Bonds

Notification for investors

The above is not an offer to buy or sell any financial instrument. Before making any investment decision, it is the responsibility of every investor to obtain detailed information about the intended investment. Trading bonds is associated with a number of risk factors that may affect the return on investing in notes. Dematerialized debt securities are not bank deposits and are not insured within the Deposit Insurance Fund. The higher the expected return, the higher the potential risk is. Term of the investment influences the level of risk. Also, returns vary depending on fluctuating foreign exchange rates. The value of the amount invested and the gain therefrom may rise or fall and return of the originally invested amount is not guaranteed. Past performance and expected performance do not guarantee future performance. Raiffeisenbank a.s. gives no guarantee in respect of the bonds offered for sale to clients. With regard to unforeseeable fluctuations and events in financial markets and risk associated with investment instruments, the client's investment objective may not be achieved. In the case of insolvency of the issuer the client bears the risk of losing the entire investment. Remuneration and cost of Raiffeisenbank a.s. as agreed in the contractual documents, or remuneration and fees as stated in the list of fees and charges of Raiffeisenbank a.s. must be deducted from gains from investments. Taxation of the client’s assets always depends on the client’s personal situation and may change. Raiffeisenbank a.s. does not render tax, legal or accounting advice and thus the responsibility associated with the consequences of investments rests fully with the client. The investment service offer must not be presented to clients defined as US persons.