(10)To maintain the efficiency of base prospectuses, which constitute a significant share of non-equity prospectuses, a more flexible format should be established for an EU Follow-on prospectus that consists of a base prospectus (‘EU Follow-on base prospectus’). Since a base prospectus may concern single or multiple issuers or issuances, it is appropriate to consider a standardised format for issuer-specific information in the case of a single issuer, when the EU follow-on base prospectus is prepared as separate documents, while allowing for flexibility for the other information to be disclosed in that EU Follow-on base prospectus.