Disclaimers

This website (the “Website”) is produced by BNP Paribas (“BNPP”). Access to the Website and documents and information published herein (the “Materials”), and the distribution thereof, is subject to the following disclaimer.

The US Stocks ELIs described in the Website and the Materials are only directed at and intended for residents of Hong Kong. It may be illegal to download any information from the Website in other countries and BNPP disclaims all responsibility if you download any information from the Website in breach of any law of country in which you are residing. The Materials in this website must not be relied, or acted, upon by persons outside Hong Kong. By entering this Website, you confirm that you are a resident of Hong Kong and agree to be bound by the following disclaimer.

Persons accessing this Website and/or into whose possession any information contained herein should inform themselves about, and observe and comply with, any such restrictions at their own cost and expense and without liability to BNPP. Reproduction, distribution, transmission, disclosure or publication of any information contained herein in any other places or to persons to whom such distribution, transmission, disclosure or publication is not permitted under the applicable laws or regulations of such places is strictly prohibited. In particular, information contained herein may not be taken or transmitted into the United States or distributed, directly or indirectly, in the United States or to any U.S. person (as defined in Regulation S under the U.S. Securities Act of 1933). Users of this Website should note that, in order to comply with the applicable laws and regulations, contents of the Website are designed for residents of Hong Kong only and you should not access, browse and/or download any of the contents contained in the Website outside of Hong Kong.

The Materials contained in this Website are provided for information and discussion purposes only and do not constitute or form an (or any part of an) offer, invitation, solicitation, inducement, advice or recommendation, to acquire, dispose of, subscribe for or underwrite any US Stocks ELI. The Materials do not constitute any advice or any form of recommendation to purchase or sell the US Stocks ELIs or to conclude any transaction. Nothing contained herein shall form the basis of any contract or commitment whatsoever. Neither this Website nor the Materials shall be construed as an advertisement, inducement or representation of any kind or form whatsoever.

The Materials have been prepared for the intended recipients in general only and do not take into account the particular needs of any specific recipient.

The Materials contained in this Website are intended for an individual (and not an organization) accessing the Website in a personal capacity and not as an investment advisor or as a trader to the public for the investment of corporate funds (whether or not you have at some time been qualified to do so), and who is not using the Materials to fulfil administrative, sales or support functions as an employee of any bank, brokerage or financial institution. By entering this Website, you confirm that you are accessing the Website in the aforementioned personal capacity.

The Materials are provided by an external data provider, Refinitiv, for reference only. They will not cover information dated more than 90 days prior to the date of search, and may not be available on a real time basis. The translated content is provided by a 3rd party information provider using their translation software. BNP Paribas makes no warranty as to the accuracy, reliability or correctness of any translations and accepts no liability in relation thereto. BNPP has not verified the Materials, and such Materials may be incomplete or inaccurate. Information contained in the Materials may be changed or withdrawn without notice. BNPP is not under any obligation to update or supplement the Materials. None of the members of the BNP Paribas Group and/or its associates and connected persons and/or its affiliates, respective directors, senior officers and/or employees (including persons involved in the preparation or issuance of the Materials on this Website) (collectively, the "BNPP Group") or any information provider makes any representation or warranty, express or implied, of any kind as to the truth, accuracy, completeness, adequacy or reasonableness of the Materials or as to the fitness of any such Materials for any purpose. The Materials contained in this Website are published for reference only and shall not to be relied, or acted, upon as authoritative or without the recipient's own independent verification or in substitution for the exercise of judgment by any recipient.

No guarantee is given in respect of the accuracy, reasonableness or completeness of any indicative pricing levels, disclosure materials, valuations and other analysis published on the Website. No representation or warranty is made that any indicative return or performance will be achieved in the future. Such information do not constitute investment advice by BNPP and are for information purposes only.

The availability of the Materials may be interrupted or suspended due to the external data provider’s technical and systematic failures or internet traffic, in which case the availability of such Materials may be delayed or suspended. In addition, you should note that the Website may be interrupted or suspended due to our technical and systematic failures or internet traffic, in which case you may not be able to have access to such Materials.

The US Stocks ELIs are not capital protected and are non-collateralised products. If the Issuer is insolvent or defaults, you could lose all of your investments. If you invest in the US Stocks ELIs, you are relying on the creditworthiness of the Issuer.

