Your Capital is at Risk, investment is not covered by the Financial Services Compensation Scheme (FSCS) and interest payments are not guaranteed. In the event of a loan default or if Fluid becomes insolvent, you may lose some or all of your investment, including interest payments due. If you are in any doubt about making an investment you are strongly recommended to consult a trained professional advisor. Before you subscribe to the bond you should ensure that you fully understand the risks and determine whether the bond is suitable for you on the basis of all the information available, including the Information Memorandum.

The bond is not FSCS protected

The Bonds are not protected by the Financial Services Compensation Scheme (“FSCS”). Therefore, if the Company were to become insolvent or go out of business, Bondholders may lose all or part of their investment in the Bonds and no government or other body would be required to compensate them for such loss.