EFTA01354833.pdf

Glendower Capital SO( IV, L Legal thridakners for persons In Casaba Thic rratkettng material does not constitute a public offer in the Repirldfic of Columba; it is being distributed under orcurnsuoitec wh:di yo,-A constitute a petsho of ferhig securities wider applicable Colombran securrtres Nees anti regulations. Neither the products. or the Management Company/Issuers hare aria will not be registerer, with the Soperinteriaence of finance of F.olonibia. Potential Colombian investors should rn:Jke their ow;, cep:ion *Miler this frrancral protruct meets their investment retgeutrver am, tisk tolerance level Each potentral Colombian ire:es:tor should inake its own indultles and cOnSolt 4S Oval VC vii0IS i)! IC this financial product are: the Management COMpanyilssuers, inCluOing the Merit arid risks irreolv,41, and as to legal. tax aim feinted matter:: cancer-Sri; an ::vestment in the producas.This riMek fling material is mattered rr: Colombia or prow:eel to Cokerd...ian residents in conerhance with Cerree 2555 of 2010 and other applicable roles anti re.g.olations relater to the promotkun of foreign financial anellor Iteci.ritire: related products or cervIcre: In Colorthra. Accordingly, the radx,utts may only to proiresteri t4 Cokombran ere:Ili:huts In compliance with ceuree 2W' of 2010 are under at cantlane. es which do Mµ constitute a public of of securities 'mem applicable Colombian marketing roan: and genet al securities laws arid regulations For persona In France. This Presentation can only be communicated to Qualified irarestor: wither the meaning of the article 0411.1 a the Monetary finsfinancial ,:cr,..emorrer,oO, et FillOrWani to professNmal clients are) eirgibte counterporties. For persons In Guernsey. This Presentation has rot been approve(' •:r attrikarired by lite Gt.ennii:ity Financial Services C.cnorriss4ps or the States of Guernsey Policy Comroil For Penn In Hatt Ths Pnejenntalit'4i 6 fee general informatiorat may/5es only. ?lathing in this Presentatitai e intended to constitute financial advice. Ho Put& or OniVilini •:ilferlre of the IribeleStS Prong made In Hartland no agreement rekr tog the sale of the Iriteret, will be cOncludec in Hale For persons ki Hong Kay The krfor;nation rnernonocilni in relation to any interest and/or investment referred lobules Presentation has nit been approved by the Securities acv: Futures Conanission of Hong Kong. Accordingly la) any interests or securities may not be offered or cop, and Ivor, not been offerers or sold in Hong Ke-ng, 17 means of any document, other than to IN -Professional insescors" ax clefered :n the Securities and Futoresi:relircarce (Cap. )17.11 of Hens Kong and any rut% node under that 0rdmance: or flit In other circumstanced which co not remit in the (too...neat berm; a - riroweourc" as (refired in the Camp:Inlet: Ordinance (Cap. 622) of Hong Cong or which do rot cent:title an offer to the Dash( within the meaning of that Or;r art (b) no person toe: cued or had In its Ousseavon for the purposes of issue. and will not Issue or have in its possesskv, for tile purpose:: Wsne. whether in Kong Kong or elsewhere. am, advertisement, twitat ion or document relating to any interest or securities, which at:Cifext./xi at. or the contents of which are or are likely to be accesseur or rev": by, the public in H083 gong (except rf permitted to cio %, ',hoer securities laws of Hong Kong) othei than with respect to any interese or Securities which are OF are interv.ied to be di4y0Sed of onki to perterns ootirce Hong long or amt.. to 'prOfeSional inveStOrs' within the deferrtion Of the Secriritiestaric Furores Ordinance (Cap. 5711of Hong Kong airs any rules made ordier that Ordinance Fa persons In brae. This Presentation has not teen approves by the Istre.r)Searilies Authority and will only be distributed to Israeli resicents in a manner that rife not constitute 'an oiler to the public" once' sections 15 are.t.iSa of the tsrael Se cities LA4 517,8-196g fl ier Securities taw') or section 25 of le swis investment Trusts Laver 5754-19dA ('* Joint investment Trusts Law'). as applicable TM imxtucts "resulted in this Presentation (the 'Products') are being offered so a linlited rwitthisr of lin...slims {35 in or fewer during any given 12 month period) and/or those categories of iramstors Pstesi in 11w First Metter:lino ("the Aterendure) to try, iecoritles Uldt, r5QpiliVOCALOTI InwP.Storini nafnen; joint investment furvit. or mutual post funds, proVitent funds. insurance companies, banking corporations (porrltasire,Poscructs for therraelves or for chants ratio am Soplusztoteri Investors', portfolio managers (purctiasing Prus,ucts for the)nselveS Or for chentr who are Sophistiv.ated I:Neste:3), invert/nen! isovisors rte inyestnent marketers (waif's:big Prone:Is for themselves), members of the Ter -Aviv Stock Sschange (pvicrecing Products for thene7‘r.fves or for clients who are fgupliisticatiso investors), underwriters (purstasing Pro-Suraz ice