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THIS DOCUMENT IS FOR INFORMATION PURPOSES ONLY. IT DOES NOT CONSTITUTE A REGISTRATION DOCUMENT OR AN INFORMATION PROSPECTUS, AND MUST NOT BE TREATED AS AN OFFER OF ANY KIND. THIS DOCUMENT MAY NOT BE DISSEMINATED, PUBLISHED OR DISTRIBUTED DIRECTLY OR INDIRECTLY IN THE UNITED STATES OF AMERICA, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA OR IN ANY OTHER JURISDICTION WHERE THE DISTRIBUTION OF SAME IS ILLEGAL.

This document may not be distributed or published either directly or indirectly, totally or partially, in the United States of America (“USA”) or in any other jurisdiction in which it could constitute an infringement of legislation applicable to said jurisdiction. The information set out in this document does not constitute an offer of sale or an offer of purchase of securities in the USA. The shares or other securities of Inmobiliaria Colonial, SOCIMI, S.A. referred to in this document have not been and shall not be registered under the USA’s 1933 Securities Act, as amended, and may not be offered or sold in the USA unless they have previously been registered in accordance with said legislation or are covered by an exemption applicable to this obligation of registration. There is no intention to register a portion of the bid in the USA, or to make a public offer of securities in the USA. No monies, securities or any other kind of consideration are being requested by means of this information, and should any monies, securities or any other kind of consideration be sent in response to this information, they shall not be accepted. The issue, exercise or sale of securities in the bid are subject to legal and regulatory restrictions in certain jurisdictions. Inmobiliaria Colonial, SOCIMI, S.A. undertakes no liability in the event of an infringement by a party of such restrictions. This information does not constitute an offer of sale, or a request for an offer of purchase or acquisition of any shares, rights or other securities of Inmobiliaria Colonial, SOCIMI, S.A., and no sales may be made in any jurisdiction in which such offers, requests or sales could constitute an infringement of legislation applicable to said jurisdiction. The effectiveness of the bid is in any case subject to mandatory authorisation by the Spanish Securities and Exchange Commission (Comisión Nacional del Mercado de Valores). The detailed terms and characteristics of the bid shall be set out in the explanatory prospectus, which shall be published in the terms stipulated in the regulations applicable when the aforesaid authorisation has been obtained.

Legal notice and privacy policy

1. Pursuant to article 10 of Law 34/2002, of 11 July, on Information Society Services and E-Commerce, given below are the identification details of Inmobiliaria Colonial, S.A. (hereinafter "Colonial"), the owner of the web domain www.inmocolonial.com

Company Name: Inmobiliaria Colonial, S.A.
Registered Office: Castellana 52, 28046, Madrid 
Contact Information: Avenida Diagonal 532, 08006, Barcelona; Telephone: 93 404 79 00; email: infocolonial@inmocolonial.com
Registry Details: Inscribed in the Mercantile Registry of Barcelona, Volume 39608, Book 0, Folio 63, Page B-347795, Entry 276ª
Tax Code (CIF): A28027399

2. USERS: The access and/or use of this website by any person confers USER status on them, and they thereby accept, as of the moment of said access and/or use, the General Terms and Conditions of Use given here.  These Conditions shall be applied independently of the General Terms and Conditions of Contract, of which compliance is mandatory. 

3. USE OF THE WEBSITE: www.inmocolonial.com provides access to a wealth of information, services, programs or data (hereinafter, "the content") on the Internet belonging to Colonial or third parties. THE USER is responsible for their use of the website. This responsibility extends to any registration that may be necessary to access certain website services or content. In undertaking such registration, the USER shall be responsible for providing truthful and lawful information. As a consequence of this registration, the USER may be provided with a password for which they shall be responsible, undertaking to make diligent and confidential use of it. The USER undertakes to make appropriate use of the content and services (e.g. discussion forums, communication channels) that Colonial offers by means of its website, including, but not limited to, refraining from using said content and services to (i) engage in activities that are illicit, illegal or contrary to good faith or public order; (ii) propagate content or propaganda of a racist, xenophobic or pornographic nature, that apologizes for terrorism or infringes human rights; (iii) cause damage to physical and logical systems belonging to Colonial, their suppliers or third parties, upload to the network or propagate computer viruses or any other physical or logical systems that could provoke the aforementioned damaged; (iv) attempt to access and, if applicable, use the email addresses of other users and modify or manipulate their messages. Colonial reserves the right to remove any comments and contributions that violate respect for the dignity of individuals of a discriminatory, xenophobic, racist or pornographic nature, that threaten young people or children, order or public security or that, in Colonial's opinion, are not suitable for publication. In any case, Colonial shall not be responsible for the opinions expressed by users through forums or other participatory tools. 

