PIMCO ON SOCIAL MEDIA
Please read the following carefully. This is not an offer of securities to any person in any jurisdiction where it is unlawful or unauthorized. Pacific Investment Management Company LLC (“PIMCO”) is an investment adviser registered with the U.S. Securities and Exchange Commission
(“SEC”). | PIMCO Investments LLC (“PIMCO Investments”) is a broker-dealer registered with the SEC and member of the Financial Industry
Regulatory Authority, Inc. (“FINRA”). | PIMCO Europe Ltd (Company No. 2604517), PIMCO Europe, Ltd
Amsterdam Branch (Company No. 24319743), and PIMCO Europe Ltd - Italy (Company No. 07533910969) are authorised and regulated by the Financial Conduct
Authority (25 The North Colonnade, Canary Wharf, London E14 5HS) in the UK. The Amsterdam and Italy Branches are additionally regulated by the AFM and
CONSOB in accordance with Article 27 of the Italian Consolidated Financial Act, respectively. PIMCO Europe Ltd services and products are available only to
professional clients as defined in the Financial Conduct Authority's Handbook and are not available to individual investors, who should not rely on this
communication. | PIMCO Deutschland GmbH (Company No. 192083, Seidlstr. 24-24a, 80335 Munich, Germany) is authorised and regulated by the
German Federal Financial Supervisory Authority (BaFin) (Marie- Curie-Str. 24-28, 60439 Frankfurt am Main) in Germany in accordance with Section 32 of the
German Banking Act (KWG). The services and products provided by PIMCO Deutschland GmbH are available only to professional clients as defined in Section 31a
para. 2 German Securities Trading Act (WpHG). They are not available to individual investors, who should not rely on this communication. | PIMCO (Schweiz) GmbH (registered in Switzerland, Company No. CH-020.4.038.582-2), Brandschenkestrasse 41, 8002 Zurich, Switzerland, Tel: +
41 44 512 49 10. The services and products provided by PIMCO Switzerland GmbH are not available to individual investors, who should not rely on this
communication but contact their financial adviser. | PIMCO Asia Pte Ltd (501 Orchard Road #09-03, Wheelock Place, Singapore 238880,
Registration No. 199804652K) is regulated by the Monetary Authority of Singapore as a holder of a capital markets services licence and an exempt financial
adviser. The asset management services and investment products are not available to persons where provision of such services and products is unauthorised.
| PIMCO Asia Limited (Suite 2201, 22nd Floor, Two International Finance Centre, No. 8 Finance Street, Central, Hong Kong) is licensed by
the Securities and Futures Commission for Types 1, 4 and 9 regulated activities under the Securities and Futures Ordinance. The asset management services
and investment products are not available to persons where provision of such services and products is unauthorised. | PIMCO Australia Pty
Ltd ABN 54 084 280 508, AFSL 246862 (PIMCO Australia) offers products and services to both wholesale and retail clients as defined in the Corporations Act
2001 (limited to general financial product advice in the case of retail clients). This communication is provided for general information only without
taking into account the objectives, financial situation or needs of any particular investors. | PIMCO Japan Ltd (Toranomon Towers Office
18F, 4-1-28, Toranomon, Minato-ku, Tokyo, Japan 105-0001) Financial Instruments Business Registration Number is Director of Kanto Local Finance Bureau
(Financial Instruments Firm) No.382. PIMCO Japan Ltd is a member of Japan Investment Advisers Association and The Investment Trusts Association, Japan.
