Legal Disclaimer

I. General Information

1. PricewaterhouseCoopers, S.L., with registered office at Gran Vía, 45 (Bilbao), tax code B-48980007 and registration details in the Vizcaya Mercantile Register, page BI-22.171, sheet 43, volume 3,669, book 0, section eight.

• Provision of all kinds of services relating to: consultancy, financial and tax advice, marketing, manufacturing, market studies, opinion surveys, feasibility studies, strategic planning, human resources, retailing, production studies, valuation of assets and estates.

2. PricewaterhouseCoopers Jurídico y Fiscal, S.L., with registered office at C/ Torrelaguna 75 (Madrid), tax code B-80909278 and registration detail in the Madrid Mercantile Register, page M-131.818, sheet 132, volume 8,168, book 0, section eight, provides the following services:

• Legal advice. Tax advice.
• GCS - Outsourcing services for integrated business management.

3. PricewaterhouseCoopers Auditores, S.L., with registered office at Paseo de la Castellana, 43 (Madrid), tax code B-79031290 and registration details in the Madrid Mercantile Register, page 87250-1, sheet 75, volume 9,267, book 8,054, section three, and in the Official Register of Auditors under number S0242, provides the following services:

• Financial and accounting advice and account auditing.

4. PricewaterhouseCoopers Asesores de Negocios, S.L., with registered office at Paseo de la Castellana, 43 (Madrid), tax code B-78016375 and registration details in the Madrid Mercantile Register, page 65.390-2, sheet 15, volume 601, book 569, section three, provides the following services:

• Advisory and consultancy services relating to business processes in business areas such as human resources, strategy, environment, etc.- Risk management in various areas.

5. PricewaterhouseCoopers Corporate Finance, S.L., with registered office at C/ Almagro 40 (Madrid), tax code B-28727907 and registration details in the Madrid Mercantile Register, page 9,854, sheet 124, volume 6,020, book 548, section four, provides the following services:

• Specialised financial, economic and strategic advice for companies, financial institutions and governments.

6. PricewaterhouseCoopers Recursos Humanos, S.L., with registered office at C/ Almagro 40 (Madrid), tax code B-82190851 and registration details in the Madrid Mercantile Register, page M-223741, sheet 121, book 0, volume 13,719, provides the following services:

• Human resources consultancy and executive search services.

Landwell España, S.L., with registered office at Calle Torrelaguna, número 75, 28027, Madrid and Tax Identification number B-61535472, owns this website.

These companies, which provide the services indicated above, are independent legal entities forming part of the worldwide network of PricewaterhouseCoopers firms and are jointly referred to as the PwC Firm in this document

II. Definitions

The following terms shall have the meanings stated below:

• Content: All the information, activities, products and services of all kinds, whether pertaining to PwC Firm or to third parties, that are offered through the website.
• Cookies: Characters stored on the hard disk or in the temporary memory of a user's computer when the user accesses the pages of certain websites.
• Link: Hypertext pointers used to jump from one section to another or from one server to another during Internet use.
• Hacker: Person that enjoys obtaining in-depth knowledge of the internal functioning of a system, a computer or a computer network.
• Internet: Global telecommunications network that, through various computer programs and communication protocols, facilitates connection between computers and the exchange of information between computers and their users.
• Domain name: Identifier of a server connected to the Internet in the form of a name that is easy for Internet users to remember and corresponds to a unique numerical Internet address. An international authority and local authorities assign the general domain names (ended in .com, .net and .org, among others) and the country domain names (.es for Spain, .pt for Portugal, etc.).
• Work: All creations of any kind (including collections and databases), whether original or derivative, collective or collaborative, compound or independent; features and productions of any kind and nature that are subject to a right similar to a copyright or a sui generis right, and industrial creations such as inventions, signs and models, and industrial and artistic drawings, expressed through any carrier medium, whether tangible or intangible, currently known or invented in the future, created by PwC Firm or by third parties recognised by PwC.
• Web page: Information expressed in digital form and distributed on a number of pages interconnected using "hypertext" and "hypergraphics" technology that may be accessed by third parties through the Internet telecommunications network.
• Server: Computer system that provides resources for other computers connected to it through a network. The resources may be files, programs, information, permits, etc.
• Website: Collection of web pages with a single web address.
• User: All persons that access or visit the website.

