Investment Disclosures

1. General Risk Disclosures

Investing involves risk, including possible loss of principal. Before investing, consider your investment objectives, risk tolerance, time horizon, and liquidity needs.

• Market Risk: Fund asset values may decline due to economic, political, or market conditions
• Liquidity Risk: Withdrawals require admin approval and manual wire processing — funds are not immediately accessible
• Concentration Risk: The Fund may hold concentrated positions subject to significant volatility
• Counterparty Risk: Risk of failure by banking partners, custodians, or service providers (Plaid, Morgan Stanley)
• Operational Risk: Risk of loss from system failures, cybersecurity incidents, or human error
• Regulatory Risk: Changes in law or regulation may adversely affect the Fund or payment processing

2. Fund Information

• Fund Name: RepInvest Growth Fund
• Custodian: Morgan Stanley
• Currency: USD
• Minimum Investment: $500
• Official NAV Frequency: weekly, struck each Friday
• Indicative NAV: shown daily for information only; nothing is priced against it
• Deposit Method: Wire transfer to RepInvest Morgan Stanley account
• Withdrawal: Subject to admin approval, wired manually from Morgan Stanley

The Fund is a pooled investment vehicle. Investors receive units priced at NAV. RepInvest does not guarantee any specific return or protect against loss of principal.

3. NAV & Pricing

NAV is calculated weekly as: Total Fund Value ÷ Total Units Outstanding. NAV is recorded manually by RepInvest administrators based on custodian account data from Morgan Stanley. Units are issued at the next official Friday NAV after your wire is confirmed received, and redeemed at the next official Friday NAV after your withdrawal is approved, in each case using the 4:00 pm New York time on the pricing day cutoff. A daily indicative figure may be shown for information; nothing is priced against it.

4. Liquidity Risk

RepInvest is not a liquid investment. Unlike a bank account or publicly traded securities:

• Withdrawals require administrator approval before processing
• Wire withdrawals take 2–5 business days to process after approval
• RepInvest may delay or suspend withdrawals in extraordinary circumstances
• Only invest funds you do not need immediate access to

5. Regulatory Status

RepInvest LLC is not a registered investment adviser, broker-dealer, or bank. Nothing on the Platform constitutes investment advice. The RepInvest Growth Fund is a private investment fund not registered under the Investment Company Act of 1940.

Identity verification is conducted through Plaid Technologies, Inc. and manual document review by RepInvest administrators, compliant with Section 326 of the USA PATRIOT Act, CIP requirements, and FinCEN's Customer Due Diligence program. Bank account linking is provided by Plaid Technologies, Inc. Fund assets are custodied with Morgan Stanley Smith Barney LLC.

RepInvest does not use a third-party payment processor. Subscriptions are received by wire transfer directly into the fund's account at Morgan Stanley Smith Barney LLC, and redemptions are paid out by wire from that same account. RepInvest LLC is responsible for instructing and reconciling those transfers, and for the books and records of unit ownership.

6. Tax Considerations

Investment returns may be subject to federal and state income taxes. RepInvest does not provide tax advice. Consult a qualified tax professional regarding the tax implications of investing through RepInvest. You will receive applicable tax forms(Schedule K-1 (partnership tax reporting)) for reportable transactions.

7. Conflicts of Interest

RepInvest administrators who manage the Fund may have interests that differ from yours.Management fees create an incentive to grow the Fund regardless of individual investor outcomes. We mitigate conflicts through transparent NAV pricing, immutable audit logs, and independent custody with Morgan Stanley.

8. Past Performance

All performance data reflects the RepInvest Growth Fund's historical NAV change from inception. Performance is shown before applicable fees unless otherwise stated. Individual investor returns will vary based on deposit and withdrawal timing.

9. Contact

• Legal: legal@joinrepinvest.com
• Support: support@joinrepinvest.com