AllianceBernstein

E-mail Disclaimers

The information contained in the linked e-mail transmission and any attachments (collectively the “E-mail” or “Original Message”) may be privileged and confidential and is intended only for the use of the person(s) named in the Original Message.

The E-mail is provided for informational purposes only and should not be construed in any manner as any solicitation or offer to buy or sell any investment opportunities or any related financial instruments and should not be construed in any manner as a public offer of any investment opportunities or any related financial instruments. We do not accept account orders and/or instructions related to AllianceBernstein products or services by e-mail, and therefore will not be responsible for carrying out such orders and/or instructions.

If you are not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, (i) you should not review, disseminate, distribute or duplicate this E-mail transmission or any attachments, (ii) please immediately contact the sender by reply E-mail or other parties as specified in the E-mail, and (iii) destroy all copies of the message.

If you, as the intended recipient of the E-Mail, the purpose of which is to inform and update our clients, prospects and consultants of developments relating to our services and products, would not like to receive further e-mail correspondence from the sender, please contact the sender by reply e-mail or other parties as specified in the E-mail, indicating your wishes.

Although we attempt to sweep e-mail and attachments for viruses, we will not be liable for any damages arising from the alteration of the contents of this E-mail by a third party or as a result of any virus being passed on.

For a list of our global offices please click here. For legal, regulatory and other disclosures specific to certain AllianceBernstein companies or offices outside the United States, please see below.

Australia/New Zealand

The information in the linked e-mail transmission and any attachment have been issued by one of Sanford C. Bernstein LLC, Sanford C. Bernstein Limited, Autonomous Research LP or Sanford C. Bernstein (Hong Kong) Limited 盛博香港有限公司, each of which is exempt from the requirement to hold an Australian Financial Services license and is licensed or authorized to provide financial product advice by the supervisory authority in its home jurisdiction under laws which may differ from Australian laws. This email and any attachment may only be distributed to a “Wholesale Client” as defined in section 761G of the Australian Corporations Act.

Denmark

CPH Capital Fondsmæglerselskab A/S (A subsidiary of AllianceBernstein LP)
Lautrupsgade 7,
6 sal,
2100 Copenhagen
Denmark
CPH Capital Fondsmæglerselskab A/S is registered with the Danish Finanstilsynet under registered no.: 8310 and with the
Danish Commercial Registry under Company Registry reg. no. (CVR): 34606544

France

AllianceBernstein (France) SAS
Sociétépar actions simplifiée au capital de 40 000 euros
ATEAC Haussmann, 75, Boulevard Haussmann, 75008 Paris, France
434 521 993 RCS Paris

Les informations contenues dans ce message électronique et ses pièces jointes sont confidentielles et à l’usage exclusif du/des destinataire(s) tels que désigné(s) dans le message électronique. Si vous n’êtes pas le destinataire de ce message, ou l’un de ses salariés ou mandataire habilité à délivrer le présent message au destinataire, vous n’êtes pas en droit de l’examiner, le divulguer, le distribuer ou le reproduire, ainsi que ses pièces jointes. Si vous n’êtes pas le destinataire, merci d'en avertir immédiatement l'expéditeur en répondant au message et de détruire toutes les copies du message original. Nous n’acceptons pas de commandes et/ou d’instructions concernant des produits ou services d’AllianceBerstein par e-mail et, par conséquent, nous ne sommes pas responsables de l’exécution de ces commandes et/ou instructions. Ce message électronique ainsi que les pièces jointes sont envoyés uniquement à titre informatif et ne peuvent en aucune manière être considérés comme une sollicitation ou une offre d’achat ou de vente de produits d’investissements ou de tout autre instrument financier ni comme une offre publique d’investissement ou de tout autre instrument financier. Si, en votre qualité de destinataire de ce message, dont le but est celui d’informer et de tenir à jour nos clients et nos consultants des développements concernant nos produits et services, vous ne souhaitez pas recevoir des correspondances ultérieures de la part de l’expéditeur, merci de répondre à l’expéditeur en lui indiquant vos souhaits. Bien que nous nous efforcions de supprimer tous virus des messages et des pièces jointes, nous ne serons pas responsables du préjudice qui pourrait résulter de l’altération du contenu de ce message électronique ou de ses pièces jointes causé par le fait d’un tiers ou par la transmission d’un virus.

