Any of KPMG’s reports dated as above were prepared by KPMG, a New Zealand partnership (KPMG), solely in accordance with the terms set out in the engagement letter agreed between KPMG and Trust Horizon and for no other purpose. Other than KPMG’s responsibility to Trust Horizon, to the maximum extent permitted by law, none of KPMG, any entities directly or indirectly controlled by KPMG, or any of their respective members or employees (together, 'KPMG et al') undertakes responsibility arising in any way from reliance placed by a third party on this report. Any reliance placed is that party’s sole responsibility. To the maximum extent permitted by law, KPMG et al expressly disclaim any and all liability for any loss or damage of whatever kind to any person acting on information contained in KPMG’s report, other than Trust Horizon.

Nothing in these reports constitutes legal advice or legal due diligence and no one should act upon any such information without seeking independent legal advice.