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ndower Access Secondary Opportunities IV GP LLC 60 East 42nd Street, 26th Floor New York, NY 10165 Ladies and Gentlemen: Reference is made to (i) the Private Placement Memorandum, dated January, 2018 (such Private Placement Memorandum, together with any supplements and appendices thereto delivered to the undersigned being
treatment of the Partnership as an entity subject to corporate income tax. The Investor either: (1) (2) is not a partnership, grantor trust, or Subchapter S corporation for United States federal income tax purposes; or EFTA01395655 is a partnership, grantor trust, or Subchapter S corporation for Unit
ndower Access Secondary Opportunities IV GP LLC 60 East 42nd Street, 26th Floor New York, NY 10165 Ladies and Gentlemen: Reference is made to (i) the Private Placement Memorandum, dated January, 2018 (such Private Placement Memorandum, together with any supplements and appendices thereto delivered to the undersigned being
treatment of the Partnership as an entity subject to corporate income tax. The Investor either: (1) (2) is not a partnership, grantor trust, or Subchapter S corporation for United States federal income tax purposes; or EFTA01396683 is a partnership, grantor trust, or Subchapter S corporation for Unit
ndower Access Secondary Opportunities IV GP LLC 60 East 42nd Street, 26th Floor New York, NY 10165 Ladies and Gentlemen: Reference is made to (i) the Private Placement Memorandum, dated January, 2018 (such Private Placement Memorandum, together with any supplements and appendices thereto delivered to the undersigned being
treatment of the Partnership as an entity subject to corporate income tax. The Investor either: (1) (2) is not a partnership, grantor trust, or Subchapter S corporation for United States federal income tax purposes; or EFTA01397356 is a partnership, grantor trust, or Subchapter S corporation for Unit
Entities connected to both the Private Placement Memorandum and Subchapter S

United States
LOCATIONGlendower Access Secondary Opportunities IV
ORGANIZATIONGlendower
LOCATION
Cayman Islands
LOCATIONthe U.S. Treasury Regulations
ORGANIZATIONCalder
ORGANIZATION
Marla Maples
PERSONGlendower Access Secondary Opportunities IV GP
ORGANIZATION
Samantha Power
PERSON
United Kingdom
LOCATIONInstitutional Capital Network, Inc.
ORGANIZATIONGlendower Capital
ORGANIZATIONiCapital Advisors
ORGANIZATIONDeutsche Bank Securities Inc.
ORGANIZATIONCleary Gottlieb Steen & Hamilton LLP
ORGANIZATION
U.S. Treasury
ORGANIZATIONSmall Business Investment Company
ORGANIZATIONthe State of New York
LOCATIONthe "Investment Company Act
ORGANIZATIONKeogh
ORGANIZATION