SECTION 96

The issuer, or the offeror and their board or officers and, where appropriate, the guarantor, shall be liable for the information provided in a disclosure document. The disclosure document shall clearly identify the persons liable by name and title, or, in case of legal entities, their name and headquarters, and shall provide a statement from them certifying that, to the best of their knowledge, data contained in the disclosure document conform to reality and do not contain any omissions likely to affect its scope. The persons who submitted the summary shall not be held liable for the summary, including its translation, if any, unless its content is misleading, inaccurate or inconsistent with other parts of the disclosure document, or if it does not provide, when read in combination with other parts of the disclosure document, the essential information to enlighten investors when they are considering investing in these securities. The summary shall include a clear warning to this effect in accordance with the last paragraph of article 86-1 above.