This website has been designed to disclose and allow general access by all Users to the information, activities, products and services, whether pertaining to PwC Firm or to third parties, that are offered by PwC Firm. All this information, activities, products and services shall be referred to overall as the Content in this document.
The use of this website makes the visitor a User of the site, which entails the acceptance of these conditions in the version published at the time of access. PwC Firm therefore recommends Users to read these conditions carefully each time that they access the website.
Access to certain Content offered through this website may be subject to certain specific conditions which, as applicable, replace, complete and/or modify these general conditions. Consequently, before accessing and/or using the said Content the User must also carefully read the relevant specific conditions.
PwC Firm may alter the design, presentation and/or configuration of the website at any time and without prior warning, as well as any or all of the Content, and amend the general and/or specific conditions governing the use of the same.

III. Access and Security

In general, the Users may access the Website freely and without charge. However, PwC Firm, pursuant to prevailing legislation, reserves the right to restrict access to certain areas of the website (professional areas). In such cases, as a pre-requisite for accessing the service, the User must register and provide all the information requested, which must be up-to-date and correct (see privacy policy).
The User shall choose his or her own identifier and password. When choosing the identifier, the User may not use expressions, words or letter combinations that are insulting, abusive or contrary to the law, morality or moral conventions. They may not use brand names, commercial signs, advertising expressions, names or pseudonyms of public persons or celebrities without their authorisation. PwC Firm shall assign the identifier selected by the User, provided it has not previously been selected by a different User.
The use of the password is personal and non-transferable and the password shall not be assigned, even temporarily, to third parties. In this regard, the User shall use it diligently and keep it secret, assuming all liability for the consequences of disclosure to third parties.
Should the User become aware of or suspect the use of the password by third parties, PwC Firm shall be informed at the earliest opportunity.
The User shall forfeit the selected identifier when six months elapse without having made use of it for any of the Content of PwC Firm, in which case the identifier may be selected by a new User.

IV. Use of the Content

The User shall not use any of the Content made available by PwC Firm to engage in activities contrary to the law, morality or public policy and, in general, shall use the Content in accordance with these general conditions.
The materials prepared by PwC Firm and made available to the Users of this website are purely for informative purposes. The User shall bear in mind that these materials might not contain the latest updates. They may be altered or removed by PwC Firm without prior notice. No information provided through this website shall have any binding effects.
The materials that may be consulted or are offered through this website shall not be deemed to constitute a professional relationship of any kind with the User. The User shall not act on the basis of the materials contained in this website.
When PwC Firm provides services to the Users which, in any form, permit the disclosure of the Content by the User through the website, such as distribution lists, chats, newsgroups, personal page hosting, etc. (hereinafter "active services"), the Users shall use the same in conformity with the law, these conditions, the specific conditions governing the provision of the service, morality, moral conventions and public policy.
In particular, for illustrative, non-exhaustive purposes, the use of the website for the following purposes or with the following consequences shall be absolutely prohibited:

• When fundamental rights and public freedoms recognised in the Spanish Constitution, in international treaties or in other laws are in any way violated or infringed.
• When such use gives rise to criminal, degrading, slanderous, defamatory, violent or, in general, unlawful acts, contrary to the law, morality, moral conventions or public policy.
• When such use reflects activities, attitudes or ideas that discriminate by reason of gender, race, religion, beliefs, age or status.
• When products, services, activities or merchandise the import, export, circulation, ownership, trading or production of which are prohibited by the country regulations applicable in each case are posted, made available or made accessible. This shall specifically include the products, services, activities or merchandise included in the following illustrative, non-exhaustive list, and analogous or similar items, unless the persons trading in them are duly authorised:
  • Alcoholic beverages.
  • Food.
  • Firearms, articles and hazardous, explosive or pyrotechnical materials, and defence material in general.
  • Gases, chemical or toxic products, etc.
  • Tobacco.
  • Falsified articles, objects or works of art.
  • Material relating to child pornography.
  • Expired, defective, used items, etc. that endanger health or could spread any disease.
  • Living or deceased human beings or their parts or remains.
  • Living or deceased animals or their parts or remains.
  • Drugs, narcotics and similar substances.
  • Medical or pharmaceutical products and prescription products.
  • Lists or databases containing protected personal data.
  • Public documents.
  • Identification documents (ID card, passport) and licences.
  • Electronic mail address lists.
  • Stocks and shares.
  • Information classified as secret by the country's authorities.
  • Satellite and cable television decoders.
  • Surveillance equipment or any other mechanism or device designed specifically to unlawfully infringe the right of privacy.
  • Articles that have been seized.
  • Books, software, websites, films or any work or product in general having unlawful, highly violent or racist content, or that defends terrorism or crime, explains how to make weapons or explosives, etc.
  • Films, photographs, software, games, music, etc. created or sold in violation of intellectual property rights, patents or trademarks.
    
