Disclaimer: This advertisement is issued by Rabobank International acting through its Singapore Branch and should not be construed as an offer or solicitation or invitation of any offer to purchase any investment product or as investment advice or a recommendation to purchase or to sell any investment product. The price of the Warrants may fluctuate and investors may sustain a total or partial loss of their investment. Any past performance of the Warrants is not indicative of future performance. Rabobank International as the designated market-maker for the Warrants may be the only person quoting prices in respect of the Warrants and the secondary market for the Warrants may be limited. Persons intending to trade or invest in Warrants should ensure that they understand the nature of the Warrants and carefully study the risk factors set out in the Base Listing Document and the relevant Supplemental Listing Document and, where necessary, seek professional advice, before trading or investing in Warrants.