to be
present on a number of types of cancer cells, each of our TandAb product candidates could be developed for the treatment of several
different cancers. We intend to initially develop our two clinical stage product candidates in orphan or high-medical need indications,
including as a salvage therapy for patients who have relapsed after, or are refractory to, that is who do not respond to treatment
with, standard therapies, which we refer to as relapsed/refractory. These patients have a limited life expectancy and few therapeutic
options. We believe this strategy will allow for a faster path to approval and will likely require smaller clinical trials compared
to indications with more therapeutic options and larger patient populations. We believe such specialized market segments in oncology
can be effectively targeted with a small and dedicated marketing and sales team. We currently intend to establish a commercial
sales force in the United States and/or Europe to commercialize our product candidates when and if they are approved. We are also
active in preclinical development with our collaborator Amphivena Therapeutics, Inc., which Janssen Biotech, Inc., one of the Janssen
Pharmaceutical Companies of Johnson &amp; Johnson, or Janssen, has an option to buy upon IND acceptance by the FDA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our offices and laboratories are located at the Technology Park
adjacent to the DKFZ in Heidelberg, where we employ 45 personnel, approximately 70% of whom have an advanced academic degree. Including
AbCheck and Affimed Inc. personnel, our total headcount is 71 (64 full time equivalents). We are led by experienced executives
with a track record of successful product development, approvals and launches, specifically of biologics. Our supervisory board
includes highly experienced experts from the pharmaceutical and biotech industries, with a specific background in hematology. Affimed
has attracted investments from top-tier venture capital firms, including Aeris Capital, BioMedInvest, Life Sciences Partners, the
venture capital arm of Novo Nordisk A/S and OrbiMed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In 2009, we formed AbCheck, our 100% owned, independently run
antibody screening platform company, located in the Czech Republic. AbCheck is devoted to the generation and optimization of fully
human antibodies. Its technologies include a combined phage and yeast display antibody library and a proprietary algorithm to optimize
affinity, stability and manufacturing efficiency. AbCheck also uses a super human library as well as their newly developed mass
humanization technology to discover and optimize high-quaility human antibodies. In addition to providing candidates for Affimed
projects, AbCheck is recognized for its expertise in antibody discovery throughout</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">the United States and Europe and has been working with globally
active pharmaceutical companies such as Eli Lilly, Daiichi Sankyo, Pierre Fabre and others.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_017"></A>Business overview</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our Strategy</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our goal is to engineer targeted immunotherapies, seeking to
cure patients by harnessing the power of innate and adaptive immunity (NK- and T-cells). We are developing single and combination
therapies to treat cancers and other life-threatening diseases. For this, we have developed an entirely novel antibody platform
that delivers two different types of next-generation antibodies, bispecific TandAbs and Trispecific Abs. Based on the unique properties
and mechanism of action of these products and supported by the preclinical and clinical data we have generated to date, we believe
that our product candidates, alone or in combination, may ultimately improve clinical outcomes in cancer patients and could eventually
become a key element of modern targeted oncology care. Key elements of our strategy to achieve this goal are to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Rapidly Advance the Development of our Clinical Stage Product Candidates, including Combinations with Other Immunotherapies</I></B>.
Our product development strategy initially targets relapsed or refractory cancer patients who have limited therapeutic alternatives,
which we believe will enable us to utilize an expedited regulatory approval process. In the second quarter of 2015, a phase 2a
proof of concept trial of AFM13 as a monotherapy was initiated by the German Hodgkin Study Group (GHSG) in HL patients that have
received all standard therapies and have relapsed after or are refractory to Adcetris. We expect interim data in the second quarter
of 2016 and primary endpoint data by the end of 2016. We are also supporting an investigator-sponsored phase 1b/2a clinical trial
of AFM13 in patients with CD30+ lymphoma conducted by Columbia University for which Columbia submitted
an IND to the FDA that has since become effective. In addition, we have expanded our development strategy to combination therapies. We plan to initiate a phase 1b clinical
trial to investigate AFM13 in combination with pembrolizumab (KEYTRUDA&reg;) in HL patients that have relapsed after or are refractory
to chemotherapy and Adcetris in the first half of 2016. For AFM11, we have begun a phase 1 dose escalation study designed to evaluate
safety and tolerability and to potentially assess anti-tumor activity after four weeks of therapy in NHL patients. The phase 1
clinical trial is ongoing and recruiting with a modified dose regimen. The amended study protocol was approved by the applicable
regulatory authorities in the third quarter of 2015. We expect to report first data from this phase 1 trial by the end of 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Establish R&amp;D and Commercialization Capabilities in Europe and in the United States</I></B> We plan to retain rights
for all of our product candidates, although in the future we may enter into additional collaborations that provide value for our
shareholders. We intend to build a focused marketing and specialty sales team in Europe and in the United States to commercialize
any of our product candidates that receive regulatory approval. We have established a U.S. presence in order to expand our access
to the talent pool, maintain better control over our studies conducted in North America, maintain and expand our scientific and
medical network, further increase our interaction with the FDA and maintain a close relationship to the financial community.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Use Our Technology Platforms and Intellectual Property Portfolio to Continue to Build our Cancer Immunotherapy Pipeline</I></B>.
We generate our product candidates from our proprietary antibody engineering technology platforms consisting of NK-cell TandAbs,
T-cell TandAbs and Trispecific Abs. We plan to continue to leverage these technologies to develop new pipeline product candidates.
We believe we can utilize our platforms to address additional targets that we may in-license in the future or identify internally.
We intend to continue to innovate in our field and create additional layers of intellectual property in order to enhance the platform
value and extend the life cycle of our products. We believe our strong intellectual property position can be used to support internal
development as well as out-licensing and collaboration opportunities.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Maximize the Value of our Collaboration Arrangements with LLS, Amphivena/Janssen and Merck.</I></B> We have a research
agreement with LLS under which LLS has committed to co-fund up to $4.4 million over two years for the phase 2a monotherapeutic
development of AFM13. We believe that this collaboration will also allow us to expedite patient enrollment for future trials by
leveraging the LLS&rsquo;s existing relationships</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">with key U.S. investigators. In
2013, we entered into a license and development agreement with Amphivena, which amended and restated a 2012 license agreement,
to develop a CD33/CD3 TandAb candidate for AML in exchange for an interest in Amphivena and certain milestone payments. Amphivena
has entered into an agreement with Janssen that gives Janssen the option to acquire Amphivena upon predetermined terms following
acceptance by the FDA of an IND filing for the product candidate. Affimed has successfully reached its first three milestones,
including the selection and acceptance of a development candidate. The third milestone was achieved in the first quarter of 2015.
In January 2016, we entered into a clinical research collaboration with Merck &amp; Co to investigate the combination of Merck&rsquo;s
anti PD-1 therapy, KEYTRUDA<SUP>&reg;</SUP> (pembrolizumab), with AFM13 for the treatment of patients with relapsed/refractory
HL. We believe that these collaborations help to validate and more rapidly advance our discovery efforts, technology platforms
and product candidates, and will enable us to leverage our platforms through additional high-value partnerships. As part of our
business development strategy, we aim to enter into additional research collaborations in order to derive further value from our
platforms and more fully exploit their potential.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: 0in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Intensify our Collaboration with Academia</I></B>. We have entered into collaborations with the German Hodgkin Study
Group, Stanford University, the Mayo Clinic, the Columbia University, as well as with the German Cancer Research Center DKFZ. We
finalized the establishment of a Scientific Advisory Board in the first half of 2015. We will continue to engage with key experts
in our areas of interest with activities such as our Hodgkin Lymphoma KOL Day in January 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Utilize AbCheck to Generate and Optimize Antibodies</I></B>. We formed AbCheck in 2009 to leverage our antibody screening
platform and partner with other biopharmaceutical companies in fee-for-service engagements. We use AbCheck&rsquo;s state-of-the-art
phage and yeast display screening technologies as well as a proprietary batch humanization process and bioinformatics tools to
identify and optimize antibodies that are highly specific for the targets we or our customers select, and that we engineer into
TandAbs or Trispecific Abs. AbCheck&rsquo;s high-quality capabilities have been validated through multiple international collaborations
including a strategic research partnership with Pierre Fabre.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our Strengths</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We believe we are a leader in developing cancer immunotherapies
due to several factors:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Our Lead Product Candidate, AFM13, is a First-in-Class NK-Cell Mediated Cancer Immunotherapy</I></B>. AFM13 is a targeted
immunotherapy that is currently in development for HL as a salvage therapy. To engage and activate NK-cells, we have engineered
AFM13 with a unique binding specificity for CD16A. AFM13 binds to CD16A with approximately 1,000-fold higher affinity than native
antibody molecules via the constant region. While native antibodies bind to CD16A and CD16B with similar affinity, AFM13 does not
bind to CD16B at all. CD16B is expressed on the surface of neutrophils, which show very limited anti-tumor activity and exist in
such large amounts that little would be left for NK-cell binding and tumor cell killing were AFM13 not to be so selective for only
CD16A. We believe that AFM13 is the only antibody in development that can specifically engage CD16A+ cells, in particular NK-cells,
with very high affinity. In the second quarter of 2015, a phase 2a proof of concept trial of AFM13 was initiated by the German
Hodgkin Study Group (GHSG) in HL patients that have received all standard therapies and have relapsed after or are refractory to
Adcetris. We expect interim data in the second quarter of 2016 and primary endpoint data by the end of 2016. The Leukemia and Lymphoma
Society, or LLS, has agreed to co-fund this phase 2a HL study, a further indication of the promise this development candidate holds.
We are also supporting an investigator-sponsored phase 1b/2a clinical trial of AFM13 in patients with CD30+ lymphoma conducted
by Columbia University for which Columbia submitted an IND to the FDA that has since become effective. In order to prepare for further clinical
development, we have conducted preclinical studies investigating the combination of AFM13 with CPIs and checkpoint agonists, or
CPAs (collaboration with Stanford University). Based on data from these studies, we plan to initiate a phase 1b clinical trial
in collaboration with Merck to investigate AFM13 in combination with pembrolizumab (KEYTRUDA&reg;) in HL patients that have relapsed
after or are refractory to chemotherapy and Adcetris. We will be the sole sponsor of this trial, which we expect to initiate in
the first half of 2016. A preclinical investigation of the combination of AFM13 with lenalidomide (collaboration with Mayo Clinic)
is still ongoing.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Growing Pipeline of Product Candidates Focused on Key Cancer Indications. </I></B>By leveraging our technology platform,
we have built a growing pipeline of additional product candidates. Our second product candidate, AFM11, has demonstrated in preclinical
studies highly specific and effective engagement of T-cells, inducing rapid and potent in vitro and in vivo tumor cell killing.
AFM11 is expected to not require continuous infusion due to its half-life and has shown 100-fold higher affinity to CD3 compared
to a reference molecule with the same sequence as Amgen&rsquo;s Blincyto (blinatumomab) and we believe it may have an efficacy
advantage, especially in immunocompromised patients. We have begun a phase 1 dose ranging study of AFM11 designed to evaluate safety
and tolerability and to potentially assess anti-tumor activity after four weeks of therapy in NHL patients. The phase 1 clinical
trial is ongoing and recruiting with a modified dose regimen. The amended study protocol was approved by the applicable regulatory
authorities in the third quarter of 2015. We believe that the new, less frequent dosing regimen provides a better opportunity to investigate potential
benefits of AFM11 related to the molecular characteristics of TandAbs, i.e. the longer half-life and the higher affinity to T-cells
compared to BiTEs. We expect to report first data from this phase 1 trial by the end of 2016. In addition, we are planning to investigate
AFM11 in ALL patients and are preparing a phase 1 dose ranging study that is expected to begin recruitment in the first half of
2016. Our third product candidate, AFM21 (EGFRvIII / CD3), which is in preclinical development, addresses a target that to date
has been elusive and that is abundant in certain solid tumors, including glioblastoma, prostate cancer and head and neck cancer,
but not found on healthy tissue. In preclinical studies, AFM21 has demonstrated an ability to selectively kill EGFRvIII-carrying
cells and not wild-type EGFR. In addition to the AFM21, which targets EGFRvIII on tumor cells and CD3 on T-cells, we further advanced
an EGFRvIII/CD16A NK-cell TandAb, called AFM22. An additional CD16A NK-cell TandAb, called AFM24 targeting EGFR-wild type, a validated
solid tumor target has been engineered and characterized preclinically. Based on data from ongoing experiments, we will decide
which program to advance into IND-enabling studies.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Retained Global Commercial Rights for our Five Candidates in our Product Pipeline</I></B>. Our five pipeline product
candidates AFM13, AFM11, AFM21, AFM22 and AFM24 are unencumbered. We retain all options to derive value from our product candidates,
including commercialization in all or select markets when and if they are approved. To maximize the value of our platform, we will
continue to explore partnerships to support the development or commercialization of our programs in certain territories.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Experienced Management Team with Strong Track Record in the Development and Commercialization of New Medicines.</I></B>
Members of our management team have extensive experience in the biopharmaceutical industry, and key members of our team have played
an important role in the development and commercialization of approved drugs. Our Chief Executive Officer Adi Hoess and our Chief
Medical Officer Jens-Peter Marschner were members of the teams that developed and commercialized Firazyr&reg; and Erbitux&reg;,
respectively, while our Chief Operating Officer J&ouml;rg Windisch played a leading role in the development of Omnitrope&reg;,
Binocrit&reg; and Zarzio&reg;.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><B><I>Strong Technology Base and Solid Patent Portfolio in the Field of Targeted Immuno-Oncology</I></B>. We are a leader in
the field of bi-and trispecific antibody therapeutics for the treatment of cancer. We have a patent portfolio that includes the
tetravalent antibody platform itself. Further, we have a proprietary position in NK-cell engagement, specifically regarding binding
domains directed at CD16A with no cross-reactivity to CD16B. We have more than a decade of experience in the discovery and development
of such complex antibodies, and our molecular architecture allows for efficient and cost-effective manufacturing. In addition to
supporting internal product development, we believe our strong intellectual property position can be used to support out-licensing
and collaboration opportunities in the field of immuno-oncology.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our research and development pipeline</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are developing a pipeline of immune-cell engagers for the
treatment of cancer as shown below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: Red"><IMG SRC="p44.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our lead candidate, AFM13, is a first-in-class
NK-cell TandAb designed for the treatment of certain CD30-positive (CD30+) B- and T-cell malignancies, including Hodgkin lymphoma,
or HL. AFM13 selectively binds with CD30, a clinically validated target in HL patients, and CD16A, an integral membrane glycoprotein
receptor expressed on the surface of NK-cells, triggering a signal cascade that leads to the destruction of tumor cells that carry
CD30. In contrast to conventional full-length antibodies, AFM13 does not bind to CD16B, which prevents binding to other cells,
e.g. neutrophils.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are initially developing AFM13 for HL in the salvage setting
for patients who have relapsed after, or are refractory to, Adcetris (brentuximab vedotin), a CD30-targeted chemotherapy approved
by the U.S. Food and Drug Administration, or FDA, in August 2011 as a salvage therapy for HL. Approximately half of the patients
treated with Adcetris experience disease progression in less than half a year after initiation of therapy. In a recent phase 1
dose-escalation clinical trial, AFM13 was well-tolerated and demonstrated tumor shrinkage or slowing of tumor growth, with disease
control shown in 16 of 26 patients eligible for efficacy evaluation. AFM13 also stopped tumor growth in patients who are refractory
to Adcetris. Six out of seven patients who became refractory to Adcetris as the immediate prior therapy experienced stabilization
of disease under AFM13 treatment according Cheson&rsquo;s criteria, standard criteria for assessing treatment response in lymphoma.
We believe that based on its novel mode of action, AFM13 may be beneficial to patients who have relapsed or are refractory to treatment
with Adcetris and may provide more durable clinical benefit.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the second quarter of 2015, a phase 2a proof of concept trial
of AFM13 was initiated by the German Hodgkin Study Group (GHSG) in HL patients that have received all standard therapies and have
relapsed after or are refractory to Adcetris. We expect interim data in the second quarter of 2016 and primary endpoint data by
the end of 2016. The Leukemia and Lymphoma Society, or LLS, has agreed to co-fund this phase 2a HL study, a further indication
of the promise this development candidate holds. We are also supporting an investigator-sponsored phase 1b/2a clinical trial of
AFM13 in patients with CD30+ lymphoma conducted by Columbia University for which Columbia submitted an IND to the FDA that has since become
effective. <SUP> </SUP></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In order to prepare for further clinical development, we are
continuing to perform preclinical studies investigating the combination of AFM13 with CPIs and checkpoint agonists, or CPAs (collaboration
with Stanford University), and lenalidomide (collaboration with Mayo Clinic). We believe that AFM13 and immunomodulators administered
together could lead to greater tumor cell killing because these molecules may have a synergistic anti-tumor effect involving both
NK-cells and T-cells. In preclinical animal studies of HL using both patient derived xenograft (PDX)</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">and immune cells from blood (PBMCs), the established
tumor was treated with AFM13 and CPIs/CPAs (anti-PD-1, anti-CD137 and anti-CTLA4) both alone and in combination. While the
single agent treatment showed a significant reduction in tumor growth for most molecules when compared to the control
treatment group (irrelevant IgG), all combinations of AFM13 and CPI/CPA showed enhanced anti-tumor efficacy. We also analyzed
the change in intra-tumoral lymphocyte population compared to IgG treatment. It was observed that in all AFM13-treated
animals (as a single agent and in all combinations), the NK-cell population in the tumor increased. In addition, while there
was no increase of T-cells in animals treated with only AFM13 or CPIs/CPAs, there was an increase of cytotoxic T-cells
detected in animals treated with AFM13 in combination with a CPI/CPA. These results provide the rationale for the
investigation of combinations with AFM13 in the clinical setting, initially focusing on PD-1. Preclinical data on the
combination with CPIs/CPAs were presented at the American Society of Clinical Oncology (ASCO) annual meeting in 2015. Based
on the preclinical data, we have entered into a collaboration with Merck and are planning to initiate a clinical phase 1b
study investigating the combination of AFM13 with Merck&rsquo;s anti PD-1 antibody KEYTRUDA&reg; (pembrolizumab) in patients
with relapsed/refractory HL in the first half of 2016. The trial is designed to establish a dosing regimen for the
combination therapy and assess its safety and efficacy.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our second clinical stage candidate, AFM11, is a T-cell
TandAb designed for the treatment of certain CD19+ B-cell malignancies, including non-Hodgkin Lymphoma, or NHL, Acute
Lymphocytic Leukemia, or ALL, and Chronic Lymphocytic Leukemia, or CLL. AFM11 binds selectively with CD19, a clinically
validated target in B-cell malignancies. It also binds to CD3, a component of the T-cell receptor complex, triggering a
signal cascade that leads to the destruction of tumor cells that carry CD19. Based on its molecular characteristics, in
particular its molecular weight, we expect AFM11 will have a longer half-life than blinatumomab, a bispecific antibody also
targeted against CD19 and CD3 developed by Amgen, and approved in the United States and Europe. This should allow
administration through bolus intravenous infusion, rather than continuous infusion, which requires hospitalization or a
portable pump over one or more cycles of four-weeks each with frequent reconstitution and refill of medication, as is
necessary for blinatumomab. In preclinical studies, AFM11 compared to the blinatumomab reference compound also showed a
100-fold higher affinity to the CD3 receptor, resulting in up to 40-fold greater cytotoxic potency at low T-cell counts. We
have begun a phase 1 dose ranging study of AFM11 designed to evaluate safety and tolerability and to potentially assess
anti-tumor activity after four weeks of therapy in NHL patients. The phase 1 clinical trial is ongoing and recruiting with a
modified dose regimen. The amended study protocol was approved by the applicable regulatory authorities in the third quarter
of 2015. We believe that the new,  less frequent dosing regimen provides a better opportunity to investigate potential
benefits of AFM11 related to the molecular characteristics of TandAbs, i.e. the longer half-life compared to BiTEs and higher
affinity to T-cells. We expect to report first data from this phase 1 trial by the end of 2016. In addition, we are planning
to investigate AFM11 in ALL patients and are preparing a phase 1 dose ranging study that is expected to be initiated in the
first half of 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We further are targeting Epidermal Growth Factor Receptor variant
III, or EGFRvIII, a receptor that appears to be highly specific for solid tumors and is prominent in a significant portion of patients
with glioblastoma, hormone refractory prostate cancer and head and neck cancer. Through access to our proprietary antibody libraries,
we isolated antibodies that bind to EGFRvIII but not to wild-type EGFR, which is also expressed on many healthy tissues. In this
context we have developed 2 bispecific antibodies, AFM21, an EGFRvIII/CD3 T-cell engager, and AFM22, an EGFRvIII/CD16A NK-cell
engager. In preclinical studies, AFM21 and AFM22 have demonstrated a highly selective kill of EGFRvIII- but not wild-type EGFR-
carrying cells. We will further compare the preclinical efficacy of both TandAb molecules and thereafter decide which one to advance
into IND-enabling studies, which we expect to commence in 2016, with a potential IND-filing estimated in 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are also developing AFM24, an NK-cell-engaging TandAb targeting
EGFR-wild type, which represents another validated antigen expressed by a variety of solid tumors. Constitutive EGFR activation
through amplification or dysregulation plays an important role in the pathophysiology of numerous solid cancers, such as colorectal
cancer (CRC), non-small cell lung cancer (NSCLC) or squamous cell carcinomas of the head and neck (SCCHN). We expect to initiate
IND-enabling studies in 2016, with a potential IND-filing estimated in 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In our collaboration with Janssen/Amphivena, we are developing
a CD33/CD3-specific T-cell TandAb to treat acute myeloid leukemia (AML). We currently expect to file an IND for the lead candidate
in 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, we are developing Trispecific Abs for various undisclosed
targets which are currently at a discovery stage to be developed for indications such as multiple myeloma (MM).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Immune System and Cancer Background</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Immune System</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The human immune system is characterized by an early, nonspecific
initial response called innate immunity, and a highly specific response adapted to pathogenic or tumorigenic antigensis called
adaptive immunity. Although the human immune system is normally capable of recognizing foreign or aberrant cells, cancer cells
have developed highly effective ways to escape the surveillance and defense mechanisms of the immune system. As a result, immune
cells such as NK-cells (a part of innate immune system) and T-cells (a part of the adaptive immune system) cannot recognize tumor
cells as foreign or aberrant and therefore cannot fight them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>NK-Cells: NK-cells are important mediators of the innate immune system and can display cytotoxic, or cell-killing, activity
against &ldquo;altered self&rdquo; (virus-infected and cancerous) cells. They were named &ldquo;natural killers&rdquo; because
they recognize altered structures without the need for antigen processing and presentation. NK-cells possess a large number of
receptors that activate NK-cells to destroy deviant cells.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>T-Cells: T-cells are part of the adaptive immune system and only target cells that present antigen on their surface. The immune
system recognizes a particular antigen and produces cytotoxic T-cells that bind to cells that present that antigen. As a result,
billions of different structural variants can be recognized by the adaptive immune system, but each individual T-cell can only
bind and respond to a single structure or molecule.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Increased understanding of the fundamentals of cellular and
molecular tumor immunology has identified many ways in which the immune system can be augmented to treat cancer, including priming/boosting
of the immune system, T-cell modulation, reducing immunosuppression in the tumor microenvironment and enhancing adaptive immunity.
This new area of medicine, termed cancer immunotherapy, has the potential to offer adaptable and durable cancer control across
a variety of tumor types. Our bi- and trispecific antibody platforms enable a direct interaction of NK- or T-cells with cancer
cells on the level of single cells leading to apoptosis, or destruction of the tumor cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Cancer</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Cancer is a broad group of diseases in which cells divide and
grow in an uncontrolled fashion, forming malignancies that can invade other parts of the body. In normal tissues, the rates of
new cell growth and cell death are tightly regulated and kept in balance. In cancerous tissues, this balance is disrupted as a
result of mutations, causing unregulated cell growth that leads to tumor formation. While tumors can grow slowly or rapidly, the
dividing cells will nevertheless accumulate and the normal organization of the tissue will become disrupted. Cancers subsequently
can spread throughout the body by processes known as invasion and metastasis. Once cancer spreads to sites beyond the primary tumor,
it may be incurable. Cancer cells that arise in the lymphatic system and bone marrow are referred to as hematological malignancies.
Cancer cells that arise in other tissues or organs are referred to as solid tumors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">According to the Centers for Disease Control and Prevention,
cancer is the second leading cause of death in the United States. In the United States, 1.66 million new cases of cancer are expected
to be diagnosed in 2014, and more than 580,000 deaths from cancer are expected to occur. The overall 5-year survival expectancy
is currently approximately 66%. There are an estimated 13 million people currently suffering from cancer. According to a National
Institute of Health analysis, medical costs associated with cancer reached $125 billion in 2010 and are projected to increase another
27% by 2020, to at least $158 billion.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The most common methods of treating patients with cancer are
surgery, radiation and drug therapy. For patients with localized disease, surgery and radiation therapy are particularly effective.
Drug therapies are generally used by physicians in patients who have cancer that has spread beyond the primary site or cannot otherwise
be treated through surgery, such as most hematological malignancies. The goal of drug therapies is to damage and kill cancer cells
or to interfere with the molecular and cellular processes that control the development, growth and survival of cancer cells. In
many cases, drug therapy entails the administration of several different drugs in combination. Over the past several decades, drug
therapy has evolved from non-specific drugs that kill both healthy and cancerous cells, to drugs that target specific molecular
pathways involved in cancer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">An early approach to pharmacological cancer treatment was to
develop drugs, referred to as chemotherapies or cytotoxic drugs, which kill rapidly proliferating cancer cells through non-specific
mechanisms, such as disrupting cell metabolism or causing damage to cellular components required for tumor survival and rapid growth.
While these drugs have been effective in the treatment of some cancers, cytotoxic drug therapies act in an indiscriminate manner,
killing healthy cells along with cancerous cells. Due to their mechanism of action, many cytotoxic drugs have a narrow therapeutic
window, or dose range above which the toxicity causes unacceptable or even fatal levels of damage and below which the drugs are
not effective in eradicating cancer cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The next approach to pharmacological cancer treatment was to
develop drugs, referred to as targeted therapeutics, including monoclonal antibodies, which are antibodies that are cloned from
a single parent cell, that target specific biological molecules in the human body that play a role in rapid cell growth and the
spread of cancer. Included in this category are small molecule drugs as well as large molecule drugs, also known as biologics.
With heightened vigilance and new diagnostic tests, targeted therapies (including monoclonal antibodies such as Herceptin&reg;,
Rituxan &reg;, Erbitux&reg; and Avastin&reg; as well as small molecules such as Nexavar &reg; and Tarceva&reg;), have resulted
in improvements in overall survival for many cancer patients. More recently, antibodies have been developed that are optimized
regarding their effector function, also known as Fc optimized antibody drugs, for example obinutuzumab. These molecules are designed
to engage NK-cells and macrophages more effectively in the elimination of cancer cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Cancer immunotherapy plays an increasing role among emerging
cancer drug therapies. The intention is to harness the body&rsquo;s own immune system to fight tumor cells or in some cases reestablish
or remove certain blockades or signaling cascades. There are different approaches: vaccinations, checkpoint modulators that target
co-stimulatory signals of the immune system, T-cell and NK-cell engagers, for example, bispecific antibodies, or cellular therapies
involving transforming a patient&rsquo;s own T-cells to express chimeric antigen receptors (CARs). Ipilimumab (Yervoy&reg;), sipuleucel-T
(Provenge&reg;), and more recently nivolumab (Opdivo&reg;), pembrolizumab (KEYTRUDA&reg;), and blinatumomab (Blincyto) were the
first cancer immunotherapies to enter the market. Our platforms of bi- and trispecific antibodies add further promise to the field
of immuno-oncology.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our Technologies</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">We generate our pipeline of product candidates
from three proprietary platform technologies based on our proprietary tetravalent antibody architecture characterized by four binding
domains, creating bispecific NK-cell and T-cell TandAbs (binding to two different targets) and Trispecific Abs (binding to three
different targets). These molecules bind to specific targets on a tumor cell and to NK-cells or T-cells and thereby direct the
immune cell to eliminate the tumor cell.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">TandAbs</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our TandAbs are designed with two binding domains for immune
cell targeting and two for tumor cell targeting and can be engineered to engage two different types of immune cells, either NK-cells
or T-cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Specifically, they are designed to have the following properties:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>bispecific or trispecific targeting;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>binding with high specificity, or selectivity;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>binding with high affinity/avidity, or strength;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>molecular weight allowing for intravenous bolus administration; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>stable structure conducive to efficient and cost-effective manufacturing.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Trispecific Antibodies (TriFlex)</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Like TandAbs, trispecific Abs also have two domains for immune
cell targeting and two for tumor cell targeting, but their two tumor binding domains or effector cell binding domains can be distinct,
each one designed to bind a different target on the tumor cell or effector cell, respectively (see illustration below). We are
developing our Trispecific Abs as both NK-cell and T-cell engagers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt"><FONT STYLE="font-style: normal">Schematic
representation of TandAbs (left and middle) and Trispecific Abs (right)</FONT></P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: Red"><IMG SRC="p48a.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; color: Red">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Schematic representation of the mode
of action of an NK-cell TandAb: AFM13</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our lead candidate NK-cell TandAb, AFM13,
binds to CD30, a receptor found on the tumor cells of patients with HL and other CD30+ malignancies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic bold 9pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: Red"><IMG SRC="p48b.jpg" ALT=""></P>

