Snow Lake may profit if the trading price of Luckin Coffee Inc. securities goes up and may lose money if the trading price of securities of Luckin Coffee Inc. decreases.Snow Lake may change its views about or its investment positions in Luckin Coffee Inc. at any time, for any reason or no reason. Snow Lake may buy, sell, cover orotherwise change the form or substance of its Luckin Coffee Inc. investment. Snow Lake disclaims any obligation to notify the market of any such changes.