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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
OF Funds' carried interest, manatornent fees and other expenses. Total Value to Paid-in Capital rTVPI"): TVPI =DPI 4- RVPI Gross multiple represents Tolal Value divided by Funded Capital. Net fund data (net TVPI, etc.) net performance data reflects amounts net of the SOF Funds' carried interest. management fe
based. Accordingly. the actual realized 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 Glendower's views regarding the returns on investments that such funds ma
F Funds' carried interest. manadernent fees and other expenses. Total Value to Paid-in Capital ('TVPI"): TVPI =DPI 4- RVPI Gross multiple represents Tolal Value divided by Funded Capital. Net fund data met TVPI, etc.) net performance data reflects amounts net of the SOF Funds' carried interest. management fee
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
OF Funds' carried interest, manatornent fees and other expenses. Total Value to Paid-in Capital rTVPI"): TVPI =DPI 4- RVPI Gross multiple represents Tolal Value divided by Funded Capital. Net fund data (net TVPI, etc.) net performance data reflects amounts net of the SOF Funds' carried interest. management fe
based. Accordingly. the actual realized 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 regarding the returns on investments that such funds may
OF Funds' tarred interest. management fees and other expenses. Total Value to Paid-in Capital (l -VPI"): TVPI =DPI 4- RVPI Gross multiple represents Tolal Value divided by Funded Capital. Net fund data met TVPI, etc.) net performance data reflects amounts net of the SOF Funds' carried Interest. management fee
Entities connected to both Target and Tolal Value

Deutsche Bank
ORGANIZATION
Prince Charles
PERSONGlendower
LOCATIONFrancesco Rigamonti
PERSONAdam Graev
PERSONCharles Smith
PERSONthe Glendower SOF Team's
ORGANIZATIONDeutsche Bare
ORGANIZATIONCONFDENTAL
ORGANIZATIONCarlo Pirzio-Birce
PERSON