Legal Disclosures

All content available on any Contrary LLC ("Contrary" or "Firm") websites, distribution platforms and any public Firm online social media accounts (collectively, “Posts”) should not be construed as or relied upon in any manner as investment, legal, tax, or other advice. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment. Posts are not directed to any investors or potential investors, and do not constitute an offer to sell, or a solicitation of an offer to buy, any securities, and may not be used or relied upon in evaluating the merits of any investment. Past performance is not necessarily indicative of future results. Except as expressly provided otherwise, the views expressed herein are the views of the individuals quoted and/or authors of each Post as of the date indicated and there is no guarantee that such views will prove to be true. Posts may contain “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995, as amended. Because such forward-looking statements involve risks and uncertainties, actual results may differ materially from any expectations, projections or predictions made or implicated in such forward-looking statements. You are therefore cautioned not to place undue reliance on such forward-looking statements. Any projected or hypothetical outcomes, fund models, proceeds and performance (the “Projections”) included in any post represent a range of potential outcomes and are estimated by the Firm’s team members. These Projections are for illustration purposes only and prospective investors are cautioned not to rely upon the Projections. The Projections do not reflect any actual outcomes, proceeds and performance. Actual outcomes, proceeds and performance will be materially higher or lower than the Projections presented in this presentation and there can be no assurance that the Projections will be attained. Posts speak as of the date indicated and the Firm and its affiliates and representatives have not assumed any obligation to provide any updates to any historical or forward-looking information contained in any post to reflect the occurrence of events and/or changes in circumstances.

Any charts are for informational purposes only, and should not be relied upon when making any investment decision. Certain information contained in here has been obtained from third-party sources, including from portfolio companies of funds managed by Contrary. While taken from sources believed to be reliable, Contrary has not independently verified such information and makes no representations about the enduring accuracy of the information or its appropriateness for a given situation. Contrary provides links for your convenience to third party websites. Contrary does not necessarily endorse or approve information on such websites.

Posts may include articles, news, commentary, opinions, viewpoints, analyses and other information developed by Contrary or unaffiliated third parties, which is subject to change at any time without notice. All such information is for informational purposes only and should not be relied upon when making an investment decision. Such Posts represent the personal opinions and viewpoints of the commentators and should not be regarded as a description of advisory services provided by Contrary or performance returns of any Contrary client or investor. Contrary makes no warranty as to the completeness or accuracy of such Posts.

Under no circumstances should any Posts or other information provided on this website — or on associated content distribution outlets — be construed as an offer soliciting the purchase or sale of any security or interest in any pooled investment vehicle sponsored, discussed, or mentioned by Contrary personnel. Nor should it be construed as an offer to provide investment advisory services; an offer to invest in a Contrary-managed pooled investment vehicle will be made separately and only by means of the confidential offering documents of the specific pooled investment vehicles — which should be read in their entirety, and only to those who, among other requirements, meet certain qualifications under federal securities laws. Such investors, defined as accredited investors and qualified purchasers, are generally deemed capable of evaluating the merits and risks of prospective investments and financial matters. Contrary LLC is an investment adviser registered with the Securities and Exchange Commission. Registration as an investment adviser does not imply any special skill or training. There can be no assurances that Contrary’s investment objectives will be achieved or investment strategies will be successful. Any investment in a vehicle managed by Contrary involves a high degree of risk including the risk that the entire amount invested is lost. Any investments or portfolio companies mentioned, referred to, or described are not representative of all investments in vehicles managed by Contrary and there can be no assurance that the investments will be profitable or that other investments made in the future will have similar characteristics or results. A list of investments made by Contrary is available here: Past results of Contrary’s investments, pooled investment vehicles, or investment strategies are not necessarily indicative of future results.

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