# EDGAR Filing Document

**Accession Number:** 0000880631
**File Stem:** 0001214659-26-003292
**Filing Date:** 2026-3
**Character Count:** 244124
**Document Hash:** 3a10a5c67bd7e55161fce91a4308a97f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001214659-26-003292.hdr.sgml**: 20260316

**ACCESSION NUMBER**: 0001214659-26-003292

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20260313

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Regulation FD Disclosure

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260316

**DATE AS OF CHANGE**: 20260316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WisdomTree, Inc.
- **CENTRAL INDEX KEY:** 0000880631
- **STANDARD INDUSTRIAL CLASSIFICATION:** SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 133487784
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-10932
- **FILM NUMBER:** 26754509

**BUSINESS ADDRESS:**
- **STREET 1:** 250 WEST 34TH STREET
- **STREET 2:** 3RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10119
- **BUSINESS PHONE:** 212-801-2080

**MAIL ADDRESS:**
- **STREET 1:** 250 WEST 34TH STREET
- **STREET 2:** 3RD FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10119

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WisdomTree Investments, Inc.
- **DATE OF NAME CHANGE:** 20090401

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** INDEX DEVELOPMENT PARTNERS INC
- **DATE OF NAME CHANGE:** 20020812

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FINANCIAL DATA SYSTEMS
- **DATE OF NAME CHANGE:** 19951120

?xml version='1.0' encoding='ASCII'?

**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**________________** 

**Form 8-K** **________________**

**CURRENT REPORT** 

**Pursuant to Section 13 or 15(d)** 

**of the Securities Exchange Act of 1934** 

**Date of Report (Date of earliest event reported): March 13, 2026 __________________**

**WisdomTree, Inc.** 

**(Exact name of registrant as specified in its charter)**

_____________________

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-10932** | **13-3487784** |
| **(State or other jurisdiction**<br> **of incorporation)** | **Commission**<br> **File Number:** | **(IRS Employer**<br> **Identification No.)** |

---

**250 West 34<sup>th</sup> Street**

**3<sup>rd</sup> Floor**

**New York, NY 10119** 

**(Address of principal executive offices, including zip code)** 

**(212) 801-2080** 

**(Registrant's telephone number, including area code)** 

**(Former name or former address, if changed since last report)** _______________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

◻ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

◻ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

◻ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

◻ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Exchange Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading**<br> **Symbol(s)** | **Name of each exchange**<br> **on which registered** |
| **Common Stock, $0.01 par value** | **WT** | **The New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ◻

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ◻

---

| | |
|:---|:---|
| **Item 1.01.** | **Entry Into a Material Definitive Agreement.** |

---

***Equity Purchase Agreement***

On March 13, 2026, WisdomTree, Inc. (the "Company" or the "Buyer's Guarantor") and WisdomTree International Holdings Ltd (the "Buyer"), a wholly-owned subsidiary of the Company, entered into a Sale and Purchase Agreement (the "Purchase Agreement") with Atlantic House Holdings Limited, a private limited company incorporated in England and Wales ("Atlantic House"), the shareholders of Atlantic House (together, the "Sellers"), the EBT Trustee and the Individual Guarantor (each as defined in the Purchase Agreement), pursuant to which the Buyer agreed to acquire from the Sellers all of the issued and outstanding share capital of Atlantic House (the "Acquisition"), subject to the terms and conditions set forth therein.

Pursuant to the Purchase Agreement, the Buyer has agreed to acquire Atlantic House for £150.0 million (approximately $200.0 million) in cash payable at the closing of the Acquisition (the "Closing"), plus additional consideration in respect of certain working capital loans (part of which is payable at Closing and part of which is deferred), and in each case subject to customary post-closing adjustments, including adjustments to cash, indebtedness and working capital.

The Buyer, the Buyer's Guarantor, the Sellers and the Individual Guarantor each have made customary warranties in the Purchase Agreement with respect to their respective abilities to enter into and consummate the Acquisition. In addition, concurrently with the execution of the Purchase Agreement, certain of the Sellers entered into a Management Warranty Deed with the Buyer, pursuant to which such Sellers provided warranties relating to the business of Atlantic House, including with respect to tax matters. The Buyer and the Sellers have agreed under the Purchase Agreement to make certain undertakings in seeking regulatory approvals and to maintain the confidentiality of certain information not otherwise required to be disclosed under applicable law. The Sellers and Atlantic House also have agreed to carry on the business of Atlantic House in the ordinary course consistent with past practice and not to take certain actions during the period between entry into the Purchase Agreement and the Closing. The Sellers have agreed to certain non-competition and non-solicitation covenants. The Buyer also has agreed to matters relating to the employment of continuing employees of Atlantic House Group Limited ("AHGL"), a wholly-owned subsidiary of Atlantic House. The Sellers will be subject to customary warranties for transactions of this type, including with respect to breaches of warranties and other specified matters; provided that the Buyer has obtained a warranty and indemnity insurance policy related to certain risks associated with the Acquisition. The warranties given by the Sellers are subject to caps and time limits with respect to breaches of certain warranties. The Buyer will be subject to limited warranties customary for a transaction of this type. The Buyer's Guarantor has agreed to guarantee the timely payment and performance of each of the obligations of the Buyer under the Purchase Agreement.

The Acquisition is expected to close in the second quarter of 2026, subject to the satisfaction or waiver of customary closing conditions, including obtaining regulatory approvals and financing. In addition, the Acquisition includes a requirement for the CEO of Atlantic House to enter into an employment agreement with AHGL. In addition, the Buyer has the right to terminate the Purchase Agreement if a material adverse change (a "MAC Event," as defined in the Purchase Agreement) occurs prior to Closing.

The Purchase Agreement will terminate if the Closing has not occurred on or prior to June 13, 2026, subject to the parties agreeing to extend such date. If the Buyer has not satisfied the financing condition in full within 20 business days of the later of all other conditions being satisfied or waived in accordance with the Purchase Agreement and May 4, 2026, then the Sellers may terminate the Purchase Agreement and the Buyer will be required to pay certain of the Sellers £5.0 million (approximately $6.7 million).

A copy of the Purchase Agreement and Management Warranty Deed are filed as Exhibits 2.1 and 2.2, respectively, to this Current Report on Form 8-K and are incorporated herein by reference. The foregoing description of the Purchase Agreement and Management Warranty Deed does not purport to be complete and is qualified in its entirety by reference to such exhibits. The representations, warranties and covenants contained in the Purchase Agreement were made only for purposes of that agreement and as of specific dates; were solely for the benefit of the parties to the Purchase Agreement; may be subject to limitations agreed upon by the parties, including being qualified by confidential disclosures, and may have been made for the purposes of allocating contractual risk between the parties to the Purchase Agreement instead of establishing these matters as facts; and may be subject to standards of materiality applicable to the contracting parties that differ from those applicable to investors. Investors should not rely on the representations, warranties and covenants, or any descriptions thereof, as characterizations of the actual state of facts or condition of the Buyer, Atlantic House, the Sellers or any of their respective subsidiaries or affiliates. Moreover, information concerning the subject matter of the representations, warranties and covenants may change after the date of the Purchase Agreement, which subsequent information may or may not be fully reflected in the Company's public disclosures.

