High Net Worth Individual & Sophisticated Investor Declaration

Statement for Self-Certified High Net Worth Individual

I declare that I am a certified high net worth individual for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

I understand that this means:

• I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;
• the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;
• by signing this statement, I may lose significant rights;
• I may have no right to complain to either of the following– (i) the Financial Conduct Authority; or (ii) the Financial Ombudsman Scheme;
• I may have no right to seek compensation from the Financial Services Compensation Scheme.

I am a certified high net worth individual because at least one of the following applies:

• I had, during the financial year immediately preceding the date that I make this certification, an annual income to the value of £100,000 or more;
• I held, throughout the financial year immediately preceding the date that I make this certification, net assets to the value of £250,000 or more. Net assets for these purposes do not include:
• the property which is my primary residence, or any loan secured on that residence;
• any rights of mine under a qualifying contract of insurance within the meaning of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (a); 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.

I accept that I can lose my property and other assets from making investment decisions based on financial promotions.

I am aware that it is open to me to seek advice from someone who specialises in advising on investments (including unregulated investment schemes).

By ticking the box, I am signing the above statement in a way that satisfies the statutory signature requirements set out in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

Statement for Investment Professional

I confirm that I am an “investment professional” (as defined below) for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005. “Investment professional” means:

1. an authorised person;

2. an exempt person where the communication relates to a controlled activity which is a regulated activity in relation to which the person is exempt;

3. any other person -

• whose ordinary activities involve him in carrying on the controlled activity to which the communication relates for the purpose of a business carried on by him; or;
• who it is reasonable to expect will carry on such activity for the purposes of a business carried on by him;

4. a government, local authority (whether in the United Kingdom or elsewhere) or an international organisation

5. a person (“A”) who is a director, office or employee of a person (“B”) falling within any of sub-paragraphs (1) to (4) where the communication is made to A in that capacity and where A’s responsibilities when acting in that capacity involve him in the carrying on by B of controlled activities.

By ticking the box, I am signing the above statement in a way that satisfies the statutory signature requirements set out in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

Statement for Self-Certified Sophisticated Investor

I declare that I am a self-certified sophisticated investor for the purposes of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.

I understand that this means:

• I can receive financial promotions that may not have been approved by a person authorised by the Financial Conduct Authority;
• the content of such financial promotions may not conform to rules issued by the Financial Conduct Authority;
• by signing this statement, I may lose significant rights;
• I may have no right to complain to either of the following– (i) the Financial Conduct Authority; or (ii) the Financial Ombudsman Scheme;
• I may have no right to seek compensation from the Financial Services Compensation Scheme.

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 the date that I make this certification;
• I have made more than one investment in an unlisted company in the two years prior to the date that I make this certification;
• I am working, or have worked in the two years prior to the date that I make this certification, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;
• I am currently or have been in the two years prior to the date that I make this certification, a director of a company with an annual turnover of at least £1 million.

I accept that I can lose my property and other assets from making investment decisions based on financial promotions.

I am aware that it is open to me to seek advice from someone who specialises in advising on investments (including unregulated investment schemes).

By ticking the box, I am signing the above statement in a way that satisfies the statutory signature requirements set out in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005.