EFTA Document EFTA01451820

SOF III - 1081 Southern Financial LLC SOF III - ILPA 2 scorecard1 SOF III Key ILPA 2 Principles Alignment of interest  • Best practice all-contribution-plus-preferred-return-back-first model  • Limited Partner ("LP") favorable clawback provision  • 100% transaction & monitoring fees offset General Partner share  • Sponsor equity interest in the Fund (subject to DE compliance with the US Asset Management Exemption (Volcker Rule), DB intends to commit the lower of 2.9% or US$29m to