Unified for New Opportunities - Canada - New tax service for Clearstream Europe AG clients

In relation to the initiative Unified for New Opportunities, Canada is part of the market activation wave planned in June 2026.

Between June 2026 and the end of Q1 2027 (final closure of the accounts), Clearstream Europe AG¹ clients holding 6-series accounts will then gradually be able to move their securities to CEU or Clearstream Banking S.A. (CBL) accounts.

For the Canadian market, CEU will offer the same level of tax service as CBL. Therefore, to allow clients to already prepare the required certification for their CEU account, clients are requested to refer to the following:

• Market Taxation Guide - Canada for the procedures and full certification requirements. The Market Taxation Guide - Canada for CEU clients will be published in due course but as CEU will offer the same level of tax services as CBL, CEU clients may refer to the CBL tax guide until the CEU tax guide has been published.
• Tax forms: Clients are asked to use the CEU Tax forms (attached to this Announcement and under Tax Forms to use) to certify CEU accounts for the purpose of obtaining relief at source.

Impact on clients

Clients migrating their assets from 6-series accounts to CEU accounts or settling new Canadian securities in their CEU accounts must submit Canadian tax certification as follows in order to document their CEU account for tax purposes:

• 6-series account not certified: Submit the CEU tax forms as per the documentation requirements described in the Market Taxation Guide - Canada; or
• 6-series account already certified: If the client is already certified with the latest version of the tax forms (attached to this Announcement), a duplication of these forms to CEU accounts can be requested via Swift instruction. Please refer to announcement D25032 for more details on the duplication process.

Clients can start the certification process immediately to allow a smooth treatment by tax operational team and avoid the risk of not being certified if onboarding new securities and must ensure to provide their certificates/duplication requests if possible by the date of the activation or no later than the deadline applicable for relief at source of the first income payment to which it applies For the usual certification deadlines, please refer to the Market Taxation Guide - Canada.

Further information

For further information, clients may contact the project via UNO@clearstream.com or their Relationship Officer.

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1. This Announcement is published by Clearstream Europe AG (CEU), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.