valgrind warning when allocating large amount of memory

[yuvalif]

The following program:

#include "boost/multi_array.hpp"
using Emax = boost::multi_array<double, 7>; 

int main() {
    Emax emax(boost::extents[40][30][50][5][5][5][5]);
    return 0;
}

when run under valgrind gives the following warnings:

==20786== Memcheck, a memory error detector
==20786== Copyright (C) 2002-2017, and GNU GPL'd, by Julian Seward et al.
==20786== Using Valgrind-3.15.0 and LibVEX; rerun with -h for copyright info
==20786== Command: ./test_arr
==20786==
==20786== Warning: set address range perms: large range [0x5171040, 0x16f8b340) (undefined)
==20786== Warning: set address range perms: large range [0x5171028, 0x16f8b358) (noaccess)
==20786==
==20786== HEAP SUMMARY:
==20786==     in use at exit: 0 bytes in 0 blocks
==20786==   total heap usage: 2 allocs, 2 frees, 300,072,704 bytes allocated
==20786==
==20786== All heap blocks were freed -- no leaks are possible
==20786==
==20786== For lists of detected and suppressed errors, rerun with: -s
==20786== ERROR SUMMARY: 0 errors from 0 contexts (suppressed: 0 from 0)

versions are:

gcc version 8.3.1 20190223 (Red Hat 8.3.1-2) (GCC)
valgrind-3.15.0