Notices & Avis

Stock market products pose a risk of loss of capital and have a leverage effect*, making them suitable solely for qualified investors. *Warrants, turbos, and leveraged/short and capped bonus certificates ARE INTENDED EXCLUSIVELY FOR QUALIFIED INVESTORS WITH THE NECESSARY EXPERIENCE AND EXPERTISE TO ASSESS THE ADVANTAGES AND RISKS. They exhibit a leverage effect which amplifies the price movements of the underlying instrument, which may be of advantage or detrimental to investors. By their nature, stock market products may, in particular, pose liquidity risks that could result in the partial or full loss of the initial investment. In addition, stock market products are exposed to the credit risk of UniCredit Bank. By acquiring these products, investors expose themselves to the risk of the Issuer defaulting or being put under resolution for insolvency. UniCredit Bank AG, Milan branch, (UniCredit Bank AG, Milan) is, in its capacity as a community bank, licensed by Banca d'Italia and subject to the regulations issued by the latter and by the Italian Securities and Exchange Commission (Consob) and the German Federal Financial Supervisory Authority (BaFin), in their respective capacities. UniCredit Bank AG, Milan, is not registered as a dealer under the United States Securities Exchange Act of 1933, as amended (“1933 Act”), and as defined in US law. In addition, UniCredit Bank AG, Milan, is not registered as a financial advisor under the United States Investment Advisers Act of 1940 (“1940 Act”), as amended, and the Securities Act of 1933 (1933 Act), jointly referred to as the Acts, and as defined in US law. As a result, and in the absence of a specific exemption under the Acts, all services provided by UniCredit Bank AG, Milan, in the capacity as a dealer or financial advisor - including but not limited to such activities in relation to the products and services described on this site - are not intended for “US Persons” as defined under the 1933 Act. The content of this site and copies of material published on it may not be distributed or made available in the United States or to US Persons. Consequently, the information and the data available on this site and in the marketing documents it contains (jointly referred to as “the Information”) are not, under any circumstances, intended for US Persons. The products and services described on this site are not available to all persons in all countries. Although anyone may access the site, consulting it could breach the applicable law in your jurisdiction. Consequently, readers of this message are subject to the laws of the jurisdiction from where they are accessing the site; they are responsible for their actions and should ensure that they are legally permitted to connect to this site from the country from which the connection is established. As regards the Information, all rights are reserved. This site and the Information may not be reproduced, in full or in part, without the explicit written consent of UniCredit Bank AG, Milan. UniCredit Bank AG, Milan, prohibits all persons from publishing a link to this site without its express prior consent. UniCredit Bank AG, Milan Branch, is not responsible for hypertext links directing users to this site and is in no way responsible for the accuracy of the content of other sites containing a link to this site. This website may contain links to other websites created and managed by third parties. UniCredit Bank AG, Milan, declines all responsibility for the content and possible losses or damage incurred as a result of other sites which are accessible through a hypertext link. Providing hypertext links in no way constitutes advice or a recommendation in respect of the content of websites obtained through hypertext links provided by third parties responsible for these sites. UniCredit Bank AG, Milan, does not guarantee, and is in no way liable for, the information contained on this site being adequate, in the correct order, accurate, free from errors, true, regularly updated, of fair and marketable quality, of good overall quality, impartial, not counterfeit and available. The Information available on the site is solely for information and provided for commercial and advertising purposes; it should not be interpreted as being investment research. Consequently, it has not been drawn up in accordance with the statutory and regulatory provisions on investment recommendations pursuant to Directives 2003/125/EC and 2004/39/EC. All the Information is based on data obtained from sources which UniCredit Bank AG, Milan Branch, deems to be reliable, but the accuracy of which cannot be guaranteed. UniCredit Bank AG, Milan Branch, thus declines all responsibility in connection with the usage of information contained in this site. All the information is communicated in good faith, but may be subject to major changes at any time after its publication. However, UniCredit Bank AG, Milan, cannot guarantee that the Information is complete or has not been modified by a third party (intrusion, virus). In addition, it declines all responsibility, direct or indirect, for all delays, errors or omissions. UniCredit Bank AG, Milan, thus reserves the right to change the Information and services described on this site at any time and without prior notification; persons who make use of this content for any reason other than for information purposes assume full responsibility therefor. This site, any documents attached to it and the Information are of a purely indicative nature. Under no circumstances do they constitute advice or a recommendation on the part of UniCredit Bank AG, Milan, or any of the companies within the UniCredit Group, nor do they constitute an offer to sell or a solicitation to conclude a transaction involving financial instruments. UniCredit Bank AG, Milan, accepts no liability for inaccuracies present on this site. UniCredit Bank AG, Milan, also encourages potential investors to carry out their own analyses of the financial, legal, accounting and regulatory aspects of each transaction in order to determine the pros and cons of proceeding with a transaction, and investors shall not rely on UniCredit Bank AG, Milan, in this regard. UniCredit Bank AG, Milan, shall not be liable for the consequences, financial or otherwise, resulting from any transactions concluded. Potential investors, with the support of their intermediaries, must ensure, prior to concluding a transaction, that they fully understand the nature of the investments and risks resulting from this, and that any such transaction is appropriate to their financial situation. UniCredit Bank AG, Milan, and/or other companies within the UniCredit Group may hold positions that lead to conflicts of interest with the issuers and the financial instruments described; it may, from time to time, take up positions for its own account and/or list instruments which are identical or economically linked to the transactions conducted with investors, or may have investment banking operations or other business relations with, or access the information of, the issuer of the stocks, financial instruments or other interests which are identical or economically linked to the transactions conducted with investors. UniCredit Bank AG, Milan, and/or other companies of the UniCredit Group may also perform activities for their own account, including transactions to hedge risks associated with concluding a transaction with investors, which, in turn, may adversely affect the price, rate, index or other market factors underlying the transaction concluded with investors and, as a result, the value of the transaction. They may hold and act as intermediary for shares of the companies indicated, act as market maker for any financial instrument specified in the Information and in any attached documents, act as financial advisor for one or more of the issuers of these instruments and, more generally, may have a specific interest in other issuers or in other financial instruments. In the case of instruments issued or placed by UniCredit Bank AG, Milan, or by other companies within the UniCredit Group, potential investors should also consult the additional provisions pertaining to interests contained in the prospectus. The Instruments are admitted to trading on Euronext and are subject to a prospectus being approved by a competent authority - BaFin (the German financial regulator) - and have received a certificate of approval in respect of the French Financial Markets Authority, in accordance with the provisions outlined in the European “Prospectus” Directive. The prospectus and the definitive terms and conditions are available on the website www.bourse.unicreditmib.fr; the issuer draws the attention of investors in particular to the section on risk factors. Investors shall be deemed to have read and understood all the provisions of these prospectuses. Notifications to investors shall be made and shall be deemed to have been validly given when they are published on the website www.bourse.unicreditmib.fr. Potential investors, with the support of their intermediaries, must ensure, prior to concluding a transaction, that they fully understand the nature of the investments and resulting risks, and that any such investment is appropriate to their financial situation. With regard to the financial aspects, the attention of investors is drawn to the fact that their particular situation must be analysed with their regular advisor. Anyone receiving this Information who would like more information or further details of the content of the Information should contact UniCredit Bank AG, Milan branch, Piazza Gae Aulenti 4, tel. +39 02 88621.