Disclosures

Braeburn Whisky offers whisky cask investments in the United States only to verified accredited investors through an offering under Rule 506 (c) of Regulation D. See the appendix for certain important regulatory information.

APPENDIX: REGULATORY NOTICE AND RISK FACTORS

Under U.S. law, Braeburn’s whisky cask investment offerings are considered “securities” because of the nature of Braeburn’s support for the investor, the way the investments are marketed and other factors.

Accordingly, Braeburn offers the whisky cask investments under the exemption provided by Rule 506(c) of Regulation D under the US Securities Act of 1933, as amended. Under this offering exemption, each U.S. purchaser must meet “accredited investor” requirements as defined by the SEC, and Braeburn is required to independently verify that status through corroborative documentation or other means.

To ensure certain other securities laws requirements are met, Braeburn has engaged INTE Securities LLC, a registered broker-dealer in the U.S., to act as Braeburn’s agent for the sale of Braeburn’s whisky cask investments. Braeburn has also arranged that its warehouses will follow established custody procedures to ensure the investor that the cask will be maintained as the property of the investor, and that only the investor may authorize actions with respect to the cask such as transfer of ownership or physical transfer of the cask.

This complete framework further ensures that regulatory requirements are met to support a secure investment opportunity for U.S. investors. However, this does not ensure that the purchase of Braeburn’s whisky casks is free of risk. There are several risk factors, including that the purchase of Braeburn’s whisky casks is a speculative investment, that past performance of price appreciation may not continue, and that there is no established resale market. These risks are outlined in investor subscription documents that are the only means for investors to acquire from Braeburn whisky cask investments in the U.S.

INTE Securities LLC is a member of FINRA (www.finra.org) / SIPC (www.sipc.org) . To view INTE Securities LLC, please go to www.finra.org/brokercheck.