---

| | |
|:---|:---|
| **Item 7.01.** | **Regulation FD Disclosure.** |

---

On March 16, 2026, the Company issued a press release announcing its entry into the Purchase Agreement. A copy of the press release containing this information is being furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section and shall not be deemed incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended.

**Cautionary Statement Regarding Forward-Looking Statements**

This Current Report on Form 8-K may contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about the Company's ability to achieve its financial and business plans, goals and objectives and drive stockholder value, including with respect to its ability to successfully implement its strategic goals relating to the acquisition of Atlantic House and other risk factors discussed from time to time in the Company's filings with the SEC, including those factors discussed under the caption "Risk Factors" in its most recent annual report on Form 10-K, filed with the SEC on February 25, 2026, and in subsequent reports filed with or furnished to the SEC. These forward-looking statements are based on the Company's management's current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements included in this release speak only as of the date of this release. The Company does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws.

---

| | |
|:---|:---|
| **Item 9.01.** | **Financial Statements and Exhibits.** |

---

(d) Exhibits:

---

| | |
|:---|:---|
| 2.1\* + | [Sale and Purchase Agreement by and among the Company, WisdomTree International Holdings Ltd, Atlantic House Holdings Limited, the shareholders of Atlantic House, the EBT Trustee and the Individual Guarantor (each as defined therein), dated March 13, 2026](ex2_1.htm) |
| 2.2\* + | [Management Warranty Deed relating to Atlantic House Holdings Limited between the Warrantors (as defined therein) and WisdomTree International Holdings Ltd, dated March 13, 2026](ex2_2.htm) |
| 99.1 | [Press Release, dated March 16, 2026, relating to the execution of the Atlantic House Purchase Agreement](ex99_1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

\* Pursuant to Item 601(a)(5) of Regulation S-K, certain schedules and exhibits contained in this document have been omitted from this Current Report on Form 8-K and will be furnished to the SEC supplementally upon request.

+ Certain confidential information contained in this document has been redacted in accordance with Item 601(b)(2)(ii) of Regulation S-K. The Company agrees to furnish supplementally an unredacted copy of the exhibit to the SEC upon request.

**SIGNATURES** 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | WisdomTree, Inc. | WisdomTree, Inc. |
| Date: March 16, 2026 | By: | /s/ Bryan Edmiston<br>|
|  |  | Bryan Edmiston |
|  |  | Chief Financial Officer |

---

## Exhibit 2.1

**Exhibit 2.1**

INFORMATION IN THIS EXHIBIT IDENTIFIED BY [\*\*\*] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(2)(ii) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.

Dated 13 March 2026

**THE INVESTOR SELLERS**

and

**THE MANAGEMENT SELLERS**

and

**THE GROWTH SHARE SELLERS**

and

**THE EBT TRUSTEE**

and

**THE INDIVIDUAL GUARANTOR**

and

**THE COMPANY**

and

**THE BUYER**

and

**THE BUYER'S GUARANTOR**

**SALE AND PURCHASE AGREEMENT**<br>relating to<br>**ATLANTIC HOUSE HOLDINGS LIMITED**

i

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
|  |  | Page |
| **1.** | **Definitions and Interpretation** | 5 |
| **2.** | **Sale and Purchase of the Shares** | 19 |
| **3.** | **Consideration** | 19 |
| **4.** | **The EBT Trustee** | 20 |
| **5.** | **Signing** | 20 |
| **6.** | **Conditions** | 20 |
| **7.** | **Material Adverse Change** | 25 |
| **8.** | **Position Pending Completion** | 27 |
| **9.** | **Completion** | 29 |
| **10.** | **Completion Accounts and Consideration Adjustments** | 31 |
| **11.** | **Sellers' Warranties** | 33 |
| **12.** | **Buyer's Warranties and Buyer's Guarantor's Warranties** | 34 |
| **13.** | **Restrictive Covenants** | 34 |
| **14.** | **Lakeaus's Guarantee** | 36 |
| **15.** | **Buyer's Guarantee** | 37 |
| **16.** | **Post-Completion Undertakings** | 38 |
| **17.** | **Announcements and Confidentiality** | 40 |
| **18.** | **Assignment and Transfer** | 42 |
| **19.** | **Costs and Expenses** | 42 |
| **20.** | **No Set-off or Withholding** | 43 |
| **21.** | **Variations and Waivers** | 43 |
| **22.** | **Severance** | 43 |
| **23.** | **Remedies** | 43 |
| **24.** | **Several Liability** | 44 |
| **25.** | **Entire Agreement** | 44 |
| **26.** | **Notices** | 44 |
| **27.** | **Sellers' Representatives** | 46 |
| **28.** | **Further Assurance** | 48 |
| **29.** | **Third Party Rights** | 49 |
| **30.** | **Inconsistency** | 49 |
| **31.** | **Counterparts** | 49 |
| **32.** | **Governing Language** | 49 |
| **33.** | **Governing Law and Jurisdiction** | 49 |
| **34.** | **Process Agent** | 49 |
| **SCHEDULE 1** | **SCHEDULE 1** | 50 |
|  | **Part 1 The Investor Sellers** | 50 |
|  | **Part 2 The Management Sellers** | 50 |
|  | **Part 3 The Growth Share Sellers** | 51 |

---

ii

---

| | |
|:---|:---|
| **SCHEDULE 2 Particulars of the Company** | 52 |
| **SCHEDULE 3 Signing and Completion Deliverables** | 53 |
| **Part 1 Signing Obligations** | 53 |
| **Part 2 Completion Obligations** | 54 |
| **SCHEDULE 4 Completion Accounts** | 56 |
| **Part 1 Accounting Instructions** | 56 |
| **Part 2 Independent Accountants' terms of reference** | 60 |
| **Part 3 Form of Completion Accounts** | 62 |
| **SCHEDULE 5 Title Warranties** | 63 |
| **Part 1 Title Warranties of the Seller** | 63 |
| **Part 2 Title Warranties of the EBT Trustee** | 64 |
| **Part 3 Individual Guarantor's Warranties** | 64 |
| **SCHEDULE 6 Buyer's Warranties and Buyer's Guarantor's Warranties** | 66 |
| **Part 1 Buyer Warranties** | 66 |
| **Part 2 Buyer's Guarantor's Warranties** | 66 |
| **SCHEDULE 7 Interim Covenants** | 68 |
| **SCHEDULE 8 Limitations on Liability** | 70 |
| **SIGNATURES** | 51 |

