GLS 193 Fund,

Ltd.

Fund Investment Objectives

The investment objective of the Fund is to achieve superior capital appreciation by opportunistically trading and investing in an extremely wide variety of securities, instruments, assets and other investment opportunities and engaging in a broad array of trading and investment strategies in any region of the world. GLS International Advisors Limited, an exempted company incorporated with limited liability under the laws of the Cayman Islands, serves as the investment manager to the Fund.