Terms and Conditions

IMPORTANT INFORMATION

PLEASE READ THE FOLLOWING TERMS AND CONDITIONS (the “Terms”) CAREFULLY. BY ACCESSING SSGA.COM (the "Site"), YOU AGREE TO BE BOUND BY THESE TERMS AS WELL AS ANY FUTURE REVISIONS STATE STREET GLOBAL ADVISORS (“SSGA”) MAY MAKE IN ITS DISCRETION. IF YOU DO NOT AGREE TO THE TERMS BELOW, DO NOT ACCESS THIS SITE.

This Site is exclusively directed at and this information is intended solely for use by qualified investors within the meaning of Article 10 para 3 and para 3bis of the Swiss Act on Collective Investment Schemes (CISA) and Article 6 of the Swiss Ordinance on Collective Investment Schemes (CISO) that are based in Switzerland and is not suitable for retail investors. If you are an retail investor please leave this section of the Site immediately.

This information is intended solely for use by residents of Switzerland. It is not made available to persons resident in any other jurisdiction, including the United States of America. The information is not an invitation to subscribe for shares of any fund whose details are contained on this Site.

SSGA SPDR ETFs Europe I plc and SSGA SPDR ETFs Europe II plc (the “Funds”) are umbrella funds established as open-ended investment companies with variable capital incorporated with limited liability under the laws of Ireland. They qualify and are authorised in Ireland by the Central Bank of Ireland as undertakings for collective investment in transferable securities.

This Site only includes information on those Funds that are registered for sale in Switzerland. All other Funds are not registered with and have not been authorised for distribution (as such term is defined in the Collective Investment Schemes Act) in Switzerland by Swiss Financial Market Supervisory Authority (FINMA) which acts as supervisory authority in investment fund matters. Accordingly, the shares of these Funds may not be distributed in Switzerland.

It is your responsibility to be aware of and to observe all applicable laws and regulations of this jurisdiction. This Site is not directed at you if the making of the information on this site available to you would be prohibited by any law of any jurisdiction. The information contained on this Site is issued and approved by State Street Global Advisors Limited No. 2509928 authorised and regulated by the Financial Conduct Authority (FCA) and registered in England and Wales. The registered office is 20 Churchill Place, Canary Wharf, London, E14 5HJ.

The Site includes information about the following fund ranges:

Prospective investors may obtain the current sales prospectus, the articles of incorporation, the Key Investor Information Document (KIID) as well as the latest annual and semiannual report free of charge from the Swiss representative, State Street Fund Management Ltd., Beethovenstrasse 19, 8027 Zurich, from the Swiss paying agent, State Street Bank GmbH Munich, Zurich Branch, Beethovenstrasse 19, 8027 Zurich as well as from the main distributor in Switzerland, State Street Global Advisors AG , Beethovenstrasse 19, 8027 Zurich. Before investing please read the prospectus and Key Investor Information Document, copies of which can be obtained from the Swiss representative, or at www.ssga.com.

State Street does not claim that the Funds described here or any products or services referenced on this Site may be offered in any particular jurisdiction.

Nothing contained within this Site should be construed as investment advice. An investment in any of the Funds mentioned in this Site may not be suitable for all investors. State Street recommends that you seek independent financial advice before making any investment decisions. Investment in any of the Funds described in this Site should only be made on the basis of the relevant prospectus or Key Investor Information Document.

State Street U.S. Exchange Traded Funds

The suite of State Street's exchange traded funds primarily offered in the United States are registered with the United States Securities and Exchange Commission under the Investment Company Act of 1940. SSGA Funds Management, Inc. serves as the investment advisor to these funds. SSGA Funds Management, Inc. is an affiliate of State Street Global Advisors Limited. The United States funds are not registered for public offer outside of the United States. This communication is not intended to be an offer of securities, or a solicitation of an offer to buy securities, to any non-U.S. person.

GENERAL RISK FACTORS

Past performance is no guarantee of future performance. The price of shares and the income from them can fall as well as rise and you may not get back the amount originally invested. Income receivable may vary from the amount of income projected at the time of making the investment.

Exchange rate fluctuations may affect the value of an investment and any income derived from it.

If you exercise any right to cancel, you may not get back the amount initially invested if the share price has fallen since you invested. Deductions for charges and expenses, particularly any initial charge, are not made uniformly throughout the life of the investment, so if you redeem out of the investment during the early years, you may not get back the amount invested.