---

iii

**Documents in the agreed form:**

1. Announcement

2. Bring Down Confirmation

3. Board resolutions of the Company

4. Data Room Documents index

5. Deed of Termination

6. Deed of termination in respect of the EBT's trust deed and documents relating to the winding-up
of the EBT

7. Employment Agreement

8. Escrow Agreement

9. Indemnities for lost share certificate(s)

10. PSC notification letter

11. Resignation letters of Outgoing Directors

12. Stock transfer forms

13. Voting powers of attorney

14. AUM Methodology Worksheet

**THIS AGREEMENT** is made on 13 March 2026

**BETWEEN**:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) **THOSE PERSONS** whose details are set out in Part 1 of Schedule 1 (the "**Investor Sellers** "
and each an "**Investor Seller** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) **THOSE PERSONS** whose details are set out in Part 2 of Schedule 1 (the "**Management Sellers** "
and each a "**Management Seller** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) **THOSE PERSONS** whose details are set out in Part 3 of Schedule 1 (the "**Growth Share Sellers** "
and each a "**Growth Share Seller** ");

(the Investor Sellers, the Management Sellers and the Growth Share Sellers together being the "**Sellers**" and each a "**Seller**");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4) **FCM TRUST LIMITED**, a company incorporated in Jersey and whose registered office is at 2<sup>nd</sup>
Floor International House, 41 The Parade, St Helier, Jersey, JE2 3QQ (the "**EBT Trustee** "),

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(5) **ANDREW MICHAEL LAKEMAN** of [\*\*\*] (the "**Individual Guarantor** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(6) solely for purposes of clauses 6.8 and 6.9 of this Agreement, **Atlantic House Holdings Limited**, a company incorporated in England and Wales with registered number 13493098 and whose registered office
is at One Eleven, Edmund Street, Birmingham, United Kingdom, B3 2HJ (with further short particulars set out in Schedule 2) (the "**Company** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(7) **WISDOMTREE INTERNATIONAL HOLDINGS LTD**, a company
incorporated in England and Wales with registered number 11046784 and whose registered office is at 1 King William Street, London, England,
EC4N 7AF (the "**Buyer** "); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(8) **WisdomTree, Inc.**,
a Delaware corporation (the "**Buyer's Guarantor** ").

**INTRODUCTION**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) The Company was incorporated in England and Wales on 5 July 2021 with registered number 13493098 as a
private company limited by shares.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) The Sellers have agreed to sell to the Buyer and the Buyer has agreed to purchase the Shares for the Consideration
and otherwise in the manner and on and subject to the terms of this Agreement.

**OPERATIVE PROVISIONS**

1. Definitions and Interpretation

1.1 In this Agreement, unless the context requires otherwise, the words and expressions set out below shall
have the following meanings:

"**Accounting Standards**" means the United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland';

"**Accounts**" means the audited financial statements of the Group, together with related notes;

"**Act**" means the Companies Act 2006;

"**Additional Consideration**" has the meaning given to it in clause 10.4(a)(i);

"**Affiliate**" means, in respect of any person:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any parent undertaking of such person and any subsidiary undertaking of such parent undertaking from time
to time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any subsidiary undertaking of such person from time to time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) where such person is a limited partnership, any nominee or trustee of the limited partnership (excluding
any professional nominee or trustee of QPIV that is not controlled by Luke Wiseman) or any investment manager or investment adviser to
the limited partnership, any parent undertaking or subsidiary undertaking of that investment manager or investment adviser and/or any
other investment fund managed or advised by any of the foregoing; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any other person who Controls such person, is Controlled by such person or is under common Control with
such person from time to time;

provided that no Group Company shall be treated as an Affiliate of any Seller, and for the purposes of this definition, "**Control**" means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a person, or to appoint the managing and governing or supervisory bodies of such person or a majority of the members thereof, in each case whether through the ownership of voting securities, by contract or otherwise (in such respect, a limited partnership shall be deemed to be Controlled by its general partner), and "**Controlled**" shall be construed accordingly;

"**AIFMD**" means Directive 2011/61/EU of the European Parliament and the Council of 8 June 2011 on Alternative Investment Fund Managers and amending Directives 2003/41/EC and 2009/65/EC and Regulations (EC) No 1060/2009 and (EU) No 1095/2010;

this "**Agreement**" means this sale and purchase agreement including the Introduction and the Schedules, as amended or restated from time to time;

"**AMC**" means an actively managed certificate;

"**Announcement**" means the press announcement relating to the Transaction in the agreed form;

"**Applicable Law**" means, in respect of a person, all applicable civil and common law, statute, subordinate legislation, treaty, regulations, directive, decision, by law, ordinance, code, policy, regulatory licence, regulatory consent, direction, request, order, decree, injunction or judgment of any competent Governmental Authority to which it is subject and by which it is bound (and including, for the avoidance of doubt, (a) all applicable anti-bribery laws, (b) all applicable money laundering laws, (c) all applicable competition laws, (d) the FCA Handbook of Rules and Guidance, (e) AIFMD and all civil and common laws, regulations, statutes, subordinate legislation, policies, regulatory licences, regulatory consents and codes of practice having force of law applicable to the Group which are derived from AIFMD and (f) any and all applicable foreign direct investment regulations in relevant jurisdictions);

"**AUM**" means any assets under management in the Group Funds, the Group's model portfolios, any third party discretionary mandates and any AMCs;

"**AUM Certificate**" has the meaning given to it in clause 7.1;

"**AUM Methodology Worksheet**" means the spreadsheet titled "AUM and flow data 6 Mar.xlsx" in the agreed form;

"**Base AUM**" means the Group's total AUM as of the date of this Agreement, as calculated in accordance with the Group's standard methodology for reporting AUM (as set forth in the AUM Methodology Worksheet);

"**B Ordinary Shares**" means the B ordinary shares of £0.01 each in the capital of the Company;

"**Base Consideration**" means an amount equal to £150,000,000;

"**Break Fee**" has the meaning given to it in clause 6.13;

"**Bring Down Confirmation**" means a written statement from the Warrantors addressed to the Buyer on the Completion Date, in substantially the same form as the Disclosure Letter, which discloses matters arising between the date of this Agreement and Completion that, absent such disclosure, would be a breach of the Business Warranties or Tax Warranties (each as defined in the Management Warranty Deed) given at Completion;

