INVESTMENT DISCLAIMER

1. GENERAL PROVISIONS

1.1. This Investment Disclaimer (hereinafter referred to as the "Disclaimer") defines the terms and conditions for the use of investment-related information published on the website under the MILLORS brand (hereinafter referred to as the "Website"), which is administered by "MILLORS DEVELOPMENT" Limited Liability Company (hereinafter referred to as the "Company").

1.2. The provisions of this Disclaimer extend to:

  1. all materials, information, and content published on the Website;
  2. any analytical materials, evaluations, forecasts, and financial models;
  3. presentations of investment opportunities or real estate assets;
  4. any other information directly or indirectly related to investments;

regardless of the format of its presentation (text, graphics, video, communication, etc.).

1.3. This Disclaimer forms an integral part of the MILLORS Website Terms of Use and shall be applied in conjunction with other documents governing the use of the Website, including the Privacy Policy and other internal policies.

1.4. In the event of any discrepancies between this Disclaimer and other documents on the Website, the provisions of this Disclaimer shall take priority regarding matters related to investment information and risks.

1.5. Accessing the Website, viewing its materials, or using any information means that the User:

  1. has read and familiarized themselves with this Disclaimer;
  2. understands its content and legal consequences;
  3. accepts it in its entirety without any reservations.

1.6. If the User does not agree with the provisions of this Disclaimer, they must immediately cease all use of the Website.

1.7. The information published on the Website is intended exclusively for persons who:

  1. are capable of independently evaluating investment risks;
  2. make decisions without relying on the Company as an advisor;
  3. act in their own best interests.

1.8. The User confirms that they use the Website as a person who:

  1. is fully aware of the nature of investment information;
  2. possesses a sufficient level of knowledge or experience to evaluate it;
  3. independently makes decisions regarding the use of such information.

1.9. The Company reserves the right, at any time and at its sole discretion, to amend this Disclaimer without prior notice. The current edition comes into force from the moment it is posted on the Website.

2. ABSENCE OF INVESTMENT SERVICES

2.1. The Company is not:

  1. an investment company;
  2. a financial institution;
  3. a professional participant in the capital market;
  4. a licensed investment advisor, consultant, or broker;
  5. an asset manager or a person managing investments;

unless explicitly specified otherwise in a separate written agreement.

2.2. The Company does not provide services for:

  1. management of the User's assets or funds;
  2. investment, financial, legal, or tax counseling;
  3. financial brokerage or broker activities;
  4. placement of investments or attracting financing;
  5. selection or recommendation of investments tailored to the individual profile of the User.

2.3. No information, materials, or any interaction with the Company shall create:

  1. an investment advisory relationship;
  2. an agency or representative relationship;
  3. a relationship of trust or fiduciary obligations;
  4. obligations to act in the interests of the User.

2.4. The Company does not perform:

  1. assessments of investment feasibility for a specific User;
  2. analyses of whether investments match the financial standing, goals, or risk profile of the User;
  3. recommendations regarding the selection of investment instruments, projects, or assets.

2.5. The Company does not act on behalf of, under instructions from, or in the interests of the User, and does not represent the User in any legal relationships with third parties.

2.6. The User confirms that they:

  1. do not rely on the Company as an investment advisor or consultant;
  2. do not expect to receive individual recommendations;
  3. independently make all investment and financial decisions.

2.7. Any communication between the User and the Company (including responses to requests, provision of information, or materials) is purely informational in nature and must not be construed as the provision of investment services.

3. ABSENCE OF PROPOSAL AND OFFER

3.1. No information, materials, or content published on the Website constitutes:

  1. a public offer under the legislation of Ukraine;
  2. an offer to enter into a contract or participate in any transaction;
  3. an invitation to invest or acquire any assets;
  4. a solicitation to buy, sell, or invest;
  5. advertising of financial instruments within the meaning of applicable legislation;
  6. any other legally binding notice.

3.2. Any information regarding investment opportunities, real estate assets, or projects:

  1. is strictly for informational purposes;
  2. is preliminary and not definitive;
  3. does not create legal consequences or obligations for the Company.

3.3. The publication of information on the Website does not imply:

  1. the User's right to participate in the respective project or investment;
  2. a guarantee of access to the investment opportunity;
  3. reservation or allocation of any rights to the User;
  4. an obligation of the Company or Third Parties to enter into a contract.

3.4. Any legal relationships related to investments or the acquisition of assets may arise exclusively on the basis of separate written agreements concluded directly between the User and the respective Third Parties.

3.5. The Company assumes no obligations regarding:

  1. organizing or ensuring the User's participation in investments;
  2. supporting, structuring, or executing investment deals;
  3. achieving any results associated with such investments.