<P STYLE="font: italic bold 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt; color: Red">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 80%; font: 8pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 27%; padding-right: 10pt"><FONT STYLE="font-size: 10pt">NK-cell with receptors CD16A and tumor cell with receptors CD30</FONT></td>
    <TD STYLE="width: 25%; padding-right: 10pt"><FONT STYLE="font-size: 10pt">NK-cell TandAb redirects the NK-cell to the tumor cell, forming an immunological
    synapse</FONT></td>
    <TD STYLE="width: 23%; padding-right: 10pt"><FONT STYLE="font-size: 10pt">NK-cell releases perforin, creating pores in tumor cell membrane through
    which granzyme enters, triggering caspase cascade</FONT></td>
    <TD STYLE="width: 25%; padding-right: 10pt"><FONT STYLE="font-size: 10pt">Granzyme and caspase action trigger apoptosis of tumor cell. TandAb is
    released</FONT></td></tr>
</table>
<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Comparison of conventional and TandAb
antibodies</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Native, or naturally occurring, antibodies are Y-shaped proteins
that are used by the immune system to target pathogens. Antibodies are comprised of two identical heavy chains and two identical
light chains. The binding sites for target molecules are formed by the two variable domains of the heavy and light chains at the
tips of the two arms, also referred to as Fv regions. The two Fv regions target the same antigen, and this bivalent binding to
a receptor on the surface of a cell leads to an increase in binding strength. The Fc region can bind, recruit and activate immune
system cells, including NK-cells, but not T-cells, to amplify the immune response to antigen bound by the Fv regions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B>Conventional Antibody TandAb</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: Red"><IMG SRC="p49.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 5.7pt; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our TandAbs consist of four FV domain fragments derived from
two different parent antibodies. Two FV fragments bind specifically to a disease target, such as CD30 on a tumor cell, and the
other two FV regions bind specifically to receptors of an immune cell, such as an NK-cell. In this way, our TandAbs are designed
to bind with specificity to two different cells, a target cell and an effector cell. The FV domain fragments are connected by short
peptide linkers. TandAbs are expressed from a single gene construct, and two chains of the resulting polypeptides assemble spontaneously
in an intermolecular fashion to form the biologically active structure (a homodimer). Like the parent antibodies, a TandAb has
two binding sites for each target: two domains bind to a receptor on an NK-cell or T-cell, and two bind to a receptor on tumor
cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have three proprietary platform technologies based on our
proprietary tetravalent antibody architecture characterized by four binding domains:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>NK-cell TandAbs&mdash;These bispecific antibodies are designed to bind with high affinity to a specific target on a tumor cell
and to NK-cells and thereby direct the NK-cell to eliminate the tumor cell.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>T-cell TandAbs&mdash;These bispecific antibodies are designed to bind with high affinity to a specific target on a tumor cell
and to T-cells and thereby direct the T-cell to eliminate the tumor cell.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Trispecific Abs for dual targeting of tumor cells&mdash;These antibodies are designed to bind to two different targets on the
tumor cell and to either T-cells or NK-cells and thereby direct the T-cell or NK-cell to eliminate the tumor cell.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have established robust and efficient manufacturing processes
for our TandAbs using a mammalian cell system, and they show good product stability. TandAbs are formulated as lyophilized powder
and are reconstituted for infusion. The mean half-life (t1/2) of our lead TandAb AFM13 for dose cohorts = 1.5 mg/kg was 9-19 hours
in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">humans, and AFM13 is administered one to three times weekly
by intravenous infusion over a one to four hour period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">NK-cell TandAbs</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">NK-cells distinguish between healthy cells
and foreign or aberrant cells through a process that is governed by a complex interaction of activating and inhibitory receptors
that regulate their activity. While NK-cells can bind to the Fc regions of native full-length antibodies to induce a cytotoxic
effect, our NK-cell TandAbs are designed to enhance the activity of NK-cells in killing targeted tumor cells because they bind
the Fc&gamma;RIIIA (CD16A) receptor on NK-cells with high specificity and approximately 1,000-fold higher affinity than IgG-based
antibodies, and greater than 25-fold higher affinity than typical Fc-optimized IgG antibodies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">CD16A is an integral membrane glycoprotein
found on the surface of NK-cells, but not neutrophils. Other therapeutic antibodies bind not only to CD16A, but, to our knowledge,
also to the highly homologous CD16B, an isoform differing from CD16A by only a few amino acids. CD16B is expressed on neutrophils,
which are the most numerous white blood cells (leukocytes), and blood plasma contains high levels of soluble CD16B cleaved from
the daily turnover of apoptotic neutrophils. Thus CD16B, being readily available to bind to any Fc-based antibody formats, represents
an antibody sink by neutralizing such antibodies. To engage and activate NK-cells, we have generated a highly effective and specific
human antibody that targets the CD16A receptor and does not cross-react with CD16B (see figure below).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Binding of NK-cell TandAb to CD16A (high-and low affinity
genetic variants (allotypes) 158V and 158F, respectively) and to CD16B (SH, NA1 and NA2 allotypes), the latter showing zero response
(no binding)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: Red"><IMG SRC="p50.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 12.8pt; color: Red">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">T-cell TandAbs</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">CD4+ or CD8+ T-lymphocytes (T-cells) are
primary effectors of adaptive immunity and launch an attack only once foreign or aberrant material is processed and small pieces
thereof are presented to them. Our T-cell TandAbs are designed to tether a T-cell directly to a target on a tumor cell.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our T-cell TandAbs bind with high affinity
to the CD3 protein of the T-cell receptor and a target molecule on the tumor cell. Once our T-cell TandAbs recruit a T-cell to
the tumor cell, the T-cell generates a strong activation signal that induces the release of cytotoxic proteins perforin and granzyme
and results in the destruction of the cancer cell. Our T-cell TandAbs have demonstrated in preclinical studies target-dependent
cytotoxicity at low picomolar concentrations, which we believe may allow us to achieve therapeutic doses in the microgram range.
In the absence of a tumor cell, the binding to CD3 on the T-cells by the TandAbs is not sufficient to activate the T-cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Our T-cell lead candidate, AFM11, binds
to CD3 and CD19, a B-cell receptor found on malignant cells that cause leukemia or lymphoma, including NHL. The high potency of
AFM11 has also been measured at low T-cell counts, which may be of particular benefit to patients whose immune systems are compromised,
for example by chemotherapy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Trispecific Antibodies (TriFlex)</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our Trispecific antibody platform could pave the way for cancer
products with a substantially widened therapeutic window. Through our proprietary tetravalent domain structure, we have the ability
to generate antibodies that exhibit three different binding specificities. Such structures are normally challenging to make, but
we have succeeded in generating such molecules and have found that they have all the features to be used as drug candidates, such
as manufacturability and stability. Our initial work is aimed at targeting two different tumor targets, and with a third functionality,
engaging T-cells or NK-cells to exert a cytotoxic effect. Targeting two tumor targets allows for greater selectivity for cancer
cells, sparing healthy tissue and resulting in a wider therapeutic window by opening up the potential target space, or dose range
within which the drug can be effective in eradicating cancer cells without causing unacceptable levels of side effects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In January 2015, we were awarded a &euro;2.4 million ($3 million)
grant program from the German Federal Ministry of Education and Research (BMBF). The grant, awarded under the BMBF&rsquo;s &ldquo;KMU-innovative:
Biotechnology &ndash; BioChance&rdquo; program, will cover approximately 40% of funding for a research and development program
to develop multi-specific antibodies for the treatment of multiple myeloma.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our Target Markets</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">HL and CD30-positive Malignancies</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">HL is a type of lymphoma, which is a cancer originating from
white blood cells called lymphocytes. CD30 is a cell membrane protein and tumor marker of different hematological malignancies
of which HL is one of the more prevalent. There are approximately 9,000 new cases of HL in the United States every year and about
23,000 new cases in North America, the European Union and Japan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Patients with newly diagnosed HL, depending on disease stage,
are treated primarily with chemotherapy, usually in combination with radiotherapy. The current initial standard regimens are highly
effective, but associated with acute and chronic toxicity. A number of patients are either refractory to or relapsing from standard
therapy that included chemotherapy followed by Adcetris, and we believe these represent a total of approximately 4,000-5,000 patients
every year in North America, the European Union and Japan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Adcetris is the first approved targeted therapy for HL patients
that are relapsed/refractory to second line treatments. Adcetris targets CD30, the same target as AFM13, but has a different mode
of action, acting as a targeted chemotherapy, rather than as a targeted immunotherapy. As an antibody drug conjugate, Adcetris
delivers a toxin (monomethyl auristatin E) to the cells that carry the CD30 receptor. The toxin is internalized by the tumor cell,
which is then destroyed. In a phase 2 clinical trial, Adcetris treatment in relapsed/ refractory HL patients resulted in an overall
response rate of 75% and a complete response rate of 34%. However, the median progression free survival after Adcetris is only
5.6 months. In addition, the treatment is associated with considerable adverse events like neutropenia (low neutrophils) and neuropathy
(damage to the peripheral nervous system).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Other CD30+ hematological malignancies include CD30+ T-cell
lymphoma, or TCL, and CD30+ diffuse large B-cell lymphoma, or DLBCL (approximately 25% of DLBCL tumors express CD30), which together
contribute</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">approximately 6,000-8,000 relapsed/refractory cancer cases per
year in North America, the European Union and Japan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">NHL</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Among a large group of lymphomas, at least 80% belong to the
NHL group. These cancers can originate from either malignant B-cells or T-cells, whereby B-cell derived NHL comprises the vast
majority. NHL includes precursor B-cell tumors and 12 distinctly-defined mature B-cell tumors, among them DLBCL, follicular lymphoma,
or FL, and mantle cell lymphoma, or MCL. The latter three subtypes are the focus of the clinical development of AFM11. The total
annual incidence of all B-cell lymphoma subtypes in North America, the European Union and Japan is about 160,000 cases, of which
70,000 are in the United States. DLBCL alone represents about 46,000 new patients in North America, the European Union and Japan
every year, and currently some 20,000 patients with DLBCL relapse from or become refractory to a series of standard treatments
every year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">There is a high medical need for new treatment options in NHL,
both in the first line setting and in the relapsed/refractory setting. Standard first line treatment of patients with NHL consists
of the CHOP chemotherapy regimen. The regimen is usually combined with rituximab (an anti CD20 antibody). While this regimen results
in a durable response for the majority of patients with aggressive disease, in patients with indolent, or slowly progressing, disease,
the chemotherapy is less effective. The effect of treatments in relapsed/refractory NHL also depends on the type of disease. For
instance, response rates achieved with new targeted therapies in follicular lymphoma (FL) or mantle cell lymphoma (MCL) are at
least partially promising and ibrutinib (Impruvica&reg;) was approved in the United States for MCL in 2013 based on phase 2 data
showing a response rate of 66%. However, in diffuse large B-cell lymphoma (DLBCL), the largest group within NHL, data are less
promising with response rates usually not exceeding 30%. Promising results for this patient population were seen with blinatumomab,
a bispecific antibody with the same disease target and immune cell target as AFM11 (CD19/CD3). Preliminary data of a phase 2 study
in relapsed/refractory NHL patients (n=21) showed a response rate of 42%. In addition, the first data from a phase 1 trial investigating
a CD19-targeting CAR T-cell therapy in NHL showed a response rate of almost 80% (11 out of 14 patients).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Other CD19-positive Malignancies</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ALL, an aggressive type of leukemia characterized by an overproduction
of lymphocytes in the bone marrow and the peripheral blood, is also primarily a B-cell disease and exhibits the CD19 receptor.
According to the National Cancer Institute, in 2013 an estimated number of 6,000 ALL cases were newly diagnosed in the United States,
more than half in children and adolescents. Treatment of patients with ALL usually consists of a regimen that includes vincristine,
prednisone, and an anthracycline, with or without asparaginase, and results in a complete response rate of up to 80% in patients
aged 1-18 years; for adults, complete response rates are considerably lower (about 30% for patients above 40 years of age). Recently,
Blincyto (blinatumomab) has been approved in the United States and in the EU for Philadelphia chromosome-negative relapsed or refractory
B-cell precursor acute lymphoblastic leukemia (ALL). This product is a bifunctional molecule similar to AFM11 in its targeting
features and has demonstrated a high response rate in the labelled adult population.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">CLL, the most common type of leukemia in adults, exhibits the
CD19 receptor as well. Malignant B-cells accumulate in the bone marrow and blood, where they crowd out healthy blood cells. In
the United States about 16,000 new CLL cases are expected to be diagnosed and about 4,600 patients are expected to die from CLL
annually.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">There are many studies with investigational drugs ongoing in
CD19+ malignancies, including CARs that are in early-stage development for several CD19+ malignancies. CARs are showing high response
rates in early clinical studies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">EGFRvIII-positive Malignancies</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The EGFRvIII receptor appears to be highly specific for solid
tumors and is prominent in glioblastoma, prostate and head and neck cancer. In the United States alone as many as 290,000 patients
are newly diagnosed with these three diseases every year. The incidence of EGFvIII on solid tumors was investigated more than a
decade ago, as shown in the table below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td colspan="4" style="border-bottom: Black 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Incidence of
    EGFRvIII in Human Cancers</B></FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="width: 35%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="width: 19%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="width: 21%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="width: 25%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<tr style="vertical-align: bottom">
    <TD STYLE="padding-right: 5pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">TUMOR
TYPE&nbsp;</FONT></P></td>
    <TD STYLE="padding-right: 5pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">POSITIVE/TOTAL&nbsp;</FONT></P></td>
    <TD STYLE="padding-right: 5pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">PERCENT
POSITIVE&nbsp;</FONT></P></td>
    <TD STYLE="padding-right: 5pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">DETECTION
TECHNIQUE&nbsp;</FONT></P></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">Glioblastoma</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">16/31</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">52%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Immunohistochemistry</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">35/62</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">56%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Western blotting</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">9/38</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">24%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">RT-PCR</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">8/12</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">67%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Immunohistochemistry</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">7/12</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">58%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Western blotting</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">5/12</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">42%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">RT-PCR</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">32/48</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">67%</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">cDNA sequencing</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">Breast</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">3/11</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">27%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Immunohistochemistry</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">8/10</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">80%</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">RT-PCR</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">21/27</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">78%</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Western blotting</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">Ovary</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">24/32</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">75%</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Western blotting</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">Non-small cell lung</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">5/32</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">16%</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Immunohistochemistry</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt">Prostate</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">38/38</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">100%</FONT></td>
    <td style="border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt">Immunohistochemistry</FONT></td></tr>
<tr style="vertical-align: bottom">
    <td style="border-bottom: Black 2.25pt solid"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="border-bottom: Black 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="border-bottom: Black 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="border-bottom: Black 2.25pt solid; text-align: center"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Source: Current Cancer Drug Targets 2(2), 2002.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, EGFRvIII has been reported to be expressed in 40-80%
of patients with head and neck cancer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Current treatment options for solid tumors consist of a mix
of surgery, chemotherapy, radiotherapy and targeted therapies. While historically chemotherapy or radiotherapy regimens were standard,
now tumor specific biomarkers are considered more frequently in order to make a decision for optimal treatment of the individual
patient. This opportunity was primarily driven by the development of innovative targeted therapies, in particular monoclonal antibodies
and tyrosine kinase inhibitors. For example, prior to the treatment of non-small cell lung cancer the tumor is investigated for
histology (adenocarcinoma vs. non-adenocarcinoma), K-RAS mutation, EGFR mutations, EML4-ALK mutation, BRAF expression, HER2 expression
and others. A treatment decision is then made based on biomarkers in order to tailor treatment to the patient. In general, the
treatment of solid tumors shows a clear trend towards an individualized treatment, also known as personalized medicine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Monoclonal antibodies play an important role in the treatment
of solid tumors. Herceptin, Erbitux and Avastin were first approved about 10 years ago and are now well established in the treatment
of many different cancer entities. Erbitux is considered standard in the treatment of head and neck cancers, Herceptin for the
treatment of breast cancer and Avastin has shown efficacy in patients with prostate, ovarian and lung cancer. Hormonal therapy
plays a role in certain tumors the growth of which is triggered by hormones: breast cancer, ovarian cancer and prostate cancer.
In addition, immunotherapies play an increasing role. The first immunotherapies became standard treatments about 5 years ago: the
vaccine Provenge (Sipuleucel -T) in prostate cancer and the checkpoint inhibitor ipilimumab (anti CTLA-4 monoclonal antibody) in
melanoma. The PD-1 checkpoint inhibitors nivololumab and pembrolizumab have been approved more recently for the treatment of melanoma,
lung cancer. Many trials with cancer immunotherapies are ongoing. It is expected that imunotherapies will play an increasing role
in the standard therapy of solid tumors. While considerable progress was made over the last decade in the treatment of solid tumors,
there are some cancer types for which new treatments have not provided survival benefit for patients, one of which is glioblastoma.
Overall, cure is still the exception for the majority of late stage tumors, in particular metastatic tumors, and the medical need
for new and safe treatment approaches remains generally high for solid tumors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The focus for the development of our EGFRvIII TandAb will initially
be on glioblastoma, prostate cancer and head and neck cancer, for which a considerable proportion of patients is EGFRvIII positive.
According to the National Cancer Institute, 22,900 patients are newly diagnosed with brain tumors per year in the United States,
and about 15% of them suffer from glioblastoma. These patients are usually treated with a combined approach of surgery, radiotherapy
and chemotherapy with temozolomide playing a central role. Although many new treatment approaches have been investigated over the
last decade, none showed a meaningful benefit for patients to date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Prostate cancer is the second most frequently diagnosed cancer
and the sixth leading cause of cancer death in males worldwide. There are about 233,000 new cases per year in the United States,
according to the National Cancer Institute. Treatment depends on many factors and, depending on stage, surgery, radiotherapy, hormonal
therapy (for</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">example, arbiraterone), chemotherapy (for example, docetaxel),
targeted therapies (for example, Avastin) and/or immunotherapy (Provenge) are utilized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">About 52,000 new cases of head and neck cancer are diagnosed
per year in the United States, according to the National Cancer Institute. Depending on stage, location and biomarkers of the disease,
treatment consists of surgery, radiotherapy, chemotherapy (platinum based) and/or targeted therapy (for example, Erbitux or tyrosine
kinase inhibitors).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our Product Candidates</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our development pipeline currently comprises five distinct product
candidates for which we retain full commercial rights. Initially, we will pursue indications in which the medical need is high
and for which there is a significant population of patients needing treatment in the salvage setting in the hope to expedite the
time to market. If and when we obtain approval for our product candidates as salvage therapies, we plan to explore whether they
could also be used as first- or second-line treatments, most likely in combination with one or more treatments that comprise the
existing standard of care. All of our product candidates have the potential to target several indications, which could represent
significant incremental commercial opportunities in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">AFM13</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Overview</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM13 is a first-in-class NK-cell TandAb that we have engineered
to bind with high affinity to CD30 expressing tumor cells while at the same time binding to CD16A surface proteins to activate
NK-cells. AFM13 is intravenously administered in order to recruit NK-cells in peripheral blood and transport them to the tumor
by binding to CD30. AFM13 has several advantageous characteristics:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>By targeting CD16A, AFM13 binds with NK-cells but not neutrophils and is therefore more selective than full-length antibodies
that bind to both CD16A and B.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Preclinical experiments have demonstrated that the cytotoxic potency of AFM13 is consistently higher than native and Fc-enhanced
anti-CD30 full-length antibodies.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>AFM13 has the potential to be effective for all existing, known and relevant genetic variants of CD16A.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The clinical and preclinical data that we have accumulated to
date suggest that AFM13 appears to be well differentiated from Adcetris, the first approved targeted therapy for HL patients that
are relapsed/refractory to second line treatments. Although AFM13 employs the same disease target as Adcetris (CD30), the two compounds
are fundamentally different in their mechanism of action: Adcetris is a targeted chemotherapy, while AFM13 is a targeted immunotherapy.
Adcetris delivers a toxin (monomethyl auristatin E) to the cells that carry the CD30 receptor, and the cell is killed by the action
of the toxin after its internalization and release from the antibody. In contrast, AFM13 does not need to enter the cell, but serves
as a connector on the cell surface between the CD30 receptor and an NK cell. Once the cells are in contact, the killing activity
of the NK-cell is triggered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Tumor cells have the ability to activate a multi-drug resistance
system, or MDR, which we believe may contribute to the development of resistance to Adcetris. The MDR, however, does not affect
the efficacy of an immunotherapy like AFM13. We believe that this difference may not only translate into efficacy of AFM13 in patients
relapsing from Adcetris therapy, but ultimately into a longer clinical benefit. In addition, the off-target toxicity of Adcetris&rsquo;
toxin monomethyl auristatin E causes severe neutropenia (low neutrophils) and neuropathy (damage to the peripheral nervous system).
We believe AFM13 may avoid these side effects because it does not introduce a toxin such as monomethyl auristatin E into the cells.
Hence, AFM13 may address Adcetris&rsquo; safety limitation, and because of the immunological approach, AFM13 may also address the
short duration of response of Adcetris.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Clinical development of AFM13</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have conducted a phase 1 dose escalation clinical trial in
patients with relapsed/refractory HL and a phase 2a clinical trial was initiated in the second quarter of 2015 by the German Hodgkin
Study Group (GHSG) in HL patients that have received all standard therapies and have relapsed after or are refractory to Adcetris.
We expect</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">interim data in the second quarter of 2016 and primary endpoint
data by the end of 2016. AFM13 has been granted orphan drug status for the treatment of HL in the United States and the European
Union.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are also supporting an investigator-sponsored phase
1b/2a clinical trial of AFM13 in patients with CD30+ lymphoma conducted by Columbia University for which Columbia submitted
an IND to the FDA that has since become effective. Combination therapies play an important part of our development strategy.
Currently preclinical studies are ongoing investigating the combinations of AFM13 with CPIs and lenalidomide. Based on our
recently published preclinical data with CPIs at ASCO 2015 and at ASH 2015, we are planning to initiate a clinical phase 1b
study investigating the combination of AFM13 with Merck&rsquo;s anti PD-1 antibody KEYTRUDA<SUP>&reg;</SUP> (pembrolizumab)
in patients with relapsed/refractory HL in the first half of 2016. The trial is designed to establish a dosing regimen for
the combination therapy and assess its safety and efficacy.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">AFM13-101 phase 1 dose escalation clinical
trial</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We conducted a phase 1 clinical trial of AFM13, AFM13-101, in
patients with HL from September 2010 to April 2013. All patients in this trial suffered from heavily pretreated relapsed/refractory
disease and had documented progression of disease at study entry. The objectives of the trial were: to determine the safety and
tolerability of increasing doses of single cycles of AFM13 as a monotherapy; to determine the maximum tolerated dose and optimal
biological dose of AFM13; to determine the pharmacokinetic (PK) profile of AFM13; to analyze immunological markers, NK-cell activity,
NK-cell markers, serum outcome markers and cytokine release; to assess the immunogenicity, or ability to provoke an immune response,
of AFM13; and to assess the activity of AFM13. The phase 1 trial was conducted in Germany and the United States. We submitted a
CTA for the phase 1 trial to the PEI in May 2010 and an IND application to the FDA in June 2010.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The trial enrolled 28 patients (16 males, 12 females) in eight
dose cohorts. In the dose escalation part, 24 patients received increasing doses of AFM13 ranging from 0.01 mg/kg to 7.0 mg/kg
on a weekly dosing schedule for four weeks. In addition, four patients were treated with 4.5 mg/kg twice weekly for four weeks.
Of the 28 patients, 14 had refractory disease and the remainder had relapsed disease. The patients had received a median of six
(range three to 11) previous lines of therapy for HL. Nine patients had previously received Adcetris.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The clinical results were first presented to the medical community
by Professor Andreas Engert, University Hospital of Cologne, the lead investigator for the study, at the Lugano International Meeting
on Malignant Lymphoma in 2013. AFM13 showed an acceptable safety profile. An independent data monitoring committee, or IDMC, was
responsible for the review of safety data on an ongoing basis. It was concluded that the maximum feasible single dose of 7 mg/kg
was reached without any toxicity concerns, and consequently the maximum tolerated dose was not reached. The four patients who were
treated with 4.5 mg/kg twice weekly completed treatment without raising any toxicity concerns for the IDMC. The most common adverse
events were fever and chills, and in general, they were of mild to moderate severity. Overall, less than 30% of all adverse events
were severe.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Twenty-six of 28 patients were eligible for efficacy evaluation.
For the remaining two patients, efficacy assessments have not been performed. Of the 26 patients, three had a partial remission,
13 had stable disease and 10 had disease progression as best overall response. With the exception of the 0.04 mg/kg dose cohort,
anti-tumor activity was observed at all dose levels tested but was more pronounced at or above 1.5 mg/kg. In this subgroup (n=13),
3 partial responses (=50% tumor shrinkage) and 7 cases with stable disease were observed, with an overall response rate of 23%
(3/13) and a disease control rate of 77%. The chart below shows for these 13 individual patients the best overall response measured
as a percentage change in tumor volume from baseline (baseline = 0 at the y-axis) The volume is calculated as sum of perpendicular
diameters (SPD) for selected lesions of the tumors based on CT-scans.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AFM13-101 Best Overall Response in
% Change in Tumor Volume from Baseline in 13 Patients who Received <B><U>&gt;</U></B> 1.5 mg/kg</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: Red"><IMG SRC="p56.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Six of seven patients refractory to Adcetris as their most recent
treatment experienced stabilization of disease, or SD, following AFM13 treatment. One experienced progressive disease, or PD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AFM13-101 Data for Patients Refractory
to Adcetris as Immediate Prior Therapy</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 20%"><FONT STYLE="font-size: 10pt"><B>PATIENT</B></FONT></td>
    <td style="width: 13%; text-align: center"><FONT STYLE="font-size: 10pt"><B>AFM13 DOSE (mg/kg)</B></FONT></td>
    <td style="width: 15%; text-align: center"><FONT STYLE="font-size: 10pt"><B># PRIOR TREATMENTS</B></FONT></td>
    <td style="width: 27%; text-align: center"><FONT STYLE="font-size: 10pt"><B>MOST RECENT TREATMENT</B></FONT></td>
    <td style="width: 15%; text-align: center"><FONT STYLE="font-size: 10pt"><B>TIME LAST ADCETRIS-FIRST AFM13</B></FONT></td>
    <td style="width: 10%; text-align: center"><FONT STYLE="font-size: 10pt"><B>AFM BEST RESPONSE</B></FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">001-01</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">0.01 weekly</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">6</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 5 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">1 month</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">SD</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">001-02</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">0.01 weekly</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">7</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 8 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">1 month</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">SD</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">001-07</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">0.15 weekly</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">11</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 7 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">3 months</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">SD</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">001-11</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">0.5 weekly</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">7</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 5 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">3 months</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">SD</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">001-12</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">0.5 weekly</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">7</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 9 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">1 month</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">SD</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">003-01</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">0.5 weekly</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">9</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 4 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">1.5 months</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">SD</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">001-21</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">4.5 twice</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">8</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">Adcetris, 8 cycles</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2.5 months</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">PD</FONT></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain biomarkers indicated dose-dependent effects suggesting
most active doses at or above 1.5 mg/kg. PK data were assessed in patients of all dosing cohorts. A dose proportional increase
of systemic exposure (AUC0-<FONT STYLE="font-family: Sans-Serif; font-size: 9pt; color: Black"><B>&deg;&deg;</B></FONT><B><FONT STYLE="font-family: Sans-Serif; font-size: 9pt; color: Red">
</FONT></B>(or Area Under the Curve from zero to infinity in a plot of the concentration of the drug in blood plasma against time,
which represents the total drug exposure over time) and Cmax (or the maximum (or peak) concentration of the drug measured in plasma
after the drug has been administered)) was observed. AFM13 was detectable in peripheral blood up to 168 hours post infusion in
the highest dosing cohort. The mean half-life (t1/2) for dose cohorts <U>&gt;</U> 1.5 mg/kg was 9-19 hours. AFM13 treatment resulted
in an increase of activated NK-cells, which are characterized by CD69 expression at their surface. There was a trend showing that
higher doses result in a more pronounced increase of CD69+ NK-cells. Moreover, CD69 levels rose after AFM13 administration and
fell to about baseline prior to the next dose (see figure below), indicating a pattern that reflected the PK of AFM13. All 28
patients in the study had measurable levels of soluble CD30, or sCD30, at the start of AFM13 treatment. sCD30 is shed by the tumor
and measurable in peripheral blood. In 24 patients the level was decreased at the end of treatment. Patients treated in dosing
cohorts <U>&gt;</U> 1.5 mg/kg all had a marked decrease of sCD30.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">AFM13-101: Relative number of activated
(CD69+) NK-cells in patients receiving 7 mg/kg AFM13<BR>
(mean, n=3)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P> <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.25in; color: Red">&nbsp;<IMG SRC="p57.jpg" ALT=""></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Based on the phase 1 data we concluded, together with experts
and authorities, that AFM13 has a favorable safety profile. In addition, AFM13 showed activity in terms of tumor response and
pharmacodynamics (PD), even in Adcetris refractory patients. However, PK and PD indicate that the dose regimen has to be optimized
and that the measured clinical effect is likely to underestimate the potency of AFM13 in HL. Consequently, in the phase 2a proof
of concept study, the dose has to be <U>&gt;</U> 1.5 mg/kg; AFM13 has to be administered more frequently, at least for a certain
time; the treatment duration has to be longer than four weeks; and a second cycle has to be mandatory in patients that showed
benefit from AFM13 treatment in the first cycle, i.e. complete response, partial response or SD.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Hodgkin Lymphoma</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Phase 2a clinical trial</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the second quarter of 2015, a phase 2a proof of concept trial
of AFM13 was initiated by the German Hodgkin Study Group (GHSG) in HL patients that have received all standard therapies and have
relapsed after or are refractory to Adcetris. The primary endpoint is tumor response. We have designed the trial to demonstrate
a response rate of greater than 30% for the selected dose as clinical experts consider a response rate of greater than 30% and
a progression free survival time of greater than six months to be clinically meaningful for this patient population. Duration of
response and progression free survival are secondary endpoints as we believe these time parameters, which indicate durability of
efficacy, may differentiate AFM13 from Adcetris. We expect interim data in the second quarter of 2016 and primary endpoint data
by the end of 2016. The Leukemia and Lymphoma Society, or LLS, has agreed to co-fund this phase 2a HL study, a further indication
of the promise this development candidate holds.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If proof of concept is demonstrated in this phase 2a HL study,
we plan to initiate a phase 2b study in relapsed/refractory HL. The exact design of this study would depend on the results of the
phase 2a study and the end-of-phase-2 meetings with the FDA and European authorities. Because all input has to be considered carefully,
we expect to have the first patient recruited in the registration study in 2017. We anticipate that the trial would run for approximately
2-3 years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We believe that the phase 2b trial could support an application
for registration in relapsed/refractory HL. This belief is based on the fact that AFM13 is being developed for an indication with
high medical need because currently no other established treatment options are available for the targeted patient population. At
the American Society of Hematology (ASH) meeting in December 2014, the first clinical data with two PD-1 checkpoint inhibitors,
nivolumab and pembrolizumab, in refractory HL patients was published. The patient population was similar to the one included in
the AFM13 phase 2a study. These early data showed high response rates, giving rise to breakthrough designation for nivolumab. We
plan to refine our regulatory strategy as we generate additional clinical data for HL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Competent authorities, including the FDA, have regulations in
place that allow for an accelerated approval procedure in indications with high medical need. Recently, Janet Woodcock, Director
of the FDA&rsquo;s Center for Drug Evaluation and Research, summarized the intention of the FDA to help patients by streamlining
drug approval procedures under certain circumstances. There are also numerous precedents for such approval strategies. For example,
Adcetris received accelerated approval in 2011 based on data from an open label phase 2 study in 102 patients with relapsed/refractory
HL. In addition, the FDA in 2014 approved Blincyto (blinatumomab) under breakthrough designation and accelerated review after only
2.5 months review time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We discussed the development strategy of AFM13 with the FDA
in a Scientific Advice Meeting held on February 19, 2014. The FDA stated that although it is possible to attain accelerated approval
based on the strategy we outlined, more data from our clinical development program are needed to assess whether an accelerated
approval procedure is reasonable. Once we are in possession of those data after the conclusion of our phase 2a trial, we intend
to agree with the FDA on the precise requirements for approval in the context of an end-of-phase 2 meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Subsequent development plan for AFM13</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are initially developing AFM13 for patients with relapsed/refractory
HL, and we believe that AFM13 could have a broader application because it targets CD30, which is present on many cancer indications
with a high unmet medical need.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are also supporting an investigator-sponsored phase
1b/2a clinical trial of AFM13 in patients with CD30+ lymphoma conducted by Columbia University for which Columbia submitted
an IND to the FDA that has since become effective. In patients with lymphomas that are accessible through the skin, this
study will be designed to allow for serial biopsies and therefore to interrogate the NK-cell biology and tumor cell killing
within the tumor microenvironment when tumor tissue is exposed to AFM13. Such biopsies will also be useful to assess initial
&ldquo;pseudoprogression&rdquo;, that is the initial swelling of the tumor due to immune cell infiltration rather than tumor
progression.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Based on its safety profile, AFM13 is suitable not only for
monotherapy, but also as combination therapy.We are continuing to perform preclinical studies investigating the combination of
AFM13 with CPIs and checkpoint agonists, or CPAs (collaboration with Stanford University), and lenalidomide (collaboration with
Mayo Clinic). We believe that AFM13 and immunomodulators administered together could lead to greater tumor cell killing because
these molecules may have a synergistic anti-tumor effect involving both NK-cells and T-cells. In preclinical animal studies of
HL using both patient derived xenograft (PDX) and immune cells from blood (PBMCs), the established tumor was treated with AFM13
and CPIs/CPAs (anti-PD-1, anti-CD137 and anti-CTLA4) both alone and in combination. While the single agent treatment showed a significant
reduction in tumor growth for most molecules when compared to the control treatment group (irrelevant IgG), all combinations of
AFM13 and CPI/CPA showed enhanced anti-tumor efficacy [see graph]. We also analyzed the change in intra-tumoral lymphocyte population
compared to IgG treatment. It was observed that in all AFM13-treated animals (as a single agent and in all combinations), the NK-cell
population in the tumor increased. In addition, while there was no increase of T-cells in animals treated with only AFM13 or CPIs/CPAs,
there was an increase of cytotoxic T-cells detected in animals treated with AFM13 in combination with a CPI/CPA. These results
provide the rationale for the investigation of combinations with AFM13 in the clinical setting, initially focusing on PD-1. Final
data on the combination with CPIs/CPAs were presented at the American Society of Clinical Oncology (ASCO) annual meeting in 2015.
Based on the preclinical data, we are planning to initiate a clinical phase 1b study investigating the combination of AFM13 with
Merck&rsquo;s anti PD-1 antibody KEYTRUDA<SUP>&reg;</SUP> in patients with relapsed/refractory HL in the first half of 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 64 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center; color: Red"><IMG SRC="p59.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; color: Red">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Another combination partner of interest is lenalidomide. Lenalidomide
is approved for the treatment of multiple myeloma and is known to modulate the patient&rsquo;s immune system, e.g. by activation
of NK-cells. In collaboration with an academic site preclinical experiments investigating the combination of lenalidomide with
AFM13 are currently in preparation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM11</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Overview</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM11 is a T-cell TandAb that we have engineered to bind with
high affinity to both the CD19 receptor on certain tumor cells and CD3, a component of the T-cell receptor complex. CD19 is expressed
on multiple B-cell malignancies, including various forms of NHL, ALL and CLL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM11 has three advantageous characteristics:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>To activate CD3 on the T-cell, AFM11 needs to bind to both targets. Thus, if there is a lack of CD19+ cells, no T-cell activation
can be expected.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>AFM11 has a molecular weight of 104 kDa. As shown for AFM13, which has a similar molecular weight, we believe AFM11 should
have a half-life that allows for administration through intravenous infusion over one to four hours rather than continuous infusion
(as needed for blinatumomab, which has a molecular weight of 55 kDa).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>AFM11 is characterized by a high affinity to CD3, resulting in greater cytotoxic potency, especially at low T-cell counts.
We believe that this may be important in immunocompromised patients.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The most promising clinical data for patients with relapsed/refractory
B-cell malignancies is with Blincyto (blinatumomab), a bispecific antibody with the same disease target and immune cell target
as AFM11 (CD19/CD3). Blincyto has meanwhile been approved for the treatment of Philadelphia chromosome-negative relapsed or refractory
B-cell precursor acute lymphoblastic leukemia (ALL). The response rates observed with this molecule in clinical trials with patients
with ALL are higher than those obtained with other experimental and approved treatments used currently in the salvage setting.
Moreover, in ALL trials the complete responses were all molecular responses, that is CD19+ cells were completely ablated such that
none were detectable with the most sensitive techniques available. Molecular response means absence of minimal residual disease,
which is a predictor of long-term outcome, and hence this therapy may translate into extended progression-free survival and also
overall survival.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The preclinical data that we have accumulated to date suggest
that AFM11 appears to be well differentiated from blinatumomab. AFM11 has a molecular mass of 104kD, which should allow intravenous
administration over one to four hours rather than continuous infusion, which is necessary for blinatumomab and requires initial
hospitalization for monitoring followed by an at-home portable pump over a period of up to eight weeks. In preclinical studies
comparing AFM11 to a reference molecule made with the same sequence as blinatumomab, AFM11 showed a 100-fold higher affinity to
the CD3 receptor, resulting in greater cytotoxic potency. Unlike the reference compound for blinatumomab, for which cytotoxic potency
decreases at lower effector cell to tumor cell ratios, AFM11&rsquo;s cytotoxic potency remains constant. Specifically, when tumor
cells are 5x the number of T-cells (effector cell to tumor cell or E:T = 0.2), AFM11&rsquo;s potency is 40-fold higher than that
of blinatumomab (figure below, left). In another experiment, AFM11 led to more complete tumor cell lysis (death) at low T-cell
counts when compared to a blinatumomab reference compound (figure below, right). These findings may be of clinical importance because
patients that have been treated with chemotherapy suffer from lymphopenia with a significant reduction in absolute T-cell numbers.
These findings could theoretically also be of significance in tumor masses, which are poorly vascularized and to which T-cells
have limited access.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Cytotoxic potency (effective concentration
(EC) for 50% cell lysis) of AFM11 in comparison to a reference compound with the same sequence as blinatumomab at various effector
cell (T-cell) to tumor cell ratios. Left: cytotoxicity (stronger, if lower EC50); right: % cell lysis at 10 pM antibody concentration.</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; text-align: center; margin-bottom: 0pt; color: Red"><IMG SRC="p60.jpg" ALT=""></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in; color: Red">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Clinical Development of AFM11</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">AFM11-101 phase 1 dose escalation clinical
trial</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In May 2014 we initiated a phase 1 clinical trial
to assess the safety of AFM11 originally in patients with relapsed/ refractory CD19+ NHL and ALL. AFM11 is being
administered using doses from 0.0003 up to 2.5 &micro;g/kg per infusion. Patients with several subtypes of NHL will be
included as long as they have received at least one rituximab-based chemotherapy regimen. In the third quarter of 2015 the
study was  amended and recruitment is ongoing investigating a modified dosing regimen in NHL. We believe that the new,  less
frequent dosing regimen provides a better opportunity to investigate potential benefits of AFM11 related to the molecular
characteristics of TandAbs, i.e. the longer half-life compared to BITEs and the higher affinity to T-cells.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, patients with NHL and ALL are now being investigated
in two separate studies using different dosing regimens. The phase I study in ALL is expeted to be initiated in the first half
2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The objectives of the studies are to determine the safety and
tolerability of increasing doses of a single cycle of AFM11 monotherapy; to determine the maximum tolerated dose or optimal biological
dose; to assess the PK of AFM11 in plasma; to assess the biological activity of AFM11; to assess PD markers in blood; to assess
the anti-tumor activity of AFM11; and to recommend the dose for phase 2a studies in NHL and ALL patients, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The duration of the trials and number of patients treated will
vary depending on the number of dose escalations. After implementation of the major amendment we anticipate that first data in
NHL patients are available by the end of 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 66 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Subsequent development plan for AFM11</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If our phase 1 clinical trial of AFM11 is successful, we may
consider a number of options for the clinical development of AFM11. Our current clinical development plan focuses on NHL, in particular
the subtypes DLBCL, FL and MCL. Upon conclusion of our phase 1 clinical trial, we will decide which, if any, NHL subtype we wish
to develop AFM11 for.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM21</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our third TandAb program, AFM21, is in preclinical development.
AFM21 selectively binds Epidermal Growth Factor Receptor variant III, or EGFRvIII, a receptor that appears to be highly specific
for certain solid tumors and is prominent in a significant proportion of patients with glioblastoma, hormone refractory prostate
cancers and head and neck cancers. AFM21 also binds CD3, directing T-cells to destroy tumor cells that carry EGFRvIII. Through
our access to proprietary antibody libraries, we isolated an antibody that binds to EGFRvIII but not to wild-type EGFR, which is
also expressed on many healthy tissues. In preclinical studies, AFM21 has demonstrated an ability to selectively kill EGFRvIII-carrying
cells and not those expressing wild-type EGFR. In parallel to AFM21 we have also initiated development of an EGFRvIII/CD16A NK-cell
TandAb, AFM22. We will compare the preclinical efficacy of both TandAb molecules and thereafter decide which one to advance into
IND-enabling studies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Binding of AFM21 to EGFRvIII (upper
curve, KD= 0.39 nM) and wild-type EGFR (EGFRwt, lower curve), the latter showing zero response<BR>
(no binding)</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="p61.jpg" ALT="">&nbsp;</P> <P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; color: Red">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM22</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">AFM22 is an EGFRvIII/CD16A NK-cell TandAb,
which is in preclinical development addresses the same target in some solid tumors as AFM21.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 67 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM24</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AFM24 is an additional CD16A NK-cell TandAb targeting a validated
solid tumor target, EGFR-wild type. AFM24 has been engineered and characterized preclinically.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Based on pre-clincal data currently generated
with AFM21, AFM22 and AFM24, we will decide which one to advance into IND-enabling studies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck is our wholly owned, independently operated proprietary
antibody screening platform company. AbCheck combines three different technologies to supply high-quality antibodies to us as well
as others on a fee-for-service basis. AbCheck offers phage display antibody libraries, yeast display and affinity maturation algorithm
technologies. AbCheck is recognized for its expertise in antibody discovery throughout the United States and Europe and has been
working with globally active pharmaceutical companies such as Eli Lilly, Daiichi Sankyo, Pierre Fabre and others.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Phage display antibody libraries</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck owns three phage display antibody libraries: a natural
library, a synthetic library and a semisynthetic library, the latter designed to achieve reliable folding and high expression.
These proprietary and validated libraries comprise a total of about 1010 sequentially and structurally diverse antibodies and ensure
the fast and reliable discovery of highly specific and highly affine human antibodies for virtually every possible target protein.
AbCheck has conducted more than 30 successful antibody discovery projects, including antibodies against complex cell surface receptors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Yeast display</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck uses yeast display to screen for enhanced expression
levels and stability of antibodies and thereby select candidates that can be manufactured with high yield and are stable. The yeast
system guarantees expression of the product candidate in customary cell culture systems. Furthermore, yeast display in combination
with fluorescence activated cell sorting allows real-time monitoring and full control over the selection process. Screening in
the final drug format, including full-length IgGs and novel antibody formats, ensures a fast and efficient lead discovery process.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Affinity maturation algorithm</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck has a proprietary algorithm, AbAccel, for incorporating
the results of high-throughput antibody sequencing, structural analysis and therapeutic biochemistry to optimize antibodies with
regard to affinity, immunogenicity, stability and expression levels.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">SuperHuman Library</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck uses the SuperHuman library, an engineered library that
aims to overcome current limitations of both fully synthetic and natural antibody libraries. The used design principles aim at
providing a curated diversity that enriches drug-worthy frameworks in the resulting library and excludes frameworks that carry
known biochemical liabilities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Mass Humanization</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">AbCheck has developed the mass humanization technology in partnership
with Distributed Bio. It is an entirely new approach for multi-parameter engineering and optimization of monoclonal therapeutics.
By analyzing the mutated repertoire of rabbits and humans, AbCheck was able to pre-compute and pre-encode the complete humanization
landscape in a &quot;mass humanization&quot; technology, in which they humanize the <I>in vivo</I> immune response of a rabbit
in a single experiment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Collaborations</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have entered into strategic collaborations for some of our
therapeutic programs. As part of our business development strategy, we aim to increase the number of our research collaborations
in order to derive further value</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 68 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">from our platforms and additionally exploit their potential.
Key terms of our current material collaborations are summarized below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Amphivena</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Overview</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In 2013, we entered into a license and development agreement,
which amended and restated a 2012 license agreement, with Amphivena Therapeutics, Inc., or Amphivena, based in San Francisco, CA,
to develop a CD33xCD3 Tandab Antibody to be used in patients suffering from AML in exchange for an interest in Amphivena and certain
milestone payments. Amphivena received funding from MPM Capital, Aeris Capital and us. Amphivena has also entered into an agreement
with Janssen that gives Janssen the option to acquire Amphivena upon predetermined terms following acceptance by the FDA of an
IND filing for the product candidate. Affimed has successfully reached its first three milestones, up to the generation and acceptance
of a CD33xCD3 development candidate TandAb meeting certain target features. The third milestone was reached in the first quarter
of 2015. Following the achievement of the third milestone of the Amphivena collaboration we were eligible to receive a milestone
payment of &euro;7.5 million payable in three installments. The first installment of &euro;1.3 million was paid in the first quarter
of 2015, and the second installment of &euro;4.2 million was paid in October 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In exchange for the technology license to Amphivena, we received
shares of stock of Amphivena, and, in connection with an equity financing involving us and other third-party investors, we made
cash investments in Amphivena in exchange for additional shares of stock and entered into certain related agreements governing
our rights as a shareholder of Amphivena. As of December 31, 2015, those cash investments totaled $ 900,000 (&euro;732,619), and
we owned approximately 21% of the outstanding equity of Amphivena on a fully diluted basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Amphivena has separately entered into a warrant agreement with
Janssen Biotech Inc. that gives Janssen the option to acquire Amphivena following IND acceptance by the FDA of such product candidate,
upon predetermined terms, in exchange for payments under the warrant. Janssen is obligated to make payments to Amphivena under
the warrant upon Amphivena&rsquo;s achievement of specified milestones under the license and development agreement described below.
Amphivena must use commercially reasonable efforts to research and develop the product candidate and carry out the corresponding
development program. Affimed has successfully reached its first three milestones, including the selection and acceptance of a development
candidate meeting the pre-specified criteria. In the event Amphivena fails to conduct any material development activity for a specified
period or other important events defined in the warrant agreement that would prevent Amphivena from continuing the development
program, among other rights, Janssen has the option to purchase Amphivena and/or to exercise an exclusive license under certain
intellectual property controlled by Amphivena. In this situation, Janssen must still make certain reduced milestone payments ranging
from low single digits to the low teen millions. Such payments will be made to Amphivena if Janssen elects to purchase Amphivena,
or to us if Janssen exercises the right to license that certain intellectual property, as discussed above. The warrant agreement
may be terminated at any time by mutual consent of Amphivena and Janssen and automatically terminates upon Janssen&rsquo;s failure
to exercise the warrant once the exercise option is triggered, or to make payments required under the agreement. Janssen also may
unilaterally terminate the warrant agreement upon specified events causing safety concerns, if the equity investors do not meet
their funding obligations to Amphivena, or at any time provided that all milestone payments have been paid (regardless of whether
such payments have become due).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We will receive payments (i) for research and development services
to be provided by us under a license and development agreement entered into with Amphivena (as discussed below) and (ii) as a shareholder
of Amphivena in the low-to-mid teen millions, if Amphivena is acquired by Janssen pursuant to the terms of the warrant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">License and development agreement</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Overview. Pursuant to the July 2013 license and development
agreement between Amphivena and us, we will perform certain services for Amphivena related to the development of a product candidate
for hematological malignancies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Licenses</I>. Pursuant to the license and development agreement,
we have granted Amphivena certain product and technology licenses, each of which includes the right to grant sublicenses to its
affiliates or third parties through multiple tiers, subject to certain notice requirements, including the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 69 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>an exclusive, worldwide, royalty-free license under the TandAb technology to research, develop, make, have made, use and commercialize
any TandAb developed under the agreement;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>a non-exclusive, worldwide, royalty-free license under other antibody-specific intellectual property we control to research,
develop, make, have made, use and commercialize any TandAb developed under the agreement; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>an exclusive, worldwide, royalty-free license under certain antibody-specific intellectual property we control to research,
develop, make, have made, use and import certain antibodies and portions thereof or products derived therefrom developed under
the agreement.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, we have assigned our right and interest to certain
intellectual property specifically related to certain antibodies covered under the agreement to Amphivena, and Amphivena solely
owns all right, title and interest in certain intellectual property that specifically relates to such antibodies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We and Amphivena have granted exclusive, worldwide, royalty-free
cross-licenses to each other&rsquo;s know-how that is disclosed while the Janssen warrant agreement is in effect and otherwise
not covered by patent rights, for use in connection with the development plan and on certain occasions in which the development
plan continues to be carried out surviving termination of the license and development agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Service fees</I>. In consideration for the research and development
work to be performed prior to IND acceptance by the FDA, Amphivena will pay to us service fees totaling approximately &euro;16
million (net of our share in funding Amphivena) payable according to the achievement of milestones and phase progressions as described
under the license and development agreement. Through December 31, 2015, &euro;14 million (net of our share in funding Amphivena)
has been paid to us under the license and development agreement. In February 2014, we entered into a letter agreement further delineating
the services we will perform for Amphivena.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Exclusivity</I>. During the term of the license and development
agreement, we and our affiliates are prohibited from researching, developing, manufacturing, using or commercializing any compound
or product for the treatment of acute myeloid leukemia (AML), subject to certain limited exceptions relating to services performed
by AbCheck for its customers. We and our affiliates, including AbCheck, are also subject to additional restrictions on researching,
developing, manufacturing, using or commercializing antibodies developed under the agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Term and termination. </I>Unless earlier terminated pursuant
to the terms of the agreement, the license and development agreement terminates upon the completion of all services to be performed
by us under the license and development agreement or any other determination or declaration by Amphivena (in its discretion) that
a specified phase under the license and development agreement has been successfully completed or IND acceptance has been achieved
for a lead candidate. The license and development agreement may also be terminated upon specified technical failures, certain failures
to continue the development program or by either party for the other party&rsquo;s material breach, subject to a specified cure
period, or if the other party undergoes specified bankruptcy or insolvency-related events. Janssen has rights under the license
and development agreement to prevent termination of the agreement in certain situations in accordance with its rights under the
warrant agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">The Leukemia &amp; Lymphoma Society</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Overview</I>. In 2013, we entered into a research funding
agreement with The Leukemia &amp; Lymphoma Society, or LLS, for the clinical development of AFM13. Pursuant to the research funding
agreement, LLS agreed to co-fund the clinical phase 2a development of AFM13 and to contribute up to approximately $4.4 million
(&euro;4.0 million) over two years to support the project. We have agreed to match LLS&rsquo;s contributions toward the project
budget. Our receipt of the $4.4 million total that LLS has agreed to contribute is conditioned on the achievement of certain milestones
in connection with the development of AFM13, four of which have been met. As a result, we have already received $3.3 million in
funds from LLS. We must use the funding provided by LLS exclusively with the development program, and return any excess funding
to LLS. We are solely responsible for and have control over all development work and are obligated to use commercially reasonable
efforts, as defined in the research funding agreement, in our conduct of the development program to achieve the specified milestones.
We also have retained exclusive commercialization and distribution rights to AFM13. The research funding agreement was amended
in April 2014 to amend the projected milestone event dates and modify certain aspects of the agreement regarding the phase 2a study
design.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 70 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Intellectual property and licenses.</I> Each party owns inventions
made and data and know-how generated exclusively by such party or its affiliates prior to and during the term of the research funding
agreement relating to the AFM13 development program. If any of such data, inventions and know-how is jointly made, it is jointly
owned. LLS grants us an exclusive, worldwide, fully paid-up license to its rights in any such joint inventions and any invention
made by any LLS employee resulting from the AFM13 development program for purposes specified in the research funding agreement.
We have granted LLS an exclusive license to AFM13 that is only effective if we have ceased, or ceased commercially reasonable efforts
with respect to, research, development and commercialization of all AFM13 products for a specified period, which period may be
extended. As an alternative to this license, we may elect to pay LLS a payment equal to the amount that LLS actually funded to
us plus interest. LLS has agreed to make reasonable adjustments and accommodations to this license in the event it impedes our
ability to seek a partner to commercialize AFM13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Royalties</I>. In consideration of LLS&rsquo;s payments to
us, we have agreed to pay LLS a mid-single digit royalty on net sales of products containing AFM13 until we have paid LLS a low
single digit multiple of the funding they provided to us. After we have reached this initial royalty cap, we will pay LLS a sub-single
digit royalty on net sales until the earlier of (i) the expiration of the last to expire patent covering the AFM13 products and
(ii) ten years after the initial royalty cap is satisfied. These royalty payments are calculated on a country-by-country and product-by-product
basis. We have also agreed to make certain low-to-mid-single digit royalty payments to LLS in the event of certain transfers of
rights to any product containing AFM13 or in the event we undergo certain change of control transactions, in each case up to the
royalty cap described above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Term and termination.</I> Unless earlier terminated pursuant
to the terms of the agreement, the research funding agreement terminates when there are no longer any payment obligations owing
from one party to another. The research funding agreement may be terminated by either party for the other party&rsquo;s material
breach, material violation of applicable law, or if a representation or warranty made by the other party in the research funding
agreement is not true in any material respect, subject to a specified cure period. If LLS terminates for our default, our royalty
obligations and the interruption license will survive such termination. Either party may terminate if the other party undergoes
specified bankruptcy or insolvency-related events.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">License Agreements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">DKFZ</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Overview.</I> In June 2006, we amended a 2001 license agreement
with Deutsches Krebsforschungszentrum, Heidelberg, or DKFZ. Under the agreement, as amended, we obtained a worldwide, royalty-bearing
license under specified DKFZ patent rights to make, have made, use, sell and have sold licensed products and to practice licensed
commercial services, which specifically excludes services that are paid for with government grant funding. We have developed our
TandAb technology under the licensed patent rights. In connection with the agreement, as amended, we issued DKFZ 350 shares of
our Series C preferred shares, which were subsequently converted into Series D preferred shares in the equivalent amount of &euro;50,000
and made a &euro;35,000 cash payment to DKFZ. We are also required to pay DKFZ a low single digit royalty on net sales, as defined
in the agreement, of licensed products and services and a mid-single digit percentage of income we receive in connection with granting
a third party a sublicense of our rights under the license agreement. If we grant a sublicense in connection with entering into
a cross-licensing arrangement with one or more third parties, we are obligated to make a lump-sum payment of DM 70,000 (&euro;35,790)
to DKFZ following the execution of each such sublicense. We are obligated to make the above royalty payments to DKFZ during the
term of the licensed patents and for the two years following the expiration of the licensed patents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Patent rights.</I> DKFZ retains the right to use the licensed
patent rights for scientific purposes. We are obligated to inform DKFZ of improvements relating to or similar to the licensed patent
rights, licensed products or licensed services and DKFZ has the right to use these improvements for scientific purposes. DKFZ retains
responsibility for the prosecution and maintenance of the licensed patent rights, but we are obligated to reimburse DKFZ for costs
and expenses incurred in connection with the prosecution, maintenance and defense of the licensed patent rights.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Exclusivity.</I> DKFZ originally granted us an exclusive
license to the licensed patent rights for an already-expired initial period. The validity of the exclusive license automatically
renews for subsequent one year terms unless either party provides written notice of a modification at least three months prior
to the expiration of the then-current one-year term. No such modification has been issued by either party to date, and the license
is in force on an exclusive</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 71 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->65<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">basis with respect to the licensed patent rights that relate
to our TandAb antibody platform including our key product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Term and termination.</I> The license agreement will terminate
with the expiration of the last to expire licensed patent unless terminated earlier. Either party may terminate the license agreement
for the other party&rsquo;s material breach, subject to a cure period. DKFZ may terminate the license agreement if we fail to meet
certain diligence milestones with respect to commercialization, subject to certain exceptions. DKFZ may terminate by providing
a specified period of prior written notice if we undergo certain insolvency or bankruptcy-related events.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">XOMA</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Overview and research license granted to us</I>. In September
2006, we entered into a license agreement with Xoma Ireland Limited, or XOMA. Pursuant to the agreement, XOMA granted us a worldwide,
fully paid-up, royalty-free, non-exclusive and non-transferable license to conduct research on immunoglobulins under certain patent
rights and know-how owned or otherwise controlled by XOMA. We refer to this research-only license grant as the &ldquo;research
license.&rdquo; The research license grants us the right to identify, select, isolate, purify, characterize, study and/or test
immunoglobulins using XOMA&rsquo;s antibody phage display technologies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Options to license granted to us</I>. XOMA also granted us
options, exercisable on an immunoglobulin-by-immunoglobulin basis, to obtain certain additional manufacturing or commercialization
rights, including an option to obtain a worldwide, non-exclusive, non-transferable license under the licensed XOMA patent rights
and know-how to make or have made (in a prokaryote and without use of a dicistronic construct), use, sell, offer to sell, import
and otherwise commercialize immunoglobulins discovered, isolated or optimized under the research license for the diagnosis, treatment,
prevention or prophylaxis of any human condition or disease. Unless XOMA grants us such a license, we are prohibited from commercializing,
licensing or developing any immunoglobulin discovered, isolated or optimized under the research license. XOMA is not required to
grant us a license upon our exercise of the option, unless the other provisions of the license agreement are complied with, including
the requirement that we provide XOMA a specified form of prior written notice detailing the immunoglobulin with respect to which
we wish to obtain a license. In addition, XOMA is not required to grant us such a license if the relevant immunoglobulin is already
the subject of an exclusive license granted by XOMA to a third party or if XOMA can provide evidence of a bona fide development
program for any immunoglobulin that binds to the same target as the immunoglobulin that is the subject of our request for a license
pursuant to the option. For each immunoglobulin for which we obtain such a commercialization license pursuant to our exercise of
the option, we are obligated to make milestone payments upon the occurrence of certain clinical and regulatory events. For each
immunoglobulin, if all milestone events under the commercialization license are achieved, the aggregate milestone payments could
total $350,000. In addition, we are obligated to pay XOMA a low single digit percentage royalty on net sales on a country-by-country
and immunoglobulin-by-immunoglobulin basis, until the later of the expiration of the last-to-expire valid patent claim in the relevant
country or the tenth anniversary of the first commercial sale of the corresponding product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Our obligations.</I> We are required to use commercially
reasonable efforts until phase 3 clinical trials to exploit the licensed patent rights in order to maximize the potential payments
to XOMA under the license agreement. Both the research license and the license to commercialize specific immunoglobulins, if granted,
would also extend to certain of our third-party collaboration partners, subject to the satisfaction of specified requirements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>License granted to XOMA.</I> Pursuant to the agreement, we
granted XOMA, its third-party development partners and its qualifying third-party licensees and licensors, a fully paid-up, non-exclusive,
royalty-free, worldwide license (or sublicense, as the case may be) under certain of our patent rights relating to antibody phage
display and certain patents that we in-license pursuant to specified license agreements to engage in research and to discover,
isolate, optimize, develop, offer to use, use, offer for sale, sell, make, have made, export and import immunoglobulins or any
product containing or comprising an immunoglobulin. XOMA may grant sublicenses to the extent reasonably necessary for XOMA, its
development partners, and its licensees to license, develop, commercialize or otherwise enjoy the benefit of an immunoglobulin
or other composition of matter or article of manufacture discovered, isolated, characterized or optimized by XOMA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Term.</I> The licenses we receive from XOMA under the agreement
will remain in effect until the later of (i) ten years from the first commercial sale of the last immunoglobulin to be launched
pursuant to a commercialization license granted by XOMA following our option exercise, or (ii) the expiration of the last to expire
of the licensed XOMA</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 72 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">patent rights. The licenses we grant to XOMA and any XOMA development
partners or licensees remain in effect until the last of the licensed patent rights expire.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Termination.</I> Either party may terminate the licenses
granted to the other party pursuant to the agreement for the other party&rsquo;s uncured material breach or insolvency. XOMA may
elect to terminate our license rights if we undergo a qualifying change in control or sell substantially all assets related to
antibody discovery, subject to certain limited exceptions. Termination of the agreement does not alter the rights or licenses granted
to XOMA, its third-party development partners, any XOMA licensee or any applicable third-party licensees and licensors with respect
to immunoglobulins, compositions of matter and other articles of manufacturing existing as of the effective date of termination,
which would continue to be licensed pursuant to the terms of the agreement until the expiration of the last to expire of the applicable
patent rights. In addition, our obligation to make the milestone and royalty payments, if applicable, will survive termination
of the agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Intellectual Property</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Overview</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We strive to protect the proprietary technologies that we believe
are important to our business, including seeking and maintaining patent protection intended to protect, for example, the composition
of matter of our product candidates, their methods of use, the technology platforms used to generate them, related technologies
and/or other aspects of the inventions that are important to our business. We also rely on trade secrets and careful monitoring
of our proprietary information to protect aspects of our business that are not amenable to, or that we do not consider appropriate
for, patent protection.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We plan to continue to expand our intellectual property estate
by filing patent applications directed to dosage forms, methods of treatment and additional compositions created or identified
from our technology platforms and ongoing development of our product candidates. Specifically, we seek patent protection in the
United States and internationally for novel compositions of matter directed to aspects of the molecules, basic structures and processes
for manufacturing these molecules and the use of these molecules in a variety of therapies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our success will depend significantly on our ability to obtain
and maintain patent and other proprietary protection for commercially important technology, inventions and know-how related to
our business, defend and enforce our patents, maintain our licenses to use intellectual property owned by third parties, preserve
the confidentiality of our trade secrets and operate without infringing the valid and enforceable patents and other proprietary
rights of third parties. We also rely on know-how, continuing technological innovation and in-licensing opportunities to develop,
strengthen, and maintain our proprietary positions. To date, we have not identified any potential infringement of our patents by
third parties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A third party may hold intellectual property, including patent
rights that are important or necessary to the development of our product candidates or use of our technology platforms. It may
be necessary for us to use the patented or proprietary technology of third parties to commercialize our product candidates, in
which case we would be required to obtain a license from these third parties on commercially reasonable terms, or our business
could be harmed, possibly materially.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Our Platforms and Programs</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The patent portfolios for our most advanced programs are summarized
below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">AFM13</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We own and/or control our AFM13 (CD30 NK-cell TandAb) patent
portfolio, which includes three patent families. Our first patent family is issued and relates to the engineered antibody format,
which is called TandAb, and the methods of making or using such bispecific, tetravalent domain antibodies. This patent family will
expire in 2019. The patents are granted in several major markets, including Australia, Canada, Europe (Austria, Belgium, Denmark,
France, Germany, Great Britain, Italy, the Netherlands, Spain, Sweden and Switzerland/Liechtenstein), Japan and the United States.
The second patent family on AFM13 is granted for the use of the specific target combination for the treatment of cancer using a
bispecific molecule. This patent family is granted in Europe (Austria, Belgium, France, Germany, Great Britain, Ireland, Italy,
the Netherlands, Spain and Switzerland/Liechtenstein) and will expire in 2020. Our third patent family relates to the mode of action
of AFM13, the recruitment of immune effector</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 73 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">cells via a specific receptor. These patents will expire in
2026. We filed a related PCT application which entered the national phases in Australia, Brazil, Canada, China, Europe, Japan,
Russia, India and the United States. Any patents resulting from these patent applications, if issued, also will expire in 2026.
Patents have been granted in Australia, India, Russia, Europe (France, Great Britain, Germany, Switzerland and Liechtenstein, Belgium,
Netherlands, Italy, Spain, Austria, Denmark and Sweden) and claims have been allowed in the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">AFM11</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We own and/or control our AFM11 patent portfolio. This portfolio
includes one patent family granted in Australia, Canada, Europe, Japan and the United States and one patent family pending in Australia,
Brazil, Canada, China, Europe, Japan, Mexico, Russia and the United States. As in the case of AFM13, our issued patents relate
to the engineered antibody format, which is called TandAb, and on which the AFM11 compound is based upon. These patents will expire
in 2019. The pending patent application family claims a new TandAb structure which was specifically used in AFM11 to increase its
potency. If issued, such patents will expire in 2030.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">AFM21</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We own and/or control the patents which cover our EGFRvIII/CD3
compound. This includes one granted patent family which is, comparable to AFM11 and AFM13, the patents on the TandAb format issued
in Australia, Austria, Belgium, Canada, Denmark, France, Germany, Great Britain, Italy, Japan, the Netherlands, Spain, Sweden,
Switzerland/Liechtenstein and the United States. We filed a PCT application relating to specific EGFRvIII/CD3 compounds. If issued,
patents resulting from this PCT application will expire in 2034.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">AFM22</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We own and/or control the patents which cover our EGFRvIII/CD16A
compound. This includes one granted patent family which is, comparable to AFM11 and AFM13, the patents on the TandAb format issued
in Australia, Austria, Belgium, Canada, Denmark, France, Germany, Great Britain, Italy, Japan, the Netherlands, Spain, Sweden,
Switzerland/Liechtenstein and the United States. We filed a PCT application relating to specific EGFRvIII/CD3 compounds. If issued,
patents resulting from this PCT application will expire in 2034. As for AFM13, another patent family relates to the mode of action,
recruiting of immune effector cells via a specific receptor, and will expire in 2026. Patents have been granted in Australia, India,
Russia, Europe (France, Great Britain, Germany, Switzerland and Liechtenstein, Belgium, Netherlands, Italy, Spain, Austria, Denmark
and Sweden) and claims have been allowed in the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-align: left">AFM24</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We own and/or control the patents which cover our EGFRwt/CD16A
compound. This includes one granted patent family which is, comparable to AFM11 and AFM13, the patents on the TandAb format issued
in Australia, Austria, Belgium, Canada, Denmark, France, Germany, Great Britain, Italy, Japan, the Netherlands, Spain, Sweden,
Switzerland/Liechtenstein and the United States. We are planning to submit a patent application covering composition of matter
and, if issued patents resulting from this application will expire in 2036. As for AFM13, another patent family relates to the
mode of action, recruiting of immune effector cells via a specific receptor, and will expire in 2026. Patents have been granted
in Australia, India, Russia, Europe (France, Great Britain, Germany, Switzerland and Liechtenstein, Belgium, Netherlands, Italy,
Spain, Austria, Denmark and Sweden) and claims have been allowed in the United States.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">TandAb platform</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We fully control our TandAb platform patent portfolio. The patent
family covers multivalent antibody constructs comprised of four variable domains which are fused by linkers in different length.
The claims with regard to use of such TandAb antibodies cover general diagnostic and therapeutic use, in particular for viral,
bacterial or tumoral diseases. These patents will expire in 2019 and are granted in Australia, Canada, Europe, Japan and the United
States. Another pending patent application covers TandAbs that have a different TandAb structure which shows increased potency.
The application is currently pending in Australia, Brazil, Canada, China, Europe, Japan, Mexico, Russia and the United States and
if issued the patent will expire in 2030. Closely related to the TandAb platform is the Flexibody format. This antibody format
is covered by a patent family, fully owned by us, which is granted in</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 74 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Europe and Japan. A U.S. application is still pending; these
patents and applications (if issued), respectively, will have a term until 2022.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Trispecific Antibodies</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our latest platform development efforts resulted in the successful
generation of trispecific antibody formats, for which we submitted a European patent application in 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">In-Licensed Intellectual Property</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have entered into exclusive as well as non-exclusive patent
and know-how license agreements which grant us the right to develop, use and commercialize our TandAb antibody platform and product
candidates derived thereof. The licenses include obligations to pay development milestones and sales royalties on products we develop
and commercialize that were generated using the patented technologies. Please see &ldquo;&mdash;License Agreements.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">FDA Regulatory Review Process</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Hatch-Waxman Act permits a patent term extension for FDA-approved
drugs of up to five years beyond the expiration of the patent. The length of the patent term extension is related to the length
of time the drug is under regulatory review. Patent extension cannot extend the remaining term of a patent beyond a total of 14
years from the date of product approval and only one patent applicable to an approved drug may be extended. Similar provisions
are available in other jurisdictions to extend the term of a patent that covers an approved drug, or to offer similar protection
for an extended period, as is the case in the European Union. In the future, if and when our pharmaceutical product candidates
receive FDA approval, we expect to apply for patent term extensions on patents covering those products. We intend to seek patent
term extensions to any of our issued patents in any jurisdiction where these are available, however there is no guarantee that
the applicable authorities, including the FDA in the United States, will agree with our assessment of whether such extensions should
be granted, and even if granted, the length of such extensions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Trade Secrets</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We also rely on trade secret protection for our confidential
and proprietary information. Included in our trade secrets are various aspects of our manufacturing process that we conduct in
cooperation with contract manufacturers.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Although we take steps to protect our proprietary information
and trade secrets, including through contractual means with our employees, contractors and consultants, third parties may independently
develop substantially equivalent proprietary information and techniques or otherwise gain access to our trade secrets or disclose
our technology. Thus, we may not be able to meaningfully protect our trade secrets. It is our policy to require our employees,
contractors, consultants, outside scientific collaborators, sponsored researchers and other advisors to execute confidentiality
agreements upon the commencement of employment or consulting relationships with us. These agreements provide that all confidential
information concerning our business or financial affairs developed or made known to the individual during the course of the individual&rsquo;s
relationship with us is to be kept confidential and not disclosed to third parties except in specific circumstances. German law
provides that all inventions conceived by the individual, and which are related to our current or planned business or research
and development or made during normal working hours, on our premises or using our equipment or proprietary information, are our
exclusive property. In many cases our confidentiality and other agreements with consultants, outside scientific collaborators,
sponsored researchers and other advisors require them to assign or grant us licenses to inventions they invent as a result of the
work or services they render under such agreements or grant us an option to negotiate a license to use such inventions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Manufacturing</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We express our TandAb product candidates in mammalian cells
(CHO cells) and develop our production processes on a laboratory scale. The research grade material made in our laboratories is
suitable for conducting compound profiling activities. In the course of preclinical development we transfer the process to external
commercial manufacturers (CMOs) which we select according to experience, track record and cost. Before and during the cooperation
with a CMO we conduct audits to assess compliance with the mutually agreed process descriptions and current Good Manufacturing
Practice, or cGMP regulations. Our manufacturers themselves are controlled by their</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 75 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">in-house quality assurance functions and inspected by regulatory
agencies, including European national agencies and the FDA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The technology transfer generally includes the development of
a production cell line, the establishment of master and working cell banks, the development and qualification of upstream and downstream
processes, the development of the drug product process, the development of suitable analytical methods for test and release as
well as stability testing. During the development of our drug candidates, we or our CMOs scale the manufacturing process to suitable
size. Such scaling up takes typically several steps and may involve modification of the process, in which case a renewed qualification
of the manufacturing process with the relevant authorities is required. From our CMOs we receive process development-derived material
for preclinical testing and material meeting cGMP standards for clinical supplies.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We rely on and will continue to rely on our CMOs for both drug
substance and drug product. We seek to establish a good relationship in order to expeditiously solve problems should they arise.
Our contract manufacturers have extensive capacities and a certain flexibility to adjust to demand. Likewise, our manufacturers
purchase and stock materials required for production usually from multiple sources and should therefore be less vulnerable to potential
shortages. Generally, we need to commit to certain manufacturing slots and capacities in advance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have successfully scaled up the AFM13 process and manufacturing
material to meet the clinical drug demands for our clinical trials. We are also working with several external companies to establish
a manufacturing process for the commercial phase. For AFM11 we may need a larger scale process as well, depending on the dose and
regimen that will be determined in our phase 1 study.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Commercialization</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have not yet established a sales, marketing or product distribution
infrastructure because our lead product candidate is still at an early stage in clinical development.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Prior to receiving marketing approvals, we plan to build a focused
sales and marketing organization in the United States to sell our products if and when marketing approval is granted. We believe
that such an organization will be able to address the community of oncologists who are the key specialists in treating the patient
populations for which our product candidates are being developed. Outside the United States, we expect to enter into license, distribution
or other marketing arrangements with third parties to commercialize any of our product candidates that obtain marketing approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We also plan to build a marketing and sales management organization
to create and implement marketing strategies for any products that we market through our own sales organization and to oversee
and support our sales force. The responsibilities of the marketing organization would include developing educational initiatives
with respect to approved products and establishing relationships with thought leaders in relevant fields of medicine.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Competition</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The biopharmaceutical industry is characterized by rapidly advancing
technologies, intense competition and a strong emphasis on proprietary products. While we believe that our technology, knowledge,
experience and scientific resources provide us with competitive advantages, we face potential competition from many different sources,
including major pharmaceutical, specialty pharmaceutical and biotechnology companies, academic institutions and governmental agencies
and public and private research institutions. Any product candidates that we successfully develop and commercialize will compete
with existing therapies and new therapies that may become available in the future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">There is a large number of companies developing or marketing
treatments for cancer disorders, including many major pharmaceutical and biotechnology companies. These treatments consist both
of small molecule drug products, as well as biologic therapeutics that work, among others, either by using next-generation antibody
technology platforms or by new immunological approaches to address specific cancer targets. These treatments are often combined
with one another in an attempt to maximize the response rate. In addition, several companies are developing therapeutics that work
by targeting multiple specificities using a single recombinant molecule, as we are.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Adcetris, an antibody-drug conjugate targeting CD30, was approved
by the FDA in relapsed/refractory HL in 2011. In addition, Adcetris was approved by the FDA in 2015 for the treatment of HL <FONT STYLE="color: #040404">at
high risk of relapse or progression </FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 76 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">following autologous<FONT STYLE="color: #040404"> hematopoietic
stem cell transplantation as consolidation treatment. </FONT>In the European Union, Adcetris is approved for the same indications.
Adcetris is currently being investigated in different settings and in various combinations in HL. Recent data indicate high complete
response rates when combined with ipilimumab or bendamustine in relapsed/refractory HL. If and when AFM13 were to be approved for
patients refractory to Adcetris, we would not compete directly with Adcetris. However, as we develop AFM13 for earlier-line therapies,
for example in combination with other therapies as a second- or even first-line treatment, we would compete with Adcetris, which
is in development for such indications.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Recently, phase 1 clinical data with the anti PD-1 checkpoint
inhibitors nivolumab and pembrolizumab in HL was published in the New England Journal of Medicine and at ASH, respectively. These
early data indicate the potential of anti PD-1 antibodies to cause high response rates in the salvage setting of HL. The FDA has
granted a breakthrough designation for nivolumab in relapsed/refractory HL. Phase 2 studies are reported to be ongoing with nivolumab
and pembrolizumab (registrational intent). Since we are preparing a clinical study of AFM13 in combination with pembrolizumab in
relapsed/refractory HL, we do not necessarily anticipate competing with anti PD-1 antibodies. If AFM13 were to be approved for
HL, we would be in competition with these therapies, as well as any other therapies or combination regimens that comprise the standard
of care that AFM13 could potentially displace. In addition, several agents have reached proof of concept clinical trials in HL,
including, Afinitor&reg; (Novartis AG), ferritarg (MABLife), lirilumab (Innate Pharma), panobinostat (Novartis) and lenalidomide
(Celgene). As of this date, definitive proof of the efficacy and safety of any of the new investigational agents in relapsed/refractory
HL has yet to be obtained, leaving a substantial unmet need in this area for AFM13 to fill.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">With respect to competitors for AFM11,
rituximab has been approved to treat certain types of NHL in both the United States and Europe and is generally combined with a
chemotherapy regimen (typically CHOP or bendamustine). Imbruvica, a small molecule drug targeting malignant B-cells, was approved
by the FDA in 2013 to treat the mantle cell variant of NHL (MCL). Another small molecule drug, Gilead Sciences&rsquo; Zydelig,
was approved by the FDA for the treatment of follicular lymphoma (FL), which is also a variant of NHL. Amgen develops cancer product
candidates which work by targeting receptors both on immune cells and cancer cells, like our TandAbs. Amgen&rsquo;s Blincyto (blinatumomab),
a product based on BiTE (bispecific T-cell engager) technology, is an antibody construct similar to AFM11 and was approved by FDA
and EMA to treat patients with relapsed/refractory Philadelphia chromosome-negative precursor B-cell acute lymphoblastic leukemia
(B-cell ALL). MacroGenics&rsquo; MGD011, a CD19xCD3 DART entered phase I in B-NHL and ALL and is being developed in partnership
with Janssen Biotech. Morphosys is developing an Fc-enhanced anti-CD19 monoclonal antibody (phase II). Regeneron is developing
a bispecific CD20xCD3 antibody for the treatment of NHL, which is currently in phase I. In October 2015, the FDA granted breakthrough
designation to Pfizer`s CD22-targeting antibody-drug conjugate inotuzumab ozogamizin for the treatment of relapsed/refractory B-ALL.
A second CD19-targeting antibody-drug conjugate is being developed by Seattle Genetics and has entered phase II in NHL. Juno Therapeutics,
Novartis, Bellicum, Cellectis and Kite Pharma are developing a therapy using T-cells reengineered with chimeric antigen receptors
(CARs) against CD19-positive B-cells. This therapeutic approach, which utilizes a patient&rsquo;s own T-cells after ex-vivo genetic
modification, is currently being investigated in early stage clinical trials. Although limited data are available, CAR treatments
seem to result in high response rates specifically in ALL.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect that our TandAb and trispecific antibody platforms
will serve as the basis for future product candidates and collaborations with pharmaceutical companies. Other companies also have
developed platform technologies that compete with us. For example, Macrogenics is developing its DART platform, which enables the
targeting of multiple receptors or cells by using a single molecule with an antibody-like structure. Ablynx is also developing
such a platform aimed at multi-receptor targeting, which to date has not reached clinical testing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Many of our competitors have significantly greater financial,
manufacturing, marketing, drug development, technical and human resources than we do. Mergers and acquisitions in the pharmaceutical,
biotechnology and diagnostic industries may result in even more resources being concentrated among a smaller number of our competitors.
Smaller or early stage companies may also prove to be significant competitors, particularly through collaborative arrangements
with large and established companies. These competitors also compete with us in recruiting and retaining top qualified scientific
and management personnel and establishing clinical trial sites and patient registration for clinical trials, as well as in acquiring
technologies complementary to, or necessary for, our programs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The key competitive factors affecting the success of all of
our therapeutic product candidates, if approved, are likely to be their efficacy, safety, dosing convenience, price, the effectiveness
of companion diagnostics in guiding the use</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 77 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">of related therapeutics, our marketing capabilities, the level
of generic competition and the availability of reimbursement from government and other third-party payors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our commercial opportunity could be reduced or eliminated if
our competitors develop and commercialize products that are safer, more effective, have fewer or less severe side effects, are
more convenient or are less expensive than any products that we may develop. Our competitors also may obtain FDA or other regulatory
approval for their products more rapidly than we may obtain approval for ours, which could result in our competitors establishing
a strong market position before we are able to enter the market. In addition, our ability to compete may be affected in many cases
by insurers or other third-party payors seeking to encourage the use of biosimilar products. Biosimilar products are expected to
become available over the coming years. The regulatory requirements in the United States remain to be resolved, although Europe
has already created the regulatory framework to approve biosimilar products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The most common methods of treating patients with cancer are
surgery, radiation and drug therapy. There are a variety of available drug therapies marketed for cancer. In many cases, these
drugs are administered in combination to enhance efficacy. While our product candidates may compete with many existing drug and
other therapies, to the extent they are ultimately used in combination with or as an adjunct to these therapies, our product candidates
will not be competitive with them as such. Some of the currently approved drug therapies are branded and subject to patent protection,
and others are available on a generic basis. Many of these approved drugs are well established therapies and are widely accepted
by physicians, patients and third-party payors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition to currently marketed therapies, there are also
a number of products in late stage clinical development to treat cancer. These product candidates in development may provide efficacy,
safety, dosing convenience and other benefits that are not provided by currently marketed therapies or our drugs. As a result,
they may provide significant competition for any of our product candidates for which we obtain marketing approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If our lead product candidates are approved for the indications
for which we are currently undertaking clinical trials, they will compete with the therapies and currently marketed drugs discussed
elsewhere in this document.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Government Regulation and Product Approval</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Government authorities in all major pharmaceutical markets extensively
regulate, among other things, the research, development, testing, manufacture, packaging, storage, recordkeeping, labeling, advertising,
promotion, distribution, marketing and import and export of pharmaceutical products such as those we are developing. Although our
initial focus will be on the United States and Europe, we will develop and seek marketing approval for our products also in other
countries and territories, such as Canada or Japan, and for markets that follow the leading authorities, such as Brazil or South
Korea. The processes for obtaining regulatory approvals in the United States, Europe and in other countries, along with subsequent
compliance with applicable statutes and regulations, require the expenditure of substantial time and financial resources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">International Conference on Harmonization
(ICH)</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The International Conference on Harmonization of Technical Requirements
for Registration of Pharmaceuticals for Human Use, or the ICH, is a project that brings together the regulatory authorities of
Europe, Japan and the United States and experts from the pharmaceutical industry in the three regions to discuss scientific and
technical aspects of pharmaceutical product registration. The purpose of ICH is to reduce or obviate the need to duplicate the
testing carried out during the research and development of new medicines by recommending ways to achieve greater harmonization
in the interpretation and application of technical guidelines and requirements for product registration. Harmonization would lead
to a more economical use of human, animal and material resources, the elimination of unnecessary delay in the global development
and availability of new medicines while maintaining safeguards on quality, safety, and efficacy, and regulatory obligations to
protect public health.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">ICH guidelines have been adopted as law in several countries,
but are only used as guidance for the FDA. Nevertheless, in many areas of drug regulation ICH has resulted in comparable requirements,
for instance with respect to the Common Technical Document, or the CTD, which has become the core document for filings for market
authorization in several jurisdictions. Thus, ICH has facilitated a more efficient path to markets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 78 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">FDA Approval Process</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">All of our current product candidates are subject to regulation
in the United States by the FDA as biological products, or biologics. The FDA subjects biologics to extensive pre- and post-market
regulation. The Public Health Service Act (PHSA), the Federal Food, Drug, and Cosmetic Act and other federal and state statutes
and regulations govern, among other things, the research, development, testing, manufacture, storage, recordkeeping, approval,
labeling, promotion and marketing, distribution, post-approval monitoring and reporting, sampling, and import and export of biologics.
Failure to comply with applicable U.S. requirements may subject a company to a variety of administrative or judicial sanctions,
such as FDA refusal to approve pending BLAs, withdrawal of approvals, clinical holds, warning letters, product recalls, product
seizures, total or partial suspension of production or distribution, injunctions, fines or civil or criminal penalties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The PHSA emphasizes the importance of manufacturing control
for products whose attributes cannot be precisely defined. The PHSA also provides authority to the FDA to immediately suspend licenses
in situations where there exists a danger to public health, to prepare or procure products in the event of shortages and critical
public health needs, and to authorize the creation and enforcement of regulations to prevent the introduction or spread of communicable
diseases in the United States and between states.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The process required by the FDA before a new biologic may be
marketed in the United States is long, expensive, and inherently uncertain. Biologics development in the United States typically
involves preclinical laboratory and animal tests, the submission to the FDA of an IND (which must become effective before clinical
testing may commence) and adequate and well-controlled clinical trials to establish the safety and effectiveness of the biologic
for each indication for which FDA approval is sought. Developing the data to satisfy FDA pre-market approval requirements typically
takes many years and the actual time required may vary substantially based upon the type, complexity, and novelty of the product
or disease.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Preclinical tests include laboratory evaluation of product chemistry,
formulation, and toxicity, as well as animal trials to assess the characteristics and potential safety and efficacy of the product.
The conduct of the preclinical tests must comply with federal regulations and requirements, including good laboratory practices.
The results of preclinical testing are submitted to the FDA as part of an IND along with other information, including information
about product chemistry, manufacturing and controls, and a proposed clinical trial protocol. Long term preclinical tests, such
as animal tests of reproductive toxicity and carcinogenicity, may continue after the IND is submitted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">An IND must become effective before United States clinical trials
may begin. A 30-day waiting period after the submission of each IND is required prior to the commencement of clinical testing in
humans. If the FDA has neither commented on nor questioned the IND within this 30-day period, the clinical trial proposed in the
IND may begin.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Clinical trials involve the administration of the investigational
new drug or biologic to healthy volunteers or patients with the condition under investigation, all under the supervision of a qualified
investigator. Clinical trials must be conducted: (i) in compliance with federal regulations; (ii) in compliance with good clinical
practice, or GCP, an international standard meant to protect the rights and health of patients and to define the roles of clinical
trial sponsors, administrators, and monitors; as well as (iii) under protocols detailing the objectives of the trial, the parameters
to be used in monitoring safety, and the effectiveness criteria to be evaluated. Each protocol involving testing on U.S. patients
and subsequent protocol amendments must be submitted to the FDA as part of the IND.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The FDA may order the temporary, or permanent, discontinuation
of a clinical trial at any time, or impose other sanctions, if it believes that the clinical trial either is not being conducted
in accordance with FDA requirements or presents an unacceptable risk to the clinical trial patients. The study protocol and informed
consent information for patients in clinical trials must also be submitted to an institutional review board (IRB) for approval.
An IRB may also require the clinical trial at the site to be halted, either temporarily or permanently, for failure to comply with
the IRB&rsquo;s requirements, or may impose other conditions. The study sponsor may also suspend a clinical trial at any time on
various grounds, including a determination that the subjects or patients are being exposed to an unacceptable health risk.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Clinical trials to support BLAs for marketing approval are typically
conducted in three sequential phases, but the phases may overlap or be combined. In phase 1, the biologic is initially introduced
into healthy human subjects or patients and is tested to assess PK, pharmacological actions, side effects associated with increasing
doses, and, if possible, early evidence on effectiveness. In the case of some products for severe or life-threatening diseases,
such</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 79 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">as cancer treatments, initial human testing may be conducted
in the intended patient population. Phase 2 usually involves trials in a limited patient population to determine the effectiveness
of the biologic for a particular indication, dosage tolerance, and optimum dosage, and to identify common adverse effects and safety
risks. If a compound demonstrates evidence of effectiveness and an acceptable safety profile in phase 2 evaluations, phase 3 trials
are undertaken to obtain additional information about clinical efficacy and safety in a larger number of patients, typically at
geographically dispersed clinical trial sites. These phase 3 clinical trials are intended to establish data sufficient to demonstrate
substantial evidence of the efficacy and safety of the product to permit the FDA to evaluate the overall benefit-risk relationship
of the biologic and to provide adequate information for the labeling of the biologic. Trials conducted outside of the US under
similar, GCP-compliant conditions in accordance with local applicable laws may also be acceptable to the FDA in support of product
licensing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Sponsors of clinical trials for investigational drugs must publicly
disclose certain clinical trial information, including detailed trial design and trial results in FDA public databases. These requirements
are subject to specific timelines and apply to most controlled clinical trials of FDA-regulated products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After completion of the required clinical testing, a BLA is
prepared and submitted to the FDA. FDA review and approval of the BLA is required before marketing of the product may begin in
the United States. The BLA must include the results of all preclinical, clinical, and other testing and a compilation of data relating
to the product&rsquo;s pharmacology, chemistry, manufacture and controls and must demonstrate the safety and efficacy of the product
based on these results. The BLA must also contain extensive manufacturing information. The cost of preparing and submitting a BLA
is substantial. Under federal law, the submission of most BLAs is additionally subject to a substantial application user fee, as
well as annual product and establishment user fees, which may total several million dollars and are typically increased annually.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The FDA has 60 days from its receipt of a BLA to determine whether
the application will be accepted for filing based on the agency&rsquo;s threshold determination that it is sufficiently complete
to permit substantive review. Once the submission is accepted for filing, the FDA begins an in-depth review. The FDA has agreed
to certain performance goals in the review of BLAs. Most such applications for standard review biologics are reviewed within ten
months from the date the application is accepted for filing. Although the FDA often meets its user fee performance goals, it can
extend these timelines if necessary, and its review may not occur on a timely basis at all. The FDA usually refers applications
for novel biologics, or biologics which present difficult questions of safety or efficacy, to an advisory committee&mdash;typically
a panel that includes clinicians and other experts&mdash;for review, evaluation, and a recommendation as to whether the application
should be approved. The FDA is not bound by the recommendation of an advisory committee, but it generally follows such recommendations.
Before approving a BLA, the FDA will typically inspect one or more clinical sites to assure compliance with GCP. Additionally,
the FDA will inspect the facility or the facilities at which the biologic is manufactured. The FDA will not approve the product
unless it verifies that compliance with cGMP standards is satisfactory and the BLA contains data that provide substantial evidence
that the biologic is safe and effective in the indication studied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After the FDA evaluates the BLA and the manufacturing facilities,
it issues either an approval letter or a complete response letter. A complete response letter generally outlines the deficiencies
in the submission and may require substantial additional testing, or information, in order for the FDA to reconsider the application.
If, or when, those deficiencies have been addressed to the FDA&rsquo;s satisfaction in a resubmission of the BLA, the FDA will
issue an approval letter. The FDA has committed to reviewing such resubmissions in two or six months depending on the type of information
included. The FDA approval is never guaranteed, and the FDA may refuse to approve a BLA if applicable regulatory criteria are not
satisfied.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the PHSA, the FDA may approve a BLA if it determines that
the product is safe, pure and potent and the facility where the product will be manufactured meets standards designed to ensure
that it continues to be safe, pure, and potent. An approval letter authorizes commercial marketing of the biologic with specific
prescribing information for specific indications. The approval for a biologic may be significantly more limited than requested
in the application, including limitations on the specific diseases and dosages or the indications for use, which could restrict
the commercial value of the product. The FDA may also require that certain contraindications, warnings, or precautions be included
in the product labeling. In addition, as a condition of BLA approval, the FDA may require a risk evaluation and mitigation strategy,
or REMS, to help ensure that the benefits of the biologic outweigh the potential risks. REMS can include medication guides, communication
plans for healthcare professionals, and elements to assure safe use, or ETASU. ETASU can include, but are not limited to, special
training or certification for prescribing or dispensing, dispensing only under certain circumstances, special monitoring, and the
use of patient</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 80 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">registries. The requirement for a REMS or use of a companion
diagnostic with a biologic can materially affect the potential market and profitability of the biologic. Moreover, product approval
may require, as a condition of approval, substantial post-approval testing and surveillance to monitor the biologic&rsquo;s safety
or efficacy. Once granted, product approvals may be withdrawn if compliance with regulatory standards is not maintained or problems
are identified following initial marketing.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After a BLA is approved, the product may also be subject to
official lot release. As part of the manufacturing process, the manufacturer is required to perform certain tests on each lot of
the product before it is released for distribution. If the product is subject to official lot release by the FDA, the manufacturer
submits samples of each lot of product to the FDA together with a release protocol showing a summary of the history of manufacture
of the lot and the results of all of the manufacturer&rsquo;s tests performed on the lot. The FDA may also perform certain confirmatory
tests on lots of some products, such as viral vaccines, before releasing the lots for distribution by the manufacturer. In addition,
the FDA conducts laboratory research related to the regulatory standards on the safety, purity, potency, and effectiveness of biological
products. After approval of biologics, manufacturers must address any safety issues that arise, are subject to recalls or a halt
in manufacturing, and are subject to periodic inspection.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Fast track</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Fast Track program, a provision of the FDA Modernization
Act of 1997, is designed to facilitate interactions between a sponsoring company and the FDA before and during submission of a
BLA for an investigational agent that, alone or in combination with one or more other drugs, is intended to treat a serious or
life-threatening disease or condition, and which demonstrates the potential to address an unmet medical need for that disease or
condition. Under the Fast Track program, the FDA may consider reviewing portions of a marketing application before the sponsor
submits the complete application if the FDA determines, after a preliminary evaluation of the clinical data, that a fast track
product may be effective. A Fast Track designation provides the opportunity for more frequent interactions with the FDA, and a
fast track product could be eligible for priority review if supported by clinical data at the time of submission of the BLA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We plan to apply for a Fast Track designation for AFM13 in patients
with relapsed/refractory HL, both as a monotherapy and as a combination therapy. A submission is planned for the first half of
2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Biosimilars</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Patient Protection and Affordable Care Act, which we refer
to as the Affordable Care Act, signed into law on March 23, 2010, includes a subtitle called the Biologics Price Competition and
Innovation Act of 2009. That Act created an approval pathway authorizing the FDA to approve biosimilars and interchangeable biosimilars.
Biosimilars are biological products which are &ldquo;highly similar&rdquo; to a previously approved biologic product or &ldquo;reference
product&rdquo; and for which there are no clinically meaningful differences between the biosimilar product and the reference product
in terms of safety, purity, and potency. For FDA to approve a biosimilar product as interchangeable with a reference product, the
agency must find that the biosimilar product can be expected to produce the same clinical results as the reference product and,
for products administered multiple times, the biosimilar and the reference biologic may be switched after one has been previously
administered without increasing safety risks or risks of diminished efficacy relative to exclusive use of the reference biologic.
However, complexities associated with the larger, and often more complex, structures of biological products, as well as the processes
by which such products are manufactured, pose significant hurdles to implementation which are still being worked out by the FDA.
To date, no biosimilar or interchangeable biologic has been licensed under the BPCIA framework, although such approvals have occurred
in Europe, and it is anticipated that the FDA will approve a biosimilar in the relatively near future.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A reference biologic is granted 12 years of exclusivity from
the time of first licensure of the reference product. A biosimilar application may be filed four years after the approval of the
reference biologic. Although the patents for the reference biologic may be challenged by the biosimilar applicant during that time
period pursuant to the BPCIA statutory patent challenge framework, no biosimilar or interchangeable product will be licensed by
the FDA until the end of the exclusivity period. The first biologic product submitted under the abbreviated approval pathway that
is determined to be interchangeable with the reference product has exclusivity against other biologics submitted under the abbreviated
approval pathway for the lesser of (i) one year after first commercial marketing, (ii) 18 months after the initial application
if there is no legal challenge, (iii) 18 months after the resolution in the applicant&rsquo;s favor of a lawsuit challenging the
biologics&rsquo; patents if an application has been submitted, or (iv) 42 months after the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 81 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">application has been approved if a lawsuit is ongoing within
the 42-month period. At this juncture, it is unclear whether products deemed &ldquo;interchangeable&rdquo; by the FDA will in fact
be readily substituted by pharmacies, which are governed by state pharmacy law.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Advertising and promotion</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Once a BLA is approved, a product will be subject to continuing
post-approval regulatory requirements. For instance, the FDA closely regulates the post-approval marketing and promotion of biologics,
including standards and regulations for direct-to-consumer advertising, off-label promotion, industry-sponsored scientific and
educational activities and promotional activities involving the internet. Failure to comply with these regulations can result in
significant penalties, including the issuance of warning letters directing a company to correct deviations from FDA standards,
a requirement that future advertising and promotional materials be pre-cleared by the FDA, and federal and state civil and criminal
investigations and prosecutions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Biologics may be marketed only for the approved indications
and in accordance with the provisions of the approved labeling. Changes to some of the conditions established in an approved application,
including changes in indications, labeling, or manufacturing processes or facilities, require submission and FDA approval of a
new BLA or BLA supplement before the change can be implemented. A BLA supplement for a new indication typically requires clinical
data similar to that in the original application, and the FDA uses the same procedures and actions in reviewing BLA supplements
as it does in reviewing BLAs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Adverse event reporting and cGMP compliance</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Adverse event reporting and submission of periodic reports are
required following FDA approval of a BLA. The FDA also may require post-marketing testing, known as phase 4 testing, REMS, and
surveillance to monitor the effects of an approved product, or the FDA may place conditions on an approval that could restrict
the distribution or use of the product. In addition, manufacture, packaging, labeling, storage and distribution procedures must
continue to conform to current cGMPs after approval. Biologics manufacturers and certain of their subcontractors are required to
register their establishments with the FDA and certain state agencies. Registration with the FDA subjects entities to periodic
unannounced inspections by the FDA, during which the agency inspects manufacturing facilities to assess compliance with cGMPs.
Accordingly, manufacturers must continue to expend time, money, and effort in the areas of production and quality control to maintain
compliance with cGMPs. Regulatory authorities may withdraw product approvals, request product recalls, or impose marketing restrictions
through labeling changes or product removals if a company fails to comply with regulatory standards, if it encounters problems
following initial marketing, or if previously unrecognized problems are subsequently discovered.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Orphan drug</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the Orphan Drug Act, the FDA may grant orphan drug designation
to biologics intended to treat a rare disease or condition&mdash;generally a disease or condition that affects fewer than 200,000
individuals in the United States. Orphan drug designation must be requested before submitting a BLA. After the FDA grants orphan
drug designation, the generic identity of the biologic and its potential orphan use are disclosed publicly by the FDA. Orphan drug
designation does not necessarily convey any advantage in, or shorten the duration of, the regulatory review and approval process.
The first BLA applicant to receive FDA approval for a particular product to treat a particular disease with FDA orphan drug designation
is entitled to a seven-year exclusive marketing period in the United States for that product, for that indication. During the seven-year
exclusivity period, the FDA may not approve any other applications to market the same drug for the same disease, except in limited
circumstances, such as a showing of clinical superiority to the product with orphan drug exclusivity. Orphan drug exclusivity does
not prevent the FDA from approving a different biologic for the same disease or condition, or the same biologic for a different
disease or condition. Among the other benefits of orphan drug designation are tax credits for certain research and a waiver of
the BLA application user fee.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have received orphan drug designation for AFM13 for the treatment
of HL in the United States and Europe.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Other healthcare laws and compliance requirements</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the United States, our activities are potentially subject
to regulation by federal, state, and local authorities in addition to the FDA, including the Centers for Medicare and Medicaid
Services, other divisions of the U.S.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 82 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->76<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Department of Health and Human Services (for example, the Office
of Inspector General), the U.S. Department of Justice and individual U.S. Attorney offices within the Department of Justice, and
state and local governments.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">EU Approval Process</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The European Medicines Agency, or EMA, is a decentralized scientific
agency of the European Union. It coordinates the evaluation and monitoring of centrally-authorized medicinal products. It is responsible
for the scientific evaluation of applications for EU marketing authorizations, as well as the development of technical guidance
and the provision of scientific advice to sponsors. The EMA decentralizes its scientific assessment of medicines by working through
a network of about 4,500 experts throughout the European Union, nominated by the member states. The EMA draws on resources of over
40 National Competent Authorities (the NCAs) of EU member states. The Paul Ehrlich Institute, or PEI, is one of the NCAs for Germany,
and regulates, among others, antibody products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The process regarding approval of medicinal products in the
European Union follows roughly the same lines as in the United States and likewise generally involves satisfactorily completing
each of the following:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>preclinical laboratory tests, animal studies and formulation studies all performed in accordance with the applicable EU Good
Laboratory Practice regulations;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>submission to the relevant national authorities of a clinical trial application or CTA for each trial in humans, which must
be approved before the trial may begin;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>performance of adequate and well-controlled clinical trials to establish the safety and efficacy of the product for each proposed
indication;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>submission to the relevant competent authorities of a Marketing Authorization Application or MAA, which includes the data supporting
safety and efficacy as well as detailed information on the manufacture and composition of the product in clinical development and
proposed labelling;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>satisfactory completion of an inspection by the relevant national authorities of the manufacturing facility or facilities,
including those of third parties, at which the product is produced to assess compliance with strictly enforced current Good Manufacturing
Practices;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>potential audits of the non-clinical and clinical trial sites that generated the data in support of the MAA; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>review and approval by the relevant competent authority of the MAA before any commercial marketing, sale or shipment of the
product.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Preclinical studies</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Preclinical tests include laboratory evaluations of product
chemistry, formulation and stability, as well as studies to evaluate toxicity in animal studies, in order to assess the potential
safety and efficacy of the product. The conduct of the preclinical tests and formulation of the compounds for testing must comply
with the relevant EU regulations and requirements. The results of the preclinical tests, together with relevant manufacturing information
and analytical data, are submitted as part of the CTA.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Clinical trial approval</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the Clinical Trials Directive 2001/20/EC, as amended,
a system for the approval of clinical trials in the European Union has been implemented through national legislation of the member
states. Under this system, approval must be obtained from the competent national authority of each EU member state in which a study
is planned to be conducted. To this end, a CTA is submitted, which must be supported by an investigational medicinal product dossier,
or IMPD, and further supporting information prescribed by the Clinical Trials Directive and other applicable guidance documents.
Furthermore, a clinical trial may only be started after a competent ethics committee has issued a favorable opinion on the clinical
trial application in that country.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Manufacturing and import into the EU of investigational medicinal
products is subject to the holding of appropriate authorizations and must be carried out in accordance with current Good Manufacturing
Practices.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 83 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Health authority interactions</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During the development of a medicinal product, frequent interactions
with the EU regulators are vital to make sure all relevant input and guidelines/regulations are taken into account in the overall
program. We have established an ongoing dialogue with the PEI, the national competent authority in Germany regulating, among others,
antibody products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Informal interactions:</I> We have had several informal discussions by phone with the PEI.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Formal CHMP scientific advice:</I> We have not yet had a formal scientific advice meeting with the Committee for Medicinal
Products for Human Use or CHMP, but plan to do so in time to discuss the further clinical development of AFM13.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Formal national feedback:</I> We have had several scientific advice meetings with the PEI on AFM13 and AFM11. We also received
written scientific advice from the PEI on special questions of the non-clinical development of AFM13 and AFM11. In the most recent
scientific advice meeting the planned phase 2 study with AFM13 was reviewed and guidance was received which has been incorporated
in our clinical development plan.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Business pipeline meetings:</I> We have not yet sought business pipeline meetings.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Paediatric investigation plans:</I> We are planning to submit a paediatric investigation plan to the EMA for AFM13 within
the next year.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Pediatric studies</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regulation (EC) 1901/2006, which came into force on January
26, 2007, aims to facilitate the development and accessibility of medical products for use in children without subjecting children
to unnecessary trials, or delaying the authorization of medicinal products for use in adults. The regulation established the Paediatric
Committee, or PDCO, which is responsible for coordinating the EMA&rsquo;s activities regarding medicines for children. The PDCO&rsquo;s
main role is to determine all the studies that marketing authorization applicants need to do in the pediatric population as part
of the so-called Paediatric Investigation Plans, or PIPs. All applications for marketing authorization for new medicines that were
not authorized in the European Union before January 26, 2007 have to include either the results of studies carried out in children
of different ages (as agreed with the PDCO), or proof that a waiver or a deferral of these studies has been obtained from the PDCO.
As indicated, the PDCO determines what pediatric studies are necessary and describes them in a PIP. This requirement for pediatric
studies also applies when a company wants to add a new indication, pharmaceutical form or route of administration for a medicine
that is already authorized. The PDCO can grant deferrals for some medicines, allowing a company to delay development of the medicine
in children until there is enough information to demonstrate its effectiveness and safety in adults and can also grant waivers
when development of a medicine in children is not needed or is not appropriate, such as for diseases that only affect the elderly
population.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Before a MAA can be filed, or an existing marketing authorization
can be varied, the EMA checks that companies are in compliance with the agreed studies and measures listed in each relevant PIP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regulation (EC) 1901/2006 also introduced several incentives
for the development of medicines for children in the EU:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>medicines that have been authorized across the European Union in compliance with an agreed PIP are eligible for an extension
of their patent protection by six months. This is the case even when the pediatric studies&rsquo; results are negative;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>for orphan medicines, the incentive is an additional two years of market exclusivity, extending the typical 10-year period
to 12 years;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>scientific advice and protocol assistance at the EMA are free of charge for questions relating to the development of medicines
for children; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 84 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->78<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>medicines developed specifically for children that are already authorized but are not protected by a patent or supplementary
protection certificate, may be eligible for a paediatric use marketing authorization, or PUMA. If a PUMA is granted, the product
will benefit from 10 years of market protection as an incentive for the development of the product for use in children.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The indications we pursue, especially those in certain hematologic
malignancies, involve pediatric patients and we shall prepare PIPs at the appropriate time.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Marketing authorization application</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Authorization to market a product in the EU member states proceeds
under one of four procedures: a centralized authorization procedure, a mutual recognition procedure, a decentralized procedure
or a national procedure. Since our products by their virtue of being antibody-based biologics fall under the centralized procedure,
only this procedure will be described here.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Centralized authorization procedure</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain drugs, including medicinal products developed by means
of biotechnological processes, must be approved via the centralized authorization procedure for marketing authorization. A successful
application under the centralized authorization procedure results in a marketing authorization from the European Commission, which
is automatically valid in all EU member states. The other European Economic Area member states (namely Norway, Iceland and Liechtenstein)
are also obligated to recognize the Commission decision. The EMA and the European Commission administer the centralized authorization
procedure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the centralized authorization procedure, the CHMP serves
as the scientific committee that renders opinions about the safety, efficacy and quality of human products on behalf of the EMA.
The CHMP is composed of experts nominated by each member state&rsquo;s national drug authority, with one of them appointed to act
as Rapporteur for the co-ordination of the evaluation with the possible assistance of a further member of the Committee acting
as a Co-Rapporteur. After approval, the Rapporteur(s) continue to monitor the product throughout its life cycle. The CHMP is required
to issue an opinion within 210 days of receipt of a valid application, though the clock is stopped if it is necessary to ask the
applicant for clarification or further supporting data. The process is complex and involves extensive consultation with the regulatory
authorities of member states and a number of experts. Once the procedure is completed, a European Public Assessment Report, or
EPAR, is produced. If the CHMP concludes that the quality, safety and efficacy of the medicinal product is sufficiently proven,
it adopts a positive opinion. The CHMP&rsquo;s opinion is sent to the European Commission, which uses the opinion as the basis
for its decision whether or not to grant a marketing authorization. If the opinion is negative, information is given as to the
grounds on which this conclusion was reached.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After a drug has been authorized and launched, it is a condition
of maintaining the marketing authorization that all aspects relating to its quality, safety and efficacy must be kept under review.
Sanctions may be imposed for failure to adhere to the conditions of the marketing authorization. In extreme cases, the authorization
may be revoked, resulting in withdrawal of the product from sale.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Accelerated assessment procedure</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">When an application is submitted for a marketing authorization
in respect of a drug for human use which is of major interest from the point of view of public health and in particular from the
viewpoint of therapeutic innovation, the applicant may request an accelerated assessment procedure pursuant to Article 14(9) of
Regulation (EC) 726/2004. Under the accelerated assessment procedure, the CHMP is required to issue an opinion within 150 days
of receipt of a valid application, subject to clock stops. We believe that many of our product candidates may qualify for this
provision and we will take advantage of this provision as appropriate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Conditional approval</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As per Article 14(7) of Regulation (EC) 726/2004, a medicine
that would fulfill an unmet medical need may, if its immediate availability is in the interest of public health, be granted a conditional
marketing authorization on the basis of less complete clinical data than are normally required, subject to specific obligations
being imposed on the authorization holder. These specific obligations are to be reviewed annually by the EMA. The list of these</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 85 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">obligations shall be made publicly accessible. Such an authorization
shall be valid for one year, on a renewable basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Period of authorization and renewals</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A marketing authorization is initially valid for five years
and may then be renewed on the basis of a re-evaluation of the risk-benefit balance by the EMA or by the competent authority of
the authorizing member state. To this end, the marketing authorization holder shall provide the EMA or the competent authority
with a consolidated version of the file in respect of quality, safety and efficacy, including all variants introduced since the
marketing authorization was granted, at least six months before the marketing authorization ceases to be valid. Once renewed, the
marketing authorization shall be valid for an unlimited period, unless the Commission or the competent authority decides, on justified
grounds relating to pharmacovigilance, to proceed with one additional five-year renewal. Any authorization which is not followed
by the actual placing of the drug on the EU market (in case of centralized procedure) or on the market of the authorizing member
state within three years after authorization shall cease to be valid (the so-called sunset clause).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Orphan drug designation</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regulation (EC) 141/2000 states that a drug shall be designated
as an orphan drug if its sponsor can establish:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(a)(i)</TD><TD>that it is intended for the diagnosis, prevention or treatment of a life-threatening or chronically debilitating condition
affecting not more than five in 10,000 persons in the European Union when the application is made, or;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(a)(ii)</TD><TD>that it is intended for the diagnosis, prevention or treatment of a life-threatening, seriously debilitating or serious and
chronic condition in the European Union and that without incentives it is unlikely that the marketing of the drug in the European
Union would generate sufficient return to justify the necessary investment; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(b)</TD><TD>that there exists no satisfactory method of diagnosis, prevention or treatment of the condition in question that has been authorized
in the European Union or, if such method exists, the drug will be of significant benefit to those affected by that condition.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">Regulation (EC) 847/2000 sets
out criteria for the designation of orphan drugs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-indent: -0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">An application for designation as an orphan product can be made
any time prior to the filing of an application for approval to market the product. Marketing authorization for an orphan drug leads
to a ten-year period of market exclusivity. This period may, however, be reduced to six years if, at the end of the fifth year,
it is established that the product no longer meets the criteria for orphan drug designation, for example because the product is
sufficiently profitable not to justify continued market exclusivity. Market exclusivity can be revoked only in very selected cases,
such as consent from the marketing authorization holder, inability to supply sufficient quantities of the product, demonstration
of &ldquo;clinically relevant superiority&rdquo; by a similar medicinal product, or, after a review by the Committee for Orphan
Medicinal Products, requested by a member state in the fifth year of the marketing exclusivity period (if the designation criteria
are believed to no longer apply). Medicinal products designated as orphan drugs pursuant to Regulation (EC) 141/2000 shall be eligible
for incentives made available by the European Union and by the member states to support research into, and the development and
availability of, orphan drugs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have applied for and been granted orphan status in the European
Union for AFM13.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Regulatory data protection</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Without prejudice to the law on the protection of industrial
and commercial property, marketing authorizations for new medicinal products benefit from an 8+2+1 year period of regulatory protection.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This regime consists of a regulatory data protection period
of eight years plus a concurrent market exclusivity of ten years plus an additional market exclusivity of one further year if,
during the first eight years of those ten years, the marketing approval holder obtains an approval for one or more new therapeutic
indications which, during the scientific evaluation prior to their approval, are determined to bring a significant clinical benefit
in comparison with existing therapies. Under the current rules, a third party may reference the preclinical and clinical data of
the</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 86 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">reference product beginning eight years after first approval,
but the third party may market a generic version after only ten (or eleven) years have lapsed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As indicated, additional regulatory data protection can be applied
for when an applicant has complied with all requirements as set forth in an approved PIP.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">International Regulation</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition to regulations in the United States and Europe,
a variety of foreign regulations govern clinical trials, commercial sales, and distribution of product candidates. The approval
process varies from country to country and the time to approval may be longer or shorter than that required for FDA or European
Commission approval.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pharmaceutical Coverage, Pricing, and Reimbursement</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the United States and other countries, sales of any products
for which we receive regulatory approval for commercial sale will depend in part on the availability of reimbursement from third-party
payors, including government health administrative authorities, managed care providers, private health insurers, and other organizations.
Third-party payors are increasingly examining the medical necessity and cost effectiveness of medical products and services in
addition to safety and efficacy and, accordingly, significant uncertainty exists as to the reimbursement status of newly approved
therapeutics. Third-party reimbursement adequate to enable us to realize an appropriate return on our investment in research and
product development may not be available for our products.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The division of competences within the European Union leaves
to Member States the power to organize their own social security systems, including health care policies to promote the financial
stability of their health care insurance systems. According to Article 168 of the Treaty on the Functioning of the European Union
or TFEU, &ldquo;Union action shall respect the responsibilities of the Member States for the definition of their health policy
and for the organization and delivery of health services and medical care.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In this context, the national authorities are free to set the
prices of medicinal products and to designate the treatments that they wish to reimburse under their social security system. However,
the European Union has defined a common procedural framework through the adoption of Council Directive 89/105/EEC, which is generally
known as the &ldquo;Transparency Directive.&rdquo; This instrument aims to ensure that national pricing and reimbursement decisions
are made in a transparent manner and do not disrupt the operation of the internal market.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The Pharmaceutical Pricing and Reimbursement systems established
by Member States are usually quite complex. Each country uses different schemes and policies, adapted to its own economic and health
needs. We would have to develop or access special expertise in this field to prepare health economic dossiers on our medicinal
products if we would market our products, if and when approved, in the EU.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_018"></A>Organizational structure</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The registrant corporation Affimed N.V.
has three direct or indirect wholly owned subsidiaries &mdash; Affimed Therapeutics GmbH), AbCheck s.r.o. and Affimed, Inc. that
are each listed in Exhibit 8.1 filed hereto. We primarily operate our business out of our operating subsidiary, Affimed GmbH and
AbCheck s.r.o. and Affimed, Inc. are direct subsidiaries of the operating subsidiary Affimed GmbH.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">D.</TD><TD><A NAME="a_019"></A>Property, plant and equipment</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our headquarters are in Heidelberg, Germany,
where we occupy office and laboratory space at the Technologiepark (Technology Park) under a revolving 24-month lease period, with
a 12-month termination period. The lease could expire in 2019 if notice to terminate is provided by either party by February 2018.
This facility serves as the corporate headquarters and central laboratory facility. We also lease office and laboratory space in
the Czech Republic that is contracted until 2020 with a period of notice of three months. We believe that our existing facilities
are adequate to meet current needs and that suitable additional alternative spaces will be available in the future on commercially
reasonable terms.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 87 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->81<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_020"></A>ITEM 4A. UNRESOLVED STAFF COMMENTS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_021"></A>ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">You should read the following discussion
and analysis of our financial condition and results of operations together with the information under &ldquo;Selected Financial
Data&rdquo; and our consolidated audited financial statements, including the notes thereto, included in this Annual Report. The
following discussion is based on our financial information prepared in accordance with IFRS as issued by the IASB, which might
differ in material respects from generally accepted accounting principles in other jurisdictions. The following discussion includes
forward-looking statements that involve risks, uncertainties and assumptions. Our actual results may differ materially from those
anticipated in these forward-looking statements as a result of many factors, including, but not limited to, those described under
&ldquo;Risk Factors&rdquo; and elsewhere in this Annual Report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_022"></A>A.</TD><TD>Operating results</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Overview</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are a clinical-stage biopharmaceutical company focused on
discovering and developing highly targeted cancer immunotherapies. We develop our product candidates in the field of immuno-oncology,
which represents an innovative approach to cancer treatment that seeks to harness the body&rsquo;s own immune defenses to fight
tumor cells. The most potent cells of the human defense arsenal are types of white blood cells called natural killer cells, or
NK-cells, and T-cells. Our proprietary, next-generation bispecific antibodies, called TandAbs because of their tandem antibody
structure, are designed to direct and establish a bridge between either NK-cells or T-cells and cancer cells triggering a signal
cascade that leads to the destruction of cancer cells. Due to their novel tetravalent architecture (which provides for four binding
domains), our TandAbs bind to their targets with high affinity and have half-lives that allow regular, intravenous administration.
We believe, based on their mechanism of action and the preclinical and clinical data we have generated to date, that our product
candidates, alone or in combination, may ultimately improve response rates, clinical outcomes and survival in cancer patients and
could eventually become a cornerstone of modern targeted oncology care.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To date, we have financed our operations primarily through our
public offerings of our common shares, private placements of equity securities, the incurrence of loans including convertible loans
and through government grants and milestone payments for collaborative research and development services. Through December 31,
2015, we have raised an aggregate of &euro;171.2 million through the issuance of equity and incurrence of loans. To date, we have
not generated any revenues from product sales or royalties. Based on our current plans, we do not expect to generate product or
royalty revenues unless and until we or any collaboration partner obtain marketing approval for, and commercialize, any of our
product candidates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have generated losses since we began our drug development
operations in 2000. For the year ended December 31, 2015, we incurred a net loss of &euro;20.2 million. As of December 31, 2015,
we had an accumulated deficit of &euro;120.2 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect to continue incurring losses as we continue our preclinical
and clinical development programs, apply for marketing approval for our product candidates and, subject to obtaining regulatory
approval for our product candidates, build a marketing and sales team to commercialize our product candidates. Our profitability
is dependent upon the successful development, approval, and commercialization of our product candidates and achieving a level of
revenues adequate to support our cost structure. We may never achieve profitability, and unless and until we do, we will continue
to need to raise additional cash. We intend to fund future operations through additional equity and debt financings, and we may
seek additional capital through arrangements with strategic partners or from other sources.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Collaboration Agreements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have entered into strategic collaborations for some of our
therapeutic programs. As part of our business development strategy, we aim to increase the number of our research collaborations
in order to derive further value from our platforms and more fully exploit their potential. Key terms of our current material collaborations
are summarized below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 88 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->82<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Amphivena</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to a July 2013 license and development agreement, which
amended and restated a 2012 license agreement between us and Amphivena Therapeutics, Inc., or Amphivena, based in San Francisco,
California, we licensed certain technology to Amphivena that enables Amphivena to develop an undisclosed product candidate for
hematologic malignancies. In exchange for the technology license to Amphivena, we received shares of stock of Amphivena, and, in
connection with an equity financing involving us and other third-party investors, we made cash investments in Amphivena in exchange
for additional shares of stock and entered into certain related agreements governing our rights as a shareholder of Amphivena.
As of December 31, 2015, those cash investments totaled $0.9 million (&euro;0.7 million), and we owned approximately 21% of the
outstanding equity of Amphivena on a fully diluted basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Amphivena has separately entered into a warrant agreement with
Janssen Biotech Inc. that gives Janssen the option to acquire Amphivena following IND acceptance by the FDA of such product candidate,
upon predetermined terms, in exchange for payments under the warrant. If Amphivena is acquired by Janssen pursuant to the terms
of the warrant, as a shareholder of Amphivena we would receive in the low-to-mid teen million U.S. dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Pursuant to the July 2013 license and development agreement
between Amphivena and us, we will perform certain services for Amphivena related to the development of a product candidate for
hematological malignancies, and we have granted Amphivena certain product and technology licenses, each of which includes the right
to grant sublicenses to its affiliates or third parties through multiple tiers, subject to certain notice requirements. In consideration
for the research and development work to be performed prior to IND acceptance, Amphivena will pay to us service fees totaling approximately
&euro;16 million (net of our share in funding Amphivena) payable upon the achievement of milestones and phase progressions as described
under the license and development agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We recognized revenue of &euro;4.4 million in the third quarter
of 2013 upon achievement of the first milestone consisting of the earned milestone payment of &euro;4.6 million less our share
in funding Amphivena in 2013 of &euro;0.2 million. A further payment of &euro;2.0 million for research and development services
was collected in the first quarter of 2014 and recognized as revenue upon achievement of the second milestone in the third quarter
of 2014, net of our share in funding Amphivena of &euro;0.2 million. In the third quarter of 2014 we received advance payments
in total of &euro;2.4 million for research and development services prior to achievement of the third milestone and deferred such
amount as of December 31, 2014 until the milestone was achieved. In the first quarter of 2015, we recognized revenue of &euro;2.4
million for the achievement of the third milestone which had been received in cash in 2014 and deferred until the milestone was
achieved. After the achievement of the third milestone, we continue to provide research and development services to Amphivena for
nonrefundable advance payments of &euro;7.5 million, payable in three installments (&euro;1.3 million, &euro;4.2 million and &euro;2.0
million). The first two installments totalling &euro;5.2 million (&euro;5.5 million, net of Affimed&rsquo;s share of &euro;0.3
million) were received in 2015. We recognized &euro;2.4 million as revenue for these research and development services in 2015
and &euro;2.8 million was deferred as of December 31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are paid in euros under the license and development agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">The Leukemia &amp; Lymphoma Society</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In August 2013, we entered into a research funding agreement
with The Leukemia &amp; Lymphoma Society, or LLS, for the clinical development of AFM13. Pursuant to the research funding agreement,
LLS agreed to co-fund the clinical phase 2a development of AFM13 and to contribute up to approximately $4.4 million (&euro;4.0
million) over two years to support the project. We agreed to match LLS&rsquo;s contributions toward the project budget. Our receipt
of the $4.4 million (&euro;4.0 million) total that LLS agreed to contribute was conditioned on the achievement of certain milestones
in connection with the development of AFM13, four of which have been met as of December 31, 2015. We achieved milestones in January
2014 and April 2014 and recognized revenues of $1.5 million (&euro;1.1 million) in total for related research and development services
in 2014. We received additional milestone payments and recognized revenues of $1.8 million (&euro;1.6 million) in the second and
third quarters of 2015. We must use the funding provided by LLS exclusively with the development program.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In consideration of LLS&rsquo;s payments to us, we have agreed
to pay LLS a mid-single digit royalty on net sales of products containing AFM13 until we have paid LLS a low single digit multiple
of the funding they provided to us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 89 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->83<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">After we have reached this initial royalty cap, we will pay
LLS a sub-single digit royalty on net sales until the earlier of (i) the expiration of the last to expire patent covering the AFM13
products and (ii) ten years after the initial royalty cap is satisfied. These royalty payments are calculated on a country-by-country
and product-by-product basis. We have also agreed to make certain low-to-mid-single digit royalty payments to LLS in the event
of certain transfers of rights to any product containing AFM13 or in the event we undergo certain change of control transactions,
in each case up to the royalty cap described above. Amounts paid to us under our agreement with LLS are paid in U.S. dollars.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">License Agreements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">DKFZ</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In June 2006, we amended a 2001 license agreement with Deutsches
Krebsforschungszentrum, Heidelberg, or DKFZ. Under the agreement, as amended, we obtained a worldwide, royalty-bearing license
under specified DKFZ patent rights to make, have made, use, sell and have sold licensed products and to practice licensed commercial
services, which specifically excludes services that are paid for with government grant funding. We have developed our TandAb technology
under the licensed patent rights. In connection with the agreement, as amended, we issued DKFZ 350 shares of our Series C preferred
shares, which were subsequently converted into Series D preferred shares in the equivalent amount of &euro;50,000 and made a &euro;35,000
cash payment to DKFZ. We are also required to pay DKFZ a low single digit royalty on net sales, as defined in the agreement, of
licensed products and services and a mid-single digit percentage of income we receive in connection with granting a third party
a sublicense of our rights under the license agreement. If we grant a sublicense in connection with entering into a cross-licensing
arrangement with one or more third parties, we are obligated to make a lump-sum payment of DM 70,000 (&euro;35,790) to DKFZ following
the execution of each such sublicense. We are obligated to make the above royalty payments to DKFZ during the term of the licensed
patents and for the two years following the expiration of the licensed patents.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">XOMA</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In September 2006, we entered into a license agreement with
Xoma Ireland Limited, or XOMA. Pursuant to the agreement, XOMA granted us a worldwide, fully paid-up, royalty-free, non-exclusive
and non-transferable license to conduct research on immunoglobulins under certain patent rights and know-how owned or otherwise
controlled by XOMA. We refer to this research-only license grant as the &ldquo;research license.&rdquo; XOMA also granted us options,
exercisable on an immunoglobulin-by-immunoglobulin basis, to obtain certain additional manufacturing or commercialization rights,
including an option to obtain a worldwide, non-exclusive, non-transferable license under the licensed XOMA patent rights and know-how
to make or have made (in a prokaryote and without use of a dicistronic construct), use, sell, offer to sell, import and otherwise
commercialize immunoglobulins discovered, isolated or optimized under the research license for the diagnosis, treatment, prevention
or prophylaxis of any human condition or disease. Unless XOMA grants us such a license, we are prohibited from commercializing,
licensing or developing any immunoglobulin discovered, isolated or optimized under the research license. XOMA is not required to
grant us a license upon our exercise of the option, unless the other provisions of the license agreement are complied with. For
each immunoglobulin for which we obtain such a commercialization license pursuant to our exercise of the option, we are obligated
to make milestone payments upon the occurrence of certain clinical and regulatory events. For each immunoglobulin, if all milestone
events under the commercialization license are achieved, the aggregate milestone payments could total $350,000 (&euro;321,484).
In addition, we are obligated to pay XOMA a low single digit percentage royalty on net sales on a country-by-country and immunoglobulin-by-immunoglobulin
basis, until the later of the expiration of the last-to-expire valid patent claim in the relevant country or the tenth anniversary
of the first commercial sale of the corresponding product.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Financial Operations Overview</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Revenue</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To date, our revenues have consisted principally of collaboration
and service revenue.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Collaboration revenue.</I> Collaboration revenue of &euro;4.4
million for the year ended December 31, 2013 was from the achievement of the first milestone under the license and development
agreement with Amphivena. Collaboration revenue of &euro;2.9 million for the year ended December 31, 2014 was from the achievement
of the second milestone under the license and development agreement with Amphivena (&euro;1.8 million) and from the LLS collaboration
(&euro;1.1</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 90 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">million). Collaboration revenue of &euro;6.3 million for the
year ended December 31, 2015 was from the achievement of the third milestone under the license and development agreement with Amphivena
(&euro;2.4 million), from research and development services under the license and development agreement with Amphivena (&euro;2.3
million) and from the LLS collaboration (&euro;1.6 million).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Service revenue.</I> Service revenue is primarily revenue
from service contracts entered into by AbCheck, our wholly owned, independently operated antibody screening platform. We recognized
&euro;0.7 million, &euro;0.5 million and &euro;1.3 million of service revenue in 2013, 2014 and 2015, respectively. Service revenue
of AbCheck is dependent from third party contracts as well as from the utilization of the Unit by Affimed. In case Affimed increases
or decreases the use of AbCheck&rsquo;s service capabilities that has an impact on the ability to generate third party revenues.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In the future, the timing of our revenue may vary significantly
from the receipt of the related cash flows, as the revenue from some upfront or initiation payments is deferred and recognized
as revenue over the estimated service period, while other revenue is earned when received, such as milestone payments or service
fees. Our revenue has varied substantially, especially due to the impact of Collaboration revenue received from Amphivena, and
is expected to continue to vary, from quarter to quarter and year to year, depending upon, among other things, the structure and
timing of milestone events, the number of milestones achieved, the level of revenues earned for ongoing development efforts, revenue
from service contracts entered into by AbCheck, any new collaboration arrangements we may enter into and the terms we are able
to negotiate with our partners. We therefore believe that period-to-period comparisons should not be relied upon as indicative
of our future revenues.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Other Income</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, we have earned income through several grants and/or
contracts with the German government, the European Union and other educational institutions on behalf of the German government,
primarily with respect to research and development activities related to the use of the TandAb technology in various indication
areas.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Research and Development Expenses</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Research and development expenses consist principally of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>salaries for research and development staff and related expenses, including management benefits;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>costs for production of preclinical compounds and drug substances by contract manufacturers;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>fees and other costs paid to contract research organizations in connection with additional preclinical testing and the performance
of clinical trials;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>costs of related facilities, materials and equipment;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>costs associated with obtaining and maintaining patents and other intellectual property;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>amortization and depreciation of tangible and intangible fixed assets used to develop our product candidates; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>expenses for share-based payments.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect that our total research and development expenses in
2016 will be in the range of &euro;34 to &euro;40 million. Our research and development expenses primarily relate to the following
key programs:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>AFM13.</I> The phase 2a clinical trial of AFM13 in Hodgkin Lymphoma, or HL, is ongoing and recruiting. In addition we are
supporting an investigator-sponsored phase 1b/2a clinical trial of AFM13 in patients with CD30+ lymphoma conducted by Columbia
University and planning to initiate a phase 1b study investigating the combination of AFM13 with Merck&rsquo;s anti PD-1 antibody
KEYTRUDA<SUP>&reg;</SUP> (pembrolizumab) in patients with relapsed/refractory HL in the first half of 2016. We anticipate that
our research and development expense will increase substantially in connection with the preparation and commencement of these clinical
trials. In addition we will incur substantial expenses for the production of AFM13 clinical trial material and the investigation
of commercial scale production options.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 91 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>AFM11</I>. The phase 1 clinical trial of AFM11 in patients with non-Hodgkin Lymphoma, or NHL, is ongoing and recruiting
with a modified dose regimen. Due to the protocol amendment, the trial may require more patients compared to the original protocol.
We also are planning to investigate AFM11 in acute lymphocytic leukemia, or ALL and are preparing a phase 1 dose-finding study
that is expected to begin recruitment in the first half of 2016. Therefore, we anticipate that our research and development expense
for the AFM11 program will increase in 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Other development programs.</I> Our other research and development expenses relate to our preclinical studies of AFM21/AFM
22 and AFM 24, our Amphivena collaboration and early stage development / discovery activities. We have allocated a material amount
of the proceeds to such discovery activities. The expenses mainly consist of salaries and manufacturing costs for pre-clinical
and clinical study material.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Infrastructure costs</I>. We incur a significant amount of costs associated with our research and development that are non-project
specific, including intellectual property-related expenses, depreciation expenses and facility costs. Because these are less dependent
on individual ongoing programs, they are not allocated to specific projects. We assume that facility costs for further laboratory
space and IP related expenses may increase over time.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Since January 1, 2012, we have cumulatively spent &euro;54.7
million on research and development. In the years ended December 31, 2013, 2014 and 2015, we spent &euro;14.4 million, &euro;9.6
million and &euro;22.0 million on research and development; &euro;0.9 million, &euro;4.2 million and &euro;10.0 million on AFM13;
and &euro;6.5 million, &euro;1.2 million and &euro;0.8 million on AFM11. Our research and development expenses may vary substantially
from period to period based on the timing of our research and development activities, including due to timing of initiation of
clinical trials and enrollment of patients in clinical trials. Research and development expenses are expected to increase as we
advance the clinical development of AFM13 and AFM11 and further advance the research and development of our preclinical product
candidates. The successful development of our product candidates is highly uncertain. At this time we cannot reasonably estimate
the nature, timing and estimated costs of the efforts that will be necessary to complete the development of, or the period, if
any, in which material net cash inflows may commence from, any of our product candidates. This is due to numerous risks and uncertainties
associated with developing drugs, including the uncertainty of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the scope, rate of progress, results and cost of our clinical trials, nonclinical testing, and other related activities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the cost of manufacturing clinical supplies and establishing commercial supplies of our product candidates and any products
that we may develop;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the number and characteristics of product candidates that we pursue;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the cost, timing, and outcomes of regulatory approvals;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the cost and timing of establishing sales, marketing, and distribution capabilities; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the terms and timing of any collaborative, licensing, and other arrangements that we may establish, including any milestone
and royalty payments thereunder.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A change in the outcome of any of these variables with respect
to the development of AFM13, AFM11 or any other product candidate that we may develop could mean a significant change in the costs
and timing associated with the development of such product candidate. For example, if the U.S. Food and Drug Administration, or
FDA, or other regulatory authority were to require us to conduct preclinical and clinical studies beyond those which we currently
anticipate will be required for the completion of clinical development, if we experience significant delays in enrollment in any
clinical trials or if we encounter difficulties in manufacturing our clinical supplies, we could be required to expend significant
additional financial resources and time on the completion of the clinical development.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">General and Administrative Expenses</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our general and administrative expenses consist principally
of:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>salaries for employees other than research and development staff, including benefits;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 92 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>business development expenses, including travel expenses;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>professional fees for auditors and other consulting expenses not related to research and development activities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>professional fees for lawyers not related to the protection and maintenance of our intellectual property;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>cost of facilities, communication and office expenses;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>IT expenses;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>amortization and depreciation of tangible and intangible fixed assets not related to research and development activities; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>expenses for share-based payments.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect that our general and administrative expenses in 2016
will increase compared to the expenses in 2015 by roughly 25%, and will continue to increase in the future as our business expands.
These public company-related increases will likely include costs of additional personnel, additional legal fees, accounting and
audit fees, managing directors&rsquo; and supervisory directors&rsquo; liability insurance premiums and costs related to investor
relations. In addition, we may grant share-based compensation awards to key management personnel and other employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Results of Operations</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The numbers below have been derived from our audited consolidated
financial statements for the years ended December 31, 2013, 2014 and 2015. The discussion below should be read along with these
financial statements, and it is qualified in its entirety by reference to them.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Comparison of the years ended December
31, 2014 and 2015</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Year ended December 31,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2015</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; font-weight: bold; text-align: left">Total Revenue:</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">3,382</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">7,562</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Other income&mdash;net&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">381</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">651</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Research and development expenses&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(9,595</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(22,008</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">General and administrative expenses&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,346</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7,548</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Operating income/(loss)&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(8,178</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(21,343</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold">Finance income&mdash;net&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">7,753</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">1,104</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Income/(Loss) before tax&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(425</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(20,239</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Income taxes&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">166</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Income/(loss) for the period&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(259</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(20,239</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Total comprehensive income/(loss)&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(259</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(20,239</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold">Earnings/(loss) per common share in &euro; per share&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(0.01</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(0.71</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
</TABLE>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Revenue</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Revenue increased 124% from &euro;3.4 million in the year ended
December 31, 2014 to &euro;7.6 million for the year ended December 31, 2015, mainly due to higher revenues from the Amphivena collaboration
and higher service revenues at AbCheck in 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 93 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->87<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Research and development expenses</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Year
ended December 31,&nbsp;</B></FONT></P></TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">R&amp;D Expenses by Project</TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2014&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2015&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Change
%&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Project</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%">AFM13&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">4,176</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">10,004</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">140</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>AFM11&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,249</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">800</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(36</TD><TD STYLE="text-align: left">%)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Other projects and infrastructure costs &#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,650</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10,593</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">87</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Share-based payment expense/(credit)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,480</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">611</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold">Total&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">9,595</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">22,008</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">129</TD><TD STYLE="font-weight: bold; text-align: left">%</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Research and development expenses increased 129% from &euro;9.6
million in the year ended December 31, 2014 to &euro;22.0 million in the year ended December 31, 2015, mainly due to higher expenses
for AFM13, other projects and infrastructure. For the year 2016, we anticipate significantly higher research and development expenses
particularly from the expected start of additional clinical trials with AFM13 (phase 1b/2a trial of AFM13 in patients with CD30+
lymphoma and phase 1b combination trial of AFM13 with Merck&rsquo;s anti PD-1 antibody KEYTRUDA<SUP>&reg;</SUP> in patients with
relapsed/refractory HL), an additional clinical trial with AFM11 (phase 1 dose ranging study with AFM11 in ALL patients), production
of clinical trial material and preclinical research activities. The variances in project related expenses between the year ended
December 31, 2014 and the corresponding period in 2015 are mainly due to the following projects:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>AFM13.</I> In the year ended December 31, 2015, we incurred higher expenses due to the beginning of the phase 2a clinical
trial and the manufacturing of clinical trial material for this study and for the additional studies expected to start in 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>AFM11.</I> In the year ended December 31, 2015, clinical expenses were lower than in the year ended December 31, 2014 primarily
due to higher expenses associated with the production of the clinical study material and the preparation of the phase 1 clinical
study of AFM11 in 2014, whereas in 2015 we incurred expenses for the ongoing phase 1 study as well as expenses in relation to the
trial protocol amendment.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Other projects and infrastructure costs. </I> In the year ended December 31, 2015, expenses increased significantly primarily
due to higher expenses associated with our internal R&amp;D activities in 2015. Other projects comprise expenses incurred in relation
to the AFM21 program and our discovery/early stage development activities. We incur a significant amount of costs associated with
our research and development that are non-project specific, including intellectual property-related expenses, depreciation expenses
and facility costs. Because these are less dependent on individual ongoing programs, they are not allocated to specific projects.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">General and administrative expenses</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">General and administrative expenses increased 222% from &euro;2.3
million in the year ended December 31, 2014 to &euro;7.5 million in the year ended December 31, 2015. In 2014, general and administrative
expenses were largely affected by a credit to the share-based payment expense of &euro;3.4 million resulting from a re-measurement
gain at consummation of the initial public offering (see Notes 2 and 19 to our financial statements as of December 31, 2015).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Finance income / (costs)-net</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We recognized finance income net for the year ended December
31, 2015 of &euro;1.1 million. The income reflects the net gains from foreign exchange differences less interest expense for borrowings
under the Perceptive Credit Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Finance income decreased in the year ended
December 31, 2015 as compared to the year ended December 31, 2014. The year ended December 31, 2014 was primarily affected by the
gain from the exchange of preferred shares of Affimed Therapeutics AG into common shares of Affimed N.V. and the decrease in the
fair value of the derivative</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 94 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->88<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">conversion feature embedded in the convertible
loan totaling &euro;10.9 million. These preferred shares and convertible loan were no longer outstanding in 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Income tax expense</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During the year ended December 31, 2015, we did not incur any
income tax expense.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Comparison of the years ended December
31, 2013 and 2014</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Year ended December 31,</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2013</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2014</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; font-weight: bold; text-align: left">Total Revenue:</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">5,087</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">3,382</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Other income/(expenses)&mdash;net&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">610</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">381</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Research and development expenses&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(14,354</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(9,595</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">General and administrative expenses&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7,046</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(2,346</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Operating income/(loss)&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(15,703</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(8.178</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold">Finance income/(costs)&mdash;net&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(10,397</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">7,753</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Income/(Loss) before tax&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(26,100</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(425</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Income taxes&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">166</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Income/(loss) for the period&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(26,099</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(259</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Total comprehensive income/(loss)&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(26,009</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(259</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold">Earnings/(loss) per common share in &euro; per share&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(1.76</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(0.01</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
</TABLE>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Revenue</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Revenue decreased 34% from &euro;5.1 million in the year ended
December 31, 2013 to &euro;3.4 million for the year ended December 31, 2014, mainly due to lower revenues from the Amphivena collaboration,
partially offset by first time revenues from LLS in 2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Research and development expenses</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Year ended December 31,&nbsp;</B></FONT></P></TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: center">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid">R&amp;D Expenses by Project</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2013&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2014&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Change %&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>Project</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%">AFM13&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">921</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">4,176</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">353</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>AFM11&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,462</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,249</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(81</TD><TD STYLE="text-align: left">%)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Other projects and infrastructure costs&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,950</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,650</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">43</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Share-based payment expense/(credit)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,021</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1,480</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&mdash;&nbsp;&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold">Total&#9;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">14,354</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">9,595</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(33</TD><TD STYLE="font-weight: bold; text-align: left">%)</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Research and development expenses decreased 33% from &euro;14.4
million in the year ended December 31, 2013 to &euro;9.6 million in the year ended December 31, 2014, due to a credit to the share-based
payment expense resulting from a re-measurement gain at consummation of the initial public offering (see Note 2 to our financial
statements as of December 31, 2014). The variances in project related
expenses between the year ended December 31, 2013 and the corresponding period in 2014 are mainly due to the following projects:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>AFM13.</I> In the year ended December 31, 2014 we incurred higher expenses due to the preparation for the phase 2a clinical
trial and the manufacturing of clinical material for the phase 2a trial.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>AFM11.</I> In the year ended December 31, 2014, clinical expenses were significantly lower than in the year ended December
31, 2013. In 2013, expenses were higher due to the manufacturing of materials for clinical trials.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD><I>Other projects and infrastructure costs.</I> In the year ended December 31, 2014 we continued to incur substantial costs
related to the activities of the Amphivena collaboration. In contrast, in</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 95 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->89<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in">2013, the collaboration had only been
initiated at the beginning of the third quarter. We incur a significant amount of costs associated with our research and development
that are non-project specific, including intellectual property-related expenses, depreciation expenses and facility costs. Because
these are less dependent on individual ongoing programs, they are not allocated to specific projects.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1in; text-indent: 0in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">General and administrative expenses</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">General and administrative expenses decreased 67% from &euro;7.0
million in the year ended December 31, 2013 to &euro;2.3 million in the year ended December 31, 2014, due to a credit to the share-based
payment expense of &euro;3.4 million resulting from a re-measurement gain at consummation of the initial public offering (see Notes
2 and 18 to our financial statements as of December 31, 2014).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Finance income / (costs)-net</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We recognized finance income net for the year ended December
31, 2014 of &euro;7.8 million. The income reflects the following transactions up to the consummation of the initial public offering
and subsequently: the interest expense for preferred shares, the interest expense for the convertible loan, the interest expense
for borrowings under the Perceptive Credit Facility, an extinguishment gain on the exchange of preferred shares of Affimed Therapeutics
AG into common shares of Affimed N.V., the remeasurement gain resulting from changes in fair value and the extinguishment gain
of the derivative conversion feature (see the table in Note 11 to our financial statements as of and for the year ended December
31, 2014).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Finance income increased in the year ended December 31, 2014
as compared to the year ended December 31, 2013 as a result of the transactions described above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Income tax expense</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">During the year ended December 31, 2014, we recorded a tax income
of &euro;166,000 due to changes in deferred tax assets.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Critical Judgments and Accounting Estimates</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The preparation of the consolidated financial statements in
conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application of accounting
policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these estimates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Estimates and underlying assumptions are reviewed on an ongoing
basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised and in any future periods
affected.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Information about assumptions and estimation uncertainties that
have a significant risk of resulting in a material adjustment within the next financial year are included in note 4 to our consolidated
financial statements included elsewhere in this Annual Report and below:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Share-Based Payments</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We issue share-based payment awards under the terms of our ESOP
2014. We determine the compensation expense by estimating the fair value of a stock option as of the date of grant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The fair value of stock options issued by Affimed N.V. is estimated
using the Black-Scholes-Merton formula. The formula determines the value of an option based on input parameters like the value
of the underlying instrument, the exercise price, the expected volatility of share price returns, dividends, the risk-free interest
rate and the time to maturity of the option. The fair value of share-based equity-settled compensation plans is measured at grant
date and compensation cost is recognized over the vesting period with a corresponding increase in equity. The number of stock options
expected to vest is estimated at each measurement date.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 96 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->90<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Revenue Recognition</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Elements of consideration in collaboration and license agreements
are non-refundable up-front research funding payments, technology access fees and milestone payments. Generally, we have continuing
performance obligations and therefore up-front payments are deferred and the related revenues recognized in the period of the expected
performance. Technology access fees are generally deferred and recognized over the expected term of the research service agreement
on a straight line basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We estimate that the achievement of a milestone reflects a stage
of completion under the terms of the agreements and recognizes revenue when a milestone is achieved. If the research service is
cancelled due to technical failure, the remaining deferred revenues from upfront payments are recognized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Recent Accounting Pronouncements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We refer to note 4 to our consolidated
financial statements as of and for the year ended December 31, 2015 with regard to new standards and interpretations not yet adopted
by us.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">JOBS Act Exemptions</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On April 5, 2012, the JOBS Act was signed into law. The JOBS
Act contains provisions that, among other things, reduce certain reporting requirements for an &ldquo;emerging growth company.&rdquo;
As an emerging growth company, we are electing to take advantage of the following exemptions:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>not providing an auditor attestation report on our system of internal controls over financial reporting;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>not providing all of the compensation disclosure that may be required of non-emerging growth public companies under the U.S.
Dodd-Frank Wall Street Reform and Consumer Protection Act;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>not disclosing certain executive compensation-related items such as the correlation between executive compensation and performance
and comparisons of the Chief Executive Officer&rsquo;s compensation to median employee compensation; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>not complying with any requirement that may be adopted by the Public Company Accounting Oversight Board regarding mandatory
audit firm rotation or a supplement to the auditor&rsquo;s report providing additional information about the audit and the financial
statements (auditor discussion and analysis).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">These exemptions will apply for a period of five years following
the completion of our initial public offering (through 2019) or until we no longer meet the requirements of being an &ldquo;emerging
growth company,&rdquo; whichever is earlier. We would cease to be an emerging growth company if we were to have more than $1.0
billion in annual revenue or have more than $700 million in market value of our common shares held by non-affiliates or issue more
than $1.0 billion of non-convertible debt over a three-year period.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_023"></A>Liquidity and Capital Resources</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Since inception, we have incurred significant operating losses.
For the years ended December 31, 2013, 2014 and 2015, we incurred net losses of &euro;26.1 million, &euro;0.3 million and &euro;20.2
million, respectively. To date, we have financed our operations primarily through public offerings of our common shares, private
placements of equity securities and loans, grants and revenues from collaboration partners. As of December 31, 2015, we had cash
and cash equivalents of &euro;76.7 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our cash and cash equivalents have been deposited primarily
in savings and deposit accounts with original maturities of three months or less. Saving and deposit accounts generate a small
amount of interest income. We expect to continue this investment philosophy but could consider to deposit our cash in savings and
deposit accounts with slightly longer (6 months) maturities.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 97 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->91<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Cash Flows</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Comparison of the years ended December 31,
2014 and 2015</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The table below summarizes our consolidated statement of cash
flows for the years ended December 31, 2014 and 2015:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Year ended December 31,&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2014&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2015&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; text-align: left">Net cash used in operating activities&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(10,547</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(18,535</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Net cash used for investing activities&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(298</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(277</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Net cash generated from financing activities&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">44,889</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">53,498</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Net changes to cash and cash equivalents&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,044</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,686</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Cash and cash equivalents at the beginning of the year&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,151</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">39,725</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Exchange-rate related changes of cash and cash equivalents&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,530</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,329</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Cash and cash equivalents at the end of the year&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">39,725</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">76,740</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The increase in net cash used in operating
activities by 76% from &euro;10.5 million in the year ended December 31, 2014 to &euro;18.5 million in the year ended December
31, 2015 was mainly due to higher cash expenditure for research and development efforts and higher general and administrative cost.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Net cash used for investing activities
remained unchanged with &euro;0.3 million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Net cash generated from financing activities
increased from &euro;44.9 million in the year ended December 31, 2014 to &euro;53.5 million in the year ended December 31, 2015.
The 2015 amount mainly includes the net proceeds from the public offering in May 2015 and the net proceeds received from the private
placement in October 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Comparison of the years ended December 31,
2013 and 2014</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The table below summarizes our consolidated statement of cash
flows for the years ended December 31, 2013 and 2014:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Year
ended December 31,</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2013&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>2014&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; text-align: left">Net cash used in operating activities&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(5,678</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(10,547</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Net cash used for investing activities&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(157</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(298</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Net cash generated from financing activities&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,084</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">44,889</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Net changes to cash and cash equivalents&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(751</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,044</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Cash and cash equivalents at the beginning of the year&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,902</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,151</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Exchange-rate related changes of cash and cash equivalents&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,530</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Cash and cash equivalents at the end of the year&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,151</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">39,725</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The increase in net cash used in operating
activities by 84% from &euro;5.7 million in the year ended December 31, 2013 to &euro;10.5 million in the year ended December 31,
2014 was mainly due to the increase of cash effective expenses. While cash effective expenses in the year ended December 31, 2013
totaled &euro;12.3 million (total expenses of &euro;20.8 million less non cash effective expenses totaling &euro;8.5 million),
cash effective expenses in the year ended December 31, 2014 totaled &euro;16.1 million (total expenses of &euro;11.6 million plus
non cash effective income totaling &euro;4.5 million).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The increase in net cash used for investing
activities from &euro;0.2 million in the year ended December 31, 2013 to &euro;0.3 million in the year ended December 31, 2014
was due to acquisition of laboratory equipment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The increase in net cash generated from
financing activities from &euro;5.1 million in the year ended December 31, 2013 to &euro;44.9 million in the year ended December
31, 2014 was mainly due to an increase in average cash and cash equivalents following the completion of our initial public offering,
the Series E Financing (as defined herein) and the borrowing of funds under the Perceptive Credit Facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 98 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->92<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Cash and Funding Sources</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our cash and cash equivalents as of December 31, 2015 were &euro;76.7
million. Funding sources generally comprise proceeds from the issuance of equity instruments, revenues from collaboration agreements
and government grants.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On July 24, 2014, our subsidiary Affimed Therapeutics AG
(now Affimed GmbH) entered into an agreement for a loan facility (the &ldquo;Perceptive Credit Facility&rdquo;) with an
affiliate of Perceptive Advisors LLC. The Perceptive Credit Facility originally provided for aggregate funding of $14.0
million, including $5.5 million in initial funding and up to an additional $8.5 million of capital available in subsequent
tranches. In 2015, we agreed with Perceptive to cancel the option to draw the remaining available $8.5
million.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The loans outstanding under the Perceptive Credit
Facility accrue interest at an annual rate equal to an applicable margin of nine percent plus one-month LIBOR, with LIBOR
deemed to equal 1% if LIBOR is less than 1% and is payable in monthly installments of interest only through April 2016 and
then principal and interest thereafter in monthly installments through August 2018, with the outstanding balance to be repaid
in full at the end of August 2018. Borrowings under the Perceptive Credit Facility are secured by a substantial portion of
our tangible assets and intellectual property. Under the loan agreement governing the facility, we are subject to customary
affirmative and negative covenants including limitations on additional indebtedness, limitations on liens, limitations on
acquisitions and other restrictions related to our tangible assets and intellectual property. Additionally, covenants set
forth under the facility will require us to maintain a minimum cash balance of $2.0 million. We have also agreed to achieve
certain development milestones for AFM11 and AFM13. We have entered into a discussion regarding the facility with Perceptive,
including with respect to the development milestones.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Following the closing of our initial public offering, we issued
to Perceptive 106,250 warrants at an exercise price of $8.80 in accordance with the loan agreement governing the facility.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On September 17, 2014, we completed our initial public offering
of common shares in which we sold an aggregate of 8,000,000 common shares at a price to the public of $7.00 per share. The proceeds
to us from the offering were approximately &euro;43.2 million, before deducting the underwriting discounts, commissions and offering
expenses.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">In January 2015, we announced that we had
been awarded a &euro;2.4 million ($3 million) grant from the German Federal Ministry of Education and Research (BMBF). The grant,
awarded under the BMBF&rsquo;s &ldquo;KMU-innovative: Biotechnology&ndash;BioChance&rdquo; program, will cover approximately 40%
of expenses for a research and development program to develop multi-specific antibodies for the treatment of multiple myeloma.
The grant payments are scheduled to be made periodically through the end of 2017.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On May 12, 2015, we announced the closing
of our offering of 5,750,000 common shares at a public offering price of $7.15 per common share. The total amount includes 750,000
common shares issued pursuant to the underwriters&rsquo; option to purchase additional shares which was exercised on May 7, 2015.
After deducting the underwriting discounts and other offering expenses, the net proceeds of the public offering were &euro;33.5
million ($37.5 million).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">On October 14, 2015, we sold 3.3 million
shares to SGR Sagittarius Holding AG, an existing shareholder affiliated with Aeris Capital AG, in a private placement exempt from
registration, resulting in net proceeds to us of &euro;19.1 million ($21.8 million).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Funding Requirements</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We expect that we will require additional funding to complete
the development of our product candidates and to continue to advance the development of our other product candidates. In addition,
we expect that we will require additional capital to commercialize our product candidates AFM13, AFM11, AFM21/AFM22 and AFM24.
If we receive regulatory approval for AFM13, AFM11, AFM21/AFM22 or AFM24, and if we choose not to grant any licenses to partners,
we expect to incur significant commercialization expenses related to product manufacturing, sales, marketing and distribution,
depending on where we choose to commercialize. We also expect to incur additional costs associated with operating as a public company.
Additional funds may not be available on a timely basis, on favorable terms, or at all, and such funds, if raised, may not be sufficient
to enable us to continue to implement our long-term business strategy. If we are not able to raise capital when needed, we could
be forced to delay, reduce or eliminate our product development programs or commercialization efforts.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 99 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->93<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We believe that our existing cash and cash equivalents will
enable us to fund our operating expenses and capital expenditure requirements until the first quarter of 2018. We have based this
estimate on assumptions that may prove to be incorrect, and we could use our capital resources sooner than we currently expect.
Our future funding requirements will depend on many factors, including but not limited to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the scope, rate of progress, results and cost of our clinical trials, nonclinical testing, and other related activities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the cost of manufacturing clinical supplies, and establishing commercial supplies, of our product candidates and any products
that we may develop;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the number and characteristics of product candidates that we pursue;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the cost, timing, and outcomes of regulatory approvals;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the cost and timing of establishing sales, marketing, and distribution capabilities; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the terms and timing of any collaborative, licensing, and other arrangements that we may establish, including any required
milestone and royalty payments thereunder.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">To address our financing needs, we may raise additional
capital through the sale of equity or convertible debt securities. In such an event, your ownership interest will be diluted,
and the terms of these securities may include liquidation or other preferences that adversely affect your rights as a holder
of our common shares. In this context we are also considering the restructuring of our existing debt financing with
Perceptive or entering into new or additional debt financing agreements to address our funding needs, including to extend our
cash reach.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For more information as to the risks associated with our future
funding needs, see &ldquo;Item 3. Key Information&mdash;D. Risk Factors&mdash;Risks Related to Our Financial Position and Need
for Additional Capital&mdash;We will require substantial additional funding, which may not be available to us on acceptable terms,
or at all, and, if not available, may require us to delay, scale back, or cease our product development programs or operations.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_024"></A>Research and development, patents and licenses, etc.</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">See &ldquo;Item 4. Information on the Company&mdash;A.
History and Development of the Company&rdquo; and &ldquo;Item 4. Information on the Company&mdash;B. Business Overview.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">D.</TD><TD><A NAME="a_025"></A>Trend information</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">See &ldquo;Item 5. Operating and Financial
Review and Prospects.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">E.</TD><TD><A NAME="a_026"></A>Off-balance sheet arrangements</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">As of the date of this Annual Report, we
do not have any off-balance sheet arrangements other than operating leases as described under &ldquo;Item 5. Operating and Financial
Review and Prospects&mdash;F. Tabular disclosure of contractual obligations&rdquo; below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">F.</TD><TD><A NAME="a_027"></A>Tabular disclosure of contractual obligations</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The table below sets forth our contractual obligations and commercial
commitments as of December 31, 2015 that are expected to have an impact on liquidity and cash flow in future periods. In addition
to license agreements with fixed payment obligations, we have entered into various collaboration and license agreements that may
trigger milestone payments and royalty payments upon the achievement of certain milestones and net sales in the future. Because
the achievement and timing of these milestones and net sales is not fixed or determinable, our commitments under these agreements
have not been included in the table below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 100 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->94<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="19" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Payments Due by Period&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Total&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Less than 1 year&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Between</B><br> <B>1 and 3 years&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Between</B><br> <B>3 and 5 years&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>More than 5 years&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD COLSPAN="9" STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)</B></FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 45%; text-align: left"><FONT STYLE="font-size: 10pt">Operating lease obligations&#9;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">1,288</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">298</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">759</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">231</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Fixed license payments&#9;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">344</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">344</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Perceptive Credit Facility&#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">5,780</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">2,105</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">3,675</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="padding-bottom: 1pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">Total&#9;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">7,412</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">2,747</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">4,434</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">231</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 8pt; padding-bottom: 2.5pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 2.5pt double; font-size: 8pt; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="padding-bottom: 2.5pt; font-size: 8pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Operating lease obligations</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Operating lease obligations consist of payments pursuant to
non-cancellable operating lease agreements relating to our lease of office space. The lease term of our premises in the Czech Republic
is contracted until the year 2020 with a period of notice of three months. The lease period for the premises in Germany is extended
automatically for 24 months if not terminated 12 months prior to the end of the lease period. The current lease period ends on
February 28, 2019.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Fixed license payments</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">These payments relate to two license agreement for the use of
certain technologies by our subsidiary AbCheck. AbCheck has the right to terminate these agreements yearly at the end of each year
and at any time during the term of the agreement, respectively.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Contingencies</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have entered into various license agreements that contingently
trigger on-off payments upon achievement of certain milestones and royalty payments in the future. Because the achievement and
timing of these milestones and net sales is not fixed and determinable, our commitments under these agreements have not been included
in the Contractual Obligations table above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">G.</TD><TD><A NAME="a_028"></A>Safe harbor</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See &ldquo;Forward Looking Statements.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_029"></A>ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_030"></A>A.</TD><TD>Directors and senior management</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have a two-tier board structure consisting of our supervisory
board (<I>raad van commissarissen</I>) and a separate management board (<I>raad van bestuur</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our supervisory board supervises the policies of the management
board and the general course of the affairs of our business. The supervisory board gives advice to the management board and is
guided by the interests of the business when performing its duties. The management board is in charge of managing us under the
supervision of the supervisory board. The management board provides the supervisory board with such necessary information as the
supervisory board requires to perform its duties.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following table presents our supervisory directors. Bernhard
R.M. Ehmer was appointed by the general meeting of shareholders on January 21, 2016. Ulrich M. Grau was appointed by the general
meeting of shareholders on June 9, 2015, and his term was effective as of July 1, 2015. Our other supervisory directors were appointed
by the general meeting of shareholders on September 12, 2014, with effect from September 17, 2014. Thomas Hecht is the chairman
of our supervisory board. The term of each of our supervisory directors will terminate on the date of the annual general meeting
of shareholders in the year indicated below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 70%; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>Name</B></FONT></td>
    <td style="width: 14%; border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Age</B></FONT></td>
    <td style="width: 16%; border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Term</B></FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">Thomas Hecht</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">64</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2017</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">Bernhard R.M. Ehmer</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">61</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2019</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">Ulrich M. Grau</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">67</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2018</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">Berndt Modig</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">57</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2017</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">Richard B. Stead</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">63</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2016</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">Ferdinand Verdonck</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">73</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">2017</FONT></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 101 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->95<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a brief summary of the business experience
of our supervisory directors. Each director&rsquo;s tenure reflects their tenure on the board of our predecessor Affimed Therapeutics
AG. Unless otherwise indicated, the current business address for each of our supervisory directors is Affimed N.V., c/o Affimed
GmbH, Technologiepark, Im Neuenheimer Feld 582, 69120 Heidelberg, Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Thomas Hecht, Chairman.</I></B> Dr. Hecht has been the
chairman of our supervisory board since 2007. He is head of Hecht Healthcare Consulting in K&uuml;ssnacht, Switzerland, a biopharmaceutical
consulting company founded in 2002. Dr. Hecht also serves as chairman of the board of directors of Cell Medica Ltd., Delenex AG
and as a director of Humabs BioMed AG. Until the beginning of March 2015, he served as chairman of the supervisory council of SuppreMol
GmbH. Dr. Hecht was previously Vice President Marketing at Amgen Europe. A seasoned manager and industry professional, he held
various positions of increasing responsibility in clinical development, medical affairs and marketing at Amgen between 1989 and
2002. Prior to joining the biopharmaceutical industry, he was certified in internal medicine and served as Co-Head of the Program
for Bone Marrow Transplantation at the University of Freiburg, Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Bernhard R.M. Ehmer, Director</I>. </B>Dr. Ehmer has been
a member of our supervisory board since 2016. He has been chairman of the board of management of Biotest AG since January 2015.
Prior to this, he worked for the Imclone Group, a wholly owned subsidiary of Eli Lilly, as president of Imclone Systems Corporation
in the United States and as managing director in Germany. In 2007/2008 he was CEO of Fresenius Biotech, Germany and before this,
Dr. Ehmer headed the Business Area Oncology of Merck KGaA, Darmstadt and served as head of Global Clinical Operations at Merck.
Between 1986 and 1998 he held various functions at Boehringer Mannheim in Germany, Italy and Singapore. Dr. Ehmer holds a degree
in medicine and worked in the Department of Internal Medicine at the Academic Teaching Hospital of the University of Heidelberg.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Ulrich M. Grau, Director</I>.</B><I> </I>Dr. Grau served
as an advisor to our board from May 2013 until June 2015 and became a board member in July 2015. He has over 30 years of experience
in the biotechnology and pharmaceutical industries including general management, business development, corporate strategy and the
development of new products and technologies. Dr. Grau was Chief Operating Officer at Micromet from 2011 to 2012. Between 2006
and 2010, Dr. Grau was a founder, President and CEO of Lux Biosciences, Inc., a clinical stage ophthalmic company. Previously,
Dr. Grau served as President of Research and Development at BASF Pharma/ Knoll where he directed a global R&amp;D organization
whose development pipeline included Humira. The majority of his career was at Aventis Pharma, where he last held the position of
senior VP of global late stage development. Lantus<SUP>&reg;</SUP> is based on his inventions made during his early years as a
scientist with Hoechst AG. Dr. Grau received his Ph.D. in chemistry and biochemistry from the University of Stuttgart and spent
three years as a post-doctoral fellow at Purdue University in the field of protein crystallography.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Berndt Modig, Director.</I></B> Mr. Modig has been a member
of our supervisory board since 2014. He has served as Chief Financial Officer of Prosensa Holding N.V. from March 2010 through
January 2015 when Prosensa was acquired by BioMarin Pharmaceutical Inc. Mr. Modig also serves as member of the board of directors
and chairman of the audit committee of Auris Medical Holding AG and Axovant Sciences Ltd. Mr. Modig has more than 25 years of international
experience in finance and operations, private equity and mergers and acquisitions. Before joining Prosensa, Mr. Modig was Chief
Financial Officer at Jerini AG from October 2003 to November 2008, where he directed private financing rounds, its initial public
offering in 2005 and its acquisition by Shire plc in 2008. Prior to Jerini, Mr. Modig served as Chief Financial Officer at Surplex
AG from 2001 to 2003 and as Finance Director Europe of U.S.-based Hayward Industrial Products Inc. from 1999 to 2001. In previous
positions, Mr. Modig was a partner in the Brussels-based private equity firm Agra Industria from 1994 to 1999 and a Senior Manager
in the Financial Services Industry Group of Price Waterhouse LLP in New York from 1991 to 1994. Mr. Modig served as a director
of Mobile Loyalty plc from 2012 to 2013. Mr. Modig has a bachelor&rsquo;s degree in business administration, economics and German
from the University of Lund, Sweden and an M.B.A. degree from INSEAD, Fontainebleau, France and is a Certified Public Accountant.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Richard B. Stead, Director.</I></B> Dr. Stead has been
a member of our supervisory board since 2007. He has more than 25 years of experience in the biotechnology and pharmaceutical industries,
designing and directing clinical trials, regulatory strategy and licensing activities. He is currently Founder and Principal of
BioPharma Consulting Services, where he is involved in the development of a number of oncology products including different strategies</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 102 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->96<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">for cancer immunotherapy. Previously, he was Vice President,
Clinical Research of Immunex Corporation, responsible for oncology and neurology product development. Dr. Stead has served in various
positions in clinical development and played a key role in the FDA approval and commercialization of Amgen&rsquo;s first two products,
Epogen and Neupogen. Dr. Stead graduated from the University of Wisconsin and earned an M.D. from Stanford University. He completed
his internship and residency as well as a fellowship in Hematology at Harvard Medical School and the Brigham and Women&rsquo;s
Hospital followed by post-doctoral research in the Laboratory of Molecular Biology at the National Cancer institute. He also serves
on the boards of Ascend Biopharmaceuticals Ltd. and the Seattle Reparatory Theatre.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Ferdinand Verdonck, Director.</I></B> Mr. Verdonck has
been a member of our supervisory board since July 2014. He is chairman of the supervisory board of uniQure N.V. and is a director
and a member of the Audit Committee of Virtus Funds and Laco Information Services. In recent years he was director of Groupe SNEF,
director and member of the audit committee of J.P. Morgan European Investment Trust and director and chairman of the audit committee
of two biotechnology companies in Belgium, Movetis and Galapagos. He has previously served as chairman of Banco Urquijo and of
Nasdaq Europe and as a director of Dictaphone Corporation. From 1992 to 2003, he was the managing director of Almanij NV, a financial
services company which has since merged with KBC, and his responsibilities included company strategy, financial control, supervision
of executive management and corporate governance, including board participation in publicly-traded and privately-held companies
in many countries. Mr. Verdonck holds a law degree from KU Leuven and degrees in economics from KU Leuven and the University of
Chicago.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following table lists the members of our current management
board:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 8pt Times New Roman, Times, Serif; border-collapse: collapse">
<tr style="vertical-align: bottom">
    <td style="width: 57%; border-bottom: Black 1.5pt solid"><FONT STYLE="font-size: 10pt"><B>Name</B></FONT></td>
    <td style="width: 10%; border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Age</B></FONT></td>
    <td style="width: 33%; border-bottom: Black 1.5pt solid; text-align: center"><FONT STYLE="font-size: 10pt"><B>Position</B></FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">Adi Hoess</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">54</FONT></td>
    <td><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">Florian Fischer</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">48</FONT></td>
    <td><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <td><FONT STYLE="font-size: 10pt">Jens-Peter Marschner</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">53</FONT></td>
    <td><FONT STYLE="font-size: 10pt">Chief Medical Officer</FONT></td></tr>
<TR STYLE="vertical-align: bottom; background-color: White">
    <td><FONT STYLE="font-size: 10pt">J&ouml;rg Windisch</FONT></td>
    <td style="text-align: center"><FONT STYLE="font-size: 10pt">45</FONT></td>
    <td><FONT STYLE="font-size: 10pt">Chief Operating Officer</FONT></td></tr>
</table>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a brief summary of the business experience
of the members of our management board. Unless otherwise indicated, the current business addresses for the members of our management
board is Affimed N.V., c/o Affimed GmbH, Technologiepark, Im Neuenheimer Feld 582, 69120 Heidelberg, Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Adi Hoess, Chief Executive Officer.</I></B> Dr. Hoess
joined us in October 2010 as Chief Commercial Officer and since September 2011 has served as our Chief Executive Officer. He has
more than 20 years of professional experience with an extensive background in general management, business development, product
commercialization, fund raising and M&amp;A. Prior to joining us, Dr. Hoess was Chief Commercial Officer at Jerini AG and Chief
Executive Officer of Jenowis AG. At Jerini AG he was responsible for business development, marketing and sales and the market introduction
of Firazyr. He also played a major role in the sale of Jerini to Shire plc. Dr. Hoess began his professional career in 1993 at
MorphoSys. Dr. Hoess received his Ph.D. in chemistry and biochemistry from the University of Munich in 1991 and an M.D. from the
Technical University of Munich in 1997.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Florian Fischer, Chief Financial Officer.</I></B> Dr.
Fischer joined us in 2005 as Chief Financial Officer on a part-time basis, which has increased over time to a full time position
since September 2014. Dr. Fischer is founder and Chief Executive Officer of MedVenture Partners, a Munich-based corporate finance
and strategy advisory company focusing on the life sciences and health care industry. Dr. Fischer was the Chief Financial Officer
of Activaero GmbH from 2002 until 2011 and has been involved with corporate development since 2011. He also served as the Chief
Financial Officer of Vivendy Ltd. from 2008 until 2013 and as a managing director of AbCheck in 2009. Prior to founding MedVenture
Partners, Dr. Fischer worked with KPMG for more than six years until 2002, where he was responsible for biotech and healthcare
assignments. Before joining KPMG, he worked for Deutsche Bank AG. Dr. Fischer is also a member of the audit committee of Amphivena.
He holds a graduate degree in business administration from Humboldt University, Berlin and a Ph.D. in public health from the University
of Bielefeld.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Jens-Peter Marschner, Chief Medical Officer.</I></B> Dr.
Marschner joined us in 2013 from Merck KGaA (Merck Serono). He has 19 years of professional experience in clinical development
with a focus on biological compounds. At Merck Serono, Dr. Marschner served as Vice President Immunological Programs Oncology from
2009-2012 and Vice President Global Medical Affairs from 2003-2009, primarily in the field of oncology. Dr. Marschner led the clinical
development team of cetuximab (Erbitux<SUP>&reg;</SUP>), a monoclonal antibody to treat colorectal cancer, which was successfully
launched in 2004. He started his pharmaceutical career in 1995 at Boehringer Mannheim, which is now</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 103 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->97<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">part of Roche. He studied medicine in Jena (Germany), obtained
an M.D. in 1991 from Johann-Wolfgang-Goethe-University in Frankfurt and became a board certified specialist in clinical pharmacology
in 1995.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>J&ouml;rg Windisch, Chief Operating Officer.</I></B> Dr.
Windisch joined us in 2016 after spending 20 years at Sandoz Biopharmaceuticals (a Novartis company), most recently serving as
Chief Science Officer. He joined Novartis in 1996 in the biologics unit of Sandoz, where he played a leading role in the development
of Somatropin (Omnitrope&reg;), the first ever biosimilar medicine, as well as of Sandoz&rsquo; Epoetinalfa (Binocrit&reg;) and
Filgrastim (Zarzio&reg;) products. Over the course of 15 years he built an international technical development organization for
biologics and for five years Dr. Windisch also led the joint biologics technical development and manufacturing organization for
Novartis Pharma and Sandoz. He was involved in the development and manufacturing of about 20 biologics, six of which are currently
marketed. Dr. Windisch was educated in Austria, Germany and the U.S. and received his Ph.D. in Biochemistry and Molecular Geneticsfrom
the University of Innsbruck.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a brief summary of the business experience
of certain other key employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Andrew Curtis, Head of Corporate Strategy and BD,
President &amp; CEO Affimed Inc. </I></B>Mr. Curtis joined us in 2015 with more than 20 years of expertise in a range of
positions in both large pharmaceutical companies, most notably Pfizer, and as a biotechnology entrepreneur, focusing on the
licensing, commercial development and commercialization of new medicines for rare and neglected diseases. Mr. Curtis was the
Founder and CEO of Rising Tide Therapeutics, a biotech startup focused on developing medicines for genetic pulmonary
diseases. Prior to this, Mr. Curtis was CEO of Jerini US Inc., a company focused on the development and commercialization of
icatibant, a treatment for hereditary angioedema, subsequently commercialized under the brand name Firazyr by Shire after it
acquired Jerini in 2008. His career also includes commercial marketing and sales positions with Pfizer, Genzyme, TargetRx,
J&amp;J, and Merck, as well as advisory activities. Mr. Curtis holds a B.A. from Muhlenberg College and a M.A. from Lehigh
University.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Erich Rajkovic, Head of Research Operations and Intellectual
Property.</I></B> Dr. Rajkovic joined us in 2007 as scientist in antibody discovery and antibody engineering. In 2010, he joined
our Business Development team and was promoted to Director of Business Development in 2011. From 2013 to 2016 he was responsible
for Business Development &amp; Alliance Management and he became Head of Research Operations and Intellectual Property in 2016.
Dr. Rajkovic played a key role in the negotiations with Amphivena and Janssen and with The Leukemia &amp; Lymphoma Society. In
addition, Dr. Rajkovic has been leading the negotiations of the cGMP manufacturing and clinical trial agreements. Prior to Affimed
Dr. Rajkovic worked for Kwizda Pharma (Austria). He studied pharmacy and received his Ph.D. in protein chemistry and biophysics
from the University of Graz (Austria) in 2006.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Martin Treder, Chief Scientific Officer.</I></B> Dr. Treder
joined us in 2015 and has 13 years of professional experience in the field of biotherapeutics research and development. Before
joining Affimed, he was Chief Scientific Officer at CT Atlantic AG where he was responsible for establishing a broad research pipeline
of various preclinical and clinical development programs. Prior to CT Atlantic, Dr. Treder held the position of Program Director
at U3 Pharma AG, a German biotech company developing targeted cancer therapeutics, where he headed the company&rsquo;s portfolio
of innovative anti-HER3 therapeutic antibodies. Dr. Treder graduated with Honors from Monash University in Melbourne, Australia
and obtained a diploma in Biology at the University of W&uuml;rzburg, Germany. He earned his Ph.D. working in Prof. Axel Ullrich's
group at the Max Planck Institute of Biochemistry in Martinsried-Munich, receiving his doctorate from the Technical University
of Munich, Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Claudia Wall, Head of Project Management Regulatory Affairs
and Quality Management.</I></B> Dr. Wall joined us in 2002 as scientist responsible for the generation and screening of highly
diverse antibody libraries. In 2008, Dr. Wall was promoted to Head of Project Management, Regulatory Affairs and Quality Management
where she has been responsible for the successful establishment of the cGMP-compliant production processes of both lead projects
AFM13 and AFM11. In addition, Dr. Wall managed the successful filings of the respective CTAs and INDs for both programs. Prior
to joining Affimed, Dr. Wall worked as a scientific associate from 1997 until 2001 at Hoffmann-LaRoche AG Grenzach-Wyhlen in the
neurodegenerative diseases and dermatology unit. She received her undergraduate degree in biology and a Ph.D. from the Institute
of Pathobiochemistry and General Neurochemistry at the Faculty of Medicine at Ruprecht-Karls-University in Heidelberg.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><B><I>Michael Wolf, Head of Finance and Administration.</I></B>
Mr. Wolf joined us in 2015 and has responsibility for the Company&rsquo;s finance department including general administration.
Prior to joining Affimed, he worked from 2006 to 2014 at SYGNIS AG, Heidelberg, a German listed Biotech company as Director Finance
and most recently as Vice</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 104 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->98<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">President Finance &amp; Administration. Between 2001 and 2006,
Mr. Wolf was employed at Ernst &amp; Young, where he most recently served as Audit Manager for audit and consulting mandates with
Biotech companies and private Life Science funds. In 2005, Mr. Wolf has successfully passed the tax consultant exam. From 1996
to 2001, he worked as auditor at the Frankfurt Branch of KPMG. During this time he was involved particularly in audit and consulting
mandates for banks and financial institutions across Europe. Mr. Wolf holds a Diploma in Business Administration from Fachhochschule
Ludwigshafen.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_031"></A>Compensation</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Management services agreements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our managing directors have entered into management services
agreements with us. The management services agreements of Adi Hoess, Florian Fischer and Jens-Peter Marschner became effective
upon the consummation of our initial public offering. The management services agreement of J&ouml;rg Windisch became effective
upon his appointment by the general meeting of shareholders on January 21, 2016. These agreements comprise the following elements:
fixed salary, bonus payments, earmarked pension and social security payments and share based compensation components. In addition
these agreements provide for benefits upon a termination of service.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Long-term incentive plans</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Equity Incentive Plan 2014</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In conjunction with the closing of our initial public offering,
we established the Affimed N.V. Equity Incentive Plan 2014 (&ldquo;the 2014 Plan&rdquo;) with the purpose of advancing the interests
of our shareholders by enhancing our ability to attract, retain and motivate individuals who are expected to make important contributions
to us. The maximum number of shares available for issuance under the 2014 Plan equals 7% of the total outstanding common shares
on September 17, 2014, or 1,678,891 common shares. On January 1 of any calendar year thereafter (including January 1, 2016), an
additional 5% of the total outstanding common shares on that date becomes available for issuance under the 2014 Plan. The absolute
number of shares available for issuance under the 2014 Plan will increase automatically upon the issuance of additional shares
by the Company. The option exercise price for options under the 2014 Plan is the fair market value of a share as defined in the
2014 Plan on the relevant grant date. We are following home country rules relating to the re-pricing of stock options. Under applicable
Dutch law, re-pricing is permissible, but constitutes a deviation from the best practice provisions of the DCGC. As a result, if
we engage in re-pricing of stock options, we would be required to provide an explanation in our annual report for why we do not
comply with the best practice provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Plan administration.</I> The 2014 Plan is administered by
our compensation committee. Approval of the compensation committee is required for all grants of awards under the 2014 Plan. The
compensation committee may delegate to the managing directors the authority to grant equity awards under the 2014 Plan to our employees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Eligibility.</I> Supervisory directors, managing directors
and other employees and consultants of the Company are eligible for awards under the 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Awards.</I> Awards include options and restricted stock units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Vesting period.</I> Subject to any additional vesting conditions
that may be specified in an individual grant agreement, and the accelerated vesting conditions below, the plan provides for three
year vesting of stock options. One-third of the stock options granted to participants in connection with the start of their employment
vest on the first anniversary of the grant date, with the remainder vesting in equal tranches at the end of each 3-month period
thereafter. Stock options granted to other participants vest in equal tranches at the end of each 3-month period after the grant
date over the course of the vesting period. The compensation committee will establish a vesting schedule for awards granted to
supervisory directors as well as for any awards in the form of restricted stock units.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Accelerated vesting.</I> Unless otherwise specified in an
individual grant agreement, the 2014 Plan provides that upon a change of control of the Company (as defined in the 2014 Plan) all
then outstanding equity awards will vest and become immediately exercisable. It also provides that upon a participant&rsquo;s termination
of service due to (i) retirement (or after reaching the statutory retirement age), (ii) permanent disability rendering the relevant
participant incapable of continuing employment or (iii) death, all outstanding equity awards that would have vested during a 12
month period following such termination of service will vest and become immediately exercisable. Otherwise at</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 105 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->99<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">termination all unvested awards will be forfeited. If a participant
experiences a termination of service without &ldquo;cause&rdquo; or for &ldquo;good reason&rdquo; (in each case, as defined in
the 2014 Plan) within six months prior to a change of control, the Company will make a cash payment equivalent to the economic
value that the participant would have realized in connection with the change of control upon the exercise and sale of the equity
awards that such participant forfeited upon his or her termination of service. In connection with a change of control and subject
to the approval of the supervisory board, the management board may amend the exercise provisions of the 2014 Plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Stock Option Equity Incentive Plan 2007</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the Stock Option Equity Incentive Plan 2007 (the &ldquo;2007
SOP&rdquo;), we granted options that were exercisable for preferred shares. In conjunction with the corporate reorganization in
connection with our initial public offering, all outstanding awards granted under the 2007 SOP were converted into awards exercisable
for common shares of Affimed N.V., and no additional grants will be made under the 2007 SOP. All awards are fully vested. The 2007
SOP is administered by the management board, or with respect to awards to our officers, by the supervisory board. The respective
board determines the participants, the amount of the award, the exercise period and any other matters arising under the plan.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Compensation of Managing Directors and Supervisory Directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The compensation, including benefits in kind, accrued or paid
to our managing directors and supervisory directors with respect to the year ended December 31, 2015, for services in all capacities
is shown below on an individual basis. Further details for the compensation for our managing directors and supervisory directors
are given in notes 19 and 24 to our consolidated financial statements as of and for the year ending December 31, 2015. As of December
31, 2015, we have no amounts set aside or accrued to provide pension, retirement or similar benefits to our managing directors
and supervisory directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Carve-Out Agreements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Certain of our managing directors and supervisory directors
are entitled to receive, or have already received, common shares in connection with the carve-out plan described in Notes 2 and
19 to our consolidated financial statements pursuant to which 7.78% of the common shares of the Company outstanding immediately
prior to the initial public offering owned by pre-IPO existing shareholders have been or will be transferred to the beneficiaries
upon the conditions set forth therein.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Directors compensation 2015</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Managing directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>(in
&euro; thousand)</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Hoess&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Fischer&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Marschner&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Total&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 56%; text-align: left">Periodically paid compensation</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">424</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">319</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">319</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">1,062</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">Bonuses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">149</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">83</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">83</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">315</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Total cash compensation</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">573</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">402</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">402</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,377</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">2014 Plan share-based payment expense</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">774</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">298</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">252</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,324</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Total share-based payment expense</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">774</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">298</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">252</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,324</TD><TD STYLE="padding-bottom: 1pt; font-weight: bold; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Supervisory directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0.5in"><FONT STYLE="font-size: 10pt"><B>(in &euro; thousand)&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Hecht&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Grau&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Modig&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Stead&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Verdonck&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Total&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 34%; text-align: left">Periodically paid compensation</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">120</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">24</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">51</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">40</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">61</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">296</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Service fees*</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">138</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">138</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Total cash compensation</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">120</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">162</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">51</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">40</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">61</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">434</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">2014 Plan share-based payment expense</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">167</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">47</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">88</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">88</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">88</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">478</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Total share-based payment expense</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">167</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">47</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">88</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">88</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">88</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">478</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">* <FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 8pt">Ulrich
Grau is a significant shareholder and Chairman of the Board of Directors of i-novion Inc., which was engaged by us to conduct preclinical
services. In 2015, i-novion Inc. received related payments of &euro;138,000.</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif">
</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>


