Article 2 3

(a)

managers of alternative investment funds as referred to in Article 3(2) of Directive 2011/61/EU;

(b)

insurance and reinsurance undertakings as referred to in Article 4 of Directive 2009/138/EC;

(c)

institutions for occupational retirement provision which operate pension schemes which together do not have more than 15 members in total;

(d)

natural or legal persons exempted pursuant to Articles 2 and 3 of Directive 2014/65/EU;

(e)

insurance intermediaries, reinsurance intermediaries and ancillary insurance intermediaries which are microenterprises or small or medium-sized enterprises;

(f)

post office giro institutions as referred to in Article 2(5), point (3), of Directive 2013/36/EU.