Terms and Conditions of Use of Website / Disclaimer

Introduction

By accessing this website you agree to be legally bound by these terms and conditions of use and this disclaimer (Terms and Conditions).

If you do not agree to these Terms and Conditions, do not proceed to further pages of this website and do log off from this website.

This website and the information and functionality contained in this website are not directed at or intended for use by any person resident or located in any jurisdiction where (1) the distribution of such information or functionality is not allowed pursuant to the laws of such jurisdiction or (2) such distribution is prohibited without obtaining the necessary licenses or authorizations by Skënderbeg Alternative Investments AG or by one of its branches, subsidiaries or affiliate companies and offices and such licenses or authorizations have not been obtained.

Services and Products

Products and services displayed on this website may not be eligible for sale or available to residents of certain countries or certain categories of investors. It is your responsibility as the user of this website to ascertain whether you are allowed to access this website. Please consult with your professional advisers for further information.

Any materials available on this website have no regard to the specific investment objectives, financial situation or particular needs of any specific user or recipient of such content. Any information and/or reports available on the website are published for information purposes and are not to be construed as investment advice or a solicitation or an offer to buy or sell any securities or related financial instruments. Any and all price information is indicative only. No representation or warranty, either express or implied, is provided in relation to the accuracy, completeness or reliability of the materials and information displayed on the website, nor are they a complete and comprehensive analysis of the securities, markets, developments or trends referred to in the website. Any information and/or reports available on the website are not to be construed as tax advice. The materials should not be regarded by recipients as a substitute for the exercise of their own judgment and each user should obtain its own advice in relation to the information published on the website, including financial, legal and tax advice.

Any opinions expressed and any materials made available on the website are strictly as of the date of their publication, limited to the matters covered therein, and Skënderbeg Alternative Investments AG disclaims any undertaking to update any opinions or materials or otherwise advise you as to any changes of facts or assessments of facts that may hereinafter be brought to Skënderbeg Alternative Investments AG's attention.

Forward Looking Statements

This website contains forward-looking statements, including (without limitation) statements containing the words 'anticipates', 'believes', 'estimates', 'expects', 'intends', 'may', 'plans', 'projects', 'will', 'would' and similar words. All statements, other than statements of historical facts, contained on the website are forward-looking statements. These statements are based on Skënderbeg Alternative Investments AG's current expectations and projections about future events and involve substantial risks and uncertainties. Forward-looking statements are subject to inherent risks and uncertainties, most of which cannot be predicted or quantified. Future events and actual developments, including future returns associated to any investment strategies, could differ materially from those set forth in, contemplated by or underlying the forward-looking statements.

Factors that could cause actual developments and results, including the future returns associated to any investment strategies, to differ (materially) from such expectations include, but are not limited to, the following:

• Risks related to general economic conditions (including macro-/microeco nomic risks);
• Risks related to securities and other markets (commodities, real estate, etc.);
• Financial risks in general (including counterparty and country risks);
• Volatility of markets;
• Currency risks;
• Risks related to the illiquidity of certain securities;
• Tax, regulatory, accountancy and market intervention risks as imposed by competent authorities of any kind; and
• Risks related to the absence of sufficient financial and/or historical data and other operational risks.

The above is not an exhaustive list of the factors that could cause actual developments and results, including future returns associated to any investment strategies, to differ (materially) from the expectations set forth in such forward-looking statements and should be read together with the other cautionary statements included in this website (if any).

Skënderbeg Alternative Investments AG is under no obligation to (and expressly disclaims any such obligation to) publicly update, revise or adjust its forward-looking statements whether as a result of new information, future events and market developments, or otherwise.

There is no guarantee of positive future performance in relation to any of the Products and services displayed on this website. Past, pro-forma or expected performance is no indication or guarantee for future results.

No Warranty

The information and materials contained on this website are provided on an 'as is' and 'as available' basis. Skënderbeg Alternative Investments AG makes no representations or warranties of any kind, either express or implied, with respect to the information and functionality contained in this website, including but not limited to warranties of title, non-infringement, merchantability or fitness for a particular purpose. Without limiting the foregoing, Skënderbeg Alternative Investments AG does not represent and warrant the accuracy, timeliness, completeness, reliability or availability of the website or the information or results obtained from the use of the website, or that the website is virus-free or error-free.

No Liability

To the fullest extent permitted by law, in no event shall Skënderbeg Alternative Investments AG or any of its directors, officers, employees or agents have any liability whatsoever to any person for any direct or indirect loss, liability, cost, claim, expense or damage of any kind, whether in contract or in tort, including any negligence, or otherwise, arising out of or related to the use of all or part of the website.

Links

The website may contain third party content or links to third party websites. Such content and links are provided solely for your convenience and information. Skënderbeg Alternative Investments AG does not control, does not assume any responsibility for and does not make any warranties or representations as to, any third party content or websites, including but not limited to, the accuracy, subject matter, quality or timeliness. Skënderbeg Alternative Investments AG or any of its directors, employees or agents shall not be liable for third party content or websites or websites linking to or framing Skënderbeg Alternative Investments AG 's website.