  • Products, services, activities or merchandise the import, export, circulation,  ownership, trading or production of which is subject to the acquisition of a permit or licence, or to special legislation, in which case it shall be governed by the same.
  • Products, services, activities or merchandise acquired, provided, produced or sold unlawfully.
  • In general, anything deemed to be untradable.
  • When unjustified social alarm may be generated.
  • Where they encourage involvement in activities that are hazardous, risky or harmful to health and mental stability.
  • When false or inaccurate information is disclosed that could lead to error.
  • When intellectual or industrial property rights of third parties are infringed or are likely to be infringed.
  • When business secrets of third parties are infringed or are likely to be infringed.
  • When the right to honour, personal and family privacy or personal reputation are infringed or are likely to be infringed.
  • When they constitute unlawful, deceitful or unfair advertising.
  • Where they constitute unauthorised or unsolicited advertising (known as spamming), chain mail or any form of lottery or game of chance.
  • Where they constitute unfair competition.
  • When they may disseminate any kind of computer virus, defective files or any other computer software or program that could cause damage or unauthorised changes to the content or systems of any kind accessible through the website.
  • When personal websites or electronic mail of other users could be altered or manipulated fraudulently or without authorisation.
  • When undue or inadequate use may be made, with respect to the normal functioning and purpose, of all the Content that may be included in PwC Firm's website, such as chat areas, net meetings, newsgroups, forums, etc.

PwC Firm shall not be liable for each User's use of the materials made available in this website or for their actions based on the same.

PwC Firm reserves the right to exclude the User from the active services, without prior notice, in the event that any of the aforementioned activities are performed, and to instigate the legal actions deemed fit. In any event, PwC Firm has no obligation to control or not to control the content transferred, disclosed or made available to third parties by Users, barring the cases envisaged by prevailing law or when ordered to do so by a competent judicial or administrative authority.
Any announcement or comment, opinion, declaration or recommendation made within the active services shall pertain solely to the User that expresses such viewpoints and shall not in any event be deemed to derive from PwC Firm, which shall be held harmless with respect to any claim that may arise from the use of the active services by a User in the manner prohibited in this contract or by law.

V. Service

PwC Firm reserves the right to interrupt access to its website and to any or all of the Content provided through it at any time and without prior warning, whether for technical reasons, security measures, control measures, maintenance, power cuts or any other cause. Such interruption may be temporary or definitive, in which case the Users shall be informed and may lose the information stored within the services.

Consequently, PwC Firm does not guarantee the reliability, availability or continuity of its website or of the Content. The User therefore uses the website and Content for his or her own account and risk and PwC Firm shall not at any time be held liable in this respect.

As regards the active services or any other Content for which registration is mandatory, PwC Firm may extinguish the accounts and eliminate the Content and information of the Users by reason of inactivity or non-use. Specifically, PwC Firm may extinguish the accounts and eliminate the files if more than six months have elapsed as from registration without the user having accessed the Content.

VI. Liability

PwC Firm shall not be liable for interruptions, delays, errors or malfunction in the services or, in general, any other problems that derive from causes beyond the control of PwC Firm, and/or from wilful misconduct or negligence on the part of the User and/or force majeure.

The provisions of Article 1105 of the Spanish Civil Code notwithstanding, the concept of force majeure shall also include, for the purposes of these general conditions, all events outside the control of PwC Firm, such as: failures of third-party operators or service providers; Government acts; lack of access to third-party networks; acts or omissions of the public authorities; acts or omissions caused by natural phenomena, power cuts, etc.; and attacks by hackers or third parties specialised in computer system security or integrity; provided PwC Firm has implemented all existing security measures in accordance with the status of technology.

In any event, whatever the cause, PwC Firm shall not be liable in any way for direct or indirect damage, consequential damage and/or loss of income. PwC Firm shall have the right to temporarily suspend the services and Content of the website to carry out maintenance, improvement or repair operations thereon, without the User being entitled to any indemnity in this respect.

