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©2023 Phillip Capital Inc. PhillipCapital®, the PhillipCapital® logo, and all other trademarks are the property of Phillip Capital Inc. PhillipCapital is a member of PhillipCapital Group. This material is for informational/educational purposes only and is directed solely to sophisticated/institutional investors (not intended for retail investors). Trading in futures & securities entails significant risk and may not be appropriate for all investors. Options involve risk and are not suitable for all investors. For more information read the Characteristics and Risks of Standardized Options, also known as the options disclosure document (ODD). PhillipCapital does not provide investment advice, tax advice or investment recommendations. This material is only intended for use during the presentation and shouldn’t be disseminated or distributed to parties outside the presentation. PhillipCapital accepts no liability whatsoever with respect to the unauthorized use of this document or its contents. Phillip Capital Inc. is a member of FINRA, SIPC, and regulated by the U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission.