Simplex Asset Management ETF Disclaimer

The following important information must be read before proceeding. After reading the important information set out below, please click on the "I confirm that I have read the important information" link at the bottom of the page to acknowledge that you have read the important information and to continue.

TERMS AND CONDITIONS FOR CONTENTS HEREIN

READ THESE TERMS AND CONDITIONS (“TERMS”) CAREFULLY BEFORE USING THE SERVICES DESCRIBED HEREIN. BY UTILIZING THE WEBSITE LOCATED AT WWW.SIMPLEXASSET.COM/ETF (“WEBSITE”), YOU ACKNOWLEDGE THAT YOU HAVE READ THESE TERMS AND THAT YOU AGREE TO BE BOUND BY THEM. IF YOU DO NOT AGREE TO ALL OF THESE TERMS OF THIS AGREEMENT, YOU ARE NOT AN AUTHORIZED USER OF THESE SERVICES AND YOU SHOULD NOT USE THIS WEBSITE.

The website is directed only at the persons within Japan and it is not intended for and should not be accessed from any other jurisdiction where (by the reason of that person’s nationality, domicile, residence or otherwise) the publication or availability of this website is prohibited or contrary to local law or regulation.

Simplex Asset Management Co., Ltd. (the “Company”) reserves its 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 the website after we have posted changes to these terms, you are agreeing to these terms as modified.

The Company, or its affiliates, has registered the funds referred to in this WEBSITE in accordance with relevant laws and regulations in Japan. Such registration with the government of Japan is intended to make the funds available only to residents of Japan and is NOT intended for distribution to, or use by, any person or entity from any other jurisdictions. All information contained herein has been translated into English from the original Japanese version (also displayed within this WEBSITE). This translation is not required by law or any regulation and in the event of any inconsistency between the English translation and the original Japanese version, the Japanese version shall prevail.

All information contained herein has been prepared by the Company for informational or educational purpose only and it does not constitute a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this WEBSITE is at the sole discretion of the reader. They do not necessarily reflect the views of the Company and its affiliates or any part thereof and no assurances are made as to their accuracy.

The Company does not warrant that the dissemination of this communication will be uninterrupted or error-free, that defects will be corrected, or that the communication will be free of viruses or other harmful components. The Company does not accept any responsibility whatsoever for any loss arising from any reliance on or action taken (or omission to take action) by anyone using this information.