PwC Firm shall not be liable for the content and opinions of third parties posted in its website or for the information contained in third-party websites that may be accessed by means of Links or searches in the website, as the purpose of the site is to inform the User of the existence of other sources of information on the subject matter in the Internet, where additional data may be obtained, without providing any suggestion, invitation or recommendation in that regard. PwC Firm shall not therefore be responsible for the results obtained through such hypertext links.

PwC Firm shall not be held liable for each User's use of the materials made available in this website or for the activities carried out by the User on the basis of such materials.

PwC Firm shall not be answerable for the User's use of the services and products of the website or of his or her passwords, or of any other website material, in the event that intellectual or industrial property rights or any other third-party rights are infringed. In the event that there is Content for adults, the User or its legal representatives shall be responsible for restricting access by minors in his or her charge using the mechanisms provided by the Internet browser or other third-party services.

PwC Firm shall not be liable for any damage that may be caused to the Users' equipment by possible computer viruses arising from the use of the website, or for any other damage derived from such use.

PwC Firm provides no guarantee in connection with the continuity or absence from errors of any of the Content accessible through its website, or the correction of any defect or the absence of viruses and other harmful components in this website or in the Server in which it is held.

PwC Firm shall not be liable for the accuracy, uselessness or adequacy for a specific use of this website or of the Content; for the loss of data or services caused by any delay in delivery, failure to deliver or incorrect delivery of the products presented or service interruption; or for the accuracy, quality or nature of the information obtained through its Content. The applicability of any of the aspects of the Content of this website must be consulted with a specialised in the specific area.

In any event, the information provided in this website is designed to complement and not to replace the advice that must in any event be obtained directly from accounting, tax, legal or other competent professionals. PwC Firm strongly advisers Users to consult a professional before taking a decision or carrying out a specific action.

The User shall be liable for damage of any kind that PwC Firm may incur as a consequence of the failure to fulfil any of the User’s obligations under these conditions or under the applicable specific conditions.

VII. Advertising

A part of the website may contain advertising content or may be sponsored. The advertisers and sponsors are solely liable for ensuring that the material sent for inclusion in the website fulfils laws applicable from time to time. PwC Firm shall not be answerable for any error, inaccuracy or irregularity in the advertising content or sponsor’s content.

In any event, any claim related to the advertising Content posted in this website may be sent to the following e-mail address: data.protection.office@es.pwc.com

VIII. Privacy and Data Protection

1.1. Anonymous website browsing: PricewaterhouseCoopers, S.L. only obtains and holds the following information on its website visitors:

• The domain name of the provider (ISP) that provides the user with access to the network. For example, a User of supplier XXX will only be identified by the domain name xxx.es. We may therefore prepare statistics on the countries and servers that are the most frequent users of our website.
• The date and time of access to our site. This allows us to determine the peak times and make the adjustments necessary to avoid saturation during those times.
• The Internet address from which the link to our website originated. Using this data, we may determine the effectiveness of the banners and links that point to our server in order to assign more resources to the ones that generate the best results.
• The number of visitors that access each section on a daily basis. This tells us the most successful areas and allows us to increase and improve their content to ensure that users obtain the most satisfactory results.
• The information obtained is totally anonymous and may not be associated with any specific or identified User.

