❗8.Risk Warning

Potential purchasers of Douglas AMC Passes (as described in this White Paper) should carefully consider and evaluate all risks and uncertainties associated with Douglas AMC, the Partners and their respective businesses and operations, the Douglas AMC Passes and the Initial Pass Issuance, all of which are set forth in this White Paper and the Terms and Conditions prior to the purchase of Douglas AMC Passes . If any such risks and uncertainties develop into actual events, the business, financial condition, results of operations and prospects of Douglas AMC and/or its partners may be materially and adversely affected. In such event, you may lose all or part of the value of your Douglas AMC Passes.

All statements contained in this white paper, statements made in press releases or in any place where they are available to the public, and oral statements that may be made by Douglas AMC and/or partners or their respective principals, executive teams and employees representing Douglas AMC and/or partners, as the case may be, are not statements of historical fact.

All statements concerning the financial condition, business strategies, plans and prospects of Douglas AMC and/or its partners and the future prospects of the industry in which Douglas AMC and/or its partners operate are forward-looking statements. These forward-looking statements, including but not limited to statements regarding Douglas AMC's and/or partner's revenues and profitability, prospects, future plans, other anticipated industry trends and other matters discussed in this white paper regarding Douglas AMC and/or partner are not historical facts, but are merely projections.

These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Douglas AMC and/or its collaborators' actual expected results, performance or achievements versus expected results, anticipated results or achievements, performance or implied by these forward-looking statements. These factors include：

(1) Changes in political, social, economic and stock or cryptocurrency market conditions, and the regulatory environment in the countries in which Douglas AMC and/or its partners conduct their respective businesses and operations;

(2) Risk that Douglas AMC and/or its partners may not be able to execute their respective business strategies and future plans;

(3) Expected changes in growth strategies and expected internal growth of Douglas AMC and/or partners;

(4) Changes in the feasibility and fees paid to Douglas AMC and/or the Cooperator in connection with their respective businesses and operations;

(5) Changes in the utility and compensation of the employees required by Douglas AMC and/or its partners to operate their respective businesses and operations;

(6) Changes in Douglas AMC and/or partner's customer preferences;

(7) Changes in the competitive conditions under which Douglas AMC and/or the partner operates and the ability of Douglas AMC and/or the partner to compete under such conditions;

(8) Changes in the future funding needs of Douglas AMC and/or collaborators and the availability of financing and funding to meet those needs.

(9) Acts of war or terrorism.

(10) Catastrophic events and natural disasters affecting the business and/or operations of Douglas AMC and/or partners.

(11) Other factors beyond the control of Douglas AMC and/or the Cooperator.

(12) Any risks and uncertainties associated with Douglas AMC and/or Partners and their business and operations, Douglas AMC Passes and Douglas AMC Initial Pass Sales.

All forward-looking statements made or attributed by or on behalf of Douglas AMC and/or collaborators are expressly qualified by such factors. Undue reliance should not be placed on these statements in light of the risks and uncertainties that could cause Douglas AMC's and/or a partner's actual expected results, performance or achievements to differ materially from those expressed or implied by the forward-looking statements in this white paper. These forward-looking statements speak only as of the date of this white paper. Neither Douglas AMC, the Collaborators nor any other person represents, warrants and/or undertakes that the actual expected results, performance or achievements of Douglas AMC and/or the Collaborators will be as discussed in the forward-looking statements.

The actual results, performance or achievements of Douglas AMC and/or its collaborators may differ materially from those anticipated in these forward-looking statements.