thernselser.), venture cupta) ft.m.s envie-lc mainly in ifve capital market. an entity which rs wrmessawned by Sophisticatet investor.. darer/rations, (other train Marten for the specific perilse of an avAmiSinon porioani ter an crier). with a SharehOlders eluity In eacess of NC. SO million, and imrskicalr. in respect of whom the teens e4 kinnir in: the : chButte to the arrest ment Acvice Law bold true investing for their own account, :n respect Qt wh-kh at least one of the following applies: the total value of their cash, apposes, financial assetz (as refined ini the Investment Arivice Law) ark- securities tracer on a stock es.r.lernge lisereaed under the Sin:untie,: Law (together, 'trout As.d.,fc- i exceeds pas 8 sho rt t hiv n.), il y,37.0./ L thtra.p..,,a,i of ily.oine 0.der of the precei.!ing two years exceeds HIS 1.2 million lappiorinsile* 1200.000), or the level of income of then 'family unit" exceeds HIS 1.8 nallgn i.arsproarrriatekiiKa,,00:3): or the aggregate value of O Veit tior0 Asset; exceeds tarr 5 arilion lapprcerniatefy Er110.000) ar4 their Nve! of income Veer es`r of the precteing two years exceeds NIS 6110,000 (approximately 1100,000), or the level of inosires at their 'family unit' es Ortecet NIS 900.(i(t) (approximately 1150,00)), each as cetined in the salmi Aekerettir0, arrfixie-s, nom time to time. and who in ex!, care have wonted written conFiriflatioir that they yuatiiy31: SophrstaW1 Investors, ant that they are aware of the COrCelluenCeS 01 such resignation are agree thereto; in all casyS under circumstances that will fall within tees priudte oacerrynt C other ereensptru-rs of the Joint investment Trusts Line. the Securities taw and any applicable pcidel!nes, doorrouncements tnlings issuw. Irony time to time by the Israel Securities Authority. This PiesentatiOn may not Pre reprOduden Or t•sed for airy other purpose. nor be hamster:I to area other parson other titan those to whom copies have been sent. Any offeree who purchases a Product is pviritMsng Snell PrOeitiCt fors oven benefit and account and not with the aim or interaSees of orsurbuting or offering such Product to other parti (other than, in the case of an offeree which is a Sophsticater Investor by virtt e of it being a barduing corporation, manager irVinber c4 I.Pas Tel.Avve5tc‘k Enteroge. as defined in the AuCentlom, wheremai:offerer:is purchasing Product for another part:re:11km* a Sophrsticatec investor). Nothing ai this Presentation should be sonricered investment adore or investment marketing as definer in the Regulation of Investment CourrS.filie'''' Investriven:Marketing ant: Portfolio MVnagvnieni Law, 575h..1995. Investors are encouraged to seek con-rt.:lent Investment cot reselling from a Molly Manse, investment coons& ['Svc to snaking the inved:Inernt As a prereoursest to the receipt of a come of tub Presentation a recipient shall be recruited by the fund to pros-ice oonfirrnation that it is a Sophisticated Investor ;ruche:An:Products for its own accorad: or, where applkable, fca. other Sophisticated Investors. This nridentatain does not constitute an offer to sell of SofisitaflOn of an cater to buy any sea.rities (Alt than the merest& in the form offered hereby, nor roes it f.c41.ctio.:te an offer to ::ell to or roik-itat_koi a an offer t4 too/ is OM any person of perpOrir in any state or other liars:Cr:ikon in which such offer Or soldtalkirilwxlil be onlawful, or in which the person making such offer or solicitation is not Qualified to Co so, of to a person or persons to when, it is unlawful to make such offer Or tolicication. fa plata In Japan. The ifilorniatroii in relation to any interest. and/ or irwesirrient rws not been arei will riot be registereu puts:Ant No rerrth.re 4, Paragraph I of the Financial instrument and Exchange Law of Japan (Law no. 25 of 1918 as amerced) (the 'Mtn and accordingly, any interest and/or investment in them may not be allergy; or erectly or irvirreCtIV. In Japan or to, or for the tenet of any faparw.se person or to others for se-oljering Cr reside. sliFecriy or roorrectly, In Japan or to any Japanese person except ureter clicurnelances which will result in etrophance with all applicable laws, regulations ant ittatielillCi prom..Igate0 by the relevant Japanese governmental and n,ltilatOly3titnoritie:: and in erica at the ettivvant tine. For tit pfirf.p.sie, "Japanese t., tilii10" means any port:or:resident in Japan, includir€any COrpOr atiOn or Other entity organized under the laws of Japan. In Japan, rnatelial kSCSInblit40 try Credit Suisse Securities won) t tro,itc ('CSA:), a regotereo clnane.oal Instruments rum (01recw•Gentral of Kanto local rioNlto gateau (icrnshoI No. 66). OIL tt a member of Japan iecurit s Stealers Association, isikile-1:1311iitnrel. AS80d.3tiOn of Japan, Japar: Invetter.?.nr: At'Vt'a'r ksociation and Type II Financial InstMirients Firms Association. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0039431 CONFIDENTIAL SDNY_GM_00185615 EFTA01354833