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Last updated: 27 January 2026 Applies to: allermuircapital.com & hebrides.allermuircapital.com

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Disclaimer: Allermuir Capital Limited is an appointed representative of Eschler Asset Management LLP which is authorised and regulated by the Financial Conduct Authority ("FCA") and registered with the U.S Securities and Exchange Commission ("SEC") as an Investment Adviser. The information and opinions contained in this document are subject to updating and verification and may be subject to amendment. No representation, warranty, or undertaking, express or limited, is given as to the accuracy or completeness of the information or opinions contained in this document by Allermuir Capital Limited or its directors. No liability is accepted by such persons for the accuracy or completeness of any information or opinions. As such, no reliance may be placed for any purpose on the information and opinions contained in this document. The information contained in this document is strictly confidential. The value of investments and any income generated may go down as well as up and is not guaranteed.