AI Disclosure

Finapolis uses artificial intelligence, including large language models and machine-learning techniques, in parts of the Services, including:

• Napoli, our AI investment research assistant, which answers questions, summarizes information, and helps with portfolio reviews, idea generation, and valuation analysis;
• AI Reporter, which drafts equity research reports from SEC filings, earnings call transcripts, peer data, and market data;
• Summaries and explanations of company filings, news, and metrics; and
• Personalization, which adapts how information is presented based on the goals and preferences you enter.

Some features, such as stock grades, screeners, DCF calculations, and options pricing, rely mainly on deterministic quantitative models rather than generative AI.

When you use Napoli, you are communicating with an automated AI system, not a human. If a human from our team joins a support conversation, we will tell you.

Finapolis currently uses large language models provided by OpenAI and Anthropic. We may add or change providers. When you use AI features, the following may be sent to these providers to generate a response: your questions and prompts, relevant conversation history, portfolio information you have entered or connected (such as holdings, transactions, cash balances, and performance), files you attach, and web-search content. We do not include your password, brokerage login credentials, or email address in AI requests.

Our agreements with these providers do not permit them to use your information to train their models. Providers may retain request data for a limited period, generally up to 30 days, for security and abuse monitoring, after which it is deleted. See our Privacy Policy for details.

Finapolis does not use your portfolio data, prompts, or files to train third-party foundation models. We may use de-identified or aggregated usage information, and feedback you give (such as thumbs up/down), to evaluate and improve our prompts, retrieval, and validation systems.

Finapolis uses retrieval, citations, and validation steps designed to ground outputs in source data. For example, key figures may show the source document, the calculation, and a confidence indicator. These measures reduce errors but do not eliminate them.

AI outputs can be:

• wrong, including stating incorrect numbers, misreading filings, or presenting fabricated facts or citations with confidence;
• incomplete or outdated, missing recent events, filings, or corporate actions;
• inconsistent, giving different answers to the same question;
• biased, reflecting limitations in training data or source data; and
• unable to predict the future, including market movements or unexpected events.

Confidence indicators reflect automated checks, not a guarantee of accuracy.

AI outputs, including those that reference your portfolio, goals, or risk preferences, are general information and analytical results based on your inputs. They are not personalized investment advice or recommendations from a registered investment adviser. See the Investment Disclaimer.

Finapolis does not make investment decisions for you, and AI features do not place trades. You should review, verify, and apply your own judgment to any AI output, and consult a qualified professional where appropriate. Do not rely on AI outputs as the sole basis for any financial decision.

We regularly update, retrain, or replace models, prompts, and methodologies. These changes may affect outputs, and we may not announce every change.

• You can choose not to use Napoli or AI Reporter; core screening, analysis, and portfolio tools remain available.
• You can disconnect brokerage accounts at any time, which stops new portfolio data from being included in AI requests.
• Report a problematic output using the feedback button or at support@finapolis.com.

Questions about our use of AI: support@finapolis.com (subject: "AI Disclosure").

This disclosure is part of the Finapolis Terms of Service.