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DISCLAIMER: By taking possession of or accessing the information contained in this document (Investment Information), you agree to all the terms and conditions contained in this disclaimer. If you do not agree to the terms and conditions, you must immediately return or destroy the Investment Information.

The Investment Information is provided by TEN13 Management Pty Ltd ACN 634 071 579 (TEN13 Management) (Corporate Authorised Representative (CAR) No 127663) of Lanterne Fund Services Pty Ltd ACN 098 472 587 (Lanterne), under Australian Financial Services Licence (AFSL) 238198 and is not a Disclosure Document or Product Disclosure Statement (as those terms are defined in the Corporations Act 2001 (Cth)) (Disclosure Materials). The Investment Information is intended for “Wholesale Clients” only, being persons whose entry into any investment management agreement with TEN13 Management Pty Ltd, or TEN13 Nominee Pty Ltd ACN 634 071 597 (TEN13 Nominee) (CAR No 1276658) of Lanterne , under AFSL 238198, would not require Disclosure Materials to be prepared for, or for the arrangements with TEN13 Management, or TEN13 Nominee to be registered as a Managed Investment Scheme or would otherwise result in a breach of any applicable laws. TEN13 Management and TEN13 Nominee are authorised to provide advisory and dealing in connection with investments to wholesale clients only. The provision of the Investment Information does not constitute, and may not be used for the purposes of, an offer of securities or interests of any kind to that person or an invitation to any person to apply for the issue of securities or interests of any kind.

TEN13 Nominee has appointed Lanterne as its agent for the purposes of arranging for the offer to issue, vary or dispose of shares in TEN13 Nominee pursuant to sections 911A(2)(b) of the Corporations Act 2001 (Cth). TEN13 Nominee may only issue, vary or dispose of such shares in accordance with Lanterne’s offer, provided they are accepted.

Where the Investment Information constitutes general advice, such information has been prepared without taking into account any person’s objectives, financial situation or needs, does not purport to be comprehensive or to contain all the information such person may desire and must not be construed as tax, legal or financial product advice. Before acting on any of the Investment Information, we recommend that you: (i) consider the appropriateness of the advice having regard to your objectives, financial situation and needs; (ii) conduct your own enquiries and (iii) obtain independent professional advice (including tax, investment and financial advice).

The Investment Information is confidential and must not be copied or disclosed in whole or in part without the prior written consent of TEN13 Management Pty. By accepting the Investment Information, you agree to indemnify TEN13 Management, its related body corporates including Transition Level Investments Pty Ltd ACN 154 457 155, TEN13 Nominee, TEN13 Holding Pty Ltd ACN 634 042 783, and Birkdale Holdings (Qld) Pty Ltd ACN 120 407 981 ATF the Baxter Family Trust (Group Entities) and any director, officer, employee, consultant, advisor or agent of TEN13 Management or its Group Entities (together, the TLI Parties) against any claim, liability, action, damage, loss, cost or expense sustained by any of them arising from or as a result of any breach by you of the confidentiality obligation under this disclaimer.

The TLI Parties do not warrant or represent the origin, validity, accuracy, completeness or reliability of the Investment Information (or any accompanying or subsequent information), and do not accept any responsibility for errors or omissions in the Investment Information (or any accompanying or subsequent information). Statements of opinion or belief, all views expressed and all projections, forecasts or statements relating to expectations regarding future events or the possible future performance of any investments held or managed by TLI Parties, any prior investment or any portfolio company, represent the TLI Parties’ assessment and interpretation of information available as at the date the Investment Information is provided to you and may be subject to certain risks, uncertainties and change without notice which may be outside the control of the TLI Parties. No representation is made, or assurance given that such statements, views, projections or forecasts are reasonable or correct or that the objectives or prospective returns of the investments of the TLI Parties, any prior investment or any portfolio company will be achieved. Furthermore, the TLI Parties do not accept any responsibility for the contents or information contained in any third-party websites which may be linked in the Investment Information, and makes no representation as to the accuracy or completeness of the content or information provided by those third-party websites.

The TLI Parties:
• disclaim and exclude all liability for all losses, claims, damages, costs and expenses of any nature arising out of or in connection with the Investment Information (or any accompanying or subsequent information); and
• do not have any obligation to advise any person if they become aware of any inaccuracy in, or omission from, the Investment Information (or any accompanying or subsequent information).
TEN13 Nominee may, from time to time hold securities referred to in the Investment Information and may trade in these securities as a nominee (either as principal or as agent). TEN13 Nominee or TEN13 Management may receive commissions, fees or other forms of remuneration from transactions involving investments referred to in the Investment Information.

TEN13 Management, may in its absolute discretion update or supplement the Investment Information at any time. Such further information is provided under the same terms and conditions as the Investment Information. Notwithstanding the above, the TLI Parties are not responsible for updating, nor do they undertake to update, the Investment Information. To the maximum extent permitted by law, the TLI Parties disclaim any obligation or undertaking to release any updates or revisions to the Investment Information to reflect any change in expectations or assumptions.

Lanterne consents to being named in the Investment Information in the manner described above, and as at the date of the Investment Information, has not withdrawn its consent to be named. Lanterne does not take any responsibility for the contents of the Investment Information or the performance of the investments. To the greatest extent possible, Lanterne does not accept any liability for any statement in the Investment Information.