Terms & Conditions Welcome to www.arcfinancial.com (the "Site"), a Site owned and operated by ARC Financial Corp. ("ARC"). All materials appearing on the Site are either owned by ARC or by third parties and are posted on the Site by virtue of a license, grant or some other form of agreement between such third party and ARC. The Site has been created for your personal use and information. However, in order to access the Site or use the materials contained on the Site you must agree to abide by these Terms and Conditions and all applicable laws. Your use of the Site means that we will assume you have consented to the terms and conditions listed herein, as amended from time to time, and each time you use the Site you indicate your acknowledgement and acceptance of the Terms and Conditions. If you disagree with any of these Terms and Conditions, you should leave the Site immediately. As ARC reserves the right to modify or amend these Terms and Conditions without notice at any time, it is important that this page be read on a regular basis so you are aware of any such changes. 1. Proprietary Rights All content included on the Site (including, without limitation, documents, the design, text, graphics, trade-marks, service marks, logos, slogans and Internet domain names as well as any podcasts, audio or video), and any selection or arrangement thereof (collectively, the "Content"), is the exclusive property of ARC or its licensors and is protected by international copyright, trademark, services marks, patents, or other proprietary rights and laws. Use of any such property, except as expressly authorized, shall constitute a violation of the rights of the owner of the property. Copyright Notice: Copyright 2019 ARC Financial Corp. Calgary, Alberta, Canada, All rights reserved. 2. Use of Site ARC agrees to provide access to the Site and its Content to you solely in accordance with the Terms of Use. In consideration therefore, you shall: (a) not copy, reproduce, republish, upload, post, transmit, or distribute, publicly display or modify in whole or in part, the Content from the Site in any way whatsoever without the prior written approval of ARC except that you have the right to download one copy of the materials on any single computer, for your personal, non-commercial use only, provided that you keep intact all copyright, trade-mark and proprietary notices and ARC is appropriately accredited; (b) use the Content solely for lawful purposes; (c) not create derivative works from, exploit or modify the Content in any way; (d) not interfere with the security of, or otherwise abuse the Site or any system resources, services or networks connected to or accessible through this Site; (e) understand and agree that the Site, the services and the Content are provided "as is" and that ARC assumes no responsibility in connection with your use of the Site, the services or the Content provided herein; (f) not interfere with or disrupt the Site, the services, the Content or servers or network connected to the Site, the services or the Content, or disobey any requirements, procedures, policies, or regulations of networks connected to the Site, the services or the Content; (g) not intentionally or unintentionally violate any applicable local, provincial/state, national or international law; (h) only use this Site or access the Content if you are legally able to make binding contracts under applicable law; (i) acknowledge that the unauthorized use of the Content may cause irreparable harm to ARC and that in the event of an unauthorized use, ARC shall be entitled to an injunction, in addition to any other remedies available at law or in equity, to prevent such irreparable harm and that the balance of convenience in preventing such use rests with ARC. 3. No Solicitation and Jurisdiction This Site does not constitute an offering under applicable securities legislation. All potential investors should seek independent information and advice from qualified investment professionals. 4. No Suitability Review, No Advice No Suitability. ARC does not determine the general investment needs and objectives of the Site user or provide determinations of suitability in respect of proposed purchases or sales of any securities. No Advice. ARC does not provide advice or recommendations regarding the purchase or sale of any securities. Information on the Site is for informational purposes only and none of the information contained herein is intended to provide, nor should be construed as, investment, financial, legal, accounting or tax advice and should not be relied upon in that regard. ARC expressly rejects any responsibility for the appropriateness of the information described herein for any reader’s, viewer’s or listener’s purposes, as well as for the results obtained from using such information. Readers, viewers and listeners are cautioned that they are responsible for the accuracy and appropriateness of utilizing information contained within this website (including, without limitation, in the Content). 5. Forward Looking Statements Certain information within this Site (including, without limitation, in the Content) may contain forward looking statements and statements of financial outlooks (collectively, “forward looking statements”) under the meaning of applicable securities laws. Forward looking statements include estimates, plans, including expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact, including but not limited relating to economic and global and industry conditions and commodity prices. Such statements involve significant known and unknown risks, uncertainties and other factors outside of ARC’s control that could cause actual results to differ materially from those expressed in the forward looking statements. Neither ARC nor any of its affiliates undertakes any obligation to publicly revise such forward looking statements to reflect subsequent events or circumstances, except as required by law. ARC has a risk profile commensurate with investments in the oil and gas sector, and in particular, investments in smaller high risk enterprises within the sector. The risks associated with oil and gas investing include, but are not limited to: the price risk associated with crude oil and natural gas prices, the risks inherent in exploring for oil and gas reserves (e.g. operational risks in the development, exploration and production of crude oil and natural gas, delays or changes with respect to exploration or development projects or capital expenditures, the uncertainty of reserve estimates, the uncertainty of estimates and projections relating to production costs and expenses and health, safety and environmental risks), the risk of an investment in smaller companies and general market risk. Because of the risks, uncertainties and assumptions inherent in forward looking statements, users of the Site including prospective investors in ARC's securities (including, without limitation, readers, viewers and listeners of the Content) should not place any reliance on these forward looking statements. 