Capital Raising Disclaimer

Dragonfly Envirocapital Pty Ltd ACN 623 521 317 (Dragonfly) is a corporate authorised representative (CAR) (CAR Number 1297825) of Boutique Capital Pty Ltd ACN 621 697 621 (Boutique Capital) AFSL 508011.

This document is for informational purposes only and does not constitute an offer, recommendation, or financial advice and has been prepared by Dragonfly solely for individuals identified as wholesale investors under Section 708 of the Corporations Act 2001 (Cth). This document is not for retail investors.

The information herein is presented in summary form and is therefore subject to qualification and further explanation. The information in this document is not intended to be relied upon as advice to investors or potential investors and has been prepared without taking into account personal investment objectives, financial circumstances or particular needs. Recipients of this document are advised to consult their own professional advisers about legal, tax, financial or other matters relevant to the suitability of this information.

The investment summarised in this document is subject to known and unknown risks, some of which are beyond the control of Dragonfly and their directors, employees, advisers or agents. Dragonfly does not guarantee any particular rate of return or the performance of the investment, nor does Dragonfly and its directors personally guarantee the repayment of capital or any particular tax treatment. Past performance is not indicative of future performance.

Dragonfly is not constrained with respect to any investment decision making methodologies and Dragonfly may its investment methodology and approach materially at its sole discretion and without prior notice to investors. Depending on market conditions and trends, Dragonfly may pursue other objectives or strategies considered appropriate and in the best interest of portfolio performance.

There are risks involved in investing in Dragonfly’s strategy. All investments carry some level of risk, and there is typically a direct relationship between risk and return. We describe what steps we take to mitigate risk (where possible) in the relevant fund’s information memorandum once it has been issued. It is important to note that despite taking such steps, Dragonfly cannot mitigate risk completely.

This document was prepared as a private communication to clients and is not intended for public circulation or publication or for the use of any third party, without the approval of Dragonfly. Whilst this document is based on information from sources which Dragonfly considers reliable, its accuracy and completeness cannot be guaranteed. Data is not necessarily audited or independently verified. Any opinions reflect Dragonfly’s judgment at this date and are subject to change. Dragonfly has no obligation to provide revised assessments in the event of changed circumstances. To the extent permitted by law, Boutique Capital, Dragonfly and their directors and employees do not accept any liability for reliance on this document, for the results of any actions taken or not taken on the basis of information in this document, or for any negligent misstatements, errors or omissions.

This document is for informational purposes only and is not a solicitation for investment in a fund. Application for interests in a fund can only be made through the relevant fund’s information memorandum and application form once they have been issued.