The above list includes investments from Sterling’s traditional private equity buyout funds including: Sterling Capital Partners I, II, III, IV, Sterling Venture Partners II, and Sterling Partners – Small Market Growth 2009 (collectively with any continuation funds related to the foregoing, the “Private Equity Funds”). In addition, the above also includes certain investments made since 2005 that are outside of the Private Equity Funds but are actively managed either by Sterling Fund Management, LLC or another affiliate of Sterling Partners (such investments, the “Deal-by-Deal Investments”). A number of the Deal-by-Deal Investments are not regulatory clients of Sterling Partners and, therefore, are not included in Sterling Partners’ regulatory AUM and are not managed in the same manner as portfolio companies of the Private Equity Funds. The company description for each of these investments indicates that it is not a client for regulatory purposes. The above list also excludes investments that represent strategies that are no longer pursued and/or no longer actively managed at this time. The above list is not exhaustive and is subject to change at any time. A complete list of all investments is available upon request.