Germany- Austria Long-Term Rights Document Format Change

Dear Market Participant,

Starting 1st of September 2019, the long term right document for the border DE<>AT will no longer be aggregated, but will contain distinct time series for each contract type.

Currently, the right document that are sent to you include the total of all the rights you hold further the allocation of yearly and monthly product (Contract type A06) within one Time Serie per direction also so-called aggregated.

Starting market period 1st of September (RD will be sent on the 30th of August), the right document will then display one Time Serie per product (Monthly = A03 and Yearly = A04) and per direction.

Consequently, you may notice changes in the structure of this document, and namely :

- Amount of TimeSeries

- TimeSeriesIdentification

- ContractIdentification

- ContractType

Please let us know if you have any question about this.

Best regards,

Operations Team

JAO S.A.

2 rue de Bitbourg

L-1273 Luxembourg-Hamm

T. +352 27 62 38 38