Disclosures

Last updated: September 2026

No offer or solicitation. This Site does not constitute an offer to sell or a solicitation of an offer to purchase interests in any Fund. Any such offer will be made solely to eligible investors by means of the relevant Fund’s confidential offering documents, which contain material information not available on this Site, including risk factors and conflicts of interest. Nothing on this Site is directed at retail investors, and nothing herein is intended for distribution to, or use by, any person in any jurisdiction where such distribution or use would be contrary to law.

Portfolio information. Companies identified on this Site are selected examples of investments made by the Funds or, where indicated, investments made by members of the Tenet team in prior roles. They do not represent all investments, are not selected on the basis of performance, and are provided for illustrative purposes only. There can be no assurance that any investment identified has been or will be profitable, or that investments made in the future will be comparable in quality or performance. References to specific companies do not constitute a recommendation, and portfolio companies have not endorsed Tenet or this Site. A full list of Fund investments is available upon reasonable request, subject to confidentiality obligations.

Prior experience. References on this Site to investments, roles, or track record predating the Funds - including team members’ prior investments - relate to activities conducted before and independently of the Funds, and are not attributable to the Funds or to Privium. Past performance is not indicative of future results.

Content and opinions. Views expressed on this Site, including in Insights, represent the opinions of the authors as of the date indicated, are subject to change without notice, and may prove inaccurate. They are provided for informational purposes only and do not constitute investment advice or research.

Forward-looking statements. Certain statements on this Site constitute forward-looking statements, which can be identified by words such as “may,” “will,” “expect,” “anticipate,” or “believe.” Actual events or results may differ materially. No representation is made that any views, projections, or expectations will be realized.

Third-party information. Certain information on this Site has been obtained from third-party sources believed to be reliable, but has not been independently verified, and no representation is made as to its accuracy or completeness.

Regulatory status. Privium Fund Management (HK) Ltd., a company incorporated in Hong Kong and licensed by the Securities and Futures Commission of Hong Kong to conduct Type 9 (Asset Management) regulated activities, is the Investment Manager of the Funds. Privium Fund Management (Singapore) Pte. Ltd., a company incorporated in Singapore and regulated by the Monetary Authority of Singapore as a Licensed Fund Management Company, has been appointed as Sub-Investment Manager and has been delegated discretionary authority over the investments of the Funds. Tenet is not licensed or regulated by any financial regulator. Certain individuals identified on this Site conduct regulated activities as registered representatives of the relevant Privium entity.