FAIS Disclaimer & Regulatory Disclosure

Section 01

FSP Authorisation & Licence Status

Prime Growth Capital Partners (Pty) Ltd is authorised by the Financial Sector Conduct Authority ("FSCA") as a Category I Financial Services Provider under the Financial Advisory and Intermediary Services Act 37 of 2002 ("the FAIS Act"), under licence number FSP 55708.

Our FSP licence authorises us to render financial services in respect of the financial product subcategories listed in Section 02 of this document. We may not render financial services outside the scope of our licence. Any person who requires services that fall outside our authorised scope will be referred to an appropriately licensed provider.

You may verify the status and conditions of our FSP licence at any time by searching the FSCA's FSP Register at www.fsca.co.za or by contacting the FSCA directly. Our licence details and any conditions attached thereto are a matter of public record.

Section 02

Financial Services We Are Authorised to Render

As a Category I FSP, Prime Growth Capital Partners is authorised to render financial advisory and intermediary services in respect of the following FSCA-approved financial product subcategories, as reflected on our licence on the FSCA's public register:

These subcategories are approved under Category I of the FAIS Act. PGCP is authorised to render both non-automated advice and intermediary other services in respect of each of the above product categories. We are not authorised to render advice automated or intermediary scripted services in any category.

Our licence may be verified at any time on the FSCA's FSP Register at www.fsca.co.za. We will provide a copy of our licence to any client or prospective client on request. Where any service requested falls outside our authorised scope, we will inform you promptly and, where possible, refer you to a suitably licensed provider.

Section 03

General Disclaimer

Prime Growth Capital Partners renders financial services in compliance with the FAIS Act and the General Code of Conduct for Authorised Financial Services Providers and Representatives (Board Notice 80 of 2003), as amended.

All financial advice and intermediary services rendered by PGCP are subject to the following general conditions:

• Advice is rendered only after a thorough assessment of the client's financial needs, risk profile, financial position, and investment objectives, as required by section 8 of the General Code of Conduct
• PGCP is obliged to act honestly, fairly, and with due skill, care, and diligence in all client interactions
• All material information known to PGCP that may reasonably be expected to affect a client's decision will be disclosed timeously
• A Record of Advice will be provided to clients following any advice engagement, documenting the basis for any recommendation made
• PGCP does not act as a discretionary manager of client assets unless separately and specifically contracted to do so in writing

Section 04

Investment Risk Disclosure

All investments and financial transactions carry risk. The nature and extent of risk will vary depending on the financial product, asset class, market conditions, and the specific terms of any transaction. Clients are advised to consider the following risk disclosures carefully:

• Capital risk: The value of investments may fall as well as rise. You may receive back less than the amount originally invested, and in some cases you may lose your entire capital
• Market risk: Investment values are subject to fluctuations in market prices, interest rates, exchange rates, and other macroeconomic variables that are beyond PGCP's control
• Liquidity risk: Certain investments, including unlisted securities, private equity, and real estate, may not be readily realisable. You may not be able to exit a position at the time or price of your choosing
• Currency risk: Where investments are denominated in a currency other than the South African Rand, returns will be subject to exchange rate movements, which may increase or decrease the value of your investment
• Counterparty risk: Transactions involving third parties carry the risk that a counterparty may default on its obligations
• Regulatory and legislative risk: Changes in law, regulation, tax treatment, or government policy may adversely affect the value or structure of an investment
• Concentration risk: Investing a significant portion of capital in a single asset, sector, or geography increases exposure to adverse developments in that area

The above list is not exhaustive. PGCP will disclose risks specific to any product or transaction recommended to a client as part of the advice process, in accordance with section 8(1)(d) of the General Code of Conduct.

Section 05

Conflict of Interest Management

Prime Growth Capital Partners maintains a Conflict of Interest Management Policy in accordance with section 3A of the General Code of Conduct, as amended by Board Notice 58 of 2010. The key principles of that policy are as follows:

• We identify, disclose, and manage actual and potential conflicts of interest in all client relationships and transactions
• We do not accept or offer financial interests that could reasonably be expected to compromise the objectivity of advice rendered to clients
• Where a conflict of interest cannot be avoided or adequately managed, we will disclose the nature and extent of that conflict to the affected client before rendering any advice or service
• We maintain a register of conflicts of interest, which is reviewed regularly and is available to clients on request
• We do not receive commission, fees, or other consideration from any product provider or counterparty that would create an incentive to act against our clients' interests, without prior disclosure

A copy of our full Conflict of Interest Management Policy is available on request. Please contact us using the details in Section 10.

Section 06

No Guarantee of Returns

PGCP does not guarantee capital preservation, income, growth, or any specific investment outcome. The suitability of any investment or financial product depends on your individual financial circumstances, risk tolerance, investment horizon, and objectives — all of which must be assessed on a case-by-case basis.

Where historical performance data is presented in any communication or document issued by PGCP, it is provided for contextual and illustrative purposes only and must not be construed as a forecast or guarantee of future performance.

Section 07

Website & Information Disclaimer

The content published on www.pgcp.co.za, including market commentary, sector analysis, research notes, and any other analytical material, is provided for general information purposes only. It does not constitute:

• Financial advice as defined under the FAIS Act
• A solicitation or offer to buy or sell any financial product or security
• Legal, tax, accounting, or investment advice of any kind
• A recommendation to enter into any specific transaction

While PGCP takes reasonable care to ensure that information published on this website is accurate and current at the time of publication, we make no representations or warranties as to its completeness, accuracy, or fitness for any particular purpose. Information may become outdated and we are under no obligation to update it.

PGCP accepts no liability for any loss or damage, direct or indirect, arising from reliance on the content of this website by any person. Users of this website are encouraged to obtain independent professional advice before making any financial decision.

Links to third-party websites are provided for convenience only. PGCP does not endorse, verify, or accept responsibility for the content of any linked site.

Section 08

Complaints & Dispute Resolution

Prime Growth Capital Partners maintains an internal complaints resolution process in accordance with section 18 of the General Code of Conduct. If you have a complaint about any financial service rendered by PGCP, you are entitled to have that complaint considered and resolved fairly and promptly.

How to lodge a complaint:

• Submit your complaint in writing to our Complaints Officer at info@pgcp.co.za, marked for the attention of the Complaints Officer
• Include your full name, contact details, a description of the service or advice in question, and the outcome you are seeking
• We will acknowledge receipt of your complaint within 5 business days and provide a substantive response within 30 days, or notify you if a longer period is required

If you are not satisfied with our response, or if your complaint has not been resolved within 6 weeks of submission, you have the right to refer the matter to the FAIS Ombud (see Section 09).

Lodging a complaint with PGCP does not preclude you from approaching the FAIS Ombud or any other competent authority at any time.

Section 09

FAIS Ombud

The FAIS Ombud is an independent statutory body established under section 20 of the FAIS Act to consider and resolve complaints against authorised FSPs. The service is free of charge to complainants.

You may approach the FAIS Ombud if:

• You have a complaint against PGCP in relation to any financial service we have rendered
• Your complaint has not been resolved to your satisfaction through our internal process
• You have suffered a financial loss as a result of advice or services provided by an authorised FSP or its representative

The FAIS Ombud's jurisdiction and procedure are governed by the FAIS Act and the Rules of the Ombud for Financial Services Providers. Complaints must generally be submitted within 3 years of the date on which the complainant became aware (or ought reasonably to have become aware) of the act or omission giving rise to the complaint.

Section 10

Contact PGCP

For any queries relating to this disclaimer, our regulatory status, our Conflict of Interest Management Policy, or the financial services we render, please contact us: