Legal Information

UBS Deutschland AG is a joint stock company under German law and has its head office in Frankfurt. It is registered in the commercial register of Frankfurt Local Court (Amtsgericht Frankfurt) under the number HRB 58164 and is licensed by the Federal Supervisory Authority for Financial Services (Bundesanstalt für Finanzdienstleistungsaufsicht) to perform banking operations and financial services. The Management Board comprises Stephan Zimmermann (Chairman), Andreas Varnavides, Richard Breitenbücher, Dr. Martin Deckert, Stefan Winter.

The turnover tax ID number of UBS Deutschland AG, Frankfurt am Main (in accordance with Section 22 (1) of the Sixth Guideline 77/388/EWG from May 17, 1977 on the harmonisation of the legal provisions on turnover tax in the member states of the European Community) is DE 114 104 636.

© UBS Deutschland AG, Frankfurt am Main. All rights reserved.

UBS Deutschland AG constantly checks and updates the information on its Web pages. Despite this care and attention, the data can change in the meantime. It is therefore not possible to assume liability or give a warranty for the topicality, accuracy and completeness of the information provided. The same also applies to all of the other Web pages to which reference is made by means of a hyperlink. UBS Deutschland AG is not responsible for the content of the Web pages that are accessed by means of such a link.

Furthermore, UBS Deutschland AG reserves the right to make alterations or additions to the information provided at any time.

The content and structure of the UBS Germany Web pages are protected by copyright. The reproduction of information or data, particularly the use of texts, extracts from texts or pictorial material, shall requiere the prior consent of UBS Deutschland AG.

UBS Deutschland AG - Disclaimer of Warranty

No warranty
You shall acknowledge that all of the information made available to you on this Web site is provided merely for information purposes and is not binding. UBS Deutschland AG (hereinafter referred to as UBS) shall not be liable for the accuracy or completeness of the Web site and the information and opinions contained therein. The Web site shall be put at your disposal "in its actual condition" and "as available" without any kind of warranty. UBS does not guarantee that the Web site is available to you or will be accessible for you. All warranties, conditions or contractual provisions with regard to the quality or suitability of the Web site for a particular purpose must be set down explicitly either here or in an agreement concluded between you and UBS. The information and opinions contained in the Web site shall not constitute investment, legal, tax or other advice; neither do they offer the sole basis for investment or other decisions. In individual cases you should obtain professional advice before making an investment decision.

Copyright
The entire contents of the Web site are subject to copyright. All rights are reserved. You can download individual pages or sections of the Web site or print them out on paper, provided that you do not remove any references to copyright or the intellectual property. Downloading or copying the Web site does not bring about the transmission of ownership of the software or other material to you. You may not reproduce the Web site either in whole or in part, electronically or otherwise, neither may you change it, create links to it, publish it or use it for commercial purposes, unless UBS has given prior written approval.

Limitations on liability
UBS shall not be liable for loss or damage of any kind, including atypical, indirect or consequential loss or damage in so far as this loss or damage is incurred while visiting the Web site, using it or its services or in connection with the Web site. Liability shall be excluded even if explicit reference was made to the possibility of such loss or damage. Furthermore, UBS shall not be liable for failures of the encryption technology or the electronic transmission of information. The liability of UBS in the event of intent or gross negligence of UBS employees shall remain unaffected.

Links to other Web sites
By using particular links on the Web site, you can leave the Web site for other Web sites. UBS has not examined any of these Web sites and can therefore recommend neither the contents of such Web sites nor the products, services and other items that are offered via these Web sites, and shall assume no responsibility for any of the above.

Cookies
"Cookies" are contained in the application of the Web site. Although some cookies can enable the server to access information, e.g. the e-mail address of the user, UBS does not use any cookies to obtain personal information about customers.

Market data
UBS uses the Web site to provide the customer with market data ("market data") that UBS obtains either itself or through third parties ("market data vendors"). UBS can stop providing you with these market data at any time and without prior notification. The liability of both UBS and any other market data vendor for the accuracy or completeness of market data, for delays, interruption or cessation of the supply of market data or for losses or damage that are incurred in any way in connection with the market data, including any indirect, atypical or consequential loss or damage and lost profit, shall be excluded to the extent permitted by law.
All ownership rights, rights that flow from ownership and rights to the intellectual ownership of or in respect of market data shall be retained by UBS or the market data vendor in question. You will strictly observe all forwarding restrictions contained in such market data, especially but not limited to geographical restrictions.

Use of Secure Messaging Services
If offered to you, Secure Messaging Services shall be used by you only to post, send and receive messages or material that are related to the contractual relationship between you and UBS. You will not use the Secure Messaging Services for any private purpose or purpose that is unlawful. You may not use the Secure Messaging Services in any manner that could damage, disable or overburden the Secure Messaging Services or the operating system networks or interfere with any other party's use of the Secure Messaging Services.

Market and instrument information provided by Reuters and Lipper
Reuters Content is the intellectual property of Reuters Limited. Any copying, re-publication or re-distribution of Reuters Content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. Reuters, Reuters Dotted Logo and the Sphere Logo are trademarks and registered trademarks of the Reuters Group of companies around the world. For additional information on other Reuters Services please visit the Reuters public web site – www.reuters.com – Reuters reserves the right to alter these notices from time to time.

Lipper content is the intellectual property of Lipper Limited. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Lipper shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. LIPPER and Lipper Logo are trade marks and registered trade marks of Lipper Limited. For additional information on other Lipper services please visit the Lipper public website lipperURL, www.lipperweb.com . Lipper reserves the right to alter these notices from time to time.

Conditions of use
Please refer to the liability provisions and the terms & conditions in the Framework Agreement between yourselves and UBS for further details.