Real Estate Ownership Opportunities: All residences have expansive ocean views. • Private Villas: Cliff Top / Ocean from three bedroom, three bathroom, full kitchen, private verandah - 1,900sf + total area ($1,895,000 - $1,995,000) • Condominium Residences: One and Two Bedrooms: full kitchen, private balconies or terraces - 1000 - 1400 sf total area. ($650,000 - $995,000) In accordance with Bermuda Law AZURA Property Owners may be entitled to: A Residence Permit to allow full time residence / retirement in Bermuda; Ownership and use of an automobile in Bermuda. Use Options: A) Full Residence or individual bedrooms available for rental through the Hotel Management Company. B) Optional private “Owner’s Suite”: Studio or 1 Bedroom portion of Residence with ensuite bathroom and full kitchen / living room, private for owner use year around; with the other bedrooms available for rental through the Hotel Management Company. C) Private use only - no Hotel use. Subject to description of Sponsor, would create higher cost to Purchaser resulting from loss of Bermuda Government incentives. Pricing shown herein assumes participation in Hotel guests. Residence Owners receive 50% of net rental proceeds from transient Hotel guests. No Purchaser Risk During Redevelopment Period - All Purchaser Payments are held in third party escrow to be released only as corresponding stages of construction on their residence are completed.