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Société Générale Effekten Gmbh Base Prospectus TURBO

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Société Générale Effekten Gmbh Base Prospectus TURBO Société Générale Effekten GmbH Frankfurt am Main (Issuer) Base Prospectus dated 10 January 2020 relating to TURBO Warramts and Unlimited TURBO Warrants unconditionally and irrevocably guaranteed by Société Générale Paris (Offeror and Guarantor) This Base Prospectus expires on 10 January 2021. The obligation to supplement this Base Prospectus in the event of significant new factors, material mistakes or material inaccurancies does not apply when this Base Prospecctus is no longer valid. Table of Content TABLE OF CONTENT 1. GENERAL DESCRIPTION OF THE OFFERING PROGRAMME ................................................ 5 1.1. Overview of the Issuer ...................................................................................................... 5 1.2. Overview of the Garantor ................................................................................................. 5 1.3. Overview of the Securities ............................................................................................... 5 1.4. Overview of the Offer and Trading .................................................................................. 6 2. RISK FACTORS ........................................................................................................................... 7 2.1. Risk Factors relating to the Issuer .................................................................................. 8 2.2. Risk Factors relating to the Guarantee ........................................................................... 8 2.3. Risks arising from the nature of the Securities ............................................................. 9 2.3.1. Risks relating directly to the structure of the Securities. ........................................... 9 (a) Risks in the case of TURBO Warrants ........................................................... 9 (b) Risks in the case of Unlimited TURBO Warrants ......................................... 10 (c) Exchange rate risks in connection with the Securities ................................. 12 2.3.2. Risks arising from the Underlying to which the Securities are linked ..................... 12 (a) Risk of fluctuations in the value of the Underlying ....................................... 12 (b) Risks relating to Shares as the Underlying .................................................. 13 (c) Risks relating to Indices as the Underlying .................................................. 14 (d) Risks relating to Precious Metals as the Underlying .................................... 16 (e) Risks relating to Futures Contracts as the Underlying ................................. 17 (f) Risks relating to Currency Exchange Rates as the Underlying ................... 18 (g) Risks relating to ETF Shares as the Underlying .......................................... 18 2.3.3. Risks relating to the pricing and tradability of the Securities .................................. 20 (a) Market risks .................................................................................................. 20 (b) Liquidity risks ................................................................................................ 20 (c) Determination of secondary market prices for the Securities / pricing risks 20 (d) Risks from potential conflicts of interest ....................................................... 21 2.3.4. Risks arising from the taxatin of the Securities or the Underlying .......................... 22 (a) Risks relating to taxation of the Securities ................................................... 22 (b) Risks relating to the retention of US withholding tax (FATCA) .................... 22 (c) Risks relating to the retention of US withholding tax (Section 871(m)) ........ 23 2.3.5. Risks, that may arise from disruption events .......................................................... 23 (a) Adjustments .................................................................................................. 23 (b) Termination risk ............................................................................................ 24 (c) Reinvestment risk ......................................................................................... 24 3. GENERAL INFORMATIONEN ................................................................................................... 25 3.1. Form and Publication ..................................................................................................... 25 3.2. Approval and Notification .............................................................................................. 25 3.3. Responsibility Statement ............................................................................................... 26 3.4. Final Terms for New Securities ..................................................................................... 26 3.5. Final Terms for Former Securities ................................................................................ 26 3.6. Third-Party Information .................................................................................................. 27 3.7. Information incorporated in this Base Prospectus by reference ............................... 27 3.7.1. Issuer ...................................................................................................................... 27 3.7.2. Guarantor ................................................................................................................ 28 3.8. Document on display ...................................................................................................... 30 3.9. Consent to the use of the Base Prospectus ................................................................ 30 4. DESCRIPTION OF THE ISSUER ............................................................................................... 32 5. DESCRIPTION OF THE GUARANTEE ...................................................................................... 33 5.1. Nature and scope of the Guarantee provided for the Securities ............................... 33 5.2. Information about the Guarantor ................................................................................... 34 6. GENERAL INFORMATION ON THE SECURITIES ................................................................... 35 6.1. Information about the Securities ................................................................................... 35 6.1.1. General ................................................................................................................... 35 (a) Type and class of the Securities .................................................................. 35 (b) Form of the Securities / Transferability......................................................... 35 (c) Status of the Securities ................................................................................ 36 (d) Guarantee ..................................................................................................... 36 - 2 - Table of Content (e) Limited Recourse .......................................................................................... 36 (f) Exercise of the Bail-in Power of the Relevant Resolution Authority on obligations of Société Générale ................................................................... 36 (g) Payments under the Securities .................................................................... 37 (h) Calculation Agent ......................................................................................... 38 (i) Paying Agent ................................................................................................ 38 (j) Information about the Benchmarks Regulation with respect to the authorization of the Administrator ................................................................. 38 6.1.2. Term and Termination ............................................................................................ 38 6.1.3. Description of the rights arising from the Securities ............................................... 38 6.2. Interests of natural and legal persons involved in the issue/offer of the Securities 38 6.2.1. Further Transactions ............................................................................................... 38 6.2.2. Business Relationships........................................................................................... 39 6.2.3. Information relating to the Underlying ..................................................................... 39 6.2.4. Pricing ..................................................................................................................... 39 6.3. Reasons for the offer of the Securities and use of proceeds .................................... 40 6.4. Disclosure of resolutions relating to the Securities.................................................... 40 6.5. Factors affecting the tax treatment of any income from the Securities .................... 40 6.6. Information about the Underlying ................................................................................. 40 6.6.1. General description of the Underlying .................................................................... 40 6.6.2. Market Disruption Events relating to the Underlying .............................................. 41 6.6.3. Adjustments to the Terms and Conditions due to events affecting the Underyling 41 6.7. Conditions for the offer of Securities ........................................................................... 41 6.7.1. Offer of Securities ..................................................................................................
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