Overview

Trout Capital, LLC ("Trout," "the Firm") has created and implemented a business continuity plan ("BCP") in an effort to mitigate the effects related to unforeseen business interruptions.
This BCP is designed to enable the Firm to continue or resume its investment banking advisory service in the event of an emergency or significant business disruption ("SBD").

Communications and locations of Employees during a disruption

In the event of an SBD, Trout will communicate with its employees in several different ways. The firm will employ a calling tree, which would be implemented by management in the event of an SBD.
The BCP also addresses the relocation of staff to alternate back-up locations in the New York and California areas, which would be available to run the Firm's investment banking and advisory
services for an interim period of time. Recovery time for most of the applications and the relocation to the alternate location is expected to range from 12 to 36 hours.

Communications with Customers

Trout currently communicates with its clients using the telephone, email, fax, US Mail, its affiliate's website, and in person. In the event of an SBD, Trout will assess which means of communication
are still available and use the means closest in speed to the means used in the past. Additionally, if all traditional communications are not available, Trout will post emergency contact information
and instructions where possible on the web site, http://www.troutcapital.com regarding client access to Trout representatives.

Books & Records

Trout maintains its hard-copy books and records and electronic records primarily at its Main Office in New York. Electronic records are backed-up daily and kept off-site. If records are lost as the
result of a business disruption or for any other reason, Trout has the means to physically recover data from electronic back-up locations.

Vendors and Counterparties

Trout's BCP may need to rely upon the recovery and restoration of services provided by various critical business constituents both at its primary and alternate locations. Trout has considered the
extent to which the Firm may be able to depend upon these business relationships during an SBD as a part of its decision to do business with the constituents. Where possible the Firm has engaged
and/or vetted alternate arrangements in order to avoid business disruptions in the case of a business constituent not being able to provide needed goods or services in an emergency.

Disclosure

Trout's BCP is designed to address the continued operation of the Firm in the event of an emergency situation or SBD. However, all risks of business interruption cannot be eliminated and Trout cannot
guarantee that systems will always be available or recoverable following an SBD. Furthermore, Trout has no control over and must rely upon the disaster recovery plans of its various critical business
constituents and vendors. In the event that material changes are made to this BCP, Trout will send an updated copy to all of its clients.

The information contained in this disclosure is provided by Trout for informational purposes only, and nothing contained herein shall be construed to amend, supplement or otherwise modify any of the
terms and conditions set forth in any customer agreement between you and Trout.