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  1. “Ovit invel moluptur? Qui repersp elluptatus volor rerumquo testo qui omnis et hit voluptam dolor acea ent rae vel estio.” Lorem Ipsum Dolor Sit Amet CONFIDENTIAL

  2. Lorem Ipsum • Genimi, ipsa volliquo molore volo tem arum la verit la sum niet es essuntur, unt laboreped exero erci quiasimi, omnime ea volorem idebitatius ut porem. • Epe si aturia nos et eictempelit aut litat dic te con estio • Ovidemquam, tem qui tem quo expligenet que porae ipsa di dolum dolo con et fuga • Aquae nam net ex etur sunt fugitatet fugia comnime eliquam esequi is aut et que qui blautet vollaut quatur mos reptatq uossusam il ipid qui tempor re nos mod molorroratis amus, verferit, serum volupti solor aut ut inventio • Iquae pos eliquam, quam ra volumqu atiistium fugit que dus enis quatenias ium ut accusa nient quid ut por serum et qui samenistrum apel mo vid • Quas mo odis aut ea volor maionsequae nobis ex eum cum nostiae eribus idebis que alique volorer ibuscia tiatempore nos explatet et asin ra adit optaquiam et as pa a voluptatia dolorporum doluptatiam ipide sam lacepudae arum • Consequi de occumquis ut magnatem que sinctus aut etur • Enim debitius quatemp orectur, si dis susam facepuda sequi anduntu ribus, qui voluptis et liciis sequiandel experios rerrovi tataquam, sapidemost • Quis ut laut re, imi, ommolessunt eat esti commolore sed mintores denditem sint omnihit mi, sim sequam dolupis eum hillabo. Asimiliquo doluptatem et qui blabo. Nempe sinvendaerum voleste scient volessit lam re dolo vera 1 Gia volori blaccus ciunt, qui dolore inis inus veligendio verumquos dus. 2 Net, temporestia dolo cuptaqui ne nobite nus ute latur sitatio inctet accusam es eaturehenti repta voluptaque doluptium sandis doluptae nonesciis ea derum re laccupt iuremporem eatiosa ndelest, accabor erruptate moleces cipsandi velit eumquatem facia pora quis atusdae. CONFIDENTIAL

  3. Lorem Ipsum Dolor Sit Amet CONFIDENTIAL

  4. Contacts CONFIDENTIAL

  5. This presentation is confidential and has been prepared by CIBC Capital Markets. In preparing this presentation, CIBC Capital Markets has relied without any independent verification on information provided by • [insert name of prospective client] (the “Company”) or that is publicly available. The information and any analyses in this presentation are preliminary are is not intended to constitute a "valuation," "formal valuation," "appraisal," "prior valuation," or a "report, statement or opinion of an expert" for purposes of any securities legislation in Canada or otherwise. We are not legal, tax or accounting experts and we express no opinion concerning any legal, tax or accounting matters or the sufficiency of this presentation for your purposes. This printed presentation is incomplete without reference to the oral presentation, discussion and any related written materials that supplement it. These materials are confidential and are intended solely for your benefit and for your internal use only and may not be reproduced, disseminated, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC Capital Markets in each specific instance. CIBC Capital Markets employees are prohibited from offering to change or otherwise influence any research report, rating or price target to any company as inducement for the receipt of any business or compensation. CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. All values are expressed in Canadian dollars, unless otherwise noted. Table of Contents_IB • Click to add Table of Contents CONFIDENTIAL

  6. This confidential presentation has been prepared by CIBC Capital Markets, exclusively for the benefit and internal use of [the board of directors/special committee] of [insert name of prospective client] (the “Company”), pursuant to an engagement letter (the “Engagement Letter”) made between CIBC Capital Markets and the Company. This presentation is subject to the assumptions, limitations and qualifications contained in the Engagement Letter and as set forth below. In preparing this confidential presentation, CIBC Capital Markets has relied without any independent verification on information that has been provided by the Company or that is publicly available. The information and any analyses in this presentation reflect prevailing conditions and our views as of this date, all of which are subject to change. We are not legal, tax or accounting experts and we express no opinion concerning any legal, tax or accounting matters or the sufficiency of this presentation for your purposes. This confidential printed presentation is incomplete without reference to the oral presentation, discussion and any related written materials that supplement it. This confidential presentation is preliminary and is not intended to constitute a "valuation," "formal valuation," "appraisal," "prior valuation," or a "report, statement or opinion of an expert" for purposes of any securities legislation in Canada or otherwise. Any CIBC Capital Markets opinion or valuation will be set forth in a separate letter and would be subject to the terms of the Engagement Letter and approval by our Opinions Review Committee and internal legal counsel. This confidential presentation is intended solely for the benefit of, and internal use by, the Company's senior executives/board of directors/special committee] and CIBC Capital Markets expressly disclaims any liability to any other person who purports to rely on it. This confidential presentation may not be reproduced, disseminated, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC Capital Markets in each specific instance. This presentation does not constitute a solicitation, an offer to buy or sell any security or a commitment to underwrite any securities or to arrange or provide any equity, debt, credit or other financing. CIBC Capital Markets employees are prohibited from offering to change or otherwise influence any research report, rating or price target to any company as inducement for the receipt of any business or compensation. CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. Table of Contents_M&A CONFIDENTIAL

