Risk Disclosure

Trading financial instruments involves a high level of risk and may not be suitable for all individuals.

You may lose some or all of your invested capital.

Financial markets are affected by economic, political, and macroeconomic events that can cause sudden and unpredictable price movements.

The use of leverage magnifies both profits and losses. Small market movements can result in substantial losses relative to your account balance.

There are no guarantees of profitability.

Past performance is not indicative of future results.

Trade replication relies on third-party broker platforms and technology.

Differences in:

• Spreads • Execution speed • Slippage

may result in outcomes that differ slightly from the master account.

5.1 Third-Party Broker Disclosures

Trade execution, leverage, margin requirements, and account operation are provided by a third-party broker. Clients are subject to the broker's terms, policies, and legal disclosures.

Clients are encouraged to review BlackBull Markets' legal documentation, including risk disclosures, terms of business, and margin policies, available at: https://blackbull.com/en/legal/

Orovio Capital Group Limited does not control broker pricing, execution conditions, or platform availability.

In extreme market conditions, losses may be significant and, in rare cases, approach or exceed expectations.

Only capital you can afford to place at risk should be allocated.

By using Orovio's services, you acknowledge that:

• You understand the risks involved • You accept full responsibility for your trading account • Participation is voluntary and at your discretion

Orovio Capital Group Limited does not provide investment advice and accepts no liability for trading outcomes.