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Sophisticated Lender Statement:

I declare that I am a sophisticated lender for the purposes of the restrictions on promotions of non-readily realisable securities and non-mainstream pooled investments. I understand that this means:

• I can receive promotional communications made by a person who is authorised by the Financial Conduct Authority which relate to investment activity in non-readily realisable securities and non-mainstream pooled investments;

• the investments to which the promotions will relate may expose me to a significant risk of losing all of the property invested.

I am a sophisticated lender because at least one of the following applies:

• I am a member of a network or syndicate of business angels and have been so for at least the last six months prior to the date below;

• I have made more than one investment in an unlisted company in the two years prior to the date below;

• I am working, or have worked in the two years prior to the date below, in a professional capacity in the private equity sector, or in the provision of finance for small and medium enterprises;

• I am currently, or have been in the two years prior to the date below, a director of a company with an annual turnover of at least £1 million.