There can be no guarantee that the tax position or proposed tax position prevailing at the time of an investment will not change. Dividends and capital gains on securities issued in the relevant Funds may be subject to withholding taxes imposed by the countries in which each particular fund invests.

You must read the relevant Key Investor Information Document and prospectus for SSGA SPDR ETFs Europe I plc and SSGA SPDR ETFs Europe II plc for all the relevant risk factors pertaining to that investment or relevant sub-funds in that range.

SSGA SPDR ETFs Europe I plc and SSGA SPDR ETFs Europe II plc are not registered as investment companies in the United States under the U.S. Investment Company Act of 1940, as amended, and the shares of such Funds are not registered under the U.S. Securities Act of 1933, as amended ("Securities Act"). Shares of the Funds are not available for purchase by "US Persons" as that term is defined under Regulation S of the Securities Act. The information provided on this Site is not intended for distribution to, or use by, any person or entity in the United States, or in any jurisdiction or country where such distribution or use would be contrary to law or regulation, or which would subject any of the Funds described here, State Street Global Advisors (including its affiliates) or any of their products or services to any registration, licensing or other authorisation requirement within such jurisdiction or country. Nothing on this Site shall be considered a solicitation to buy or sell a security, product or service (including advisory service) to any person.

Access

You are accessing SSGA's network pursuant to any existing agreement(s) with us and these Terms. You and your Authorised designees ("Authorised Designees") access the Site "AS IS" and acknowledge that the Site and the remote access services related to use of this Site are proprietary to and confidential property of SSGA and its relevant licensors and its information and data suppliers ("Suppliers"). All equipment, systems, services and software are to be used for your business purposes only in accordance with these Terms and your agreement(s) with SSGA. Unauthorised access, use or distribution is in violation of state and/or federal statutes. SSGA reserves the right to monitor and audit all transactions and data (including e-mail messages) for any purpose sent over this network and your use of this Site unless prohibited by law. You agree that a printed version of these Terms shall be admissible in judicial or administrative proceedings to the same extent as other business documents and records.

You are accessing a Site certain portions of which are secure. The Site and any information you receive are encrypted for privacy. SSGA takes reasonable and appropriate measures, including encryption, to ensure that information is disclosed only to you. However, the Internet is an open system and there is no absolute guarantee that the information you have retrieved will not be intercepted by others and decrypted, and you assume that risk in accessing the Site.

Not all products or services provided on the Site are available in all jurisdictions. SSGA's products and services are only available in jurisdictions where it is lawful to advertise and market these products and services, and are subject to the final applicable agreement. By offering products and services on the Site, SSGA makes no solicitation to any individual or entity to use information, products or services in jurisdictions where prohibited by law.

No Offer/Local Restrictions

Nothing contained in or on the Site should be construed as a solicitation of an offer to buy or offer, or recommendation, to acquire or dispose of any security, commodity, investment or to engage in any other transaction. SSGA offers a number of products and services designed specifically for various categories of investors in various countries and regions. Not all products will be available to all investors. These products or services are only offered to such investors in those countries and regions in accordance with applicable laws and regulations.

The information provided on the Site is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. All persons and entities accessing the Site do so on their own initiative and are responsible for compliance with applicable local laws and regulations. The Site is not directed to any person in any jurisdiction where the publication or availability of the Site is prohibited, by reason of that person's nationality, residence or otherwise. Persons under these restrictions must not access the Site.

Jurisdictional Matters

The information available on this Site has been prepared and is maintained by certain non-U.S. affiliates of SSGA (collectively hereinafter referred to as "Non-U.S. Affiliates").

The Non-U.S. Affiliates offer products and services designed specifically for non-U.S. investors. The information and other material contained on this Site are only directed at and available to investors in specific countries. All content contained therein should be considered, and is subject to, the specific regulatory requirements under which these Non-U.S. Affiliates operate, respectively.

SSGA does not offer the products or services of the Non-U.S. Affiliates outside their intended countries or regions if such offering would be prohibited by applicable law.

Access to this Site by U.S. residents is for informational purposes only and should not be construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any security under U.S. law.

You should carefully read and consider all supplemental disclaimers regarding the information prepared and maintained by the Non-U.S. Affiliates.

