HK Disclosures

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Hong Kong Client Report Disclaimers

This general information or data in this report has been prepared and furnished by BTIG Hong Kong Limited (“BTIGHK”) (SFC CE: AQO116, Trading Participant of Stock Exchange of HongKong) for its Professional Investor (“PI”) [1] clients only. This report is not intended as an offer or solicitation for the purchase or sale of any financial product. Retail clients must not rely on this document and should note the services of BTIGHK are not available to them.

This report was prepared as a private and confidential communication to clients and was not intended for public circulation or publication or for the use of any third party, and may not be copied, reproduced, distributed, published or pass on, in whole or in part at any time whatsoever.

The data provided in this report is for informational purpose only, and does not believe that it is sufficient to base an investment decision on. Its accuracy and completeness cannot be guaranteed. Data are not necessarily audited or independently verified. BTIGHK has no obligation to provide revised assessments in the event of changed circumstances. Not all clients may receive the above material at the same time. BTIGHK, its directors and employees do not accept any liability for the results of any actions taken or not taken on the basis of information or data in this report, or for any negligent misstatements, errors or omissions. Any responsibility or liability is expressly disclaimed.

BTIGHK, its affiliated companies, director or employees disclose that they and persons associated with them may have an interest in the financial products discussed and that they may receive brokerage, commissions, fees and other benefits and advantages, whether pecuniary or not and whether direct or indirect, in connection with this material.

Past performance is not a reliable indication of future performance. Future returns are not guaranteed and loss of initial capital may occur as prices and value of investments may go down as well as up and be subject to foreign exchange rate fluctuations.

The distribution of the information in jurisdiction outside Hong Kong may be restricted by law and person into whose possession the information come should inform themselves about, and observe, any such restrictions. Any failure to comply with these restrictions may constitute a violation of the laws of an applicable jurisdiction.

This report is current as of the date of the transaction and subject to change without notice.

1 As defined under SFO (Cap. 571).