Global Evolution Fondsmæglerselskab A/S (‘Global Evolution’) has published marketing material primarily for the use of qualified investors and their consultants with the aim of informing on Global Evolution and Global Evolution’s products and services. Marketing material means any information in writing on any kind of medium deriving both directly and indirectly from Global Evolution.

The marketing material shall only be regarded as being general information on Global Evolution and Global Evolution’s products and services. The marketing material is thus a general service and information primarily to qualified investors and their consultants and shall not be regarded as being of consultative character. The marketing material cannot replace actual investment advice and/or general counselling on Global Evolution and Global Evolution’s products and services. Global Evolution requests any person which may have an interest in Global Evolution’s products and/or services to seek individual counseling. The marketing material cannot be invoked as basis for a decision on purchase or sale (or failure thereof) of securities, including Global Evolution’s products and/or services and Global Evolution undertakes no responsibility for decisions or transactions decided or undertaken on the basis of the marketing material. This means that Global Evolution cannot be made liable in damages for consequential losses. The marketing material does not constitute or include an invitation to tender for purchase or sale, an offer to purchase or sale or an invitation to keep securities already acquired.

Global Evolution aims to keep the information in the marketing material as correct, adequate, available and updated as possible, however Global Evolution undertakes no responsibility for this. This means that Global Evolution cannot be made liable for damages for subsequent losses. Information deriving from Global Evolution as primary source, including, but not limited to, declarations, opinions, data, preconditions and the like shall only be valid at the time when these are made. All information can be changed without notice, including among others if Global Evolution learns that the marketing material is incorrect. Global Evolution undertakes no responsibility for the information being free from errors etc. This means that Global Evolution cannot be made liable for damages for subsequent losses.

Global Evolution does not guarantee the correctness of information deriving from third party/other sources, including information explicitly mentioned in Global Evolution’s own marketing material or which Global Evolution may refer to in the marketing material. Distribution of the marketing material may be subject to certain restrictions in some countries. The marketing material is not prepared for the purpose of redistribution for which reason persons obtaining possession of this are obliged to check and observe such restrictions independently. Information in the marketing material is not an offer or an invitation to tender in any jurisdiction in which such an offer or such an invitation to tender is not allowed or to persons in relation to which such an offer or such an invitation to tender is not allowed.

This material may contain Index data from J.P. Morgan or data derived from such Index data. Index data information has been obtained from sources believed to be reliable but J.P. Morgan does not warrant its completeness or accuracy. The Index is used with permission. The Index may not be copied, used, or distributed without J.P. Morgan's prior written approval. Copyright 2017, J.P. Morgan Chase & Co. All rights reserved.

Persons having acquired the marketing material from a third party can not on the basis of the marketing material assert a claim or the like against Global Evolution. Additional information on Global Evolution and Global Evolution’s products and services are available through current prospectuses and the latest published annual report and interim report.. All rights to the available data prepared by Global Evolution and the intangible rights attached to the marketing material belong to Global Evolution and any kind of commercial redistribution or reproduction is prohibited without prior written consent. The marketing material and use of this is governed by [Danish] legislation without regard to Danish rules on governing law and venue. Any dispute arising thereof shall be tried by a Danish court.

Global Evolution register personal data information in connection with persons requests on receiving marketing material or in connection with investors’ registering on Global Evolution’s home page www.globalevolution.com. The registration will comply with the privacy policy that can be found on Global Evolution’s home page www.globalevolution.com. Global Evolution undertakes no responsibility for losses that arises from the registration, regardless of the background of the loss. This means that Global Evolution cannot be made liable in damages for consequential losses.