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By clicking on “YES”, you confirm that Switzerland is your country of residence/registered domicile and that, in particular, you are neither a US resident nor a US citizen. Maerki Baumann & Co. AG (hereinafter referred to as “MBC”) explicitly declines any responsibility for the distribution of information or documents to natural or legal persons who provide incorrect information regarding their legal place of residence or registered domicile.

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The following website and its pages (hereinafter referred to as the “MBC website”) are provided for information purposes only and do not constitute research. The MBC website and all materials, documents and information used therein or distributed in the context of its publication do not constitute or form part of and should not be construed as an offer (public or private) or a solicitation of offers (public or private) to purchase or subscribe to or sell shares or other securities and/or financial instruments of MBC or any of its affiliates or subsidiaries or an inducement to enter into investment activity in any jurisdiction. They may also not be used for such purposes.

The information presented on the MBC website is provided outside of any contractual relationship and shall not establish any contractual, consulting or other information-based relationship with the user. The information and financial instruments presented on the MBC website bear no relation to the specific investment objectives, financial situation or particular needs of any specific recipient. Prior to entering into a transaction, you should consult with your own legal, regulatory, tax, financial and accounting advisers to the extent you deem necessary to make your own investment, hedging and trading decisions. Historical data on the performance of the financial instruments or the underlying assets is no indication of future performance. No representation or warranty is made that any indicative performance or return indicated will be achieved in the future.

Structured products do not constitute participations in collective investment schemes and thus do not require the authorisation of the Swiss Financial Market Supervisory Authority (FINMA). Investors are thus not eligible for the specific investor protection provided under the Federal Act on Collective Investment Schemes (CISA). Structured products are complex and involve a high degree of risk. The investment instruments' retention of value is dependent not only on the development of the value of the underlying asset, but also on the creditworthiness of the issuer (credit risk), which may change over the term of the product. The terms of any investment will be exclusively subject to the detailed provisions, including risk considerations, contained in the relevant product documentation. Such product documentation may be available upon request from MBC (e-mail: info@maerki-baumann.ch; phone: +41 44 286 25 25) or from the issuer(s) of the structured products.

Certain services and products are subject to legal provisions and cannot be offered worldwide on an unrestricted basis. In particular, the information displayed on the MBC website and all materials, documents and information used therein are not intended for use in and/or distribution to the United States or for use by or distribution to US persons. This also applies to Japan, the United Kingdom, Guernsey, the European Economic Area or jurisdictions where their distribution by MBC would be restricted. MBC specifically prohibits the redistribution of this information on the MBC website in whole or in part without the written permission of MBC and MBC accepts no liability whatsoever for the actions of third parties in this respect. Neither MBC nor any of its directors, officers, employees or agents accepts any liability for any loss or damage arising out of the use of all or any part of the information displayed on the MBC website. The source of all information is MBC unless otherwise stated. MBC makes no representation or warranty relating to any information herein that is derived from independent sources.

The structured products and/or financial instruments of MBC have not been and will not be registered in any jurisdiction outside Switzerland. The structured products and/or financial instruments of MBC may not be offered, sold or delivered and no solicitation to purchase such structured products and/or financial instruments may be made within the United States or to US persons in the absence of an applicable exemption from the registration requirements under United States securities law or within any other jurisdiction or in a manner where such an offer, sale, delivery or solicitation might not be in compliance with regulatory requirements.