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ompliant valuation policy - General Partner share and carried interest disclosure - Detailed due diligence provided LP M limited partner; ILPA = Institutional Limited Partner Asitaration The full guidelines ran be (;arid at http/rilpa.orgiprincples•vercic -• Glendower Capital STRICTLY CONFIDENTIAL CONFIDENT

ompliant valuation policy - General Partner share and carried interest disclosure - Detailed due diligence provided LP M limited partner; ILPA = Institutional Limited Partner Aviv:it:titian The full guidelines can be lciurEl rat htlpftilps orgiprinciplesatersic-• Glendower Capital STRICTLY CONFIDENTIAL CONF