Forward Looking Statements

Certain information published or linked by High Castle Investment & Holdings (“High Castle”) may constitute “forward-looking statements” as defined in applicable securities laws. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, or future events or performance (often, but not always, using words or phrases including, but not limited to, “expects”, “does not expect”, “is expected”, “anticipates”, “does not anticipate”, “plans”, “estimates”, “believes”, “does not believe” or “intends”, or stating that certain actions, events or results may, could, would, might or will be taken, occur or be achieved) are not statements of historical fact and may be “forward-looking information”. This information represents predictions and actual events or results may differ materially.

Forward-looking information may relate to High Castle’s future outlook and anticipated events or results and may include statements regarding High Castle’s financial results, future financial position, expected growth of cash flows, business strategy, budgets, projected costs, projected capital expenditures, taxes, plans, objectives, industry trends, and growth opportunities. Forward-looking information contained in this offering memorandum is based on certain assumptions regarding expected growth, results of operations, performance, industry trends, and growth opportunities.

While management considers these assumptions to be reasonable, based on information available, they may prove to be incorrect. Forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of High Castle to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements. These risks, uncertainties, and other factors include (but are not limited to) risks associated with general economic conditions, adverse industry events, marketing costs, inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favorable terms, income tax and regulatory matters, indirect investments in real property, results of operations, cash distributions, projected costs, and projected profits, and the other risks discussed under the heading “Risk Factors” on our website. The foregoing factors are not intended to be exhaustive.

Although management of High Castle has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events, or results to differ from those anticipated, estimated, or intended. Forward-looking statements contained herein are made as of the date hereof and High Castle and the directors, officers, and employees of High Castle disclaim any obligation to update any forward-looking statements, whether as a result of new information, future events, or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, you should not place undue reliance on forward-looking statements due to the inherent uncertainty therein. All forward-looking information is expressly qualified in its entirety by this cautionary statement. Forward-looking information and other information contained herein concerning management’s general expectations concerning the residential real estate industry in British Columbia are based on estimates prepared by management using data from publicly available industry sources as well as from market research and industry analysis and on assumptions based on data and knowledge of this industry which management believes to be reasonable. However, this data is inherently imprecise, although generally indicative of relative market positions, market shares, and performance characteristics. While management is not aware of any misstatements regarding any industry data or comparable presented herein, industry data and comparable are subject to change based on various factors. High Castle has not independently verified any of this data from independent third-party sources.

Market and Industry Data

This website includes market and industry data that has been obtained from third-party sources, including industry publications. Management of High Castle believes that the industry data is accurate and that their estimates and assumptions are reasonable, but there is no assurance as to the accuracy or completeness of this data. Third-party sources generally state that the information contained therein has been obtained from sources believed to be reliable, but there is no assurance as to the accuracy or completeness of included information. Although the data is believed to be reliable, High Castle has not independently verified any of the data from third-party sources referred to in this offering memorandum or ascertained the underlying economic assumptions relied upon by such sources.

Unless otherwise indicated, information contained in this offering memorandum concerning High Castle’s industry and the markets in which it operates, including general expectations and market position, market opportunities, and market share, is based on information from independent industry organizations, other third-party sources (including industry publications, surveys, and forecasts), and management studies and estimates.

Management of High Castle’s estimates are derived from publicly available information released by independent industry analysts and third-party sources as well as data from the management of High Castle’s internal research, and knowledge of the real estate market and economy, and include assumptions made by High Castle which management believes to be reasonable based on their knowledge of the real estate development industry and markets. Management of High Castle’s internal research and assumptions have not been verified by any independent source, and it has not independently verified any third-party information. While management of High Castle believes the market position, market opportunity, and market share information included in this offering memorandum is generally reliable, such information is inherently imprecise. In addition, projections, assumptions, and estimates of High Castle’s future performance and the future performance of the industry and markets in which it operates are necessarily subject to a high degree of uncertainty and risk due to a variety of factors, including those described under the heading Forward-Looking Statements above and Risk Factors page found on this website.