This advertisement is not intended to and shall not constitute an offer to sell real estate or real estate securities to residents of any jurisdiction where prior registration, license or advance qualification is required but not yet completed. THE COMPLETE OFFERING TERMS ARE IN AN OFFERING PLAN AVAILABLE FROM SPONSOR. FILE NO. CD21-0250 and CD22-0236. SJP Development Corp. Ltd. ("Sponsor"), 71 Fort Street, George Town, PO Box 500, Grand Cayman KY1- 1104. EQUAL HOUSING OPPORTUNITY. Sponsor reserves the right to make changes in accordance with the terms of the Offering Plan, as amended. The amenities described herein are currently anticipated, but not guaranteed, and Sponsor makes no representation regarding the continued offering or availability of any amenities described herein. All depictions of personal or condominium property (including without limitation any furniture, decorations, furnishings, fixtures, appliances, and landscaping) and the maturity of the growth of any landscaping are for illustrative purposes only. VOID WHERE PROHIBITED BY LAW. WARNING: THE CALIFORNIA BUREAU OF REAL ESTATE HAS NOT INSPECTED, EXAMINED, OR QUALIFIED THIS OFFERING, THE CONDITION OF TITLE, THE STATUS OF BLANKET LIENS, (IF ANY), ARRANGEMENTS TO ASSURE PROJECT COMPLETION, ESCROW PRACTICES, CONTROL OVER PROJECT MANAGEMENT, RACIALLY DISCRIMINATORY PRACTICES (IF ANY), TERMS, CONDITIONS AND PRICE OF THE OFFER, CONTROL OVER ANNUAL ASSESSMENTS (IF ANY), OR THE AVAILABILITY OF WATER, SERVICES, UTILITIES OR IMPROVEMENTS. IT MAY BE ADVISABLE FOR YOU TO CONSULT AN ATTORNEY OR OTHER KNOWLEDGEABLE PROFESSIONAL WHO IS FAMILIAR WITH REAL ESTATE AND DEVELOPMENT LAW IN THE COUNTRY WHERE THIS SUBDIVISION IS SITUATED. The Residences at Mandarin Oriental, Grand Cayman are not developed, sponsored, owned, offered or sold by Mandarin Oriental Hotel Group or any affiliate thereof (MOHG), and MOHG makes no representation, warranty or guaranty of any kind. Sponsor and owners of The Residences use the Mandarin Oriental name and trademarks subject to the terms of revocable licenses from MOHG which may expire or be terminated.