No Reliance

Information contained in the Site is checked and updated by SSGA with due diligence on a regular basis. However, data and information on the Site may become outdated. Therefore, neither State Street Corporation nor SSGA assumes any liability or guarantee for the timeliness, accuracy and completeness of the information provided. SSGA uses reasonable efforts to obtain information from sources which it believes to be reliable; however, SSGA makes no representation that the information or opinions contained on the Site is accurate, reliable or complete. The information on the Site is provided for informational purposes only and is subject to change without notice. The investments and strategies discussed in the contents may not be suitable for all investors and are not obligations of SSGA or guaranteed by SSGA. The investments are not bank deposits and are not insured by any entity and are subject to investment risks, including the loss of the principal amount invested. Nothing contained on the Site constitutes investment, legal, tax or other advice nor is to be relied on in making an investment or other decision. You should obtain relevant and specific professional advice before making any investment decision.

No Warranty

THE SITE AND THE INFORMATION INCLUDED ON THE SITE ARE PROVIDED TO YOU "AS IS" WITHOUT ANY WARRANTIES OF ANY KIND. NEITHER STATE STREET CORPORATION NOR SSGA, NOR ANY OF THEIR RESPECTIVE SUPPLIERS, WARRANTS THE ACCURACY, ADEQUACY, COMPLETENESS, OR TIMELINESS OF THE MATERIALS PROVIDED ON THIS SITE OR THE SITE'S ERROR-FREE USE OR CONNECTIVITY OR AVAILABILITY OF THE SITE OR CONTENT. THERE IS NO WARRANTY OF ANY KIND - EITHER EXPRESS OR IMPLIED - INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF NON-INFRINGEMENT OF THIRD-PARTY RIGHTS, TITLE, MERCHANTABILITY, ACCURACY, AVAILABILITY AND FITNESS FOR ANY PARTICULAR PURPOSE AND FREEDOM FROM COMPUTER VIRUS.

Limitations of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT, INCLUDING NEGLIGENCE, SHALL STATE STREET CORPORATION, SSGA OR ANY OF THEIR RESPECTIVE SUPPLIERS BE LIABLE FOR ANY LOSS OR DAMAGE OF ANY KIND, INCLUDING ANY DIRECT, SPECIAL INDIRECT OR CONSEQUENTIAL DAMAGES (INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF DATA, LOSS OF PROGRAMS, OR ANY OTHER PECUNIARY LOSS), ARISING OUT OF OR IN ANY WAY CONNECTED WITH THE ACCESS OF, USE OF, PERFORMANCE OF, BROWSING IN OR LINKING TO OTHER SITES FROM THE SITE , OR ANY INFORMATION AND RELATED GRAPHICS CONTAINED IN OR MADE AVAILABLE THROUGH THE SITE, EVEN IF STATE STREET CORPORATION, OR ANY SUPPLIER HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. BECAUSE SOME STATES \ AND JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF LIABILITY, THE ABOVE LIMITATION MAY NOT APPLY TO YOU. YOU HEREBY RELEASE AND FOREVER WAIVE ANY AND ALL CLAIMS YOU MAY HAVE AGAINST STATE STREET CORPORATION, SSGA OR ITS SUPPLIERS, OR THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, INFORMATION PROVIDERS OR SUPPLIERS FOR LOSSES OR DAMAGES YOU SUSTAIN IN CONNECTION WITH YOUR USE OF THIS SITE.

Hyperlinks

SSGA is not responsible for the content or accuracy of third-party sites hyperlinked from this Site, nor does State Street Corporation or SSGA guarantee the products or services offered on third-party sites. Review the privacy statements of any web site you visit before you provide any personal/confidential information or conduct a transaction.

Intellectual Property

The contents of this Site, including the trade marks, logos, data, publications, product and company names, texts, images, pictures, information and other data (including but not limited to the structure, colour combinations used, and look and feel of the Site), are protected by intellectual property rights held SSGA, or by entities associated with it, or by third parties. You must refrain from violating these rights in any way. Any transfer, sale, distribution or reproduction in any form or by any means whatsoever of the information, publications or data is prohibited, except with the prior, express, written permission of the owner of the intellectual property rights and its assigns.

