Dear Valued Investor Partners,

We trust this message finds you well.

As communicated in our previous portal update, please find attached the "Settlement Statement" for the ASE Boyd 1 LP (Limited Partnership).

You will notice a deduction labeled "Contingency Holdback," which is essentially a cash buffer within the LP. This buffer is designed to accumulate funds for potential future repairs, thereby minimizing the need for a capital call.

If you have any questions, please feel free to email Peter Fagan at peter.f@alphasevenenergy.com

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Best regards,

The ASE Team