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Important Information

This presentation is not an offer or advertisement; it is not intended for public use or distribution. The strategies presented are currently provided through separately managed accounts.

THIS MATERIAL MAY ONLY BE PROVIDED TO YOU BY TOKEN METRICS AND IS FOR YOUR PERSONAL USE ONLY AND MUST NOT BE PASSED ON TO THIRD PARTIES WITHOUT THE PRIOR EXPRESS WRITTEN CONSENT OF TOKEN METRICS. IF YOU HAVE NOT RECEIVED THIS MATERIAL FROM TOKEN METRICS, YOU ARE HEREBY NOTIFIED THAT YOU HAVE RECEIVED IT FROM A NON AUTHORIZED SOURCE THAT DID NOT ACT ON BEHALF OF TOKEN METRICS AND THAT ANY REVIEW, USE, DISSEMINATION, DISCLOSURE OR COPYING OF THIS MATERIAL IS STRICTLY PROHIBITED. BEFORE MAKING AN INVESTMENT DECISION, PLEASE CONSULT A QUALIFIED INVESTMENT AND TAX ADVISOR.

Any projections, market outlooks or estimates in this material are forward-looking statements and are based upon certain assumptions that are solely the opinion of Token Metrics. Any projections, outlooks or assumptions should not be construed to be indicative of the actual events which will occur. Further, any information regarding portfolio composition, portfolio composition methodology, investment process or limits, or valuation methods of evaluating companies and markets are intended as guidelines which may be modified or changed by Token Metrics at any time in its sole discretion without notice.Forecasts, estimates, and certain information contained herein are based upon proprietary research and the information contained in this material is not intended to be, nor should it be construed or used as investment, tax or legal advice, any recommendation, or an offer to sell, or a solicitation of any offer to buy, an interest in any security.

References to specific securities and their issuers or sectors are for illustrative purposes only and are not intended and should not be interpreted as recommendations to purchase or sell such securities or gain exposure to such sectors. The strategies may or may not own the securities or be exposed to the sectors referenced and, if such securities are owned or exposure maintained, no representation is being made that such securities will continue to be held or exposure maintained. Where mentioned, maximum gross exposure is equivalent to the sum of gross long and gross short position. All commodity positions are valued on a notional basis. A position is defined as a single holding, long or short, in a security. Non-Token Metrics proprietary information contained herein has been obtained from sources believed to be reliable, but not guaranteed. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission of Token Metrics.