Investment management products and services offered by PIMCO Japan Ltd are offered only to persons within its respective jurisdiction, and are not
available to persons where provision of such products or services is unauthorized. Valuations of assets will fluctuate based upon prices of securities and
values of derivative transactions in the portfolio, market conditions, interest rates, and credit risk, among others. Investments in foreign currency
denominated assets will be affected by foreign exchange rates. There is no guarantee that the principal amount of the investment will be preserved, or that
a certain return will be realized; the investment could suffer a loss. All profits and losses incur to the investor. The amounts, maximum amounts and
calculation methodologies of each type of fee and expense and their total amounts will vary depending on the investment strategy, the status of investment
performance, period of management and outstanding balance of assets and thus such fees and expenses cannot be set forth herein. | PIMCO Canada Corp. (199 Bay Street, Suite 2050, Commerce Court Station, P.O. Box 363, Toronto, ON, M5L 1G2) services and products may only
be available in certain provinces or territories of Canada and only through dealers authorized for that purpose. | PIMCO Latin America
Edifício Internacional Rio Praia do Flamengo, 154 1o andar, Rio de Janeiro – RJ Brasil 22210-906.
The above financial institutions, are collectively referred herein as the “PIMCO Companies.” The PIMCO Companies publish content on or through pages,
profiles, accounts, feeds, channels or other portions of various social media digital platforms, including Facebook, Google+, Harvest, LinkedIn, Twitter
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referred to herein as the “PIMCO Content”).
Beginning 7 October 2016 PIMCO Content published in the PIMCO Companies’ portion of this social media platform (“PIMCO Space”) may include both PIMCO
Companies content and content intended for a specific PIMCO company. PIMCO Content intended for a specific PIMCO company will utilize the social media
platform’s regional settings to limit distribution to those regions in which the PIMCO Company is authorized or may otherwise conduct business. Each of the
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be accessed by any person or entity in any other jurisdiction.
The PIMCO Content is 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 PIMCO or any of PIMCO’s products or services to any authorization, registration, licensing or notification
requirement within any jurisdiction outside of those jurisdictions in which the underlying financial institutions are licensed to operate. The PIMCO
Content has been created for informational purposes.
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Content are available for sale in all states. Any potential investor should satisfy himself or herself that the purchase of PIMCO products and services is
permissible under the laws, rules and regulations applicable to him or her. Each of PIMCO and PIMCO Investments is solely responsible for its content.
PIMCO Investments is the distributor of PIMCO investment products, and any PIMCO Content relating to those investment products is the sole responsibility
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Investors should consider the investment objectives, risks, charges and expenses of PIMCO sponsored funds carefully before investing. This and
other information are contained in the fund’s prospectus and summary prospectus, if available, which may be obtained by visiting
www.pimco.com/investments. Please read them carefully before you invest or send money. Investing involves risk, including possible loss of
General User Guidelines
Please ensure that your contributions in relation to PIMCO Content are relevant and topical. Do not publish your own advertisements of any kind in any
PIMCO Space or with respect to any PIMCO Content. Additionally, refrain from publishing, including through hyper-links, inappropriate or offensive material
in any PIMCO Space. Do not attempt to promote investments (this includes posting testimonials, giving investment advice, or making recommendations about
specific securities, securities strategies, products or services) in any PIMCO Space. Do not attempt to submit to the PIMCO Companies any personal,
confidential or account information through any PIMCO Space. Visit www.pimco.com for more information about PIMCO and
for client service inquiries. The PIMCO Companies are not subject to any obligations of confidentiality regarding information submitted to them through any
PIMCO Space or otherwise through any social media platform.
About PIMCO Content
No PIMCO Content published on any social media platform is an offer to sell or a solicitation of an offer to buy shares of any PIMCO investment product to
any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the laws of such jurisdiction. Additionally, all
PIMCO Content published on any social media platform is for informational purposes only and should not be considered as investment advice or a
recommendation to invest in any particular security, strategy or investment product. The PIMCO Companies are not engaged in rendering any tax, legal or
accounting advice. Please consult with a qualified professional for this type of advice. References to specific securities and their issuers or other
investments are not intended and should not be interpreted as recommendations to purchase, sell or hold such securities or other investments. PIMCO
products and strategies may or may not include the investments referenced and, if such investments are included, no representation is being made that such
investments will continue to be included. Personnel of the PIMCO Companies may or may not invest, directly or indirectly, in the specific investments and
their issuers that are referenced in PIMCO Content by such personnel.
