Disclaimer, Terms and Conditions of Web Site Use
PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY BEFORE USING THIS SITE
This web site is provided by Lodbrok Capital LLP ("Lodbrok Capital", together with its affiliates, the "Lodbrok Group").
The information contained herein is strictly confidential and may not be reproduced, distributed or published by any recipient
for any purpose without the prior written consent of Lodbrok Capital. This web site is subject to international copyright laws
and other intellectual property rights with all rights reserved. No information contained in this web site, any part of this
web site, or associated documents (together the "Information"), may be redistributed in whole or in part, stored in a retrieval system,
modified, linked into, republished, uploaded, transmitted in any form or by any means electronic or mechanical, or by photocopying,
recording or otherwise without the express prior written permission of the Lodbrok Group. The names, logos, or identifying marks
relating to the products and services of the Lodbrok Group are proprietary trademarks/service marks of the Lodbrok Group and
may not be used in any way without express prior written consent of the Lodbrok Group.
Lodbrok Capital is authorised and regulated by the Financial Conduct Authority in the United Kingdom and is an "exempt reporting advisor"
with the U.S. Securities and Exchange Commission under the U.S. Investment Advisers Act of 1940, as amended.
This website is not directed at, or for use by, any person or entity in any jurisdiction or country where such access or use
would be contrary to local law or regulation. This website is not directed at users in the United States or for the account of
U.S. persons (as defined in Regulation S under the United States Securities Act of 1933, as amended (the "Securities Act"))
except to persons who are "qualified purchasers" (as defined in the United States Investment Company Act of 1940, as amended (the "Company Act"))
and "accredited investors" (as defined in Rule 501(a) under the Securities Act). In the United Kingdom, this website is only directed at
persons who are: (i) investment professionals within the meaning of Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion)
Order 2005 ("FP Order"); (ii) high net worth companies and certain other entities falling within Article 49 of the FP Order;
or (iii) any other persons to whom information on this website may lawfully be communicated. It must not be acted, or relied, upon by any other persons.
Lodbrok Capital is the investment manager of certain alternative investment funds. In addition, Lodbrok Capital is the "sponsor"
of certain alternative investment funds that are managed by external alternative investment fund managers and to which Lodbrok Capital
has been appointed as a delegated portfolio manager (together the "Fund"). This website sets out certain information that is relevant
to the investment strategies deployed by Lodbrok Capital for information only. This website is not intended as marketing of any
alternative investment fund in any member state of the European Economic Area for the purposes of the EU Directive 2011/61/EU on
Alternative Investment Fund Managers.
This website does not purport to be complete. No reliance may be placed for any purpose on the information and opinions contained in
this website. No representation, warranty or undertaking, express or implied, is given as to the accuracy or completeness of the
information or opinions on this website by any of Lodbrok Capital, its members, employees, affiliates and agents, and no liability is
accepted by such persons for the accuracy or completeness of any such information or opinions. The information on this website is
provided as at the date it was uploaded to the website and Lodbrok Capital undertakes no obligation to update the contents of this website.
Any opinions, projections, estimates and other forward-looking statements included in this website are based on certain assumptions,
reflect the views of Lodbrok Capital and should not be construed to be indicative of any actual events which will occur. Opinions,
projections and estimates included in this website are based on Lodbrok Capital's subjective judgment, may not be accurate and are
subject to change without notice. Certain information contained on this website has been derived from publicly-available sources
that Lodbrok Capital believes to be reliable. However, Lodbrok Capital has not independently verified and assumes no responsibility
for any information that has been derived from third-party sources. This website does not constitute investment, legal or tax advice.
You should consult your tax, legal, accounting and other professional advisors regarding the information included herein.
The information contained on this website does not constitute an offer to sell, or a solicitation of an offer to buy, any securities,
nor shall this website or the fact of its provision form the basis of, or be relied upon in connection with, any contract for the
purchase or securities or the provision of any services. Any such offer or solicitation may only be made on the basis of the relevant
offering document, private placement or services agreement (as applicable, "Disclosure Document"). The Disclosure Document contains
important information concerning investment objectives, the terms and conditions of an investment, risk factors, conflicts of interest
and other material information relating to Lodbrok Capital's investment programmes ("Investment Programmes") not contained herein.