<!-- Field: Page; Sequence: 106 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->100<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Stock options granted under the Equity Incentive Plan 2014</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Managing directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Beneficiary&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Grant
date&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number
of options&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Strike
price USD&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Expiration
date&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 38%; text-align: left">Adi Hoess</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: center">September 4, 2015</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">290,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">9.42</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: center">September 4, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Florian Fischer</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">September 4, 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">105,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9.42</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">September 4, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Jens-Peter Marschner</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; border-bottom: Black 1pt solid">September 4, 2015</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">80,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">9.42</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; border-bottom: Black 1pt solid">September 4, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold">Total</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">475,000</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Supervisory directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 8pt; font-weight: bold; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Beneficiary&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Grant date&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Number of options&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Strike price USD&nbsp;</B></FONT></P></TD><TD STYLE="font-size: 8pt; font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; font-weight: bold; text-align: center; border-bottom: Black 1pt solid"><P STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><FONT STYLE="font-size: 10pt"><B>Expiration date&nbsp;</B></FONT></P></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 38%; text-align: left">Thomas Hecht</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: center">June 9, 2015</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">20,000</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">12.44</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 19%; text-align: center">June 9, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Ulrich M. Grau</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">July 1, 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13.47</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">July 1, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Berndt Modig</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">June 9, 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12.44</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">June 9, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Richard Stead</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">June 9, 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">20,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">12.44</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">June 9, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Ferdinand Verdonck</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; border-bottom: Black 1pt solid">June 9, 2015</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">20,000</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">12.44</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: center; padding-bottom: 1pt; border-bottom: Black 1pt solid">June 9, 2025</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold">Total</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">100,000</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: center">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dutch law provides that we must establish a policy in respect
of the remuneration of our managing directors and supervisory directors. With respect to remuneration in the form of plans for
shares or rights to shares (such as the Equity Incentive Plan 2014 mentioned above) the policy for managing directors must set
out the maximum number of shares or rights to shares to be granted as well as the criteria for grants and for amending existing
grants. The remuneration policies for the supervisory board and for the managing directors were adopted and approved by the general
meeting of shareholders prior to the consummation of our initial public offering. The remuneration policy for the supervisory board
established the compensation for our supervisory directors. The remuneration policy for the managing directors provides the supervisory
board with a framework within which the supervisory board determines the remuneration of the managing directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our remuneration policy for our managing directors provides
the supervisory board with the authority to enter into management services agreements with managing directors that provide for
compensation consisting of base compensation, performance-related variable compensation, long-term equity incentive compensation
(as detailed in the terms of the Equity Incentive Plan 2014 described above), pension and other benefits and severance pay and
benefits. The remuneration policy for the managing directors provides that the annual cash bonus payable to managing directors
may not exceed 100% of the annual base gross salary and will be based upon the achievement of set financial and operating goals
for the period. The bonus payments may be increased in any given year by the supervisory board upon a proposal of the compensation
committee based on any exceptional achievements of that managing director. In addition, the remuneration policy for managing directors
allows for cash termination payments, which may not exceed 200% of the managing director&rsquo;s base salary. This policy also
allows for additional compensation and benefits to our managing directors following a change of control.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our remuneration policy for the supervisory directors provides
for payments and initial and annual equity awards. This is permissible under Dutch law, but constitutes a deviation from the DCGC.
The remuneration policy for our supervisory directors establishes that each supervisory director will be entitled to an annual
retainer of &euro;20,000, provided that the chairman of the supervisory board will be entitled to an annual retainer of &euro;75,000.
In addition, the chairman of the audit committee is entitled to an additional annual retainer of &euro;15,000 and the chairmen
of the compensation and nomination and corporate governance committees are each entitled to annual retainers of &euro;7,500. Supervisory
directors will also be paid &euro;3,000 for each supervisory board meeting attended in person and &euro;1,500 for each supervisory
board meeting attended by telephone, provided the meeting attended by telephone exceeds 30 minutes. The members of each committee
will be paid &euro;1,500 for each committee meeting attended in person and &euro;750 for each committee meeting attended by telephone,
provided the meeting attended by telephone exceeds 30 minutes. In addition, we will grant any future chairman of the supervisory
board an initial award of stock options to purchase 35,000 common shares on the date of election as the chairman. Further, under
the remuneration policy we</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 107 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->101<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">will grant any future supervisory director an initial award
of stock options to purchase 20,000 common shares on the date of election as a supervisory director. These initial stock options
will vest over a three-year period in three equal installments on the anniversaries of the grant date. In addition, the remuneration
policy provides that each supervisory director is entitled to a total annual grant of 10,000 stock options, with the chairman of
the supervisory board entitled to an annual grant of 20,000 stock options. These annual awards will vest in four quarterly installments
and will be fully vested on the first anniversary of the grant date. Initial awards and annual awards will be granted automatically
on the respective dates of issuance based on the approval by the shareholders of the remuneration policy and will not require any
further approval by the supervisory board or the company. Supervisory directors are also entitled to be reimbursed for their reasonable
expenses incurred in attending meetings of the supervisory board and its committees.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Insurance and Indemnification</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our managing directors and supervisory directors have the benefit
of indemnification provisions in our Articles of Association. These provisions give managing directors and supervisory directors
the right, to the fullest extent permitted by law, to recover from us amounts, including but not limited to litigation expenses,
and any damages they are ordered to pay, in relation to acts or omissions in the performance of their duties. However, there is
generally no entitlement to indemnification for acts or omissions that amount to willful (<I>opzettelijk</I>), intentionally reckless
(<I>bewust roekeloos</I>) or seriously culpable (<I>ernstig verwijtbaar</I>) conduct. In addition, upon consummation of our initial
public offering, we entered into agreements with our managing directors and supervisory directors to indemnify them against expenses
and liabilities to the fullest extent permitted by law. These agreements also provide, subject to certain exceptions, for indemnification
for related expenses including, among others, attorneys&rsquo; fees, judgments, penalties, fines and settlement amounts incurred
by any of these individuals in any action or proceeding. In addition to such indemnification, we provide our managing directors
and supervisory directors with directors&rsquo; and officers&rsquo; liability insurance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Insofar as indemnification of liabilities arising under the
Securities Act may be permitted to supervisory directors, managing directors or persons controlling us pursuant to the foregoing
provisions, we have been informed that, in the opinion of the SEC such indemnification is against public policy as expressed in
the Securities Act and is therefore unenforceable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_032"></A>Board practices</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Supervisory board</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our supervisory board supervises the policies of the management
board and the general course of the affairs of our business. The supervisory board gives advice to the management board and is
guided by our interests and our business when performing its duties. The management board provides the supervisory board with such
necessary information as is required to perform its duties. Supervisory directors are appointed by the general meeting of shareholders
upon a binding nomination of the supervisory board for a term of up to four years.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our Articles of Association provide for a term of appointment
of supervisory directors of up to four years. Furthermore, our Articles of Association state that a supervisory director may be
reappointed, but that any supervisory director may be a supervisory director for no longer than twelve (12) years. Our supervisory
directors are appointed for different terms as a result of which only approximately one quarter of our supervisory directors will
be subject to election in any one year. Such an appointment has the effect of creating a staggered board and may deter a takeover
attempt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The supervisory board meets as often as a supervisory board
member deems necessary. In a meeting of the supervisory board, each supervisory director has a right to cast one vote. All resolutions
by the supervisory board are adopted by an absolute majority of the votes cast. In the event the votes are equally divided, the
chairman has the decisive vote. A supervisory director may grant another supervisory director a written proxy to represent him
at the meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our supervisory board can pass resolutions outside of meetings,
provided that the resolution is adopted in writing and all supervisory directors have consented to adopting the resolution outside
of a meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Our supervisory directors do not have a retirement age requirement
under our Articles of Association.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 108 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->102<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Management board</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The management board is in charge of managing us under the supervision
of the supervisory board. The number of managing directors is determined by our supervisory board. Managing directors are appointed
by the general meeting of shareholders upon a binding nomination of the supervisory board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">At least once per year the management board informs the supervisory
board in writing of the main lines of our strategic policy, the general and financial risks and the management and control system.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have a strong centralized management board led by Adi Hoess,
our Chief Executive Officer, who has a strong track record in the development and commercialization of new medicines. Our management
team has extensive experience in the biopharmaceutical industry, and key members of our team have played an important role in the
development and commercialization of approved drugs.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Supervisory Board Committees</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Audit committee</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The audit committee, which consists of Ferdinand Verdonck (Chairman),
Berndt Modig and Bernhard Ehmer, assists the board in overseeing our accounting and financial reporting processes and the audits
of our financial statements. In addition, the audit committee is directly responsible for the appointment, compensation, retention
and oversight of the work of our independent registered public accounting firm. Our supervisory board has determined that Ferdinand
Verdonck, Berndt Modig and Bernhard R. M. Ehmer satisfy the &ldquo;independence&rdquo; requirements set forth in Rule 10A-3 under
the Exchange Act. The supervisory board has determined that each of Ferdinand Verdonck and Berndt Modig qualifies as an &ldquo;audit
committee financial expert,&rdquo; as such term is defined in the rules of the SEC.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The audit committee is responsible for recommending the appointment
of the independent auditor to the general meeting of shareholders; the appointment, compensation, retention and oversight of any
accounting firm engaged for the purpose of preparing or issuing an audit report or performing other audit services; pre-approving
the audit services and non-audit services to be provided by our independent auditor before the auditor is engaged to render such
services; evaluating the independent auditor&rsquo;s qualifications, performance and independence, and presenting its conclusions
to the full supervisory board on at least an annual basis and reviewing and discussing with the management board and the independent
auditor our annual audited financial statements and quarterly financial statements prior to the filing of the respective annual
and quarterly reports, among other things.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The audit committee meets as often as one or more members of
the audit committee deem necessary, but in any event at least four times per year. The audit committee meets at least once per
year with our independent accountant, without our management board being present.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Compensation committee</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The compensation committee, which consists of Thomas Hecht (Chairman),
Ulrich Grau and Berndt Modig, assists the supervisory board in determining management board compensation. The committee recommends
to the supervisory board for determination the compensation of each of our managing directors. Under SEC and Nasdaq rules, there
are heightened independence standards for members of the compensation committee, including a prohibition against the receipt of
any compensation from us other than standard supervisory director fees. As permitted by the listing requirements of Nasdaq, we
have opted out of Nasdaq Listing Rule 5605(d) which requires that a compensation committee consist entirely of independent directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The compensation committee is responsible for identifying, reviewing
and approving corporate goals and objectives relevant to management board compensation; analyzing the possible outcomes of the
variable remuneration components and how they may affect the remuneration of the managing directors; evaluating each managing director&rsquo;s
performance in light of such goals and objectives and determining each managing director&rsquo;s compensation based on such evaluation
and determining any long-term incentive component of each managing director&rsquo;s compensation in line with the remuneration
policy and reviewing our management board compensation and benefits policies generally, among other things.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 109 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->103<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Nomination and corporate governance committee</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The nomination and corporate governance committee, which consists
of , Thomas Hecht (Chairman), Ulrich Grau and Richard B. Stead, assists our supervisory board in identifying individuals qualified
to become members of our supervisory board and management board consistent with criteria established by our supervisory board and
in developing our corporate governance principles. As permitted by the listing requirements of Nasdaq, we have opted out of Nasdaq
Listing Rule 5605(e) which requires independent director oversight of director nominations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">D.</TD><TD><A NAME="a_033"></A>Employees</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of March 15, 2016, we had 39 personnel (full time equivalents),
approximately 70% of whom have an advanced academic degree (Diploma/ Master, PhD, MD). Including AbCheck and Affimed Inc., our
total headcount is 64.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">None of our employees is subject to a collective bargaining
agreement or represented by a trade or labor union. We have established a workers&rsquo; council for our employees. We consider
our relations with our employees to be good.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">E.</TD><TD><A NAME="a_034"></A>Share ownership</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See &ldquo;Item 7. Major Shareholders and Related Party Transactions&mdash;A.
Major shareholders.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_035"></A>ITEM 7. MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_036"></A>Major shareholders</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following table presents information relating to the beneficial
ownership of our common shares as of March 15, 2016, by:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>each person, or group of affiliated persons, known by us to own beneficially 5% or more of our outstanding common shares (as
of the date of such stockholder&rsquo;s Schedule 13D or Schedule 13G filing for Affimed N.V. with the SEC);</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>each of our managing directors and supervisory directors; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>all managing directors and supervisory directors as a group.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The number of common shares beneficially owned by each entity,
person, managing director or supervisory director is determined in accordance with the rules of the SEC, and the information is
not necessarily indicative of beneficial ownership for any other purpose. Under such rules, beneficial ownership includes any common
shares over which the individual has sole or shared voting power or investment power as well as any common shares that the individual
has the right to acquire within 60 days of March 15, 2016 through the exercise of any option, warrant or other right. Except as
otherwise indicated, and subject to applicable community property laws, the persons named in the table have sole voting and investment
power with respect to all common shares held by that person.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The percentage of shares beneficially owned is computed on the
basis of 33,259,404 of our common shares outstanding as of March 15, 2016. Common shares that a person has the right to acquire
within 60 days of March 15, 2016 are deemed outstanding for purposes of computing the percentage ownership of the person holding
such rights, but are not deemed outstanding for purposes of computing the percentage ownership of any other person, except with
respect to the percentage ownership of all managing directors and supervisory directors as a group. Each common share confers the
right on the holder to cast one vote at the general meeting of shareholders and no shareholder has different voting rights. Unless
otherwise indicated below, the address for each beneficial owner listed is c/o Affimed N.V., c/o Affimed GmbH, Technologiepark,
Im Neuenheimer Feld 582, 69120 Heidelberg, Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 110 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->104<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; text-align: center">Shares beneficially<BR> owned</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left">Name and address of beneficial owner</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center">Number</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center">Percent</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left">5% Shareholders</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; text-align: left">Entities affiliated with Aeris Capital AG(1)&#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">8,975,598</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">27.0</TD><TD STYLE="width: 1%; text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Entities affiliated with OrbiMed Advisors LLC(2)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,500,641</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13.5</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Novo Nordisk A/S(3)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,734,014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8.2</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Brookside Capital Trading Fund, L.P.(4)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,097,902</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6.3</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Managing Directors and Supervisory Directors</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Adi Hoess(5)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">125,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.4</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Florian Fischer(5)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">50,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.2</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Jens-Peter Marschner(5)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">45,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.1</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Thomas Hecht&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">62,868</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.2</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Bernhard R.M. Ehmer&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,000</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.0</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Ulrich M. Grau&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">79,919</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.2</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Berndt Modig&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.1</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Richard B. Stead&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">27,090</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.1</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Ferdinand Verdonck&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,500</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0.1</TD><TD STYLE="text-align: left">%</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">All managing directors and supervisory directors as a group (9 persons)&#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">429,877</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1.3</TD><TD STYLE="text-align: left">%</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>Consists of 8,939,924 shares held by SGR Sagittarius Holding AG (&ldquo;Sagittarius&rdquo;) and 35,674 shares held by AGUTH
Holding GmbH (&ldquo;AGUTH&rdquo;). Voting and investment power over the shares held by SGR Sagittarius Holding AG is exercised
by the Board of Directors of SGR Sagittarius Holding AG, Dr. Johann Irsigler, Manuel Werder and Sonja Frech. The address for SGR
Sagittarius Holding AG is Br&uuml;gglistrasse 2, 8852 Altendorf, Switzerland. Voting and investment power over the shares held
by AGUTH is exercised by the Board of Directors of AGUTH, Harald Tschira and Udo Tschira. The address for AGUTH is Schlo&szlig;-Wolfsbrunnenweg
33, 69118 Heidelberg, Germany. This information is based on a statement filed on Schedule 13D with the SEC on December 17, 2015.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(2)</TD><TD>Consists of 4,458,842 shares held by OrbiMed Private Investments III, LP (&ldquo;OPI III&rdquo;) and 41,799 shares held by
OrbiMed Associates III, LP (&ldquo;Associates III&rdquo;). OrbiMed Capital GP III LLC (&ldquo;GP III&rdquo;) is the general partner
of OPI III. OrbiMed Advisors LLC (&ldquo;OrbiMed&rdquo;) is the managing member of GP III and the general partner of Associates
III. Samuel D. Isaly is the managing member of and owner of a controlling interest in OrbiMed and may be deemed to have voting
and investment power over the shares held by OPI III and Associates III noted above. Each of GP III, Advisors and Mr. Isaly disclaims
beneficial ownership of such shares, except to the extent of its or his pecuniary interest therein, if any. The address for OPI
III, Associates III, and OrbiMed is c/o OrbiMed Advisors LLC, 601 Lexington Avenue, 54th Floor, New York, NY 10022. This information
is based on a statement filed on Schedule 13D with the SEC on March 17, 2016.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(3)</TD><TD>Novo Nordisk A/S is a publicly-held entity whose B shares are listed on the NASDAQ OMX Copenhagen and whose ADRs are listed
on the New York Stock Exchange. The address for Novo Nordisk A/S is Novo All&eacute;, DK-2880 Bagsv&aelig;rd, Denmark. This information
is based on a statement filed on Schedule 13G with the SEC on February 17, 2015.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(4)</TD><TD>Brookside Capital Trading Fund, L.P. (&ldquo;Brookside&rdquo;), is a privately held entity affiliated with Bain Capital LLC.
The address for Brookside is Brookside Capital Trading Fund, L.P., John Hancock Tower 200 Cl, Boston, MA 02116. This information
is based on a statement filed on Schedule 13G with the SEC on May 13, 2015.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 8pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(5)</TD><TD>Indicates that the director is entitled to receive common shares in connection with the carve-out plan described in Notes 2
and 19 to our consolidated financial statements pursuant to which 7.78% of the common shares of the Company outstanding immediately
prior to the initial public offering owned by pre-IPO existing shareholders will be transferred to the beneficiaries upon the conditions
set forth therein.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 8pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Significant Changes in Ownership by Major Shareholders</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have experienced significant changes in the percentage ownership
held by major shareholders as a result of our initial public offering and subsequent offerings. Immediately prior to our initial
public offering in September 2014, our principal shareholders were entities affiliated with Aeris Capital AG (32.2% ownership),
entities affiliated with OrbiMed Advisors LLC (30.7% ownership), Novo Nordisk A/S (14.3% ownership), BioMedInvestI Ltd. (9.2% ownership)
and entities affiliated with Life Sciences Partners (9.2% ownership).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On September 17, 2014, we completed our initial public offering
and listed our common shares on the Nasdaq Global Market. In the initial public offering, we sold 8,000,000 common shares. Certain
of our pre-IPO investors purchased approximately $23.7 million of our common shares in the initial public offering.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On May 12, 2015 we completed a public offering and sold 5,750,000
common shares to new investors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 111 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->105<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On October 14, 2015 we sold 3.3 million shares to SGR Sagittarius
Holding AG, an existing shareholder affiliated with Aeris Capital AG.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Holders</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As of March 15, 2016, we had approximately 13 shareholders of
record of our common stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_037"></A>B.</TD><TD>Related party transactions</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a description of related party transactions
we have entered into since January 1, 2015 with any of our members of our supervisory board or management board and the holders
of more than 5% of our common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Agreements with Supervisory Directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">We had a consulting agreement with Ulrich
M. Grau, whose term as a supervisory director became effective as of July 1, 2015. Dr. Grau&rsquo;s remuneration under the agreement
consisted of service fees for business development, corporate strategy and the development of new products. In June 2015, this
consulting agreement was terminated and all associated rights and obligations ceased. Also, according to a services agreement with
i-novion Inc., of which Dr. Grau serves as Chairman of the Board of Directors, i-novion Inc. conducted certain preclinical services
for us. In 2015, i-novion Inc. received related payments of &euro;138,000.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Agreements with Amphivena</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In 2013, we entered into a license and development agreement,
which amended and restated a 2012 license agreement, with Amphivena Therapeutics, Inc., or Amphivena, based in San Francisco, to
develop an undisclosed product candidate for hematologic malignancies in exchange for an interest in Amphivena and certain milestone
payments. We have also assigned and licensed certain technology to Amphivena and provided it with funding. See &ldquo;Item 4. Information
on the Company&mdash; B. Business overview&mdash;Amphivena&rdquo; and &ldquo;Item 5. Operating and Financial Review and Prospects&mdash;A.
Operating Results&mdash;Collaboration Agreements&mdash;Amphivena&rdquo; for more information.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Registration rights agreement</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Following the consummation of our IPO, we entered into a registration
rights agreement with certain of our existing shareholders pursuant to which we granted them the rights set forth below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Demand registration rights</I>. Certain of our shareholders
that are party to the Registration Rights Agreement (the &ldquo;RRA Shareholders&rdquo;) are entitled to request that we effect
up to an aggregate of four demand registrations under the Registration Rights Agreement, and no more than one demand registration
within any six-month period, covering the RRA Shareholders&rsquo; common shares that are subject to transfer restrictions under
Rule 144 (&ldquo;registrable securities&rdquo;). The demand registration rights are subject to certain customary conditions and
limitations, including customary underwriter cutback rights and deferral rights. No demand registration rights exist while a shelf
registration is in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Piggyback registration rights</I>. If we propose to register
any common shares (other than in a shelf registration or on a registration statement on Form F-4, S-4 or S-8), the RRA Shareholders
are entitled to notice of such registration and to include their registrable securities in that registration. The registration
of RRA Shareholders&rsquo; registrable securities pursuant to a piggyback registration does not relieve us of the obligation to
effect a demand registration. The managing underwriter has the right to limit the number of registrable securities included in
a piggyback registration if the managing underwriter believes it would interfere with the successful marketing of the common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><I>Form F-3 registration rights</I>. When we are eligible to
use Form F-3, one or more RRA Shareholders have the right to request that we file a registration statement on Form F-3. RRA Shareholders
will have the right to cause us to undertake underwritten offerings from the shelf registration, but no more than one underwritten
offering in a six-month period. Each underwritten takedown constitutes a demand registration for purposes of the maximum number
of demand registrations we are obligated to effectuate.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 112 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->106<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Subject to limited exceptions, the Registration Rights Agreement
provides that we must pay all registration expenses in connection with a demand, piggyback or shelf registration. The Registration
Rights Agreement contains customary indemnification and contribution provisions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Indemnification Agreements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We have entered into indemnification agreements with our managing
directors and supervisory directors. The indemnification agreements and our Articles of Association require us to indemnify our
managing directors and supervisory directors to the fullest extent permitted by law. See &ldquo;Item 6B. Compensation&mdash;Insurance
and Indemnification&rdquo; for a description of these indemnification agreements.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Other Agreements with Directors</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">See &ldquo;Item 6. Directors, Senior Management and Employees&mdash;B.
Compensation&rdquo; for a description of other agreements with our managing directors and supervisory directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_038"></A>Interests of Experts and Counsel</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_039"></A>ITEM 8. FINANCIAL INFORMATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_040"></A>A.</TD><TD>Consolidated statements and other financial information</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Financial statements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">See &ldquo;Item 18. Financial Statements,&rdquo;
which contains our financial statements prepared in accordance with IFRS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Legal Proceedings</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">From time to time we are involved in legal
proceedings that arise in the ordinary course of business. We believe that the outcome of these proceedings, if determined adversely,
will not have a material adverse effect on our financial position. During the period covered by the audited and approved financial
statements contained herein, we have not been a party to or paid any damages in connection with litigation that has had a material
adverse effect on our financial position. Any future litigation may result in substantial costs and be a distraction to management
and employer. No assurance can be given that future litigation will not have a material adverse effect on our financial position.
See &ldquo;Item 3. Key Information&mdash;D. Risk factors.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dividends and Dividend Policy</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We have not declared cash dividends on
our common stock in the years 2013, 2014 or 2015. We currently expect to retain future earnings, if any, to finance the operation
and expansion of our business, and we do not anticipate paying any cash dividends in the foreseeable future. Any future determination
related to our dividend policy will be made at the discretion of our supervisory board.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_041"></A>B.</TD><TD>Significant changes</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">A discussion of the significant changes
in our business can be found under &ldquo;Item 4. Information on the Company&mdash;A. History and development of the company.&rdquo;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_042"></A>ITEM 9. THE OFFER AND LISTING</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_043"></A>A.</TD><TD>Offering and listing details</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_044"></A>B.</TD><TD>Plan of distribution</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 113 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->107<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_045"></A>C.</TD><TD>Markets</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our common shares began trading on the
Nasdaq Global Market on September 12, 2014 under the symbol AFMD. The following table sets forth the high and low sales prices
as reported by Nasdaq for each quarter:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">High</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Low</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">Year Ended December 31, 2015</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; text-align: left">First Quarter &#9;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">9.16</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">5.16</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Second Quarter &#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13.75</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5.85</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Third Quarter &#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">24.20</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5.83</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Fourth Quarter &#9;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8.42</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5.75</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_046"></A>D.</TD><TD>Selling shareholders</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_047"></A>E.</TD><TD>Dilution</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_048"></A>F.</TD><TD>Expenses of the issue</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_049"></A>ITEM 10. ADDITIONAL INFORMATION</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_050"></A>A.</TD><TD>Share capital</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_051"></A>B.</TD><TD>Memorandum and articles of association</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our shareholders adopted the Articles of
Association filed as Exhibit 3.1 to our registration statement on Form F-1 (file no. 333-197097) with the SEC on September 17,
2014.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We incorporate by reference into this Annual
Report on Form 20-F the description of our Articles of Association effective upon the closing of our IPO contained in our F-1 registration
statement (File No. 333-197097) originally filed with the SEC on June 27, 2014, as amended. Such description sets forth a summary
of certain provisions of our articles of association as currently in effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_052"></A>C.</TD><TD>Material contracts</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Except as otherwise disclosed in this Annual
Report on Form 20-F (including the Exhibits), we are not currently, and have not been in the last two years, party to any material
contract, other than contracts entered into in the ordinary course of business.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_053"></A>D.</TD><TD>Exchange controls</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Cash dividends payable on our common shares
and cash interest payments to holders of our debt securities may be remitted from the Netherlands to non-residents without legal
restrictions imposed by the laws of the Netherlands, except that (i) such payments must be reported, if requested, to the Dutch
Central Bank for statistical purposes only and (ii) the transfer of funds to jurisdictions subject to general economic sanctions
adopted in connection with policies of the United Nations, European Commission or similar measures imposed directly by the Government
of the Netherlands may be restricted.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_054"></A>E.</TD><TD>Taxation</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The following summary contains a description
of material German, Dutch and U.S. federal income tax consequences of the acquisition, ownership and disposition of common shares,
but it does not purport to be a comprehensive description of all the tax considerations that may be relevant to a decision to purchase
common</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 114 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->108<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">shares. The summary is based upon the tax
laws of Germany and the Netherlands and regulations thereunder and on the tax laws of the United States and regulations thereunder
as of the date hereof, which are subject to change.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">German Tax Considerations</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following discussion is a summary of the material German
tax considerations which&mdash;as the Company has its place of management in Germany and is therefore tax resident in Germany&mdash;relate
to the purchase, ownership and disposition of our common shares both by a shareholder (an individual, a partnership or corporation)
that has a tax domicile in Germany (that is, whose place of residence, habitual abode, registered office or place of management
is in Germany) and by a shareholder without a tax domicile in Germany. This discussion does not cover the treatment of certain
special companies such as those engaged in the financial and insurance sectors and pension funds. The information is not exhaustive
and does not constitute a definitive explanation of all possible aspects of taxation that could be relevant for shareholders. The
information is based on the tax law in force in Germany as of the date hereof (and its interpretation by administrative directives
and courts) as well as typical provisions of double taxation treaties that Germany has concluded with other countries. Tax law
can change&mdash;sometimes retrospectively. Moreover, it cannot be ruled out that the German tax authorities or courts may consider
an alternative assessment to be correct that differs from the one described in this section.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This section cannot replace tailored tax advice to individual
shareholders. They are therefore advised to consult their tax advisors regarding the tax implications of the acquisition, holding
or transfer of shares and regarding the procedures to be followed to achieve a possible reimbursement of German withholding tax.
Only such advisors are in a position to take the specific tax-relevant circumstances of individual shareholders into due account.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Income Tax Implications of the Purchase, Holding and Disposal
of Shares</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In terms of the taxation of shareholders of the Company, a distinction
must be made between taxation in connection with the holding of shares (&ldquo;Taxation of Dividends&rdquo;), taxation in connection
with the sale of shares (&ldquo;Taxation of Capital Gains&rdquo;) and taxation in connection with the mortis causa or inter vivos
(munificent) transfer of shares (&ldquo;Inheritance and Gift Tax&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Taxation of Dividends</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Withholding tax</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As a general rule, the dividends distributed to the shareholder
are subject to a withholding tax (<I>Kapitalertragsteuer</I>) of 25% and a solidarity surcharge of 5.5% thereon (i.e., 26.375%
in total plus church tax, if applicable). The withholding tax is withheld and discharged for the account of the shareholders by
the Company. Dividend payments that are funded from the Company&rsquo;s contribution account for tax purposes (<I>steuerliches
Einlagekonto</I>; &sect; 27 K&ouml;rperschaftsteuergesetz, German Corporation Income Tax Act) are generally not taxable in Germany
and are not subject to withholding tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In general, the withholding tax must be withheld regardless
of whether and to which extent the dividend is exempt from tax at the level of the shareholder and whether the shareholder is domiciled
in Germany or abroad.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">However, withholding tax on dividends distributed to a company
domiciled in another EU Member State within the meaning of Article 2 of the Parent-Subsidiary Directive may be refunded or exempted
upon application and subject to further conditions. This also applies to dividends distributed to a permanent establishment of
such a parent company resident in another Member State of the European Union or to a parent company that is subject to unlimited
tax liability in Germany, provided that the participation in the Company actually forms part of such permanent establishment&rsquo;s
business assets. As further requirements for the refund or exemption of withholding tax under the Parent-Subsidiary Directive,
the shareholder needs to hold at least a 10% direct stake in the company&rsquo;s registered capital for one year and to file a
respective application with the German Federal Central Tax Office (<I>Bundeszentralamt f&uuml;r Steuern, Hauptdienstsitz Bonn-Beuel,
An der K&uuml;ppe 1, 53225 Bonn</I>) using an official form.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">With respect to distributions made to other shareholders without
a tax domicile in Germany, the withholding tax rate can be reduced in accordance with a double taxation treaty if Germany has entered
into a double taxation treaty with the shareholder&rsquo;s state of residence and if the shares neither form part of the assets
of a permanent establishment or a fixed place of business in Germany, nor form part of business assets for which a permanent representative
in Germany has been appointed. Pursuant to most German tax treaties, including the income tax treaty between</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 115 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->109<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Germany and the United States, the German withholding tax rate
is reduced to 15% (or, in certain cases, to a lower rate) with respect to distributions received by shareholders eligible for treaty
benefits. The withholding tax reduction is generally granted by the German Federal Central Tax Office (<I>Bundeszentralamt f&uuml;r
Steuern</I>) upon application in such a manner that the difference between the total amount withheld, including the solidarity
surcharge, and the reduced withholding tax actually owed under the relevant double taxation treaty is refunded by the German Federal
Central Tax Office.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Forms for the reimbursement and exemption from the withholding
at source procedure are available at the German Federal Central Tax Office (<I>http://www.bzst.bund.de</I>) as well as at German
embassies and consulates.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If dividends are distributed to corporations subject to limited
tax liability, i.e., corporations with no registered office or place of management in Germany and if the shares neither belong
to the assets of a permanent establishment or fixed place of business in Germany nor form part of business assets for which a permanent
representative in Germany has been appointed, two-fifths of the tax withheld at the source can generally be refunded even if the
prerequisites for a refund under the Parent-Subsidiary Directive or the relevant double taxation treaty are not fulfilled. The
relevant application forms are available at the German Federal Central Tax Office (at the address specified above).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The exemption from withholding tax under the Parent-Subsidiary
Directive as well as the aforementioned possibilities for a refund of withholding tax depend on certain other conditions being
met (particularly the fulfillment of so-called substance requirements&mdash;<I>Substanzerfordernisse</I>).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Taxation of dividends of shareholders with
a tax domicile in Germany</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Shares held as non-business assets</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dividends distributed to shareholders with a tax domicile in
Germany whose shares are held as non-business assets form part of their taxable capital investment income, which is subject to
a flat tax at a rate of 25% plus solidarity surcharge of 5.5% thereon (i.e., 26.375% in total plus church tax, if applicable).
The income tax owed for this dividend income is in general discharged by the withholding tax levied by the Company (flat tax&mdash;<I>Abgeltungsteuer</I>).
Income-related expenses cannot be deducted from the capital investment income, except for an annual lump-sum deduction (<I>Sparer-Pauschbetrag</I>)
of &euro;801 (&euro;1,602 for married couples filing jointly). However, the shareholder may request that his capital investment
income (including dividends) along with his other taxable income is taxed at his individual progressive income tax rate (instead
of the flat tax on capital investment income) if this results in a lower tax burden. In this case the withholding tax will be credited
against the individual progressive income tax and any excess amount will be refunded. In this case as well income-related expenses
cannot be deducted from the capital investment income, except for the aforementioned annual lump-sum deduction.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Exceptions from the flat tax apply upon application for shareholders
who have a shareholding of at least 25% in the Company and for shareholders who have a shareholding of at least 1% in the Company
and work for the Company in a professional capacity.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Shares held as business assets</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dividends from shares held as business assets by a shareholder
with a tax domicile in Germany are not subject to the flat tax. The taxation depends on whether the shareholder is a corporation,
a sole proprietor or a partnership (co-entrepreneurship). The withholding tax (including the solidarity surcharge thereon and church
tax, if applicable) withheld and paid by the Company will be credited against the shareholder&rsquo;s income tax or corporate income
tax liability (including the solidarity surcharge thereon and church tax, if applicable) or refunded in the amount of any excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Corporations</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the shareholder is a corporation with a tax domicile in Germany,
the dividends are in general effectively 95% exempt from corporate income tax and the solidarity surcharge. Five percent of the
dividends are treated as non-deductible business expenses and are therefore subject to corporate income tax (plus the solidarity
surcharge thereon) at a total tax rate of 15.825%. In other respects, business expenses actually incurred in direct relation to
the dividends may be deducted. However dividends are not exempt from corporate income tax (including solidarity surcharge thereon),
if the shareholder only held (or holds) a direct participation of less than 10% in the share capital</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 116 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->110<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">of the distributing corporation at the beginning of the calendar
year (hereinafter in all cases, a &ldquo;Portfolio Participation&rdquo; (<I>Streubesitzbeteiligung</I>)). Participations of at
least 10% acquired during a calendar year are deemed to have been acquired at the beginning of the calendar year. Participations
which a corporate shareholder holds through a partnership (including those that are co-entrepreneurships (<I>Mitunternehmerschaften</I>))
are attributable to the shareholder only on a <I>pro rata</I> basis at the ratio of the interest share of the shareholder in the
assets of the relevant partnership. Shareholders affected by the rules for the taxation of dividends from Portfolio Participations
are recommended to discuss the potential consequences with their tax advisors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">However, the dividends (after deducting business expenses economically
related to the dividends) are subject to trade tax in the full amount, unless the requirements of the trade tax participation exemption
privilege are fulfilled. In this latter case, the dividends are not subject to trade tax; however, trade tax is levied on amounts
considered to be non-deductible business expenses (amounting to 5% of the dividend). Trade tax ranges from 7% to approximately
18% depending on the municipal trade tax multiplier applied by the relevant municipal authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Sole proprietors</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the shares are held as business assets by a sole proprietor
with a tax domicile in Germany, only 60% of the dividends are subject to progressive income tax (plus the solidarity surcharge
thereon) at a total tax rate of up to approximately 47.5% (plus church tax, if applicable), under the so-called partial income
method (<I>Teileink&uuml;nfteverfahren</I>). Only 60% of the business expenses economically related to the dividends are tax-deductible.
If the shares belong to a domestic permanent establishment in Germany of a business operation of the shareholder, the dividend
income (after deducting business expenses economically related thereto) is fully subject to trade tax, unless the prerequisites
of the trade tax participation exemption privilege are fulfilled. In this latter case the net amount of dividends, i.e. after deducting
directly related expenses, is exempt from trade tax. As a rule, trade tax can be credited against the shareholder&rsquo;s personal
income tax, either in full or in part, by means of a lump-sum tax credit method&mdash;depending on the level of the municipal trade
tax multiplier and certain individual tax-relevant circumstances of the taxpayer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Partnerships</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the shareholder is a genuine business partnership or a deemed
business partnership (co-entrepreneurship) with a permanent establishment in Germany, the income tax or corporate income tax is
not levied at the level of the partnership but at the level of the respective partner. The taxation of every partner depends on
whether the partner is a corporation or an individual. If the partner is a corporation, the dividends contained in the profit share
of the partner will be taxed in accordance with the rules applicable for corporations (see &ldquo;<I>Corporations</I>&rdquo; above).
If the partner is an individual, the taxation follows the rules described for sole proprietors, (see &ldquo;<I>Sole proprietors</I>&rdquo;
above). Upon application and subject to further conditions, an individual as a partner can have his personal income tax rate reduced
for earnings retained at the level of the partnership.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, the dividends are generally subject to trade tax
in the full amount at the partnership level if the shares are attributed to a German permanent establishment of the partnership.
If a partner of the partnership is an individual, the portion of the trade tax paid by the partnership pertaining to his profit
share will generally be credited, either in full or in part, against his personal income tax by means of a lump-sum method&mdash;depending
on the level of the municipal trade tax multiplier and certain individual tax-relevant circumstances of the taxpayer. Due to a
lack of case law and administrative guidance, it is currently unclear how the rules for the taxation of dividends from Portfolio
Participations (see &ldquo;<I>Corporations</I>&rdquo; above) might impact the trade tax treatment at the level of the partnership.
Shareholders are strongly recommended to consult their tax advisors. Under a literal reading of the law, if the partnership qualifies
for the trade tax exemption privilege at the beginning of the relevant assessment period, the dividends should generally not be
subject to trade tax. However, in this case, trade tax should be levied on 5% of the dividends to the extent they are attributable
to the profit share of such corporate partners to whom at least 10% of the shares in the Company are attributable on a look-through
basis, since such portion of the dividends should be deemed to be non-deductible business expenses. The remaining portion of the
dividend income attributable to other than such specific corporate partners (which includes individual partners and should, under
a literal reading of the law, also include corporate partners to whom, on a look-through basis, only Portfolio Participations are
attributable) should (after the deduction of business expenses economically related thereto) not be subject to trade tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 117 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->111<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Taxation of dividends of shareholders without
a tax domicile in Germany</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shareholders without a tax domicile in Germany whose shares
are attributable to a German permanent establishment or fixed place of business or are part of business assets for which a permanent
representative in Germany has been appointed, are also subject to tax in Germany on their dividend income. In this respect the
provisions outlined above for shareholders with a tax domicile in Germany whose shares are held as business assets apply accordingly
(&ldquo;&mdash;<I>Taxation of dividends of shareholders with a tax domicile in Germany&mdash;Shares held as business assets</I>&rdquo;).
The withholding tax (including the solidarity surcharge thereon) withheld and passed on will be credited against the income or
corporate income tax liability or refunded in the amount of any excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In all other cases, any German limited tax liability on dividends
is discharged by withholding tax imposed by the Company. Withholding tax is only reimbursed in the cases and to the extent described
above under &ldquo;&mdash;<I>Withholding tax</I>&rdquo;.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Taxation of Capital Gains</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Taxation of capital gains of shareholders
with a tax domicile in Germany</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Shares held as non-business assets</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Gains from the disposal of shares acquired after December 31,
2008 by a shareholder with a tax domicile in Germany and held as non-business assets are generally&mdash;regardless of the holding
period&mdash;subject to a flat tax on capital investment income at a rate of 25% (plus the solidarity surcharge of 5.5% thereon,
i.e., 26.375% in total plus church tax, if applicable).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The taxable capital gain is computed as the difference between
(a) the sale proceeds and (b) the acquisition costs of the shares and the expenses related directly and economically to the disposal.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Only an annual lump-sum deduction of &euro;801 (&euro;1,602
for married couples filing jointly) may be deducted from the entire capital investments income. It is not possible to deduct income-related
expenses in connection with capital gains, except for the expenses directly related in substance to the disposal which can be deducted
when calculating the capital gains. Losses from disposals of shares may only be offset against capital gains from the disposal
of shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the disposal of the shares is executed by a domestic credit
institution, or domestic financial services institution (<I>inl&auml;ndisches Kredit-oder Finanzdienstleistungsinstitut</I>) (including
domestic branches of foreign credit and financial services institutions), domestic securities trading company (<I>inl&auml;ndisches
Wertpapierhandelsunternehmen</I>) or a domestic securities trading bank (<I>inl&auml;ndische Wertpapierhandelsbank</I>), and such
office pays out or credits the capital gains (a &ldquo;Domestic Paying Agent&rdquo;), the tax on the capital gains will in general
be discharged for the account of the seller by the Domestic Paying Agent imposing the withholding tax on investment income at the
rate of 26.375% (including the solidarity surcharge thereon) on the capital gain.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">However, the shareholder can apply for his total capital investment
income together with his other taxable income to be subject to his progressive income tax rate, as opposed to the flat tax on investment
income, if this results in a lower tax liability. In this case the withholding tax is credited against the individual progressive
income tax and any resulting excess amount will be refunded. Pursuant to the current view of the German tax authorities (which
has recently been rejected by a fiscal court; a decision by the German Federal Tax Court (<I>Bundesfinanzhof</I>) is still pending),
in this case as well income-related expenses cannot be deducted from the capital investment income, except for the aforementioned
annual lump-sum deduction. Further, the limitations on offsetting losses are also applicable under the income tax assessment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the withholding tax or, if applicable, the church tax on
capital gains, is not withheld by a Domestic Paying Agent, the shareholder is required to declare the capital gains in his income
tax return. The income tax and any applicable church tax on the capital gains will then be collected by way of assessment.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Regardless of the holding period and the time of acquisition,
gains from the disposal of shares are not subject to the flat tax but to individual progressive income tax if a shareholder domiciled
in Germany, or, in the event of a munificent transfer, their legal predecessor, or, if the shares have been munificently transferred
several times in succession, one of his legal predecessors at any point during the five years preceding the disposal directly or</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 118 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->112<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">indirectly held at least 1% of the share capital of the Company
(a &ldquo;Qualified Holding&rdquo;). In this case the partial income method applies to gains from the disposal of shares, which
means that only 60% of the capital gains are subject to tax and only 60% of the losses on the disposal and expenses economically
related thereto are tax deductible. Even though withholding tax has to be withheld by a Domestic Paying Agent in the case of a
Qualified Holding, this does not discharge the tax liability of the shareholder. Consequently, a shareholder must declare his capital
gains in his income tax return. The withholding tax (including the solidarity surcharge thereon and church tax, if applicable)
levied and paid will be credited against the shareholder&rsquo;s income tax liability as assessed (including the solidarity surcharge
thereon and any church tax, if applicable) or refunded in the amount of any excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Shares held as business assets</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Gains from the sale of shares held as business assets of a shareholder
with a tax domicile in Germany are not subject to the flat tax. The taxation of the capital gains depends on whether the shareholder
is a corporation, a sole proprietor or a partnership (co-entrepreneurship).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Corporations</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the shareholder is a corporation with a tax domicile in Germany,
the gains from the disposal of shares are in general effectively 95% exempt from corporate income tax (including the solidarity
surcharge thereon) and trade tax, regardless of the size of the participation and the holding period, and 5% of the gains are treated
as non-deductible business expenses and are therefore subject to corporate income tax (plus the solidarity surcharge thereon) at
a rate of 15.825% and trade tax (at a rate depending on the municipal trade tax multiplier applied by the municipal authority,
generally between 7% and approximately 18%). As a rule, capital losses and other profit reductions in connection with shares (e.g.,
from a write-down) cannot be deducted for tax purposes. Currently, there are no specific rules for the taxation of gains arising
from the disposal of Portfolio Participations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Sole proprietors</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the shares are held as business assets by a sole proprietor
with a tax domicile in Germany, only 60% of the gains from the disposal of the shares are subject to progressive income tax (plus
the solidarity surcharge thereon) at a total tax rate of up to approximately 47.5%, and, if applicable, church tax (partial-income
method). Only 60% of the losses on the disposal and expenses economically related thereto are tax deductible. If the shares belong
to a German permanent establishment of a business operation of the sole proprietor, 60% of the gains of the disposal of the shares
are, in addition, subject to trade tax.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Trade tax can be credited against the shareholder&rsquo;s personal
income tax liability, either in full or in part, by means of a lump-sum tax credit method&mdash;depending on the level of the municipal
trade tax multiplier and certain individual tax-relevant circumstances of the taxpayer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Partnerships</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the shareholder is a genuine business partnership or a deemed
business partnership (co-entrepreneurship) with a permanent establishment in Germany, the income or corporate income tax is not
levied at the level of the partnership but at the level of the respective partner. The taxation depends on whether the partner
is a corporation or an individual. If the partner is a corporation, the capital gains from the shares as contained in the profit
share of the partner will be taxed in accordance with the rules applicable to corporations (see &ldquo;<I>Corporations</I>&rdquo;
above). For capital gains in the profit share of a partner that is an individual, the principles outlined above for sole proprietors
apply accordingly (partial-income method, see above under &ldquo;<I>Sole proprietors</I>&rdquo;). Upon application and subject
to further conditions, a partner that is an individual can obtain a reduction of his personal income tax rate for earnings retained
at the level of the partnership.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, capital gains from the shares are subject to trade
tax at the level of the partnership if the shares are attributed to a domestic permanent establishment of a business operation
of the partnership generally, (i) at 60% as far as they are attributable to the profit share of an individual partner, and (ii)
currently, at 5% as far as they are attributable to the profit share of a corporate partner. Capital losses and other profit reductions
in connection with the shares are currently not deductible for trade tax purposes if they are attributable to the profit share
of a corporation; however, 60% of the capital losses are deductible, subject to general limitations, to the extent such losses
are attributable to the profit share of an individual.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 119 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->113<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If the partner is an individual, the portion of the trade tax
paid by the partnership attributable to his profit share will generally be credited, either in full or in part, against his personal
income tax by means of a lump-sum method&mdash;depending on the level of the municipal trade tax multiplier and certain individual
tax-relevant circumstances of the taxpayer.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Withholding tax</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In case of a Domestic Paying Agent, the capital gains from shares
held as business assets are not subject to withholding tax in the same way as shares held as non-business assets by a shareholder
(see &ldquo;<I>&mdash;Taxation of capital gains of shareholders with a tax domicile in Germany&mdash;Shares held as non-business
assets</I>&rdquo;). Instead, the Domestic Paying Agent will not levy the withholding tax, provided that (i) the shareholder is
a corporation, association of persons or estate with a tax domicile in Germany, or (ii) the shares belong to the domestic business
assets of a shareholder, and the shareholder declares so to the Domestic Paying Agent using the designated official form and certain
other requirements are met. If withholding tax is imposed by a Domestic Paying Agent, the withholding tax (including the solidarity
surcharge thereon and church tax, if applicable) imposed and discharged will be credited against the income tax or corporate income
tax liability (including the solidarity surcharge thereon and church tax, if applicable) or will be refunded in the amount of any
excess.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Taxation of capital gains of shareholders
without a tax domicile in Germany</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Capital gains derived by shareholders not tax resident in Germany
are only subject to German tax if the shareholder has a Qualified Holding in the Company or the shares belong to a domestic permanent
establishment or fixed place of business or are part of business assets for which a permanent representative in Germany has been
appointed.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In case of a Qualified Holding (as defined in &ldquo;<I>&mdash;Taxation
of capital gains of shareholders with a tax domicile in Germany&mdash;Shares held as non-business assets</I>&rdquo;), 5% of the
gains from the disposal of the shares should currently be subject to corporate income tax plus the solidarity surcharge thereon,
if the shareholder is a corporation. If the shareholder is a private individual, only 60% of the gains from the disposal of the
shares are subject to progressive income tax plus the solidarity surcharge thereon (partial-income method). However, most double
taxation treaties provide for exemption from German taxation and attribute the right of taxation to the shareholder&rsquo;s state
of residence. According to the tax authorities there is no obligation to levy withholding tax at source in the case of a Qualified
Holding if the shareholder submits to the Domestic Paying Agent a certificate of residence issued by a competent foreign tax authority.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">With regard to capital gains or losses from shares attributable
to a domestic permanent establishment or fixed place of business or which form part of business assets for which a permanent representative
in Germany has been appointed, the above-mentioned provisions pertaining to shareholders with a tax domicile in Germany whose shares
are business assets apply mutatis mutandis (see &ldquo;<I>Taxation of capital gains of shareholders with a tax domicile in Germany&mdash;Shares
held as business assets</I>&rdquo;). The Domestic Paying Agent can refrain from deducting the withholding tax if the shareholder
declares to the Domestic Paying Agent on an official form that the shares form part of domestic business assets and certain other
requirements are met.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Inheritance and Gift Tax</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The transfer of shares to another person <I>mortis causa</I>
or by way of munificent donation is generally subject to German inheritance or gift tax if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>the place of residence, habitual abode, place of management or registered office of the decedent, the donor, the heir, the
donee or another acquirer is, at the time of the asset transfer, in Germany, or such person, as a German national, has not spent
more than five continuous years outside of Germany without maintaining a place of residence in Germany, or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>the decedent&rsquo;s or donor&rsquo;s shares belonged to business assets for which there had been a permanent establishment
in Germany or a permanent representative had been appointed, or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD>the decedent or the donor, at the time of the succession or gift, held a direct or indirect interest of at least 10% of the
Company&rsquo;s share capital either alone or jointly with other related parties.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 120 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->114<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The small number of double taxation treaties in respect of inheritance
and gift tax which Germany has concluded to date usually provide for German inheritance or gift tax only to be levied in the cases
under (i) and, subject to certain restrictions, in the cases under (ii). Special provisions apply to certain German nationals living
outside of Germany and to former German nationals.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Other Taxes</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">No German financial transfer taxes, VAT, stamp duties or similar
taxes are currently levied on the purchase or disposal or other forms of transfer of the shares. However, for VAT purposes, an
entrepreneur may opt for taxation in relation to disposals of shares, which are in principle exempt from value-added-tax, if the
sale is made to another entrepreneur for the entrepreneur&rsquo;s business. Wealth tax is currently not levied in Germany.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dutch Tax Considerations</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following does not purport to present a comprehensive or
complete description of all aspects of Dutch tax law which could be of relevance to a holder of common shares (a &ldquo;Shareholder&rdquo;).
For Dutch tax purposes, a Shareholder may include an individual or entity who does not have the legal title of the common shares
in the capital of the Company (the &ldquo;Shares&rdquo;), but to whom nevertheless the Shares are attributed based either on such
individual or entity holding a beneficial interest in the Shares or based on specific statutory provisions, including statutory
provisions pursuant to which Shares are attributed to an individual who is, or who has directly or indirectly inherited from a
person who was, the settlor, grantor or similar originator of a trust, foundation or similar entity that holds the Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Shareholders or prospective Shareholders should therefore consult
their tax adviser regarding the tax consequences of any purchase, ownership or disposal of common Shares in their particular circumstance.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following summary is based on the Dutch tax law as applied
and interpreted by Dutch tax courts and as published and in effect on the date hereof, without prejudice to any amendments introduced
at a later date and implemented with or without retroactive effect. For the purpose of this paragraph, &ldquo;Dutch Taxes&rdquo;
means taxes of whatever nature levied by or on behalf of the Netherlands or any of its subdivisions or taxing authorities. The
Netherlands means the part of the Kingdom of the Netherlands that is located in Europe.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Any reference hereafter made to a treaty for the avoidance of
double taxation concluded by the Netherlands, includes the Tax Regulation for the Kingdom of the Netherlands (<I>Belastingregeling
voor het Koninkrijk</I>), the Tax Regulation for the country of the Netherlands (<I>Belastingregeling voor het land Nederland</I>),
and the agreement between the Taipei Representative Office in the Netherlands and the Netherlands Trade and Investment Office in
Taipei for the avoidance of double taxation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Withholding Tax</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A Shareholder is generally subject to Dutch dividend withholding
tax at a rate of 15% on dividends distributed by the Company. The Company is generally responsible for the withholding of such
dividend withholding tax at its source. The dividend withholding tax is for the account of the Shareholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">On January 1, 2016 the convention between Germany and the Netherlands
for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income, concluded on April 12,
2012 (the &ldquo;2012 Germany-Netherlands Treaty&rdquo;), entered into force. Under the 2012 Germany-Netherlands Treaty, a Shareholder,
other than a Shareholder who is a resident of the Netherlands, will not be subject to Dutch dividend withholding tax on dividends
distributed by the Company, irrespective of the nature or form of such dividend, if and for as long as the Company is a tax resident
solely in Germany for purposes of the 2012 Germany-Netherlands Treaty. A Shareholder that is a resident of the Netherlands, will
generally be subject to Dutch dividend withholding tax on dividends distributed by the company, irrespective of the nature or form
of such dividend, at a rate of 15%. The Company intends to be a resident solely in Germany for purposes of the 2012 Germany-Netherlands
Treaty on a continuous basis.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dividends distributed by the Company include, but are not limited
to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>distributions of profits in cash or in kind, deemed or constructive distributions, whatever they might be named or in whatever
form;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 121 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->115<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>proceeds from the liquidation of the Company, or proceeds from the redemption or the repurchase of Shares by the Company or
one of its direct or indirect subsidiaries, other than as a temporary portfolio investment (<I>tijdelijke belegging</I>), in excess
of the average paid-in capital recognized for Dutch dividend withholding tax purposes;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the nominal value of Shares issued to a Shareholder or an increase in the nominal value of the Shares, to the extent that no
contribution, recognized for Dutch dividend withholding tax purposes, has been made or will be made; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>partial repayment of paid-in capital, that is</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>not recognized for Dutch dividend withholding tax purposes, or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>recognized for Dutch dividend withholding tax purposes, to the extent that the Company has &ldquo;net profits&rdquo; (<I>zuivere
winst</I>), unless</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD>the general meeting of Shareholders has resolved in advance to make such repayment, and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD>the nominal value of the Shares concerned has been reduced with an equal amount by way of an amendment to the Articles of Association
of the Company.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The term &ldquo;net profits&rdquo; includes anticipated profits
that have yet to be realized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Notwithstanding the above, no withholding is required in the
event of a repurchase of Shares, if certain conditions are fulfilled.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If a Shareholder is resident or deemed to be resident in the
Netherlands, such Shareholder is generally entitled to an exemption or a full credit for any Dutch dividend withholding tax against
his or her Dutch income or corporate income tax liability and to a refund of any residual Dutch dividend withholding tax. The same
generally applies to a Shareholder that neither is resident nor deemed to be resident in the Netherlands if the Shares of the Company
are attributable to a Netherlands permanent establishment of such non-resident Shareholder.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If a Shareholder is resident in a country other than the Netherlands,
under certain circumstances exemptions from, reductions in or refunds of Dutch dividend withholding tax may be available pursuant
to Dutch domestic law or treaties or regulations for the avoidance of double taxation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">According to Dutch domestic anti-dividend stripping rules, no
credit against Dutch income or corporate income tax, exemption from, reduction in or refund of, Dutch dividend withholding tax
will be granted if the recipient of the dividend paid by the company is not considered to be the beneficial owner (<I>uiteindelijk
gerechtigde</I>) of such dividend as meant in these rules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Taxes on Income and Capital Gains</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This paragraph does not purport to describe the possible Dutch
tax considerations or consequences that may be relevant to a Shareholder:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>who is an individual and for whom the income or capital gains derived from the Shares are attributable to employment activities,
the income from which is taxable in the Netherlands;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>that is an entity that is not subject to corporate income tax in full or is partially exempt from corporate income tax (such
as pension funds);</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>that is an investment institution (<I>beleggingsinstelling</I>) as defined in Section 6a or 28 of the Dutch 1969 Corporate
income tax act (<I>Wet op de vennootschapsbelasting</I> 1969, &ldquo;CITA&rdquo;); or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>which is entitled to the participation exemption (<I>deelnemingsvrijstelling</I>) with respect to the Shares as defined in
Section 13 of CITA.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 122 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->116<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Residents in the Netherlands</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The description of certain Dutch tax consequences in this paragraph
is only intended for the following Shareholders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(a)</TD><TD>individuals who are resident or deemed to be resident in the Netherlands for Dutch income tax purposes (&ldquo;Dutch Individuals&rdquo;);
and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">(b)</TD><TD>entities that are subject to the CITA and are resident or deemed to be resident in the Netherlands for corporate income tax
purposes (&ldquo;Dutch Corporate Entities&rdquo;).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Dutch Individuals engaged or deemed to be
engaged in an enterprise or in miscellaneous activities</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dutch Individuals are generally subject to income tax at statutory
progressive rates with a maximum of 52% (2016) with respect to any benefits derived or deemed to be derived from Dutch Enterprise
Shares (as defined below), including any capital gains realized on the disposal thereof.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&ldquo;Dutch Enterprise Shares&rdquo; are Shares or any right
to derive benefits therefrom:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>which are attributable to an enterprise from which a Dutch Individual derives profits, whether as an entrepreneur (<I>ondernemer</I>)
or pursuant to a co-entitlement to the net worth of such enterprise (other than as an entrepreneur or a shareholder); or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>of which the benefits are taxable in the hands of a Dutch Individual as benefits from miscellaneous activities (<I>resultaat
uit overige werkzaamheden</I>) including, without limitation, activities which are beyond the scope of active portfolio investment
activities (<I>normaal actief vermogensbeheer</I>).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Dutch Individuals holding a substantial interest
or fictitious substantial interest</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dutch Individuals are generally subject to income tax at a statutory
rate of 25% (2016) with respect to any benefits derived or deemed to be derived from Shares, excluding Dutch Enterprise Shares,
(including any capital gains realized on the disposal thereof), that are attributable to a substantial interest or fictitious substantial
interest (such shares being &ldquo;Substantial Interest Shares&rdquo;).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Generally, a Shareholder has a substantial interest (<I>aanmerkelijk
belang</I>) in the Company if such Shareholder, alone or together with his or her partner, directly or indirectly:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>owns, or holds certain rights on, Shares representing 5% or more of the total issued and outstanding capital of the Company,
or of the issued and outstanding capital of any class of shares of the Company;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>holds rights to acquire Shares, whether or not already issued, representing 5% or more of the total issued and outstanding
capital of the Company, or of the issued and outstanding capital of any class of shares of the Company; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>owns, or holds certain rights on, profit participating certificates that relate to 5% or more of the annual profit of the Company
or to 5% or more of the liquidation proceeds of the Company.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Generally, a Shareholder has a fictitious substantial interest
(<I>fictief aanmerkelijk belang</I>) in the Company if, without having an actual substantial interest in the Company:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>an enterprise has been contributed to the Company in exchange for Shares on an elective non-recognition basis;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Shares have been obtained under gift law, inheritance law or matrimonial law, on a non-recognition basis, while the previous
holder had a substantial interest in the Company;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Shares have been acquired pursuant to a share merger, legal merger or legal demerger, on an elective non-recognition basis,
while the holder prior to this transaction had a substantial interest in an entity that was party thereto; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 123 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->117<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>Shares held by the holder, prior to dilution, qualified as a substantial interest and, by election, no gain was recognized
upon disqualification of these Shares.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A Shareholder will also have a substantial interest if its partner
or one of certain defined relatives of the Shareholder or of its partner has a substantial interest.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Dutch Individuals not engaged or deemed to
be engaged in an enterprise or in miscellaneous activities or having a substantial interest or fictitious substantial interest</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Generally, a Dutch Individual who owns Shares, excluding Dutch
Enterprise Shares, will be subject annually to an income tax imposed on a fictitious yield on such Shares under the regime for
savings and investments (<I>inkomen uit sparen en beleggen</I>). Irrespective of the actual income or capital gains realized, the
annual taxable benefit of all the assets and liabilities of a Dutch Individual that are taxed under this regime, including the
Shares is set at a fixed amount. The fixed amount equals 4% of the fair market value of the assets reduced by the liabilities and
measured, in general, exclusively at the beginning of every calendar year. The tax rate under the regime for savings and investments
is a flat rate of 30% (2016), with a tax free allowance of &euro;24,437 (2016).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Dutch Corporate Entities</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dutch Corporate Entities are generally subject to corporate
income tax at statutory rates up to 25% with respect to any benefits derived or deemed to be derived (including any capital gains
realized on the disposal) of Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Non-residents in the Netherlands</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A Shareholder other than a Dutch Individual or Dutch Corporate
Entity, will not be subject to any Dutch Taxes on income or capital gains with respect to the ownership and disposal or deemed
disposal of the Shares, other than dividend withholding tax as described above, except if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder, whether an individual or not, derives profits from an enterprise, whether as an entrepreneur or pursuant to
a co-entitlement to the net worth of such enterprise other than as an entrepreneur or a shareholder, which enterprise is, in whole
or in part, carried on through a permanent establishment (<I>vaste inrichting</I>) or a permanent representative (<I>vaste vertegenwoordiger</I>)
in the Netherlands, to which the Shares are attributable;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder is an individual and derives benefits from miscellaneous activities carried out in the Netherlands in respect
of the Shares, including, without limitation, activities which are beyond the scope of active portfolio investment activities;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder is an individual and has a substantial interest or a fictitious substantial interest in the company, which
substantial interest or fictitious substantial interest is not attributable to the assets of an enterprise;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder is not an individual and has a substantial interest or a fictitious substantial interest in the Company, which
substantial interest or fictitious substantial interest is not attributable to the assets of an enterprise and the main or one
of the main purposes of the chosen ownership structure is the evasion of Dutch income tax or dividend withholding tax;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder is an individual and is entitled to a share in the profits of an enterprise, other than by way of the holding
of securities, which enterprise is effectively managed in the Netherlands and to which enterprise the Shares are attributable;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder is not an individual and is entitled to a share in the profits of an enterprise or a co-entitlement to the
net worth of an enterprise, other than by way of the holding of securities, which enterprise is effectively managed in the Netherlands
and to which enterprise the Shares are attributable; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder is not an individual, is resident of Aruba, Curacao, or Sint Maarten and derives profits from an enterprise,
which enterprise is, in whole or in part, carried on through a permanent establishment or a permanent representative on Bonaire,
Sint Eustatius or Saba, to which the Shares are attributable.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 124 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->118<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">However, if and for as long as the Company is a tax resident
solely in Germany for the purposes of the 2012 Germany-Netherlands Treaty, a Shareholder other than a Dutch Individual or Dutch
Corporate Entity, who holds a substantial interest or a fictitious substantial interest in the Company will not be subject to Dutch
Taxes on income or capital gains in respect of the ownership and disposal of the Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Gift Tax and Inheritance Tax</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">No Dutch gift or inheritance tax is due in respect of any gift
of the Shares by, or inheritance of the Shares on the death of, a Shareholder, except if:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>at the time of the gift or death of the Shareholder, the Shareholder is resident, or is deemed to be resident, in the Netherlands;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the Shareholder passes away within 180 days after the date of the gift of the Shares and is not, or not deemed to be, at the
time of the gift, but is, or deemed to be, at the time of his or her death, resident in the Netherlands;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the gift of the Shares is made under a condition precedent and the Shareholder is resident, or is deemed to be resident, in
the Netherlands at the time the condition is fulfilled; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>the transfer of the Shares is otherwise construed as a gift or inheritance made by, or on behalf of, a person who, at the time
of the gift or death, is or is deemed to be resident in the Netherlands.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">For purposes of Dutch gift or inheritance tax, an individual
who is of Dutch nationality will be deemed to be resident in the Netherlands if such individual has been resident in the Netherlands
at any time during the ten years preceding the date of the gift or his or her death. For purposes of Dutch gift tax, any individual,
irrespective of his or her nationality, will be deemed to be resident in the Netherlands if he or she has been resident in the
Netherlands at any time during the 12 months preceding the date of the gift.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Other Taxes and Duties</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">No Dutch value added tax or Dutch taxes of a documentary nature,
such as stamp or registration tax or other similar tax or duty, are payable by or on behalf of a Shareholder by reason only of
the purchase, ownership and disposal of the Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Residency</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A Shareholder will not become resident, or deemed resident,
in the Netherlands for tax purposes by reason only of holding the Shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Federal Income Tax Considerations</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The following is a description of the material U.S. federal
income tax consequences to the U.S. Holders described below of owning and disposing of common shares. It does not describe all
tax considerations that may be relevant to a particular person&rsquo;s decision to hold the common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This discussion applies only to a U.S. Holder that holds common
shares as capital assets for tax purposes. In addition, it does not describe all of the tax consequences that may be relevant in
light of the U.S. Holder&rsquo;s particular circumstances, including alternative minimum tax consequences, the potential application
of the provisions of the Code known as the Medicare contribution tax and tax consequences applicable to U.S. Holders subject to
special rules, such as:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>certain financial institutions;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>dealers or traders in securities who use a mark-to-market method of tax accounting;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>persons holding common shares as part of a hedging transaction, straddle, wash sale, conversion transaction or other integrated
transaction or persons entering into a constructive sale with respect to the common shares;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 125 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->119<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>persons whose functional currency for U.S. federal income tax purposes is not the U.S. dollar;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>entities classified as partnerships for U.S. federal income tax purposes;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>tax-exempt entities, including an &ldquo;individual retirement account&rdquo; or &ldquo;Roth IRA&rdquo;;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>persons that own or are deemed to own ten percent or more of our voting shares;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>persons who acquired our common shares pursuant to the exercise of an employee stock option or otherwise as compensation; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>persons holding common shares in connection with a trade or business conducted outside of the United States.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If an entity that is classified as a partnership for U.S. federal
income tax purposes holds common shares, the U.S. federal income tax treatment of a partner will generally depend on the status
of the partner and the activities of the partnership. Partnerships holding common shares and partners in such partnerships should
consult their tax advisers as to the particular U.S. federal income tax consequences of owning and disposing of the common shares.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">This discussion is based on the Internal Revenue Code of 1986,
as amended (the &ldquo;Code&rdquo;), administrative pronouncements, judicial decisions, final, temporary and proposed Treasury
regulations, and the income tax treaty between Germany and the United States (the &ldquo;Treaty&rdquo;) all as of the date hereof,
any of which is subject to change or differing interpretations, possibly with retroactive effect.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A &ldquo;U.S. Holder&rdquo; is a holder who, for U.S. federal
income tax purposes, is a beneficial owner of common shares who is eligible for the benefits of the Treaty and is:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>a citizen or individual resident of the United States;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>a corporation, or other entity taxable as a corporation, created or organized in or under the laws of the United States, any
state therein or the District of Columbia; or</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Wingdings">&sect;</FONT></TD><TD>an estate or trust the income of which is subject to U.S. federal income taxation regardless of its source.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Holders should consult their tax advisers concerning the
U.S. federal, state, local and non-U.S. tax consequences of owning and disposing of common shares in their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Taxation of Distributions</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Subject to the passive foreign investment company rules described
below, distributions paid on common shares, other than certain pro rata distributions of common shares, will generally be treated
as dividends to the extent paid out of our current or accumulated earnings and profits (as determined under U.S. federal income
tax principles). Because we do not maintain calculations of our earnings and profits under U.S. federal income tax principles,
we expect that distributions generally will be reported to U.S. Holders as dividends. Subject to applicable limitations and the
passive foreign investment company rules described below, for so long as our common shares are listed on Nasdaq or another established
securities market in the United States or we are eligible for benefits under the Treaty, dividends paid to certain non-corporate
U.S. Holders will be eligible for taxation as &ldquo;qualified dividend income&rdquo; and therefore will be taxable at rates not
in excess of the long-term capital gain rate applicable to such U.S. Holders. U.S. Holders should consult their tax advisers regarding
the availability of the reduced tax rate on dividends in their particular circumstances. The amount of a dividend will include
any amounts withheld by us in respect of German income taxes. The amount of the dividend generally will be treated as foreign-source
dividend income to U.S. Holders and will not be eligible for the dividends-received deduction generally available to U.S. corporations
under the Code. Dividends will be included in a U.S. Holder&rsquo;s income on the date of the U.S. Holder&rsquo;s receipt of the
dividend. The amount of any dividend income paid in euros will be the U.S. dollar amount calculated by reference to the exchange
rate in effect on the date of actual or constructive receipt, regardless of whether the payment is in fact converted into U.S.
dollars. If the dividend is converted into U.S. dollars on the date of receipt, a U.S. Holder should not be required to recognize
foreign currency gain or loss in respect of the dividend income. A U.S. Holder may have foreign currency gain or loss if the dividend
is converted into U.S. dollars after the date of receipt.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 126 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->120<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Subject to applicable limitations, some of which vary depending
upon the U.S. Holder&rsquo;s particular circumstances, German income taxes withheld from dividends on common shares at a rate not
exceeding the rate provided by the Treaty will be creditable against the U.S. Holder&rsquo;s U.S. federal income tax liability.
German taxes withheld in excess of the rate applicable under the Treaty will not be eligible for credit against a U.S. Holder&rsquo;s
federal income tax liability. See &quot;German Tax Considerations &ndash; Taxation of Dividends&rdquo; for a discussion of how
to obtain the applicable treaty rate. The rules governing foreign tax credits are complex, and U.S. Holders should consult their
tax advisers regarding the creditability of foreign taxes in their particular circumstances. In lieu of claiming a foreign tax
credit, U.S. Holders may, at their election, deduct foreign taxes, including any German income tax, in computing their taxable
income, subject to generally applicable limitations under U.S. law. An election to deduct foreign taxes instead of claiming foreign
tax credits applies to all foreign taxes paid or accrued in the taxable year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Sale or Other Disposition of Common Shares</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Subject to the passive foreign investment company rules described
below, for U.S. federal income tax purposes gain or loss realized on the sale or other disposition of common shares will be capital
gain or loss, and will be long-term capital gain or loss if the U.S. Holder held the common shares for more than one year. The
amount of the gain or loss will equal the difference between the U.S. Holder&rsquo;s tax basis in the common shares disposed of
and the amount realized on the disposition, in each case as determined in U.S. dollars. This gain or loss will generally be U.S.-source
gain or loss for foreign tax credit purposes. The deductibility of capital losses is subject to various limitations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Passive Foreign Investment Company Rules</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Under the Code, we will be a PFIC for any taxable year in which,
after the application of certain &ldquo;look-through&rdquo; rules with respect to subsidiaries, either (i) 75% or more of our gross
income consists of &ldquo;passive income,&rdquo; or (ii) 50% or more of the average quarterly value of our assets consist of assets
that produce, or are held for the production of, &ldquo;passive income.&rdquo; Passive income generally includes interest, dividends,
rents, certain non-active royalties and capital gains. We believe that we were not a PFIC for U.S. federal income tax purposes
for our 2015 taxable year based on (i) certain assumptions regarding the classification of our income and assets for PFIC purposes;
and (ii) certain estimates as to the value of our assets, including the implied value of our assets based on our market capitalization
on certain dates. However, there can be no assurance that the IRS will agree with this conclusion. In addition, whether we will
be a PFIC in 2016 or any future years is uncertain because, among other things, (i) we currently own a substantial amount of passive
assets, including cash, (ii) the valuation of our assets that generate non-passive income for PFIC purposes, including our intangible
assets, is uncertain and may vary substantially over time and (iii) a decline in our market capitalization from levels experienced
in 2015 may imply a value of our assets (other than cash) that could lead us to conclude that we are a PFIC for 2016 or for a future
year. Accordingly, there can be no assurance that we will not be a PFIC for 2016 or for any other future taxable year. If we are
a PFIC for any year during which a U.S. Holder holds common shares, we generally would continue to be treated as a PFIC with respect
to that U.S. Holder for all succeeding years during which the U.S. Holder holds common shares, even if we ceased to meet the threshold
requirements for PFIC status.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If we were a PFIC for any taxable year during which a U.S. Holder
held common shares (assuming such U.S. Holder has not made a timely mark-to-market election, as described below), gain recognized
by a U.S. Holder on a sale or other disposition (including certain pledges) of the common shares would be allocated ratably over
the U.S. Holder&rsquo;s holding period for the common shares. The amounts allocated to the taxable year of the sale or other disposition
and to any year before we became a PFIC would be taxed as ordinary income. The amount allocated to each other taxable year would
be subject to tax at the highest rate in effect for individuals or corporations, as appropriate, for that taxable year, and an
interest charge would be imposed on the amount allocated to that taxable year. Further, to the extent that any distribution received
by a U.S. Holder on its common shares exceeds 125% of the average of the annual distributions on the common shares received during
the preceding three years or the U.S. Holder&rsquo;s holding period, whichever is shorter, that distribution would be subject to
taxation in the same manner as gain, described immediately above.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">A U.S. Holder can avoid certain of the adverse rules described
above by making a mark-to-market election with respect to its common shares, provided that the common shares are &ldquo;marketable.&rdquo;
Common shares will be marketable if they are &ldquo;regularly traded&rdquo; on a &ldquo;qualified exchange&rdquo; or other market
within the meaning of applicable Treasury regulations. If a U.S. Holder makes the mark-to-market election, it generally will recognize
as ordinary income any excess of the fair market value of the common shares at the end of each taxable year over their adjusted
tax basis, and will recognize an ordinary loss in respect of any excess of the adjusted tax basis of the common shares</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 127 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->121<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">over their fair market value at the end of the taxable year
(but only to the extent of the net amount of income previously included as a result of the mark-to-market election). If a U.S.
Holder makes the election, the holder&rsquo;s tax basis in the common shares will be adjusted to reflect the income or loss amounts
recognized. Any gain recognized on the sale or other disposition of common shares in a year when we are a PFIC will be treated
as ordinary income and any loss will be treated as an ordinary loss (but only to the extent of the net amount of income previously
included as a result of the mark-to-market election). U.S. Holders should consult their tax advisers regarding the availability
and advisability of making a mark-to-market election in their particular circumstances.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, in order to avoid the application of the foregoing
rules, a United States person that owns stock in a PFIC for U.S. federal income tax purposes may make a &ldquo;qualified electing
fund&rdquo; election (a &ldquo;QEF Election&rdquo;) with respect to such PFIC if the PFIC provides the information necessary for
such election to be made. If a United States person makes a QEF Election with respect to a PFIC, the United States person will
be taxed on its pro rata share of the PFIC&rsquo;s ordinary earnings and net capital gain (at ordinary income and capital gain
rates, respectively) for each taxable year that the entity is classified as a PFIC and will not be required to include such amounts
in income when actually distributed by the PFIC. We do not intend to provide information necessary for U.S. Holders to make QEF
Elections.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">In addition, if we were a PFIC or, with respect to a particular
U.S. Holder, were treated as a PFIC for the taxable year in which it paid a dividend or for the prior taxable year, the preferential
dividend rates discussed above with respect to dividends paid to certain non-corporate U.S. Holders would not apply.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">If a U.S. Holder owns common shares during any year in which
we are a PFIC, the holder generally must file annual reports containing such information as the U.S. Treasury may require on IRS
Form 8621 (or any successor form) with respect to us, generally with the holder&rsquo;s federal income tax return for that year.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">U.S. Holders should consult their tax advisers regarding whether
we are or were a PFIC and the potential application of the PFIC rules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Information Reporting and Backup Withholding</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Payments of dividends and sales proceeds that are made within
the United States or through certain U.S.-related financial intermediaries generally are subject to information reporting, and
may be subject to backup withholding, unless (i) the U.S. Holder is a corporation or other exempt recipient or (ii) in the case
of backup withholding, the U.S. Holder provides a correct taxpayer identification number and certifies that it is not subject to
backup withholding.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">The amount of any backup withholding from a payment to a U.S.
Holder will be allowed as a credit against the holder&rsquo;s U.S. federal income tax liability and may entitle it to a refund,
provided that the required information is timely furnished to the IRS.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">F.</TD><TD><A NAME="a_055"></A>Dividends and paying agents</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">G.</TD><TD><A NAME="a_056"></A>Statement by experts</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">H.</TD><TD><A NAME="a_057"></A>Documents on display</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We are subject to the informational requirements
of the Exchange Act. Accordingly, we are required to file reports and other information with the SEC, including Annual Reports
on Form 20-F and reports on Form 6-K. You may inspect and copy reports and other information filed with the SEC at the Public Reference
Room at 100 F Street, N.E., Washington, D.C. 20549. Information on the operation of the Public Reference Room may be obtained by
calling the SEC at 1-800-SEC-0330. In addition, the SEC maintains an Internet website that contains reports and other information
about issuers, like us, that file electronically with the SEC. The address of that website is <I>www.sec.gov</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 128 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->122<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">I.</TD><TD><A NAME="a_058"></A>Subsidiary information</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_059"></A>ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT
RISK</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We are not subject to any significant market risks.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_060"></A>ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_061"></A>A.</TD><TD>Debt securities</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_062"></A>B.</TD><TD>Warrants and rights</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_063"></A>C.</TD><TD>Other securities</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left"><A NAME="a_064"></A>D.</TD><TD>American Depositary Shares</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_065"></A>PART II</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_066"></A>ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_067"></A>Defaults</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">No matters to report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_068"></A>Arrears and delinquencies</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">No matters to report.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_069"></A>ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY
HOLDERS AND USE OF PROCEEDS</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">E.</TD><TD><A NAME="a_070"></A>Use of Proceeds</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">On September 17, 2014, we completed our
initial public offering of our common shares pursuant to a Registration Statement on Form F-1, as amended (File No. 333-197097)
that was declared effective on September 12, 2014. Under the registration statement, we sold an aggregate of 8,000,000 common shares.
All of these common shares were sold at a price to the public of US$7.00 per share, yielding gross proceeds of $56.0 million or
net proceeds of $52.1 million after underwriting discounts and commissions. Jefferies LLC, Leerink Partners LLC and BMO Capital
Markets Corp. were joint book-running managers for the initial public offering. We paid the offering expenses in connection with
the initial public offering, which were approximately $3.0 million, and which included SEC registration fees, FINRA filing fees,
NASDAQ listing fees and expenses, legal fees and expenses, printing and engraving expenses, accounting fees and expenses as well
as other miscellaneous fees and expenses, but excluded the underwriting discounts and commissions.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Between the effective date of the Registration
Statement and December 31, 2015, we used approximately $12 million of the net proceeds to fund research and development expenses
for AFM13, AFM11 and AFM21. None of the net proceeds (other than compensation to our management board and supervisory board as
disclosed in this Annual Report) were used to make payments, directly or indirectly, to (i) any of our directors, officers or their
associates, (ii) any persons owning 10% or more of our common shares or (iii) any of our affiliates. The intended</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 129 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->123<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">use of these proceeds has not changed from
the information mentioned in the prospectus relating to the Registration Statement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_071"></A>ITEM 15. CONTROLS AND PROCEDURES</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">A.</TD><TD><A NAME="a_072"></A>Disclosure Controls and Procedures</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">As of the end of the period covered by
this Annual Report, an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures (as
defined in Rule 13a-15(e) under the Exchange Act) was performed under the supervision and with the participation of our managing
board, including our Chief Executive Officer and Chief Financial Officer, our principal executive officer and principal financial
officer, respectively. There are inherent limitations to the effectiveness of any system of disclosure controls and procedures,
including the possibility of human error and the circumvention or overriding of the controls and procedures. Accordingly, even
effective disclosure controls and procedures can only provide reasonable assurance of achieving their control objectives.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Based on the evaluation, our Chief Executive
Officer and Chief Financial Officer concluded that our disclosure controls and procedures were effective, as of the end of the
period covered by this Annual Report, in providing a reasonable level of assurance that information we are required to disclose
in reports that we file or submit under the Exchange Act is recorded, processed, summarized, and reported within the time periods
in SEC rules and forms, including providing a reasonable level of assurance that information required to be disclosed by us in
such reports is accumulated and communicated to our management, including our principal executive officer and our principal financial
officer, as appropriate to allow timely decisions regarding required disclosure.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">B.</TD><TD><A NAME="a_073"></A>Management&rsquo;s Annual Report on Internal Control
over Financial Reporting</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our management is responsible for establishing
and maintaining adequate internal control over financial reporting, as such term is defined in Rule 13a-15(f) of the Exchange Act.
Under the supervision and with the participation of our management, including our Chief Executive Officer and Chief Financial Officer,
we conducted an evaluation of the effectiveness of our internal control over financial reporting based upon criteria established
in <I>Internal Control &ndash; Integrated Framework</I> (2013) by the Committee of Sponsoring Organizations of the Treadway Commission.
Based on that evaluation, our management concluded that our internal control over financial reporting was effective as of December
31, 2015.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">C.</TD><TD><A NAME="a_074"></A>Attestation Report of the Registered Public Accounting
Firm</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">This Annual Report does not include an
attestation report of our registered public accounting firm due to an exemption provided to emerging growth companies under the
JOBS Act.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">D.</TD><TD><A NAME="a_075"></A>Changes in Internal Control over Financial Reporting</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">No change in our internal control over
financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) occurred during the financial year ended
December 31, 2015 that has materially affected, or is reasonably likely to materially affect, our internal control over financial
reporting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_076"></A>ITEM 16. [RESERVED]</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_077"></A>ITEM 16A. Audit committee financial expert</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our supervisory board has determined that
each of Ferdinand Verdonck and Berndt Modig is an audit committee financial expert, as that term is defined by the SEC, and is
independent for the purposes of SEC and Nasdaq rules.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_078"></A>ITEM 16B. Code of ethics</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">Code of Conduct</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We have adopted a Code of Conduct which
covers a broad range of matters including the handling of conflicts of interest, compliance issues and other corporate policies
such as insider trading and equal opportunity and non-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 130 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->124<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">discrimination standards. Our Code of Conduct
applies to all of our supervisory directors, managing directors and employees. We have published our Code of Conduct on our website,
<I>www.affimed.com</I>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_079"></A>ITEM 16C. Principal Accountant Fees and Services</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">a)</TD><TD><A NAME="a_080"></A>Audit Fees</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Audit fees in 2015 amounted to &euro;322,000
and relate to audit services provided by our principal accountants in 2015, KPMG AG Wirtschaftspr&uuml;fungsgesellschaft and other
KPMG International member firms, in connection with the audit of the consolidated financial statements and statutory audits, quarterly
reviews, review of registration statements and comfort letters for the Company. Audit fees in 2014 amounted to &euro;663,000 and
relate to audit services provided by our principal accountants in 2014, KPMG AG Wirtschaftspr&uuml;fungsgesellschaft, in connection
with the audit of multiple years, quarterly reviews, review of registration statements and comfort letters for the Company. The
aggregate audit fees include fees billed or accrued for professional services rendered by the principal accountant for the audit
of our annual financial statements and review of the interim condensed consolidated financial statements and additional services
that are normally provided by the accountant in connection with statutory and regulatory filings or engagements, except for those
not required by statute or regulation.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">b)</TD><TD><A NAME="a_081"></A>Audit-Related Fees</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">c)</TD><TD><A NAME="a_082"></A>Tax Fees</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">d)</TD><TD><A NAME="a_083"></A>All Other Fees</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Other fees in 2015 amounted to &euro;14,000
and relate to consulting services provided by our principal accountants in 2015, KPMG AG Wirtschaftspr&uuml;fungsgesellschaft for
the implementation of internal controls.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">e)</TD><TD><A NAME="a_084"></A>Audit Committee's Pre-Approval Policies and Procedures</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">The Audit Committee is responsible for
the appointment, replacement, compensation, evaluation and oversight of the work of the independent auditors. As part of this responsibility,
the Audit Committee pre-approves all audit and non-audit services performed by the independent auditors in order to assure that
they do not impair the auditor's independence from the Company in accordance with the Audit Committee&rsquo;s pre-approval policy.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
</TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0in"></TD><TD STYLE="width: 0.25in; text-align: left">f)</TD><TD><A NAME="a_085"></A>Audit Work Performed by Other Than Principal Accountant
if Greater Than 50%</TD>
</TR></TABLE>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_086"></A>ITEM 16D. Exemptions from the listing standards for audit
committees</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_087"></A>ITEM 16E. Purchases of equity securities by the issuer
and affiliated purchasers</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">In 2015, no purchases of our equity securities
were made by or on behalf of Affimed or any affiliated purchaser.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_088"></A>ITEM 16F. Change in registrant&rsquo;s certifying accountant</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_089"></A>ITEM 16G. Corporate governance</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">Summary of Significant Corporate Governance
Differences from Nasdaq Listing Standards</P>

<P STYLE="font: italic bold 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 9.35pt">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Our common shares are listed on the Nasdaq
Global Select Market, or Nasdaq. We are therefore required to comply with certain of the Nasdaq&rsquo;s corporate governance listing
standards, or the Nasdaq Standards. As a foreign</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 131 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->125<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-right: 0; margin-bottom: 0pt; text-align: left">private issuer, we may follow our home
country&rsquo;s corporate governance practices in lieu of certain of the Nasdaq Standards. Our corporate governance practices differ
in certain respects from those that U.S. companies must adopt in order to maintain a Nasdaq listing. A brief, general summary of
those differences is provided as follows.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Quorum requirements</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">In accordance with Dutch law and generally
accepted business practices, our Articles of Association do not provide quorum requirements generally applicable to general meetings
of shareholders in the United States. To this extent, our practice varies from the requirement of Nasdaq Listing Rule 5620(c),
which requires an issuer to provide in its bylaws for a generally applicable quorum, and that such quorum may not be less than
one-third of the outstanding voting stock.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Solicitation of proxies</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Although we must provide shareholders with
an agenda and other relevant documents for the general meeting of shareholders, Dutch law does not have a regulatory regime for
the solicitation of proxies and the solicitation of proxies is not a generally accepted business practice in the Netherlands, thus
our practice will vary from the requirement of Nasdaq Listing Rule 5620(b).</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Compensation Committee</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">As permitted by the listing requirements
of Nasdaq, we have also opted out of the requirements of Nasdaq Listing Rule 5605(d), which requires an issuer to have a compensation
committee that, <I>inter alia</I>, consists entirely of independent directors.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Nominating and Corporate Governance Committee</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">As permitted by the listing requirements
of Nasdaq, we have also opted out of the requirements of Nasdaq Listing Rule 5605(e), which requires an issuer to have independent
director oversight of director nominations.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">Shareholder approval</P>

<P STYLE="font: italic 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We have opted out of shareholder approval
requirements for the issuance of securities in connection with certain events such as the acquisition of stock or assets of another
company, the establishment of or amendments to equity-based compensation plans for employees, a change of control of us and certain
private placements. To this extent, our practice varies from the requirements of Nasdaq Rule 5635, which generally requires an
issuer to obtain shareholder approval for the issuance of securities in connection with such events.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_090"></A>ITEM 16H. Mine safety disclosure</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Not applicable.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><A NAME="a_091"></A>PART III</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_092"></A>ITEM 17. Financial statements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">We have responded to Item 18 in lieu of
this item.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_093"></A>ITEM 18. Financial statements</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Financial Statements are filed as part
of this Annual Report, see page F-1.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0"><A NAME="a_094"></A>ITEM 19. Exhibits</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(a)&#9;The following documents are filed
as part of this registration statement:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 132 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->126<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 12%; border-bottom: Black 1pt solid; padding-right: 5pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Exhibit
                           No. &nbsp;</B></FONT></P></td>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 85%; border-bottom: Black 1pt solid; padding-right: 5pt"><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><FONT STYLE="font-size: 10pt"><B>Exhibit&nbsp;</B></FONT></P></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">1.1</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Articles of Association of Affimed N.V. (incorporated by reference to exhibit 3.1 of the
    Affimed N.V. registration statement on Form F-1 (Registration no. 333-197097) filed with the Commission on September 17, 2014)</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">2.1</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Registration Rights Agreement between Affimed N.V. and the shareholders listed therein (incorporated
    by reference to exhibit 4.1 of the Affimed N.V. report on Form 6-K (Registration no. 001-36619) filed with the Commission
    on September 22, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.1&dagger;</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">License Agreement, dated September 29, 2006 between Affimed Therapeutics AG and XOMA Ireland
    Limited (incorporated by reference to exhibit 10.1 of the Affimed N.V. registration statement on Form F-1 (Registration no.
    333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.2&dagger;</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">License Agreement, dated March 8, 2001 between Affimed Therapeutics AG and Deutsches Krebsforschungszentrum
    (DKFZ) (incorporated by reference to exhibit 10.2 of the Affimed N.V. registration statement on Form F-1 (Registration no.
    333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.3</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Memorandum of Clarification of License Agreement Signed Between Affimed Therapeutics AG
    and Deutsches Krebsforschungszentrum (DKFZ), dated March 8, 2001 (incorporated by reference to exhibit 10.3 of the Affimed
    N.V. registration statement on Form F-1 (Registration no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.4&dagger;</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment to License Agreement, dated June 13, 2006 between Affimed Therapeutics AG and
    Deutsches Krebsforschungszentrum (DKFZ) (incorporated by reference to exhibit 10.4 of the Affimed N.V. registration statement
    on Form F-1 (Registration no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.5&dagger;</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amended and Restated License and Development Agreement dated July 11, 2013 between Affimed
    Therapeutics AG and Amphivena Therapeutics, Inc. (incorporated by reference to exhibit 4.5 of the Affimed N.V.
Annual Report on Form 20-F for the year ended December 31, 2014 (File no. 001-36619) filed with the Commission on March 25, 2015).</FONT>





<FONT STYLE="font-size: 10pt"></FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.6&dagger;</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Research Funding Agreement dated August 15, 2013 between Affimed Therapeutics AG and The
    Leukemia and Lymphoma Society (incorporated by reference to exhibit 10.6 of the Affimed N.V. registration statement on Form
    F-1 (Registration no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.7&dagger;</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment No. 1 to the Research Funding Agreement, dated April 29, 2014 between Affimed
    Therapeutics AG and The Leukemia and Lymphoma Society (incorporated by reference to exhibit 10.7 of the Affimed N.V. registration
    statement on Form F-1 (Registration no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.8</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">English language summary of Lease Agreement, dated September 19, 2000 and amendments thereto
    between Affimed Therapeutics AG and Technologiepark Heidelberg II GmbH &amp; Co. KG (incorporated by reference to exhibit
    10.8 of the Affimed N.V. registration statement on Form F-1 (Registration no. 333-197097) filed with the Commission on June
    27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.9</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Lease Contract dated October 1, 2009, between Abcheck s.r.o. and V&#277;deckotechnick&yacute;
    park Plze&#324; a.s. (incorporated by reference to exhibit 10.9 of the Affimed N.V. registration statement on Form F-1 (Registration
    no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.10</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment No. 4 to Lease Contract dated October 1, 2009, between Abcheck s.r.o. and V&#277;deckotechnick&yacute;
    park Plze&#324; a.s., dated June 30, 2011 (incorporated by reference to exhibit 10.10 of the Affimed N.V. registration statement
    on Form F-1 (Registration no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.11</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment No. 5 to Lease Contract dated October 1, 2009, between Abcheck s.r.o. and V&#277;deckotechnick&yacute;
    park Plze&#324; a.s., dated November 14, 2012 (incorporated by reference to exhibit 10.11 of the Affimed N.V. registration
    statement on Form F-1 (Registration no. 333-197097) filed with the Commission on June 27, 2014).</FONT></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<!-- Field: Page; Sequence: 133 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->127<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 8pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD STYLE="width: 12%"><FONT STYLE="font-size: 10pt">4.12</FONT></td>
    <TD STYLE="width: 3%">&nbsp;</TD>
    <TD STYLE="width: 85%"><FONT STYLE="font-size: 10pt">Investment Agreement Series D Round of Financing, Affimed Therapeutics
    AG, Heidelberg, Germany, dated September 24, 2012 (incorporated by reference to exhibit 10.12 of the Affimed N.V. registration
    statement on Form F-1 (Registration no. 333-197097) filed with the Commission on August 19, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.13</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Investment Agreement Pre-IPO Financing, Affimed Therapeutics AG, Heidelberg, Germany, dated
    June 24, 2014 (incorporated by reference to exhibit 10.13 of the Affimed N.V. registration statement on Form F-1 (Registration
    no. 333-197097) filed with the Commission on August 19, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.14</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Convertible Bridge Loan Agreement, dated June 28, 2013 by and between the shareholders party
    thereto and Affimed Therapeutics AG (incorporated by reference to exhibit 10.14 of the Affimed N.V. registration statement
    on Form F-1 (Registration no. 333-197097) filed with the Commission on August 19, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.15</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment to Investment Agreement Pre-IPO Financing, Affimed Therapeutics AG, Heidelberg,
    Germany (incorporated by reference to exhibit 10.15 of the Affimed N.V. registration statement on Form F-1 (Registration no.
    333-197097) filed with the Commission on August 19, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.16</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Form of Supervisory Director and Managing Director Indemnification Agreement (incorporated
    by reference to exhibit 10.16 of the Affimed N.V. registration statement on Form F-1 (Registration no. 333-197097) filed with
    the Commission on August 19, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.17</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Term Facility Agreement between Affimed Therapeutics AG (now Affimed GmbH) and PCOF 1, LLC
    dated as of 24 July     2014 (incorporated by reference to exhibit 10.17 of the Affimed N.V. registration statement on Form
    F-1 (Registration no.     333-197097) filed with the Commission on August 19, 2014).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.18*</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment No. 1 to Term Facility Agreement, dated April 29, 2015 between Affimed GmbH and Perceptive Credit
Opportunities Fund, LP.</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">4.19</FONT>*</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Amendment No. 2 to Term Facility Agreement, dated August 14,
2015 between Affimed GmbH and Perceptive Credit Opportunities Fund, LP.</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">4.20</FONT>*</TD>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Letter Agreement with respect to Term Facility Agreement, dated
March 29, 2016 between Affimed GmbH and Perceptive Credit Opportunities Fund, LP.</FONT></TD></TR>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">8.1</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">List of subsidiaries. (incorporated by reference to exhibit 8.1 of the Affimed N.V.
Annual Report on Form 20-F for the year ended December 31, 2014 (File no. 001-36619) filed with the Commission on March 25, 2015).</FONT>
</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">12.1*</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Certification of Adi Hoess pursuant to 17 CFR 240.13a-14(a).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">12.2*</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Certification of Florian Fischer pursuant to 17 CFR 240.13a-14(a).</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">13.1*</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Certification of Adi Hoess pursuant to 17 CFR 240.13a-14(b) and 18 U.S.C. 1350.</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">13.2*</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Certification of Florian Fischer pursuant to 17 CFR 240.13a-14(b) and 18 U.S.C. 1350.</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">15.1*</FONT></td>
    <TD>&nbsp;</TD>
    <TD><FONT STYLE="font-size: 10pt">Consent of KPMG AG Wirtschaftspr&uuml;fungsgesellschaft.</FONT></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <TD>&nbsp;</td>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</td></tr>
</table>
<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">*</TD><TD>Filed herewith</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 9pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 9pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">&dagger;</TD><TD>Confidential treatment requested as to portions of the exhibit. Confidential materials omitted and filed separately with the
Securities and Exchange Commission.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 9pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">(b)&#9;Financial Statement Schedules</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">None.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>


<!-- Field: Page; Sequence: 134 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->128<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc">Table of Contents</A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Signatures</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">Pursuant to the requirements of the Securities
Act of 1933, the registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing
on Form 20-F and has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized,
in Heidelberg, Germany on March 30, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.25in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="font: 8pt Times New Roman, Times, Serif; width: 50%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td colspan="3"><FONT STYLE="font-size: 10pt">AFFIMED N.V.</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<tr>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt">By:</FONT></td>
    <td colspan="2" style="vertical-align: top; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/
    Adi Hoess</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 10pt">Name:</FONT></td>
    <TD STYLE="width: 37%"><FONT STYLE="font-size: 10pt">Adi Hoess</FONT></td>
    <TD STYLE="width: 20%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<tr style="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
</table><BR STYLE="clear: both">
<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="font: 8pt Times New Roman, Times, Serif; width: 50%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td colspan="3">&nbsp;</td>
    <TD>&nbsp;</td></tr>
<tr>
    <TD STYLE="vertical-align: bottom"><FONT STYLE="font-size: 10pt">By:</FONT></td>
    <td colspan="2" style="vertical-align: top; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">/s/
    Florian Fischer</FONT></td>
    <TD STYLE="vertical-align: top"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<tr style="vertical-align: top">
    <TD STYLE="width: 5%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 10pt">Name:</FONT></td>
    <TD STYLE="width: 37%"><FONT STYLE="font-size: 10pt">Florian Fischer</FONT></td>
    <TD STYLE="width: 20%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
<tr style="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">Title:</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
</table><BR STYLE="clear: both">


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 135 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->129<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc"><A HREF="#toc">Table of Contents</A></A></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><A NAME="toc2"></A>Index to consolidated financial statements</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; background-color: #D5EAEA">
    <TD STYLE="width: 94%"><A HREF="#a_095"><FONT STYLE="font-size: 10pt">Report of independent registered public accounting firm</FONT></A></TD>
    <TD STYLE="width: 6%"><A HREF="#a_095"><FONT STYLE="font-size: 10pt">F-2</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #D5EAEA">
    <TD><A HREF="#a_096"><FONT STYLE="font-size: 10pt">Consolidated statement of comprehensive loss</FONT></A></TD>
    <TD><A HREF="#a_096"><FONT STYLE="font-size: 10pt">F-3</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #D5EAEA">
    <TD><A HREF="#a_097"><FONT STYLE="font-size: 10pt">Consolidated statement of financial position</FONT></A></TD>
    <TD><A HREF="#a_097"><FONT STYLE="font-size: 10pt">F-4</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #D5EAEA">
    <TD><A HREF="#a_098"><FONT STYLE="font-size: 10pt">Consolidated statement of cash flows</FONT></A></TD>
    <TD><A HREF="#a_098"><FONT STYLE="font-size: 10pt">F-5</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #D5EAEA">
    <TD><A HREF="#a_099"><FONT STYLE="font-size: 10pt">Consolidated statement of changes in equity</FONT></A></TD>
    <TD><A HREF="#a_099"><FONT STYLE="font-size: 10pt">F-6</FONT></A></TD></TR>
<TR STYLE="vertical-align: top; background-color: white">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; background-color: #D5EAEA">
    <TD><A HREF="#a_100"><FONT STYLE="font-size: 10pt">Notes to the consolidated financial statements</FONT></A></TD>
    <TD><A HREF="#a_100"><FONT STYLE="font-size: 10pt">F-7</FONT></A></TD></TR>
</TABLE>
<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 136; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>



<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: white"><B><A NAME="a_095"></A>REPORT OF INDEPENDENT
REGISTERED PUBLIC ACCOUNTING FIRM&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: center; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white">The Supervisory Board<BR>
Affimed N.V.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
have audited the accompanying consolidated statements of financial position of Affimed N.V. (the &quot;Company&quot;) as of December&nbsp;31,
2015 and 2014, and the related consolidated statements of comprehensive loss, changes in equity, and cash flows for each of the
years in the three-year period ended December&nbsp;31, 2015. These financial statements are the responsibility of the Company's
management. Our responsibility is to express an opinion on these financial statements based on our audits.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;We
conducted our audits in accordance with the standards of the Public Company Accounting Oversight Board (United States). Those standards
require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material
misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements.
An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating
the overall financial statement presentation. We believe that our audits provide a reasonable basis for our opinion.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; text-indent: 0.5in">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position
of Affimed N.V. as of December&nbsp;31, 2015 and 2014, and the results of its operations and its cash flows for each of the years
in the three-year period ended December&nbsp;31, 2015 in conformity with International Financial Reporting Standards as issued
by the International Accounting Standards Board.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white"><I>/s/</I>&nbsp;KPMG AG Wirtschaftspr&uuml;fungsgesellschaft</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white">Leipzig, Germany<BR>
March&nbsp;16, 2016</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; background-color: white">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 137; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>