Intellectual Property Rights

The content and layout of the website are protected by copyright (all rights reserved) and other intellectual property rights, held by Skënderbeg Alternative Investments AG and the information providers from whom Skënderbeg Alternative Investments AG receives information displayed on the website.

Any information provided on the website may only be downloaded, printed or otherwise reproduced for non-commercial and personal purposes (personal use only). In any such event, the copyright notes and other statutory proprietary designations shall be retained.

It is forbidden to set up links, such as hyperlinks or inline links, to this website, without Skënderbeg Alternative Investments AG's prior written approval. Furthermore, it is forbidden to frame the website or to access it through inline links or through a frame, without Skënderbeg Alternative Investments AG's prior written approval.

The reproduction in whole or in part, the transmission by electronic or any other means and any modification or use of this website for public or commercial purposes without Skënderbeg Alternative Investments AG's prior written approval are strictly prohibited.

Internet is a Universal Medium

Internet is a universal medium and information and e-mail messages sent over the Internet are neither confidential nor secure. E-mail messages and information may circulate across national borders, even if the sender and the recipient are located in the same country.

In particular, the user acknowledges the following risks inherent to such electronic communication, including:

- Limited confidentiality: e-mails and attachments thereto or any other information made accessible by electronic means may be susceptible without significant efforts to (systematic) interception by third parties and authorities;

- Manipulation: the content and mail address of the sender of such communication and any attachments thereto may be susceptible to manipulation and unauthorized amendment by a third party or to (permanent or temporary) delays in the transmission of the respective communication;

- Transmission failures: technical malfunctions may lead to amendments, deliveries to recipients other than the intended addressee, delays, or the deletion of such a communication or its attachments;

- Lack of integrity: the recipient of such message or the user of this website may not be able to verify in a timely manner whether the sender of such a communication or the provider of the information is authentic and whether the content of such a communication or information is not manipulated;

- Data corruption by viruses: viruses, trojan horses, worms, etc. may be transmitted by electronic communication and may cause significant damage to computer systems of the recipients.

In particular, Skënderbeg Alternative Investments AG does not represent or warrant that:

- Electronic messages from it or unsecured electronic communication addressed to the user of this website will be received by the intended recipient without unauthorised change on time;

- An electronic communication indicating Skënderbeg Alternative Investments AG or any of its directors, officers, employees, agents, subsidiaries or affiliates as the sender has indeed been sent by Skënderbeg Alternative Investments AG or any of its directors, officers, employees, agents, subsidiaries or affiliates; and

- An electronic communication to Skënderbeg Alternative Investments AG will be read and processed on time.

Skënderbeg Alternative Investments AG does not accept any orders or instructions sent by e-mail or any other electronic messaging system (such as an instant messaging system). Consequently, Skënderbeg Alternative Investments AG, its directors, officers, employees and agents shall not be liable to you or anybody else for any damages incurred in connection with any messages sent to Skënderbeg Alternative Investments AG via ordinary e-mail or any other electronic messaging system.

Skënderbeg Alternative Investments AG reserves the right at any time to reject the receipt or processing of electronic communication, or make its receipt or processing dependent on the fulfilment of certain conditions. Skënderbeg Alternative Investments AG, its directors, officers, employees and agents will not be liable and, to the extent legally permitted, exclude any liability for damages incurred by you or any other person or entity arising out of or in connection with the realization of any risk inherent to the use of unsecured electronic communication (including as a result of any delay of an electronic communication or any interruption of IT systems).

Severability Clause

To the extent that any provisions of these Terms and Conditions are found by any competent court or authority to be invalid, unlawful or unenforceable in a particular jurisdiction, that provision shall be deemed not to be part of these Terms and Conditions and such finding shall not affect the validity, lawfulness or enforceability of the remainder of these Terms and Conditions in that particular jurisdiction, nor shall it affect the validity, lawfulness or enforceability of the entire Terms and Conditions in any other jurisdiction.

Conflict with Additional Terms and/or Agreements

Certain web pages or parts of this website or other web pages may contain additional terms, conditions, disclosures and disclaimers (together 'Additional Terms and Conditions'). In the event of a conflict between these Terms and Conditions and the Additional Terms and Conditions, the Additional Terms and Conditions will prevail with respect to the respective web pages or areas they relate to.

The user and Skënderbeg Alternative Investments AG, its subsidiaries or affiliates may have entered into additional agreements in relation to certain services provided by Skënderbeg Alternative Investments AG, its subsidiaries or affiliates (together 'Additional Agreements'). In the event of a conflict between these Terms and Conditions and the Additional Agreements, the Additional Agreements will prevail.

Governing Law

These Terms and Conditions as well as the use of the website are exclusively governed by and construed in accordance with Swiss law.

Place of Jurisdiction

The sole place of jurisdiction for all disputes arising out of or in connection with the Terms and Conditions stipulated herein and/or the use of the website is Zurich, Switzerland.