On March 25, 2020, the SEC granted relief to investment advisers, under which advisers could delay certain filing and delivery requirements due to circumstances related to current or potential effects of COVID-19. KCPS Capital Management Ltd. took advantage of the relief provided in such order with respect to its Form ADV filing and delivery obligations for 2020. KCPS Capital Management Ltd. will file its Form ADV and satisfy its corresponding delivery requirements as soon as practicable, but not later than 45 days after the original due dates for such filing or delivery, as applicable.

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