values as at June. C2t $ource. Glundower Capital based on 2018 Preqin C4obal Pilate Eat.* & Vegitute Capital Remt Greenhill Se.e..oritiary tslyvket Tftlroli are: ChYti Jorielt Private Ect .ty Analyst Guide 1:: Secondary Itarket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIAL - P

2017 values as at June. (2) $ource. Glendower Capital based on 2U18 Preqin C4obal Private Eqt.Aly & Venture Cap al Ramt Greenhill Secondary te1-vket Tftlroli amacy 2015; arci ChYti Jones P rivate Eci .ty Anatyst Guide Secondary Market. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENTIA

017 values as at June. (2) $ource. Glendower Capital te ased on an Preqin C4obal Pilate Eqt.Aly & Venture Cap al Rapes;:Greenhill Secondary tV1-vket Tftlroli macy 2015; arci ChYti Jorielt P rivate al .ty Anatyst Guide Secondary Market. June 2017. Glendower Capital STRICTLY CONFIDENTIAL 31 CONFID

017 values as at June. (2) $ource. Glendower Capital te ased on awa Preqin C4obal Private Eqt.Aly & Venture Cap al Remt Greenhill Secondary tV1-vket Tftlroli macy 2015; arci ChYti Jorielt P rivate al .ty Anatyst Guide Secondary Market. June 2017. Glendower Capital STRICTLY CONFIDENTIAL 31 CONFID

2017 values as at June. (2) Source. Glendower Capital based on 2818 Preqin Gobal Pilate Eqt.Aly & Venture Capaal Rep t Greenhill Secondary tslyvket Tftlroli 2015; arci ChYti Jorielt Private egtrty Analyst Guide Secondary Itarket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL 31 CONFIDENTIA

. 2017 values as at June. (2) $ource. Glendower Capital based on an Preqin C4obal Private Eqt.Aly & Venture Cap al Remt Greenhill Secondary tV1-vket Tftlroli macy 2015; arci ChYti Jorielt Private tai .ty Anatyst Guide Secondary Itarket. June 2017. Glendower Capital STRICTLY CONFIDENTIAL CONFIDENT