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Any securities of Kuwait Projects Company (Holding) KSC (Closed) ("KIPCO") discussed or referred to in the materials you are seeking to access have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"). Accordingly, any such securities may not be offered or sold in the United States or to U.S. persons (as such terms are defined in Regulation S under the Securities Act) unless such offer or sale is registered under the Securities Act or an exemption from registration is available. Hedging transactions involving such securities may not be conducted unless in compliance with the Securities Act. Such securities also have not been registered under the applicable securities laws of Australia, Canada, the United Arab Emirates and Japan and may not be offered or sold there or in any other jurisdiction if to do so would constitute a violation of the relevant laws of, or require registration thereof in, such jurisdiction.
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