* Past performance is not a reliable indicator of future results.

Source: BNP Paribas Wealth Management & CD&R – Q3 2025.

1 - For more information, please refer to footnote b hereunder in "Footnotes". 2 - For more information, please refer to footnote c hereunder in "Footnotes". Past performance is not an indication or guarantee of future results. CD&R data as of Q2'25, includes all full and partial realizations of investments held by CD&R-managed funds. CD&R includes data from Fund IV to XII; excludes Value Building Partners I (“VBP I”) and Fund VII Co-Investment (“Fund VII CIF”). Please refer to CD&R's full track record. 3- Based on CD&R beliefs. See footnote c hereunder in"Footnotes" for more detail. Past performance is not an indication or guarantee of future results. 4- Past performance is not an indication or guarantee of future results. See footnote a hereunder in "Footnotes". 5- CD&R defines a “Partnership” as a transaction where the selling stakeholder, management and/or strategic acquirer alongside CD&R retains a significant ownership stake (at least 25%) in the business. CD&R considers circumstances where the selling stakeholder and/or management retain control of the Board through a Chairperson position a partnership. This definition does not include consortium/club transactions where CD&R's counterparty did not provide a strategic asset.

Footnotes

a) Based on CD&R’s analysis of all fully exited/fully realized equity investments made from the inception of Fund VIII through Fund XII as of 6/30/2025. This figure represents change in EBITDA from initial investment to exit multiplied by the valuation multiple of trailing EBITDA at exit, as a percentage of the change in fully diluted equity value attributed to the applicable CD&R fund(s) over that time-period (with certain adjustments for interim transactions). CDCD&R equity value creation is defined as the change in fully-diluted equity value attributed to CD&R Funds from initial investment to exit, adjusted for interim transactions including primary equity to pay down debt and recapitalizations. The analysis above allocates equity value creation to three primary sources and distributes CD&R equity value creation to these sources in similar ratios: (i) EBITDA Growth: Represents the change in EBITDA from initial investment to exit, multiplied by the exit valuation multiple of trailing EBITDA. This is broken down further between margin expansion and top-line growth Margin Expansion: Represents (Change in EBITDA Margin from acquisition to exit) x (Revenue at exit) x (EV/EBITDA multiple at exit) Top-Line Growth: Represents (Change Revenue from acquisition to exit) x (EBITDA Margin at acquisition) x (EV/EBITDA multiple at exit). (ii) Multiple Expansion: Represents the change in the valuation multiple of trailing EBITDA from initial investment to exit, multiplied by entry EBITDA. (iii) Other: Represents other sources of value creation, primarily cash flow used for debt reduction, currency fluctuations and other transaction-related drivers of value. Note that CD&R has also engaged certain third-party providers to perform similar value attribution analyses focusing on different subsets of investments and using differing metrics from the analysis performed by CD&R.

b) For Fund XII, CD&R participation includes (a) cash commitments to the Fund XII general partner made by the partners and employees of CD&R, (b) incentive capital contributions ("ICCs") made and expected to be made by the limited partners of Fund XII, the profits in respect of which generally will be for the benefit of CD&R investment professionals (with the amount of ICCs contributed by such limited partners reducing management fees by a corresponding amount) and (c) cash commitments to CD&R Advisor Fund XII, L.P. and CD&R Associates XII Co-Invest, L.P. by certain Operating Advisors and Senior Advisors engaged by one or more of the funds managed by CD&R, as well as current and former partners and employees of CD&R.

