Stock Exchange and Markets

Useful information:

1. Brokerage service rates applicable to orders on national markets for the purchase and/or sale of shares listed on stock markets through remote banking channels (web or mobile app): EUR 3 for transactions up to EUR 2,000, EUR 6 for transactions between EUR 2,000.01 and EUR 15,000, and 0.25% on cash for transactions in excess of EUR 15,000.01. Consult information on the rest of the costs and expenses associated with the relevant transaction, and other types of orders, securities and markets. A new securities account must be opened to be eligible for these conditions.

Financial instruments involve certain risks (market, credit, liquidity, currency, interest rate, sustainability risk etc.), and therefore all or some of the investment may be lost. The risks are listed in the product's legal documentation.

Before taking any investment decision, investors must consult the information in the financial instrument's legal documentation (in the case of a Collective Investment Undertaking (CIU), in the Prospectus and in the Key Investor Information Document (KIID)), available both from the relevant supervisory body and from the market where the instrument may be admitted to trading, if any, and on the website of the issuer or the management company. The decision to invest in a financial instrument must be taken in due consideration of all the characteristics or objectives of the financial instrument described in its legal documentation. Past performance is not a reliable indicator of future results, and if the financial instrument is denominated in currencies other than the euro, performance may go up or down as a result of monetary fluctuations.

The opinions expressed in investment and analysis reports reflect the personal opinions of the analysis teams producing them at the time of issuance, and they may be amended. Provision of such information does not constitute the provision of an investment advisory service. Under no circumstances may this information be used or considered as an offer to sell or an offer to buy. Any investment decision by the recipient of this information must be taken in due consideration of the legal documentation for the financial instrument concerned.

The taxation of returns obtained from investments will depend on the tax legislation applicable to the personal situations of investors, and may vary in the future.

This is an advertising communication, for commercial purposes. It is not information that is contractually binding, it is not information that is required by any legal stipulations, nor should it be considered an investment recommendation or any form of advice, and it is not sufficient to take a decision to invest.

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