Investment Performance

YOU ACKNOWLEDGE THAT ALL DATA AND INFORMATION TRANSMISSIONS VIA THE SITE ARE SOLELY FOR THE INFORMATIONAL AND OTHER PURPOSES SET OUT HERE, AND ARE NOT INTENDED AS FINANCIAL ADVICE OR AS AN OFFER, SOLICITATION OR RECOMMENDATION OF SECURITIES OR OTHER FINANCIAL PRODUCTS, OR TO SATISFY REGULATORY REQUIREMENTS OR COMPLY WITH ANY APPLICABLE LAWS, RULES, REQUIREMENTS OR STANDARDS OF ANY FEDERAL, STATE OR LOCAL GOVERNMENTAL AUTHORITY, AGENCY OR INDUSTRY REGULATORY BOARD, INCLUDING THE SECURITIES INDUSTRY, WHICH COMPLIANCE IS YOUR SOLE RESPONSIBILITY. HISTORICAL PERFORMANCE IS NOT NECESSARILY INDICATIVE OF FUTURE PERFORMANCE OF AN INVESTMENT. THE VALUE OF INVESTMENTS MAY FALL AS WELL AS RISE AND INVESTORS MAY NOT GET BACK THE AMOUNT INVESTED.

Security Procedures

You agree to comply, and to cause your Authorised Designees to comply, with remote access operating standards and procedures and with user identification or other password control requirements and other security procedures as may be issued from time to time by SSGA for use of the Site and access to the remote access services. You agree to advise SSGA immediately in the event that you learn or have reason to believe that any person to whom you have given access to the Site has violated or intends to violate these Terms and you will cooperate with SSGA in seeking injunctive or other equitable relief. You agree to discontinue use of the Site and remote access services, if requested, for any security reasons cited by SSGA without liability to State Street Corporation or its Suppliers.

Proprietary Information/Injunctive Relief

The Site and the databases, computer programs, screen formats, report formats, interactive design techniques, formulae, processes, systems, software, know-how, algorithms, programs, training aids, printed materials, methods, books, records, files, documentation and other information made available to you by SSGA as part of the remote access services and through the use of the Site and all copyrights, patents, trade secrets and other proprietary rights of SSGA are the exclusive, valuable and confidential property of SSGA and its relevant licensors (the "Proprietary Information"). You agree on behalf of yourself and your Authorised Designees to keep the Proprietary Information confidential and to limit access to your employees and Authorised Designees (under a similar duty of confidentiality) who require access to the Site for the purposes intended. The foregoing shall not apply to Proprietary Information in the public domain or required by law to be made public.

Restrictions on Use

You agree to use the remote access services only in connection with the proper purposes of these Terms. You will not, and will cause your employees and Authorised Designees not to, (i) permit any third party to use the Site or the remote access services related to the Site, (ii) sell, rent, license or otherwise use the Site or the remote access services related to the Site in the operation of a service bureau or for any purpose other than as expressly authorised under these Terms, (iii) use the Site or the remote access services related to the Site for any fund, trust or other investment vehicle without the prior written consent of SSGA, (iv) allow or cause any information transmitted from SSGA's databases, including data from third party sources, available through use of the Site or the remote access services, to be published, redistributed or retransmitted for other than use for or on behalf of yourself, as SSGA's customer (v) use more than one asset identifier per security. In no event may you use the data and information on the Site in lieu of obtaining appropriate licenses from the applicable Supplier, and SSGA may limit the use of this Site accordingly.

Modification of the Site

You agree that neither you nor your Authorised Designees will modify the Site in any way, enhance or otherwise create derivative works based upon the Site, nor will you or your Authorised Designees reverse engineer, decompile or otherwise attempt to secure the source code for all or any part of the Site.

Indemnification

You agree to make State Street Corporation, SSGA and their subsidiaries and affiliates, including the Non-U.S. Affiliates, whole for any and all claims, losses, liabilities, and expenses (including attorneys' fees) arising from your use of the Site or any violation of these Terms unless prohibited by law.

Applicable Law

Unless otherwise specified, your use of this Site and these Terms are governed by the Commonwealth of Massachusetts and applicable United States federal law.

If any provision of these Terms shall be held to be invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions shall not in any way be affected. No term or provision shall be deemed waived and no breach excused unless such waiver or consent shall be in writing and signed by the party claimed to have waived or consented. You shall not assign these Terms or any of your rights and obligations, without SSGA's prior written consent.