Secure Returns — Important Disclosures

Please read these disclosures together with the offering documents — the Private Placement Memorandum, Operating Agreement, Subscription Agreement, and the Yield Support & Guarantee Agreement — which control.

Securities, not bank deposits

When you invest in Secure Returns, you purchase membership interests (a security) in a Limen Markets Series 2026 special-purpose vehicle that holds certificates of deposit. You do not open a bank account and you do not become a depositor at any bank or credit union.

Not FDIC- or NCUA-insured at the investor level

Your investment is not FDIC- or NCUA-insured. Insurance, where applicable, attaches only to the vehicle's CDs at the issuing institutions, up to applicable limits, and only against institution failure. Because the vehicle is a single depositor of record, that coverage does not multiply per investor and is, on a per-investor basis, heavily diluted or effectively absent. Insurance does not pass through to you and does not protect against any other loss.

The stated rate is guaranteed by Limen, not by the deposits

The stated rates — 6.0% (6-month), 7.0% (1-year), 7.5% (2-year), per annum — exceed what the underlying CDs earn (approximately 4.5%). The difference is funded and guaranteed by Limen Markets LLC from its own capital, collateralized by pledged pre-IPO holdings and a pre-funded reserve, under the Yield Support & Guarantee Agreement. The guarantee is an obligation of Limen Markets LLC only and is only as good as Limen's ability to pay. You may receive less than the stated rate, experience delays, or lose principal.

Speculative; risk of loss; illiquid

This is a speculative investment. There is no public market for the interests and no cash redemption; you should be prepared to hold to maturity. You may lose some or all of your investment.

Eligibility — accredited investors only

The offering is made under Regulation D, Rule 506(c), to verified accredited investors only. Accreditation verification is required before any subscription; self-certification is not sufficient. Minimum investment $10,000.

The pre-IPO exchange feature

You may elect, at any time, to exchange your interests for Limen Markets pre-IPO interests at equal value (principal plus accrued interest). This is an exchange of one security for another — not a cash redemption — and is subject to a pre-IPO series being available and having capacity, re-verification of your eligibility, valuation, and acceptance. It is not a guarantee of any particular allocation. Pre-IPO interests are separate, riskier, illiquid securities that may lose all of their value; the risk characteristics of Secure Returns do not carry over.

No advice; offering documents control

Nothing on the Secure Returns pages or here is investment, legal, or tax advice, or an offer or solicitation where unlawful. All marketing is qualified in its entirety by, and any offering is made solely through, the definitive offering documents, which control. Consult your own legal, tax, and financial advisors.