4. PRIVACY AND DATA PROTECTION:  In compliance with Spanish Organic Law 15/1999 of 13 December, on Personal Data Protection (LOPD), we inform you that your personal data will be registered in a file owned by Inmobiliaria Colonial, SA, for the proper management of the consultations. You may exercise your rights of access, rectification, cancellation and opposition to the processing of your personal data by writing to the following address: Inmobiliaria Colonial, S.A., Avenida Diagonal, 532, 08006 Barcelona, or at the email address: informacio@inmocolonial.com.

5. INTELLECTUAL PROPERTY: All the content of the Colonial website, understood as, but not limited to, texts, documents, photographs, drawings, images, icons, graphics, audiovisual or sound content, along with its graphic design and source code, trademarks, trade names or other distinctive signs, are the exclusive property of Colonial or third parties and are protected by Intellectual Property law, unless otherwise specified.  
Consequently, the user must always respect all intellectual property rights of Colonial or third parties relating to the Colonial website, with any form of exploitation, reproduction, distribution, modification, public communication, removal or transformation, or any other dissemination of information or elements contained on the Colonial website referred to in this section, being strictly forbidden in any format or by any medium not expressly and previously authorized by their respective owners. The content of this website may be viewed, printed, copied and stored on the hard disk of their computer or on any other physical device provided it is uniquely and exclusively for their own personal and private use and not for any commercial purposes.
Infringement of any of these rights may constitute a breach of these conditions, a breach of Intellectual Property law and an offense punishable under articles 270 et seq. of the Spanish Criminal Code.  

6. EXCLUSION OF GUARANTEES AND LIABILITY: Colonial does not guarantee continuous access, nor the correct viewing, download or use of the elements and information contained on the Colonial website, which may be impeded, hindered or interrupted by factors or circumstances outside of its control. 
Colonial is not responsible for the information and other content included in spaces or websites of third parties that is accessible via links or hyperlinks on the Colonial website, www.inmocolonial.com, nor the information or content of any third-party website using the same design and distinctive signs used by Colonial. 
Colonial assumes no responsibility regarding any content accessed through the Colonial website, but provided by third party persons or entities, and in particular for loss and damage of any kind, connected to this, which may arise from: (i) the absence of or deficiencies in the information supplied to users or in its truthfulness, accuracy or completeness; (ii) breach of or defective or unpunctual compliance with contracts or pre-contractual relationships; (iii) breach of the duties incumbent upon information society service providers; (iv) infringement of the rights of consumers and users; (v) infringement of intellectual property rights; the carrying on of acts of unfair competition or illicit advertising; (vi) infringement of data protection rights; of professional secret and the right to reputation, to personal and family privacy and to the image of persons; and (vii) in general, violation of any applicable laws, customs or codes of conduct. 
Colonial accepts no liability whatsoever for any damages, losses, claims or expenses arising from: (i) interference, interruptions, faults, omissions, telephone breakdowns, delays, obstructions or disconnections in the operation of the electronic system caused by deficiencies, overloads or errors in telecommunications lines and networks, or to any other cause beyond the control of Colonial; (ii) illegal interference by mean of the use of malware of any kind or via any means of communication, such as computer viruses or any other type; (iii) improper or incorrect use of the Colonial website; (iv) security or navigation errors caused by improper working of the browser or by the failure to use the latest versions. 
In any case, the USER of the Colonial website shall be liable for the damage or loss of any kind that Colonial may suffer as a result of a breach by the USER of the obligations to which they are bound by this Legal Notice, or by particular conditions which may apply to them. 

7. SECURITY POLICY: The creation of links to the Colonial website from third-party webpages without the express written authorization of Colonial is prohibited. 
Access to the website does not imply any obligation on the part of Colonial to control the absence of viruses or other harmful computer element.  It is the USER who is responsible, in any case, for the availability of suitable tools for the detection and removal of harmful computer programs.
Colonial is not responsible for any damage to computer equipment by users or third parties during their access to the Colonial website. 

8. MODIFICATIONS: Colonial reserves the right, without prior notification, to make those modifications to its website it deems appropriate. It may change, remove or add both content and services provided through the website, or the form that they appear or can be found on it.

9. RIGHT TO EXCLUSION: Colonial reserves the right to restrict access to the website and/or the services offered without the need for prior notice, at its own request or that of a third party, for any users who do not comply with the General Terms and Conditions of Use, and their subsequent modifications.  

10. GENERAL TERMS AND CONDITIONS: Colonial shall pursue any breach of the present terms and conditions and any improper use of its website, instigating any civil and criminal proceedings to which it may be lawfully entitled. 

11. MODIFICATION OF THE PRESENT TERMS AND THEIR DURATION: Colonial may modify the terms determined here at any time, being duly published as appearing herein. The current validity of such conditions shall depend on their announcement and these shall be in force until they are modified by other conditions, duly published. 

12. APPLICABLE LEGISLATION AND JURISDICTION: For the resolution of any dispute which may arise from accessing the website, the USER and Colonial expressly agree to submit themselves to prevailing Spanish legislation and to the jurisdiction of the courts of the city of Barcelona waiving any general or special jurisdiction that may correspond.