6. Use of Third Party Information and Links to Third Party Websites In connection with the preparation of Content on this website, certain of the information and data herein have been obtained from publicly available documents and other sources prepared by third parties, or has been presented by third parties (including, without limitation, statements, opinions and views of third parties and guests / interviewees in any podcast, audio or video portions of the Content), and ARC has relied upon such information and data. ARC does not audit or otherwise verify such information (or statements, opinions or views) and data, does not represent that any such information and data is accurate or complete, and disclaims any responsibility or liability for such information and data and such statements, opinions and views. The Site (or the Content therein) may provide, or third parties may provide, links (or other references) to other world wide websites or resources. ARC has not reviewed all of the sites and resources that are linked to or referenced in its Site or the Content, and the existence of a link or reference does not indicate any approval or endorsement of any material contained on any link or reference. ARC is not responsible for the contents of any site or resource linked to or referenced in its Site or the Content and your connection to those linked or referenced sites and resources is at your own risk. Because ARC has no control over such sites and resources, you acknowledge and agree that ARC is not responsible for the availability of such external sites or resources and does not endorse nor is responsible or liable for any content, advertising, products or other materials or information on or available from such sites or resources. You further acknowledge and agree that ARC shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource. 7. Opinions and Estimates NARC has provided all the opinions and estimates of its employees on or referenced in this Site in good faith but without legal responsibility. All the opinions and estimates provided by ARC employees on or referenced in this Site are provided as of the date specified in such Content and are subject to change without notice. As noted herein (including without limitation in Section 5 above) any statements, opinions, views or estimates provided by third parties (including, without limitation, guests / interviewees in any podcast, audio or video portions of the Content) which are contained, linked or referenced in the Content are those of such third party and not of ARC. 8. Links to the Site No link to the Site may be "framed" to the extent such frame contains any sponsorship, advertising or other commercial text or graphics. All links to the Site must be to www.arcfinancial.com, the Site welcome page. "Deep linking" to internal pages of the Site is expressly prohibited. 9. Cookies and Web Beacons To enhance your experience with the Site, ARC reserves the right to use "cookies." Cookies are text files we place in your computer's browser to store your preferences. Cookies, by themselves, do not tell us your e-mail address or other personal information. We use cookies to understand site usage and to improve the content and offerings on the Site. For example, we may use cookies to personalize your experience at our Site (e.g., to recognize you by name when you return to our Site), or save your password in password-protected areas. We also may use cookies to offer you products, programs, or services. If you do not wish to accept cookies from the Site you can configure your Internet browser to refuse cookies. Should you choose not to accept cookies, you may be limiting your ability to utilize certain sections of the Site. "Web beacons" or clear .gifs are small pieces of code placed on a web page to monitor the behaviour and collect data about the visitors viewing a web page. For example, web beacons can be used to count the users who visit a web page or to deliver a cookie to the browser of a visitor viewing that page. We may use web beacons on this Site from time to time for this and other purposes. 10. Viruses ARC assumes no responsibility and shall not be liable to you or to any other party for any damages to or any viruses, "Trojan horses", "worms", "cancelbots" or other harmful, disruptive or destructive files or computer programs that may infect your computer equipment or other property on account of your access to, use of or browsing on the Site or your downloading of any the Content from the Site. 11. Liability Disclaimer To the extent permitted by law, ARC hereby disclaims all liability (howsoever arising) in connection with any loss or damage, arising out of or in connection with any use of, or inability to use, all or any part of the Site, the Content or any website to which the Site is linked or which is referenced in the Site or in the Content, or any action taken (or refrained from being taken) as a result of using any of the foregoing. 12. Limitation of Liability ARC shall not be liable for any direct, indirect, incidental, special, consequential, punitive or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if ARC has been advised of the possibility of such damages), in contract, tort or any other cause of action, resulting from: (i) the use or the inability to use the Site or the Content; (ii) unauthorized access to or alteration of your transmissions or data; (iii) statements posted by, or the conduct of, any third party on the Site or in the Content, including, without limitation, the posting or transmission by third parties of defamatory, offensive or illegal material; or (iv) the use or reliance on any Content or matter relating to the Site. This limitation of liability applies, without limitation, to any damages or injury caused by any error, omission or other failure of performance by ARC, its affiliates and business partners; any interruption, defect or delay in operation or transmission, including communication line failure; any computer virus; and any theft, destruction or alteration of, or unauthorized access to or use of, any electronic records. 