The Leonidas Opportunity Fund managed by SKIRITAI Capital LLC is a private partnership for qualified investors. The performance discussed herein reflects investment for a period of time. It should not be assumed that future investors would experience returns, if any, comparable to those illustrated herein. This document is not intended as and does not constitute an offer to sell or solicit any person to purchase securities. Any mention of securities named in this document is neither a recommendation nor a solicitation. This presentation may contain forward looking statements based on the Investment Manager's experience and expectations about the markets in which the Fund invests and the methods by which the Investment Manager expects to cause the Fund to invest in those markets. Those statements are sometimes indicated by words such as "expects," "believes," "seeks," "may," "intends," "attempts," "will" and similar expressions. Those forward looking statements are not guaranties of future performance and are subject to many risks, uncertainties and assumptions that are difficult to predict. Therefore, actual returns could be much lower than those expressed or implied in any forward looking statements as a result of various factors. No person should rely on any information in this document, but should rely exclusively on the offering material when considering whether to invest. Past performance is not indicative of future results.

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