Disclosures

Securities Law Disclosure

SMG QROF, Inc. has not registered its securities under the Securities Act of 1933, as amended, or under the securities laws of any state. Investments are offered solely in reliance on Rule 506(c) of Regulation D. A Form D will be filed with the SEC and notice filings made in applicable states. These securities may not be resold without registration or an applicable exemption.

Accredited Investor Requirement

Investments in SMG QROF are available only to "accredited investors" as defined in Rule 501 of Regulation D under the Securities Act of 1933. Prior to investment, investors will be required to provide documentation sufficient to verify their accredited investor status.

Risk Factors

• Illiquidity — investments in a Qualified Opportunity Zone fund are generally illiquid for a period of 10 years or more. There is no public market for fund interests and transfers are subject to significant restrictions.

• Development and construction risk — real estate development projects are subject to cost overruns, delays, regulatory approvals, and market conditions that may materially affect projected returns.

• OZ program risk — the tax benefits of the Opportunity Zone program are subject to legislative change. Congress may modify, limit, or eliminate OZ tax incentives before an investor's planned hold period expires.

• Geographic concentration — SMG QROF concentrates its investments in Michigan's Upper Peninsula, creating geographic and economic concentration risk.

• Capital loss — investors may lose some or all of their invested capital. Past performance of any investment is not indicative of future results.

• Leverage risk — fund projects may utilize debt financing, which increases both the potential return and the potential for loss.

Forward-Looking Statements

This website and related materials contain forward-looking statements, including projections of financial returns, development timelines, and market conditions. These statements are based on current expectations and assumptions and are subject to significant uncertainty. Actual results may differ materially from any projected returns.

Tax Disclosure

Information on this website regarding OZ tax benefits is provided for general informational purposes only and does not constitute tax or legal advice. Tax laws are complex and subject to change. Investors should consult qualified tax and legal counsel regarding their specific circumstances before making any investment decision.

No Investment Advice

Nothing on this website constitutes investment advice, financial advice, or a recommendation to invest in any specific security. SMG QROF does not act as an investment advisor with respect to any potential investor. Investors should conduct their own due diligence and consult with qualified financial, legal, and tax advisors.

Past Performance

The Fund has no operating history. Any returns shown are projections, not historical results.