LEGAL DISCLAIMER Please read the following important legal information carefully. IMPORTANT LEGAL INFORMATION By accessing the website of Falcon Private Bank Ltd. (hereinafter referred to as "Falcon Private Bank") you confirm that you have understood and acknowledge the following terms and conditions of use. If you do not agree with or accept the terms and conditions, we request that you no longer access our website. RESTRICTIONS The website of Falcon Private Bank is not aimed at individuals who are prohibited by their country’s laws from accessing the website of Falcon Private Bank, and such individuals are not permitted to access the website of Falcon Private Bank. Under US law, US citizens and individuals domiciled in the United States are not permitted to access the website of Falcon Private Bank. COPYRIGHT The entire content of the website of Falcon Private Bank is protected by copyright (all rights reserved). By using the website of Falcon Private Bank, the user is not accorded any rights with regard to the content, software, registered trademarks or any other elements of the website of Falcon Private Bank. The reproduction or use of the website of Falcon Private Bank and of the logo of Falcon Private Bank for public or commercial purposes without prior written permission from Falcon Private Bank is prohibited. NO OFFER The information and opinions published on the website of Falcon Private Bank do not constitute a solicitation or offer to buy/sell securities or other investment instruments, or a solicitation or offer to carry out such transactions. They are for information purposes only. The information and opinions on the website of Falcon Private Bank do not represent recommendations or advice to be used in making decisions on investments or any other matters and do not constitute advice of any form. In this respect, please contact your investment advisor. INVESTMENT FUNDS Individuals domiciled in a country in which local legislation prohibits access to information or publications about Falcon Private Bank funds may not access this information. NO LIABILITY Falcon Private Bank takes the utmost care in compiling and updating the information that appears on the website of Falcon Private Bank. However, Falcon Private Bank and its contractual partners assume no liability (including liability to third parties) with respect to the accuracy, relevance and completeness of the information and opinions published on the website of Falcon Private Bank. Furthermore, Falcon Private Bank accepts no responsibility and provides no guarantee that the functions of its website will not be interrupted and are free from error, that these errors will be resolved or that the site or the relevant server is free from viruses or any other harmful elements. AMENDMENTS All information, performance data, links or other messages may be amended at any time without prior notification to users PERFORMANCE The value of the invested capital and the prices of fund units and the resultant income and distribution amounts generated are subject to fluctuations and may even fall to zero. Past performance is no guarantee of future results. In particular, there is no guarantee that the invested capital will maintain its value; likewise, as a result, there is no guarantee that the value of the invested capital/fund units held will be the same upon sale/redemption as the capital originally invested. Investments in foreign currencies are also subject to exchange rate fluctuations and currency risks, i.e. the performance of these investments also depends on the volatility of the foreign currency, which may have a negative impact on the value of the capital invested. When investing in funds, the risk/return potential is also linked to the investment policy and focus of the individual investment funds. This means that investments in the technology and emerging market sectors are very volatile and losses may be very high upon sale. Neither Falcon Private Bank nor its contractual partners assume liability for any losses incurred. EXCLUSION OF LIABILITY Falcon Private Bank and its contractual partners assume no liability (including negligence and liability to third parties) for any losses directly or indirectly resulting from damages of any kind in connection with any information, performance data, links or other messages or with financial market risks. LINKS By following a link, a user may leave the website of Falcon Private Bank. Falcon Private Bank has not carried out any checks on third-party websites to which there are links from the website of Falcon Private Bank and accepts no responsibility for the content, and in particular, the offers, information and opinions expressed on these sites. USE OF E-MAIL Please note that the use of e-mail is voluntary. The following legal terms and conditions of use apply to the use of e-mail. E-mails are sent across public networks without any protection and may be intercepted, read and altered by third parties. Even if the sender and recipient are both in Switzerland, e-mails are sent across national borders at regular intervals without any form of control. In addition to the contents of the e-mail, third parties may also be able to identify the sender and recipient, and may therefore be able to infer the existence of a banking relationship. This also applies to e-mails that are used to communicate with Falcon Private Bank. Falcon Private Bank is authorised to send the user e-mails. Subject to separate agreements, however, Falcon Private Bank is not obliged to send or receive notifications and orders (incl. payment orders) by e-mail for security reasons. Under no circumstances shall Falcon Private Bank be held liable for any damages arising from the use of e-mail or from the delayed execution or non-execution of orders sent by e-mail. For technical reasons, Falcon Private Bank cannot guarantee the delivery of e-mails. Falcon Private Bank assumes no liability for damages resulting from an e-mail not being delivered or its delivery being delayed. These terms and conditions also apply to other unsecured forms of communication with comparable functions and risks. TAXATION Please contact your tax advisor for the tax regulations in the investor's tax domicile with regard to the holding, buying or selling of equities, fund units and other investment products and the associated tax consequences. APPLICABLE LAW If the use of the website of Falcon Private Bank gives rise to a legal relationship between the user and Falcon Private Bank, this will be governed by Swiss law.