Terms of business for Nordic Bloom P/S

1. APPLICATION

1.1

These terms of business ("Terms of Business") apply to any marketing and management services provided by Nordic Bloom P/S to a potential or actual investor. The Terms of Business also apply to any investment made by an investor through Nordic Bloom P/S, including in any fund offered and/or managed by Nordic Bloom.

2. INVESTOR RESPONSIBILITY AND RISK

2.1

Although it is Nordic Bloom P/S' sole objective to offer and manage funds and other investment products that generate a profit for investors, all investments involve a risk of loss, which you can read more about in the information material for the specific fund. Nordic Bloom P/S disclaims any responsibility for this risk, which is thus the sole responsibility of the investor.

2.2

Although Nordic Bloom P/S has assessed and disclosed the tax status of - and the tax consequences for investors of - an investment made through Nordic Bloom P/S, including in funds offered and administered by Nordic Bloom P/S, Nordic Bloom assumes no responsibility for this tax position and the tax consequences thereof for the investor. The responsibility and risk thereof, including for tax consequences, is thus the investor's own.

3. INSURANCE

3.1

Nordic Bloom has via [insert] taken out professional liability insurance covering liability for Nordic Bloom P/S and for the board of directors, executive board and employees of Nordic Bloom collectively. The sum insured is DKK 10,000,000.

4. LIMITATION OF LIABILITY

4.1

The professional liability of Nordic Bloom P/S and its individual board members, executive board members and employees is for any event limited to the coverage under the professional liability insurance at any time, cf. clause 3.1.

4.2

This applies regardless of whether claims are pursued against Nordic Bloom P/S, members of the Board of Directors, members of the Executive Board and/or individual employees jointly or severally and regardless of whether the claim is based on liability in or outside contract or other basis.

5. TVISTER

5.1

[Check whether the financial legislation contains specific provisions on disputes, including jurisdiction. Also check whether EU rules on jurisdiction allow professional and semi-professional investors to invoke the jurisdiction of their home court despite the jurisdiction clause below]

5.2

The legal relationship between potential and actual investors and Nordic Bloom P/S and/or its board members, executive board members or employees is governed by Danish law.

5.3

Any dispute between a potential or actual investor, on the one hand, and Nordic Bloom P/S, its board members, executive board members or employees, on the other hand, shall be resolved in accordance with the following dispute resolution process:

5.3.1

Attempts shall be made to resolve the dispute by negotiation between a management representative of Nordic Bloom P/S and the investor respectively, which shall be conducted constructively from both sides.

5.3.2

If this does not lead to a result, the dispute shall be resolved by mediation with the assistance of a mediator who, if the parties cannot agree on the appointment of the mediator, shall be appointed by the Association of Danish Law Firms.

5.3.3

If this does not lead to a result, the dispute shall be settled by the ordinary Danish courts in Copenhagen.