This is official.

This website and the provided contents are only designed for the personal, non-commercial use and are only addressed to the recipients that are entitled to be fed with the provided contents. This website is not directed to individuals or legal entities originating from such countries where the use and the provision of the contents of this website are prohibited; in particular, the contents provided on this website are not assigned for the USA. As far as individuals or legal entities are subject to a use restriction of this website, either due to their residency, country of foundations or domicile or to other reasons, the opening and the use of contents of this website is not permitted. Pinechip Capital GmbH requests to collect information about the existing use restrictions and to respect them accordingly.

The provided contents of this website only serve for general information purposes and do not represent neither recommendations for a transaction of public offer, nor request for placing an offer for purchase, sale or signing of financial instruments. They are no financial analyse neither. The use of this website including its provided contents does not constitute an individual consultancy relationship with Pinechip Capital GmbH, and Pinechip Capital GmbH does not act according to any custodian function regarding a possible investment of the user. This website neither considers special investing goals nor the financial situation or special requirements of the user. The contents of this website or rather the presented financial products can be considered as not appropriate or only partly appropriate according to the investing goals, investing horizon or individual financial status of the user. Investment decisions regarding the presented financial products should only be made based on respective sales documents and a previous personal consultation with an independent finance, investment or rather tax consultant, but not be based on this website.

As far as not utterly indicated differently, the design and contents of this website are owned by Pinechip Capital GmbH. The contents of this website have been created with highest diligence. With regards to precision, completeness, correctness or up-to-dateness of the contained information, Pinechip Capital GmbH does not give any confirmations, warranties or guarantees and does not assume any liability no matter from which legal foundation, for losses and damages of direct or indirect nature or secondary damages that could result from the opening of this website or the use of the provided contents. Pinechip Capital GmbH utterly reserves the right to completely or partly change or delete the contents of this website, or rather to temporary or finally cease the supply, without prior notice. Pinechip Capital GmbH does not assume any liability for the permanent and uninterruptible availability of this website, the manner of the display, or for the transmission of the contents of this website without failure and delays. The user bears with the costs and risks for the access to the world-wide-web (www), and for the access to this website. It is recommended to the user to take care for appropriate security provisions and virus scanner in order to avoid virus damage on his computer system. Damages on the technical equipment of the user or his computer system as well as for the loss of data that could be provoked by the use of this website, are the sole responsibility of the user.

As the data subject you have the right to assert your commensurate rights against us. Specifically, your rights include the following: • Pursuant to Art. 15 GDPR and S. 34 BDSG, you have the right to request information confirming whether or not and, if so, to what extent we are processing personal data concerning you. • Pursuant to Art. 16 GDPR, you have the right to require that we rectify inaccurate personal data concerning you. • Pursuant to Art. 17 GDPR and S. 35 BDSG, you have the right to require that we erase your personal data. • Pursuant to Art. 18 GDPR, you have the right to require that we restrict the processing of your personal data. • Pursuant to Art. 20 GDPR, you have the right to receive the personal data concerning you, which you have provided to us, in a structured, commonly used and machine-readable format and have the right to transmit such data to another controller.

Right to object Pursuant to Art. 21 GDPR, you have the right to object to any processing based on Art. 6 (1) (e) or (f) GDPR. Data protection officer You can contact our data protection officer using the following address: privacy@pinechip.capital Complaint with a supervisory authority If you consider that the processing of personal data relating to you infringes GDPR provisions, you have the right to lodge a complaint with a supervisory authority pursuant to Art.77 GDPR. Status: May 2018

Linkage to the website of Pinechip Capital GmbH can only be made after prior written approval of Pinechip Capital GmbH. The same also applies to the presentation and integration of contents of this website into websites of third parties. This website may content links to websites of third parties (“external links”). External links are provided for information and are not to be understood as recommendation of such websites or their provided contents. External links are subject to the influence and liability of their corresponding operator with regard to contents. Prior to the first link to the external links, Pinechip Capital GmbH has controlled the foreign contents to possible statutory violations; at this particular time no illegal content on the linked sites could be remarked. The permanent control of the external links without concrete evidence on statutory violations is not reasonable for Pinechip Capital GmbH. Upon knowledge of such statutory violations, suchlike external links will be deleted immediately.

Design and contents of this website are subject to the originator and trademark right, plus further not mentioned proprietary rights. None of the materials may be altered, redesigned, reproduced or copied in any manner, spread, used for public reproduction and for sale, or to create, publish or sell secondary works from the provided information of this website without the prior written approval of Pinechip Capital GmbH. Permitted is the production of an individual copy exclusively for the personal – not commercial – use by downloading to one individual computer (including the permanent or temporary storage on this computer, the display of the contents in offline-modus and the creation of a paper copy of parts of the content), but only under the condition that this website and the provided contents are not altered and all evidences on copyright and trademark or other here not mentioned property rights also on the produced copies are inserted, if related to extracts. All further actions, including the use of trademark and logos, require the prior written approval of Pinechip Capital GmbH.

Shall one of these conditions and evidences become ineffective, illegal or impracticable - irrespective of the reason – all other clauses remain effective. Applicable law for aforementioned terms and conditions is the law of the Federal Republic of Germany.