Steep Rock Capital LLP

Legal

for the Steep Rock Capital website (referred to as the "Website" or "this Website").

Before entering this website you should read the warnings and disclaimers below and agree to comply with the terms and conditions governing the use of this Website. By accessing the Website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of funds and related financial services products and you warrant and represent that you will not pass on or utilize the information contained in the Website in a manner that could constitute a breach of such laws by Steep Rock Capital or any other person.

The distribution of the information contained in the Website in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions. The information is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations.

No Offer

This Website does not constitute a complete offer to invest in the fund(s) described herein. No action has been taken to permit a public offering in any jurisdiction where action would be required for that purpose. Any offer with respect to the fund shall be communicated to potential investors separately, together with complete terms and investment information. Any information contained in this presentation is subject to change and qualified by such complete offer.

The material on this website is intended for informational purposes only. Descriptions of any company or fund or their securities or the markets mentioned are not intended to be complete. This information on this Website should not be regarded by recipients as a substitute for the exercise of their own judgment and has no regard to the specific investment objectives, financial situation, or particular needs of any specific recipient.

US Securities Act of 1933

Access to this website is restricted to Non-U.S. Persons outside the United States within the meaning of Regulation S under the U.S. Securities Act of 1933, as amended (The "Securities Act"). As defined in the Securities Act, the term "U.S Person" means:

  1. any natural person resident in the United States;
  2. any partnership or corporation organized or incorporated under the laws of the United States;
  3. any estate of which any executor or administrator is a U.S. person;
  4. ny trust of which any trustee is a U.S. person;
  5. any agency or branch of a foreign entity located in the United States;
  6. any non-discretionary account or similar account held by a dealer or other fiduciary for the benefit or account of a U.S. person;
  7. any discretionary account or similar account held by a dealer or other fiduciary organized, incorporated, or (if an individual) resident in the United States; and
  8. any partnership or corporation if:
    1. organized or incorporated under the laws of any foreign jurisdiction; and
    2. formed by a U.S. person principally for the purpose of investing in securities not registered under the Securities Act, unless it is organized or incorporated, and owned, by accredited investors (as defined in Rule 501a ) who are not natural persons, estates or trusts.

By accessing this website, you acknowledge that you:

  1. are not a U.S. person (within the meaning of Regulation S under the Securities Act) and is located outside the U.S. (within the meaning of Regulation S under the Securities Act); and
  2. understand that any securities described herein
    1. have not been and will not be registered under the Securities Act or with any securities regulatory authority of any state or other jurisdiction and
    2. may not be offered, sold, pledged or otherwise transferred except to persons outside the U.S. in accordance with Regulation S under the Securities Act pursuant to the terms of such securities.

Financial Services and Markets Act 2000 (United Kingdom)

By accessing this website, you acknowledge that, in relation to natural persons in the United Kingdom, the information herein is directed only at persons who:

  1. are described by Article 19(5) ("investment professionals") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (as amended),
  2. are described by Article 49(2)(a) to (d)("high net worth companies, unincorporated associations etc.") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (as amended), or
  3. are persons to whom this communication may otherwise lawfully be made available (all of the persons in (i) to (iii) being together referred to as "relevant persons").

This communication must not be acted on or relied on by persons in the United Kingdom who are not "relevant persons". Any investment or investment activity to which this communication relates is available in the United Kingdom only to "relevant persons" and will be engaged in only with "relevant persons".