Frequently Asked Questions (FAQ) about ADRs

The following information does not contain all information that may be important to you. For more complete information, we highly recommend that you read the entire deposit agreement and the form of American Depositary Receipt, which contains the American Depositary Shares terms.
What is an American Depositary Receipt (ADR)?
ADRs are a negotiable US dollar denominated certificate representing ownership of shares in a non-US company. Gemalto’s ADRs represent Gemalto’s ordinary shares deposited with the depositary bank, to underlie such certificates and carry the rights attached to them as detailed in the Depositary Agreement. Holders of ADRs receive dividends in US dollars and have the right to vote on shareholders resolutions, at the Company’s discretion. The term ADR and ADS are often used interchangeably. ADRs were specifically designed to facilitate the purchase, holding and sale of non-U.S. securities by US investors.
What is an ADR ratio?
This is the relation between the number of ADRs and the number of ordinary shares. Every ordinary Gemalto share represents two Gemalto ADRs, i.e. the ratio is 1:2.
What are the benefits of ADRs to US investors?
U.S. investors may prefer to purchase ADRs rather than ordinary shares in the issuer’s home market because ADRs trade, clear and settle according to U.S. market conventions. One of an ADRs’ top advantages is the facilitated diversification into foreign securities. ADRs also allow easy comparison to securities of similar companies as well as access to price and trading information.
What types of companies issue ADRs?
ADR issuers are typically large multinational corporations. Any non-U.S. company seeking to raise capital in the U.S. or increase their base of U.S. investor can issue ADRs.
Is it easy to get information and updates on Gemalto?
Information is widely available on Gemalto’s website www.gemalto.com. Investors can sign up to receive press releases in English on the Company’s website. Trading information is readily available on the Pink Sheets website and our depository bank’s website:
https://www.adr.db.com/drweb/public/en/content/dr_details.html?identifier=8346&identifierType=DRID
Where are Gemalto ADRs traded?
Gemalto ADRs are traded in the Pink Sheets Electronic OTC (over the counter) market. You can refer to:
http://www.pinksheets.com and
https://www.adr.db.com/drweb/public/en/content/dr_details.html?identifier=8346&identifierType=DRID
Who is Gemalto’s depositary for ADRs?
Deutsche Bank Trust Company Americas. The depositary bank plays a key role in issuance as well as cancellation of ADRs. It also maintains the ADR holder register, distributes the dividends in US dollars and facilitates the exercise by the ADRs holders of their voting rights.
How are ADRs related to Gemalto’s ordinary shares?
Every Gemalto Ordinary share represents two Gemalto ADRs, i.e. the ratio is 1:2
What is the difference between a Registered holder and a Beneficial ADR holder?
A registered holder is one whose name appears on the books of the depositary. The registered holder is considered the owner of record. A beneficial holder is one whose holdings are registered in a name other than their own, such as in the name of a broker, bank or nominee.
How do I convert my ordinary shares into ADRs?
Converting ordinary shares into ADRs must be done through a broker investment advisor or through Deutsche Bank Trust Company Americas. You can contact Deutsche Bank broker services desk on +1 212 250 9100 or +44 207 547 6500
What is a sponsored Level 1 ADR program?
In a Level 1 ADR program, the ADRs are not listed on a US stock exchange, but are traded in the US Over-the-Counter (OTC) market, mainly on the Pink Sheets electronic market.
What is the U.S. Over-the-Counter (OTC) market?
The U.S. OTC trading in Level 1 ADRs is carried out by market makers using inter-dealer quotation services of Pink quote (operated by Pink OTC Markets) ".
What is “Pink Sheets”?
The Pink Sheets is a centralized electronic quotation system that collects and publishes market maker quotes for OTC securities in real-time (www.pinksheets.com). Pink Sheets is neither a Registered Stock Exchange nor a Broker-Dealer.
How may I check how many ADRs I hold?
If you do not hold via a broker, bank or nominee, please contact our transfer agent
Deutsche Bank Shareholder Services
American Stock Transfer & Trust Company
Peck Slip Station
P.O. Box 2050
New York, NY 10272-2050
Email: DB@amstock.com
Toll-free number: +1 866 706 0509
Direct Dial: +1 718 921 8137
To receive your Gemalto Annual Report, or other shareholder or company information please contact Investors Relations via Gemalto’s website www.gemalto.com.
To receive Notice of meeting and related proxy materials, please contact our transfer agent if you a registered holder:
How may I find out corporate action information on Gemalto?
For corporate action information, please visit: www.gemalto.com or http://www.adr.db.com. Search for Gemalto and under Company Public View section, select Corporate Actions Calendar. Alternatively you may contact Deutsche Bank Trust Company Americas Shareholder Services on toll-free number +1 866 706 0509 Direct Dial: +1 718 921 8137.
How do I obtain historical share prices of Gemalto’s ADRs, for the purpose of completing my tax return?
Historical share prices for Gemalto’s ADRs can be found on Deutsche Bank website (http://www.adr.db.com) or on the Pink Sheet website (http://www.pinksheets.com)