A Simple Guide to Accreditation Verification

A Simple Guide to Accreditation Verification Network-Powered Venture Capital All accreditation letters are valid for investments made in the next 90 days per SEC rules. For income-based verifications, new documentation may not need to be submitted for up to 12 months. Why do I need to be accredited? Alumni Ventures is required by the SEC* to collect documentation from all investors demonstrating their status as accredited investors. Ready to get started? Head over to Parallel Markets. All applications will be reviewed within a single business day. * Alumni Ventures operates under SEC Regulation D, Rule 506(c). How do I verify accreditation? Alumni Ventures has partnered with Parallel Markets to provide a portable identity solution for accredited inves- tors. Their platform simplifies investor onboarding by verifying accreditation information in a single click. What documentation will I need to supply? The available accreditation tests for verifying your information are detailed below. As the requirements vary based on your method of investment, you will be guided during the verification process to ensure the right documents are being requested. INDIVIDUAL INVESTORS Choose one of the following accreditation tests. BUSINESS OR TRUST INVESTORS Choose one of the following accreditation tests. Income $200k annual income individually (or $300k jointly with a spouse) in each of the two most recently completed calendar years Valid for full calendar year Valid for 90 days Valid for 90 days Valid for 90 days Valid for 90 days Net Worth $1 million in individual net worth or joint net worth with a spouse Professional License Maintaining a Series 7, Series 65, or Series 82 license in good standing with a FINRA member firm Assets The business or trust maintains assets or investments in excess of $5 million Ownership Each owner / grantor of the business or trust is accredited NOTE: In lieu of providing documentation, you may have a lawyer, CPA, or SEC-registered investment advisor attest to your accreditation status. Simply enter in their contact information in the accreditation process, and Parallel Markets will reach out to them to collect a letter of attestation. See the FAQs on the following page for more details. Verify Accreditation DOCUMENTATION W2s, 1040s, K-1s, or any other IRS tax document demonstrating income in excess of the relevant threshold DOCUMENTATION Evidence of assets (bank or brokerage statements, tax assessments, property appraisals) and liabilities (a credit report from a national reporting agency) DOCUMENTATION Provide your CRD number DOCUMENTATION Bank or brokerage statements demonstrating assets/investments held by the business or trust DOCUMENTATION Each owner / grantor must complete their individual accreditation

Important Disclosure Information The manager of the AV Funds is Alumni Ventures (AV), a venture capital firm. AV and the funds are not affiliated with or endorsed by any college or university. These materials are provided for informational purposes only. Offers of securities are made only to accredited investors pursuant to each fund’s offering documents, which describe among other things the risks and fees associated with the Fund that should be considered before investing. The funds are long-term investments that involve a substantial risk of loss, including the loss of all capital invested. Past performance is not indicative of future results. Opportunities to invest in any security (of a Fund, of AV or in a syndication offering) is not a guarantee that you will be able to invest and are subject to all terms of the specific offering. All private placements of securities and other broker dealer activ- ities are currently offered through a partnership with Independent Brokerage Solutions LLC MEMBER: FINRA / SIPC (“IndieBrokers”), which is located at 485 Madison Avenue 15th Floor New York, NY 10022. (212) 751-4424. AV and its affiliates are independent and unaffiliated with IndieBrokers. Any securities transactions or related activities offered by AV associated persons are conducted in their capacities as registered representatives of IndieBrokers. To check the background of IndieBrokers and its representatives, visit FINRA’s BrokerCheck, where you can also find our Form CRS. F01-X0411-220221.01 Frequently Asked Questions If I need help, whom should I contact? Our dedicated team of Investor Relations Managers is standing by to assist you through the Parallel Markets process. Simply email [email protected] and your dedicated Investor Relations Manager will be in touch within one business day.You may also contact Parallel Markets directly if you desire at [email protected]. Can I attest to my accreditation using a CPA, Lawyer, or Investment Advisor? A CPA, Lawyer, or Financial Advisor can attest to your status as an Accredited Investor. During the verification process you will have the option to have the veri- fication request emailed directly to your CPA, Lawyer, or Investment Advisor so that they can confirm your status. Parallel Markets is able to accept Valuation Letters. They recommend having your evaluator complete the letter on firm letterhead and upload it directly to their website. The team at Parallel Markets suggests that you notify your evaluator directly that a request will be coming through from them, as the emails will sometimes be swept up as spam or junk. Why am I being asked to provide a credit report? If using the Net Worth test, the provi- sion of your credit report from a national reporting agency is an SEC requirement. For determinations of net worth, the investor must show evidence of assets held less liabilities. Liabilities are usually determined using a consumer credit report. How does Parallel Markets keep my personal information secure? Alumni Ventures will receive a letter signed by Parallel Markets confirming that they reviewed the documentation provided and made a determination that you are an accredited investor. All sensitive user information is stored in an encrypted state on their servers. They are required to maintain the underlying documentation in case of a regulatory audit for three years following the date we issue the letter, after which all docu- mentation is deleted from their systems. If I invest as a Qualified Purchaser, do I need to demonstrate that I’m a Qualified Purchaser? You do not need to provide any addi- tional documentation. Confirming that you have over $5 million in assets is sufficient. Can I include real estate assets? Yes, for real estate other than your primary residence. To count real estate assets toward your net worth, Parallel Markets requires demonstration of ownership and value for each asset claimed. To demonstrate ownership, you can provide documentation like mortgage statements, tax assessments, deeds or any other third-party docu- mentation demonstrating ownership. To demonstrate value, Parallel Markets accepts any third-party documented evidence of value, including tax assess- ments, property appraisals or even Zillow / RedFin estimates (though these may be subject to a discount). My accreditation letter has expired. Do I need to re-up? We only require for your accreditation status to be valid / current at the time of a new investment. If you are simply monitoring your previously made invest- ments, there is no obligation to renew your accreditation if expired until you decide to make another investment with Alumni Ventures. More questions? Please see the FAQ page on Parallel Markets’ website for more answers to common questions. At any time, you may also reach out to the Parallel Markets help desk at [email protected] or to the Alumni Ventures Investor Relations team at [email protected]. To start the accreditation process, visit bridge.parallelmarkets.com/avg.