Section 37 of 41Information

Information

The ExEx Trust – Statement of Intent

ExEx intend that a significant shareholding in The Expertise Exchange will ultimately be held in trust for the collective benefit of its Founder 100 Members.

The purpose of the proposed ExEx Trust is to recognise the contribution made by those who support ExEx during its formative stage and to ensure that Founder Members retain a meaningful long-term interest in the success of the organisation they helped to establish.

The Trust is also intended to help protect the founding principles of ExEx as the business develops, providing continuity between its original purpose, its members and future management.

The precise legal structure, governance, shareholding and rights of beneficiaries have yet to be finalised and will be established with appropriate professional legal and financial advice before Founder Member investment is invited.

This Statement of Intent does not constitute an offer of shares, investment advice or a legally binding commitment. Its purpose is simply to explain the principle upon which the proposed ExEx Trust is being developed.