ABOUT APPROACH ESG TEAM PORTFOLIO UPDATES CONTACT LP LOG IN TERMS OF USE Individuals who access the information made available on MiddleGround Capital’s web site (the “Website”) agree to the following. All references to “MiddleGround” shall include MiddleGround Capital and any affiliates, and their respective directors, officers, members, partners or employees. For Information Only The information contained herein does not constitute a distribution, an offer to sell or the solicitation of an offer to buy any securities in any jurisdiction in which such distribution or offer is not authorized, is contrary to local law or regulation or that would subject MiddleGround to any registration requirement within such jurisdiction. In particular, the information herein is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States (“”US””) to or for the benefit of any US person (being residents of the US or partnerships or corporations organized under the laws of the US). No information in this Website constitutes investment, legal, tax or other advice nor is it to be relied upon in making any investment decision. Subscriptions for share or units in any MiddleGround portfolios or funds will only be made on the basis of the current prospectus or offering circular (or other offering document) for the relevant fund. Risk Factors Our strategies are available only to qualified investors who have reviewed detailed information concerning investment terms and risks. These risks include, among others, the following: Performance can be volatile, and an investor could lose some or all of an investment. The strategy may use leverage. The investor does not retain any trading authority over assets placed with us. None of our strategies is intended, by itself, to provide an investor with an investment program that is diversified or otherwise tailored to suit any individual investor’s overall investment needs. Investments may not be liquid or transferrable. Fees and expenses may offset trading profits. MiddleGround is subject to certain conflicts of interest. Investment Performance There is no assurance that MiddleGround or any investment strategy will meet its investment objectives or target returns or achieve performance in line with past results. Investors should seek financial advice regarding the appropriateness of investing in any securities or investment strategies discussed or recommended in this website and should understand that statements regarding future prospects may not be realized. Investors should note that income from such investments fluctuates and prices or values will rise or fall, causing gains or losses. PAST PERFORMANCE IS NOT NECESSARY A GUIDE TO FUTURE PERFORMANCE. No Warranties All information and content on this website is furnished “”AS IS,”” without warranty of any kind, express or implied, including but not limited to implied warranties of merchantability, fitness for a particular purpose, or investor suitability. No representation, warranty or undertaking, express or implied, is given with respect to the accuracy or completeness of the information contained in the Website; no reliance may be placed for any purpose on such information; and no liability is accepted by any person for the accuracy and completeness of any such information. MiddleGround will not assume any liability for any loss or damage of any kind, arising, whether direct or indirect, caused by the use of any part of the information provided and will not be liable to you for any direct, indirect, consequential, or incidental damages or any other damages of any kind even if MiddleGround or any party has been advised of the possibility thereof. Proprietary Rights All copyrights and intellectual property rights to information or materials on the Website belong to or are licensed to MiddleGround. If you download or copy any information from this Website, you agree that you will not copy or remove or obscure any copyright or other notices or legends containing such information. No permission is granted to copy, distribute, modify, post or frame any text, graphics, video, audio, software code, or user interface design or logos, in whole or in part, in any medium, without the prior written permission of MiddleGround. The entire website is subject to copyright with all rights reserved. MiddleGround reserves the right to monitor at its discretion any and all use of the Website. Use of Links This website may contain hyperlinks to websites operated by other parties. MiddleGround does not control the content or accuracy of information on such websites and does not otherwise endorse the material placed on such sites. The hyperlinks are provided for your reference only. Governing Law and Jurisdiction These terms and your use of the Website shall be governed by the laws of the United States of America and the State of New York without regard to its conflicts of laws principles. Any legal proceeding or action related to this Website shall be brought exclusively in a federal or state court of competent jurisdiction sitting in New York. The terms and conditions above relate only to the Website and are subject to change without notice. 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