The information presented above constitutes recommendations that have come to our knowledge. In presenting this information, PWO AG aims to provide an overview of recommendations relating to the company's shares. All information presented shall be considered non-binding. We assume no liability for the selection, topicality, completeness or accuracy of the recommendations and analyses presented. Furthermore, PWO AG shall not be liable for damages arising from information furnished in this section of the website. The information on the website of PWO AG shall not constitute an invitation to purchase shares in PWO AG or any other company. Furthermore, it is not intended as a general invitation to purchase or trade shares, either directly or indirectly. Although we have used reasonable endeavours to check these web pages, we can give no guarantee and accept no responsibility for the accuracy, the completeness or the topicality of this material.