"**Business**" means the businesses of the Group as carried on, or proposed to be carried on, at the date of this Agreement;

"**Business Day**" means a day other than a Saturday, Sunday or public holiday in London, United Kingdom, Guernsey, Jersey and New York, United States of America;

"**Buyer Covered Person**" has the meaning given to it in clause 16.2;

"**Buyer Debt Financing**" means any financing incurred by or on behalf of the Buyer in connection with the Transaction pursuant to: (a) one or more debt facilities or other financing arrangements (including indentures) providing for revolving credit loans, term loans, letters of credit, or other indebtedness, including any notes (including convertible notes); and/or (b) one or more SEC registered securities offerings;

"**Buyer Debt Financing Documents**" means the definitive documentation in connection with the Buyer Debt Financing;

"**Buyer's Group**" means the Buyer and its Affiliates from time to time, including, after Completion, the Company;

"**Buyer's Guarantor's Warranties**" means the statements set out in Part 2 of Schedule 6, each being a "**Buyer's Guarantor's Warranty**";

"**Buyer's Relief**" has the meaning given to it in the Management Warranty Deed;

"**Buyer's Solicitors**" means Goodwin Procter (UK) LLP of Sancroft, 10-15 Newgate Street, London EC1A 7AZ;

"**Buyer's Warranties**" means the statements set out in Part 1 of Schedule 6, each being a "**Buyer Warranty**";

"**C Ordinary Shares**" means the C ordinary shares of £0.01 each in the capital of the Company;

"**Cash**" means the aggregate of all cash and cash equivalents that can be convertible into cash within thirty (30) days by the Company as at the Relevant Time, excluding any Trapped Cash and net of any outstanding checks, wires or deposit receipts (issued but uncleared), to be determined in accordance with the provisions of Schedule 4;

"**Claim**" means any claim, proceeding or suit made by or on behalf of the Buyer against a Seller arising out of or in connection with this Agreement (except, for the avoidance of doubt, any claim, proceeding or suit against the Warrantors under the Management Warranty Deed), including any Title Warranty Claims;

"**Closing AUM**" means the Group's total AUM as of the Closing AUM Test Date, calculated using the same methodology used to determine the Base AUM;

"**Closing AUM Test Date**" means the first calendar day following the date on which the last Condition is satisfied or waived in accordance with this Agreement, provided that if such calendar day is not a Business Day, the Closing AUM Test Date shall be the Business Day immediately preceding such calendar day;

"**Completion**" means completion of the sale and purchase of the Shares in accordance with the terms of clause 9.1;

"**Completion Accounts**" means the balance sheet of the Company as at the Relevant Time to be prepared and agreed by the parties or determined in accordance with Schedule 4;

"**Completion AUM Certificate**" has the meaning given to it in clause 7.2;

"**Completion AUM Dispute**" has the meaning given to it in clause 7.4;

"**Completion Date**" means the date of Completion;

"**Completion Schedule**" has the meaning given to it in clause 9.3;

"**Conditions**" has the meaning given to it in clause 6.1;

"**Confidential Information**" means all technical, financial, commercial and other information of a confidential or secret nature relating to the Business, including without limitation, trade secrets, know-how, inventions, product information and unpublished information relating to Intellectual Property (as defined in the Management Warranty Deed), object code and source code relating to software, marketing and business plans, projections, current or projected plans or internal affairs of the Company, current and/or prospective suppliers and customers (including any customer or supplier lists);

"**Confidentiality Agreement**" means the non-disclosure agreement dated 27 October 2025 and entered into by WisdomTree, Inc. and Atlantic House Group Limited;

"**Consideration**" has the meaning given to it in clause 3.1;

"**Consideration Reduction Amount**" has the meaning given to it in clause 10.4(b)(i);

"**Covenantor**" means each Seller and the Individual Guarantor;

"**Covered Claim**" has the meaning given to it in clause 16.2;

"**CTA 2010**" means Corporation Tax Act 2010;

"**D Ordinary Shares**" means the D ordinary shares of £0.01 each in the capital of the Company;

"**Data Room**" means the online data room titled "Project Seabound" and hosted by DFIN, access to which has been made available to the Buyer and its advisers;

"**Data Room Documents**" means the documents made available to the Buyer and its advisers via the Data Room as at 11 March 2026, an index of which in the agreed form is attached to the Disclosure Letter;

"**Debt**" means the aggregate of the following obligations of the Company whether or not then due or payable as at the Relevant Time (in each case without double counting):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all outstanding borrowings (whether or not under normal commercial lending terms) and accrued interest
thereon, including bank loans, overdrafts, bonds, debentures, notes, loan stock, commercial paper, factoring and other loans or debt instruments
at such time (together with any amounts required to be withheld or deducted for or on account of Tax relating to such interest and any
related gross-up amounts);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all liabilities for the reimbursement of any obligor pursuant to any guarantee, counter-indemnity, indemnity,
letter of credit or banker's acceptance, in each case, to the extent such guarantee, counter-indemnity, indemnity, letter of credit
or banker's acceptance has been called upon (or in the case of letters of credit or banker's acceptances, drawn upon) at such
time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) all obligations under any conditional sale, title retention, forward sale or purchase or any similar agreement
or arrangement creating obligations with respect to the deferred or unpaid, whether contingent or not, purchase price of any assets, property,
or services (including any share capital, business or undertaking), including earn-out payments, seller notes, post-closing true-up obligations
and other similar payments calculated as the maximum amount payable under or pursuant to such obligation at such time;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) all obligations under any financial derivatives, hedging arrangements, foreign exchange contracts and
any other derivative instruments (including any interest or currency protection, hedging or financial future transactions);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) all obligations under leases or other arrangements which are treated as capital or finance leases in the
Accounts or Management Accounts or required to be treated as capital or finance leases under the Accounting Standards (but excluding operating
leases);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) all declared and/or accrued but unpaid dividends, distributions, or other amounts owed to each Seller
or their Affiliates;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) all receivables sold or discounted otherwise than on a non-recourse basis;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) any guarantee, counter-indemnity, letter of credit, indemnity or similar assurance against the financial
loss or indebtedness of any other person;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any amount in respect of the sale or discounting of the Company's rights or assets in return for
funding in the nature of finance and any other off balance sheet finance;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) any credit notes (or other form of credits) issued to customers, and liabilities in respect of the duplicable
payments from customers, which are repayable to the customer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) any unpaid and accrued Tax liabilities (other than Tax liabilities treated as current liabilities in the
calculation of Net Working Capital);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) any bonus or other payments to Employees, directors or officers, including any Tax thereon;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) any severance payments or other payments to staff or management arising as a result of termination of
their employment prior to the date of this Agreement or in connection with the completion of the transactions contemplated under this
Agreement (including the employer portion of any applicable payroll taxes);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) the Sellers' Transaction Costs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) any obligations of others secured by any Encumbrances on any asset of the Sellers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) the funding of employee retirement plan obligations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q) any aged payables or receivables over ninety (90) calendar days;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r) any outstanding obligations related to the Business' expansion in Australia;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(s) any legal and other costs payable or accrued in connection with any civil, criminal, arbitration or administrative
proceedings in any jurisdiction;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(t) any unpaid or accrued interest on any obligations or indebtedness referred to above, and any amounts payable
in the nature of costs and/or fees on the termination, repayment, prepayment or cancellation of any of the above; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(u) any other items in the nature of indebtedness;

