Risk Disclosure Statement

This Risk Disclosure Statement is intended to inform prospective and existing investors (“Investors”) of the inherent risks associated with investments facilitated, structured, or presented by Paligan c/o Weiss Group LLC (“Paligan”). By participating in any investment opportunity via Paligan, you acknowledge that you have read, understood, and accepted the risks outlined in this statement.

This document does not constitute investment advice, a solicitation, or a recommendation to invest. Investors should conduct their own due diligence and consult their own legal, financial, and tax advisors before making any investment decisions.

Investments in private markets—including venture capital, private equity, and other direct investments—are inherently speculative, illiquid, and high-risk. Such investments are typically suitable only for sophisticated investors who understand and are capable of bearing the economic risk of loss.

Paligan does not guarantee the success, profitability, or liquidity of any investment opportunity presented through its platform or network.

Illiquidity Risk

Private market investments are generally long-term in nature. There is often no secondary market or exit possibility for several years. Investors must be prepared to hold their investments for an extended period.

Capital Loss Risk

There is a risk that the invested capital may be partially or entirely lost. Startups and growth-stage companies in particular face high failure rates. There is no capital protection or insurance.

Dilution Risk

In follow-on funding rounds, an Investor’s percentage stake may be diluted unless they have participation rights or choose to invest further. Even pro-rata rights do not guarantee preservation of ownership.

Valuation and Information Risk

Private market valuations are not always subject to transparent or standardized methods. Investors may receive limited financial information and may not be able to independently verify reported data.

Regulatory and Tax Risk

Laws and tax treatments applicable to private market investments may vary significantly across jurisdictions and may change over time. Investors are solely responsible for understanding the implications relevant to their circumstances.

Key Person Risk

The success of a portfolio company may be heavily reliant on a small number of individuals. Departure or incapacity of such individuals can materially impair the investment’s prospects.

Market and Macroeconomic Risk

Private investments may be affected by broader market forces such as inflation, interest rate changes, political instability, or economic downturns.

Paligan makes no representations or warranties as to the financial return or success of any investment. Past performance of comparable investments or advisory services is not indicative of future performance.

Paligan is not a licensed or supervised financial intermediary. As such, investments offered through Paligan are not subject to the investor protection mechanisms applicable to regulated entities in Switzerland or the EU.

Investment opportunities presented by Paligan are intended only for professional clients or qualified investors who are capable of understanding and accepting these risks.

By participating in an investment, you confirm that you:

• Have sufficient knowledge and experience to evaluate the risks;

• Can financially bear the loss of your entire investment;

• Have conducted your own due diligence and relied on your own advisors.

If you have questions regarding this Risk Disclosure Statement, please contact:

legal@paligan.com