Website. This website and its associated documents (the “Website”) has been prepared by 21strategies GmbH and/or its affiliates (the “Company”). With the use of this Website, you confirm you have read and agreed to our Terms of Use and the Privacy Policy. This Website is not intended to be and must not be taken as the basis for any investment decision and/or buying decision. Any opinions, news, research, analyses, prices or other information contained on this Website, by the Company, its employees, partners, advisers or contributors, is provided as general commentary and does not constitute investment advice. The Company will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on the information of this Website. While we would endeavor to update the information at this Website on a reasonable basis, the Company, its affiliates, subsidiaries and associated companies, their directors, employees and advisers are under no obligation to update or keep the information current. Also there may be regulatory, compliance, or other reasons that may prevent us from doing so. Recipients of information presented at this Website (the “Recipients”) and others are cautioned that the Website may be subject to change without notice.

No solicitation. We are not soliciting any action based upon the information presented at this Website. Any information posted at this Website is not to be construed as an offer to sell or a solicitation of an offer to buy any security in any jurisdiction. It is for the general information of Recipients. It does not constitute a recommendation or take into account the particular investment objectives, financial situations, or needs of individual recipients. Not all Recipients may receive the same amount of information posted at this Website at the same time. The Company will not treat Recipients as customers/clients by virtue of their receiving of any information posted on this Website.

Warranty disclaimer. We have not verified the accuracy or basis-in-fact of any claim or statement made by any author or of any information, including but not limited to algorithmically computed information, at this Website. Information presented at this Website does not necessarily represent the opinion of the Company or its management. All information presented at this Website is provided on an “as is” basis, without any warranties or representations express, implied, or statutory; including, without limitation, warranties of quality, performance, financial results, non-infringement, merchantability or fitness for a particular purpose. Nor there are any warranties created by a course of dealing, course of performance or trade usage. We do not warrant that the information, including but not limited to forward-looking statements, and/or services presented at this Website will meet Recipients’ needs or be free from errors, or that the operation of the products and services presented herein will be uninterrupted or free of errors or omissions. We cannot and do not guarantee the privacy, security, authenticity and non-corruption of any information transmitted through, or stored in any system connected to, the Internet.

Limited Liability. We have reviewed this Website, and in so far as it includes current or historical information, it is believed to be reliable. It should be noted that the information contained herein, when derived from underlying publicly available data or other sources, believed to be reliable. Neither the Company, nor any person connected with it, accepts any liability arising from the use of this Website. The analysis discussed or presented or views expressed may not be suitable for all Recipients. The Recipient assumes the entire risk of any use made of the information presented at this website. Recipients of this website should rely on their own investigations and take their own professional advice.

Territory. The information presented at this Website is not directed or intended for distribution to, or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction, where such distribution, publication, availability or use would be contrary to law, regulation or which would subject the Company and affiliates to any registration or licensing requirement within such jurisdiction. Persons who may come across this website are required to ascertain them of and to observe such restriction.

General disclaimer. The Company, its officers, directors, and employees (a) do not buy or sell the financial instruments mentioned at this Website or (b) are engaged in any other transaction involving such investments in the financial instruments mentioned at this Website and earn brokerage or other compensation or act as a market maker in the financial instruments discussed at this Website or act as advisor or lender/borrower to such company(ies) or have other potential conflict of interest with respect to any analysis and related information and opinions. Without limiting any of the foregoing, in no event shall the Company, any of its affiliates or any third party involved in, or related to, computing or compiling the information presented at this Website have any liability for any damages of any kind. Copyright in this Website vests exclusively with the Company and/or the copyright holders mentioned herein. This information should not be reproduced or redistributed or passed on directly or indirectly in any form to any other person or published, copied, in whole or in part, for any purpose, without prior written permission from the Company.

©2020 21strategies GmbH. All rights reserved. Last update: July 2020