Disclaimer

This investment summary is being presented to you as a person interested in learning more about the Fund. This is neither an offer to sell nor a solicitation of an offer to buy. No offers shall be made to a potential investor until the Fund supplies the prospective investor with a copy of the confidential private placement memorandum of the Fund containing the offering terms and potential risk factors involved in an investment in the Fund. Investors should carefully consider the investment objectives, risks, and expenses of the fund. No sales shall be made until the Fund and the potential investor enters into a subscription agreement for theFund’s securities.

The information in this document is for the sole use of people designated by the Fund. The receipt of this document is an acknowledgement that the information contained herein will be maintained in confidence and will not be disclosed to any third party, duplicated, or used without the express written consent of the Fund. Distribution of this document to any person other than persons designated by the Fund is unauthorized, and any reproduction of this document in whole or in part, or the divulgence of any of its contents, without the prior written consent of the Fund is prohibited. Each person, by accepting delivery of this document, agrees to return it and all other documents received by such person to the Fund upon demand.

No general solicitation will be conducted and no offering literature or advertising in any form will or may be employed in the offering of any securities of the Fund except for a subsequent private offering memorandum. No person is authorized to give any information or to make any representation not contained in this document or a subsequent offering memorandum and, if given, such other information or representation must not be relied upon. Prospective investors will be required to make representations with respect to their net-worth or income and to represent, among other things, that they qualify as “accredited investors” and “qualified clients” and are familiar with and understand the terms of the offering and have all requisite authority to make suchinvestment.

Except as otherwise noted, this document describes the state of the Fund and its plans as of the date hereof. This document may include various forecasts and forward-looking statements regarding the plans of the Fund. Such forecasts and statements reflect the assumptions of the Fund’s management as of the date hereof and are subject to significant business, general economic conditions, market and other risks that are beyond the control of the Fund. The projections must be considered in conjunction with the assumptions and the understanding that there can be no assurance that these assumptions will, in fact, occur and in connection with the risk factors involved in an investment in the Fund, which will be disclosed in the confidential private placement memorandum. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Fund undertakes no commitment to update or revise the forward-looking statements, whether as aresult of new information, future events or otherwise.

If you are interested in this investment opportunity, please email investors@armadavp.com for a non-disclosure agreement, which will need to be executed prior to sharing additional fund-specific due diligence and financial information.