ADR (American Depositary Receipt)

              Gemalto has established a sponsored Level I American Depository Receipt (ADR) Program in the United States since November 2009. Each Gemalto ordinary share is represented by two ADRs. Gemalto’s ADRs trade in U.S. dollar and give access to the voting rights and to the dividends attached to the underlying Gemalto shares. The dividends are paid to investors in U.S. dollar, after being converted into U.S. dollar by the depository bank at the prevailing rate.

              Structure: Sponsored Level I ADR
              Exchange: OTC
              Ratio (ORD:DR): 1:2
              DR ISIN: US36863N2080
              DR CUSIP: 36863N 208

              Contact details for American Depositary Receipt (ADR) Holders:

              Deutsche Bank Shareholder Services
              American Stock Transfer & Trust Company
              Peck Slip Station
              P.O. Box 2050
              New York, NY 10272-2050


              Toll-free number: +1 866 706 0509
              Direct Dial: +1 718 921 8137

              Contact details for ADR brokers & institutional investors:

              US Tel: +1 212 250 9100
              UK Tel: +44 207 547 6500

              The Company ADR program is sponsored by Deutsche Bank Trust Company Americas (Deutsche Bank). As the depositary bank, Deutsche Bank performs the following roles for ADR holders as further detailed in the Deposit Agreement:

              • Records and maintains the register of ADR holders,

              • Is the stock transfer agent,

              • Facilitates the voting process and the exercise of the voting rights of ADR holders at any Company General Meeting if permitted by the Company and the Depositary Agreement,

              • Issues and cancels Gemalto American Depositary Shares (ADSs),

              • Distributes Company circulars and General Meetings (including Annual General Meeting) documentation.

              • Distributes dividends in U.S. dollars (if applicable)

              For those holders who are not registered because their ADSs are held through a ‘Street name’ (nominee account), your nominee will receive Company documents from time to time from Deutsche Bank to distribute to ADR holders. You need to make arrangements with your nominee if you wish to receive such documents and to be able to exercise your vote through the depositary bank at General Meetings.