<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Affimed N.V.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><A NAME="a_096"></A>Consolidated statement of comprehensive loss</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>(in &euro; thousand)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Note</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">2013</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">2014</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">2015</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 56%; font-weight: bold">Revenue</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right">6</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">5,087</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">3,382</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 1%; font-weight: bold">&nbsp;</TD>
    <TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; font-weight: bold; text-align: right">7,562</TD><TD STYLE="width: 1%; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Other income &ndash; net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">7</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">610</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">381</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">651</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Research and development expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(14,354</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(9,595</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(22,008</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">General and administrative expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">9</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(7,046</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(2,346</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(7,548</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Operating (loss)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(15,703</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(8,178</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(21,343</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Finance income / (costs) - net</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(10,397</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">7,753</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">1,104</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Loss before tax</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(26,100</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(425</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(20,239</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Income taxes</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">12</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">166</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Loss for the period</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(26,099</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(259</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(20,239</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 2.5pt">Comprehensive loss</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(26,099</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(259</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(20,239</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold">Loss per share in &euro; per share</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(1.76</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(0.01</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(0.71</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">(undiluted = diluted)</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The Notes
are an integral part of these consolidated financial statements.</FONT><BR CLEAR="ALL">
</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 138; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Affimed N.V.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><A NAME="a_097"></A>Consolidated statement of financial position</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>(in &euro; thousand)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD><B>&nbsp;</B></TD><TD><B>&nbsp;</B></TD>
    <TD STYLE="text-align: right"><B>Note</B></TD><TD><B>&nbsp;</B></TD>
    <TD STYLE="text-align: left"><B>&nbsp;</B></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>December
                                         31, 2014</B></FONT></TD><TD STYLE="text-align: left"><B>&nbsp;</B></TD><TD><B>&nbsp;</B></TD>
    <TD STYLE="text-align: left"><B>&nbsp;</B></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt"><B>December
                                         31, 2015</B></FONT></TD><TD STYLE="text-align: left"><B>&nbsp;</B></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold">ASSETS</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left">Non-current assets</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Intangible assets</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right">13</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">72</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">72</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Leasehold improvements and equipment</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">14</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">974</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">915</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,046</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">987</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Current assets</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Inventories</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">15</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">199</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">228</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Trade and other receivables</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">16</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">939</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">915</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Other assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">17</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">452</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Cash and cash equivalents</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">39,725</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">76,740</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">40,863</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">78,335</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">TOTAL ASSETS</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">41,909</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">79,322</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">EQUITY AND LIABILITIES</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold">Equity</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Issued capital</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">240</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">333</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Capital reserves</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">131,544</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">187,169</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Accumulated deficit</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(99,989</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(120,228</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Total equity</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">18</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">31,795</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">67,274</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Non current liabilities</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Borrowings</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">20</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,895</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,104</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Total&nbsp;&nbsp;non-current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">3,895</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">3,104</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Current liabilities</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Trade and other payables</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">21</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,759</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,444</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Borrowings</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">20</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,472</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Deferred revenue</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">6</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,460</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,028</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Total&nbsp;&nbsp;current liabilities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">6,219</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">8,944</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">TOTAL EQUITY AND LIABILITIES</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">41,909</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">79,322</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Notes are an integral part of these consolidated financial
statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 139; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Affimed N.V.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><A NAME="a_098"></A>Consolidated statement of cash flows</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>(in &euro; thousand)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Note</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">2013</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">2014</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">2015</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; text-align: left">Cash flow from operating activities</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 56%; text-align: left">Loss for the period</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 10%; text-align: right">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(26,099</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(259</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(20,239</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Adjustments for the period:</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">- Income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">12</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(166</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">- Depreciation and amortisation</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">13, 14</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">427</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">441</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">336</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">- Loss from disposal of leasehold improvements and equipment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">13, 14</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">24</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>- Share based payments</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">19</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">8,054</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(4,891</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,220</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">- Finance income / costs - net</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">11</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">10,397</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(7,753</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(1,104</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(7,198</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(12,625</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(18,787</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Change in trade and other receivables</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">16</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(333</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">62</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">24</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Change in inventories</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">15</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(20</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(59</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(29</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Change in other assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">17</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(452</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Change in trade and other payables</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">21</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,880</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,275</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,253</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Cash used in operating activities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5,671</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(10,347</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(17,991</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Interest received</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Paid interest</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(16</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(202</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(554</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Net cash used in operating activities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(5,678</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(10,547</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(18,535</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Cash flow from investing activities</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Purchase of intangible assets</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">13</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(23</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(45</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(28</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Purchase of leasehold improvements and equipment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">14</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(139</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(260</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(249</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Proceeds from sale of equipment</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Net cash used for investing activities</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(157</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(298</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(277</TD><TD STYLE="font-weight: bold; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Cash flow from financing activities</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Proceeds from issue of common shares</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">18</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">43,213</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">56,615</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Transactions costs related to&nbsp;&nbsp;issue of common shares</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">18</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(5,343</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(3,117</TD><TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Proceeds from issue of preferred shares</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,999</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Proceeds from convertible debt</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,100</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Transactions costs related to preferred shares and convertible debt</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(16</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Proceeds from borrowings</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">4,020</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Cash flow from financing activities</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,084</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">44,889</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">53,498</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left">Net changes to cash and cash equivalents</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">(751</TD><TD STYLE="font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">34,044</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">34,686</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left">Cash and cash equivalents at the beginning of the period</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">4,902</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">4,151</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; text-align: right">39,725</TD><TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Exchange-rate related changes of cash and cash equivalents</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,530</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">2,329</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; text-align: left; padding-bottom: 1pt">Cash and cash equivalents at the end of the period</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">4,151</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">39,725</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">76,740</TD><TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Notes are an integral part of these consolidated financial
statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 140; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt"><B>Affimed N.V.</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B><A NAME="a_099"></A>Consolidated statement of changes in equity</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: left"><B>(in &euro; thousand)</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 39%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 6%">Note <BR></TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="text-align: right; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Issued capital</FONT></TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="text-align: right; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Capital reserves</FONT></TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="text-align: right; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Own shares</FONT></TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="text-align: right; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Accumulated deficit</FONT></TD><TD STYLE="text-align: left; width: 1%">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">&nbsp;&nbsp;Total equity</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance as of January 1, 2013</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">63</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">469</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(25</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(73,631</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(73,124</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><B>)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Loss for the period</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(26,099</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(26,099</TD>
    <TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance as of December 31, 2013</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">63</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">469</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(25</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(99,730</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(99,223</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><B>)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance as of January 1, 2014</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">63</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">469</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(25</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(99,730</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(99,223</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><B>)</B></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Exchange of preferred shares</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">97</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">84,907</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">25</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">85,029</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Issue of common shares</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">18</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">80</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">37,791</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">37,871</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Modification of cash-settled share based payment awards</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,648</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">7,648</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Equity-settled share based payment awards</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">19</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">299</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">299</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Issue of warrant note (Perceptive loan)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">20</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">430</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">430</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Loss for the period</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(259</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(259</TD>
    <TD STYLE="text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right"></TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance as of December 31, 2014</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">240</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">131,544</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">0</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(99,989</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">31,795</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance as of January 1, 2015</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">240</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">131,544</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">0</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(99,989</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">31,795</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Issue of common shares</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">18</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">91</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">52,463</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">52,554</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Exercise of share based payment awards</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">19 <BR></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">942</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">944</TD>
    <TD>&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Equity-settled share based payment awards</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">19</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,220</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,220</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Loss for the period</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(20,239</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">(20,239</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; padding-bottom: 2.5pt">Balance as of December 31, 2015</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="text-align: right; padding-bottom: 2.5pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">333</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">187,169</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">0</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">(120,228</TD><TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left">)</TD><TD STYLE="font-weight: bold; padding-bottom: 2.5pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">67,274</TD>
    <TD STYLE="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">The Notes are an integral part of these consolidated financial
statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 141; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><A NAME="a_100"></A>Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>



<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD>Reporting entity</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed N.V. (in the following Affimed or
Company) is a Dutch company with limited liability (naamloze vennootschap) and has its corporate seat in Amsterdam, the Netherlands.
The Company was founded as Affimed Therapeutics B.V. on May&nbsp;14, 2014 as private company with limited liability (besloten vennootschap
met beperkte aansprakelijkheid) for a purpose of a corporate reorganization of Affimed Therapeutics AG and converted its legal
form under Dutch law to a public company with limited liability for an initial public offering of its common shares.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements of
Affimed as of and for the year ended December 31, 2015 comprise the Company and its wholly owned and controlled subsidiaries Affimed
GmbH, Heidelberg, Germany (former Affimed Therapeutics AG), AbCheck s.r.o., Plzen, Czech Republic and Affimed Inc., Delaware, USA.
Financial information presented in the consolidated financial statements for periods prior to the consummation of the corporate
reorganization on September 17, 2014 is that of Affimed GmbH and its subsidiary AbCheck s.r.o. Affimed N.V. had not conducted any
operations and had not held any assets or liabilities, including contingent liabilities, prior to the reorganization. Affimed Inc.
was formed in February 2015 and provides internal services for the Group.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed is a clinical-stage biopharmaceutical
group focused on discovering and developing targeted cancer immunotherapies. The Company&rsquo;s product candidates are developed
in the field of immuno-oncology, which represents an innovative approach to cancer research that seeks to harness the body&rsquo;s
own immune system to fight tumor cells. Affimed has own research and development programs and collaborations, where the Company
is performing research services for third parties.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD>Corporate Reorganization as of September 17, 2014</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">At the initial step of the corporate reorganization,
the shareholders of Affimed Therapeutics AG subscribed for 15,984,168 common shares in Affimed Therapeutics B.V and agreed to transfer
their common shares and their preferred shares in Affimed Therapeutics AG to Affimed Therapeutics B.V in consideration therefore.
Simultaneously, the share in Affimed Therapeutics B.V. held by Stichting Affimed Therapeutics was cancelled, and as a result, Affimed
Therapeutics AG became a wholly owned subsidiary of Affimed Therapeutics B.V. The legal form of Affimed Therapeutics B.V. was converted
from a Dutch private company with limited liability to a Dutch public Company with limited liability, which resulted in a name
change into Affimed N.V.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In conjunction with the corporate reorganization,
the outstanding awards granted under the Stock Option Equity Incentive Plan 2007 (ESOP 2007) as well as under the carve-out plan,
were converted into awards exercisable for common shares of Affimed N.V. The carve-out plan granted the right to receive a cash
payment equal to a certain percentage of the fair value of Affimed Therapeutics AG upon the occurrence of a defined exit event.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The securities of Affimed Therapeutics AG
were exchanged for common shares of Affimed B.V. according to the following ratios:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(i)</TD><TD>Common shares and Series D preferred shares on an
one-to 7.54 ratio except for shares held by a less than 5% shareholder, which were exchanged on a one- to 15.46 basis;</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(ii)</TD><TD>Series E preferred shares on a one-to-13.70 basis;</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in; text-align: left">(iii)</TD><TD>ESOP 2007 awards into awards exercisable for common
shares of Affimed N.V. on a one-to 7.54 basis.</TD>
</TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 142; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The carve-out plan provided for a transfer
to the grantees of 7.78% of the common shares of the Company owned by the pre-IPO shareholders of the Company at the expiration
of the lock up agreements entered into in connection with the IPO. As a result of the consummation of the corporate reorganization,
the Company is no longer obliged to deliver cash or common shares to the grantees under the carve-out plan.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The conversion of preferred shares in Affimed
Therapeutics AG that had been classified as liability into common shares of Affimed N.V. resulted in a gain of &euro;4,835 recognized
as finance income.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD>Basis of preparation &ndash; consolidated financial statements</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Statement of compliance</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements have
been prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards
Board (IFRS).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements were
authorized for issuance by the management board on March 16, 2016.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Basis of measurement</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The consolidated financial statements have
been prepared on the historical cost basis. The Group did not opt for a valuation of liabilities at fair value through profit or
loss.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Consolidation</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company controls an entity when the
Company has power over the investee, is exposed to, or has rights to, variable returns from its involvement with the entity and
has the ability to affect those returns through its power over the entity. A subsidiary is consolidated from the date on which
control is transferred to the Company. It is de-consolidated from the date control ceases.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Intercompany transactions, balances and
unrealized gains on transactions between group companies are eliminated.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Functional and presentation currency</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">These consolidated financial statements
are presented in euro, which is also the subsidiaries&rsquo; functional currency. All financial information presented in euro has
been rounded to the nearest thousand (abbreviated &euro;) or million (abbreviated &euro; million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Presentation of consolidated statement
of comprehensive loss</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The line items include revenue, research
and development expenses and general and administrative expenses. Cost of sales and gross profit are not meaningful measures for
Affimed as a clinical-stage biopharmaceutical company with a focus on research and development activities. All expenses with regards
to own research and development and collaboration and research service agreements are presented in research and development expenses.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 143; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD>Significant accounting policies</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The accounting policies set out below have
been applied consistently to all periods presented in these consolidated financial statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Current and non-current distinction</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed presents current and non-current
assets and current and non-current liabilities as separate classifications in the statement of financial position. Affimed classifies
all amounts expected to be recovered or settled within twelve months after the reporting period as current and all other amounts
as non-current.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Foreign currency transactions</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Transactions in foreign currencies are translated
to euro at exchange rates at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at
the reporting date are translated to euro at the exchange rate at the reporting date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The foreign currency gain or loss on monetary
items is the difference between amortized cost in the functional currency at the beginning of the period, adjusted for effective
interest and payments during the period, and the amortized cost in foreign currency translated at the exchange rate at the end
of the reporting period.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Non-monetary items that are measured in
terms of historical cost in a foreign currency are translated using the exchange rate at the date of the transaction.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Foreign exchange gains or losses that relate
to borrowings and cash and cash equivalents are presented in the statement of comprehensive loss within &lsquo;finance income/costs
net&rsquo;. All other foreign exchange gains and losses are presented in the statement of comprehensive loss within &lsquo;Other
income/expenses &ndash; net&rsquo;.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Notes to the cash flow statement</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The cash flow statement has been prepared
using the indirect method for cash flows from operating activities. The cash disclosed in the cash flow statement is comprised
of cash and cash equivalents. Cash comprises cash on hand and demand deposits. Cash equivalents are short-term bank deposits and
are not subject to a significant risk of changes in value. Interest paid and received is included in the cash flow from operating
activities.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Revenue recognition</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group licenses its intellectual property
to third parties that use the intellectual property to develop product candidates and provides related research and development
services to those parties or provides research services based on intellectual property provided by the customer for those services.
The research services are performed on a &ldquo;best efforts&rdquo; basis without a guarantee of technological or commercial success.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 144; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Collaboration and license agreements are
evaluated to determine whether they involve multiple elements that can be considered separate units of accounting. To date, the
Group has not licensed or sold its intellectual property without continuing involvement by providing the related research and development
services. Accordingly, the deliverables under the Group&rsquo;s collaboration and license agreements have not qualified as separate
units of accounting.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Revenue from collaborative or other research
service agreements is recognized according to the stage of completion.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Non-refundable upfront licensing fees, research
funding or technology access fees that have generally no stand-alone value to the customer and require continuing involvement in
the form of research and development services or other efforts by the Group are recognized as revenue over the term of the service
agreement which is the period of performance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Milestone payments are contingent upon the
achievement of contractually stipulated targets. The achievement of these milestones depends largely on meeting specific requirements
laid out in the collaboration and license agreements. Consideration that is contingent upon achievement of a milestone is recognized
in its entirety as revenue in the period in which the milestone is achieved, but only if the consideration earned from the achievement
of a milestone meets all the criteria for the milestone to be considered substantive at the inception of the agreement. For a milestone
to be considered substantive, the consideration earned by achieving the milestone must (i) be commensurate with either the Group's
performance to achieve the milestone or the enhancement of the value of the item delivered as a result of a specific outcome resulting
from the Group's performance to achieve the milestone, (ii) relate solely to past performance, and (iii) be reasonable relative
to all deliverables and payment terms in the collaboration agreement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Research and development</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Research expenses are recognized as expenses
when incurred. Costs incurred on development projects are recognized as intangible assets as of the date as of which it can be
established that it is probable that future economic benefits attributable to the asset will flow to the Group considering its
technological and commercial feasibility. Given the current stage of the development of the Group&rsquo;s products, no development
expenditures have yet been capitalized. Intellectual property-related costs for patents are part of the expenditure for the research
and development projects. Therefore, registration costs for patents are expensed when incurred as long as the research and development
project concerned does not meet the criteria for capitalization.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">As part of the process of preparing the
consolidated financial statements Affimed is required to estimate its accrued expenses. This process involves reviewing quotations
and contracts, identifying services that have been performed on its behalf, estimating the level of service performed and the associated
cost incurred for the service when Affimed has not yet been invoiced or otherwise notified of the actual cost. The majority of
Affimed&rsquo;s service providers invoice monthly in arrears for services performed or when contractual milestones are met. Affimed
makes estimates of its accrued expenses as of each balance sheet date in the consolidated financial statements based on facts and
circumstances known to it at that time. Affimed periodically confirms the accuracy of its estimates with the service providers
and makes adjustments if necessary.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 145; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Employee benefits</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>Short-term employee benefits</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Short-term employee benefit obligations
are measured on an undiscounted basis and are expensed as the related service is provided.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">A liability is recognized for the amount
expected to be paid under a short-term cash bonus, if the Group has a present legal or constructive obligation to pay this amount
as a result of past service provided by the employee, and the obligation can be estimated reliably.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>Share-based payment transactions</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s share-based payment
awards outstanding as of December 31, 2014 and 2015 are classified as equity-settled share-based payment plans. Fair value of share-based
equity-settled compensation plans is measured at grant date and compensation cost is recognized over the vesting period with a
corresponding increase in equity. Fair value is estimated using the Black-Scholes-Merton formula. The formula determines the value
of an option based on input parameters like the value of the underlying instrument, the exercise price, the expected volatility
of share price returns, dividends, the risk-free interest rate and the time to maturity of the option. The number of stock options
expected to vest is estimated at each measurement date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Prior to the corporate reorganization, all
share-based payment awards were classified as cash-settled awards. They were measured based on the services received and the fair
value of the liability. Until the cash-settled awards were converted into equity-settled awards in the corporate reorganization
(see note 2), the related liability was re-measured at fair value up to the modification date with any changes in fair value recognized
in comprehensive loss for the period.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Government grants</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group receives certain government grants
that support its research effort in defined projects. These grants generally provide for reimbursement of approved costs incurred
as defined in the respective grants. Income in respect of grants also includes contributions towards the costs of research and
development. Income is recognized when costs under each grant are incurred in accordance with the terms and conditions of the grant
and the collectability of the receivable is reasonably assured.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Government grants relating to costs are
deferred and recognized in the income statement over the period necessary to match them with the costs they are intended to compensate.
When the cash in relation to recognized government grants is not yet received the amount is included as a receivable on the statement
of financial position.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group recognizes income from government
grants under &lsquo;Other income&rsquo; in the consolidated statement of comprehensive loss.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Lease payments</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Payments made under operating leases are
recognized in profit or loss on a straight-line basis over the term of the lease.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 146; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Finance income and finance costs</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Finance income comprises interest income
from interest bearing bank deposits. Interest income is recognized as it accrues in profit or loss, using the effective interest
method.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Finance costs comprise interest expense
on borrowings and fair value adjustments of embedded derivative conversion features. Borrowing costs are recognized in profit or
loss using the effective interest method.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Intangible assets</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Intangible assets comprise mainly purchased
technology licenses and software. Intangible assets are initially measured at acquisition cost, including any directly attributable
costs of preparing the asset for its intended use less accumulated amortization. Amortization begins when an asset is available
for use and amortization is calculated using the straight-line method to allocate their cost over their estimated useful lives,
as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Technology licenses: 3-14 years</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Software: 3 years</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group only owns intangible assets with
a definite useful life.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The useful lives of intangible assets are
reviewed at each reporting date. The effect of any adjustment to useful lives is recognized prospectively as a change of accounting
estimate.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><B>Leasehold improvements and equipment</B></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Leasehold improvements and equipment comprise
mainly leasehold improvements, laboratory equipment and other office equipment. Leasehold improvements and equipment are stated
at historical cost less accumulated depreciation. Historical cost includes expenditure that is directly attributable to the acquisition
of the items.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">All repairs and maintenance are charged
to profit or loss during the financial period in which they are incurred, because it does not constitute a separate asset.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Depreciation on leasehold improvements and
equipment is calculated using the straight-line method to allocate their cost over their estimated useful lives, as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Leasehold improvements: 8-10 years</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Equipment: 3-14 years</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Leasehold improvements are depreciated over
the shorter of the expected lease term for the buildings the assets relate to or the estimated useful life.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The assets&rsquo; residual values and useful
lives are reviewed, and adjusted if appropriate, at the end of each reporting period.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Gains and losses on disposals are determined
by comparing the proceeds with the carrying amount and are recognized within other income - net in the consolidated statement of
comprehensive loss.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 147; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Inventories</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Inventories are measured at the lower of
cost or net realizable value and comprise chemical substances and other consumables used for research and development. The cost
of inventories is based on the average cost-principle and includes expenditure incurred in acquiring the inventories, import duties,
as well as transport and other costs directly attributable to the purchase.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Financial instruments</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">A financial instrument is any contract that
gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>Non-derivative financial assets</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group&rsquo;s only class of non-derivative
financial assets is trade and other receivables and cash and cash equivalents.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Receivables are non-derivative financial
assets with fixed or determinable payments that are not quoted in an active market. They are included in current assets and measured
as loans and receivables (see note 16). Loans and receivables are subsequently carried at amortized cost using the effective interest
method.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Cash and cash equivalents comprise cash
balances and call deposits with original maturities of three months or less.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>Non-derivative financial liabilities</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group&rsquo;s classes of financial liabilities
are borrowings, trade and other payables and, prior to the corporate reorganization, convertible loans and preferred shares. The
Group initially recognizes non-derivative financial liabilities on the date that they are originated and measures them at amortized
cost using the effective interest rate method. The Group derecognizes a financial liability when its contractual obligations are
discharged, cancelled or expire.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD>Compound financial instruments</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company entered into the Perceptive
loan agreement pursuant to which it issued warrants to purchase common shares of the Company at the option of the holder (see note
20). The number of shares to be issued does not vary with changes in their fair value.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The liability component of the Perceptive
loan agreement was recognized initially at the fair value of a similar liability that did not have a warrant. The equity component
was recognized initially at the difference between the fair value of the compound financial instrument as a whole and the fair
value of the liability component. Subsequent to initial recognition, the liability component is measured at amortized cost using
the effective interest method. The equity component is not re-measured subsequent to initial recognition except on conversion or
expiry.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 148; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD>Embedded derivatives</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Embedded derivatives are separated from
the host contract and accounted for as a derivative if the economic characteristics and risks of the embedded derivative are not
closely related to the economic characteristics and risks of the host contract. Prior to the corporate reorganization, the conversion
features into Series D preferred shares included in the convertible loan issued in 2012 and into Series D or the highest class
of preferred shares included in the convertible loan issued in 2013 were embedded derivatives. The Group measured the fair value
of the embedded derivative on initial recognition as the difference between the fair value of the hybrid instrument and the fair
value of the host contract - the loan. The initial recognition amount of the host contract was calculated as the difference between
the issuance price and the fair value of the embedded derivative. The fair value of the host contract was derived from quoted third
party offers for similar loans without a conversion feature. Subsequently, the embedded derivatives were measured at fair value
through profit or loss with reference to the fair value of Series D preferred shares (see note 11).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Offsetting</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Financial assets and liabilities are reported
at their net amount in the statement of financial position if there is a legally enforceable right of setoff and there is an intention
to settle by setoff. The legally enforceable right must not be contingent on future events and must be enforceable in the normal
course of business and in the event of default, insolvency or bankruptcy of the company or the counterparty.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Impairment</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>Trade and other receivables</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Trade and other receivables are assessed
at each reporting date to determine whether there is objective evidence that they are impaired. Trade or other receivables are
impaired if objective evidence indicates that a loss event has occurred after the initial recognition of the receivable, and that
the loss event had a negative effect on the estimated future cash flows of that receivable that can be estimated reliably. A loss
event is the inability of a debtor to pay because of its bankruptcy. All receivables are assessed for specific impairment. Losses
are recognized in profit or loss and reflected in an allowance account against receivables. When a subsequent event causes the
amount of impairment loss to decrease, the decrease in impairment loss is reversed through profit or loss. No impairments or reversals
of impairments were recognized in 2013, 2014 or 2015.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>Non-financial assets</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Assets that are subject to depreciation
/ amortization are reviewed for impairment whenever events or changes in circumstances indicate the carrying amount may not be
recoverable. An impairment loss is recognized as the amount by which the asset&rsquo;s carrying amount exceeds its recoverable
amount. The recoverable amount is the higher of an asset&rsquo;s fair value less costs of disposal and value in use. Non- financial
assets that were previously impaired are reviewed for possible reversal of the impairment at each reporting date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 149; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Income taxes</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Income taxes comprise current and deferred
tax. Current tax and deferred tax are recognized in profit or loss except to the extent that it relates to items recognized directly
in equity or in other comprehensive loss.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Current tax is the expected tax payable
or receivable on the taxable income or loss for the year, using tax rates enacted or substantively enacted at the reporting date,
and any adjustment to tax payable in respect of previous years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Deferred tax is recognized in respect of
temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used
for taxation purposes. Deferred tax is not recognized for temporary differences associated with assets and liabilities if the transaction
which led to their initial recognition is a transaction that is not a business combination and that affects neither accounting
nor taxable profit or loss.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Deferred tax is measured at the tax rates
that are expected to be applied to temporary differences when they reverse, based on the laws that have been enacted or substantively
enacted by the reporting date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Deferred tax assets and liabilities are
presented net if there is a legally enforceable right to offset.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">A deferred tax asset is recognized for unused
tax losses, tax credits and deductible temporary differences, to the extent that it is probable that future taxable profits will
be available against which they can be utilized. Deferred tax assets are reviewed at each reporting date and are reduced to the
extent that it is no longer probable that the related tax benefit will be realized.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Fair Value Measurement</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">All assets and liabilities for which fair
value is recognized in the consolidated financial statements are organized in accordance with the following fair value hierarchy,
based on the lowest level input parameter that is significant on the whole for fair value measurement:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Level 1 &ndash; Prices for identical assets or liabilities quoted in active markets (non-adjusted)</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Level 2 &ndash; Measurement procedures, in which the lowest level input parameter significant on
the whole for fair value measurement is directly or indirectly observable for on the market</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">Level 3 &ndash; Measurement procedures, in which the lowest level input parameter significant on
the whole for fair value measurement is not directly or indirectly observable for on the market</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The carrying amount of all trade and other
receivables, cash and cash equivalents and trade and other payables is a reasonable approximation of the fair value and therefore
information about the fair values of those financial instruments has not been disclosed. The note disclosure for the fair value
of a loan (financial liability) is based on level 2 measurement procedures (see note 20).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Loss per share</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed presents loss per share data for
its common shares. Loss per common share is calculated by dividing the loss of the period by the weighted average number of common
shares outstanding during the period, adjusted for the stock split in 2014 (see note 18).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 150; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company has granted warrants under the
Perceptive loan agreement (see note 20) and options to share-based payment programs (see note 19) which potentially have a dilutive
effect. As of December 31, 2015, December 31, 2014 and December 31, 2013 no instruments actually had a dilutive effect.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Critical judgments and accounting estimates</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The preparation of the consolidated financial
statements in conformity with IFRS requires management to make judgments, estimates and assumptions that affect the application
of accounting policies and the reported amounts of assets, liabilities, income and expenses. Actual results may differ from these
estimates.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Estimates and underlying assumptions are
reviewed on an ongoing basis. Revisions to accounting estimates are recognized in the period in which the estimates are revised
and in any future periods affected.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In preparing these financial statements,
the critical judgments made by management in applying the Group's accounting policies resulted in the following accounting estimates:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt">(i)</TD><TD STYLE="text-align: justify">Share-based payments</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The fair value of stock options issued by
Affimed N.V. is estimated using the Black-Scholes-Merton formula. The formula determines the value of an option based on input
parameters like the value of the underlying instrument, the exercise price, the expected volatility of share price returns, dividends,
the risk-free interest rate and the time to maturity of the option. The fair value of share-based equity-settled compensation plans
is measured at grant date and compensation cost is recognized over the vesting period with a corresponding increase in equity.
The number of stock options expected to vest is estimated at each measurement date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt">(ii)</TD><TD STYLE="text-align: justify">Revenue recognition</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Elements of consideration in collaboration
and license agreements are non-refundable up-front research funding payments, technology access fees and milestone payments. Generally,
the Group has continuing performance obligations and therefore up-front payments are deferred and the related revenues recognized
in the period of the expected performance. Technology access fees are generally deferred and recognized over the expected term
of the research service agreement on a straight line basis.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group estimates that the achievement
of a milestone reflects a stage of completion under the terms of the agreements and recognizes revenue when a milestone is achieved.
If the research service is cancelled due to technical failure, the remaining deferred revenues from upfront payments are recognized.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 151; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>New standards and interpretations applied
for the first time</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">A number of amendments to standards and
new or amended interpretations are effective for annual periods beginning on or before January 1, 2015, and have been applied in
preparing these financial statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="width: 72%; text-align: justify">Standard/interpretation</td>
    <td style="width: 28%; text-align: justify">Effective Date <sup>1</sup></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">&nbsp;</td>
    <td style="text-align: justify">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify">Annual Improvements to IFRSs 2010-2012 Cycle</td>
    <td style="text-align: justify">July 1, 2014</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">Annual Improvements to IFRSs 2011-2013 Cycle</td>
    <td style="text-align: justify">July 1, 2014</td></tr>
</table>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><SUP>1</SUP> Shall apply for periods beginning
on or after the effective date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">None of these amendments to standards and
new or amended interpretations had an effect on the consolidated financial statements of the Group.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>New standards and interpretations not
yet adopted</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following standards, amendments to standards
and interpretations are effective for annual periods beginning after December 31, 2015, and have not been applied in preparing
these consolidated financial statements.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="width: 72%; text-align: justify">Standard/interpretation</td>
    <td style="width: 28%; text-align: justify">Effective Date <sup>1</sup></td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">&nbsp;</td>
    <td style="text-align: justify">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify">Annual Improvements to IFRSs 2012-2014 Cycle</td>
    <td style="text-align: justify">January 1, 2016</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">Amendments to IAS 16, 38 Clarification of acceptable methods</td>
    <td style="text-align: justify">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify">of depreciation and amortization</td>
    <td style="text-align: justify">January 1, 2016</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">Amendments to IAS 1 Disclosure Initiative</td>
    <td style="text-align: justify">January 1, 2016</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify">Amendments to IAS 7 Disclosure Initiative</td>
    <td style="text-align: justify">January 1, 2017</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">Amendments to IFRS 10, 12 and IAS 28 Investment Entities</td>
    <td style="text-align: justify">January 1, 2016</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify">Amendment to IFRS 11 Accounting for Acquisitions of Interests in</td>
    <td style="text-align: justify">&nbsp;</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify">Joint Operations</td>
    <td style="text-align: justify">January 1, 2016</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify"><font style="font-size: 10pt">IFRS 15 Revenue from Contracts with Customers</font></td>
    <td style="text-align: justify">January 1, 2018</td></tr>
<TR STYLE="vertical-align: top; background-color: White">
    <td style="text-align: justify"><font style="font-size: 10pt">IFRS 9 Financial Instruments (2014)</font></td>
    <td style="text-align: justify">January 1, 2018</td></tr>
<TR STYLE="vertical-align: top; background-color: rgb(213,234,234)">
    <td style="text-align: justify">IFRS 16 Leases</td>
    <td style="text-align: justify">January 1, 2019</td></tr>
</table>
<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><SUP>1</SUP> Shall apply for periods beginning
on or after the effective date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group is assessing the potential impact
that IFRS 9, 15 or 16 could have on its consolidated financial statements. The other new or amended standards and interpretations
are not expected to have a significant effect on the consolidated financial statements of the Group.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD>Segment reporting</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt">(i)</TD><TD STYLE="text-align: justify">Information about reportable segment</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group is active in the discovery, pre-clinical
and clinical development of antibodies based on core technology. The activities are either conducted as own project development
or for third party companies.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 152; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Management of resources and reporting to
the decision maker is based on the Group as a whole.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 35.45pt">(ii)</TD><TD STYLE="text-align: justify">Geographic information</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The geographic information below analyses
the Group&rsquo;s revenue and non-current assets by the country of domicile and other countries. In presenting the following information,
segment revenue has been based on the geographic location of the customers and segment assets were based on the geographic location
of the assets.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Discovery activities and research services
are conducted in both the Heidelberg and Plzen premises. Pre-clinical and clinical activities are conducted and coordinated from
Heidelberg.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="background-color: White">&nbsp;</TD>
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="text-align: right; background-color: White">2013</TD><TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="background-color: White">&nbsp;</TD>
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="text-align: right; background-color: White">2014</TD><TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="background-color: White">&nbsp;</TD>
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="text-align: right; background-color: White">2015</TD><TD STYLE="text-align: left; background-color: White">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold; background-color: White">Revenues:</TD><TD STYLE="background-color: White">&nbsp;</TD>
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="text-align: right; background-color: White">&nbsp;</TD><TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="background-color: White">&nbsp;</TD>
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="text-align: right; background-color: White">&nbsp;</TD><TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="background-color: White">&nbsp;</TD>
    <TD STYLE="text-align: left; background-color: White">&nbsp;</TD><TD STYLE="text-align: right; background-color: White">&nbsp;</TD><TD STYLE="text-align: left; background-color: White">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%">Germany</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">350</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">111</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">125</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Europe</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">344</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">367</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">711</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">USA</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">4,393</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">2,904</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">6,725</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,087</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,382</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,562</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="font-weight: bold">Non-current assets as of December 31:</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Germany</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">695</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">692</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Czech Republic</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"></TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">351</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">295</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,046</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">987</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0pt"></TD><TD STYLE="width: 35.45pt">(iii)</TD><TD STYLE="text-align: justify">Major Customers</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2013, the Group&rsquo;s revenue from
the Amphivena collaboration agreement exceeded 10%. In 2014 and 2015, the Group&rsquo;s revenue with each of its two collaboration
partners, Amphivena and the Leukemia and Lymphoma Society (in the following LLS), exceeded 10% (see note 6).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">6.</TD><TD>Revenue</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Collaboration agreement Amphivena</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed is party to a collaboration with
Amphivena Therapeutics Inc., San Francisco, USA (in the following Amphivena) to develop a product candidate for hematologic malignancies.
The collaboration consists of a series of linked transactions which in substance form a research and development collaboration.
Amphivena is a structured entity with one project and uses the funding it receives from investors (which include Affimed) and Janssen
Biotech Inc., Horsham, USA (in the following Janssen) to pay Affimed for its research and development services. Once approval of
an investigational new drug application (IND) for the product candidate is obtained, Janssen has an option to acquire Amphivena
on predetermined terms and the investors could receive further payments.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 153; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The relevant linked agreements consist of:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">a license and development agreement between Affimed and Amphivena,</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">a stock purchase agreement between Amphivena, its investors (which include Affimed) for purposes
of financing Amphivena, and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol">&middot;</FONT></TD><TD STYLE="text-align: justify">a warrant agreement between Amphivena and Janssen for purposes of financing Amphivena and providing
Janssen the option to acquire the results of the research and development activities through an acquisition of Amphivena following
IND approval.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Pursuant to the license and development
agreement between Affimed and Amphivena, Affimed grants a license to intellectual property and agreed to perform certain services
for Amphivena related to the development of a product candidate for hematological malignancies. In consideration for the research
and development work to be performed, Amphivena could be required to pay to Affimed service fees totaling approximately &euro;16
million (net of Affimed&rsquo;s share in funding Amphivena) payable according to the achievement of milestones and phase progressions
as described under the license and development agreement.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed recognized revenue of &euro;8.6
million upon achievement of three milestones consisting of the earned milestone payments of &euro;9.0 million less Affimed&rsquo;s
share in funding Amphivena of &euro;0.4 million in 2013 (&euro;4.4 million), 2014 (&euro;1.8 million) and 2015 (&euro;2.4 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">After the achievement of the third milestone,
the Group continues to provide research and development services to Amphivena for nonrefundable advance payments of &euro;7.5 million
in the aggregate, payable in three installments (&euro;1.3 million, &euro;4.2 million and &euro;2.0 million). Revenue for these
research and development services is recognized, net of Affimed&rsquo;s share in funding Amphivena of &euro;0.3 million, over the
service performance period. The first two installments of &euro;5.2 million (&euro;5.5 million, net of Affimed&rsquo;s share of
&euro;0.3 million) were received in 2015. The Company recognized &euro;2.4 million as revenue for these research and development
services in 2015, &euro;2.8 million were deferred as of December 31, 2015.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Amphivena has obtained funding solely by
issuing preferred stock to investors and under the warrant agreement with Janssen. Investors provide financing in exchange for
preferred stock issued by Amphivena under the terms of a stock purchase agreement. Affimed participated in the financing of Amphivena
with an amount of &euro;0.7 million.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Collaboration agreement The
Leukemia &amp; Lymphoma Society (LLS)</B></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed is party to a collaboration with
LLS to fund the development of a specific TandAb. Under the terms of the agreement, LLS has agreed to contribute up to $4.4 million
contingent upon the achievement of certain milestones.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In the event that the research and development
is successful, Affimed must proceed with commercialization of the licensed product. If Affimed decides for business reasons not
to continue the commercialization, Affimed must at its option either repay the amount funded or grant a license to LLS to enable
LLS to continue with the development program. In addition, LLS is entitled to receive royalties from Affimed based on the Group&rsquo;s
future revenue from any licensed product, with the amount of royalties not to exceed three times the amount funded.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company achieved several milestones
and recognized revenue for related payments of &euro;1.1 million in 2014 and &euro;1.6 million in 2015 for research and development
services.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 154; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><B>Research service agreements</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">AbCheck has entered into certain research
service agreements. These research service agreements provide for non-refundable upfront technology access research funding or
capacity reservation fees and milestone payments. The Group recognized revenue of &euro;344 in 2013, &euro;478 in 2014 and &euro;1,126
in 2015.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">7.</TD><TD>Other income and expenses - net</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Other income and expense, net mainly comprises
income from government grants for research and development projects of &euro;716 (2014: &euro;381, 2013: &euro;533). In 2013, losses
from the disposal of assets of &euro;33 were included.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">8.</TD><TD>Research and development expenses</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the different
types of expenses allocated to research and development costs:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2013</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Third-party services</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">5,680</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">5,558</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">15,386</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Personnel expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,273</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">292</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,637</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Legal, consulting and patent expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,405</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,549</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">902</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Cost of Materials</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">709</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">844</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">902</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Amortisation and depreciation</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">427</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">428</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">308</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Operating lease expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">258</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">243</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">267</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Other expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">602</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">681</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">606</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">14,354</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9,595</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">22,008</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2014, personnel expenses and Legal, consulting
and patent expenses include gains for share based payments resulting from the decrease in the carrying amount of the liability
for share-based payments prior to the corporate reorganization (see note 19).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">9.</TD><TD>General and administrative expenses</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the different
types of expenses allocated to general and administrative costs:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2013</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Personnel expenses</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">5,165</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">-2,836</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">3,658</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Legal, consulting and audit fees</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,445</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">4,391</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,468</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Operating lease expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">71</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">81</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">89</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Other expenses</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">365</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">710</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,333</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,046</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,346</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,548</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2014, personnel expenses and Legal, consulting
and audit fees include gains for share based payments resulting from the decrease in the carrying amount of the liability for share-based
payments</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 155; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">due to the corporate reorganization (see
note 19).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">10.</TD><TD>Employee benefits</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the items of employee
benefits:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2013</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Wages and salaries</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">2,490</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">3,176</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">5,066</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Social security costs</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">430</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">470</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">583</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,920</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,646</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">5,649</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><BR CLEAR="ALL">
</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The employer's contributions to pension
insurance plans of &euro;269 (2014: &euro;242, 2013: &euro;216) are classified as payments under a defined contribution plan, and
are recognized in full as an expense accordingly.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">11.</TD><TD>Finance income and finance costs</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 8pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2013</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2014</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2015</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="font-size: 10pt; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; font-size: 10pt; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Gain
    from exchange of Preferred Shares of Affimed AG into Common Shares of Affimed N.V. (see note 2)</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">4,835</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Changes in fair value of derivative conversion feature</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-5,553</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">6,094</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">Interest Preferred Shares</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-4,478</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-3,617</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Interest Convertible Loan</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-359</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-402</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Interest Perceptive Loan Agreement (see note 20)</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">0</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-260</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-703</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Foreign exchange differences</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-11</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,106</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,808</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Other finance income/finance costs</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-3</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-1</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Finance income/costs - net</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">-10,397</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">7,753</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,104</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>




<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">On June 23, 2014, the investors and the
Company agreed to a conversion of the loan granted by several shareholders as of June 28, 2013 into Series E preferred shares of
Affimed Therapeutics AG. Subsequently, all preferred shares were exchanged for newly issued common shares of Affimed N.V. (see
note 2). Through the date of conversion, interest costs of &euro;402 have been recognized in 2014 (2013: &euro;359). A re-measurement
gain from changes in the fair value of the derivative conversion feature of &euro;6,094 was recognized in 2014 (2013: loss of &euro;5,553).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 156; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">12.</TD><TD>Income taxes</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company did not incur any material income
tax in the periods presented. As of December 31, 2015 deferred tax liabilities from temporary differences result mainly from borrowings
(&euro;142) and other assets (&euro;45). Deferred tax assets from differences resulting from trade and other receivables (&euro;338),
intangible assets (&euro;44) and trade and other payables (&euro;15) have not been recognized as deferred tax assets as no sufficient
future taxable profits or offsetting deferred tax liabilities are available. A reconciliation between actual income taxes and the
expected tax benefit from the loss before tax multiplied by the Company's applicable tax rate is presented below:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="padding-bottom: 1pt">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2013</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Loss before tax</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">-26,100</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">-425</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">-20,239</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Income tax benefit at tax rate of 29.825%</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7,784</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">127</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,036</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Adjustments due to impairment of deferred tax assets <BR></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-7,818</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,787</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-6,251</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Change in permanent differences</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-2,837</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">199</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Adjustments for local tax rates</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-9</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">119</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Non deductible expenses</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">163</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Other</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">44</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-30</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-165</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Income taxes</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">166</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In Germany, Affimed has tax losses carried
forward of &euro;89.2 million (2014: &euro;68.2 million) for corporate income tax purposes and of &euro;89.0 million (2014: &euro;68.0
million) for trade tax purposes that are available indefinitely for offsetting against future taxable profits of that entity. Restrictions
on the utilization of tax losses were mitigated through Economic Growth Acceleration Act (Wachstumsbeschleunigungsgesetz). According
to the provisions of this act unused tax losses of a corporation as at the date of a qualified change in ownership are preserved
to the extent they are compensated by an excess of the fair value of equity for tax purposes above its carrying amount of the Company.
The maximum amount of tax losses at risk of being lost due to ownership changes is approximately &euro;59 million. Deferred tax
assets have not been recognized in respect of any losses carried forward as no sufficient taxable profits of Affimed are expected.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In the Czech Republic, AbCheck incurred
tax losses of &euro;0.3 million (2014: &euro;0.6 million) available within five years from the year incurred for offsetting against
future taxable profits for which no deferred tax assets has been recognized.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 157; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">13.</TD><TD>Intangible assets</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the reconciliation
of intangible assets for the year 2014:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Technology</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">licenses</FONT></P></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Office software</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%">Cost as of January 1</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">342</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">301</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">643</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Additions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">19</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">27</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">46</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Reallocation</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">200</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-200</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Cost as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">561</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">128</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">689</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 1pt"><FONT STYLE="font-size: 10pt">Accumulated depreciation as of January 1</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 1pt"><FONT STYLE="font-size: 10pt"></FONT></P></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">222</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">263</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">485</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Reallocation</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">195</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-195</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="padding-bottom: 1pt">Additions</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">115</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">17</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">132</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 1pt"><FONT STYLE="font-size: 10pt">Accumulated depreciation as of December 31</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 1pt"><FONT STYLE="font-size: 10pt"></FONT></P></TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">532</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">85</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">617</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Carrying amount as of January 1</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">120</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">38</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">158</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Carrying amount as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">29</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">43</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">72</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the reconciliation
of intangible assets for the year 2015:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Technology licenses</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Office software</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%">Cost as of January 1</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">561</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">128</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">689</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Additions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">28</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">28</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Disposals</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-183</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-48</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-231</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Cost as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">378</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">108</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">486</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Accumulated depreciation as of January 1</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">532</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">85</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">617</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Additions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">10</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">18</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">28</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Disposals</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-183</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-48</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-231</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Accumulated depreciation as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">359</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">55</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">414</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Carrying amount as of January 1</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">29</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">43</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">72</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Carrying amount as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">19</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">53</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">72</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<!-- Field: Page; Sequence: 158; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">14.</TD><TD>Leasehold improvements and equipment</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the reconciliation
of tangible assets for the year 2014:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Leasehold improvements</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Laboratory equipment, furniture and fixtures</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%">Cost as of January 1</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">183</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">2,502</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">2,685</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Additions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">258</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">260</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Disposals</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-55</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-55</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Cost as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">185</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,705</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2,890</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Accumulated depreciation as of January 1</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">181</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,470</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,651</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Additions</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">309</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">310</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt">Disposals</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-45</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-45</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Accumulated depreciation as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">182</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,734</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,916</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>Carrying amount as of January 1</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,032</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,034</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Carrying amount as of December 31</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">971</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">974</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table shows the reconciliation
of tangible assets for the year 2015:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Leasehold</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">improvements</FONT></P></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">Laboratory</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">equipment,</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">furniture
                                         and</FONT></P> <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">fixtures</FONT></P></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">Total</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%"><FONT STYLE="font-size: 10pt">Cost as of January 1</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">185</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">2,705</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 1%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="width: 8%; text-align: right"><FONT STYLE="font-size: 10pt">2,890</FONT></TD><TD STYLE="width: 1%; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Additions</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">23</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">226</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">249</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Disposals</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-179</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-609</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-788</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Cost as of December 31</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">29</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,322</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">2,351</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">Accumulated
        depreciation as of January 1&nbsp;</FONT></P></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">182</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,734</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,916</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Additions</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">4</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">304</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">308</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">Disposals</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-179</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-609</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-size: 10pt">-788</FONT></TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; text-align: left; margin-bottom: 0pt"><FONT STYLE="font-size: 10pt">Accumulated
        depreciation as of December 31&nbsp;</FONT></P></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">7</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,429</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">1,436</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-size: 10pt">Carrying amount as of January 1</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">3</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">971</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">974</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-size: 10pt">Carrying amount as of December 31</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">22</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">893</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD><TD STYLE="text-align: right"><FONT STYLE="font-size: 10pt">915</FONT></TD><TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<!-- Field: Page; Sequence: 159; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>


<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">15.</TD><TD>Inventories</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Inventories comprise laboratory materials
and supplies of &euro;228 (2014: &euro;199). No impairment was recognized. Total consumption of inventories recognized in profit
or loss amounts to &euro;906 (2014: &euro;900, 2013: &euro;731).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">16.</TD><TD>Trade and other receivables</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The trade receivables as at December 31,
2015 of &euro;105 (2014: &euro;5) are all due in the short-term, do not bear interest and are neither overdue nor impaired. Other
receivables are all due short-term and mainly comprise receivables for research and development grants and other government subsidies
of &euro;68 (2014: &euro;114) and value-added tax receivables of &euro;607 (2014: &euro;697).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">17.</TD><TD>Other assets</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Other assets of &euro;452 comprise deferred
expenses related to short-term research projects of &euro;300 and a prepayment of &euro;152 related to probable future equity transactions
based on the shelf registration filing (see note 18).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">18.</TD><TD>Equity</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">At December 31, 2015 the share capital of
&euro;333 (2014: &euro;240) is divided into 33,259,404 (2014: 23,984,168) common shares with a par value of &euro;0.01.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">As of September 17, 2014, upon consummation
of the corporate reorganization, all common and preferred shares in Affimed Therapeutics AG were exchanged for 15,984,168 common
shares of Affimed (see note 2). In addition, in the initial public offering, the Company issued an aggregate of 8,000,000 common
shares at a price of $7.00 per share. In the offering, capital reserves of &euro;37,871 were recognized net of issuing costs of
&euro;5,342.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The exchange of 37,935 common shares of
Affimed Therapeutics AG for 286,160 shares of Affimed N.V. on a 7.54-for-one basis was retrospectively accounted as a stock split.
The exchange of the preferred shares of Affimed Therapeutics AG did not represent a stock split as the preferred shares did not
contain a conversion right into common shares.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">On May 12, 2015, the Company issued 5,750,000
common shares at a public offering at a price of $7.15 per common share. After deducting the offering expenses of &euro;3,091,
equity increased by the net proceeds of the public offering of &euro;33,490. In October 2015, an existing shareholder purchased
3,325,236 common shares at $6.55 per share in a private placement, leading to an equity increase of &euro;19,064, net of related
expenses of &euro;25.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">According to the articles of association
of Affimed N.V., up to 55,000,000 common shares and 55,000,000 preferred shares with a par value of &euro;0.01 are authorized to
be issued. As of December 31, 2015, 33,259,404 common shares have been issued and are outstanding. Preferred shareholders are</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 160; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">entitled to receive a fixed dividend yield
prior to common shareholders, unpaid preferred dividends accumulate. As of December 31, 2015 no preferred shares have been issued.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">19.</TD><TD>Share based payments</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 1.1pt; text-align: justify">Affimed Therapeutics AG had granted
share-based payment awards to its managing and supervisory directors and consultants pursuant to two incentive plans: (i)&nbsp;the
ESOP 2007 Plan granted options to acquire preferred shares at the issue price of EUR 30.89&nbsp;per Series D preferred share after
vesting but during the contractually agreed ten year life of the award and (ii)&nbsp;the carve-out plan granted the right to receive
a cash payment equal to a certain percentage of the fair value of the Company contingent upon the occurrence of a defined exit
event. The awards pursuant to both share-based incentive plans were accounted for as cash settled until their modification in the
corporate reorganization (see note 2).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 1.1pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The ESOP 2007 awards entitled the beneficiary
to a cash payment encompassing all preference rights and payments connected to the preferred shares, net of the strike price owed
by the beneficiary. In 2013, 13,081 ESOP 2007 awards were replaced by awards under the carve-out plan. The replacement was accounted
as a modification. The incremental fair value of &euro;1,271 represents the difference between the fair value of the cancelled
awards and the replacement awards.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Pursuant to the carve-out plan, awards entitled
the beneficiaries to cash payments of an aggregate of 7.78% of the fair value of the Company in case of a defined exit event, including
an initial public offering. The plan had a three year service condition, whereby 50% of the entitlements vested after one year,
further 25% after two years and the remaining 25% after three years. In case of a successful sale of the Company during the vesting
period an accelerated vesting would have applied and all entitlements vested immediately.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The ESOP 2007 and carve-out plan were both
modified in the reorganization (see note 2).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2015, 200,000 options of the ESOP 2007
were exercised at the exercise price of $5.29. As of December 31, 2015, 534,142 (December 31, 2014: 734,142) ESOP 2007 options
were outstanding.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In the corporate reorganization on September
17, 2014, an equity-settled share based payment program was established by Affimed N.V. (ESOP 2014). Based on this program, the
Company granted 555,000 awards in 2014 and 795,000 awards in 2015 to certain members of the Management Board, the Supervisory Board,
consultants and employees. The awards vest in installments over three years, and the final exercise date of the options is 10 years
after the grant date of the instruments.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">As of December 31, 2015, 1,350,000 ESOP
2014 awards were outstanding (December 31, 2014: 555,000), 259,583 awards (December 31, 2014: 0) were vested. No awards were either
forfeited or exercised. The options outstanding at December 31, 2015 had an exercise price in the range of $5.18 to $13.47 (2014:
$6.20 to $6.27).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The expense of the granted options is recorded
over the vesting period, starting from the service commencement date, which is generally the grant date.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2015, an expense of &euro;2,220 was recognized
affecting research and development expenses (&euro;611) and general and administrative expenses (&euro;1,609). In 2014, a net gain
for share-based compensation of &euro;4,892 was recognized affecting research and development expenses (&euro;1,480) and general
and</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 161; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">administrative expenses (&euro;3,412) including
a gain of &euro;8,261 due to the re-measurement of the ESOP 2007 awards and the carve-out plan as of September 17, 2014, the modification
date. In 2013, an expense of &euro;8,054 was recognized affecting research and development expenses (&euro;3,021) and general and
administrative expenses (&euro;5,033).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The fair value of options granted under
the ESOP 2014 program was determined using the Black-Scholes valuation model. As the Company was listed on the NASDAQ the closing
price of the common shares at grant date was used. Other significant inputs into the model were volatility of 65%, an expected
option life of 5.9 years, annual risk-free interest rates at grant date in the range of -0.07% to 0.34% and a zero dividend yield.
Expected volatility is estimated based on the observed daily share price returns of selected guideline companies measured over
a historic period equal to expected life, with the peer group as unsufficient trading data are available to use the share price
returns of Affimed to estimate volatility over a historic period equal to expected life. As of December 31, 2015 weighted average
fair value of the options was $4.41 (2014: $3.63) and weighted average remaining contractual life was 9.2 years (2014: 9.7 years).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">20.</TD><TD>Borrowings</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In July 2014, the Company entered into a
credit facility agreement of $14 million and drew an amount of $5.5 million as of July 31, 2014. Repayment will start in April
2016 in monthly installments of $200, with the final balance due in August 2018. Finance costs comprise interest of an annual rate
of 9% plus one month LIBOR, with LIBOR deemed to equal 1% if LIBOR is less than 1%, and an arrangement fee in the amount of 2%
of the facility. In addition, the Company issued 106,250 warrants to the lender. The warrants are convertible into common shares
of the Company with a strike price of $8.80. Upon initial recognition, the fair value of the warrant of &euro;613 was recognized
in equity, net of tax of &euro;183. Fair value was determined using the Black-Scholes-Merton formula, with an expected volatility
of 65% and an expected time of six years to exercise of the warrant. The contractual maturity of the warrant is ten years.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2015, the Company and Perceptive agreed
to cancel the option to draw the outstanding facility of $8.5 million.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The loan is collateralized by shares in
AbCheck s.r.o., certain bank accounts, receivables and certain intellectual property rights with a total carrying amount of &euro;6,202
(2014: &euro;6,844).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The loan is measured at amortized cost using
the effective interest method. Interest costs of &euro;703 (2014: &euro;258) and foreign exchange losses of &euro;527 (2014: &euro;424)
have been recognized in profit or loss. As of December 31, 2015 the fair value of the liability amounts to &euro;4,978 whereas
the carrying amount is &euro;4,576. As of December 31, 2014 the Company believes that the fair value of the liability did not differ
significantly from its carrying amount (&euro;3,895). According to the repayment schedule &euro;1,472 (December 31, 2014: &euro;0)
were classified as current liabilities.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">21.</TD><TD>Trade and other payables</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Trade and other payables comprise trade
payables of &euro;3,743 (2014: &euro;3,396) and are normally settled within 30 days or at a separate settlement date which was
agreed between the parties. Other payables mainly comprise payroll and employee related liabilities for withholding taxes and social
security</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 162; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">contributions of &euro;444 (2014: &euro;281)
and payables due to employees for outstanding bonus, holidays and other accruals. Other payables are normally settled within 30
days.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">22.</TD><TD>Loss per share</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Loss per common share is calculated by dividing
the loss of the period by the weighted average number of common shares outstanding during the period, adjusted for reorganization
of the Company (see note 2).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2013</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Net loss</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(26,099</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(259</TD><TD STYLE="width: 1%; text-align: left">)</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">(20,239</TD><TD STYLE="width: 1%; text-align: left">)</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Weighted number of common shares outstanding</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">14,803,450</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,632,825</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">28,477,438</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>Loss per share in &euro; per share</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(1.76</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(0.01</TD><TD STYLE="text-align: left">)</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(0.71</TD><TD STYLE="text-align: left">)</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">No instruments had a dilutive effect.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">23.</TD><TD>Operating leases and other commitments and contingencies</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 21.3pt">(i)</TD><TD>Lease and other commitments</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group has entered into rental agreements
for premises as well as into leases for vehicles and the use of licenses. These contracts have an average life of between one and
four years with renewal options included in some contracts. There are no restrictions placed upon the lessee by entering into these
leases. In 2015, lease expenses of &euro;356 and license fees of &euro;278 have been recognized in<FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">
</FONT>consolidated statement of comprehensive income (2014: &euro;324 and &euro;248; 2013: &euro;328 and &euro;260).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 163; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Future minimum lease payment obligations
under non-cancellable operating leases as of the reporting date are as follows:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 78%; text-align: left">Within one year</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">664</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">642</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Between one and five years</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">561</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">990</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left; padding-bottom: 1pt">More than five years</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">42</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">0</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,267</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,632</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>Contingencies</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed has entered into various license
agreements that contingently trigger payments upon achievement of certain milestones and royalty payments upon commercialization
of a product in the future.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">24.</TD><TD>Related parties</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.05pt"></TD><TD STYLE="width: 14.15pt">(i)</TD><TD>Shareholders</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">As of December 31, 2015 one shareholder
holds more than 20% of the voting rights (2014 and 2013 two shareholders).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.05pt"></TD><TD STYLE="width: 14.15pt">(ii)</TD><TD>Transactions with key management personnel</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The compensation of managing directors and
other key management personnel comprised of the following:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2013</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 67%; text-align: left">Short-term employee benefits</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">837</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">911</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 8%; text-align: right">1,633</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left; padding-bottom: 1pt">Share-based payments</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">5,367</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">-3,253</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">1,474</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6,204</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">-2,342</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">3,107</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Remuneration of Affimed&rsquo;s managing
directors comprises fixed and variable components and share-based payment awards. In addition, the managing directors receive supplementary
benefits such as fringe benefits and allowances. In the case of an early termination, the managing directors receive a severance.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Compensation for other key management personnel
comprises fixed and variable components and share-based payment awards.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 164; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">The supervisory directors of Affimed
N.V., appointed as of September 12, 2014, received compensation for their services on the supervisory board of &euro;296 (2014:
&euro;85), the supervisory directors of Affimed Therapeutics AG, the predecessor of Affimed N.V., did not receive compensation
for their services on the supervisory board. In 2015, the Group recognized expenses for share-based payments for board members
of &euro;478 (2014: &euro;727, 2013: &euro;245).</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Selected managing directors and supervisory
directors entered into service and consulting agreements with the Company:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Dr. Florian Fischer is founder and Chief
Executive Officer of MedVenture Partners, a Munich-based corporate finance and strategy advisory company focusing on the life sciences
and health care industry. MedVenture Partners rendered services for a consideration of &euro;129 in 2014 and &euro;30 in 2013.
The contract with MedVenture Partners was terminated following the IPO in 2014.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Dr. Adolf Hoess received compensation for
consulting services of &euro;163 in 2014 and &euro;314 in 2013. The consulting contract with Dr. Adolf Hoess was terminated following
the IPO in 2014.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Dr. Thomas Hecht is Head of Hecht Healthcare
Consulting (HHC) in K&uuml;ssnacht, Switzerland, a biopharmaceutical consulting company. In 2013, he rendered services amounting
to &euro;65, in 2014 he received &euro;49.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Dr. Richard B. Stead is Founder and Principal
of BioPharma Consulting Services LLC, where he is involved in the development of a number of oncology products including different
strategies for cancer immunotherapy. In 2013, he rendered services amounting to &euro;40, in 2014, he received &euro;25.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white">Dr. Ulrich Grau
is a significant shareholder and Chairman of the Board of Directors of i-novion Inc., which was engaged by the Company to conduct
preclinical services. In 2015, i-novion Inc. received related payments of &euro;138.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; background-color: white">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following table provides the total amounts
of outstanding balances related to key management personnel:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif">
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD COLSPAN="5" STYLE="text-align: center"><FONT STYLE="font: 10pt Arial, Helvetica, Sans-Serif">Outstanding balances</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">December 31,</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">December 31,</FONT></TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center">2014</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center">2015</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: center">&nbsp;</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="width: 70%; text-align: left">Thomas Hecht</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; text-align: right">19</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 12%; text-align: right">19</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Richard Stead</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">6</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Berndt Modig</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">9</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Ferdinand Verdonck</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">7</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">11</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD STYLE="text-align: left">Eugene Zhukovsky</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">16</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD STYLE="text-align: left">Ulrich Grau</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">0</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">13</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 165; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">25.</TD><TD>Financial risk management</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(i)</TD><TD>Financial risk management objectives and policies</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group&rsquo;s principal financial instruments
comprise short-term deposits at commercial banks with a maturity on inception of three months or less and investor loans presented
in borrowings. The main purpose of these financial instruments is to raise funds for the Group's operations. The Group has various
other financial assets and liabilities such as trade and other receivables and trade and other payables, which arise directly from
its operations.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The main risks arising from the Group's
financial instruments are credit risk and liquidity risk. The measures taken by management to manage each of these risks are summarized
below.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(ii)</TD><TD>Credit risk</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Company&rsquo;s financial assets comprise
to a large extent cash and cash equivalents. In addition financial assets include trade and other receivables. The total carrying
amount of cash and cash equivalents (&euro;76.7 million, 2014: &euro;39.7 million) and trade and other receivables (&euro;0.9 million,
2014: &euro;0.9 million) represents the maximum credit exposure of &euro;77.6 million (2014: &euro;40.7 million).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The cash and cash equivalents are held with
banks, which are rated BBB- to AA- based on Standard &amp; Poor&rsquo;s and Moody&rsquo;s.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(iii)</TD><TD>Interest rate risk</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The group&rsquo;s interest rate risk arises
from cash accounts and long-term borrowings at variable rates.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Affimed entered into the Perceptive loan
agreement pursuant to which it borrowed $5.5 million with a variable interest rate of an annual rate of 9% plus one-month LIBOR,
with LIBOR deemed to equal 1% if LIBOR is less than 1%. The group does not expect the LIBOR to exceed the floor of 1% within the
foreseeable future, and considers the interest risk to be low.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Bank accounts of &euro;38.5 million (2014:
&euro;7.0 million) are exposed to interest rate risk. A shift in interest rates (increase or decrease) would not have a material
impact on the loss of the group.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(iv)</TD><TD>Foreign currency risk</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Foreign exchange risk arises when future
commercial transactions or recognized assets or liabilities are denominated in a currency that is not the entity&rsquo;s functional
currency.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The group&rsquo;s entities are exposed to
Czech Koruna (CZK) and US Dollars (USD). The net exposure as of December 31, 2015 was &euro;27,423 (2014: &euro;5,983) and mainly
relates to US Dollars.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2015, if the Euro had weakened/strengthened
by 10% against the US dollar with all other variables held constant, the loss would have been &euro;2,794 (2014: &euro;611) higher/lower,
mainly as a result of foreign exchange gains/losses on translation of US dollar-denominated financial assets. The group considers
a shift in the exchange rates of 10% as a realistic scenario.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Loss is more sensitive to movement in exchange
rates shifts in 2015 than in 2014 because of the</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 166; Value: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt"><P STYLE="margin: 0pt; font: bold 8pt Times New Roman, Times, Serif"><A HREF="#toc2">Table of Contents</A>&nbsp;</P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Affimed N.V.</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">Notes to the consolidated financial statements</P>



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">(in &euro; thousand)</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">increased volume of US dollar-denominated
transactions.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The following significant exchange rates
have been applied during the year:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 26%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 20%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2013</FONT></TD>
    <TD STYLE="width: 20%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2014</FONT></TD>
    <TD STYLE="width: 20%; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">2015</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CZK or USD/EUR</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CZK or USD/EUR</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CZK or USD/EUR</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CZK - Average Rate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.03850</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.03632</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.03666</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">CZK - Spot rate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.03640</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.03606</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.03701</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
<TR STYLE="vertical-align: bottom; background-color: White">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">USD - Average Rate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.75340</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.75273</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.90190</FONT></TD></TR>
<TR STYLE="vertical-align: bottom; background-color: rgb(213,234,234)">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">USD - Spot rate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.72633</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.82366</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">0.91853</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(v)</TD><TD>Liquidity risk</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Liquidity risk is the risk that the Group
will encounter difficulties in meeting the obligations associated with its financial liabilities which are normally settled by
delivering cash. The Group&rsquo;s approach to managing liquidity is to ensure, as far as possible, that it will always have sufficient
liquidity to meet its liabilities when due.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The Group continually monitors its risk
of a shortage of funds using short and mid-term liquidity planning. This takes account of the expected cash flows from all activities.
The supervisory board undertakes regular reviews of the budget.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2014 and 2015, Affimed raised significant
funding that it estimates will enable the group to fund operating expenses and capital expenditure requirements until Q1 2018:</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2015, the issue of new common shares
and the exercise of stock options resulted in net proceeds of &euro;53,498 (see note 18).</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The group expects to require additional
funding to complete the development of the existing product candidates. In addition, the group expects to require additional capital
to commercialize the products if regulatory approval is received.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">In 2015, Affimed has filed a &ldquo;shelf
registration statement&rdquo; with the SEC in order to offer and sell securities to the public in multiple, future offerings.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(vi)</TD><TD>Capital management</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">The primary objective of the Group's capital
management is to ensure that it maintains its liquidity in order to finance its operating activities and meet its liabilities when
due.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">The Group manages its capital structure primarily
through equity.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: left">&nbsp;</P>


<!-- Field: Page; Sequence: 167; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin-top: 0pt; text-align: center; margin-bottom: 0pt; font: 10pt Arial, Helvetica, Sans-Serif">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></P></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>



<P STYLE="margin: 0"></P>

</BODY>
</HTML>

</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.18
<SEQUENCE>2
<FILENAME>dp64430_ex0418.htm
<DESCRIPTION>EXHIBIT 4.18
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 4.18</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><IMG SRC="image_003.jpg" ALT="" STYLE="height: 102px; width: 105px"></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Affimed GmbH - Im Neuenheimer Feld 582 - 69120 Heidelberg</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Perceptive Credit Opportunities Fund, LP<BR>
Attn.: Joseph Edelman<BR>
499 Park Avenue, 25th Floor<BR>
New York, New York 10022<BR>
United States of America</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">April 29, 2015</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">Affimed Loan Agreement: Amendment to
include Affimed Inc. as member of the Group</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Dear Mr. Edelman,</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As discussed by email between Sandeep and me, Affimed GmbH intends
to grant upfront financing (contribution to equity) to Affimed Inc., c/o Morris &amp; Morris, P.C., 32 Kearney Road, Needham Heights,
MA 02494, a wholly owned subsidiary of Affimed GmbH, in an amount of USD 100,000. We agreed that Affimed GmbH may provide the aforementioned
funding to Affimed Inc., if the Term Facility Agreement between Affimed GmbH and Perceptive Credit Opportunities Fund, LP is amended
as to also include Affimed Inc. as a member of the Group.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">We hereby agree that Affimed Inc. shall be considered a member
of the Group under the Term Facility Agreement dated July 28, 2014 as defined in Section 1.1 thereof as well as a member of the
Group under the Global Assignment Agreement dated July 28, 2014 as defined in Section 1.1 thereof, provided however that any additional
funding of Affimed Inc. by another member of the Group requires prior approval of the Lender.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">As a sign of your agreement, please return a duly executed copy
of this letter to us by either fax to +49 6221 65307 77 or by overnight courier.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 53%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Affimed GmbH</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ Florian Fischer</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></td>
    <td style="width: 47%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ Michael Wolf</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></td></tr>
<tr style="vertical-align: top">
    <td style="font-size: 12pt"><font style="font-size: 10pt">Florian Fischer</font><br>
<font style="font-size: 10pt">Chief Financial Officer</font></td>
    <td style="font-size: 12pt"><font style="font-size: 10pt">Michael Wolf</font><br>
<font style="font-size: 10pt">Head of Finance</font></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 79%">
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"><b>Agreed:</b><br>
        Perceptive Credit Opportunities Fund, LP<br>
        By: Perceptive Credit Opportunities GP, LLC, its general partner</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">/s/ Joseph Edelman</P>
        <P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P></td>
    <td style="width: 21%; font-size: 12pt">&nbsp;</td></tr>
<tr style="vertical-align: top">
    <td style="font-size: 12pt"><P STYLE="margin-top: 0; margin-bottom: 0"><font style="font-size: 10pt">Joseph Edelman</font><br> <font style="font-size: 10pt">Chief Executive Officer &amp; Portfolio Manager</font><br> <font style="font-size: 10pt">Date: April 30, 2015</font></FONT></P>
                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</P></td>
    <td style="font-size: 12pt">&nbsp;</td></tr>
</table>


<P STYLE="margin: 0"><B>&nbsp;<IMG SRC="image_007.jpg" ALT=""></B></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.19
<SEQUENCE>3
<FILENAME>dp64430_ex0419.htm
<DESCRIPTION>EXHIBIT 4.19
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 4.19</B></P>

<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="margin: 0; text-align: right"><B></B></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><I>Execution Version</I></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>



<P STYLE="margin: 0; text-align: right"><B>&nbsp;</B></P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>Second Amendment Agreement</B><BR>
<BR>
<B>relating to the Facility Agreement dated July 28, 2014</B><BR>
<BR>
<BR>
<BR>
between<BR>
<BR>
<BR>
<BR>
<B>Affimed GmbH</B><BR>
<BR>
as Borrower<BR>
<BR>
<BR>
<BR>
and<BR>
<BR>
<BR>
<BR>
<B>Affimed N.V.</B><BR>
<BR>
as Dutch Guarantor<BR>
<BR>
<BR>
<BR>
and<BR>
<BR>
<BR>
<BR>
<B>Perceptive Credit Opportunities Fund, LP</B><BR>
<BR>
as Lender</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>



<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><IMG SRC="image_004.jpg" ALT="" STYLE="height: 51px; width: 223px"></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">This AMENDMENT AGREEMENT (the &ldquo;<B>Agreement</B>&rdquo;)
is made between:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(1)</TD><TD STYLE="text-align: justify"><B>Affimed GmbH</B> (former Affimed Therapeutics AG), a company incorporated as a limited liability
corporation (<I>Gesellschaft mit beschr&auml;nkter Haftung</I>) incorporated under the laws of the Federal Republic of Germany,
registered with the commercial register (<I>Handelsregister</I>) of the local court (<I>Amtsgericht</I>) of Mannheim, Germany under
HRB 721206 and having its business address at Im Neuenheimer Feld 582, 69120 Heidelberg, Germany,</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">- hereinafter referred to as &ldquo;<B>Borrower</B>&rdquo;
-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(2)</TD><TD STYLE="text-align: justify"><B>Affimed N.V.</B>, a company incorporated as a stock corporation (<I>naamloze vennootschap</I>)
incorporated under the laws of the Netherlands, registered with the commercial register of the Netherlands under 60673389 and having
its business address at Im Neuenheimer Feld 582, 69120 Heidelberg, Germany,</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">- hereinafter referred to as &ldquo;<B>Dutch
Guarantor</B>&rdquo; -</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(3)</TD><TD STYLE="text-align: justify"><B>Perceptive Credit Opportunities Fund, LP</B>, a limited partnership, established and validly
existing under the laws of Delaware, United States, with its business address at 499 Park Avenue, 25th Floor, New York, New York
10022,</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">- hereinafter referred to as &ldquo;<B>Lender</B>&rdquo;
-</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">- The Borrower, the Dutch Guarantor and the
Lender are together referred to as the &ldquo;<B>Parties</B>&rdquo;, each as a &ldquo;<B>Party</B>&rdquo; -</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">Preamble</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(A)</TD><TD STYLE="text-align: justify">On July 28, 2014 the Borrower and PCOF 1, LLP, a limited liability company governed by the laws
of Delaware, having its business address at 499 Park Avenue, 25th Floor, New York, New York 10022 (&ldquo;<B>Original Lender</B>&rdquo;)
as lender entered into a facility agreement (&ldquo;<B>Facility Agreement</B>&rdquo;), a U.S. IP Security Agreement (&ldquo;<B>U.S.
Security Agreement</B>&rdquo;), a Global Assignment Agreement and several other security agreements (U.S. Security Agreement, Global
Assignment Agreement and the other security agreements together the &ldquo;<B>Security Agreements</B>&rdquo;; the Facility Agreement
and the Security Agreements also jointly referred to as &ldquo;<B>Finance Documents</B>&rdquo;) (Notarial deed dated July 28, 2014
with notarial deed number 2569V/2014 of the notary Dr. Hans-Joachim Vollrath) by which the Original Lender provided to the Borrower
a facility in the amount of USD 5,500,000.00 (&ldquo;<B>Facility A</B>&rdquo;) and a facility in the amount of USD 8,500,000.00
(&ldquo;<B>Facility B</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(B)</TD><TD STYLE="text-align: justify">On September 19, 2014 the Dutch Guarantor acceded to the Facility Agreement as a guarantor.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(C)</TD><TD STYLE="text-align: justify">On October 6, 2014 the Dutch Guarantor and the Original Lender entered into a warrant agreement
in regard to 106,250 shares in the Dutch Guarantor in favor of the Original Lender (&ldquo;<B>Dutch Warrant</B>&rdquo;).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(D)</TD><TD STYLE="text-align: justify">On December 4, 2014 the Original Lender, the Borrower and the Dutch Guarantor entered into several
transfer agreements (Notarial deed dated December 4, 2014 with notarial deed number 4058V/14 of the notary Dr. Hans-Joachim Vollrath)
by which the Original Lender transferred the Facility Agreement and the Security Agreements by way of assumption of contracts (<I>Vertrags&uuml;bernahme</I>)
to the Lender. At the same date the Original Lender transferred, by Deed of Transfer dated December 12, 2014, the Dutch Warrant
to the Lender.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(E)</TD><TD STYLE="text-align: justify">In April 2015 the Borrower established Affimed Inc., a stock corporation under US law (&ldquo;<B>Affimed
Inc.</B>&rdquo;). On April 29, 2015 the Lender and the Borrower entered into an amendment agreement to the Facility Agreement by
which the Lender approved a financing of Affimed Inc. by the Borrower up to an amount of USD 100,000.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(F)</TD><TD STYLE="text-align: justify">In 2014 and 2015 Borrower filed new patent applications with the European Patent Office and the
USPTO indicated as &ldquo;Cross-Reactive CD3&rdquo;, &ldquo;Trispecifics&rdquo; and &ldquo;Combination AFM13 and CPI&rdquo; (described
in Annex F) (&ldquo;<B>New Patents</B>&rdquo;). Upon request of the Borrower, the Lender intends to waive the Borrowers obligation
under the Finance Documents, as defined in the Facility Agreement, to pledge the New Patents to the Lender.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(G)</TD><TD STYLE="text-align: justify">The Borrower&rsquo;s obligation under the Finance Documents to pledge, assign or otherwise provide
security regarding the Borrower&rsquo;s future intellectual property rights shall be amended as follows: With regard to the Borrower&rsquo;s
intellectual property rights which will be applied for, filed for registration or otherwise come into existence after the date
hereof (&ldquo;<B>Future IP Rights</B>&rdquo;), the Borrower&rsquo;s obligation under the Finance Documents shall be subject to
the Lender&rsquo;s request, and if such request is not made, be deemed to have been waived by the Lender.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(H)</TD><TD STYLE="text-align: justify">Furthermore, the Parties intend to agree that the Availability Period, as defined in the Facility
Agreement, in relation to Facility B shall lapse on June 30, 2015.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">(I)</TD><TD STYLE="text-align: justify">Additionally, the Certificate of the Dutch Warrant, currently naming the Original Lender as &ldquo;Holder&rdquo;,
shall be exchanged against an identical warrant certificate naming the Lender as &ldquo;Holder&rdquo;.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">NOW, THEREFORE, the Parties agree as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.</FONT></TD><TD STYLE="text-align: justify">AMENDMENT TO THE FACILITY AGREEMENT</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The Facility Agreement shall hereby be
amended and restated as follows:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.1</FONT></TD><TD STYLE="text-align: justify">In Section 1, Clause 1.1 Definitions, page 4, the following definition of the term Availability
Period:</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B><I>Availability Period</I></B>&rdquo;
<I>means</I>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(a)</TD><TD STYLE="text-align: justify"><I>in relation to Facility A, the period from and including the date of this Agreement to and including
December 31, 2015; and</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(b)</TD><TD STYLE="text-align: justify"><I>in relation to Facility B, the period from and including November 1, 2014 to and including December
31, 2015.&rdquo;</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">shall be replaced by the following
wording:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&ldquo;<B><I>Availability Period</I></B>&rdquo;
<I>means</I>:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(c)</TD><TD STYLE="text-align: justify"><I>in relation to Facility A, the period from and including the date of this Agreement to and including
December 31, 2015; and</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in">(d)</TD><TD STYLE="text-align: justify"><I>in relation to Facility B, the period from and including November 1, 2014 to and including June
30, 2015.&rdquo;</I></TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.2</FONT></TD><TD STYLE="text-align: justify">Section 5, Clause 10.1.1, page 25 with the wording</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -1in"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%; text-align: justify; font-size: 11pt"><FONT STYLE="font-size: 10pt">&ldquo;<I>10.1.1</I></FONT></TD>
    <TD STYLE="width: 91%; text-align: justify; font-size: 11pt"><FONT STYLE="font-size: 10pt"><I>Beginning on November 1, 2014, the Borrower shall pay to the Lender a fee of one per cent (1%) per annum on that Lender&rsquo;s Available Commitment. For the avoidance of doubt, no commitment fee shall apply after December 31, 2015.</I>&rdquo;</FONT></TD></TR>
</TABLE><BR STYLE="clear: both">


</P><P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">shall be replaced by the following
wording:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="RIGHT" STYLE="font: 10pt Times New Roman, Times, Serif; width: 95%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 9%; text-align: justify; font-size: 11pt"><FONT STYLE="font-size: 10pt">&ldquo;<I>10.1.1</I></FONT></TD>
    <TD STYLE="width: 91%; text-align: justify; font-size: 11pt"><FONT STYLE="font-size: 10pt"><I>Beginning on November 1, 2014, the Borrower shall pay to the Lender a fee of one per cent (1%) per annum on that Lender&rsquo;s Available Commitment. For the avoidance of doubt, no commitment fee shall apply after June 30, 2015.</I>&rdquo;</FONT></TD></TR>
</TABLE>


<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -1in"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 1.5in; text-align: justify; text-indent: -1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">1.3</FONT></TD><TD STYLE="text-align: justify">The provisions of the Facility Agreement shall, save as amended by this Agreement, continue in
full force and effect.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.</FONT></TD><TD STYLE="text-align: justify">WAIVER REGARDING NEW PATENTS</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.1</FONT></TD><TD STYLE="text-align: justify">The Lender hereby waives any pledge, assignment or similar security and any obligation of the Borrower
under the Finance Documents to pledge, assign or grant any other security regarding the New Patents to the Lender as collateral.
The Borrower accepts the aforementioned waiver. All other obligations thereunder, especially the restriction not to pledge intellectual
property rights, including the New Patents, to a third party, remain in full force and effect and shall not be waived hereby.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.1</TD><TD STYLE="text-align: justify">The Borrower&rsquo;s obligation under the Finance Documents to pledge, assign or otherwise provide
security regarding a Future IP Right as well as any pledge, assignment or other security regarding the respective Future IP Right
shall be deemed to be waived by the Lender if:</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.1.1</FONT></TD><TD STYLE="text-align: justify">The Borrower has notified the Lender of such Future IP Right without undue delay after such individual
Future IP Right has been applied for, filed for registration or otherwise come into existence (&ldquo;<B>Notification</B>&rdquo;);
and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">2.1.2</FONT></TD><TD STYLE="text-align: justify">The Lender has not requested the Borrower to pledge, assign or otherwise provide security regarding
such notified Future IP Right within ten Business Days (as defined in the Facility Agreement) after such Notification has been
received by the Lender.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The aforementioned waiver shall
only apply to the specific Future IP Right as listed and provided with a reasonable satisfactory description in the Notification.
For the avoidance of doubt, in case the Borrower does not, or does not correctly notify the Lender of a Future IP Right, the Borrower&rsquo;s
obligation to pledge, assign or otherwise provide security regarding the same continues to exist.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.</FONT></TD><TD STYLE="text-align: justify">UNDERTAKING</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.1</FONT></TD><TD STYLE="text-align: justify">The Dutch Guarantor shall ensure that within four (4) weeks after signing of this Agreement, the
Lender receives, in exchange for the current certificate of the Dutch Warrant, a warrant certificate with regard to 106,250 shares
in the Dutch Guarantor (&ldquo;<B>New Warrant Certificate</B>&rdquo;), which is identical to the current certificate of the Dutch
Warrant, except that instead of the Original Lender the Lender is named as &ldquo;Holder&rdquo; in such certificate.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">3.2</FONT></TD><TD STYLE="text-align: justify">The Dutch Guarantor shall, to the reasonable satisfaction of the Lender, provide the New Warrant
Certificate pursuant to 3.1. The Dutch Guarantor has provided a written statement from an independent legal counsel of the Dutch
Guarantor confirming that the Legal Opinion dated October 7, 2014, also applies to the New Warrant Certificate and consequently,
can still be relied upon by the Lender.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">4.</FONT></TD><TD STYLE="text-align: justify">TRANSACTION EXPENSES</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">The Borrower shall bear all costs
and expenses (including legal fees) incurred in connection with the negotiation, preparation, and execution of this Agreement and
any other documents referred to in this Agreement.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">5.</FONT></TD><TD STYLE="text-align: justify">NOTICES AND COMMUNICATION</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">Any communication to be made
under or in connection with this Agreement shall be made in writing and, unless otherwise stated, may be made by fax or overnight
courier to the following addresses:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">if directed to the Borrower, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Affimed GmbH<BR>
Technologiepark, Im Neuenheimer Feld 582<BR>
69120 Heidelberg, Germany<BR>
Attn: Dr. Florian Fischer<BR>
Fax: +49 6221 65307 77<BR>
Email: f.fischer@affimed.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">with a copy to</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">CMS Hasche Sigle<BR>
Partnerschaft von Rechtsanw&auml;lten und Steuerberatern mbB<BR>
Nymphenburger Stra&szlig;e 12<BR>
80335 Munich, Germany<BR>
Attn: Stefan-Ulrich M&uuml;ller<BR>
Fax: +49 89 23807 40667<BR>
Email: Stefan-Ulrich.Mueller@cmshs.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">if directed to the Dutch Guarantor, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Affimed N.V.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Technologiepark, Im Neuenheimer Feld 582<BR>
69120 Heidelberg, Germany<BR>
Attn: Dr. Florian Fischer<BR>
Fax: +49 6221 65307 77<BR>
Email: f.fischer@affimed.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">with a copy to</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">CMS Hasche Sigle<BR>
Partnerschaft von Rechtsanw&auml;lten und Steuerberatern mbB<BR>
Nymphenburger Stra&szlig;e 12<BR>
80335 Munich, Germany<BR>
Attn: Stefan-Ulrich M&uuml;ller<BR>
Fax: +49 89 23807 40667<BR>
Email: Stefan-Ulrich.Mueller@cms-hs.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">if directed to the Lender, to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Perceptive Advisors LLC<BR>
499 Park Avenue, 25th Floor<BR>
New York, New York 10022<BR>
United States of America</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in"><BR>
Attn: Sandeep Dixit<BR>
Email: Sandeep@perceptivelife.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">with a copy to:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">Morrison &amp; Foerster LLP<BR>
Potsdamer Platz 1<BR>
10785 Berlin, Germany<BR>
Attn: J&ouml;rg Mei&szlig;ner<BR>
Fax: +49 30 726 221 130<BR>
Email: jmeissner@mofo.com</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 0pt 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: bold 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.</FONT></TD><TD STYLE="text-align: justify">MISCELLANEOUS</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.1</FONT></TD><TD STYLE="text-align: justify">If provisions in this Agreement include English terms after which German terms or Dutch terms have
been inserted in brackets and/or italics, the respective German terms or Dutch term alone and not the English terms shall be decisive
for the interpretation of the respective provisions.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.2</FONT></TD><TD STYLE="text-align: justify">Any amendment or supplement to or modification of this Agreement, including this provision, shall
be valid only if made in writing, except where a stricter form (e.g., notarization) is required under applicable mandatory law.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.3</FONT></TD><TD STYLE="text-align: justify">Should any provision of this Agreement be or become, or be deemed to be or become, invalid or unenforceable
as a whole or in part, the validity and enforceability of the remaining provisions shall not be affected thereby. Any such invalid
or unenforceable provision shall be replaced by such valid and enforceable provision as comes closest to the economic intent and
purpose of such invalid or unenforceable provision. The same shall apply in the event that this Agreement contains any gaps (<I>Vertragsl&uuml;cken</I>).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.4</FONT></TD><TD STYLE="text-align: justify">This Agreement is governed by the laws of the Federal Republic of Germany. Any non-contractual
rights and obligations arising out of or in connection with this Agreement shall also be governed by the laws of the Federal Republic
of Germany.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Times New Roman, Times, Serif">6.5</FONT></TD><TD STYLE="text-align: justify">The courts of Frankfurt am Main have exclusive jurisdiction to settle any dispute arising out of
or in connection with this Agreement (including a dispute regarding the existence, validity or termination of this Agreement).</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">[Signature page follows the next page]</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->


<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"><B>Affimed GmbH</B></P>

<table cellspacing="0" cellpadding="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse"><tr style="vertical-align: top"><td colspan="3" style="text-align: left"><BR>
<FONT STYLE="font-size: 10pt">in its capacity as Borrower</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Place/Date:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">Heidelberg, August 14, 2015</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Place/Date:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">Heidelberg, August 14, 2015</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/&nbsp;&nbsp;Dr. Adi Hoess</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/&nbsp;&nbsp;Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Dr. Adi Hoess</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Function:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Function:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 15px">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left"><FONT STYLE="font-size: 10pt"><B>Affimed N.V.</B></FONT><BR>
<BR>
<FONT STYLE="font-size: 10pt">in its capacity as Dutch Guarantor</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Place/Date:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">Heidelberg, August 14, 2015</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Place/Date:</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">Heidelberg, August 14, 2015</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/&nbsp;&nbsp;Dr. Adi Hoess</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">/s/&nbsp;&nbsp;Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Dr. Adi Hoess</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Function:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Function:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 7px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 15px">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 60%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left"><P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt"><B>Perceptive Credit Opportunities Fund, LP</B></FONT><BR> <BR> <FONT STYLE="font-size: 10pt">in its capacity as Lender</FONT><BR> <BR> <FONT STYLE="font-size: 10pt">by:&nbsp;&nbsp;Perceptive Credit Opportunities GP, LLC, its general partner</FONT></FONT></P>
                                             <P STYLE="margin-top: 0; margin-bottom: 0"><FONT STYLE="font-size: 10pt">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 20%; text-align: left"><FONT STYLE="font-size: 10pt">Place/Date:</FONT></TD>
    <TD STYLE="width: 59%; border-bottom: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">New York, August 14, 2015</FONT></TD>
    <TD STYLE="width: 21%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">/s/&nbsp;&nbsp;Joseph Edelman</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD></TR>
</TABLE>
<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 60%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 19%; border-top: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">Name:</FONT></TD>
    <TD STYLE="width: 60%; border-top: Black 1pt solid; text-align: left"><FONT STYLE="font-size: 10pt">Joseph Edelman</FONT></TD>
    <TD STYLE="width: 21%; text-align: left">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Function:</FONT></TD>
    <TD COLSPAN="2" STYLE="text-align: left"><FONT STYLE="font-size: 10pt">Chief Executive Officer &amp; Portfolio Manager</FONT></TD></TR>
</TABLE>


<P STYLE="margin-top: 0; margin-bottom: 0"></P>


<P STYLE="margin: 0; text-align: left">&nbsp;</P>

</FONT></P></TD></TR>


<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>



<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>



<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 8; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Arial, Helvetica, Sans-Serif"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD></TR></TABLE>&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-4.20
<SEQUENCE>4
<FILENAME>dp64430_ex0420.htm
<DESCRIPTION>EXHIBIT 4.20
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 4.20</B></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="margin: 0; text-align: right"><FONT STYLE="font-size: 10pt"><IMG SRC="ex0420-logo.jpg" ALT="">&nbsp;</FONT></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<table cellspacing="0" cellpadding="0" style="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<tr style="vertical-align: top">
    <td style="width: 62%"><P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 8pt">Affimed
                           GmbH <FONT STYLE="font-family: Wingdings">&nbsp; </FONT>Affimed N.V. <FONT STYLE="font-family: Wingdings">&nbsp;
                           </FONT>Im Neuenheimer Feld 582 <FONT STYLE="font-family: Wingdings">&nbsp; </FONT>69120 Heidelberg</FONT></P>
        <P STYLE="font: 8pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt"><br>
        <br></FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt">Perceptive Credit
        Opportunities Fund, LP<br>
        Mr. Edelman</FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt">51 Astor Place</FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">10<SUP>th</SUP> Floor</FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt">New York</FONT></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt">New York 10003</FONT><br>
<FONT STYLE="font-size: 10pt">USA</FONT><br></P>
        <P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 0.3pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></td>
    <td style="width: 38%"></td></tr>
<tr style="vertical-align: top">
    <td style="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <td style="font-size: 12pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td></tr>
</table>
<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 35.45pt 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">March
29, 2016</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 35.45pt 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><BR>
<BR></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Term Facility Agreement dated
July 24, 2014 </B></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"><B>Waiver regarding a Development
Milestone (Clause 19.2) </B></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Dear Mr. Edelman,</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">We are writing to you on behalf
of Affimed GmbH and on behalf of Affimed N.V. As discussed with Sam Chawla and Sandeep Dixit, we are contemplating to discuss
with you the structure and certain terms of the Term Facility Agreement between Affimed GmbH (formerly Affimed Therapeutics AG,
the &ldquo;<B>Company</B>&rdquo;) as Borrower, Affimed N.V. as Guarantor and funds managed by Perceptive Advisors LLC &ndash;
currently Perceptive Credit Opportunities Fund, LP and PCOF Phoenix II Fund, LP &ndash; as Lenders, dated July 24, 2014 (as amended
from time to time, the &ldquo;<B>Agreement</B>&rdquo;). In connection therewith and in order to better reflect the Company&rsquo;s
current development strategy, the Parties might also agree on development milestones other or different than those currently set-out
in Schedule 6 to the Agreement.</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">To allow
for sufficient time for the above mentioned discussions, the Lender hereby agrees to waive, up and until September 30, 2016, any
rights it may have under Section 21.13 (Events of Default, Other obligations) of the Agreement in connection with 19.2 (Development
of Milestones) and Schedule 6, No. 2 of the Agreement. For the avoidance of doubt, all other rights and obligations of the Parties
under the Agreement remain unaffected, in particular, but not limited to, the Lender&rsquo;s rights under Section 21.13 (<I>Events
of Default, Other obligations</I>) in case of any non-compliance with any provision of the Finance Documents other than 19.2 (<I>Development
of Milestones</I>), Schedule 6, No. 2.</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Terms defined in the Agreement
have the same meaning in this letter, unless otherwise defined herein. This letter is governed by German law.</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Affimed GmbH</B></FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Affimed
    N.V.</B></FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Phone:
    </B></FONT><FONT STYLE="font-size: 8pt">+49 6221 65307 0</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Bankverbindung: Deutsche
    Bank</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Gesch&auml;ftsf&uuml;hrer
    der Affimed GmbH:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Technologiepark</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Fax:
    </B></FONT><FONT STYLE="font-size: 8pt">+49 6221 65307 49</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">IBAN&nbsp;&nbsp;DE
    5867 2700 0300 1408 0600</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Adi Hoess</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Im
    Neuenheimer Feld 582</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>www.affimed.com</B></FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">BIC&nbsp;&nbsp;DEUTDESM672</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">69120
    Heidelberg</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">E-Mail: info@affimed.com</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Sitz der Gesellschaft:
    Heidelberg</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Jens-Peter Marschner</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Germany</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Registergericht: Amtsgericht
    Mannheim</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Martin Treder</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">HRB 721206 &ndash;
    VAT.Nr.: DE 206700144</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. J&ouml;rg Windisch</FONT></TD></TR>
</TABLE>


<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><IMG SRC="ex0420-logo.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Please return countersigned copies
of this letter to Affimed GmbH and to Affimed N.V. at your earliest convenience.</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Kind regards</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">On behalf of Affimed GmbH:</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">March 29, 2016</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Date</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 70%; font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 34%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Adi Hoess</FONT></td>
    <TD STYLE="width: 33%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD STYLE="width: 33%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/
    Florian Fischer</FONT></td></tr>
<tr style="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Dr.
    Adi Hoess </FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">Dr. Florian Fischer</FONT></td></tr>
<tr style="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">CEO
    </FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">CFO</FONT></td></tr>
</table>
<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">On behalf of Affimed N.V.</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">March 29, 2016</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Date</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 70%; font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<tr style="vertical-align: top">
    <TD STYLE="width: 34%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Adi Hoess</FONT></td>
    <TD STYLE="width: 33%"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD STYLE="width: 33%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/
    Florian Fischer</FONT></td></tr>
<tr style="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">Dr.
    Adi Hoess </FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">Dr. Florian Fischer</FONT></td></tr>
<tr style="vertical-align: top">
    <TD><FONT STYLE="font-size: 10pt">CEO
    </FONT></td>
    <TD><FONT STYLE="font-size: 10pt">&nbsp;</FONT></td>
    <TD><FONT STYLE="font-size: 10pt">CFO</FONT></td></tr>
</table>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Affimed GmbH</B></FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Affimed
    N.V.</B></FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Phone:
    </B></FONT><FONT STYLE="font-size: 8pt">+49 6221 65307 0</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Bankverbindung: Deutsche
    Bank</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Gesch&auml;ftsf&uuml;hrer
    der Affimed GmbH:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Technologiepark</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Fax:
    </B></FONT><FONT STYLE="font-size: 8pt">+49 6221 65307 49</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">IBAN&nbsp;&nbsp;DE
    5867 2700 0300 1408 0600</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Adi Hoess</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Im
    Neuenheimer Feld 582</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>www.affimed.com</B></FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">BIC&nbsp;&nbsp;DEUTDESM672</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">69120
    Heidelberg</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">E-Mail: info@affimed.com</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Sitz der Gesellschaft:
    Heidelberg</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Jens-Peter Marschner</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Germany</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Registergericht: Amtsgericht
    Mannheim</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Martin Treder</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">HRB 721206 &ndash;
    VAT.Nr.: DE 206700144</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. J&ouml;rg Windisch</FONT></TD></TR>
</TABLE>


<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: right"><FONT STYLE="font-size: 10pt"><IMG SRC="ex0420-logo.jpg" ALT="">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Accepted and Agreed</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">On behalf of Perceptive Credit
Opportunities Fund, LP</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">And PCOF Phoenix II Fund, LP</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">March 29, 2016</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">Date</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 11pt Arial, Helvetica, Sans-Serif; width: 25%">
<TR STYLE="vertical-align: top; text-align: left">
    <TD STYLE="width: 100%; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Joseph Edelman</TD></TR>
</TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT><BR>
<FONT STYLE="font-size: 10pt">Joseph Edelman</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 8pt Arial, Helvetica, Sans-Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Affimed GmbH</B></FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 25%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Affimed
    N.V.</B></FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Phone:
    </B></FONT><FONT STYLE="font-size: 8pt">+49 6221 65307 0</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Bankverbindung: Deutsche
    Bank</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Gesch&auml;ftsf&uuml;hrer
    der Affimed GmbH:</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Technologiepark</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>Fax:
    </B></FONT><FONT STYLE="font-size: 8pt">+49 6221 65307 49</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">IBAN&nbsp;&nbsp;DE
    5867 2700 0300 1408 0600</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Adi Hoess</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Im
    Neuenheimer Feld 582</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt; color: #548DD4"><B>www.affimed.com</B></FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">BIC&nbsp;&nbsp;DEUTDESM672</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">69120
    Heidelberg</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">E-Mail: info@affimed.com</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Sitz der Gesellschaft:
    Heidelberg</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Jens-Peter Marschner</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">Germany</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Registergericht: Amtsgericht
    Mannheim</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. Martin Treder</FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">HRB 721206 &ndash;
    VAT.Nr.: DE 206700144</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">Dr. J&ouml;rg Windisch</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>




<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.1
<SEQUENCE>5
<FILENAME>dp64430_ex1201.htm
<DESCRIPTION>EXHIBIT 12.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 12.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I, Adi Hoess, certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD>I have reviewed this annual report on Form 20-F of Affimed N.V.;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD>Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with
respect to the period covered by this report;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD>Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in
all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods
presented in this report;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD>The company&rsquo;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined
in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the company and have:</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">a.</TD><TD>Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known
to us by others within those entities, particularly during the period in which this report is being prepared;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">b.</TD><TD>Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed
under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted accounting principles;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">c.</TD><TD>Evaluated the effectiveness of the company&rsquo;s disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on
such evaluation; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">d.</TD><TD>Disclosed in this report any change in the company&rsquo;s internal control over financial reporting that occurred during the
period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the company&rsquo;s
internal control over financial reporting; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD>The company&rsquo;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control
over financial reporting, to the company&rsquo;s auditors and the audit committee of the company&rsquo;s board of directors (or
persons performing the equivalent functions):</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">a.</TD><TD>All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the company&rsquo;s ability to record, process, summarize and report financial
information; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">b.</TD><TD>Any fraud, whether or not material, that involves management or other employees who have a significant role in the company&rsquo;s
internal control over financial reporting.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: March 30, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 40%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 100%; font-size: 12pt; text-decoration: none; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Adi Hoess<U> </U></FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Adi Hoess</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></TD></TR>
</TABLE>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-12.2
<SEQUENCE>6
<FILENAME>dp64430_ex1202.htm
<DESCRIPTION>EXHIBIT 12.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right"><B>Exhibit 12.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">I, Florian Fischer, certify that:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">1.</TD><TD>I have reviewed this annual report on Form 20-F of Affimed N.V.;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">2.</TD><TD>Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact
necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with
respect to the period covered by this report;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">3.</TD><TD>Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in
all material respects the financial condition, results of operations and cash flows of the company as of, and for, the periods
presented in this report;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">4.</TD><TD>The company&rsquo;s other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls
and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined
in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the company and have:</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">a.</TD><TD>Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our
supervision, to ensure that material information relating to the company, including its consolidated subsidiaries, is made known
to us by others within those entities, particularly during the period in which this report is being prepared;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">b.</TD><TD>Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed
under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of
financial statements for external purposes in accordance with generally accepted accounting principles;</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">c.</TD><TD>Evaluated the effectiveness of the company&rsquo;s disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on
such evaluation; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">d.</TD><TD>Disclosed in this report any change in the company&rsquo;s internal control over financial reporting that occurred during the
period covered by the annual report that has materially affected, or is reasonably likely to materially affect, the company&rsquo;s
internal control over financial reporting; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif"></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt"></P></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 6pt">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>


<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in">5.</TD><TD>The company&rsquo;s other certifying officer(s) and I have disclosed, based on our most recent evaluation of internal control
over financial reporting, to the company&rsquo;s auditors and the audit committee of the company&rsquo;s board of directors (or
persons performing the equivalent functions):</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">a.</TD><TD>All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting
which are reasonably likely to adversely affect the company&rsquo;s ability to record, process, summarize and report financial
information; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">b.</TD><TD>Any fraud, whether or not material, that involves management or other employees who have a significant role in the company&rsquo;s
internal control over financial reporting.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">Date: March 30, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 40%">
<TR STYLE="vertical-align: bottom">
    <TD STYLE="width: 100%; font-size: 12pt; text-decoration: none; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 2; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.1
<SEQUENCE>7
<FILENAME>dp64430_ex1301.htm
<DESCRIPTION>EXHIBIT 13.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 0.5in"><B>Exhibit 13.1</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The certification set forth below is being
submitted in connection with Affimed N.V.&rsquo;s Annual Report on Form 20-F for the fiscal year ended December 31, 2015 (the &ldquo;Report&rdquo;)
for the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934 (the &ldquo;Exchange
Act&rdquo;) and Section 1350 of Chapter 63 of Title 18 of the United States Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Adi Hoess, Chief Executive Officer of Affimed
N.V., certifies that, to the best of his knowledge:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">1.</TD><TD>the Report fully complies with the requirements of Section 13(a) or 15(d) of the Exchange Act; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">2.</TD><TD>the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of Affimed N.V.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Date: March 30, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 40%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; font-size: 12pt; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Adi Hoess </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Name: Adi Hoess</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Chief Executive Officer</FONT></TD></TR>
</TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid"><P STYLE="margin: 0pt; font: 10pt Arial, Helvetica, Sans-Serif"></P><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 100%; text-align: center">&nbsp;</TD></TR></TABLE><P STYLE="margin: 0pt"></P></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>


<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-13.2
<SEQUENCE>8
<FILENAME>dp64430_ex1302.htm
<DESCRIPTION>EXHIBIT 13.2
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 0.5in"><B>Exhibit 13.2</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in"><B>CERTIFICATION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">The certification set forth below is being
submitted in connection with Affimed N.V.&rsquo;s Annual Report on Form 20-F for the fiscal year ended December 31, 2015 (the &ldquo;Report&rdquo;)
for the purpose of complying with Rule 13a-14(b) or Rule 15d-14(b) of the Securities Exchange Act of 1934 (the &ldquo;Exchange
Act&rdquo;) and Section 1350 of Chapter 63 of Title 18 of the United States Code.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">Florian Fischer, Chief Financial Officer
of Affimed N.V., certifies that, to the best of his knowledge:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">1.</TD><TD>the Report fully complies with the requirements of Section 13(a) or 15(d) of the Exchange Act; and</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.5in">2.</TD><TD>the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations
of Affimed N.V.</TD></TR></TABLE>

<P STYLE="margin-top: 0pt; margin-bottom: 0pt; font: 10pt Times New Roman, Times, Serif">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">Date: March 30, 2016</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-indent: 0in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 40%">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; font-size: 12pt; border-bottom: Black 1pt solid"><FONT STYLE="font-size: 10pt">/s/ Florian Fischer&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Name: Florian Fischer</FONT></TD></TR>
<TR STYLE="vertical-align: bottom">
    <TD STYLE="font-size: 12pt"><FONT STYLE="font-size: 10pt">Chief Financial Officer</FONT></TD></TR>
</TABLE>


<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0"></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-15.1
<SEQUENCE>9
<FILENAME>dp64430_ex1501.htm
<DESCRIPTION>EXHIBIT 15.1
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0; text-align: right"><B>Exhibit 15.1</B></P>

<P STYLE="margin: 0; text-align: left"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0"><IMG SRC="image_001.jpg" ALT="" STYLE="height: 26px; width: 62px"></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0pt 0">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 90.4pt"><B>Consent of Independent Registered Public Accounting
Firm</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 0pt 90.4pt">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">We consent to the incorporation by reference
in Registration Statement No. 333-198812 on Form S-8 and No. 333-207235 on Form F-3 of Affimed N.V. of our report dated March 16,
2016, with respect to the consolidated statement of financial position of Affimed N.V. as of December 31, 2015 and December 31,
2014, and the related consolidated statements of comprehensive loss, cash flows and changes in equity for each of the years in
the threeyear period ended December 31, 2015, which report appears in the Annual Report on Form 20-F of Affimed N.V for the year
ended December 31, 2015.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">/s/ KPMG AG Wirtschaftspr&uuml;fungsgesellschaft</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">Leipzig, Germany</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify"></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">March 29, 2016</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0; text-align: justify">&nbsp;</P>



