Research & Thinking disclaimer statement

Delux Group Management, Development & Holding GmbH (further “Delux”) produces and shares research, insights, commentary, and hosts events intended to stimulate dialogue and provide value to entrepreneurs, operators, and decision-makers. We utilize a broad range of public, private, and internal data sources including, but not limited to, Deutsche Bank Research, data providers covering publicly listed companies, and proprietary research conducted by bookingkit GmbH. While we believe these sources to be reliable, Delux makes no representation as to the accuracy, completeness, or timeliness of the information provided.

The views expressed in our publications, analyses, presentations, and events reflect the opinions of Delux as of the date of publication and are subject to change without notice. These views are not intended to be a forecast or guarantee of future events or results.

Delux, its affiliates, or its principals may have ownership stakes in, act as advisors to, or receive compensation or other benefits from companies, products, or individuals mentioned in our materials or participating in our events. This may include speakers at events hosted or co-hosted by Delux. Where individuals speak at Delux events or appear in related content, their inclusion does not imply endorsement or neutrality. While we aim to maintain independence and objectivity in our selection of topics and speakers, readers and participants should assume that potential conflicts of interest may exist.

Delux commits to presenting content and recommendations free from undue influence. No recommendation, presentation, or opinion should be construed as financial, legal, tax, or investment advice. Nothing contained in our materials constitutes a solicitation, offer, or recommendation to buy or sell any security or investment product, or to engage in any specific investment strategy.

Any decisions made based on our content, events, or publications are made at the sole discretion of the reader or participant and at their own risk. We strongly encourage all individuals to seek appropriate professional advice tailored to their specific circumstances before acting on any information provided by Delux.

All investments carry risk. Market conditions, volatility, and unforeseen developments may significantly affect actual results. Past performance is not indicative of future results.

Our content and events are not intended for distribution or use in jurisdictions where such use would be contrary to law or would subject Delux to regulatory requirements. Participation in any Delux-hosted event or engagement with our research implies acceptance of these terms.