Disclosures

"EHP Capital," "we," "our," and "us" refer to EHP Capital, LLC, a Wyoming limited liability company, together with its affiliates and the special-purpose investment entities it sponsors and manages. EHP Capital is a private real estate investment sponsor with offices in Kansas City, Missouri and Miami, Florida. EHP Capital is not registered as an investment adviser with the U.S. Securities and Exchange Commission or any state securities authority, and is not a registered broker-dealer. Nothing on this Site is, or should be construed as, investment, legal, accounting, or tax advice, and no content on this Site is tailored to the circumstances of any particular recipient. You should consult your own legal, tax, and financial advisors before making any investment decision.

Nothing on this Site constitutes an offer to sell, or a solicitation of an offer to buy, any security, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Offers and sales of interests in any EHP Capital investment vehicle are made exclusively through the definitive offering documents for that specific vehicle — including a private placement memorandum, the vehicle's governing agreement, and a subscription agreement (the "Offering Documents"). The Offering Documents contain material information not found on this Site, including investment terms, fees and expenses, conflicts of interest, and risk factors. In the event of any inconsistency between this Site and the Offering Documents, the Offering Documents control. Investment decisions should be made only on the basis of the Offering Documents.

EHP Capital's offerings are private placements. Interests in EHP Capital vehicles have not been, and will not be, registered under the Securities Act of 1933, as amended, or the securities laws of any state, and are offered and sold in reliance on exemptions from registration, including Rule 506 of Regulation D. Certain of our offerings are conducted under Rule 506(c), which permits general solicitation; only those offerings may be referenced publicly on this Site. Other offerings are conducted under Rule 506(b) and are not offered, advertised, or made available through this Site, and nothing on this Site should be read as an offer of, or as relating to, any such offering. Eligibility to invest in any EHP Capital offering — including any requirement to qualify as, and where applicable to verify status as, an "accredited investor" as defined in Rule 501 of Regulation D — is determined separately for each offering under its applicable exemption and is described in that offering's Offering Documents. Interests in all offerings are subject to significant restrictions on transfer and resale, and investors may be required to bear the economic risk of their investment indefinitely.

Figures presented on this Site — including assets under management ("AUM"), total units, deal counts, and realized return figures such as average internal rate of return ("IRR") — are estimates prepared internally by EHP Capital as of June 30, 2026, unless otherwise noted. They are derived from internal, unaudited records and reflect the combined experience of EHP Capital and its principals, including transactions completed through predecessor entities or affiliated sponsors prior to the formation of EHP Capital. Not all assets referenced are currently owned or managed by EHP Capital, and portfolio listings may include realized (sold) investments.

Return figures, including the average realized IRR range presented on this Site, are approximations that EHP Capital believes to be accurate and reasonable as of the date of publication, but they have not been audited or independently verified, and they could differ — including materially — from actual results. Calculating IRR and similar metrics requires assumptions and judgments (including as to the timing and characterization of cash flows, the treatment of financings and distributions, and the basis of presentation), and different methodologies, or the correction of errors in underlying records, could produce materially different figures. Return figures may be presented on varying bases across investments and may not reflect the deduction of all fees, expenses, and performance compensation, which reduce returns to investors. Averages, by their nature, mask wide variation among individual investments: some investments performed materially better and some materially worse, and no investor necessarily achieved the average result shown.

Realized returns are presented as ranges and are not representative of any individual investor's experience; individual results vary based on entry timing, capital structure, fee arrangements, and the specific investment vehicle through which an investment was made. Performance information is provided as of its publication date, is not updated in real time, and EHP Capital undertakes no obligation to update it. AUM and similar metrics are internal estimates; methodologies for calculating such metrics vary within the industry, and our figures may not be comparable to those reported by other firms. Past performance is not indicative, and is no guarantee, of future results. Any targeted or projected returns for a current or future offering appear only in that offering's Offering Documents, are inherently speculative, and may not be achieved.

This Site contains forward-looking statements — including statements regarding market conditions, rent growth, interest rates, housing supply and demand, projected distributions, and investment strategy — which may be identified by words such as "believe," "expect," "anticipate," "target," "project," "estimate," "intend," and similar expressions. Forward-looking statements reflect EHP Capital's views only as of the date they are made, are based on assumptions that may prove incorrect, and are subject to significant known and unknown risks and uncertainties, many of which are beyond our control. Actual events and results may differ materially from those expressed or implied. EHP Capital undertakes no obligation to update or revise any forward-looking statement. Research papers, newsletters, and commentary available on this Site express the opinions of their authors as of their publication dates, are provided for general informational purposes only, and do not constitute investment advice or a recommendation with respect to any security or strategy.

