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ents Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Kcy Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP An investor in a
he aggregate Commitments Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Kcy Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP
ents Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP An investor in a
he aggregate Commitments Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP
ents Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP An investor in a
he aggregate Commitments Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP
ents Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP An investor in a
he aggregate Commitments Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP
ents Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP An investor in a
he aggregate Commitments Investor A qualified prospective investor in the Fund IRS The U.S. Internal Revenue Service Key Persons Charles Smith. Carlo Pirzio.Biroh. Adam Graev and Chi Cheung (and their replacements). LIBOR London Interbank Offered Rate. Limited Partner A limited partner of the Fund LP
d Charles Smith have been permanent voting rnembers of the SOP Funds investment comnettees since inception: (ii) Chi Cheung. Francesco Rigamonti and Adam Graev have attended as observers the majority of investment committees of the SOF Funds since inception. they were appointed in December 2011 during the S
rior 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-Efircri and Charles Smith have been permanent voting rnembers of the SOP Funds investment comnettees since inception: (ii) Chi Cheung. Francesco Rig
Entities connected to both Adam Graev and Carlo Pirzio

Prince Charles
PERSONCharles Smith
PERSONChi Cheung
PERSONThe U.S. Internal Revenue Service
ORGANIZATIONThe Limited Partners
ORGANIZATIONThe Organization for Economic Co-operation
ORGANIZATION