What is a driver required to do when approaching the following traffic sign?

1. Correct answer: Slow down before the intersection and proceed in the directions indicated by the Chevrons in the sign only.
2. Slow down in the place where road works take place and continue driving.
3. Stop before the sign and turn right or left.
4. Overtake the sign from left or right and continue driving.

WhyThis sign with arrows to both sides stands where the road ends at a junction and does not continue straight. Slow down in advance and turn only where the chevrons point: right or left.