E-Mail Disclaimer

This message and any attachment thereto are confidential and may be legally privileged or otherwise protected from disclosure. If you are not the intended recipient, you must not (i) read or copy this message or its attachments, (ii) use it for any purposes or (iii) disclose the contents or distribute it to any other person. Any such review, copying, use, disclosure, dissemination or distribution thereof or any action taken or omitted to be taken in reliance thereon is prohibited and may be illegal. If you are not the intended recipient, please delete this message and any attachments from your system together with all printouts. Please notify us immediately by reply email or telephone at +49 69 271 035 0.

Internet communications including e-mail messages and access and use of web sites cannot be guaranteed to be secure or error free as information can be intercepted, corrupted, lost or arrive late. Furthermore, while Arbaro Advisors has taken steps to control the spread of viruses on its systems, it cannot guarantee that this message and any attachments/files transmitted with it are virus free. No liability is accepted for any errors, omissions, interceptions, corrupted messages, lost communications or late delivery arising as a result of receiving this message via the Internet or for any virus that may be contained in it.

Incoming and outgoing e-mail communications may be monitored by Arbaro Advisors, as permitted by applicable law and regulations.

Thank you for your co-operation.

Arbaro Advisors GmbH

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