AGP LP 519 Alpha Group Capital Paul Barrett ALKEON Capital Management, LLC AIFM Directive Disclosure Supplement Alkeon Growth PW Farmers, L.P. (the "Fund") As of July I" 2016 The iofrimation set wet litho. is bents made arailabk to imrstors pier to instilment pumas! to reloomibilities mainly AlEll Pirraite. In addition. fly AWAI nil/ make available Wales to imrllors as to any matetialehang“ %Int 11n. it._.luiremenr Jnfonnation as of Distribution Date iNtIltit 230M: rlit' MAXIMUM iflui of leverage which the AIFM is entitled to employ on behalf of the Alf-. Note that the leverage limitation provisions of the AIFM I 'metier do not apply to the Fund because the Fund is a "non- ' Ale' and the Investment Manager is a "non-EU AIFM' for purposes of the AIFM Directive. Alkeon Capital Management, 1.I.0 (the AIFM) seeks to maintain leverage levels below Z00% gross (longs + shorts). As of June 1,2016 die Fund's leverage level was approximately 170% Article 23(5)(a): Any changes ti ilw maximum level of leverage (calculated in accordance with die A1FM Directive's gross and commitment methods— whembv the level of leverage shall be calculated as die relevant exposure divided by the net asset value of the All) which the AIFM may employ on behalf of du, All; as well as a description of the nanue of any rights granted by the AIFM for the muse of collateral or the nature of any guarantees granted under the leveraging arrangement. Note that the leverage limitation provisions of die AIFM Directne do not apply to the Fund because the Fund is a "non- El' Ale' and the Investment Manager is a "non-Ell AIFM" for purposes of the AIFM Directive. V. of the date of this document there have been no changes to Ihr maximums level of leverage allowed. A description of the rights granted by the AIFM for the reuse of collateral can he tound in the Ales PPM. Article 23(1)(m) The most recent ml asset value of the ATE or the latest market price of the unit or share of th