Carver Edison Technology, LLC. (the “Platform”) is a technology platform that is a wholly owned subsidiary of Carver Edison, Inc. All information on this site is provided for informational purposes only. None of the information on the site should be interpreted as an offer or solicitation to buy or sell any security. Additionally, the Platform does not provide tax, legal or financial advice. Issuers and Employees are encouraged to consult with their respective advisors. All information is for informational and illustrative purposes, and may not accurately reflect future performance beyond the inherent structural returns of ESPPs. All securities and Cashless Participation related business is conducted by Carver Edison Capital as a division of First Liberties Financial, an SEC registered broker dealer and FINRA, SIPC and MSRB member firm as applicable. All investing involves risk and investments may lose value, including the possible loss of all money you invest. Past performance does not guarantee future results. Please carefully consider the risks of investing before purchasing securities.¹,²,³ For illustrative purposes only. Not a guarantee, forecast or other indication of expected outcome. Results may vary greatly based on a variety of factors. Past performance is not indicative of future results. All investing involves risk including the possible loss of all money you invest. Source: https://content.etrade.com/etrade/corpservices/cashless-case-study.pdf.