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Electronic messages and attachments and other communications (including voice recordings where applicable) made to and from Moore Europe may be retained, reviewed and monitored as permitted by applicable law. Electronic messages and attachments may contain computer viruses or other defects, may not be accurately replicated on other systems, or may be intercepted, deleted or interfered with without the knowledge of the sender or the intended recipient. Moore Europe makes no warranties in relation to such matters.

Moore Europe Capital Management, LLP and MECM, Limited are each investment management firms who buy and sell equities and other financial instruments. Please do not provide Moore Europe with any inside information or material non-public information. We may buy or sell financial instruments based on information you provide. We intend our securities and futures trading to remain unrestricted, and we do not agree to restrict our activities in any way. Please do not send us any information you are obliged to keep confidential, are not authorized to disclose to us, or are not authorized to have, whether any such restriction is imposed by law, agreement, government or company policy. This applies to information you obtain from any source. We are under no obligation to keep any information we receive from you confidential unless we sign a confidentiality agreement in advance. We ask that you provide us only information that fully complies with these requirements and restrictions and that does not constitute inside information or material non-public information.

Should Moore Europe send any economic research to you, please note the views expressed therein are not intended to be and should not be viewed as advice or as a recommendation and such material has been prepared for information purposes only. Additionally, any such information is not independent from the proprietary interests of Moore Europe, which may conflict with your interests. Any information may have been made available to others before being made available to you and it shall not be construed as, and does not form part of an offer, nor invitation to offer, nor a solicitation or recommendation to enter into any transaction or an offer to sell or a solicitation to buy any security or other financial instrument. No representation, warranty or assurance of any kind, express or implied, is made as to the accuracy or completeness of the information and Moore Europe and each of its respective affiliates disclaim all liability for any use you or any other party may make of the contents of any information. Information provided to you is current as of the indicated date and the contents of any such information are subject to change without notice. Moore Europe does not accept any obligation to any recipient to update or correct any such information. Moore Europe makes no representation and gives no advice in respect of any tax, legal or accounting matters in any applicable jurisdiction. You should make your own independent evaluation of the relevance and adequacy of any information and make such other investigations as you deem necessary, including obtaining independent financial advice, before participating in any transaction in respect of the securities referred in any information. The information is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to local law or regulation. The information is proprietary to Moore Europe and is being provided to selected recipients and may not be given (in whole or in part) or otherwise distributed to any other third party without the prior written consent of Moore Europe.

Moore Europe Capital Management, LLP is restricted under UK rules from using any dealing commission rebates or “soft dollars” to pay for meetings or other forms of corporate access. Moore Europe Capital Management, LLP will not make any payment in respect of any company meetings (either directly, or through dealing commission rebates or “soft dollars” held on its behalf by any third party unless it has been specifically agreed and then invoiced directly to Moore Europe Capital Management, LLP.

Moore Europe Capital Management, LLP – One Curzon Street, London W1J 5HA, is registered as a limited liability partnership in England and Wales (No: OC322533) with its registered office at 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX and is authorized by the Financial Conduct Authority.

MECM, Limited - One Curzon Street, London W1J 5HA, is registered as a private limited company in England and Wales (No: 03144922) with its registered office at 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.