L I B E R T Y R A C I N G CONTENT 3 4 6 7 8 10 12 18 20 21 22 24 Foreword Goals and vision of LIBERTY RACING The stars of the first syndicates Current syndicates at a glance LIBERTY RACING’s approach 2024 syndicates at a glance LIBERTY RACING at a glance Our Services The Costs Our racing colours The founders The team of LIBERTY RACING 2

L I B E R T Y R A C I N G GOALS AND VISION OF LIBERTY RACING Carried by the power of the noble thoroughbreds, LIBERTY RACING combines an attitude to life for freedom, love of horses and joint successes on the racetracks of this world. We have set ourselves the goal of promoting and experiencing the cultural heritage of the thoroughbred horse and, as a community of owners, always keeping an eye on the welfare of the horses during and after their career. This is how the following goals have emerged as the guiding vision of LIBERTY RACING: 1. To unite all national and international friends and acquaintances in joint private syndicates. 2. To experience champions on four legs together on the racecourses of this world. 3. To visit places of triumphs and stud farms. 4. To experience emotions and leisure fun with the whole family and with like-minded people. 5. To live the dream of winning derbies and major national and international races. 6. To live the love of thoroughbred horses. 7. To always promote animal welfare as the foremost principle and to ensure the horses’ careers after their careers on the racecourse.. 4

L I B E R T Y R A C I N G THE STARS OF THE FIRST SYNDICATES FANTASTIC MOON by Sea the Moon out of Frangipani – Breeder: Count and Countess of Stauffenberg – purchase at the BBAG Auction Sale for €49,000 – in train- ing with Sarah Steinberg at Munich. Winner of the IDEE 154th German Derby (Gr.1), Prix Niel (Gr.2), Japan Racing Association – Derby Trial (Gr.3), Preis des Winterfavoriten (Gr.3). GAG 99. ASSISTENT by Sea the Moon out of Anna Kalla – Breeder: Gestüt Röttgen – purchase at the BBAG Auction Sale for €58,000 – in training with Henk Grewe at Cologne. Winner in Carl Jaspers Preis (Gr.2), Han- sa-Preis (Gr.2), Großer Preis von meravis (LR), Grand Prix Aufgalopp (LR), 4th in IDEE 153rd German Derby (Gr.1). GAG 97.5. Private sale to Eckhard Sauren. WINNING SPIRIT von Soldier Hollow a. d. Wamika – Züchter: Gestüt Park Wiedingen – purchase at the BBAG Auction Sale for €80.000 € – was in training with Peter Schiergen at Cologne: Winner in the Pre- mio Campobello (LR), Premio Emanuele Filiberto (LR), 2nd in 140th Derby Italiano (Gr.2), 3rd in Herzog von Ratibor-Rennen (Gr.2), 4th in IDEE 154th German Derby (Gr.1). GAG: 92. Sold at Arqana Arc Sale for €430,000. NIAGARO by Adlerflug out of Nevada – Breeder: Gestüt Brümmerhof – purchase at the BBAG Auction Sale for €61,000 – was in training with Sarah Steinberg at Munich until Nov 2022. Winner in the 79th Silbernes Band der Ruhr (LR). GAG: 92. Sold at Arqana Arc Sale for €240,000. 6 6 GALOPPER OF 2023 FANTASTIC MOON CHAMPI- ON OWNER 2023

L I B E R T Y R A C I N G THE APPROACH After several successful syndicates, we have defined the following common strategy for LIBERTY RACING: • • Professional selection of top horses by an experienced and well connected team of experts from various areas (breeding, exterior, pedigree, veterinary medicine, training). In the selection of horses, the main empha- sis is on successful German families and proven sires, whereby the focus is on classic potential of the horses for the Derby or the Oaks. LIBERTY RACING 2024 Gold also considers less proven sires with the purchase decision relying on the exterior of the horse. • When selecting horses, we use the latest IT technology and proven successful appli- cations (such as equineline.com, thoroug- hbreddailynews.com or g1goldmine.com) and consult successful trainers and very successful auction buyers in addition to the existing team. The selection process starts long before the auction in stud farms’ pas- tures and in the intensive study of the hor- ses‘ pedigrees. The knowledge of families that have been successful for generations is used here to ensure the success of the syndicate. • • Pre-training by experienced experts and training with top trainers. Professional management guarantees selection and preparation of horses. • Lower risk of loss compared to buying a horse as individual owner - one single pay- ment generates shares of several horses. • Using the strength of German breeding (especially stamina) and its worldwide successful dam lines through targeted purchases. • Utilising international network and experi- ence for worldwide sales. • Experiencing horse racing together - on the racecourse, in the morning workouts, at the stud. • New syndicates every year. • Great events for shareholders - leisure ac- tivities at the highest level (with lectures to support the entry into the world of thoro- ughbred). • Not a yield object. • All decisions and services for LIBERTY RACING are made by the team of LIBERTY RACING UG. • All syndicate members share the aware- ness that even if several horses are purcha- sed, a full loss of the money invested can occur. Horse racing syndicates are hobby and are part of an upscale recreational activity, not a yield object. 8

