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Disclaimer

These materials have been prepared by Global Transport Investments Inc. (the “Company”). These materials are strictly confidential to the recipient, may not be distributed to the press or any other person, and may not be reproduced in any form, in whole or in part.

The Company has included its own estimates, assessments, adjustments and judgments in preparing certain market information herein, which have not been verified by an independent third party. Market information included herein is, therefore, unless otherwise attributed exclusively to a third party source, to a certain degree subjective. While the Company believes that its own estimates, assessments, adjustments and judgments are reasonable and that the market information prepared by the Company appropriately reflects the industry and the markets in which it operates, there is no assurance that the Company’s own estimates, assessments, adjustments and judgments are the most appropriate for making determinations relating to market information.

Neither the Company nor any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of these materials or contents thereof or otherwise arising in connection with these materials.

Neither these materials nor any part thereof, nor the fact of distribution thereof, shall form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever.

The Company has not registered and does not intend to register any portion of the securities offering in the United States. The securities may not be offered or sold in the United States except pursuant to an exemption from, or transaction not subject to, the registration requirements of the U.S. Securities Act of 1933.

In any member state of the European Economic Area, these materials are directed only at persons who are qualified investors within the meaning of article 2(1)(e) of the Prospectus Directive (2003/71/EC) (“Qualified Investors”). In addition, in the United Kingdom, these materials are directed at: (i) investment professionals falling within article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the “Order”) and (ii) high net worth individuals, and other persons to whom they may lawfully be communicated, falling within article 49(2)(A) to (D) of the Order (such persons together with Qualified Investors, being “Relevant Persons”). In these jurisdictions, persons who are not Relevant Persons must not rely on or act upon the information contained in these materials or any of its contents. Any investment or investment activity to which these materials relate is only available to Relevant Persons and will be engaged in only with Relevant Persons. The recipients of the information contained herein should not base any behavior that would amount to market abuse for the purposes of the Financial Services and Markets Act 2000 (“FSMA”) and the Code of Market Conduct made pursuant to the FSMA on the information in these materials or any information provided or discussed in connection with it.

These materials do not constitute a public offer or an advertisement of securities in Russia and must not be made publicly available in Russia. The securities have not been and will not be registered in Russia and are not intended for "placement" or "public circulation" in Russia.

Neither these materials nor any copy thereof may be taken or transmitted into Australia, Canada or Japan or to Canadian persons or to any securities analyst or other person in any of those jurisdictions. Any failure to comply with this restriction may constitute a violation of Australian, Canadian or Japanese securities law. The distribution of these materials in other jurisdictions may be restricted by law and persons into whose possession these materials come should inform themselves about, and observe, any such restrictions. The Company has not registered and does not intend to register any portion of the offering under the applicable securities laws of Australia, Canada or Japan, and, subject to certain exceptions, the securities may not be offered or sold within Australia, Canada, or Japan or to any national, resident or citizen of Australia, Canada or Japan.

These materials are not directed at, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing within such jurisdiction. Persons into whose possession these materials come should inform themselves about, and observe, any such restrictions.

Matters discussed in these materials may constitute forward-looking statements. Forward-looking statements are not statements of historical facts and can often be identified by words such as “plans,” “expects,” “intends,” “estimates,” “will,” “may,” "continue," “should” and similar expressions. The forward-looking statements in these materials are based upon various assumptions, many of which are based, in turn, upon further assumptions, including without limitation, management’s examination of historical operating trends, data contained in our records and other data available from third parties. Although we believe that these assumptions were reasonable when made, these assumptions are inherently subject to significant known and unknown risks, uncertainties, contingencies and other important factors which are difficult or impossible to predict and are beyond our control. Such risks, uncertainties, contingencies and other important factors could cause the actual results of the Company or the industry to differ materially from those results expressed or implied in these materials by such forward-looking statements. The information, opinions and forward-looking statements contained in these materials speak only as at the date of these materials, and are subject to change without notice. The Company and its respective agents, employees or advisors do not intend to, and expressly disclaim any duty, undertaking or obligation to, make or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in these materials to reflect any change in events, conditions or circumstances.

 

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