3.6. The User agrees that they:

  1. do not consider the information on the Website as a ground for obligations on the part of the Company;
  2. do not rely on such information as a legally significant offer or a guarantee of any outcome.

3.7. The inclusion of information about Third Parties or their proposals does not imply endorsement, recommendation, or verification of their reliability by the Company.

4. ABSENCE OF WARRANTIES AND REPRESENTATIONS

4.1. To the maximum extent permitted by the legislation of Ukraine, the Company provides no direct or implied warranties, representations, or assurances regarding any information, materials, or content published on the Website.

4.2. The Company explicitly states that it:

  1. does not guarantee the profitability of any investments;
  2. does not guarantee the return of invested funds (in whole or in part);
  3. does not guarantee the stability, regularity, or predictability of income;
  4. does not guarantee the achievement of any forecasted or expected figures;
  5. does not guarantee the preservation of asset value;
  6. does not guarantee the liquidity of investments or the possibility of their timely liquidation.

4.3. The Company makes no representations or assurances regarding:

  1. the accuracy, completeness, or relevance of the information;
  2. the reliability of data obtained from third parties;
  3. the economic feasibility of any investments;
  4. the suitability of investments for the individual goals or expectations of the User.

4.4. Any calculations, financial models, forecasts, presentations, or examples:

  1. are for informational and illustrative purposes only;
  2. are based on assumptions that may prove inaccurate or subject to change;
  3. do not take into account the individual circumstances, goals, or financial standing of the User;
  4. must not be used as a basis for decision-making without additional analysis.

4.5. Past, simulated, or forecasted performance:

  1. is not an indicator or guarantee of future results;
  2. may differ significantly from actual outcomes.

4.6. Any statements, assessments, or assumptions published on the Website:

  1. are not binding on the Company;
  2. may change without prior notice;
  3. do not create any legal obligations.

4.7. The User agrees that they:

  1. do not rely on any statements or materials posted on the Website as a guarantee or confirmation of a result;
  2. use such information strictly at their own risk.

4.8. The Company shall not be held liable for any errors, inaccuracies, or omissions in the information, regardless of their cause.

5. INVESTMENT RISKS

5.1. The User confirms that they understand and accept the fact that any investments, including those in real estate and related projects, involve a high degree of uncertainty and risk.

5.2. Investment risks include, but are not limited to, the following categories:

1) FINANCIAL RISKS

  • total or partial loss of invested capital;
  • lack of profit or income;
  • deviation of actual performance indicators from those forecasted;
  • decrease in asset value;
  • risk of insufficient liquidity or inability to promptly liquidate the asset;

2) REAL ESTATE MARKET RISKS

  • property price fluctuations;
  • decrease in asset demand;
  • changes in market conditions and environment;
  • risk of asset overvaluation;

3) PROJECT AND CONSTRUCTION RISKS

  • delays in project execution;
  • risk of non-completion (unfinished construction);
  • changes in the technical or qualitative characteristics of the asset;
  • project budget overruns;

4) THIRD-PARTY RISKS

  • improper performance of obligations by developers, contractors, or other counterparties;
  • insolvency or bankruptcy of Third Parties;
  • bad faith behavior or fraudulent actions;

5) LEGAL AND REGULATORY RISKS

  • changes in legislation or regulatory requirements;
  • risks associated with property titles and ownership rights;
  • lack of or changes in permitting documentation;
  • lawsuits, litigation, or encumbrances;

6) TAX RISKS

  • changes in tax legislation;
  • additional tax liabilities;
  • differing interpretations of tax norms;

7) MACROECONOMIC AND POLITICAL RISKS

  • inflation and currency fluctuations;
  • economic instability;
  • military actions, emergencies, or force majeure circumstances;
  • changes in government policy;

8) OPERATIONAL AND OTHER RISKS

  • errors in evaluation or planning;
  • technical or managerial risks;
  • risks tied to limited access to information.

5.3. The list of risks outlined in this section is not exhaustive and may include other risks that are not obvious or foreseeable at the time of review by the User.

5.4. The User confirms that they:

  1. are aware of all the aforementioned risks;
  2. accept them in their entirety;
  3. do not rely on the Company for their identification or assessment.

5.5. The User bears sole and full responsibility for assessing the risks associated with any investments and the consequences of their decisions.

6. INDEPENDENCE AND AUTONOMY OF DECISIONS

6.1. The User confirms that all investment, financial, and related decisions are made exclusively by them independently, at their own risk, and under their sole responsibility, without relying on the Company as an advisor, consultant, or proxy.

