DISCLOSURES AND REGULATORY

How we operate, in plain English.

SECTION 01

Regulatory framework

Douro Invest Ltd. is a Canadian corporation incorporated under the laws of Ontario. We operate as a referral source under Canadian securities legislation. All securities offerings related to Alto do Monte Properties projects are made exclusively through our registered dealer partner pursuant to applicable exemptions under National Instrument 31-103 — Registration Requirements, Exemptions and Ongoing Registrant Obligations.

This page must be finalized with Canadian securities counsel before launch. The language below is a working draft to be reviewed and adjusted by counsel.

SECTION 02

Referral arrangement disclosure

Douro Invest has entered into a referral arrangement with [REGISTERED DEALER PARTNER NAME]. Under this arrangement, Douro Invest refers qualified Canadian prospects to [DEALER] in exchange for a referral fee. This fee is paid by [DEALER] to Douro Invest and does not represent an additional charge to the referred client beyond standard offering terms. The exact fee structure is disclosed to each referred client at the point of introduction.

Final language and disclosure structure to be drafted by counsel.

SECTION 03

Accredited investor requirements

Information about specific Alto do Monte Properties development projects is available only to accredited investors as defined under National Instrument 45-106 — Prospectus Exemptions. Self-certification is required before access to project-specific offering materials.

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SECTION 04

Risk factors

Real estate development investments are illiquid, long-dated, and subject to construction, market, currency, and regulatory risks. Past performance is not indicative of future results. Investors should consult their own legal, tax, and financial advisors before making any investment decision.

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SECTION 05

Contact for compliance inquiries

Compliance-related inquiries should be directed to: [TBC]