Regulatory Disclosure

Nothing on this Site constitutes investment, legal or tax advice and Financière does not advise on the tax consequences of any investment

Disclosures

No Offers or Reliance

The information on this Site is for informational purposes only. No material on this Site shall be used or considered as an offer to sell or a solicitation of any offer to buy the securities or services of Financière or any other issuer. Offers can only be made where lawful under, and in compliance with, applicable law. The information contained in this Site has been prepared without reference to any particular user’s investment requirements or financial situation. Decisions based on information contained on the Site are the sole responsibility of the visitor.

The information and services provided on this Site are not provided to and may not be used by any person or entity in any jurisdiction where the provision or use thereof would be contrary to applicable laws, rules or regulations of any governmental authority or regulatory or self-regulatory organization or clearing organization or where Financière is not authorized to provide such information or services. Financière makes no representations that transactions, products or services discussed on this Site are available or appropriate for sale or use in all jurisdictions or by all clients. Those who access this Site do so at their own initiative and are responsible for compliance with local laws or regulations. While Financière uses reasonable efforts to obtain information from reliable sources, Financière makes no representations or warranties as to the accuracy, reliability or completeness of any information or document at this Site obtained outside of Financière. Opinions and any other contents at this Site are subject to change without notice.

Financière is not utilizing this Site to provide investment or other advice, and no information or material at this Site is to be deemed a recommendation to buy or sell any securities or is to be relied upon for the purpose of making or communicating investment or other decisions. Any transactions listed on this Site are included as representative transactions and are not necessarily reflective of overall performance.

Past Performance

Past performance is not indicative of future results; no representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.

Equal Employment

Financière is committed to the principles of equal employment opportunity and does not discriminate against any employee or applicant for employment because of race, color, religion, gender, national origin, veteran status, disability, age, citizenship, marital status, sexual orientation or because of any other criteria prohibited under controlling federal, state or local law.

Jurisdictional Issues

Unless otherwise specified, the materials in or accessible through the Site are directed at residents of the United Kingdom, its territories, possessions and protectorates. The Site is controlled and operated by Financière from its offices within United Kingdom. Financière makes no representations that materials in or accessible through the Site are appropriate or available for use in other locations or that access to them where their content is located is not illegal and prohibited. Those who choose to access the Site from other locations do so on their own initiative and are responsible for establishing the legality, usability and correctness of any information or materials under any or all jurisdictions and the compliance of that information or material with local laws, if and to the extent local laws are applicable. You may not use or export the information or materials in violation of U.K. export laws and regulations. The information provided in or accessible through the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country were such distribution or use would be contrary to law or regulation or which would subject Financière to any registration or other requirement within such jurisdiction or country. Financière reserves the right to limit access to the Site to any person, geographic region or jurisdiction.

Governing Law and Consent to Jurisdiction

These terms and your use of the Site shall be governed by the laws of the United Kingdom without regard to its conflicts of laws principles. Any legal action or proceeding related to this Site shall be brought exclusively in a federal or state court of competent jurisdiction sitting in New York.

Regulatory Matters

Financière provides investment banking services in the United Kingdom. Financière not a retail broker-dealer, and does not solicit or carry accounts for, or offer or sell securities products to retail customers.

Disclosure Statement for United Kingdom Users

Financière is represented in the United Kingdom by Financière (UK). The information contained on this site has been approved for issue in the United Kingdom by Financière.

This Site is provided for informational purposes only and is not directed at, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any jurisdiction (including the UK) where such distribution, publication, availability or use would be contrary to applicable law or regulation which would subject Financière or its affiliates to any registration or licensing requirements with such jurisdiction.

If, for any reason, you feel you have a complaint, please contact our Chief Compliance Officer immediately.

Arbitration

By using the Site, you agree that Financière, at its sole discretion, may require you to submit any disputes arising from the use of the Site, related services or these Terms and Conditions of Use concerning or, including disputes arising from or concerning their interpretation, violation, nullity, invalidity, non-performance or termination, as well as disputes about filling gaps in this contract or its adaptation to newly arisen circumstances, to final and binding arbitration under the International Rules of Arbitration, by one or more arbitrators appointed in accordance with the said rules. Notwithstanding these rules, however, such proceeding shall be governed by the laws of the state as set forth in the previous section.

Business Continuity Plan

Financière (“Financière”) has developed a Business Continuity Plan (“BCP”) to manage and mitigate the impact of events that have the potential to significantly disrupt business. Since the timing and impact of disasters and disruptions is unpredictable, we will have to be flexible in responding to actual events as they transpire. The BCP is designed to enable us to recover and return to business operations as quickly as possible.

In the event of a significant business disruption, we will assess which means of communication are still available to us and communicate accordingly with clients, where necessary.

We believe that we have implemented reasonable measures to quickly resume business operations after a significant business disruption and safeguard our employees, property, and books and records. The BCP addresses data backup and recovery; all mission critical systems; financial and operational assessments; alternative communications with customers, employees, and regulators; alternate physical location of employees; critical supplier, bank, and counter-party impact; and regulatory reporting.

Significant business disruptions can vary in their scope, such as affecting only our firm, a single building housing our firm, the business district where our firm is located, the city where we are located, or the whole region. Within each of these areas, the severity of the disruption can also vary from minimal to severe. We plan to mitigate the impact of a disruption through a combination of data redundancy, secondary location, and remote computing. However, in the event of a business disruption, Financière cannot guarantee that it will be able to continue or resume business operations within any specified period of time.

A copy of the BCP is available upon request by writing to Financière.