EFTA01355301

GL DUS1 27 Annandale Capital SOF II — Portfolio construction Gross invested capital breakdown Overview Vintage Fund size Gross invested capital 2011 US$614m 668m Performance as of September 30. 2017 Capital called 509m Distributions. net 592m 1 16x Remaining NAV 187m 0 37x Total net return US$779m 153x 20% Asset geography North Arnenca 40% Europe Asia 56% Pacific 1% RoW 3% Investment strategy 4% 4% Vintage year 5% 6% 20% 12% 54% • Large Buyout • Mid-Market Buyout Growth Equity Real Estate Other 19% • Pre 2035 • 2005 - 2006 2007 - 2008 2009 - 2011 2012 - 2013 38% 2014 - 2915 Sector composition 21% As at September ?O. 2017. Past perfortim-soe is not a guarantee of indicator et tugs results . and time can be no assutanca that the fund will achieve comptaable tesults This. page should be reviewed in conjunction with the important Infonnation" and 'Notes to Investment Performance' sections of this Presentation. Industrials Consumer alli .• 13% 11% Business Services Technology Inli Healthcare Ell Financial Services 1:1 Natural Resources MI Real Estate Glendower Capital STRICTLY CONFIDENTIAL I 3k Communications & Media 5% Other CONFIDENTIAL - PURSUANT TO FED. R CRIM. P. 6(e) DB-SDNY-0040364 CONFIDENTIAL SDNY_GM_00186548 EFTA01355301