Electronic purchase, sale or other requests: Please do not use e-mail or other electronic communication to request or authorize the purchase or sale of any security or commodity, send fund transfer instructions, or otherwise conduct any securities transactions. Any requests, orders, instructions, or time-sensitive messages sent by e-mail cannot be accepted or processed by Stifel. The accuracy of any information sent by Stifel through e-mail cannot be warranted or guaranteed by Stifel or its affiliates.

Electronic messages are not intended as an official communication: Unless otherwise agreed, an electronic message is not intended as an official document or confirmation, and we do not accept responsibility for, or guarantee it to be, accurate, timely, secure, error or virus-free. The information in this communication is provided purely as an informational courtesy. In the event of a conflict between this communication and official communications (i.e. statements, confirmations, etc.) of Stifel, the official communication controls. Please contact the sender if you do not wish to receive any more electronic mail messages.

We retain copies of messages and monitor them. All electronic messages sent to and received by Stifel are subject to review by Stifel. Stifel may retain and reproduce electronic messages for state, federal or other regulatory agencies as required by applicable law in a manner and in a location within Stifel's discretion. There should be no expectation of privacy when Stifel associates, third parties or clients use Company systems, even when used for personal and/or non-work related communications.

Information transmitted over the Internet may not be secure. Stifel makes no representation or warranty that electronic messages will be confidential. Electronic messages may be intercepted or accessed by unauthorized or unintended parties, may not arrive at the intended destination, or may not arrive in the form transmitted.

Electronic messages may be delayed, and information in electronic messages may be not be up to date and may not be updated. Electronic message communications cannot be guaranteed to be timely, secure or error free. Information provided speaks only as of its date. Stifel has not undertaken, and will not undertake, any duty to update the information or otherwise advise you of changes in our opinion or in the research or information we make available to you.

Electronic messages are not research reports. Unless otherwise noted, electronic messages do not constitute Stifel research even if they refer to a research or analyst report. Unless otherwise indicated, any views expressed are those of the author alone and may differ from others within Stifel, including those of Stifel's Research Department. Past performance is not indicative of future returns. For additional Stifel research disclaimers and disclosures, please see here

Stifel or its affiliates may have a relationship with entities discussed in electronic communications. Stifel does and seeks to do business with companies that may be mentioned in electronic communication, and may act as a principal or market maker of the securities or instruments mentioned or may act as an advisor to (or seek to advise) the issuer.