Terms of Use and Legal Information

By accessing this site, you signify your agreement with and understanding of the following Terms of Use and Legal Information
pertaining to both this site and any material in it.

Ownership of Site and Trademarks

Snowcat Capital Management, LP (“Snowcat”) owns and maintains this site. No act of downloading or otherwise copying from this
site will transfer title to any software or material at this site to you. Anything that you transmit to this site becomes the property of
Snowcat, may be used by Snowcat for any lawful purpose, and is further subject to disclosure as deemed appropriate by Snowcat,
including to any legal or regulatory authority to which Snowcat is subject. Snowcat reserves all rights with respect to copyright
ownership of all material at this site, and will enforce such rights to the full extent of the law.

No Offer of Securities—Disclosure of Interests

Under no circumstances should any material at this site be used or considered as an offer to sell or a solicitation of any offer to buy
an interest in any investment fund managed by Snowcat. Any such offer or solicitation will be made only by means of the
Confidential Private Offering Memorandum relating to the particular fund. Access to information about the funds is limited to
investors who either qualify as accredited investors within the meaning of the Securities Act of 1933, as amended, qualified
purchasers within the meaning in the Investment Company Act of 1940 or those investors who generally are sophisticated in
financial matters, such that they are capable of evaluating the merits and risks of prospective investments.

Case Studies

Case studies are intended to provide examples of the types of transactions Snowcat pursues and do not represent all investments
made Snowcat or the outcomes achieved. Investment rationales and other considerations are based on Snowcat’s internal analysis
and views as of the date of the investment commitment and will not be updated. References to a particular investment should not be
considered a recommendation of any security or investment. There can be no assurance that Snowcat will be able to invest in
similar opportunities in the future or that the investment shown is or will be successful.

No Reliance

While Snowcat uses reasonable efforts to update the information on this site, it makes no representations or warranties as to the
accuracy, reliability or completeness of any information at this site. Any contents at this site are subject to change without notice.

Material to be Consulted in its Entirety

All materials in this site are meant to be reviewed in their entirety, including any footnotes, legal disclaimers, restrictions or
disclosures, and any copyright or proprietary notices. Any disclaimers, restrictions, disclosures or hedge clauses apply to any partial
document or material in the same manner as they do to the whole and will be deemed incorporated in the portion of any material or
document that you consult or download.

Linked Sites

Snowcat has not reviewed any of the sites linked to this site and is not responsible for the content of off-site pages or any other site
linked or linking to the site. Your linking to any off-site pages, including those provided in any linked news articles or other sites is at
your own risk. References to Snowcat that are contained on any website, article or social media post should not be considered as a
recommendation of or by Snowcat.

No Warranty

The materials in this site are provided “as is” without warranty of any kind, either express or implied, to the fullest extent permissible
pursuant to applicable law. Snowcat further assumes no responsibility for, and makes no warranties that functions contained at this
site will be uninterrupted or error-free, that defects will be corrected, or that the site or the server that makes it available will be free
of viruses or other harmful components. Snowcat shall not be liable for any damages, viruses, or services, repairs or corrections that
must be performed on your computer or other property on account of your accessing or using this site. Please note that some
jurisdictions do not allow the exclusion of implied warranties, so some or all of the above exclusions may not apply to you.