Adams Street, a Delaware limited liability company and a registered investment adviser that has affiliated general partners and investment advisers, provides investment advisory services to its clients, which consist of private investment funds, including the funds described herein (collectively, the “Funds,” each individually, a “Fund,” and together with any future private investment fund, “Private Investment Funds”), and separately managed accounts (collectively, the “Separate Accounts,” and each individually, a “Separate Account”). Adams Street is a private markets investment firm that provides primary and secondary partnership, co-investment, direct venture capital and growth equity and private credit investment management capabilities to predominantly institutional investors. Together with its predecessor organizations, Adams Street has been managing direct venture capital and growth equity investments since 1972 and private equity partnerships since 1979. Adams Street is recognized for its continuous commitment to, and deep understanding of, the private equity industry. Adams Street traces its roots to First National Bank of Chicago (“First Chicago”) in 1972. In 1989, Brinson Partners, Inc. was organized and acquired the institutional asset management business from First Chicago. In 1995, Brinson Partners, Inc. and Swiss Bank Corporation (“SBC”) combined their international institutional investment management organizations into a single investment management business. Union Bank of Switzerland and SBC subsequently merged in June 1998 to form UBS AG. Adams Street was formed on January 1, 2001, and was comprised of the members of Brinson Partners’ Private Equity Group. Today, Adams Street is an independent, 100% employee-owned organization with over 250 employees and offices in Austin, Beijing, Boston, Chicago, London, Menlo Park, Munich, New York, Seoul, Singapore, Sydney and Tokyo. Adams Street provides investment advisory services to Funds that were previously advised by Brinson Partners’ Private Equity Group. Adams Street Associates, L.P., a Delaware limited partnership, owns 75% or more of Adams Street. Adams Street Associates, LLC, a Delaware limited liability company, is the general partner of Adams Street Associates, L.P. Where such investments consist of portfolio companies, and solely where contemplated by the terms of the investment, the senior principals or other personnel of Adams Street or its affiliates serve on such

portfolio companies’ respective boards of directors, advisory board or are otherwise able to influence control over management of portfolio companies held by the relevant Direct Fund (as defined below). Adams Street provides investment advisory services to two types of Private Investment Funds: (1) Funds that invest in a variety of private investment funds typically organized as partnerships, and (2) Funds that invest directly in portfolio companies. Although investments directly into portfolio companies are made predominantly with respect to non-public companies, investments in public companies are permitted. As described below, in some cases Adams Street or an affiliate of Adams Street is the general partner of a Fund (in which case, each such entity is subject to the Advisers Act pursuant to Adams Street’s registration in accordance with SEC guidance applicable to related entities that operate as a single advisory business), and in other cases Adams Street provides investment advisory services to a Fund pursuant to an agreement with the Fund’s general partner, which is not an affiliate of Adams Street. With the exception of the Separate Accounts for which Adams Street develops customized mandates, investment advice is provided directly to the Private Investment Funds, subject to the discretion and control of the general partner of the relevant Fund, and not individually to the investors in the Funds. Investors in Private Investment Funds participate in the overall investment program for the applicable fund and are generally not permitted to impose restrictions on investing in certain securities or types of securities; however, certain investors will be excused from particular investments due to legal, regulatory or other applicable constraints; for the avoidance of doubt, such arrangements generally do not and will not create an adviser-client relationship directly between Adams Street and any investor. Adams Street’s advisory services for Private Investment Funds are detailed in and provided in accordance with the applicable private placement memoranda or other offering documents, investment management agreements (where applicable) and limited partnership agreements or other operating agreements (each, a “Partnership Agreement” and, as applicable, together with any relevant private placement memoranda or other offering documents or investment management agreements, the “Governing Documents”) and are further described below under