You can only invest in Puma EIS through a Financial Adviser who has assessed that an investment is suitable for you. An investment in Puma EIS carries risk, and you should read in full the Puma EIS Investment Overview. Below are the key risks.

General:  Past performance is no indication of future results, and share prices and their values can go down as well as up. The forecasts in this document are not a reliable guide to future performance.

Liquidity: It is unlikely there will be a liquid market in the shares of the EIS-qualifying companies, and it may prove difficult for investors to realise their investment immediately or in full.

Capital at risk: An investment in Puma EIS can be viewed as high risk. Investors' capital may be at risk, and investors may get back less than their original investment.

Tax reliefs: Tax reliefs depend on individuals' personal circumstances, minimum holding period and may be subject to change.

Private Companies: Puma EIS may invest in unlisted shares. Such investments can be more risky than investments in listed shares. Unlisted shares may be subject to transfer restrictions and may be difficult to sell. It may be difficult to obtain information as to how much an investment is worth or how risky it is at any given time.

Figures on this page are taken from Puma Investments and are correct as of 15 April 2026 unless stated otherwise.