Disclaimer

This document is a marketing communication of LUNIS Vermögensmanagement AG, Friedrichstraße 31, D-60323 Frankfurt am Main, which is for information purposes only and does not claim to be a complete presentation of the product features. It constitutes neither an offer nor a recommendation/invitation to buy or sell financial products and is no substitute for the indispensable advice and information about the risks involved provided by your personal advisor, which we expressly recommend to you before making any investment decision. If future performance is represented as part of this presentation, this and/or related recommendations are based, among other things, on forecasts of the future development of financial markets and corresponding simulations. These forecasts and simulations are in turn based above all on experience and specific performance data in the past. Therefore, we would like to point out expressly that historic performance data, forecast calculations and other simulations are no reliable indicator of future performance. Consequently, we cannot assume any guarantee for the occurrence of the forecast values of the model calculations. Insofar as indicative investment options or portfolio structures are included, the following applies: The indicative investment opportunities or portfolio structures presented in these documents and the model calculations they include are based on the information and data previously communicated to us in the financial advice discussion. We have not checked whether they are correct and complete. The investment opportunities/portfolio structures presented in this respect involve a representation that does not lay any claim to being suitable in every respect, but is rather intended to inform you of the general opportunities of an investment. In order to be able to submit a final investment recommendation that is specific to your personal circumstances, we require further information, especially on investment objectives, your risk tolerance, experience and knowledge of financial services and products and your financial circumstances. The products recommended in our planned measures are based on the respective current prices and conditions, which can, however, change daily. This also applies to the investment proposals and model portfolios included in our presentation, which can become irrelevant at short notice due to market events and are therefore transient in character. You can find a complete presentation of the characteristics of the products mentioned in this presentation and a complete presentation of the advantages and disadvantages associated with the respective products in the respective underlying securities prospectuses or term sheets. We would be pleased to supply you with these on request. These documents and indicative investment opportunities or portfolio structures they include were created based on the currently applicable (tax-) legislation. Consequently, the validity of the information is restricted to the time of the creation of this presentation. Legislative amendments, changes in the general economic conditions or other events can influence the future development in divergence from our presentations (especially regarding returns and taxes). Please discuss individual tax and/or legal questions if necessary with a member of tax and/or legal consulting professions. Although these documents were drawn up with great care, LUNIS Vermögensmanagement AG cannot assume any liability for the content being correct, complete or appropriate. This does not affect liability due to intent and gross negligence. Unless explicitly mentioned, all figures in this presentation have not been checked. This publication is only intended for investors in Germany.

LUNIS Vermögensmanagement AG, Friedrichstraße 31, D-60323 Frankfurt am Main