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Ground rules, methodology and other information relating to the Indicative Term Sonia Reference Rates (TSRR) developed by FTSE International Limited (“FTSE”) (the “TSRR Rates”) are available to download from this website. The material accessed on or through this website, including any ground rules, methodology or other information relating to the TSRR Rates (the "Material") and the TSRR Rates itself are governed by the terms and conditions set out below. The TSRR Rates and related Material is: (i) published for internal evaluation purposes only; (ii) not to be relied upon or otherwise used by you as a benchmark in financial instruments and/or contracts or as a measure of the performance of an investment fund, or for the purposes of any issuance, valuation or pricing (including in respect of other financial products) or any other commercial purpose or use whatsoever; (iii) based on a set of data which may be incomplete or evolve, and is further based on methodology that is evolving and which may change without notice (at FTSE's sole discretion); (iv) provided “as-is”, with no commitment or guarantee as to accuracy, timeliness or completeness. Neither FTSE nor any of its licensors or partners makes any warranty as to the underlying data, methodology, Material or the TSRR Rates being fit for any purpose, or the TSRR Rates continuing to be published or published regularly. Additionally, neither FTSE nor any of its licensors or partners gives or enters into any conditions, warranties, representations or other terms as to the accuracy, completeness, reliability of the Material or the TSRR Rates and, to the fullest extent permitted by law, all warranties, conditions and other terms of any kind (whether express or implied) are hereby excluded. Neither FTSE nor any of its licensors or partners will be liable to you for any loss or damage of any kind, whether direct or indirect and whether in contract, tort (including negligence), breach of statutory duty, or otherwise arising under or in connection with the use of, inability to use and/or reliance on the TSRR Rates and/or the Material. All copyright, database rights and other proprietary rights in the TSRR Rates and the Material are and shall remain the property of FTSE. The TSRR Rates are indicative rates and are not, and are not intended to be, used (as “use” is set out in article 3(1)(7) of Regulation (EU) 2016/1011 of the European Parliament and the Council of 8 June 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds (the “European Benchmark Regulation”)) as a benchmark in the European Union and accordingly, the European Benchmark Regulation does not apply to the TSRR Rates. Consequently: (i) supervised entities within the European Union are not permitted to use the TSRR Rates as a benchmark as set out in article 3(1)(7) of the European Benchmark Regulation; (ii) FTSE International Limited is not the benchmark administrator (as defined in article 3(1)(6) of the European Benchmark Regulation) of the TSRR Rates.