Risk and Disclosures

Vantage Legacy Capital is more than a collection of rare private equities. We are an investment vehicle founded on the trends that will form the basis of tomorrow's marketplace. We welcome you to investigate the cultural themes, technical skills, and market-disrupting innovations that drove our stock pick and are redefining our economy and the globe.

Our objective is to take what we know about late-stage capital investments, combine it with the knowledge of other accredited investors, and build portfolios to help you leverage the relationships and skills we've developed among angel investors, early-stage VCs, and the private equity community at large in order to achieve more and deliver a better return on your investment and ours.

We have assisted several investors in gaining access to private shares in profitable, newsworthy businesses, and we want to do the same for you.

We have meticulously compiled a unique list of market-leading companies that are fueling high-performing portfolios and transforming sectors.

Together, they provide our fund a one-of-a-kind chance to invest in highly valued firms that top investors have been following for years — and to transform the companies that everyone is watching into the portfolio you've always envisioned.

Disclosures

Vantage Legacy Capital sponsors and establishes a limited liability company with a single purpose (an SPV) to hold the restricted securities of a private firm. Qualified investors knowledgeable about the risks and benefits associated with investing in the securities of private enterprises and able to withstand the associated investment risks, including the risk of investment loss, may invest in the SPV's securities. The SPV is the owner of the shares of the underlying firm, and the qualified investor has a stake in the SPV. The dangers connected with this form of investment are outlined in the next section.

Occasionally, the underlying private firm or securities housed in an SPV may decide to join a merger or sale transaction, to participate in a direct listing, to engage in an initial public offering, or to engage in a liquidity event. Not all underlying private firms will engage in a direct listing, initial public offering, or other liquidity event, and not all of these events will result in profitable investments. Vantage Legacy Capital has no discretion on any such monetization event. The SPVs are maintained until such an occurrence happens.

Consequently, Vantage Legacy Capital sponsors and establishes a limited liability company with a single purpose (an SPV) to hold the restricted securities of a private firm. Qualified investors knowledgeable with the risks and benefits associated with investing in the securities of private enterprises and able to withstand the associated investment risks, including the risk of investment loss, may invest in the SPV's securities. Each SPV controls the equity of a single private firm. The SPV is the owner of the shares of the underlying firm, and the qualified investor has a stake in the SPV. The risks associated with this form of investment are outlined in the next section.

The underlying private firm whose stocks are held in an SPV may sometimes decide to engage in a merger or sale, direct listing, initial public offering, or another liquidity event. Not all underlying private firms will engage in a direct listing, initial public offering, or another liquidity event, and not all of these events will result in profitable investments. Vantage Legacy Capital has no discretion on any such monetization event. The SPVs are maintained until such an occurrence happens.

Risks

All investments are subject to risk and every investor should read this section carefully along with all the offering materials related to any particular proposed investment.

For example, you should consider:

• Investments in single-purpose vehicles are not diversified investments; and therefore, carry more risk;

• You will have limited rights as an investor in a single-purpose vehicle;

• The securities may be restricted and not be readily transferable or liquidated;

• The securities of private companies are subject to heightened risks;

• Private companies are not subject to regulatory oversight and supervision by the Securities and Exchange Commission or by a national securities exchange;

• A private company may not have formalized corporate governance policies and procedures;

• A private company may not have ready access to capital or to funding and may not be able to withstand economic downturns;

• Investors in the securities of private companies must understand they could suffer the loss of their entire investment and be willing and able to do so;

• Some private companies may fail before pursuing a liquidity event, like an IPO, direct listing, or M&A opportunity.