This document has been prepared by Antaurus Capital Management B.V. solely for the information of the person to whom it has been delivered. The distribution of this document and the offer, sale and delivery of units (Units) in the fund (Fund) in certain jurisdictions may be restricted by law. This document does not constitute an offer for, or an invitation to subscribe to or purchase, any Units in any jurisdiction to any person to whom it is unlawful to make such offer or invitation in such jurisdiction. Persons into whose possession this document comes are required to inform themselves about and to observe any such restrictions. The information herein is for general guidance only and it is the responsibility of any person in possession of this document to inform themselves of, and to observe, all applicable laws and regulations of any relevant jurisdiction. This information is not intended to provide and should not be relied upon for accounting, legal or tax advice or investment recommendations. You should consult your tax, legal, accounting or other advisors about the issues discussed herein. Material terms of the fund are subject to change. Any prospective investor will be provided with a copy of the prospectus and an opportunity to review the documentation. Prospective investors should review the prospectus, including the risk factors, before making a decision to invest. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the information or opinions contained in this document by any of Antaurus Capital Management, its employees or affiliates and no liability is accepted by such persons for the accuracy or completeness of any such information or opinions, and nothing contained herein shall be relied upon as a promise or representation whether as to past or future performance. This is neither an offer to sell nor a solicitation of any offer to buy any securities in any fund managed by us. Past performance of a fund is no guarantee as to its performance in the future.