Company: CWAN
Filing Date: 2025-03-06
Form Type: S-4/A
Source: 0001193125-25-048570
Chunk: 157

Company: Clearwater Analytics Holdings, Inc.
Filing Date: 2025-03-06
Form: S-4/A
Chunk 157
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 2024; as financial advisor to Warburg Pincus Real Estate (Asia), an affiliate of Warburg, in connection with its minority stake sale of Good Host Spaces in November 2023; as
financial advisor to Kestra Financial, Inc., a portfolio company of Warburg, in connection with its sale of Grove Point Financial in September 2023; as financial advisor to Warburg in connection with its acquisition of TIAA FSB (Everbank) in August
2023; and as financial advisor to Summit Medical Group, a portfolio company of Warburg, in connection with its sale to VillageMD in January 2023. During the two-year period ended January 10, 2025, Goldman
Sachs has recognized compensation for financial advisory and/or underwriting services provided by Goldman Sachs Investment Banking to Warburg and/or its affiliates and portfolio companies of approximately $34.7 million. Goldman Sachs has also
provided certain financial advisory and/or underwriting services to WCAS and/or its affiliates and portfolio companies from time to time for which Goldman Sachs Investment Banking has received, and may receive, compensation, including having acted
as bookrunner in connection with bank loans to Asurion, LLC, a portfolio company of WCAS, in October 2024, July 2023 and February 2023; and as financial advisor to Avetta, LLC, a portfolio company of WCAS, in connection with its sale to EQT Private
Equity in July 2024. During the two-year period ended January 10, 2025, Goldman Sachs has recognized compensation for financial advisory and/or underwriting services provided by Goldman Sachs Investment
Banking to WCAS and/or its affiliates and portfolio companies of approximately $33.8 million. Goldman Sachs may also in the future provide financial advisory and/or underwriting services to Enfusion, Clearwater, FTV, ICONIQ, Permira, Warburg and

97

WCAS and their respective affiliates and, as applicable, portfolio companies, for which Goldman Sachs Investment Banking may receive compensation. As of February 10, 2025, affiliates of Goldman Sachs & Co. LLC are currently co-investedwith ICONIQ, Permira, Warburg and/or their respective affiliates and are currently invested in limited partnership units of affiliates of Permira, Warburg and WCAS and may in the future co-investwith, and invest in limited partnership units of, FTV, ICONIQ, Permira, Warburg, WCAS and/or their respective