In accordance with the legal obligations imposed by the French Financial Markets Authority, investors must be fully aware of the risks associated with bond investments, including in particular:

• Risk of capital loss:‍

A total or partial default by Enky’s customers could lead to Enky’s failure and, as a result, to a total or partial loss of the amounts invested by investors. To mitigate this risk, we have implemented capital protection mechanisms, which are described here.

• Risks related to the absence of voting rights for investors:

Investors participating in Enky’s offerings subscribe to bonds issued by the issuer, which do not grant any access to the company’s share capital. As a result, bondholders have no decision-making power in the management of the company’s affairs.

• Liquidity risk:

The bonds issued will not be admitted to trading on a financial instruments market and are therefore illiquid. Investors may transfer their bonds through over-the-counter transactions. However, in the absence of a buyer, investors may not recover their investment before the maturity date of the bonds for each project.

Over time, new risks may arise, and the risks described above may evolve.