Terms of Use

Application of these Terms of Use

www.nzxgroup.com contains links to sites (“Related Sites”) owned and operated by NZX Limited or a
related subsidiary (“NZX”). Related Sites that have their own terms and conditions of access and use
is subject to their individual terms. www.nzxgroup.com and any Related Sites without their own terms
and conditions (“Sites”) are subject to these Terms of Use (“Terms”).

Acknowledgement and Acceptance of these Terms

Your access to, use of, linking to the Sites, use of software or use of content on the Site is deemed
confirmation that you have read and understood these Terms and constitutes your agreement to be
bound by them. NZX reserves the right to amend the Terms at anytime.

Third Party Links and Advertisements

The Sites may contain links to third party web sites (“Linked Sites”). NZX does not control Linked Sites
and is not responsible for their contents or hyperlinks. Hyperlinks are provided for convenience only,
and their inclusion does not imply that NZX endorses the Linked Site. NZX provides no guarantees,
representations or warranties as to the nature, content and reliability of any Linked Site, and is not
liable for any electronic content of a third party. You link to any Linked Site entirely at your own risk.
Advertisements, logos, information, materials and documents relating to or provided by third parties on
the Sites (“Third Party Material”), may contain embedded hyperlinks to web sites operated by third
parties, their licensees or contractors. NZX does not recommend or endorse such products or
services. Third Party Material with representations or offers which are accepted by linking to a web
site and executing a transaction are not made by NZX and NZX has no responsibility or liability for
such transactions.

Not Investment Advice

All Content is general information only and is not intended as investment advice and must not be
relied upon as such. NZX and its officers, employees and agents or licensors, do not:

1. pass judgment on the merit of financial products referred to on the Sites;
2. endorse or sponsor any financial products referred to on the Sites;
3. recommend any financial products of the companies identified on the Sites; or
4. make any recommendation regarding the advisability of investing in financial products for
any particular individual. 

The Sites are not offers of, or invitations to take up securities or financial products. 

Ownership of Content on the Sites

The materials displayed on the Sites, including without limitation, all information, text, materials,
graphics, software, tools, results of the use of software and tools, advertisements, names, logos and
trade marks on the Sites (“Content”) are protected by intellectual property laws unless expressly
indicated otherwise. All rights, title and interest in and to the Content are owned, licensed or controlled
by NZX or the party credited.

Caching, unauthorised hypertext links to the Sites, and framing of any Content without NZX's prior
written consent is prohibited. NZX reserves the right to disable any unauthorised links or frames and is not responsible for the content on a web site reached by links to or from the Sites.

Access to and Use of Content on the Sites

You may browse the Sites for your own personal use, information, research, study and educational
purposes only. NZX grants you a limited non-exclusive license to view, copy and print the Content for
such personal use. All copies that you make must retain all copyright and other notices that are on the
version on the Sites. Except as provided in the previous sentence or permitted in writing by NZX, you
may not copy, store (either in hard copy or in an electronic retrieval system), use, modify, transmit,
revise, reverse engineer, publish, perform, broadcast, reproduce, post, display, create a derivative
work from the Content, or distribute, sell, license, rent, lease or otherwise transfer any of the Content
to a third party. Requests for such permission must be in writing and sent to: NZX Limited, PO Box
2959, Level 2, NZX Centre, 11 Cable Street, Wellington, New Zealand or emailed to: data@nzx.com.

These Terms do not grant you a licence under any patent, trade mark or copyright of NZX or any third
party. You must not use the Sites or Content in a manner or for a purpose that is unlawful, if it violates
any right of NZX or is prohibited by these Terms.

Access Outside New Zealand

The Sites can be accessed from other countries and may contain references to NZX products,
services and programs that are not promoted in those countries. These references do not imply that
NZX intends to promote such products, services or programs in those countries.

NZX does not represent that information on the Sites is appropriate or available for use in other
countries, and accessing such information from other countries or territories where such content is
illegal is prohibited. Use of the Sites is on the understanding and acceptance that doing so is on your
own initiative and you are solely responsible for compliance with local laws.

Disclaimer

The Content on the Sites is derived from sources believed to be accurate and current. However, NZX
and its directors, officers, agents, employees or contractors do not:

1. represent or warrant that the content is reliable, accurate or complete; or
2. warrant that any of the functions in any Content or your access to the Sites, will be
uninterrupted or error-free.

Limitation of Liability

Neither NZX, nor its officers, employees and agents shall, under any circumstances, be liable in any
way for any loss or damage, whether direct, indirect, consequential, incidental, whether in negligence
or otherwise, out of or in connection with the Content and/or any omissions from the Content, except
where liability cannot be excluded by statute. The Consumer Guarantees Act 1993 does not apply to
the supply of services to you by NZX on or through the Site, if you acquire or hold yourself out as
acquiring those services for the purposes of a business. Any clause of these Terms, or part thereof,
declared invalid is deemed severable and does not affect the validity or enforceability of the
remainder.

Liability for breach of an implied warranty or condition which cannot be excluded is limited at NZX’s
option to either:

1. the supply of the goods (or equivalent goods) or services again; or
2. the payment of the cost of supplying the goods (or equivalent goods) or services again.

Indemnity

You must indemnify and hold harmless NZX, its officers, employees and agents and keep them
indemnified from and against all loss, actions, proceedings, costs, expenses (including legal fees),
claims and damages incurred or suffered by any of them arising from:

1. any breach by you of the Terms;
2. reliance by you on any information obtained through the Sites;
3. your access and/or use of the Sites; and
4. reliance upon, or use of, any Content by any person accessing any Content from your
computer systems.

Governing Law and Jurisdiction

The use of the Sites and these Terms shall be governed by the laws of New Zealand and users submit
to the exclusive jurisdiction of the courts of New Zealand.