General Terms and Conditions

Article 1: Definitions and Scope

1.1 “Fortera B.V.” (hereinafter: “Manager”), registered at Bijster 15, 4817 HZ Breda, the Netherlands (Chamber of Commerce no. 88078051), is the appointed manager of the funds.

1.2 “Stichting Legal Owner Core Fund” (Chamber of Commerce no. 88093638), “Stichting Legal Owner Core Fund B” (Chamber of Commerce no. 90564189), and “Stichting Legal Owner Arc Fund” (Chamber of Commerce no. 95211446) (collectively: “Legal Owners”), all registered at Bijster 15, 4817 HZ Breda, the Netherlands, hold legal ownership of the fund assets.

1.3 “Funds” refers to the Core Fund, Core Fund B, and Arc Fund, each structured as a closed-end collective investment scheme (besloten fonds voor gemene rekening, BFGR), focused on investments in Digital Assets and their derivatives.

Article 2: Contractual Relationship and Applicability

2.1 These General Terms and Conditions govern all relationships between Fortera B.V., Stichting Legal Owner Core Fund, Stichting Legal Owner Core Fund B, and Stichting Legal Owner Arc Fund (collectively: “Manager and Legal Owners”) and the participants of the Funds.

2.2 By participating in the Funds, participants confirm they have read, understood, and accepted these General Terms and Conditions. In case of conflict with other documents, these Terms prevail.

2.3 These Terms form an integral part of the Funds’ information documents. Amendments will be communicated in writing to participants and become binding upon publication. Note that in case of discrepancy between these Terms and the website, the Information Memorandum (IM) and Key Information Document (KID) take precedence. Participants may request these documents at any time via: Hello@Fortera.nl.

Article 3: Structure and Objectives of the Funds

3.1 The Funds aim to provide investment opportunities in the emerging global Web3 ecosystem.

3.2 The Funds operate as closed-end collective investment schemes, allowing participants periodic entry/exit solely through the purchase/redemption of participations via the Manager.

Article 4: Responsibilities and Authority

4.1 The Manager oversees the Funds’ general administration, including investment policy and operational activities.

4.2 The Manager is authorized to take all actions and decisions necessary for effective fund management.

Article 5: Liability and Risk Management

5.1 The Manager and Legal Owners commit to prudent and responsible fund management, complying with all relevant obligations and undertaking reasonable efforts to prevent damages from negligence or non-compliance.

5.2 The Funds bear investment risks inherent to asset classes and markets. While the Manager and Legal Owners employ prudent risk management strategies, they are not liable for market fluctuations or unforeseen losses within normal risk parameters.

Article 6: Rights and Obligations of Participants

6.1 Participants are entitled to a proportional share of the Funds’ net asset value, subject to market fluctuations and fund performance.

6.2 Participants’ financial liability is limited to their capital contribution. They are not personally liable for Fund obligations exceeding their investment.

6.3 Participants must provide all relevant investment information and fully understand the risks associated with Digital Asset investments.

6.4 The Manager must inform participants of material Fund developments, including strategy changes and risk management updates.

Article 7: Duration, Amendments, and Termination

7.1 These Terms are effective from the Manager’s registration date until amended or terminated.

7.2 Amendments follow procedures outlined in the information documents, with timely participant notification.

7.3 The Funds or these Terms may be terminated per documented procedures and upon communication to all parties.

Article 8: Dispute Resolution and Governing Law

8.1 Disputes regarding these Terms fall under the exclusive jurisdiction of Dutch courts.

8.2 Dutch law governs these Terms and all resulting relationships between the Manager, Legal Owners, and participants.

Article 9: Final Provisions

9.1 These Terms supersede prior agreements between parties.

9.2 In case of interpretation disputes, the Information Memorandum version prevails.