Inspired Asset Management · 20 North Audley Street, Mayfair, London, W1K 6WL

This Communication is exempt from the general restriction (Section 21 of the Financial Services and Markets Act 2000 ("FSMA")) on the communication of invitations or inducements to engage in investment activity on the ground that it is made only to, and directed only at, investment professionals (defined here, Section 19), certified high net worth individuals (defined here, Section 48(2)), self-certified sophisticated investors (defined here, Section 50A(1)), or associations of high net worth or sophisticated investors (defined here, Section 51). Notice for investment professionals: This Communication is directed at persons having professional experience in matters relating to investments and any investment or investment activity to which this Communication relates is available only to, and will be engaged in only with, such persons. Persons without such experience should not rely on this Communication. * Investments are backed by assets and guarantees but are not risk free and past performance does not guarantee future performance. Direct investment resulting from this Communication carries no recourse to the Financial Ombudsman Service or the Financial Services Compensation Scheme. This Communication does not constitute an offer to sell or invitation to purchase any investment in any jurisdiction. If in any doubt about the investments to which this Communication relates, you should consult a professional adviser authorised under the FSMA, who specialises in advising on investments of the kind described in this Communication.

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