Risk is an integral part of the investment process. Investment activities in the stock market can lead to losses. The purpose of this Notice is to provide the pool participant with a general understanding of the risks associated with their investment activities. By reading and confirming this Notice, the Trustor acknowledges that they fully understand that the primary risk is market risk - the risk of the Manager incurring losses due to unfavorable changes in the market value of financial instruments.
The manifestations of market risk are diverse and include (but are not limited to):

• Fluctuations in market prices, the direction and amplitude of which are unpredictable, resulting in potential losses or missed income for the Manager, and consequently, for the pool participant;
• The impossibility of completely eliminating market risks through investment portfolio diversification due to objective reasons;
• The inability to guarantee the success of the commercial or investment policy of cryptocurrency issuers and/or tokens. In the event of negative financial results or other unfavorable performance indicators of the issuer, there may be a sharp drop in price and, consequently, losses for the pool participant.

The pool participant confirms that they understand the fact that the risk of liquidity loss, as an element of market risk, arises due to the Manager's inability to timely acquire or sell assets due to the lack of a fair offer or demand in the market.

The pool participant acknowledges the existence of operational risks, i.e., the risk of losses caused by various kinds of errors, failures in internal processes, computer systems, and software, errors by operators of computer systems and telecommunication equipment;

The pool participant confirms that they are aware of the fact that, under certain circumstances, the Manager may suspend their activities, which may lead to losses for the pool participant. This list of circumstances is numerous and includes, but is not limited to:

• Technogenic and natural emergencies;
• Disruptions in various types of everyday operational support;
• Suspension of communication services;
• Suspension or prohibition of certain operations by state authorities, etc.

In the event of such circumstances, the Manager will take all necessary measures to inform the pool participant about the situation and resume their professional activities as soon as possible.
The pool participant confirms that they are aware of the fact that activities in the stock market are associated with the possibility of unlawful actions against the Manager and the pool participant by third parties. For example: theft or other illegal appropriation of the managed asset belonging to the pool participant, unlawful intentional actions on behalf of the pool participant, etc.

The pool participant acknowledges that despite all measures taken to ensure the safety of activities and protect the interests of the pool participant, the Manager cannot fully guarantee that the pool participant will not incur losses due to external unlawful actions. Moreover, the pool participant also realizes that the realization of this risk may also be due to their fault. Therefore, the pool participant is obliged to take all necessary precautions, including not allowing third parties to become acquainted with their activities in the stock market and keeping all information received from the Manager confidential.

The pool participant confirms that they are aware of the fact that transferring API keys to an account is associated with the risk of losing part or all of the assets.

Additionally, the pool participant is aware of the following risks:

• Suspension or termination of settlement, trading, clearing, depository, and other operations by relevant exchanges, other trading platforms, or trade organizers, registrars/depositories, banking institutions providing monetary settlements in the stock market;
• Banking crisis and/or bankruptcy of banks, cryptocurrency exchanges;
• The emergence of unfavorable changes in legislation for conducting investment activities;
• Changes in the political situation, actions (or inaction) of state authorities, including those regulating the securities market, cryptocurrency market;
• The occurrence of force majeure circumstances of natural and geopolitical nature.

The pool participant confirms that they are aware of the fact that the Manager cannot predict and manage systemic risks, the realization of which may lead to losses for the pool participant.
The pool participant understands, agrees, and confirms that:

• The Manager cannot provide any guarantees or additional promises to ensure targeted profitability of asset management.
• The past performance of the Manager does not determine the future income of the pool participant.
• The Manager conducts all transactions and operations with the asset entrusted for management on the trading account without the instructions of the pool participant.

By confirming this Notice, the pool participant confirms that they have carefully read all of the above and are aware of all the types of risks listed above and the fact that this Notice does not disclose information about all the risks due to the variety of situations that arise in the stock market.