An investment in private real estate involves substantial risk, including the possible loss of the entire amount invested. Prospective investors should carefully consider, among others, the following risks:

• Illiquidity. Interests in EHP Capital vehicles are not freely transferable, no public market for them exists or is expected to develop, and investors must be prepared to hold their investment for the full investment period, which may be extended.
• Leverage. Properties are typically acquired using mortgage financing. Leverage magnifies losses as well as gains, and debt may not be available, extendable, or refinanceable on acceptable terms, which could result in the loss of a property.
• Interest rates and capital markets. Changes in interest rates, credit availability, and capital markets conditions can materially affect property values, debt service costs, distributions, and exit values.
• Market and economic conditions. Local supply and demand, employment, population trends, rent levels, competition from new supply, changes in law or regulation (including rent regulation), property taxes, utility costs, and insurance costs can each adversely affect performance.
• Operating risks. Tenant defaults, vacancy, collection loss, property damage, casualty and weather events, environmental conditions, deferred maintenance, and construction or renovation cost overruns and delays may reduce or eliminate returns.
• Projections. Underwriting and business plans rely on estimates and assumptions about future events that may not materialize.
• Sponsor and key-person risk. Investors have limited or no control over management decisions and must rely on EHP Capital's judgment; the loss of key personnel could adversely affect a vehicle's performance.
• Distributions. Distributions are not guaranteed, may be reduced or suspended at any time, and may constitute in whole or in part a return of capital.
• Tax matters. An investment may generate taxable income without corresponding cash distributions; tax laws and their interpretation may change, possibly with retroactive effect. Investors should consult their own tax advisors.

The foregoing is a summary only and is not a complete list of the risks of any investment. The risk factors set forth in each offering's Offering Documents are more complete, apply to that specific offering, and control.

EHP Capital operates a vertically integrated platform. Affiliates of EHP Capital may provide property management, construction management, asset management, brokerage, and other services to properties owned by EHP Capital-sponsored vehicles, and may receive fees and other compensation for those services in addition to any sponsor economics. EHP Capital and its principals co-invest in transactions, may sponsor multiple vehicles or accounts with overlapping investment strategies, and allocate investment opportunities, personnel time, and resources among them in their discretion. These and other relationships create actual and potential conflicts of interest. Material conflicts of interest applicable to a particular offering are described in that offering's Offering Documents.

Testimonials appearing on this Site were provided by current or past investors in EHP Capital-sponsored vehicles. No compensation, direct or indirect, was provided in exchange for any testimonial. Individuals are identified by first name and last initial, and by a generalized descriptor, to protect their privacy; descriptors are not titles and do not describe any person's role in any particular transaction. Certain individuals quoted have participated in transactions in one or more capacities over time — for example, as a passive investor in some transactions and as a co-general partner or in another active capacity in others — which may give them perspectives or economic interests that differ from those of other investors.

Each testimonial reflects the personal views and individual experience of the person quoted, as of the date the statement was given, made solely in that person's individual capacity. Testimonials are not made on behalf of EHP Capital or any investment vehicle, are not investment advice or a recommendation to invest, and should not be relied upon in making any investment decision. The persons quoted assume no duty to any reader, make no representation regarding any current or future offering, and have no obligation to update their statements. Testimonials have not been independently verified, may not be representative of the experience of other investors, and are not a guarantee of future performance or success.

Certain information on this Site — including market statistics, economic data, demographic information, and industry research — has been obtained from third-party sources that EHP Capital believes to be reliable. EHP Capital has not independently verified such information and makes no representation or warranty as to its accuracy or completeness. Any links to third-party websites are provided for convenience only; EHP Capital does not endorse and is not responsible for the content, products, or services available through third-party sites.

This Site is intended for residents of the United States. It is not directed at, and is not intended for distribution to or use by, any person in any jurisdiction where such distribution or use would be contrary to law or regulation, or would subject EHP Capital to any registration requirement. Persons who access this Site from other jurisdictions do so on their own initiative and are responsible for compliance with applicable local laws.

The content of this Site is provided "as is" and "as available" for general informational purposes only, without representations or warranties of any kind, express or implied. Although EHP Capital believes the information on this Site was accurate as of the date of its publication, information may contain errors or become outdated, and EHP Capital assumes no duty to correct or update it. No person should rely on any information on this Site in making an investment decision. To the maximum extent permitted by applicable law, EHP Capital and its affiliates, members, managers, officers, employees, and agents shall not be liable for any direct, indirect, incidental, consequential, or other loss or damage arising from the use of, or reliance on, this Site or its content. Use of this Site is also subject to our Terms of Service and Privacy & Cookie Policy.

Questions regarding these disclosures may be directed to info@ehpcapital.com.