Next Gen Solicitors

Issuer Next Gen Solicitors Limited

£22,500,000 Maximum Investment is £300,000 Minimum Raise Amount

£22,500,000 Target Raise is

8% Annual Interest

Trustee Blue Water Capital Limited

Transferable Ownership of the Bonds cannot be transferred to another party

Security The contractual right to receive the proceeds of each case actioned by Next Gen Solicitors, whether in the form of a success fee for a successful claim and costs awarded or the proceeds of ‘After the Event’ (ATE) Insurance policy for an unsuccessful claim, will be assigned by way of security to the Trustee to be held for the benefit of Investors pending the repayment in full of their subscribed capital.. Ranking All Bonds should rank pari passu, equally and rateably without discrimination or preference alongside all unsecured creditors of the Company. ATE insurance policy All invested capital is secured under the

Early Redemption Investors cannot redeem the Bonds early.

Early Repayment The Company may at any time prior to Redemption, by giving thirty days written notice, offer to repay the principal amount of all or a portion of the Bonds. The Company shall pay to the Bondholders the principal amount of the Bonds redeemed plus all interest due for the 12-month period.

Proposed Terms

of the offer

The Company is offering a £22,500,000 Bond to Investors

12 months Term

12 Month Bond 8% per annum Coupon:

24th August 2020 Launch Date 24th August 2021 Closing Date

On maturity Coupon Payment:

The Bond will be a 12 month investment termwith interest paid on maturity.

£10,000 Minimum Investment is

Offer Conditional on Minimum Fundraising The Offer is subject to the minimum subscription of £300,000 being reached on or before the closing date set out on page 6 of this Information Memorandum. Next Gen Solicitors Directors will not proceed with the Offer until the above condition has been satisfied, and if this condition has not been satisfied on or before the closing date, investors’ monies will be returned without interest.

with tranches thereafter of £1,000

9