Disclosures

Disclosures of all material information:

1. Disciplinary History:
   There has been no instance of any Disciplinary action, penalty, etc. levied/passed by any regulation/administrative agencies against TradeFinder and its Partners.
2. Terms & Conditions of issuance of Research Report:
   The Research report is issued to the registered clients. The Research Report is based on facts, figures, and information that are considered true, correct, and reliable. The information contained herein is from publicly available data or other sources believed to be reliable. We have also reviewed the research report for any untrue statements of material facts or any false or misleading information. The report is prepared solely for informational purposes and does not constitute an offer document or solicitation to buy or sell or hold or subscribe for securities or other financial instruments for clients.
3. RISK Disclosures:
   TradeFinder, its partners, employees, officers, and its affiliates are not responsible for any loss or damage that may arise to any person for any nonchalant error in the information represented in the research report. Investors may lose his/her entire amount or Investments or portfolio under certain market conditions so acting on any advice or recommendations from research reports, Investors should understand their risk appetite or consult their financial advisers.

The research report does not take into account any specific investment objective, goal, or financial situation or any specific needs and objectives of any specific individual. The client obtaining the research report should act according to his/her own risk appetite and financial position and should also understand the risk involved in capital markets while making investments.

Disclosures with regard to ownership and material conflicts of interest:

1. TradeFinder or its research analysts or his/her relative or associate has any direct or indirect financial interest in the subject company -> NO
2. TradeFinder or its research analysts, or his/her relative or associate has any other material conflict of interest at the time of publication of the research report. -> NO
3. TradeFinder or its research analysts, or his/her relative or associates have actual ownership of one % or more securities of the subject company -> No

Disclosures with regard to receipt of compensation:

1. TradeFinder or its associates have received any compensation from the subject company in the past twelve months -> NO
2. TradeFinder or its associates have managed or co-managed public offering of securities for the subject in the past twelve months -> NO
3. TradeFinder or its associates have received any compensation or other benefits from the subject company or third party in connection with the research report -> No

Terms & Conditions:

1. TradeFinder service is valid as per subscription plan from the payment date.
2. We will provide alerts based on our analysis and methods on Technical research analysis during the validity period.
3. The fees paid towards TradeFinder services are non-refundable.
4. Investors are advised to act according to their risk appetite, we are not providing Investment Advisory Services.
5. Any Buy/Sell/Hold call updates will be received through our website when provided.

** Some of the risks associated with the securities market that will adversely affect your investments and portfolio are:

1. Market Risk: Companies often disclose the risks associated with market volatility. For example:
   "The company operates in a highly competitive industry, and its financial performance is subject to market fluctuations. Adverse changes in market conditions, such as changes in demand for our products or services, could negatively impact our revenue and profitability."
2. Financial Risk: Companies may disclose their exposure to financial risks, such as currency risk or interest rate risk:
   "We have significant foreign currency exposure due to our international operations. Fluctuations in exchange rates could affect our financial results."
3. Operational Risk: Companies may discuss risks related to their day-to-day operations:
   "Our manufacturing facilities are located in an area prone to natural disasters. Any disruption in our operations due to such events could result in production delays and financial losses."
4. Regulatory Risk: Companies may highlight risks related to changes in regulations or legal proceedings:
   "The regulatory environment in which we operate is subject to change. New regulations or legal actions could impact our business operations and financial results."
5. Competition Risk: Companies may discuss the competitive landscape and how it affects their business:
   "Our industry is highly competitive, with new entrants and existing competitors. Intense competition could lead to pricing pressures and reduced market share."
6. Technology Risk: In technology-driven sectors, companies might address technology-related risks:
   "Our business relies heavily on technology platforms. Any cybersecurity breaches or technological failures could compromise our data security and reputation."
7. Supply Chain Risk: Companies may disclose risks associated with their supply chain:
   "We source critical raw materials from a limited number of suppliers. Disruptions in the supply chain due to factors like supplier bankruptcy or geopolitical issues could impact our production."
8. Environmental and Sustainability Risk: Companies may address environmental and sustainability concerns:
   "Environmental regulations are becoming more stringent. Non-compliance with environmental standards or reputational damage related to sustainability issues could harm our business."
9. Credit Risk: For financial institutions, credit risk is a significant concern:
   "We have exposure to credit risk through our lending activities. Economic downturns or defaults by borrowers could lead to loan losses."
10. Litigation Risk: Companies may disclose ongoing or potential legal actions:
    "We are currently involved in several legal proceedings. Unfavourable outcomes in these cases could result in financial liabilities."