Here are some regulatory notes before we get started. Solimar Fund is a Rule 506(c) of Regulation D fund and only available to verified accredited investors. All fund returns are net of fees and expenses, unaudited, as reported by NAV Consulting. Individual results may vary. Past performance is not necessarily indicative of future results.

Solimar Fund returned +2.9% after fees in September bringing our net year-to-date return to 23.4%—compared to the SPY’s 13.6% YTD*. Since inception on October 1, 2023, Solimar Fund has generated a return of +77.1% after fees in two years (10/1/23-9/30/25), as reported by our third-party fund administrator.

October 1st 2025 marks Solimar Fund’s second birthday, a milestone that fills us with gratitude and excitement. Over the past 24 months, we’ve navigated markets with the same focus and discipline that inspired our name: Solimar, a surf spot known for powerful yet rideable waves.

Side note: to honor those who have trusted us in these very early stages, we have created a Founders class. Keep reading for more info about the great deal we are offering for the rest of 2025.

Our goal has always been simple but ambitious: to grow and protect investor capital through systematic strategies that compound rapidly over time. Our mission: never have a down year and double money every three years.

We are humbled and proud of our two year performance. 77.1% after fees. And while it is prudent to say that past performance is not necessarily indicative of future performance, it is exciting to be on track to double by this time next year.

_{*Our long-term aspiration is to target compounded growth that could approximate a portfolio doubling every three years, though there is no guarantee such results will be achieved and individual results will vary based on entry point and length of investment.}

From the very beginning, our goal has been clear: help investors grow wealth with confidence—doubling capital every three years while keeping each year in the green.

With net returns of 77.1% since inception (10/1/23–9/30/25), we’re well on our way. But performance is only part of the story—the real value is how those results translate into your goals: lasting security, compounding wealth, and the freedom to create impact.

To honor those who’ve believed in us early, and we are still early, we’re introducing the Founders Class.

Capital added before January 2, 2026 will remain at our original fee structure of 0.5% management & 20% performance, locked in permanently. That means that investments made in 2025 and their future growth will continue under Founders Class terms until redeemed.

Starting in 2026, all new investors (and new capital) will be admitted at 1.5% management & 20% performance, which is still below the industry average of 1.7% & 20%.

For current LP’s considering an increase, or for investors ready to join, this is a unique opportunity to amplify long-term compounding and secure the most favorable terms we will ever offer. We are creating some urgency because we believe your investment will be life-changing.

We have also realized with a more time in the industry that the value we offer is well deserving of fees closer to industry average. Not many managers are able to consistently beat their benchmark, let alone set goals to double every 3 years.

We encourage you to join the Founders Class to take advantage of a fee structure designed to help your capital compound faster and strengthen the impact of every dollar invested.

_{*Comparisons shown for informational purposes. Not indicative of future performance. Returns reflect unaudited net performance. Nothing presented herein constitutes investment advice or an offer to invest. Please see the Memorandum for full terms and risk disclosures. Investing in the Fund involves significant risk, including the possible loss of principal. The strategy may experience periods of negative performance. Investors should carefully review the Fund’s Memorandum before making any investment decision.}

_{*Comparisons shown for informational purposes. Not indicative of future performance. Returns reflect unaudited net performance. Nothing presented herein constitutes investment advice or an offer to invest. Please see the Memorandum for full terms and risk disclosures. Investing in the Fund involves significant risk, including the possible loss of principal. The strategy may experience periods of negative performance. Investors should carefully review the Fund’s Memorandum before making any investment decision.}

Year three is about acceleration. With our foundation firmly in place, we’re focused on scaling: 10x’ing our assets, our reach, and our impact. This next chapter is about compounding what we’ve built and moving faster toward our long-term goals. Helping more investors build generational wealth. The opportunity ahead is vast, and the wave we’re riding is only gaining strength.

To our current investors: Much gratitude to you on this milestone. We celebrate together. Your trust fuels our journey, and some of our strongest new relationships have grown directly from your referrals. Please continue to share those connections. With room for only 100 investors in the Fund, space is finite, and we’re eager to welcome partners who share our vision.

Here’s to compounding wealth, deepening relationships, and the confidence to take on larger more meaningful waves in life.

Oh and don’t forget to add capital and refer friends while the Founders Class is still on offer!

Enjoy the ride!

Geoffrey & Tyler

_{2by2 Capital LLC | [email protected] | www.2by2Capital.com}