GLDUS124 BBR Partners Important Information (1/2) This confidentiat phreentation (this "Presentation") is being made available te you (the "Recipient') by Glendower Capital. LLP ("Glendower). which is authorized and regulated by the Uniteo rehedem Finereial Conduct Authority, tor the purpose of providing certain summary information about certain existing and future funds and accounts that are managed or advised by Glendower, ineluding in connection with your evaluation of a potential investment in the fund be to known as Glendower Capital Secondary Opportunities Fund IV. LP (the 'Fund') This Presentation may refer to certain events as having occurred and documents as having been entered into which my not have occurred or been entered into at the date that this Presentation is made available but that Glendower expects will occur or be entered into thereafter This Presentation is not an offer to sell. nor a solicitation of an offer to buy, any security, and may not be used or retied upon in connection with any offer or solicitation. A private offering of interests in the Fund will be made only pursuant la the offering documents for the Fund. which contain additional information about the investment objective. terms and conditions of an investnieril in the Fund and also contain tax information and risk disclosures that are important to any investment decision regarding the Fund. No person has been authorized to make any statement concerning the Fund other than as set fort in the offering documents and any such statements, if made. may not be ielied upon. The offering documents will be furnished to misfiled investors on a confidential basis al their request. The Information contained in this Presentation will be superseded by, and Is qualified In its entirety by reference to. such offering documents. An investment in the Fund will involve significant risks, including loss of the entire investment. The interests in the Fund will be illiquid. as there is no sec