"**Deed of Termination**" means a deed in the agreed form to be entered into on Completion in respect of the termination of the Existing Shareholders' Agreement;

"**Determination Date**" means the date on which the Completion Accounts are agreed by the parties or determined in accordance with paragraph 4 of Part 1 of Schedule 4;

"**Disclosure Letter**" means the letter in the agreed form of the same date as this Agreement including any documents annexed thereto from the Warrantors to the Buyer relating to the Business Warranties and the Tax Warranties (as these terms are defined in the Management Warranty Deed);

"**E1 Ordinary Shares**" means the E1 ordinary shares of £0.01 each in the capital of the Company;

"**E2 Ordinary Shares**" means the E2 ordinary shares of £0.01 each in the capital of the Company;

"**EBT**" means the Atlantic House Employee Benefit Trust as established by the trust deed dated 2 July 2024;

"**EBT Costs**" means the total outstanding amount of the professional fees, costs and expenses (including disbursements and Tax relating thereto) charged or to be charged by the EBT Trustee as at Completion in connection with (i) the Transaction and (ii) the winding up of the EBT whether invoiced or not yet invoiced or due;

"**EBT Shares**" means 700 D Ordinary Shares, 150 E1 Ordinary Shares and 370 E2 Ordinary Shares, the legal title to which is registered in the name of the EBT Trustee;

"**Employees**" means those persons (including directors) who are employed under a contract of employment with a Group Company;

"**Employment Agreement**" means the employment agreement in the agreed form to be entered into on Completion between Atlantic House Group Limited and Thomas May;

"**Encumbrance**" means a mortgage, charge, pledge, lien, option, restriction, right of first refusal, right of pre-emption, third-party right or interest, or other encumbrance or security interest having similar effect;

"**Escrow Account**" means a deposit account to be opened prior to Completion and maintained by the third party Escrow Agent in the name of the Buyer and each Sellers' Representative;

"**Escrow Agent**" means Acquiom Financial UK LTD, a private limited company registered in England & Wales (company number: 15251271) which has its registered office at 1 Love Lane, Third Floor, London, United Kingdom, EC2V 7JN;

"**Escrow Agreement**" means the agreement in the agreed form between the Escrow Agent, the Buyer and each Sellers' Representative concerning the setting up and operation by the Escrow Agent of the Escrow Account;

"**Escrow Amount**" means the amount of £2,000,000;

"**Estimated Cash**" means the Sellers' good faith estimate of the Cash of the Company as at the Relevant Time, as set out in the Completion Schedule or otherwise agreed in accordance with clause 9.4;

"**Estimated Consideration**" means the amount as set out in the Completion Schedule, being an amount equal to the sum of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Base Consideration;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *plus* the Estimated Cash;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *minus* the Estimated Debt; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *plus* or *minus* the Estimated Net Working Capital Adjustment;

"**Estimated Debt**" means the Sellers' good faith estimate of the Debt of the Company as at the Relevant Time, as set out in the Completion Schedule and stated as a positive amount or otherwise agreed in accordance with clause 9.4;

"**Estimated Net Working Capital**" means the Sellers' good faith estimate of the Net Working Capital of the Company as at the Relevant Time, as set out in the Completion Schedule or otherwise agreed in accordance with clause 9.4;

"**Estimated Net Working Capital Adjustment**" means the amount (whether positive or negative) of the Estimated Net Working Capital *minus* the Net Working Capital Target and which for the purpose of limb (d) of the definition of Estimated Consideration shall, if a negative amount, be treated as a positive number to be subtracted and, if a positive amount, be treated as a positive number to be added;

"**Excess**" has the meaning given to it in clause 10.4(b)(iii);

"**Exchange Rate**" means the spot rate of exchange (closing mid-point) between the relevant currencies, as published in the London edition of The Financial Times last published prior to the relevant date of calculation;

"**Executive Seller's Relevant Proportion**" means, in relation to each Executive Seller, the proportion which such Executive Seller's Shares represent of all Shares held by the Executive Sellers;

"**Executive Sellers**" means, together, the Investor Sellers and the Management Sellers, and each an "**Executive Seller**";

"**Existing Shareholders' Agreement**" means the shareholders' agreement relating to the Company dated 5 August 2021;

"**FCA**" means the UK Financial Conduct Authority;

"**FCA Condition**" has the meaning given to it in clause 6.1(a);

"**Final Consideration**" means the sum of the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Base Consideration;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *plus* Cash;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *minus* Debt; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *plus* or *minus* the Net Working Capital Adjustment;

"**Financing Conditio**n" has the meaning given to it in clause 6.1(b);

"**First Hurdle**" means £50,000,000;

"**FSMA**" means the Financial Services and Markets Act 2000 (as amended) and the secondary legislation made pursuant to FSMA;

"**Governmental Authority**" means any:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) supra national or international (including the United Nations), national, state, municipal or local government;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any political subdivision, court, administrative agency, department, bureau, tribunal, commission or regulatory,
investigative or other authority of any persons listed in limb (a) having any executive, legislative, regulatory, administrative or judicial
powers or functions; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) quasi-governmental or private body exercising any regulatory, importing or other governmental or quasi-governmental
authority that has the force of law,

including the European Commission of the European Union, any Supervisory Authority and any Taxation Authority;

"**Group**" means all of the Group Companies taken as a whole;

"**Group Companies**" means the Company and the Subsidiaries, and each a "**Group Company**";

"**Group Funds**" means, together:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Irish UCITS funds, being the Umbrella Fund, the Defined Returns Fund, the Global Defined Returns Fund,
Defensive Defined Returns Fund, the Dynamic Duration Fund, the Uncorrelated Strategies Fund, Defensive Strategies Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the UK Non-UCITS Retail Schemes, being the Prima Cautious Fund, the Prima Balanced Fund, and the Prima
Adventurous Fund; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Cayman segregated portfolios, being the Atlantic House Real Returns Segregated Portfolio and the Atlantic
House Active Diversified SP,

and "**Group Fund**" shall be construed accordingly;