  7. CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. CIBC Capital Markets and the CIBC Cube Design are trademarks of CIBC, used under license by CIBC World Markets Inc. Table of Contents_Omnibus CONFIDENTIAL

  8. This presentation is confidential and has been prepared by CIBC Capital Markets. In preparing this presentation, CIBC Capital Markets has relied without any independent verification on information provided by ● [insert name of prospective client] (the “Company”) or that is publicly available. The information and any analyses in this presentation are preliminary are is not intended to constitute a "valuation," "formal valuation," "appraisal," "prior valuation," or a "report, statement or opinion of an expert" for purposes of any securities legislation in Canada or otherwise. We are not legal, tax or accounting experts and we express no opinion concerning any legal, tax or accounting matters or the sufficiency of this presentation for your purposes. Furthermore, this printed presentation is incomplete without reference to the oral presentation, discussion and any related written materials that supplement it. These materials are confidential and are intended solely for your benefit and for your internal use only and may not be reproduced, disseminated, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC Capital Markets in each specific instance. CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. Table of Contents_Product CONFIDENTIAL

  9. The CIBC and CIBC World Markets Inc. Colombian Representation Office was authorized by the Colombian Superintendence of Finance (“SFC”) pursuant to Resolution 773 of 2014. Such authorization does not imply an opinion or assessment by the SFC of the conditions and risks relating to the foreign entity or the products and/or services that are being promoted through the representation office, as such are subject to their particular supervision in their jurisdiction of origin. All products and/or services are offered, rendered and/or sold by CIBC, CIBC World Markets Inc., CIBC World Markets Corp. and CIBC World Markets plc, in Canada, the U.S. and the U.K. respectively. The representation office will provide to the CIBC customer information regarding the products and/or services as required by article 4.1.1.1.9 of Colombian Decree 2555 of 2010. Legal, financial, accounting, commercial and administrative conditions of the products and/or services may be included in the agreement to be entered into with CIBC, or verbally by the Colombian representative, before the customer purchases the services. CIBC is a foreign bank, duly incorporated under the laws of Canada, and is not a licensed bank in Colombia. As a result, customer will enter into a transaction with a foreign entity and, therefore, must comply with applicable Colombian foreign exchange regulations. Canadian Imperial Bank of Commerce is a Schedule I bank under the Bank Act (Canada) and regulated by the Office of the Superintendent of Financial Institutions and makes available the following products and services: foreign exchange, commodities, over-the-counter derivatives, structured note products, corporate loans, global trade finance transactional banking, cash management, secondary market trading of fixed income, trading and hedging solutions, money market, securities repurchases and reverse repurchases, and structured notes. Products and/or services offered through “Wholesale Banking at CIBC” include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. CIBC World Markets Inc. is a broker-dealer and a member of the Investment Industry Regulatory Organization of Canada and the Canadian Investor Protection Fund and makes available the following products and services: research, execution services on global equities, debt and equity financing, equities sales, ETF distribution, prime brokerage, electronic trading, securities lending, investment banking. Table of Contents_Colombia CONFIDENTIAL

  10. This presentation has been prepared by CIBC Capital Markets FOR DISCUSSION PURPOSES ONLY. The information and data contained herein is confidential and is intended solely for your benefit and for your internal use only and may not be reproduced, disseminated, distributed, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC Capital Markets in each specific instance. This information is provided solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell securities or as financial or other advice. The information contained herein has been obtained and based upon sources (internal and/or external) believed by CIBC Capital Markets to be accurate, without having conducted any independent investigation. CIBC Capital Markets makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the products, markets or developments discussed herein and the information contained herein should not be relied upon as such. CIBC Capital Markets assumes no obligation to update any information, assumptions, opinions, data or statements contained herein for any reason or to notify any person in respect thereof. Nothing contained herein constitutes legal, accounting or tax advice, and recipients should independently evaluate the financial, market, legal, regulatory, credit, tax and accounting risks and consequences involved, and specific to the recipient’s situation, before entering into any transaction. Nothing in this presentation creates any obligation on the parties to enter into any commitments or agreements. This printed presentation is incomplete without reference to the oral presentation, discussion and any related written materials that supplement it. CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. All values are expressed in US dollars, unless otherwise noted. Table of Contents_DCC Generic CONFIDENTIAL