c) Source: MSCI. Benchmark data and CD&R data as of Q2’25, includes full and partial realizations during the applicable timeframes. CD&R’s last ten-year performance includes CD&R Funds VI — XII and VBP I as of Q2’25; CD&R’s performance comparison against public-market-equivalents is computed through Gredil-Griffiths-Stucke Direct Alpha. CD&R’s cumulative performance is calculated across multiple CD&R funds and is not representative of any particular CD&R fund. The Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. The Russell 2000 index is an index measuring the performance of approximately 2,000 of the smallest U.S. stocks. The MSCI World Index is a widely recognized global stock market index that tracks the performance of large and mid-cap companies across 23 developed countries. The securities comprising these indexes have substantially different characteristics than the investments of the relevant CD&R funds; for example, the portfolios of the CD&R funds are significantly more concentrated than the securities included in the previously mentioned indexes and have different risk/return profiles and liquidity characteristics. The fees and expenses incurred by CD&R’s funds are substantially greater than the fees and expenses of mutual funds that track these public equity indices. Index returns do not take into consideration the impact of fees and expenses, which would reduce returns. You cannot invest directly in an index. Note: Benchmark compensates for fund sizes, which have generally increased over the last 10 years. Large Global and US Buyouts of 2009 vintages and prior include Buyout funds of $2B+, 2010-14 incl. $3B+, 2015-19 incl. $5B+ size and 2020-2024 incl. $10B+; Middle-Market of 2009 and prior include Buyout funds of $0.5-2B, 2010-14 incl. $0.75-3B, 2015-19 incl. $1.5-5B and 2020-24 incl. $2.5-10B; CD&R incl. data from Fund VIII to XII; excl. Value Building Partners I. Please refer to CD&R’s order included in Appendix A on page 48 for full-fund performance for the applicable funds included here.

CD&R – Important Disclosures

Unless otherwise indicated herein, the statements made in this presentation are made as of the date hereof and the performance information contained in this presentation is as of September 30, 2025. The delivery of this presentation at any time shall not create any implication that the information contained herein is correct as of any time subsequent to such date or that the information reflects changes in the value of CD&R’s funds’ investments or in the marketplace more broadly since that date.

Certain of the information in this presentation is confidential and has not been publicly released. Persons accepting delivery of this presentation agree not to disclose such information to any other person. Applicable securities laws prohibit you and any other recipient of such information from purchasing or selling securities of the company to which such information relates or providing such information to any person who effects such purchases or sales. This presentation is not and may not be relied on in any manner as legal, tax or investment advice or as an offer to sell or a solicitation of an offer to buy any securities or to purchase an interest in any CD&R-managed vehicle. Any offer or solicitation to purchase an interest in any CD&R-managed vehicle is made only through a private offering pursuant to the confidential private placement memorandum and subscription documents of the relevant vehicle. This is a marketing document which is provided for discussion purposes only and does not constitute an offer or an invitation to subscribe for a direct interest in any fund or other investment vehicle managed by Clayton, Dubilier & Rice, LLC. The information presented herein should not be relied upon because it is incomplete and may be subject to change. Subscriptions for a direct interest in any CD&R-managed vehicle will only be made and accepted on the basis of the final partnership agreement of the Fund (the “Partnership Agreement”) and the accompanying final subscription agreement (the “Subscription Agreement”). The Partnership Agreement as well as the Subscription Agreement will be made available to prospective investors at the discretion of the general partner of the Fund as well as at the discretion of the Alternative Investment Fund Managers (“AIFM”), a European Union (EU) regulation that applies to alternative investments, and only after all relevant requirements for marketing of the interests in the Fund have been met.

The Fund’s success could be affected by economic and other conditions. Please consult “certain regulatory, investment and tax matters” in the Fund’s confidential private placement memorandum for a more fulsome discussion of the risks associated with investing in the Fund. In considering the prior performance information contained herein, investors should bear in mind that past performance is not necessarily indicative of future results and there can be no assurance that any Fund will achieve comparable results or will be able to avoid losses. Nothing contained in this presentation may be relied upon as a guarantee, promise, assurance or a representation as to the future.
For additional information, please refer to the full track record of CD&R, which is available in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum, as well as the “Footnotes Track Record” at the end of the track record for important details regarding the performance information presented herein. This presentation contains information that has been or may have been provided by a number of sources and has not been independently verified. Nothing contained herein shall constitute any representation or warranty and no responsibility or liability is accepted by CD&R as to the accuracy or completeness of any information supplied herein. In addition, portfolio company and industry information is sourced from the portfolio companies described herein unless otherwise noted. The returns to investors whose functional currency is not U.S. dollars may be increased or decreased as a result of exchange rate fluctuations between their functional currency and the U.S. dollar. Returns are subject to taxation which depends on the personal situation of each investor and which may change in the future. Certain information contained in this presentation constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “forecast,” “outlook,” “intend,” “continue” or “believe,” or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results may differ materially from the events, results or performance contemplated by such forward-looking statements.

