RBCx Growth Fund I Terms & Conditions

The RBCx Growth Fund I is a proposed initiative of RBC. It is subject to applicable internal, regulatory and other approvals. The proposed structure of the RBCx Growth Fund I is subject to change. This information is not intended to be an offer or solicitation to buy or sell securities.

The information herein has been provided by RBCx, a division of Royal Bank of Canada (“RBC”), for information purposes only and may not be reproduced, redistributed or published, directly or indirectly, in whole or in part, at any time without the prior written consent of RBC. The information contained herein is furnished solely for information and discussion purposes.

RBC does not make or give any representation, warranty or guarantee, whether express or implied, that the information contained herein is complete or accurate or that it has been or will be independently verified or that reasonable care has been taken in compiling, preparing or furnishing such information. The information provided herein is not intended to be exhaustive. RBC expressly disclaims any liability whatsoever for any loss arising from or in reliance upon the whole or any part of the information provided herein.

The information herein is not intended to provide professional advice and should not be relied upon in that regard. Nothing herein constitutes investment, legal or other advice nor is it to be relied upon in making investment decisions. Under no circumstances is the information herein to be construed as a prospectus or advertisement or public offering of any securities. Information contained herein may not be complete and may have to be amended.

RBC takes reasonable steps to provide accurate and reliable information, and believes the information contained herein to be so as of the date hereof. RBC reserves the right, at any time and without notice, to change or amend the information provided for herein without notice.

Information obtained from third parties herein is believed to be reliable, but no representation or warranty, express or implied, is made by RBC, its affiliates or any other person as to its accuracy, completeness or correctness. RBC and its affiliates assume no responsibility for any errors or omissions in the information contained herein.

If an offering of securities of the RBCx Growth Fund I is made in the future, such offering will be made pursuant to a confidential offering memorandum which will contain material information not contained herein (including disclosure regarding risks related to an investment in the RBCx Growth Fund I) and which shall supersede the information herein or any other materials relating to the RBCx Growth Fund I which are disclosed to any individual prior to the distribution of a confidential offering memorandum. The disclosure herein shall be qualified, in its entirety, by such confidential offering memorandum.

The information herein may contain forward-looking statements about general economic factors which are not guarantees of future performance. Forward-looking statements involve inherent risk and uncertainties, so it is possible that predictions, forecasts, projections and other forward-looking statements will not be achieved. RBC cautions you not to place undue reliance on these statements as a number of important factors could cause actual events or results to differ materially from those expressed or implied in any forward-looking statement. Therefore, such statements and information cannot be relied upon for any purpose other than the current illustrative one. Any predictions, projections and forecasts included in this document are not indicative of future results which may vary substantially. All forward-looking statements are subject to change without notice and are provided in good faith but without legal responsibility.

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Dated: September, 2026