"**Independent Accountants**" means a firm of independent accountants agreed by the Buyer and each Sellers' Representative, or in the absence of such agreement within a period of ten (10) Business Days, appointed at the instance of either the Buyer or the Sellers' Representatives (acting jointly) by the President for the time being of the Institute of Chartered Accountants in England and Wales;

"**Individual Seller's Relevant Proportion**" means, in relation to each Individual Seller, the proportion which such Individual Seller's entitlement to Consideration as set out in their relevant Seller Entitlement Letter represents of all entitlements to Consideration held by the Individual Sellers;

"**Individual Sellers**" means all Sellers other than QPIV and the EBT Trustee;

"**Individual Sellers' Representative**" means, subject to clause 27, Thomas Andrew May;

"**Instrument of Incorporation**" means the instrument of incorporation relating to the Umbrella Fund;

"**Longstop Date**" means three (3) months following the date of this Agreement;

"**MAC Event**" means the Closing AUM is [\*\*\*]% or more lower than the Base AUM as a result of Net AUM Outflows;

"**Management Accounts**" means the management accounts of the Group for the period covering the financial year 2025 and the period from 31 July 2025 to 31 December 2025;

"**Management Warranty Deed**" means the deed of warranty relating to the Company, the Subsidiaries (as defined therein) and the Group Funds, entered into between the Warrantors (as defined therein) and the Buyer on the same date as this Agreement;

"**Minimum Regulatory Capital**" means the minimum regulatory capital required to be maintained by the Group as of the Completion Date pursuant to Applicable Laws;

"**Money Market Funds**" means any sums invested by a member of the Group on its own account in investments in the money markets or other similar treasury instruments;

"**Net AUM Outflows**" means the net outflows during the Testing Period (being the sum of all client withdrawals, redemptions and account closures or terminations *less* inflows and any creations, but excluding any market or foreign currency exchange rate fluctuations) of the Group's total AUM;

"**Net Working Capital**" means the net working capital of the Company comprising: (i) the current assets *less* (ii) current liabilities (excluding any item included within the definitions of Cash and Debt) as at the Relevant Time to be determined in accordance with the provisions of Schedule 4 and extracted from the Completion Accounts;

"**Net Working Capital Adjustment"** means the amount by which the Net Working Capital is greater than or less than the Net Working Capital Target and which for the purpose of limb (d) of the definition of Final Consideration shall, if a negative amount, be treated as a positive number to be subtracted and, if a positive amount, be treated as a positive number to be added;

"**Net Working Capital Target**" means an amount equal to £1,200,000;

"**Notice**" has the meaning given to it in clause 26.1;

"**Ordinary Consideration**" means the Consideration, less that part of the Consideration which is due to the Growth Share Sellers, by virtue of their beneficial ownership of the EBT Shares, as set out in the Seller Entitlement Letters;

"**Outgoing Directors**" means each of Robert Brown, Christopher Anthony James Macdonald, Michael Vogel and Luke Anton Wiseman;

"**Pre-Completion Dividend**" has the meaning given to it in clause 8.6;

"**Pre-Completion Dividend Principles**" means, subject always to Applicable Law and clause 8.7:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) an amount equal to Estimated Cash; less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) debt like items on the balance sheet of the Company (and which are excluded from Net Working Capital);
less

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) an amount equal to Minimum Regulatory Capital plus 20% (in accordance with clause 8.4);

"**Proceedings**" means any formal civil, criminal, arbitration or administrative proceedings in any jurisdiction;

"**QPIV**" means Queripel Partners GP IV Limited as general partner for and on behalf of Queripel Partners IV LP;

"**QPIV Group**" means QPIV, Queripel Partners IV LP, and each of their Affiliates from time to time;

"**QPIV Seller's Representative**" means, subject to clause 27, Luke Anton Wiseman;

"**Regulated Entities**" means, together, Atlantic House Group Limited and Atlantic House Investments Limited, each of which are authorised by the FCA (and each a "**Regulated Entity**");

"**Relevant Proportion**" means in relation to each Seller, the aggregate entitlement to Consideration of that Seller, as set out in that Seller's Seller Entitlement Letter;

"**Relevant Time**" means 12:01 a.m. on the Completion Date;

"**Restricted Period**" means, in relation to each Growth Share Seller, the period set out in his/her Seller Entitlement Letter;

"**Restricted Territory**" means the United Kingdom;

"**SEC**" means the United States Securities and Exchange Commission;

"**Second Hurdle**" means £70,000,000;

"**Seller Covered Person**" has the meaning given to it in clause 16.3;

"**Sellers' Completion Documents**" means the Transaction Documents to which the relevant Sellers are a party;

"**Seller Entitlement Letter**" means each letter of even date between a Seller and the Buyer which, amongst other things, sets out that Seller's holding of Shares and their Relevant Proportion (and together the "**Seller Entitlement Letters**");

"**Sellers' Representative**" means each of the QPIV Seller's Representative and the Individual Sellers' Representative;

"**Sellers' Solicitors**" means, together, DAC Beachcroft LLP of 25 Walbrook, London, England, EC4N 8AF and Ogilvy & Wachtel LLP of 3rd Floor Suite, 207 Regent Street, London, W1B 3HH, and each a "**Sellers' Solicitor**";

"**Sellers' Solicitor's Account**" means the following bank account maintained by DAC Beachcroft LLP:

Account Name: [\*\*\*] <br>Sort Code: [\*\*\*]

Account Number: [\*\*\*]

"**Sellers' Transaction Costs**" means all fees, costs, expenses and obligations (including any VAT on or in respect of any of the foregoing that the Buyer reasonably determines to be irrecoverable following the advice of a reputable firm of independent tax advisors) incurred, payable, subject to reimbursement or agreed to be incurred by any Group Company, whether accrued for or not, in connection with the Transaction contemplated by this Agreement, including (but not limited to):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) all fees (including any finders' fees, brokerage fees, or commissions), costs, and expenses for
all accounting advisors, legal advisors, investment bankers or any other professional advisors or Workers (including disbursements and
Tax relating thereto) whether invoiced or not yet invoiced or due;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any fees, costs and expenses or payments related to change of control payments, bonuses (whether Transaction-related
or discretionary), retention payments or other compensatory payments (including the employer portion of any payroll, social security,
unemployment, or similar taxes) payable to current or former service providers, directors, managers, officers, employees or Workers; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the EBT Costs,

in each case as set out in the Completion Schedule, but excluding any such costs or expenses incurred by any Group Company pursuant to any obligation set out in clause 6.8;

