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I represent an institutional investor.

I am a sophisticated investor with annual income over €200,000 or net worth over €1,000,000 or a securities portfolio exceeding €500,000 in value (or local currency equivalent).

I am an experienced investor with income between €50,000 and €200,000 or net worth between €200,000 and €1,000,000. I understand the risks of investing and the importance of diversifying my investments.

I am an ordinary, average, investor. I understand the risks of investing.