Please read the following Terms and Conditions of Use and legal information carefully.

Authorised users and access to the website

Please read the following paragraphs carefully before agreeing to access this CapStone Securities PCC Limited website (“Website”). By accessing the Website you agree to be bound by the following.

In these Terms and Conditions of Use, references to “you” and “your” are references to any person using or accessing (or attempting to use or access) this Website.

Certain documents contained on this Website may contain legends or other restrictions limiting the persons (further referred to as “user(s)” or “you” or “investor(s)”) who, or the circumstances under which, certain persons may participate in an offering or otherwise invest in the securities. The availability of the information through this Website does not alter or change in any way the nature or effect of any such restrictions.

Accessing the documents on this Website may not be lawful in certain jurisdictions. In other jurisdictions, only certain categories of persons are permitted to access this information. You should only access this Website if you have informed yourself about and if you observe any applicable legal or regulatory restrictions which relate to the access to or use of this information.

If you are not permitted to access the information on this Website, or accessing the information would result in a breach of the above, or you are in any doubt as to whether you are permitted to access such information, please exit this page by clicking on the “DECLINE” button below and, if applicable, seek independent advice. In this regard, see also the paragraph “Selling Restrictions ” in the Base Prospectuses uploaded in the “Documents” section of the Website.

CapStone Securities PCC Limited and any of their respective affiliates (“CapStone”) do not accept any responsibility whatsoever to, or as a result of, such persons providing false information regarding their authorisation to use this Website.

No offer, no solicitation to buy, subscribe or sell

This Website is intended solely to give access to information to the user that CapStone has decided to make available to the public for information purposes only and does not constitute and should not be interpreted as a solicitation, advertising, invitation, inducement or an offer by CapStone to buy, subscribe or sell securities or to enter into any other transaction. Potential investors may not buy, subscribe to or sell the securities described on this Website directly from CapStone, but must do so exclusively through their bank/intermediary.

Absence of contractual obligations to provide information; absence of advice; direct line

The use of this Website will not operate in the sense of creating a contractual relationship with CapStone outside of these Terms and Conditions of Use. In particular, the information displayed on this Website should not be interpreted as an offer by CapStone to enter into a consultancy contract or any other contract for the provision of information on a free or non-free basis. In light of the foregoing, access to the Website, the consultation by a user of this Website or the extraction of the information contained therein will not lead to the conclusion of any contract between CapStone and the user for the provision of information. Further, CapStone will have no obligations or responsibilities towards any users of the Website.

Neither the information referred to in this Website nor the information that users receive through the “Contact Us” line will constitute an investment, tax or other advisory service. That information shall not take into account the specific situation of the user with regard to, inter alia, his knowledge of the relevant securities, investment objectives and risk appetite, financial situation and tax and accounting position. Such information does not replace advice from the user’s bank/intermediary or any other tax or investment advisor, which is essential in each individual case before making any decision to buy, subscribe or sell.

Absence of financial analysis

The information provided on this Website does not constitute a financial analysis nor does it meet the legal requirements to guarantee the impartiality of the financial analysis; nor is such information subject to a trading ban prior to the publication of financial analyses.

Risks

The purchase/subscription of securities is linked to financial risks. In the presence of unfavorable conditions, such risks could materialize and lead to a total loss of the invested capital. Potential investors should carefully read the relevant Issuance (in particular, the “Risk Factors” paragraph in the Base Prospectuses uploaded in section titled “Documents” of the Website), the relevant final terms, any supplements to the Base Prospectus in order to understand the risks associated with an investment in the securities. Potential investors should consult their bank/intermediary or any other tax or financial advisor before making any decision to buy, subscribe or sell.

Price and performance information (if any)

Indicative price information and past performance, if shown, will be for information purposes only and any actual bid or offer price available in the market may differ substantially from the indicative prices eventually published on the Website. Historical price developments are not a reliable indicator of future price developments in the underlying or securities. In addition, as the indicative prices are prepared as at a particular date and time, they will not reflect subsequent changes in market prices or changes in any other factors relevant to their determination. Please note that CapStone does not provide any guarantee regarding the correctness of any price information and that the price information is subject to correction at any time. Potential investors should consult their bank/intermediary or any other tax or financial advisor before making any decision to buy, subscribe or sell.

All information published on this Website, if any, relating to returns refers to gross returns that do not take into account the costs to be incurred and, except where expressly indicated, the taxes to be paid by the relevant investor. Investors, in fact, will bear costs and taxes that decrease their return. These costs and taxes include, for example, costs related to the securities account or transaction costs. The extent of the impact of any of those costs and taxes on the net return depends on the amount of the investment and the costs and taxes actually incurred by the relevant investor. Potential investors should consult their bank/intermediary or any other tax or financial advisor before making any decision to buy, subscribe or sell.

Product documentation

For most securities, final terms can be searched using this Website which contains details of the relevant product.

To the extent that the user consults a product document, CapStone will have the right – but not the obligation – to store the user’s data (in particular, the IP address, provider and URL of origin), the time of access and the contents of the product information transmitted to the user. Such storage serves to comply with regulatory obligations, and the stored data may also be used in the context of legal disputes between the user or other investors and CapStone. The data privacy policy also applies to such data.

