GLousi c Important Information (1/2) This conteentiat peisentation (this "Presentation") is being made available tu you (the "Recipient') by Glendower Capital. LLP ("Glendower). which is authorized and regulated by the Uniteo emedern Finereial Conduct Atilhonly, 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 may not have occurred or been entered into at the date that this Presentation e made available but thet Glendower expects will occur or be entered into thereafter This Presentation is net an offer to sell. nor a solicitation cf 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 Ihe offering documents for the Fund. which contain additional information about the investment objective. terms and conddions of an inveslmerti 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 forth in the offering documents and any such statements, if made. may not be ielied upon. The offering documents will be furnished to melded investors on a confidential basis al thew 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 The Information contained in this Presentation will be superseded by, and Is qualified In its entirety by reference to.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 secondary market fo