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This presentation does not constitute an offer to sell or the solicitation of an offer to purchase any security. Recipients of this presentation agree that none of LDIII Management LLC (“Lotus Domaine”, the “Firm”) or its affiliates or its or their respective partners, members, employees, officers, directors, agents, or representatives shall have any liability for any misstatement or omission of fact or any opinion expressed herein. Each recipient further agrees that it will (i) not copy, reproduce, or distribute this presentation, in whole or in part, to any person or party including any employee of the recipient other than an employee directly involved in evaluating an investment in a to-be-formed limited partnership that will serve as a collective investment vehicle sponsored and advised by Lotus Domaine or its affiliates (the “Fund” or “Fund III”) without the prior written consent of Lotus Domaine; and (ii) keep permanently confidential all information contained herein that is not already public. Additionally, by accepting this presentation, each prospective investor agrees that this presentation is being delivered to them subject to the provisions of this disclaimer and any confidentiality agreement entered into between Lotus Domaine and each prospective investor.

The information contained herein is preliminary, is provided for discussion purposes only, is only a summary of key information, is not complete, and does not contain certain material information about Fund III, including important conflicts disclosures and risk factors associated with an investment in Fund III, and is subject to change without notice. Any offer, sale or solicitation of interests with respect to Fund III will be made only pursuant to Fund III’s confidential private placement memorandum (the “Memorandum”), limited partnership agreement, and subscription agreement, and will be subject to the terms and conditions contained in such documents in accordance with applicable securities laws. This presentation is qualified in its entirety by reference to Fund III’s Memorandum, including without limitation all of the cautionary statements and risk factors set forth therein, the limited partnership agreement and the subscription agreement related thereto, copies of all of which will be made available in the future to qualified investors upon request and should be read carefully prior to any investment in Fund III.

The information in this presentation is not presented with a view to providing investment advice with respect to any security, or making any claim as to the past, current or future performance thereof, and Lotus Domaine expressly disclaims the use of this presentation for such purposes. Each recipient should consult its own advisers as to legal, business, tax and other related matters concerning an investment in Fund III.

Past performance is not necessarily indicative, or a guarantee, of future results. The historical returns achieved by any prior funds or individual investments are not a prediction of future performance or a guarantee of future results. There can be no assurance that Fund III will achieve comparable results as those presented or that Fund III will be able to implement its investment strategy or achieve its investment objective. Investors in Fund III may lose part or all of their invested capital. Subsequent to January 31, 2020, there have been further developments in the outbreak of COVID-19, which the World Health Organization formally declared in March 2020 to constitute a global “pandemic.” This outbreak has caused a world-wide public health emergency, significantly constrained global economic production and activity of all kinds, and contributed to both volatility and a severe decline in all financial markets. As a result, economic and market conditions have significantly deteriorated since January 31, 2020. The investment performance presented herein does not take into account these subsequent events, the effects of which Lotus expects will be adverse to the aggregate investment performance of the Fund and to certain or all of the individual investments described herein.

“Gross IRR” means the gross compound annual rate of return of an investment or all of a fund’s investments (as applicable) based on realized and unrealized proceeds using monthly cash flows and incorporates valuing the remaining debt positions at accreted cost and valuing the remaining equity positions based on EBITDA multiples at the date of investment. Gross IRR is calculated before the deduction of management fees, partnership expenses, carried interest and other expenses borne by investors. “Gross MOIC” means a multiple of invested capital. Unless otherwise indicated, all IRRs and MOICs are presented on a “gross” basis (i.e., they do not reflect management or other fees, “carried interest,” taxes, transaction costs and other expenses to be borne by investors in the applicable funds, which will reduce returns and, in the aggregate, are expected to be substantial; for a description of such fees, “carried interest,” taxes, transaction costs and other expenses, see the confidential private placement memorandum of the applicable fund). “Net IRR” means the aggregate, annual, compound, internal rate of return on investments, calculated after payment of applicable management fees, partnership expenses, carried interest and other applicable expenses. “Net MOIC” means a multiple of invested capital calculated after payment of applicable management fees, partnership expenses, carried interest and other applicable expenses. An individual limited partner’s Net IRR or Net MOIC may vary based on the timing of capital contributions and distributions.

“Realized Value” means the cash proceeds from dividends, interest, fees, principal repayments and equity realizations. “Unrealized Value” refers to the “fair value” of an investment that has not been “realized” in accordance with Lotus Domaine’s valuation policy as applied in Fund II’s financial statements. The “fair value” of an investment is an estimate of the price that would be received upon the sale of an investment in an orderly transaction between two parties at the measurement date under current market conditions. Such value estimates are based on internal analyses by Lotus generally based on financial information provided by the management of the underlying portfolio company (e.g. EBITDA and net funded debt) and calculated as of the date indicated, unless otherwise noted.