6.2. No information published on the Website may be construed as:

  1. an individual recommendation;
  2. advice to make or refrain from making an investment;
  3. a guarantee or confirmation of the feasibility of any decision.

6.3. The User confirms that they:

  1. possess a sufficient level of knowledge, experience, and understanding for independent evaluation of information;
  2. are capable of independently evaluating all risks associated with investments;
  3. act in their own interest and not in the interest of third parties.

6.4. The User has no right to rely on the Company as:

  1. an investment advisor;
  2. a financial consultant;
  3. a person providing guarantees or bearing liability for investment results.

6.5. The User confirms that they:

  1. do not expect from the Company an evaluation of investment feasibility;
  2. do not expect verification of all risks or factors related to investments;
  3. independently make decisions regarding the use of any information.

6.6. The User confirms that they do not rely on the Company regarding:

  1. the selection or recommendation of Third Parties;
  2. evaluation of the reliability, solvency, or integrity of Third Parties;
  3. verification of the legal status, licenses, or authority of Third Parties;
  4. the outcomes of any interaction with Third Parties.

6.7. The User is independently responsible for:

  1. the choice of Third Parties;
  2. making decisions regarding interaction with them;
  3. the consequences of such interaction.

6.8. The Company is not responsible for:

  1. any decisions made by the User;
  2. the consequences of such decisions;
  3. financial, economic, or other losses.

6.9. The User agrees that:

  1. the use of information from the Website is carried out at their own risk;
  2. they bear complete responsibility for any consequences of using such information.

6.10. No interaction between the User and the Company (including communication, responses to requests, provision of materials, or advisory support) creates:

  1. any contractual, quasi-contractual, or other legal relationships that could be construed as an obligation of the Company to act in the interests of the User;
  2. a relationship of agency or representation.

7. INTERACTION WITH THIRD PARTIES

7.1. The Website may contain information about investment opportunities, real estate assets, projects, or other proposals belonging to or provided by third parties (hereinafter referred to as "Third Parties").

7.2. The Company:

  1. is not a party to any investment, civil law, or other transactions between the User and Third Parties;
  2. does not act as a seller, buyer, investor, developer, financial institution, or intermediary in such transactions;
  3. does not manage the User's assets and does not make investment decisions on their behalf;
  4. does not act on behalf of, under instructions from, or in the interests of the User.

7.3. The Company does not conduct a full or comprehensive due diligence review of Third Parties, their activities, legal status, financial standing, or possession of permits, licenses, or authority, unless explicitly stated otherwise.

7.4. All information regarding investment opportunities, assets, or projects:

  1. may be provided by Third Parties;
  2. may be incomplete, inaccurate, or outdated;
  3. is not verified by the Company in its entirety.

7.5. The inclusion of information about Third Parties or their proposals does not imply:

  1. their endorsement or recommendation by the Company;
  2. confirmation of their reliability, solvency, or good faith;
  3. a guarantee of quality, results, or safety of any investments.

7.6. The User acknowledges and agrees that:

  1. any interaction with Third Parties is conducted exclusively at their own risk;
  2. the Company does not influence the terms, procedure, or outcomes of such interaction;
  3. the Company does not control the performance of obligations by Third Parties.

7.7. The Company is not liable for:

  1. actions or omissions of Third Parties;
  2. non-performance or improper performance of obligations by Third Parties;
  3. the reliability, completeness, or relevance of information provided by Third Parties;
  4. the outcomes of investments or agreements concluded with Third Parties.

7.8. The Company does not guarantee:

  1. that Third Parties possess the necessary licenses, permits, or authority;
  2. the legality or economic feasibility of proposals;
  3. the achievement of any financial or investment results.

7.9. The User is independently responsible for:

  1. the choice of a Third Party;
  2. verifying their legal status, licenses, and authority;
  3. evaluating cooperation terms and risks;
  4. entering into any agreements or making investments.

7.10. The Company has the right to forward User requests to Third Parties within the limits necessary to organize communication, but such forwarding does not imply:

  1. a recommendation of a specific Third Party;
  2. the assumption of any obligations;
  3. the establishment of any legal relationship between the Company and the User regarding such investments.

7.11. The User agrees that they:

  1. do not rely on the Company as a guarantor or responsible party in relationships with Third Parties;
  2. independently bear all risks associated with such relationships.

8. LIMITATION OF LIABILITY

8.1. To the maximum extent permitted by the legislation of Ukraine, the Company, its officers, employees, representatives, and affiliates shall not be held liable for any direct, indirect, or incidental consequences related to the use of the Website or the information posted on it.

8.2. The Company is not liable for any type of damages, including, but not limited to:

  1. loss of invested capital (in whole or in part);
  2. lost profits or unrealized revenue;
  3. loss of expected income;
  4. decrease in asset value;
  5. loss of investment liquidity;
  6. any other financial or economic losses.