Germany

AllianceBernstein (Luxembourg) S.à r.l.
Munich branch
Niederlassungsleiter: Martin Dilg

Ireland

Sanford C. Bernstein Ireland Limited is authorised and regulated in Ireland by the Central Bank of Ireland and registered in the Central Bank of Ireland Register (at http://registers.centralbank.ie/FirmSearchPage.aspx) under the number C182385. The company has its registered office at 4 Earlsfort Terrace, D02 E024, Dublin, Ireland.
For additional information and important disclosures, see www.bernsteinresearch.com.

Italy

AllianceBernstein (Luxembourg) S.à r.l.
Milan branch
Piazza IV Novembre, 7
20124 Milan, Italy

Le informazioni contenute nell’ e-mail ed eventuali allegati possono essere riservate e destinate all’uso esclusivo della/e persona/e indicata/e nell’email trasmessa. Nel caso in cui non siate i destinatari della suddetta e-mail, eventuali revisioni, diffusioni, distribuzioni o riproduzioni della medesima e degli eventuali suoi allegati sono tassativamente vietate. In tal caso, siete pregati di contattare immediatamente il mittente del messaggio, rispondendo al messaggio stesso, e di distruggere tutte le copie del messaggio originale. Non accettiamo ordini e/o istruzioni relative ai prodotti o servizi di AllianceBernstein via e-mail, pertanto, non saremo responsabili per l’esecuzione di tali ordini e/o istruzioni. La presente email ed i suoi allegati sono inviati a soli fini informativi e non possono in qualsiasi maniera venire considerati come sollecitazione d'offerta, acquisto o vendita di opportunità di investimento o di strumenti finanziari nè come come pubblica offerta di prodotti e servizi finanziari. Nel caso in cui siate destinatari dell’e-mail, che è diretto a informare e aggiornate i nostri clienti, potenziali clienti e consulenti degli sviluppi relativi ai nostri prodotti e servizi, ma non desideriate ricevere ulteriori comunicazioni dal mittente, siete pregati di comunicarci le Vostre intenzioni rispondendo al emittente. Cerchiamo di inviare email e allegati privi di virus e non potremo essere considerati responsabili per i danni che potrebbero avvenire a seguito dall'alterazione dei contenuti di questa email e dei suoi allegati, da parte di terze persone, come conseguenza della contaminazione da virus.

Japan

このメールに含まれている情報は秘密であり、宛先に記載された者のみが
使用することを意図しています。あなたが、これらの者でなく、またこれらの者の
従業員又は代理人でない場合、この情報を閲覧し、配布し、又は複製することは
固く禁じられています。もし、あなたが意図された受信者でない場合、送信者に直ち
にその旨返信し、このメッセージ及びそのコピーを廃棄してください。

Luxembourg

AllianceBernstein (Luxembourg) S.à.r.l.
Société à responsabilité limité
R.C.S. Luxembourg B 34 405
2-4, rue Eugène Ruppert, L-2453 Luxembourg, Grand Duchy of Luxembourg

Mexico

AllianceBernstein Mexico, S. de R.L. de C.V.
Fuente Bella 3299, Piso 14
Conjunto Residencial del Pedregal, Tlalpan
CDMX, 14130
México
55 55 91 71 1084

La información contenida en el e-mail y sus archivos adjuntos puede ser información privilegiada y confidencial y está destinada únicamente para el uso de aquella(s) persona(s) nombrada(s) en el mismo. Si usted no es el destinatario previsto, un empleado o agente responsable para entregar este mensaje al destinatario previsto, usted no debe revisar, difundir, distribuir o copiar este e-mail o sus archivos adjuntos. Si usted no es destinatario previsto, por favor póngase en contacto con el remitente respondiendo a su correo inmediatamente y elimine todas las copias del e-mail. No aceptamos encargos a cuentas y/o instrucciones relacionadas con productos o servicios de AllianceBernstein vía e-mail y por tanto no seremos responsables de llevar a cabo tales encargos y/o instrucciones. El e-mail y cualquier archivo adjunto tienen como única finalidad facilitar información y en ningún caso deben tener la consideración de publicidad u oferta de productos de inversión o instrumentos financieros relacionados y no tendrán la consideración, en ningún caso, de publicidad u oferta pública de productos de inversión o instrumentos financieros. Si usted, como destinatario previsto de este e-mail, cuya intención es informar y actualizar a nuestros clientes, posibles clientes y asesores de desarrollo relacionado con nuestros servicios y productos, no quiere recibir más e-mails del remitente, por favor, conteste al e-mail indicando su voluntad al respecto. Pese a que los e-mails y sus archivos adjuntos son analizados en busca de virus con carácter previo a su envío, no asumimos responsabilidad alguna por daños que puedan surgir fruto de la alteración del contenido del e-mail y de sus archivos adjuntos por parte de terceros o por causa de cualquier virus contenido en los mismos.

