Confidential — Access Restricted

You have been given access to these materials personally, because of an existing relationship with Johnson Randall LLC ("J | R") or its personnel. This offering is conducted under Rule 506(b) of Regulation D and is not offered by means of general solicitation or general advertising. By continuing, you confirm that you were invited directly by J | R, that you did not learn of this offering through any advertisement, public posting, broadcast, social media, or meeting open to the public, and that your relationship with J | R predates your being told about this opportunity.

You further confirm that you are an accredited investor as defined in Rule 501(a) of Regulation D, that you are able to bear the economic risk of this investment including the complete loss of your capital, and that you have no need for liquidity with respect to the amount you may invest.

These materials are confidential and are furnished to you alone for the sole purpose of evaluating a possible investment. Each document is watermarked to you. You may not reproduce, forward, or disclose them to anyone other than your own legal, tax, or financial advisers, who must be bound by the same obligation of confidentiality, and your access link is personal and non-transferable. If you do not invest, you agree to return or destroy these materials upon request.

Nothing here is an offer to sell or a solicitation of an offer to buy any security. Any offer is made solely by means of the Confidential Private Placement Memorandum and related definitive documents, which contain important information about the terms of the offering and the risks of investment and which govern in all respects; the presentation and any summary materials are qualified in their entirety by the Memorandum. The interests have not been registered under the Securities Act of 1933 or any state securities law and are offered in reliance on exemptions from registration. No regulatory authority has approved these securities, passed on the merits of the offering, or determined that these materials are accurate or complete. The interests are speculative and illiquid, involve a high degree of risk including the risk of total loss, and are suitable only for investors who can bear those risks. Past performance is not indicative of future results.