Client information on the Financial Services Act (FINSA)
The new Federal Financial Services Act (FINSA) came into force in Switzerland on January 1, 2020. On
the one hand, it contains regulations on the offer of financial services and financial products and, on the
other hand, protective mechanisms for investors. Even before the FINSA came into force, Aquila Ltd and
its partner companies attached great importance to protecting the interests of their clients. Based on
the new legislation, existing processes were further revised and adapted to the requirements of the
FINSA where necessary within the applicable transitional periods. Below we summarize the most important
information for you.

About us
The Kellins AG (hereinafter "the Company") is an independent asset management company domiciled
in Zurich, Switzerland. It holds a license from the Swiss Financial Market Supervisory Authority (FINMA)
as an asset manager within the meaning of Art. 17 para. 1 FINIA and is directly supervised by FINMA.
As a partner company of Aquila Ltd, the company can draw on specific expertise in the areas of legal,
compliance & risk, accounting and IT (outsourcing). Aquila Ltd holds a banking license and is also supervised
by FINMA.

Our services
We offer our clients services in the area of discretionary asset management, investment advice as well
as the transmission of orders (execution only). In addition, we provide other family office services on
request, such as the consolidation of additional accounts / portfolios, administrative support in cooperation
with custodian banks, etc. In addition, we have the possibility to structure products and to act as
asset manager for certain certificates (derivatives).
All services we offer as well as the corresponding costs are described in detail in the mandate agreement.

Conflicts of interests
As part of our service, we take into account a comprehensive range of products and services, which is
narrowed down by proven selection processes aligned with your needs. For this purpose, we can also
draw on research material from third parties (e.g. custodian banks). We strive to exclude conflicts of
interest wherever possible and otherwise disclose them transparently. If research material from third
parties is used and taken into account in the implementation of the investment strategy, this is done
exclusively after careful examination and selection from the entire market offering considered in your
best interest.
All our employees are bound by our internal code of conduct, which ensures that the needs of our clients
are paramount. For further information please contact us.

Client segmentation
An important element of client protection under the FINSA is the division of clients into investor protection
classes. We divide them into the three segments of "private clients," "professional clients," and "institutional
clients as defined by FINSA. Private clients enjoy the highest level of investor protection.
Unless you receive information to the contrary, you are classified as a private customer. Of course, you
can request that your classification under FINSA be changed at any time. We will then discuss with you
the possible alternatives and the associated requirements.

Ombudsman
If, following a written complaint from you to the Company, a conflict arises that cannot be settled bilaterally,
you can turn to the ombudsman's office. The aim of the ombudsman's office is to reach an agreement
between the parties in a neutral and independent manner. The services of the ombudsman's office
are generally inexpensive or even free of charge and are offered in German, French, Italian and English.
We are affiliated with the following ombudsman office:
Financial Services Ombudsman (FINSOM)
Avenue de la Gare 66
1920 Martigny
https://finsom.ch

Contact
Do you have any further questions? We are at your disposal under the following contact details:
Kellins AG
Weinplatz 10
8001 Zurich
info@kellins.ch