<P STYLE="margin: 0; text-align: left"><B>&nbsp;</B></P>

<!-- Field: Page; Sequence: 1; Options: Last -->
    <DIV STYLE="margin-top: 6pt; margin-bottom: 6pt; border-bottom: Black 1pt solid">&nbsp;</DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0; text-align: left"><B></B></P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>p44.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p44.jpg
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H ^?/VG+^^TOX57]]IMY<V
M%[;:IIS07-I-);S1,WVA&*O&RG!5F!!RO<C(!'V' U*E6SZG3K4J=6F\/5O"
MHKQUG25[6>NOXGS?%=2I2RB<J=1TI*K'WH[V<*K:^=D_D?F7_P +$\>#IXO\
M0<=/^)E<CK_P.OV[^Q,I2ARX'"+FY[_NUIKZ'Y0\TQB<5'%U$O9JUDU;_(/^
M%B>/1_S-_B#_ ,&=S_\ %T?V'E7_ $!8-?\ <-+]!?VIC>F+JK[_ /-!_P +
M$\>C_F;_ ! /^XG<C&?^!T?V'E2_Y@L'_P""U_D']J8U?\Q=5?>OU#_A8GCT
M?\S?X@'_ '$[D?\ L]']AY4O^8+!JW_3M*U_D']J8U?\Q=56]5:_S#_A8GCW
MI_PE_B#_ ,&=S_\ %T?V'E7_ $!8/_P6O\@_M3&_]!=7\?\ ,/\ A8GCT?\
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MX]_Z&_Q!_P"#.Y_^+H_L/*O^@+!_^"U_D']J8W_H+J_BOU#_ (6)X]_Z&_Q
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MW(Z_\#H_L/*E_P P6#_\%K_(/[4QJ_YBZOXK]0_X6)X]_P"AO\0#_N)W(_\
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M_A8GCW_H;_$ _P"XG<C'_C]']AY4O^8+!Z?].UU^0?VIC5_S%U=/5;_/0/\
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MHG<=_P#@=']AY4O^8+!_^"U_D']J8Y?\Q=5??_F'_"Q/'O\ T-_B#_P9W/\
M\71_8>5?] 6#_P#!:_R#^U,:O^8NJOO6_P ^H?\ "Q/'O_0W^(!_W$[@8_\
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M:E>48*/-*-*+FTE*T;M*VNG<NDG.K1HIM.K6I48^3K3C!/T3E=^6Q[0G[/\
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MJ7C4ON]-O6YZ1XU^-GA_0/$FO7G@+3TU75=:M?APFH^)I=5-QHEU;^$(=/U
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M4I7O>2;/#EG5&O''4<1]9KT,4J'U?V]2\XRP_,X\UHQO!RE)\J2TY5>RU\8
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MT/\ SUC_ .^U_P :+Q\_N_X(O^W9_P#@(>=#_P ]8_\ OM?\:+Q\_N_X(?\
M;L__  $/.A_YZQ_]]K_C1>/G]W_!#_MV?_@(>="/^6L8Q_MJ,9_&B\?/[O\
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M &U&,_C1>/G]W_!#_MV7_@(>=#_SUC_[[7_&B\?/[O\ @A_V[/\ \!#SH?\
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MS_\ C-<GUC$?\_JO_@VI_P#)'3]7P_\ SXH_^"X?_(A_8&A_] ;2?_!=9_\
MQFCZQB/^?U7_ ,&U/_D@^KX?_GQ1_P#!</\ Y$/[ T/_ * VD_\ @NL__C-'
MUC$?\_JO_@VI_P#)!]7P_P#SXH_^"X?_ "(?V!H?_0&TG_P76?\ \9H^L8C_
M )_5?_!M3_Y(/J^'_P"?%'_P7#_Y$/[ T/\ Z VD^W_$NLQ_[1H^L8A?\OJJ
M_P"XM3_Y(/J^'_Z!Z/\ X+A_\B']@:'_ - ;2?\ P768_P#:-'UC$+_E]57_
M '%J?_)!]7P__/BC_P""X?\ R(?V!H?_ $!M)_\ !=9__&:/K&(_Y_5?_!M3
M_P"2#ZOA_P#GQ1_\%P_^1#^P-#_Z VDC_N'6?'_D&CZQB/\ G]5_\&U/\P^K
MX=?\N**M_P!.X*U_^W0_L#0_^@-I/_@NL_\ XS1]8Q'_ #^J_P#@VI_\D'U?
M#_\ /BC_ ."X?_(A_8&A_P#0&TG_ ,%UF/\ VC1]8Q'_ #^J_P#@VI_F'U?#
M_P#/BC_X+A_\B<MJ&B>'E\5^'$.GZ?%,=/U\Q6B:39&"Y4#33+)-+L7RFM_D
M\I?+</YKC<F#NZJ>(Q2PF(Y:U514Z+E^^J+K-1LKVUN[_J<\\/A?K-%.A33<
M*G*E2ARV6]_=.H&@Z'VT;21_W#K,8_\ (-<GUC$+_E_676WM9I+[FCH^KX=:
M>PHI)7_APZ_]NZ"_V!H8_P"8-I(_[AUG_P#&:?UC$?\ /ZK_ .#:B_\ ;@^K
MX=?\P]%?]PX+_P!M#^P-#_Z VD_^"ZS_ /C-'UC$?\_JO_@VI_\ )!]7P_\
MSXH_^"X?_(A_8&A_] ;2?_!=9_\ QFCZQB/^?U7_ ,&U/_D@^KX?_GQ1_P#!
M</\ Y$/[ T/_ * VD_\ @NL__C-'UC$?\_JO_@VI_P#)!]7P_P#SXH_^"X?_
M "(?V!H?_0&TD?\ <.L^/_(-'UC$?\_JO_@VI_\ )!]7PZT^KT5;_IW!6O\
M]NA_8&A_] ;2?_!=9_\ QFCZQB/^?U7_ ,&U/_D@^KX?_GQ1_P#!</\ Y$/[
M T/_ * VD^W_ !+K,?\ M&CZQB%_R^JK_N+4_P#D@^KX?_H'H_\ @N'_ ,B'
M]@:'_P! ;2?_  768_\ :-'UC$+_ )?55_W%J?\ R0?5\/\ \^*/_@N'_P B
M']@:'_T!M)_\%UG_ /&:/K&(_P"?U7_P;4_^2#ZOA_\ GQ1_\%P_^1#^P-#_
M .@-I/\ X+K/_P",T?6,1_S^J_\ @VI_\D'U?#_\^*/_ (+A_P#(A_8&A_\
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M(V5>KI_T]J=>GQ!]7P_3#T?+]W#[_A$_L+0QQ_8NE>V-.LQC_P @T?6<0O\
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M8TOK&(NU[:KI_P!/:BW_ .W@6'PZVH45I>WLX*U_^W1?[ T/_H#:3_X+K/\
M^,T_K&(_Y_5?_!M3_P"2#ZOA_P#GQ1_\%P_^1#^P-#_Z VD_^"ZS'_M&CZQB
M/^?U7_P;4_\ D@^KX?;ZO1_\%P_^1#^P-#_Z VD_^"ZS_P#C-'UC$?\ /ZK_
M .#:G_R0?5\/_P ^*/\ X+A_\B']@:'_ - ;21_W#K/C_P @T?6,1_S^J_\
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M^8>PPW_/BE_X*C_\B']A:'_T!M*'_<-L_P#XS1]8Q'_/^JNW[VI_F'L,,O\
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M6_\ DRON?J6#_P"@/"_^$U#_ .1/E/K6,_Z"Z_\ X-J?_)!_;_B#_H8O$/\
MX/=6'_MY1]2P?_0'A?\ PFH?_(!]:QG_ $%U_P#P;4_^2#^W_$'_ $,7B'_P
M>ZM_\F4?4L'_ - >%_\ ":A_\B'UK&?]!=?_ ,&U/_D@_M_Q!_T,7B$?]QW5
MO_DRCZE@_P#H#PJ[?[-07_M@?6L8O^8NO_X-J+_VX/[?\0?]#%XA'_<=U;_Y
M,H^I8/\ Z \*O^Y:@O\ VT/K6,7_ #%U_P#P;47_ +<-;7-=92DFO:\Z,,-'
M)K6J2(1UPR/=E2,\\CT]*<<)A(>_#!X/FCHKX>E%I/M:.@GB<4URRQ->V_\
M%J*WRYAW]O\ B#_H8?$/M_Q/=6_^3*7U'!K7ZE@T^O+AJ6GWP0+%8M*RQ->/
M+HOWM3;_ ,"#^W_$'_0Q>(?_  >ZM_\ )E'U+!_] >%_\)J'Y<H_K6,_Z"Z_
M_@VI_P#)!_;_ (@_Z&+Q"/\ N.ZMQ_Y.4?4L'_T!X7_PFH+_ -M#ZUC/^@NO
M_P"#:B_]N#^W_$'_ $,7B'_P>ZM_\F4?4L'_ - >%_\ ":A_\B'UK&?]!=?_
M ,&U/_D@_M_Q /\ F8O$/_@]U8?^WE'U+!_] >%_\)J'_P B'UK&?]!==?\
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M9>_6G*S2LU%>1ZO9_P#'I:_]>T'_ **6OOZO\6I_U\G_ .E,\:E_"I_X(?\
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MZLFTK;/TU.7!KEP\=.7WZVCT_P"7L_SW^9^;G[;ZO_PM3P[M1R/^$$LON(Y
M_P")[KO&5! /MUK]-X JTJ>5XR,ZE.F_KMTISC!V]A3U2;3M?2Y\%QA3J2S#
M#N%.<E]52O&$FD_:3TNE:_D?&WER=HI1_P!LI!C_ ,=K[KZQAU_R_HJW_3VF
MK7_[>/D_8U5_RZJ+R]G)?H'ER#I%*/\ ME(/_9:/K&'7_+^BO^XM-?\ MP>Q
MK+_ES579>SFOPL+Y<G_/*7_OU)_\31]8P_\ S_H_^#:?_P D'L:O_/JI_P"
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M7^0>7)_SRE_[]2?_ !-'UC#_ //^C_X-I_\ R0>QJ_\ /JI_X!+_ "#RY/\
MGE+_ -^I/_B:/K&'_P"?]'_P;3_^2#V-7_GU4_\  )?Y!Y<G_/*7_OU)_P#$
MT?6,.O\ E_17_<6FO_;@]C5_Y]5/_ )?Y!Y<HZ0S#'_3*08S_P !]31[>A_S
M^HI+_I[!6_\ )@]C57_+JHNWN27Z">7(/^64H_[92?\ Q-"Q&'Z5Z/RJT_\
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M8_\ 8NJ?^I&&.;%?'@_^PR/_ *9KG8=Q7G+9>G^1U_\ R7Z#J!A0 4 % !0
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MU]/Z[A[7#K14MO\ IS;?Y"1^(-'=M/1=+U=3J1(@+^&M2C6$B9H#]N9K(+8
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M8-<1HT*,T:LX,B;N;ZM63BE4@KQ<E'VT%HK;ZZ/7;=F[K8>/_+AJS2O['O\
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M*M_<D._MJP#F/==AA ;G TW4@OE",3'YQ:;/,V'_ %&[S]_[KR_,RE'L:O\
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MR\O,H+WI7YDM+_RW\['--2^L4.50Y5"JG=+F3<5:W6W>QT:_TKE[-;65N_\
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MWL6XWY6XQ4W*#^U!7LY;7T>I/M%RTGLJM-58WLK*4E%1?\LI-^['=[H]L4C
M/;KCI^E)*UUYORW--M.PM,6WE^ =/;'X8S19=MOPN 4678-O*VW2UPHV\OP
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M +</^&UO@U_SP\:?^$]#_P#+*C_43/?Y<'_X5)?^VA_K=E'?$_\ @C_[</\
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MC_[</^&UO@U_SP\:?^$]#_\ +*C_ %$S[^7!_P#A4O\ Y$/];LH[XG_P1_\
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M/_8Y:7_Z1ZG7;@/@S'_L75/_ %(PQS8KX\'_ -AD?_3-<[#N*\Y;+T_R.O\
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M;6WS#;1+;MIRW:M?\_,4?ESQ1TVY?+^NX[6TT\K:6%Z>WZ4]OZL&WE^ 4 %
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M=%Z[M:?U<,X]A^5$6NFW2VG]==!/W==DM^^O]7]!>GM3TZ=/U'MHO\A: "@
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M^=?^&./C>/\ EP\+#T_XJ51_[85]5_KUD7_49_X3K_Y8?/\ ^J6<+[&&5O\
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M'_JEG"^QAE;_ *?VM?\ [<#_ (8X^-__ #X>%A_W,J\?^2%'^O61+_H,5O\
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M>68OG\_=\E.V"3M[>HHVWY%=.^UN?MU[]!\V(_DBO*]OUT9.]QXN66]6+2M
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M5*?6SU71'H=EG[':9X/V:#(]#Y2?3^5<57^+4_Z^3_\ 2F=5+^%2_P"O</\
MTE'+>+_]9X1'_4XZ7[?\N>IUV8!>YF'EE]1I;+_>,-O_ %N88KXL(O\ J+C;
MH_X5;;L_/M?N;;Z'HSV][:2:1I;VFI7)O-1M9+"T:WO[PM"QN[V$PF*[NBUO
M;L;BX624M!"2^8T*^:E:R2LHZQMIJW=M+9:ZWM?[SJM9W_NJ%G_+9W5]W=-J
MVUF*-#T=+>.S32-,2TAO1J45JMA:+;Q:DMT;T:A' (O*2]%Z3=BZ5!.+HFX$
MGFDO35TX].5OEZ<L6GI'L[MZJV[[A:W-9*TE[T=KM6LY=U91272R[$3^'/#[
MH8Y-!T9T:34IF1],L60RZRCQZO*RF#:9-5CEECU)R-U\DDB71E5V!7)&W*X)
M+EY>6RMRN7,X6V47)*36SE9N]AVL[V]Y24[[/G2LI7_F2?*I;VZV,R+P#X&M
M[1=/M_!7A."QCOX-52SB\.:-%:)J=O&(H-16V2S6%;^"("*&\""XCCPD<BJ,
M4US1L_M1UC)64DW:[CV:5EYI(5M&K*T[<T?LZ:KFM\5FW;M=G6@8X_SS36FR
MM;HM-^OS&M/E\M_T%H * "@ ]J36EEIVZ6#^K'&>%[6VFTK5K6;3&@M+G7/$
ML5S8WX:XCNX[C4KH3RO'<PQK)::@KM*L+1O"8)?+#S)\[=>.7-5I/G57EPF%
MBFDDM(1:@UTE2MRWZO6R.7"-\E1\OLK5ZRC%.][3?OMK^;>W2Y,? G@GR]+A
M_P"$-\*>3H3%]$B/A[1_+T=Y)OM+OI4?V/;I[&X_TAFM!"6F_>DE_FKE2:<;
M2:M>_3IHM-M>QU6MIMO_ -NNVC2\V:W]A:-_:W]OC2-+_MT6OV$:U_9]I_:X
ML2V\V?\ :7E?;/LN[YOL_G>5NYV9I)636W\R6B;\[>6B#5:)V2M9>E[K_MZ^
M_?4?IFC:5HL4MOH^E:=H]O/<SWL]OIEE:V$$U[<D-<W<L5I%$DEU<, T]PZF
M64@&1V(%*4'>#YY14+^ZM$[VW[)=/5L-FWWZ]K;??=W-,#;[4TK7\Y-_?8-M
M-DMA:8!0 4 % !0 4 <KJ*+_ ,)7X<?[%-(Z:?KRI>H\BP688:=NBF18FB9[
MO \HR2QLODOL63+;>NDVL)B8J<8I3P\O9M*\[2EL]&N6]W;>^IS35L30Z7A4
MC?912LV[>>B_$M3^%O#5Y>7VH7?AW0KF_P!4L3IFI7UQI&GS7FH::0H.GWUS
M+;M-=V.$4?9+AY+?"J/+PHQQI*,7%+1MR:>BNY.5VEYNZ['2MTUIH]%IH]$K
M[[;V=BO_ ,(5X/&D+X>'A/PU_8"7 NX]#_L+2AHZ708R"Y73/L@LEN!(3()A
M ) Y+;LT-;:?#=1OM&_5+INUWLWW8M8WY?6VVSV6V^]WU]$30^$_"]L=--OX
M:T"W;1;:ZL]':'1M-B;2;2^5DO;732ELOV"WO%D=;J"U\J*X5W$R.&()K9II
M?RV_NVM;TMT?30:7+;ETUYM/=]YN[T6SD];JVNK+R:-I,0TP1Z5IJ#1 1HRK
M8VJC2%:W:T(TP+$!8 VKM;$6GE V[-"?W9*T>]S<VL7K%ZZRA;17W2;L^7;0
MGE48J*2LI*25E%1=VW)16E[-ZK75]V8'@CP'X:^'6B2>'O"FGO8:;+K/B#Q#
M<K/>7=_=7>M>*=:OO$&NZC>7U]-/=W-S?:IJ-U.S33,(8VCMH!';0PQ1EK4X
M4UI&E3C2IQT5J<4^5:):W>KWENWU&TN>4NM2I*I/I[S25TNSLK)64;:(V#X<
MT#R[.$Z%H_DZ<EY'I\)TRQ\JP348Y(=02SC\C9:I?0RRQ7BP"-;J.62.<.KL
M"-=+]++2UEI[K_NW2=O)!>5^;7FOWV[2[W7E^A8MM'TNQG%Q9Z9IUG<+8VVF
M+/;65M;S+IMDSM::>LL422+8VC22-;6@86\!=S%&I8Y%=<W:?O.*T]ZS3E)]
M6U9)O9*VPN5:6BERZ*Z6BD[M172SUMM?7HC.G\(>%;F#5;6Y\,>'I[;7;E+W
M6[>?1=-E@UB\C*M'=ZK#);-'J%RC(A2>\6:52JE7!48GEY8Q48J/LWS1C'W8
MINZ:2Z.S>JZ]2KM.]W9VBU>UHKI?KLM-DBX- T02I/\ V+I2SQ2V<\4XT^S$
MT<^GV\MII\T<@A#I+8VL\]M9R*P>UMYI88&2.1U-ZQ;<=+ZVV=Y?$V_-)+7>
MW9(5M''96Y5;3W+\R5EMRRV6RW6IK@;?;'IQC-&WD/;R[=!: "@ H * .4U5
M$_X2KPLWV*:61+;Q $OD>18+$-;V6Y)T6)HW-V!LB,DL94QL4$A+!>NEIA<6
MO:<BO0_=Z>_:;U6JMR;Z)[ZV.6HE];PCL[Q59W3LDG"ST\SJ ,=OZ5R:JR[)
M:OS\D=2TV3CL]_ZL+MQV _(4K-=E;RM:X_F_R#'M3V[*WE:UPVZVM\K7#&.
M,>W2C7R^X-NMK?*UPQ[4;=ON#YGPO^T+\?/B1\+?B\?"WA/PWXF\8:'/^S?\
M2/'1T?PGI?@^[O="\5:%X@T6PTGQEJUUXIUK0'/AW2K>\FM[_3[&[OY+B2Y@
M9='NV4M'CS_N<S7+*,\-#"SI8CFY84/;0Q<I<T5K*[HQEHG:,9::ZW&%ZN 7
M->-;$5:56@E:56,51Y5&6BB[U)7NUNNQP7@W]MK7TTGP!_;_ (/L/$6FVME\
M ?"_Q.\71>)+/1_%EQX^^-?@O1?$EEJ/@[X;VVB/%K7ART?5[=]3N%U?1YCO
MOQHNEWEMI%TXZ:D8QJ-).,>>M1HKXFZE+#+$3E*S7+&<;J-]GK=)G+1YITD]
M)2C^]FG[BC3>+J8:"B]%*4+)R4=XIZ<S1P%M^V]X[CU_4_B7J7AG2;3P9JGP
M,^&?B7P3\/K'QZ-?L/-^)7Q<N?"^A^+/&5WH/@V]\0>'];LM)GB7Q)X?T+1/
M%MPEO9R0Z)%JEY'<"*%#V<9QE95)5\!&/++W:<:]#$5II-:2<^2%TE=63MRR
M3>L5SU8NFY1IPHYC*2<6G.6&KX6E%\O1)SFXMNSC-_:5CJ?#7[6/Q.E^-?PJ
MTKQ?X//A63XU_#KP,-&\!:AX@N8?!WA"_P!7\?\ Q 67Q/K'B74?"NEZI#XC
M\1^#?#ELGA;PM<Z1:W.O:O+I^AQFSN/M=U&J</WV,I)RYJ=&E7YKW5/]S6<X
M4X_S-J#DE9^Y-[1&W^YPE=<L4ZV,H:-ISY9X>-.;797J\KVM46MV2^'_ -MK
MQIIOA;P_J-[X 3QGIFF^"/!WC[X@^+=3\8:5X?UVST3QO\9?%WPLM8-'\-:/
MX.ATG6=5TR30[;4%A670;2XL$N(9[H:D('O],/2E6^K6E3C&K+"4>9;>UQ>$
MIUXNUUR\TIRYUT6L5;956\/2J5-_9O&-0^&\<)5<9_X?=M;N][GTSXC^)'C3
M3/VDYOAQI$VGWVB-^S=KOC_2?#%Z;/3?[6\?V?CNTT/2D?7C;3ZA:6]Y:3G3
MY88Q<6\7FF]^QRS1 -S*<X_6^5*<L-2PU2$4O><JCQ3G9+JXT813[M?S!*,%
M+"1LZ:JU\3[2=VHQC&-#EN[KK5E*RU:\EIX1HO[<7B#QVGA)?AG\)=.U^Y\4
MZ]X3\ %=?\=R>&+/1/BEJWPX\7_$3QGX1U.[3PMJKJGP[A\-V6E:S=0VDEU>
MWNJ[;:QC>V\N79)I<\9.5*I3Q&*HO[4\)1P].NZL%?57G*$H[QE%Q>P^1QC)
M2G"+HU*%&JN23Y*E?%5<-&.C>_)SQ_FA)2ZV,[2OV\/$M[X>MM:OO@QI>DW/
MB'P_\'?%?@W3I_BA:&VO=#^*OQ(N_A9(?$NLR>&+>R\-WFB>(["XOU$<>KV=
MWHDD$LMU9ZAYME';A:E2J4YQ]G6Q%*E&4E9I5L-]9A.44[KW/=:;NG;=.Y%X
MQ=5SC).A3Q<I*/\ /@JOLJT4MFM5*%OBUMK8Y#5_VQ_BG%XG/C73/!.G7>C_
M  ]^%_Q\G^*OPZA^($$?AI=1^#'Q2\.>&M=\5^#O%9\)277BFZ?36O8?#-K-
MIVA6UP]]/;ZM)82VWG5BG&G)SG)TJ%3#8.I"4H6=%UL35H2FX)^\FXI1<6U-
M136Y<Z<G+#T:5O;/%5Z48*2<*T7@H8FE%S^PTI7G%J\974CUK5?VUKG3O$>L
MK;_#JPN/ EIXI^(OP\TC67\<0P^-;OQS\.OASJGQ&U"35/ :Z%(VE>#+^UTF
MYTNWUV/7+W4('DL]6N=%CTR_LY96W*'M(OEC."Q;IZ.4&L)4=.7/+W5"4VG)
M+?:+U=RE%?NW%Z36$TM9IXOE<8I7NU!3]^2TLG:Z3,;PQ^VKX\U'5M!B\2_!
M'1/#WA^_U?X%0ZSJ]G\4X]9N])T7]H>Q:7P+>6NF'P=IRW^I:7>17'_"6VCW
MME9V5@(Y])U'5YFDABT484ZU6BY*G[">*A6;B^55</A98II27V9PC;FM92=N
MY#]I[&E."_C4Z=6FE:\J<ZRH5+*^ZD_=5[6WMI?TC]F?]J]OV@?&'CKPM-X)
M3PU%X:T/0/%_AG7;+5-8U'2/&'@_Q-JNOZ5INK67]N>%_"MV$>?0)Y8[NSM;
M[2;Z*<&RU"4P2BB%.;PWMI.*G&K3IRI\KBXJM2E5IRLV])03OMT:5GH3;IUH
MTX6=*=.<X36EY4YQA-6LK*\TM.J=^C?V7M'H/Y5.J[?<5=H,>U'W?<'S#:!V
M _2C5=E\A7:VTMMTM<,8X  Q^&,T:KLOE8>W6WX";<$<  =NF/\ "EJM.FED
ME;E?5O\ K\Q;<RL^FNWRMY'*>"HDC\.621V,^FHMQJI%G<O(TT1;5[]F9FEC
MA?$[$W$>8U CE15+J [=>/UQ4VYJHTJ;4X>["5Z4+*T=-+6:[IG)@XQ6'BN5
MQM*HK<STM5G?_,\3^,G[2>D?!KQ-8>&=0\*:MKDU_HL6M)=Z??6%K#%%/>WM
MD(&CNL2&0-9,Y<?*5D4#D-7NY%PMB<\PM;$TL5A\.J-;V+ISA4;NX1G=.*>B
M4M=M>AY6;9_0R>M3P\L-4J.=-5%[.<8Z-N/VO-/KL>2_\-V^&!_S3KQ*,?\
M46T<8S^->S_Q#S&[?7\'_P" 5O\ Y$\K_73"_P#0#B/_  93_P P_P"&[?#(
MZ?#KQ+_X-M'']:/^(>8Z.BQV#T[0K+?_ +='_KIA5_S XCR_>4U^N@G_  W;
MX9_Z)UXD&.G_ !-M'&,_CQ3_ .(>8[_H983T]G57_M@?ZZ87_H!Q"_[B4_\
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M,"J,>#MA+QQ5#WE%*K2?,TN6-IQU>J5ENUV.?$K_ &>OH]*,UH[;K;YE_3%
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M_B2:C_Z325U8%?[9A5HOW]/;2WOHY\7IA:]NE*>FUKQ9T-G_ ,>EK_U[0?\
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MLRLX(=@68@L<DG)J*VE:JK*#]K4]R/PKWGM96TV1=+2G#I:,?QBOS-"H+"@
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M_GU/;T.EL_\ CTM?^O:#_P!%+6%7^+4_Z^3_ /2F;4OX5/\ P0_])1RWB_\
MUOA'_L<M+_\ 2/4Z[<!\&8_]BZI_ZD88YL5\>#_[#(_^F:YV'<5YRV7I_D=?
M_P E^@Z@84 % !0 4 % !0 ?Y]* _#]#EO"?GBQO_/\ L.\:]KNT:?\ 9O*$
M1U*X\GS?LA\L7GE[?M@?_2/M&_SP)-U=6*MST^7F2]A17O<R=^17MS:\O\MM
M+;'-A-(3V_CUK6M_.^QU-<ITA0 4 % !0 4 % !0 4 % ',W_G#Q/H&S[%Y
ML-;\WS3;_;MY%AY7V,/_ *3Y/+_:_LX\O_4^>?\ 5UTTK?5L2O>OS4;64N7X
MI7YK>ZO[O-N[VU.:?^]4-O@J]NRV_P" =(M<W;T.A:6Z>ZO(=0,* "@ H *
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M&=11NK.<4F_[N;IJ5+%1;]GS*M&"3;5JV*C5NWO:I&*FUM%^XNQ]/?!_X/\
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M4=>FGW^1S?@[1+O^Q-$F@UGQ!I<%F^II+I4@TPK>.-8U)GGO6ETI+@/<E_-
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M&FH/1TX33]Z+MK)GS>>Y]B<JQ4,/2I4VI4(U$YZ*[J33VMT2/!/^&X/BD/\
MF6_ H_[<]='_ +FZ^C_XA[E__0;BU_V[2_\ D#P_]<<>O^7&'7WK]0_X;@^*
M0Z>&_ O'_3GKHZ_]QNG_ ,0^R]?\QN+T_NTNO_;@?ZXX]?\ +C#Z>JM^(?\
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M?^"'_I*.6\7_ .M\(_\ 8Y:7_P"D>IUVX#X,Q_[%U3_U(PQS8KX\'_V&1_\
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M7^+4_P"OD_\ TIFM+^%3_P $/_24<KXQ94?PDS,L:KXQTLEF8*H'V/4\Y)(
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M#'"XFC 8C (7YN3D@$#U'<BER3T]UKNK25E]P<]-?\O(*W]Y:7#[5;C=^_@
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M*TS6Y-5NM6>\U.ZU'4(UMXXM/LOLT%KT34W&44I1YZ>-C)VE_%QM.E2=6/\
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M9J5W"NN2QWNJ:!;Z3'ID[K]@AUMIQ>2K8/&L#8NC4]GRQYH3E2P-)U%!QO\
M4IU))J/3VL9J,XWWCS7ULMH5*=.O&IS0]G3Q&,Q'L>9?\QL5S1<M7[E3FG3E
M964N2VEW[!X^^"?B#Q%X_P#A)\0_!?Q1T[P9K?PT\+>)?!TL&I^#+7QA9^)M
M!\52^%WU,"-O$V@2Z3?;?"\<=M>027PB^V3%H9/+VOHX2]KB9\K5/%4HT:U-
M1<9<D:TJR4:F\=9M?"^C]<X.G##X:BJD'/"S]I2J.2Y>?V'L&Y4]FG'5KF/
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MOS?,=W&!GGCKQ1R37V7INK-67?87/3_Y^07_ &\E;\0^UVX!/GVX"MM8^?&
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M+FO?V:O:Z^&_P]+;:'+A%:%71+_:*^VEO??8ZBN8Z@H * "@ H * "@ H *
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M&V6_OR?]]O\ RW5]W[&C_P ^:/\ X*A_D?)>TJ?SU/3VD_\ ,,M_?D_[[?\
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M<^+_ -UK_P#7J?Y,Z"S_ ./2U_Z]H/\ T4M85?XM3_KY/_TIFM+^%3_P0_\
M24<MXO\ ];X1_P"QRTO_ -(]3KMP&E/,>ELNJ>5KXC"G-BOCP7_89"W_ ()K
MG8< CMC\,9KSELEV5K=MON.O_P"2_-/\Q>.U)-;*VG1=/ET'MY=N@9'J*>WE
M;Y6N&VBT\M@R*/T_"^H;>5OE:XOTH * "@ H /\ /^>E&WE;Y6N&WE;Y6N<C
MX.6)=/U 0VEQ9#_A(_$3-'<.S/)*VJW)EN4+0P%8;ER9H4"$+&X DD'SGKQE
M^>E9QE_L]#X=$E[-:.S?O+9^?1;'+@[JG5T<?]HKZ-6WF]>FYUN0.X&/PQFN
M2Z7ERZ/I;_(ZMO*WRM<7@>V/PQFC;R_ -O+\!,CVHV\K?*U@%Z=.,?AC- ;>
M7X!0 4 % !0 4 % '*:BL7_"6^&R;2XDE73O$ CNT<K;6JL--\R.>,1,&>X^
M7R6,T17RY,+)D[>NDY1P>*47!+GP]XNRDVI3:Y=4TEJY63\['+4O]:PZ2=N2
MKJMEHM_7H=2OY?TS7)M;IHO):]O4ZMK>BTV%XH_X;_@!MIM;IM:_D'%&VFW9
M;!MY6^5KAD#N!^E&WE^ ;:;=+;?*P9 ]!C\,9H\OP_X ;:+3RV#(]J-M-K=-
MK7#\@R!Z#]*-%MIVZ!MY6^5KB_2C;R_ -O*WRM<* "@ H * "@ H Y+55B_X
M2SPHS6EQ)*MKXA$-W&Y6WM-UO9>8MQ&(F5VN1M6$F:+84<A9,X7LHN2P>,47
M"*OA[Q=N9M3E;EU3TU<K)Z;V.6HVL5ADD[<M757LO=^XZM>/;VZ8KB6R]%Z'
M5M;I9+RM?\AU,/0*-O+\ T$_3'3MUI6T=E:SNNFVH;'P[<_L-?#^]'PSCO\
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MQ0H23W=[2FO1.^J^TX<X=?-''YC'EG'^!2:Y5;HY1T>_1K4_2!$6,!5&T 8
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MCP47+EL]?9PI5'=JS7\5[6V1]Y@8&/3/MU-.UK+:R6G8I+E^]O[]1: "@ H
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MP)I/%NEPR:A&;77<Z9_Q\%/#VM.C_OE@_P!#=+%DOOG<-_H9F_=AY?\ 5HS
M6$J6C9T[/;]]!=+ZKFT^=@^M4E]FKI_TZEU^0J>+-,>>RMUM=<5[ZW^TP%O#
M^LQQ)&1,=MS,UDL5G-B!_P!Q=-%-DQ IF:+<GA*G*]::479_OH*S\ES:[K57
M!8JDFDE43UM^ZDOT*X\:Z0+9+L6GB(1/<M:JG_",:^+@2!%DW-;?V?YZ0E6
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M=6/O3TY)0OI:STL]W^)K?\)II*VT]S]D\1>5;7*6DB_\(SKWGM+(LC*T5O\
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M377W:DUJ2[\N*NVI8K^-KJFO9/W79<O\&F]%W[G+^'/V3/A!X.:VF\(V6O\
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M_H=7_P#">\2__*BC_5/B'_H7U/\ P*E_\L#_ %DR?_H+C]S_ ,@_X:O^ _\
MT.K_ /A/>)?_ )44?ZI\0_\ 0NJ?^!4O_E@?ZR9/_P!!<?N?^1S_ (I_:E^"
MMYH&I6VF^+(KN]E@5;>UNO#>OR6TS^=$Q6:.XTN.%EVAB [J-V,'=M%=."X4
MSZ.+HN6!JTE=^^IPCR:-W3C-M/;;4QK\0Y2Z4HPQ4;Z67+V:;3\K79OC]J[X
M#@#_ (K5QP./^$>\2\'_ ,%'%<W^JF?WLLNJ[R:]ZF^NMGSKN:QXCRCE7^UQ
MC9)?"UJ+_P -7_ ?_H=7_P#">\2__*BC_5/B#_H75/\ P*E_\L'_ *R9.O\
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M2Y@^)O$6F>$?#FO^*=;G%IHWAG1=4\0:M<DJ!;Z;I%E/J%[+\Q4?);6\C#)
MR.HK*I5C2IREKS1BW&$?BFTFU"*_FD]%W;+IPE.K"G%)<THQ4GHES.UWV2O=
MOM=L_-KX*?MX:KXD\'^)SK]IH/Q&^(TWCWX9:+X"\-^!YX_#%A>1?&S3GO\
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M2K4;YHRE4WL_YK\ME9)>1]U*G1HO"TJ7)2IT^>,(15ELMK=>K?5N[U.XZ8[
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M)+9CYDG[K]T/,7+@TG;$333T7);335^_IU_#OH<V(_D2^=K>B*XO/&HMD?\
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M_P"07L^5.S7R[O[]&[!E>N,#MU'^<TMK+W4];*UMM6)27*I)^[WVM_EJ *]
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MP\8)Q4LLRZI)N_-4JRC4E4G+^_)VYK=3ZB''3C]*:TT[+;L'X:^EA: "@ H
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MITI<T'9VT:_%='=7=KG[!A:T<10IXB%.='VL5*5.I'DE'U7Z]5KU.GK Z H
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M[D;6UH0U=M/>^+IJ]=3EP=O8NS_Y?5O_ $Y(ZNN4Z@H * "@ H * .6\<?\
M(G>)O^P)J/\ Z325UX#_ 'S"_P#7^E_Z6CGQ?^ZU_P#KU/\ )G06?_'I:_\
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M5Z:G-.ZQ.'7*K<M7R:]WI_P#I5]O\/PKEVLELDM3HVMIRVBO+<=0,* "@ H
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M6N=04;>7X %&WE^ !0 4 %&WE;Y6N!RWCCCP=XF[8T34?;&;:2NO _[YA?\
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MO]KW\Q_Z1Y//E5*IX11_BS3YFK>RTY>:W-?FW:UM;ROU%S8E?\N(Z+^=+?\
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M[77TZASXE<R5"%K^[[ZV=M]K#H[WQ-YMDC^'[".&2#??2#7=SV=P3+F&&/\
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M42E08%_LX?;<P8E(S;8<F+)QYAYY0PMY_OJEDWR_N;7O_,N;W;OU-XRQ,?\
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MB*_[?7],8=0\6B&Y9?#>F&:.XC2UB_X2':EQ;L9?,GDE_LL_9W0"$B'9+O\
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M[.Q'%]I+P?:][?NU$Y@^;RQ/L\(HI*K->^DU['11YK7^*]TM;;>=M1N6(O\
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M5F^:R:>I\K>/OC?XD\/:7#9ZQ\7O&^@^&?"/P0TKXD>%[70OC1\*8?%?Q?\
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MP^)K?#:+KW4M(0Y<!0J\J71SE5]V/5QD]7M]:_M1:?XI76?V<;GP[\7/BEX
MC\??%/P=\+?$6G>"_$.E:7IU[HNL:%XJUR\U!+?4=!U:5/$;W.GV<,>HI<;%
ML83 ;1G;SEZ$HK,YX=W5.IA\RKI)V49X.%-TE'32+<GSI+WK+5'GTIN.7X>5
MHJ2>$O+E:D_K,J<*G-KJDKN"^S*3>IYQKG[;FN>&+GQ/X7L[3P1JGB/P-<?M
M6VVIZ/J&K7LGB2'2/V?_  O!K7@?6-?LX+R*XLY/&Q;S-7OI;2WM+R)GN-#C
MC57*12?ML-/$VC3G'#U*LJ>R4XXY86--*^B49<[3:FDM%8ZG35&<X.3M&MA8
MP:ZTJ^%C7J3;>\HRDX::<VCO(L:/^UO\=-/\86^E>,_!WPHNM"L/B#\//!&N
M1^"]0\72>(K]OBU\+9OB9X6_X1R#5D6S^UZ%%$FDZJM[O_X2.:X$^FV^B+#L
MN+J6HQK.2FW0^O)PIQNYO!4%B&X+2RE"2BTU=--IR6AC>7L<-5BERXB&%JP3
MTY:>)Q3PKYK/W7&2<[ZIK31ZG*:)^W3\4];TB-])T;X*:]K'B:P^!VL^')/#
M^N^)=0T/P)/\9OB)'X$'P[^*TR2-=VOCWP\DXU*==/2PDNC::A"?#ULD,,T]
M*G_!CSP3J8F%'FC[U.4:E%U5*G:TG)6V^'E:;<97B:)Q_>3Y)^SAAL7B%!M4
MZR^K<K2EI**YU+31>_%P6_.OI?X3_'[Q?XJ^/?Q%^"OC./X?VUSX/T"+4]'7
MP=<ZCJU]J:Z<^AZ;K^KZI=QZGJ5EX>BDUW4[NTM?"&OVVC>)M.M[6WN5E\0V
M5T]_!G2:G3JRUBZ>(J4E&UDH*4E3?-M*3BES<GPRNG%6)J<U.5*-M)THU+V<
M?><5)I1WC&S=G.RDK.^MCZ]''MC\.M"T_JWX:#VV_P K"TP"@ H * "@!,8]
MOTI/2RM^EO\ (-OETVW.7\')/'H%HMQ;6EI,L^I[H+#RA:H#JM\4,?D2SQ;I
M(RDLVV5F\YY-X1]R+U8QQ^LSY7.W)2UG=2M[*&_,D]&G;3:VZLSFPBMAX[*U
M2LURV2TJS['YL_MO\?%3P[_V(EE_Z?==K]3\/KK*L99M)8^Z2=E=T*5]/D?G
M_&5EF.&T2:PMTTK/6I)/\CXUK[S7N_O/D?ZZ!1KW?WA_70*->[^\/ZZ!1JNK
M^\-O+[D%&JZO[PV\ON0M.+MHM^E^GH"BKZI:?*W7Y'9^ ?'WB3X:^)K+Q1X6
MNOL]];$17%I)O:RU:RD=?.TS4+>/!GM[@XV%09X)]D]L5F5<^9F^68?,\'5P
M^,^&*<X5&U%T)I64U*VEONUL[K0[<!C\1E^*IU<+>+32=**;51-ZQLN_](_;
M_P 'ZY=^(_#.A:[?:)?>&[S5M-M[VXT34@@O=-EF3<UO/L)&1]^/(23RG0S1
M0R[XD_G_ !5&&%Q-7#TZD:M.E.4858?!.SW7Z]+WLVK'['AJLJ]"E6E3E1G.
M$92IRTE"ZO:VF^Z\FCIJQ-PH * "@ H YK65F.L^%#%;VDD2:AJ!GFG\K[1:
MH='O@DED'ECD\V24I#+Y$<S_ &=Y=ZK%OD7HI65+$+WT^6'+RZ1^-7YK+:VU
M[:G-6_BX=6C\4]UJM%MV.C'&.W^?ZUSKI]GRZG2ER[.WEM;Y#J "@ H * "@
M#$\2+*= UM8(8)YFT?4EBM[KRQ:S2&SF"0W/FO%$+>1L)-YDL<?EEM[JN6&V
M&:6)H7O%*I3;E&ZE%*:ORV3=^JLF[[&.(5L/7M9-4IVOMK%^FA=TT,+"Q#HD
M;BRM=R1;?*C801[DBV%E\M3D)M9EV@88C!J*ME5J)<UO:5&G*][<W6]G=WUT
M6II3TIT]DU&-[:;Q1>J"@H * "@ H * $/;MS],4GVLUH]5HUML-?=;;RN<Q
MX26>/3)EN+:TM)/[9\0LL5EY7D&)M;OVAF/D2S)]HN(BLUUEQ(+F242QQ2;D
M7KQC2K+E<FO94%>=T[JC"^Z3M?2.EK6LVCEPB?L7?ETK5K<J2WJ2VMY;G45R
MG2% !0 4 % !0!RWC?\ Y$_Q-_V!-1_])I*Z\#_OF%_Z_P!/_P!+1SXO_=:_
M_7J?Y,Z"S_X]+7_KV@_]%+6%7^+4_P"OD_\ TIFM+^%3_P $/_24<MXOXE\(
M]L>,M+]NMGJ?^-=F NJ>8VT_X3ZGEI]9PK?WG-B^52P=U\.,AR].5NE65U\F
MS9?0-%>WOK.72-+DM-2NC>ZE:2:=9M;:A>EH7-Y?0&$Q7=TS6UNS7%PDDQ:"
M E\Q(1YUK6NOA;<+?8N[V2VNI:IZ:W?4Z[6>]O=:DTDG*^BOY<MXVZIZZ:#A
MH>C);1V:Z1IBVD-Z-3BM1IUHMM%J2W1OUU"* 0B*.^6^9KQ;M4%P+HFX$GFY
M>E[VGQ*U[6T<=]8Z^Z]7>V]]+![J4K>[S*T[*W,E:RDNJT5KZ:+LK5I?"_AN
M>-X)_#^AS022ZE-)#+I%A)$\VLJZZO+)&]N4:755DD74I"-]^LCK=-*&((DE
M]EQ44XV227*[-Q2Z)R2DUM=+JAJW,FK]'+=-M*T6WT:3:OO;38P_^%7_  W%
MJUA_PKWP-]A-P]V;/_A$= %J;F1$CDN3;_V?Y)N'CC2-IBGF,B(I8JJBG=)Q
M5I62=E:RUMJNL=M;;]0LH_"N5VM*RLY6O:]K:+F=EYMK=W[.TMK>PMK>RL[>
M"TM+2&.WM;6VBCM[:VMX4$<,$$$2I%!#%&JQQ11HL<:*JHJJ  7DVW)R;;;;
M:L]7ZW?KOWU$E&-E%<JU=DK>;V[N[+&<=NGX=:-MD]/*VX[I:=O(,^V/\_2B
M]NC7R%=>?W6#/M_/_"BZ[2^[_@CNOZ0F>V,4G));2TZ)6W^872^72UM_R.!T
M'1]!UK0=6TR_T:"_TJY\1^(#=Z;KMI::G:W4Z:S/+),]K<VYMW@>Y7S[5)(7
M:-?+.]G7?7?F,91KTXR<)/ZKA9Q</ABO91M&[;M-)VD^]]#DP2]G2FHJ4?WU
M=:NSLYRO>UM'?;MHS4D\#>#)=,T_19?"/A>31])F-SI.DR>'M(?3-+NF=Y6N
M=/T]K/[)93M)++(9;:*)R\CN6+.Q/!?6,N5^TBN53:UC'3W8N^BVT5MD=:M%
M;6B_BBM%)N^K7?7\6:S:)I#1ZE&VE:8T>LILUB-["U9-606RV034D,6V^06:
M):!;H3 6RK /W2J@;:OL][\MMI73<E_>YDI.6]TA12A9+2R44TN6T5]FRV6K
MLEHKON5KCPQX=NH[J*[T#1+F*^M[&TO8KC2+":.\M=,E,VFVUTDENRW%OITK
M-+8PRAXK21B]ND;'-3HG&_-[DG.-]U-Z<Z=])K5*6CLV@5DK=+.*27*HP>\4
ME]E]MO6Y-)H.C2W#7<NDZ7)=M<VMZ]U)IMH]PUY9026MG=M,T)D-S:6LTMO:
MSEC+;P2R0PND;NI27NKF3YO?L^6RO-<LI6Z2E&RD[^\M]'8?NJUM+6325KQC
M=Q6BT49>\NS5UJ7+&QL],MH++3[6VL+*UC$-M9V=O%:6MM"OW(H+>!(X88DZ
M*D:*H["KN^J>T4NEK*W?^E9$I**MYMW2MJW=NWF]?-W>[9<SCMC'X8S^%'R:
M^[3\1W2\K>3TN&?;&/PZT7\FO+_AAJW3\K!G'X=/QH^37RL%K;+] SVQBE?R
M:733].@:;?H)GVQ^8Q^E._9-+TM;Y7#1=U;R[G*:D+?_ (2WPUN@N&N1IWB'
MR)T8+;0QD:;YZSH8RSO+^[\DK(FW9)E7S\O92<OJ6*C%QC%SP]XM6E=2FTUJ
MM.ZL_D<L[1Q5"R=^2JK]$K)VY>]^NA:N/"?AB[O+_4;OPYH%SJ.J6!TK4]0N
M-%TV>]U'3&"@Z=?W4EL\]Y8$(@-G</);X51Y>% '%K%-;+G3E%+27*[W:Z2Z
MIW=GJM3IVY6[Z1LNZNM;/I=.S26JWN5QX'\%KHR>'!X1\,#P^EP+Q-!'A[21
MHR7@?S!=II8L_L*W(<[Q.(/-#$L'R31I>-U)\J:C=:13OLNFC:TZ-KJP34=.
MFFEK7:[M?+MLB:'PAX5M6TQK7PUX>MFT2VNK/16AT/3(FT>SOE=+VTTPI:K]
M@MKQ))%NH+3R8KA9'$R.&;(TKN\='%0:LE>*^RW>[CVB]$"TY5K:,G*UK)2?
M56M9WZ[]WU+Z:)I$0TQ8]+TV,:(-NBA+"T4:.IMFLRNEJ(@-/!M&:U(L_)!M
MF: YC)4MMWYO>YFFG+9\KDI<K=[N-TKJ]G8%&R4;)1CJHI)*^NK\[MM-6,'P
M1X"\,_#G0Y/#WA2REL=.GUKQ!XCNOM%W=ZA=WFM^*=:OO$&NZC>7U]-/=W-Q
M?:IJ-U,6EE80Q-%:P".V@AB172A2IVER4J2HPC91Y::V6EK:M^MW<'\52=^6
M52I[23M]II)I+9*T4DNBL:Q\->'O*LH?["T7R=-2\CTZ$Z38^5IZ:C%)!J*6
M,?D;+-+^&66*]2W$:W<4DD<XD1V!EI:W3;LHOF5UR75XI;*+27E=1=M$-M[W
M:>Z;UM.^DGUNDW9W3UW+%KHVE6,ZW5EIFGV=REC:Z6MQ:V-K;3KIED9&L].6
M:*))!869ED-K9AOL]N9',,:%CFT[7T:O+G:MN[67-;=I?:>HK1T_Z=JT9+1I
M-WFEVC)I-I);==#.G\&^$KFWU:UN?"_ARXM=>NDO=<MI]"TN6#6KV,JT=WJT
M,EJT>HW4;(C)<7BS2J54JX(&%RQ2C%0MR-R@K)*,W>\DE9)Z[I)[W>H^9W;C
M*4;I1=M^5?9O_*]-'=::%S_A'M"$T=P-&TE;B&6SGBG&F68FBFT^WEM-/ECD
M\D/'+86L\]M92*P>UMYI88&CBD=6:=FY6:E*[D]$W)I)R>MVVE%.[U25[V%[
MJM&*Y8I<JBDXKE3NHVV24KM))6;=MW?9'R@#GCVQ1VT:MY)?J%TMOR:%S_GI
M1>W1JW2W?T&K=-ONM^09]L>G:E>VEI*WE_EL&G33]!,XXQC'X#FFO1I=-/T0
M:)VU5O+N+G';%'R?W6L*Z\U\MCDM5%M_PEGA0O!<-<BU\1?9IXW"V\"FWLO/
M%PAC+.TJ[!"5DCVLK9#[L#MH\WU/&*,E%7P]XM:R?M'RM:JUM;Z/Y'-4M]9P
M^CTC5UVM>/8ZL<#ICVZ8KB^&VFMDM/\ +H=*LDM.71?(=GV_G_A1==I?=_P1
MW7](3..W3^M*_D_N%=+OIY6W#..V/3MC_"FGV4ONL/166J^6W^0O([8Q^'6B
MZZ)^2M8-%W27ZAG';^E*]NCTZ6L&B\E]UO\ (3\.WIBC3;E=_06BVZ?J8\_A
M_0[K5+/6[G1]*N-;TV*2#3]8N--M)M5L(9]PFALM1DA:\M(I@SB2.":-'WMN
M4Y.6KP^!.#Z^G5/5:,)6E92^&.L8VMRO=279IZW5G\R&/PMX:@_M(P^'M#B.
ML7D.HZN8]'T^/^U=0MY5GM[_ %+;;#[=>03JDT-U=>;/%*JR)(' (22BE%1L
MHMRBDDN64KW<4M(MIM-VU"3W;;NXJ+;3=TME)/5I=%>RZ$<_A'PM=I;1W7AO
MP_<QV<VH7%FEQHFFRI:W&K%VU6>V62V98)M2:65M0EBV/>F1S<M*6;(DH\MH
M\O+'DBE&W+&[E&*M\*3ULM&];)CW[]Y)_:E;E4GYVT7EIL:EQIMC=&T-S9VE
MP;"XCN['S[6"8V5W$CQQ75H94;[-<1QR21QSP[)8T=T5PK,"/=3LU4BFE*VO
M++XDK/13TYM=>MQ<J2Y;>XHI*.W*X_"_ET[&9)X3\,RW=[?2^'=!EO=21X]1
MNY=&TZ2ZU".2T-A)'?7+VS37226)-G(L[N'M2;=LPDH4O=7*DXQYKM)*TKZM
M6VU>M]^[8[K9WW32U]U):+[[M/I?30L_\(_H@D$PT?2EF6YL[T2C3;,2"\T^
MW%II]V)!#O%U86O^C65P#YMI;_N8'CB^6JNT[^\M6U;3XE:5^OO+23NFUIL*
MRCR1C[L(:*-M%%/FC%+:*3U5E:^I6@\)^&+-;I+7PYH-JE[J<6M7JV^BZ= M
MYK,,JSQ:O=+';*+C4XIT2:*_EW74<J+(DP=0U2GRQ246E#2,8KE:;T<H6?N:
M.VB*VYFFXN46K^O?:Z\G=/YERVT32+&^O]3L]+TVSU/5?(_M74K6PM;>_P!3
M^RH8[8ZA>0Q)<7AMXSY<'VF27R4^5-J\4)*G>$4XQO>T597??S[OXGW%)*Z;
MOHDE=6LE^-O)^[Y&J..@Z?Y]*:?D_NM^HM%Y?*WY"Y]L?TIW\G]W_!&K=/RL
M&:+VZ-?*UOD.UA,X[?TI7MM&7W6L*ZCY=N@N<=L?_7HO;9/TM:P:+R2VZ;B9
MQVX'Z9IWMT:MLK6%=6;Z+RL*/R]*.UO=[K_(=DK-?Y'(^!A;+X:LA:07%M!]
MHU;9#=NKSJQUG4/-+LL<0Q)+ODC&Q=L3HIW%2QZ\P4HXNI>TK0H_ K+^%#I=
M]&NNYR8*RPT=.1<];1O;][/T/CS]I_X%_$GXG>/='UWP=I6G7NFV?A6VTJ>6
M[UFRTZ1;V+5=4NWC$-P0[((;N%A(HVEF9>JFOL^$N(\NR? XBABW64ZF)]K'
MV=-R5O9PA9VM9WBSY?B+),=F.+I5L-&GRPHJF^:I&'VG*]G;^8^</^&0_CJ.
M/^$>T3C_ *FC2^__  *OJO\ 7G(DOBQ2:Z>P:M?SN> N$\W7V**2V_?1_I!_
MPR'\=1_S+VB?^%1I?_Q5)<<Y'WQ*[+V#_P QOA/-U:T*-O\ K]!6^0?\,A_'
M4?\ ,O:(,?\ 4T:7W_X%37'.1*_O8I);?N'U^8+A+-]5R45;;]]'\N@?\,A_
M'4?\R]H@_P"YHTL?UI?Z\Y%?26)2[^P>GXB_U3S?^2C_ .#HA_PR'\=1_P R
M]H@_[FC2_P#XJC_7G(UUQ*M_TX:M?YA_JEFZ^Q1T_P"GT5N4M1_93^-FDV=Q
M?WF@:0EM:H))C%XCTV60*75!LB1M[G<Z\*.F3VP=:'&F25:M.G&>(C*4N5.5
M%QA%.]VY7T(J<+9M1CSRA14$TI-58W5VDK);ZO7R/J7]GO\ 97E\):BOC'XF
M6]C<Z_8SEO#^@03Q:CI^F/&1LUB\FC'D7=^3DV,*AH;$#SR7NF3R/D.)>+UC
MH/!Y:ZU/#27[^I).G4FGHZ2CO&'64KWEMHKW^CR+AOZG/ZUCE!U8/]Q35I1B
M]_:MK2]M%'H]^B/N<<<<_P"?\:^!3225I:=UW/LKI/\ EZ62L@S[?3TIII=)
M)+RM;Y!I>VJ_"PO3H*-NC^ZU@T7?3;2VX9]L4KVV3]+6L&GHNG0,^W]/Z4[V
MTL]/+O\ ,5UTT^5K!GVH^3_#_,+KS^ZQRFN"W_M[P;YL%P\PU/5/LLD3!8;>
M3^P=1\Q[I#&Q>-X=\485HR)GC8LRAD;IH\RH8KE:BE&G>+LG*]16MKT>K\CF
MK6]MAE9ZRJ6Z<K45^9U0[<?T_3M7,U:VCT73;7_,ZDK7T<4GI\Q<X]O:C;H_
M2P6MTT7R_ 3/H/YBES6^S)6Z6[@K=-/EL+G';^G].*=[=&NV@77FOE83/MC_
M #^E)/2/NO>VUK>;'9+_ (:PN<=L8_#K^%.]KJST=MA:+]-# \4^3_PC7B$3
MQ336_P#8>JB>"W81SS0_89_,B@<HX2:1-RQL4<*Y!*MT.^$;^M8?E]U^VI6<
ME:*?.M79K3OJM+F&)Y50KZ/2C/3;H_S+^E;!ING>6KI']@L]B2$%U7[/'M5R
M H+J.&(4 L"<#I4UKJM53U?M:CO%:?&]O)]/4TI)*G3LK>Y'3_MV)H9Q[8_K
M65[='IMH7;Y?A83..,?ATI7Z*,ONM;Y!=+^K"YQVQ^E%]K)_=:P:+R[=!,X[
M<?E^E.^FB?I:PKJU]NVEK"YQVQC],T7\G]R_S'HO*WEM<,^U%_)_@OU%=>:^
M3T$],<8_#&?RHUL^73UT_(:MLK_E8Y+P4+<://\ 9;>YMHO[>\3DQW3AY3,?
M$&HFXF#+'$!#-/YDMNNTE(7C4NY&]NS'<T:Z3:E^YP_P?]>(-):]%H]=_N.3
M!I>RE9.*5>NE_P"#):]#KL^V/Z5Q)I=)+RML=>B[V7RW$SCH./\ /056W1JW
M2W?T!62>ZY>EMA<X[=/PZ_AQ1\FNV@KI=UVTL&<=NG]?PI7MTDK=+;7'=?T@
MS[?THNNTON"Z_I6#/M_/_"BZ[2^[_@A=?TCEO&__ ")_B;CIHFH^W6VDKKP#
M_P!LPW*FFJ].R?N[R7W'/BO]VKI:?NI^5M&=#9_\>EK_ ->T'_HI:QJ_Q:G_
M %\G_P"E,UI_PZ?^"/\ Z2CC/'AO4B\+G3H[62\'B_3/(CO)98+8O]CU/ ED
MACED1?4K&Y]C7?ED:7^W>V<XTXX"JVZ:3DOWV'2LFTMWU=CCQW/_ +&J:CS?
M7*=E*Z7\*LWMKTZ&L9/%OGNHLM ^S?8MT;?VA?B8ZC]G5O*9/L.P6?VO<GG!
MS-]G"OY/F$H.50P7)"T\0IJI=KD@HJFWNGSWYK/X7[O2YNWBDWRQHI6LKRDG
M?[K6?WC$D\8A;+?8>'5=IG&HA=1U+;%!YBB-K,FP!FF,)<NLPB02!5#%26%.
M.#]Y*KB-%[G[JFKMI[_O-%>VJN"EBU;W**7E*6B\O=&M)XS$5WLL/#?FK.@L
M%;4=26.2V+S"1[IA8%HIA&("B1"5&=I0S*%0LE'!7I?O<3%6?M+4X7B]+**Y
MUS)ZW;M;3347-C(\]H4/[BYI?^3::?+NR4OXL\\@66@"V^Q;E8ZAJ G_ +0^
MSY\LH++8+,W?R&7?YOV?Y_*\SY*''!J+2JXA/VFB]G!+DYM'=3OS<O3:^E^H
MU+%J7P44N57]Z2:G;6RM:U]NMB-)/&.RRWV'AQ7::0:BJ:CJ)2.W\R,1-9DV
M ,LK0^<SI,L*"01JKLK,P''!WJ)5<2HV7L_W<$[V]ZZY_=UVM>^]B5+&^[>%
M!:N]I3T5]+:;VW!I/&02[\NP\.>8LR#3PVHZDJ26YDD\QKLBP+13"(1%$B$J
M,[.&8*JDM0P47%>UQ*7(^;]W3NI]$E[35;W>C'S8S7W*"[+FDOO]W0D#^+?/
MQ]BT#[-]B#;OM^H><-0^SAC%L^P[/L?VO*"7=YQM\2>5YF4J8PPBA9U<1S<[
MT4(6Y&][\][\O3:_7J/FQFW)0M_BDM?N_I$:2>,MEGOL/#BR&=Q?JNHZCLBM
M@\81[0FP#2SF,S,T<RPQAQ$ Y#,5?+@US6JXC1>[^[@O>L]':>BO;57ZZ=US
M8Q?8H+_MZ2MZ:"M)XQ"7A2Q\.;UF0:>IU'40DEN9)/,:\(L"891%Y11(5F1I
M"X9PJJS.,<%>%ZN)BK>_:G!V=E\*]HKJ]][::]0YL6OL4%;;WI=?D<YX5G\6
M/!?8DT/4;9=3U\&XDO=62>#4$N[G;IJI/8X-C9786S%PK?-:IYL,6=J-T8V&
M!_=)*O2?L\/>'+!Q<>1?O>:,[J<U[W(U9-V;T.;"2Q7LZFE+3$5_M2_G>FUK
M;K\CHED\9>5:%K#PV)C.XOE74=2\J.W#Q^6]J?[/#23,AE+I*L2!UC"N0S$<
MZA@5*?[W$\O*N3]U33YK.Z:]I:*O;57T.GFQEE:%"]]?>DK+R]W<&D\8A;[9
M8^'=ZS(--#:CJ(62W,L@D:](L"895A\ED6$3(TC2*750K,E#!J5/][B$E%^T
M_=PNI-*W*N>S5[ZNS]0YL;RR7)03O[GO32MW>FC]"3?XL\]!]BT 6_V/=(WV
M_4!,-0^SL3&B?8=AL_M6U!*6$WD$R>5O 0KDP:BK5<1S*H]/9P2Y+Z/X_BM?
M2UO/J/FQEVE"A;D5O>E?GZJUOA[/<B63QGY5H6L/#8G,\@O574M2\J.V#1>4
MUJW]GAI)V4S^8DJQQJRQ;78.Q6E'!*4_WN)44E[.U.%[N_-=>T2BMK-7OKH"
MEC%&/N4%+7FM*22[6T^\<\GC$"^\NP\.965!IH?4=1420F5O,-Z5L#Y,@AV,
MBPB93*64L% 8B6#O'][B$K/FM3@K.RV7M-5>_;07-C.D*'E[TE]^@\/XL\^,
M&RT!;;[&&E8:AJ'G+J'V=B8HT^P[#:?:MJ"5G68VY,GE"0!#+CA.5VJ5U+F]
MU>S@ER\VC;Y[IN.K26^E^H^;%_R4;6_FDO\ VTA63QIY5KNL/#0F,[B]4:EJ
M7E1VV8O+>V;^SP\DY!G+I(D: K$ YWL5KDP/,[5<2HJ'N_NZ:?.T]&O:62O;
MWM79O07-C$U:%!*^OO25EUMIO8>[^, +_P NQ\.Y251IF[4-0420^<X=KW%@
M?)E$&QE6#SD,I92P0!C*A@TJ5ZN(37\2U.&FGV??5]>]AWQ:=2T:-O\ EW[T
MO_)M-/D/5_%HFB!LM 6V^Q%IF74-0\Y=0\B0B.)#8A&L_M7E(96=)O(,C^5O
M"H1QPG*^6IB%+VGNKV<$O9\V[:G=2Y>EK7TOU$I8Q25X4.7EUM*2?-;7IM?K
MOW(A)XT\BV)L/#8N3<2"[0:EJ7DI:CR_+>W?^SP[SG,V])$C1<1XD.YMM..!
MO-*KB4K+D_=4TW*SYDTJGNJ]K-7OK="4L:EK3H+5[2E9+I]DY_4;CQ<GB738
MHSH,)^S:T=,TTWVK"+4X%DL0UQJ#QV!AMIK&$H\:#S=\ES(D;;59JZ*5/ _5
M:NN)=G1YY<E)>S=Y644YWESN^NEK)O0PG/%?6:"Y:,?<JM)2DK^[OMI^ITJR
M>+!- #9: +?[)NN&%_?F9;_R9"8X4-D$>U^T")1*[I+Y)=_+WA4/-R8)7Y:F
M(7O77N07NMK5VGH[7T6E]/,Z+XM<JY*%E%7]Z2U:Z:;$(D\:>1;9L/#0N?M$
M@NE&I:EY"6H\GRGMW_L\223DFX\R.1(XUVP[9&W/M%'!J3_>XA127+^[A?F=
M[IKVEDMK.^MV'-C%]B@O+FDK?@2/)XO4WWE6/A["NO\ 9A?4-1!D0S8<WP6Q
M(A86_P RK 9AYWR%@GS4U'!+DO5Q"7V[4H::?9_>:^]WMIJ'-C/Y*'E[TE^F
M@Y'\6B: -9>'Q;_9 URRW]_YR7WDR$QP(;$(]K]H$:B5W24Q%V,6\!3*AA%&
MI^]Q'-S/D7)"W+?>3Y[Q?+=VC?72X[XM:*-'_P "E_E_7J0B3QJ((#]@\-"Y
M-PXN5&I:GY*6@6+RW@;^S][W!8S;XW1(P%C(D)9MM<N!4I6JXGEY5R_NX)\V
MMTU[2R6VJN_+O/-C>2*Y,.I7]Y<T[*/EI>Y*\GBX'4/*LO#^U' TK?J&H*98
M_/PQOPMB1 _V?#@0>>#-E"0GSTHPP:]E>KB=(_O+4X:2:^S[_O*_5\KZVZ#<
ML8N>T*&C]SWI+W7_ #*VC]-!5D\6^=;AK'P^MO\ 9=UTRZA?F9+WRI2$@0V(
M1[7SA IDD=)/*:5O+W*JLG#!\NE7$<WM-$Z<%'V=UK=3^*U_=M:]M=;AS8Q-
M)0H)<JO[TDU+6Z2MMMKN0B3QK]FA/]G^&A=_:'$Z?VGJ?V=;3:GEO#)_9_F-
M<%C)O1T6,*$(<EB!7+@N:5JN)Y++E_=4T[ZWNO:62VVOZ#YL6DK0HI]5S2LN
MUM"1Y/%ZF_\ *L?#VU&7^RM^H:BK2KY^'-\!8D0,+;+J(#.#-\A(3YZ2C@_<
M_>5UOS_NX>[IIR^_K[VFMM-?(.;%K[%#3;WI=?\ MW0<C^+1-;!K+0%MS:YO
M&74-0\U+TQR'9;(;$));>:(AYDC1R;&D;R]RJ&''!\LN6IB.:_NKV<$N6ZU;
MY]':^EGK;4%+%IJ\**76TI7^2L0"3QM]GA)L/#(NOM+B=!J6IB!;39$4>%_[
M/#M<&0SAHW18PBQ$2%F<*U' \_\ %Q*@H=*=/FYW>ZY?:)6VUO?5Z(E2QL8N
MT*'-S:+FE91OZ;VOY;$TC^+@^H>58^'S&A']EE]0U!6E'G(#]N5;$B']QO<>
M09LS;4X0E@E'!I4OWN(37\2U."MIKR^^N;7O;]"N;&1<^6%&W_+N\I+_ ,"T
MT^0J/XL\ZT$EEH"6YM0;UDO]0,T=X5E+):H;$));>9Y $DK12;6E)CRJ!DX8
M3EFE5Q"?.^3W(+W+JS;Y_=E:^BNO,2EC-+PH;:VE/XK=--OQ(/-\;?9XS_9_
MAD7?VAA*G]I:F+=;7RT*/&_]G>8TYE,@9&18P@5@Y8D"G#!)S2JXFW*N7]U!
M/FZIKVGNKLUKW0*6,_DH+RYI*W_DIA:I/XKC\3:5'')HD \G7#I6GF]U4+JR
MJEIF34C'8F"V>RA/G( 9MTLK)$<!FKHHPP:PE5MXAN,J'M)*%)*FN9_!>=YN
M;TZ6LF]#GG/%?6<.N6BK*K9<TES7CUTZ;G21R>+1-:![+0!;FWS?,E_?F6.[
M*S?):H;%4EM]XMP9)6BDPTQ$>50-R<N#M-QGB$^>\/<@DX76LK3]V5KZ*ZO;
MN=">+7+[E'X5?WI*S\M-KD E\;"U0_V?X9%Y]H821C4]3^S"TV)M=)/[.\QK
M@R%P8VC6,)M82%B5%\N"3M[7$J*6G[N"=V]5;VFBMUO\NH<V,_DH?^!27_MI
M,\GB\27XBLO#WE(!_99>_P!05Y3YR!A?!;$K"/(,K@P&8F41H?E9G65'!KD_
M>8A:^_:$-%9_"N?77O;37R#FQ:O[E#3;WI+?OII\A4?Q;YMF'LM 6 P W[)?
MZ@98[D^;E;1#8A)8<^3AY7B?#2_+\J[GR8-*I:KB;W_=KV<+6TW?/>/79,?-
MC+QM"AY^]):^7N_F0"3QL+5#_9_AD7OVDB1!J6IBV%IY:%723^S_ #3<&;S%
M:,QB,1A&\PL64')@E-VJXE4^1<O[N"ESZW37M+)>:=_+O/-C>5>Y04KZI2E9
M1\M+W_ FD?Q:)+\0V/A\Q(O_ !+&?4-0621O-C&+U5L66$>3YK9@:8^8$7&U
MF8"A@U[*]7$:)^T_=PT;O\/O^]TWL-RQGO\ +"@K/]W>4MGOS*VCWV%C?Q;Y
MMD)+'0%@,&=19-0U RQ7),N5LT-BJ2PX$!#S/$^6E&SY4+BC@TI_O<1=2?(E
M3A9Q=K7]_1WO=)/IKV?-B[1M"CLK^])>]UMIMZE?S?&XM@?[/\,"\^TD,G]I
MZF+<6GEC#B3^SO,^T>;N!C,8C\L ^9N.T/EP2?\ %Q'*EH_94[W;>EO:6M:S
MO??H+FQG\E#_ ,"DO_;2>1_%JRWXAL?#_DHI.EE]0U!9)7\Q.+Y5L2L*&(R,
M3 TQ\P(N-K,1*CA+0O4Q"=USI4X62L[\OOZZVW2'S8M:<E%+I[TO\M!8W\6^
M=8B6R\/K;M%G46CO]0,L4^9OELT-BJ31;1 =TS0MEI1MPB;G*&#M5Y:N)3M:
ME^[@D]K\WO\ N_:VOT[L%+&*23A04.MI2YEZ:6(/,\;?90?L'AD7OV@@Q_VE
MJ8MA:>6"'$G]G>9]H\[*F,Q^7Y>&\S=Q3Y<%SK][B5%1UM3@GS/R]I:WG^!/
M-C%%I0H*7-[OO22Y;^E[V)G?Q:LM^(K+P_Y*1C^S&?4-06227S(05OE6Q*PQ
M^49V#0-,WF+"NW:SLL\N#M2_>XA._P"\M3@K*S^'W_>=[:/EZ^C?-C+S]R@E
M;W+2DG?STT7H*C^+?-L1)9: L+19U(IJ&H&2*7?)\MDIL0DT>SRCNF:%MS2#
M;A5+.4,'RS2JXA-2?LU[.$;Q=M9-3O%[Z*Z\P4L99+DH7ZVE+1^7NE?S/&WV
M7/\ 9_AG[9]IQY8U/4_LWV3RL[_,_L_S/M'G979Y?E^7\_F;OEI\F"YU:KB5
M3Y-?W4%)3[**J6Y?-N_D'-C/Y*'IS27SV+$C^+1+?"*R\/\ D+%G3F>_U!99
M)BT7RWBK8E88MAG.^!IFW+$-F&<K*CA+1_>XA.[YK0@DEK:WOZN]M++KKW?-
MC%]B@K;>]);_ "".3Q;YM@)++P^L+1_\3)H[_4#)#+YDORV*&Q59H_*$!W3M
M V]I1MVJI9J.#2E^\Q"L_<7LX*ZLOB]_W7>^U]+=Q<V,6T**\N:2MZ:%?S/&
MPM6(T_PP+P7&%0ZEJ?V;[(8R2Q?^SO,%QYVU=@C\OR]S;]P"FN7 WTJXGEY7
M_P NJ::ET5O:6MW>X<V,7V*"MVE);_(L._BU9;T166@&!(B=.9[_ %!9I)LQ
M?+>*MB4AC*F;YH&E;<L8VX9BL0A@U""E5Q"ES+GM"%E'5MQ?.FWMHTD]0;QB
M348T;I:7E)7?G9:?(2)_%HEL!+9>'U@92=4,=_J!DA?S9.+%6L5693#Y1)G:
M$^89%P5"EAQP:57EJ8B]W[*]."6R^)J;Y=;Z*_\ D<V,O3]R@E]NTI:?X=/S
M(?-\;"U8_P!G^&?MHN0%C_M+4Q;?9#&2SL_]G>8+CSL*(Q&8_+)8R!AM-<F!
M4W:KBN3DW]E!/F[6]I:WG>_EJ+FQJBO<P_,I/3FDERM^F_<G=_%HFO!'8^'_
M "%@SI[-J&H++)<DPY6[5;$K#"0;CYH6E<%8OE^=RB4<&O9?O<3I?VO[N&B=
M_A]]*3^'>V[[:MRQB<DH4%'[/O23Z7OIIUV$CD\6B33_ #++P^L;+_Q-"FH:
M@7A;S7'^@JUB%F4P^6W[\PGS2R_=4,9<,'[UIU^92?)>$(JUE:]IZ:WT5^_4
MI/%)KW:*5E>TI)KO;0Y?PM<>+G\-02VQT'5IOM]^L-W=ZAJL2SVHOKX2^<7L
M&F6:VNE^QPH%,3VT0D#KE4KLQD,%#&27-B*,%3I+E5.G=3=.#M934>5KWKWO
M=V:.3"/%?5HKV=&7[RM:\Y+3VL_[K=[Z65MDSJ7D\6B:\6*Q\/\ V=;?.GL]
M_J"RR76(ODNT6Q*Q09\[YXGD?Y8_D^9MO(HX*T?WE=2YDVE3@K1UU7OZM::6
M2WN=-\4KI4Z*BHNWOR5I:67PK3?7<2.3Q=YFGB2R\/K$P/\ :9CU#4"\)\Z0
M+]A4V*K./L_E,WGF$^<TB#**K,.G@;U;3Q"T_=?NX:NR^/W_ '=;_#?2P1EB
MDH+DHZ/W[3DK)W^'3?U(3+XV%M(1I_AG[8+@"%/[3U,6[6I20L\C_P!G>8EP
M)/*546-HRAD8N"%4OV> YX^_B.51U?LH)J79+VEK>;U%S8M1DE"AS7]WWYVM
M?J[73]"P\GBP378CL] ^SK;YL&>_U!9GNML.$ND6R*10;S/F2)Y7VK$=F6<+
M"IX/EIISKJ2?OI4X6BKOX7SIMM6T=M;E*6*3?N4;6T]^2_"UE\AL<GB[?8"6
MR\/)&Q/]J&/4-0+PCSF ^PJ;%5F/V?:_[\P_OB4^X Q<J>!Y9J,\1=/]VG3@
MDTU>\FIWB[](IJPE+%Z>Y17_ &_+3TT^9#YOC86TA&G^&1>"X40I_:>IBW:U
MV/O:23^SO,2X$FP*BQM&4+$N& !KV> NDIXA+EU_=4TU+31+VFV^N^V@<V+_
M )**_P"WY?Y&+XMG\2PZ+KK32:/I-E'IZM:ZG;7FIO?07?F6F/,@ALLK TAG
MC,D$CR^68V,?S2*O1@X858C#*"KU'[9<]+V=-)PL[\KY]9-='9>9SXJ598>K
M[7V%."2:?/--2<DD]([7=N^IO12>+<Z>'LO#X1L_VF4U#4"T*^<0OV &Q G)
MM]KMYYA'G$J"4PYYG#!1E52JXGXFZ:=.$7:VTDI^[[W:^CV-XRQ?+34:="R@
MDY*<N6_]WW4[6UU1'YGC;[/,18>&1="X40)_:6IBW-H4DWO*_P#9_F)<!Q"%
M1$:,JTA+@JH:E'!<R_>XE1Y7=^SA=2TLDO:6MO=WOY:CYL8E\%#R7-*WY$[O
MXM$URL5EH'V=;4FS9[_4%F:\\N(A+A%L2D=MYOG R1N\NP1MY99F4*,,&H13
MJXE2YUS6IPLH7=VGSIWM;2UM]0<L8K\L*&BTO*2]Y^BVO\Q(W\7AM/\ ,L?#
MRJS-_:GEZAJ!:%?/8+]@#6($S&VVNPG\@"?<@RF'I<N#_>VJXC_IU^[AKI]K
MW_=U[7[^0^;&?N_<H*WQVE+2_P#+I^9"9/&HMYRNG^&A<BX06R'4]2$#6I$N
M]YG&G[TG#>2%1$9"&D)D!50U<F!4_P"+B5'D_P"?4+J>GV?:6MOK>_D3S8WE
M^"@I*6W-)+E;]-[;EAG\6">X"66@?9A:9M&:_P!0$S7OE1GR[A!8[([7SS*O
MF1N\OE"-O+W,RJHQP:C&]7$*=_>2IPY5&[V?M+WM;2RUZEN6*O[L*-NEY23^
M>G<9')XOW6 DL?#RJSM_:GEZCJ),,?GX4V(:P43.;?YB)S !-\NXI\U'+A+2
MM4KW2]Q>S@DW;[7O^[KII?37R%S8Q6]R@O\ MZ2MZ>Z<UJUQXPCU#P^K?V!:
M7C:M>K8V$=_JQM-5@71]0>6*^F73QY#VRJMY$&CDB>2':&$FS=T4HX+V=?6O
M*/)"\O9TXRIMS5N5<^O-K%^6OISU98M5**Y*,7S2Y5S22>BO?30Z8R>+1-.$
MLO#_ -G6SW6K&_OQ,]_Y,1$<R"QV):?:#,OFQNTODK&_E;V95Y5#!J"M4Q,9
M>T5X\D%#V=W=I\_Q6M:-DGKKWZ>;%IVY:*BHO[4D^9[*UMM[O<1'\7_Z!OL?
M#PW.PU39J&H_N8_. 4V.;!?.<V^683^0!-A Q3+U3A@TZG+5Q*]W]VO9P7O6
M^TO:>ZK]5=]25+&)0]R@FI>][TMGVTW]=R,R>-1!<[;#PT+E;A!:*=2U(0-:
M$3&1[AAI^^.X!%N$2-)(V#3%G&U SY<$IP_>XE047S6IP34M+**Y[-;W;:>V
MCZ)2QJC+W*'-?W?>FE9]]-'Z$S/XM$\P2RT#[.+/= S7^H+,;_R4(CE06)1+
M3[1O4RH[2^2%?RMY*B>3!\L/WN(4N;WDJ<$E&[U3Y[MVLVFEK?4?-C.D*"M_
M>EU\K#$?QA_H&^Q\/#=(XU+9J&HGRHO/ C-CFQ'G.;?+NL_DJ)L(&*'=3<<'
MS5.6KB5'E7L_W<$[VUYDIVCKU5^X^;&*UH4%_P!O2T]-!ID\:"&YVV'AKSUN
M$%FIU+4EB>US+YCW#C3R\4Z@0;(XDD1BTN74*FX4<&N5>UQ*5O>_=PTEILO:
M:K?73IIKHN;&+:%#3IS2Z_(S]?F\3QZ5KS2KHVGV$?A[4)%U&"]U%KVSNQIK
M,\ZP)9 >5;3^<\;Q2&X:..)A&)&*+KAH8/V^'BY5Y/ZQ"\.2"3@ZB25^?>4;
M735KMZZ7,<0\5["O>-%)49VM*5[M>FQ/ITOBYK'16^S:!*KPP_VA,;_4?,^S
MGR?+N+4/8AI9YK<O-(EP8@LY5-S*6<35A@XSQ$5/$4VI35.*A"R:;NF^?1)Z
M)J^AI3>*4*=HTK<D?M27V5JM.I9,GC3R;K;8>&Q.LZ"R4ZCJ0BDMB9/,:Y8:
M?OBG $.Q(ED1BT@9QM7=,88%>S3JXF*L^>U.'NNVG+^\5TVW>]NEAN6,2]V%
M"ZM9.4DK7UOIV_$EW^+1,ZBRT 6RV1:)OM^H>=_:/V=2(G3[#L6S^U;T\U6:
M;R-K^3YA*"5'"**7M,0I>T5_<@DJ?-JT^>_-R[1T5]+]1N6+YG:%#E47;WI)
M\[6G3:_7<8DGC +8[K'PZKM*XU$+J.HE8H/-01M9$V ,LIA+LZS"%1*%5696
M+!\F"7M.6KB?^G7[N"UL_B7/[NO:X*6,7L_<H?WTI2T_PZ?F-:3QF(KO98>&
M_.6>,6*G4M2$4EL6F\QKIAI^Z*<*+<HD2R(Q:4,XV(7?)@E./[W$\G)[S]G!
M-3LM%'VEK7YM='MI=AS8S7W*&^EI26EWOIH[$I?Q9Y[!;+0/LWV/<C'4-0$W
M]H?9P?*9!8[!:?:LIYH<S>1\_E>8=E)1PBBOWF(NI;>SA;E<MT^??EUM;?2_
M4;EBT](4;+;WI)ZKTTU_ C63QCMLMUAX<5VFD&HA=1U$K%;B5/+:S)L%,TI@
M,C.LPA02A%#,I9@^7!IR_>XBR2Y/W4$VVM4USVBKZ*U[J[\@YL8K6A07_;TE
M;T]T1I/&2QW>RP\-^:MQ&+!6U'4@DEL6D\QKIOL!,4X3RBB1+*C,SAG4*I9<
MN"O']YB+6?-^[@G%NVB7/9IN]V[=+;@I8NS]RBG]GWI6^=DK?(Y[PE<>+'L9
M_GT/4K<7WB(+>/>ZM'.NH)JE\!I_EW%CG[#870;3UG5R7M8$FAB(95KJQD,"
MJNCQ%*7)A[1Y*;7)[.'-*\9Z.<??Y>CDXMW5SDP4L6J35J-E5Q";YI?%SRM9
M6VO=-]MCH4?QD$LMUAX<61IV&HA=1U$I%;>9%L>S)L 99C$9F=)A"@<1*'*L
MS+RN.#O4Y:N)7N?N_P!W!>_;:5I^ZK]5=^7?JY\:HQ2A0OS>][\K*/E[NXYI
M/&0CO-MCX<\U9T&G@ZCJ0CDMS))YC79%@6AF$7DE$A$J%S("P55+"A@N:%ZN
M)45'WTJ<-&TM$O:)-7OJ[ I8Q)KDH;Z>]):>>FC]!^_Q;YVW[%H M_L6[=_:
M&H>=_:/V8L(MGV'9]C^UXC,N[SOL^9/*\S$=2X83EBE5Q"DIZKV<$N12W34[
MMN.MGUZ]0YL8M.2@M/YI*WX;$:R>,O+L\V'AP2F=Q?*-1U+RX[??'Y;VA^P;
MI)C&92Z2K$@<(%<AF86XX*\K5<2DE[O[N"U:=[I5+)7MMYZ#YL8OL4%;^]+2
M_P @:3QDJ7NRP\.>8LT8TX-J.HJDEN9)1*UX18$PS"+R2B0B9#(TH9PJJS+E
MP=X_O,0E9\WN0O%V5N5<^J;O=NVEM-1<V,Z0H:;>]+KN]B3?XM$R@66@?9_L
M>YF^WZ@)AJ'V<GRU3[#L^Q_:L)YI?SO()D\KS/D)RX-+2IB+\VBY()<O-O\
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M5/V')15HV2G&5E.]FYW;;N1>*/!M@/A=^T^OPZ^%?QA\-?!CQ)\'_"^A> _
MT'@GXIZ/=ZY^T&MCXN2XU_PI\.XX(_%.BZ BS^&[+Q)J6H:1IWA;5M9M8;^\
M2\6REOYM,3%JC64&I3ECXU<%!.WL\+&G'VT9I?8J6DX*HY)/91DU?/"WAB,)
M[1>Y3PB6,Z*5:55.%G=7:BWS."5HR5]#6UZ+XIZM\;_A)XZL?!/C+Q!I.F>$
MO@ /ASH7BOX/^+;S2+&TT_5M4L_C?J%[KM_+I)^#WC3PQI\ UR";5]-&L^+U
MBT'2[&+5+.1+-ZO&CB\;7L^6K5E/=?N\&\*W'V:LTY.K*2E1C9\[7,KMM9\D
M983!TK\KIT9PFHMQY\92K)PYDN5Q@U%)5=5R<[3LM?0_V:[;XY>'_C])\0O'
M?PR\1>'?"_[3>D^,=4UB]EUK5-<GTC7]"UFY\1?"_P#X2WPPVAVB?"]K#X9W
M<G@DV5[J%^;_ %C3K6&XN;>]\JT>Z<(TJ57#2DO:QI4\3>$HN%2JVJ>)5.5[
MP=5UE5Y%:*]E)1NT[57DYU*5:G;D@Y85-KE:HN,I4IR@M)24Z:A*=KVJ*[U3
M/I'X(,GC_P"+WQW^-;,MQID&MVGP)^'UQP4'AKX737;^,;ZTD7Y'@UCXEZKX
M@M9)(V831^&K(EOW:JN-.\,)S)\KQ-25>-M(QP\$Z.$?O.ZE*/M*DT[:U+V"
MHO\ :(13?)0HQIQT2_?U6JN)3BM^3EHPC-]I)>7YT^'OAE\9O"OA+X.^&E\'
M?$C4/#_BB?XZ_$Z[WZ;K\U[X&\87?PD^-/A'Q!X9UM3&UUI>G>+[W4_!GB+P
M?;7R1)<ZY?ZQ;Z<DDKVRFVDJ&.H2?,Z>3<N%Y?=E.M6KT*LZ?^*@TXQ^TXSE
MV=NFOR?6I2HN,(U,SPT^2]X*%":O._15(>TE45^7W8JVR/HW]DOP[\=_!^A7
M^G:CX0L)/BY<6GPCN-=\7?$T^,]#\,:I\$U\$VMMX6\,^"7TW1]631_%OP]N
M8=3T/Q3X.U+R+A_$<M_XGU2^E37K00Z56O9R=#V?M%*7MXZQYL2Z<.2HNLJ,
MXI13C90<9_#=)\5/E4_>=2,)1_=0;4O9T55GSPWM3JIR4K._-&4%]AM<%XC^
M)O[8'_"MC=Z5J?Q8TWQM=_$I=.^+!U3X,SII7PHT=7\:"PL_A4/#?PZ\5:UX
MV\-7[V?A&'4M>TS1OB1+;V]S!>/J.F_VM?IIG/[M\-&G[3DY:DI5JBM4GB.6
MC:A4@K1A2Y_;<J2CI&,7+H;I27MO:1IQE%1Y:=.5X0I.4E&K";?O573LY7;2
MO-J"Y4RWI7A#XMZS\6O OBSQKX5UW4->N_BO^R1X@\6>(;/P9K.BZ3<76C?!
M+XMZ?XFUP65W9QR:/::9J>I6%IJ\-R(!H>H:E;Z?=QV<LT5O712485\4ERJ/
MM<;RQ3M&$I8/ 1_=N[YJ<YJ48ZMMQE[TF*&E.;O9?4\)%7TE-K,*\WSKO&$H
MRZ:/F:1^M2\>WZ?7\*S?2VFOI;_(2V[>78=0 4 % !0!R.K"V'BWPGO@N6N1
M:^(OLTT;H+:%3;V7GK<H8F=FE78("DL(5E;<),@+V4>?ZGC.7D4+X?F3TE?G
M?*HNZLKZRT>G8Y*BA];PU^;FY:W*E?EUCK>R^XZQ>/\ /K7%:UGL[+3L=?:V
MUE8=3 * "@ H * &GC..../:EL_[OXJ_;R[@T[>[H^G0_.O]H;P_KD7[3?PK
M\;>%O"'BCXD^(;*/P7H<'@S7/ _C*;P-HNF2>*[V\U?XA>"?BUH=U;>&/AWX
MNT&TF>3Q?I_BH7,/BS0;33](CLY?,BWK#I0K55"R4TWSR=O8\M"KR\B;M.G4
MG:G*G92YY<T9=G6Y94:2G>/))^Y"_P"]<ZE*_.HV:E3BI3A-OE4>925CP6^U
M?]ISXC^%M;T+QII?Q3\202P_#36?B#X>\1_"VW\,Z5X$^*6E_M!>")H_#WPH
MOM-T.PO?&/A&V\'6^KZIJ.JK?>+[.VT[3K+6Y_$5M/=W%A 1Y%5P-1*4X4<5
MA*L:D_<KQJ2PV)CC%*G'ECRPJ3@H+E7+>RE)79ABU+V.*IQ7+.5'&4G2I^]3
M=)3A]3G"3NU5J03E-7:;O>*:1SOQ;A_:!OOAEXJ^':>&_BEI/A;Q):_M#7>E
M:#X#^$<&MP^.O&$WQ]\1#3]'\=O_ ,(]=W?AGP_/\.S;>(M$UBVET%_$3WEQ
MJ\>LZG=P6^FW^4$YT,.I?O)PI8"<HO\ =Q;6*J/$2=DE[6E&%*2@K)-_"U)L
M[Z[A3Q%64)*,6ZD4UKRVP%!4XI-MM5:CK)RUY7%)-:'V%^U/\#_#'Q)UK]FC
M5-2^&L/BZ]M_BYX+\.>+[T:1>WTEI\-SX?\ %M[JFGZZ]KQ;>%UUF6SFO#?!
M;1;]K42.KR*K=4?^1G/51H2P>93E?15*W+36&\O:1ES2AY-V/.I\T,OP\4G&
MI'ZC[NWLXN4%736^L(V?EOL>0^(/B?\ M.Z1J?C3P;X8T'XFVD_@R;]J^33+
MB#X7M+X6?0-+\'1:A^SAI^@:Z=!ETS7Y4N$*Z1::;<7EY?3QMINOM-=F&VEQ
MI2<\).=5-8GV-12FGRJ-?Z[9M1O[W^S-M65K^\G<ZW"%*5:*=X?6<&\*T]%A
MWA(^WC)_9?UE2O=76WF:6D:O^U_X?\9P//XS^('CC2=*^)/PMT.'1=>^&WA7
M2=%\1Z#\1OA--XE\9W>L:MH?A73KRSTKP9X[^RZ+I^H:=>64'AK]]IWB&YU:
MYE\R'2I:G[94VI.G]?A23TC.-'#1JX>:LU+VM2JW27O<LTEI%MWRM^XPLFW!
MU8X.M5Y7K2D\5*EB*23NN7V253WH\T&[J7+9+BO#WC_]L36]&>TM-;^,=O=:
MLWP*LO&6M^*/@SHGA_4/AQ\2/$_Q*@TGXL^&_AYITWA6"S\3> /#_@R6:^.O
M7L7BC2]*2"SU$>+KS[5=0P-<G[GE;5%XF$5)KEK>PG1?,ZD=DX3LU/DCRSE*
M'+)1N](^Y[:7+!588/%U%3;YJ?M86^KP@TTW.I[R6LE*T9Z/W3ZB^#WB+XR+
M^T3\5?!7C#4?B!XI^'VCZ':-X7U_6?!EKX6\+:9/8'1=/@L)-0?PCHI\4>*=
M>SJ_B"?7_"OB37O#-Y93-#<Z'X1O;*&QFBC+FIUI2BHRCB:L8QNE^[4I<O+&
MUXQ2M\3DWI*^MC.JN2=*--OE]A3YKW<O:67-S2ORMR>RBE;6+NTVOLX?Y[4)
MZ=OPL5MIV_46F 4 % !0 4 )T]OZ4:Z6V_(6VG;Y;G(^!1;+X:LA9P7-M;BY
MU?9#=NCW"L=9U R%V2*!2KR[Y(\1+B)T!+L"[=6.4HXJ?,XWY*5W%<J_A0M9
M7;6C775WVV.;!66&CRWLIUM]+7JS/S?_ &X/^2J>'?;P)9?AG7==K]2\/O\
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M=3>R[?,TI6]E3M=>Y'3:UXQ-"LRPH * "@ H * $/;Z_3%+7I;\@_"VUO/\
MS.1\%"V72)Q:07-M%_;WB<E+MU>7SCX@U$W$BE(H5\F:<R2VZ[-R0/&K22L#
M(W9C>95DFXW]C0^%<JM[&%K*[UMN[ZN[LKV.3!V]BVKJU:M9/2UZDK]$=?7(
M=84 % !0 4 % '+>./\ D3O$W_8$U'_TFDKKP'^^87_K_2_]+1SXO_=:_P#U
MZG^3.@L_^/2U_P"O:#_T4M85?XM3_KY/_P!*9K2_A4_\$/\ TE'+>+_];X1_
M['+2_P#TCU.NW ?P\Q_[%U3_ -2,,<V*^/!_]AD?_3-<[#N*\U;+T_R.S;RM
M+TM=,=3 * "@ H * "@ H .GX?AUH\OP Y;PE(\EA?LVH'4BNOZ\@F*S*853
M4[A5LL3JC_Z&!]FRH,)\O,3-'M8]6,2A.E:GR?[/0T5NM-/FT_FW[ZZZG-A5
M[D_>_P"7];RM[[T\CJ>GM^E<NWE^!TA0 4 % !0 4 % !0 4 % ',ZA(Z^)_
M#\:WY@1[#7&;3@LQ%Z8QI^V8E%, -GN) F97;S_W0;#XZJ:7U3%/V7-:5"T]
M%R>]*Z[^_P"78YIW6(H6J<JY*ON;7T6ORW.D7@>F/PQFN1:6>RLM-K?UL="V
M731:CJ8PH .GM^E&WE^ &;I>D:5H=DFFZ+IFGZ/IT4ES-%8:796VGV4<U[=3
M7UY+':VD<,"27=Y<7%Y<NL8:XNIYKB4O+*[M%ER*GV]STMY#V^7RW-*J6VG^
M0MO*WX7"F 4 '3VQ^&,T;>5OE:X!0 4 % !0 4 <OJ<CKXG\,Q+J!MDDMM>+
M:>!-C4"D%F5<E%,"_8LF0>>RL?-Q$&._'522^JXI^SNTZ'OZ>Y[[T_[>VT.6
MI=8K#I3Y5RU?<_F]W?Y;G3+^5<O9[*RT.KM_A6NPZ@ H * "@ H * "@ H *
M "@ H .GMC\,9H#;RM\K7"@ H * "@ H * "@ H 2EM;3_@!MY6_4Y;P:[R>
M'K-GU ZHQN-4!OBLRF4+JU\JIB=4E'V8 6OS* ?)S&6C*,=\P45BJB]G*FO9
MTERQM9?NX/[.EW\7S=];G-@KK#Q]Z_[RMKM_R]G_ ,,>1_%?]G'PC\7?$-EX
MDU_6?$>FW=AI$6C10:/-IL5LUM%=W=XLDBWFG7DAF\R\D4E9%38J80-DGW,F
MXFQ^1T*M#"T\.Z=2K[5^VC*7O.$8W7+.#6BV/-S/(<)FE6%:M*=.=./(G3Y;
MV>Z]Y-:]=#S#_AASX:_]#1XZ_P# O0O_ )1U['_$0<V_Y\9?_P""JO\ \N/-
M_P!3<O\ ^?\ B/\ RG_\K#_AASX:_P#0T>.O_ O0O_E'1_Q$'-O^?&7_ /@J
MK_\ +@_U-R__ )_XC_RG_P#*P_X8<^&O_0T>.O\ P+T+_P"4='_$0<V_Y\9?
M_P""JO\ \N#_ %-R_P#Y_P"(_P#*?_RL/^&'/AK_ -#1XZ_\"]"_^4='_$0<
MV_Y\9?\ ^"JO_P N#_4W+_\ G_B/_*?_ ,K#_AASX:_]#1XZ_P# O0O_ )1T
M?\1!S;_GQE__ (*J_P#RX/\ 4W+_ /G_ (C_ ,I__*S'U_\ 8N^&ND:/?:@/
M%WC&V-I")!-=RZ5/;19EC3,L-IH?VAU._&(OFSACP#6M#CS-:M:E!X7 RCS\
MW+3A5A-OE>B?MM/N,,1PAEU*C4:Q6)IOE24N:$8Q]Y;J--;W/H;X2_ SP3\'
MX+\^'4O+[4]2(%WKNLM;7&J&T4AHM/@>VMK6&VL48>:T,,2F>4B6X>5DCV?,
MYQGV.SBI!XIQA"G?DH4N>-*,KZSY93E[UG:[Z;)79[^5Y1A,JC+ZNG*<XQ4J
MTN7GE&U[:):7U^[L>S 8&.E>-MMI^!ZHM !0 4 % !0!S.LNZ:UX31;_ .R+
M)J&HJ]IMF/\ :071KYQ!F-3$OD,!=YN&1#Y.$)E* ]%)?N<1[E[1AK_)>:U_
M[>V^9S5KJKA[3]G[T]-N;W5I\CI1QCM^E<RZ-:+L=.WRZ^HM, H * "@ H P
M_$K-'X>UV1+HV#1Z-J;+? 2$V3"SF8706$-*3;D>;B)3(=OR L16^%2^LT%R
M\W[VGIHE+WX^[KHK^>G<PQ-UAZ[3Y;4I^5M'J7=,)_L^P/F^<38VI,^&'G%H
M(R9<, _[PY?Y@&Y^89S455RU:J4>1>UJ:;6]YZ::?\,:4_X=/7[$?_24[_/<
MOUF6% !0 4 % !0 A[=N?IBD^UO^!L'H^6WZG+>$)'DTN9GU ZD1K?B)1<E9
MEV*FN7Z+: 3JCXL5 LP0/+80@PLT14GKQBY*T5R>S_<T--%;]S!WTT][?YZZ
MG+A+^R;YMJU;_P!.2_(ZJN4Z@H * "@ H * .6\<?\B=XF_[ FH_^DTE=>!_
MWS"_]?Z?_I2.?%_[K7_Z]3_)G06?_'I:_P#7M!_Z*6L*O\6I_P!?)_\ I3-:
M7\*G_@A_Z2CC/'MK]MA\,6OVJ\LO.\7:8GVFPF%M=P[K/4_FAF*2!&]]AKOR
MV?LUF#48R_X3ZJY9*\=:V'Z''CH*7U-<TH6QE-IQ?*_X=9;]+W-/_A&F\]YO
M^$@\3+OL38^1_:B^0F;9;;[8D?V;*WWR_:!<;B/M3-+Y9!V5Q*O[L5[&BO>W
M]G9[O1N_P]+:::7.AT-=*M9:;>T:2\[6W\^_08GA5D6Q7_A(_%3?89GFW-JZ
ME[SS)4E\J^/V0>?"NSRXT 3;$[KGYLA^WWM1H+2VE.UO371@J%FG[6LO+VC_
M !TV^X:WA5S%>Q#Q+XK3[7/'.)%U=%EM-CS/Y-F_V0B"W?SMLD95]R10#<-A
MW'M[<G[FC[O3V:2=[:R5_>\MMWW%[#XU[6M&]^6U1^[?^73W?Q)CX:;[09_^
M$@\3#_0?L7D#5$%OG[,+8W@C^R\7W_+QY^['VG][Y>/E"=:T;*C17O-Z4TFK
MN]KW^'R[:7&J-I?Q:R2BHV]H[776UE[SWO??H1)X69$L8_\ A)/%3?89Y)MS
MZNADO/-ECE\F^/V0"X@C\ORXXP(]L4DB[CNW!^W^/]Q1C>VGLTE&RM[JO[M^
MO=ZDK#\O*O;5]+_\O7U?735?=8&\*LR7D?\ PDOBM/MDR3;TU=!):;)))/)L
MF^R8@@?S-DD9#[HXXER-I+"KVLO8T%RQ_P"?=OG+7?S_ ,ROJ^NE6NE_U\:M
MY+31$H\-,)_/'B#Q,,60LO(_M1?L_%M]F^V>7]E_X_CC[0;C=C[43+Y>/EJ5
M7T_@TMV_X:3WOWVZ6[:!]7M_R]K*W_3QVU?:V_GWU\B)/"K(EE'_ ,))XK/V
M*X>?<^KH7NMTD4GD7K?9!YUNOE;$C41D)+,I8[P0_;[_ +BBNG\-*W2ZUT?7
M[@^K_P#3VMY?O'^.@-X5;9>I_P ))XJ07DR3[EU9 ]GLDDD\FQ/V3]Q"_F;'
M0B0M&D:;AMR18BUOW%'W>]/3UE[VO_!%]7Z*M67I4:^[30Y[POX8N%AO)IM5
MURR8:AKUHMI::G"+26*2ZN8(M6E2.*4'5[E&%_<7)D4G4&:>2WC8F$=>-KI3
MIQ]G!_N*$KN#YE[B?+?3]VMDK?#I=[G+A,.^1VJ3CRUZUTIV6KW:[WUOWU.@
M7PJ5BLXO^$E\5_Z'.\_F'5T\VZ\QXG\B\;[(/.MT\O;'&%0JDDJ[CN!'*J]G
M*U"A:VG[M)+3>*O[K\SK=!)+][6_\&-;]]-5J.?PLQ6^3_A)/%4?VZ>.<,FK
M*KV7ERR2^38$6G^CP/YGER1D/NBCB4,"N2E7LX?N**45;^&K._62O[S\]!?5
M_=E%5JZ;=U^\::7:.GNKRU)/^$9<3I/_ ,)!XF^2Q^PB'^U$$#?Z.UO]L>/[
M+S?9;S_/W8^TJLOEX&PGM[6C[&C\;E?V:3UZ/7X?[O9[C^KV;_>UOA44O:-*
M_5V_F??\")?"C)#9P_\ "2^*S]CGDG\PZNGG77F-"WDWC_9!YUNGDXBC"IM6
M68;CYGROV]I2?L:.MM/9JT=_A7-[K>[[@J%HJ/M:WNWU]H[N_=VU785_"S$7
MR_\ "1^*D^W3)+E-656LMDK2^58?Z+_H\+;_ "W0^86B5$R,9(JZ5OW-%6V7
ML[?-Z[B^KVM^]K*W_3QK?MII^)(/#3)/'/\ \)!XE_=60LO).J*+=\6[6_VR
M2/[-\U\=WV@SA@#= 2^6!\E'MM&E1HK6_P##LUK>R=]%V7;2X_86_P"7M96_
MZ>.ROY6W\^^MB%?";+%:1?\ "2^+#]DN'N/-.L+YMSYAB/D7;?9,2VZ>5A(P
MJE1+-\QWC!]8L]*%!+EM94DDM+72OH];W[V=@5"SO[:LK=/:-;=]-O+3\1[^
M&'8:B/\ A(O%"?;Y4E!35D3[!MF:8QZ?_HO^C1-N\ID/F[H%5,@C)7MN7V:5
M&C[F_P"[6O\ BU][\-0]AK/][6CS?"E4:Y?\.GN_*XY?#+)/#-_PD/B8^18_
M8O(;5%\B3-O);_;)H_LHWWP\SSQ/N %RD<GEX4J1U_=:]C17O7TA9[WLG?2/
M2W;2XE0M*_MJUE%*WM':ZZVMOUOWZ$0\)NL%M!_PDOBS_1KB2X\XZPGVBX\S
MROW%U)]C_>VZ>7^[CVJ5\R7YCOX?UCXOW%!7222II<NFKBN;W6^KUN"P]O\
ME]76K?\ %>EVW;;;LNA@:AX6N&\1V.S6-?:"]M=8DEO#JL*W>CN)K*:.WT7,
M(DM;>\^:&[58K@-!#!&SQ;0TG33Q,5A*R=.$'&=%\L86C-)RO[9+X^7>'PV;
M;UOISSPTOK%)JI.T:=1<SG[\6U]A_93ZG2+X:99X)AX@\38M[/['Y)U1?(E/
MDR0_:YX_LH,EY\_G><&4&=(Y/+^7;7-[>U_W-"/ON2_=K1;V6ND?+MU.CV&Z
M5:LFN7_EXTMOU_/4A'A-E@MH/^$F\6_Z-<27'G'6$%Q<>;Y/[BYD^Q@26T?D
MYCB"IM,L_P S>9\I[:UW[&BME;V=DM]4N;1]^^@_8=JM9?\ <1K]-B1_"[,;
M\_\ "1^*(_M[J^(]6518[9_/V:>/LI^S1M_J64^9F#]WG/S%*O9K]Q15MKTU
M_P"3:Z]_47U>W_+VLO\ N(U]VFGXCE\-,D]O/_PD'B8_9[,6?D-JJF"?$+P_
M:[B/[,#)>MYGG-,&0&=(WV?+@BKM1FO8T=[K]VKK7[.ONKRUT&Z"3BO:UEY*
MHU\VK;^?S(1X39;>WMQXF\6_Z/<O<^>=83[1/O6)?L]Q)]CQ);)Y6Y(@J[6E
MF.[YAAK$>\_W%!*UE^[22]%S:/S$\/[L4JU=-.]U5=_1NVJ^1*_AAF.HD>(O
M$\?]H.'Q'JJJNGXG,^S31]E/V9#GR2I\S_1\1YS\U)5[."]A1M!6UIKWO.6O
MO/ST!X?25JU?WG=+VC7+IM&R]U>2%3PRR3V\W_"0^)C]FM/LGDOJBF"?]U-%
M]JN8Q:CS+S]]YHF#*/.BADV?)M8=:R25&BO?<M()-+>U[_#_ '?57#V&O\6L
MN6*5O:-+U:MOYZ>A"/";+;06P\3>+?W%P]SYYUA/M,V]47[//(+/#VR;-R1A
M%*L\AW?-@/V]I-^QH:VT]G91M_*KZ-]>X_862_>UM/\ IX[_ #T)7\+LQU _
M\)%XG3^T&5MJ:JJK8;9Q<;=-'V7_ $56_P!2P/FYM\Q<$[Z/;I6_<T5;9>SM
MTM[VNO?IKJ+ZOM^]K+_N(]/333\=!R>&6CFM9O\ A(/$Q^RVOV7R6U53!<?N
MY(_M-TGV4>;=_O=YE!4>9'$VWY<$=;1I4:*UOI3LUKLM=%Y==2HT.5W]K6TZ
M.H[:]U;Y]"N/";K:P6H\3>+?W-RUS]H.L)]JEW)$GV>>4V>'ME\K>D6Q2'EF
M;>=X"GM[23]A0MRVM[-**WUY>;XM=_0E8?W6O;5T^9-/VKNE>]KV6GE;YDTG
MAEG?47_X2'Q/$+\@A(]514L,3+-_Q+E^RG[,#M\D@F3,#.G4[J7M[*"5&C[O
M_3M*]_YM?>_ ?L%>?[VM%2V2J-)?X5;W?Q%C\--%-:3?\)!XF;[):"U\E]54
MPW6$E3[3>)]E'G79\W>9@R#?'$VSY,,>WT:5&BKR;5J:35^D==(]D)8?E:7M
MJ^B7_+Q].K5MWWT]" >$F%O';?\ "3^+AY5PUQY_]LI]I?=&B>1++]DP]L-F
M](M@(D>1MQW85_6-_P!S06B5E3LEINE?1]WU!8>VU6NE_P!?&OQMMV_X)A:I
MX7N'\3Z9*FJZZ8+Z#6S-<'5(EFT1F%G+$FAAHE>U6Y*M!<!8[H&V41N8\ACT
MT<3&.#Q$?9PBU+#RLH64U&4KJK9^]:]X[>]KK<YYX:2Q.&E&I.T8UDVY^]'F
MBO@=O=OUM?0Z2/PTT<UG-_PD'B9OL=M]F\E]41H+HE9U^T7B?909KG]_N$@:
M,;H8#L^0AN5U_B7L:*]]M6II-+M'7W8^7;J="H64?WU9.RWJ2M]UM_,@'A)A
M:QVO_"3^+OW=RUQ]H_MA!=/NC2/R))19X:V7;O6+8")&=]QW8![>W_+BBM+6
M]FK+SM?<?U>VGM:R_P"XK3_+8F?PPS/J#_\ "0^)XQ?@#9'JJI'8;9DFSIJ_
M93]F)V>2Q8R?N'DCZMN J]FOW-)*+V]FK?\ ;ROJNO3747U>R_BUM/\ IXUO
MVTT_R%C\--'-92_\)!XF;[# (/*?55:"\P)OW]]&+4>?<?O>9 4!,<)V_(<B
MKNTU["BM;K]VDU_A=_=0W05TO:UEZ5&OO5O\B >$F6UCM/\ A)_%P\NY:Y^T
M_P!L(+MMT:1_9I)?L>&M1L\Q8M@(E>1]Y#;0U7M)OV%&*Y;6]FE%>:C?27GU
M)^K^XH^VKIJ5[^U:E:^S=MO*Q-+X9=Y-0D_X2'Q/%]O7;Y<6JHD5AB6.7.G)
M]D/V9CY?EDDR Q22)_$& J]G!>PH^XM_9K7_ !ZZ_@/ZO93M5K+F=TO:-<NF
MT?Y1T?AEHYK&7_A(/$S?88/L_E/JBF&\P9CYU\GV4&>X_?8,@,8Q%"-OR99*
MO;F7L:.K;O[-:7Z1UT7EZC]AHDJM5<JM_$:^;TU?GH5_^$186JVO_"4>+QMN
M3<_:?[93[6=T0C^SM+]CP;88\P1;,^86?=SBJ5>W_+F@O+V=DO1<VCU%]7M_
MR]KK_N(U^GX6)Y/#+-+J$O\ PD/B:/[>NWRXM45(;#,B2[M.3[*?LS?)Y8):
M3]T\B_Q9"]M;E2HT?=:WAJ_\3OKY[7&J%O\ E[6_\&-+Y*VG^0L7AEHIK&;_
M (2#Q,_V&(Q>3+JJM!>?-,?-OHQ:CSYOWN-X,?RQ0C'R<CK_ !1]C1CS+=4T
MK:KX-?=_'=]PC0Y6G[6M;LZCMMU5E^:*W_")/]D%I_PD_BX8NC<BZ_ME!=X,
M8C^SF7['@VW_ "T\K9D2DMOQQ1[>TDU0H64;6]FN77K:^_F)4/=:]M73YKK]
MXTTKWLG967E8L/X99I=0D_X2'Q-']OC$7E1ZJJ16&)(I/,TY/LI^S2_NO++D
MR9BEF3'S@JO;V4+4:/N/^2U_\>OO+RTU&J%G-^UK6>B7M':-_P"56]WUU"/P
MR\<MC+_PD/B9OL$0B\I]54Q7GSROYE^GV4?:)?WNW>#'E(XEQ\N2.O:,DJ-%
M>]?2FDUY1=](^5A+#V5O;5O_  8_QT5W]Q /"3"T%K_PD_BX8N?M/VG^V4%W
M_JO*^SF7['C[+_RU\K9GSB7+]J/;ZW5&BM$K*G9+SMS;]V/ZO;_E[67_ '$:
M?Y$\GAEGFOI?^$@\31?;8O*$4>J(D-G\T3>;8)]E/V>7]UMWEI!MEF&WY\@5
M:UOW-%6_Z=I??KY^707U>W_+ZMIT51K?LK:?B$?AEHI;"0>(?$S?8(O*\N35
M$:*]_>32>9J"?91]HD_?>66!BS'%"N/DW$]M:]J5+>^D+6T7PZZ+KZML?L.G
MM:R_[B-??I_D0'PBPM3:_P#"4>+QFY%Q]H&LH+I?W1C\A9?L>!;'/F&+9DR@
M/NXQ35>S_@4=K6]FK>MK[^8OJ]O^7U>R_P"GK3U^7X?B3R>&F>:^F_X2#Q-'
M]NA,7DQ:JJ0V66B;S=/3[*?L\H\O:'+2#;)*-OS#"C7Y8I>QHKEE?6FG+T;N
MM/*R]1N@KM*K66CLE4:MZ::-=]?0(_#+12Z=*/$/B9QIRE?+EU5&BOLRR2[M
