ADDITION, L.P.

TERMS OF USE

Effective date: February 1st, 2023.

General

Please read the following terms and conditions (inclusive of the Privacy Policy, the “Terms”). They govern your use of this website (the “Site”). By accessing or using the Site in any manner, you agree to be bound by the Terms. We may update the Terms from time to time, and any modifications will be effective immediately upon posting unless we indicate otherwise. If you use the Site after any modifications have been posted, your use will constitute your agreement to such modifications. We suggest that you review
these Terms periodically for changes.

Except as otherwise noted on the Site, all content and material on the Site – including information, photos, videos, graphics, icons, design and overall appearance – are the property of Addition, L.P. (“Addition,” “we” or “us”) and should not be used, modified or reproduced without our prior written consent. All trademarks, trade names and logos displayed on the Site are the property of Addition, its affiliates or their third-party owners, and the Site grants no license to them. ADDITION, ADDITION CAPITAL and ADDITION VENTURES are registered trademarks in the United States and may not be used without the prior written permission of Addition.

The Site is intended solely to provide general information related to Addition. The Site is not directed at and should not be relied upon by any investor or prospective investor in any investment fund or other investment vehicle managed by Addition. Addition does not intend to solicit or make its investment advisory services available to the general public.

Under no circumstance should any information provided via the Site be considered an offer soliciting the purchase or sale of any security or other interest in any investment fund or other investment vehicle managed or mentioned by Addition, nor should any such information be construed as an offer to provide investment advisory services. Any such offer or solicitation will be made separately and only by means of confidential offering documents specific to the relevant investment fund or other investment vehicle to investors that, among other requirements, meet certain qualifications under federal securities laws. There can be no assurance that Addition’s investment strategies will be successful or that Addition’s investment objectives will be achieved. Any investment in a fund or other investment vehicle managed by Addition involves a high degree of risk, including the risk of a complete loss of investment.

Any Addition portfolio companies or other investments described or referenced via the Site are not representative of all investments of the funds managed by Addition, and there can be no assurance that the investments described or referenced will be profitable or that future investments will have similar character or results.

Any opinions expressed via the Site reflect the views of the individual posters and are subject to change. Certain information available via the Site may have been obtained from third-party sources, including from portfolio companies of investment funds managed by Addition. Addition has not independently verified all such information, and Addition makes no representation or warranty about the accuracy of such information or its suitability for any purpose. The opinions expressed on the Site are not intended to constitute investment, accounting, tax or legal advice; nothing on the Site is a recommendation that you purchase, sell or hold any security or other investment or that you pursue any particular investment strategy. The content available on the Site is presented on an “as is” basis without any warranty, express or implied, of any kind.

Certain statements made or other information disseminated on the Site by individual Addition personnel may constitute “forward-looking statements” under the Privacy Securities Litigation Reform Act of 1995. To the extent any information made available on the Site constitutes a forward-looking statement (which may be identified by use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “upside,” “potential,” “project,” “estimate,” “intend,” “forecast,” “target,” “believe” or similar terminology), please note that actual events, results or performance may differ materially from those reflected or contemplated by such statement. Addition disclaims any obligation to update any forward-looking statement in the event it later turns out to be inaccurate, whether as a result of new information, future events or otherwise. Any projections, estimates, forecasts, targets or opinions expressed on the Site are subject to change without notice and may differ from opinions expressed by others.

Additional important information about Addition, including our Form ADV, is available at the SEC’s website, http://www.adviserinfo.sec.gov.

Third-Party Websites

The Site may include content created, prepared or otherwise made available by third parties or a link to or integration with websites operated by third parties. Addition has no control over any such content or websites and shall have no liability related to such content or websites. The existence of any such content, link or other integration does not constitute an endorsement of the relevant content, website or third party. You hereby release and hold Addition harmless from any and all liability arising from your use of any third-party content, website or service.

Privacy Policy

At Addition, we respect your privacy and, whether you are visiting the Site as an investor, founder or member of the general public, you are entitled to the protection of your personal information. Please read this Privacy Policy to learn how we treat your personal information.

By using or accessing the Site in any manner, you hereby consent to our collection, use and sharing of your information as described in this Privacy Policy.

