Securities Screener — Terms of Use

Last Updated: 19 February 2026

1. Introduction and Acceptance of Terms

These Terms of Use (“Terms”) govern your access to and use of the Securities Screener application (the “Application”). The Application is owned by AGPB Ltd (the “Creator”) and is licensed to Benchwalk Advisors Limited (“Benchwalk”, “we”, “our”, or “us”), a company registered in England and Wales, which administers and hosts the Application. Your access to and use of the Application is granted by way of a sub-licence from Benchwalk, and these Terms set out the terms and conditions of that sub-licence.

By accessing or using the Application, you agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use the Application. We reserve the right to modify these Terms at any time, and your continued use of the Application following any changes constitutes acceptance of those changes.

The Application is intended for use by authorised personnel of Benchwalk and its affiliates, as well as any third parties to whom access has been expressly granted. Unauthorised access or use is strictly prohibited.

2. Description of the Application

The Application is a securities litigation screening tool designed to identify and analyse potential securities litigation opportunities in respect of companies listed on recognised stock exchanges, including but not limited to constituents of the FTSE 350, FTSE Small Cap, and AIM 100 indices. The Application provides (without limitation) the following features and functionalities:

• Financial anomaly detection utilising quantitative metrics, including but not limited to Beneish M-Score, Altman Z-Score, and Accrual Ratio calculations, designed to identify indicators of potential financial statement irregularities.
• Automated news and regulatory monitoring for relevant corporate events, including but not limited to profit warnings, restatements, regulatory investigations, and enforcement actions.
• Share price and market data analysis, including historical performance, trading volume anomalies, and event-driven price movements.
• Aggregated screening dashboards presenting analytical outputs for assessment by qualified investment professionals.

3. Eligibility and Access

Access to the Application is restricted to authorised users who have been granted credentials by Benchwalk. You are responsible for maintaining the confidentiality of your access credentials and for all activities that occur under your account. You must notify Benchwalk immediately of any unauthorised use of your account or any other breach of security.

We reserve the right to suspend or terminate your access to the Application at any time, without prior notice, for any reason, including but not limited to breach of these Terms or suspected unauthorised use.

4. Permitted Use

The Application is provided solely for the purposes of internal analysis and decision-support in connection with Benchwalk's litigation funding activities. You may use the Application only for lawful purposes and in accordance with these Terms. You agree not to:

• Use the Application for any purpose other than those authorised by Benchwalk.
• Reproduce, distribute, publicly display, or create derivative works based on the Application or any data or content contained therein, except as expressly permitted.
• Attempt to reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code or underlying algorithms of the Application.
• Use the Application to engage in any form of market abuse, insider dealing, or any other activity prohibited by the Financial Conduct Authority, the Market Abuse Regulation, or any other applicable law or regulation.
• Share, transfer, or sublicense your access credentials or otherwise permit any third party to access the Application without Benchwalk's prior written consent.
• Interfere with or disrupt the integrity or performance of the Application or any related systems or networks.

5. Data Sources and Third-Party Content

The Application integrates data from third-party sources, including but not limited to market data providers, financial data APIs, news aggregators, and regulatory databases. Such third-party content is provided “as is” and Benchwalk makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party data.

Your use of data obtained through the Application may be subject to the terms and conditions of the relevant third-party data providers. It is your responsibility to ensure compliance with any such terms.

6. Information Only — No Advice, No Reliance, No Warranty

The Application is provided on a strictly information-only basis. It does not constitute, and shall not be construed as constituting, financial advice, investment advice, legal advice, or a recommendation to pursue or refrain from pursuing any particular investment, litigation funding opportunity, or course of action. All data, analytical outputs, scores, metrics, alerts, and other information provided by or through the Application (collectively, “Application Content”) are provided for general informational and screening purposes only, to assist qualified professionals in their own independent analysis and decision-making. No Application Content should be relied upon as a basis for any investment, funding, or litigation decision.

All use of the Application and all Application Content is entirely at the user's own risk. Application Content is provided on a no-reliance and no-warranty basis. Benchwalk makes no representation or warranty, whether express or implied, as to the accuracy, completeness, timeliness, reliability, suitability, or fitness for any particular purpose of any Application Content. Application Content may contain errors, omissions, or inaccuracies, and may not reflect the most current information available.

Benchwalk expressly disclaims any and all liability for any loss, damage, cost, or expense (whether direct, indirect, consequential, or otherwise) suffered or incurred by any person as a result of or in connection with any reliance placed on any Application Content. Benchwalk further disclaims any duty of care, fiduciary obligation, or responsibility to any user of the Application in respect of decisions made in reliance on, or influenced by, any Application Content.

