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e information and reporting that other investors may not receive, and such information may affect an investor's decisions regarding Millennium USA. Exculpation. The Partnership Agreement provides that none of Millennium Management or its affiliates will be liable to any Limited Partner or Millennium USA for
e assigned a value under Millennium's valuation policies and procedures that diverges from their valuation in accordance with GAAP. Investments in Third-Party Investment Funds The Fund has invested and may continue to invest a portion of its assets in investment funds managed by third parties. The Fund generally will have
nformation and reporting that other shareholders may not receive, and such information may affect an investor's decisions regarding Millennium USA. Exculpation. The Partnership Agreement provides that none of Millennium Management or its affiliates will be liable to any Limited Partner or Millennium USA for
be assigned a value under Millennium's valuation policies and procedures that diverges from their valuation in accordance with GAAP. Investments in Third-Party Investment Funds The Fund may invest a portion of its assets in investment funds managed by third parties. The Fund generally will have less ability to (i) monitor
nformation and reporting that other shareholders may not receive, and such information may affect an investor's decisions regarding Millennium USA. Exculpation. The Partnership Agreement provides that none of Millennium Management or its affiliates will be liable to any Limited Partner or Millennium USA for
be assigned a value under Millennium's valuation policies and procedures that diverges from their valuation in accordance with GAAP. Investments in Third-Party Investment Funds The Fund may invest a portion of its assets in investment funds managed by third parties. The Fund generally will have less ability to (i) monitor
Entities connected to both Exculpation and Third-Party Investment Funds

United Kingdom
LOCATION
Mohammed bin Salman
PERSONGovernmental Actions
ORGANIZATIONMillennium USA LP
ORGANIZATIONMillennium International, Ltd.
ORGANIZATION
U.S. Treasury
ORGANIZATION
the Cayman Islands
LOCATIONOptions and Special Allocations
ORGANIZATIONErnst & Young LLP
ORGANIZATIONMunger, Tolles & Olson LLP
ORGANIZATION
England
LOCATIONthe Delaware
ORGANIZATIONthe U.S. Investment Company Act
ORGANIZATIONReliance
ORGANIZATION
Wilbur Ross
PERSONKeogh
ORGANIZATION
the University of Michigan
ORGANIZATIONMillennium USA's
LOCATIONLorne
PERSONCayman
LOCATION