Summary

I certify to the following HIGH NET WORTH INVESTOR STATEMENT;

I make this statement so that I can receive promotional communications which are exempt from the restriction on promotion of non-readily realisable securities. The exemption relates to certified high net worth investors and I declare that I qualify as such because at least one of the following applies to me:

I had, throughout the financial year immediately preceding today's date, an annual income to the value of £100,000 or more. Annual income for these purposes does not include money withdrawn from my pension savings (except where the withdrawals are used directly for income in retirement).

I held, throughout the financial year immediately preceding today's date, net assets to the value of £250,000 or more. Net assets for these purposes do not include:

1. the property which is my primary residence or any money raised through a loan secured on that property; or
2. any rights of mine under a qualifying contract of insurance; or
3. any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be, entitled; or
4. any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).

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 an authorised person who specialises in advising on non-readily realisable securities.

I declare that I am a self-certified sophisticated investor for the purposes of the restriction on promotion of non-readily realisable securities. I understand that this means:

1. I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-readily realisable securities; and
2. The investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.

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

• 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 today's date;
• I have made more than one investment in an unlisted company in the two years prior to today's date;
• I am working, or have worked in the two years prior to today's date, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises; or
• I am currently, or have been in the two years prior to today's date, 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 an authorised person who specialises in advising on non-readily realisable securities.

I make this statement so that I can receive promotional communications relating to non-readily realisable securities as a restricted investor. I declare that I qualify as a restricted investor because:

1. In the twelve months preceding today's date, I have not invested more than 10% of my net assets in non-readily realisable securities; and
2. I undertake that in the twelve months following today's date, I will not invest more than 10% of my net assets in non-readily realisable securities.

Net assets for these purposes do not include:

• The property which is my primary residence or any money raised through a loan secured on that property;
• Any rights of mine under a qualifying contract of insurance; or
• Any benefits (in the form of pensions or otherwise) which are payable on the termination of my service or on my death or retirement and to which I am (or my dependants are), or may be entitled; or
• Any withdrawals from my pension savings (except where the withdrawals are used directly for income in retirement).

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 an authorised person who specialises in advising on non-readily realisable securities.