We refer to the account opened or to be opened with Altive Limited (“Altive”, “We”, “Us”).

The Securities and Futures Commission (“SFC”) have imposed certain rules and restrictions in dealing with investors in Hong Kong. Generally, an investor will be covered by certain requirements and protections under the Securities and Futures Ordinance (CAP 571D) (“SFO”) which, however, will be relaxed if a customer is categorized as a Professional Investor, as defined by the SFO.

For the purposes of this Notice, the term “Professional Investor” shall carry the meaning including “Professional Investor” as defined under the SFO.

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You are regarded as a Professional Investor in Hong Kong if you are:-

1. an individual having a portfolio of liquid assets (including but not limited to cash, deposits, securities) more than HKD 8 million at the date of registration. The portfolio provided may be in the form of: -

1. a portfolio of your own account;

2. a portfolio on a joint account with the your spouse or child(ren);

3. your share of a portfolio on a joint account with one or more persons other than the your spouse or child(ren) where a written agreement is provided;

4. a portfolio of a corporation which, on the registration date, has its principal business the holding of investments and is wholly owned by the individual;

1. a trust corporation having been entrusted under one or more trusts with total assets of not less than HKD 40 million at the date of registration;

2. a corporation having a portfolio of not less than HKD 8 million or total assets of not less than HKD 40 million at the relevant date;

3. a corporation which, at the date of registration, has as its principal business the holding of investments and is wholly owned by any one or more of the persons falling within the definition of professional investors mentioned above, or wholly owns a corporation referred to above; or

4. a partnership having a portfolio of not less than HKD 8 million or total asset of not less than HKD 40 million at the date of registration.

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We may require additional information from you if the need arises. If your portfolio does hold assets that are not in the required type of currency under the respective jurisdiction, we will assess its equivalent value at the date of registration.

We may also be required to verify your position as a Professional Investor by requesting any one or more of the following documents, including but not limited to: -

1. Your most recent audited financial statement prepared within 16 months before the registration date in respect of your individual portfolio or corporation;

2. Any one or more of the following documents issued or submitted within 12 months before the registration date:

1. a statement of account or a certificate issued by a bank/custodian;

2. a certificate issued by an auditor or a certified public accountant;

3. a public filing submitted by or on behalf of your corporation;

As a result of this Professional Investor categorization, we may offer you certain investment opportunities which are only available to a Professional Investor. However, we are not required to fulfill certain requirements under the Code of Conduct for Persons Licensed by or Registered with the Securities and Futures Commission and certain other regulations implemented in Hong Kong.

Altive will not be required to:-

(a) provide you with information about our business or the identity and status of our employees or others acting on our behalf with whom you may have contact.

(b) confirm to you promptly the essential features of a transaction after effecting a transaction for you.

(c) provide you with any contract notes, statements of account or receipts under the Hong Kong Securities and Futures (Contract Notes, Statements of Account and Receipts) Rules where such would otherwise be required, unless you instruct us to do so.

(d) if Altive deal through the Stock Exchange of Hong Kong in securities admitted to trading on the Exchange under the NASDAQ – Anex Pilot Program, Altive is not required to provide you with documentation about the Program.

Although we have no regulatory duty to provide you with the above-mentioned information (a) to (d), we may continue to send you the contract notes and statements of account until further notice, and to provide you with other information upon request to the best of our capabilities.

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If you have any doubt about any aspect of this notice or have other questions, please do not hesitate to contact us by the following means: -

(I) Email at privacy@altivecapital.com;

(II) Writing using this address:

Altive Head of Legal & Compliance

Unit 508, 5/F

90 Connaught Road Central, Sheung Wan,

Hong Kong

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You have the right to withdraw from being treated as a Professional Investor at any time in respect of any investment products or markets or any part thereof by giving written notice to us not less than fourteen (14) business days prior to the proposed effective date of the withdrawal. Please inform us in writing immediately if you find yourself no longer within the definition of Professional Investor,  within the meaning of Section 3 of the Securities and Futures (Professional Investor) Rules.

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Please note that you will be deemed to have confirmed, acknowledged and agreed to these terms by your continuing operation of your account(s) with us after the date of this letter and our acceptance of your continuing operation of your account(s) and your placing of orders with us and/ or subscribing in any of funds managed by or advised by us, hereafter shall be subject to and on these terms.

This notice and any dispute arising from this notice shall be interpreted and governed by the laws of Hong Kong Special Administrative Region of the People's Republic of China (“Hong Kong”).

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THIS PROFESSIONAL INVESTOR NOTICE WAS LAST UPDATED IN NOVEMBER 2025.