Breaking Barriers in AI Investing: CFO Sarah Friar on OpenAI I Robinhood Ventures Fund I

Private markets have been closed to everyday investors for too long. Robinhood Ventures Fund I (RVI) is changing that by expanding access to private companies at the frontiers of their industries. Robinhood CFO Shiv Verma and OpenAI CFO Sarah Friar discuss the road to AGI, the speed of enterprise AI adoption, and how AI is accelerating scientific discovery in areas like healthcare. Learn more about OpenAI, the latest AI company represented in Robinhood Ventures Fund I: https://robinhood.com/us/en/ventures/rvi/ #Robinhood #RobinhoodVentures #OpenAi #AI #PrivateMarkets This presentation has been distributed for informational purposes only and should not be considered as investment advice or a recommendation of any particular security, strategy or investment product. Robinhood Markets Inc. and its affiliates (“Robinhood”) and RVI are not affiliated with OpenAI and its affiliates (“OpenAI”). Views expressed in this presentation are those of each respective speaker and are for informational purposes only. No statement shall constitute an endorsement of, or a recommendation to buy or otherwise invest in, OpenAI, Robinhood, or RVI or its portfolio companies. Robinhood and OpenAI have commercial engagements and other relationships that could affect the objectivity of this presentation. An investment in the Fund is speculative and involves a high degree of risk with substantial risk of loss. See the prospectus here. This presentation contains forward-looking statements within the meaning of the federal securities laws, which statements involve substantial risks and uncertainties. All statements other than statements of historical facts are forward-looking statements. Forward-looking statements contained in this presentation include, but are not limited to, statements about RVI’s investment objectives and RVI’s intent to hold a concentrated portfolio of private companies at the frontiers of their respective industries. Actual results or events could differ materially from the disclosed plans, intentions, and expectations . You should not place undue reliance on these forward-looking statements. RVI undertakes no obligation to update any forward-looking statements after the date of this presentation except as required by law. RVI is a non‑diversified closed‑end fund investing in a concentrated portfolio of private “Frontier Companies.” This investment strategy entails limited information, illiquidity, valuation uncertainty, and risk of loss; shares and the value of the Fund’s Net Assets may be volatile and shares may trade at a discount or premium, and exposures may be via illiquid private vehicles with capital calls and extra fees. The Fund may use leverage, has limited operating history, and does not anticipate that it will pay dividends on a quarterly basis or become a predictable distributor of dividends, all of which can reduce or delay returns. A “Frontier Company” means a private company that, in the Adviser’s view, is a best-in-class, growing business operating at the cutting edge of its sector or industry. A company is “best-in-class” if the Adviser believes it has one or more competitive advantages relative to other companies in its sector. The Fund holds direct or indirect interests in its portfolio companies. The Fund’s shareholders hold interests in the Fund rather than the portfolio companies themselves. Closed-end funds differ from open-end funds in that closed-end funds do not redeem their shares at the request of an investor. No shareholder has the right to require the Fund to redeem his, her or its shares. While the Fund’s shares are listed on an exchange, an active public market for the shares may not develop. As a result, shareholders may not be able to liquidate their investment. Accordingly, shareholders should consider that they may not have access to the funds they invest in the Fund for an indefinite period of time. There is no assurance that the private companies in which the Fund invests will ever have a liquidity event. No part of this material may be reproduced in any form, or referred to in any other publication, without express written permission. Robinhood is a trademark of Robinhood Markets, Inc. in the United States and throughout the world. All rights to the trademarks included herein, other than RVI’s trademarks, belong to their respective owners and our use hereof does not imply any endorsement by the owners of these trademarks. Brokerage services are offered through Robinhood Financial LLC, (“RHF”) a registered broker dealer (member SIPC). Robinhood Ventures is the investment adviser for RVI. Robinhood Ventures is the dba name for Robinhood Ventures DE, LLC (“RHV” or “Adviser”). RHV and RHF are wholly owned subsidiaries of Robinhood Markets, Inc.