  11. This presentation has been prepared by CIBC Capital Markets FOR DISCUSSION PURPOSES ONLY. The information and data contained herein is confidential and is intended solely for your benefit and for your internal use only and may not be reproduced, disseminated, distributed, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC Capital Markets in each specific instance. This information is provided solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell securities or as financial or other advice. • The information contained herein has been obtained and based upon sources (internal and/or external) believed by CIBC Capital Markets to be accurate, without having conducted any independent investigation. CIBC Capital Markets makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the products, markets or developments discussed herein and the information contained herein should not be relied upon as such. CIBC Capital Markets assumes no obligation to update any information, assumptions, opinions, data or statements contained herein for any reason or to notify any person in respect thereof. • Nothing contained herein constitutes legal, accounting or tax advice, and recipients should independently evaluate the financial, market, legal, regulatory, credit, tax and accounting risks and consequences involved, and specific to the recipient’s situation, before entering into any transaction. Nothing in this presentation creates any obligation on the parties to enter into any commitments or agreements. • This printed presentation is incomplete without reference to the oral presentation, discussion and any related written materials that supplement it. • CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. • CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. • The distribution of this presentation in the United Kingdom is being made only to, or directed only at, persons falling within one or more of the exemptions from the financial promotion regime in section 21 of the UK Financial Services and Markets Act 2000 (as amended) (“FSMA”) including, without limitation, to the following: • I. authorised firms under FSMA and certain other investment professionals falling within article 19 of the FSMA (Financial Promotion) Order 2005 (“FPO”) and directors, officers and employees acting for such entities in relation to investment; • II. high value entities falling within article 49 FPO and directors, officers and employees acting for such entities in relation to investment; and • III. persons who receive this presentation outside the United Kingdom. • The distribution of this presentation to any other person in the United Kingdom is unauthorised and may contravene FSMA. No person falling outside such categories should treat this presentation as constituting a promotion to them, or rely or act on it for any purposes whatsoever. • All values are expressed in US dollars, unless otherwise noted. Table of Contents_DCC UK CONFIDENTIAL

  12. This presentation has been prepared by CIBC Capital Markets FOR DISCUSSION PURPOSES ONLY. The information and data contained herein is confidential and is intended solely for your benefit and for your internal use only and may not be reproduced, disseminated, distributed, quoted from or referred to in whole or in part at any time, in any manner or for any purpose, without obtaining the prior written consent of CIBC Capital Markets in each specific instance. This information is provided solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell securities or as financial or other advice. The information contained herein has been obtained and based upon sources (internal and/or external) believed by CIBC Capital Markets to be accurate, without having conducted any independent investigation. CIBC Capital Markets makes no representation or warranty, express or implied, in relation to the accuracy, completeness or reliability of the information contained herein, nor is it intended to be a complete statement or summary of the products, markets or developments discussed herein and the information contained herein should not be relied upon as such. CIBC Capital Markets assumes no obligation to update any information, assumptions, opinions, data or statements contained herein for any reason or to notify any person in respect thereof. Nothing contained herein constitutes legal, accounting or tax advice, and recipients should independently evaluate the financial, market, legal, regulatory, credit, tax and accounting risks and consequences involved, and specific to the recipient’s situation, before entering into any transaction. Nothing in this presentation creates any obligation on the parties to enter into any commitments or agreements. This printed presentation is incomplete without reference to the oral presentation, discussion and any related written materials that supplement it. CIBC World Markets Inc. is a legal entity name. CIBC Capital Markets is a trademark brand name under which different legal entities provide different services under this umbrella brand. Products and/or services offered through CIBC Capital Markets include products and/or services offered by the Canadian Imperial Bank of Commerce, the parent bank of CIBC World Markets Inc. and various other subsidiaries of the Canadian Imperial Bank of Commerce. Services offered by the Canadian Imperial Bank of Commerce include corporate lending services, foreign exchange, money market instruments, structured notes, interest rate products and commodities, equity options and OTC derivatives. Canadian exchange-traded equity options are executed through CIBC World Markets Inc. Equity and fixed income securities are executed through CIBC World Markets Inc. and other directly or indirectly held subsidiaries of CIBC. CIBC World Markets Inc. is a member of the Canadian Investor Protection Fund and the Investment Industry Regulatory Organization of Canada. CIBC World Markets Corp. is a member of the Financial Industry Regulatory Authority. CIBC World Markets plc is regulated by the Prudential Regulation Authority and Financial Conduct Authority. CIBC World Markets Securities Ireland Limited is regulated by the Central Bank of Ireland. CIBC Australia Ltd is regulated by the Australia Securities and Investment Commission. CIBC World Markets (Japan) Inc. is a member of the Japanese Securities Dealer Association. Canadian Imperial Bank of Commerce, Hong Kong Branch, is a registered institution under the Securities and Futures Ordinance, Cap 571. Canadian Imperial Bank of Commerce, Singapore Branch, is an offshore bank licensed and regulated by the Monetary Authority of Singapore. The distribution of this presentation in France is being made only to, or directed only at, persons falling within one or more of the categories under Article L. 341-2 of the French Monetary and Financial Code, including, without limitation, to the following: qualified investors (investisseurs qualifiés) (as defined in Article L. 411-2 of the French Monetary and Financial Code) or to entities (personnes morales) defined in Article L. 341-2 and D. 341-2 of the French Monetary and Financial Code. The distribution of this presentation to any other person in France is unauthorised and may contravene applicable French regulations. No person falling outside such categories should treat this presentation as constituting a promotion or canvassing (démarchage) to them, or rely or act on it for any purposes whatsoever. All values are expressed in US dollars, unless otherwise noted Table of Contents_DCC France CONFIDENTIAL

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