"**Shares**" means, together, the B Ordinary Shares, the C Ordinary Shares, the D Ordinary Shares, the E1 Ordinary Shares and the E2 Ordinary Shares held by the Sellers in the proportions set out in each Seller's Seller Entitlement Letter;

"**Subsidiaries**" means the subsidiaries of the Company, short particulars of which are set out in the Management Warranty Deed, and each a "**Subsidiary**";

"**Supervisory Authority**" means any local, national or multinational agency, department, official, parliament, public or statutory person or any government or professional body, regulatory or supervisory authority, board or other body responsible for administering data protection;

"**Surviving Provisions**" means clauses 1.1 (*Definitions and Interpretation)*, 4 (*EBT Trustee*), 6.12 (*Conditions)*, 6.14 *(Conditions)*, 17 *(Announcements and Confidentiality)*, 19 *(Costs and Expenses)*, 20 (*No Set-off or Withholding*), 21 *(Variations and Waivers)*, 23 *(Remedies)*, 25 *(Entire Agreement)*, 26 *(Notices)*, 32 *(Governing Language)*, and 33 *(Governing Law and Jurisdiction)*;

"**Taxation**" or "**Tax**" or "**Taxes**" has the meaning given to it in the Management Warranty Deed;

"**Taxation Authority**" has the meaning given to it in the Management Warranty Deed;

"**Testing Period**" has the meaning given to it in clause 7.10;

"**Third Hurdle**" means £96,500,000;

"**Title Warranties**" means the statements set out in Schedule 5, each being a "**Title Warranty**";

"**Title Warranty Claim**" means any claim made by or on behalf of the Buyer for a breach of any Title Warranty;

"**Transaction**" means the transaction contemplated by the Transaction Documents;

"**Transaction Documents**" means this Agreement, the Management Warranty Deed, the Disclosure Letter, the Deed of Termination, all of the agreed form documents and all other documents which, in each case, are to be entered into pursuant to this Agreement, each being a "**Transaction Document**";

"**Trapped Cash**" means any cash which at the relevant time:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) is not capable of being spent, distributed, loaned or released by the Company without any Tax, deduction,
withholding, penalty or additional cost of any kind;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) which is not accessible in the manner described in limb (a) above within a period of five (5) Business
Days, including without limitation any cash securing rent deposits, cash in restricted accounts, any other cash held as collateral in
respect of obligations of any other party; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) is equal to the Minimum Regulatory Capital,

but excluding in the case of limbs (a) and (b) any cash invested in Money Market Funds;

"**Umbrella Fund**" means Atlantic House UCITS ICAV;

"**VAT**" means:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) value added tax imposed pursuant to VATA and legislation and regulations similar or supplemental thereto;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any tax imposed in compliance with the European Council Directive of 28 November 2006 on the common system
of value added tax (EC Directive 2006/112); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any sales, goods and services, consumption or other tax of a similar nature, whether imposed in the United
Kingdom or in a member state of the European Union in substitution for, or levied in addition to, such tax referred to in paragraphs (a)
or (b) above, or imposed elsewhere;

"**VATA**" means the Value Added Tax Act 1994;

"**Warranties**" has the meaning given to it in the Management Warranty Deed;

"**Warrantors**" has the meaning given to it in the Management Warranty Deed;

"**WCLs**" means the loans provided by Atlantic House Group Limited to [\*\*\*]:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) [\*\*\*], pursuant to a loan facility agreement dated 11 August 2021 (as amended on 21 June 2023) for an
aggregate principal amount of up to £1,950,000; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) [\*\*\*], pursuant to a loan facility agreement dated 29 March 2023 for an aggregate principal amount of
up to £1,000,000;

"**WCL Bonus Amount**" has the meaning given to it in clause 16.5;

"**WCL Closing Consideration**" means the WCL Consideration due to all the Sellers excluding the WCL Seller;

"**WCL Consideration**" means an amount equal to 90 per cent. of the principal amount outstanding but unpaid (excluding interest, fees and expenses) under the WCLs at Completion;

**"WCL Excess"** has the meaning given to it in clause 16.5;

"**WCL Receipt**" has the meaning given to it in clause 16.5;

"**WCL Seller**" means Thomas Andrew May;

"**WCL Seller Deferred Amount**" means an amount of the WCL Seller's proportion of Final Consideration equal to the WCL Closing Consideration, which shall be payable to the WCL Seller in accordance with the provisions of clauses 16.4 to 16.8;

"**W&I Insurer**" means Ryan Specialty Underwriting Managers International Limited (trading as Ryan Transactional Risk);

"**W&I Insurance Costs**" means the insurance premium, underwriting fees, insurance premium tax and any other costs and expenses related to the W&I Policy;

"**W&I Insurance Cost Contribution**" means £223,759, being an amount equal to 50% of the total W&I Insurance Costs;

"**W&I Policy**" means the warranty and indemnity insurance policy issued by the W&I Insurer in favour of the Buyer on or around the date of this Agreement; and

"**Workers**" means those individuals who are providing services to the Group under or pursuant to any agreement which is not a contract of employment with the relevant Group Company including where the individual acts as a consultant, contractor or worker, non-executive director or officer of the Group and in each case whether directly contracted or supplied by an agency, employment business, service company or other third party.

1.2 The headings of clauses and Schedules are included for ease of reference only and shall not affect the
interpretation of this Agreement.

