Read these terms and conditions (“terms”) carefully before using the services described herein. By utilizing the website located at http://threestonescapital.com (“website”), you acknowledge that you have read these terms and conditions and that you agree to be bound by them. If you do not agree to all of the terms and conditions of this agreement, you are not an authorized user of these services and you should not use this website.

Threestones reserves the right to change, modify, add or remove portions of these terms at any time for any reason. We suggest that you review these terms periodically for changes. Such changes shall be effective immediately upon posting. You acknowledge that by accessing our website after we have posted changes to these terms, you are agreeing to these terms as modified.

Nothing contained on this Website constitutes tax, accounting, regulatory, legal, insurance or investment advice. Neither the information, nor any opinion, contained on this Website constitutes a solicitation or offer by Threestones Capital Management SA. (“Threestones or TSC”) or its affiliates to buy or sell any securities, or other financial instruments, nor shall any such security be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.

The information contained in this Website is not intended for nationals or citizens of the USA or any legal entity organized or registered under the laws of the USA (i.e. “US Persons” as defined in the Securities and Exchange Commission’s “Regulation S” under the 1933 U.S. Securities Act). If you are a US Person, you are not authorized to access this Website and you are requested to leave this page.

The information contained in this Website may not be copied, reproduced, modified, translated or distributed, without the prior written approval of Threestones, by/to/for any third person or entity in any jurisdiction which would subject Threestones or any of its products to any additional registration requirements within these jurisdictions or where this might be considered unlawful.

Decisions based on information contained on this Website are the sole responsibility of the visitor. In exchange for using this Website, the visitor agrees to indemnify and hold Threestones, its officers, directors, employees, affiliates, agents, licensors and suppliers harmless against any and all claims, losses, liability, costs and expenses (including but not limited to attorneys’ fees) arising from your use of this Website, from your violation of these Terms or from any decisions that the visitor makes based on such information.

The investments and strategies discussed in the Website may not be suitable for all investors and are not obligations of Threestones or its affiliates or guaranteed by Threestones or its affiliates. Threestones makes no representations that the contents are appropriate for use in all locations, or that the transactions, securities, products, instruments, or services discussed on this site are available or appropriate for sale or use in all jurisdictions or countries, or by all investors or counterparties. By making available information on the Website, Threestones does not represent that any investment vehicle is available or suitable for any particular user. All persons and entities accessing the Web Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations.

All investments involve risk and may lose value. The value of your investment can go down depending upon market conditions. Alternative strategies involve higher risks than traditional investments, may not be tax efficient, and have higher fees than traditional investments; they may also be leveraged, which can magnify the potential for investment loss or gain. Before acquiring the shares of any investment fund by purchase or exchange, it is your responsibility to read the fund’s prospectus or offering materials.

This Website is for information purposes only and is not intended to be relied upon as a forecast, research or investment advice. The information on this Website does not constitute a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. Although this material is based upon information that Threestones considers reliable and endeavors to keep current, Threestones does not assure that this material is accurate, current or complete, and it should not be relied upon as such. Any opinions expressed on this Website may change as subsequent conditions vary. Past performance is no guarantee of future results. This Website is owned by Threestones Capital Management (Luxembourg) S.A., with registered office in Luxembourg, 23, Rue Aldringen L-1118 Luxembourg (“Threestones or TSC”).