M13[*/M+_ +SR\AH_W4<2?PY)[?2:]C1C?:U-)QO_ "N_N_\ #B="S@U5K+EW
M7M':7^)6U_ @_P"$2<6AM!XG\7#-R+G[5_;*"[7$9C^SK+]CXMCGS&CV9,H#
M;NU-8CWK^PH)<MDO9KE];7W\Q?5[1456KZ2;O[5IV;VO;;RL3OX99IKV7_A(
M?$T?VV#R/*35$6&SY@/G6"?9?]'N/W./,)D&)IQM_>?*E6MR+V-%<MW_  UK
M>_QZ^]OY=!^P^)^UK+795&DO16]W\>O<(_#+12Z=)_PD/B=O[.7;LDU56COL
MRO+NU%?LH^TM\_E@@Q_NE1.V2>WC&\?944VVU^[U5[:1L_=7EWN-4.5IJI56
MBWJ/YWTU?W'*>$O"-POA>WL[C6_$EA,VHZC=,++6(0T(_M"_C2&&:.":-;>>
M-UNYH@6)NF+L4(,8[<?B8O&5)1HT/X=%6]F[?P:>MFUKI:^FG1[G)@<.XX:*
M]K5C:I6TC4:M>K/;3;R[MNYU<GAEFFO)?^$A\31_;+<V_E1ZJJ0VF1$//LD^
MRDP7'[K/F$N,RRG;\_''[:UDJ5%<KO\ PTN^CUVUVTZ'6J'*G^]K;-?Q'H^Z
MTT?]6"/PR\4FG/\ \)#XF8:?D%)-51H[X&:2;.HK]E'VDCS/)!4Q8@2-.JEB
MO;V<[4:*YEI:FDH;?!K[O?KK?N)8?E4/WM;W)7:=1^]IM+1<R\M"N?"3_99;
M7_A)_%R^9<BX^T#64%U%B.1/L\4OV/Y+9O,WM'M),B1MO 7!?UBTDU0H62M;
MV:4?5J^_F'U?W7'VU>+O=-5&FO).VB\K%E_#3-/>3?\ "0>)8_M=O]G\B/55
M6"TRL*^?9I]E/D7/[K=YNY_FEF.WYQM2KVC!>QI+E=_X:3[VD[ZK[@6'LW^]
MK*W15&DK]E;W7_74;%X8:*33W_X2+Q._]GDGRY=54QWV9FFQJ*BU'VD#=Y0V
MF/\ <*L?8L25?25J-%:[1II6_P .NB_6[#ZO_P!/:W_@QKIUT_RT(?\ A$V%
MK+:CQ-XM'F7"7'VC^V$%U'M1T\B*7['A+9]^]XMA+.D;;AM.3V]K?N:*LMO9
MI+7NK[_UU#ZO_P!/:RMM^]:>OG8P_&'ABX?0O$#VVJZY=S7>FK:Q:==:G$-/
M1O,LU\Z*.2*)(;C$)E$SSX\Z24A3Y@4=>!Q*IXO#3]E3CR54VXPM*UFFG9O3
M7:VISXO#OZK7BJE6SALYZ)\R>BT_!G0Q>&&C.G-_PD7B=O[/YVOJJE+W=,9\
M:B!:C[2HW>2N#%^X C[;CRNNN:=J-):[*G9+_#K[O^9O&@^2'[VK\$?^7C6M
MM;V6OX$1\),+::V_X2?Q</-N4N?M UA!=0[8Y(_L\,OV3"6K^9O>+8Q:1(FW
M#;@I5[._L**LFK>S7+KUMS;]GT']7_Z>UO\ P:TU\[;=R=_#3-/=3#Q!XFC^
MTVAM?)3556"VS'%']JM8_LI\F[_=^8)B6 DDE;;\X %7:BE["C[LD_X:OOLW
M?6/EV!T$FTJU9:/15&K>BMH]=_P$C\,-&VG-_P )#XG;^SF8[9-55EO]T[7&
M-2'V4?:5&[R5QY6+<+'R1N)[?X_W-&/-M[B7+I]C7W?QUNQ_5_@_?5O<W7M&
MN;_%IK^!"?"3_9Y[<>)_%J^?<I<^>-807$&U95^SV\GV/]W;-YNYXMA+-'$0
MPV$,UB/>_@4$E'EM[-<OK:_Q>8OJ]HV5:O=2;O[5IV;O:]MO*Q8?PTS3W,__
M  D'B9/M-I]D\A-45;>W_<Q0_:;6/[+F*\_=^;YQ9AYTDK[?GVA*ORI1]C17
M*[W=/7=[N^VO;:Q3H:_Q:L=M%4:2]$EH_P!>@V/PNT3:>?\ A(_%#_V>Y?;)
MJJLM]F?S]FI*+5?M*#_4A5,7[C]WNS\U/VRL_P!S15^U.S5U;W=='UVWU)^K
MV_Y>UEY>T>GKIK^!S&K^$;C^T/#\,6M^(YHY-7O;F>_FU>'[?I:+HVI*BZ7*
MT"-%'<RRI!<1)#.SPXSL56>NFCB(QI8B]*E'W()15.T9?O(MN:3UY4KQU6K.
M>MAY>TPZC4J:2FVY3]Z/NKX&UI?J=0?#1,UQ./$/B9?/LOL?DKJBB"#,,4/V
MNWC^S?N[W]WYHG+,//DE?9AMHY?;Z)>QHKWE)/V=GIK9N_PN^JZZ:G5[%1;_
M 'M:\8N-E-I7?6W\W9_@-C\,.@T[_BHO%#'3W:0[]60_;MTXFV:@!:#[1&N/
M)4 1D0$QY)^:AU]9?N**4E96II<OG%7]U^9*H>[%>VK7B[_Q&KWZ2TU7EH1G
MPFWD7, \3>+%^T7*7/GC6$%Q;;!,/L]M)]DQ%;/YV9(MK;S%"=PV$,_;VE%^
MPHI)6M[-<OJXWU?GI8%A_=DO;5[MZ/VKNO\ "[>ZOO)G\,L9II_^$@\3)YMF
M;/R4U15@A_<)!]JAC^R_N[WY/.$VXCSW>39\VT+V]E%>QHZ._P##2?>TG?5>
M5EH"P_3VM9?]Q'I_P?/\!J>%VC_L\?\ "1>*6_L^1Y/GU93]M\R<3[-1_P!%
M'VF-?]2BCR]L!,>23NH]OJ_W-%>2II):6]U7T[^NH?5_^GM;_P &/\=!A\*-
MY-U#_P )+XM3[3<)<>:NL()K8)YO[BT?[(1#;OYOSQE7+"*'#C8<M5[?\N:*
MMT]G_P '^M0^KV_Y?5]/^GC6_P M/U,WQ%X9F.D^()8=9U^XEG\.:C8Q:?<:
MG&-.>7^S&MTD:)H8U2>=XQ)+.\R)YLLTAV*V%WPE=4\3A?W5)*.*I.ZI^]_$
M4FM'MO96[(QQ6'?U;$)5:O\ !GHYNRT>MOUN6=,\+R1V.A!]?\3(^GPP3/$-
M6C,=RS>3,UM>[;8BYMHBA@C1&4+;LR!VW;JSKXA.MB>6E2UJU+?N[-7D[<NO
MNO773>[+HX?EI4E[6JER0VFU]E:/35=ET6A9/A1O)NX!XE\6+]IN(Y_-76$$
M]KY9E/D6C_9/W-O)YN)(R'+".+Y@4YA8BRA^XH>[=6]DM;K[6NK[/35ENAJT
MJU=;;56K:IZ::+NM?4E/AE_/DF_X2#Q,H>Q-B(!JJB"/-NMO]LCC^R_)?C;]
MH^T;B/M+-+Y9!VA*M[J7L:*M+F^"ST=[-W^%]NV@/#^]=5JT4XM651I7?5*V
MCZW[]!B^%G1;!1XC\4G[!,\N6U9"U[OE67RK\_9!Y\*;?*1!Y>(F=,Y.X'M_
MC_<45S;+V:5O\-G[H>PMR6K5O<W_ 'CU_P 6GO7^0T^%6\J[B_X27Q6GVNXC
MN/-75T6:U\MIV\BS?[)B&W?S]LD95BRQ0#</+RS5>TK^PHI*-K>S2CMNU?XN
MM_7N'L+*_MJZU?\ R\:M=[+31>7H3'PRQG:;_A(?$R[K+[%Y(U51;K_HXM_M
MB1_9?EON//\ /W8^TDR^7_!0JUE;V-'1W_AJ^][7NM/+MH-T-=*M9>2J-)?*
MV_GWU(AX7:-+%/\ A)/%1^P323;FU9"]YYDR3>5?L+0?:(8_+\J- (]L+R(6
M8MN J[CS\N'P[O%))PY5%_W5?W7W>NO07U?1?OJT5??VC7K?3;RT&/X78QW<
M8\2>+%%W.D^]=719+/8\C>39M]DQ# _F[7C(?<D<0W#;ROK-E&7U;#IQ?(XQ
MA=/FWE+75K>^GXC>'Y5+]]6LN7EM4?5ZVTTO\[F%X4\-3K9SS3:KK=FYN_$-
MF+*SU2%;$HVI7L$6I^7''*/[6NH]NH7=P9-QU.:>9X(F9H$Z\96C[91A"G->
MRP\N>4+R3=.$I0N[>[!MP4;? DDWN<^%H*$)^_4C^]K+DC-QCK-Z\O\ -UOW
MZ'0)X59$L4_X23Q6?L,[W&YM70O=[Y(I/(OF^R#S[=/*\M(P$(CDF7<2^X<C
MKZSM0HI2C96II6\XJ_NOS-UA_=BO;5TXN_\ $:;\F[:KRT ^%F\N]C_X23Q4
MOVV=)]ZZN@DL_+DDD\FQ;[)^X@?S-DD9#[HXXUW#;EG[>SC^XHVBMO9Z?]O*
M^K\_\P5"R?[ZO_X,?X::>A(/#+"?SO\ A(?$W_'C]A\C^U%$ S;?9OMGE_9<
MB_\ ^7@7&['VK][Y>/DI.O9)*C2WOI32>][;[=+=M!_5[?\ +VM_X,:7Y;^?
M?6Q&OA5DCLHO^$D\5_Z%.\Y<ZNGF77F/&_DWC?9!YT">7LCC C*I)*-WS @]
MO:_[FBO2G9+TUT8OJ]O^7M;R_>/\=!6\+,4OHQXD\5)]MGCG#)JR*]F(Y)9/
M)L3]D_<02>;LDC(D+1QQ+N!3)/;V:?L:2Y;Z>SLG?NN;[O5C^KV_Y>UE_P!Q
M&K>FFGH2?\(RPF6;_A(?$R[;+[%Y/]J*(#_HYM_M;1_9?^/[YO/\_<!]I EV
M8&RCV]O^7-+>_P##7K;?;R[:"^KV_P"7M9>7M&K?\'S[ZV.6\7^&6M_!^K_\
M5%XHD^P:9JUQF;5E=KSS8-WV>_/V51/;1^7MCB CPDDJESOR.O 8A1QF'_<T
M5>K35O9VM:2UC9^[+SU]##%8?_9JUJM7^%/1U&UL]U;[MCTFT_X]+7_KWA]O
M^6:UPU?XM3_'/_TIG925J=-=H07W11ROB_\ UGA$?]3CI?\ Z2:E_G_.*[<!
MI#,>ELOJ?)NOAE^IRXM>]@DO^@R&G_<&N_T/.C^TE\'A\3?^%-CQ'K(^)/V@
M6_\ PCO_  @/Q#$8!F^S?;_[;_X17_A'1HOVG-M_PD']K?V']IS;_P!H><"E
M>=!>[:_*HJ\M4K7YI+7SY9>NMM3ME>GK;1RY8KOK%-+9_;BV^E]3V=;^S,7G
MK?6GD#S1YRW,!AS$"91YH?9F$*S2#/R $M@"AM1M9JS:<4G:\7IHV[-7:NU^
MH:WE'E<=GK]GRLDGKOJ<CX^^(WA?X:Z/8ZYXGO)K:QU'Q!X8\,VGV*VDO[F7
M4_%WB'3/"^C;;6WS-]E?5M7LH[J[ ,-G!(UQ,PC4FG!/VD*2TG4GR1CWDU*5
MM/A5HMWEIT8.WLYU-J=*$JDY;*$(M*4E_-JUHD]'=:'+ZC\>OA7IFK_%'PXW
MBRWN?$?P:\*GQI\0] LK+4+C4M#\/?V7)K*W48%JEKJ<S6*+(]IIES=W-K)<
M6D%[%;2W=LLN$JD:=.I7DWR4YTZ4EUC4G+DT6ETW>SZM25]+%<DN>E3Y;.I&
M4U?W4U'?7I:\=-]4]FF>E>']>TWQ-HFE:_I$_GZ=K&G6.IV;,OES+;:C:0WM
MNMQ 3YEM<?9[B)I;>7;)"S;'4$5O4C*E)QY=:<I*5N\;\R2];F4)QE&,HR2Y
MHJ4%I\,M8RMYK<VAT]/TQ27\W\R32VLFMBD^EK-.SZ7:W8[&/;'Z9IK3RM^%
MQAB@!.@^G]:+:6LO38-O*WRM?\CR<>,_!OP\\$^)_&'BK6;?PIX4T/7/$5SK
M&K:[<I'!;2/K<T!*&*(/,;V]EC@TRR@AGO;J:>WM($N;J5%?KS&?+5H>UJ1Y
MI8?#0IRIK3WJ<5"FHZMU4O=DDGJF[:,Y,%']W648RI\E?$.<7O&TGS2;V4>7
MWD[VLUJ>=:E^V'^SOHUMHUUJGCV\TZ'7+'6-4M$NO 7Q&AN[/3/#U[;:=K>J
M>(+!O"(OO"FF:9=7EJMWJ/B>VTBRBBN(;DS_ &:19CQ+W7*G=IP2G)MI>SC4
M=H)]-7??YG7;W;I6CS<D-&KRY>;337=-6Z?,[*;]H;X-6_B[2/ LGCW35\0:
M_IHU?0]MEJ[Z'J]F=";Q2HTWQ;'IS>$[V^?PVIUV+2;?6WU672=M_'9M;NLA
M?VJD>5IT.;GB_==H\O/9.S?(I7FH7:ZVL[#:483^S.48Q:V]]\L4[?#SR^%R
MMS/179M?#;XR?#CXN1ZZ_P /?$JZZ_A>_MM,\0V4^E:WH.J:-=WMHFH6 OM'
M\1:;I&JPV^IV$B7NEWQL_L.IVC?:;"XN(07#2]Q36D7=16UFK7OU3U5XNS5U
M=$WY:CI6M**4_)1E>UNC3Y79IO9ZGJ(_+'Z4DK)>7RM<J^K25K?+<7&/P_K3
M\O\ @!_78.GX?UHM;Y>;ZAMY6^5KB8Q[8_3-)))66P"XQ[8Z>V:>VVGX?\,%
MOEVZ6#&.G^<T6_K8-MOZN)C'X?AUH_3Y;AMY?H<EJ?V?_A+O#0:*X^TC3?$/
MV>5&1;:.,C3?/6=2A=I)/W?D%)$"[9-P?*@=E*ZP.,LZ:3GAURRTG)N4VN35
M:1WGIMM9G+-1^MT/>E&4:=31+W7%Z/F[-/6/=]SRO5?VH?@3H6I^--(U#XA6
M<=S\.K'6=0\9W-MHOB;4-&T-?#ENEWK]A+X@T[1;K0;K7='MI%EU'PU8:E=^
M(;5"WFZ8I1@.#F7)&2D^5RITXR2LISG/V:Y5]KFG[K<=%W.MQFO<44IVYDNT
M;<[<K6M:G[RO9VMWN0V/[57P'U#PSK7BNR\<R3:;X<O]/TS7+ >$O&\?BS2[
MS5K2XU#2X[KP)+X;3QND6HZ?:7>H6-V/#QM+JPM+N^@G>UM9Y4J=Z:C)ODBY
MR@I:64DN:4)6^!QCJT[-*S;U5U'63C#5\JDHZ)M.7*G%_:YI>[[M]3T&?XJ^
M!8_A=>?&6S\06FJ?#NT\'WOCM/$.FN);:\\-V.FS:K)=V@D,)>1[6%UCMY?)
ME^T?Z-*L<P91-;FHW4HM2BHI05KRG.WLXJVZJRE%0:WYD]F.G:HXQIZ*[5]M
M8MJ>FCBH6?-?:S.!\7?M-?"CX<Z!X%U[XCZAXD\$K\0=*TG4]"TZ]\#^,==O
MHI]9BLFM="U-_!NA>)-/L/$37%_!8QZ1)??:KR]\R'3EO A:M&K5W1^W3YKQ
MCM*RE=1ZOE49-V5[1O:VI$'S4H5TN6.Z3:32M=)W=XJ2:>O5VO<]JTS7-.U3
M1].UZTN&CTG5+"RU.RGO[:ZTF86>H113VC75EJD-E?6$TB3Q"2SO[:UO+>5O
M(N((IU:-9FN24D[15U&"O9.;BW923MKNK=NHXRO&,XQ]W523]UQ?SMMK<Q/'
M?CWPY\-_"/BGQKXGO)(=#\':)=^(=<^PP-?ZC;Z791M+-/%IUOFYG8HI\M(T
MS*00F3Q4SFH<M]$YTJ+C'5QJ5ZD*=.[5K)RFKWZ:[)A%.*_PPJ34MO<BG/1=
M6DGMHWIU*_@GXB>&O'TWBZ#PW<7<[^!_%4W@[7Q=6,]B(=<@TC1]<DAMC. +
MNW&GZ[I[BZAS"TKRP@[X7 J*:C%J2:4ZU*71J=*7)).VEU)-::/<'S0Y;QY?
M:X?#XFG>R;I8CF<9-7NFU%Z.S7Y]Z!CVQ^&,T)626UOEN/:Z6B6R[7W%IV]?
MO8!T_#^M%K?+S?4-O*WRM<3%"TVTMMY7#;RMMTM<7&/P_K0E;R"W_ Z"8%']
M?T@VV^0N,>V/PQFBUMM V\OP.0U86P\7>$_,CN#<BT\1BVEC:-;:%3;V/GBY
M5D+LTB[! 4DC"D.7#_*!V4=,'C(J48J^'O%KWI?O';E=_=Y=WIJCDJ+_ &O#
M;JT:VSLE>/5'6K_GM7'M;R7Y^1U[66VB'8H 3';_ .M1Y?\  _X8-OE^H8Q[
M8_3-&VV@?IMTL>=Z5\4_ .L_$/Q+\*-+\3V5W\0?!VDZ=K?B3PQ'%>+=Z5I>
MKB%["[DN'M4L+CS$NK1IH+2[N+FS6]LFO8;<7EL98B_:4ZM17C"E6^KRE'X8
MU6KQC?O9.Z6VSLPE^[E&'VIIU8JW+:EMHNBYM$WK)7:NE<[@7MGMW+>6I4"8
MY6>$C%N0MPV0^ ('($YZ1'B3::J_P_RO2ZVUV:MW>GJT#T:MIRM)KSELO+OZ
M&+IWC'PIJ^H^(M)TKQ'HU]J7A&YMK/Q186FI6LUUX?NKO3[;5;6#5HDD+6+S
MZ=>6M[&)P@>WGCD!P14IKEYHWLI2I=K3B]5?:]]'Z]6&L9<EK-0YTMO=E>TF
MK+31VMVUL<Y\3?BW\//@UX6C\:_$KQ39>$_"LFIZ;HZZU=P7UU:_VCJ\ACTZ
M C3+6]F5+EU8_:6B6UAC5IKB>*)2]-7]I"E9J=6LJ=*.UY.+ER]/Y9:NVP;4
MZE5+W*-)U)I:/E4E%R5O.2LE>][I,BN/C%\-;/XCZ9\([CQAI<?Q$UCPQ+XS
MT[PRJW3SS^&(9VMGU9KZ.V;2K>)IE988+F^AN[E%,UO;RQ?/5**4JM.[YJ5U
M4B_==.5U[K71^]&ZW2:?42:Y:4H_#42<;;--.2:\K;=W=:GHCW=M'\KW-O&_
MFQV^UYHT;[1,H>* *S#]]*AWQQ8WNI#*I'-2HNRA=Q?1VU5GKI_6FH]M?ABE
M*^EK6T_.Z]3C/!_Q(\*^-E\5/H=[($\&>.==^'6N-J-O)I@C\4^'C;+J-I:-
M=>6+RW#7<(M[J'=%=9;RBVTU2BU&G*SA&I[1PCHW)0JU*#:LVU^\I5++1M*]
ME<&G":@URRC[/FZ652E3K0<5UYH5(OYZ:ER+QQX<D?Q;''?3!_ UTEEXC6;3
MM1L4M;R32;;6H[>SGOK2VM=7,FGWEO(LND3WUOY\ALGF6]BG@CAODI^UM:#E
M/E_F:I-QJ+DW4E*+LM&^B'&/OJFM)>[9:*,5)VB[_P!]I^AR^D?&OX=ZMX9^
M%7BR+77L=)^-4VD6OPX74-.U"VO-=O\ 7-!OO$VG:>UJMO*^FW4VBZ;?WCC4
M#;0Q?9GADF$[Q12:R3A55%KWW&4TMK1A!3EVV3N_N$[QC.7+I1J>RE;1<\IN
MDO-7FFCT\W=LAD1[F"-X(Q-.CS1HT,+$[9I4+ QQ'!P[@(2#@FHMR_#LGZ;_
M )>2ZAU6EE:]MG_5]SC/$7Q&\+^%?$G@;PGJMY-'K/Q#U?5]#\-Q6UK)=6[:
MAHGAV_\ %6H1ZA<Q9BTR--&TVZGCENBB2N(XDRTBY$[R=-6C+V=6I'I:-.W,
M[;77,FUWNN@U%QHRJ/:G*E"5M'S5YJ%.T5T<GOT6KT.S%Y:Y"K=6[%K?[8JB
M>+)M#@"Z4!^;<Y'[\9B.?OT:J]ELM8[-/MT2[W8M%RKIMV3?E_P-NHGVRU)"
MQW5NS>8\2JLT;,TL2>;+$J*^6ECB/F/&!O5,,P"GE7]V]]+<RMI:*6LM-[=;
M:7!+5+972OM:3=XQZ+5;?>8GAGQ=X>\6Z/I.NZ%J!GT[7(9KC2C>6=]HU[=0
M02RPS.-)UBVL-6AV20RY6XLH7V@2A3$R.S:::2T=E+MRQ:NFU_>7Z]F+9RNN
M7D;@]E[R=GMMKIY]-T=/BG^%OE:X]A,=O_K4>7_ #;8,?I^'6C;3I]P;:?\
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M/_*53_MG,?\ G[37_<"&GR#_ (C7XA?]#:AZ?V=@/_F</^&O/C__ -#I;?\
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M0/SXZ()?5,5+V?-*+H\L[VY+N5TE_?VVZ'--M8JA%2Y5RU6XVMS:*U^W+O\
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M6WI?\3H?["T3S&E_L;2O-:W^R-)_9UH)#:F(0&V9_)W&W, 6'R2?+\H"/;L
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M'*-.M!)';&-H3;(XAW);F%WB,*D1F)VCV[6(*=2M:WM:N][<WG>^]KWUOO\
M,%1II_PJ2TZ02:\MMB,>'= $<4(T+1EB@D::"(:99"."9]N^6*/R=L<K[$W2
M(%9MB9)VC%>UK:_OJJNDOC?3Y[>3#V%)?\NJ7_@"7Z',:EH7AO\ X2O0XY=#
MLFGO++7YI"EA8?9)RC:=)*^HHUL7N9S(RR6SLWR/YSMEGS752JXA8/$I5I\L
M9T.:+J-/XI\O*N9;=;=+7.:=*E'$X?\ =15H5OABDDN77F5OE=]3JAH>B!XY
M1HVE"2"'[-#+_9UH'BMO+:+[/&_D[DA\MWC\I2(]C,FW:Q%<BJUM4JE6/O7^
M-J]]4UK\[[W\SJ=&G91]E#W4E9P6GI9;=^@P>'O#ZQQ0C0M&$-O*TT$0TRR$
M<$TFS?-$@@V1R/Y<>^1 KMY:9)V+@=:K&\O;5(V6KYVK):V;OYMV?=B]C2V]
ME2].1*WX:/\ ,5M!T)C<;M%T@F[8/=EM-M#]J=9/-5KDF']^PE_>!I=Q\SYP
M=W-"JUERVK5M%=)2:LGTT?N^@>QI*R]E2VNO<7^7_!ZCAH>AK)'*NC:4LL$'
MV:&0:=:+)#;"-HA;Q.(0T< B=XO)4B,1LR;=K$%>UK1T]K5]YW5I.R>]W9VO
MYOJ'LJ5DU2I)+^XKJV]M/P(QX=\/K'' -"T98896GAA&EV0BAG8(&FBC$&U)
M7$<8:10'(1 6(5</VM;5^VJK2WQN_P"=^H.C227[JDO^W%9?AH/.@Z&WVHMH
MNDL;T[[PMIUF?M;>9YP:ZS"?/82YES+O/F'?]XYI*K67*O:U4HK3WFDK]%KI
MZ(/84E?]U2O?^1?CH*-"T1)(I5T;2DE@A^SPR+IUHLD-OL>,V\3B$-'!Y<LD
M?E(0FR1UV[68$]K5MR^UJVNW\323NK75[)WU3>K&J---_NJ2LDO@2MZ.VPP>
M'/#XBC@&@Z,(896GBA&EV(BBF<*K31Q^0%25E10TB@.0J@DA1AJK6NVJU5=+
M.4EW^?\ PXO8TDE^ZI:=.1)+T5M!YT#0R;DMHNDL;P@WA;3K,F[*R><#<YA_
M?D3?O09=Y$G[P?/S3]K55OWM16V]YJVEM-=---.@>QI?\^J2_P"W$OT%70=$
M62&5=&TI)+>'[/!(NG6:R00;63R(7\G=%#M=U\I"J;7<;<,<IU:UK*M477XG
MOWM>UP5&E'_EU25NT$M_EH1CPYX?6*. :%HRP12F>*$:78B&.9E16FCC$&U)
M66.-6D50Y6- 3A5P_:UD[JM5VM\;3MVO?;5Z;:ON'L:5K>RI;WMR*WK:VX]M
M T-C<LVBZ2S7F/M;-IUF6NL.)1]J)AS/^]59/WF_]XH?[P!J55K+EM5JZ;>\
MU;TUT^0>QI:_NJ7E[B7WZ"KH.B1O#*FC:5');0_9[:1=/M%DMX KJ((&$(:*
M';)(OE(53:[C;AFR_:UK->UJJ\F[<S5[]6KVOYO4%1I)K]U22MT@E;R6FQ%_
MPC?A\1) -!T401RF>.$:78B))F54:9(_(V+*455:15#E5522  '[6MK^^J[6
M^-_Y_@] ]C27_+JDK?W$K7\K',ZMHGAS_A+/#JS:):-<WUOXA>1TLK'[-<;8
M;)YFU16MS)=.S%&MV9B$EWNX8L,=5&K7C@\3%5:G(G0YES-6M-\O*E)):]OT
M.>=*E'$X=>S@FHUK<L4EK"SOIJ_^"=4FA:(CP2)HVE));1>1;2+I]HLEO#B1
M3#"XA#11$2R@QQE4Q)(,8=L\CJU=5[6I9N_Q.SOK>U_SU.GV5.T5[.&RWC'3
MTLM"/_A&_#XB6W_L'11 DIG2#^R[$0I,5"-,L?D;%E**J&0*'*JJDX %'M:R
M_P"7U7_P-_YB]C2_Y]4E_P!N+3\"1M T,M<LVC:26O,"\9M.LRUUB190+DF'
M,_[U5D_>[_WBJ_W@"!5:RM^^JKEV]YJWIKIIVZ![&E_SZI+_ +<2^_05=!T1
M'MY4T;24DM8_)M9%TZT62VB^<"*W<0AH8\22#9&57$C\?,V15:UFO:U;7VYG
M^5_S!T:6G[JE_P" +3TTT(O^$;\/B%;<:#HH@24SI!_9=B(4G*JC3+%Y&Q96
M150R !RJJI;  H]K6YF_:U5I:_.[V[7O>WD'L::5O94E9_R))7\K;CWT+0F>
MY9]&TII+P 7;OIUH6N@'60"Y8PYG'F(DF)-PWHK_ '@#0JM9<J]M55MK3>FC
MZ)^[=![&DDVJ5)>]:W(M[7UTU%70M$C>WD31M*22TC\FU==.M%>UB!<^5;LL
M(:&/,LAV1E5S(YQ\[92JU5=*M42;NUS-*[MOYOSU!T:?_/JEM_(M/):?D1?\
M(YX>$0M_[!T40+*9U@_LNQ$(F*A#,(O(V"4H AD"[RH"YP,52K5>E:JO^WY)
MVU\]MP]A36U*E;_ NOE8D;0M#9[EVT;2FDO!MO';3K1GNE+*Y6Z8PDSC>BOB
M4N-Z*WWE!J?:U5%6JU8J.JBI-6\DKZ;]-;"]E2O94J73["ZWZV]=Q4T+0XY+
M>6/1M*CDM$\NUD33K19+:/+MY=NXA#0IF20[(RJYD<XR[9;JU;27M:MGTYFT
M[VUM?7Y_H-4:4?\ EU26O2"5O330C_X1SP_Y/V<:#HHMQ+YP@_LNR$(FV[#,
M(O(V>:4^3S N[9\N<<4>UK1:_?5=K:3?Z,2HTK.U*EOMR)+[K#VT+0R]P[Z-
MI)>[7R[MVTZT+W2;T?9<L8=TZ;XXWVR%QN1&QE5(GVM6*7[VK^[L_B:Y;]K/
M1Z]-1^RI1N_94DMM(+KW5A5T+1(VMW31M*1[1-EHZZ=:*]K'EWV6S"$- FZ1
MVVQ%%W.YQEF)IU:UI)5JJUU7,WVZ7L_S#V%+;V5)6_N)6OIIII\B+_A'/#PA
M^SC0=%%N)?/$']EV0A$^SR_.\KR-GF^7^[\S;OV?+NV\4>VK7TK54TK:2=U=
M[7O=:].@O8TH_P#+JDE_@22Z;6)6T+0V>>1M&TEI+I/+NG;3K0O<1Y1MEPQA
MW3)NCC;;(6&40XRJD'M:L5_&J6C_ 'VK:=+,?L*:_P"75+3^XEO\@70=$1K9
MTT;2D>S799NNG6BO:)N=]ELPA#0+ODD?;$4&Z1VQEV)7M:L;VJU5LW[S5[K=
MZZ^?R#V-+_GU27;W$K=[::?(C_X1OP\(C;_V#HOD>;YY@_LNQ$/G;#'YQB\C
M9YOEDIYFW?L)7.TD4_:UD_XU7:WQM?K^ >QI+3V5+3IR)>O0E;0=$9[B1M&T
MII+M/+NI&T^T,ES&2A,=PQAW3(3'&=LA9240XRJX(U:T4DJM5<KNDI-)>B3L
MOEJ'L:5_X5+_ , 5_P A$T'1(FMGCT;28WLAMLV33K1'LU+M(5M66$&W7S'=
M\1%!O=F^\Q)3J5;27M:JOTYGK?OK^8>QI*UJ5+3^XE;TTT_ C_X1SP^(3;#0
M=%%OYHG,']EV(@,P4H)C%Y&PRA"4$A7<%)4''%/VM:_\:JM+)\[^[>_RV#V-
M**TI4EK>W(DO7;<E;0=$+SR-HVE&2ZC\JYD;3K,O<Q9C/E7#&'=-'F*([)"R
MYCC./D7 JM9<J]K57+M[S5M]DG[N_3]0]C35_P!U27_;B7WZ:B+H.B1M:LFC
M:4CV0Q9LFG6:M:#>TF+9A"# ID9I,1;,NS-]XDTO:U5I[2HTWMS/2ZW>ORON
M/V5/1>S@N772,4EZ:?D<EX,T+PW/X7M4BT.S:TDO=4F,.HV-A/*UQ'JFH0&:
M;;;K&[@;X[=RGF1VI2(GAA7;CJU?ZU-RK3YU"BG*$FDTZ5.R6NGFEI?4YL)1
MI>PBHTX64ZUN:*>]6=^GX]M+FU?)X+L+B5=23PO975W!B=;]=)MKBZM6(0"4
M7 22>W+0A/FW1DQ!>L>!S0>)FOW<L0U&5O=4VD[7=K:+1_B:R^JTG:?U:F[7
M2ER0=FVKV=G9M,J)>?#R-K9TN_!<;V0(LV2?0U:T!=I2+5@P, ,KO(1%L!D=
MW^\Q)ODQJYK+%+FW]VHK^NFNG<CGP2M[^$5G?25)6]-=/D,$OPX:,VHE\$-#
M+,LK6X?03%)/AHUE:+.UYMKLBN5+X=E!PQ!.7&III8O1;\M16_R0<^"M;FP>
M^BYJ7]7.@.AZ&TD\AT?2C+<Q>3<R'3[0R7$)"+Y,[&'=+%B.,>6Y9,(@QA5Q
MBJE9)156I&VMN9JWFE>R^7ZFRI4KO]U25]GR)7OYV!-!T.-K9H]%TF-K+)LV
M33K-&M,R&4_9B(0;?,K-(?*V?O&+_>)-#JUK->UJK7;F:^]-V^_4/84U_P N
MJ2\E!*WIII\AO_".>'_):W_L'1A \JS/!_9=CY+S*K*LSQ>1L:55=E60J7"L
MP!PQR>UK+:M55E_.UOOUZ_<'L:2_Y=4M/[B6_P CFO&ND:!!X;UZZGT>W DL
M$ANI=/L[.'49;?S[5!"L[0-E,1Q QR;HS'&J[<*N.K!5:RQ5#EJSYHU$X\TG
M:+L];)K]##%4:2PU5>RA%6C\,4G\2\OZV.F30-#3[*4T724-D,V973K-3:$O
MYI-L1"/LY,I,I\K9^\)?[W-<SJU4Y6J5%J[^^]>]]?S-U2I6_APVC:\5IITT
MT^5A/^$<\/\ E/!_8.B^1)*)Y(/[+LA$\RJR+,\?D;&E5'=5D92X5W4$!B"E
M5K7O[:JK*WQ.Z3Z73O:_0/8TO^?5+_P!+\+$AT'1#)+*VC:299X3;SRMIUH9
M)K<JB&"9_)W20[(T4Q.2FU$7;A5 %5K))>VJZ.Z7.U;S23LO7<'1IIZ4J7_@
M"_RVU$70-#C-L4T728VLB39E=.LU-H3(9B;4B$& F5FE)BV9D8N?F)-+VM;W
MOWM6-_[S_'77334/8T]/W5)6_N)6]--/D,_X1SP_Y<D/]@Z-Y4DHGEB.EV/E
M23 .%FDC\C:\JK)(!(P+ .X!PQS7MJR?\:KHK?&]/QV\M@]A22LJ5):[<B2_
M(D.@Z(9)93HVE&6>'[//*=/LS)-;[$C\B5_)W20^6B1^4Y*;$1-NU0 E4JI)
M*M426J2DU;6^B3LNK&Z-/_GU2_\  %_D-70-#C-L8]%TF,V3%K,IIUFIM&,G
MFEK4B$&W8R_O28MA\SY\[N:?M:NO[VI;JN9^FJOVT]!>PI+_ )=4E_VXE;TT
MT^1RNM:#X:CUCPK;/H5B%N]5U)Q%!I]@EE+.FAZBS2:E ;<BX41&40'ATN&1
M]VW<#T4:M94L1:K4^""^.2:3FG96:MJM>YA5HTU5H6ITE[T[>XET71(ZO^PM
M%+O*=&TKS9K<VLLAT^T\R6V*)&;:5_)W/!Y<:1F%B8]B(FW:H YE5JV5JE2*
M3NK3DN5J^J5]'YK74Z/8TE?]U2_\ 2^_381?#^A1_9MNB:0GV-BUIMTVR7[(
MQD\TM;8A'D,9?WN8MI\P;S\W-'MJVJ]K52:M\;T2^>J\GHA*C3LOW=).+O90
M2U>_31^?4;_PCF@>7+#_ &%HWDSRK/-%_9EEY4TR!PDTJ>1MDE02RA9&!=1)
M( 1O;+]K63356JK*WQM-)]%K=)]D"HTDFO94EVM!6^:L/.@Z(9'E.C:5YLD'
MV:20Z?:&1[8QK%]G=S#N>#RE6+RF)C\M53;M %)U:R22K559W^)Z>=KV3UW6
MH>PI?\^J7_@"_P A%\/Z&GV;9HND)]C9GM NFV:_9'>3S6:VQ"/(9I0)6:+8
M3)\Y.[FCVM97M6JK_MYK[]==._0/8TE_RZI+_MQ:>FFGR&GP[H&R6(Z%HWES
MR+-/&=,LMDTR[RLLJ>3MDD7S)-LCAF'F/@_.V6JM9?\ +ZJK;>^U;[GH'L*2
M_P"75+3^XNOR,?Q-H^A0Z#XANI-(LPW_  CVJ0SRV=E9Q:@]FFG21M;P7!A+
M*1!&L4"MNBCVQ H40+6V%JUEB<,HU)IJO3E%N348RYT[M7775VWUN95Z5)8>
MM^[@DJ<_ABEIRORN7-+T+0O[/T=H]%TQ5MK6VGLO,T^R,UJ\D<,QDC98 (KA
MI%6222$(6F7S/O $16JU?:UE[6I?GGS-2:BWS.ZM?9]$]+%TZ-+V=%*E"T8+
M>*TO%;::-]7U9<_X1W0/+FB.A:-Y5Q(LT\1TRR\N:52Y269/(VR2*9)"KN&9
M2[X(W-F%5K1M^^JJW]]JWI9Z?+<KV--7_=4E_P!N)??H2?V#HGF-+_8VE>:U
MO]D>0Z=:>8UKY0@^RL_D[C;^2!#Y)/E^4!'MV "I]I6LE[6JK2NES/1IWNM=
M'UON'L:5_P"%2V_D5_RV&KX?T)!;JNB:0JV;M):*--LP+61W$C26P$.(':15
MD9X]K,X#$E@#3]K6][][57_;[_'77Y@J-)6M2I*W:"5O300^'= *31'0]&,=
MS(LUQ&=,LO+GF0R,DLR>1B65#+*5=PS*9)""-[9?M:UU^]JJRLO?=UW2UT7E
MLP]C32_A4EK_ ")+[K;CCH.B>89?[&TKS6@^RM(=.L_,-KY?D_9B_D[C;^3^
MZ\DGR_*_=[=G%)5*R5O;5-'=+F:W=[V3M?S!T:7_ #ZI+_MQ?Y"#P_H2"W5=
M#TA5M':6U4:;9*MK([K(\EN!#B%WD59&>+8S.JN26 (?M:NO[ZHK[^])7MM?
M4/8TO^?5+_P!*WIII\A#X>T$K,AT/1]ES(LUPATRR*SRHS.DLR^3B65'=V5Y
M-S*SL006))[6JFOWU563M[\E:]O/1>FXU1I*_P"[IK_#%+[]#E?!>B>'#IEQ
M-:Z):1YU?Q1:LUU86!N2AUO48+F 21VZ?Z"Y#I;V_*K9^5"X8+77CJU?VR3K
M5/X6&VE*UE0@UHY;^>]]3EPE&BJ3Y:<=*U=J\5]JI*_2^IU0\/:"JP*NAZ.J
MVDAFM573;)5M969':6W40@0R,\:.7C"L61&)RJD<;JUES)5:NJM\35[]'K^>
MAT^QI67[JDFGMR)6\UIHP/A[02LZ'1-'V7,BRW*'3;(K<2JS.DLZ^3B617=W
M5Y S!G9@06))[6M=6K5=%9>^U;TL]/1: J--)KV5)?\ ;BM\]!PT'1!)YHT;
M25E^S_9/,&G6@D^RF+R#;;_)W?9S ?)\G/E^4?+V[/EH=2M9+VM31W^)][WM
M>R=^JUOJ'L:2_P"75)?]N+2_R_K;8:/#V@JD$8T/1U2UD:6V0:99!+:5V5GD
M@40[89'9$9GC"LS*I))48/:UDW:M57_;S7ZA[&DO^75+_P  2_04^'M"VSH=
M$T?9<R++=*=-LRMS*K.Z27"^3B:1'DD=7D#,K2.P(+,2>UK*W[ZJK;>]:U][
M:Z![&DO^75)>7(E^@O\ 8.B"02_V-I(E6#[*)/[.M!(+7RC#]F#^3N%OY),/
MD@^7Y1,>W8<4>UK;>VJ[W^)[]]]_,/8TE_RZI*W]Q*U_D<MXST'0X/!^O"+1
M=)C%GI&J36@CTVS06LTENS/-;A80()79$9I(MKLR(Q)*J1U8&K66,P]JU3^-
M36LGK[RWL]?1Z&&)I4HX>N_94U:E/:*5M'MIIYVW.XL_^/2U_P"O>#_T4M<M
M7^)4_P <_P#TIG32_AT[:+DA9=O=1ROB_B7PC[>,=+]NMGJ==F!TIY@MO]@G
MY?\ ,3AG^-K'-BW:>"Z?[9%6]:&(7ZW/GK6OVB/'7AWXW:M\*M5^$>DVOAC0
MO!-]\4]3^(?_  LU)9+?X9:=JDVD7NOCP?!X)DO9=:AN[>9AX:BU5V>V42)J
MC2,(*\V,HVG*;Y8T81E-M6455564>;^7^$[]4M=3M=.?-1A25YU9^RIK:[A*
M@I):ZO\ ?*VU_*XQ/VS/@^[_ -KG5+JW\ R_#_2_'>G>*+G0O&EIK.LIKGC6
MW\#Z%8Z'X)N?"$6KZQ::]JMW:1Z%JNG7%R^L7%PL%CILUM_IYMQ<(\THM)U,
M/3A&*]]NNJLH<T5>2]VC.;TMR>\[):JVMJ<EI]9<I.WLTL-[.,TI7BK\U6UM
M'S1Y=6[+KI_VJ/@C9^+=*\$7GBK4++Q#JTW@J"*WO/!WC*TLM.G^(MD;SP1!
MX@U>?08])\,W/B1@=/T^UU^\TVY;5PVDR11WZF$*,-:L+V]G4E1>J7[R,%7E
M%?S/V<T[+HFQ6:A3FHRM4@JJT_Y=N?L7)I? O:1W?==S(L_VR_V<K^V\5W.G
M?$6&^'@^XTVUOK6Q\/\ BBZU'6)M9UM_#6CCP9IEOHTE_P".$U3Q#')HMA+X
M2M]7CN-07RE8JRLPD^2,XI\DI1A'EOSN4TY0]VU^645*47:W+&3V3';DE*FW
M&,X1G.3;2A&--I5-;VO!RC%J]^:26[/.?B'^V7;Z#?:=HO@KPJ->U+7?B9\+
M/ &BW&H6?CM(K>W^(GA@^+I]4\5:+IW@:?7/#=]IVGQRV=EH3QWM_>W/F7-V
MNG1Z=J5O;E&,IU52T2C5KQE*+7*HT*%.O?FO;G?M8JS2@O><I+<F4HQA)_#:
MG2E%3]UMUJ]6A%6;6G-2D]/>=U&*;E&_J/@/]J/X<^,?^$!TN6[DMO%OC^SO
M=2T_0?#^G>*/%MAI6FQ>)-:\,:;J&O\ B2Q\,65AX=L=;U/0[RTTJ[\20Z)!
M?:A%<V-B]WY GDJ$>>ZIVM"$*DV]()5(*JH*3LO:\LN90OSN-GRI-%5+T;N:
MY4JLZ"AI[1SIS]G.7(G=0Y[)SLHJ^]T[2>+OVB]-\)?'+P;\&Y?#%]>V'B/^
MRK#7?'L6H01:3X.\5>+;3Q->> ?"VHZ<UL]Q<WWC"+PAK?V:=+JWCLI/[-CD
MCG?4H )H+VU2K3AS/ZNJC=TXIU*5&.)G'FT7NT*D9+>^JW)FW2C&27*W.DIQ
M6K5.K5=&$X[7BZJ<)-?#J]=CSOX>?MO?"C7/"^NZKX_U5/ >N>%T\>:EK.F2
M:-XLFTN;0O!7C^Z\#2W7AO6YM!AL?%NHK<3>'UU72?#4VJ7VF:CK]G8RPAG1
MFSA-RP^&Q$5;VM#"3J47I.#Q6D.6.[BYWIQE:TG;4IP:JU*+BX^SK8FG3DM%
M+V"YY.3VC/V=ZG+>_+=I'UOX7\2Z7XO\/Z5XFT0WW]EZS:+>6:ZGI6IZ%J*1
MEF1HK[1]9M+#5=,NH9$>*>TO[.WN89499(P>NLH\C>O*K=/LMI-/YW_0F,KQ
MT6J;5MOA;3]-?ZL<3-X[\.^!?#XU;Q9X@;[#J7Q#@\'V%ZEGJ5WC7/%OBZ+P
MWX<T4Q0VKSH/[5O[/3&NS&+"WR;B6Y2U1YAUXR+=>C2C3]C+ZO0_=Z7J+V7,
MYW6D>=)S=[-;,Y\&OW-62;:C5KSE)IKV<>?5K^ZKI7V/.O$/[7OP#\*RF#6O
M&5_;R)<^+()_LO@WQEJ<=C%X$\5Q^"O&&I:E+IFA7D6F:)X>\0RQVNIZYJ#V
MVE0P2+?"[:R83G@I-5?9QHM1=?V$J4I6C"V(;]BFV^5>T:<-T^9I;G2_W<)5
M'=QHNM"<8ZRE.C"-2IR16_+"2E9='<X_X@?MC>"_#/Q!TSP#X52'Q5=VD_Q+
M@\:WLUMXDTG0]%G^'GPPUKXAW5AI?BE?#][X>UK4HI-/T_3O$%EI5UJ=]H$.
MII<7%A).J6LM0:]EB:LN:$</0K8B%TX^T]GB:.'?+WI?O)WG9I3BEK=,'&<9
MT*22YZU:A1DD_A6(ISJ1=DTN?E49*+:<D^AV^E_M5_!N?3]?N=3\3C2YO!7@
MOP_XR\=.FC^)K[0/#<7B'2-#UBTT:/Q.- MM+U?7I+?Q'HIM- L<>(KZ/4K)
MX]%CDG,$=5$X.?V/95E0DDKNI4;24*:6LO??*^5/WG9V%1O*-&VOM*4JL):+
MDA'G<I5+/W/=A*3O;2+9S*?M<>";?Q9XDM]8CO=%\!Z/X \!^*--U>_\.^,+
M3QMJOB;QOXS\5>#;;P5'\.;G0(?%9UV34/#T,.FZ3;Z5-J]_<7;A+(01K.TQ
M3O7O!RE"K0I4X0UE.%6E*JY63M[G+/FVY4I-M6=E?WJ$8V4*M+$U')^ZHRH5
M*5)ZW2M)UDT_M.R3=U?LM"_:E^"'B+4_".C:+XON;S5/&EGKE_IM@OA?Q7%<
M:/;>&]4N-!UV3QG'-HL;> SIFOVESH=XOC :,8=6A>R;$NT,)0C[11<5"G35
M9RBUR<LU)WC)>[)M0D^5.]HO0JTTHMQ<7[25%1:Y7SJWQ1^**7-&^EO?6K.>
MTW]M']G'6='U/6='^($FJ0Z9K6@Z NGZ;X3\87NOZQ?>*?[1/AR;PQX;MM!D
MUWQ/INMQ:1K%UI^J:#I]_836FDZC=?:%AM974FI>R349*,H2DK1?/&*CSMSI
MZ.G%Q:?--1C9I7125IN&BE!KF5TH:R4+0E?E;YVH^ZY/Y'H?[/OQ3F^-/PC\
M)_$V?3;72#XH.OO'865Q<7-M':Z3XGUG0[.:.6[M[6YS>6FFPWLD<]O%)!+<
M/ R_N\G6K25"4(K2^'H5&UI;VU&G5MZ+GM%_:6IC3J.?.K6Y:U>FEM_"J.%[
M?]NW?G='L]0:A0 4 <QJ#R+XGT"-;\01R6&N%].VS9OB@T_;-N5# OV+<QQ+
M(CGS_P!TK_/MZ8/EP>*DJ/-[.5"3J74?9Q<I)I+>7/V5]KLY:CY<30C=1YX5
MHI=VHJ6MMDM_5Z'D.H?M/_!/2-+FUK4/&#6NEV^G?%#5I[HZ!X@98M/^#6O6
M?AKXCW#QQ:8TH70-8O[6W"",R:FDC7.E)>V\;R+QWC#V;N^2I1P]>FM5>EB9
M\E":T_Y>S=N6U[/9'4E)\]M'&O4H7T2C*E3]K.._2";N<WJW[87P0L?"=YXF
ML_$FJ7<Z:YK/A2R\.MX'\>1>)Y?$NB^'!XLN(+KPH/#?_"3V.C1>');7Q#<^
M(KC28]%@T"ZAU5KX6TB.9KN=.E*4(Q;]A6K03?NQ5&;HS6(EM17MK4Y.IRV;
MV'1C&4N7^6I3IR:27.ZL54A*DK^_>'-*/+?FY9=CD_!7[9W@B]\+Z5KGQ"B@
M\)W6I>'?@Y?VNG>'8_$WC;5=3\0?%SP;>^,H-#T[0-&\+R:E(NF:?IU]<QW-
MF^J&XTRUN-0OH]),/D2;RII551A)N7UF>&I<ND9-4XSYI/1*+A+=M):.^NF5
M-RGAZ%9)PC6H5<1;9QC'$.@U%7;;<TXVLFNS6IT?Q+_:L\'>%$US2O!9?QCX
MM\,^,OAWX3UNR?2?$UCX:L[CQGXV\'^%]3L4\9#1G\-W?B70-.\76>K7?ANT
MU.;5+8R6T5_;6RO,T62DW4HQC;DJXI4+NT>5+FC.5-7_ 'O)-<LG&Z3O?:SV
MY/C?PM8:IB*<%UY*,ZL(S7V?:*+:YK.UFEU-RZ_:Z_9_L;WQ?97OCW["/!6G
M>)=5U/4;OPWXJM]#U*T\%ZE#HWB__A$M>ET5-'\:W'AK6;FVTG6K/PG>ZO=6
M6HSQVLD7F$@.*?+[6*?+))J*O=PE/V<*BCOR3G91E;E;:UV)^%N+6UXMZ)1F
MH<[@VGI+DO/E=FDF^A->?M7_  )TS6/ V@:KXTFT36OB#:Z5=Z%INL^&?%.D
MW5E%KNJRZ%H?_"517^CV[>#)-9UN"?2-,B\4C29+R^C:*%6&UFJ*]^I!6_=0
M523O:$8N,II<VD?:<L9/DOS67PB?-&BJEFDZKIQ>TG*+2DW'=4US1YIVM:2:
M;UMD^ /VH?"?Q2^-3_#/P&#K/AVU^'GB+Q?<^+)M,\1Z.MSJ6A>-=-\(_9O#
MXUC2+'3_ !)X=N9+C4"GB71+R^T^2\T^6UAFDP[*4Z<G2K5/AY?JKA"<>6<H
MUXUY)S3U5E3A*+<5S*?5(B=3V=:C27*^>-?FE"2E%2HNDFDXOEWJ-/?5;[W^
MI1Q[>W3'^%):*W:WETZKH:+3RW\NHM, H * "@ H * .6U-Y%\3^&8UU 6\;
MVVO%].Q,#J!6"SV2 HA@'V(DO^_D1CYO[D.P8#JI+_9<5:&D70]_2T+S?=W]
M[;W5ZZ')4TQ>&Z>[5LMOLG3KQ[8_#&:Y=K+:R7EN=>UK::*PZ@ H * "@#S/
MXP_$*/X2_"[Q_P#$R32)-?3P-X7U;Q(=$AO(].EU1M,MGG33TOY8+F*R:Z8"
M+[3);S)#N\QHG"[3E5J.E3<HIW]K1A9=JE6%-Z)7TYKJRUZ(TI4U.HH7Y.6,
MZBT^%1ISG*5KJ]U&RU5CY?'[<&B2V7[/9L_A[K$VL?&KQ+'X;\5:&VMV<-S\
M'YH?&%K\/=5E\1R_89!JLEGXUN6T:RM+>+3I=52TN[V%H8X?+.\J:6(=&,DX
M>PE7]JE[EE3J5$HVNI-^QK1=F[2IM:W,$Y*C*?+:K"K&$:&JDU*<%S:I625:
MC)W2]VJM58[7QO\ M:>!=,\):3KGP_N8?%VJZW8^ /$^E:9>VFN:+!<^"/&G
MQ6T;X63Z^;J?3%,4]CJNHW)ATJ54OYY;>-G@CM)?M GDFJ^&ISC*-.I5P].I
M*"YIQAB<+B,31J1C%\S<XT7[EM-;^]9-3DJ5&M63UI.ORQ;Y4YT*L*-:F]++
MDG/XMMNFIG:'^VA\.]<^SWJ:1XB\/:#;>*/C'X;\0:AXPTC7_#]]I\7P:T36
M=>US6-"TO^P+V/Q/:3V.BW$MQ;0:A87VC;FM+V%M:ADT>HA-.A2KKW:=3"SQ
M45HYQA&K2I14HW33DZT>ZYGRW;4K7.+A6G0:_>0KQPRY?@E*<)U.;FT2E:F[
M1W:]]>[*+E<?]KSP!KNI^ ;/X<W<?B&V\0_$_1/ GBJ37M-\1^#KSPYHOB'P
M)XG\=:/XMM-/\1:/IMUJ6CZOI^@+-I.JK$NBZA9/=7%O?NUJ4+2Y*ZI3M",<
M/CJLY-I>SGA52DZ4ND)255.2WM9K<4VX13BFW.>$A3BDWS1Q,G!3BTO>5TT[
M;233.^\ _M+?"+XJ:3XVU3X:^*8_%)\":8=7U>R73]6T:XETV:TO[O2M4T]=
M:T^R>_T/6UTV]72M=L8[K3;LP2F*9]F"5'*G0=;E<4KVNK*Z2ER^3::MY.Y<
M4I5XT%HVTO2\N6_;1[V?YIOYAA_X*&:+-\#O#/Q7B^%>M_\ "4ZYXS/A6_\
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M8:Z>Y>:U[J^VGST.:M_%P_V?>GIM]E'2#C;VP/IC/\JYEHK;/MM^!U#J8@H
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M0@K:)*$5"*MUE9+FD]W=MW9G"*IW2ZN4WYNI-R;5MHW>RV_%\?XQ^%EA\6?
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MUZ\9;VR<9-I4J%F]'_!A=;+X=EI]^YRX/2B_=Y?WU?;_ *^2_,ZBN4Z@H *
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M6(JWX:!]:7_0/B__  4_\P_X3:/_ *%;QM_X3=S_ /'*?U-_]!&$_P#"B/\
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MR/\ VH*YXX-ZKZQA-W_R_C'3[O\ (V^LI?\ ,/B[=E2M^%P_X36/MX6\;?\
MA-W/_P <JOJ;7_,1A%;_ *B(JU_D+ZTE_P P^*7_ '"?^8?\)M'_ -"MXV_\
M)NY_^.4OJ?\ U$83_P *(_Y!]:7_ $#XO_P4_P#,/^$UC'3PMXV'_<MW(_\
M:E/ZFU_S$X16_P"HB*M?Y#^M)?\ ,/BU;;]TU;\= _X3:/\ Z%;QM_X3=S_\
M<I?4[?\ ,1A%_P!S$5^@?6DO^8?%JW_3IZ7^8?\ ":QC_F5O&P_[ENY'_M2G
M]3:_YB,(K?\ 41%6O\A?6DML/BE;_ITU:_ST#_A-HQ_S*WC;C_J6[GO_ -M*
M7U.VV(PBM_U$15K_ "']:2_YA\6O^X37ZA_PFR?]"OXV'_<MW(_]J4_J=O\
MF(PG_A1'_(7UI?\ 0/B__!37ZA_PFR?]"OXV'T\-W(_]J4?4[?\ ,1A/_"B/
M^0_K2_Z!\7_X*:_4/^$V3_H5_&W_ (3=S_\ '*/J?_41A/\ PHC_ )!]:7_0
M/B__  4_\P_X39/^A7\;?^$W<_\ QRCZG_U$83_PHC_D'UI?] ^+_P#!3_S#
M_A-D_P"A7\;?^$W<_P#QRCZG_P!1&$_\*(_Y!]:7_0/B_P#P4_\ ,/\ A-D_
MZ%?QM_X3=S_\<H^I_P#41A/_  HC_D'UI?\ 0/B__!3_ ,P_X39/^A7\;?\
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M/ZTO^@?%_P#@IK]0_P"$V3_H5_&W_A-W/_QRCZG_ -1&$_\ "B/^0?6E_P!
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M * "@ H * "@ H * $P/3IT[8_"E9=NWEMJMO,/P_"POTHLEMH 4P"@ H *
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M.+2;2[)R7,[Z<RTL[GV=K)/9.I&DO^OE2_LXI=Y\LK+K;N<CX3^.GPH\<P>
M[GP?XVTK7[?XFQ^*I? DEA#?LOB*+P/,UOXLEMB]I&+:/1;A?)N7U#[(KS-'
M' 9GFB5VU+EJ.,?@HPK6>EH5;>RJ2_EC)NR5KWNFDT)N,7;:TYTN57NJL+N4
M.UTHMM:::[-'J@N(O+5UFAVMNVNLB%#M)#X8-@[3][!^7G.*-FE=7:O%?#=)
M7;CW_32^C"^_2S4=->63>TETM?YGC[_'OX<1_"[7/C"VIWZ^!?#EUXCLM4O3
MH^H#4([CPKXAO/"^M+!I'DB_N5M]8L;B*-H(7$\"BZBW0,KF8MN.&E'W8XMT
M'1;7*U#$2C"E*2;6CG.-^L5*[6XI2C3^L*7_ ##.K&K:UDZ,7.IRN]G>*?+K
MJ]#U^.YC=$=9(]KJ64[E&0!EN-W!7/SCJA^]BJ=X.2=HQBWJ]-M-+:<KOI)M
M=K#3V>RD[1CLU=7NUW\D<FGC_P +R6/C#4(=0E>U\!W-]9>)7.G:E;_9+O3M
M*M];N8;/[7:6ZZN!IMW;S17&DM>VD\CFWAN'N8IHHYE)1@ZK]VG>JH_S-T6^
M?W=&OA=OYE[RNAQM*HZ--IU$Z=ULH*M_#;>UGZ^NNA=\(>+M%\<>%?"_C'P[
M<M/H?B_P_I/B?09KF"6QNKG1]:L+?4K&>6QN1'<VTC6MU"TL,T:RP.QCE57!
M%:U(2HS=.<7&4/BC=)PT73OKK_F3&2<5*+5GSJ+6BYHNVGE=._EJR7Q-XJT3
MP=HM_P"(-?O&LM)TM(I+Z>"SOM2GA2:>&W0IIVDVU[J-P3+<1 K;6DS(C>:X
M6)7=85TU';WDHVM9N348I_R^]*-WMKK8K2*NW;W6^5*VT7)OST3=EKH[7,CQ
M]\0_#'PR\)ZWXS\67KV>A^'HK6?4WL[:;4;V".]OK33[<II]FLEW,7NKZV4B
M.(E4<R-A%)J6^1QUT]I3I\L5]JK.-.*NVE%<TTY-]/($FT[1LE"I4WM:%.G*
MI)I=7:+T6^V[-:_\5^'=)U/0-%U+7=(T[5O%5Q?6GAG3;N_MH+W7KK3+.34-
M2MM)MY)%DOI[&RAEN[N*W5V@@C:20*H-5\,G%^ZU&4E!+6,8.TY>:]Z/GKL3
M&2]G&HM:<N2*DM.6517A%]$Y6EU6SM<WA-%M=O,B"QEA(V]0L;*?F5SG"LO\
M08@KW I7LD]$NG1??WE?1>NY6BNNJUT_K^MRIJ&IV6E65[J-[<+!9Z?;3W=W
M(J23R1P6T#W,Q6WMTEN)I! CR);P12W$V-L,4CLJD<E'?1)-Z+L]=%K>/5)7
M=]AI:\L='96Z6N[)]K=GLSRS5_CW\+-&\.:GXIG\56MSIVBP>!KK5[/3[:[N
M=?TFV^)-UI]IX+FU7PX(4UO2QK;ZG:2PQZA8VL\5N9IKB*)8)MA>TZ-):3JX
MF.&CMR^TE!U%"^U^6UWTOJNA$I*G3G-J7+3I2JRTL^2$I1G))VTO%V]'O=7]
M>\U-GF*Z; "=X92@"YW$N#M 7:VXYPN#GH:;:B]?=6[;T45O?YKY=1[6Y5O)
M126]V[-:;6]-SP:7]ISX,GX9WGQ;TGQ:/$W@JS\2Q^"X[KPQI&LZQJ>H>+Y]
M9M?#]OX;TG08+%=8U#5KK5;VU@M;:WM&%Q%/%>0R263K.4Y)*BU?EQ$XJC;2
M\9.2YGM97C)R>EE%Z.VKVG7@UR?5G*-52?*X2BE-Q[7M**TNFW;O;7\*_'KX
M=^,/%.J>$-$OM9;5M)\1:KX3DFNO"OB.ST6[\0^']*CU?Q'I=CK\VG#1I;CP
M];RK;ZOYE["EOJ6=-1IKS$1J/PRE'2,'--Z)6A-PDUK\+DGROJM;6U);]GRJ
M:Y6U3M%?9=6*J0B[:*7)).2W3TWT/8A,FX*)(\DNH4.I8M'CS% !SN3/SC&5
M_BQ1Z.R3Z=$MT^SO_5RN_P!G6R]+7>G?R$\Y-LC"2/$)*RG>FV,J-SB0AL1E
M5(9@Q! ()XI+39IK7;3KT\^ENX+HK<K6KB]TGMMW6J9R/@7Q]X<^(NDWNM^%
MKFXNM.T[Q)XF\*74ES97-A(FL^$M:O/#^M0I%<I&[PPZG87,<%R@,%U$JSP.
M\3JQ47S4Z%:*<:=>E"M!-6ER55>#:^SW:W)37-4@MZ565.:VM**5TK;J[6IV
MM44% 'XE_%SXV_&^U^,7Q=TK2?C!XVT#1M ^(.K:'HVCZ1_PC<5AI^FV5EI;
MP00K=^'KRY8[[B5Y));B1G9R<CI7'F^;U,KK8;#T,'@JD9X*A7E.M"JZCG4]
MIS:QJQ5O=5DD?S+XF>*/%/"?%5?*,JG@UA(8;#UHJOAW4FIU>=R7-SQ]WW59
M6^\X#_A>'Q]_Z+M\2?\ OYX3'_NJ5Y7^M&)BVEE^6:/3]U7_ /EY^?\ _$=>
M._\ GYEB_P"Y-Z?^50_X7A\??^B[?$G_ +^>$Q_[JE'^M.)_Z%^6+_N%7_\
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MVWO=WMT.T'Y8_K3V]+>FO4%Y:6^5KZV];"T#"@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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MA@8RC*FXU*\K23B]:L^CMV_$]Y_:Q^$GC_XJ^!O#Q^$VI:'HOQ.\&>+8-?\
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H __9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>p48a.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p48a.jpg
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H 3(7N%].U !D#N!
MZ<XH 7I[8_#&: $R!P"!CMG&,T &0,#IZ#I^5  65.I"]^2%_P * (6N;:/[
MUQ G^]+&O\V% #/MUDO_ "^6J_\ ;Q$/_9Z $^WV(S_IEH-O7_2(1CZ_/Q0
MX7EH3M6ZMB<X $\1.>"1@-UP0<>X]: )@Z'[KJ>PPP/UZ'WH =D=/T_7I].:
M #([$>W]: #(!VY .,XS@X]<>E !D>OO^'K0 M !0 4 % !0 4 % !0 4 %
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M_ ZJ"X@G0/;S1R1DL T; C*_>&5/8_\ UZ + (Y'(QZY'Y?_ %J '4 % !0
M4 % !0 4 % !0 4 % !T]L?AC- $;$Y(&,#!X.&'U'88H#;R_ PM6\2Z)HB;
M]1U&VM6"%]F^-I=JC)^0'(R.G'- 'G-]\9/#Z.(],@N=1)A:=L P*FWA 2<?
M*Q'/8]J .8G^+>KR[GM[6UM@+=IBJJ971Y'V1(0WRD]SZT!_78A?QKXAG23=
MJ,B%4@5_)CCB57D )(53A<$D$YY[\T ,DU?5)V9OMER6,BPDL[*V^/&_@$#[
MN.W0@F@!T=[<,/\ CXE)/G2_ZV0?(N0  #_=QTH#;^K#DG8\[V^>!57YF)+.
M=PP2V3P?RH FDF(@.&;(E1"03P0HSG#]>OX4 %J7RTH9NN$7)Y'3. _4\XQ0
M&WE^!IQSNNXK+.H0@.%=P=YZ;1GA<\<=P1V(H#8UK:^OXF"QW4@<=O-8J,<\
M<'L1GT.0: _#\#5BUK5(FP;M6;^Z5+$?CWX/6@/P_ V;?7[S"^8L4@ SD+@D
M \G _P ^M ;>5OE:YL0:Q;L!YJ-$PXR@.W(Y[=/QH TX;B"7YT8#L!N W>IV
MY% ?@65X '0@=/2@!W^10 4 % !0 4 % !0 4 % !F@"-R$&XML5>K%E4?0D
M\#]* /._%'Q4\">$A(NJZ];"ZA&?L5F_VBZ.>N(HBR9//4]: /'=4_::TE6:
M+0]$N+EP,Q37<HM[=@>>0F3_ (=* .3N?CYXOO$Q:+8:<O7?%$D[C//"2$'\
M<<B@/P_ PY_B3XVO'\F36[J-N,PQ7"+'STS*.%SZ9]J V\OP,Y_$6M7&7FUB
M\E3H0EQ.C#ZH/\* $35+\D*U[=F3'"&XE$=P,=5?=B#U^8_SH#;RM^%R:.[F
M"LWVB;RTZL)'$EM[.F_=-G/5> >: )8[NXW)&)IA,P_<)YC")AC.97WX0XYP
M2.: )XKJY17=;BX5(SB9O,<%&[")=_S@GN!WS0']=B[%J.HQ[$6_O%,@W)"M
MS*JJ/O9DE!_=N.H!P<CIF@-O+\#<M/%'B"WV21ZS>J(Q@2O-<%AGG:UN6Q<N
M>TA .><'I0!UMGX_\4P-%MO3.'&56X@1D8=_-D;:8CS@]&'/&10&WE;\+G7:
M?\4+Q58WMA#+!$VV:6"1E=6SR(EQ\X_ND4!_78[2P\=:+<%(Y1)9M,-Z"7!0
M*>29'R!&<<D,>E ;>5OPN=C!<0SHDEO+'*K#*^5(I4KZX!_'B@"S0 4 % %#
M4[^WTFPNM1NF,=M90R3S$8!V(I) Z<D]/>@/Z['Y[?$OX]ZUK+W[VEY)H_AF
MSCNY5^SR".::*U1V=;@Y!/F(IV@X.[:>U 'P+X9\:?'/XK)<>*_!M[X;\)^%
MO[2O+;1;?7K.74+_ %@6CLKN]Q&S-%%<,I '3<P!X- %[Q%\1_B]%\1?!WPW
M\,7/A2PU>_\ "9UO4IM5M)9+:.]AE;[3:QK 2UM%(1E",J <'DXH [3P%\9_
M&FJW/CGP+K_ANQ_X6;X,L6O=+M+"Z9=*UA;A<Q%'<"1$?.=C#[O3F@"EX!^-
M?Q*LOB(G@?XA6GAJ1IO#-YXJN!X;F+7'A>&VC>232]48DJKRQIM0/M8R'.*
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M^"?%_P $+F;PI+\-]=7Q1/'XS228>*K;_A(?.D@MYH,8D+--LFN-WF! NQJ
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M+YURNP@;<JI"G./QYH#;RM\MSO@,>W3 Z;>.E "T % !0 4 % !0 4 % !0
M4 % %"_T^UU""2VN84DCD4J0R@]1C.<'&.V0* /FWQC^S]I&H2_:=,06TH\U
MSY.4+229/F&)1LW ]#_%W[4 ?/\ K?P2\2:,<VN+LP(\MNLH>)O.D)!\_8"K
M #YHP3G@$T!MY' W7A+Q1IA=7TQY%C">6R%V%S=,NXS3+C]XD3$JJL0 !Q0!
M4+7MJJK/:S*8CN,<D,NZ?47.WS<;1_HMNIRJC*J !F@!(]2>)E6/<PAF:.*3
M8P^TZG(2&F*D9,$:=&^ZI&,T 68]4EC4D,\AA8VT+$%3-?2L3-+CND*'Y&'
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M ?XF$?08^7IQ0']=CLK#P[KEXOE1Q2*KR,S,0R')).[@83[QPG^- ;'INA>
M+>RE2YU!C+( A"J"0''/('W<&@/Z['I\<:1(J1J(U4850-N,^PH#;RM^%R2@
M H * "@ H * "@ H ;M'H/7ICG_/^- '(^*O!VB>+K"6PU?3[:\MY1M*S1HX
M_%7''_ &!- ?UV/B_P <_L?:->3S7_AN2;29CE4\KYH4Y/*P\C'MC\: _#\#
MYH\0?LT^/-$\Y;)K?4X=W #RPR ]SG''//' H#;R/.+WP%XZT:4-=>']1B=>
M!/' DT>!T/EJ.?KQGJ>: ,4C4;4@3Z?>6Q&U?+9)%"B/D,,KQN]!QVH 2+6&
MR.1'(O E8;4Y[>68P.?_ *] %J/5<849&WY@@)RI/^WV/7 [T 68]:V_,-W7
M/G9X.>,>2._OCWH ECUAL[,MQ_RQ+XVY_NOG_P#70!<CUQ@#_I./*R/N$"W_
M -G;_P M/][M0!(-8^4*C*?,^9H1(%\X=Y ^S]WMZX% &G;ZM.QWVZRR^0ZA
M9$5B8UQ@C8L1\WTR,_X '4V-OK]T"MKI-_()V#[%B8>< <EUED ,'<[!CZ9H
M#^NQZ9I'ACQ?<&-OLB0,J?NY;LE1;ICE'CP!*^/XB"<\T >EZ5X#U)B@FEN&
MC*9F%LO67_8)Z1D]0.,4!_78]<T+X=7LGD)':B%!M/F31@'@@EB?4#F@-O+\
M#VKP[X,L=&VRNIDN5Y+, %R>2%'8?2@#M\8Z<8Q[# H 6@ H 0 <8&,'CCIF
M@!&]NW]: *<UE:3C;-;Q.,YY11UX/(]0: _KL8-YX.T2[&&MTC&<G8JC.>W3
MUYQZT <K>_"[0I0_[N/+'K(JC&.@7*A=V>NXXQ0']=CY<^/7AOPYX6T2SDTN
MZTXZN=3C5[:W>(W"JR'>TL41(52.,CG/!H#;RM^%SPO0TTR]CCM_+1IR/+1S
MPH+KYC#T^\Q&/7M0&Q[!X4^&]O?W*Q7MI;SK(5\L[G 0#H/D[].M ;'L$7P'
MLU3,.GVZ(V264RL=QQR0?KV]Z _ \3^.'@8>!;#19X#:127%S(&2-L3-''$K
M%2F=RXSQQSS^ &WE;Y6N><Z*]G=QQ6RB%#((WC=MJB,F-6;)) Y+=/:@/Z['
MT3X \'VUSLBEN[(L61N"A(SN_NYY^N.M 'O=K\,K((I-PIR<MLQMP>?EVK0'
M]=CH;7P%HUL=SQO,PP!N. -OH"!US^E '16^AZ9:8\FU12N/X%)XZ=N* _KL
M:JJJC"*$ [!=OY8Q0 _I0 4 % !0 4 % !0 4 % !0 4 % !0 4 )^GMQQ0!
M6FM8)QMEA0C/=%]/7% ;&#=>%-(N<[K10Y PZA%P0,=#P/ZT <W=_#31ISN"
MJK9.!)%$0F5YY _B.30!YGXP^'?A'1M(OKJZO]'L98+"ZDMFN/(C:1VB9L1Q
MD;@Q<X5QGGI0!^=VD:P_VB>*2Y22**6Y\A!A4"^:Z;E/R_-MY!';GIS0![7H
M7@Y-=BL[AK>.>U'*Q"90 <89G"GC+9;GUH#;RM^%SZ'TOX*65Y91RQV=F"T*
MQ*I<DJIY(X]S0'X?@8?Q!^$EOH'@_7=52&R@GL[%987$SQ2?:+?)B509%5R,
M @*O6@/P_ ^-] UN68#[7/\ O_,#?O,J_F'[\F&.=W8'KM [4 ?1G@;0;:\N
M;.5;VS:.0$K$TRY1YFP^5R=I[GZT!^!]4:9\,]/,2 SQC:@R(3G(ZD*<'/7/
MXT =1;> -'@"E]\A7;PP!'!/ICM0!T%KX>TNT"^7:1G8,+D*/T(R* -J.*.)
M0L<:Q#^ZH Q^5 $F .V/Z4 +0 4 % !0 4 % !0 4 % !0 S8N,;00/PZT +
MM'3 ^A' _2@"E/IME< ^9;Q^A_=J,_AB@/Z['.W?@K1;C_EU5/Q!_1EH Y2^
M^%.@7FXF*TD SN66WB<#'7#2)(!COT% 'QI^T]X6\&>%?"2/IUQHO]NS:I!
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M=$M1CR]WL5X/L?:@/Z[&_;Z/IMH!Y-G"NW&,*..?3']* _KL:BJJ<*H0#H%
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M&@B,WE,2@?'S%3Z$G/I0']=CTO&., !0,=L9ZT . "] %^E "T '3VQ^&/\
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M5)KB);"TM)+R6Z\Q#%]EAB,TDH=6V;2H+!LX(Y!H#;R_ _EK_:V_:AUWX_\
MQ1U?R]1FA\#>'=1GT_PUHJRR&V$%JQ7^U9K=66&>:1@=TSDG&..* /"M'?/E
M;>O8YP#^7]* /??!T</[C.,+]P8QLSC[OL>^_M0!]6_#;Q;J_@/6++Q#H-Q]
MFN+1PEQ")#Y%Q;@C,,T>=DD0&<*1M'9Z /T6UCXU6OC*WT*ST<^5!/86][JS
MK\K/=2 ?Z&6!^>%<_+&N%_VC0&WE;Y6N=YI4\<D$'EG:.R^O^\.E ;>5OE:Y
MVUIDX/H>VT8P?3C\J _#]#JH;6*>!D,2E3G*E%(+$<-UR&!Y&SC.* _KL4+6
MY&G:B="U [EXDLIWQ\]NXW.I;O)&_! ^91GO0!J^)?&_@OP)I_VKQ)KVFZ):
MA0R^?<*DTQQD"**-C.Y;HN4P2>>] 'D!_:S^"*S_ &<>)93R!YJV4YB4$@%C
M(V-JC.21R!0![%X3\>^$/&MNMUX8\1:=K"'YA';3*)HU//[RW=Q*2.[A,=Z
M_KL=K0 4 % &?JNHVNCZ?=:C>N(K6TB:65C@8 X !) !9B%'UQWH ^8KSQ)>
M>*-0DO;QO+M!(5LK,/A$AR0DK1@_+*PS@L,%2U ;>5OE:YT-LRJ%"D_=  X
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MMBO AFE8DL!T^9CG/6@-O+\#ZS@ECFC66)OE90W!]1D?3- $PZ"@!: "@ H
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M$(P?FQ@X/UH ^R_AMX@?5-,M?.R'DMH6VD_=^0<4!_78]4H * "@ H * "@
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M % 'S[^TUX)N_'WP3\=>';*-I;]=.?4K&&+/FR/IQ^TB./ /[UPKA0.3D=Z
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M@%<G'- 'S+JWP+^(-IO73O$>E:Y; DQ#5+)3=011HVU3,ZL[N< 'YL<DXR*
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M ?UV/S!U'Q'#IWCKQ1;>&W_LO2XM7N(K2"*3:&2/$<@ 4NFP2*XVD9^; [T
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MJ?RH#^NQ^+&D>.K[2M2UC3]#O98-";4KR*ST^X9KNU%FL\HBWQ.WEOB-=OS
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M7UP?2@/Z['T);M L:) 5"!0$5<#"GU ]: +(& !Z?A0 8QTXH 6@ H * "@
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MFMV<*Z!K%C<.%7]P[)!=+QRIC8@L<Y^Z#F@-O+\#T3(&.?IVZ_Y_&@!: "@
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MY<4 ;%KKFLVW_'MJVIVYS@>3?746"1D8VR$9[C\Z .FT[XD_$#3.+'QAX@@
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M]Y  =R@*3(B@$C(]Z /5?&7C&]T'2]';1X5DUO7K^QL-+LIP6:)[D(UQ-*"
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M 4 % !0 4 % &)KVM6/AS1=5UW4',>GZ/8W.HWCK@8@MHS(X5C\N<*>,]>*
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MA]JEA#(DWB#3)[O496D'S31OY9V1Y^[GCB@-O(X".XC V@A0 V#G P0<Y)Y
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M [UOC!X!&N_\)^/%FIB&/PK%HY^''V*80?;(;/[/Y>\-Y#6K2$R$!=F>0QH
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M=Z /5=!\'Z?HO[TQ^;.2I!(SL(!!X[9ZT!^!V0XXQC'8<=: %H * "@ H *
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MH&?:@#Z.\/>$[#1E#;-]P.-Y " C^Z,=/I0'X?A8[$#'(&.G'IB@-O(6@ H
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M- &]!IMC:_ZJTB3&,$H,\>A XH T% ' &,=. ,>PQVH ?T]OTH * "@ H *
M"@ H * "@ H * "@ H 3 Y[?I0 8 P/3I^% $$L$,@VRQJP[90''XX_2@/Z[
M&-<>&M)N-VZU"ENZ[4'Y*,T <[=?#K1KE&3RP$.?D=5<<]?O*O4G- ?UV.0O
M?@EX=N0V=/TY\]Y;*V9OH28V;'I\WY=* _ Y6[_9R\)3@[]"TF1CUQ:K$..!
M]Q%4<>@'/6@/Z[&$_P"R[X*9BS>%=$S_ +2\]._[U/\ T$?CUH ;_P ,M>"?
M^A5T0>P&,?AY] $D?[,'@V$@KX:TD#LJQ9 ^AP_K_>/]* -.U_9U\-V[_NM
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MXX H#^NQ>"A> H&.!@!0 ?I0&WE;Y6N+@>E "T % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
> % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>p48b.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p48b.jpg
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H J3,ROA3@ #VQF@
M"+?)ZG\__KT &^3U/Y__ %Z #?)ZG\__ *] !OD]3^?_ ->@ WR>I_/_ .O0
M ;Y/4_G_ /7H -\GJ?S_ /KT 0SSQVR-+<R"*-5+L[R>6D:J.2QR !0'X'DV
MJ?&WX?:+=R6L^M"62,-N2VC>9=R]%#@[<T <%??M,>'ED6/3-)O[M0WS-+B)
M-I/5"#N)[X- &QIW[17A:YD$=W8ZE8 )DR&/?'NZD *<X'TYH#;R_ ]#T3XG
M>#?$+I%I^LQ)<-\HAF+02$GH CD<_3K0!Z &(4%93C&01R.>>M "[W&,-QZ]
M/ZT!^'Z!OD]3^?\ ]>@ WR>I_/\ ^O0 ;Y/4_G_]>@ WR>I_/_Z] !OD]3^?
M_P!>@ WR>I_/_P"O0 ;Y/4_G_P#7H -\GJ?S_P#KT &^3U/Y_P#UZ #?)ZG\
M_P#Z] !O?IG\,_\ UZ #<?\ GHP]AT_#% '.>)/&.@^$+0WFN:A':0J. 2OG
MR'L$3.X@].!B@-CQF_\ VEO!5NC_ &.'4+J09\M!'LC;TPW!_/UH#;Y?J<M!
M^TYOG<_\(RWV54^4"YVRGT)&,9H#^NQT=A^T9X>FCA:]TO4K.0OAQP\<8/\
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MJG#1DB.48[["0P'X8H#^NQU(=^,$CT&>?YT &^3U/Y__ %Z #?)ZG\__ *]
M!OD]3^?_ ->@ WR>I_/_ .O0 ;Y/4_G_ /7H -\GJ?S_ /KT &^3U/Y__7H
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MO'<-;J;A#&9 ,XE48 VMU!_.@#M?Q^O;GO0 4 % !0 4 % !0 4 % !0 $A
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M$!E#8(/((SS0 ^@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* +-KT_/^= %N@ H * *,_\ K/P']: (<4 '3V_2@ P>PZ<^G2@ QC^= !0
M4 >._&N#PNW@V_N/$.GV]VT$+_8V=4$\<S@A?)<_,&!P<"@/Z['Y>R-': QP
MD[-[E<ME@&8D*2>>!Q0&WR_4L6LGSC_]5 '9:6>5[?TYH ]&TQ!\M ;?+]3J
MTMMR8QCCZ4!M\OU.8U'1--DU+3Y]3MC/96]U&US$)"BR1%@&5U'!&.WI0&WE
M^!^@/A&QT2QT*QBT*TM;/3F@CEBAM455 90<%EZMGEO?ZT!MY6_"YT##D\
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MF* V\K?A<^SN!PO0=.WZ=J "@ H * #I[#\J #'8?E0 4 % !0 4 % !0 4
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M8?L?D1I*BW41N8W &;<-\VTCH?\ ]= ?UV/5[%HWD+Q)Y<;9*)G[H)Z9H Z
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M=I'48ZKCWH#\/T/C3XM_$?XH> ];U:.\T^*Z\):K#)!I\R];5Y 0,D#@X.:
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MW7]&TK1],AM/#.ALD&JWD@P]PJC: I]P.!0!]C?,/O###J!T!/7% ;?+]0H
M* /(/C1XN/A3PI.MO+Y5]J7^BVZ@_,H.1(Z^AP>U ?UV/COP[.TTJ%F)=GW,
MQZDL223^- ;>1],^&K9&@1L<[0* V_JQ[)X:N'17L6^[$-T?;"'L/QYXH Z8
MYS[^W% ;>5OE:X=/;'X8S0 8QVQZ=J *=_?0:;9SW=W*L5O!&\CR2#:L809Y
M]O>@/Z['R]H_[0$A\53Z7J*6T^C2WWDV5Y#E=JLQ1&8#MZF@/Z['U-:W$5Y&
MEQ;NI1E#(P/!##/% %74=9TW1A;OJ=U'9_:9EMK8S$*)99#@(#D9+$\ <G-
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MQH#;RM\K7/RFO),.0<94_P"3[4 -@/([?I_G- &U:OM8#H!^E &W'=>7A00
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M\5W+?.>>A YXZ''X_6@!8GVM[4 :0NEB4'C^5 #H+S[1.D0;RUR S#CJ?04
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MZG:"!_*@-OE^HT$9P",CL#R/P'2@!: "@ H * +-KT_/^= %N@ H * /E_\
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M &8GICW^E ?A^!\+:UX)\26-W:"[TVXMS=SB"#<OWW8C P!SCK0&WE^!]R^
MM"G\/^&=.T^YF:2?RE9RV?W)90VQ?0#.* /B?]HT8\>2#TM(1Z=.] 'P)\3-
M=NM)\3Z4A++;&$%<Y"YSR/3- 'V)\#/%*7=O;J&7E8^,X/.,T!_78^REN%DG
M@:'&?)!?:?\ /^30'X?A8[W062/3=4>4/L2.1B!PV-A)\O']: /GCPWK?A/4
M/$7V*YMIV6/4I7DFO539;.CDJQ<_*5)[4!_78\>_:IL+*+Q)IE]8/ 8KBR ;
MR&0H57D$!#CIS0'X?A8^0M^US]>.PYH E#[/FZ?IB@#G-8U(VR.<[1N'MB@"
MYX=\0C>G[P@Y' .._P"E 'TMX7U^/RXOWG/'&<8Z9H#^NQ[CI/B) HPPP ,<
M^@_K0 >)]9CN/#^IQRD;&M9,#.,,0<4!_78X+]G:SM;SQ]!->2+&EA9RS*7*
M+'U(^;<=O2@#]&;&33I[>?\ LN6TDA#.'-FT97S2I!!\O@-[4!_78^(?'?@S
MQ*+_ %>_72KK[&LTTQF*G9Y>\DN#_=Y[XH#;^K'LWP!\-ZAINE7.K73R0VU\
M/]&MGR 5/_+4J>W!P: V_JQ\J_'#CXF^(\=-\7.,?\LE[=J V\K?A<^&/&NL
MSV?CYK>Y53:>7 (DE4%&R1N*@\$#OB@#[[^!^O136%E'$8T2,(-B8"A?91T'
MY4!^'X6/J..XC:_<QD /&CX!P2 .<"@-O*WRM<M:CK_AP^!M>DNY[>6W@D>*
M6'S$5EG&05^;N,>G>@-O(^#?B1KOAR?PMJ/]A:>+?5U@+64^4(DN(VWB.15Q
MD2(,;U&<]>E ?UV/G&R\7S^([?R[R%X-6TN.*.>"<;)&5E^41-]UD4C /4 B
M@#JI[G2(Y;1;>&ZM;&[6T;5H(WP1<Q$"2<8Z[#AA^- ;>5OE:YA^(?%4&FI*
MUJK_ -HVFJ>98ZJ7(::U"_)%+'WP,9]Z V\CSG5/%^K76EW:6&EVW]H7:7,%
M_=2_-]L@N7#_ "J/]6\?.QEYR: /7/@ROBG2Y5,EQ,-&N/(EA6:;+VK*!YD:
M@G.PG./44!_78^Y=)\0_NUP1PHZ<=!Z#UH#;R_ SO'6KQ7/AC48Y"!^Z&P9
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M[ND2!V&0DDD@"-]5)S0&WE;\+GW/\+O@OXGT/6=.\4>(/&-]?2I;ILTX2/\
M90K("%*D[1Q@=* V^7ZGU-GZ^G/'UZ4 9>H:/8:C/8W-U'YCV#F6!"/E$C<!
ML=./6@#4QM^7CCTX% ;>5OE:Y\$_M+67E>,+:;&TW%FI';.#@XH ^1?%O@BP
M\7V:03'R;J%@;>XQ@HP[<<[?6@-O(]%^#_P\UOP],@:_B>!2H5L$'&1[T ?9
M*ZKIGARW@?5K^&V>X*Q1ER5#],XYX]Z _KL>I^&KVWO-!U:73+J"X\V*18MD
MBN&=HR% &>%Y_.@#PE_@[KEQIEY#/*U@^JW.)[F(XDB2:0DLA!!! /:@/Z['
MS+\:_AGJ?PYNM-M[G7;G6;*>$_97N9&>2,I]]/F)P.: V\OP/G=FP3QWZ<<>
MW&* %,@VX]NG3_\ 50!YYXT$QLG: D;7!(''IGI0!Y[I6N3VSK\V"&'?'3K^
MM 'N7A;QFPPK2$$%1UXZ>U 'O^@^+E(1=Y^Z._\ G&: _KL;&O\ B.2[LEL;
M=_\ 7?*^#T'H?2@"Y\+_  !JGCG7WTG3M6N-$CCMGDNKNW++(T3':8P5(_+/
M>@#]#_A?\.;?X::))I-MJ=WJIN)_M$MS=NS-O;[Q4,24!- ?UV.\U+3H-2L+
MNQN/EAN8GBD /.PG.!Z[CUH ?96<%A:0V=K&L$4$*11QJ-H554 <=/?\: V\
MC\Z/C[9M;?$?5CM($Z029Q@']V.1[4!^'X'S#XO^'MGXO:V<2?9=0MF!M[@
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M=>&ZT >8:1K+6[J&)8'^$GCGV_&@#W7POXN$44<8DV[< *#C'T% 'O\ X?\
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MZ'% ;>5OE:YXY^U%X1\4Z_;:1>:2ES=:5IOSW-G;EEF293N$Z[2,X% ;&_\
ML_RZS+X6_LG51<>5()PJW3,T\,; H.2<IB@-O+\#FV^&/C3P/\0+/6/#]U)>
MZ/=R32Z@S@CR(W<L8B,_/D' .,T!MY6_"Y]'2Z%I<MI+K4&FP1ZL+6252D01
MY94C+A9" "06'?KF@/Z['%_"SQ[KWB);^R\3Z<^G7=K?RV]K^[:-6@1CL(R!
MD8 Y% 'ME !0!473[3[5]L$"_:EXW8&<?6@/Z[%L]>F/;TH#;Y?J85YXETFP
MU?3M$N+A8M1U(.;*!@1O5#\YS_>[T!MY6_"YNGCVYX[4 % %FUZ?G_.@"W0
M4 % 'DWQGTPZIX!\06R*<Q6GVC '4Q'>, ?2@-C\Q#PP&"NW@C&,$ 9],<T
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M/"BX^9B0>V>..E 'M=E;S^5&LC9"@<>^!GCM0!Z%X#TS^T_%V@V"# :]B=E
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M-J<D>=RC V,!D'ZE30!X-;_%SQ=I&DZ?966O:C:QV-U),MVLDA1XU7B%B_\
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M*R6\TF!&L[<*"YX!)/K0&WE;Y6N?IG&R-&CQL&1E#*RD$,&Y!!''(H ?0 4
M% 'BWQW\._VUX&NY8D+3Z;(MT,#D(O+@?A0'X'YWQL5<  J ^0#P0 >?RH ]
M?\(WAB90#@#;CG'UZ4!MY?@>^Z7=/<B&!<AIBL8&<9$AV\ <CK0']=CN(_@=
MX$>;4+V724^V:I9?9[MB0P_>#+RQY^Y)DGD<T 0^$?@'\//!>K6NMZ+IDD.I
M6F[9<.^6R_4Y_&@/P.6_:8\0:!I_@:^TB^FC;5+_ &K8VB;6GW]Y5C&6 ]Z
M_#\#\IKGAFXV\XY&.0.1CL<T 5P0,#(&.W3&: +")N '3']: +MO9QDCY?RH
M Z*SL8AM*I@_3% '46D2Q+T/ ^G2@/Z[%PS!4&, J#@=#R,].V: /MC]ESQ-
MH4WA^XT)9TM]<@N9I9[67$<L\;D[)$4X9T'J,T!_78^LN?8'VZ#Z4!M\OU"@
M H ^<?VD= DU#PG::O @:32+P>:V.5@GX;D= ._I0!^=NK0:M;ZIIFMZ7,P-
MDTBO;@9CN8Y%V21RK_=*G@_E0!]'Z%XYM((_#5G=*;5V6.%8SRD3-_ ,_P .
M3\H- ?A^!]$VEN+PV=JC>;%?-LQG@HW$@P.G&<CTH V)_P!GSX;SPZC%/I"D
M:HT4ETI/S*R$$M$V,KN8G(% ;>5OE:Y\\?'SP'\)_ ?A2YTS2M,M(];OQ"EK
M9HB33JL;!O/( +)R,DT!M\OEN? DA43FV!43[#*(00'$8X+A>NWMGM0 P$#
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M2$*Z*.KIZY]* V_JQY7\+/A3K<^NQ:AK5I-:BT8"VMI@<AP<M(WH<=__ *]
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MVR3)<71QNS'&P)4CLK]#VH ^];#X):#I/C6P\9Z++-I4UM;B"\LH',=O=84
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M63R@@V\J2,XZT ;&,<=/TZT % !0 4 % 'G'Q#^&NC^/M/6&[46U_;Y^S7J
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MGCOT[T % !0 4 % !0 4 % !0 4 !&Y'7[N8V3([;U(R/<9S[&@#Q7PK\%-
M\/:]KGB.^=]9U/5IY2LE[^]%M!-G,<8?(^7/&!0&Q\B_&?\ 9TURTU74-<\-
MV;7>G3S2W#6L',L.XY(1%'3)S0']=CY$U#P_J>E3M;W]E<VDBDC9<1O&>ON
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M)[25"1LGC:-N.O# ?I0!22W96V[#[<8^M &QIVF:C>SQVUC:37$S$*J01,[
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M7.* _KL:I&"1Z4!MY6^5KB4 #(C9CYV@AQG&,CL,^] !0!9M>GY_SH MT %
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MD<2[47:.G&!^@P* #I^']: V\K?*UPH * "@ H * "@ H * "@ H * "@ H
M* "@ H & ("G Y^8A0!M]"#P?RH#\/T!45#MCPJ]L< ?AVH ",''I0 4 % !
M0!9M>GY_SH MT % !0!FWDT5NVZ61(EP!N=@H&?<XH S3JNFJ<&]ME([>:HQ
MG\: %&J:=VO;;'_75?\ &@!#J.F=?M5J2O0-*@'/I[T!L/6_TL@ WEJ%SO8&
M9>HZ#&>U ?UV#^TM.7)%W:9).")(P0#T'K^M ?A^ AU/3A_R^V__ ']3O^-
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M[!_8&C_\^4''_3,<9Y]: &G0-(S_ ,>, _[9 8X^M ?A^@X:!I&.+& !>/\
M5@8_6@!XT/1U 'V"#C_IF* #^Q-&_P"?"#_OV* *.I66AZ39W.HS6$(M[2%Y
MI0L2Y"H-S'VQ0'X?@?*5Y\>-/NM8GLM#\.6,EI!.T:SS(%:4 X)P/?/X4 >Y
M^ _$>A^+4EA?1(;74+9 \R"/$2JQ R/8YX/O0']=CTDZ)I&>;"V![@Q@8H 3
M^Q-(_P"?"V_[]K0 ?V)I'_/A;?\ ?M: #^Q-(_Y\+;_OVM %JVL+"R??;6L,
M+[<;D3!_3B@-O+\"QC'&>G]: V\K?*UPH * "@ H * "@ H * "@ H * "@
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MD1=PR./F)]J /L,$8XX_3![_ *T!MY6^5KBT % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 6;7I^?\ .@"W0 4 % %&X_UGIP/;'./YT 18QGV[9&1GV'/Z4 &"
M.Q'?TZ_RS0 A&,<%1V[4 (,< <9&1VP#W]J %]A^'XG _6@!<'!(' S^&.M
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MX1GM+>T.CQQ)9<0-;2?9Y^N=QFC D9L\G>3F@/P_"QV6GZ1;:99P65E%Y%O
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MY]?Y_P"% !]G/K_/_"@ ^SGU_G_A0 ?9SZ_S_P * #[.?7^?^% !]G/K_/\
MPH /LY]?Y_X4 'V<^O\ /_"@ ^SGU_G_ (4 'V<^O\_\* #[.?7^?^% !]G/
MK_/_  H /LY]?Y_X4 'V<^O\_P#"@ ^SGU_G_A0 ?9SZ_P _\* #[.?7^?\
MA0 ?9SZ_S_PH /LY]?Y_X4 'V<^O\_\ "@ ^SGU_G_A0 ?9SZ_S_ ,* #[.?
M7^?^% !]G/K_ #_PH /LY]?Y_P"% $\(*J1@CGN,4 2T % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
B% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>p49.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p49.jpg
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M.5TN2<L/6J4ZDZ#H5:_L=, H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@#D/&WBG4/"&C)J>E^"/%_P 0;^6_
MM-/M_#?@A?#(UF5KHN7NWN?&'B7PAX;L;"TCC>6[N]3\06,:C9%#Y]U-!!)G
M*<HU*%.-*I/V]2I!SBZ<:="-/"XC%.K7E4J4^6G/ZO\ 5Z:@JE2IBJ^'HPIM
MU+QM1C[.O4=2$%0A2DH-5'4K2JXK#X2-.A3IPG*<XRQ"KU6^6G1PM'$8BK.-
M.C)GC7P,_:4L?CP(;S0/A+\7/"GAJY3Q9':>,?&%I\.QX<GU7P5XAMO#.NZ
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MC<.L5F%+*IJI3<E14\%F->AA,926(=:%2IS4:=>G2KU*7T37*=(4 % !0 4
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M9XK_ %:J8.EB98;/\!1XMX>R3'QE-2HY!GU7#9EAZ_UB"=:E5IU?J^45*_\
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M^RMHOBWX6S?$G4/AO\*?VB-$\;7<?B3P!-%HR^.M!U4?"#X:7=YXE\8Z)?\
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MU-5,ORO"PP66N-6\Y^SJ8:FL9[!U:E'#XC&8FGA/987V5&G[;7FGI!0 4 %
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M,TY*/+,QW22B7F<RR,?G:0#GVH ^KOAOXGNO#VH6.O:*_P!GU&RDRS1$(EQ
M,&:VN0A\N>*:%7!>7YE=4]30&WE^!^J'AG6[3Q%HVG:W8\VVHVD5P@!W/&\@
MS)!*PR,PN& Y& >G(H#\/T$U+Q1H^B745OJ<DED9Q^[G:WN'M22P 5[B*)X8
MC_$?,=<!23@"@-O*WX7-RTN[:]@BNK.>.YMIEWPS0L&BD4DC<CKPPR",B@"Q
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MX=:[%\>#\1R]N= _X0:+PVJM-MOA>Q3^89'C5F$D3J,\A<,<Y)'(']=CW6@
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MV/\ LY_'?2]'MH? GC.>.REDOY/['U8%H]/87#($M9^,6QW$[9)=B9&W.6%
M'V/XTU#[%X4U>XBC6>1K&:&U! \N26['V:W(.U_E=YE:-E&'QN4X!- ?UV+O
MA#2FT3PYHNEMD/9:=;Q2YP?WS()90K#'RK)(PZ<\>E ;?+Y;G34 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 59[9)X9K:6,-#/%)
M#*C8(:.="LBD=.A_&@#SGX;O):V&K>%[F0F?PMJUUI\?F<.^ESL;BP()QE!&
M^P,.FS&0>"!_78_/_P#:I\3:CIWQ@O+>],L5K:Z%9?V2CN5A%O*/W]VJ_=!\
MT&,MC.3[T ?+UQXC-TV-[ @9P">GJ/6@"H;MV^ZYQ^7Z4 ,\UO[[?F: %\QO
M[[?F: #[88",N5 P2!GH/I0!F:IKR)$T>0R,K*RLK8P0001C./7\Q0!^EW[#
M/C'4_$?PXUK2M2DFGM?"NOBPT>ZFEW'['>Q_;)+*.0GYX[68;4 )#!L+G% ?
MUV/N+('MZ#I0 M !0 4 % !0 4 % !0 4 % $;L !P "?XOE  ZY/&#C./4T
M ?D]^T3XUU&+XP^)+*_>=5TF#3[/2H'^Y:6,L+3.T..'$LGS-(N<YVDYH#;R
MM\K7/HSX$WT>J_#*TD%RT<LL]_"YAD6)@[,6A+$D,K \J3@9H#8[[PF=4LC/
MIVNW?GZH6-[)<QSAH/LQ8P6T(,9(,@BP\S#C).[F@/P_"Q\ ?'B=!\4/$ODO
M!L\RV4B%MVUTB ;:PX.3]['XT >.FX*_Q$#_ !H E%]M _>$<XZ$=>?PH Q=
M6UE8D=&<@ ;U8?+L:/\ >HX;(P0Z+MQR6P!R: /T@_9X\?:M\2/AM\/=!U*Y
MENM0LO%=]97][*Q,USI'A?\ TJW,K'Y9$>2582<G;Y:*<%AD#;R/NR+ '!.&
MW,,C&%+%@/;&[&.N!0'X?A8EH * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H 0]#_G]* /++_'A[XC:7J1#+8^+[$Z+<G&$34['-Q9N
MR?PF>,M'YAXR-N<F@-O(\J_:8^ UG\7?#3:EIT@TWQCX;L[J?3+XX5+RR0/+
M+I5X>C),4+1,W$3D$T!_78_$BWUJ2VN'AG:2&XM;FXMGBE1D'[EVB<;CA6*N
M"!C[W!'6@#I+?7L+DML4#.6^4''IZT 6AKR[=P<8'3@@\?[/J>U #?[?3!VN
M.%)X'3 R<XZ'U% &==>( @R6VC!(SD#&.OL/4T 7/#?A7Q9X\OX+?0K"Y:WD
MD4-J;1,NGVJ%@'FDG<+&_E EC&"2V,#- 'Z-_#+PZ/AIX3L_#FEW]PI5GO-0
MGMV,'VC4)& :0#C[B$E6Z< 4 ?3'@#XAW,=S'I&M3-/"[HEO<R9,B,Y 7>P[
M<\F@#Z$5E(!4\$ @]B&&1@_2@!U !0 4 % !0 4 % !^G],T <_XCU^T\.:5
M/J-R<>6"(8\'<\I(50 .?O$'W[=: /EK6/$_B76+F2>2:^ACW?+! 9(HDR-T
M(.W&=W&2. ?O4!_78^9_CA\,=:\>21>)-'EF?Q+90?9);:561-3MU(%NK2L!
MF9%R(USDGCO0&WR^6Y\:)XC\;> ;B;1+BYUSPQ<Q2;I=-FEN;(^9D[I(T?"F
M,\D.APPZ4 ;,/Q3\6,(RWB;6&*X3>E_(7D1B6*D'&5!]Z ,F7Q!)<R27%Q--
M//+*\DMS<2>9*S,.DC$Y'MGK0! ^M(%.)5)'\*G+#KS@=O>@#*GUWY3M?@$\
M#(.0">G;O0!K^!? _C'XM>(X/#?A*PDO[B4HUS=!2;/3K<L-]S=3'$4?E [M
MCG);:G5A0!^P_P !/AGIOPYGN]!L9/M<?@_2[+1Y[X8$=YKFI*E[KMXBCYHS
MO58FS]X#TH#^NQ]/1MZ J ,# ^7@G!4]#D<GTXH D)"XZCD#@>OL.WJ?3F@/
MZ["*R_PD<#.1TYXZB@!U !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % $7G1@[<X8+OVX.0A.-WLON<9H <'7..5Z 9! .1GC\.OIWH X#XCZ;
M-J'A6^FLHY&U'1GBUO30F!*;C3)!.43G.V6(.K8X8?44!_78Z+2=0@\0:'8W
M\1Q#JNGI(VT$ ?:;8B5<=5"2.5![D4!MY?@?SW^/-"CT3XB>,]#NK;;]@\1Z
MHJK*,8B>[D>/!P.71@RCTZ4 01>$M-NX%DBDN;-SU,3Y49[JC=".H]^M %RV
M^'37 *QZQ<;3D*9XU8@G@':O?/.* /IKX+?LB6?Q._M>\U7Q7J.G:;I;6D$*
MV-E#&\\DPW3$LYQO10?E/1BN>#0']=C['\)_L0_!;PW-'=:A:ZGXHN8BA!U>
MZ*0EE(/SV]OB-E./F0\$$@Y% "^/%T71]57PWX:TVQT?2-)B$0MM/MH[6#>J
M@MN* -*^.A).3UH X/S1T!(4\$X(.#UP* )%N#$(Y%D:.2%U=2N=V%.> .2?
M:@#[,\!:T=;\-V%TQS+&@BD/3E, $_[1ZF@#M: "@ H * "@ H * &L0JDG(
M ].WX4 ?.?Q'UUKKQIHVB*Q-K975M]HB !#F0JS AOE;"\_7@<F@/P_"QU?B
M-KJSDTMK:.2ULVD<W\EG907,MNJK_H^Z(C&R0X$C'_5*2W:@-BSJLMI=>&-1
MO+=HV7^SY9HIUC19-T7 ?RX5&R1'Y !W#J* ./T[P-X"^+_@^VA\:>&M,U:[
ML<V,MX]LBWJ;1F-X[A0)MV#G<Y)';)H \*\4?\$__AU?LTWACQ)X@\/MEC%9
MR2K>6BLW3#.!,@!(VJORXSGB@#\N-0\$>)K+QUJO@*&1;O6-/UZZT2'="Z/<
MM%*8X69,@?./F5^A7YNE 'M\/[(_Q?<#[5%I]HQV9B66(2 28P<[P-H)^8]C
MUH O7/[+?BCPK9MJ_B:VFGL;279<QQS1E 2,!OW9+!><*_W>3[4 ?<?[)&@:
M;X:T;QGKMM:)9Z?!'#&OE(%98[2![FZ$K !W;,28&2'Y(&10!],_#2UGM_"_
M]J72(MWK^H:CKTJQY!5;N1S;)ZEQ;+'@-PN[;UQ0!Y/\)?C=/XM\^^\4:_X0
MM;:YO[K3M.T?2H=0CU.RNUU:;3[9=3FN%^S8E2W;<R-@.PP=H(H ^B]-UFPU
MRSFN=&NX;N*.XNK-+A<FW-W:L8I5## E2.0')C)WA6QF@/Z['"?"3Q7KOBS1
M=<F\16^GV^J:)XMU_P -2MI>X6EPFD7*)%*J.2Z/LE D!ZDY% ?@>JT % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?(WCSQ/XQ3XZP>'K#4?
M'EOX8TWPKH^N36_A2STFXTP3RZK+'=2:_)? SK;>0C96(@[.G:@-O*WX7,OQ
MY^T=9WGAG5[71_#GB[1YM2TK4=7\+:]-;QQV6NV.C:A#;WUSILD<AG1V)V1Q
M2*A<.I/R9H#;R_ ]Q^&GQ#@\<VU]IM[X?UKPSKFBVFF_VIHWB&.$7;VFH68>
MUO4:!FC:*]3+#H3G!% %GX=&329_$O@Z9F_XI[5I)M-W=6TC4W-U;!!U\N&1
MG@&.%*@9H _+[]MWX?S^%/BG:^-+:VD71O&=LES--LVQ1ZQ9#R)K9\#"2R1D
M3*I.9.W- ;>1\W:)>(Z[0_RJ!D8P>3P !_$?2@#TW22@4%-S-E0D:+F1W8@)
M'&@Y>1B0 @ZD@4 ?J)\'WT3X9_#K2H-8NT35M7636KZTBQ)/%-=898#MZ,B!
M0%.-K,1VH Z>\^,VFQ96PT^XG!! >:18MI(X)C.2<9SM'7I0!\\:F/[2U&[O
MY9G0W=W+<LH!_=AON*/4>PZ4!M\OEN9KZ>,_N[AAZ<$4 5WMY[8;E59<#(^<
M \#/"^OM0']=CZ,^ ]^SZ;JUDQ;;;3Q2JC_*R"7.,+Z9Z^E 'T!N&=HSTX./
ME^F>F?:@!U !0 4 % !0 A.!Z ?I0 W> N0.<'"G@_E0!\(>*-2N;SQ=K%[;
MF0O'?Y@DP $:WDVJ 6X#*PY7^[DT!_78Z2/QSXQV%9M6AC62/8RI;1%W7&TJ
M01V'!/IF@-O*WRM<JOXCUR;3SI;:F5M6!4Q16T<0"%M[@E,,<GG'?O0&WE;\
M+F]X"\9'P6MW$87O[>[</Y:MY<BRC@M@Y" +R<]>@H#^NQ[%IOQ:\-WC;;O[
M18..OF#?&K'&,E<<9YSVH#;R/SY^-7A73_"/[4/@GXAV=Q ?#'C34[*[EOT>
M/['!JT"&":.5ON0F1,.K/C>^5X(- ;?+]3ZU\30V.J7NFZK8:_8XTUVEFLQ>
M0N-20!GMX2T<X +L?F&/E R>M '-?$'7XKKX9ZH;F6TMM3O$%I%I]M/%-/+=
M33!+>%(T=G8Y"GC^$,2<*: V^7RW.PT/PY<>!O@QI/ATY76O%,^G6=T0NQS=
M:].BSH<8.(+59-[XPJ\D8- 'T5:6,=G90:= /+CMK2.WB&/E40PI"F0,=U5_
