1. About us and our Website

i. By accessing this website (the “Website”), which is run by Capricorn Private Investments Limited and Capricorn Capital Partners UK Limited (together “Capricorn”) you are indicating that you have read, acknowledged and agree to be bound by the terms and conditions of this Terms of Use section. All rights granted to Capricorn may be enforced by Capricorn or any of its affiliates within the Capricorn Group, details of which can be found on our Website (Capricorn is also referred to below as “we”, “our” or “us”).

ii. Capricorn Private Investments Limited (CPI) and Capricorn Capital Partners UK Limited (CCPU) are registered in England and Wales (with company registration numbers 10112657 and 09615026). The registered address of CPI and CCPU is Second Floor, Malta House, 36-38 Piccadilly, London, W1J 0DP. CPI is also a trade name of CCPU and CCPU is authorised and regulated by the Financial Conduct Authority under the references 748414.

2. About our terms of use

i. Before you start to use our Website, please read this page (and the documents referred to in it) carefully. They will tell you the terms on which you may make use of our Website and explain certain restrictions applicable to any investment described on this Website.

ii. By using our Website, you confirm that you accept these terms of use and that you agree to comply with them. If you do not agree to these terms of use, please do not use our Website.

iii. We may make changes to these terms of use from time to time, for example to comply with new or updated laws or regulations or new functions on our Website. If these terms are updated, the new version come into force, and will be enforceable, from the day it is uploaded on this Website. Whenever you access the Website, please check these terms of use to read the version which applies to you at that time. We recommend that you print a copy of these terms of use for future reference.

3. Accessing our Website and changes to it

i. We may update the information on the Website from time to time, although please note we are under no obligation to update it. However, whilst we believe the information is reliable, we cannot confirm that the information is accurate, complete or up-to-date at any given time and, you must always speak to an independent financial advisor if you wish to obtain investment advice. We may update or remove information from time to time for business reasons, for example because the subject matter is no longer relevant.

ii. Because this Website is for information purposes only, and is provided free of charge, access to it is not permanent or guaranteed. Accordingly, we may withdraw or remove what we provide on the Website, or we may close it, for business reasons. From time to time, we may restrict or suspend access to some parts of our Website, or the entire Website, for example for maintenance purposes.

iii. You should not attempt to introduce any data, by any means available, on our Website which would or may modify or harm the content or the display of the information, presentation or structure of the Website.

4. Information not recommendation or offer

i. The information contained on our Website is for general information purposes only. It is not intended to amount to advice on which you should rely or to amount to any recommendation.

ii. Nothing on this Website constitutes an offer to sell, a solicitation, or an offer to buy, any investment, securities, funds, financial instruments, products or services, or to engage in any other transaction, or to provide any investment advice, recommendation or service.

iii. You should obtain independent professional or specialist advice before making any decision or taking (or refraining from) any action (including among other things to purchase a financial product or service, enter a contract for the same, or make any decision after you have entered such a contract).

iv. We may refuse any applications or requests for further information we may receive.

v. Any opinions expressed on this Website, whether in general or in a wider economic context, represent the views of Capricorn or the contributor at the time of preparation. These opinions may change from time to time. They should not be interpreted as investment advice or as a recommendation.

5. Country restrictions

i. Any funds, products and services described on this Website may not be available in all countries or to all investors.

ii. The information contained in this Website is directed only at persons or entities in any jurisdiction or country where access to that information and the use of it is not contrary to or in breach of local law or regulation. Please ensure that you comply with all applicable laws and regulations of any relevant jurisdiction when accessing the information contained in this Website, as legal obligations will apply to you as well as to us.

iii. All sections of the Website are reserved exclusively for non-US and non-Canadian Persons. If you are a US or Canadian Person, you must not access any part of the Website. A ‘US Person’ is a national, citizen or resident of the United States of America or a corporation or partnership organised under the laws of the United States of America or having a principal place of business in the United States of America. A ‘Canadian Person’ is a national, citizen or resident of Canada or a corporation or partnership organised under Canadian law or having a principal place of business in Canada.

6. Links and third party websites

i. The Website may contain links to third party websites which are provided for your information and convenience only, and do not amount to our recommendation or endorsement of that third party or its website. Please note that we have no control over the content of a third party website, and we have not verified the accuracy of any content on such third party website. Accordingly, we are not liable for the content or availability (or lack of availability) of such third party websites.

ii. Please let us know if you are providing links to our Website on an external source, by contacting us at info@capricorncapital.com. Capricorn reserves the right to end the link at any time for operational or reputational reasons.

7. About your data

i. In order to access certain features of our Website, you may be required to provide information about yourself including, among other things, your email address. For information about how we use your personal data, please read our Privacy Policy.

8. Our intellectual property rights

i. You may copy and download extracts, of any page(s) from our Website for your personal reference only.

ii. You must not modify the paper or digital copies of any materials you have printed off or downloaded in any way, and you must not use the illustrations, photographs, or any graphics separately from any accompanying text.

iii. Our status as the authors of material on our Website must always be acknowledged. You must not in any way use any part of the materials on our Website for commercial purposes without obtaining a licence from us to do so.

iv. If you print off, copy or download any part of our Website in breach of these terms of use, your right to use our Website will cease immediately and you must, at our option, return or destroy any copies of the materials you have made.

9. Liability

i. These terms exclude or limit our legal liability for our Website, as far as the law permits us to do so. Please take the time to read them carefully.

ii. We do not exclude or limit our liability for death or personal injury arising from our negligence, or for our fraud or fraudulent misrepresentation, or for any other liability that cannot be excluded or limited by English law. In particular, we do not exclude our duties and liabilities under the Financial Services and Markets Act 2000 and any FCA conduct of business rules which may apply to us.

iii. Although we have taken reasonable steps to ensure that the information on the Website is accurate, we do not give or make any warranty or representation (whether express or implied) that any such information is accurate, timely, complete or available. We will not be liable to you for any loss or damage whatsoever and however it arises as a result of your use of or reliance on the information on the Website, or for your inability to access or use the Website for any period of time.

iv. If you are a client and have a contract with us for financial services or products, separate terms and conditions will apply. If you are a private individual and not a client, please note that we only provide our Website for private and personal use and information purposes only. You agree not to use our Website for any commercial, professional, trade, or business purposes, and we will not be liable to you for any loss of profit, loss of business, business interruption, or loss of business opportunity, however this arises.

v. If you are a business, please note that:

• We will not be liable for any loss of profits, sales, business or revenue, business interruption, loss of anticipated savings, loss of business opportunity, goodwill or reputation, or wasted management time. We will also not be liable for any indirect or consequential loss or damage.

• Our liability to you is limited to the maximum extent permitted under applicable law.

vi. We use reasonable efforts to ensure that our Website is free from malicious or harmful content. However, we do not represent or warrant that your use of our Website (including any content on it or any third party website accessible from it) will be error free, delay free, or will not cause damage to your computer or other device. It is your responsibility to ensure that you have the right equipment (including antivirus software) to use our Website safely and to screen out anything that may damage or harm your computer or other device. Except where required by applicable law, we will not be liable to any user for any loss or damage they suffer as a result of viruses or other harmful content that they access from or via our Website.

10. Governing Law & Jurisdiction

i. These terms of use, our Website and any information contained in it will be governed by English law, and the courts of England and Wales will have non-exclusive jurisdiction to hear any dispute arising from these.