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Information and analytical services and materials are provided by Freedom Finance Europe Ltd as part of the services specified and are not an independent activity. The Company reserves the right to refuse service to persons not meeting the criteria for clients, or those subject to bans / restrictions on such services in accordance with the European Union laws. Restrictions may also be imposed by the internal procedures and controls of Freedom Finance Europe Ltd.

Freedom Finance Europe Ltd provides financial services in the European Union in accordance with license CIF 275/15 for all types of activities required by the company as granted by the Cyprus Securities and Exchange Commission (CySEC) on 20.05.2015. Disclaimer: Additional information is available upon request. Investing in securities and other financial instruments always involves the risk of capital loss. The client must personally acknowledge this, including by reading the Risk Disclosure Notice. Opinions and estimates represent our judgments as of the date hereof and are subject to change without notice. Fees, charges and other expenses may reduce the financial performance of your investment. Past returns do not guarantee future returns. This material is not intended to be an offer or solicitation to buy or sell any financial instrument. The opinions and recommendations provided herein do not consider any individual circumstances, goals or needs of the client and do not constitute an investment advisory service. Recipients of this report must make their own independent decisions in relation to any securities or financial instruments referred to herein. The information has been obtained from sources that Freedom Finance Europe Ltd believes to be reliable; its affiliates and/or subsidiaries (jointly referred to as Freedom Finance) do not guarantee completeness or accuracy of such information, save for disclosures related to Freedom Finance and/or its affiliates/agents and analyst's interactions with the issuer being the subject of research. All prices provided are indicative closing prices for the securities in question, unless otherwise specified.

This website may be accessed worldwide. However, none of the products and services referred to on this website are available to recipients residing in countries where the provision of such products and services would violate mandatory applicable legislation or regulations. It is the sole responsibility of any recipient employing or requesting a product or service to comply with all applicable legislation or regulation.

For the avoidance of doubt, all information on this website are not addressed to, or intended to be used by U.S. persons (as defined in Rule 902 of Regulation S promulgated under the U.S. Securities Act of 1933).

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Christaki Kranou 20, Freedom Tower, 5th Floor, Germasogeia, Limassol 4041 Cyprus

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