Investing in
American Energy

This is an exclusive educational dinner designed to show individual investors how direct oil and gas investing actually works: from the energy markets and the underlying geology to deal sourcing, underwriting, taxation, portfolio construction, and potential exit.

The event will be held on Wednesday, September 30, 2026, at 6:00 p.m. at Gibsons Bar & Steakhouse in Oak Brook, Illinois.

The evening is designed for accredited investors who have a genuine interest in energy investing and a reasonable expectation that they could invest at least $100,000.

It may be especially relevant for:

• High-income W-2 professionals
• Business owners and 1099 earners
• Individuals facing an unusually high-income year
• Investors anticipating a business sale or other liquidity event
• Investors evaluating Roth conversions or future RMD taxation
• Individuals seeking exposure to real assets outside the public markets

An individual generally qualifies as accredited by having a net worth exceeding $1 million, excluding a primary residence, or income exceeding $200,000 individually or $300,000 jointly in each of the prior two years, with a reasonable expectation of reaching that level in the current year. Other qualification methods may also apply.

This is not an “oil is going higher” presentation. The evening is designed to explain the entire investment process:

• What drives oil and natural-gas markets
• How private energy opportunities are sourced
• How engineers evaluate geology, reserves, production and well economics
• How sophisticated investors stress-test an oil and gas acquisition
• How intangible and tangible drilling costs may affect an investor’s taxes
• How K-1 reporting works
• How an energy allocation may fit into a broader financial and tax strategy
• The risks that investors need to understand before committing capital

The program concludes with an open Q&A where attendees can ask direct questions about the markets, underwriting, tax treatment and investment structure.

Yes. Kuhn Capital Partners is hosting the dinner and presentation at no cost to attendees. There is no charge to attend and no obligation to invest.

Spouses and guests are welcome, but each seat must be included in the reservation because capacity is limited.

Let’s be transparent: the evening is educational, but Kuhn Capital Partners will discuss Bison II, LP, an affiliated private oil and gas offering, as a real-world example of how a non-operated energy investment is constructed.

No one will be asked to sign subscription documents or make an investment decision during dinner. Anyone interested in learning more would receive the applicable private placement memorandum, partnership agreement, subscription documents and risk disclosures through a separate due-diligence process.

Any investment opportunity is available only to eligible accredited investors and only through the applicable offering documents. KCP and its affiliates may receive fees or other economic benefits in connection with affiliated investment funds.

Bison II is a private, non-operated oil and gas investment fund available to accredited investors.

Rather than operating drilling rigs itself, the fund acquires minority ownership interests alongside established oil and gas operators. Its strategy is focused primarily on assets in the Permian Basin and includes interests in producing wells, development opportunities and strategic acreage.

The objective is to combine existing production with future development potential while providing investors with direct exposure to the economics and potential tax benefits of oil and gas ownership. Bison funds use independent third-party fund administration, annual third-party audits and specialized oil and gas accounting support.

Oil and gas investments may generate tax deductions associated with intangible drilling costs, the recovery or depreciation of tangible drilling costs, and potentially depletion deductions related to production.

No one should invest solely to receive a tax deduction.

Potentially, but there is no universal answer.

Whether a particular deduction can be used against a particular category of income depends on the investor’s tax circumstances and the application of rules involving tax basis, amounts at risk, passive activities, investment structure, filing status and other limitations.

The event will explain how these strategies are commonly evaluated, but neither KCP nor the speakers can determine an attendee’s personal tax result during the dinner. Every investor should have the proposed investment reviewed by an independent CPA or tax adviser before proceeding. Tax outcomes depend on individual circumstances and may change.

No. A tax deduction does not turn a bad investment into a good one.

The tax benefits are an important part of the economics, but the underlying investment must stand on its own. Bison II’s investment thesis is based on ownership of real oil and gas assets, existing production, development inventory, experienced operators, disciplined underwriting and the potential value created through future production and asset monetization.

The goal is to pursue both tax efficiency and total return. Neither tax benefits nor investment returns are guaranteed.

Potential returns may come from several sources:

• Cash flow from producing wells
• Additional production as new wells are drilled and completed
• Growth in reserves and asset value
• The eventual sale or monetization of the fund’s assets

Actual results will depend on commodity prices, production levels, drilling schedules, operating costs, development expenses and the timing and value of any eventual exit. Distributions may vary and are not guaranteed.

Bison II is a long-term and illiquid private investment. Risks include:

• Loss of some or all invested capital
• Volatility in oil and natural-gas prices
• Lower-than-expected production
• Drilling or completion delays
• Cost overruns and increased operating expenses
• Mechanical, environmental, title and regulatory issues
• Reliance on third-party operators
• Delays in development or asset sales
• Limited ability to transfer or sell the investment

There is no established public market for the partnership interests, and investors should not commit capital they may need during the investment period. The complete risks, fees, expenses and conflicts are described in the offering documents.

The event is designed for individuals who have a reasonable expectation that they could invest at least $100,000. Attending the dinner does not create any commitment or obligation.

Actual eligibility, minimum investment requirements and acceptance of any subscription are governed exclusively by the applicable offering documents and the fund manager’s approval.

A member of the Kuhn Capital Partners team will contact you by phone or email within one business day to confirm your reservation.

The program begins at 6:00 p.m., with dinner and presentations beginning at approximately 6:45 p.m. and open Q&A beginning at approximately 8:00 p.m.

Gibsons Bar & Steakhouse is located at 2105 Spring Road, Oak Brook, Illinois 60523, and parking is available at the restaurant.