EFTA Document EFTA01394013

GLDUS137 Forrestal Capital LLC SOF IV - Master Fund Key Terms Same key terms as SOF III with an increased team commitment The Fund Target Size Structure Investment Period Term Minimum Commitment Team Commitment General Partner Share Carried Interest Hurdle Rate Clawback Glendower Capital Secondary Opportunities Fund IV, LP USS1.75 billion (US$2.5 billion hard cap) English private fund limited partnership 4 years from final closing 7 years from final closing plus up to 5 one-year extensions (the first three one-year extensions being at the discretion of Glendower and the final two one-year extensions requiring the consent of the SOF IV advisory committee) USS5 million Min of 1% of aggregate commitments 1.25% p.a. of commitments during Investment Period 1.00% p.a. of Invested Capital' for a period of 2 years after the Investment Period, thereafter greater of 90% of previous year and 0.25% 12.5% on a whole fund basis 8% (with 100% catch-up) Yes ≥-ease,€) read the confident-A private plawri.ent men orandten ot tbka Fin) tUte -Meitiorarylum") or the full dkseicAttee of risk factors. conflicts of interest. conykiste terms, aryl regulatory• and taw considerations of *as Fund. For hither diailcssure of fees, such as lees and tN.%enses pad by the Fund. please refer to the Memorandum, the amended and restated limited partnership agreement and the deed of adherence ol i1" doctanents are tri the process of being pc-spary-.1 and will be made available to prospectrw investors upon recNest. 1) Invested Capital is the amount of capital invested in investments and the remaining unhanded obligations reasonably reserved by Glendower for such investments. Glendower Capital STRICTLY CONFIDENTIAL 4 CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0099942 CONFIDENTIAL SDNY_GM_00246126 EFTA01394013