Risk Disclosure

**PLEASE READ THIS DOCUMENT CAREFULLY BEFORE INVESTING** This Risk Disclosure provides important information about the risks associated with investments made through the Flippex platform. This is NOT investment advice. You should consult qualified financial, tax, and legal advisors before making any investment decisions.

Flippex does NOT provide: • Personalized investment advice • Recommendations on whether to invest • Guarantees of investment performance Information on the Platform is for informational purposes only. You are solely responsible for your investment decisions and should conduct your own due diligence.

**Projected returns are estimates, not promises.** Actual returns may be: • Higher than projected • Lower than projected • Zero or negative (total loss of capital) Past performance of similar investments is NOT indicative of future results. Market conditions, economic factors, and project-specific circumstances can significantly impact outcomes.

Real estate investments carry specific risks including: **Market Risk** • Property values may decline • Rental demand may decrease • Local market conditions may deteriorate **Liquidity Risk** • Real estate is inherently illiquid • You may not be able to sell your position before project exit • Secondary market availability is not guaranteed **Tenant/Occupancy Risk** • Properties may experience vacancies • Tenants may default on rent • Tenant turnover affects cashflow **Construction/Development Risk** • Projects may face delays • Costs may exceed budgets • Construction quality issues may arise • Permits or approvals may be delayed or denied **Interest Rate Risk** • Rising rates may affect property values • Refinancing costs may increase • Cap rates may expand **Regulatory/Tax Risk** • Laws and regulations may change • Tax treatment may be modified • Zoning or planning rules may affect projects

Digital representation of investments carries additional risks: **Technology Risk** • Platform outages or technical failures • Security vulnerabilities • Software bugs or errors **Transfer Restrictions** • Tokens may have limited transferability • Regulatory restrictions may apply • No guaranteed secondary market **Custody Risk** • Digital assets require secure custody • Loss of access credentials may affect holdings **Regulatory Uncertainty** • Tokenization regulations are evolving • Future regulatory changes may impact operations

Each project has unique risks including: • Sponsor/operator experience and track record • Project location and local market dynamics • Business plan assumptions and execution • Third-party dependencies (contractors, tenants, lenders) • Force majeure events (natural disasters, pandemics) **Always read the complete project documentation** including investment memoranda, risk factors, and disclosure documents before investing.

**YOU MAY LOSE SOME OR ALL OF YOUR INVESTED CAPITAL** Investments through Flippex: • Are NOT bank deposits • Are NOT insured by any government agency • Are NOT guaranteed by Flippex Only invest amounts you can afford to lose entirely. Consider your overall financial situation and risk tolerance before investing.

Investment availability varies by: • Your country of residence • Your investor status (retail, professional, accredited) • Specific offering requirements It is your responsibility to ensure you are eligible to invest and that doing so complies with laws in your jurisdiction.

Before investing, you should: • Read ALL project documentation thoroughly • Understand the investment structure and your rights • Review all disclosed risks and assumptions • Assess your own financial situation and risk tolerance • Consult qualified financial, tax, and legal advisors • Ask questions if anything is unclear Flippex's due diligence does NOT replace your own independent assessment.