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Reg BI Disclosure Letter.

Regulation Best Interest ("Reg BI") Disclosure Letter

‍

This letter provides you with additional information and disclosures in compliance with Reg BI and the
Firm's Customer Relationship Summary (Form "CRS") which was has also been provided to you.

About the Firm:
VNTR Securities LLC ("VNTR or the "Firm") is a FINRA registered Broker Dealer and approved to sell
Private Placements of securities.

Additionally the Firm has an affiliated SEC Registered Investment Adviser, MVP Manager LLC, which
manages investment funds which invest in late-stage private technology companies (the "MVP Funds"). The Firm acts as a placement agent for the MVP Funds in the sale to investors.

Compensation/Fees
The Firm is paid a fee by the MVP Funds to sell these funds. This creates a conflict because the Firm and its Representatives are compensated to offer the MVP Funds to you. Notwithstanding this, the Firm reviews each particular situation and only recommends you purchase an MVP Fund after an investigation of factors determines that these funds are suitable for you and are in your best interest based on a number of factors including the following:

  • Investment objectives
  • Investment experience
  • Other investments
  • Tax status
  • Investment time horizon
  • Risk tolerance
  • Age

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All of the material information relating to the proposed investments would be explained to you including:

  • The Fund's objectives
  • The characteristics of the Funds
  • The liquidity of the Fund
  • The volatility of the Fund
    ‍

Anticipated performance of the Fund based on market and economic conditions

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