Investment Opportunity in True North Fund VII

Why invest: First time in 23 years, True North - a top tier PE firm is raising money domestically Attractive tax efficient returns Delivered 23% Gross IRR¹ on realized portfolio & Tracking 20% Gross IRR¹ on our NAV No True North Fund has lost capital till date Relatively tax efficient for investors (through 40% listed exits) Benefit of diversification across Time / Sectors / Investment concentration within the Fund Low re-investment risk Large Opportunity Well backed Fund Manager Confidential Copyrights Reserved © Current Market correction: One of the best PE Vintages Access to large number of companies in private space on track to become Unicorns 。 Deep sectoral experience of True North ACT O Bupa nival policy bazaar Compare Buy Seve Health Insurance 3rd largest SAHI player in India India's largest online platform for insurance and lending products 3rd largest wired broadband service provider in India Anthem G cloudnine BioSciences 7th largest independent CDMO in India India's first maternity specialty hospital chain SHREE DIGVIJAY KAMAL CEMENT CO. LTD One of India's pioneer in manufacturing cement Biocon Syngene Deep relationship with leading global biopharmaceutical co. homefirst One of leading affordable housing finance cos in India True North has strong support from marquee Institutional Investors • Main vehicle for Fund Manager's own monies 1Returns are prior to fees, expenses and GP share of Profits 20 truenorth 0 For ICICI Securities Clients Only

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