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FIDENTIAL ISSUE # CONFIDENTIAL OFFERING MEMORANDUM [DATE] 2011 BHV OPPORTUNITES FUND SCA, SICAV-FIS Societe d'investissement a capital variable — fonds d'investissement spicialist NO APPLICATION FOR THE ADMISSION OF BHV OPPORTUNITIES FUND SCA, SICAV-FIS (THE "COMPANY") TO THE OFFICIAL LIST OF SPECIALISED INVESTMENT
he General Partner • [Title],[Name],[City of residence] • [Title],[Name],[City of residence] • [Title], (Name], (City of residence] Custodian Banque Havilland SA 35a. avenue J. F. Kennedy L-1855 Luxembourg Grand Duchy of Luxembourg Administrator and Domiciliary kucm [Name] [Address] Grand Duchy of Luxem
NG MEMORANDUM [DATE' 2011 RANQUE-14A-VILLAND-OPPORTIJNITIESBHV OPPORTUNITES FUND 4-SCA, SICAV-FIS Societe d'investissement eo kcapital variable — fonds d'investissement specialise NO APPLICATION FOR THE ADMISSION OF BANQUEs-1441144,1-ANDBHV OPPORTUNITIES FUND -I,SC4 'I 'w-ris (THE "COMPANY") TO THE OFFICIAL LIST
nagers of the General Partner • [ J. [vame], [City of residence] • [ mid, [City of residence] • [ J. [ Vame],[City of residence] Custodian Banque Havilland SA 35a, avenue J. F. Kennedy L-1855 Luxembourg Grand Duchy of Luxembourg Administrator and Domiciliary Agent [Li, Grand Duchy of Luxembourg Audit
BHV Opportunites Fund SCA, SICAV-FIS Societe d'investissement a capital variable — fonds d'investissement specialise organisie sous la forme dune societe en commandite par actions Silge social: [address] CONSTITUTION DE SOCIETE DU [DATE] 2011 N° In
cial des Societes el Associations': here represented by Maine [•], lawyer, residing in Luxembourg, by virtue of a proxy given by private seal; 2. [Banque Havilland SA], a public limited liability company (societe anon me) with registered office at [addre,, land incorporated under the laws of the Grand Duchy of Lux
Entities connected to both fonds d'investissement and Banque Havilland SA
Grand Duchy
LOCATIONthe Grand Duchy of Luxembourg
ORGANIZATIONCompartment on that Valuation Date
ORGANIZATIONCompartments
PERSONthe Management Share
ORGANIZATIONthe British Venture Capital Association
ORGANIZATION
John F. Kennedy
PERSONregister a Transfer
ORGANIZATION
Luxembourg
LOCATION
Uzbekistan
LOCATION
Kyrgyzstan
LOCATIONthe Carried Interest
ORGANIZATIONthe Portfolio Companies
ORGANIZATIONPortfolio Companies
ORGANIZATIONOrdinary Shares
ORGANIZATIONValuer
PERSONAuditor
LOCATIONBusiness Day
ORGANIZATIONthe Indemnified Persons
ORGANIZATIONthe Commonwealth of Independent States
ORGANIZATION