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Bewater Asset Management is an Asset Manager of Closed-End Funds supervised by the CNMV registered with the CNMV under the number 134 . CIF A88020649, registered in the Mercantile Registry of Madrid, tomo 37.416, folio 68, sección 8, hoja M-666983, Inscripción 1. 2018. Bewater Funds is the commercial brand name of the Asset Manager. © Bewater AM. All Right Reserved 2018-2019.

Investment in private companies involves very high levels of risk and should only be undertaken as part of a diversified investment portfolio. Bewater Funds is exclusively aimed at investors who are experienced enough to understand the high risks of investing in unlisted companies, including lack of liquidity or total loss of capital invested.