Terms of Service

TERMS OF SERVICE GREN WORLD MANAGEMENT S.à r.l. — Corporate Informational Website Version 3.0 — July 2026

1. Identification of the Operator and Acceptance

These terms of service (the "Terms") govern access to and use of the website www.grenfinance.com (the "Website"), owned and operated by GREN WORLD MANAGEMENT S.à r.l., a private limited liability company (société à responsabilité limitée) incorporated under the laws of the Grand Duchy of Luxembourg, registered with the Luxembourg Trade and Companies Register under number B304466, EUID LURCSL.B304466, with registered office at 2-4, Parc d'Activités Capellen, L-8308 Capellen, Grand Duchy of Luxembourg (the "Company"). By accessing or using the Website, each user (the "User") accepts these Terms in their entirety and agrees to be bound by them, together with the Legal Notice & Disclaimer, the Privacy Policy, and the Cookie Policy, which form an integral part hereof. Users who do not accept these Terms shall immediately discontinue use of the Website.

2. Interpretation

In these Terms, unless the context otherwise requires: (i) headings are for convenience only and shall not affect interpretation; (ii) references to any law, regulation, or directive include any amendment, re-enactment, or implementing measure thereof; (iii) the words "include", "including", and "in particular" shall be construed without limitation; and (iv) capitalised terms not otherwise defined herein shall have the meaning ascribed to them in the Legal Notice & Disclaimer.

3. Nature and Purpose of the Website

The Website is a non-transactional corporate informational interface operated for general communication and institutional presentation purposes. All content, materials, data, and information made available on the Website (the "Content") are provided exclusively for informational purposes. Nothing on the Website constitutes, or shall be deemed to constitute, an offer, invitation, or solicitation to subscribe for, purchase, or sell any financial instrument; investment, legal, tax, or other professional advice; or a recommendation or suitability assessment. Any information relating to investment strategies or investment ideas of alternative investment funds is provided in the context of pre-marketing within the meaning of Article 4(1)(aea) and Article 30a of Directive 2011/61/EU (AIFMD), carried out by, or under the responsibility of, the duly authorised alternative investment fund manager (the "AIFM"); such information is incomplete, subject to change, and no subscription is possible at this stage. No regulated investment service or activity within the meaning of Directive 2014/65/EU (MiFID II) is provided through the Website.

4. Eligible Audience and Regulatory Restrictions

The Website is intended exclusively for professional clients within the meaning of Annex II of MiFID II, well-informed investors within the meaning of applicable Luxembourg law, and institutional counterparties. Access to information concerning any product or service subject to licensing, authorisation, or distribution restrictions is strictly reserved to persons qualifying under the applicable regulatory framework. The User is solely responsible for ensuring that their access to and use of the Website complies with the laws and regulations applicable to them, including any restriction in force in their jurisdiction of residence or establishment. The Website and the Content are not directed at any person in any jurisdiction where their publication or availability would be contrary to applicable law, and are not intended for distribution to, or use by, US persons as defined under Regulation S of the U.S. Securities Act of 1933, as amended. The Company reserves the right to restrict or deny access to the Website, in whole or in part, from any jurisdiction, at any time and without prior notice.

5. No Reliance; Prevalence of Constitutive Documentation

The User acknowledges and agrees that: (i) they shall not rely on the Content as a substitute for independent professional advice appropriate to their specific circumstances; (ii) any subscription of interests in any alternative investment fund may occur exclusively on the basis of the constitutive and offering documentation of the relevant fund; and (iii) in the event of any inconsistency between the Content and such documentation, the latter shall prevail in all respects.

6. Permitted Use; Prohibited Conduct

The User may access and view the Content solely for personal, internal, and non-commercial informational purposes. The User shall not: (i) reproduce, distribute, modify, transmit, republish, frame, scrape, or commercially exploit the Content, in whole or in part, without the prior written consent of the Company; (ii) use the Website in any manner that could damage, disable, overburden, or impair it, or interfere with any other party's use thereof; (iii) attempt to gain unauthorised access to the Website, its servers, or any connected system or database; (iv) introduce viruses, malware, or any other technologically harmful material; (v) use automated means, including robots, crawlers, or data-mining tools, to access or collect data from the Website, except as permitted by law; or (vi) use the Website for any unlawful, fraudulent, or abusive purpose.

