Toto Spa Costruzioni Generali

Disclaimer
Toto S.p.a. Costruzioni Generali (“TOTO”) makes no representation or warranty, express or
implied, as to the accuracy or completeness of the information contained in this document,
and nothing contained herein is, or shall be relied upon, as a promise or a representation,
whether as to the past, the present, or the future. Additionally, this document does not
represent legal advice of any kind. Future results or values could be materially different from
any forecast or estimate contained in these analyses.
This report is solely for internal use. No part of it may be circulated, quoted, or reproduced for
distribution outside the organization, without prior written approval from TOTO. It is not
intended to, and may not be, relied upon by any person or entity and, therefore, any person or
entity who receives this document or the information contained herein, with TOTO’s
permission or otherwise, is hereby put on notice that (i) they are responsible for their own
analyses and may not rely on any information contained herein, and (ii) TOTO makes no
representations or warranties, including with respect to the accuracy or completeness of the
information contained herein or any other written or oral communication transmitted or made
available to the third party, and expressly disclaims any and all liabilities based on such
information or on omissions therefore.
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