ValueAct Capital Activist Presentation Deck
Additional Disclaimer
Under no circumstances is this document to be used or considered as an offer to sell or a solicitation of an offer to buy any security, including, without
limitation, any interest in any Fund. Nothing within this document promotes, or is intended to promote, and may not be construed as promoting, any
Funds. Any offer to purchase an interest in a Fund would only be made at the time a qualified offeree receives the confidential memorandum of such
fund. The terms of any investment in a Fund shall be governed by the constituent documents for the relevant fund, which expressly do not include
this document.
This document should not be construed as, directly or indirectly, seeking any confidential information. ValueAct Capital disclaims any obligation to
treat the receipt of such information as confidential, unless done so expressly in writing. No agreement, commitment, understanding, or other legal
relationship exists or may be deemed to exist between or among ValueAct Capital and any other person by virtue of furnishing this document.
ValueAct Capital is not acting for or on behalf of, and is not providing any advice or service to, any recipient of this document. Before determining any
course of action, any recipient should consider any associated risks and consult with its own independent advisors as it deems necessary.
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