13. Indemnity You agree to indemnify, defend and hold harmless ARC and each of its officers, directors, employees, affiliates and other related entities, agents, representatives, successors and assigns from any and all claims, liabilities, damages, losses, costs and expenses (including solicitor and his own client costs and fees) arising out of your use of or connection to the Site or the Content, any violation of these Terms and Conditions by you or any violation of applicable law or rights properly belonging to another party by you. 14. Disclaimer of Representations, Warranties and Conditions The Site is provided by ARC in good faith but ARC does not make any representations or warranties of any kind, express or implied, in relation to all or any part of the Site or the Content or any websites or resources to which the Site is linked or which are referenced on the Site, and all representations and warranties are hereby excluded to the extent permitted by law. Further, nothing on the Site or in the Content constitutes advice, nor should the Site or the Content, or in either case any part thereof, be relied upon in making, or refraining from making, any decision. Furthermore, neither the Site nor the Content contained therein are necessarily reflective of the views or policies of ARC. There is no guarantee that the Site or the Content will be free of infection by viruses or anything else which may be harmful or destructive. You expressly understand and agree that: (a) Your use of the Site is at your sole risk. The Site is provided on an "as is" and "as available" basis. ARC expressly disclaims all representations, warranties and conditions of any kind, whether express or implied, including, but not limited to, representations, warranties or conditions of title and non-infringement and the implied warranties of merchantability and fitness for a particular purpose. (b) ARC makes no warranty that (i) the Site, the services or the Content will meet your requirements, (ii) the Site, the services or the Content will be uninterrupted, timely, secure or error-free, (iii) the results that may be obtained from your use of the Site, the services or the Content will be accurate or reliable, (iv) the quality of any products, services, information obtained by you through the Site, the services or the Content will meet your expectations, and (v) any errors in the software operating on the Site will be corrected. (c) Any material downloaded or otherwise obtained through the use of the Site or the services is done at your own discretion and risk and that you will be solely responsible for any damage to your computer system or loss of data that results from the download of any such material. (d) No advice or information, whether oral or written, obtained by you from the Site or through or from the services or the Content shall create any warranty or condition not expressly stated in the terms. 15. Exclusions and Limitations Some jurisdictions do not allow the exclusion of certain warranties or the limitation or exclusion of liability for incidental or consequential damages. Accordingly, some of the above limitations of may not apply to you. 16. Privacy and Protection of Personal Information ARC respects the privacy and confidentiality of your personal information. ARC does not collect your personal information through this Site, except when you voluntarily provide it in an e-mail message to us, a “Post a Comment” section of the site or when you subscribe to receive communications from us. ARC's general policies with respect to the collection, use and disclosure of personal information are reflected in our company privacy policy and any questions in that regard may be directed to ARC's Privacy Officer at genfeedback@arcfinancial.com. 17. E-mail Communication The Site allows a user to voluntarily submit an e-mail address to ARC in circumstances where the user wants to obtain further information about ARC, the Site content or services. In those circumstances, ARC will route the user e-mail to the appropriate party and will answer the question. Once the question or inquiry has been answered, the applicable email correspondence will be stored in ARC's systems. Any personal information contained in such correspondence will be stored in accordance with ARC's privacy policy referenced in Section 16 above. Please note that the Internet is not a fully secure medium and that any messages sent may be lost, intercepted or altered, consequently we recommend that you do not include personal information in your communication with us. ARC is not liable for any damages arising from e-mail messages sent to us or comments submitted on the Site. With respect to any such information provided to ARC through the Site, you acknowledge and agree that: (a) the information is not confidential; (b) ARC has no obligation regarding such information; and (c) ARC may use, reproduce and disclose such information for any purpose. 18. Collection of Information by Third-Party Sites This Site or the Content may contain links or references to other sites whose information practices may be different than ARC's. You should consult the other sites' privacy notices as ARC has no control over information that is submitted to, or collected by, these third parties. 19. Notice ARC may provide notices of changes to the terms and conditions of use or other matters by displaying notices or links on the Site or by simply posting amended terms and conditions of use on the Site. You may provide notices to ARC by email at genfeedback@arcfinancial.com. You are encouraged to print a copy of these terms and conditions to keep with your records and to refer back to in future. 20. General These Terms and Conditions will be governed and interpreted in accordance with the laws of the Province of Alberta. Any dispute under these Terms and Conditions will be brought in the Court of Queen's Bench, sitting in Calgary, Alberta. If you use the Site or access the Content from another jurisdiction, you are responsible for compliance with any and all applicable local laws. ARC makes no representation that the Site or the Contents are appropriate for users outside the Province of Alberta. ARC reserves the right to change these Terms and Conditions without notice at any time. Any changes will be posted to this page and it is your responsibility to ensure that you are aware of any such changes from time to time. Changes will become effective 24 hours after they are first posted and you will be deemed to have accepted any change if you continue to access the Site or the Content after that time. These Terms and Conditions operate to the fullest extent permissible by law. If any provision of these Terms and Conditions is unlawful or unenforceable, that provision is deemed severable from these Terms and Conditions and does not affect the validity and enforceability of any remaining provisions. ALL RIGHTS NOT EXPRESSLY GRANTED HEREIN ARE RESERVED. 4300, 400 - 3 Avenue SW, Calgary, Alberta T2P 4H2 Canada Copyright © 2021 ARC Financial Corp. TERMS & CONDITIONS