ributed (OFF) 1.tx 2.1x 1.2* 0.3x Ole NetIRR 22% 29% 20% 30% 23% Peak net cent/We/I °dotal 26% 51% 42% 44% For dem^ en purposes only Source Glendower Capital based on Proem benchmark data for the median 1VPI and Net RR achovod by buyout funds kr vintages et 1997 to 2017 Average buyout TVPI = 159x Average

tributed (OFF) 1.tx 2.1x 1.2* Lk Ole NetIRR 22% a% 20% 30% 23% Peak net cent054e0 °dotal 26% 51% 42% 44% For dirouteen purposes only Source Glendower Capital based on Precm benchmark data fa the median 1VPI and Net RR acheved by buyout funds fix moves of 1997 to 2017 Average buyout TVPI = 159x Average Net