Any and all information in the Report is provided for general information purposes only and does not constitute an offer or solicitation to buy or sell any securities or specific product and it does not constitute legal, tax, investment or financial advice or any professional advice. It is not intended as research, investment advice, or an invitation to conduct any investment business. The information presented may not be complete, accurate or sufficient to form the basis of any economic decision. Please consult your legal, financial and/or tax advisors before making any legal, commercial or investment decision, especially if it is in relation to any data or information discussed herein.

This Report does not constitute and should not be deemed to constitute (1) a prospectus, disclosure document, product disclosure statement, or any other offering document under any law or regulation; (2) any sort of financial or investment product or advice; (3) an offer or invitation to subscribe to or purchase any shares and/or digital assets; (4) a solicitation to engage in, or to refrain from engaging in, any acquisition of shares or other derivatives; or (5) the basis of any sort of contract, commitment or offer.

This Report is not being directed at, offered or distributed to any person located within Afghanistan, Anguilla, Antigua and Barbuda, Belarus, Belize, Burundi, Central African Republic, Cuba, Democratic Republic of Congo, Ethiopia, Fiji, Guam, Guinea, Guinea-Bissau, Haiti, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Moldova, Myanmar, Nicaragua, North Korea, Palau, Panama, Philippines, Russia, Samoa, Seychelles, Somalia, South Sudan, Sudan, Syria, Bahamas, Trinidad and Tobago, Turks and Caicos Islands, United States of America, U.S. Virgin Islands, United Kingdom, Ukraine, Vanuatu, Venezuela, Yemen, and Zimbabwe (collectively, the “Restricted Countries”) or domiciled in or a resident of any of the Restricted Countries or any jurisdiction where such offering or distribution is prohibited, restricted or unauthorized in any form or manner, whether in full or in part, under the laws, regulatory requirements or rules in such jurisdiction.

In any case, by accessing, obtaining or reading this Report, you are warranting that you are not located in or a resident of the Restricted Countries or domiciled in any other territory or jurisdiction where such offering or distribution is unlawful, prohibited, or lacking in any available exemptions.

Any financial or economic data presented in this Report has not been audited by an independent certified public accountant and may not have been prepared with the generally accepted accounting principles (GAAP), nor audited in accordance with the generally accepted auditing standards (GAAS), nor is it compliant with any specific regulatory standard or requirements. BreederDAO is not a traditional company; thus, the Report may not provide a comprehensive picture of the financial position, results of operations, or cash flows of BreederDAO. Unaudited financial information may contain material errors or misstatements that would be detected in an audit and, as a result, do not provide the same level of assurance as compared to audited financial information and statements. Readers of unaudited financial information should be aware of their limitations and should not rely on them for the same purposes as audited ones.

The Report, unless otherwise expressly stated, was made only on the basis of information known as of the date of the preparation of the Report, and may relate, partially, to events that are changing or ongoing. After you receive or gain access to this Report, subsequent changes in circumstances may occur at any time which may impact the accuracy of the enclosed information. The information provided in this Report which is unaudited may not reflect subsequent developments, events, or changes in circumstances that could impact the financial position or performance of the organization.

BreederDAO makes no representation or warranty, whether expressed or implied, regarding the accuracy, completeness, or reliability of the information contained within this Report. Persons having access to this Report are advised to exercise caution when relying on any information contained within for any decision-making process. To the maximum extent permitted by law, BreederDAO disclaims any and all liability and responsibility for any loss or damage (direct or indirect) incurred by any individual or entity arising from the use or reliance upon anything contained in or omitted from this Report, or in connection with this Report or BreederDAO, including, without limitation, any liability arising from fault or negligence.

The Report was prepared based on information available to the Presenter at the time of the Report’s composition and the statements mentioned herein are subject to due diligence procedures, regulatory requirements, and prevailing or anticipated market conditions. Statements in this Report are, unless otherwise expressly stated, made only on the basis of information known to the authors as of the date of composition of this Report, and relate, partially, to events that are changing or ongoing. The Report may contain “forward-looking statements,” including hypothetical or future-looking statements, goals, targets, estimates, and projections. The financial projections likewise provided in this Report are unaudited and should be considered as preliminary estimates. These projections are based on current assumptions and expectations and are subject to change without notice. Actual future results and operations could vary from any forward-looking statements in this Report. No representation or warranty is made that the assumptions upon which any enclosed forward-looking statements are based may be reasonable or guaranteed. Similarly, no warranty or representation (either express or implied) is made with regard to the accuracy, adequacy, reliability, or completeness of any opinion, estimates, statements, goals, targets or other information contained in this Report.

After you receive, gain access to or participate in this Report, subsequent changes in circumstances may occur at any time which may impact the accuracy of the enclosed information. To the maximum extent permitted by law, the authors disclaims any and all liability and responsibility for any loss or damage (direct or indirect) incurred by any individual or entity arising from the use or reliance upon anything contained in or omitted from this Report, or in connection with this Report or the authors, including, without limitation, any liability arising from the fault or negligence.

Any information, chart, graph, figure or statistic mentioned throughout the course of the event may have not been independently verified by the authors but taken from sources believed to be reasonably reliable. To the extent that third-party information is shown and discussed, the authors of the Report do not and cannot guarantee their timeliness, accuracy, and reliability. The authors undertake no obligation to update or correct any information that may be or may become obsolete, unreliable or inaccurate in this Report.

The BREED token is the governance and utility token of the BreederDAO ecosystem. Although certain data, metrics, and information about the operations and financial condition of the organization and the BREED token is presented in the Report, it must be understood that BreederDAO is not a traditional company and the BREED token is not shares, equity, or ownership interest in a company nor is it any type of financial instrument or security. Any financial data or information about the BREED token in this Report is provided for informational and educational purposes only and includes an impartial analysis on its valuation which is primarily based on its features and underlying utility. While the market valuation of the BREED token may consider factors beyond its features and utility, these matters do not detract from the true nature and core characteristics of BREED as a governance and utility token.

Hence, readers of this Report and prospective or existing token holders and stakeholders must understand that BREED is not and should not be considered a financial instrument and investment vehicle and must be aware of the associated high risks, including the potential for total financial loss. The BREED token does not confer ownership rights or equity in a company, and its value is primarily derived from its utility and governance functions. The volatile nature of the cryptocurrency market, coupled with the absence of regulatory oversight and the decentralized structure of blockchain technology, exposes token holders and stakeholders to increased risks, including market volatility, security vulnerabilities, and regulatory uncertainties. Decisions within the BreederDAO ecosystem are subject to various influences, such as those arising from its decentralized autonomous organization (DAO) structure or the actions or initiatives of the core management team. Moreover, the dynamic nature of the blockchain space requires vigilant monitoring for updates and changes that may impact the BREED token and the organization’s future. Prospective stakeholders and token holders should conduct thorough due diligence, carefully assess their risk tolerance, and stay informed about developments within the BreederDAO ecosystem before considering any involvement with the BREED token and the organization.

By accessing and obtaining this Report, you represent and warrant that you have read, understood and agreed to all the content, terms, disclosures and disclaimers stated herein and agree to abide by them. You likewise acknowledge that certain content and information of this Report may be strictly private and highly confidential and any unauthorized distribution shall not be permitted. Recipients who do not agree with these terms must immediately cease from accessing or utilizing this Report in any manner.