Disclaimers

1* Capital invested includes: (i) common equity investments in real estate companies and funds; (ii) fixed income investments including preferred equity, senior debt, and mezzanine debt in connection with the acquisition of refinance of commercial real estate; (iii) residential debt investments in connection with financing the acquisition, improvement/renovation, and sale of single family homes; and (ii) loans originated for sale which include non-fractionalized loans sold to institutional buyers. Include capital that has been deployed cash held by, affiliated and unaffiliated real estate companies and funds, including cash in real estate funds that has been returned from completed investments. Certain investments are made by Chipwoodvest Realty, Co. Or its affiliates. This Information should not be used as a basis for an investor's decision to invest. Investment opportunities on the Chipwoodvest Realty platform are speculative and involve substantial risk.

2* Past performance is not indicative of future results and should not be used as a basis for an investor's decision to invest. Investments made on the Chipwoodvest Realty Platform ("Platform") prior to 04/17/2024, were not offered by CVR Securities, LLC and should not be viewed as indicative of or attributable to any performance related to the investment products or services offered by CVR Securities, LLC, nor should you assume that any products or services offered by RM Securities, LLC will in the future will be profitable or equal to any performance of cumulative or specific past investments made on the Platform. Investment opportunities offered on the Platform are speculative, involve substantial risk (including loss of capital), and are illiquid. Please carefully review all Defined Terms herein, Platform Disclosures, and all of the specific offering documents for each investment product which contain important information about the fees you will pay, conflicts of interest, and relevant specific and general risks. All information and any calculations used herein is based on information from inception through 04/17/2024.

3* Investments in real estate are speculative, highly illiquid, and involve substantial risk. You should not invest unless you can sustain the risk of loss of capital, including the risk of total loss of capital. Please carefully review the general platform Disclosures and the specific offering documents for each investment product which contain important information about the fees you will pay, conflicts of interest, and relevant specific and general risks.

4* NAREIT Equity REIT Index sourced from NCREIF (NCREIF.org). The NAREIT Equity REIT Index contains all publicly listed US Equity REITs not designated as Timber REITs or Infrastructure REITs. The NAREIT Equity REIT Index is illustrative of the potential average annualized returns available to investors in Commercial Real Estate. REITs offered by Chipwoodvest Realty are not publicly traded, require minimum investments and may have better or worse average annualized return performance compared to this Index.

5* Based on the returns of the S&P 500 Index, Barclays U.S. Aggregate Bond Index, and the NCREIF (National Council of Real Estate Investment Fiduciaries) Index, with and without an asset allocation to direct real estate, over an 11-year time period (2006-2016). Each index provides a broad representation of a particular asset class and is not indicative of any investment. Asset allocation does not ensure a profit or protect against a loss. The rates of returns shown do not reflect the deduction of fees and expenses inherent in investing.