Terms of Use

Effective Date

February 2, 2026

User Agreement

Welcome to the Sierra Ventures Management III, LLC (“Sierra Ventures”, “we”, “us” or “our”) website (“Website”). This User Agreement governs your access to and use of the public-facing Website and does not apply to any other platform, investor portal, or service we may offer, which are governed by separate agreements. By accessing the Website, you agree to comply with this binding user agreement (“User Agreement”) between you and Sierra Ventures. If you do not accept the terms and conditions of this User Agreement, do not use the Website. Your use of the Website indicates your full acceptance of this User Agreement in its then-current form each time you use the Website. Sierra Ventures reserves the right to change the terms and conditions at any time. If we change this User Agreement, we will give you notice by posting the revised User Agreement on the Website. The changes will go into effect on the effective date shown in the revised User Agreement. If you do not agree with the changes in the User Agreement, your sole remedy is to discontinue the use of the Website. By continuing to use the Website after the new effective date, you agree to be bound by such changes.

The information that we provide is for your information only. Some information provided may not becurrent, or may have changed since the last time you viewed or downloaded it. All information issubject to change without notice. We do not in any way represent or warrant the accuracy or reliabilityof any information provided, and all information is provided subject to the disclaimers and limitations ofliability set forth below.

No General Solicitation or General Advertising of
Security Interests

The material contained in the Website is intended only for financially sophisticated investors and is for their private use. The material contained in the Website does not constitute any offer or sale or any form of general solicitation or general advertising of interests in Sierra Ventures private investment funds. Such private investment funds rely on private placement exemptions to registration under the Securities Act of 1933 (or the securities laws of any states) and have not been registered as investment companies under the Investment Company Act of 1940. In addition, neither Sierra Ventures nor any affiliate thereof is registered with the United States Securities and Exchange Commission as an investment adviser under the Investment Advisers Act of 1940.

Informational Purposes Only

Nothing on the Website is an offer or solicitation to buy or sell any security, and Sierra Ventures is not soliciting any action based on the Website. Nothing on the Website is a recommendation that you purchase, sell or hold any security, or that you pursue any investment style or strategy. Nothing on the Website is intended to be, and you should not consider anything on the Website to be, investment, accounting, tax or legal advice. The past performance of any investment, investment strategy or investment style is not necessarily indicative of future performance.

Ownership and Proprietary Rights to Content

The Website is owned and operated by Sierra Ventures. Any claims or concerns regarding the Website should be addressed to: Sierra Ventures Management III, LLC, 1400 Fashion Island Blvd., Suite 1010, San Mateo, CA 94404; phone (650) 854-1000; or emailinfo@sierraventures.com.

You acknowledge and agree that the Website contains information, data, software, photographs, graphics, text, images, logos, icons, typefaces, audio and video material, and/or other material protected by copyrights, trademarks, or other proprietary rights, and that these rights are valid and protected in all forms, media, and technologies existing now or hereinafter developed. The content of the Website is the property of Sierra Ventures or that of our suppliers or licensors and is protected by U.S. and international copyright laws. You may not modify, remove, delete, augment, add to, publish, transmit, participate in the transfer of, license, sell, create derivative works from, or in any way exploit any of the content, in whole or in part. You may not upload, post, reproduce, perform, or distribute in any way any content without obtaining permission of the owner of the copyright, trademark or other proprietary right.

Trademarks

Sierra Ventures Management, Sierra Ventures, and its logos are trademarks of Sierra Ventures. They may not be used or displayed without Sierra Ventures’ prior written consent. All other trademarks, product names and company names and logos appearing on the Website are the property of their respective owners, and may be used only with the permission of the particular owner.

Password-Protected Areas of Website

Access to certain areas of the Website is reserved for investors in Sierra Ventures private investment vehicles who have been provided a password. If you have been provided a password, use of that portion of the Website is governed additionally by the confidentiality provisions in the offering documents of the particular fund or funds in which you are an investor.

Online Privacy

Sierra Ventures does not collect any personally identifiable information about visitors to the publicly available areas of the Website, including names, addresses, phone numbers or social security numbers. Sierra Ventures may collect and store any personal information that you knowingly provide to us. We do not disseminate the non-public personal information of our investors to any third parties unless in the furtherance of servicing their accounts or as required by law or regulation as described in our privacy policy.

Disclaimers

You expressly understand and agree that:

(a) Your use of the Website is at your sole risk. The Website is provided on an “as is” and “as available” basis. To the fullest extent permissible pursuant to applicable law, we expressly disclaim all warranties of any kind, whether express or implied, including, but not limited to the implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

(b) We do not warrant or represent that (i) the Website will meet your requirements, (ii) the Website will be uninterrupted, timely, secure, or error-free, (iii) the results that may be obtained from the use of the Website will be accurate or reliable, (iv) the quality of any services, or information, or other material obtained by you through the Website will meet your expectations, (v) the server that makes the Website available is free of viruses or other harmful components; or (vi) any errors in any software or in the Website will be corrected.

