The above-mentioned investment recommendations and analysts' appraisals are not based on studies conducted by SGL Carbon SE, but on studies, reports, recommendations or evaluations carried out by third parties, in particular by equity research analysts. References to such recommendations and evaluations are provided strictly for non-binding information purposes. SGL Carbon SE does not in any way adopt, support or confirm the recommendations, opinions or conclusions of the equity research analysts. SGL Carbon SE assumes no liability whatsoever as to the selection, topicality, completeness or accuracy of the analysts' recommendations and assessments mentioned above. Neither this website nor the information contained herein constitute an offer or solicitation by SGL Carbon SE to purchase its shares. SGL Carbon SE assumes no liability for damages suffered by third parties as a result of the information contained in this website.