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21estate

Patient capital. Aligned interests. Albanian roots, global perspective.

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Rr. Pjetër Bogdani, Nd. 10, Hyrja 5, K. 7, Ap. 29, 1019 Tiranë

info@21estate.alLinkedIn

21estate SHA is a private joint stock company (Shoqëri Aksionare) registered and operating under Albanian law. We are not a bank, investment fund, or regulated financial institution.

Nothing on this website constitutes an offer to sell securities, a solicitation of an offer to buy securities, or investment advice. We do not make public offerings. Any discussion of potential participation happens exclusively in private conversations with qualified parties.

© 2026 21estate SHA. All rights reserved.

NUIS/NIPT: M42315038F

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Risk Disclosure

Version 1.0 | Effective: 4/3/2026

Risk Disclosure

Effective Date: April 2026

Version: 1.0

1. General Investment Risk

Investing in 21estate SHA involves significant risks, including the possible loss of all capital invested. Past performance is not indicative of future results. There is no guarantee that the investment objectives of the company will be achieved.


2. Illiquidity

Shares in 21estate SHA are not publicly traded on any stock exchange. There is no established secondary market for these shares. While the company operates quarterly liquidity windows to facilitate share transfers between existing shareholders, there is no guarantee that a buyer will be available, or that shares can be sold at the desired price or at all.


3. No Regulatory Protection

21estate SHA is a private joint-stock company (Shoqëri Aksionare) registered under Albanian law. It is not a bank, investment fund, or regulated financial institution. Shareholders do not benefit from deposit insurance, investor compensation schemes, or other protections typically available to clients of regulated financial institutions.


4. Concentration Risk

The company's investment portfolio may be concentrated in a limited number of asset classes, geographies, or individual investments. This concentration increases exposure to adverse events affecting any single investment or market.


5. Currency Risk

Investments may be denominated in multiple currencies (ALL, EUR, USD). Fluctuations in exchange rates can affect the value of investments and returns, both positively and negatively.


6. Valuation Risk

The net asset value (NAV) of the company is calculated based on methodologies determined by the company. Valuations of illiquid assets (such as real estate and private equity) are inherently uncertain and may not reflect the prices that would be obtained in an actual sale.


7. No Guaranteed Returns

The company does not guarantee any level of return on investment. Dividend distributions, if any, are at the discretion of the shareholders’ meeting and depend on the company’s financial performance and cash position.


8. Not Investment Advice

Nothing on the 21estate website or in company communications constitutes investment advice, tax advice, or a recommendation to buy or sell securities. Prospective and current shareholders should consult their own independent financial, tax, and legal advisors before making investment decisions.


9. Forward-Looking Statements

Any projections, forecasts, or estimates provided by the company are forward-looking statements that involve known and unknown risks. Actual results may differ materially from those expressed or implied.


Contact

For questions about investment risks, contact:

21estate SHA

Rr. Pjetër Bogdani, Nd. 10, Hyrja 5, K. 7, Ap. 29

1019 Tiranë, Albania

Email: info@21estate.al

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