*Target returns are provided for informational and illustrative purposes only, and there is no guarantee that investments in the Clion Income Fund will achieve comparable results. These figures take into account management fees, applicable incentive fees, and other fund-related expenses, as detailed in the confidential Private Placement Memorandums. While Clion’s assumptions and estimates are made in good faith, they remain subject to significant changes based on market or economic conditions. Prospective investors are encouraged to carefully assess this information as part of their evaluation of any investment opportunity. Target returns are hypothetical and come with inherent limitations, as hypothetical performance often diverges substantially from actual outcomes achieved by specific investment strategies. Moreover, various market conditions and the implementation of specific strategies, which cannot be fully predicted in hypothetical projections, may negatively impact actual performance.