PhonePe Limited Unlisted Shares

Important: Risk Disclosure for Unlisted Shares

By proceeding with your investment via the Investkraft platform (Website: [https://www.investkraft.com]), you confirm that you have read and understood the following key risks associated with unlisted equity investments:

1. Market Risk
   Investing in unlisted equities carries a significant risk of capital loss. There are no guarantees on returns or profits. Please consider investing only a portion of your capital in this high-risk asset class.
2. Liquidity Risk
   Unlisted shares are highly illiquid and cannot be easily sold or traded. You may not be able to exit your investment until the business undergoes a successful exit. Be prepared for a long-term investment horizon.
3. Performance Uncertainty
   Projections and forward-looking statements are based on estimates and assumptions and are subject to various uncertainties. These should not be considered guarantees of future performance.
4. Tax Responsibility
   Please ensure you understand the tax implications, including any taxes on dividends or capital gains. Consult a tax advisor if necessary.

By proceeding, you acknowledge these risks and waive any claims against Investkraft related to them.