8.3. The Company is not liable for any losses or consequences arising in connection with:

  1. the use or inability to use the Website;
  2. the use, interpretation of, or reliance on information published on the Website;
  3. any decisions made by the User, including those of an investment nature;
  4. interaction of the User with third parties.

8.4. The Company is not responsible for:

  1. the accuracy, completeness, or relevance of information obtained from third parties;
  2. any changes in market conditions, economic environments, or legislation;
  3. the outcomes of investment projects or executed deals;
  4. actions or omissions of third parties.

8.5. The Company is not liable for the non-performance or improper performance of obligations by third parties, even if such parties were introduced through the Website.

8.6. The Company is not responsible for:

  1. delays, suspension, or termination of project execution;
  2. incomplete construction or changes in real estate asset parameters;
  3. changes in financial indicators or investment terms.

8.7. The Company is not liable for:

  1. technical failures, interruptions, or unavailability of the Website;
  2. loss or corruption of data;
  3. unauthorized access to information that occurred beyond the reasonable control of the Company.

8.8. The User agrees that they:

  1. use the Website at their own risk;
  2. do not rely on the Company as an investment advisor;
  3. independently evaluate all risks.

8.9. In cases where the liability of the Company cannot be completely excluded under the legislation of Ukraine, such liability shall be limited to the minimum extent permissible by law.

8.10. Nothing in this Disclaimer limits the liability of the Company in cases where such limitation is explicitly prohibited by mandatory provisions of the legislation of Ukraine.

8.11. The User waives any claims against the Company that may arise in connection with the use of the Website or the information on it, to the maximum extent permitted by law.

9. NECESSITY OF INDEPENDENT PROFESSIONAL EVALUATION

9.1. The User confirms that any information obtained through the Website is not a sufficient, complete, or exhaustive ground for making investment, financial, legal, or tax decisions without conducting an independent analysis and/or obtaining independent professional advice.

9.2. Prior to making any decisions related to investing or acquiring real estate assets, the User is obliged to independently:

  1. conduct a proper due diligence review of assets, projects, rights to assets, and counterparties;
  2. evaluate legal, financial, tax, technical, and other risks;
  3. verify the legal status, authority, permitting documentation, and business reputation of the relevant persons;
  4. obtain and analyze all material documents related to the investment.

9.3. The User is strongly recommended to obtain consultations from independent specialists, including:

  1. financial advisors;
  2. attorneys or legal counsels;
  3. tax consultants;
  4. technical experts (in the field of real estate).

9.4. The User acknowledges and agrees that:

  1. the Company does not conduct a full or comprehensive due diligence review of properties, projects, or Third Parties;
  2. information may be incomplete, inaccurate, or obtained from third parties;
  3. any evaluations, conclusions, or assumptions formed on the basis of such information may prove inaccurate or subject to change.

9.5. Any refusal by the User to conduct a proper due diligence review or to obtain professional advice is done strictly at their own risk.

9.6. The Company is not liable for:

  1. any decisions made by the User without conducting a proper due diligence review;
  2. the consequences of refusing to obtain independent professional advice;
  3. any financial, economic, or other damages arising from the use of information without additional verification.

9.7. The failure of the User to seek advice from independent consultants cannot be considered a ground for imposing any liability on the Company.

10. ACCEPTANCE OF TERMS

10.1. Accessing the Website, viewing its materials, or using any information or functionality of the Website constitutes full and unconditional acceptance of this Disclaimer by the User.

10.2. The User confirms that they:

  1. have read this Disclaimer in its entirety;
  2. understand its content and legal consequences;
  3. are fully aware of the existence of investment risks;
  4. accept such risks in their entirety;
  5. agree that all decisions are made by them independently.

10.3. Use of the Website without reviewing this Disclaimer or with an incomplete understanding of it is carried out by the User at their own risk and does not exempt them from the obligation to comply with this Disclaimer.

10.4. In case of disagreement with any provisions of this Disclaimer, the User must immediately stop using the Website.

10.5. The Company has the right to amend this Disclaimer at any time without prior notice. The updated version takes effect from the moment it is posted on the Website.

10.6. Continued use of the Website after amendments are made to the Disclaimer constitutes confirmation of the User's familiarization with such changes and their full consent to them.

10.7. The User confirms that they use the Website as a person who:

  1. acts in their own interest;
  2. possesses a sufficient level of knowledge to evaluate information;
  3. independently makes decisions without relying on the Company as an advisor;
  4. does not rely on the Company as a source of guarantees or confirmation of results.