Risk Disclosure Statement

Effective date: 9 July 2026  ·  Last updated: 9 July 2026

1. Nature of the Service

MoloneyStreetRe Analytics provides quantitative research, data analytics, market commentary, and financial education for securities listed on the Nigerian Exchange Group (NGX) and other Nigerian capital markets instruments. The platform is operated by Vine Edge Management Ltd (Nigeria) and Vine Edge Investments Ltd (UK).

All Content on this platform — including composite scores, signals, sector analysis, screener outputs, weekly research notes, deep-dive analysis, and educational materials — is general market research and commentary only.

2. Not Regulated Investment Advice

Nothing on this platform constitutes:

• Personalised or individual investment advice;
• A recommendation to buy, sell, or hold any particular security;
• An offer or solicitation to enter into any investment transaction;
• Regulated investment advice under the Investment and Securities Act 2007 (Nigeria) or the Financial Services and Markets Act 2000 (UK).

MoloneyStreetRe Analytics is not a registered investment adviser, broker-dealer, or fund manager. Our research outputs are generated by systematic quantitative models and do not take into account your individual financial circumstances, objectives, risk tolerance, or tax position. Always seek independent professional financial advice before making any investment decision.

3. Investment Risk

All investments in securities carry risk. Before investing you should be aware that:

• The value of investments can fall as well as rise. You may get back less than you invest, including total loss of capital.
• Past performance — of individual securities, sectors, or our composite model — is not a reliable indicator of future performance.
• Returns are not guaranteed and may fluctuate.
• NGX-listed securities may have lower liquidity than those on larger exchanges. Verify liquidity before entering any position.
• Currency risk may apply if you invest in Nigerian securities from outside Nigeria.
• Corporate events (rights issues, dividend cancellations, company failures) can materially affect investment values.
• Macroeconomic factors (inflation, interest rates, exchange rates, political events) can affect market prices in ways that are difficult to predict.

4. Model and Data Risk

Our composite scoring model is a quantitative system that processes historical and current market data. You should understand that:

• Quantitative models are based on historical relationships that may not hold in the future.
• Models may contain errors in code, data inputs, or methodology.
• Market data sourced from third-party providers may be delayed, incomplete, or inaccurate.
• The model may not account for all market conditions, including extreme events, market manipulation, or sudden structural changes.
• A high composite score is not a guarantee of positive future returns; a low score is not a guarantee of negative returns.

5. Backtested Performance

Where the platform presents backtested or historical model performance:

• Backtested results are hypothetical — they were not achieved by actual trading.
• Backtests benefit from hindsight and may be subject to overfitting.
• They do not account for transaction costs, market impact, slippage, or taxes.
• Actual live performance may differ materially from backtested performance.

6. No Liability for Investment Decisions

The Company accepts no responsibility or liability for any investment decision made by a subscriber in reliance on any Content provided through the Service. The subscriber bears sole responsibility for all investment decisions and their consequences. This limitation applies to the fullest extent permitted by applicable law.

7. Regulatory Status

Nigeria: Vine Edge Management Ltd is not registered as an investment adviser or broker with the Securities and Exchange Commission of Nigeria (SEC). Our services are limited to market research and financial education, which do not require SEC registration under the current regulatory framework.

United Kingdom: Vine Edge Investments Ltd does not carry out regulated activities within the meaning of the Financial Services and Markets Act 2000. Our services constitute unregulated market research only.

If you are in any doubt about whether our services are suitable for you, consult a suitably qualified financial adviser regulated in your jurisdiction.

8. Acknowledgement

By using MoloneyStreetRe Analytics you acknowledge that you have read, understood, and accepted this Risk Disclosure Statement, and that you understand the nature of the Service and the risks involved in investing in financial securities.

Questions: enquiries@moloneystreetre.com