DISCLAMER

Whilst Eightrock Capital Management Inc. Pte Ltd ("EightRock" / "8RCM" / "The Firm") has taken care to ensure that the content and information herein are accurate at the time of writing, the Firm does not warrant that the content and information will be error-free or will meet any particular criteria of accuracy, completeness, reliability, performance or quality and expressly disclaim all such implied warranties.

The Firm and its shareholders, directors, officers or employees are not liable for any damages whatsoever relating to your use of the information made available herein. This includes without limitation any direct, indirect, special, incidental, consequential or punitive damages howsoever arising and regardless of whether 8RCM were advised of the possibility of such loss or damage.

All opinions, estimates and findings contained herein may be changed at any time without notice. 8RCM or any of its related companies, partners or any individuals connected with the firm accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if 8RCM or its employees or any other person has been advised of the possibility thereof. 8RCM and no member of 8RCM can be held liable for the use of and reliance on these opinions, estimates and findings.

The information contained herein is not intended as advice. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services.

Should the information lead you to consider entering into any transaction in relation to a financial product you must take note of the following: there are intrinsic risks involved in transacting in any financial product; no guarantee is provided for the investment value in a product; any forecast based on hypothetical data are not guaranteed and are for illustrative purposes only; returns may vary as a result of their dependence on the performance of underlying assets and other variable market factors; past performances are not necessarily indicative of future performances; unless a financial needs analysis has been conducted to assess the appropriateness of the product, investment or structure to your unique particular circumstances, 8RCM cautions you that there may be limitations on the appropriateness of the information for your purposes and you should take particular care to consider the implications of entering into the transaction, either on your own or with the assistance of an investment professional. There may be various tax implications to consider when investing in the product and you must be aware of these implications before investing. 8RCM does not accept liability for the tax treatment by any court or by any authorities in any jurisdiction in relation to any transaction based on the information. It is strongly recommended that individual tax advice be sought before entering into any such transaction.

8RCM, its directors, officers, employees and associates may have long or short positions in currencies or securities or related investments, and may add to, dispose of or effect transactions in such currencies, securities or investments for their own account and may perform or seek to perform investment or banking services in relation thereto.

The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

8RCM does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose.