Statement by General Partner

2017-03-012017-02-232017-03-03Limited Partnerships Act 1907, s. 10Limited Partnerships Act 1907LIMITED PARTNERSHIPS ACT 1907TSO (The Stationery Office), St Crispins, Duke Street, Norwich, NR3 1PD, 01603 622211, customer.services@tso.co.uk272840461863

LIMITED PARTNERSHIPS ACT 1907

Exponent Private Equity Founder Partner III, LP

(Registered No. LP016044)

(the "Partnership")

Registered in England and Wales

Notice is hereby given that, pursuant to section 10 of the Limited Partnerships Act 1907, on 23 February 2017:

(i) part of the interests in the Partnership of Hugh Francis Richards was allocated to each of Christopher Michael Graham, James Richard St. John Lenane, Thomas Sweet-Escott, Oliver Bower, Simon Russell Davidson, Mark Steven Taylor, Tim Easingwood and Craig McKenzie Vickery; and

(ii) part of the interests in the Partnership of each of Christopher Michael Graham, James Richard St. John Lenane, Thomas Sweet-Escott, Oliver Bower, Simon Russell Davidson, Mark Steven Taylor, Tim Easingwood and Craig McKenzie Vickery was allocated to John Moore.

Richard Lenane

Title: Designated Member

for and on behalf of Exponent Private Equity LLP

as manager of the Partnership

1 March 2017