Legal Notice

The information set forth in the Litepaper or these Legal Notices (“Legal Notices”) may not be exhaustive and neither create a contract between you and Saakuru Labs. While we make every reasonable effort to ensure that all information: (i) in the Litepaper; (ii) available on the Saakuru Labs website https://saakuru.com, (iii) available on its Twitter account, (iv) Telegram Channels, (v) Discord Channel, (vi) Facebook Page, or (vii) any other available information moderated by Saakuru Labs (collectively, the “Sites”) (all the information in the Litepaper and all information available on the Sites hereinafter referred to as the “Current Information”) is accurate and up to date, such material in no way constitutes professional advice. Individuals intending to purchase the SKR token (each a “Token Purchase”) should seek independent professional advice prior to acting on any of the Current Information.

NO REPRESENTATION & WARRANTIES

Notwithstanding any other provision of these Legal Notices or any statement made expressly or impliedly in the Current Information, Saakuru Labs does not make or purport to make, and hereby disclaims, any representation warranty undertaking or covenant in any form whatsoever to any entity or person, including any representation warranty undertaking or covenant in relation to the truth, accuracy and completeness of any of the information set out in the Current Information.

REPRESENTATION & WARRANTIES BY YOU

By accessing the Current Information or engaging in a Token Purchase, you represent and warrant to SKR:

• you are over 18 (eighteen) years of age;

• you agree, accept, and acknowledge that the Tokens do not constitute shares or equities or

  securities or financial instruments or investments in any form in any jurisdiction for any purpose;

• you agree and acknowledge that the Current Information does not constitute a prospectus or offer document of any sort and is not intended to constitute an offer of securities in any jurisdiction or a

  solicitation for investment in securities;

• you agree and acknowledge that no regulatory authority has examined or approved of the Current

  Information, and presently there is no plan for the Current Information to be so reviewed;

• the distribution or dissemination of the Current Information any part thereof or any copy thereof, or acceptance of the same by you, is not prohibited or restricted by the applicable laws, regulations, or rules in your jurisdiction, and where any restrictions in relation to possession are applicable, you have observed and complied with all such restrictions at your own expense and without liability to Saakuru Labs;

• you will not make any representation to any person regarding the Tokens that conflict with these

  Legal Notices;

• you agree and acknowledge that in the case where you wish to purchase any Tokens, the Tokens

  are not to be construed, interpreted, classified, or treated as:

  • debentures, stocks, or shares issued by any person or entity (whether Saakuru Labs or otherwise);

  • rights, options, or derivatives in respect of such debentures, stocks, or shares;

  • rights under a contract for differences or under any other contract the purpose or pretended purpose of which is to secure a profit or avoid a loss;

  • units in a collective investment scheme;

  • units in a business trust;

  • derivatives of units in a business trust;

  • any other security or class of securities; or

  • any type of investment

• you are fully aware of and understand that you are not eligible to purchase any Tokens or access the Current Information if you are a citizen, national, resident (tax or otherwise) of an internationally sanctioned country;

• you have a basic degree of understanding of the operation, functionality, usage, storage, transmission mechanisms and other material characteristics of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology, and smart contract technology;

• you are fully aware and understand, there are risks associated with: (A) Saakuru Labs and its business and operations; (B) the Tokens; (C) the Token Purchase; (D) storage of the Tokens, and (E) relying or acting on all or any part of the Current Information;

• you agree and acknowledge that Saakuru Labs is not liable for any direct, indirect, special, incidental, consequential, or other losses of any kind in tort contract or otherwise (including but not limited to loss of revenue income or profits or loss of use or data or loss of reputation or loss of any economic or another opportunity of whatsoever nature or howsoever arising) arising out of or in connection with any acceptance of or reliance on the Current Information, Token Purchase, or any part thereof by you; and

• all of the above representations and warranties are true, complete, accurate, and not misleading from the time of your last access to and/or possession of (as the case may be) the Current Information.

CAUTIONARY NOTE ON FORWARD-LOOKING STATEMENTS

All statements contained in the Current Information statements made in any press releases or in any place accessible by the public, and oral statements that may be made by Saakuru Labs or Saakuru Labs representatives (as the case may be), that are not statements of historical fact, constitute “forward-looking statements”. Some of these statements can be identified by forward-looking terms such as “aim”, “target”, “anticipate”, “believe”, “could”, “estimate”, “expect”, “if”, “intend”, “may”, “plan”, “possible”, “probable”, “project”, “should”, “would”, “will” or other similar terms.

However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding Saakuru Labs’ financial position, business strategies, plans and prospects, and the future prospects of the industry in which Saakuru Labs exists are forward-looking statements. These forward-looking statements, including but are not limited to statements as to Saakuru Labs’ revenue profitability and growth, expected revenue profitability and growth, prospects, future plans, network plans, other expected industry trends, and other matters discussed in the Current Information regarding Saakuru Labs are matters that are not historic facts, but only estimations and predictions.

Saakuru Labs makes no representation or warranty on having made any predictions or estimates or expectations on the basis of any formula, any mathematical or scientific modeling or forecast, or having made any due and proper inquiries or having undertaken any independent research or studies or otherwise. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual future results, performance, or achievements of Saakuru Labs to be materially different from any future results, performance, or achievements expected, expressed, or implied by such forward-looking statements. These factors include, amongst others:

• changes in legal, political, social, economic, and stock or cryptocurrency market conditions and the regulatory environment in the countries in which Saakuru Labs conducts its business and/or its operations or where you engage in a Token Purchase;

• the risk that Saakuru Labs may be unable or execute or implement its business strategies and future plans;

• changes in interest rates and exchange rates of fiat currencies and cryptocurrencies;

• changes in the anticipated growth strategies and expected internal growth of Saakuru Labs;

• changes in the availability and fees payable to Saakuru Labs in connection with its business and

  operations;

• changes in the availability and salaries of employees who are required by Saakuru Labs to operate its

  business and operations;

• changes in preferences of customers of Saakuru Labs;

• changes in competitive conditions under which Saakuru Labs operates, and the ability of Saakuru Labs to compete under such conditions;

• changes in the future capital needs of Saakuru Labs and the availability of financing and capital to fund such needs;

• war or acts of international or domestic terrorism;

• occurrences of catastrophic events, natural disasters and acts of God that affect the businesses

  and/or operations of Saakuru Labs;

• other factors beyond the control of Saakuru Labs; and

• any risk and uncertainties associated with Saakuru Labs and its business and operations, the Tokens, the Token Purchase, and reliance on all or any part of the Current Information.

All forward-looking statements made by or attributable to Saakuru Labs or Saakuru Labs representatives are expressly qualified in their entirety by such factors. Given the risks and uncertainties that may cause the actual future results, performance, or achievements of Saakuru Labs to be materially different from that expected, expressed, or implied by the forward-looking statements in the Current Information, undue reliance must not be placed on these statements.

These forward-looking statements are applicable only as of the later of, the date of publication of the Litepaper, and the latest date that the Sites have been updated. Neither Saakuru Labs nor Saakuru Labs representatives nor any other person represents, warrants, and/or undertakes that the actual future results, performance, or achievements of Saakuru Labs will be as discussed in those forward-looking statements. The actual results, performance, or achievements of Saakuru Labs may differ materially from those anticipated in these forward-looking statements.

Nothing contained in the Current Information is or may be relied upon as a promise, representation, or undertaking as to the future performance or policies of Saakuru Labs. Further, Saakuru Labs disclaims any responsibility to update any of those forward-looking statements or publicly announce any revisions to those forward-looking statements to reflect future developments, events, or circumstances, even if new information becomes available or other events occur in the future.