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2 for halter information The performance haves have not been aced and are based on the unaucIticl aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvery the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
's proprietary private equity pordobo Charle9 Smith and Carlo Pirao.Broli were not invoked in Si such transactions and the efforts described in this Merncrandum in respect of the proprietary private &Key restructunng are attributable to the whole Deutsche Bar* learn rather than any individual within it Ther
2 for halter information The performance haves have not been aced and are based on the unaucIticl aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvery the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
's proprietary private equity pordobo Charle9 Smith and Carlo Pirao.Broli were not invoked in Si such transactions and the efforts described in this Merncrandum in respect of the proprietary private &Key restructunng are attributable to the whole Deutsche Bar* learn rather than any individual within it Ther
2 for halter information The performance haves have not been aced and are based on the unaucIticl aggregated performance results of SOF. SOF 0 and SOF H and SOF III. collecOvery the SOF Funds. as of September X. 2017 and should be read and reviewed in conjunction with Appendix 5: Important Performanc
's proprietary private equity pordobo Charle9 Smith and Carlo Pirao.Broli were not invoked in Si such transactions and the efforts described in this Merncrandum in respect of the proprietary private &Key restructunng are attributable to the whole Deutsche Bar* learn rather than any individual within it Ther
t 2 for ruttier informatedi The performance lanes have not been aced and are based on the unatkI*0 aggregated performance results of SOF. SOF 0 and SOF H and SOF collectively the SOF Funds. as of September X. 2017 and should be read and reviewed ri conjunction with Appendix 5: Important Performance i
's proprietary pnvate equity pordobo Charles Smith and Carlo PiraciBroli were not invoked in all such transactions and the efforts described in this Merncrandum in respect or the proprietary pnvate emery restructunng are atributade to the whole Deutsche Bar* learn rather than any inandual within it Tnere ca
2 for fitter information The performance roves have not been reined and are based on the unedited aggregated performance results of SOF. SOF D and SOF H and SOF III. collecOvely the SOF Funds. as cl September X. 2017 and should be read and reviewed ri conjunction with Appendix 5: Important Performanc
ank's proprietary pnvate equity pordobo Charles Smith and Carlo Pirao.Broli were not invoked In Si sum transactions and the efforts described In the Merncrandum in respect of the proprietary private equty restructunng are attributable to the whole Deutsche Bark team rather than any individual wren it There
Entities connected to both SOF H and Merncrandum

Prince Charles
PERSONInternal Rate of Return
ORGANIZATIONthe SOF Program
ORGANIZATIONDeirdre Davies
PERSONJoshua Glaser
PERSONthe SOF Team
ORGANIZATIONCharles Smith
PERSON
Deutsche Bank
ORGANIZATION
Josh Brolin
PERSONGlendower Capital
ORGANIZATIONChi Cheung
PERSON
Larry Summers
PERSONCarlo Pirao
PERSONDeutsche Bath
ORGANIZATIONCarla Pero-Buck Charles Sonnh
PERSONSOF N s
ORGANIZATIONCarlo Pritio
PERSON