Vertical Capital Connections I, LLC and its affiliates are not currently registered as an investment adviser with the U.S. Securities and Exchange Commission (“SEC”). None of the information contained herein has been filed with the U.S. Securities and Exchange Commission under any securities laws of any U.S. or non-U.S. jurisdiction or any other U.S. or non-U.S. governmental or self-regulatory authority. No such governmental or self- regulatory authority will pass on the merits of the offering of interests in the Fund or the adequacy of the information contained herein. Any representation to the contrary is unlawful. Unless otherwise stated, all information presented herein is as of May 1, 2021 and is subject to change.

Selected risk factors are stated below. Refer to the Second Amended and Restated Operating Agreement and Joiner Agreement for more detailed discussion of risk factors. Capitalized terms have the same meaning as stated in the Operating Agreement unless otherwise noted.

• An investment in the SPV involves a high degree of risk and has limited liquidity; there is no public market for the securities nor is it  contemplated that one will develop in the foreseeable future and the SPV's limited redemption program may not have sufficient liquidity  to redeem units; an investment is suitable only for persons of substantial net worth that are willing, and have the financial capability, to  bear the economic risk of an investment for an indefinite period of time and that can afford to lose all of their investment;
• The SPV is a “blind pool” and investors will not be able to  evaluate the economic  merit of the SPV’s  investments until  after the investments  have been made; the SPV’s investment strategy is speculative and there can be no assurance that the investment objectives
• of the SPV will be achieved or that the investment strategy will be successful;
• The SPV's operating results will be  affected by economic  and  regulatory changes  that impact the financial markets in  general, including competition, interest rate risk and availability of financing, geographic or industry concentration, insurance risks,  etc.;
• The offering is not contingent on a minimum capital raise and may not raise a substantial amount of capital that would allow diversified  holdings or achievement of investment objectives;
• The SPV’s Manager, including its advisors and affiliates, faces multiple conflicts of interest, including those caused by compensation  arrangements, incentive fee structures, positions held with affiliated entities, co-ownership arrangements, and the
• purchase of and allocation of investment opportunities between the SPV and other programs;
• COVID-19 could have a material impact on the SPV’s investments and operations.
• This information is provided strictly for illustrative purposes only. No assurances can be given and no inferences should be drawn with respect to  any future results that may be achieved by the SPV.