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ributions or payments up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from Millennium USA during or after the fiscal year to which such debt or obligation is attributable. Term; Dissolution. Millennium USA will continue until the ear
conduct. The Indemnified Parties will agree that in the event an Indemnified Party receives any such advance, such Indemnified Party will reimburse Millennium USA for such fees, costs and expenses to the extent it is determined that it was not entitled to indemnification. The indemnification provisions o
them. See "The Fund's Investment Program and Strategy." As discussed under "The Fund's Investment Program and Description: Eligible Investments," Millennium does not establish fixed guidelines regarding diversification of investments to be followed by the Fund; the Fund is authorized to invest in a
r, most recently as Managing Director and Head of Capital Formation International in London. Prior to joining Fortress, Mr. Novogratz consulted for Applied Development, a real estate development company, where he focused on raising capital to finance large projects. Prior to working with Applied, Mr. Novogratz hel
ributions or payments up to, but in no event in excess of, the aggregate amount of returns of capital and other amounts actually received by it from Millennium USA during or after the fiscal year to which such debt or obligation is attributable. Term; Dissolution. Millennium USA will continue until the ear
conduct. The Indemnified Parties will agree that in the event an Indemnified Party receives any such advance, such Indemnified Party will reimburse Millennium USA for such fees, costs and expenses to the extent it is determined that it was not entitled to indemnification. The indemnification provisions o
them. See "The Fund's Investment Program and Strategy." As discussed under "The Fund's Investment Program and Description: Eligible Investments," Millennium does not establish fixed guidelines regarding diversification of investments to be followed by the Fund; the Fund is authorized to invest in a
r, most recently as Managing Director and Head of Capital Formation International in London. Prior to joining Fortress, Mr. Novogratz consulted for Applied Development, a real estate development company, where he focused on raising capital to finance large projects. Prior to working with Applied, Mr. Novogratz hel
January 1998 Millennium USA LP (Class Interests) formed January 1998 Millennium International Ltd. (Class FF-Ill Shares) formed January 1998 Millennium feeder funds invest in: Millennium Partners, LP (the "Millennium Master Fund") formed 1989 Investors in the AlphaKeys Millennium Funds are not sh
rivate and confidential 2 CONFIDENTIAL UBSTERFtAMAR00001170 EFTA00236816 AlphaKeys Millennium Funds its capital in Millennium Partners,LP(the:Millennium Master Fund").The AlphaKeys Millennium Funds 9.r!'ests its capital in Millennium Partners, LP (the "Millennium Master Fund").The AlphaKeys Millenniu
blishing strong partnerships in Europe, the Middle East, and Asia, as well as North America. Prior to joining Fortress, he held various positions at Applied Development, Scient and Goldman Sachs Asset Management. He graduated from the College of William & Mary with a B.A. in economics. Gil Raviv General Counsel -
TING INVESTOR USE ONLY Public Policy from the John F. Kennedy School of Government at Harvard University. • John Novogratz, 45 Coined in 2009), is Millennium's Global Head of Capital Development and Investor Relations. Mr. Novogratz is responsible for the Capital Development and Investor Relations Depart
ions are scaled relative to the underlying commodity's volatility enabling the use of the same risk management disciplines that are employed across Millennium. Distressed Strategies. Distressed strategies involve purchases and sales of debt and quasi-debt securities and obligations of companies with what
r, most recently as Managing Director and Head of Capital Formation International in London. Prior to joining Fortress, Mr. Novogratz consulted for Applied Development, a real estate development company, where he focused on raising capital to finance large projects. Prior to working with Applied, Mr. Novogratz hel
Entities connected to both Millennium and Applied Development

Ghislaine Maxwell
PERSON
United States
LOCATION
New York
LOCATIONMillennium USA LP
ORGANIZATIONCayman
LOCATIONErnst & Young LLP
ORGANIZATION
England
LOCATION
Tokyo
LOCATION
UBS AG
ORGANIZATIONLehman
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONMillennium International, Ltd.
ORGANIZATIONMillennium USA's
LOCATION
New York State
LOCATIONthe Mutual Funds Law
ORGANIZATION
JPMorgan Chase
ORGANIZATION
George W. Bush
PERSONthe Non-USD Shares
ORGANIZATION
Mohammed bin Salman
PERSONthe Cayman Islands Monetary Authority
ORGANIZATION