2. Browsing with Cookies: This website does not use cookies or any other application that allows personal data to be obtained without the affected party's consent.
3. Personal data: For the purposes of current personal data protection regulations, PricewaterhouseCoopers, S.L. informs the User that computer files have been created, and are the responsibility of this company, containing the personal data that you may have provided us with while visiting our website (on registration or as a result of queries, comments or requests). These files will be processed solely to manage your request and to send you information using any means, including electronic mail and/or an equivalent medium, on products, services, offers and new developments that we consider will interest you. In the case of commercial messages sent by e-mail or an equivalent medium, you specifically consent to the sending of advertising using such media. The information is not used for any other purpose.
PricewaterhouseCoopers, S.L. shall fulfil its obligation to keep the personal data secret and its duly to safeguard them and to implement the measures necessary to avoid their unauthorised alteration, loss, processing or access, taking into account at all times the status of technology, in compliance with technical and organisational security standards.
The User specifically consents to the assignment of his or her personal data to PricewaterhouseCoopers Asesores de Negocio, S.L., PricewaterhouseCoopers Jurídico y Fiscal, S.L., PricewaterhouseCoopers Auditores, S.L., PricewaterhouseCoopers Corporate Finance, S.L. and PricewaterhouseCoopers Recursos Humanos, S.L., solely for the aforementioned purposes.
Having regard to information sent by minors, the sender shall necessarily have obtained prior consent from his or her parents, guardian or legal representative in order for the personal data to be automatically processed.
In any event the User shall be liable for the accuracy of the data provided and PricewaterhouseCoopers, S.L. reserves the right to exclude from the registered services all Users that have provided false data, without prejudice to other actions admissible by law.
Diligence should be maximised in relation to data protection by using security tools. PwC shall not be held liable for the theft or unlawful modification or loss of data.
On accepting these General Conditions, the interested party specifically authorises the sending of documentation on the services offered by the PwC Firm.
Finally, PricewaterhouseCoopers, S.L. informs the User of the possibility of exercising the rights of access, rectification, cancellation and opposition by sending a written request to the following e-mail address: data.protection.office@es.pwc.com
The interested party may at any time revoke his or her consent to the assignment of his or her data to any companies of PwC Firm and to the collaborating companies that offer the products included in this website. Such revocation shall be effected in a written request sent to the following e-mail address: data.protection.office@es.pwc.com
PWC shall not be answerable for the use made by the said companies of the interested party's data.
In the event of cancellation and revocation by the interested party of specific consent to the processing of the personal data, PwC may discontinue the services in which such data are necessary for the optimal provision of the service.

IX. Industrial and Intellectual Property

Intellectual and industrial property rights are all rights recognised by intellectual property legislation in relation to assets or operations for any purpose and for any type of use, as well as all rights recognised by industrial property legislation, including in both cases the power to request the relevant registration details and entries for the obtainment or protection of such data (hereinafter the "Intellectual and Industrial Property Rights").
The use of all the elements subject to industrial and intellectual property rights is prohibited for commercial purposes, as well as their distribution, modification, alteration or decompilation.
The infringement of any of the aforesaid rights may constitute a violation of these provisions and a punishable offence under Articles 270 et seq of the Criminal Code.
The publication of messages or web pages, storage of files or public communication of any other content through the website of PwC Firm entails the recognition in the latter's favour of a free licence, with the maximum, non-exclusive and worldwide scope permitted by applicable law, to use, copy, sublicense, adapt, transfer, execute or publicly disclose any of the content, and to sublicense to third parties the exercise of any of the said rights, either totally or partially.
Any claims that may be lodged by Users in relation to possible infringements of intellectual or industrial property rights to any of the Content in this website shall be sent to the following e-mail address: data.protection.office@es.pwc.com

X. Governing Law and Jurisdiction

All matters in dispute or that affect the website of PwC Firm shall be governed by Spanish law and all disputes arising from or related to the use of this website shall be submitted to the courts and tribunals of the city of Madrid (Spain).

This contract shall be governed by Spanish laws.

For any disputes that may arise in connection with PwC Firm's website, the parties waive their own codes of law, if applicable, and agree to definitively resolve the matter by means of Arbitration at Law performed by the Spanish Association of Technological Arbitration (ARBITEC). The dispute shall be resolved by one or three arbitrators (at the partie's discretion, based on the amount of the contract) who will be designated by ARBITEC in accordance with its regulations and  by-laws.

The arbitration shall be conducted following the procedure stipulated in ARBITEC's Arbitration Regulations and in the Arbitration Act of 5 December 1988, through the Internet or using any other telematic medium. The location of the arbitration shall be Madrid and the working language shall be Spanish.

The parties ask ARBITEC to include in the arbitral award a specific decision regarding the payment of arbitration costs; this decision shall be proportionate to the ARBITEC's acceptance of the partie's claims.

The parties undertake to abide by the arbitral award. If the award needs to be formalised or enforced by a court, or if the arbitration is not conducted by mutual agreement of the parties or is declared void, the parties submit to the courts and tribunals of the city of Madrid, waiving their own codes of law, if applicable.
In any event, the parties shall retain the right to request the precautionary measures deemed fit in the ordinary courts of law, pursuant to Code of Civil Procedure 1/2000 (7 January).

XI. Exercise of Rights of Access, Rectification, Cancellation and Opposition

Finally, we inform you that you may exercise the rights of access, rectification, cancellation and opposition by means of written request sent to the following e-mail address: data.protection.office@es.pwc.com