<aside> ✅ For most up to date risk disclosures, please refer to our General Information Statement (GIS).

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The Notes provide opportunities but may pose risks. You should carefully consider the risks involved in purchasing Notes before reaching a decision and you should discuss with your advisors the suitability of purchasing Notes in light of your particular investment objectives and after reviewing all available information, including the following:

SUITABILITY OF THE NOTES FOR INVESTMENT

A person should reach a decision to invest in the Notes after carefully considering, with his or her advisors, the suitability of the Notes in light of investment objectives and the information set out in this General Information Statement. An investment in the Notes is suitable only for investors prepared to assume risks with respect to a return linked to the performance of the Index. The Notes are designed for investors who are prepared to hold the Notes to maturity. An investment in the Notes is not suitable for an investor looking for a guaranteed return.

Fig Investments is not registered as a dealer or adviser under securities laws and therefore is not authorized to makes a recommendation as to the suitability of the Notes for your investment purposes.  Under the terms of the Exemption Order, Fig Investments must confirm that you are eligible to purchase the Notes by confirming that: (1) you are an Accredited Investor; and (2) the aggregate Principal Amount of all Notes purchased by you represents less than 10% of your Net Financial Assets.

Neither the Alberta Securities Commission nor the British Columbia Securities Commission are monitoring or overseeing the Fig Platform or the assets purchased in or for the Underlying Portfolios.

NOTES DIFFER FROM CONVENTIONAL INVESTMENTS

The Notes are not conventional notes or debt instruments in that they have an uncertain yield. Noteholders will not be able to determine the amount of the Variable Return, if any, that they will receive on the Notes prior to the Final Valuation Date.

LIMITED UPSIDE PARTICIPATION BY THE NOTES

The return on the Notes is limited. Even if Final Index Level exceeds Maximum Participation Index Level before or at the Maturity Time, the Final Index Level used to calculate the Note’s Variable Return is capped at the Maximum Participation Index Level as illustrated in the calculation of Variable Return. This means that the Note’s Variable Return is capped at a maximum amount.

THE VARIABLE RETURN MAY NOT BE PAYABLE

The amount, if any, of the Variable Return payable on the Notes is uncertain in that the Notes could produce no Variable Return at all. The amount of Variable Return payable under the Notes is linked to the price performance of the Index and the Participation Rate. The level of the Index has experienced significant movements in the past and it is impossible to know the future direction. The Note will not yield any return unless the Final Index Level is greater than the Initial Participation Index Level.

AN INVESTMENT IN THE NOTES IS NOT AN INVESTMENT IN CRYPTO ASSETS

The Notes are not equivalent to a direct investment in BTC or ETH. Noteholders will not be entitled to the rights and benefits of holding an underlying Crypto Asset, including any right to participate in voting or staking of such Crypto Assets or to receive any Airdrop or Fork Asset that owning the Crypto Assets may bestow. The Notes are subject to different risks than a direct investment in Crypto Assets any return payable under the Notes will not be identical to the return associated with the Crypto Assets comprising the Index. The performance of the Index will be measured on a price return basis and will not take into account any staking rewards or Airdrops or Fork Assets to which holders of the Crypto Assets comprising the Index may be entitled.

NO SECONDARY MARKET

The Fixed Return Amount of the Notes is only repayable at maturity.  The Notes will not be listed on any exchange or other marketplace, and no secondary market is expected to develop.  While Fig Investments may agree, in its sole direction, to purchase your Note prior to the Maturity Time, such purchase may be subject to an Early Trading Fee of up to 0.50% of Principal Amount per Note.  Consequently, you may have to sell your Notes at a substantial discount from the original Principal Amount and you may as a result suffer a substantial loss. The Notes are generally not suitable for an investor who requires liquidity prior to the Maturity Time. A Noteholder should consider consulting with his or her advisors concerning whether it would be more favourable to the Noteholder to sell the Note or hold the Note.

MARKET DISRUPTION EVENT MAY DELAY PAYMENT OF THE VARIABLE RETURN

If a Market Disruption Event occurs or is continuing at the Final Valuation Time, the determination of the Index Return (and any subsequent payment of the Variable Return) may be delayed. Fluctuations in the level of the Index may occur in the interim. See “DESCRIPTION OF THE NOTES – Adjustments and Exceptional Circumstances” of the GIS.

EXTRAORDINARY EVENT MAY FORCE EARLY RECEIPT OF A RETURN