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The Fairtree group consists of the following regulated entities: 1) Fairtree Asset Management (Pty) Ltd (South Africa, license no.25917); 2) Fairtree Capital Hospitality (Pty) Ltd (South Africa, license no.46033); 3) Fairtree Asset Management LLP (United Kingdom, license no. 826211);4) Fairtree Capital International IC Ltd (Guernsey, license no. 2293281).