Cerberus Global NPL Fund, L.P.

Disclaimer This presentation is being furnished to provide preliminary summary information regarding Cerberus Capital Management, L.P. (together with its affiliated management/ general partner entities, operations companies, loan servicing companies and funds and accounts "Cerberus") and a global Non-Performing Loan ("NPL") fund managed by Cerberus (the "Cerberus Global NPL Fund, L.P." or the "Fund"). This presentation and the materials set forth herein may not be reproduced or used for any other purpose. This presentation is confidential and any unauthorized copying, disclosure or distribution of these materials without the express consent of Cerberus is strictly prohibited. The information contained herein is provided for informational purposes only, is not complete, and does not contain certain material information about Cerberus, the Funds and accounts managed by Cerberus (the "Cerberus Funds") or the Fund, including important disclosures and risk factors, and is subject to change without notice. This document is not intended to be, nor should it be construed or used as an offer to sell, or a solicitation of any offer to buy an interest in any entity, which offer may only be made at the time a qualified offeree receives a confidential private offering memorandum describing an offering (a "memorandum"). In the event of any conflict between information contained herein and information contained in a memorandum, the information in the memorandum will control and supersede the information contained herein. The information set forth herein is based upon information reasonably available to Cerberus as of the date of these materials. The delivery of this information shall not, under any circumstances, create any implication that the information contained herein is correct in all respects, including as of any time subsequent to the date hereof, and Cerberus does not undertake any obligation update such information at any time after such date. Further, the information and data presented do not constitute, and is not intended to constitute, "marketing" as defined in the European directive of the alternative investment Fund managers C11/61/EU). Proprietary and Confidential | Not for Further Distribution Cerberus is exempt from the requirement to hold an Australian financial services license under the Corporations Act 2011 (CTH) in respect of financial services. Cerberus is registered with the U.S. Securities and exchange commission under U.S. Law, which differs from Australian laws. Where this document is distributed by Cerberus into the United Kingdom ("UK"), it is intended to be made available only to persons who fall within an exemption specified in the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 ("FPO"), as amended and is exempt from the general restriction in Section 21 of the Financial Services and Markets Act 2000. Exemptions include distribution to investment professionals, high net worth companies, partnerships or unincorporated associations, or other exemption, as defined in the FPO. Where this occurs, this document has not been approved by a Financial Conduct Authority ("FCA") authorized person which, unless these exemptions apply, would be required under Section 21. Where this document is distributed by Cerberus European Capital Advisors, LLP ("CECA"), authorized and regulated by the FCA, or by a Cerberus affiliate on its behalf, or Cerberus is providing the document to a person in the UK not exempt as defined in the FPO, CECA approves the document for distribution to Professional Clients or Eligible Counterparties, as defined by the rules of the FCA. F The representative of Cerberus Global NPL Feeder Fund, L.P. (the "Feeder Fund") in Switzerland is Hugo Fund Services SA, 6 Cours de Rive, 1204 Geneva. Banque Heritage SA, 61 Route de Chêne, CH-1208 Geneva, Switzerland is the Swiss paying agent. The distribution of interests in the Feeder Fund in Switzerland must exclusively be made to qualified investors. The offering documents and annual or semi-annual reports of the Feeder Fund can be obtained free of charge from the representative. The place of performance and jurisdiction for interests in the Feeder Fund distributed in Switzerland are at the registered office of the representative. 2 gard Fecha de inicio de la oferta Financia 23 de Febrero de 2018 (i) La presente oferta se acoge a la Norma de Carácter General N° 336 de la Comisión para el Mercado Financiero de Chile; (ii) La presente oferta versa sobre valores no inscritos en el Registro de Valores o en el Registro de Valores Extranjeros que lleva la Comisión de Valores para el Mercado por lo que los valores sobre los cuales ésta versa, no están sujetos a su fiscalización; (iii) Que por tratarse de valores no inscritos, no existe la obligación por parte del emisor de entregar en Chile información pública respecto de estos valores; y (iv) Estos valores no podrán ser objeto de oferta pública mientras no sean inscritos en el Registro de Valores correspondiente. This presentation contains highly confidential information, which shall not be reproduced or transmitted to any third parties without Cerberus' prior written consent. The presentation shall not be understood as an offer or solicitation to the public to purchase or sell securities in Brazil. Cerberus does not make any representation with respect to the eligibility of any recipient of these materials to acquire the interests in the Partnership under the laws of Brazil. The Partnership has not been registered in Brazil and none of the interests in the Partnership may be offered, sold or delivered, directly or indirectly, in Brazil or to any resident of Brazil except pursuant to the applicable laws and regulations of Brazil. Certain statements contained herein may constitute "forward-looking statements," which can be identified by the use of forward-looking terminology such as "may", "will", "should", "expect", "anticipate", "target", "project", "estimate", "intend", "continue" or "believe" or the negatives thereof or other variations thereon or comparable terminology. Due to various risks and uncertainties, actual events or results or the actual performance may differ materially from those reflected or contemplated in such forward-looking statements. The information herein is not intended to provide, and should not be relied upon for, accounting, legal or tax advice or investment recommendations. cerberus

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