RESPONSIBLE FOR THE CONTENT

Italy:SMILE CAPITAL S.R.L.Via Ruggero Settimo n. 5I-65123 Pescara PE (Italy)

Partita IVA | Tax Code/VAT Number IT 02061470684Codice Fiscale | Registered at the Chamber of Commerce in Pescara n. 02061470684Share Capital € 10.000,00 fully underwritten and paid upRegistered in Pescara R.E.A. No. PE - 150502Mail PEC: smilecap (at) pec.it

Managing DirectorMaurizio Pensato

Germany:SMILE CAPTAL GmbHc/o Schaal SteuerberatungLeonrodstraße 54D-80636 München (Germany)

Registergericht: Amtsgericht MünchenRegisternummer: HRB 218881Share Capital € 25.000,00 fully underwritten and paid up

Managing DirectorMaurizio Pensato

Responsible for editorial contentMaurizio Pensato

Contacthello (at) smile-capital.com

Note on consumer arbitrationWe are neither obligated nor willing to participate in an out-of-court dispute resolution before a consumer arbitration board. A list of the various consumer arbitration boards, and thus the office responsible for you, can be found on the websites of the Federal Department of Justice: https://www.bundesjustizamt.de/DE/Themen/Buergerdienste/Verbraucherstreitbeilegung/Verbraucherschlichtungsstellen/Uebersicht_node.html

Photo creditsAll pictures used are from:Maurizio Pensato, www.istockphoto.com, stock.adobe.com,www.shutterstock.com

Disclaimer

This website is created by Smile Capital S.r.l. /GmbH and all rights thereto are owned and reserved by Smile Capital. This website may not be reproduced or provided to others without the prior written permission of Smile Capital.

The concepts and information made available in this website are provided to the reader "as is" and without guarantees or representations of any kind (explicit or implied) or any liability to the fullest extent permissible pursuant to applicable law. Any information presented is given to the best of Smile Capital’s knowledge. All this information shall not, however, as far as legally permissible, create any guarantee or representation of any kind or any liability of Smile Capital and shall not relieve the reader from undertaking its own investigations and tests.

This website does not constitute an offer to purchase any securities. The assumptions, calculations and structures contained herein do in no case constitute binding offers to any party involved in a potential transaction.

Subject to the above Smile Capital shall generally not be liable for any damages that have been caused by or in connection with this presentation according to the applicable law. Smile Capital is not responsible for and disclaims any liability for any indirect, incidental, consequential and special damages, that have been caused by or in connection with the use of this website. No right or entitlement to an implementation of the website or the concepts presented herein arises from this website.

Information respecting prior performance of other investments, including affiliated investment funds, is not necessarily indicative of actual results to be obtained by the partnership. Further, certain information respecting unrealized returns is based on public market valuations that, among other things, have become increasingly volatile and as result may not necessarily be indicative of the current value or the actual value to be realized from any particular investment.

Certain statements made throughout this document that are not historical facts may contain forward-looking statements regarding a partnership’s and, in some cases, future plans, objectives, and expected performance related to (target) investments. Any such forward-looking statements are based on assumptions that such a partnership and/or the investments (as the case may be) believes are reasonable, but are subject to a wide range of risks and uncertainties and, therefore, there can be no assurance that actual results may not differ from those expressed or implied by such forward-looking statements.

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