GLDUS124 BBR Partners Important Information for Recipients in Certain Jurisdictions (1/6) For Residents of the European Economic Area. For the purposes of the EU Alternative Investment Fund Managers Directive (the -AIR4D"). the Fund will constitute an EU AiF (as defined in the AlickiDi whose AIF M (as defined in the AlFMD) is the Manager. tse€f an EU AlFki Except as provided belowin iespect of the specific mentor states listed, this Presentation and any other doieueeants or mater a< r e.ted to the offer or sale, or invitation for subscription or purchase. of the interests in the Fund, shall only be distributed to prospective investors domiciled or with their registered offices in a member state of the European Economic Area that are 'professional investors'. For these purposes. a 'professional investor' is a person who is considered to be a professional pint or who may, on request• be treated as a professional client within the meaning of Anne II to Directive 2004r39tEC. AIF MD Notice. In relation to each member state of the EEA (each a 'Member State') which has implemented the Alternative Invert rant Fund Managers Directive (Directive (2011;61/EU)) (the lAIERICoj (and for which transitional arrangements are not/ no longer availabiek this Presentation may only be distnbtrled and interests in the Fund may only he offered or placed In a Member State to the e ent that: (I) the Fund is perrnitt61 to be marketed to professional investors in the relevant Member State in reeiordwice with AIFMD ifts implemented into the local saw/regulation of the relevant. Member State); or (2) this presentation may otherwise he lawfully distributed and the interests in the Fund may otherwise be awlirlly offered or placers in that Member Slate (including at the initiative of the investor). In relation to each Member State of the EEA which, at the date of this presentation. has not implemented AIFMD. this presentation may only be distributed arid interests in the Fund may only