Disclaimer

This document has been prepared by AUREUM PARTNERS AG (“AUREUM”). Although AUREUM endeavors to ensure that the information in this document is correct and complete, no representation or guarantee is given for accuracy, reliability, topicality nor completeness. The performance in the past is no indication for actual or future results. All information is subject to change at any time without prior notice. Although the content of this document has been prepared with reasonable care, no representation or warranty is given for topicality, accurateness nor completeness. Any liability for any damage that might accrue by the use of this information is expressly excluded.

For information purposes only | The content of this document is provided for information purposes only and does not constitute an offer, a solicitation for an offer, an investment proposal or a recommendation to purchase or sell products, to execute other types of transactions, or to enter into legal transactions of any kind. It does not release the recipient from exercising their own judgment.

Target audience | This document and the information contained herein are intended for qualified investors only and who are not US persons. This applies to all “US Persons” under Regulation S of the US Securities Act of 1933. Subsequently, neither this document nor copies thereof may be sent to or taken to the United States or given to a US Person.

Usage restriction | This document expressly does not apply to persons whose nationality, residence or other characteristic prohibits access to such information under applicable law. If in doubt, we recommend that you contact a local distributor or bank.

Performance | With every investment, there are risks associated. The value of the invested capital and the revenues resulting therefrom are subject to fluctuations and may be lost or cease entirely. Positive performance in the past or an indication therefore is thus no guarantee of positive performance in the future. In particular, preservation of the invested capital cannot be guaranteed; there is thus no warranty that the value of the employed capital will correspond to the original capital on divestment. Therefore, no current or prospective client should assume that the future performance of any specific investment, investment strategy (including the investments and/or investment strategies recommended and/or purchased by AUREUM), or product made reference to directly or indirectly on these slides, will be profitable or equal to corresponding indicated performance levels.

Foreign currencies | Investments in foreign currencies are exposed to the additional risk of exchange-rate fluctuations and currency risks, i.e. the development of the value of such investments also depends on the volatility of the foreign currency, which may bear negatively on the value of the invested capital.