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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
d Person; and (b) at any time require any person whose name is entered in the register of Shareholders or of (Undrawn) Commitments or who seeks to register a Transfer in the register of Shareholders or of (Undrawn) Commitments to deliver to the Company any information, supported by affidavit, which it may consider
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
d Person; and (b) at any time require any person whose name is entered in the register of Shareholders or of (Undrawn) Commitments or who seeks to register a Transfer in the register of Shareholders or of (Undrawn) Commitments to deliver to the Company any information, supported by affidavit, which it may conside
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
ed Person; and (b) at any time require any person, whose name is entered in the register of shareholders or of undrawn commitments or who seeks to register a Transfer in the register of shareholders or of undrasvn commitments, to deliver to the Company any information, supported by affidavit, which the Company ma
Entities connected to both fonds d'investissement and register a Transfer
Compartment on that Valuation Date
ORGANIZATIONthe Management Share
ORGANIZATIONthe British Venture Capital Association
ORGANIZATIONthe Grand Duchy of Luxembourg
ORGANIZATIONCompartments
PERSONGrand Duchy
LOCATIONBanque Havilland SA
ORGANIZATION
John F. Kennedy
PERSON
Armenia
LOCATION
Moldova
LOCATION
Uzbekistan
LOCATION
Kyrgyzstan
LOCATIONthe Carried Interest
ORGANIZATIONthe Portfolio Companies
ORGANIZATIONPortfolio Companies
ORGANIZATIONOrdinary Shares
ORGANIZATIONValuer
PERSONAuditor
LOCATIONBusiness Day
ORGANIZATIONthe Indemnified Persons
ORGANIZATION