Self-Certification Sophisticated Individual

A self-certified sophisticated investor is an individual who has signed, within the period of twelve months ending with the day on which the communication is made, a statement in the following terms:

SELF-CERTIFIED SOPHISTICATED INVESTOR STATEMENT

I declare that I am a self-certified sophisticated investor for the purposes of the Financial Services and Markets Act (Financial Promotion) Order 2005.

I understand that this means:

a. I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;

b. the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;

c. I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in speculative illiquid securities;

d. the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested;

e. by signing this statement, I may lose significant rights;

f. I may have no right to complain to either of the following:

i. The Financial Conduct Authority; or

ii. The Financial Ombudsman Scheme

g. I may have no right to receive compensation from the Financial Services Compensation

I am a self-certified sophisticated investor because at least one of the following applies:

a. I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;

b. I have made more than one investment in an unlisted company in the two years prior to the date below;

c. I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;

d. I am currently or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.

I accept that the investments to which the promotions will relate may expose me to a significant risk of losing all of the money or other property invested.

I am aware that it is open to me to seek advice from someone who specialises in advising on investments, including in speculative illiquid securities.