(c) Any material downloaded or otherwise obtained through the use of the Website is done at your own discretion and risk and you will be solely responsible for any loss or damage incurred, including, without limitation, damage to your computer system or loss of data that results from the download of any such material. You (and not us or any of our affiliated entities or any of our or their respective licensors or suppliers) assume the entire cost of all necessary servicing, repair or correction to restore your system. (d) No advice or information, whether oral or written, obtained by you from us or through or from the Website shall create any warranty not expressly stated in this User Agreement. Applicable law may not allow the exclusion of implied warranties, so the above exclusion may not apply to you.

Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL SIERRA VENTURES, ITS AFFILIATES, OR THEIR RESPECTIVE SUPPLIERS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES, INCLUDING BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, USE, DATA OR OTHER INTANGIBLES, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE WEBSITE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ANY AND ALL CLAIMS ARISING FROM THE USE OF THE WEBSITE IS LIMITED TO ONE HUNDRED US DOLLARS ($100.00).

Because some states do not allow the exclusion or limitation of liability for consequential or incidental damages, in such states liability is limited to the fullest extent permitted by law.

If you are dissatisfied with any portion of the Website or service you receive through it, or with any portion of this User Agreement, your sole and exclusive remedy is to discontinue using the Website.

Governing Law; Dispute Resolution

This User Agreement is governed by the laws of the State of California, without regard to conflict of law principles. Any dispute, claim, or controversy arising out of or relating to this User Agreement or the breach, termination, enforcement, interpretation, or validity thereof, shall be determined by binding arbitration in San Mateo County, California. The arbitration shall be administered by JAMS pursuant to its Comprehensive Arbitration Rules and Procedures. The parties expressly waive their right to a jury trial. Judgment on the award may be entered in any court having jurisdiction. This clause shall not preclude parties from seeking provisional remedies in aid of arbitration from a court of appropriate jurisdiction. This arbitration provision shall not apply to claims of infringement or misappropriation of intellectual property rights, which may be brought in the state or federal courts located in the Northern District of California.

You agree that any claim or dispute you may have against us must be resolved on an individual basis and that you may not bring a claim as a plaintiff or a class member in a class, consolidated, or representative action. You waive any right to a trial by jury or to participate in a class action.

International Use

We make no representation that materials on the Website are appropriate or available for use in locations outside the United States, and accessing them from territories where their contents are illegal is prohibited. Those who choose to access the Website from other locations do so on their own initiative and are responsible for compliance with local laws.

Other Third-Party Websites

The Website may contain links to websites controlled and maintained by third parties. We do not have any control over the content of these websites, and we assume no liability or responsibility for such sites, the content contained in them, or the manner in which any information collected on such sites is used.

Termination

We may terminate your access, or suspend any user’s access to all or part of the Website, without notice, for any conduct that we, in our sole discretion, believe is in violation of any applicable law or is harmful to the interests of another user, a third-party provider, a service provider, or us.

Prohibited Uses

You agree not to use the Website for any unlawful purpose or any purpose prohibited by this User Agreement. You agree not to: (a) use any automated system, including without limitation “robots,” “spiders,” or “offline readers,” to access the Website in a manner that sends more request messages to our servers than a human can reasonably produce in the same period by using a conventional web browser, provided that public search engines may use spiders to copy materials from the Website for the sole purpose of creating publicly available searchable indices of the materials, but not caches or archives of such materials, subject to parameters set forth in our robots.txt file; (b) attempt to gain unauthorized access to any portion of the Website; (c) introduce any viruses, trojan horses, worms, logic bombs, or other material that is malicious or technologically harmful; or (d) otherwise attempt to interfere with the proper working of the Website.

Feedback and Submissions

If you provide us with any feedback, suggestions, or submissions (collectively, “Submissions”), you agree that such Submissions are non-confidential. You hereby grant Sierra Ventures a perpetual, irrevocable, worldwide, royalty-free, fully-paid-up license to use, reproduce, modify, distribute, and otherwise exploit the Submissions for any purpose, without any compensation or attribution to you.

Miscellaneous

If any provision of this User Agreement should be held to be unenforceable or invalid for any reason, then such provision or portion thereof shall be modified or deleted in such manner as to render this User Agreement, as modified, legal and enforceable to the maximum extent permitted under applicable laws. This User Agreement, and any rights and licenses granted hereunder, may not be transferred or assigned by you, but may be assigned by Sierra Ventures without restriction.