Access to and use of the www.klaycapital.com website (the "Site") and the materials found on it are subject to the following terms and conditions (these "Terms").

This material is provided by Klay Capital Limited. Klay Capital Limited is regulated by the Dubai Financial Services Authority (DFSA).This material is intended for use only by a Professional client or Market Counterparty, as defined by the DFSA, and is not intended for, nor should not be relied upon by Retail Clients. Professional clients may not be afforded the Retail Client protection and compensation rights that may generally be available to them from within DFSA and other jurisdictions.

The Material on this Site is not directed at or intended for distribution to any person (or entity) who is a citizen or resident of (or located or established in) any jurisdiction where the use of the Site (or the purchase or sale of the Investment Products) would be contrary to applicable law or regulation or would subject Klay Capital Limited to any registration or licensing requirement in such jurisdiction. Persons who wish to access this Site are required by Klay Capital Limited to inform themselves about and to observe any legal or regulatory restrictions, which may affect their eligibility to access the Site. Professional advice should be sought in cases of doubt.

This Material is provided for information purposes only and does not constitute a solicitation or offer, or advice or recommendation, to buy or sell interests in any Investment Products, to affect any transactions, or to conclude any transaction of any kind whatsoever.

Klay Capital Limited may update, revise, delete or modify information on this Site without notice. Information should only be considered current as of the time of initial publication on this Site or as otherwise stated on this Site without regard to the date on which you may access the information.