Remember that your use of the Site is subject to the Terms, including this Privacy Policy.

1.           WHAT THIS PRIVACY POLICY COVERS.

This Privacy Policy provides important disclosures and other information relating to how we treat Personal Data that we gather when you access or use the Site, but this Privacy Policy does not cover the practices of companies we don’t own or control or people we don’t manage, nor does this Privacy Policy
cover the practices of any entity with whom we have an investment relationship, even if you are able to access such entity’s website or services through a link on the Site. This Privacy Policy also does not apply to information obtained or disclosed in offline correspondence or in connection with an investment in one of our affiliated investment funds. Please note that you may have additional rights to control the use and disclosure of your Personal Data. If you have a disability, you may access this Privacy Policy in an alternative format by contacting [email protected].

Use of the term “Personal Data” herein means any information that identifies or relates to a particular individual and also includes information referred to as “personally identifiable information” or “personal
information” under applicable data privacy laws, rules or regulations.

2.           CATEGORIES OF PERSONAL DATA WE COLLECT.

The chart below identifies the categories of Personal Data that we have collected over the past 12 months or may collect in the future:

Sources of Personal Data
We collect Personal Data about you:

• When you provide such information directly to us (e.g., when you send us an email or otherwise communicate with us).
• When you use the Site and such information is collected automatically through Cookies (defined in the “Tracking Tools and Opt-Out” section below).

Our Commercial or Business Purposes for Collecting Personal Data

• Providing, Customizing and Improving the Site
  • Providing you with the Site.
  • Meeting or fulfilling the reason you provided the Personal Data to us.
  • Providing support and assistance for the Site.
  • Improving and developing the Site, including research, testing and internal analytics.
  • Protecting against, deterring or otherwise addressing fraud, security and debugging.
  • Carrying out other business purposes stated when collecting your Personal Data or as otherwise set forth in applicable data privacy laws.
• Corresponding with You
  • Responding to correspondence that we receive from you, contacting you when necessary or requested, and sending you information related to us.
  • Sending emails and other communications according to your preferences or that display content that we think will interest you.
• Meeting Legal Requirements and Enforcing Legal Terms
  • Fulfilling our legal obligations under applicable laws, rules and regulations, court orders and other applicable legal requirements.
  • Protecting against, deterring or otherwise addressing illegal, fraudulent or otherwise harmful actions and maintaining the safety, security and integrity of the Site.
  • Enforcing any agreements with you.
  • Responding to claims that any content available via the Site violates third-party rights.
  • Resolving disputes.

We will not collect additional categories of Personal Data or use the Personal Data we collected for materially different, unrelated or incompatible purposes without providing you notice.

3.           HOW WE SHARE YOUR PERSONAL DATA.
We may disclose your Personal Data to the categories of service providers or other parties identified in this section. Depending on state laws that may be applicable to you, some of these disclosures may constitute a “sale” of your Personal Data. For more information, please refer to the state-specific sections below.

• Service Providers. These parties help us provide the Site or perform business functions on our behalf. They include:
  • Hosting, communications and other technology providers.
  • Fraud prevention and other security providers.
  • Analytics providers.
• Advertising Partners
  • Marketing providers.

Legal Obligations

We may share any Personal Data that we collect with third parties in furtherance of the purposes described under “Meeting Legal Requirements and Enforcing Legal Terms” in the “Our Commercial or Business Purposes for Collecting Personal Data” section above.

Business Transfers

All of your Personal Data that we collect may be transferred to a third party if we undergo a merger, acquisition, bankruptcy or other transaction in which that third party assumes control of our business (in whole or in part). Should one of these events occur, we will make reasonable efforts to notify you before your information becomes subject to different privacy and security policies and practices.

Data that is Not Personal Data

We may create aggregated, de-identified or anonymized data from the Personal Data we collect, including by removing information that makes the data personally identifiable to a particular user. We may use such aggregated, de-identified or anonymized data and share it with third parties for our lawful business purposes, including to analyze, build and improve the Site, provided that we will not share such data in a manner that could identify you.

