The Ritz-Carlton Residences, Estero Bay are not owned, sold or developed by The Ritz-Carlton Hotel Company,
L.L.C. or its affiliates ("The Ritz-Carlton"). LB Estero Bay Investments, LLC uses The Ritz-Carlton marks under a
license from The Ritz-Carlton, which has not confirmed the accuracy of any of the statements or representations
made herein.