M?)H \IT_X-Z;;?#.;X=W5Q&TDUM>Q'Q#9V=O::A'<76HW6HV]U%)&HD\ZREG
M'EL[DL >1F@/P_ W?#'POT/PL?#DMC/JHG\.Z0-+BC&ISK87A?#7-Y=Z<I%M
M)>W$V9FN2#)\[1YVL<@?A^AI^!/![^#+?Q! UXMW_;GBO7/$V5B\OR'UF:.5
MH!ZB,1+SCG)S0'X?H=U0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M2U!5FX #8(.>_0C'T"GZDT!M_5A] !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 'T_"@#BO'.C/K/A?4K6! +NT5=2T[Y]H%Y
MI["Z@^8 E=[(RG [XZ&@#0\+:PNO:!I.JIG-[8P/,&4*R7"J8KF-UR=KI*K
MKZ<GK0!T.UAP" .@QG/Y'C\L&@#X0^-6E7^B>,;V^GC;[#JCI+;70+D,P',6
M3P'SQMS0!Y#_ &FHZ.!C@KG!!]"#CGVH#^NPO]ICU/\ G\: #^T3ZT ']HGU
M- #1J@.0"V5S\N,,?91GJ>W(H LVT\][<0V=LLDD]Q(D421(6=C(P4%%ZD#/
M)P * /MGPS\)["RT&PBOKR\%V8DED"L-J/*N[8 >>,\C(YH#;Y?+<74?!&M:
M"/M>A:G+(L8,OE$%9%V\X5%XD)'8XXR>U ?UV+>G?$O[/;HFKV$S7<(*N\"[
M20O!W D!9#UVD'O0!HGXIZ4%#"PO5'\)+1[2?08YS^5 !_PM#31@?8+I1VQA
MOR4-_AW]* .>NM;\0>,KQ['2U:QLHU!W#<IP3G,C+]WH. >O% ;>5OE:YN6O
MPR@*(^H:E</<$AF\H!<'/(!;.??V/K0!X7\9O LGAE;/6K"2XN;!@8+AG!/V
M9V<;68*,(C$A=WJ<$4 ?/8U+I\VTL2%4\' YW  _</8]SVH #J.W^+IV';/M
MQ0']=AK:B"I7)]ACOVXW#\\^] 'OOA?XE>"K;POI>BZ^+L7.F2O/$;'='()O
MX'653D!2<L ,$<4!^!IV?Q+\"PC_ (F6J:UJGV;4!?Z:9HG5[0KPD3/G]X-O
M&[M@<4!M\OU/$_%WBBVUSQ'JFIV:3+;7<X,*R[E+E@%&U=N2?;/)- 'V+\#M
M&O\ 2?!R&]#1O>W3W4<3EU>.%Q\NZ,GY"<\#!!'6@/Z['I>KSZQ:+'+I>G0Z
M@H#">)KCR;@ ]/)R-C=.1D-G&.] '.^#['5&U;Q+X@U>PDTVXU2XM;>SM99$
ME>/3K*';$Q*$^6TDCR%XP2.%.3D8 /0* "@ H * "@ H * "@ H * ,37_$F
MA>%-/.J>(M5L]&TY94A-Y?2B" 32Y\N+>?XY-K;5'+8.* +&F:QIFLV%MJ>D
MW<5]IUW&);6\MSN@GB.<21N<!D)4KD?Q<8YH @UCQ%HGAZ&VGUS4[328;NZB
MLK:2]E6!)+N=PD,"D\>9*Y 09Y)'- &PK#G (QZX&,\] ?3!^A![T!MY#J "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H 0C@CVQ0!Q^N>!]#\0:E9ZGJ4,S7%E;36B^3<SVHG@F*L4N!;O'YJH
MR\*V006!X)! _ W].TNTTFW2ST^"&SLX^8[>W38JL3EFSG)+=#[4!_78TC^7
M]* & $< ?CD\_4 4 (\:, &1#CD!E4@'V# T >2_%;X6:7X_\.R6<=I:P:K9
M;[C39_*13YBJ7\ABJ9"2OA3['\@#\Y]8\*ZQX;OI].U/2)[*ZMYS''Y=DVVX
MC!QNB9%;(;MG /% ;'MOP8^$6J^)-7M-;URPFLM!TZ1)T6YC:.6[GC<.JI%M
MP\9P-Q+ C^Z: /T!BC2****-=D<<:*B#Y=HC&% 7C P* _KL07^HVFF6DMY>
M2"&W@1F=F(7D?P#D?.W8?K0!\U>+/B=J&K2/:Z9+)ING*S(&CP)[@ X.<-\@
M.,@AC].: /,Y+UW;+/+(Q;)>25B06."0N<9P3WH ]F^&OB_[/#?:3>.\L%G;
M2WEEN; 40KN*.-PQE@, 9!ZYH#8\NUS7Y]<U.ZU"Z9QYDAV(CD+&H/R!1VX'
M8T 0Z=X@U329DGL+VX@D1@5&\NN.F"A."""0?3.>U ;>7X'T9X'^(MMKX6QO
M]MOJ2 *"" L[!2>,L/F;!P,=3B@#U/(Z 8[$=,'J1]<<T >?_$?P-:^._#5W
MI$X"7*CS].F &^WNHV5E"DXPDP7RY#V5B<'I0'X?H?FIXG\)Z]X7U";3=8TR
M[BEB(C%RL$LD$BE\ Q%(R'## )(7&: /1?A/\'-1\9ZS;7VJ:4;#P_:2)+Y\
M]MY+7/E?.%0$<AV !R!P: /T3M-*TZQA@M[6QMH(;>-(8D2*-0B1@;3PGWCW
M_F: -/;C&,+MZ <8'IQC^5  HQGC;Z8)_EQS0 Z@ H * "@ H * "@ H * "
M@ H 0G;ZCG&!0!#-<P6L3332QP0QYW2RR1PQ+]9)&1%YXR2!GO0']=C-@UG0
M]0D6*TU/2KR6-@WDP7]C<2Q/SM8)%-(ROU Q@_>YH#;RM^%S1(VXP%!SG:">
M&8\]L#*YQP.<\T!_78BD6*2,K((6B0@NDJQO$FUMZ[EZ;@P5AU*E<CF@/Z[%
M,:YHD,GV=M8TM9]W^I.HV@E!8Y_U33+("68X4*3V H#^NQJB1<@+GYN5(Q@@
M@L",'H0#@D#/;- #P>O!&./3WH 6@ H * "@ H * "@ H * "@ H * "@ H
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MPZ4 5+>^M;DSK;RJYMIF@G"D?N9E )1P#D$ALCCD9H#^NQ<^GX=J "@ H *
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M[Q^6ZB#.\_*1\N: /TT&>>-O/'N.Q]N] #J "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H \OTO_ )*CXJY('_",Z/T[?Z9<4 9WQ@\7_P#"-^'_
M +%:S"+4-48P* 0)$M\8D<#.02/NX'U(H ^,_MAR/E"@;\X/4R'<SGI\Q- "
M_:Q_M?I_\50 OVH=!D>F<#W['OV]Z /=/@EHO]IW&M7KINMUL)K2)^1^_G&T
MA>",Q@G?SG/3- ?UV/'M;MY='U>_TV9 KV5Y,"''1"Y8<$KPX^YGKUH#;R_
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M,;L!@$C>2,]N,T!_78_9A, M@;<''7_@7Y_,: V\A] !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MRPRV\<C'- ;>5OPN?*NIWEKIMK'8:>/+CMTV;=NQBQ'SRR'A2\A_NEN!SC-
M;>5OPN>?7=PSEB"?F]>.>_KUS[4 8EQ,(DY/0'I^'3I0!YYK-^O[S!(VJT@8
MG;LV,N20..AQZY[<G !^MG[#G@#3/#_PK_X3"*:*[U3QK/)<32Q'<;>TM9'2
M"T8E5*7"EG:9!E,;-K-EL 'VXG!?'3=].=HSCVZ8]\\4!MY?@24 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 A. 3CH,X'MVH 3<!P/;@=L^N.E #J /+
M]../B=XKVCE?"VDD#W^U7)  ^M ;?+]3X \5W;3>*O$$S.1(^K76Y6/*B-B
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MP!@#\.N?>@!U !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M%O?*C-!<J&^4HRCY25Z^8%R>!S0&WE^!QGVAN%499@-J*09-S<*HC!+$DD<
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M 4 % "$XH  : %H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M5!H 6@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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MK+D<'>"27/W23P: _KL>LKW[<GVH =0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M'F.D_P#)4_%'_8LZ/_Z5W- '8^(M'CUS1-0TJ8#%U:O&F?X9-IVG_OK'(YH#
M;R_ _/C4XKO1[Z\TZ\0PW%I*UM(K D@*Q\L#_?7!#=/6@/Z[&:;I@._'T[T
M/2[*?/R /X> <=#C\Z &B?.[Y=P',09@C+W(W=!GG_)H ]T^$2F:'Q).MO'+
M=6UIYL$;QQR>64B9E =@5!W ?[WW1R10!Z-8ZS9G1Y+6>X/]OO;23_9YM,1)
MUN"CNB6T+Q O$JCGID98=* _KL>1_$F2=-,\*WEW;)!J$]I/'<8MQ:R-\Y"L
M5 "C.>_3- ?A^!=^#'AZ76O$ U.2/_0M) 8%@2#,592 1\I.3QZ=Z V_JQ]D
M!<8Z #(&., G(% ;>5OE:XZ@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * (VX(Z#L<\#!Z@>YH#^NQ\Y?$'0O$TNM7.K36K3V4:&
M*Q:#+BW@'!$B#G>>N5&,4!MY?@>8[=H SC;PP8%61NX8'D'OB@ * '.[Y5&"
MH!&">1D?X4!M\OEN>K?":[,&LWMHWRQW5J'C7[NZ2-CGY3R3MQ@CI0!]#KGG
MC SD>^1GC'UQ0 Z@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * /,=)_Y*GXH_[%K1
M_P#TLN* /32.,8_#I_\ JH ^9OCG\/Y+N ^+-&MW:]@&S4[>!3^\ME&6G('5
MTZYQGTH#^NQ\@B\1<Y)4C<%4GJ5.&7_98'^$C- $;W@!4 , W09 QQGIZ4!^
M'X6)1= *5VM@@C&0.N?3ZT!_78Z3P]XXUSPL;AM(F6$W*HLRNNY&5!P-I]^1
MGN!F@#I#\7_%OVHWQG@-V(UC6<VT)F 7@*K[<H-N5^7!(.#QF@"C<Z[XL^)6
MLZ9IL[O>72?N42*(QQPQR-N9FP, )&&8XQG''6@-C[J\#^$[;P=H=MI=NJ^8
M )+J8#!EF9<L3GYL G@'O0!V= !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % #2O(]@<*>GUQ0!'M_A8+MVG<,90CI@JW_ZJ /%
MOBC8:#IFGP2QVL4&IWMVL5O';XC:8GEI'4]DZ9 ]J V^7ZGG.C>"M?UQU-O;
M-;0!@K7<P*( .N$X9L@Y##B@/Z['N?A;X?Z?X<F2^\^:YU!$9-\C?NH]Z@%4
M7KM[\G.2: /0%!'' '8#MQS^N30 Z@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H 0G:
M"?[HSB@#R2UU+3]-^*/B-K^\M;$3>&M(\G[5/';B0+<RN^QI&0,5#\J.>* /
M58+B&YB26WD26&09CEB=7C=?[RNA92/QH ?)&KQO'(JLC*5="/E96&"K \8(
M)!H#;RM\K7/CGXO_  1NK:>[\3>#[57MY$>?4-)B!!A<$%I[1<XW'.2@&3S0
M']=CY.ED,5R+>3=%+#N#QL"KI(O!C*<,#G//3B@-O+\!S7 0=3GNHSA1ZLV<
M+^7?% #1<C@*6SZ#/^- &YX?T?5O$NHQ:9HMK-=7<C[,1HQABX)=I)L;$V*&
M8 ]2 !R: /O_ .%WPML/ MBMQ,WVK6[F)6N9Y "8&89*Q Y9>I4GT)H ]> (
M]!Z]CG^E #J "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@!I!_A^4CUZ8/TQ0!S][X8TK4-3BU._A^U2V\1BMXI>880S!V=4
M_OENAXP.* _KL;<<(B7:H554;4C0;(T4< !1[=3ZT!_78F48 'IZ<=: %H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@!&!VD*=IQQ[?E0!B:AX;T/591-J>DZ??2
MJ@C66ZM(I91%VC\QANP#R.>_2@/Z[&E:V5M8PQ6UG#';6\ VPP0J(XHU/947
MC!H#;RM\K7+..W;\J &E!S[\'/3!ZC;TY''XT >(?$/X%^%_&B/>6\2Z+KB%
MI(;RQ41)))C@SQC 8L"<GN3G% 'R3J_P!^).EW36]OI2:M"LC>5=PSA1+'SM
M$B\[>H))XR.F: _KL=AX-_9I\4ZE/%/XNEAT6T5]S06K^;<&/:?E4HRA"6P#
MD'@F@/P_"Q]C>$? _A_P59I9:)91P *!+<%%-Q.P'+22$9Y/. 10!UX0*<@
M'N>0?Y_Y_&@/Z[#Z "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M1R)T)256VGN/W>X9]LY]J (+O4K/3[:6[O;B"RMH 3)/<RBWC3 R06D"]N>
M?I0&WE^!Y-/\?OAE'>FQM=;?4Y%+!I-*M9;N",@X.Z5=@&#G=@$#WH [N#Q+
MI6O^']1U/0K^*YACL+T[HB1-;3QVTK 21G$D3J0,;E 8\JQH#;RM^%SPJ"TT
MWQ3\#]$O?&OB75],T6T$^K:]+:Z@;"\U2"UN;G9I<EY%(LL<=R^R".-725W(
MC&#B@#LO@5:ZKHWPTL)->-S96TL^IZEIEKJMU+-=Z3H%S<2RZ9:7EU<R22-Y
M5F4PSME%PN#UH#;RM\K7*FI_M'_"_1KT6$FHWLPCFDMVNK6R>6S#0G8Q28,
MZ[@0" /7D4 >B^%_B'X0\8PK)X=UFUO9"I;[)YBPW:@$@[H'(.>#T)XYH ['
MS-H8E=BIDEF8*F!U.[MCON"\^HYH J0ZKIT\GDP7MH\HSF&.[MGE4 X)9$E;
MCW!/OSQ0!>!'3IZ=A^'^?IF@#PWP1JMK_P +-^+NEW>J6Z3'5=!6RTVXO8UE
M:%]%C$YM[1W5]I;J8N,G)')H K_!2R@TZ?XF:;9^<MC9?$'4&M(I9Y9Q!%+!
M%,T432$L(?,9F502 7;K0'X?H>](,*![9_/GVH#;Y?J.H * "@ H * "@ H
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M* 2J@Y5@I P,9[\XX'M0 _)&!MQ^(_/K0']=AU !0 4 % !0 &@"%I0BACL
MW '+JH&3R 6*C<.3CT% ?UV&/=V\<L<#30K/,&:& R*LLJK]]XH\[W0#DLH(
M]30!-N..F #WRO!],CU_SS0!$MQ&93$C1LZ$!T216>,X).]%):,#@9<+RP'<
M9 _KL3 \\=.@/?/<8^E #J "@ H * $)P.GX?7K0']=AN[I@$<_Q KC]* *6
MHZA:Z5976H7\\-I964+SSW$K[$BB099F)P!_= !R68 =: /D3Q#^T'XDU.:X
M?P5IUMIVD6\K11WVIQ%[ZY*;MTK69 6.%\;HB';<A!;&: #P#^TM<_V[9>&_
M'UO;Q/J0/V/6+)/*A1]ZJJW,. L*L6P6W\'''.* _KL?8T<JR -&5:-E5T9&
MR&1U#(P[88$\@XZ4 2$X_IV__50 TMM. I]>P'YG S[?C0']=AP/MC^7Z4 +
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0!S/B[POI/C+0=2\,ZY;1W.EZ
MK:R6US$X&Y=P^6:,G[CPMAU(Y)XR.M ?A^!^ WQ?^&C_  Q^*&M^"S?I?6FF
M.L^GO&%#Q6]T3-$LZ!F"3*K ;=QRN#P>  .TBT,2 J,*4R>,8)&.GZT ==IU
MOYLD:X)& &./N@GY<#W).>E '9:K>IIMI9Z0I7?/)'/<IM!'V9,DQL/XA,RJ
M3G'EE 0#NX /J3]FOXVKHM\_@G6Y+B?3KV.2XT-4S)):W40+36T:D?ZN15#*
M-PPQ.%- 'V+-XUU'4U^S^&]'O-\O"7=U&T:Q@CEMFT@,A)(&[!&,GF@-O(\/
M\>_ [Q+=ZFOB_194O]8NPK:S8R.(IV*J%6:V?+!WP2!$=@7^]S0']=C/\/?#
M+QU<W8%QH9TV&,*D37\B1;$S^^;$1D#-,"=W2@#W2U^#_AV\TB33O$H;63.=
MS+N:"*U<<*+948X>-?D,K9WX!VB@/P_ \JUG]DKPC>3,VD:]K.D0%\BT3R)U
MAC;DQI)*-^UC]X< YX H [GP!^SYX2\#7EOJ?VR^U[4K)F:PGU(1^19;CR8K
M6/\ =EUZ1R$AD]": />0A'&>A..,8!Z#Z^_>@/P_"QRWBSP5H/C.P_L[6[8R
MQHXE@GA;RKJVD'\4$V&*9&-R@8;'- ?UV/+[/X!Z18W+2Q^(=6>(ME8)8H"4
M0<)$LNX-L"X##:-Y^8\F@#NK;X:>%K6'R_LLLMP@/DWLTI-S;,V23;E0HC7<
M2=A##MF@/P_ Y?5/!&MV_FQ0);ZS9D_*SL+2]5<!E78 Z,R2%B&WC>,$A2<4
M <%>_"C5_$SK:2VAT+3RI2]N[J4-=,"P9DC@7"N)<??\P$*PX[4!^'X6/2K"
MXU_P-;Q:7=6<FIZ1;)'!97-L69X;:- %!3:>@..2.GI0&WE;\+GD?[0O[0UK
M\/?AYJ$^B0WL?B36"=(T4RQ%$@N9DQ)=$X/,",2O !;!W#% ;'Y-^!+^\AU^
M75-1GFF;5&D75[BX=I))Y)9&<2R.W+$2NQ )QM(7. * /3M=L/)E 1=L9^96
M"X0AOF&.3@'(/U)H#;RM\K7.)O(V,;JRA3R-HY ^G3\\4 >=7+/I^M6-[%A7
MM;J&8DDQ[8XIECE0DC&'#;BPS],4 ?N+\"OAW:^&]!LO$UP(IM8U[3[:Z@9
MI2RL;B%)884<$[FF5MTC@+@Y'- ?UV/H0=!C'3C'3\* %H * "@ H * "@#Q
MW6-.L+;XGZ-=:M;0WUIKNCRZ78"[#2P66JV#FZ5(823#NN;<G+-$"I4;<YX
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M/-<6<,\T*\+#+)'&[Q@'YL*S,%+ $J,D F@#1H * "@ H * "@ H * "@ H
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M&.A]<=/PR* .;\5>)]-\':--KFLL5L+:YL+5W1<LLFH7<-E#\F<?ZZ=!U]:
M.,^('Q5L/ %S%:W?AKQ+KD*V3:GJMWHU@EQ8Z)I4<JQ2W^I2RR1HD,;MEUCW
MR;>BL>* _KL?,?[:O@75?&WP]\+>*_"=C)J%GHL_]J7=K8P[;B?3-1MXY(;E
M8E&_]TC"0C!;D@XH#;RM^%S\Z=#TX&W2+>N=B[PP,<B,IX#J^TJZGAA_>S0!
MZUIJMJ5@=-NL-<PJ%MI25*3HHX12.1<*.L9XP!S0!R&KZ7):NRF-U1&(Y7!
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M203B20EA^'S8Z4!MY?@5)-5UO2=1BUS17CTO5HI%9KN65B]V@(VVMRBD1.I
MV\KD]<C'(&WD?:O@/Q;#XS\,6&O0HJ2,AM[V)<A8+ZW8)>H.,[-WSIW(./<@
M;%+QT(M0D\-^%VR#K.LQ331)_P M++256_N<_P"QO6/KP2/6@#OXT"2.5V@;
M47 &/NYQQVPC(..M ;>5OE:Y/0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0!$V5)8#=A0 H S][DCIV- 'Y?\ [5_[./C&\\<W'Q+\"Z.^NV.JQP'7M,L-
MIU&VNH!Y7VJ&'.9HGA5-P'S!]P&10!YK\./@/\5/$UQ;1?\ "+WFBVN\>=?Z
MU$;&*W4X!<1R8EDPISA5Y;('% 'Z)>!_V?/ GAW0WL-9TRP\47UXH74KO4K8
M31-A0#%:12']Q&&RV]<.Q)Z 8H#^NQ/+^S/\#9+HW3?#K0,\9@$#"V)'.?)#
M[0QXR1C.* _KL>JZ'X9\/>%K)-*\.Z18:-8J/DM-/MTMXR%4#YBGS-Q@?,2>
M* V/&;R7Q?X>^+GB*_L? FK:[I/B/0-+LK/7+&6Q33+*\L_/8QZI'/.ER$#>
M7ODBC<%7P.<X ,'X<:%XQO/BOKWC?6O!VL^%8KKPU'H^JKJ^K0:G97NH6]UO
MB/A*"-V;2],>((\L;!#(QDW#ID#;RM\K7/J&/&WY?7MTS@ [<<8[#''% $E
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MQ^079>&#SDESD<'A>* /L7P_XHTKQ'!YNG3 NH_>6[_+-'GN5_N^XH Z(9]
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M H * "@ H * "@ H * "@ H * &L@/J,="#M(_$4 &W'0[?P _S_ %H#;R_
M;Y8'4G.03U'(& 0,X!]P* _KL.4;1C)/IGJ/QXH =0 TKR"#@C@'T!()&/?%
M ?UV&^7UY(W=> ..2!CIP2>U ;>5OE:X"/!)#;?H .!G ],#)Z 9SS0'X#E4
M(,#H.W0#/]T#@#OCWH =0 4 % !0 4 % !0 4 1M$#WP5.Y20#M; &X ],#(
MQ[DT -\D+T8@#)4=-K'.3UY&,#:>.* _KL2@;0!_=&/3]!P* %H :5X(!(R<
M_3/84 ,,797=!_LG#9SGANP_V<8H 1($CSL^3)).%5=Q.>9-H&\\]Z V\K?+
M<E4; %'\/3M^G:@!: "@ H * "@ H *  T >5:JBZ!\2-&U=?W=IXNLG\/WQ
M/W#J5D#<Z62O #,IE3<W)& .] ;>7X6-_P ?VD=WX.U^"2..4&R;,4L:21OM
M=<!HV&T@@[1GIP>M ;'P]XV^$.CAO[4\-W?_  CLLT4<EQ:PI'+;S^5;J68%
ME8VX9R0?)P%'(YH#\/PL>&W7A_Q3I9G633?MEO;*)&N8=2D($;<J_EOAG.#G
M8,%N@Y- ;>5OE:YFM=7%M\L]GY3Y1 );.8CS),-&#\_"LA)R.<T!MY?@:&E6
M&M^(%D;0M%O=22)A%+)9:;>&!)PC&2)GC;Y=K +QS@YZT >AZ+\#OBOXBDC0
M>')]#L77_C]O]1:WBPW!/V4EIMH')0_,PX'6@#M-0^"FD>");+_A(-3'B+Q%
MM6Y6.-(X[2Q@#?N_E159R''WI"25^;O0!JI*L:B-5"QJ1MC4[%5%Y6,*N %4
M\^_>@/Z['0:#XDNM%U2VOH&"!98A,@9HT>$,-R,$/0CK0!]FZ9>Q:C96E];N
M&AGBC=&'NOS X[@Y_K0!I4 % !0 4 % !0 4 -8<$#CT[?3\Z /+/B-XC^P+
MI^@V\LD%UJTL22O&2KPV;2*DCIC^-SE,-\N">] ' ZEX*\/:=+96Q75;V]O'
M86T,4L:L^Q?,EF9F(4"-<NZYY4$#DT!L2:Q\-O#\>DWLLJS7<:VLES-9S[)(
MFBC7,BE1]QSRJR1$,A^9>: /&M3_ &9!J=E;:[\.-<2PM;E!,^B:I!S#,WS/
M';7OS2;<G@2=1@4 >1:I\*OBKH4LRWWA'4;Q(N1<6-Y]HB:,'EHXH &!(.0&
M_&@-O*WX7.0>S\0Q(WFZ-<P.C.K"XANLC:Y4J&4XWC'S#L: *#-J>=BZ;=-)
MT"(UR!GJ3M!!&/7H#UH#;R,N5=>G#[;.[L\(Y5I[B,P?NRH=7C=2_P#%D=L
MYZT!_78]F_9K\*0:I\48I]4MK>_DT>QGO&01XM(VE1$BF:/'EO(A<^7D8R<]
MA0']=C],)I([2"6X9A%#;0M.QP (X8E+R+QCY0J$KG[H) XH#^NQY'X9U=?#
M?@/Q+X_N[=KB2\DU[Q1/;1LL<DUK:I,]I:P2R851]GM_W;S' ,C9XQ0!J_#G
MXC3^-M'BU74])LO#1NH8KJRM3K^F:M)-:/:17<DCM82D0R0)*#-"X#1C);%
M&YXQ\6W7A[PW)K6A:+<>*KV62VM],TW2W5FNIKR4112O*NY4M$R9II1G$*-C
MYL4!MY?@9?PR\?S^.]/UC^T-&?0-;\-ZW=^'];T_SENK>._M!&[/:7*866"1
M) 1GYU((;F@#TR@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MX^G- ;?+]3ZU^#>JF^\,/;,XW6%VT2*"21"<%2<],\],#TH#8]?H * "@ H
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MUDLCA&D*'D9.%#,3@\8Q0&WR_4^GO, R,H"N#M!R0I[\=?PH >I]"/P!'\Z
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MOD#I=S(#NS&<KD$*%(R* -76O$%W;V4\\,$-Q;2!_+9F4Q-;O'AI0^0NU@>
M#N% 'SSK'COQ,SMX&\*Z+:1W'B%EBMH[<.)Y6G9$F=8P2#&$+,\V0JG@CYN
M/Z['W#\-?!EMX#\'Z-X8@1%-G!Y]RZ])K^=_.NGP.ZROL;C!&,=Z *'B0_VK
MXY\&:&A+1:<MUXIO8P!M5(%DMK)GSP#]KDR,@'"@CO0!Z<HR"K9S\NX=!G[W
M;U/)H#;^K"A%7H,=?;&>OY]Z _#]! F,#<W!SV' /"X'&.WKB@-OZL."A"<<
M#& !@ =S@ #DYYH#;R_"PZ@ H * "@ H * "@ H * "@ H * $)Q0  T +0
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M!([2-SD Y7GKUS0!^A'@OPG:>$-!L]$M7+M;(#<S')\Z=N6;YACJ<9 'X9H
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MLVY- '56GP@NX_"OB?P[+K=KIK>*];L-4OIM!M3I\=K:PI;QSV5K$_F%#<I
M4+MOSO;- ;>7X'+C]GBXMKZZ6P\06\^DM%)9Z8=4LQ=:UH=I/<QW4\FG:AM1
M(;F.9/\ 1SY31QJ2&1B: V.VU/X9:S/K/A]VUMM;\.:28)Y[+6Y9#>W%Y;NK
M07;7=L8?-:W8;K:)AY48)5D8&@/Z[&[>_#I[SQQ;>,/[:N8(X7B1],*S%;A8
MPI&&^T")02.@MP N?K0!YWXK^"&I>)?&EYXANO$<":5=S,9M-\A_,,#^4J6?
MFIM9X@\+$1,2F'(8$G- &9KG[.::EJ6I7VG:S9V-IJ$4\4%N-/(^S0RLCQV4
M1;<$MOD!:/'+,V<YH#^NQ>'P)U!0\TFKZ-%+<VZZ?+IT.G.-)TZ$0+ VHZ1;
M;_\ 1=:;:)S<@E3.2^PY(H#\/P,?_AG.[8V<+>)X(H]+T^YTZ+68K1X_$%^M
MR[N+G5+X<W%U$S[4.U4"JJ[" !0'X?A833OV<]7LY=-N5\6(UU8:M:7JSR6Q
M:1+>U2-&DC0_N5N+E8_WS,FUBQ8 $DT ?0-YX6CO/%OAKQ.LJI+H-CJ^G&-T
M"R7,>IPQI(^>2B*R;T52HRQR&!  !XQJWP)U'6O&-UK]_P"(K>ZTF\O&G;3#
M;;5DA%Y;W@M[L@#SXHA"\4:,2NQOF!8YH <WP'N%U0W,&J:>VGMXC@UV."]L
M6FN=-CM-36_MK#1I&;R;.S(.QHTCSM)VLK9:@-CT&'P=K+?$&?Q5J<VDWFEQ
M/)_8UNT4D5UI9:(1&95CQ"]ZWS(UQ*DCF-E7=P* _#\#U=1C:,8QMX]/GYYP
M/KT% ;>5OE:YX1^S9_R3B?\ ['3QO_ZD=]0![Z.@H 6@ H * "@ H * "@ H
M * &; .W1<!3C;SG/;^+O_*@-O*WRM<\=T?_ (2KPOJ6OZ#I7A]]2T^YU.75
MM&U![N.WL+6WU#F6WD8J-Y@G#MY4?EDH2N=S T >L6KW9MK?[8L,=T4'VE(0
M[Q*Y'(C^;*C/3<6]R: +03 QD]^> <'/' '3/'?OF@-O+\#CO$?P^\)>*8C'
MK&C6L[8;$J((9]Q'#F6/8Y8'D%FZ]: _ \0U?]EWPG<,[Z7JVIZ86);RCBXC
M4]0 "2V,XSUX]: /!/BG\!]?\!:5!K.DZBFKVRR%;P/;NK6P/*R'8R[4 Y<L
M", ]* _KL?/>W521_I\5NO0;8RZ[OXAMSR/;OGF@#;\/>$+KQ+K=AI*-<ZE<
MWTL04;&6&WC9P'EE6/;L10<_-QCK0!^K_A'P]:>&/#^E:'9QK'!86<,85%5?
MG909<[0 =S$Y.-Q'>@/P_"QTQ&!A>-HX!Z?EUH Y+Q%XST?PVFV[F#73 [+2
M)@TN?0@9VY]Z V\K?A<\(\5^/7\1>5$-/6VBMG+P3'EV;G'F<D8]MHY[T >E
M>!GT7Q#H\0F>4WUKQ<@7,T:C'/RJK@!-O_ZZ _KL>:^,M:T]->>'3C));V;H
MK1M(T@,D; G;O)*@D'.#T[T!MY6_"YW&B?%JP_<VVJ6;6:(%B2XCYC50N!N7
M)PO0<$<\F@-O+\#V&TO;:]@CN;2:.>WE4-$\?(/<@X/RD>^.: +&T9!P 1WZ
M8QV^GK0&WE^!\J?M,?#H:[IUGXLLK4R7>D*;>_\ )4F5K-V&Q@(]LC&)FW$E
MB @Z=: /@];.YC#?9=1DC7&X)-&",9QLW8WJ5/4$T 7M-TKQ'JVH6NE:>\$]
MQ=2Q11J4=B#(P!8JCJ=B Y;IP#0!]B:3^RLKP6TFK>))XYG@1IX+:V/R3,H+
M*KC!"@G@%L^N: /4?#W[.G@'1&BFN8;K5IXR3F\D/EDG')B_#CTZYH ]LT[2
M=-TB$6VFV5O90J  D$:QC ]2!D_B: -#&/PZ=!C/I@"@!: "@ H * "@ H *
M "@ H * "@ H \3^-OA"^\9Z;X-TFT;4X(8/'>AZAJ%YI$YM;VQLK47!DN(I
M@&";6=<ED88SQWH#^NQS&K> ?'NE^*O#VE^%M=UBY\&WT-M)XAU'4]2%W?Z=
M=Z([&TA0$0DVNL"0+>&-2ZF!BNT,H !G?%K5_'^F^$+73[CPF=;\1>)M2NM
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M]RX;RQM!!(. 230'X?@>W[0#D%AC/&X@<^V<4!^ N!D'ICZ=_?&?UH 6@ H
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ML;JWN[:0 QW%K*DT#9])(V('XXQ0!;0DYR-N. O<8ZYYQSP10 ['3MCMTZT
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MB@-OE\MSMM7\1^,['QE9Z98>&'NO#\JPBXUK[-<2*C$E)6,RS+"A4+NV^42
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M_0S0!X1^S9_R3B?_ +'3QO\ ^I'?4 >^CH* %H * "@ H * "@ H * "@ H
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M5*.,^&-( ]BUW<@?SH _/GQI%+IWBSQ'9W)VRV^M7B%<%3AB7#Y[H0>.WZT
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M("8Q$TQ.Y0#_  &@#[J08YX!."<<<XY..W.: V\A] !0 4 % !0 4 9NL?\
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MDXY).#Z4!M\OU'@C*E>GRX[?QF@#PC]FS_DG$_\ V.GC?_U([Z@#WT=!0 M
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M,D\3@;E# -$<?,&'LW>@#A?'/Q(M/#2FPL EYJC##JI!2TSC#R=CW&,]<9H
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MB;?)(#D\$X / YH CU'P-ILSB33IY]*GVN/+A<-:R$\YD@DR/XCG81G(ST%
M;?U8Y6X^'/B"5E">(M.@PAB:3^R]T[0YSMRT@4M_M8]* .Q\'>"-+\'PW0M/
M.GO;Z59K[4+B0/-<N"6V+\H,,"'[D(X . : .T50G3/X_4G^M ?@.H * "@
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M0 4 % !0 4 % !0 A X]NGMF@!"B\<8Q^'6@/Z[ $ ]?Q)X^@[4 +@=N/Z4
M($5>@P1W[\_RH 4#;0 M !0 4 % !0 4 % &;K'_ ""=3_[!U]_Z324 >1?L
M_)GX0^#<[MGD:CN7@+_R&-1.2.O7&?7\30']=CTJUO-)\266I6L,BWEK;W=U
MHVH(,A1<VZ+'<P,.F0KCMQD>E %G3=(TS1;<V6EV:6MN\LEQ]F@PD:2R$>9*
M%&-N_ '&!QC% %V1Q""[LL"JFYF=Q$H5<DM-*0NQ5QDDL-_3M0']=C$A\0:-
M)JAT2#5+=M2CLHKY;9)HB[VDSO%'<V8\PK-"Q5Q)M+%2H8@$"@-B:[UW1]/M
MGN[G5]-M;&'<9)Y;^"-(TBQYPR)"V^/</-4C*LPSU% ?A^!;_M"R6.WD_M"U
MACNU5K1WN8XEN1(%*/")'4RAU91&L0.20>N* _#]".6]T\"3??V\9MGV.LEW
M;PR6\R_-Y3L[CRYG4[0S<@<"@/P_0I1^(])GO'T^+4K6:>'#726MQ')]C.P/
M_I;APJ121LK>8#@9R#B@/Z[#[#Q%HVI274=EJEI+):7[Z;*$N8ES>QK&TD$+
M;MLX561R5W$$E3R2* V^7ZD2^)-&_M*ZT4:@B7>G1QO>*_[B"V210\32R2LD
M?S#E44X PO:@/P_ DM];T6XO;NQMM2MOM5I!"]R?.4,L-Q ]S;S)<9 *K 6D
M8!R$C?=D4!^'Z%O^TM."1R2:E8(DL?F)(+VV$31*W!4M+\\8:3:A!X89Z\4!
M_78T8I(YHHY8I!+%)&K1R*V5:-P"""#A@PQD]SDT ,BM;:W3R[>"*WC#F01P
M(L*K(Q):0! O[QR3N8Y+9YH#;Y?+<GYXY88SWQC(Q^G4>AYH#;Y?J(H*@#<_
M&/O,2>/7Z]_6@-A-@"A<MPVX$M\V0<_>ZX]O3B@!X&",#:/EX' &7/0?K0!X
M1^S9_P DXG_['3QO_P"I'?4 >^CH* %H * "@ H * "@ H * "@ H * "@ H
M * "@ H * /,=)'_ !=/Q2/^I9T<?^3=S0!Z1+#&T3QLNY&C,;(>A0@@@CIT
M- 'P3\3_  K<^#O$$\01CIEZQN+"YY"E6)9H3CY=ZDD<\T!M\OU/-EN.0,\?
ME_\ JH#^NPR2\" [6 ('&1G'U% ;>5OPN"W6U54$!<Y()VC\3QB@/P_"QZK\
M-O&^B>&EU:WUA)#!?1;&\E-XV,NQQCOE&*^Q(;JM ?UV.SB\?>![>=DMM5UN
M/2)(GA.FL\I0J8G0(&8[D3<P;:."10!PWC_Q=H>LQ:+I_AV)X+32K=D+29(R
MY)/!Y+%J /=/@9X/FTZQD\27\1CGOX_+LXSD;8,[C-@]"^/UH#\/P/H-5"@
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * &[1_M#'HS <^P(%
M;>7X"X Z9&.G)XS^- "T % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
< !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>p50.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p50.jpg
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MD^4& +X'50"?2@"2-CZC.W=QD#:Q^0C/<@'/O0!+0 4 % !0 4 % !0 4 %
M!0!\Q?M >%M&U;7OA%J5]#</=V_Q"TNV@>.]G@CC#132?ZB-@CLV.I&: /IJ
M/ 7 P%4D*%SP!P,Y_B]?>@!] !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MF&/D6UJQN78J51.9.A- ?A^%CM?V9?B?=?%7X2>'=:U@?9_&&C)+X5\<V4A
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M6N9EC/D78L+3RXK>=-RH2ZXW&@#[=B4(% _A7;GOP?Y9SCUZT!M\OU): "@
MH * "@ H * "@ H * /!?C:/^)C\),<%?B7I)';G[/<?TH ]Y']3_.@!: "@
M H * "@ H * "@ H * "@",Y&<MM'; _KC"^G- '"^)OB;\//!8=O%?CCPOX
M=6(['&K:W8V;HV#N$L<LRLK#G (!]L\4 ?,?C#_@H;^R3X,D^SW7Q9TW6+DN
MR?9_#%K=:]-E3@G991L N>^>: /$K_\ X*C?#J^U![+X9_"+XQ_$R!)A&NHZ
M-X5N;2TD8KS'&MS&&R/4_4T 9K?MP_M2^*FN!\-OV*_&K6898+6\\7:BND3-
M.YQ\]NZ(OEJ>6(;&.AQ0&WE;\+DA^*'_  5 \3L+/2O@9\,? @D_YB6NZ[]N
M$.[G!AAE<;EZ-QUH 1_!G_!5'6C^]^)7P6\+I-^[D:QT^:[>U'0R0I) V9.^
M#E<]* &I^SA_P41\0@VOB7]KK0]'M <-)X>\,Q^><<9P8D4$]2.,&@/Z['*:
MM^P[XZ\,^)O!_P 4/C)^T+XA^,UOX+U-[FR\,:YIZP64UQ?1FV9;>0NZPX,A
MDQLPH7 X% ;#-!^ 7[9_[+-WKD_[,FL^$/B+\*/$.IW/B>#X>>+]UGJ&E7>K
M2_:[N#2ILJ57?(RJPD*N%5]O2@#7G_;[_:1^';QP_&']COQM8V\$FR]UCPG+
M+JMJ$[RQ1Q1/'@') +#C% ?UV/2/"_\ P5-_9@U67[-XIN_&'PYNP3&8/%_A
MJ^LXQ(@#,IFBB*Y'(R ,XZ#L ?1'AC]LG]F'Q=+:6VA_&SP//=7O%O:SZK%9
MS3$] ([CR_+//\1% 'NUOXR\)7A6.Q\5>'+F1AE$MM;TV4D'G("7+$_@,]Z
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M .[\*_\ !+_X!6=Q+J?Q0U/QI\8=?NY8[BZU#QAXBOVCFEC&6+6<5P$9"^2
M.<$!B: /JCP=^RM^SMX"\MO"_P (/!%A-&BQ_:7T:TN+D!%"C?+<)*SOQ\SG
MYF;)))H#^NQ[7I?A[0-$B$.C:)I6DPJ2WEV&G6EFNX_Q8@B0\^O6@-O+\#9
M& ,8 [=!QZ"@!0 O & /3CK_ (T!MY6^5KBT % '@?Q^E6+PK81C@R:JD@],
M(AX(Z?Y- 'J_A.43>&]"G'\>DV>#W!\H D$\]J _#\+'0-$CQF)T62-AADE'
MF*1Z,K@@CZT >?>(/A/\,?%*[?$GP^\'ZV-SOC4?#VF7+;I.';,D&<XZ\]/S
MH#\/P/!?%?["'[)WBZVEM[[X,>%K!Y@=MWHUK)I-W"2<YCFLGC,?)_A- ?@?
M.VL_\$H?@!/+)=>%/%'Q.\%7:)B&32O%-])'%(.0Z1SRYP..!QTZXH#\/P,Y
M/^"=?Q0T<0_\(O\ MF?&32_LIV6L-W<F^@2+_GFZO<;B?K^5 #3^S7_P4,\+
MK);>$OVN='UBPC_X]5\3>'Q)<O@_())O+;&X<'GF@/P%32?^"JO@UC!;^(/@
MW\18'S.MU>VIL95;K]E*J(-J'HK8[@]* _KL+_PN[_@IEH:E-6_9G\"ZZP7
MGT?Q-&B%QR1MW'[V,8'?I0 V7]MC]K_1EA_MS]B#Q5+TAFET75'NQ]I'^L\M
M I)B(SL;UQS0!:/_  4>\7Z 6C\>?LD_&SP^8T\]S9:9]N7[.?E!!\O_ %@8
MC>.PSWH LQ?\%4?A;$@.L?"7XV:(PY*2^#[F<<=<LD(P.#G SCIS0!T>G?\
M!4[]EN6-_P"VKOQWX9E0 I!JG@O65>7(^ZFRW'(^GXT =M8_\%)_V.[VW2;_
M (6O;6 ;CR=2TK4K*XC8]GCF@!5AZ<T =/8?M^?LBZA-%;P?&SPHDDQ55^T3
M36Z N0HWET 0Y(R2>.M 'H%A^U=^S=J,:267QJ\ R*WF;2VOVL9.S.XMYA7
M7JO3/% ;?+]3N-/^,_PGU1T73OB5X)NBT7G*D/B/2V#1$;O-#&=< #G;WQUS
M0!T-KX^\#WL2R6?C'PM.A+!/+U_2SEAU Q=^O\Z V\K?A<U(_$6@2@>5KFCL
M&.!Y6JV+=?0K<'_QWF@#0CO+20#R;JVD#?=,=S$^3V"E6[^V<T 3A=J@ $#.
M<'D@GN3G@>XYH "BIPJD=\CKGGOU[_2@!0, ?*%QR,_+M/<GH/QH#;RM\K7
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MZ8Q\OI@#G\* $V*,85?E!"CH #UR!QUY^O- !L4$?+TZ>V?0=!0&WD+L4=%
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MQ,?.TC&3U(!]DQGY>>""0PY ##[P&>H!Z'N.: 'T % !0 4 % !0 4 0N3R
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MC(Z]: .EL/B-X,U#/V?Q!9K_ +,[B Y_X%C^= ;?+]3J;?5--NTS:WUG./\
MIE<Q=_H?QZ4 70>/E;\00W\J '+G^\/^ T /H * "@ H * "@ H * &A0.
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M (^/#^GY]8H##C/LN!_GK0'X?A8YJ?X.^$V^>RDU?30/^6=C?21)[_NS_0T
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M91)A2* V\C]?]/6X2QM%NF#72V\"W+C #7"Q()V 4D -*'P 3QSDYH N4 %
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M<();AVZEV>3+AVZDGGUH [ *  !_0?H,"@ "J.@Q0 Z@ H 3 ]* %H * "@
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M% "[1P<#(Z>U "T % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M"8'I0 M "8'I0 M !0 4 % "8'I0 O3VQ^&,T % !T]OTH * "@!"H_^MTH
M,#KC% ;>7X%6]M(+VSN;*>,/!=0R6\J9VYCE4HXSV."2/?% ?UV*6B:-8:!I
MUKI>G1-#:VBM'"KG<X4DL<MZ9Z=.U &H\:%2K(&7^ZR[@><_=^O/ZT -,:;"
MA53'LV%"ORE3U79[],>_>@/Z[ D4:*L:1I&BKM"*NT!.R[1[\T 2@  !0 !T
M&,8^E ;>5OE:X'TZ?IB@!  .YX[9SU]J %('3'OCWH -HSG R.GX_E0 8'3
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M?X01\:/I$(U363']R256!2SF'J,C&<=J _KL>VQ1I%%''&H6.-%2-1T5$ 5
M/^ @4!MY6^5KDO3VQ^F: "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H *  ^E '*>,O#[>)/#6K:+&0DMU; 6I)
M"A;B(AXLGL-Z@$^A- ;'G&G?$35=)L+;1=8\&^(G\1V<26:C3K,2Z;=-&0D<
ML=^Y$4*%0&<O\H/KD  &9?\ B$^&?B3>ZSJ&@>()[?4/#FG0I_9>FS7ODW1P
MT\4S(1%N' )3C(Z4!M\OU.B\&6VK:YXOUSQOJ.G76D65SI\.CZ/97\9@NIK:
M-C(9I8CRFXGIZGZT!^'X&CX>M;B/XB>-;B6WG6VFMM)2WG:+9#(T49$J1M_&
M82<9';)H \JNDN]-L/'7A34O#5YJ>O\ B'5KF73;V*T\VTN8KEE%G(UY@&(V
M:?.1G^$CUH V-0\/^*?$&I^%O#%K>/I0\&:-I][>ZI/:BXM+G52GE^3$&PLI
MA3DCHNW=U% ?UV.B^'UAK_A'Q#K7AC59'O[/4&DUJRU2&U>.T6YF;,\/'[N,
MMS)@_P 2@>E &SXT\+^)==U+3K[2]5TVUL=)2:6*QO;2XN/.O0K8DDC4[6(/
M,9QE6",O(H \JL]%\6#X6R6=S!+>0_\ "1^;>Z7;VS6]]+HBWA?5$,<QW3/<
M.3Y6_D0D;>0M ;&]X;LX9_%5_>>$-!O-!\/'PK>VFJQ3V4EDEY?NO^A-!'-\
MTKPJ/+<QX!DY.1F@-O*WX7.:\$^&[GP>WAWQ;_8=U<IJ%S>:5J]G+;^9<Z6\
MMTZV]_!%_P LTD)!D('"<T!MY6^5KGU2K!XU(^ZP#*2NWY20PW#C:>V/6@#S
M#P-;W%KJWC^22SN8UN==>>#S4\H7:B'&(/\ 9;[N[WS0'X'#^+-0'BS25\+Z
M9X,U.RUQM9M6C>:R2VATY;:[6274(]0Q@GR\E1G+;B.U ;>5OPN.\4V%O;>,
MGG\9Z!J?B+0%T*VM-#>TM9+U+2_7 N"\-OATEF_AG/R#!+]10!AOX=U2[\-^
M M+UC2;B2S;QK<RC3KBW+/9Z%)YS6BW,*?<0J1N,GW<@'K0!]%:-X?T70//3
M1=)M=*2X;=.EK%Y2R&/ C;Y?DZ$\<'GVH#;R_ WJ "@ H * &GCIZ@4 >(^.
M_CU\,/ASXMM_"7C?5)-"OY]'CUNQOKG3KN73IHI+J2Q6W@NX(9D%ZLFYGA8*
M51XV)^<4 <X?VIO@ /F/CNP#1H9 #8:DLN%"L0I%J/F&Y=P&%D+*.: V^7ZG
MK/PY\>:#\2O"MGXN\-?;3HM_/=I9R:A:/97$ZV\[PO/Y$@#B.1U9HF(!9,'%
M '%_M"Z9IVI?";Q?_:%HEQ]@L8[^T+/)$\-W!/$8KB&2'#I+'R%8_+@D'K0'
M]=CQ'XYZ/'>VOA+Q8OB3P;YW@;P3!J1\#^*6DD77?M4=G(LUOY4\4\-P_D_9
M[2Y\N8^<V-@!8T >>ZK>:3JX\>>)]3B%A\2K?QEX#E\$V;/LU?3]-GLM.EL[
M#087D,CZ5.TMS'<)&B1W$:NLZ#@$#;RM\K7/3?BY#\6_[>^&;:CJG@QM'?XC
MZ*NG16UEJ2ZJC>3F1;F1BL"S8\T.J+L7& 6&#0!]H+G Z9Z''3/?'MF@!: "
M@ H * (V*IDD@!1DYX"J.7/Y<T ?DU^R=?+XQ_:I_;0^-]RPFTW1-2L_ >AW
MK8\H0:,FYX5;N9 !'[8% 'Z$_"739/[)N?%%ZA;5?$UW<7D\K\M]E9B;=(V_
MN  */84!^!Z\N0H[$ >V,^W:@!U !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 F!Z4 )@8(P,>G_UJ #
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M#GR"P,D(X0J,4 >:?&@8OOA* & _X67I6-V-W-O<<G'<]>>>QH#^NQ[Z./\
M/K0 4 % !0 4 <-\1M>7PKX$\;>)&95_L3PMKNJ!B=HC-CIL\J D'[Q;..G)
M% ;'Y=_L+:9):?LL6NK*&CU[XV?%'Q'KM]+(?GN;.;5F".'ZN$@Q&-W\)QT%
M ;>7X'ZW:791:;IMC86Z".&RMH;:-%4(%6) F HX&"#]>O>@-OE^I?H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M,IW*?,/S$$4 ?H&N<#C'?'IDYQ0&WE;Y6N+0 4 % !0 4 % !0 4 % !0 4
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M_P %.X[.4B6T\"?#G3;>-",F.YU,K(R8/"[BY(7@G- '[-HH1%4<!%"@#@
M8XQ0 Z@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M']E5.%],8SC@B@#]FEZ=?7'YGTH#;Y?J+0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % %"_FBM;:YN9MQ@M
M;6>>=%P?W,<4DDAV<$LR(Z*.02W(XH _'6UT_0K2S3]HB+X&?#*V^$L_CN2,
MZ?9Z_K"^/TDD\0'3/[?9+>XCL'U:6_*SQZ9Y+R)"&,H*.N -O*WRM<_8S3Y%
MELK::,.L<T$,T8D54D$<L2/&KHH 5T1E1AURIH 2]LK:^BEM;R"&YM;B,Q36
MT\8DCDC/+*RGY><#&X8]* _#\#(U/PSX=UE;%=7T+2]3;2<2:=]NTZUNFT]@
MH5&L_M$4B1OM55Q&5 P,\B@ G\->'[G4[/7+G0M,N-9L(A#I^IS:;:R:A9QX
MQL@NS"9H%/\ " V$ZKL% ?UV/)_C0#]O^$F1M_XN7I>5P5_Y=[CAMV>1ZC@]
M1UH ]]_3],4 % !0 4 1G"ECC&T9../X>?Q^4?F* _KL?CI^Q%%+XA_:]_:U
M\6 _NS\0;JR#'&=MHJJ #[GI]10']=C]C4^ZN,]!UZ_C[T .H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M#/OYH[6"ZNI0S16MI//+&B^8Y2**20[4/ +JKQA<'SB^TCB@#\7H]*EM[VW_
M &C3\)/"X^%7_"P0@\ _\)OK7]H17TFOMIX\1P>$G_XDR:T;C_34LAL9BH+)
MC;0!^T>G745W9P743#;<1I, 0BR1B5%D2.5$)"3(C*DBY.&4B@-OE^I=X]O:
M@ P/2@!>GMC\,9H \&^-G_(1^$G_ &4K2?\ T1<4 >\#CVQGVQDT +0 4 %
M%6Y*I',Y  C@F8CITCW'GC^$'Z4 ?DC_ ,$PH6U'Q!^TUXID&)-1^+GB",$X
M)"QZA/  IZXVQC\Z _KL?KNO3\3[=S0 M !0 4 % !0 4 % !0 4 % !0 4
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MMZ9ZT +0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 (< '/ 'X8S_*@#Y_^*_C+Q8GB3PQ\,O
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MG97%G!;1Z;-+?""*&)X>758@P^;KD$T!M\OU/HP<8Z]!_G\<T .H * "@ H
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MT#3_ (5^,/\ A:$_Q!O+[P]XNCTF6"PM()-56:WO)=3?]V(TA\S,>P[T(&X
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M<0(#GXE:1<(.G$,T/7';YJ /T*T)@=#T5^A.D:>W'0;K. \>W- ?UV-F@ H
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MU6&16_-: _KL?H?\.-2_M3X?^"]3S_Q^>&-$F)!SP]A"-PQZ^O7F@#N* "@
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MYH >J1QD%8HTX.&1%0G.,@;1D>I'.2,]J )$*C ';<  >."-WOD'K0!)0 4
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MNJ_;!"OV/'V<>9YKL7"\;<;L]C0!^A* (VT#;P>@QW!SGU.[GWH#^NQ+0 4
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M !<O22=H!9/W$[$<$*03U/IT&: />!&%,C1Q!79\L5"J9#GJS8SC'MG/3(H
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MOPNBL7U#3]/@LM/DU9K]F>'%M%&GG% "ZGYD !8 ,* V^7ZGUXO4XX[8Z=
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MH&5V@]0"#U)&6. 6)&>@H#^NPY>.VWKP. /Y<GKTH#;RM^%Q] !0 4 % !0
M4 % !0 4 % 'RW^T-XD&DZ_\(-/_ +(UF]:?X@Z5<+=:?9F>WC=0\8M'?<JB
M>12TOE_>,:[@.] 'U"GW<].2<8VD9YP1D_,.C=\YX'2@-O*WRM<?0 4 1GAP
M!P,<_B0!^>#0!^"?CRT!_P""PW@D@$ VVC77&>-FE7))_+_#K0&WR_4_?#]/
MTQ0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 =/P_#K0 4 % !0 4 %
M !T_#\.M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % '@OQL(74?A*#]T_$
MO2N #D?Z-<8QMY!S_%]X=!QF@#WD#''N3TQU/I_7OUH#;RM\K7%H * &G@\#
M^Z/3N2?TYH#;R/PZ\:V83_@L)X(XX_X1;3[D<@?\PFXP?U'% ;>5OE:Y^XP_
MJ?;N: %H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * &[E!(R,KCCIUZ?G0 GF(/XAZ\=AZG
MT'\^U 'A'QJ8&_\ A(R'Y?\ A96DX[?\N]Q]* />1_GM0 M !0 T\>V#GZ#;
M_P#7H _%#QQ%C_@K[X%<*0#X'LL'H,C3)L_HP_.@-O*WX7/VP'3TY/MC)/Y4
M +0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M6 '/3WH <LL9 9&!4KN5@1M*DX!#=.>WK0 N]?4?]]+_ (T &]?4?]]+_C0
MH9>@(_ C^0- $:W%N93 LT7G*H<PAU\U4;[K&/.\*>Q*@4 2@CH.WX8H 6@
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M-5/EH-H\8:P<'8,@;)MN!TR/E].* )?^&=_  S_IWC48Z_\ %8:R,?\ D:@
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M9Z^'[*&2^\:[<9!'C#6@.N.GG9'/M0']=AW_  SOX!_Y_?&W_A8:S_\ 'Z
M_L[> <8^V>-?_"PUD?\ M;O0'X?H<U9_LM^"K7Q)JVNOK/C.6'4[6RMTL_\
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M/[[=AMH /K'0M'BT#1='T*VWFUT?3;#38'8_,R6$$4$;D>K"/)&?2@#<H *
M"@ H 0]".V#[4 >:^-_!^I^(M6\!ZC9W-M;KX5\3-K-XLJDM-;-;/ (X0%_U
MHW#KM]<T!_78\<U;X*^,K_Q!JGA[[=HQ^%>O>-(_'>H.\EVOB6VN%'FS>'+:
M!5^RMIL]R/--RTOG('8;2!B@#*C^ /C768;'PGXJUC1%\&^#+?Q&G@O4=-^V
M'7KR;75/V276+>3;;0?V.PB,:PO)]H\O#X#&@/P_0]$^&7@+QYI_B5_%?Q#G
MT(ZGIWA6P\$Z/!X?DNI+:;2K2Z^W3ZE=FY2-H;V[NEC+PH&0("-Q.* V^7ZG
MO] !0 4 % "$<8[>G2@/Z['FFO>#M2U3Q_X)\60W%O'9^&;768+R!E_?3G48
MU2(P\8&-OSY(QGC- ?UV/(;?X:?$[Q!\2?'>L^.[+P?/X8U_1]2\+>&;VQU#
M4I-9\.>'IK9E@6&PEA2S%[=7;"XOI5DRP0(&(XH#^NQSI^ WQ#\16:+XOU?0
M;;4/!?AI/#GP\N](^UR_:Y[.\BO;/6_$$<P1;>6;R$M;FVMBZ)%(\BDN * _
M#\#V/X8>#?&&EZWXJ\9^.WT:/Q+XHCT:PDL= DN)=+L]-T"U:VL?)GNE29YK
MAI9I[A&3:K. I/- 'M- !0 4 % ",."!QZ>Q['^M 'FWB7P?J&L^./ ?B6">
MWCL_"AUEKR%U87$\FHVBVT7D$#"A&RSY(X]: /#9/V9-2C^),?B^+XC^*+W1
M=0B\7GQ#HFJ/9RQS3^)+1;:""S9+9773[10H^SNYQL#*V6. #/7X!?$#Q#:6
MVG^,-7T&*/P1X<N-%^']YI;7<TUUJ#7T=U;ZSX@AG18XWAA@CMC;6Q:,@E^O
M! _KL>P?#'P7XST[7_$7C?X@S:,OB36['2]!CT_P])<2Z5;:3H8<6USYMTB3
M?;;^25IKF,+Y41PL9(H#\/T/;* "@ H * "@ H * "@ H * "@ H * "@ Z?
MA_6@!,$>G'MCK_*@ P!P!@?EC/M0&WE;Y6N+0 4 % !0 4 )C'8?E0 8Q_G%
M "T % !0 4 % !0 4 )T]/ITZT &,<>G3\>M !CZ<=.W6@!: "@ H * "@ H
M * "@!H(QG.5[$#@YZ8P?Y#!% !N7Z<D8XSG&<8ZY]L9]10 F]0.,X'L?3/Z
M^U "[A],8YZ#GWZ?E0!6O+ZRTV"2ZO[NVL+6!0TMU>3Q6MM"I.T&2>9HXDR2
M -SC.: 'QW5M+%%/#-')!,H>&>%A)#(C ,KI+'NC,;@@JX;8V>"<T 3;@OJ,
M=@.5SZ@9(S0 FX=B1S@#&/KCI^= %&?5=,M+JUL;G4+&UOKW<+*SGN[>"[NR
MGWOLMM)(DUQLZMY2. .M ?UV-'IQZ?AU_E0 =/P_#K0 4 % !0 4 % "8_+T
MH ,8[#C\.M "]* $QCV Z#IB@!: "@ H * "@!/;_P"M0 N,?A^&,T % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M.".P/2@/Z[$U !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % '__
!V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>p56.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p56.jpg
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M ,*?]!)__ &__P#D:BS[ '_"?^%/^@D__@#?_P#R-19]@#_A/_"G_02?_P
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M_P#^1J+/L ?\)_X4_P"@D_\ X W_ /\ (U%GV /^$_\ "G_02?\ \ ;_ /\
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M_A3_ *"3_P#@#?\ _P C46?8 _X3_P *?]!)_P#P!O\ _P"1J+/L ?\ "?\
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M 'R/\* #8G]Q?^^1_A0 ;$_N+_WR/\* #8G]Q?\ OD?X4 &Q/[B_]\C_  H
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M[&O5_P"<--]/1 =K2 * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MO!)Y4T^DW]K?112$9\N1[6614?'.UB#CFIV*V\OP-R@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@#C/B!_P BGJGULO\ TOMJ
M:W$]B.#_ )'T_P#8GQ_^G5*.GS#K\OU.WI#"@#BO!?W?$O\ V->K_P X:;Z>
MB [6D 4 '3\.GXT '2C;R\MK?Y!^'X#)&5(W9B%5$9F). H )))[#')-&WE;
M8/0_*S]A^ZMKW]J/]L*ZL[B&YMI?$-J8I[>19(9%%V$)1T)5@&5E)!Z@CK1_
M78N6BBNWRW/U6H("@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MC14I1TC.?LX\TXI;*;U/+P<^>%65I1C]8J\D)N\J<.:ZA)];7=K=+(]H]O\
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M !0 4 % !0 4 % !0 4 % '&?$#_ )%/5/K9?^E]M36XGL1P?\CZ?^Q/C_\
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MUF46: "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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MS/\ R/ENJ).R^'?_ "/7A/\ [#VG?^E"4AG]&-G_ ,>=I_U[0?\ HI:S*+-
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M,_HQL_\ CSM/^O:#_P!%+6919H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M.T_Z]H/_ $4M9E%F@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M -*$I#/Z,;/_ (\[3_KV@_\ 12UF46: "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * .,^('_ "*>J?6R_P#2^VIK
M<3V(X/\ D?3_ -B?'_Z=4HZ?,.OR_4[>D,* .*\%_=\2X_Z&O5\?G#3?2W;0
M/3Y'PE^W)HNL:OXE^'1\+:5;>)O$=K9:W*/#MU92W</]EJBM>:D0DL*QFW7.
MWYMSGY17!23AF.+J))T88"B\54LT\-36(O&:_P <M++4[)\OU&A!S=.K+'26
M&IWLL15=&TJ;7:*]Z[VN?7/[/5W;7GP=\#W%HUJ8SI2HZV=N]K;PSQ2R1SP)
M!(S/&895>,@L>5Z\U[V9KEQ3LWRNE1G"3:?-"5.+C)-6T:>QY.$4E"K&<?9U
M(XBM&I3M9PG&5I1?GUOUN>T$X!.0 !G)X  ZDUYST3Z)?*W<ZK=%\D<-_P +
M,\!"&ZG;Q5HT<-EJAT6XEDO8DCBU1<;K(L6 \X9Y4<CO1#WE0<-5B5-T+?\
M+Q0ERS<%U2EH_,&N65:%N66&4766WLO:+FCS_P O,M5W1VJR)+")8F5XY(P\
M;H049'7<K*1P58$$$<$&J:<6XM.+B[-/1I]5;H[B332<6K-736SOV9^6G[%(
MQ^U7^V-V_P"*BM/;_EZ7M2_#MY%RT45M9?<>#_MD?\EZ\2_]>6E_^B&JX[?,
MC_(^6ZHD[+X=_P#(]>$_^P]IW_I0E(9_1C9_\>=I_P!>T'_HI:S*+- !0 4
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M[3_KV@_]%+6919H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M?M;3_%_QRG@^3PLNDJUA<7GVI;GS,&'^#9@?>SUHY;+T^6XT_P"MC[<J1A0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M $0U7';YF?\ D?+=42=E\._^1Z\)_P#8>T[_ -*$I#/Z,;/_ (\[3_KV@_\
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M%^P[_P EN@_[ =]_2I>PUN?M54%!0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M\: #>G]Y?S'^- !O3^\OYC_&@ WI_>7\Q_C0 ;T_O+^8_P : #>G]Y?S'^-
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MV$:C>0C;%/(=2D:-D&!C; T2'IRIHV\K=-MRY;1MM]UC]<Z" H * "@ H *
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MM_N/_NM_(T@/YX?C)_R5+QU_V,-__P"C36B)/-*8CZ5_9%_Y+QX1_P!V^_\
M1%2]AH_=>H*/C[]MO_DBUY_V%+/^9JH[@?BI5"84R3]C_P!@S_DCMU_V,FI?
MS2HET*1]NU(S\1OVT_\ DN.L?]>%C_Z+K1;(E[GR93$=S\,?^2A>#/\ L8]+
M_P#2J.CHP1_1?#_JHO\ KFG_ *"*R+.0^('_ "*>J?6R_P#2^VIK<3V(X/\
MD?3_ -B?'_Z=4HZ?,.OR_4[>D,* .*\&?=\2@?\ 0UZOC\X:;Z+;3[@]/D?G
MW_P4)\8>*O"MQ\.3X:_MO4I)9;Z=] T.2]@F<6Y1Y-1G:SY>&VB#!DD&,-N'
M->?2J.GFTXR3=.&#C*4M53PT93E"=273W^9)/=<NAUU*7/EG+"HJ-26*48JR
MYJ\HQC.%./5<K3;MH[ZGTY^R=\1M-\?_  ET3R=<GUG6M'A%OKGVR*:&[M+B
MX>2:&"03_O9$BB/E),>)/+)KZ#,:/(Z-6DE["5*G3C45H\]2E"*J2E%?#*3]
MZV]G?J>3AI-2K4Y1=*?M*E6-)OX*<Y:1C+JHRNG;9NQZO\0+KQ;;V,RZ'8P3
MZ2VG7YU:X@FE36[=1;N8_P"R($&R6Z9L",.1\Q&*\:M_#Q"FIJFJ-Z?L?XLJ
MO,O<MTBUNUJCT\.E[2CR<BJ>UC>-;2BH=7)^6NG4_.&&V^+=QH!NK.'XE0:/
M<ZW>M;Z'*M\-9T[4%M2FD7%S<.^^6TN;S]_=JA\B(';C%=\%RRP"]QU8TG*C
M->[2IU)5*;E1K+=QA1YDI2WDV%Z#EB^:,H1C4IJLOM5:"E4]I4I6TC*3<5&,
M=>5)GZ)7\7CC_A4,T6G/L^('_"%[+5V*@KXA_LS$;,S?(&%WC<2,;LYJL9[+
MZU7="RI>UER*.D;7Z+HKWMY'!A5)4::G=-)_%NDY/E3\^2U_.Y^7_P#P31C\
M9P_&/]I2+XB/YGCB.?2U\3ON0@ZJ+H^>0T8"'(V\KQ7-^'D=4M%%+9?+<_9*
M@@* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M3_L#0UF]RT>UO]Q_]UOY&D!_/#\9/^2I>.O^QAO_ /T::T1)YI3$?2O[(O\
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MZ_4$!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * &/]Q_]UOY&@#^>'XR?\E2\=?]C#?_ /HTUHB3S2F(^E?V1?\
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M^)+6P(^QV^IFZ_?1VY7Y?+^[C'K7.ON_ ZI;1ML?L#00% !0 4 % !0 4 %
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MQGG=GO1MY?A_5RY:**[+TW/U^H("@ H * "@ H * "@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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ME+VH\EI8N6D8]/T/U0H("@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M<_5"@@* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ _SZ4?UV .GMC\,9H#;RM\K7"@ _3^E !0!QGQ _P"13U3ZV7_I
M?;4UN)[$<'_(^G_L3X__ $ZI1T^8=?E^IV](84 <5X+^[XE_[&O5_P"<--]/
M1 =K2 /IQZ>U >FG;R/,_B1XB\6Z#I=W_P (SX8NM7W:5J4LFIVM[:PRZ7/%
M;2/;NEC,IEO':0#:D1!SUKEQ,JBHXB,6Z'+0YJ59+F_>.27+R+563YN;MYG5
MA84W5H*33O6C&5-^XE![R<GI;I8_-30?BO\ 'T^&I%UOQ%XM6S&MW+VWB"QT
MR\:XDU(V9FL/#[K+9B?[.U]BVNOW0@4_*DNWFO2C&"_L])+VRIS5.#TIXR2J
M4DYU'I:"IRFX\W+)N_8SY(JIC.:2C3]I1]IRJTL'0<JJG**VYVHP=H<R2:ZL
M_3'^W/%5G\+DU]=&;5/&$'A*/4?[#YB>]UE=/$WV+ (*//<?NR 059B.U&+A
M2IXNO"A;V4:DE"SNDET3ZJ]TGV.+"N;H4W-OFL]6K2:YGRR:Z.4;-KNSX*_8
M-\ _%ZP^(_QY^*OQ1\!W7P_?XCZC9W5GI%Y(IE6=9?-G6%-S.ULB@8E8@ECM
MQWKGV\O+L=4K6270_3N@@* "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * .,^('_(IZI];+_TOMJ:W$]B.
M#_D?3_V)\?\ Z=4HZ?,.OR_4[>D,* .*\%_=\2_]C7J_\X:;Z>B [6D ?I_2
MC^NP?UV$P,8[=Q_]:BWR\@6FWR(?LUN%V""$*&WA1&@ ;KNQMQN]^M':VEMN
MEO3L&U_QZ$V,>WMTQ^':C\/P_JX>FGX"X]/\*/Z[!^'X6"@ H * "@ H * "
M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H XSX@?\BGJGULO_2^VIK<3V(X/^1]/_8GQ_P#IU2CI\PZ_+]3MZ0PH XKP
M7]WQ+_V->K_SAIOIZ(#M:0!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I4_\
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MP?\ J5/_ "J4:=F ?\7!_P"I4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\
MJ5/_ "J4:=F ?\7!_P"I4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_
M "J4:=F ?\7!_P"I4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4
M:=F ?\7!_P"I4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F
M?\7!_P"I4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!
M_P"I4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I
M4_\ *I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I4_\
M*I1IV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I4_\ *I1I
MV8!_Q<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I4_\ *I1IV8!_
MQ<'_ *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I4_\ *I1IV8!_Q<'_
M *E3_P JE&G9@'_%P?\ J5/_ "J4:=F ?\7!_P"I4_\ *I1IV8!_Q<'_ *E3
M_P JE&G9@9FKZ3XZUJPETRZE\,V]M<R6_G20#43,D<5Q%,WEA_DWL(\#=QS1
MHMKJWRW_ "$T_3^OP.E31[F+Q.NM":+[)_8#:4\)#"?[2M]#<QRJ?N>48Q,K
M@_-O\LCC=2_#\ MK?;2UCHZ!A0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
( 4 % !0!_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>16
<FILENAME>p57.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p57.jpg
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MO^I8\5_^"K_[?18+^3^X/^$R_P"I8\5_^"K_ .WT6"_D_N#_ (3+_J6/%?\
MX*O_ +?18+^3^X/^$R_ZECQ7_P""K_[?18+^3^X/^$R_ZECQ7_X*O_M]%@OY
M/[@_X3+_ *ECQ7_X*O\ [?18+^3^X/\ A,O^I8\5_P#@J_\ M]%@OY/[@_X3
M+_J6/%?_ (*O_M]%@OY/[@_X3+_J6/%?_@J_^WT6"_D_N#_A,O\ J6/%?_@J
M_P#M]%@OY/[@_P"$R_ZECQ7_ ."K_P"WT6"_D_N#_A,O^I8\5_\ @J_^WT6"
M_D_N#_A,O^I8\5_^"K_[?18+^3^X/^$R_P"I8\5_^"K_ .WT6"_D_N#_ (3+
M_J6/%?\ X*O_ +?18+^3^X/^$R_ZECQ7_P""K_[?18+^3^X/^$R_ZECQ7_X*
MO_M]%@OY/[@_X3+_ *ECQ7_X*O\ [?18+^3^X/\ A,O^I8\5_P#@J_\ M]%@
MOY/[@_X3+_J6/%?_ (*O_M]%@OY/[@_X3+_J6/%?_@J_^WT6"_D_N#_A,O\
MJ6/%?_@J_P#M]%@OY/[@_P"$R_ZECQ7_ ."K_P"WT6"_D_N#_A,O^I8\5_\
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MI6MY=N@7MW5OE:YU5 SB_B!_R*M_V_?:?[8_XF%K36Z#^NQV8Z#Z#V[4OZ[
M+0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 >87I_P!.^)GMHMAC_P %-Q1M;^NH
MMK]++[KGI] SB_B!_P BK?\ _7;3_P#TX6M-;H#LQT'T'\J0"T % !0 4 %
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M-R2YDUHXV9SOB?XS^&/#.O/X=DM-;O[R 1K?7FFZ9->:7I$UP#]ECU6ZB/\
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MH[?UU)[^AZA04<7\0/\ D5;_ /Z[:?\ ^G"UIK= =F.@^@_E2 6@ H * "@
MH * "@ H * "@ H * "@ H * /(?BK\,6^)":%;F]AL[?2[JXGG26-W:99K9
MX4\HIPCQNP<$^E8.B_K"KQERN&&Q%&GI\-6JE[.IVM"4;M=1R?[J%.RM'%X;
M$2B_AE3HR;G3:_OQDUV/GI?V1;^ZT!=,USQ9;ZI?/:ZE%>7S6]S$;N26=)--
MC?8ZRK;VT,4<,H5PY&YD(.*Z)2:FJE.$%..'PR:E>,)XNG4=2O7FHM/]]?IJ
MG8F-UB8U9.U.%;$J,()1=+"5J/LZ5&#VYJ5V[O1K0B7]E37H]-'DW?A"TO9K
MZ)]0TBV'B)-$OK2&W-O$UU<M>MJ<US'GSD1I%MP_R[2E$TGR15^1JNZD79*%
M6MM4HQ6C<%I>I=OJ:0DHQDK.,H1I0I33]Z5.G/FE"I?2$:GVO96MT.J\*_LW
MZ[H&D7>F7.OZ0V_PAJGA>U^R6MTD<(O[M[J.9A*Q8I%O*%0=S  YS6E2:E%I
M<UY?4.9NW_,'*[=E_.MNS\C:AB/9U*,W!)4L;B<5RPNE:O25/D5[ZQ:O=[H^
M@[?PD]MX&T[PLZZ??7>FZ1:V$4UY;+-:"YMX%B6Y6&57P01O3C<IQSFEC9_6
M*\ZL$Z?/4YD].:$7\3B^DK7M8YL.O8)K=7J/DVC+FE*2C)=M;,\=T7X%:]HG
MQ TOQ-9^)DCTBU\NXNX0]\M_)/Y9%S91PI(-.^P7,C>8[21&==JJK8JZ%6-#
MVZ<$X2IRI4E_-%VY75YMG#5QY+7;=QUFJM"E!0C&JG>I+X5&7-S<]-1L^;E]
MRTO=4=4KFOK/PL\;1^+M=U/PGXDTC2]!\736=QXABOK*:YU2.2T0Q[=.8?Z,
M$GC.U_.&4ZKS7-135&>%K6EAXU*U6C&"Y9<]6#BXU'_)S>]>/O=#6O6<Y4:L
M%RUJ5".&L_@5-3Y^>*6O/NK/3J<IJ_[/&NWF@:/I5CXHM;*ZTE]??[2L%PBS
M_P!KR%T0F(B2-0#LF9"&()*$'%9SIMSH3C:U++Z.#E3;:A-TI\TFW&S4)+2R
MU,*$?94JU)MIU,PGC54BES4U.'*K)Z>TB]4W[OD8'A+]F?Q#H-^UU/JOAJT@
MEU31=4FL]+AU611-I7$F)M0EEE=KG[Y9V^5R<#%==*<:,J+7-:CB,374591B
ML10=+V<4ND&[IO5K?4Y:^%]JJEI6G4HT*$I2N^94*ZK*H^TYVM)+W4]CB_B3
MX-\0_#35M6U#0=0ADU?QC%KUO_I&AZIJ&FRP:G@16<<M@KM!J09OW;3!;=^K
M, *XL-"4,.\OBD^94742]V<W&O[12H7]RT8WYU)KNCU*JI2Q*S*2<94I6I6E
M[M./L>2:K16K4VDX.*TV9:\*_LJZC*GAK6-070,WMCHMSX@AU>/5VU.QO+$^
M8T>G6]M=1:>5DR.+N)FC/3D5ZDY4Z&/K3IO]U#%+$T902=1S]G&#A/FO%)-:
M3@E(\^]3$X.,9KEG*C4H.E)*-.-.=5S4_=M-R:?PR?*]#Z%^(/PP\0ZQK&F^
M(?!FK:5INJ6VB7'AJ[CUFWN)[-])NT$<KP+;'>EU&HS%N_=DX#<5Q7GSXJ$F
MOJN.<7B8K2JG&3DI4WLF[M-/3KN=<)1IT,/",?WN#J*K0>T&U'E<9QW4>ONZ
MCOA;\()_AQ=:[(-72\AU;3K*TCV1/'-#<0*YFG;)V8>1RT:K]T  UO4J)X.6
M$IITTJ\ZE)W^"G*FH0B^\E:[9RQIR^N?6Y-7E32G!)I.I[3GDUVCT2W/#I?V
M4_$-YXFDUF_\0:&ZB[UB3^T FK2ZQ>6^IAC$MT)IFLH6M&*A$MHTC=1\W-8T
MG[.A.CRQI\^'A2E&%^3VE.HJD*S<KS;G)>^KVU]TZL3-U:CE!-1]M"HE+1PA
MR<DZ<5&T5HVXRWON=C=_!7XGZMI^DP:QXM\,O+X>O+,:-;6NG7D5G_9]JC1%
M[MS_ *0U[+&02$/D*PX&*V]HOK"Q4E^]J0K0KI:0C&K34$J*\FKWGJSEG1BZ
M"PM-N%"DZ<Z-]9RG3J>TO5Z);KW2AX:_9BO]%\3^'M;G\26;66FQZC-JVFVU
MI*JZAJ=Q+)+87R,YPK67F<;AEB :IUE&IB90YX*>$IT,,N:WL*JA[.K4Y=K5
M(]%J:55[2---M-8EU:MFU&5+F4U35M;\RUOHT<]!^RSXH7Q'<:W<>(/#[R&/
M7K<7YCU>;4[^#60_EM>^?,UK"]J6"A+2-(V0=,U&'JO#T*M*$(4_;8>E2E"-
M_9JI1FIJK=^^W4^VF[*^AU2K?[53KI-JEBHUXJ3LXPY.65.,8VBO[KM=]2M9
M_LD:BNJV5SJ=WX3U*WF73O[7GGBULW<+:;E4_LRW6ZCLF\U<$M=QLT;\IQ50
MJ0A5E)*5.#J5:Z<'^\=6M3Y91;E>,8)ZQ<4I6W.>M>3J5*3M4J>YRS_AQIJI
MSIVC9N;6C3?*>A:/\#?&.E^)?#0'B+0O^$)\)ZS=ZMIEDEE=#6I1=@YMKB=C
M]F5(B?D:/YF'#5.%J*E5IUZZ;JT<'6P<%#2+C5=U4FG]KHTM.ICC*3KTY4Z3
M4%5Q=#%U>96Y94H\KA34=+2M=-ZG2>-/@;_PF-YX]N+C58K4^*=.MX=(FBA?
M[3HVHVL;+#>[_P"+#'E4(++E3UKB5&5.A6C"7)6EC(XFG46T(V2G3DNJFDT^
MFIW*M%8G"U)0YJ-'"RPU:B]JG-)S4U;1.+=U?J>;Z%^R;#!I@A\1:OI^J:U:
M^&+72-+UZ"S>*_T[5;29KB+4[:5_GB#2;3(D9!<9!R#7I8G$N<L16PR^KXBI
MBL/B*<U:T51I1IRI3_FA.SNMK,XJ5+EK0]J_:X6-+$4IT'U]M-RYX]%.*M:7
M=7/1M7^!</B+PM&FN75M+X_BL[.'_A)H9-0%K//ILBR6LDU@]QY.URB^?MA#
MG+%36%:;A6]O@DL/+VL*\Z<_>IRJ)6FK;QC*[MRVL=&&G*E#V-:3J4H4ZM"D
MU:,X4ZFB;V4IQ7?1GFWBS]G/QSXWETS7_%.N^$]6\1:6+BRM=.DMM7L_#L&F
MSQ"$E6L9[?49+L ;SYKF)F.TC;4VA"<I0C_O$+8N4[\R?-S+V,4^2R3M[ZUW
M8X3<:*H-M0H2A+#J.G-**U=;LY;^Y;EZ$B?LM7]MJFB7VGZ]I%A;Z7964!M(
M=/G,/G6\4B2M%'([CRG>3A9&)9<[^36\ZVE6,4[2G5<.:SM"5.,(J25EI;6V
MR>@H2M3<7'E<J?++ED]).M[5R3?O/MKU/0?A!\'-=^'NN:]JNH:EI$5KJ<7D
MPZ3X>748=.DD#,S:C<VU]+)';WDN?WB682#.=JUES+ZG4P_O<U3X8M\U.@E#
MEM2D_P!Y:3U:D]-D8SBWB*51-)4E)2DH\E2MS-->TC&U/W+63BDWU*FC_ :\
ML;VUEO-;M9[6*Y\523QPP2I(T/B-I"JQLQPKVZR?,QX8CBHG:2BM8\N60P*M
MTG"I[15+?RW2TW.O$5G4K>V@N6V.HXM1>UJ=+V3CIUEJ[^9RUQ^SKXKU:'3]
M.UCQ/HITSPM"MGX46TLKI+@VQO%N7?5RYVM.$7RU%O\ (3\S<U2FY5Z6-K)?
M7(U</[7D]VC['#WTA'=3J.S;>BZ'+B8^TP^(P='W,/6]O5CS?Q(UJR25[:<D
M=?-WU.M/P,U+[5>SC6[,"Z\:Z7XI5?L\H*06$"0M:GG_ %KE<JX^4 \UO1KJ
ME4P,N5VPGU_F2TYOK=[6[<M]>XL9#ZQAW0C^[?U; T+O:^$ES2E9=)].W4G\
M??"KQQKGB[4=<\,:_H%AINO^'[?PYK-IJEG=RW4=HKYFN+"2W(03LA*HLOR9
M.3S7!1H1C+%PK-_5\3B*&(:IZ5(2H6:BK^[:32N][;&\Y1Y<)*$6JV$HXBE'
MF=J<EB-+NWO)QN]MSRC5/V5/$,^O6M]9>(=$>VTW4]/U'2[[4XM4N-5M8K.#
MR6TX6ZS?V:+4Y+JPA,K$X<XKLIUI1J2JN,(SDL53FXJ_MH8F+CS5.;:<%96C
M:+7F8RA%4(T(*T(T*%-1D^54ZE&:FY4^6S]_6[E=KH/D_94UK4H?$,.J:UH5
MG#?BWEM--T9=7M])U'4+6Z-S'?ZS://B":3_ %<HTPQ*5.X#=6"2CAZ,5&+J
M4,33K4Z<W)T:48P<)1IM?O(^TOS/6T7HE8VYVJDVFX1J4*M&I5C&*K256S2E
M&WLVH6T;7,]V[DEE^RIJ445O<?VAX:T>_9M3-]#I%MJDEF_VVW2W@*37]Q/=
MR-&$W.TK<YPHQ6SDE0JT(.7+4A2LFHQ4*D<5'$3:44KII<J;]YO5G/*',IZ1
MC)M14E>[@J$Z2<K];RO9>ZEHCII?V;;^Z\-W?AVY\0V@CO?%%KKDTL5M,I%K
M!9_99+=.01,_+*^=HZ&B4X2C"#BXJ"QR:3MKB_A:7]Q_%W.O#UGAD^5+F6 P
M>#71*>&:;FUVET6ZZESX/_L\/\-_$ZZU=#PX\6F64^G:1<::FK/JEQ#/(7:;
M49-0NI;>&3:0K1V4:1L?FQ3I5G&C5BUR5*U.C2G&GI2Y*/PM-_O&Y/5INRZ'
M'6I>TK497O&E5K5U*:M/GK;Q48VA%+^9*[6Y]55B:A0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % 'E][_P ?WQ-_[ MA_P"FFYH[?UU)[^AZA04<7\0/^15O
M_P#KMI__ *<+6FMT!V8Z#Z#^5(!: "@ H * "@ H * "@ H * "@ H * "@
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M-.G2;<)RC-4Z4W_+"]Y-]SU/0/C;XWU/Q-X8%QH>@1^$O%>O:CH=C)#<W?\
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M(O<5"D])IV?,V]$=S\,_&FJZIXPU[0-1NS>P2Z+HWB73Y <QVL>J0*TMI&V
M?+23=LW<X.*Z?8*&'Q%M\)CZV%C)Z2G3?OPE+I>SMIT.63ES82LK*GB\+S.*
M?P5J3<:EH_94M_6Y[W7-MY6Z;6N:;>5OE:X4;>5OE:X;>5OE:X=/;'X8S0&W
ME;Y6N% !0 4;;:?@&WE^ 4!_78* "C;;3\-_\P"@ H * "@ H * "@ H * "
M@ H * "@ H * /+[W_C^^)O_ &!;#_TTW-';^NI/?T/4*"CB_B!_R*M__P!=
MM/\ _3A:TUN@.S'0?0?RI +0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M0 ?2C;RM^%P"C;^NX!_GTHV\K?*UPV\K?A<.GMC\,9H#;RM\K7"@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@#R^]_P"/[XF_
M]@6P_P#33<T=OZZD]_0]0H*.+^('_(JW_P#UVT__ -.%K36Z [,=!]!_*D M
M !0!E:W=WFGZ1J%YI]E)J%[;6DTMK8PX$ES.J$QQ)D@ NV!R:SJN48/D3<M%
M%);7=F[?W;W-*48NI&,Y<D+ZO:R_X.Q\#P>+OB]>6=T?$;^-M'":]KKPR0:?
M);3?VF8$DT'28TA24R:8LI,3NV$D()9P#6E!<N&P[@^?%QC6CAX5-(8FHL2O
M:3Q&RBHTF^1::;7-(*BZ^.C6O3H1KX)ODT5'"RHS]JZ<NLW-)RDKM-['IOPE
MUGXD7GCFSB\3W&N_;I(=4_X2C3+J*1-#L+9(8/[&FLF,:Q)<3$N9!%(Y9LA@
M,5UQC14*_LVG25).4IZ5*>-=5\]*DM+T4M$]N6S,<3&G&%%TFXU/:4%1BG[L
M\(X2]M4J+_GY?E=W9IO8\\_:S_:J^*?[./C+P<=/^'%EKOPQUNYTW3M2\37%
MU+!<0ZK?WJV_]GVR(?+\WR6,J%UVY&":X[=O\@C'_@+8^]=+O5U+3=.U%$,:
MW]C:7JQL<M&MU;QSJA(X)02!21W%,DO4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 )TYH_#RVL'
MX?@>:_#?XJ^%_BC%XDE\,&\V>%?$5_X8U/[9;FW(U+3GV7'D@D^9#N^Y(.&'
M-&WD.UO(]+H$% !0 4 % !0 4 % !0 =*/P_ -CQ/X2?&:Q^*NL?$G2+/1[G
M2G^'/BZX\*7$MQ-'(NH2P1K(;J$1@&.-MV-C_-1^'Z!MY6_"Y[90 4 % !0
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M#[BH)"@ H * "@ H * "@ H * /A']CG_D=/VH/^RR:E_P"D\='8;/NZ@04
M% !0 4 % !0 4 % !0 4 >7WO_']\3?^P+8?^FFYH[?UU)[^AZA04<7\0/\
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MHVUU+B/[YV0NQ^3^+T[T?A^ 6MY':_Y]* "@ H * "@ H * "@ H * "@ H
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M&N-L<;!%7@"BS]%VV*>EEY72V]3]5NG'I_6C\/PL3_78* "@ H * "@ H *
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M$S-%&S *S(K,H.0K%02 1VST/>EM\OU(_#\+$E !0 4 % !0 4 % !0 4 %
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M[PEED (!VC-'II^A<.O33T/U-\*?\BOX;[?\2#1_P_XEUM1MY?@1MY=NAOT
M% !0 4 % !0!\3_MCSS>*;'X=_!6PDN4N?B=XNL;/4OL;8FAT#3W%UJ4CC^&
M-XUV%R, FC\/P*BMWV^2,[Q1^Q+\/=+^&FJ^'? <_B'3+[3A-K_ARVEUB:>P
MM?$UN!<PWZ6Q50LTL\8!(8##'C%%OZV%=_=\M&>T?LV?%%OB;\-K"XU(&W\5
M^&I)/#/BVQD^6:VUK2C]FG=T.&"W.P3(Q #!LBC;Y?J#5M%MT^9] T""@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * $/0_0_P J
M /A[]B;_ (\/C;_V6;Q;_P"E)H*ET]#[BH)"@ H * "@ H * "@ H ^??VG-
M9\5Z+\(/%<G@ZT,VJ3:;<QO<M(L,.G6AB;[1=RR$C:J(3TY]*:LO\M@MTV]-
M#\"OV1_AM\=K[XES?%;P!8_VU:^'O$[67B*:&YV_:7=Q-.L8;!D!C8X8]::Z
M_EM8N5DDM?+38_IFTBYN+O3+&YN[=[.ZFM89+BVDX>"9D!DC;'=6R*G;;IMT
MW(7E\NAHT % !0 4 % !0 4 % !0 4 >7WO_ !_?$W_L"V'_ *:;FCM_74GO
MZ'J%!1Q?Q _Y%6__ .NVG_\ IPM::W0'9CH/H/Y4@/%?CG/J\/A:TCT&TBN]
M5FU2W2U#79M;B @,6GM LD9EE08!3)&TDD'%82Y_K%"%/W=*CDUOR)+F36RA
M*]IR>B1K'DC1K2GT4(PB](N<GI;^^M7%*S;,7X7>$]/\%74>IZGJ.F?VKXCM
MX8F66]C-]!J%P?/GT^%%<HX>4%SY8W,P):N^T:<9X2@KPIV<'!6YJ44Y<LET
M5)R?+;1+U..$:DE&O43@H\]2I!Z1I5*C4'5O_-4BHJ;>KV/>KV\M].M+B^NI
M/(MK2&2>>0YPD4:EW; Y. #P*Y9R5.+D]%'HD^K[+N=,(2G.,(+WF[*.VK_(
M\K3XY_#1[;[4FOKM%Y]A>+[/.)X90@D9Y8-GF1PK&0[3,H15.20*T4)7I65O
M:J7(]HKEDHM2>T7S-+6VH.G->T]V7[GE326[G>RBOM-V>B.DT7XD>#O$&MR^
M'](U>*[U*&)I1&B.(ID15>3[/.1Y4S1*ZF18V8IGD"B-.?+4FHOEI/EE?W;>
M\XW2W<>:Z4EH1/\ =^SYDXJ:3CII[RYHJ7\LI*]D]6?E[_P55DCFTGX310^*
M[:"6P\:Z7)=^#1,HNK^.ZNX8[?56MP=_E63@X?;C+XS4[?(TAI?RVZ;_ /#G
MZO>%/^17\-_]@#1__3=;T$&_0 4 % !0 4 '3VQ_6C^NP;>5NGJ?$/AO;\3/
MVO\ Q-KN?/T;X.>&HM!L2&)2/Q!K1\V[POW=\<  S]X9Q1Z:?H5LNWEL?;N.
MW;T[>_'O1_78G;^K'PCJ4<G[/_[3%OKD0-M\./CAY=AJNWY+/3/&D(Q:W+#A
M(SJ"?(S':"_')-%NW]?(?Y_=H?=P((!4\$9&.F#W'UHV^7ZB_KL+0 4 % !0
M 4 % !0 4 % !0 4 % !0!X#^TAX\\:?"_X9ZUX\\'#199?#D/VN]L]8CG9+
MJ%G5!' T!'ER9;.YN,4;>5OE:XU;_*VATGP;UGQSXD\&Z3XF\:3Z$\NOZ;8:
MK8V^B07,*VL-Y LQAG-P3O=2^-R<4;>0.RV_R/6J!!0 4 % !0 4 % !0 4
M5;VZ@L+2YO+F18K>U@EGF=B%5(XD+LQ)X' -%O\ AM@V/A3]A+5[#5]&^,MW
M83+)'/\ %_Q3<HH8;O)FN28W*CD!QR#WHVT_X!3Z=-/0^]:"0H * "@ H *
M"@ H * /CS]L/Q'>'PGX7^%>AR,->^+'B?3O#BQPOMGCT5)TN-8N% YV+;*4
M?L0V#1;MIVZ#6C]/D><?L)Z%9>&=3_:%\/:=$L%EH_Q2GL+>)0%5%M["",G
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M^%_%MF_RRPZKI9^SM,R'Y@MTB"9&( 8,2*/P&U;TZ'T10(* "@ H * "@ H
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M\CI^T_\ ]EDU+V_Y=XZ-O*WZ_P"8/3RM^%S[NH$% !0 4 % !0 4 % !0 4
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M1MY6^5KBV^7ZA0!\(_L<_P#(Z?M0?]EDU+_TGCH[#9]W4""@ H * "@ H *
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MD:7_ ,(QKG]DM!HD4L5CYS0":<QB5F<D29!;/)HMR^7X$O3R[=#[2H$% !0
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MN/Q_I::GI;E1>75\]S#]@N(1]\Q6[;S*1P-PS1^'X%0WMY'ZE>%/^17\-_\
M8 T?_P!-UO02;] !0 4 ?$'[4<C^./B'\$_@G:L'CU[Q1'XJ\1VQ4M$VA>'6
M%R5FV\('N @7=PQHM;RM^HUIKV^6Y]MPQ1V\44$2A(X8TBC0<!4C4(B@>@4
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MNEC[A^E&WE;Y6N(* "@#X1_8Y_Y'3]J#_LLFI?\ I/'1V&S[NH$% !0 4 %
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M!0 4 % !0 4 % !0 4 % !0!Y?>_\?WQ-_[ MA_Z:;FCM_74GOZ'J%!1Q?Q
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MU8P"8 RID'Y@ *-O+\ :L^WX'NM @H * "@#X2_:11!^T=^RPVQ0QUW7LG:
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MVG_ );[:):+R/I"@04 % !0!\(_L<_\ (Z?M0?\ 99-2_P#2>.CL-GW=0(*
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MBJ1KA0+A-->Y>#2X2^,F);9 T?.,-Q1MY6_ ;TTVM\K'V'0(* "@ H * "@
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MI6.KV-MJ6FSK<V-W$LUM.@95DC<95@'56 (]5!I_UV)+] !0 4 % !0 4 %
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M8YR: VVTMMTM<Z2***WC6*&-(8HQM2.-5C1!Z*J@*H]@*-O*WRM<"2@ H *
M"@ H * "@ H * /AG]K#_DJG[*?_ &5.;_TVO0-;,^YJ!!0 4 % !0!\(_L<
M_P#(Z?M0?]EDU+_TGCH[#9]W4""@ H * "@ H * "@ H * "@#R^]_X_OB;_
M -@6P_\ 33<T=OZZD]_0]0H*.+^('_(JW_\ UVT__P!.%K36Z [,=!]!_*D
MM !0 4 % !0!^1W_  58NKB/PY\'[-?#JW%M-X[T^27Q,4&_2WBN8#'IZOC*
MC4"2I&>=M+;^K6+AU[)>FY^J7A3CPOX;[?\ $@T?V_YAUO3V_JQ&VG_ -^@
MH * "@ H * "@ H * "@ H * "@ H * "@ H J7UC:ZC9W-A>0I-:W<,EO/"
MXRKQ2J5=2/0@FC;R#;R_"Q^5G[/7[.GPT7]JSXYWW]D[O^$&U/1[G0(&(,-M
M-J,;33L4Q@_O.5]*/P*>B72WRW/U= "@ #    '  '  '84?UV)%H * "@ H
M * "@ H * "@ H * "@ H * "@ H * "@ H * /AG]K#_DJG[*?_ &5.;_TV
MO0-;,^YJ!!0 4 % "$A1G(4#N3@#^@H_KL']=CX1_8Y91XT_:>^9<GXR:EM
M(_Y]X^@S0-_=^!]WT""@ H * "@ H * "@ H * "@#R^]_X_OB;_ -@6P_\
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MM&#YHQV49=TNY?-*[E=IV<;W^R]UY7'Q^!?!T4DTL?AK1TDG@^S3,MC "\&
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MM09[?+]3?H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M!;#_ ---S1V_KJ3W]#U"@HXOX@?\BK?_ /7;3_\ TX6M-;H#LQT'T'\J0"T
M% !0 4 % 'Y"?\%6T\1_V-\&GM;JWC\,+XXLQJEHTT*W$VH-<0?V?)% ?W\B
M1G?YCI\BY^>CR+AI>W;3I_5S]7/"G'A?PW[:!H_MUTZVH(-^@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M_#?_ & -'_\ 3=;4$&_0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M2LN94^:5K>YYGM7B[Q3\1[+1_A=83W/BBSU[5M/U :G!H]LCWEQJ5J/]$_M
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M_33<T=OZZD]_0]0H*.+^('_(JW__ %VT_P#].%K36Z [,=!]!_*D M !0 4
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M5?\ P,NO_BZ Y8]V'_#8G[8W_1GNJ_\ @9=?_%T!RQ[L/^&Q/VQO^C/=5_\
M RZ_^+H#ECW8?\-B?MC?]&>ZK_X&77_Q= <L>[#_ (;$_;&_Z,]U7_P,NO\
MXN@.6/=A_P -B?MC?]&>ZK_X&77_ ,70'+'NP_X;$_;&_P"C/=5_\#+K_P"+
MH#ECW8?\-B?MC?\ 1GNJ_P#@9=?_ != <L>[#_AL3]L;_HSW5?\ P,NO_BZ