7. Intellectual Property

All trademarks, trade names, logos, text, graphics, images, multimedia content, software, databases, and any other material published on the Website are the exclusive property of the Company, of entities of its group, or of duly licensed third parties, and are protected by applicable intellectual property laws. No right, title, interest, or licence in or to any element of the Content is granted to the User other than the limited right of consultation set out in Section 6.

8. Third-Party Websites

The Website may contain hyperlinks to third-party websites or resources, provided for convenience only. The Company has no control over, and assumes no responsibility or liability for, such third-party websites, their content, their security, or their privacy and data protection practices. Access to any third-party website is at the User's sole risk, and the inclusion of any hyperlink does not imply endorsement, sponsorship, or affiliation.

9. Disclaimer of Warranties

The Website and the Content are provided on an "as is" and "as available" basis, without warranties of any kind, whether express, implied, statutory, or otherwise, including, without limitation, any warranty of accuracy, completeness, timeliness, merchantability, fitness for a particular purpose, non-infringement, or uninterrupted, secure, or error-free operation. The Company does not warrant that the Website will be free of viruses or other harmful components, or that any defect will be corrected.

10. Limitation of Liability

To the fullest extent permitted by applicable law, the Company, its direct and indirect shareholders, affiliates, and their respective directors, managers, officers, employees, agents, and advisers shall not be liable to the User or to any third party for any loss or damage of any kind — whether direct, indirect, incidental, consequential, special, or punitive, and including, without limitation, loss of profits, revenue, data, business, or goodwill — arising out of or in connection with the access to, use of, inability to use, or reliance upon the Website or the Content. Nothing in these Terms shall exclude or limit any liability that cannot be excluded or limited under applicable mandatory law, including liability for fraud (dol) or gross negligence (faute lourde).

11. Indemnification

The User shall indemnify and hold harmless the Company and the persons referred to in Section 10 from and against any claim, demand, loss, damage, cost, or expense (including reasonable legal fees) arising out of or in connection with the User's breach of these Terms or violation of any applicable law in connection with the use of the Website.

12. Data Protection and Cookies

The processing of personal data carried out through the Website is governed by the Privacy Policy, and the use of cookies and similar technologies by the Cookie Policy, both available on the Website and incorporated herein by reference.

13. Availability; Modifications to the Website and the Terms

The Company may, at any time and without prior notice, modify, suspend, or discontinue the Website, in whole or in part, and amend, update, or replace these Terms. Amended Terms shall take effect upon publication on this page, together with the date of the latest revision. The User's continued use of the Website following such publication shall constitute acceptance of the amended Terms. Users are encouraged to review these Terms periodically.

14. Severability; No Waiver; Entire Terms

If any provision of these Terms is held to be invalid, illegal, or unenforceable by any court or authority of competent jurisdiction, such provision shall be deemed severed to the extent of such invalidity, and the remaining provisions shall continue in full force and effect. No failure or delay by the Company in exercising any right or remedy under these Terms shall operate as a waiver thereof. These Terms, together with the documents incorporated by reference herein, constitute the entire terms governing the use of the Website.

15. Language

These Terms are drawn up in the English language. Any translation is provided for convenience only; in the event of any discrepancy, the English version shall prevail to the extent permitted by applicable law.

16. Governing Law and Jurisdiction

These Terms, and any non-contractual obligation arising out of or in connection with them, shall be governed by, and construed in accordance with, the laws of the Grand Duchy of Luxembourg, without prejudice to any mandatory provision of the law of the country in which the User is habitually resident. Any dispute arising out of or in connection with these Terms, the Website, or the Content that cannot be settled amicably shall be subject to the exclusive jurisdiction of the courts of the judicial district of Luxembourg City, Grand Duchy of Luxembourg, save where mandatory applicable law provides otherwise.

17. Contact

For any enquiry concerning these Terms, please contact GREN WORLD MANAGEMENT S.à r.l. at legal@grenfinance.com. The registered office is located at 2-4, Parc d'Activités Capellen, L-8308 Capellen, Grand Duchy of Luxembourg. Additional information is available at www.grenfinance.com.

GREN WORLD MANAGEMENT S.à r.l. — Terms of Service — Version 3.0 — July 2026