Funding Structure

1. Founder 100

One hundred Founder members each subscribing £5,000 and collectively investing £500,000 for 40% of ExEx—equivalent to 0.4% per member, subject to the final legal structure.

2. Strategic Investment

A further £500,000 will be sought from one or more strategic or private investors for the remaining 40% investor allocation. Preference will be given to investors who can contribute experience, contacts or strategic capability alongside their capital.

3. Pre-Launch Development Funding

Before the full investment and escrow arrangements can be completed, ExEx will incur legal, financial, accounting and corporate-development costs.

These preliminary costs may be supported through a separate Founder Development Funding Agreement between Brian Larkins and a Development Funding Partner. In recognition of the funding and early risk undertaken, the Development Funding Partner may receive an agreed interest taken solely from Brian’s own shareholding.

This arrangement will not reduce the 40% allocated to the Founder 100 or the 40% allocated to other investors. Its terms will be independently documented and will remain subject to appropriate legal and tax advice.