If you are requested or required by law (for example, pursuant to a Freedom of Information Act request) to disclose any of the information contained in this presentation, please contact your BNP Paribas Wealth Management’s representative as soon as possible after you receive notice of such request or requirement. Notwithstanding anything in this presentation or in any Agreement with CD&R or its Funds to which you are a party, nothing in this presentation or in any such agreement shall prohibit any individual from communicating with any U.S. federal regulatory or law enforcement agency or, to the extent protected under applicable U.S. state or non-U.S. whistleblower protections, communicating with the relevant U.S. state or non-U.S. regulatory or law enforcement agency about potential violations of law without providing prior notice to CD&R or its affiliates, or receiving an award in connection with any such communication.
References may be made in this presentation to the “partners” (including, for example, “financial partners” and “operating partners”) of CD&R. These terms are used because they reflect the way in which the senior professionals of CD&R refer to themselves internally. Technically, however, such individuals are not “partners” of CD&R, which is a limited liability company. They instead are officers, employees, limited partners or members of CD&R and/or its affiliates. In addition, from time to time in this presentation, reference is made to the “Senior Advisors” or “Operating Advisors”. These terms refer to advisors engaged by one or more of the funds managed by CD&R. Advisors are not partners or employees of CD&R.

Nature of the fund’s investments
An investment in the Fund requires a long-term commitment, with no certainty of return of capital. There is likely to be little-to-no near-term cash flow available to investors. Many of the Fund’s investments will be highly illiquid, and there can be no assurance that the Fund will be able to realize such investments in a timely manner. Consequently, dispositions of such investments may require a lengthy time period or may result in distributions in kind to investors. The securities in which the Fund will invest generally will be the most junior in what typically will be a complex capital structure, and thus subject to the greatest risk of loss. Certain of the Fund’s investments are expected to be in businesses with substantial levels of debt. The Fund will generally seek to make investments in leveraged buyouts; leveraged buyouts by their nature require companies to undertake a high ratio of fixed charges to available income.
Leveraged investments are inherently more sensitive to declines in revenues and to increases in expenses.

Performance information
MOI and IRR – Generally: Gross and Net IRRs are calculated based on the capital inflows to, and outflows from, portfolio companies (including deemed distributions and deemed contributions) assuming that the remaining investment has been sold as of September 30, 2025 (the “Reporting Date”) at the public or estimated unrealized value as described in footnote (d) in “Footnotes Track Record” in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum. Gross MOI is calculated by dividing Total Value by Capital Invested. Both Gross IRR and Gross MOI are before fund expenses, management fees and carried interest, if any. Fund-level Net IRR and Net MOI are net of fund expenses (other than blocker taxes and other blocker expenses and borrowing costs and other expenses related to Subscription Line Borrowings (as defined in “Footnotes Track Record” in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum)), management fees and carried interest, if any. Fund-level Net IRRs and Net MOIs are calculated by taking into account amounts with respect to third-party investors only and disregard the general partner’s share of such amounts. Please see footnote (i) in “Footnotes Track Record” in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum for additional details relating to the IRR and MOI for investments financed by the applicable CD&R fund with Other Borrowings (as defined in “Footnotes Track Record” in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum).

Subscription Line Borrowings: Gross and Net IRRs and Gross and Net MOIs for Fund X, Fund XI and Fund XII (including subscription line borrowings) are calculated as described above, with the following exceptions: (i) Gross and Net IRR and Gross and Net MOI are calculated based on capital inflows from the investors and capital outflows to the investors, (ii) Net IRR and Net MOI are net of borrowing costs and other expenses related to borrowings intended to bridge capital calls (“Subscription Line Borrowings”) and (iii) Gross and Net IRR and Gross and Net MOI have been calculated assuming that unrealized investments that are financed with Subscription Line Borrowings are treated as if such investments have been sold as of the Reporting Date at the public or estimated unrealized value as described in footnote (d) in “Footnotes Track Record” in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum above and such proceeds are used to repay any remaining Subscription Line Borrowings relating to such investments.

Please see the Performance Endnotes for additional critical disclosures and details. Note: CD&R’s full track record is available in the CD&R Fund XIII (Luxembourg), SCSp’s Private Placement Memorandum.

