Disclaimers
Santander US Capital Markets LLC disclaimer for European based clients
This event is organized in the US by Santander US Capital Markets LLC (“SanCap”), the US registered broker dealer of Santander Corporate & Investment Banking.
This event has been organized for general informational purposes only and any presentation given by employees of Banco Santander S.A., or its affiliates (“Santander”) as well as any opinions and information expressed by the employees of Santander during the event DO NOT AND ARE NOT INTENDED TO CONSTITUTE RESEARCH (“Research”) as defined in Directive 2014/65/EU of the European Parliament and the Council Directive 2014/65/EU of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments and amending Directive 2002/92/EC and Directive 2011/61/EU (“MiFID II”). Any opinion expressed or information used in any presentation at this event deemed to contain Research, is intended for firms either: (i) in scope of the MiFID II unbundling rules and who have agreed in writing to receive Research from Santander, or (ii) out of scope of the MiFID II unbundling rules and therefore not required to pay to receive such Research pursuant to MiFID II. Please note that it is your firm’s responsibility to ensure that you do not view, use, quote or refer to in any way whatsoever any Research content in this presentation without Santander’s express consent. This event and the presentation do not constitute, and may not be relied on in any manner as, legal, tax, investment, accounting, regulatory, financial or other advice on, about or in relation to the financial markets, nor does it constitute or form part of, and should not be construed as, any offer to sell or issue or invitation to purchase or subscribe for, or any solicitation of any offer to purchase or subscribe for, or otherwise acquire, any securities of any company, nor shall it or any part of it form the basis of, or be relied upon in connection with, any contract or investment decision. Santander does not provide legal, regulatory, investment or financial advice and, in all cases, advises that each firm conducts its own investigation and analysis of the information and/or opinions expressed at this event and should consult their own professional advisers. Any information and/or opinion expressed at this event (i) is not intended to constitute investment advice or based upon a consideration of any particular investment objectives, financial situation or needs of individual clients (ii) does not purport to be comprehensive and (iii) has not been independently verified. Any information which is shared has been obtained from, or is based on, sources believed to be reliable, but no representation or warranty, express or implied, is made that such information, assumptions, performance data, modelling or scenario analysis is accurate, complete or up-to-date and it should not be relied upon as such. To the fullest extent permitted by law, neither Santander nor any Santander group company accepts any liability and/or responsibility whatsoever (including in negligence) for any direct, indirect or consequential loss or damage arising from any use of or reliance on anything referred to or omitted from the material and/or information used at this event or in the presentation. In addition, Santander does not state or guarantee in any manner whatsoever the accuracy, adequacy or comprehensiveness of any such information and expressly waives any responsibility arising from any lack of accuracy, comprehensiveness and adequacy of any of any estimates, opinions, conclusions or information so expressed.
Please click here (https://www.santandercib.com/scib-pro-pr-digitalch... for our Investment Recommendations Disclosure
Santander US Capital Markets LLC disclaimer for US based clients
This event is organized in the US by Santander US Capital Markets LLC (“SanCap”), the US registered broker dealer of Santander Corporate & Investment Banking (“Santander CIB” or “Santander”). Information relating to this conference is being distributed by Santander CIB, has been provided for informational purposes only and is not a recommendation, offer or solicitation for the purchase or sale of any security or related instrument. This conference is intended for the recipient of this email only. The recipient is an institutional investor that (i) is capable of evaluating investment risks independently, both in general and with regard to particular transactions and investment strategies and (ii) will exercise independent judgment in evaluating any potential investments and any recommendations. For the avoidance of doubt, this discussion is not suitable for or intended for retail investors. Any communications in this conference are intended to be short term and brief in nature, and therefore do not provide a full analysis of any issuer or security or a sufficient basis upon which to base an investment decision. The individual circumstances of the recipient’s investment objectives and needs have not been considered in this commentary, and nothing in this commentary constitutes investment, legal, accounting or tax advice or a representation that any investment strategy or service is suitable or appropriate to the recipient’s individual circumstances. The recipient should not rely on this discussion for any investment decision or other action, and Santander expressly disclaims any liability for any losses arising from any reliance on or otherwise related to this discussion. This discussion reflects the personal views of the individual speakers. This commentary is provided as of the date and time thereof, and Santander does not undertake any responsibility to update or revise any of the information contained herein, which may change without notice. This conference may not be reproduced (in whole or in part) or delivered or transmitted to any other person without the prior written consent of Santander.
