Before
Potential investors are invited to read this Information Memorandum (as defined below) and in particular the Terms and Conditions and the selling restrictions, prior to investing. Nevertheless, a decision to invest in the Certificates of Deposit should not be made on the sole basis of this Information Memorandum and should only be made (by the potential investor) after a careful analysis of all the features and risks of the Certificates of Deposit (including the ones relating to the Issuer), by taking into account its own financial, accounting and tax situation (and the possible related impacts of purchasing the Certificates of Deposit) and its own objectives, experience, financial and operational resources and other relevant circumstances and after having obtained all necessary information and advice from professional advisers (including legal, accounting and tax advisers) as the potential investor deems necessary. The potential investor should conduct its own analysis, using such assumptions as it deems appropriate and perform all the checks it deems necessary and should fully consider other available information, including any risk factor, in order to make an informed assessment of the Certificates of Deposit and of the Issuer and to make an independent determination of the suitability, risks and consequences of such instrument for the potential investor.
