Disclosures

Confidentiality:

This presentation is being furnished to you on a confidential basis to provide preliminary summary information regarding Alpha Capital Pty Ltd (Alpha Capital) Certain information contained in this presentation is non-public, confidential or proprietary in nature. By accepting this presentation, you agree to keep the information contained herein or otherwise provided to you by Alpha Capital or its representatives, strictly confidential.

Forward-Looking Statements:

The projected results and statements contained in this presentation that are not historical facts are based on current expectations but involve risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by such projected results and statements. The projected results and forward-looking statements in this presentation are based on current expectations, speak only as of the date of this meeting or presentation, as the case may be, and are susceptible to a number of risks, uncertainties and other factors. Assumptions relating to the foregoing involve judgments with respect to, among other things, future economic, competitive and market conditions and future business decisions, all of which are difficult or impossible to predict accurately and many of which are beyond the control of Alpha Capital. Although we believe that the assumptions underlying the projected results and forward-looking statements are reasonable, any of the assumptions could be inaccurate and, therefore, there can be no assurance that the forward looking statements included in this presentation will prove to be accurate. In light of the significant uncertainties inherent in such forward-looking statements included herein, the inclusion of such information should not be regarded as a representation to future results or that the objectives and plans expressed or implied by such forward-looking statements will be achieved. We will not undertake and specifically decline any obligation to disclose the results of any revisions that may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events. In addition, it is our policy generally not to make any projections as to future results, and we do not endorse any projections regarding future performance that may be made by third parties.

Non-GAAP/Unaudited Financial Information; Performance Figures:

The figures presented in this presentation have been prepared using assumptions described in the notes set forth herein. Unless otherwise indicated, such figures including internal rates of return (IRRs), equity multiples (EMs) and investment values have not been calculated using generally accepted accounting principles ("GAAP"), have not been audited by independent accountants and have generally been calculated on a gross basis. Such figures may vary from GAAP accounting in material respects and there can be no assurance that the unrealized values reflected in this presentation will be realized. Information set forth in this presentation relating to past performance is not necessarily an indication of future returns and no representation is made that any returns presented herein will be achieved or that all assumptions in achieving these returns have been considered or stated.

General Considerations; Risk Factors:

An investment in Alpha Capital will be speculative and involve a high degree of risk. Leverage will be used and there may be a lack of diversification, thereby increasing the risk of loss. Performance may be volatile. As a result, an investor could lose all or a substantial amount of its investment. In addition, management fees, incentive allocations and other expenses may offset or exceed profits. There are restrictions on withdrawing and transferring interests and there is not expected to be a secondary market for investors‘ interests. This presentation should not be construed as legal, tax, investment or other advice. Not an Offer to Sell: This is neither an offer to sell nor a solicitation of any offer to buy any securities in Alpha Cap or any funds or accounts managed by affiliates of Alpha Capital nor shall there be any sale of a security in any jurisdiction where such solicitation or sale would be unlawful. Any offering is made only pursuant to the relevant offering memorandum, together with current financial statements, if available, and the relevant subscription documents, all of which must be read in their entirety. No offer to purchase securities will be made or accepted prior to receipt by the offeree of these documents and the completion of all appropriate documentation. This presentation is not an advertisement and is not intended for public use or distribution.