Statement by General Partner

Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 19072016-12-132017-01-20TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk269137127822

LIMITED PARTNERSHIPS ACT 1907

AXA Secondary fund v l.p.

REGISTERED IN SCOTLAND NUMBER SL008450

Notice is hereby given, pursuant to Section 10 of the Limited Partnerships Act 1907, that, with effect from 13 December 2016, Hexavest Holding Sàrl has transferred its entire interest in AXA Secondary Fund V L.P., a limited partnership registered in Scotland with number SL008450 (the “Partnership”) to International SIF SICAV SA. Consequently Hexavest Holding Sàrl has ceased to be a limited partner of the Partnership and International SIF SICAV SA has been admitted as a limited partner of the Partnership.