No user should treat any Application Content as a substitute for their own independent due diligence, investigation, and professional judgement. Any investment or litigation funding decision should be made only after appropriate independent verification and, where appropriate, consultation with qualified legal, financial, and accounting advisers.

7. Intellectual Property

The Application, including its design, source code, algorithms, analytical models, user interface, and documentation, together with all associated intellectual property rights (collectively, the “IP”), is and shall remain the exclusive property of the Creator. Benchwalk holds a licence from the Creator to administer, host, and make the Application available to authorised users, but does not own or claim ownership of the IP.

All rights in the IP are expressly reserved by the Creator. Your use of the Application is permitted solely by way of a limited, non-exclusive, non-transferable, revocable sub-licence granted by Benchwalk in its capacity as licensee of the Creator. Nothing in these Terms grants you any right, title, or interest in the Application or the IP beyond the scope of that sub-licence. No assignment or transfer of any intellectual property rights is granted or implied by virtue of your use of the Application or these Terms.

All trademarks, service marks, trade names, and logos displayed on or through the Application are the property of their respective owners.

8. Confidentiality

You acknowledge that the Application and its contents, including but not limited to analytical methodologies, scoring algorithms, screening criteria, and any data or outputs generated by the Application, constitute confidential and proprietary information of Benchwalk (“Confidential Information”).

You agree not to disclose, publish, or otherwise disseminate any Confidential Information to any third party without the prior written consent of Benchwalk, except as may be required by law, regulation, or court order, in which case you shall provide Benchwalk with prompt written notice of such requirement to the extent legally permissible.

9. Disclaimers and Limitation of Liability

THE APPLICATION AND ALL APPLICATION CONTENT ARE PROVIDED ON AN “AS IS”, “AS AVAILABLE”, AND “WITH ALL FAULTS” BASIS, WITHOUT WARRANTIES OR REPRESENTATIONS OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, ACCURACY, COMPLETENESS, TIMELINESS, AND NON-INFRINGEMENT. ALL SUCH WARRANTIES ARE HEREBY EXPRESSLY DISCLAIMED TO THE FULLEST EXTENT PERMITTED BY LAW.

Without limiting the generality of the foregoing, Benchwalk does not warrant that the Application will be uninterrupted, error-free, or free of viruses or other harmful components, or that any data, scores, metrics, or analytical outputs will be accurate, complete, current, or free from error. Application Content is derived from third-party sources and automated calculations that may be subject to data lags, errors, omissions, and methodological limitations.

Benchwalk expressly disclaims any and all liability arising from or in connection with any reliance placed by any person on any Application Content. You acknowledge and agree that you access and use the Application, and rely upon any Application Content, entirely at your own risk. No information provided by or through the Application shall give rise to any duty, obligation, or liability on the part of Benchwalk, whether in contract, tort (including negligence), equity, under statute, or otherwise.

To the maximum extent permitted by applicable law, in no event shall Benchwalk, its directors, officers, employees, agents, or affiliates be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits, revenue, data, business opportunity, or anticipated savings, arising out of or in connection with your use of, inability to use, or reliance upon the Application or any Application Content, regardless of the theory of liability and even if Benchwalk has been advised of the possibility of such damages.

Nothing in these Terms shall exclude or limit Benchwalk's liability for death or personal injury caused by negligence, fraud or fraudulent misrepresentation, or any other liability that cannot be excluded or limited under applicable law.

10. Data Protection

Our collection, use, and processing of personal data in connection with the Application is governed by our Privacy Policy, which forms an integral part of these Terms. By using the Application, you acknowledge that you have read and understood our Privacy Policy.

11. Indemnification

You agree to indemnify, defend, and hold harmless Benchwalk, its directors, officers, employees, agents, and affiliates from and against any and all claims, liabilities, damages, losses, costs, and expenses (including reasonable legal fees) arising out of or in connection with your breach of these Terms, your use of the Application, or your violation of any applicable law or regulation.

12. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of England and Wales. Any dispute arising out of or in connection with these Terms, including any question regarding their existence, validity, or termination, shall be subject to the exclusive jurisdiction of the courts of England and Wales.

13. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. The invalid or unenforceable provision shall be modified to the minimum extent necessary to make it valid, legal, and enforceable whilst preserving its original intent.

14. Entire Agreement

These Terms, together with the Privacy Policy, constitute the entire agreement between you and Benchwalk with respect to your use of the Application and supersede all prior or contemporaneous agreements, communications, and proposals, whether oral or written, relating to the Application.

15. Contact

If you have any questions or concerns about these Terms, please contact us at: