IMPORTANT LEGAL INFORMATION
The information provided on this site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation or which would subject ALPHA FINANCE U.S. CORPORATION or its affiliates to any registration requirement within such jurisdiction or country. Neither the information, nor any opinion contained in this site constitutes a solicitation or offer by ALPHA FINANCE U.S. CORPORATION or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service.

Disclaimer of Warranty and Limitation of Liability
The information on this site is provided "AS IS". ALPHA FINANCE U.S. CORPORATION does not warrant the accuracy of the materials provided herein, either expressly or impliedly, for any particular purpose and expressly disclaims any warranties of merchantability or fitness for a particular purpose. ALPHA FINANCE U.S. CORPORATION will not be responsible for any loss or damage that could result from interception by third parties of any information made available to you via this site. Although the information provided to you on this site is obtained or compiled from sources we believe to be reliable, ALPHA FINANCE U.S. CORPORATION cannot and does not guarantee the accuracy, validity, timeliness or completeness of any information or data made available to you for any particular purpose. Neither ALPHA FINANCE U.S. CORPORATION, nor any of its affiliates, directors, officers or employees, nor any third party vendor will be liable or have any responsibility of any kind for any loss or damage that you incur in the event of any failure or interruption of this site, or resulting from the act or omission of any other party involved in making this site or the data contained therein available to you, or from any other cause relating to your access to, inability to access, or use of the site or these materials, whether or not the circumstances giving rise to such cause may have been within the control of ALPHA FINANCE U.S. CORPORATION or of any vendor providing software or services support. In no event will ALPHA FINANCE U.S. CORPORATION, its affiliates or any such parties be liable to you for any direct, special, indirect, consequential, incidental damages or any other damages of any kind even if Merrill Lynch or any other party have been advised of the possibility thereof.

Copyright or Other Notices
If you download any information or software from this site, you agree that you will not copy it or remove or obscure any copyright or other notices or legends contained in any such information.

Use of Links
Should the viewer leave this site via a link contained herein, and view content that is not provided by ALPHA FINANCE U.S. CORPORATION, the viewer does so at his or her own risk. The content to which you link will not have been developed, checked for accuracy, or otherwise reviewed by ALPHA FINANCE U.S. CORPORATION. ALPHA FINANCE U.S. CORPORATION is not responsible for damages or losses caused by any delays, defects or omissions that may exist in the services, information or other content provided in such site, whether actual, alleged, consequential or punitive. ALPHA FINANCE U.S. CORPORATION makes no guarantees or representations as to, and shall have no liability for, any electronic content delivered by any third party, including, without limitation, the accuracy, subject matter, quality or timeliness of any electronic content.

STATE REGISTRATIONS DISCLOSURE
Please note that ALPHA FINANCE U.S. CORPORATION is not currently registered as a broker/dealer in the following states:

• Idaho
• Kentucky
• Louisiana
• Mississippi
• Missouri
• Nevada
• New Hampshire
• North Dakota
• Oklahoma
• West Virginia
• Wyoming

Therefore, ALPHA FINANCE U.S. CORPORATION does not currently solicit or offer any of its services to residents of these states. Alpha Finance U.S. Corporation may not establish accounts or transact business with residents of the above-mentioned states.

ALPHA FINANCE U.S. CORPORATION and its registered representatives may only transact business in the above mentioned states if first registered, excluded, or exempted from state broker-dealer or BD agent registration requirements, as may be.

Moreover, ALPHA FINANCE U.S. CORPORATION is registered as an investment adviser only in the State of New York and does not offer any investment advisory services to residents of any state other than New York. ALPHA FINANCE U.S. CORPORATION and its investment adviser representatives may only transact business in all other states if first registered, excluded, or exempted from state investment adviser or IA rep registration requirements, as may be.

DISCLOSURE OF ORDER ROUTING PRACTICES - SEC RULE 11Ac1-6
To obtain publicly available information about U.S. securities order routing, please visit the website www.orderroutingdisclosure.com. When prompted, enter the name: ALPHA FINANCE US CORPORATION and press enter. If you have any questions about the disclosure, please call (212) 656-9100 and our staff will be happy to assist you.