Pursuant to the second paragraph of Article 17 of the Securities Markets Law (recast text approved by Royal Legislative Decree 4/2015, of 23October), the Comisión Nacional del Mercado de Valores(National Securities Market Commission)warns that:

Alpha Group Holding

Capital Hedge Management


is not authorised to provide the investment servicesdetailed in Article 140 of the Securities Markets Law, which include investment advice, orto provide the auxiliary services detailed in letters a), b), d), f) and g) of Article 141 of the said Law in relation to the financial instruments detailed in Article 2 of the said Law, including, forthose purposes, foreign currencytransactions.

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