Disclaimers

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Effective Date: May 24, 2026

1. Nature of Materials. Industrial Patterns publications, including the Operating Benchmarks editions, are descriptive reference materials. They present aggregated operating and structural data drawn from public sources and present that data in standardized, comparable form. They do not make predictions, recommendations, or assessments of suitability for any specific business, transaction, or decision.

2. Not Advice. No content on industrialpatterns.com or within any Industrial Patterns publication constitutes investment advice, legal advice, tax advice, accounting advice, valuation opinion, fairness opinion, operational advice, or any other form of professional advice. Readers should not act on the basis of the Materials without consulting their own qualified professional advisors.

3. No Fiduciary or Advisory Relationship. Access to industrialpatterns.com, purchase of Industrial Patterns publications, or any other use of the Materials does not create a fiduciary, advisory, consulting, broker-dealer, investment-adviser, or client relationship between the reader and Green Shoot Capital Corp., Green Shoot Research, Industrial Patterns, or any affiliated person.

4. No Reliance. The Materials are not intended to be used as the sole or primary basis for any investment, operating, valuation, or other business decision. Readers are solely responsible for their own decisions, interpretations, and outcomes. No representation, warranty, or assurance is made regarding the suitability of the Materials for any specific purpose.

5. No Warranty of Accuracy or Completeness. The Materials are compiled from public data sources believed to be reliable but accuracy and completeness are not warranted. Source data may be revised, restated, or withdrawn by its originators after publication. Methodological choices, peer-group definitions, and presentation conventions reflect editorial judgment and may not align with any reader's specific framework.

6. Forward-Looking Statements. The Materials are descriptive of historical and current conditions and do not constitute forecasts, projections, or forward-looking statements. Past data is not indicative of future outcomes.

7. Data Sources and Methodological Limitations. The Materials draw on public data from the U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, U.S. Census Bureau, U.S. Internal Revenue Service Statistics of Income, and similar sources. Each source has its own definitional, coverage, and timeliness limitations, which are documented in the methodology specification accompanying each edition. Readers should consult the methodology specification before drawing inferences from the data.

8. Methodology Reference. The methodology specification governing each Industrial Patterns publication is identified within that publication and is available on request. Methodology versioning is preserved across editions to support cross-edition comparability.

9. Contact. Questions regarding the Materials, methodology, or these Disclaimers may be directed to: info@greenshoot.ca.