4.           TRACKING TOOLS AND OPT OUT.

The Site may use cookies and similar technologies such as pixel tags, web beacons, clear GIFs and JavaScript (collectively, “Cookies”) to enable the relevant servers to recognize your web browser and tell us how and when you visit and use the Site, to analyze trends, learn about our user base and operate and improve the Site. Cookies are small pieces of data – usually text files – placed on your computer, tablet, phone or other device when you use that device to access certain of the Site. We may also supplement the information we collect from you with information received from third parties, including third parties that have placed their own Cookies on your device(s). Please note that because we may use Cookies, the Site does not support “Do Not Track” requests sent from a browser at this time.

We may use the following types of Cookies:

• Essential Cookies. Essential Cookies may be required for providing you with features or services that you request. Disabling these Cookies may make certain features and services unavailable.
• Performance/Analytical Cookies. Performance/Analytical Cookies may be used to enable us to understand how visitors use the Site, such as by collecting information about the number of visitors to the Site, what pages visitors view on the Site and how long visitors are viewing or engaging with the Site. Performance/Analytical Cookies could also help us measure the performance of any advertising campaign we may launch, in order to help us improve our campaigns and the content of the Site for those who engage with our advertising. For example, Google LLC (“Google”) uses cookies in connection with its Google Analytics services. Google’s ability to use and share information collected by Google Analytics about your visits to the Site is subject to the Google Analytics Terms of Use and the Google Privacy Policy. You have the option to opt-out of Google’s use of Cookies by visiting the Google advertising opt-out page at www.google.com/privacy_ads.html or the Google Analytics Opt- out Browser Add-on at https://tools.google.com/dlpage/gaoptout/.

You can decide whether or not to accept Cookies through your internet browser’s settings. Most browsers have an option for turning off the Cookie feature, which will prevent your browser from accepting new Cookies, as well as (depending on the sophistication of your browser software) allow you to decide on acceptance of each new Cookie in a variety of ways. You can also delete all Cookies that are already on your device.

5.           SECURITY AND RETENTION.

We seek to protect your Personal Data from unauthorized access, use and disclosure using appropriate physical, technical, and administrative security measures and storage and processing practices based on the type of Personal Data. We retain Personal Data about you for as long as necessary to provide the Site to you, comply with our legal obligations, resolve disputes, or as otherwise permitted or required by applicable law, rule or regulation. We may further retain information in an anonymous or aggregated form where that information would not identify you personally.

Although we work to protect the security of your data that we hold in our records, please be aware that no method of transmitting data or storing data over the Internet is completely secure. We cannot guarantee the complete security of any data you share with us, and except as expressly required by law, we are not responsible for the theft, destruction, loss or inadvertent disclosure of your information or content.

6.           PERSONAL DATA OF MINORS.

We do not knowingly collect or solicit Personal Data about children under 13 years of age. If we learn that we have collected personal information from an individual under 13 years of age without parental consent, we will delete such information as quickly as possible. If you believe that a child under 13 years of age may have provided Personal Data to us, please contact us at [email protected].

7.           PRIVACY RIGHTS OF OTHER UNITED STATES RESIDENTS.

California Resident Rights

California residents are entitled to contact us to prevent disclosure of Personal Data to third parties for such third parties’ direct marketing purposes, under California Civil Code Sections 1798.83-1798.84. If you would like to submit such a request, please contact us at [email protected].

Nevada Resident Rights

If you are a resident of Nevada, you have the right to opt out of the sale of certain Personal Data to third parties who intend to license or sell that Personal Data. If you are a Nevada Resident, you can exercise this right by contacting us at [email protected] with the subject line “Nevada Do Not Sell Request” and providing us with your name. Please note that we do not currently sell your Personal Data as sales are defined in Nevada Revised Statutes Chapter 603A.

8.           CHANGES TO THIS PRIVACY POLICY.

We’re constantly trying to improve our Site, so we may need to change this Privacy Policy from time to time. If you use the Site after any changes to the Privacy Policy have been posted, that means you agree to all of the changes. We suggest that you review the Privacy Policy periodically for changes. Use of information we collect is subject to the Privacy Policy in effect at the time such information is collected.

9.           CONTACT INFORMATION.

If you have any questions or comments about this Privacy Policy, the ways in which we collect and use your Personal Data, or your choices and rights regarding such collection and use, please do not hesitate to contact us at [email protected].