January 1, 2026

BNP PARIBAS Wealth Management Disclaimer

This document is communicated by the Wealth Management métier of BNP PARIBAS SA, a French limited liability company with share capital of EUR 2,233,569,514 whose registered office is located at 16 boulevard des Italiens 75009 Paris, France, registered with the Paris Trade and Companies Registry under number 662 042 449 supervised and authorised as a Bank by the European Central Bank ("ECB") and in France by the French “Autorité de Contrôle Prudentiel et de Résolution” (“ACPR”) and regulated by the French “Autorité des Marchés Financiers” (“AMF”) (hereinafter “BNP Paribas”).
CD&R Fund XIII (Luxembourg), SCSp (hereinafter “Master Fund”) is a Luxembourg special limited partnership (“Société en Commandite Spéciale”). Its General Partner is CD&R Associates XIII (Luxembourg) GP, S.à r.l. (hereinafter “Master Fund’s GP”) is a Luxembourg private limited liability company (“Société à Responsabilité Limitée”). The Master Fund will be managed by  Clayton, Dubilier & Rice, LLC and Alter Domus Management Company S.A., a Luxembourg public limited liability company (“société anonyme”), has been appointed by the Master Fund’s GP and authorized by the Luxembourg’s Commission de Surveillance du Secteur Financier (“CSSF”) as an Alternative Investment Manager (hereinafter “Master Fund’s AIFM”).
PrivAccess XV – Atlantic Buyouts XIII is a compartment of PrivAccess XV SICAV RAIF SCA (hereinafter “Feeder Fund”), an investment company with variable capital structured in the form of a Multi-Compartment Reserved Alternative Investment Fund registered as a corporate partnership limited by shares and notified with the Luxembourg CSSF. It is managed by its General Partner: PrivAccess General Partner S.à.r.l. and Global General Partner SA which is an Alternative Investment Fund Manager (AIFM) authorized by the Luxembourg CSSF, appointed to manage the Feeder Fund.
This material is confidential and intended solely for the use of the person to whom it has been delivered and must not be distributed, published or reproduced, in whole or in part nor may it be quoted or referred to in any document without the prior consent of BNP Paribas. This document is provided solely for the purpose of providing general information and shall not constitute an offer, a solicitation or an investment advice, in any state or jurisdiction in which such an offer, solicitation, advice is not authorized or to any person to whom it is unlawful to make such offer, solicitation, or advice. Nor shall it form the basis of or be relied upon in connection with any subscription or commitment. In addition, this document and its content shall not in any way be construed as an advertisement, inducement or recommendation of any kind or form whatsoever. For the purposes herein, “BNP Paribas” means BNP Paribas SA and its respective affiliates and related corporations.
Although the information provided herein may have been obtained from published or unpublished sources considered to be reliable, and while all reasonable care has been taken in the preparation of this document, BNP Paribas does not make any representation or warranty, express or implied, as to its accuracy or completeness and does not accept responsibility for any inaccuracy, error or omission nor any liability for the use of or reliance on this document or any part of the information contained herein. Past performance is not a reliable indicator of future performance.
BNP Paribas is not giving any warranties, guarantee or representation as to the expected or projected success, profitability, return, performance, result, effect, consequence or benefit (either legal, regulatory, tax, financial accounting or otherwise) of any security.
Prior to making any commitment, the investor should take advice from his legal, tax and financial advisors. Subscribers should be in a position to fully understand the features of the subscription and be financially able to bear a loss of their investment and be willing to accept such risk. Save as otherwise expressly agreed in writing, BNP Paribas is not acting as financial adviser of, or in any fiduciary capacity to, the subscriber in any subscription.
Potential investors are informed herein that (i) an investor in the Feeder Fund will not be a limited partner in the Master Fund, and will have no direct interest in the Master Fund or direct voting rights in the Master Fund, and will not be a party to the Master Fund’s Partnership Agreement and, accordingly, will not have any direct right thereunder and, to the fullest extent permitted by law, may not bring a direct action on its own behalf against the Master Fund or the Master Fund’s GP and (ii) none of the Master Fund’s GP, the Master Fund, such other vehicles or their respective affiliates, partners, members, officers, managers, agents advisors or representatives is (A) a sponsor, promoter, manufacturer, general partner, adviser, manager or agent of the Feeder Fund, (B) in any way responsible for overseeing or ensuring compliance with legal or regulatory obligations applicable to the Feeder Fund, the fund manager of the Feeder Fund or BNP Paribas, or (C) in any way responsible to the Feeder Fund, the fund manager of the Feeder Fund, BNP Paribas or the Feeder Fund investors for the content of the Feeder Fund offering documents, constitutional documents or subscription, all as updated or supplemented from time to time.
This document contains only a summary of certain sustainability-related aspects of the Feeder Fund. It is not intended to be complete and will be qualified in its entirety by reference to the Issuing Document, which should be read in its entirety, in particular as regards the  pre-contractual disclosure obligations under the SFDR, including how applicable sustainability risk factors are integrated into the decision-making process and their impact on returns. The descriptions or terms regarding sustainability-related aspects of the Feeder Fund in the Issuing Document shall prevail. See SFDR Sustainability-Related Disclosures (i) in the Issuing Document which has been communicated to you before your potential commitment into the Feeder Fund and which will remain available after your commitment into the Feeder Fund on the page https://services.dataexchange-eu.fiscloudservices.com/LogOn/128060, and (ii) in the SFDR Website Sustainability-related Disclosures and its Summaries which are available before your potential commitment into the Feeder Fund on the pages https://wealthmanagement.bnpparibas/content/dam/no-index-prod/ggp/pa-xv-abxiii/Website-Sustainability-Related-Disclosures-PrivAccess-XV-Atlantic-Buyouts-XIII.pdf and https://wealthmanagement.bnpparibas/content/dam/no-index-prod/ggp/pa-xv-abxiii/Summary-Website-Sustainability-Related-Disclosures-FR-IT-DE-SP-NL.pdf which will remain available after your commitment into the Feeder Fund on the page https://services.dataexchange-eu.fiscloudservices.com/LogOn/128060.