Any opinions, forecasts or estimates herein constitute a judgment as of the date the information is published, and there can be no assurance that future results or events will be consistent with any such opinions, forecasts or estimates. You are cautioned that actual results may differ materially from those set forth in any forward-looking statements. Past performance is also not indicative of future results.

Prospective investors should therefore ensure that they understand the nature and risks of the US Stocks ELIs and should, where applicable, consult their own legal, tax, accounting, financial and other professional advisers to ensure that any decision to invest in the US Stocks ELIs is suitable with regard to such investor’s specific circumstances and financial position. The BNPP Group assumes no fiduciary responsibility or liability for any consequences, financial or otherwise, arising from the subscription or purchase of the US Stocks ELIs.

In respect of each issue of the US Stocks ELIs, you should carefully review and understand the terms and conditions of the US Stocks ELIs, together with the financial and other information of the issuer, as set out in the offering documents (including the programme memorandum, financial disclosure document, relevant product booklet(s), relevant indicative term sheet(s) and any amendment and/or supplement thereto), which documents may be obtained from your distributor(s) and/or from our offices at 60th - 63rd Floors, Two International Finance Centre, 8 Finance Street, Central, Hong Kong.

Potential and actual conflicts of interest may arise from the different roles played by BNPP and its subsidiaries and affiliates in connection with the US Stocks ELIs. The BNPP Group is or may also be involved in financial, investment and professional activities which may on occasion give rise to interests or a conflict of interests in respect of the securities which are the subject of this Website. Our economic interests in each role may be adverse to your interests in the US Stocks ELIs.

The BNPP Group does not accept any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this Website or its contents or otherwise arising in connection therewith. Without prejudice to the generality of the foregoing, none of the members of the BNPP Group or any information provider will be liable to anyone for any interruption, inaccuracy, error or omission, regardless of cause, in the information on the Website or for any kind of damages arising in connection therewith. Further, communications over the internet and by email are not secure and there is a risk that information may be intercepted, lost or destroyed. The BNPP Group do not accept any liability for any such occurrence and do not warrant that any communication or attachments or this Website will be free from viruses, worms or other harmful components.

Any personal information supplied by you through this Website will be kept strictly confidential and, save as expressly provided, will only be used in ways which you have consented to. By accessing this Website, you are deemed to consent to BNPP’s use of information collected from you for marketing purposes, planning, product development and research purposes. BNPP may provide such information to third party service providers for marketing purposes, product development and research (whether inside or outside Hong Kong). Save as herein provided, BNPP will not disclose this information to any third party unless such disclosure is required or authorised by law. Please read BNPP’s privacy policy statement to understand how your personal information will be treated when you use this site.

Except where expressly stated, copyright in the information contained in this Website is owned by or licensed to the BNPP Group. The information may not otherwise be reproduced and must not be distributed or transmitted to any other person or incorporated in any way into another site, document or other material. The use of any trademarks and logos displayed on this site is strictly prohibited unless written permission for such use is obtained from BNP Paribas and/or, where relevant, such third party, which may own the trademarks and logos.

This Website may contain links to other web sites operated by entities which do not belong to the BNPP Group. These links have been provided solely for you to obtain further information about the reference stock(s) or underlying company(ies) of the US Stocks ELIs. Members of the BNPP Group have no control over the information on these sites or the products or services on them, and therefore make no representations and accepts no responsibility regarding their contents. Inclusion of a link to a third party site should not be construed as an endorsement of such third party site by BNPP or that party's endorsement of this Website. You are advised to make your own enquiries in relation to third parties described or linked on this Website. Please note that you will be subject to the terms of use of the other sites that you visit.

BNPP reserves the right to change the Website in whole or in part at any time and to restrict, interrupt or terminate its service. BNPP also reserves the right to modify or amend these terms and conditions at any time. If any provision hereunder (or a part thereof) is or becomes illegal, invalid or unenforceable in any respect under any applicable law, the validity, legality and enforceability of the remaining provisions shall not in any way be impaired or affected.

These terms and conditions are exclusively governed by and shall be construed in accordance with the laws of Hong Kong. Each user is subject to the exclusive jurisdiction of the courts of Hong Kong in respect of any disputes arising hereunder.

The English version of these terms and conditions shall prevail to the extent of any inconsistency between the English and Chinese versions.