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Landmark Equity Partners XVII, L.P. Recommendation Repor

Hamilton Lane Time-Zero IRR: Write-Down Ratio: Write-Off Ratio: 12/13/21 | Proprietary and Confidential Definitions (cont.) Represents the gross IRR calculated as if every investment were initiated on the same date The ratio of capital invested in realized investments that have been sold for a value that is less than 1.0x their original cost basis, divided by the total capital invested in all realized investments The ratio of capital invested in realized investments that have been sold for a value that is less than 0.5x their original cost basis, divided by the total capital invested in all realized investments Executive Summary | General Partner | Investment Strategy | Track Record | Appendices Landmark Equity Partners XVII, L.P. | Page 16

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