Disclosures

The opinions in the preceding commentary are as of the date of publication, subject to change based on subsequent developments, and may not reflect the views of the firm. This material is not intended to be relied upon as a forecast, research, or investment advice regarding a particular investment or the markets in general. Nor is it intended to predict or depict performance of any investment. This document is prepared based on information Silver Lake Capital Partners L.L.C. believes reliable; however, Silver Lake Capital Partners L.L.C does not warrant the accuracy and completeness of the information. Consult your financial advisor as to what investment strategy might be best for you.

The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review and investment strategy for his or her own situation before making any investment decisions.

Neither the information nor any opinion expressed herein constitutes an offer or an invitation to make an offer, to buy or sell any securities or other financial instrument or any derivative related to such securities or instruments (e.g., options, futures, warrants, and contracts for differences). This report is not intended to provide personal investment advice and it does not consider the specific investment objectives, financial situation, and the particular needs of any specific person. Investors should seek financial advice regarding the appropriateness of investing in financial instruments and implementing investment strategies discussed or recommended in this report and should understand that statements regarding prospects may not be realized. Any decision to purchase or subscribe for securities in any offering must be based solely on existing public information on such security or the information in the prospectus or other offering document issued in connection with such offering, and not on this report. All opinions, projections and estimates constitute the judgment of the author(s) as of the date of the report and are subject to change without notice. Prices also are subject to change without notice. Silver Lake Capital Partners L.L.C is under no obligation to update this report.

Neither Silver Lake Capital Partners L.L.C or any employee of the firm accepts any liability whatsoever for any direct, indirect, or consequential damages or losses arising from any use of this report or its contents. Examples and historical data contained herein are provided are for illustrative purposes only and not intended to be reflective of results you should expect to obtain. Past performance is no guarantee of future results. Different types of investments involve varying degrees of risk and there can be no assurance that any specific investment will either be suitable or profitable for a client’s investment portfolio. You should not assume that any information presented herein would be appropriate in the future. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income.

Some of the information is provided by Bloomberg; Money Market Fund Assets, Investment Company Institute (ICI) and Eagle Asset Management; while these and other sources cited herein are believed to be reliable and assumed to be correct, readers are cautioned that accuracy cannot be and is not guaranteed.

More information is available by contacting Dave Malleck, Managing Partner, Silver Lake Capital Partners L.L.C. He may be reached via email at dmalleck@silverlakecp.com or by telephone at 972.701.2040.