Any document containing additional information concerning the Feeder Fund and in particular the Issuing Document, the annual reports (which are made available to the investors on a regulatory basis after its investment in the Feeder Fund), the subscription document and the Master Fund documentation are available in English upon request from your relationship manager and from PrivAccess General Partner S.à r.l. (contact details below). If you want more information, especially on the structure of the Feeder Fund and the risks associated with an investment in this Feeder Fund, we advise you to read these documents.

PrivAccess General Partner S.à r.l. – 60, avenue J.F. Kennedy,
L-1855 Luxembourg – Grand-Duchy of Luxembourg

The summary of investor rights is available on the public page https://wealthmanagement.bnpparibas/lu/en/global-general-partner/Summary-of-investors-rights.html. An investment in the Feeder Fund should be conditioned upon the previous reading and understanding of its Issuing Document and its Subscription Agreement which are available in English only and – in relation to the offer to non-professional investors in Italy, Germany, Belgium and Luxembourg - its KIDs, which are available in the relevant language; such documents describe the rights and obligations of the investors. Therefore, prospective subscribers should not rely on any other information not contained in such Issuing Document and Subscription Agreement and Key Information Document (KID).
Under no circumstances will the Feeder Fund, PrivAccess General Partner S.à.r.l., Global General Partner SA, BNP Paribas, the Master Fund, the Master Fund’s GP, or the Master Fund’s AIFM pay or reimburse any current or future taxation in the subscribers’ country of origin, residence, domiciliation or wherever subsequent to the subscription, holding, conversion, sale or liquidation of ordinary shares in the Feeder Fund or in the Master Fund. The subscriber will be responsible for such payment or reimbursement. No measures have been nor will be taken in any country or territory for the purposes of allowing a public offering of the investment described in this document, or the holding or distribution of any document relating to this investment. These ordinary shares are not recommended by any federal or state securities commission or any other regulatory authority. Furthermore, the foregoing authorities have not confirmed the accuracy or determined the adequacy of this document. BNP Paribas, PrivAccess General Partner S.à.r.l., Global General Partner SA, the Feeder Fund, the Master Fund, the Master Fund’s GP and the Master Fund’s AIFM entities are separate legal entities and none of them is representing or acting as an agent for the other.
Global General Partner SA and/or PrivAccess General Partner S.a.r.l. may decide at any time to terminate the arrangements made for the marketing of the Feeder Fund. This document is not for distribution to US Persons and US Persons are not eligible to apply to become shareholders in the Feeder Fund. The ordinary shares of the Feeder Fund will be offered and sold only outside the United States to persons who are not US Persons, in reliance on Regulation S.

