DISCLAIMER

* In connection with the contemplated fundraising, INVICTUS Group or its subsidiary companies (or the “Company”) is issuing this Web-site (the “Web”) to a limited number of recipients (individually the “Recipient”) for the sole purpose of assisting them in assessing whether they wish to proceed with a further investigation of the Company.
* The Web has been prepared only for information purposes, relating solely to the Company, and should not under any circumstances be construed as a prospectus, an advertisement, a public offering, an invitation or an offer to buy or sell or a solicitation of an offer to buy or sell any securities, instruments, or products or limited partnership interests in any jurisdiction.
* This Web or any information contained herein must not be reproduced, disclosed or distributed in whole or in part to any other persons at any time. The Recipient is reminded that all the discussions regarding the Company are confidential. Recipients of this Web may not disclose to any third party (unless required by law) the fact that they are involved in any evaluation of the Company.
* The Web is for exclusive use and benefit of its intended Recipient and its contents shall be kept strictly confidential and shall not be disclosed to any person other than its intended Recipients.
* The Web is by its nature preliminary and does not purport to contain all the information that a prospective purchaser may require in making the decision to express an interest in participating in the Company. The projected figures and forward-looking statements which may be subject to change at any time without further notice. None of the information contain in this Web has been independently verified.
* Therefore, no representation or warranty of any kind, expressed or implied or will be made in relation to the accuracy or completeness of this Web or any other information made available. Furthermore, no responsibility or liability of any kind is or will be accepted by the Company or by any of its respective offices, employees, advisers or agents who expressly disclaim any and all liabilities which may be based on, or may derive from any information, errors, omission or misstatements contain in this Web.
* In displaying this Web, the Company does not undertake to provide the Recipient with access to any additional information or to update this information provided or to correct any inaccuracies therein that may become apparent.
* The Recipient is recommended to seek his own independent advice, including but not limited to financial, tax, accounting and legal advice. The Company is nor providing advice to the Recipient and the Recipient of this Web will remain in any event the sole party responsible for his or her own evaluations on the Company and the opportunity to proceed to the negotiation of the Company.
* This Web does not constitute an offer or invitation for the sale or purchase of securities, any part of the businesses or assets described herein and does not constitute any form of commitment or recommendation on the part of anyone including the Company.
* The Recipient of this Web shall inform himself or herself about any legal requirements applicable in their respective jurisdiction and to their corporate status. In particular, but without limitation to the generality of the foregoing, the distribution of this Web in certain jurisdiction may be restricted by law and, accordingly, the Recipient represents that he or she is able to receive this memo without contravention of any unfulfilled registration requirements or other legal restrictions in the jurisdiction in which he or she resides or conducts business or in which he or she receives this Web and which could notably result from the absence of registration, visa, or approval of this Web in this jurisdiction.