Important Disclosure

Varick Asset Management LLC (“Varick”) is a registered investment advisor located in New York. Varick may only transact business in those states in which it is registered, or qualifies for an exemption or exclusion from registration requirements. Varick’s web site is limited to the dissemination of general information regarding its investment advisory services to United States residents residing in states where providing such information is not prohibited by applicable law. Accordingly, the publication of Varick’s web site on the internet should not be construed by any consumer and/or prospective client as Varick’s solicitation to effect, or attempt to effect, transactions in securities, or the rendering of personalized investment advice for compensation, over the internet. Furthermore, information on this web site should not be construed, in any manner whatsoever, as the receipt of, or a substitute for, personalized individual advice from Varick. Any subsequent, direct communication by Varick with a prospective client shall be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides. For information pertaining to the registration status of Varick, please contact the United States Securities and Exchange Commission on their web site at www.adviserinfo.sec.gov and/or the state securities law administrators for those states in which Varick is registered. A copy of Varick’s current written disclosure brochure discussing Varick’s business operations, services, and fees is available from Varick upon written request. Varick does not make any representations as to the accuracy, timeliness, suitability, completeness, or relevance of any information prepared by any unaffiliated third party, whether linked to Varick’s web site or incorporated herein, and takes no responsibility therefor. All such information is provided solely for convenience purposes only and all users thereof should be guided accordingly.