Disclaimer

The material contained herein is confidential, furnished solely for the purpose of considering an investment in [Equity Capital Fund I, LLC], LP (the “Fund”) sponsored by [EC Management, LLC] and is not to be used for any other purpose or made available to any other person without the express written consent of EC Management, LLC. The material is based in part on information supplied by Equity Capital, LLC and in part upon information obtained by Equity Capital, LLC from sources it deems to be reliable, however, neither Equity Capital Fund I & Equity Capital Fund or its affiliates shall be deemed to have made any express or implied representations or warranties regarding this material whatsoever, including, without limitation, with regard to accuracy and completeness. Summaries contained herein of any documents are not intended to be comprehensive statements of the terms of such documents, but rather only outlines of some of the principal provisions contained therein. Prospective investors should make their own investigations, projections, and conclusions without reliance upon the material contained herein with regard to future investments sponsored by Equity Capital Fund I & Equity Capital Fund. Equity Capital Fund I & Equity Capital Fund expressly reserves the right, at their sole discretion, to reject any or all expressions of interest or offers to invest in the Fund or any project and/or terminate with any entity at any time with or without notice. The material herein is subject to change.

The track record information has been prepared solely to demonstrate the manner in which Equity Capital, LLC evaluates potential investment opportunities, investment economics and thesis and investment cash flows. It does not represent actual or prospective returns on investments to be made by the Fund, nor are they projections of the likely or expected investment returns to be earned by the Fund or by investors therein. There can be no assurance that the Fund will achieve comparable results, that targeted returns will be met, or that investors in the Fund will receive any return of or on their capital.

This presentation is being provided to qualified purchasers or institutional investors, qualified clients, and accredited investors only and is not approved for use with the general public. The Fund is a private offering pursuant to Regulation D of the Securities Act of 1933 and has not been registered with the Securities and Exchange Commission. This presentation is not intended to be an offer to sell securities or provide complete information regarding the Fund or the real estate market. Qualified and accredited investors that indicate an interest in investing in the Fund will be provided a copy of the Fund’s Confidential Offering Memorandum, Limited Partnership Agreement, Subscription Agreement, and should thoroughly review these materials before investing. This information is not intended to be legal, tax, business or financial advice. Please consult with your applicable professional for such advice.