185000000 IT Holding Finance SA

studies conducted by third-party sources that we believe to be reliable. Industry publications and such reports
generally state that the information contained therein has been obtained from sources believed to be reliable but that the
accuracy and completeness of such information is not guaranteed and in some instances state that they do not assume
liability for such information. Therefore, we cannot assure you of the accuracy and completeness of such information,
and we have not independently verified such information.
In addition, in many cases we have made statements in this annual report regarding our industry and our position in the
industry based on internal surveys, industry forecasts, market research, as well as our own experience. While we
believe these statements to be reliable, they have not been independently verified and we do not make any
representation or warranty as to the accuracy or completeness of the market and industry information set forth in this
annual report.
FORWARD-LOOKING STATEMENTS
This annual report includes forward-looking statements. In some cases, these forward-looking statements can be
identified by the use of forward-looking terminology, including the terms “aim”, “anticipate”, “believe”, “continue”,
“could”, “estimate”, “expect”, “intend”, “may”, “plan”, “potential”, “should”, “will” or “would” or, in each case, their
negative, or other variations or other comparable terminology. These forward-looking statements include all matters
that are not historical facts, including statements regarding our future financial position, results of operations, strategy,
plans, objectives, goals and targets and future market and industry development. They appear in a number of places
throughout this annual report and include statements regarding our intentions, beliefs or current expectations
concerning, among other things, our financial condition, results of operations, liquidity, prospects, growth, strategies
and the industry in which we operate.
By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on
circumstances that may or may not occur in the future. We caution you that forward-looking statements are not
guarantees of future performance and that our actual results of operations, financial condition and liquidity and the
development of the industry in which we operate may differ materially from those made in or suggested by the
forward-looking statements contained in this annual report. In addition, even if our financial condition, results of
operations and liquidity and the development of the industry in which we operate are consistent with the
forward-looking statements contained in this annual report, those results or developments may not be indicative of
results or developments in future periods. Important factors that could cause those differences include, but are not
limited to:
• risks related to our access to capital;
• risks related to our ability to maintain and renew our license agreements;
• risks related to our competitive position;
• risks related to the reputation of our owned and licensed brands;
• risks related to levels of consumer spending and economic conditions generally;
• risks related to our ability to anticipate trends and respond to consumer preferences;
• risks related to our brand trademarks and other intellectual property rights;
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