Disclosures

FRECHETTE INC, LLC (“FRECHETTE INC”) operates a website at FRECHETTE INCcapital.com (the “Site”). The information contained on the Site neither constitutes an offer for nor a solicitation of interest in any securities offering; and any offer, solicitation or sale of any securities will be made only by means of an offering circular, private placement memorandum, or prospectus and related offering documents. Such solicitations will not result in a sale unless the investor makes an offer to buy by completing the subscription document. Any other indication of interest in an offering may be withdrawn or revoked, without obligation or commitment of any kind. No money or other consideration is hereby being solicited and will not be accepted without such potential investor having been provided the applicable offering documents and completed the relevant subscription documents, and (with respect to Regulation A offerings) such offering document being qualified with the SEC and the sale of such securities being permitted by state law. Joining the Site neither constitutes an indication of interest in any offering nor involves any obligation or commitment of any kind.

PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS, AND ANY EXPECTED RETURNS OR HYPOTHETICAL PROJECTIONS MAY NOT REFLECT ACTUAL FUTURE PERFORMANCE. FURTHERMORE, PAST RETURNS MAY REFLECT THE PERFORMANCE OF ASSETS FOR A FINITE TIME, OR DURING A PERIOD OF EXTREME MARKET ACTIVITY. ALL INVESTMENTS INVOLVE RISK AND MAY RESULT IN PARTIAL OR TOTAL LOSS. There can be no assurance that an investment mix or any projected or actual performance shown on the Site will lead to the expected results shown or perform in any predictable manner. It should not be assumed that investors will experience returns in the future, if any, comparable to those shown or that any or all investors on the Site experienced such returns.

Historical and Projected Performance Disclosure

In considering any performance information shown on the Site, one should bear in mind that past or targeted performance is not indicative of future results, and there can be no assurance that any issuer will achieve comparable results or that target returns will be met. One should also bear in mind that targeted portfolio characteristics are not indicative of future results, and there is no assurance that target portfolio characteristic will be achieved.

References to “Targeted IRR” and “Targeted Equity Multiple” represents a property’s internal rate of return (“IRR”) or equity multiple based on such property’s forecasted cash flows generated over a period of time and the amount invested in the property. This is different from the forecasted IRR or Equity Multiple to the investor in an applicable fund or other investment vehicle.

PROJECTED AND/OR HYPOTHETICAL PERFORMANCE DOES NOT REPRESENT AN ACTUAL INVESTMENT IN ANY OF THE OFFERINGS SPONSORED BY FRECHETTE INC, MAY NOT REFLECT THE POTENTIAL EFFECT OF MATERIAL ECONOMIC AND MARKET RELATED FACTORS, AND DO NOT REPRESENT THE ACTUAL PERFORMANCE OR EXPERIENCE OF ANY GIVEN INVESTOR ON THE FRECHETTE INCWEBSITE. Nothing contained on the Site should be deemed to be a prediction for projection of future performance of any issuer. Prospective investors should make their own investigations and evaluations of the information contained herein. Each prospective investor should consult its own attorney, business adviser and tax adviser as to legal, business, tax and related matters concerning the information contained herein and such offering.

The information shown on the Site uses or includes information compiled from sources outside of FRECHETTE INC and its affiliates. While such information is believed to be reliable for the purposes used herein, neither FRECHETTE INC, nor any of its affiliates or partners, members or employees, assume any responsibility for the accuracy of such information. Unless otherwise indicated, the information on the Site has not been reviewed, compiled or audited by any independent third-party or public accountant.

Actual investors on the Site may experience different results from any hypothetical results shown. There is a potential for loss, as well as gain, which is not reflected in the hypothetical information portrayed. The hypothetical performance results shown do not represent the results of actual investment activity but were achieved by means of the retroactive application of a model designed with the benefit of hindsight. Investors should carefully review the additional information presented on the Site as part of any hypothetical calculation.

Reviews and Comments Disclosure

All ratings and reviews are provided to various independent social media sites voluntarily. The average rating review is determined by the various independent social media sites, and not by FRECHETTE INC or any of its affiliates. Ratings and reviews are added continuously to the independent social media sites and average ratings are updated by the independent social media websites and not by FRECHETTE INC.

The ratings and experience of investors may not be representative of the experiences of all investors and is not indicative of any future success. The accuracy of information included in the ratings and reviews cannot be guaranteed by FRECHETTE INC or any of its affiliates.