1. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 The Importance of Permanent Capital Simon Champ CEO Eaglewood Europe LLP 20 th October2015

2. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238

3. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Three Players LENDER Diversification Quality Match / Returns Scale Efficiency MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

4. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Evolution of Borrowing and Lending GLOBAL INVESTMENTS

5. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Three Perspectives LENDER Diversification Quality Match Scale Efficiency MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

6. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238

7. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 1-1 Loans LENDER Diversification Quality Match / Returns Scale Certainty BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

8. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Money Lenders LENDER Diversification Quality Match / Returns Scale Certainty MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

9. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Banks LENDER Diversification Quality Match / Returns Scale Certainty MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

10. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Direct Peer-to-Peer LENDER Diversification Quality Match / Returns Scale Certainty MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

11. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Open-ended P2P Funds LENDER Diversification Quality Match / Returns Scale Certainty MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

12. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Closed P2P Funds (Permanent Capital) LENDER Diversification Quality Match / Returns Scale Efficiency MIDDLE MAN / PLATFORMS Capital Equilibrium Visibility of Growth No Wastage Partners BORROWER Fair Rates Personal Circumstances Understood Speedy Fulfilment Seamless Experience

13. 0, 74, 130 25% 0, 32, 96 0, 112, 192 136, 171, 222 186, 206, 236 Charts Tables Lines 0, 112, 192 Head 219, 230, 245 Head font 40, 80, 140 217, 217, 217 Highlights 217, 217, 217 23, 50, 88 76, 130, 205 81, 107, 134 242, 242, 242 118, 55, 99 141, 152, 164 195, 213, 238 Evolution of Borrowing and Lending