Bank retained 5% vertical slice) (1) As of closing on October 29' 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets; August 12. 2015. (3) As of January 17Th 2018. (4) Source. Morgan Stanley Research. As of December 311, 2017. (5) Calculated as (i)Equity contribu

July 2017. Past performance is not a guarantee of future results. 3 Source: 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets." August 1Z 2015. 4 The target return of the Preferred Shares is net of the Issuer's Advisory Fees. expenses. performance fees. portfolio company

Bank retained 5% vertical slice) (1) As of closing on October 29' 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets; August 12. 2015. (3) As of January 17Th 2018. (4) Source. Morgan Stanley Research. As of December 311, 2017. (5) Calculated as (i)Equity contribu

'Infrastructure Defauft and Recovery Rates 1983-2016% Moody's. July 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets.' August 12, 2015. No assurance can be made investment objectives will be achieved. There is no guarantee against a complete loss of invested assets

July 2017. Past performance is not a guarantee of future results. 3 Source: 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets." August 1Z 2015. 4 The target return of the Preferred Shares is net of the Issuer's Advisory Fees. expenses. performance fees. portfolio company

Bank retained 5% vertical slice) (1) As of closing on October 29' 2017. (2) 'Moody's Approach to Rating Collateralized Debt Obligations Backed by Project Finance and Infrastructure Assets; August 12. 2015. (3) As of January 17Th 2018. (4) Source. Morgan Stanley Research. As of December 311, 2017. (5) Calculated as (i)Equity contribu