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resentation in respect of the SOF Funds covers the period time from inception of the SOF Funds to date. including the time prior to the formation of Glendower. when the team were employees of Deutsche Bank In evaluating the track record. each Redeem should note that (i) Carlo Pirzio-Birce and Charles Smith
that will be borne by investors, which will reduce returns and, in the aggregate, are expected to be substantial. Glendower Capita{ SIR OILY CONFDENTAL 60 CONFIDENTIAL - PURSUANT TO FED. R. CRI M. P. 6(e) DB-SDNY-0082836 CONFIDENTIAL SDNY_GM_00229020 EFTA01383173
d all projections, forecasts or statements relating to eepectations regarding future events or the possible future performance of the Fund represent Glendower's own assessment and interpretation of information available to it as at the date of this Presentation. No representation is made or assurance given
investment in the Fund Investors in the Fund must be prepared to bear such risks for an indefinite period of time Glendov Capital S'I'R Om), CONFDENTAL CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0040801 CONFIDENTIAL SDNY_GM_00186985 EFTA01355586
resentation in respect of the SOF Funds covers the period time from inception of the SOF Funds to date. including the time prior to the formation of Glendower. when the team were employees of Deutsche Bank in evaluating the track record. each Recipient should note that 0) Carlo Pirzio-Efirch and Charles Sm
s that will be borne by investors, which will reduce returns and, in the aggregate, are expected to be substantal. Glendower Capital SIR OILY CONFDENTAL 60 CONFIDENTIAL - PURSUANT TO FED. R. CRI M. P. 6(e) DB-SDNY-0096526 CONFIDENTIAL SDNY_GM_00242710 EFTA01391565
resentation in respect of the SOF Funds covers the period time from inception of the SOF Funds to date. including the time prior to the formation of Glendower. when the team were employees of Deutsche Bank In evaluating the track record. each Redeem should note that 0) Carlo Pirzio-Bircai and Charles Smith
s that will be borne by investors, which will reduce returns and, in the aggregate, are expected to be substantal. Glendower Capita{ SIR OILY CONFDENTAL 60 CONFIDENTIAL - PURSUANT TO FED. R. CRI M. P. 6(e) DB-SDNY-0097853 CONFIDENTIAL SDNY_GM_00244037 EFTA01392604
Entities connected to both Glendower and CONFDENTAL

Prince Charles
PERSON
Deutsche Bank
ORGANIZATIONCharles Smith
PERSONAdam Graev
PERSONFrancesco Rigamonti
PERSONthe Glendower SOF Team's
ORGANIZATION
Target
ORGANIZATIONTolal Value
PERSON