Regulatory & Participation Disclosure

REGULATORY & PARTICIPATION DISCLOSURE STATEMENT

KENCOMS LIMITED

This Regulatory & Participation Disclosure Statement provides formal clarification regarding the legal status, governance framework, financial structure, and participation principles of KENCOMS LIMITED.

This document is intended to promote regulatory clarity, informed participation, and institutional transparency.

1. Legal Status

KENCOMS LIMITED is a duly registered multipurpose cooperative society operating under the applicable Cooperative Societies Laws of the Federal Republic of Nigeria.

The Society functions within cooperative regulatory frameworks and is governed by:

• Registered Cooperative Bylaws
• Approved Internal Policies
• Applicable Cooperative Laws

KENCOMS LIMITED is not licensed as a deposit-taking financial institution or securities operator.

2. Non-Investment Clarification

Membership participation does not constitute:

• An investment contract
• A securities transaction
• A capital market instrument
• A fixed-income or guaranteed return arrangement

The Society does not offer or guarantee financial returns.

3. Nature of Member Contributions

Member contributions are cooperative participatory funds and are not:

• Bank deposits
• Savings accounts
• Guaranteed capital instruments

All fund usage is governed strictly by:

• Registered bylaws
• Approved internal policies
• Formal governance resolutions

No contribution guarantees capital preservation or appreciation.

4. Participation & Program Structure

Programs operated under KENCOMS LIMITED are governed by documented cooperative rules and policy approvals.

Program-based benefits are:

• Policy-dependent
• Resource-dependent
• Compliance-dependent
• Subject to governance approval

No program constitutes a passive income scheme or high-yield opportunity.

5. Risk Disclosure

Participation involves structured cooperative risk.

• Benefits are not guaranteed
• Outcomes depend on participation
• Governance decisions may affect programs
• Sustainability is prioritised over acceleration

Participation should not be undertaken with expectations of assured income or profit.

6. Governance & Oversight

• Management Committee
• Registered Bylaws
• Internal control systems
• Policy-based approval processes

Oversight ensures compliance, transparency, and sustainability.

7. Regulatory Cooperation

Where required, KENCOMS LIMITED may:

• Cooperate with lawful regulatory inquiries
• Engage compliance professionals
• Provide required information to authorised parties

8. Member Responsibility

• Accept cooperative bylaws
• Comply with policies
• Maintain ethical conduct
• Communicate responsibly

Members are expected to review official documentation before participation.

9. Official Information

Authoritative information is available through:

• Official website
• Governance documents
• Approved communication channels
• Authorised representatives

Unauthorised representations do not bind the Society.