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M5?\ P,NO_BZ Y8]V'_#8G[8W_1GNJ_\ @9=?_%T!RQ[L/^&Q/VQO^C/=5_\
M RZ_^+H#ECW8?\-B?MC?]&>ZK_X&77_Q= <L>[#_ (;$_;&_Z,]U7_P,NO\
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M^?\ 8Z:C_P"FJ2C;R_ :V9]*]/;]*-O+\!!0 4 % !0 4 % !0 4 % !0 4
M% !0 4 '3VQ^&,T!MY6^5KGB'PY_Y*!\4A_U$K#C_MA1MY6^5K@>WT % !0
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M_9N7NJJY*GTYN765O2^IS]CH.B^$=1\1^)9+QXSKLT$]Z926CB:(>6GEJ@+
M'//'6A?%"/VI24(K:\GLOF#T3>RBFWTLNIV:2Q,BR(Z[&564YQ\K@,IP<8R#
MGD9JFG%M6LXMJWFM&OO$K-)K9JZZ:/[B08[=.V*6WR^6XQ: "@ H * "@ H
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M_4='GBO)'N+^;5XE>-_$5R+<Z*&WO#Y:N(<EN=NS=[UWMT.;"M+2+<JS:?\
M$C)>SDE_=5[6L>9.&,4,7&E+E<X.-"S2MS1:FGY._4FUOX/_ !L:ULM"TL7$
M6F:7+=RK<V_B8P-<PW"IY%HD#L#MMR-I69PA'W2*BK556?M'&TH\T$G9J7O-
MQJ2V5FGM\2\SVE4I1P:PT(>SFX8/FG'W73=&%JT4TK^_*[TTE?4?H_P?^-=M
MY\^L)]NMY9%6#3+;Q%):M!,(T2VU*697P3:D$O;JS*_;.:*DH^QC"'NXEQ?)
MB%\.'FW>4N33VBFM%?5"C4I*C3C*%_9J2G!:.K!N35/F^S+5-M:'I_PL^%_Q
M%\*^)-*UG7]0FNV<ZNFN2OJ\]S'/'+(#IP2V=S$/+3CY%4CN3FM8SH0I5*<5
MK*A2NVMZ\6^>=_L\V^A&(]C.FI0C:M3J452^RH4/9VJ0LK)^_P!7=O>Y]7 ;
M>G'Z5R;?U8Q%H * "@ H * &.#M;'7:0.W4<?2IDO=DEORM+IK9V'&RDNBNO
MDKZZ'P_X@^!_Q(UAO%TKS2-)=S2G0477[B"%(IYY#,)(HW2-=\+!2'5O2N*E
M0K4\)2I-_O?:485;NZ>'49NI'7363B]%?S+E/_;:E6+:I*-2=)+W6JTIT^65
ME:UH*:_X<R+OX.?&/2]!A\+^'HGALV;1K@W5OXE:V^R)9VSQWME$C$R$S2-N
MW B-S]ZO3G4]K[.,TX^P6)3DK7J*K&FJ45'9*EROXNCT.547"I.I"23K2@W#
M5*FZ<YN4GW=123O'5=;E.R^#GQM273)[\-=:786\T%YHR>(3:W6IPM<%XHI+
MF.0I$ZY#LZOAL8/)Q6BG25W.'.W3Y(J/NQI5>6T*S_F]F]7'9WT.J37U:-*E
M)TZD<:J\Y2BGST/9VJ4EV]H]GHUNSNO!7PC^*&CZ]INO:Q?SS75MKM@PSKEQ
M-';>'5@D%Q8& OY,S1LT:%F0O(5W!JVHU</3<+K65'&QQ$^72I5ER?5Y*/V;
M6EM:WS.+%1J5:E5T(NA153"2P])3_A1A?V\7+=WO?SN?9G3\/ZUP^AT_UV"@
M H * "@ H * "@ H * "@ H * "@ H \OO?^/[XF_P#8%L/_ $TW-';^NI/?
MT/4*"CB_B!_R*M__ -=M/_\ 3A:TUN@.S'0?0?RI +0 4 % !0 4 % 'CWQ2
M^(NH^!VTJWTNTTMIK];R=[K6[B6TT]8K*(RO;1RQ8+7UR!LMHR<,Y'!KFG7]
MG5E'D;C2P\L1*,?XE1*2C[.E'9S=^9^1<H<F']JMY5X4(I?#3<DY>TJ]J:M:
M^FK/,?A9\?/$7Q!N[-=0\.6.B6&NZ=XBN-*,,UT=1M9-"?R7%[',!$/./SQ^
M7R!@FN[%865#"8NISVJT\)3Q-+DV4*R>DO\ IY!V\KFGL^7ZO64?W+Q.'PM6
M,])NI6A[12@EI[*RMKJ[W/-+7XJ:_P"%+70_$D'B^^\57=_JGB2WU_0=0O8[
MRUTVRLY)?LLPMK9%EL%B<)&&<C<#C.>:(^SITZ4(VFJF4X2O[25VX8NJ[?&K
M*\W=.G\SBHOVT,55K5'AZF&S+$4:-&,>7V]",K.'+:_N1]_GL=;X-_:=UOQ+
M?Z3I$OA>R34-<U/^S-+,$URL4SV[JVH/(KES"8;9A+&A8E\>E70PRJRI1O[/
MFI2Q#OKRT(.4:D]+)/VBY5?344JRA#$5'"?)0K?5E-?:KU8J6'2BM>62;YY)
M:6/;O$/B7Q3I?Q0\%Z#"^G1^&-;MM0^UQB.1M0>[MX@Z'S#^Z2%>?N_,3UK'
M!QC4Q&84ZE[4, L102TM)U5"3GYV>B6@8VI*A2RR5/26(QTJ%>^W)[+G2AV]
M[=O6QZ\..G^%3MMI^!OMMIVZ"T % !0 4 % !0 4 % !0 4 (>/P_P ]*6VO
M](+?UMN?*/CG]H+7/">L:M9V>@:5=V]E?_V3;6DMU<IJYN6B\Q;^>W0;4TO)
MVF51NST-/"PEB(T;.,95YRC#?EHJ%10:K_RSGO!=4544*<<3.[C'!THU)J7N
MNOSJ]L,MI\OVNPNK?$WQ)K?PZUJ[O)X?"FL:7KNE:9>W^B74B0Q6]]Y,S203
MW:[HB(I-KNXP#DCBGB:4:;RV2JRA3Q&+G1J*ZC;V55TY*_\ +)JZZV%@ZO/+
M,(^R3>'P?MJ-TWK4I<Z;2^U$\YUSX\^(?AD^NV&CWB^/K&W^SRZ3J.L74ETT
MLSPA[FQ%_9^7')Y;$?-EMF<%364JWNRBZ24Z>)KPBDG!SP\&E&>NCU=N;5,*
M5)RJPO)TZ<L-0G)MIQA6FKR5NEUKR:6W/8OA3\;]2^)/AO6M=;0H-*&A:29+
MP(\TX36DB:26SC4@&2*,896'S,#73C**P^&J5Z4[IRY*":L_A7.Y=+1D^6^U
M]R,-+VF*HX647&;;E55URQISE:BXR6C<XWDT]B#X"_$WQ?XZU#Q':^*#:-':
M+%=:6;2.W79;S2N@CF>U9E1U"C,,^VX7^,5:I16#A-W6(C-0JV^"TH<R<&O<
MEOJX:+J.NO9XMTXKEIMU8P5T[>SE9MKXHW_O:/[)],#_ #VKG0]O*WZ_YBT
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M0&VVEOE:X=/;'X8S1MMI;Y6N&WE;Y6N'3VQ^&,T!MY6^5KA0 4 % !0 4 %
M!0 4 % !0 4 % !0!Y?>_P#']\3?^P+8?^FFYH[?UU)[^AZA048GB+1_[>TB
M[TH7+V9N!$4N419&A>*9)D<1O\K_ #QC*G@C-"T^7ZA^GZF*-$\7@ #QD!CC
M_D!6(Z?]M*>BZ6_"PK-;.UOU#^Q/%_\ T.0_\$5C_P#%T:=@L^_X!_8GB_\
MZ'(?^"*Q_P#BZ-.P6??\ _L3Q?\ ]#D/_!%8_P#Q=&G8+/O^ ?V)XO\ ^AR'
M_@BL?_BZ-.P6??\  /[$\7_]#D/_  16/_Q=&G8+/O\ @']B>+_^AR'_ ((K
M'_XNC3L%GW_ /[$\7_\ 0Y#_ ,$5C_\ %T:=@L^_X!_8GB__ *'(?^"*Q_\
MBZ-.P6??\ _L3Q?_ -#D/_!%8_\ Q=&G8+/O^ ?V)XO_ .AR'_@BL?\ XNC3
ML%GW_ /[$\7_ /0Y#_P16/\ \71IV"S[_@']B>+_ /H<A_X(K'_XNC3L%GW_
M  #^Q/%__0Y#_P $5C_\71IV"S[_ (!_8GB__H<A_P""*Q_^+HT[!9]_P#^Q
M/%__ $.0_P#!%8__ !=&G8+/O^ ?V)XO_P"AR'_@BL?_ (NC3L%GW_ /[$\7
M_P#0Y#_P16/_ ,71IV"S[_@']B>+_P#H<A_X(K'_ .+HT[!9]_P#^Q/%_P#T
M.0_\$5C_ /%T:=@L^_X!_8GB_P#Z'(?^"*Q_^+HT[!9]_P  _L3Q?_T.0_\
M!%8__%T:=@L^_P" ?V)XO_Z'(?\ @BL?_BZ-.P6??\ _L3Q?_P!#D/\ P16/
M_P 71IV"S[_@']B>+_\ H<A_X(K'_P"+HT[!9]_P#^Q/%_\ T.0_\$5C_P#%
MT:=@L^_X!_8GB_\ Z'(?^"*Q_P#BZ-.P6??\ _L3Q?\ ]#D/_!%8_P#Q=&G8
M+/O^ ?V)XO\ ^AR'_@BL?_BZ-.P6??\  /[$\7_]#D/_  16/_Q=&G8+/O\
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M%_\ T.0_\$5C_P#%T:=@L^_X!_8GB_\ Z'(?^"*Q_P#BZ-.P6??\ _L3Q?\
M]#D/_!%8_P#Q=&G8+/O^ ?V)XO\ ^AR'_@BL?_BZ-.P6??\  /[$\7_]#D/_
M  16/_Q=&G8+/O\ @']B>+_^AR'_ ((K'_XNC3L%GW_ /[$\7_\ 0Y#_ ,$5
MC_\ %T:=@L^_X!_8GB__ *'(?^"*Q_\ BZ-.P6??\ _L3Q?_ -#D/_!%8_\
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J0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>17
<FILENAME>p59.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p59.jpg
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M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
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M+_\ /1H /[ _:/\ ^BE_";_PU'B7_P">C0 ?V!^T?_T4OX3?^&H\2_\ ST:
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MQ(=KK]Y#CXH\,.ZG!'<4;>7;I]P?UVM_D/\ [ _:/_Z*7\)O_#4>)?\ YZ-
M%SX/^*O&FO7/Q+T/QS>^']2U;P%X]7PK!J7AK1[[0;"_L9O!_A3Q+'-)IM_K
M&N30W,<WB">V=EOWC=($947)% ;>5OE:YQ'AG7?CMX_OO'EYX>\7_#;PYHOA
MOXD^,_!.F:=JOP_U[7-1^Q^%]3.GPW=YJ5MX]T:":XN@#+(L6GP(F0HW')H
MZK^P/VCQ_P U,^$P_P"Z4>)1U_[JCWHV^7ZAM\OU(_[&_:)5"Y^*/PA6-25+
MGX6>(P@8':5+?\+2P"&X()R#P>:/P[?\ !5T;]HDX$?Q0^$1RI=0OPL\1G*
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M:W3:U_R%R!QTQ^'6A/Y=+;:]@V\NO:W<,BBZ7RU]$&WE;Y6N+3] V\OP/!/
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M%PDXVY7'I_PW>^CZD4Y<T>9/=OY6;7YIG5U)9X9^TQ_R0+XL?]B;JO\ Z M
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MLZ(FG$3V\7VA)/,JH6;P\=O:8:M7[6E!<RCY?J*HI4W56WL:U&D[=55Y'?\
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M)TR;X82>%KJ[GUI_$+1,95UG1X'UMB/#$GDZO9PW%U:VOA'^UMNIVAEU7[=
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MT_\ D"@ _P"&@=)_Z)=\?/\ PS/C3_Y H /^&@=)_P"B7?'S_P ,SXT_^0*
M#_AH'2?^B7?'S_PS/C3_ .0* #_AH'2?^B7?'S_PS/C3_P"0* #_ (:!TG_H
MEWQ\_P##,^-/_D"@#F_@IXG@\7?%GX_:W;:/XET&*0?"NW&F^+= O_#.M1M;
M^&M65I9-)U..*[CMIMP:VG9 DX#F/(4F@#G/"OQ0L/ _Q'^/^EW'@[XG>(99
M_BC87HN_!?P_\0>*M+A23X9_#^);>?4=)MYX(;Y3"\DMHY66.%X)""LRT >C
M_P##0.D_]$N^/G_AF?&G_P @4 '_  T#I/\ T2[X^?\ AF?&G_R!0 ?\- Z3
M_P!$N^/G_AF?&G_R!0 ?\- Z3_T2[X^?^&9\:?\ R!0 ?\- Z3_T2[X^?^&9
M\:?_ "!0 ?\ #0.D_P#1+OCY_P"&9\:?_(% 'GTOQ%L_'/Q^^"$%KX4^(7AH
MZ;I/Q9F>3QOX(USPA!=K<:'H$8CTZ75[>!;Z>(KNGA@W/#&RR/A6&0#6^(OC
M*V\#_M#>"-3N= \8^(4N?@YX_L4L_!7A?5/%>I0NWC3X?S_:+JQTF*6XMK(+
M$8S=R)Y7GO%"2&D6@#J_^&@=)_Z)=\?/_#,^-/\ Y H /^&@=)_Z)=\?/_#,
M^-/_ ) H /\ AH+2?^B7?'S_ ,,QXU_^0* #_AH'2?\ HEWQ\_\ #,^-/_D"
M@ _X:!TG_HEWQ\_\,SXT_P#D"@ _X:!TG_HEWQ\_\,SXT_\ D"@#R#XY_&/3
MO$WP\FT&#P#\7]&EU#QC\+D34O$WPP\4>']#M#%\4/!UR6U#5]0M(K.R200F
M*)YG427$D,"Y>500#TG]IO5(]#\,_#C6);/4]0CTSXY?">\>PT73[C5=7O%A
M\1JQM]-TRT5KF_O).D-K;HTLK<(I/% !K?QD\(>)-,NM%\0?!GXU:YH]\@CO
M=*U?X%^+-1TZ[C#+(J7-E=Z9+;S*DBI(HDC;;(BNN&4&E9=NM[=M+!JKI:*S
M36V^YR]WXN^#U]HMIX<OOV;?B-=^'M.NIK[3]"N?V<-:FTBPO;AF>XN[+3GT
M-K6UN+AV9IY8(HWF+-YA;<<B27+;1P^'I;IIY>6P=TM$_B7?S]?,W?\ A:O@
M3S;B;_A2'QB$UWHD?AJZE_X4+XH$EQX<A,QAT"=AI0,FC1?:+CR]-;-FGGR[
M8AYCY'%>]TYFG+ILK?E?[Q)<G+;W7!6CTMJI?HC)\->-_A1X*G>Z\'?L[_%#
MPK<R026KW'A[]GCQ!H\[6TTEO+-;M)8:/ _D32VEK)+%G9(]M S@M#&5-5HM
M%;\>[=_Z[C[/^5NW31[KY]SH](^,_A/P_81Z7H7P<^-NC:;"]Q+!I^E_ WQ=
M864$EW<2W=T\5K;:;'#&US=SS7,Y1%,D\TDKY=V8OLMDDE%=DE9*_DA6MMI=
MW?FWOZ7_ #U':9\:?"VBPS6^D_![XW:7;W-[>ZE<06'P.\76<4^HZE<R7FHW
M\T<&G(LEY?W<LMU>7+@RW%Q(\TKO([,1:)+91T2VLM[>0]FWMK=]-?\ ABU=
M_M :0;6Y4_##X]J&MYE+'X,^,\*#&P+'-BHP.IRRCU('- ''_#KYOV*-$Q\N
M[]GR[(W?)MW^#+PC?G[A&?G!^Z<@]* %^&7QXTJQ^&_P^LF^&GQSN#9>"/"E
MJUQ9?"#QA=6<Y@T&PB,UI<PV+17-M*5WP3Q,T<T3+(C%6!(!UE]\<_#FI6=U
MIVH_"/XYWUA>P2VMY8WGP1\7W5I=VMPACGM[FVFTYX9X)HV9)8I49)$8JRD$
MTFEVM;IZ_P!?>--IJVEMO(Y?1_'GPL\.BP70/V>OBCHBZ5>S:GIBZ3^SSX@T
MY=.U&YT\:3<ZA9+::/$+6]N-+ TZ>ZA"3S60%M([0_)3[6NK1<%TM%N[2[7>
MK[O45E:UM$[^DDK)_P"7:XW4_'7PJUK7;7Q1K/[/'Q0U;Q+8K EEK^J?L[Z_
M?ZQ:+:N[VBV^HW6C2W4(M9)'DM@DJ^1(Q>+:Y)I)<NVFM^SOT=_):(&EI=?"
MFDNB3OS*W9W=_4U/$?Q6\">+]-.C>*_@?\8O$NDFXANSIFO? ;Q3JM@;JW):
MWN#:7VES0&:$LQBD*;XRQ*D9-#2ZK]$NV@+W=KQ6MO)/H7-$^,OA#PSI=GH?
MA[X,_&O0]&T]&BL-)TGX&^+=/TZRB>1YGCM;.UTR*W@1I9))&6*-5+N[$98D
MTV[WOKWV$DHI1BK);+:QJ_\ #0.D_P#1+OCX/^Z,^-/_ ) I#,3]GG78?$NM
M?'W7+?3==T>*_P#C#$ZZ;XET>[T#7+4Q?##X=6[K?:1?HEW9L[Q-)")D4S6[
MQ3J DJT!L<'\+?BQ8>#KKXNZ)/X(^*NO2Q_';XJ7!U#PA\.?$?B;12+GQ TB
MPQZKI=K-:/<0J0MS"'$D$N8Y%!&2 =[K_P 7_!7BG39=&\2_!/XS>(-(FDBE
MFTO6_@1XIU33Y9()!+!))9WNES0-)#*JR1.8RT;@,I!I6VZ-:KI9M-7MZ-KT
M;[@M/)=5MY_GKZG.7WB_X/ZEINDZ-J/[-WQ'OM(T"66;0M+O/V<-:N-/T62>
M5IYVTJSET1H-/\^=FFF%JD2RR$NX8\T;.]]59=O=2LH^BW73R"VENCU:\V[M
M]-6RQ8^.OA5I7B"X\6:;^SQ\3].\57;S277B2R_9VUZVUV>2X&VXDEU6'1EO
M6DN%^69S-NE7Y7)7BA*RY4[6NM--);I+I?KW^X++MVT]-ON>IE1Z[\$(/[7\
MG]F+Q]'_ &_')#KNS]FO6%_MF*:[34)(]4QH?^G*]\B7I%SYG^E(MQ_K5#4)
M*,5&*Y8QO:*T2OO:W7S#7T?<Z&R^)7PYTV/0(=.^ OQ:L(?";7+^&(;/]G[Q
M):Q>'7O89+:\?1(X=)1-,DN[>66"YDLQ"\\4LB2,RR."[6MWBG%=+)[I+MY;
M UHUT<E*2VNXZQ?JGK<Z@?M :2!C_A5WQ\X]/@QXT'7V^P4)6TVM^H?AVZ6.
M/\+^.[3QQ^TAHT]KX:\<^&O[-^"7C.)XO&_A#6/",UU]I\=> 7633HM7A@>^
MCB\IEN7@4K SPJYS*H !]6T % !0 4 <;XZ^(/@SX9Z'_P ))X[\067AG0OM
MMMI_]I7_ )_V<7MX)#;P'[-#/(&E$4A!*! $)9AQ0!R.C?'SX+:_JOA/0=%^
M)7A&_P!8\=Z$WB?PAID6K0K>>(- "WCKJVGP2F-I+6>/3=1FM78(]W;Z??7%
MJLT%K/(@!;T'XE>&OBMX5\1ZE\$O'7@OQ)J&G/J&B6FLI))XAT#2?$L-LLMM
M%K=CIE_IM]<6:^=;79AMK^Q;4+&:.>QO1%-'/0!\:?LP+,OA?]BP731/=)X3
M_:#6ZDMT:*W>Z&M60N9+>)W=XH'F\QH(Y)))(XF1'D=U+L ?HNUW:1R^0]S
MDV0!"T\:RY;[H$9</EL_* OS9XSF@"QP/H/<CK0 T%>V<?7']: #<O3./Q-
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ML_?\>'Q:[8^/WQ=Z<=?$;>GK0![[C'KQ[GO1_78 Q]?S- !CZ_F: #'U_,T
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M0!)\(/\ D=?VA_\ LKUI_P"JN^'5 'N] !0 4 % !0 4 >">/?\ DN_[/_\
MV#_C!_ZC_AV@!VI_\G+^$>V/@?\ $'VZ^.?AU0!X7XJTSQF/VW/ 6@6OQ;^)
M>G^#M;^'6N?$J^\"6>LVD7A1]1\(ZKH.@6^C?8&T]I!H>JPWT][J]NUPUQ/?
M$/#=01,8@ ?<^ !^ 'I@CZ=.] ;'QC^R[_R5G]L_V^/]K@= ,> O#0_E0&WE
M;Y6N?:E !0 4 >!_M,_\D?U7_L;_ (4?^K9\$4 ,_:!_X\/A-_V7[X0_^I*M
M 'O] !0 4 % !0 4 5;W_CSN_P#KVG_]%/0!\J_#S_DRG1O^S?KW_P!0V]H
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M_P"I&U 'OU !0 4 % !0 4 >%7__ "<QX6_[(;X[_P#4]^'E 'NM !0 4 %
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MNTW_ *->@#]+O&7_ "959_\ 8@>"O_2_1* /SCT+_D8/#O\ V,&A_P#IVLZ
M/O/]N?\ X\_AC_V$/%7_ *2:/0!X/^R;_P ES\.?]@7Q1_Z:S0!6_:K_ .2[
M^+^W_$O\*^V/^*?LZ -3X7_\FV_M1_\ 8#L/_37>T ?=O[1?_)(KK_L;?A/_
M .K2\%T >]4 % !0 4 % !0 4 ?/O[/'_)#],_["OQ._]6+XRH UOV;O^2!_
M"'_L0/#?_INAH ]LH \K^)WQN^$GP6AT:?XJ_$'PQX!A\027T.B2>)-1CT]=
M3ETU;:2_2S+@^:UHE[:M,!]T7$6?OB@#L]+U[1_%/A>P\3>'=1M-8T#Q!HD&
MM:'JUA*)['5-)U.Q6]T_4+.9?EFM;RTFBN()5XDBD5QP10&WE;Y6N?P9ZK_R
M%-2_Z_[S_P!*)* /Z<O&/_*&^S_[-\\"_P#IX\/4 ?S4^ _^1Y\&?]C7X=_]
M/%G0!_:MX!_Y+I^T'_U[?"/_ -1C6* )/A!_R.O[0_\ V5ZT_P#57?#J@#W>
M@ H * "@ H * /!/'O\ R7?]G_\ [!_Q@_\ 4?\ #M &%X^_Y+;;_P#9M_Q:
M_P#4H\!T ?RJ+_QZ_P#;%O\ T!J /WO_ &FN/^":'@WM_P 4/\"_;'[WPS0!
M^/?[.X_XO_\ !'_LJO@;';'_ !45C0!_6Q0 4 % '@?[3/\ R1_5?^QO^%'_
M *MGP10 S]H'_CP^$W_9?OA#_P"I*M 'O] !0 4 % !0 4 5;W_CSN_^O:?_
M -%/0!\J_#S_ ),IT;_LWZ]_]0V]H ]S^$O_ "2KX9_]D^\&?^HYIM 'H- !
M0 4 % !0 AZ&@#P7X._\CK^T7_V62U_]53\-: &?L_?\>'Q:_P"R_?%W_P!2
M-J /?J "@ H * "@ H \*O\ _DYCPM_V0WQW_P"I[\/* /=: "@ H * /GC]
MISQ/\1_"WPSCF^%.L>%M \9:KXN\*:'9ZMXMUSPQH%A:6%]J:2:PMA<^,(KC
M0[G7;O3+:YLM'L9[.^DFO+E)(K.=H2M 'Q-I/[7GQ.O=2\*^(-*\2V-_HMEI
M7PRTB;X:Z[X<T*+Q?\2;SQKX$\<^(->\<+J6@2+]DBT;7/"ZVNE?\(A9R>%[
M_3-/U:[D\P7EHUB!MY6^5KGK'P(_:7\2R>'/&=]\3-6U#XPVNDVOP>UK3]9^
M$?PSU/7]1M;KXM>!YO%6I>$+KPWX$AUQYK/P=<VHCCU::);R/3=7TN/7G:]>
M.XN@-OE\MSF_V;9DG\$_L;W,22QQ7/@?]HJYBCGA>VGBCN-4M)HXY[:0++;3
MHCA9K:15DMY5>&15=&  /BQOOR_]=IO_ $:] 'Z7>,O^3*K/_L0/!7_I?HE
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M_!W_ )'7]HO_ ++):_\ JJ?AK0 S]G[_ (\/BU_V7[XN_P#J1M0![]0 4 %
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M; G- '\GW_!3G_D^#XW_ /7UX*_]5UX2H _5S_@BMQ^S[\9/;XIS?^H3X?H
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M?%K_ ++]\7?_ %(VH ]^H * "@ H * "@#PJ_P#^3F/"W_9#?'?_ *GOP\H
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M[1/%X)_:+CGN?*2#[3.FJ6JS7/D1_N[?[1*KS&",F.'?Y2$H@) /BMOOR_\
M7:;_ -&O0!^EWC+_ ),JL_\ L0/!7_I?HE 'YQZ%_P C!X>_[&#0_P#T[6=
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M0GP_0!_-[JO_ "%-2_Z_[S_THDH _IR\8_\ *&^S_P"S?/ O_IX\/4 ?S4^
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M#S_DRG1O^S?KW_U#;V@#W/X2_P#)*OAG_P!D^\&?^HYIM 'H- !0 4 % !0
MAZ&@#P7X._\ (Z_M%_\ 99+7_P!53\-: &?L_?\ 'A\6O^R_?%W_ -2-J /?
MJ "@ H * "@ H \*O_\ DYCPM_V0WQW_ .I[\/* /=: /*/CEHUCXA^$'Q(T
M+4IC;:=JO@[7+"^N/['\2^(/(M+FS=)Y?[#\&SVOBO5-D98_8_#US!J\N,64
ML<VU@!_78^<OV,9_&2R?%73?$&N>+_%OAS2=2\'6W@_Q;XHTCXV:!;ZI')H=
MY+K5CI.E?''Q!KFOP'1KHVUM?S:2+?2[DRVKO-=7:RI: 'N[_M"_"R+Q[J'P
MX?7KE?$6E^(/#OA.]D&B:R=#A\4^*8;R?1O#P\0+9'29-5F6T$5S!%<NMA=W
MNFV5[)!=W]O"X!T?Q9T#QOXF\%:GHO@#4?"MAK=Z8[>XM_&FG:O?^'-:T.Y6
M2VUO0K]_#^IZ3K>E_P!HV$\J0:OI5RUW8SI&ZV\R,ZT ?&>F?L5>-;67P[X>
MU/XE:%J7@2;2_A_=>.]GAJ[M/%DWB?X;^#O$G@W0;3P?<_VC+I5AX2?3M:TM
M'AUB"_UBVA\.QQK>7,FJW=Q !L>@_#']E[QEHFA>)K7Q[\5=4TSQ%KD'PR\/
MVFM?!26]\!S6_A3X1>%KOPQX<ANKG5&UVZFO]>74;_5O$L$833X[IK.ST[%O
M9^;,!L>4_LWP_9O!7['%OYDTOV;P3^T7;^=<OYES,8-4M8C/=287S;J;9YEQ
M+M7S)GD?:N[: #XK;[\O_7:;_P!&O0!^EWC+_DRJS_[$#P5_Z7Z)0!^<>A?\
MC!X>_P"Q@T/_ -.UG0!]Y_MS_P#'G\,?^PAXJ_\ 231Z /!_V3?^2Y^'/^P+
MXH_]-9H K?M5\?'?Q?V_XE_A7VQ_Q3]G0!J?"_\ Y-M_:C_[ =A_Z:[V@#[M
M_:+_ .2177_8V_"?_P!6EX+H ]ZH * "@ H * "@ H ^??V>/^2'Z9_V%?B=
M_P"K%\94 ?@/_P %-O\ DC'["?\ V3#Q5_Z3^ : .=_X(V?\G;ZI_P!D>\9?
M^GWP=0!XI_P4Y_Y/@^-__7UX*_\ 5=>$J /U<_X(K?\ )OOQD[8^*<WMU\$^
M'Z /YO=5_P"0IJ7_ %_WG_I1)0!_3EXQ_P"4-]G_ -F^>!?_ $\>'J /YJ?
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M ^??V>/^2'Z9_P!A7XG?^K%\94 ?@/\ \%-O^2,?L)_]DP\5?^D_@&@#G?\
M@C9_R=OJG_9'O&7_ *??!U 'BG_!3G_D^#XW_P#7UX*_]5UX2H _5S_@BMQ^
MS[\9/^RIS>W_ #)/A_\ QH _F]U7_D*:E_U_WG_I1)0!_3EXQ_Y0WV?_ &;Y
MX%_]/'AZ@#^:GP'_ ,CSX,_[&OP[_P"GBSH _M6\ _\ )=/V@_\ KV^$?_J,
M:Q0 [X2-L\9?M$'H%^+MH3VP/^%6_#LDGT ')/IS0!Z3H/C_ ,#>*;N:P\+>
M-/"?B2^MH3<W5CX?\1:/J]W:VRRK UQ/;:?>7$T, G=83+(B()66,MO8+0']
M=BQXW_Y$SQ;_ -BQK_\ Z:;N@#P;]BG_ )-0^ @_ZIUHO'_ 9* /J&@!#T-
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M*W_)OGQD_P"RIS?^H3X>H _F]U7_ )"FI?\ 7_>?^E$E '].7C'_ )0WV?\
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M^25?#/\ [)]X,_\ 4<TV@#T&@ H * "@ H 0]#0!X+\'?^1U_:+_ .RR6O\
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M]M=+&\D:W5NS&&Y6.66,3(XCED3#L ?%3??E_P"NTW_HUZ /TN\9?\F56?\
MV('@K_TOT2@#\X]"_P"1@\/?]C!H?_IVLZ /O/\ ;G_X\_AC_P!A#Q5_Z2:/
M0!X/^R;_ ,ES\.?]@7Q1_P"FLT 5OVJ^/COXO_[!_A7CT_XI^SH U/A?_P F
MV_M1_P#8#L/_ $UWM 'W9^T9_P DBNNW_%6_"?\ #/Q2\%T ?*/[4'QI\1?\
M)3KGPN.D:*-%\/Z_X1UVTU$&^&IS7.G)IOB&&&X'G_9?(DNG\B3RXED^S_=8
M2?-0&WR_4^GOV=/B_K_Q?T;Q/J>O:7I&E2Z+K=OIMM#I'VSRI(9].@O6DF^V
M3SOYHDF* HRH4 ^7=DT ?1= 'S[^U'Q\"O'6./W>@_\ J2Z-0!^3/ASCQ)X9
M_P"QE\/^W_,8LJ /WG']3_.@!: /GW]GC_DA^F?]A7XG?^K%\94 ?@/_ ,%-
MO^2,?L)_]DP\5?\ I/X!H YW_@C9_P G;ZI_V1[QE_Z??!U 'BG_  4Y_P"3
MX/C?_P!?7@K_ -5UX2H _5S_ ((K?\F^?&3_ +*G-_ZA/AZ@#^;W5?\ D*:E
M_P!?]Y_Z424 ?TY>,?\ E#?9_P#9OG@7_P!/'AZ@#^:GP'_R//@S_L:_#O\
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M7X'T;KOB'0_">E3:UXBU.TT?2;9HH[B_O9/)MX6GE6*$.P!PTLK*BX'+,.E
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MO_7:;_T:] 'Z7>,O^3*K/_LG_@K_ -+]$H _./0O^1@\/?\ 8P:'_P"G:SH
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MWV?_ &;YX%_]/'AZ@#^:GP'_ ,CSX,_[&OP[_P"GBSH _M6\ _\ )=/V@_\
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M'B*YTW1O"=KX>EOO$,VNKI"&T\[Q'/:V-M+&VF1"$F92_G2!4GF\F"0 \?\
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M:*UO<32S:=:W-Q<:0UU<1P"XU#3;_P"S++;1QSR@;>5OE:YRGP=_Y'7]HO\
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MBNKJ"*X9#<16UW=6L4J6]Q-%( =7_:_[97_0@_LU_P#AU/B;_P#.CH Y?0]
M_:;\+ZAK>J^&_@U^R;H&H^)9K6Y\07FC?$#X@:9/K5S9"X6UN-3>S^#L/VR>
M$7EULFG#R9GE8N2Y- ?UV.'\':I^U0OQ;^,[Z=X*^ 3Z^\'PV_X2*VO/B/\
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MFBU#XI_$)+AI(+:*[=HQ;?"R:/8T<RJI=T.\-D!1F@#Y];]HCXO?\):/'1^
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M 0S_ .IE_P"N4G_H#4 ?@.?]9)_UVF_]&O0!^RW[/G_)$_AK_P!BO8_^ART
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M@ H * "@ H \#_:9_P"2/ZK_ -C?\*/_ %;/@B@!G[0/_'A\)O\ LOWPA_\
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M^TS_ ,D?U7_L;_A1_P"K9\$4 ,_:!_X\/A-_V7[X0_\ J2K0![_0 4 % !0
M4 ?GW^W%_K?AU_W,7_N-H \@_9+_ .2LR?\ 8F^)?_0;*@#ZO^'O_)E&C_\
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M,D/A/]H.&2ZE6-)KF2+6K*.2ZF2%(X4FN75IY5ACCA61V$4:1A5 !^D% !0
M4 % !0 4 >&?M,?\D"^+'_8FZK_Z M $'[1?_)(KK_L;?A/_ .K2\%T >]4
M(0.G_P!;K0!\]>+^/VC_ (.X)&/!7Q*_#Y-%H ^A-H!X&#Z]* V\OP'4 ? ?
M[=7_ !Y_##_K_P#%7_I+HM 'B'[(O_);='_[%[Q-_P"DUO0!]T_L\?\ )#],
M_P"PK\3O_5B^,J -;]F[_D@?PA_[$#PW_P"FZ&@#VR@ H * "@ H * /!/ /
M_)=/V@_^O;X1_P#J,:Q0!)\(/^1U_:'_ .RO6G_JKOAU0![O0 4 (>AH _E]
M_;^_Y.Y^+G_7QX5_]0W0: /TP_X),?\ )$OB%_V5*[_]1?P[0!^J= '@GCW_
M )+O^S__ -@_XP?^H_X=H ?J/_)S'A#_ +(C\0/_ %.OAW0![Q0 4 % !0 4
M % '@?[3/_)']5_[&_X4?^K9\$4 ,_:!_P"/#X3?]E^^$/\ ZDJT >_T % !
M0 4 % 'Y]_MQ?ZWX=?\ <Q?^XV@#R#]DO_DK,G_8F^)?_0;*@#ZO^'O_ "91
MH_\ V;[>_P#J&7M 'B/Q;_Y$;]G_ /[)5HO_ *9_#] '7?LH?\CCXG_[%N/_
M -.<% 'EGQL_Y*OXV_["5O\ ^FVRH ^E_P!F3_DF_BW_ +#FI?\ IFLZ /A9
MOX_]Y_\ T(T ?=OC7_DU[2O^Q;\(_P#H^PH ^.? W_(Z^#O^QJT#_P!.EK0!
M][_!W_D=?VB_^RR6O_JJOAM0 S]G[_CP^+7_ &7[XN_^I&U 'OU '&_$3_D0
M/'6./^*-\3>W_,%OJ .!_9M4'X _"$$9QX!\.XSV/V"/_.: /QZ_:MX_:&^)
M_P#V&=/_ /3'IG^- 'WA^P1_R0OQW_V.WB#_ -1?0* /R)N?OW/_ %TG_P#0
MWH _;'X-_P#(Y? #_LTN\_\ 3_\ #"@#[*H \"_:;\5KX0^"OCF[B\,W_C#5
M;_1-1TGP]X:L= \5Z^NK>(+FQN9])MKR#P9:7.MV%H;FV5_[4BDTY+:Y6V5=
M4L;F:WF !Y5^R7IECI]I\2_$$6JW6K:EXAU73-;UEY_A/\5OA-]DO+B#5M5O
M+"RTWXH^(=?%Q:2:IJ.J:D]MX7^P:5I^J:GJ=S=6\EWJAE('X?A8^/\ X(?$
M+P'\:?VA/#?C'4M _9^TGQOK'_"$?$V;5;'XS>))(E?Q#!K.FZ)X-M?A%+K=
MOI/B7X_Z##I$D>L^*/L%OI^A03VEZ=-FUB2QB8 _9*@ Z=./TH QO$&I7NC:
M+JFIZ9HE_P")+_3["ZN[/P]I4VG6VI:U<P0M)#IEA/J][INE0W=XX6&"34=0
MLK)9'!N+J&/=(H!^?'[,#O)X7_8LED@DM99?"?[0<TEI,8VFM))=:LI)+69H
M7DA::V=F@E:&22%I(V:*22,JY /T@H * "@ H * "@#PS]IC_D@7Q8_[$W5?
M_0%H @_:+_Y)%=?]C;\)_P#U:7@N@#WJ@ H ^>?%_'[1_P 'O^Q*^)7X?)HM
M 'T-0 4 ? ?[=7_'G\,/^O\ \5?^DNBT >(?LB_\EMT?_L7O$W_I-;T ?=/[
M/'_)#],_["OQ._\ 5B^,J -;]F[_ )('\(?^Q \-_P#INAH ]LH * "@ H *
M "@#P3P#_P ET_:#_P"O;X1_^HQK% $GP@_Y'7]H?_LKUI_ZJ[X=4 >[T %
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M_D0/'7_8F^)O_3+?4 <%^S7_ ,D"^$7_ &(/AW_TACH _'G]JW_DX;XG]O\
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MJO\ Z M $'[1?_)(KK_L;?A/_P"K2\%T >]4 % 'SSXOX_:.^#W;'@KXE?\
MH&C4 ?0U !0!\!_MU?\ 'G\,/^O_ ,5?^DNBT >(?LB_\EMT?_L7O$W_ *36
M] 'W3^SQ_P D/TS_ +"OQ._]6+XRH UOV;O^2!_"'_L0/#?_ *;H: /;* "@
M H * "@ H \$\ _\ET_:#_Z]OA'_ .HQK% $GP@_Y'7]H?\ [*]:?^JN^'5
M'N] !0 4 ?R\_M^RQC]KSXNQAXPZS^%24WKOP/!F@DG;G(&#N)Q@#F@-O*WX
M7/TP_P""2TD;?!+XAF*1& ^*=T,HP8 GPMX=.#MZ&@#]5J /!/'O_)=_V?\
M_L'_ !@_]1_P[0 _4?\ DYCPA_V1'X@?^IU\.Z />* "@ H * "@ H \#_:9
M_P"2/ZK_ -C?\*/_ %;/@B@!G[0/_'A\)O\ LOWPA_\ 4E6@#W^@ H * "@
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MP6]MX4_:$M[:"%%CAM[>#6[**""&- $CAAB1(XHU 5(U55 4 4 ?H_0 4 %
M!0 4 % 'AG[3'_) OBQ_V)NJ_P#H"T 0?M%_\DBNO^QM^$__ *M+P70![U0
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MP]_Y,HT?_LWV]_\ 4,O: /$?BW_R(W[/_P#V2K1?_3/X?H Z[]E#_D<?$_\
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M?_(Y? #_ +-+O/\ T_\ PPH ^RJ $P/R]R.OTH   .@Q^F,T!MY6^5KBT %
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M@_XP?^H_X=H ?J/_ "<QX0_[(C\0/_4Z^'= 'O% !0 4 % !0 4 >!_M,_\
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M#]@GCX%^.QC;CQMK_MU\,:!0!^1-S]^Y_P"ND_\ Z&] '[8_!O\ Y'+X ?\
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M\6_]AS4O_3-9T ?"S?Q_[S_^A&@#[M\:_P#)KVE?]BWX1_\ 1]A0!\<^!O\
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M^+O_ *D;4 >_4 <;\1/^1 \=?]B;XF_],M]0!P7[-?\ R0+X0_\ 8@^'<?\
M@#'0!Q'[6W_)._"/_98OA7_ZE-O0!],7T+SVEY;QX#SVEQ"F[(4/+$Z*6P"0
MNY@20"0.0#0!^(6J_L=?$W3_ (@Z%\.)=9\%G7?%6A>(?$NG7*:AJYTN&PT*
M>VANXKN8Z*MQ'=R27\'V=(K6:)E$ADECV@$#^NQ^CW@3P]?>$/BQ\(/"NI26
MTNH^&_V9-=T2^ELWD>TDNM,\5_#>SN)+9Y8X9'@>6%FB:2*)V0AFC0Y4 ?A^
M!]6T % !0 4 % #=P'T^AQ_+% &1X@T2R\2Z+JOA_4)=1@L=8L+K3;R72=4U
M+0M4CMKN%X97T_6=(N;+5=+NU5R8+_3;NVO+:3$MO/%(JL /Z['Y\?LOPI:^
M%_V++:,R&.U\)_M!VT332R3S&.WUJRAC::>9FFGF9$4S7$SO-/(6EE=Y'9B
M?I!0 4 % !0 4 % 'AG[3'_) OBQ_P!B;JO_ * M $'[1?\ R2*Z_P"QM^$_
M_JTO!= 'O5 !0 4 % !0!\!_MU?\>?PP_P"O_P 5?^DNBT >(?LB_P#);='_
M .Q>\3?^DUO0!]T_L\?\D/TS_L*_$[_U8OC*@#6_9N_Y('\(?^Q \-_^FZ&@
M#VR@ H * "@ H * /!/ /_)=/V@_^O;X1_\ J,:Q0!)\(/\ D=?VA_\ LKUI
M_P"JN^'5 'N] !0 4 ?%/[>__)![3_LKWP5_]63X=H ^UJ "@#P3Q[_R7?\
M9_\ ^P?\8/\ U'_#M #]1_Y.8\(?]D1^('_J=?#N@#WB@ H * "@ H * / _
MVF?^2/ZK_P!C?\*/_5L^"* &?M _\>'PF_[+]\(?_4E6@#W^@ H * "@ H _
M/O\ ;B_UOPZ_[F+_ -QM 'D'[)?'Q9D_[$WQ+[8^6RH ^K_A[_R91H__ &;[
M>_\ J&7M 'IOAG_DWOP]V_XLWI'MC_BBK:@#I_A7_P DV\##I_Q2VB^V/]"B
M_*@#YZ^.'P>T1+R3QO\ VGJGV_Q)XM\.:9=6G^C"TMXM3GM]-FDMP(?.\Q(8
MQ(GF2,I<G<""  #W3P3\.=,^&?AC6]'TJ^OK^"]EOM1>6_\ ($J2O8) 8U^S
MQQ+Y>V!2-R[MQ;DC& -C\MV_C_WG_P#0C0!]V^-?^37M*_[%OPC_ .C["@#X
MY\#?\CKX._[&K0/_ $Z6M 'WO\'?^1U_:+_[+):_^JJ^&U #/V?O^/#XM?\
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MS6\_A3]H2XMYXG62&:"?6[*6&>&1"4DBFB=)8I$)1XV5U)5@: /T?H * "@
MH * "@#PS]IC_D@7Q8_[$W5?_0%H @_:+_Y)%=?]C;\)_P#U:7@N@#WJ@ H
M* "@ H ^//VM?AKXX^(=IX%7P7H1UG^PKGQ%<:K_ ,3#3=/^R0W=KIJV[_\
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M\R>+?^3L?A#_ -DK^)?_ *<?#] '47W_ "<OX5_[(;XZ_P#4\^'E 'NU !0
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M/XC^'W<J&(R$4%W(X5 6;"@F@#[51T=0T;*R-@JR$%2",@JR\$'J""0: 'T
M>">/?^2[_L__ /8/^,'_ *C_ (=H ?J/_)S'A#_LB/Q _P#4Z^'= 'O% !0
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MUQ::5<1Q3202*)60,A!H#^NQ@_\ "?\ Q[_Z-[TW_P /+X?_ /F;H /^$_\
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MWQ/JIO[2.?2[K0[N>UN(8SLF1IW!89! .  =A_PG_P >_P#HWO3?_#R^'_\
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M H * "@ H * "@ H .GMC\,9H * #I[?I0 4 % !0 4 % !0 4 % !0 4 %
M!0 =/;'X8S0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
&4 % '__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>18
<FILENAME>p60.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p60.jpg
M_]C_X  02D9)1@ !  $ 8 !@  #__@ ?3$5!1"!496-H;F]L;V=I97,@26YC
M+B!6,2XP,0#_VP!#  (" @(" @(" @(" @(" @(" @(" @(" @(" @(" @("
M @(" @(" @(" @(" @(" @(" @(" @(" @(" @(" @+_Q &B   !!0$! 0$!
M 0           0(#! 4&!P@)"@L!  ,! 0$! 0$! 0$        ! @,$!08'
M" D*"Q   @$# P($ P4%! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$(
M(T*QP152T? D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%56
M5UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBI
MJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W
M^/GZ$0 " 0($! ,$!P4$!  ! G<  0(#$00%(3$&$D%1!V%Q$R(R@0@40I&A
ML<$)(S-2\!5B<M$*%B0TX27Q%Q@9&B8G*"DJ-38W.#DZ0T1%1D=(24I35%56
M5UA96F-D969G:&EJ<W1U=G=X>7J"@X2%AH>(B8J2DY25EI>8F9JBHZ2EIJ>H
MJ:JRL[2UMK>XN;K"P\3%QL?(R<K2T]35UM?8V=KBX^3EYN?HZ>KR\_3U]O?X
M^?K_P  1" #% HP# 1$  A$  Q$ _]H # ,!  (1 Q$ /P#]_* "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
M"@ H * "@ H :Q"JQ) 502<\ #'.?2@#R*X^-7@2"UUJXBO+R[_L'6D\/W-I
M8V%Q/=SZL\1F%M8P81[IEC5W+1Y4*I.: ._\/>(-+\3:38:[H]P)K#4H1-;L
MZ^5(%W%721"<I*C@I(C %6!4\\4 ;^1V- "T % !0 4 % !0 4 % !0 4 %
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M!H L4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % #7QM/ (Q]T]#GMCWH ^>_%7P=U;4-0N];\/:SI^EZJ
MGB6P\1:8MS9.]BDEM9RVDT%S#;[68NLK,LB#.X#/&: .0\<_";2_"_PN:]:^
MU3^W_#6G(8M1L-3OM-@DNIM1^V2RBV@E6(H99G7$B$LG!SF@#Z;T.1SH^CR2
M-N9],L':1C\S,]I$SN3[L223R2<T!M\OU-K- !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 8'BC1(_$?A[6-!EE>VBU?3[K3WFC ,D(NHFBWHIXW#=GF@#
MP[5_V?[76=EA<^(;P^'+FTT>+6-'^S0@WEUH&FMIUA=P70/F6S,KEY54?,P'
M;F@#6\+_  .T/2QJC>*[@>+WOK71M.C2^M!;V]MIN@6YM]*@$<#CS;F&-MLM
MRQ#2'!(H#;RM\MR7]G^SM]-\)^(+"SC^SVEEX]\76MM:AW:.UABOHQ'!%O9B
M(HP<* <#)Q0&WD>ZT % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !T]L?AC- !0!Y5\:\?\*Q\5<XQ9Q]P
M,'[1#CUQ^5 %+Q=-XE_X0C0[3PS8W-S>76GZ6LDMOM4VT2VD#,0Q9>6(Y]C0
M']=CM_!^HW%_H=B;Y1%J,"?9[R$NK.DL0VN7"$X8XS@XH#^NQU= !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 '3V_2@ H \5^!O\ R+_BO_LHWC'_ -+H
MZ /:J "@ H * $R!QT]!TH 6@ Z>WZ4 % !0 4 % !0 ?2@ H * #I[>G:@
MH * #IQT]NE !T]OTH * #IQT]NGZ4 '3VQ^&,T '3V].U #5=""492%)4E2
M" 1U!QT([B@!U !0 4 % !0 4 % "'I[4 8FN^(='\-V0U#6[^#3;0NL0FN'
M"1[Y#\JCN6;L%!)YXQF@/Z['G/Q>OK/4?A/XBO;">*YM+G3X);>XA8-'+&US
M%AT9>H)[_6@#TG0P&T#25/1M)L ?H;.$<8_SF@#Q[PWI.O>$_B-?VT<%U/H6
MM^9<&=MQM[=N6SDG:C \$<%N* /><@>WIVH 6@ H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M[_V6,<?%?0@!W_?XXZ_\LJ *L_[?'[*]MM_XNGI$N[IY,<[!?8XC&": (/\
MAO[]E?&?^%FZ?E> !#< ^^!Y= &5/_P42_97@D,?_"?(^T_>CLKAE.>>#MH
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M4/ 8$$%3]: /G[PEHVM^#?&%]>7L5KI^@ZU<S1QQO<HFTDEH2B$K\Q)Z#UH
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M;>9YHMH%D[R"*,./^!;<_K0!8''&, =/\]J %H * "@ H * "@ H * "@ H
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M\F DTC%E #'@DDC% ;>5OPN>XY'J/SH 4'T_2@ H * "@ H * "@ H * "@
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MVEAGRE9B<+GD-R <=J /4Q_+B@!: "@ H * "@ H * "@ H * "@ H * "@
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MT[4 )G''3';IC- "T % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MV<04 ;=O^DPD  =J V\K?*UST/0/^0'H_P#V"]/_ /2.&@#7H * "@!".,4
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M4_6@/P_0M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 (> ?;MTZT >+?&SQ2G@_P@^I'Q(?#+"[A@AFACCDN[R>7*PV%F),(DL\I3
M+M\JIN)XH#;RM^%SR#QSXYU^/X/0Z?K^@ZGJNI:GHEG/J&NZ4L4NE1//>(%,
MLJ''FK&4,Y3*A]V.* V\OP/J_0!MT31>O&DZ<!GT%I#SQW- ;>5OE:YM4 %
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MK0 9 [C\Z  ,N/E(Q0 9 QSCT[4 +TZ<8_2@ H * "@ H * "@ H * "@ H
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MW$9+2$X"*H.<YXZ4 :M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MWB2'2M12/4?G/SA;>(P@)]T;.N* .P_X>-?M)_\ 1NE__P""S5__ (S0 ?\
M#QK]I/\ Z-TO_P#P6:O_ /&: #_AXU^TG_T;I?\ _@LU?_XS0 O_  \:_:3_
M .C=-0_\%FK_ /QF@ _X>,_M*+_S;GJ Q_U#-7'_ +1H 3_AXU^TG_T;I?\
M_@LU?_XS0 ?\/&OVD_\ HW2__P#!9J__ ,9H 7_AXU^TG_T;IJ'_ (+-7_\
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M * $)"X&<>G:@ !':@!: "@ H 0D+WQ0 O3IQC\,9H * "@ H 3('&0/TH
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MWM0?[>TN4QO>S+#&0)(3@-(XW8Q@4 ='!XH^)"QIY/PEM$0*-B+XATQ%4'D
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M\)?\5O\ HE</_A46/_QN@ _X2_XK?]$KA_\ "HL?_C= !_PE_P 5O^B5P_\
MA46/_P ;H :_C'XJ1QN[?"R%0BEQ_P 5/8D?*"3_ ,L_3./>@# \,?%/XB>*
MM*36-*^%P:SDN+FW43>);"-U>TG>WF&!'T\Q&Q[4!MY'0_\ "7_%;_HE</\
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M* .B_P"$O^*W_1*X?_"HL?\ XW0 ?\)?\5O^B5P_^%18_P#QN@ _X2_XK?\
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M':^#]9M]=\.:-JEK;_9(+NSC:.UR,VPB!B: $#YE0IM4]P!0&WR^6YU% !0
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M"B01ML?Y7#C!'N.?:@#1MH%M8+>VC4B."&.%-QY"Q($7/OM44!MY6^5KEB@
MH 3I^';IUH \Q\?_  SL?'[:,U]JVL:8FA7AOH(=.N?*AGG'W#=PLK).J'YD
M# @'F@/P_"QZ!86YL[:WMO-DE\B*.(S2X$D@10H9\ #>W4[0!0&WR_4O9 XS
MCVZ4 )N4<9QC\,4 &Y<<$?A_+VH \^\;> K#QS;Q6EY?:C911I+#/%9S&.*[
MMIQB>WN(W!CD211MW8W)G*D'F@#K](TV#2+"STVUC\JTL+6&TMH^6V0P1K$B
M[CR3M49H#;Y?J:E !0 QP=N%X.1R."/<>] ' >-?AIX3\?PQ1^)M)CNYH46.
MWN@[I<VR+<1W!6*5&4JK/&I;'WNAH#^NQW5O EK#!;1 K#;Q)#&I).%C4*N2
M3D_*!U[T!M\OEN6* "@!K+D8]P0.WXCTH \Y\:_#G3O&[6G]H7VIVL=LLMM/
M!9SB*"_LY\>=;749!5HWV@!QAE&<&@#N;"QAT^WM[2VC\J"UMX;:&/KY<4$:
MQ1(IS_"B@'UZT!M\OU+] !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % &5K>DVNNZ5?Z-?(7LM2M)[.Y"MM;RIHRC;3U#<Y4CHP!H#^NQR'@'X?6/
M@2/4?(O]1U2\U*2#S[_5)A+<_9K.%;>RM$90JB"V@4)&,9[DT!_78]$H * "
M@"-UZ<<#.>V 1Z=SZ4!_78YCPIX4L?"<6KQ6#W#+K&M7VNW'VA]Y2ZOV0RHG
M]U!L&U>U ;'5T % !0!C>(-,_MG2+_2!<W-E_:%I<6AO+*3RKJU6>-D::W?'
MR2J#E".0>: _KL<-\+/AM'\,='FT2#7]6URU:7S8GU<PM<1,Y+.SS1HK322,
M<O)*68GC- 'J((['^E  ".Q_#IC\.U !D#V_SF@#-U2TCU"RN+%I)8ENX)(#
M) YAFC$JD;XI%P4D7JA_O4 <9X!^'>G>!?[3GM[[4-3OM7ECDO-0U.427,JQ
M K"C%0JMY:_*'QN;^(F@/P_"QZ-0 4 % &5K.DV&MZ=>:1JMJMYIM_;O;7EJ
M^[9/#)P\;A2IVL.N"* .,^'OPM\)?#&#5K;PCIYTZWUG4&U&Y@\Z62-)2@14
MA65W\N)% "HN!Z\T >C@8H 6@ H HZA9I?6L]E)N6*Y@F@=XV\N2-94*,48<
MJQ#'!'0X- '$>!OAWI_@B;5KV&^U#5M4UE[7[=J6IRK)</!81-;V%L BH@2U
MMSY2MC<XY<DT >B 8).,'IGVYQ_,_G0&WD+0 4 % !0 4 % !0 4 % !0 4
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M O$UND<ZVT]U$@:XM;6]:,6MS<0 YEABD,J?Q+UH#;R/7@1T!Q^F/P[4 +0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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ME%Y>0@%O)@DX4-R3B@#ZK56W;N!@D'J"5/(_'/Z4!^!+0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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MBD2@!%P!0'X'IE !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
% !0!_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>19
<FILENAME>p61.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 p61.jpg
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M@XH ]V4;.,_D-N/RH =0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 >.>)/^2N>!?^P3J_\UH ]CH * "@ H * "@ H * "@ H * "@!.GL!_G
M&* #/7C  _GVQVH#;R%Z>V/ZT % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 >.>)/^2N>!?\ L$ZO_-:
M/8Z "@ H * "@ H * "@ H * "@ H Q?$-^VD:+JVJ(@<Z=IUU>)&Q(#-;PO
M* <>I44!L?%'[&/[5U]^T6WQ$TW7;2RT[6/!OB*\L(HK0D+/8).\<,K*QW;U
MVX8]#U% ?@?=Z]._X\?D* '4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MC*@T ?1?F#L..-I!&"3Z$<8]Z V\A_3&!_\ 6H 6@ H * "@ H * "@ H *
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MQI,:66L112M>1REXLC$V$Z#'.WJ,T!_78^H%R!@]0!G' R>N* '4 % !0 4
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M2S1$ JZD'NK CGW% #]P'8C'KQ^5 !D#C]!VH =_GTH * "@ H * "@ H *
M"@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M * "@ H * "@ H * "@ H * "@ H * ,#Q#X;TSQ-:066JP>=!;7UIJ$:[BN
MVYLI1- XQUVN,X- ?UV!?#>F)KDGB(0#^U9+-;$SDY"6RL6\N-3P@8G+%<$G
MK0'X?H<;IOP@\'Z7XH?Q;!'J,FJ?:)[J".ZU">XL;.XN<^=-:V<I,4+OD\J!
MCM0']=C)\21@?%[P(2!@:1J_J.1MP<#@>^* V/9Z "@ H * "@ H * "@ H
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M /6H 3< <#M@_@>_M0 HZ=-OMZ4!MY6_"XM !0 4 % !0 4 % !0 4 % !0
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MMX&30!]HV?Q'\#7?B!O"5IXHT>X\1QB1FTF"]ADNU,?+KY:L3N4<E!\PYXH
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MCBC4<82-%11@>@&* )Z "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M *Z7JLL2E?XAC<#S0!P%U_P2@\"6\\C^'?BGX^T6/.;>,:G<OY/?M,!UYX%
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MPOJ7@OX1^!?#.KW27>I:1H5I;W<T4OG1"3:7,4<N3O2'=Y88'!V\4 >O4 %
M'CGB3_DKG@7_ +!.K_S6@#V.@ H * "@ H * "@ H * "@ H \\^*WB6W\&_
M#SQ=XFN95@BT?0=2N@Y.T!UMI-G/'\6* /SZ_P""8/AB9_AYX]^)=]$5O?B'
MXUU744F92&GM$N)#$X8]5.>,<4 ?J.!M]OZ?X4 +0 4 % !0 4 % !0 4 %
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M_.@-OE^IJT % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M@CD,*L0Z[MVX=* V\OP+6I>,?#FJ_&'P1!8:K;W,D>GZQ"R1GE)<C*=,=<T
M?18/IQC\,9H 6@ H * "@ H * "@ H * &,,8(X"@\=!0!^/5IYGQA_X*57$
M@'VK1?A-X=*R _/%!>R+\K)CA&+''KQ0&WE;\+G["H>"!QC''I_^N@!] !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M_%]YINF3L.7M+6=QA6[J,=J /UK0C&0, G/YT /H * "@ H * "@ H * "@
MH * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M.F,$K?2LZ,W<EE;- 'WDJA!M' '0=,9H#;RM^%Q: "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H Y/QGX9'BK1I-(_M
M._T@-/;3FZTZ3RKC_1YEE\H/_<EQMD'=2: /SK^(SPZO\3_&.G^#].^*>L7.
MB3V-CKD_AJZ@M-.COE@7:H# -)((\,S\@DF@-O*WRM<_0WX>Q3V_@OPY#<Q:
MA;W$>F6ZS1:JXDU!9 OS"Z=>&F_OD<$T =G0 4 >.>)/^2N>!?\ L$ZO_-:
M/8Z "@ H * "@ H * "@ H .F./Z8H _+K_@J#XHE_X5IX/^&&GL3J?Q"\7:
M7IRP1G]X;=;A"[E1SLY.: /T ^$?AA/!?PU\%>%T4)_8WAW2[1E V@.MK&7P
M!_M$Y]^M ?A^AZ+0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0!QOCOQ+=^$/#M]KUEH>H>(I[% R:3I:;[VXW-M
M81)T.!S0!^7'BWQ'JL7B_P 3?$1] ^,WPWTK79+>ZUY[&S3^S;..W14:]>)1
MD-L!:1_[N<T ?J!\-=1L-6\"^&-1TO5YM=T^\TFUGM=6N,"XO8I(PPFF X$I
MYWCLV10'X?A8[F@ H \<\2?\E<\"_P#8)U?^:T >QT % !0 4 % !0 4 % !
M0 A./\.G'<T ?CU^TK+)\5/V[_@;\.;3]]:>#$/B/4U^]&-K"10Z]!@#@GO0
M!^P,*"-%1>%0*J@<!54!0![8% $M !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M'[!)D#IM'8>WTH#^NP^@ H * "@ H * "@ H * "@ H * "@ H * "@ H *
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 12 Y ' '(['(/IZ4 ?DW^T-I<WC;XH>(])A^&5JGBC1;U=0LO%=W;W"Z=
M-X<LK(W$EQ<M$52YN;B=?LR)RQS@\4 ?HM\%+^^U+X7>#;S4M*BT2]ET:V$V
MFP1^3#;; 4011#'EHZ*'5.H#<T!^'X6/4Z "@#QSQ)_R5SP+_P!@G5_YK0![
M'0 4 % !0 4 % !0 4 (3B@#X;_X*&>.3X+_ &:/&B02;+SQ''#X?M(P<.[Z
MA((B(U!R6PW04 >B?L;^!O\ A7W[.?PTT$Q>3.=!M]0N@PVN9[]1<.7!&=V6
M[T!MY'U !M]OT_\ U4 +0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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MC 7R+>.,@ >A!H#;Y?J:] !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M@.2RA0%8MPQ8  $GGD]30'X?@,@M+>U!6WABMP6+,(8DB#$]2P0+DGN3UZT
M>2>)!CXN>!0/^@5K!_,K0&WE;\+GLE !0 4 % !0 4 % !0!XG^T5XSM_ 'P
M8^(/B:=UC%AX;U(1Y(7,LMN\48!]2S#'O0!\G?\ !,CP=<:!^SY_PDE]&RWO
MCGQ#JFOLSC#F&XG=HB<C)X;(- ?@?HVO X['Z=: '4 % !0 4 % !0 4 % !
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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MCMPM %B@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@#QSQ)_R5SP+_ -@G5_YK0!['0 4
M% !0 4 % !0!\9_MZ^.8O O[-/Q N/,:.ZU?37T6QV-M<W&H$0H%QR2=QX%
M%W]A;P0W@7]F?X<:=-!]FO+W2EU:Z4KM9IK_ /?;Y!@'<0W)/K0&Q]?CCVQ^
M'7K^= !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 (3CVP.#T&3V_&@"-95Y *Y3AE4@E3Z8_SS0 Y6R!@%1UP>
M"/J.U 'C_B3_ )*YX%_A_P")3K'\UH#;R/8Z "@ H * "@ H :WUP._;C_Z]
M 'X^?%4GXF_\%(/AEX;M5^TV7P^T)M3OAC=':W!^=2R]$8\<\&@/Z['[!JNT
M8 QCMTQF@-O*WX7'4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M.A'Y>G:@!] !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
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M1:0PSVOH./R:@"Z/$F@G9LU?365\;-MY#SDXXP_K0!/)K.E1#<VHV"IT -W
M,MUX^<=J /S_ !^W78?\-3']GP^'/^)<A,)\4>=FW\\Q&7:&4>7MQQD-U[T!
MMY6^5KGSEJOB*QOOV])/BGXBCE_X0SP?HC:/I-U$HG\R]7*2,J#.S:3P1R:
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MSYNY3,9+8JI!^]LVL,#KC- '2_\ #'FO1FU$7Q%O]L4+K<9$@WS%?D>/#_*
M>WK0']=C9A_9'NVB5;SQ[K#,B+M(DF \W'+$>9TSVH _-_\ :#\*ZI^S]\9/
M!>A7::9JDOC:2\DL-=2-HM3M%M5)9YI_OYVYR=V* V^7ZGT#^S!I^D^,_B/8
M&^ABU33WM[N:1;A1+'.ZDJ7.>OS \G)H _036?V</A=JTLDS:&MG))G)LW,
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M6=L IR (8P 3WP%H#^NP?8+,?=M8%!Y($,8Y/?[M ?@+]ALQ@"U@ 7)4>4@
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0!XYXD_Y*YX%_[!.K_P UH ]CH *
M"@ H * /PN_X*^6K-XE^ TJ@\Z\(L #(+W< Z4 ?9?[+5BUM\0M7XV&#PSIB
ME2-K9:UA(X^AH#^NQ^@BC:,=,=O3/- #J "@ H * "@ H * "@ H * "@ H
M* "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@
M H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * &,VW Q
MZX'3IUYZ#^M 'A\OQKAMO%\/A^Z\+ZQ9Z/<ZJ^AP>([@)%:2:FD9D*K$V)#!
M@%?-'&>>E &EX&^+MEXYU37+.PT2]M-/T.>]MWU:>YM&@N9;*4Q2B*"*1IT!
M8$J[J%*T >;^(OBIX*/Q5\(7*ZJ/(L-/UB"Z;[/.ODR;@NW:8P6YSRN0>QH
M]7'QE^'O.-;'RG'%K<__ !N@!?\ A<GP]_Z#?_DK<_\ QN@#-NOCO\-K*\L;
M&36F\[4)&CM\6LX7<J[F!R@[>U &E_PN3X?#_F-XQZ6UQ_2/B@ _X7)\/?\
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M<=/PCXS0 A^,WP\7C^V\8_Z=+GC/_;.@#/N?CO\ #:TNK*T?6F\R]9UBQ:W
MP5Y.08_Y4 :)^,WP\4X_MO'TM;GC/_;.@ 'QE^'N.-;Q_P!NMR,?^0Z ,_4O
MCM\-]*@6>?6B(VFBA!6UN,[YGV*"-@QENGK0!?7XR_#[:#_;6W(R!]FN"0#Z
MXCX/M0 'XS?#Q>/[;QC_ *=+GC/_ &SH J7WQS^&^GVDUY-K9$5NF]L6MP#C
M<%XS'CJ: +$?QJ^';QQR#6R%D1)%'V2YR%D4,,XCZX- #O\ A<_P\_Z#9_\
M 2Y_^-T ,E^-7P\ACDE.M86)'D(^RW(^5%+-C]WC- '?Z!KEAXCT>PUS2Y#)
M8:A +BUD92A:-B0"5/(SB@#8H * "@ H * "@ H * "@#FO$UEK][:0P^'M4
M@TF[2XBEDFG@$Z/;HX,L1CR""ZY ;H#0']=CYYU"T\8Z_P#%^W_M[P5J+^$_
M#-I(WAZ^26V73=0UF6W9;C4+Y%8.@)_=Q*RDC=D&@-O(C^'G@G58_B6GB6#P
M(/A]I5IINHV>KPI=B6#7[RZF+)<+"C%-@'S[V4.Q<YXH#;Y?J>SZE\/M+O/%
MFC>)!#91QZ3:WEO/9FR@*W!NB&5V/E_P'OUH [%-#T;!_P")3IJ_2SM^??\
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MN!Y(YH#^NQ=TW3;+1[&WT[3H$M;*U3RX((QM2-,D[5 X R3P* +U !0 4 %
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M67 W$CYN] %[1_@IX4T3Q./$EI+J'[F:6ZL])DN"VEV-W,,23V]M]U68=@
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MW<B@#A?$OP9\,^)O$2>(;JYU*UDD:V?4;"UN#%9:HUHP:W-Y$,!RF/3YAUH
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M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
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M@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H * "@ H
M* "@ H :5SCL1T]!^&10']=A F..WITZ]<T!MY6_"XI4Y!4[?48Z^@ZC% "!
M,$')R/P'/MVH#;RM^%Q=N.YQZ'M].F/ZT!_78;Y8  7:F#D?+G!]0,C% ?A^
M%AP7;]!TR.F>O^>U ?UV#:!G^6.!^% ";/\ ='_ >_8XS0 X#;QV[#ICZ4 +
M0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
M% !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0
M4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 %
M!0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4
C % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 % !0 4 ?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>20
<FILENAME>image_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MP  +"  : #X! 1$ _\0 'P   04! 0$! 0$           $" P0%!@<("0H+
M_\0 M1   @$# P($ P4%! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$(
M(T*QP152T? D,V)R@@D*%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%56
M5UA96F-D969G:&EJ<W1U=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBI
MJK*SM+6VM[BYNL+#Q,7&Q\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W
M^/GZ_]H " $!   _ /6O&VJWFCZ*EQ92>7*9@I)4'C!]:\\_X3WQ%G'VU?\
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K_P"02[?Q"5!GOQTJ]@?V$C8&X$D'T.>M4[1WDNXE=F8;P<,<UT0[_6O_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>21
<FILENAME>image_003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_003.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1" !F &D# 2(  A$! Q$!_\0
M'P   04! 0$! 0$           $" P0%!@<("0H+_\0 M1   @$# P($ P4%
M! 0   %] 0(#  01!1(A,4$&$U%A!R)Q%#*!D:$((T*QP152T? D,V)R@@D*
M%A<8&1HE)B<H*2HT-38W.#DZ0T1%1D=(24I35%565UA96F-D969G:&EJ<W1U
M=G=X>7J#A(6&AXB)BI*3E)66EYB9FJ*CI*6FIZBIJK*SM+6VM[BYNL+#Q,7&
MQ\C)RM+3U-76U]C9VN'BX^3EYN?HZ>KQ\O/T]?;W^/GZ_\0 'P$  P$! 0$!
M 0$! 0        $" P0%!@<("0H+_\0 M1$  @$"! 0#! <%! 0  0)W  $"
M Q$$!2$Q!A)!40=A<1,B,H$(%$*1H;'!"2,S4O 58G+1"A8D-.$E\1<8&1HF
M)R@I*C4V-S@Y.D-$149'2$E*4U155E=865IC9&5F9VAI:G-T=79W>'EZ@H.$
MA8:'B(F*DI.4E9:7F)F:HJ.DI::GJ*FJLK.TM;:WN+FZPL/$Q<;'R,G*TM/4
MU=;7V-G:XN/DY>;GZ.GJ\O/T]?;W^/GZ_]H # ,!  (1 Q$ /P#N_#OAW2;S
MP_97%Q80R2R1AG=AR36G_P (GHG_ $#;?\J3PI_R*VG?]<16Q6LZD^=ZLRA"
M/*M#'/A/1/\ H&V_Y5I6UM%9VZ06\:QQ(,*J]!4V**ARD]V6HI;(*6BBI*"B
MFLP12S$!1U). *AAO;:X8K#<0R,.H1P30!8IDL2S1-'(H9'!5E/<4[-5VO[5
M9?*:Y@$G]TR#- &?_P (GHG_ $#;?\J7_A$]$_Z!MO\ ]\UKCD48J_:3[LCV
M<>QA7GA;1H[.=UTZ ,L;$$#H<5Y#YTG]]OSKW2__ .0?<_\ 7)OY&O!\UWX.
M4FGJ<&-C%-:'M^@V4NGZ':6LX'FQ1A6VG(S6A2T5YS=W<]%*RL%)5'5+ZXLX
MXA:6;74LK[  VT+[L>PJB1XEFY#:;;^V&>D,W,T5@-JNIZ0Z'6(8)+5F"FYM
M\_(3TW*>WO6M?->"U)T]8&GR,"4G;C\* ,.2 ^(M?NK>Y9O[/L"JF%3@2N1G
M+>P]*TX- TZUNX[JWM4AEC!4&/C@^OK7/:0^N#5-7^SQ6)E,R^<'9L XXQ74
M637QM2;](%N,G B)*X[=: ,[Q#/<2366F6LAA:]<AY5ZJ@&3CW-/'A+1Q;>3
M]C0]#YA)WD^N[K6-?OKA\1::98[#[1B3R@K-M/'.:W+-]=-TGVV*P$'.XQ,V
M[\,T /U:TU&:.V72[I+?9(#)N&=R^E:8S63K^IW.EQVDEO'$Z2SK%)OSD!CU
M%:U $5U&TMI-&GWG1E'U(KR__A7>M_W;?_OY7JU%:TJTJ=^4QJT8U;<P4445
MD;&=J6M6FEE$F9GFD^Y#$NYV_#TJC_PD=SU70=2(]=H']:-#5)=:U>:;F[6?
MR_FZK'CY<>QK>H Y76-<GN='NX9-$OT1XF!=U&%XZGFN@TQBVEVA8Y)A0D_@
M*J^)+F*VT"],TBH&B95R>I(X JSI7_()L_\ KBG\J ,S0/\ D-Z]_P!?"_\
MH-;U8.@?\AO7O^OA?_0:WZ ,'5/^1LT;_=E_E6]6#JG_ "-FC?[LO\JWJ .?
M\8?\@^S_ .OV'^==!7/^,/\ D'V?_7[#_.N@H **** "DI:0T 96HZ(+NZ%Y
M:7$EG>J-OFH,AAZ,.]5_L/B)_E?5[95_O);_ #?K5L:_IQDO%-PJ?8SB8N"
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M[JUS/\0PVUS!:PW-W';$7"2+O_C*GH*UP:XCQ1KNDZK#:16EQ'/<)=1E2%/
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*&-[&-6;E:Y__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>22
<FILENAME>image_007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_007.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !+ CL# 2(  A$! Q$!_\0
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ML!K/5HQ#&MW.R>8"SAD+_P ).<@ KPPP.>:LZC;:K-HTD.FWB6U]GY)IXQ(
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M%,@X&0.9""PSP,T =UD>M&1ZUR+:OKUQ:O+#;F"6"!@RSVC[7FVGCC)V@XY
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MZWGDQX+M^[ <LY &2,)P1P>>>#6[8ZKJ-U#JWFQV(:TD,<,OF,(I#M!.XD9
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MM#+M."_K]/;ISTH BO?$B:?]HEN8!':16D=PDSRA=[.Q4)SPO.!DGO[5F?\
M":W/E13G2XC T"L[)=AMLS1&0(#C#+@8WYZ]JZ.31K&:]>[EMHY)GB\EB_(*
M YQM/'7VJNWA?17D#MIEN=L'V8#;P(_[N.G?ZT 98\67)T[3KA-+W7%S#)/+
M$9M@BCC(#$97)/(P"![XI(O&,EU>W%K96*2RI,4B625HC)&NX-(-R8QE"!@G
MWQ6O)X<TJ:VMK:6RC>&U;="K$G:<Y/?G)ZYZU%)X3T25[B233HF>XD\R1]S
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M^FCV$4%M ELHBMI#+$G.%8YR?_'F_.N,M_"7BJ*ZLI%UMH+>$.IMH[J1E4$
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MABGNHG"K%$;/8X;R\F3:6R!N&TK[DU8M)/$@U>&[N#/%;W&P2VZV^]8OW .
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MFJ>+K32;^\L[B"8R6]JMPA3&)F)($2>K\#CWJ_9^']-L GV>VPZ;L2,[,WS
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@ !1110 4444 %%%% !1110 4444 %%%% !1110!__]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>23
<FILENAME>image_004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 image_004.jpg
M_]C_X  02D9)1@ ! 0   0 !  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0D)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1"  S -\# 2(  A$! Q$!_\0
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MQN,,C#(8>A!ZUR[_  U\(OYBC1T2*1MTD$<LB1.?= P4_E6C_P (MIGK??\
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MT@O[*>SN8Q);SH8Y$)^\I&"/RK,_X1;3/6^_\&$__P 71_PBVF>M]_X,)_\
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MP5YE\>"!\-R,C)O8<>_6@#)\%Z/X8N?AE9ZUXANYEF,4CSSMJ4J-PS <!^N
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3HX)V!!(ED(P?12V!^5%% '__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>24
<FILENAME>ex0420-logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ex0420-logo.jpg
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M7RA],>/>*/\ DMGPC_[%#XN?^COAS7T."_Y)K/O^QCD'_I&='A8O_DH,D_[
M,\_]+R@]AKYX]T* "@ H * "@ H * "@ H \>_:"_P"2)_$[_L4-6_\ 1-?0
M\)_\E+DG_8QPW_I:/"XF_P"2?SC_ + ,1_Z0SV&OGCW3ROQ%IFH3_%WX8:I!
M974FFZ;X7^)]M?WT<$K6EE<:E+X#-A#<W"J8H);P6-X;:.1U>?[-.8PPBDV^
MYA*U&GP_G5"56G"M5Q^23HT7)*I4A2AFWMIPAO*-)U:7.TK1]I"_Q(\;%4:K
MSS**T:<W1HX+.(5*BB_9TYUIY8Z49R6D95%3J.">LN2=OA9ZI7AGLA0 4 %
M$%U<P65M<7EU(L%M:037-Q,_"0P01M+-(V,G;'&C,V!T!H ^9_#-O\2OC59-
MXSN?&^L_#3P7J4]R?"'ASPK;6$.OW.DPSM!;ZSK^M7L%V\=S?M$\L>G6D;6:
MVSQ.DA+>;*](Z6U7ZB_!=$OZZGM_A+3=9\*>%8++Q=XK?Q5?Z8NHSWOB2ZL8
M=+DGLA=7-U;_ &BVMWEC#6%@T5K)/O:2Y^SFXD_>2-2]%;R[#V^7RW/$?#</
MQ)^-=F_C&;QMK'PU\#ZA<7/_  A_A_PM:V,/B&]TFWG:"#6]?UB^M[F2WN+Y
MX9)8]-M(FM%M7B82,2)YWHM+;?J+\%T/0YA\1/A]\,[C[/)<?%[QKI<A^RF:
M*VT*YU2UN]715\Y(GF1Y-(TJ=I'V.;G439%5(FG!!I?LOR'LO3]3TC1;J_O=
M'TF]U73CH^J7>FV-UJ.DFXCNSI=_/;12W>GFZB BN39W#R6_GQ@)-Y?F* K"
MD&WE;IVN>??&_3-0UCX1?$/2M)LKK4=2O_"^IVUE86,$MS=W5Q)%A(;>WA5Y
M9I7/W8XT9VZ $U[G#-:CAN(,GKUZM.A0I8_#SJU:LE"G3@IIRG.3LHQ2U;>A
MXW$-&K7R/-:%"G.K5J8*O"G2I1<JDYR@[1A&.KDWLDKL]4KPSV0H * .8\9>
M)X?!GAK4_$D^EZQK,>FK;8TKP_8MJ.KWDMY>6]C;PV=HK)O)GNHVFD9U2WMU
MFN9"(XFH7;;\+!M\OU/+D\8?'C5"S:=\(- \/VV[]P_BGQ]:SW4T?9Y;/0=.
MNQ:,PY\EKF5TSA\-E0[)==NRMN+Y?H3Z7\4O$VD>(-)\-?%+P2O@Y_$-XFF>
M'/$VDZU#KOA75-6E3=!I$\_D6EYHVI7K+(FG6U[#(+YD812*00"UMNG38-O+
ML7/C3K7CK2O"VJP>$O!%GXJT^]\->)DUZ_N?%-IX>?0H!IQ1)X;2XLKI]5+P
M2W<QBADMRAM5B+9N%9!?=V'M_5CRKX->+OC-;^ /A[I]E\'M*N_#L>A:+;P^
M(&^).EVTTVFF*-?[2.CMH[S12>23,;(W#2!AY7F;J;2N];:_<)>2_0]:^,6M
M>.M)\-ZA!X0\#V?BNRO= \1)KEY<^*K/PZVAP"P"130VUS8W;:H9(I;N4QQ/
M 8S:K&6)N%9$ON_K\!_+]#QSX3>,OC?9?#;P-::-\%=(U?2(/#FEQ6&JR?$_
M2=.DOK00*(KM]/DT6:2T>9,.UN\SM&259\BFTKO6WZ"6FRV^6Y]!_$#Q?JO@
MCP#JWC&W\/Q:M?:+86^HWNB-JT>GQI )(/[4*ZD;6Y5SI]N]Q/&J6K->M (8
ME1YE(2[;?I\A[?+IMN=9HFH_VQHVD:OY/V?^U-,L-1^S[_,\C[=:17/D^9M3
MS/*\W9OV)NV[MJYP$!J4 % !0 4 <1XY^('A_P"'VGVUYK)OKF[U&X-GHF@Z
M-9R:GK^O7P4.;/2-,A(DN90K+YDCM#;1&2))9TDG@202[:?A8/Z2/.3\5/BA
M)^\L?V??%DMJP#0O>^*O">F711N1YUC/=/+;28^]&[$J<@DXIV7=+\+"VV7Z
M'E'QJ\=_$75OAYJ5OK/P:UKPC9P:MX4O%\3W/BOPUJ*:+<VOBO19;:Y6TTZ5
M[UWFE L0;==RB[9I,0B2FDD]'M?3U0?*WZ'U1X]_Y$7QI_V*?B/_ -,]Y4H9
MROP,_P"2/?#?_L4=&_\ 25*;W?JQ+8[#QK_R)OBW_L6=>_\ 35=4AG'_  ,_
MY(_\-_\ L4='_P#29:;W8+9"?'/_ )(]\1O^Q4U7_P!$&A;KU$]CL/!/_(F^
M$O\ L6-!_P#35:4AG3T % !0 4 ?//B>]L?#G[0/A+7?%<T5GX?U;X?:AX8\
M):E?,$TW3_&C:\+W4K9IY!]FT_4-:T-[6VLKB62&2\6VN+" RM*\=-;:"V?;
MMY'T+D8SD8QG/;'KGTI#/DW]I7XE^#Y? VL^!M,U2/6O$6H7GAXW5IH@.IPZ
M!:6/BC0[R>^\0W5GYEMI$)>."RACNY$N9[V_LHXX#'*\T;2MY6^6XGVV_0^A
M_'O_ "(OC3_L4_$?_IGO*2&<K\#/^2/?#?\ [%'1O_25*;W?JQ+8[#QK_P B
M;XM_[%G7O_35=4AG'_ S_DC_ ,-_^Q1T?_TF6F]V"V0GQS_Y(]\1O^Q4U7_T
M0:%NO43V.P\$_P#(F^$O^Q8T'_TU6E(9T] !0 4 % &-KWA[0_$^EW&B^(M*
ML=8TJY"^?8W\"3P%E.Z.50PS%/"V'@N(BD\$@$D,B. P-MM+?*UP\CQL_LT?
M"<QBSDTWQ#)I"$>7H4GC/Q6=(1 01$MLNKJ_D\8\IIF0K\A!7BG=K85DCNO^
M%3_#E?"NH>"H/".D67AG5?LO]IZ;I\3Z<;]K*X@N[62\O;*2WU"XFAGMH76>
M6Z>8A C.8R5)=KRMMY7':WE^!V$FCZ=+H[Z!);[])DTQM'>T:68[M.>U-DUN
M9O,^T?-;$Q&7S?.YW^9O^:D FB:+IGAO2-.T'1K866E:3:16.GV@EFF%O:P+
MLBB\VXDFGDVJ,;Y97D;JS$\T!MMI;;RN6[VSMM0L[O3[R(36E];3V=U"6=!+
M;7,3PSQ%HV5U#Q.R[D977.58$ T 5-$T73/#>D:=H6C6PLM*TFTBLM/M!+-,
M+>UA7;%%YMQ)+/)M7C?+*\C=68GFC^NP;:+2VWE<X7XR:Q8Z!\-/%>IZIX9N
MO%NCV^G;=8T*SNWT^:XTF::.+49S=Q#S8(;*U>6]GDAQ((H'VLI^8>IDN6QS
M;,\)ESQ5+!/%5'2IUZL)3@JKBW3ARPM)RK5%&E#IS35]#S<WS!Y3EV)QZPU3
M%+#0525&E*-.?LU)>TGS2]U1IP<JDO[L7;4ZSPA=V=_X3\,7^GV;:?87OAW1
M;NQL'E,[V-G<Z;;36UFTQ),S6T+I"TI),A0ODYS7%BJ#PN*Q.&<E-X:O6H.:
M32DZ-25-R2>J4G&Z3U5['7AJRQ.&P^(47!5Z%*LH-IN*JTXS46UHW'FLVM'8
MZ*L#<* "@ H ^5_C9\:O$_PH^(7@W3+.Q@UW1?%?A_5H-,\-VEE(VM:IXQ@G
M:TTRU%^&*VMC>76IZ,A,4%Q.J6U\$@FFGMDK[CAOAS YWE&8U:E66$Q6!QF%
ME5QE2JHX3#9;*G.IB:DJ-KU*M.-&JXKG@FY05])-?'<09]C,ES3 4J=*.)PV
M+PF)C2PE.F_K-;,(SA##TXU;VITJDJU--\LFE&;ZQ3H:Q/\ M5>&=!OO'U_K
M7P]ODTFTFUO5?AS::5.L2:5:(;N_L[/6U1KV;4[>R27:HOIX&N$(@GO_ -U%
M<;8>/ >+Q5+*:.&SF@Z]2.&H9S5Q--_OJDE"E6JX)14(T9S<>9*TXQ>JAJXX
MUWQK@\/4S*IB,IJJA3EB*V44\/.*5&$7.I2IXSFYY5HP3LW>$I+1RNDS2OBA
M\4?CC/++\%SI'@WP5ID%E%J/C/Q3ITFH7]_KUQ96][>Z-HNE/&]NR:/]I6UU
M"XNH!'-,/.M;I8VCCF*V29'PO",>)(XK,,RK2J.EE> K1PU.AA8U)TZ6)Q6(
MM*2EB.1U*5*&JIM.:NVT4LWSGB&3?#SPV R^C&FJN8XVC*O.MB94XU*F'PU!
M<L>6ASJ%6I/24T^1VM?N?AEXW\=0^-_$'PG^*!T6[\4:5H5IXMT'Q!H,4EK9
M^(O#-S>G39[BXL9$C%K>V.HF.VD$,<44C-,BP".VCO+_ ,O.LMRIY=A,]R+Z
MS2P5?$U<!BL%BYQJ5L%C:=-5HQC5BE[2C6HMS@Y>]%IIN[Y8>ED^89G''XK)
M<X^KSQE##T\;AL7A82I4L7A*E1TI2E2DW[.K2JKDFH^Z[W2LN:7/:I\2?B7\
M1?%.N>%/@E:Z%INA^%-0DTCQ-\2/$T<UU8'685)NM(\-:?"LB7MS9N4$]Q/#
M<VT@)9A:6TVG7FH]E#)LER; X7'\33Q=7$X^DL1@LEP,H4JWU65U#$XVO-/V
M$*N].G%*HXJ_O/GC#DK9MF^:XS$X'AV&&H8? U'0Q>;XR,JE%8F/QX?!T86]
MM.GM4G*\$W;W5RRGAZY\0OC'\#)--UCXKWOA;QS\/;_4;73+_P 0:#:C0_$N
M@W-UYICG_L8+!:ZG:A49S;645Q=ND<KM/;;$2?JPV4<.<3*MAL@I8_*<VHT:
ME>CA,956+P6+A35Y16)45/#5-4HRJVI<TDM;WCSXC,\^X<=*OG=3!9EE=2M"
MC4Q6$I/"8O"SJ.T9?5W)PKT]VXTKU+)O2UGZW\0_C)H'@5=&TVQL-1\7^,?$
MT44OACP9H$;2:MJ4,^=E]=%HV_LK2EVNTM]<Q,P2&ZDAMIUL[PV_S^4<.8K,
M_K-:I5HY;EN!ERX[,L7+EPV'DG_"@HZU\0_LT:5V[J\H\T>;V\TS[#99]7HT
MZ57'8_&*^"R_"J]>M&U_:2OI0H+[56HDEK:,G&27@7Q4NOVF]6^&WCF_U[3/
MA9X1\*-X5U634]#6YUK5_%2:>UI*;RW6^MC<:(UZ(24BFB>*'S!O(3M]7D-/
M@S#9YE5'!UL\Q^-^OX58?%2AAL)@O;^UCR3E1E?$>QY[-Q;YW'0^:SJ?%M;)
M\SJ8JCDV P:P.)=;#1GB,1B_8NE+GBJL;4%5Y;I22Y5+4^J/AM_R3KP#_P!B
M7X6_],=C7PF;?\C7,_\ L88W_P!2:A]IE?\ R+,N_P"P'"?^H],[6O/.X* "
M@ H ^8OB+I=IJ7[27P"-W&)%T[1_B)J,,; %/M-MIEN;:0@\9@G:.YB/59H8
MW'*@U]IE%:=#@WBKV<G%U,5DU"36G[NI5KN<=.DE#E?=-H^1S2E"IQ9PTI)-
M4L-FU:*>RG"G14';O%SYEYI,]U\<?\B5XO\ ^Q7\0?\ IINZ^7R[_D88#_L,
MPO\ Z?@?1X__ ''&_P#8)B?_ $S,\W_9MTNTTCX(?#VWLXEBCGT>34I=H +W
M6J7]WJ%R[D<LQEN&4$\B-40855 ]SC6K.KQ3G<IM^YC9T8)OX:=",:4(KLN6
M"T76[/&X0I0H\-9/&"45+"1K2MI>=>4JLY/S<IOY6.+\1M>1_M0!M.!_M!?V
M;=?-B%'S&['C16M@!Z^>(\#UKKPBI_ZFM5=*7^MN%53HE3>7OG]/=N<V*YUQ
M8O9?Q%POBO9V_G6/CR?^36/'OV?;W]H6V^%'AQ?A]H7PDN_#;RZS+#>:Y?>(
MQKMQ>-K-^M])K M[Z-/MBW"M$GR _8H[0#*!"?I.*Z7"4L^QO]JXS/Z6+C["
M/L\+A\)+"PHK#TOJZPSJ>\Z+I<K3_F<CY_ABIQ1#)<&LLPF1SPO[Z7/B*^*A
MB95G7J>W>(C3]U5?:\R:7V5$]Q\+?!CQ+KOB:P^('QSU[3O%GB'26$OAGPGH
ML$T/@?PG-^[<W5K;7:)-J>H"5%DCN+V)FAECBDDFOY+;3YK+YK&\1X+"8&KE
M'#&$K9?A*ZMCL?B9QEF>8)77LYSI^[A\/O>E2?O)M/D3G&?T.#R#%XC&4\TX
MBQ-+&XJ@[X+!8>,H9=@).S]I"$[2K5]OWM1>ZTFN9J#C7^ 5A;:YXE^,?Q'U
M4)=^*[GXF^)O!:3R#=+HGAWPL]G;Z;HEL'+&VS&T3WQA\H7GD63S(SP!R^*:
MT\)@^'LFP[]G@*.38/,>2'NQQ&-S",ZM?$U$M)R3O2@W?D2DHV4FB>&J,,1B
M\]S:LN;&U,VQ> 4I6<L/A,#*-.AAZ?\ )%K]Y-*W.W%N]DSO?C]=6]G\%OB7
M+<2K#&_A+5+1&<A5^T7\7V&TBR<#=/=7$,*#N\B@9)Q7F\)4Y5.)LCC!7:S+
M"SLM+1IU%4F_2,(RD_),]#B><:?#N<N348_V?B8+I[U2#A!>LIRC%>;.J^&W
M_).O /\ V)?A;_TQV->=FW_(US/_ +&&-_\ 4FH>AE?_ "+,N_[ <)_ZCTSM
M:\\[@H XO5?%<NF^.O!O@]+..2+Q1HWC'59+TRLDEFWA=_#21PQPA"LHN_[?
M?>S.AB^SKM#[SCTJ& C5RO,,P]I*,L#B<NP\:2BG&:QT<=*4G+F3BZ?U2-DH
MOFYW=KE5_/K8V5',L!@%37+B\/CZ\JG,TZ;P<L&HQ4;6:J?6G=MKEY%9/F=N
MTKS3T#QKQ/X/U[4?C1\+_&%G:1R:!X9T3QK9:Q=FZMHWMKC6;*"&P1+5Y5N9
M_.EC*EH(I$C&6E9!MW?1X+,,)0X:SO+JE24<7C,9E=;#4U3FXSIX:5=UFZB7
M)!Q52-E)IRO[M[,\'%X'$U>(,GQU.FOJN$PN94J\^>$7">)C15)*#:G+G<)7
M<4U&VMKGH_BFQN=3\,>(]-LD$EYJ&@ZO8VD;.L:R7-WI]Q;P(TCD)&'ED12[
MD*H.YB #7BX*I"CC,)5J/EITL30J3:3;4*=6$I-):NT4]%J]D>MBZ<JN$Q-*
MFKSJ8>M3@KI7E.G*,5=Z*[:5WHCF/A'X>U7PG\-/!?AO6X%M-6T;0[6QO[=)
MH;A8;B+?O03V\DL$G4?-%(Z9Z,>M>CQ%C,/C\]S7&X2;GAL3C:U:A-PE3<J<
MY7BW":4H-KI))]S@R#"5\!DN68/$P5/$87!T:5:$91FHU(QM)*4&XNSZQ=F<
MCJ'A'Q5_PT1H/CRSTR"?PFGPPOO!^IZB]_:Q36-]-KMWK<1BL#+]LN"[V]A;
M[DA, CO)I&E5[?8W71QV!7"6+RRI7G#'_P!M4<?AZ"I3<*E%858>HY5DO9PY
M>:4E%OF;BE:SN<M7!XW_ %GPN84Z,'@5E%;!5JSJPC*E5EB?K$%&E?GGS<L8
MMI<J4F[W5CA[WP/\5/A!XB\0:[\&]-TOQEX+\47\^N:M\-=5U*/1;O2==N,-
M>7GAC5+EDLK>VO=H\RWF+)!&D-K#8W"16\MOZE/,\CS_  6$PO$-7$9;F> H
MQPN&SG#T7B88G"T]*-''T(_O)3I)VA5AJUK*2O)2\V>6YSD6+Q.)R&E0QV78
MVK+$8C*:]58:>&Q,]:M7!5G^[C&J]94IZ)Z1B]'&]IMY^T;\0-<T1]2T'3/@
MGX2TK4[?4=60:OI_BSQ-XACM)%==*A:V3[#:Z?>#='=_:+>UF0%9%DNXU>SF
MRJT^$,HPN)5+$U^(\PK4:E'#_P"SULOP&#E4C98F3E)5JM:G\5.,6X<VDE'X
MEK2GQ5F>)P_M,/1X>P%"M"K6M7I8W&XI0=_J\5&/L:5*IM4E)*7*[Q<MF>(O
M"'Q1^&WC3Q)XY^$.F:5XOT+QG-'J?BOX=ZGJ$6BW"^((HO+EUSP]JEPR6=O+
MJ2C?J*7)=I)V<F"]4V0TMX3,,DS?+,'E>?UL1EV*RR$J.79MAZ+Q$'A)2<U@
M\90C:<HT9R;HU(:QBW%N-I>T,5@,XRG,,5F.14:&-PV82C5Q^5UJJP\XXJ,5
M%XK"5I>Y&56"2JPGI*2YDI/EY//_ (@^$_C[\>O"^K:9XB\+V/PR\/V%A>ZA
MIOA.W\0Z=K6N^+O$UM;RG0;?4=4C:#3+'1(+[R[J:.X2U<21H3'/)]FO=,]7
M*,?PKPKC,/7P>-JYQC:E:G2K8Z6#JX?"9;@9SC]:G0H2O6K8NI2O3BU>,8N2
M35W&?F9I@N)>(\)7H8G!T\HP=*C4JT<%'%4J^*Q^,C!_5H5ZT>6C1PT*MIR3
MM*4E%M.RE#ZK^'EEJ^E^!/!^F:_91:;K.E^&]'TW4;*&YBNX[:YT^QALW1;F
M!I(9=PA#EHI)$RQ59' W'X7-IX>IFF85<'5E6PU7&8BK0JSINE*=.K5E4C)T
MY:P;YMG9GV>5PKTLNP-+$TXT<12PE"E6I0FJD85*=.,))3CI):;K1C?B-XKE
M\">!?%/B^"SCOY?#FC7>JI8RRM;QW+6R;_):9$D:,-_>",?:JR? 1S/-,!ET
MJDJ$,7B:6'=2,5.5-5)6<E!RBFUO9R5^Y.:XV679;C<="FJDL)AZE>-*4G",
MW"/,HN24G%/NHNW8[2O-/0/B_P#YO\U;_LV'X8_^K"_:"KSG_P CS#?]D]G?
M_JXX3.]?\B;$?]CW)_\ U5<3'VA7HG % !0 4 % !0 4 % !0 4 >/?M!?\
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$@#__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