The information contained on this website is qualified in its entirety by the information in the relevant Disclosure Document, which
shall control in the case of any inconsistency. Any decision to invest in the Investment Programme must be based solely on the information
contained in the relevant Disclosure Document, irrespective of any information the investor may have otherwise been furnished, including
on this website.
The Investment Programmes are not, and will not be, registered under the Securities Act or the securities laws of any of the states of
the United States and interests therein may not be offered, sold or delivered directly or indirectly into the United States, or to or
for the account or benefit of any US person, except pursuant to an exemption from, or in a transaction not subject to, the registration
requirements of such securities laws. Any securities will be subject to restrictions on transferability and resale. The Investment
Programmes will not be registered under the Company Act.
Lodbrok Capital's Investment Programmes are speculative and subject to a high degree of risk. There can be no assurance that any
Lodbrok Capital Investment Programme will achieve its objectives or avoid incurring substantial losses.
The Fund has not been approved by the Swiss Financial Market Supervisory Authority FINMA ("FINMA") as a foreign collective investment scheme
which may be offered to non-qualified investors pursuant to Article 120 of the Swiss Collective Investment Schemes Act ("CISA").
Accordingly, the shares in the Fund (the "Shares") may only be offered, sold or otherwise made available, in Switzerland to qualified investors
as defined by Article 10 para. 3 and 3ter CISA ("Qualified Investors") (or to investors that have requested to invest in the Fund on
their own initiative in a manner that does not involve any offer). This website and/or any other materials relating to the Shares or
the Fund may be directed in Switzerland solely to Qualified Investors (or to investors that have requested to invest in the Fund
on their own initiative in a manner that does not involve any offer). The representative in Switzerland is REYL & Cie Ltd, 62, rue du
Rhône, 1204 Geneva, Switzerland (the "Representative"). The paying agent in Switzerland is REYL & Cie Ltd, 62, rue du Rhône, 1204 Geneva,
Switzerland. The private placement memorandum, the articles of association and the annual financial statements of the Fund may be obtained
free of charge from the Representative. In respect of Shares offered in or from Switzerland, the place of performance and jurisdiction is
the registered office of the Representative.
The entire content of this website is subject to copyright with all rights reserved. You may not reproduce (in whole or in part), transmit
(by electronic means or otherwise), modify, link into or use for any public or commercial purpose this website without the prior written
consent of Lodbrok Capital.
The names, logos, or identifying marks relating to the products and services of the Lodbrok Group are proprietary trademarks/service marks
of the Lodbrok Group and may not be used in any way without express prior written consent of the Lodbrok Group.
The Lodbrok Group and the officers, directors, employees, shareholders or agents thereof exclude all liability and responsibility for any
amount or kind of loss or damage that may result to you or a third party (including without limitation any direct, indirect, punitive or
consequential loss or damages, or any loss of income, profits, goodwill, data, contracts, use of money, or loss or damages arising from or
connected in any way to business interruption, and whether in tort (including without limitation negligence), contract or otherwise) in
connection with this website in any way or in connection with the use, inability to use or the results of use of this website, any websites
linked to this website or the material on such websites, including but not limited to loss or damage due to viruses that may infect your
computer equipment, software, data or other property on account of your access to, use of, or browsing this website or your downloading of
any material from this website or any websites linked to this website. Nothing in this notice shall exclude or limit the liability of the
Lodbrok Group for death or personal injury caused by negligence or fraud, or any other liability which cannot be excluded or limited under
applicable law.
This Legal and Regulatory Notice is governed and construed in accordance with English law.
Lodbrok Capital LLP. Office address: 55 St. James's Street, London SW1A 1JT, United Kingdom1. Registered Number: OC404402.
By using this site, you confirm that you accept these terms of use and that you agree to comply with them.
If you do not agree to these terms of use, you must not use this site.