Issuance Documentation

In order to receive detailed information relating in particular to the structure and risks associated with an investment in the securities, users who are considering the purchase/subscription of the securities described on this Website should read the Base Prospectus, which, together with all relevant supplements (if any), is published in section titled “Documents” of the Website and can be obtained free of charge from CapStone Securities PCC Limited at Suite 6 Provident House, Havilland Street, St Peter Port, Guernsey, GY1 2QE.

No rights can be derived from the information available on this Website and all information available on this Website must be read at all times in connection with the Base Prospectus, the relevant final terms, any supplements thereof.

Selling Restrictions

The securities described on this Website cannot be offered for sale in all countries and are in any case reserved for the group of persons authorized to purchase them. The selling restrictions that apply to specific securities and that the user undertakes to comply with are indicated in relevant Base Prospectus for the issuance of securities and must be read carefully by the user (for further details see the “Selling Restrictions” paragraph of the relevant Base Prospectus uploaded in section titled “Documents” of the Website).

The information contained on this Website is not directed to the United States. U.S. citizens (as defined in Regulation S of the U.S. Securities Act of 1933) and legal entities domiciled in the United States may not have access to this Website. The information provided on the Website may not be disclosed in the United States or other countries where such an action would constitute a violation of their applicable law. The securities listed herein are not and will not be registered under the U.S. Securities Act of 1933, and no authorization has been obtained to trade such securities under the U.S. Commodities Exchange Act of 1936. Securities may not be sold or offered in the United States, to U.S. citizens, or to legal entities domiciled in the United States.

No guarantee regarding the content, suitability, tax implications or future performance

The provision of, or the content referred to in, this Website or other services will not give rise to any obligation on the part of CapStone towards users.

Although the Website is based on information that CapStone considers reliable and CapStone tries to keep this information up to date, CapStone does not provide any guarantee on the information contained herein.  In particular, CapStone makes no warranty as to (a) the quality, correctness, topicality, availability and completeness of the data and other information referred to on this Website, (b) the timely and correct notification to users that certain limits and thresholds have been reached, (c) the fact that it will continue to provide or update such information in the future, (d) the adequacy, suitability or appropriateness of the securities for investors, (e) the tax and accounting consequences of an investment in the securities, (f) the future performance of any underlyings or securities and (g) the future development of securities prices. Potential investors should consult their bank/intermediary or any other tax or financial advisor before making any decision to buy, subscribe or sell.

Links

This Website may contain links to websites that are financed and maintained by third parties. CapStone makes these links available to users solely for the purpose of assisting them in locating other sites. CapStone has not reviewed the information, software or products on such sites in relation to their content or proper functioning. In light of the foregoing, CapStone makes no representations regarding the content of such sites. Furthermore, CapStone assumes no responsibility for technical defects or viruses contained in such sites. The fact that CapStone makes a link available does not constitute a recommendation or confirmation by CapStone regarding the content of such sites, their owners or the persons responsible for them.

No liability

The user assumes all responsibility and risk for the use of this Website and the internet generally. Under no circumstances, including negligence, shall CapStone be liable for any direct, indirect, incidental, special or consequential damages, or lost profits that result from the use or inability to use the Website and/or any other websites which are linked to this Website. Nor shall CapStone be liable for any such damages including, but not limited to, reliance by a user or visitor on any information obtained via the Website; or that result from mistakes, omissions, interruptions, deletion of files, viruses, errors, defects, or failure of performance, communication, failure, theft, destruction or unauthorised access.

Any information on this Website may include technical, inaccurate or typographical errors. Further, CapStone explicitly reserves the right to amend, delete or stop the release temporarily or indefinitely of opinions expressed on the Website, single websites or the whole operation of the Website including the services offered, any information, characteristics and functionalities which are accessible within the use of the Website as determined, without prior notice. CapStone is not obliged to bring or keep up to date the information available on the Website.

Complaints

Users must address any objection or complaint in relation to the content of this Website in writing to the following address:

CapStone Securities PCC Limited at Suite 6 Provident House, Havilland Street, St Peter Port, Guernsey, GY1 2QE

Applicable law/jurisdiction

These Terms and Conditions of Use and any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with them shall be governed by and construed in accordance with Swiss law without giving effect to the conflict of laws principles thereof. The courts of Zurich shall have exclusive jurisdiction in respect to any dispute that may arise hereunder (including non-contractual disputes or claims).

Changes to the Terms and Conditions of Use

CapStone reserves the right to update these Terms and Conditions of Use without prior notice. We therefore advise you to visit this page regularly.

These Terms and Conditions of Use are current as of September 13, 2024.

CONFIRMATION OF UNDERSTANDING AND ACCEPTANCE OF DISCLAIMER

I have read and understood the disclaimer set out above. I understand that it may affect my rights and I agree to be bound by its terms. I confirm that I am permitted to access this Website and I am doing so for information purposes only and will do so in accordance with the terms of these Terms and Conditions of Use including without limitation the restrictions set forth above under “Selling Restrictions” section.