Although the PIMCO Companies have taken reasonable care to ensure that the PIMCO Content is accurate, no representation or warranty (including liability
towards third parties), expressed or implied, is made as to its accuracy, reliability or completeness by the PIMCO Companies.
Third-Party Content in any PIMCO Space
While the PIMCO Companies may monitor third-party content published in a PIMCO Space, such content is not reviewed before it is displayed. Third-party
content in any PIMCO Space is both the view and responsibility of the third-party, not the PIMCO Companies. The PIMCO Companies cannot guarantee the
appropriateness, accuracy or usefulness of any third-party content or of any third-party hyper-link, nor are they responsible for any unauthorized or
copyrighted materials contributed by a third-party in any PIMCO Space. PIMCO reserves the right to remove, alter, edit or adapt any third-party content in
any PIMCO Space.
The PIMCO Companies do not publish or otherwise disseminate statements relating to current or former clients’ positive experiences with or endorsements of
PIMCO and expect you to refrain from publishing such content in any PIMCO Space. You should limit your content in any PIMCO Space to investment themes
rather than commenting, positively or negatively, on PIMCO, its products, services or personnel.
Any descriptions of, references to, or links to other products, publications or services do not constitute an endorsement, authorization, sponsorship by,
or affiliation with the PIMCO Companies with respect to any hyper-linked site or its sponsor, unless expressly stated by the PIMCO Companies. The PIMCO
Companies expressly disclaim any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or
advertised on these third-party sites, as posted by third-parties in any PIMCO Space.
Use Social Media Platforms at Your Own Risk
The PIMCO Companies and their respective affiliates, directors, officers, registered representatives or employees are not liable for any direct, indirect,
incidental, consequential, punitive or special damages arising out of or in any way connected with your access or use of, or inability to access or use, a
social media platform, any PIMCO Space thereon or reliance on any PIMCO Content or any failure of performance, interruption, defect, delay in transmission,
computer viruses or other harmful components, or line or system failure associated with a social media platform or any PIMCO Space thereon. Use of a social
media platform or any PIMCO Space thereon is at your own risk.
The PIMCO Companies are not responsible for the privacy policies of any social media platform on which PIMCO Content may appear, including in any PIMCO
Important Investment Information
Past performance is not a guarantee or a reliable indicator of future results. All investments contain risk and may lose value. Investing in the bond
market is subject to certain risks including market, interest-rate, issuer, credit, and inflation risk. Equities may decline in value due to both real and
perceived general market, economic, and industry conditions. Investing in foreign denominated and/or domiciled securities may involve heightened risk due
to currency fluctuations, and economic and political risks, which may be enhanced in emerging markets. The value of investments, and the income from them,
can go down as well as up, and you may not recover the amount of your original investment. Where investments involve currency exposure, changes in rates of
exchange may cause the value of the investment to go up or down. Any tax benefits referred to in any PIMCO Content are subject to change and their
availability and value will depend on your individual circumstance. Such investments are not deposits or obligations of, or guaranteed or endorsed by, any
bank, and are not federally insured or guaranteed by the U.S. government, the FDIC, the Federal Reserve Board or any other agency. There is no guarantee
that any PIMCO Content discussing an investment strategy will work under all market conditions or will be suitable for all investors and each investor
should evaluate their ability to invest long-term, especially during periods of downturn in the market. Investors should consult their financial and/or tax
advisor prior to making any investment decision. Some of the investments and services discussed in PIMCO Content may not be available in or appropriate for
a retirement savings plan. Please contact your financial advisor about any investment restrictions associated with your particular plan.
Certain PIMCO Content may include statements of future expectations and other forward-looking statements that are based on management's current views and
assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those
expressed or implied in such statements. In addition to statements which are forward-looking by reason of context, the words “may, will, should, expects,
plans, intends, anticipates, believes, estimates, predicts, potential, or continue” and similar expressions identify forward-looking statements.