“Testimonials and endorsements of operations team members, portfolio company executives and our partners are provided to demonstrate the benefits of working with the Kainos team. They are not provided to solicit investors in a Kainos fund. Some executives featured in these videos have an interest in a Kainos fund or a portfolio company. Operations team members and Kainos partners receive a salary and/or economics from Kainos and portfolio company executives receive a salary and economics from the respective portfolio company. No executives were paid for their testimonial or endorsement. There is a conflict of interest in these unpaid testimonials and endorsements in that all executives stand to benefit from Kainos’ success and for portfolio company executives specifically, their company is owned or partially owned by a Kainos fund.”