Financial resources

The financial forecasts are made available only to users for the express purpose of assisting with financial research.

Smith+Nephew has not and will not comment on any of the individual financial forecasts used to generate the information contained herein. Smith+Nephew assumes no obligation to update or revise or otherwise comment on any of the information contained in these forecasts to take account of events or circumstances existing after the stated date of any forecast.

Financial forecasts are, by definition, forward looking and are therefore subject to various risks and uncertainties which are subject to change at any time. In the event that such risks or uncertainties materialise, Smith+Nephew's results could be materially affected.

Smith+Nephew is not regulated by the Financial Conduct Authority and cannot offer investment advice. Nothing contained herein is intended to be or should be taken to be a "financial promotion" within the meaning of section 21 of the Financial Services and Markets Act 2000. Nothing contained herein should be taken as a recommendation to buy or sell shares in Smith+Nephew or to take or refrain from taking any other action or place any reliance on any of the information contained herein.

Neither Smith+Nephew, nor any of its subsidiaries, subsidiary undertakings, parent or parent undertakings, nor any director, officer, employee or advisor of any of them accept any responsibility for the accuracy of any of the information contained herein.

The information contained herein does not constitute an invitation or solicitation of an offer to subscribe or purchase any securities and shall not form the basis for any contract or commitment whatsoever. Neither Smith+Nephew nor any of its subsidiaries, subsidiary undertakings, parent or parent undertakings, nor any director, officer, employee or advisor of them shall have any liability whatsoever for the direct or indirect consequences of any action or inaction by any person in connection with the information contained herein.