L I B E R T Y R A C I N G 10

PLATINUM 28–32 Shares of €27,500 12 Our Derby winner and Horse of the Year 2023: FANTASTIC MOON

L I B E R T Y R A C I N G GOLD 28–32 Shares of €13,500 once Platinum fills 14 Winning Spirit scoring the Preis der BBAG- Jährlingsauktion

L I B E R T Y R A C I N G AUSTRALIA 12–17 Shares of €40,000 optional 16 Niagaro following his win in the 79th Silbernes Band der Ruhr (LR)

L I B E R T Y R A C I N G OUR SERVICES LIBERTY RACING Management UG organises leisure activities with friends and acquaintances which include the following: • Management of all syndicates • • • Contract management Administration Communication • Marketing • • • • • • • Social media Selection and purchase of horses Selection of and communication with trainers Selection of the races with the trainers Annual accounting of all costs Financial Management Sale of the horses • Organisation of visits to racecourses • Organisation of visits to training facilities • • Visiting stud farms Explanation and information for newcomers on breeding, keeping, training, racing, betting. 18

L I B E R T Y R A C I N G THE COSTS Depending on the syndicate, costs per share vary. In LIBERTY RACING 2024 Platinum syndi- cate, each share costs 27,500 euros. In LIBERTY RACING 2024 Gold, each share costs 13,500 euros. Should LIBERTY RACING 2024 Australia be founded, each share will cost 40,000 euros. The Gold and Platinum syndicates will be settled on 31.12. 2026. If LIBERTY RACING 2024 Australia is established, this syndicate will not be settled until 31.12.2027, as the hor- ses are expected to race in Australia from the end of 2026 to 2027. After deducting all expenses (purchase, training, veterinarian, etc.) each shareholder will receive their percentage share of all available funds. It is possible to purchase several shares. LIBERTY RACING Management UG receives 5 percent per syndicate share for the overall management, 5 percent of each cash prize earned by a syndicate’s horse and 5 percent from each horse sale when the syndicate is dissolved. Should LIBERTY RACING Management UG make a profit from a syndicate after deducting all costs, these profits will be invested in new syndicates and the popularisation of horse racing. Further costs such as purchase price for horses, auction fees, veterinarian and agent fees, training costs, transportation of the horses, race colours, etc. are paid by LIBERTY RACING 2024 from the share deposits. Purchasing a share covers everything up to the dissolution of the syndicate. The payment is made to a LIBERTY 2024 account 14 days after signing the syndicate share purchase agree- ment. The syndicate shareholders are not obliged to make additional payments. 20

L I B E R T Y R A C I N G THE FOUNDERS OF LIBERTY RACING Lars-Wilhelm Baumgarten and Nadine Siepmann are the founders of LIBERTY RACING and both have been horse racing enthusiasts since childhood. The breeding of successful thoroughbred horses and the purchase of fast racehorses are a great passion for both of them. To experience thoroughbreds together with friends and acquaintances is a real pleasure for the entrepreneurial couple. Freedom and dignity for people and animals and the love for the thoroughbred horse carry their founding spirit and also unites many parts of their life vision. In addition to the horses of LIBERTY RACING, there were also very successful purchases and breeding triumphs for the couple that will go down in the hall of fame of their careers as breeders and owners: MUSKOKA – As breeder and owner – Winner in the 165th German Oaks (Gr.1), Winner in the Brümmerhofer Stuten-Meile (Gr.3), Winner in the Henkel-Stutenpreis (LR) – Sale at Arc Sale für 1.3 million euros – GAG 95. WONDERFUL MOON – Purchased for €54,000 at the BBAG Auction Sale - multiple group winner – 2yo: 12-length winner in Herzog von Ratibor-Rennen (Gr.3); victorious in the most important Derby trial, the Union (Gr.2) at Cologne in 2020 – GAG 96. DJANGO FREEMAN – Purchase on the basis of €80,000 prior to first start - group winner, 2nd in IDEE 150th German Derby – sold to Australia – GAG 95.5. BE MY SHERIFF – 2-time Group winner (Carl Jaspers-Preis, Gr.2 and Fürstenberg-Rennen, Gr.3) – 96.5. KALIFORNIA QUEEN – Bred jointly with Nick Proschwitz – €60,000 purchase at the BBAG Auction Sale – Gr.2 winner in the 2020 German Oaks trial at Hoppegarten – GAG 93. KALDERA – €11,000 BBAG purchase – classic winner in the German St. Leger Gr.3) – Champion Mare – GAG 94. 22

L I B E R T Y R A C I N G L I B E R T Y R A C I N G L I B E R T Y R A C I N G THE LIBERTY RACING TEAM Lars-Wilhelm Baumgarten Nadine Siepmann Founder and Entrepreneur Co-Founder LIBERTY RACING and communications Wilhelm „Kojak“ Feldmann Dr. André Böhmer Our „eye for horses“ Veterinarian Steffi Wagner Finja Grosshennig Administration and finances Administration and finances 24 24

Contact LIBERTY RACING Management UG Lars-Wilhelm Baumgarten info@liberty-racing.de Phone: +49 5322 5594-70 Mobil: +49 160 96777770 G A R E T S U H C S + E G G I F : g n u t l a t s e G