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based. Accordingly. the actual realeted returns generated by these unrealized investments may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Targets') presented herein are based on Glendowees views retarding the returns on investments that such funds may
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 have been permanent voting members of the SOP Funds investment comnettees sieee inception: (ii) Chi Cheung. Francesco Rigamonti an
based. Accordingly. the actual realized returns generated by these unrealized investments may differ materially horn the returns indicated herein. Target returns. The targeted returns (the "Targets') presented herein are based on Glendowees views regarding the returns on investments that such funds may
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-Birce and Charles Smith have been permanent voting members of the SOP Funds investment comnettees since inception: (ii) Chi Cheung. Francesco Rigamonti an
based. Accordingly. the actual realeted returns generated by these unrealized investments may differ materially from the returns indicated herein. Target returns. The targeted returns (the "Targets') presented herein are based on Glendowees views retarding the returns on investments that such funds may
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 have been permanent voting members of the SOP Funds investment comnettees sieee inception: (ii) Chi Cheung. Francesco Rigamonti an
Entities connected to both Target and Carlo Pirzio-Birce

Prince Charles
PERSON
Deutsche Bank
ORGANIZATIONGlendower
LOCATIONAdam Graev
PERSONFrancesco Rigamonti
PERSONCharles Smith
PERSONthe Glendower SOF Team's
ORGANIZATIONTolal Value
PERSONDeutsche Bare
ORGANIZATION