Disclaimer

1. Scope of Disclaimer
General Explanation of This Statement's Application

This Disclaimer provides an explanation of the nature and limitations of information presented on the WCapital Perspectives site. This document applies to all content that contains explanations about stocks, capital markets, and related financial topics on the site. Its scope includes articles, supporting text, illustrations, and other elements presented as reading material for visitors. This statement does not apply to other sites that may be accessed through external links from WCapital Perspectives, as content management of those sites is outside WCapital Perspectives's control. By reading this Disclaimer, visitors understand that information on the site is used only as a general reference and is not intended as a basis for making personal decisions.

2. Nature of Information on WCapital Perspectives Site
Content for Informational Purposes Only

Content on the WCapital Perspectives site is compiled to present general information about stocks and capital markets in the form of explanations, definitions, and context. This information describes basic concepts, process flows, and general risk descriptions without containing instructions for specific actions. Each article is written with a descriptive approach, so visitors can understand the structure and mechanisms of capital markets in general. Content is not compiled to accommodate individual circumstances, such as specific financial needs or investment objectives. Therefore, visitors are expected to view content as general information that can be combined with other sources if needed.

3. Not a Recommendation or Investment Advice
Statement of Content Function Limitations

WCapital Perspectives does not provide recommendations, guidance, or professional advice in the field of stocks, capital markets, or finance in general. Information about instruments, risks, and processes in capital markets is presented only as an explanation of how they work and characteristics related to these topics. No part of the content is intended as a call to action to buy, sell, or hold any financial instruments. Explanations of loss risks, price fluctuations, or market situation examples cannot be interpreted as advice to take or avoid specific actions. Visitors are fully responsible for assessing the need for additional information or professional opinions outside the WCapital Perspectives site before making decisions related to finance or stocks.

4. Limitations of Information Accuracy and Updates
Changes in Market Conditions and Supporting Data

WCapital Perspectives strives to present accurate information at the time of writing, but content can be affected by changes in market conditions, economic developments, or policy changes that occur after publication. Information about stocks and capital markets is dynamic in nature, so explanations on the site do not always reflect the most current state. Writing errors, concept simplifications, or data limitations may occur without intent to mislead. WCapital Perspectives does not represent that all content is always complete or current at each time of visit. Visitors are advised to consider publication time and combine information from other relevant sources if they need a current picture of a topic.

5. Visitor Responsibility for Information Use
Decision Making and Content Interpretation

Visitors are responsible for how they interpret and use information available on the WCapital Perspectives site. Content does not consider personal circumstances, risk profiles, or specific objectives of each visitor. Any decision made based on information on the site, including decisions related to capital market activities, is the individual visitor's responsibility. WCapital Perspectives does not regulate how information will be combined with other data or how visitors will follow up on explanations read. Thus, the site functions as a source of general explanation, while final assessment of information relevance is in the visitors' hands.

6. Links and References to Third Parties
Explanation of External Content

The WCapital Perspectives site may contain links to other sites as additional references for explanations or supporting data. These links are provided solely to provide context or access to information generally related to stock and financial topics. WCapital Perspectives does not control the content, policies, or structure of linked third-party sites. Information, services, or other materials available on external sites are under the responsibility of their respective managers. Visitors are advised to read the terms and policies on third-party sites before using information or features available there. Use of external links is done entirely at the visitor's own discretion.

7. Limitation of WCapital Perspectives Liability
Losses Related to Information Use

To the extent permitted by applicable law, WCapital Perspectives is not responsible for direct, indirect, or other forms of damage that may arise from the use of information on the site. This includes, among other things, losses related to changes in portfolio value, system disruptions, or decisions made based on content interpretation. WCapital Perspectives is also not responsible for technical issues such as network disruptions, access delays, or display errors that may occur due to factors beyond the site manager's control. This limitation of liability is applied because the site functions as a general information medium and not as a transaction execution platform or professional consultation. Visitors need to consider risks inherent in the use of electronic information in any form.

8. Changes to Disclaimer
Updates and Implementation of New Versions

WCapital Perspectives may update this Disclaimer from time to time to accommodate changes in content structure, site developments, or adjustments to applicable legal frameworks. Any changes will be reflected in the "Last Updated" section at the beginning of this document. The latest version of the Disclaimer will replace previous versions and be effective from the date that update is displayed. Visitors are advised to review the Disclaimer page periodically to learn about current explanations of the nature and limitations of information on the WCapital Perspectives site. Thus, site use can be done based on appropriate understanding of the role and function of the content presented.