Terms and Conditions

Your access to and use of the web sites (“Services”) of Sands Capital are conditioned on your acceptance of and compliance with these Terms of Use (“Terms”). By accessing or using the Services, you agree to be bound by these Terms. If you are accepting these Terms and using the Services on behalf of a company, organization, government, or other legal entity, you represent and warrant that you are authorized to do so. You may use the Services only in compliance with these Terms and all applicable local, state, national, and international laws, rules, and regulations.

OWNERSHIP
All materials on this web site are owned or licensed by Sands Capital and/or its third-party providers and are protected by U.S. and international intellectual property laws. Unless otherwise indicated, all service marks, trademarks, and logos appearing on this web site are the exclusive property of Sands Capital. The information, materials, and other content of this web site may not be copied, displayed, distributed, downloaded, licensed, modified, published, reposted, reproduced, reused, sold, transmitted, used to create a derivative work, or otherwise used for public or commercial purposes without the express written consent of Sands Capital.


PRODUCTS AND SERVICES
The information, materials, products, and services on this web site are current at the time of writing and are subject to change. Not all products and services are available in all geographic areas. Your eligibility for particular products or services is subject to determination by and the approval of Sands Capital. No solicitation is made by Sands Capital to any person to use any information, materials, products, or services in any jurisdiction where the provision of such information, materials, products, and services is prohibited by law.


The information on this web site or in any communication containing a link to this web site is not intended to constitute investment advice or an offer to sell, or the solicitation of an offer to purchase shares or other securities.


Investment products and services are available through Sands Capital. Investment products and services are not FDIC-insured, are not deposits or obligations of, or guaranteed by, any bank, and involve investment risks, including the possible loss of the principal amount invested. Investors should always obtain and read an up-to-date investment services description or prospectus before deciding whether to appoint an investment manager or invest in a fund.


INTERNATIONAL USE
Sands Capital makes no warranties that materials on this web site are appropriate for use in countries other than the United States. Because the web site may be accessed internationally, you agree to comply with all local laws, rules, and regulations including, without limitation, all laws, rules and regulations in effect in the country in which you reside and the country from which you access the web site. The information on this web site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject Sands Capital or its affiliates to any registration requirement within such jurisdiction or country.


NO WARRANTY

Sands Capital does not warrant the accuracy, adequacy, completeness, or timeliness of the information, materials, products, and services on this web site or the error-free use of this web site. All information, materials, products, and services are “as is” and “as available.” No warranty of any kind, express or implied, including but not limited to the warranties of non-infringement of third-party rights, title, merchantability, fitness for a particular purpose, and freedom from computer virus is given in conjunction with the information, materials, products, and services. Any views expressed herein are those of the author(s), are based on available information, and are subject to change without notice. Individual portfolio management teams may hold different views and may make different investment decisions for different clients. Sands Capital does not warrant that the web site will meet your needs. You agree to assume the entire risk as to your use of the web site.


LIMITATION OF LIABILITY

In no event will Sands Capital be liable for any damages, losses, or liabilities including without limitation, direct or indirect, special incidental, consequential damages, losses, or liabilities, in connection with your use of this web site or your reliance on or use or inability to use the information, materials, products, and services on this web site, or in connection with any failure of performance, error, omission, interruption, defect, delay in operation or transmission, computer virus, or line or system failure, even if Sands Capital is advised of the possibility of such damages, losses, or expenses.


YOU UNDERSTAND AND AGREE THAT YOUR USE OF THIS WEB SITE IS PREDICATED UPON YOUR WAIVER OF ANY RIGHT TO SUE SANDS CAPITAL OR ITS AFFILIATES DIRECTLY OR TO PARTICIPATE IN A SUIT FOR ANY LOSSES OR DAMAGES RESULTING FROM YOUR USE OF THIS WEB SITE.


INDEMNIFICATION
As a condition of your use of the Services, you agree to indemnify and hold Sands Capital, its affiliates, and its and their respective partners, directors, employees, and agents harmless from and against any and all claims, losses, liability, costs, and expenses (including but not limited to attorneys’ fees) arising from your use of the web site or from your violation of these Terms.


HYPERLINKS
Your use of the hyperlinks on this web site to other Internet web sites is at your own risk. Sands Capital is not responsible for the content or accuracy of third-party web sites hyperlinked from this web site, nor does it guarantee the products or services offered on third-party web sites. You should review the privacy statements of a web site before you provide any personal or confidential information.


WEB SITE SECURITY AND RESTRICTIONS ON USE
As a condition to your use of Services, you agree that you will not, and you will not take any action intended to: (i) access data that is not intended for you; (ii) invade the privacy of, obtain the identity of, or obtain any personal information about any other user of this web site; (iii) probe, scan, or test the vulnerability of this web site or Sands Capital’s network or breach security or authentication measures without proper authorization; (iv) attempt to interfere with service to any user, host, or network or otherwise attempt to disrupt our business; or (v) send unsolicited mail, including promotions and/or advertising of products and services. Unauthorized use of the web site or Services, including but not limited to unauthorized entry into Sands Capital’s systems, misuse of passwords, or misuse of any information posted to a web site, is strictly prohibited. Portions of the web site may be designated for password access only. In these instances, if you do not have an authorized password, no access is permitted.


THIRD-PARTY CONTENT
Sands Capital may offer links to other third-party websites. When you click on these links you will leave Sands Capital’s website and will be redirected to another site. The links are provided solely for your convenience and for informational purposes only; they do not constitute an endorsement, guarantee, or an approval by Sands Capital of any of the products, services, or opinions of the third party. Sands Capital makes no representation or warranty regarding the accuracy, legality, or content of the third-party site or the links. These sites are not under the control of Sands Capital. Please also be aware that the security and privacy policies on these sites may be different than those of Sands Capital. Please read third-party privacy and security policies closely. If you have any questions or concerns about the products and services offered on linked third-party websites, please contact the third party directly.


CONFIDENTIALITY AND PASSWORD SECURITY

Certain parts of this web site may be protected by passwords or require a login. You are responsible for maintaining the confidentiality of any user names, passwords, security questions, and answers. All information available through the privileged area of the site is confidential and proprietary to us. This includes all investment information and results, offering materials, financial statements, and other information provided through this part of the site.


You will use your best efforts to keep all this information strictly confidential. You will not disclose any of this information to any person or use it for any purpose other than those strictly permitted by us, in writing.


SEVERABILITY
If any provision of these Terms is deemed unlawful, void, or for any reason unenforceable, then that provision will be reformed only to the extent necessary to make it enforceable, and it will be deemed severable from these Terms and will not affect the validity and enforceability of the remaining provisions.


APPLICABLE LAW
These Terms and any action related thereto are governed by Virginia law and applicable US federal law. Any dispute relating to the above shall be resolved solely in the state or federal courts located in Virginia.


CHANGES TO TERMS OF USE
We may revise these Terms from time to time; the most current version will always be at https://www.sandscap.com/sands-capital/terms-and-conditions/. By continuing to access or use the Services after those revisions become effective, you agree to be bound by the revised Terms.


Effective as of December 9, 2020.