Legal

By accessing the A&F S.A. (“A&F”) Web Site, you are accepting the Terms and Conditions described below pertaining to both this Web Site and any material provided in it.

1. Proprietary Rights

All rights, title and interest in this Web Site and any content contained herein is the exclusive property of A&F, except as otherwise stated. When updating the information provided in this Web Site, A&F may change these Terms and Conditions. You should regularly check these Terms and Conditions to see if changes have been made.

Unless otherwise specified, this Web Site is for your personal and non-commercial use only, and you may print, copy and download any information or portion of this Web Site for your personal use only. You may not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, frame, create derivative works from, transfer, or otherwise use in any other way for commercial or public purposes in whole or in part any information, software, products or services obtained from this Web Site except for the purposes expressly provided herein, without A&F’s prior written approval.

All material provided by this Web Site belongs to A&F. Downloading or copying any information from this Web Site does not give you any right or license to such information. In particular, if you download any information from this Web Site, you have no right to modify or remove any part of it.

2. Restrictions on use

To access this Web Site and use the material provided by it, it is not necessary to pass through a registration process, except for the information pertaining to the Reports. You can access this Web Site without any specific time limit. In any case, A&F reserves the right to suspend or terminate your access and use of this Web Site at any time without notice.

Moreover, A&F assumes no responsibility for any loss or damage that you may incur in the event of any failure or interruption of this Web Site, or resulting from omissions or errors of any subject involved in the creation of this Web Site or from any other problem related to the use of this Web Site (or the inability to access it).

3. Limitation of Liability and Disclaimer

While A&F uses reasonable efforts to obtain information from reliable sources, A&F makes no representations or warranties as to the accuracy, reliability or completeness of any information or document at this Web Site. Opinions and any other contents at this Web Site are subject to change without notice.

The information provided in this Web Site is not to be considered as an offer to sell, or a solicitation of any offer to buy. No information on this Web Site constitutes investment advice or an offer or a solicitation of interest in respect of the acquisition or sale of any securities. You should consult your investment advisor before making any investment decision.

Any arrangement made between you and any third party named on this Web Site is at your sole risk and responsibility.

A&F shall have neither responsibility nor liability for any loss or damage arising from the use of, or reliance on information provided, including any loss of profit or any other damage, direct or consequential.

A&F takes no responsibility, and gives no warranties, that this Web Site or the server that makes it available are free from viruses or other harmful components. In particular, A&F shall not be liable for any damages caused to the systems of users by viruses that are related to the use of this Web Site.

4. Use of Links

This Web Site may contain some links to other World Wide Web sites. These sites are arranged by independent third parties and A&F is not responsible for the content of off-site pages or any other site linked or linking to this Web Site. Your linking to any off-site pages or other sites is at your own risk.

5. Applicable Law

These Terms and Conditions shall be governed by and construed in accordance with Luxembourg Law.

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