Promotion terms “1000 USD Covering fees”

The 1000 USD Covering Fees Promotion (the “Promotion”) offers a bonus to new clients of Raison Asset Management Corp. (“Raison”) who invest a minimum of $50,000 in Element Global Technologies Private Portfolio Ltd., a private venture fund (the “Fund”). Eligible participants will receive a $1,000 credit on their capital account from Raison as part of this Promotion.

These terms (the “Promotion Terms”) set out the rules that apply to the Promotion, and you must comply with these Promotion Terms and also the terms that apply to your investment indicated in the Fund Documentation at all times when participating in the Promotion.

1. Eligibility: this Promotion is applicable to new clients who subscribe for shares in the Fund with a minimum amount of $50,000. A client must follow the steps for opening a capital account with Raison and successfully complete Know Your Customer (“KYC”) procedures. Participation in this Promotion is subject to the condition that the client qualifies as a professional investor, as defined by applicable laws, allowing them to invest in the Fund. Raison reserves the right to verify the client's investor status and disqualify any participant who does not meet the necessary qualifications under the relevant laws.

2. Bonus Credit: clients meeting the eligibility criteria will receive a one-time bonus credit of $1,000 added to their balance on a capital account segregated by Class B Share Series XX of the Fund.

3. Payment and Account Adjustment: the $1,000 bonus will be credited to the client's capital account balance through a payment from Raison Asset Management Corp.

4. Fund Documentation: prior to investing, clients should review the Fund's documentation, including the memorandum, corporate documents, contracts as well documents related to their chosen investment (the “Fund Documentation”). This provides essential information on key features, costs, and risks. Clients can request a free prospectus and annual reports from Raison's manager.

5. Reset Clause: if there is no execution of a deal under purchase order placed by the Client and funds are withdrawn from a client's capital account, the $1,000 bonus amount credited as part of this Promotion will be reset to zero. This reset will take effect automatically and shall be applicable in situations where the client's capital account experiences no transactional activity and when funds are withdrawn.

6. Promotion Period: this Promotion is valid for subscriptions for shares of the Fund made before December 31, 2023.

7. Force Majeure and Liability Limitation: events beyond the control of Raison may occur that render this Promotion impossible. Raison will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control.

8. Changes: Raison reserves the right to cancel or modify this Promotion without notice. Updated terms will be posted on the website, and changes won't affect participants who have already taken part in the Promotion.

9. Language: the English version of these Promotion Terms is the official and binding document. Any translations are for courtesy only, and participants cannot derive rights from them. In legal proceedings, the English version shall prevail.

10. Applicable law and Jurisdiction: to the extent permitted by law, these Promotion Terms for Raison clients shall be governed by the laws of the British Virgin Islands. Any disputes will be exclusively submitted to and dealt with by the competent court in the British Virgin Islands.