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09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01395060 '14 SOF funds RVPI Charles Smith Managing Partner & CIO +44-20-3947-7002 [email protected] This document can only be offered to Accredited Investors and Qualifie
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulate
09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01395725 '14 SOF funds RVPI Charles Smith Managing Partner & CIO +44-20-3947-7002 [email protected] This document can only be offered to Accredited Investors and Qualifie
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulate
09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01397425 '14 SOF funds RVPI Charles Smith Managing Partner & CIO This document can only be offered to Accredited Investors and Qualified Purchasers. This material is personal to each offe
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulate
09 10 11 12 13 14 '04 '05 '06 Index DPI '07 '08 Index RVPI '09 '10 '11 SOF funds DPI '12 '13 EFTA01396752 '14 SOF funds RVPI Charles Smith Managing Partner & CIO This document can only be offered to Accredited Investors and Qualified Purchasers. This material is personal to each offe
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulate
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulated
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulated
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulated
ndower, when the team were employees of Deutsche Bank. In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and Charles Smith have been permanent voting members of the SOF Funds investment committees since inception; (ii) Chi Cheung, Francesco Rigamonti and Adam Graev have
only be communicated to banks duly licensed by the "Autorite de Controle Prudentiel" and fully licensed portfolio management companies by virtue of Law n° 1.144 of July 26, 1991 and Law 1.338 of September 7, 2007, duly licensed by the "Commission de Controle des Activites Financier-es. Such regulated
Entities connected to both Charles Smith and Law n

Prince Charles
PERSONGlendower
LOCATION
Deutsche Bank
ORGANIZATIONAdam Graev
PERSONChi Cheung
PERSONGlendower Capital
ORGANIZATIONDeirdre Davies
PERSONFrancesco Rigamonti
PERSON
General Electric
ORGANIZATIONSOF IV
ORGANIZATION
J. Robert Oppenheimer
PERSONPomona
LOCATIONGlendower Capital SOF IV
ORGANIZATIONthe Glendower SOF Team's
ORGANIZATIONCredit Suisse Securities
ORGANIZATION
United States
LOCATIONCarlo Pirzio-Biroli
PERSON
George Soros
PERSON
Malaysia
LOCATION
New Zealand
LOCATION