Dear Valued Stakeholders and Clients of Financely Group,

In light of recent allegations that have surfaced online, we at Financely Group find it imperative to address these claims directly and transparently.

It is with regret that we acknowledge the circulation of such unfounded assertions, which cast a shadow on our dedication to integrity and professional excellence in the finance advisory sector.

It is crucial to understand the origin of these accusations.

More often than not, they are propagated by competitors or by individuals with motives to tarnish our reputation, sometimes through misinformation or attempts at defamation. This unfortunate situation is a reflection of our increasing prominence in the industry.

Financely Group, as detailed in our F.A.Q., is not a banking institution. Our core expertise lies in being a trade and project finance advisory firm. We are proud of our extensive network, comprising highly regarded financial and legal firms, which positions us to offer services of the highest caliber.

Our primary role is centered around project coordination and the strategic outsourcing of specialized tasks, ensuring that each project is handled with utmost professionalism and expertise.

Regarding our service fees, we emphasize transparency and fairness. The retainer fees we charge are in line with the quality and scope of our work. It is essential for our clients to recognize that each transaction is distinct, and success cannot be guaranteed in every case. Our team is dedicated to applying the best efforts in all our projects.

In instances where a transaction does not proceed as planned, we engage in a comprehensive discussion with the client to understand the challenges and explore possible modifications that could lead to success.

However, some clients are either unable or unwilling to make these necessary changes.

On the matter of refund requests, particularly after considerable periods of work and involvement of third-party entities, our policy adheres to industry standards. Given the nature of our services and the commitment of resources over time, issuing refunds in such scenarios is not viable.

We wish to assert our experience in dealing with such claims. Financely Group is actively taking all necessary legal actions to protect our reputation and the trust that our clients place in us.

Our legal track record is strong; no client has succeeded in a lawsuit against us, which we believe is a testament to our lawful and ethical business practices.

Moving forward, Financely Group has strategically chosen to refine our client base. We are now focusing on companies with a minimum of US$10M EBITDA.

This approach aligns our services with clients who value and understand the importance of quality financial advisory.

This decision also enables us to distance ourselves from clients with unrealistic expectations or a lack of appreciation for the professionalism required in this field.

We remain steadfast in our commitment to uphold the highest standards of service and integrity in all our engagements. We thank our loyal clients and partners for their continued trust and support in Financely Group.

Sincerely,

Naveen Rashmi

Chairman & CEO

Financely Group