Terms of Use and Legal Disclaimer

These Terms of Use govern your access to and use of the website of Aventino Partners S.A. This website is published for general informational purposes only and describes the nature of our advisory practice. Please read these terms carefully before using the site.

In these Terms of Use, "Aventino" means Aventino Partners S.A., including its affiliates and representatives — understood as its subsidiaries, parent companies, related companies, companies under common control, and their respective directors, officers, employees, agents, advisors, and consultants.

Acceptance of These Terms

By accessing or using this website, you acknowledge that you have read, understood, and agree to be bound by these Terms of Use. If you do not agree with any part of these terms, please discontinue use of this website.

No Offer or Solicitation

Nothing contained on this website constitutes an offer, invitation, or recommendation to enter into any transaction or to trade in any asset or security, nor an offer to sell or a solicitation of an offer to buy any shares, assets, or business. No content on this website is directed at any person in any jurisdiction in which such an offer or invitation would be unlawful, or in which Aventino is not authorized to operate.

Any offering of securities or engagement of services would be made only pursuant to definitive documentation executed by the relevant parties, and only in compliance with applicable law.

Nothing on this website may be used to satisfy any legal or regulatory requirement applicable to you or arising from the execution of any transaction directly or indirectly related to the content published here.

No Legal, Tax, Accounting, Regulatory, or Investment Advice

The information on this website is general in nature and does not constitute, and must not be construed as, legal, tax, accounting, regulatory, or investment advice, nor a recommendation that any transaction, strategy, or course of action is suitable for any specific person or entity. It does not take into account the particular objectives, financial situation, or needs of any recipient.

The content of this website does not constitute, and must not be construed as, an audit, an accounting review, a due diligence procedure, or a fairness opinion. It does not purport to contain all of the information that may be necessary to evaluate the factors relevant to any person considering a transaction.

Valuations, Estimates, and Forward-Looking Information

Any valuation, market reference, estimate, or transaction description appearing on this website is preliminary, illustrative, and non-binding. Valuation is not an exact science: alternative methodologies or assumptions, reasonably applied, may yield materially different indications of value.

No indication of value on this website constitutes a fairness opinion, an appraisal for legal, tax, regulatory, or accounting purposes, or a prediction of the price at which a transaction may actually be completed, which will depend on, among other factors, negotiation between the parties, the structure of the transaction, competitive dynamics, and market conditions prevailing at the relevant time.

Any estimates or projections reflect assessments based on information available at a given date and may prove inaccurate. Actual results may differ materially as a result of numerous factors, including, without limitation, changes in market, economic, political, and regulatory conditions. No assurance is given that any assumption, estimate, projection, or conclusion presented or relied upon will be achieved or verified, in whole or in part.

No Advisory or Fiduciary Relationship

Use of this website, submission of an inquiry, or correspondence with Aventino does not create an advisory, agency, fiduciary, or client relationship between you and Aventino. In publishing this website, Aventino does not act as your financial advisor, nor as an intermediary or placement agent for securities, and assumes no fiduciary duty or liability of any other nature toward you.

No such relationship arises unless and until it is established by a written engagement letter signed by Aventino setting out the agreed scope of services. Where Aventino is engaged, it acts solely in the capacity, and for the party, set out in the applicable engagement letter, and owes no duties to any other person.

No Binding Commitment

This website does not bind, and creates no obligation between, you and Aventino. Any approaches, negotiations, or discussions that may be initiated may be discontinued at any time, without cause, and no liability may be attributed to Aventino as a consequence of the interruption of ongoing discussions.

Inquiries and Unsolicited Information

We treat inquiries received through this website with discretion. However, internet communications are not guaranteed to be secure, and you should not transmit confidential, price-sensitive, or material non-public information to us before an engagement and any appropriate confidentiality arrangements are in place. Unsolicited information sent to us is not received subject to any duty of confidentiality unless separately agreed in writing.

Sources and Accuracy of Information

Content on this website may be based on information provided by third parties and on publicly available sources. Aventino has not independently verified the truth, accuracy, or completeness of such information and accepts no responsibility in that respect. In particular:

• Content is necessarily based on the information available as at its date and on the financial, economic, market, and other conditions capable of evaluation at that date
• Content may be updated, amended, or removed at any time without notice, and Aventino assumes no obligation to update, revise, or correct it
• Descriptions of our services are summaries and are not exhaustive statements of scope
• References to the professional experience of our team may include work performed at other institutions prior to joining Aventino Partners
• Past transactions and prior experience are not a guarantee or indication of future results

Independent Analysis

You acknowledge and accept that you must not base any evaluation or decision on the information contained on this website, but rather on your own independent analysis of all information you consider necessary, carried out together with your own legal, tax, financial, and other advisors, in connection with any decision relating to a potential transaction.

Intellectual Property

All content on this website, including text, graphics, logos, and the Aventino Partners name and marks, is owned by or licensed to Aventino and is protected by applicable intellectual property laws. You may view and print content for your own internal, non-commercial reference. Any other reproduction, distribution, disclosure, modification, or commercial use, in whole or in part, requires our prior written consent.

Third-Party Links

This website may contain links to third-party websites, including our profiles on external platforms. We provide such links for convenience only and do not control, endorse, or accept responsibility for the content, privacy practices, or availability of any third-party site.

No Representation or Warranty; Limitation of Liability

Nothing contained on this website is to be treated as a representation or warranty, present or future, by Aventino. This website is provided on an "as is" and "as available" basis, without warranties of any kind, express or implied.

To the fullest extent permitted by applicable law, Aventino shall not be liable, in whole or in part, expressly or implicitly, for any error, omission, or insufficiency in the information contained on this website or in any other information provided in writing or orally, nor for any direct, indirect, incidental, consequential, or other loss or damage arising out of or in connection with your access to, use of, or reliance on this website or its content, including any loss of profit, business, or opportunity.

Governing Law and Jurisdiction

These Terms of Use and any matter arising in connection with this website are governed by the laws of the Republic of Paraguay, and the courts of the city of Asunción shall have exclusive jurisdiction. This website is operated from Paraguay and is not directed at any person in any jurisdiction where its publication or availability would be contrary to applicable law or regulation.

Changes to These Terms

We may update these Terms of Use from time to time. Any changes will be reflected by updating the "Last updated" date at the top of this page. Continued use of this website after any changes indicates acceptance of the updated terms.

Contact Us

If you have any questions about these Terms of Use, please contact us at:

Aventino Partners S.A.
Park Plaza, Juan XXIII 1815, Oficina 12A
Asunción, Paraguay
Email: info@aventino.com