GLDUS238 SOUTHERN FINANCIAL LLC Glendower Capital Secondary Opportunities Fund IV. LP Appendix 2 Privacy Notice (A) NOTICE TO INVESTORS THAT ARE NOT NATURAL PERSONS Each prospective investor in the Fund that is not a natural person (e.g.. a body corporate or a partnership) should provide the notice below - (8) Notice to Investors that are Natural Persons - to each individual that will be required to provide personal data in connection with such prospective investor's investment in the Fund. For example, ultimate beneficial owners. officers or other authorized signatories. For the avoidance of doubt, Glendower Capital. LLP assuming responsibility as the "data controller on behalf of the Fund, does not relieve any prospective investor that is a non-natural person from its duties and obligations in respect of personal data provided. (B) NOTICE TO INVESTORS THAT ARE NATURAL PERSONS This notice is being provided to explain how any personal data that is provided in connection an investment in the Fund by a natural person will be treated. Glendower Capital. LLP (the 'Data Controller') will be the 'data controller' for any personal information provided to the Manager, the General Partner or their respective Affiliates or service providers in connection with an investment in the Fund. Contact details for the Data Controller are at the end of this Privacy Notice. The personal data which will be processed by the Data Controter may include name, home address, email address, phone number, proof of ID (such as passport and driving licence details), tax identifier, information on your investment history and experience and details of your bank account. Access to your personal data is required in connection with an investment in the Fund for a number of reasons, including, but not limited to, (i) in connection with applicable know your client,' anti-money laundering laws and regulations and other applicable laws and regulations, (ii) in order for the Manager,