Jon and I have been heads-down curating these opportunities—vetting every borrower and deal to maintain our standards. Grateful for what we've built together so far and excited for what's ahead. Quick community update on our lending deployments: ✅ This Month: Deployed $400k across high-quality fix-and-flip deals ✅ Total Deployed YTD:$1.8M ✅ Lifetime Interest Earned: $88k paid to partners Security stays #1: In a market with rising delinquencies, every Aces loan comes with our exclusive performance guarantees—principal protection you won't find elsewhere. As always, DM @Jon Chan or myself to learn more or connect 1:1 about lending, strategies, security, opportunities or anything else!

I meet with a former SVP from one of the largest banks in the world on a monthly basis. We usually catch up on things we're working on and explore different ways to work together. During today's call, I mentioned that my plan was to expand the types of deals I raise money for. Instead of just raising for lending opportunities, the plan is to get into larger deals. With excitement, he explained the process of setting up a fund and then went on a tangent. He mentioned a specific, non real estate related deal that was sent to him, that raised a lot of red flags. Nothing was done illegally. The fund was structured within the confines of the law, however, many Reg D offerings are less standardized and lack transparency. Proformas are assumptions, not proof. You have limited exit options once you're in. 1. Illiquidity Is the Norm, Not the Exception Most private placement investments are highly illiquid by design. • Restricted securities are typically issued, meaning they cannot be freely sold or traded on a public exchange. • Secondary markets often do not exist, leaving investors with no practical exit until a liquidity event occurs, if one occurs at all. • Issuer-controlled exits are common. If redemptions are allowed, they may be subject to lockups, redemption gates, or company approval, and may occur at a discount to the original investment. Investors should assume their capital may be tied up for years with limited ability to exit on their own terms. 2. Disclosure Standards Are Not the Same as Public Markets Private offerings are exempt from many of the disclosure requirements that apply to public companies. • Form D filings are notice filings, not approvals. They do not imply that regulators have reviewed the deal, the projections, or the fairness of the offering. • Financial projections may be optimistic, forward-looking, and not independently verified. Valuations are often based on assumptions rather than operating history. • Audited financial statements are not always provided, which places a greater burden on investors to verify the company’s financial condition.