• Legal name: Club de Inversión Deusto
• Trading name: Deusto Investment Club
• Registration: entered in the Registro General de Asociaciones del País Vasco (General Register of Associations of the Basque Country) under number [to be completed]
• Year of foundation: 1998
• Registered office: Calle Hermanos Aguirre 2, 48014 Bilbao, Vizcaya, Spain
• Contact email: info@deustoinvestmentclub.com
• Website: https://deustoinvestmentclub.com/

Deusto Investment Club (the “Club”) is a non-profit academic and educational student association, composed and managed exclusively by university students. The Club operates independently and collaborates with Deusto Business School and with Fineco Banca Privada Kutxabank (Fineco, S.V., S.A.). These entities do not manage the Club and are not responsible for its content. Their names and logos appear on this website with their permission [confirm in writing].

The Club is not an investment services firm (empresa de servicios de inversión), a collective investment undertaking, or an entity supervised by the Spanish National Securities Market Commission (CNMV), the Bank of Spain or any other financial supervisory authority.

The content of this website, including investment theses, macroeconomic bulletins, valuation models and model portfolios, is provided for educational purposes only. It does not constitute financial, legal, tax or investment advice, nor a personal recommendation, offer or solicitation to buy, sell or hold any security or financial instrument, within the meaning of Law 6/2023, of 17 March, on Securities Markets and Investment Services.

The analyses published by the Club are prepared in good faith as academic exercises in fundamental analysis and are not intended to influence markets. Readers should nevertheless note that:

• members of the Club may hold, or may in future hold, positions in the securities discussed;
• the Club undertakes no obligation to update any analysis after publication; and members are bound by the Club’s internal code of conduct on personal trading in securities analysed by the Club.

Investing in financial markets involves a high level of risk, including the partial or total loss of the capital invested. Past performance, including that of the Club’s equity portfolio, is not a reliable indicator of future results. Any decision taken by a third party on the basis of the Club’s analyses is taken at that party’s sole risk.

The original content of this website (reports, models, databases, designs and logos created by the Club) is protected under Royal Legislative Decree 1/1996 (Spanish Intellectual Property Act) and other applicable legislation. Its reproduction, distribution, public communication or transformation without the prior written authorization of the Club’s Board is prohibited, save as permitted by law.

Content created by members is made available to the Club under [a licence or assignment: to be formalized with members]. The names, logos and trade marks of Universidad de Deusto, Deusto Business School, Fineco and any other third party belong to their respective owners. Their appearance on this website confers no right of use on third parties.

References to, or logos of, companies and institutions are included for informational purposes only (past events, alumni placements, recruitment relationships). They imply no sponsorship, joint venture or endorsement of the Club’s analyses. This website may contain links to third-party sites; the Club is not responsible for their content or privacy practices.

Users undertake to use the website lawfully and in good faith, and not to copy it systematically, interfere with its operation, or use its content for unlawful purposes.

The Club endeavours to use reliable sources but gives no guarantee as to the accuracy, completeness or currency of the information published. To the fullest extent permitted by law, the Club and its Board members, analysts and members accept no liability for losses arising from the use of, or reliance on, the information on this website. Nothing in this notice excludes liability that cannot be excluded under applicable law. The Club does not accept or exclude liability on behalf of third parties.

The Club processes personal data in accordance with Regulation (EU) 2016/679 (GDPR) and Organic Law 3/2018 (LOPDGDD), as described in our Privacy Policy. Information on the cookies used by this website, and on how to manage your preferences, is provided in our Cookie Policy. You may lodge a complaint with the Spanish Data Protection Agency (AEPD) at www.aepd.es.

The Club may amend this notice at any time. The version in force is the one published on this page, bearing the date shown above.

This notice is governed by Spanish law. Any dispute shall be submitted to the courts of Bilbao, without prejudice to any mandatory rights of consumers.

info@deustoinvestmentclub.com

C/ Hermanos Aguirre 2, Bilbao, Vizcaya

© 2026 Deusto Investment Club. All Rights Reserved

The content provided on this website is intended solely for educational and informational purposes and should not be construed as financial, legal, tax, or investment advice. No information contained herein constitutes a recommendation, solicitation, or offer to buy, sell, or hold any financial instrument, security, or strategy.

Trading and investing involve a substantial risk of loss and may not be suitable for every investor. Past performance is not indicative of future results. The authors of this content are not registered financial advisors. Users should conduct their own due diligence and consult with a certified financial professional before making any investment decisions. The creators of this website and Deusto Investment Club expressly disclaim any and all liability for decisions made or actions taken based on the information provided herein.