Disclosable Disqualifying Event: In connection with its foreign exchange business, BNP Paribas S.A. has been the subject of an order of the New-York State Department of Financial Service (NYS DFS) dated as of May 24, 2017. The 2017 NYS DFS order may be found at: https://www.dfs.ny.gov/system/files/documents/2020/03/ea170524_bnp_paribas.pdf The Feeder Fund has been notified, under the relevant provisions of the AIFMD, for marketing in Italy towards professional investors (as defined in Italy pursuant to art. 6, parr. 2-quinquies and 2-sexies, of the Legislative Decree n. 58/1998 as amended – “TUF” - and its implementing measures) and other categories of investors as identified pursuant to art. 14. 2 of the regulation implementing art. 39 of TUF adopted by the Italian Treasury with Decree n. 30 of 5 March 2015, as amended by  Decree n. 19 of 13 January 2022 (and, in particular, pursuant to art. 14.2.b), to non-professional investors who – within the context of the provision of investment advisory services – subscribe for or acquire shares of the Feeder Fund for an initial amount not lower than 100,000 Euros (initial amount not lower than the equivalent of 100,000 Euros in US Dollars for this Feeder Fund)  (always provided that, by effect of such subscription or acquisition, the total amount of their investments in reserved AIFs does not exceed 10% of their financial portfolio; the initial participation amount is not fractionable).
In relation to the offer to non-professional investors in Italy – the Key Information Document (KID) in Italian of the Feeder Fund have been communicated to you before your potential commitment into the Feeder Fund (and in particular through dedicated URLs) and will remain available after your commitment into the Feeder Fund on the page https://services.dataexchange-eu.fiscloudservices.com/LogOn/128060 and the information on “Facilities available to retail investors” (both in English and in Italian) are available  or on the public page https://wealthmanagement.bnpparibas/lu/en/global-general-partner/Information-about-the-facilities-Italy.html In relation to the offer to potential investors in Belgium - the ordinary shares in the Feeder Fund may only be offered in Belgium (i) under the AIFM’s passport to “professional investors” (within the meaning of the AIFM Directive), or (ii) in reliance of the private placement conditions as set forth in article 5, §1 of the Belgian law of 19 April 2014 on alternative collective investment undertakings and their managers (the “Belgian AIFM Law”). By way of private placement, the ordinary shares in the Feeder Fund may only be offered, sold, resold or otherwise transferred, directly or indirectly, in Belgium to “professional clients” and eligible counterparties within the meaning of Directive 2014/65/EU, as well as retail investors who will each invest a minimum amount of at least EUR 100,000 (or the equivalent in another currency) each and per ordinary share class, provided that higher requirements in terms of minimum commitment for the subscription of ordinary shares in the Feeder Fund are provided for in the Feeder Fund’s Issuing Document. This document may not be used in connection with an offer or sale of securities in Belgium unless permitted by law.
This document is made available to you in Belgium on the condition and with your express declaration that (i) you are a “professional investor” within the meaning of the AIFM Directive, or (ii) you are a “professional client” or an eligible counterparty within the meaning of Directive 2014/65/EU, or (iii) you are not a “professional investor” within the meaning of the AIFM Directive or a “professional client” or an eligible counterparty within the meaning of Directive 2014/65/EU and you will invest a minimum amount of EUR 100,000 (or the equivalent in another currency) per ordinary share class, provided that higher requirements in terms of minimum commitment for the subscription of the ordinary shares in the Feeder Fund are provided for in the Feeder Fund’s Issuing Document.
This document is addressed to you and may not be transmitted, nor may any content thereof be transmitted, to any other person. Neither this document nor any part of it constitutes an offer or an invitation to subscribe for ordinary shares in the Feeder Fund.
More globally and in relation to the offer to non-professional investors in Belgium, Germany, Luxembourg and Italy, the Key Information Documents (KID) written in French, Flemish, German, Italian and English have been communicated to you before your potential commitment into the Feeder Fund (and in particular through dedicated URLs) and will remain available after your commitment into the Feeder Fund on the page https://services.dataexchange-eu.fiscloudservices.com/LogOn/128060. The Issuing Document of the Feeder Fund is also available for investors only on the same page https://services.dataexchange-eu.fiscloudservices.com/LogOn/128060.

By accepting this documentation, the subscriber agrees to be bound by the foregoing limitations.

BNP Paribas SA (2026). All rights reserved.