When investing, past performance is no guarantee of future performance. A minimum subscription of $5,000 applies. Applications will only be received on the application form supplied with the Product Disclosure Statement. The targeted return is for a full financial year, is not fixed or guaranteed and may vary. The potential to share in any capital growth may arise through any equity ownership Senior Trust Capital Limited may have in carefully selected investments. The after-tax distribution only takes into account New Zealand income tax and assumes: 1. Senior Trust Capital is a PIE for tax purposes and can take advantage of tax benefits arising from Senior Trust Capital's equity investments. 2. The taxable benefits are currently anticipated to be available through to 31st March 2026. 3. No change in the relevant tax law. The latest information about our current loans is set out in the ‘Table of Loans’ document on the Disclose Register. Senior Trust Capital Limited is the issuer of the product. The Product Disclosure Statement for the offer is available and can be obtained on our website at www.seniortrustcapital.co.nz or at https://disclose-register.companiesoffice.govt.nz/ under Senior Trust Capital’s offer number (OFR10040).