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Limitation of liability
Our providing of information on the following websites does not, and is not intended to nor shall it be construed to, constitute an offer to sell or a solicitation of any offer to buy any securities by or on behalf of SAP AG or any of its affiliates in any jurisdiction. Securities discussed herein may not be eligible for sale in certain jurisdiction or to certain persons and may not be suitable for all types of investors, and the same may apply with regard to the distribution of any information made available on the following websites that pertains to these securities. In particular, the following web pages are not an offer of securities in the United States of America, and securities of SAP may not be offered or sold in the United States of America absent registration under the U.S. Securities Act of 1933 or an exemption from registration. SAP does not intend to register any offering of securities in the United States of America nor any public offer.
Neither SAP AG nor any of its affiliates have taken any steps to ensure that the securities referred to in the following websites are suitable for any particular investor. Accordingly, nothing in the websites should be regarded as investment advice being provided by SAP AG or any of its affiliates or a solicitation or a recommendation by SAP AG or any of its affiliates that any particular investor should subscribe, purchase, sell, hold or otherwise deal in any securities. The viewer is exclusively responsible for conducting his or her own investigation and analysis of the information in the websites and for evaluating the merits and risks involved in investing in the securities that are referred to herein. Before making any investment decision, viewers should refer to existing public information and obtain professional advice.
THE INFORMATION AND DOCUMENTS CONTAINED ON THIS WEBSITE ARE NOT DIRECTED AT AND MAY NOT BE VIEWED BY OR DISTRIBUTED TO ANY PERSON RESIDENT IN THE UNITED STATES OF AMERICA.
By entering the following parts of this website you confirm that you are not a resident of the United States of America and that you will not distribute any of the information and documents contained thereon to any person resident in the United States of America.
You further acknowledge that the following information and documents neither constitute an offer nor an invitation nor a recommendation to subscribe to or to purchase, to hold or sell securities.
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