The Netherlands

AllianceBernstein (Luxembourg) S.à r.l.
Amsterdam branch
Schiphol Boulevard 189
Wtc A Tower
5th Floor
1118 Bg Schiphol
The Netherlands
31 20 201 4985

Singapore

AllianceBernstein (Singapore) Ltd. is a licensed entity under the Securities and Futures Act and registered with Company Registration No. 199703364C. It is regulated by the Monetary Authority of Singapore and located at One Raffles Quay, #27-11 South Tower, Singapore 048583, +65-62304600. The business name "Bernstein” is registered under business registration number 53193989L.

Spain

AllianceBernstein (Luxembourg) S.à r.l.
Sucursal en España
Paseo de le Castellana 95
Torre Europa
28046
Madrid
Spain

Sweden

AllianceBernstein (Luxembourg) S.à r.l.
Stockholm Filial
Hamngatan 11
111 47 Stockholm
Sweden

United Kingdom

AllianceBernstein Limited is authorised and regulated in the United Kingdom by the Financial Conduct Authority and registered in the FCA Register under FRN number 147956. AllianceBernstein Limited is registered in England and Wales under company number 2551144 with its registered office at 50 Berkeley Street, London. W1J 8HA. VAT number 577714012.

On and as of 1 April 2019, AllianceBernstein acquired the full equity interest of Autonomous Research LLP, following which both Sanford C. Bernstein Limited and Autonomous Research LLP became members of the same corporate group with the same ultimate parent company, AllianceBernstein LP. As part of an internal reorganisation of the corporate group, Sanford C. Bernstein Limited transferred its business to its affiliate Autonomous Research LLP after close of business on 31 December 2020. Subsequent to this transfer, Autonomous Research LLP changed its name to Bernstein Autonomous LLP.

Bernstein Autonomous LLP is authorised and regulated in the United Kingdom by the Financial Conduct Authority and registered in the FCA Register (at https://register.fca.org.uk/) under the number 500498. The company has its registered office at 50 Berkeley Street, W1J 8SB, London.
For additional information, research reports, and important disclosures, see www.bernsteinresearch.com and www.autonomous.com.

United States

The information contained in the linked e-mail transmission and any attachments may be privileged and confidential and is intended only for the use of the person(s) named in the linked e-mail transmission. If you are not the intended recipient, or an employee or agent responsible for delivering this message to the intended recipient, you should not review, disseminate, distribute or duplicate this e-mail transmission or any attachments. If you are not the intended recipient, please contact the sender immediately by reply e-mail and destroy all copies of the original message. We do not accept account orders and/or instructions related to AllianceBernstein products or services by e-mail, and therefore will not be responsible for carrying out such orders and/or instructions. The linked e-mail transmission and any attachments are provided for informational purposes only and should not be construed in any manner as any solicitation or offer to buy or sell any investment opportunities or any related financial instruments and should not be construed in any manner as a public offer of any investment opportunities or any related financial instruments. If you, as the intended recipient of the linked e-mail transmission, the purpose of which is to inform and update our clients, prospects and consultants of developments relating to our services and products, would not like to receive further e-mail correspondence from the sender, please "reply" to the sender indicating your wishes. Although we attempt to sweep e-mail and attachments for viruses, we will not be liable for any damages arising from the alteration of the contents of this linked e-mail transmission and any attachments by a third party or as a result of any virus being passed on.


Please note:

Trading instructions sent electronically to Bernstein shall not be deemed accepted until a representative of Bernstein acknowledges receipt electronically or by telephone. Comments in the linked e-mail transmission and any attachments are part of a larger body of investment analysis. For our research reports, which contain information that may be used to support investment decisions, and disclosures, see our website at www.bernsteinresearch.com.