SOCIAL MEDIA DISCLOSURES

WBI Investments, Inc. (“WBI”) maintains a social media presence on LinkedIn and Twitter. However, WBI is not affiliated with LinkedIn and/or Twitter and does not endorse, either expressly or implicitly, the content posted by any third party or users of the social media sites. Please note that opinions or expressions posted by followers or third parties on WBI’s LinkedIn or Twitter pages do not represent the views of WBI or its management. WBI does not control or endorse any content that LinkedIn or Twitter may post to the website.

WBI’s LinkedIn or Twitter pages may include links to articles, opinions, or information contained on a third party website. WBI is not responsible for and makes no warranties, express or implied, for the accuracy of any content or use of a third party website and assumes no liability for any errors, inaccuracies, or omissions for third party website content. Placement of a link to another website on WBI’s LinkedIn page or Twitter feed does not mean that WBI guarantees the authenticity of information on that site. Only follow links after confirming that the security and authenticity of link and linked site are valid.

Please do not disclose any financial or personal information on our or any social media website. WBI will never ask for your account information, passwords, social security number, or any other personally identifiable information via a social media page or website. WBI does not guarantee and is not responsible for the security or privacy practices of LinkedIn, Twitter, or any other third party website. Carefully review LinkedIn’s and Twitter’s privacy and security policies prior to posting any content.

The content on WBI’s LinkedIn and Twitter pages is the property of WBI. Users or followers of the websites are restricted to accessing the websites for personal use only. Republishing, selling, or distributing any portion of WBI’s LinkedIn or Twitter pages, or their content is prohibited without WBI’s prior written consent.

It is within WBI’s right and sole discretion to remove any objectionable or inappropriate content and users without notice.

Any investment strategy involves risk, including the possible loss of principal invested. Don Schreiber, Jr., Matt Schreiber, and/or clients of WBI may own stock discussed in social media content. Moreover, you should not assume that any discussion or information provided here serves as the receipt of, or as a substitute for, personalized investment advice from WBI Investments or from any other investment professional. No part of WBI’s social media content is intended to serve as a recommendation or testimonial for any investment product, service, strategy, or as legal, accounting or tax advice. Additionally, the information posted is not to be construed as solicitation to offer or sell any security. To the extent that you have any questions regarding the applicability of any specific issue discussed to your individual situation, you are encouraged to consult the professional advisor of your choosing.

Although a company may pay a dividend, prices of equity securities – including those that pay dividends – fluctuate. Investing on the basis of dividends alone may cause an investor to buy or sell certain securities when circumstances may or may not be favorable.

WBI’s LinkedIn and Twitters pages are intended for U.S. residents only and are not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to law or regulation or which would subject WBI or any of WBI’s products or services to any authorization, registration, licensing or notification requirement within any jurisdiction. WBI is not registered as an investment advisor, financial services firm or fund manager in any jurisdiction other than the United States and any products discussed on or through any social platforms or websites have not been registered or approved by any central bank, governmental or regulatory authority. Accordingly, non-US securities laws and other relevant laws and regulations that are intended to protect investors are generally not applicable to any services or securities referred to on or through any social media platforms or websites.