Nanostart places great importance on adhering to the highest standards of corporate governance. As a company listed in the Entry Standard segment of the Frankfurt Stock Exchange, Nanostart has no obligation under sec. 161 of the German Stock Corporation Act (Aktiengesetz) to make a declaration regarding the extent of its compliance with the recommendations of the German Corporate Governance Code. The management and supervisory board are, however, considering whether to publish such a declaration of compliance in the future.