1.3 In this Agreement, unless expressly stated otherwise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) references to "**parties** ", "**clauses**" and "**Schedules** "
are references, respectively, to the parties, clauses and Schedules of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) no inference shall be drawn from the presence or absence of headings;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the words "**include**" and "**including**" (or any similar term) shall
not be construed as implying any limitation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) general words introduced by the word "**other**" (or any similar term) shall not be given
a restrictive meaning by reason of the fact that they are preceded by words indicating a particular class of acts, matters or things;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the phrase "**to the extent that**" shall mean "if, but only to the extent that";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the word "**person**" shall include any individual, firm, company, corporation, or other
body corporate, government, state or agency of a state or any joint venture, association or partnership, works council or employee representative
body (whether or not having separate legal personality);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) words importing one gender shall be treated as importing any gender, words importing the singular shall
be treated as importing the plural and vice versa, and words importing the whole shall be treated as including a reference to any part
thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) the words "**in writing**" or "**written**" shall include any non-transitory
form of visible reproduction of words;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a **reference** to a document "**in the agreed form**" means a document in the form
agreed on behalf of the Buyer and the Sellers by the Buyer's Solicitors and the Sellers' Solicitors or which is executed or
adopted contemporaneously with this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) references to the time of day or date shall be construed as references to the time or date prevailing
in London, England;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) where any provision of this Agreement is qualified or phrased by reference to "**material** "
or "**materiality** ", such reference shall, unless specified to the contrary, be construed as a reference to materiality
in the context of the Business taken as a whole;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) references to "**£**" shall be references to pounds sterling, being the lawful currency
of the United Kingdom;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) where it is necessary to determine whether a monetary limit or threshold set out in Schedule 8 has been
reached or exceeded (as the case may be) and the value of the relevant Claim or any of the relevant Claims is expressed in a currency
other than pounds sterling, the value of each such Claim shall be converted into pounds sterling by reference to the Exchange Rate on
the date that written notification of the existence of such Claim is sent to the Sellers' Representatives from the Buyer in accordance
with the terms of this Agreement, if such day is not a Business Day, on the Business Day immediately preceding such day;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) a reference to a statute, statutory provision or subordinate legislation ()"**legislation** ")
is a reference to such legislation as in force at the date of this Agreement, and any reference to compliance with law shall not be deemed
breached by reason of changes in law occurring after the date of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) section 1122 CTA 2010 shall apply to determine whether one person is "connected" with another
for the purposes of this Agreement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) save as otherwise expressly provided, the expression "**procure**" where used in the context
of a Seller in relation to a Group Company means that the relevant Seller undertakes to exercise its voting rights (in its capacity as
shareholder, to the extent such matter is put forward to that Seller in such capacity) and/or director (subject to any relevant fiduciary
duties as a director), as the case may be, to procure so far as it is lawfully and reasonably able to comply with that obligation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(q) a reference to any document other than this Agreement is a reference to that other document as amended,
varied, supplemented, superseded or novated (provided that no such amendment, variation, supplement, supersession or novation that increases
the obligations or liabilities of the Sellers under this Agreement shall be valid without the express written consent of the Sellers'
Representatives) from time to time; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(r) a reference to a "**holding company**" or a "**subsidiary**" means a holding
company or subsidiary as defined in section 1159 of the Act, save that a company shall be treated for the purposes of the membership requirement
contained in sections 1159(1)(b) and (c) as a member of another company even if its shares in that other company are registered in the
name of (i) its nominee or (ii) another person (or its nominee) by way of security or in connection with the taking of security. A reference
to an "**undertaking**" shall be construed in accordance with section 1161 of the Act and a reference to a "**parent company**" or a "**subsidiary undertaking**" means, respectively, a parent company or subsidiary undertaking as
defined in section 1162 of the Act, save that an undertaking shall be treated for the purposes of the membership requirement in sections
1162(2)(b) and (d) and section 1162(3)(a) as a member of another undertaking even if its shares in that other undertaking are registered
in the name of (i) its nominee or (ii) another person (or its nominee) by way of security or in connection with the taking of security.

1.4 Unless the context otherwise requires, references in this Agreement to: (i) the Investor Sellers'
and the Management Sellers' ownership of Shares shall be to the legal and beneficial ownership thereof; (ii) the Growth Share Sellers'
ownership of Shares shall be to the beneficial ownership thereof; and (iii) the EBT Trustee's ownership of EBT Shares shall be to
the legal ownership thereof.

1.5 References to any English legal term or legal concept (including any statute, regulation, by-law or other
requirement of English law) shall in respect of any jurisdiction other than England be deemed to include that which most nearly corresponds
in that jurisdiction to such English legal term or legal concept. This shall not affect any express terms relating to choice of law or
jurisdiction.

2. Sale and Purchase of the Shares

2.1 Subject to and on the terms of this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) each Seller shall sell on and with effect from Completion, and the Buyer shall purchase:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) in respect of the Investor Sellers and the Management Sellers, the legal title to and beneficial interest
in the Shares set out in that Seller's Seller Entitlement Letter; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) in respect of the Growth Share Sellers, the beneficial interest in the Shares set out in that Growth Share
Seller's Seller Entitlement Letter; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the EBT Trustee shall transfer on and with effect from Completion and the Buyer shall acquire the legal
title to the EBT Shares,

in each case, with full title guarantee and together with all rights attaching or accruing to them at Completion and free from all Encumbrances.

2.2 Each Growth Share Seller hereby irrevocably authorises and instructs the EBT Trustee (in its capacity
as bare trustee under duly executed declarations of trust) to transfer the Shares listed in that Growth Share Seller's Seller Entitlement
Letter to the Buyer under and in accordance with the terms of this Agreement.

2.3 The Buyer shall not be obliged to complete the purchase of the Shares unless the sale and purchase of
all the Shares referred to clause 2.1 are completed simultaneously in accordance with this Agreement.

2.4 Each Seller hereby irrevocably waives (or agrees to procure the waiver of) the following rights over the
Shares conferred (or which may be conferred) on the relevant Seller by the articles of association of the Company, the Existing Shareholders'
Agreement or otherwise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any rights of redemption, pre-emption, first refusal or transfer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any rights relating to the terms of transfer and/or the consideration, interest and/or dividends receivable
for or on any Shares; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any rights to acquire any Shares.

3. Consideration

3.1 The total consideration for the purchase of the Shares in accordance with the terms of this Agreement
(the "**Consideration**") shall be an amount equal to (i) the Final Consideration and the (ii) WCL Consideration.

3.2 If any payment is due from the Buyer to a Seller, or from a Seller to the Buyer, under this Agreement
or the Management Warranty Deed, the payment shall so far as possible be made by way of adjustment of the Consideration, and the Consideration
shall be deemed to have been reduced or increased, as applicable, by the amount of such payment. For the avoidance of doubt, this clause
‎3.2 shall not apply in connection with or affect the calculation of the Final Consideration or the caps on liability set out in paragraph
2 of Schedule 8.

3.3 Each of the Sellers hereby confirms that the Sellers' Solicitors are irrevocably authorised by the
Sellers to receive payment in the Sellers' Solicitor's Account of any amount due to the Sellers pursuant to this clause 3
on the Sellers' behalf and the receipt by the Sellers' Solicitors of such amounts in the Sellers' Solicitor's
Account shall be a sufficient discharge for the Buyer of its obligations under this clause 3.

4. The EBT Trustee

4.1 The EBT Trustee is a party to this Agreement solely for the purposes of clauses 2.1, 2.2, 9.5, 9.6, 9.7,
11.2, this clause 4.1, paragraph 2 of Part 2 of Schedule 3 and Part 2 of Schedule 5.

4.2 The parties to this Agreement acknowledge that the EBT Trustee is entering into this Agreement in its
capacity as trustee of the EBT and as such:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) reference in this Agreement to the EBT Trustee is a reference only to the EBT Trustee in its capacity
as trustee of the EBT; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any liability on the part of the EBT Trustee pursuant to this Agreement or otherwise relating to this
Agreement or its subject matter, whether in contract, in negligence or other tort, under statute or otherwise, shall be limited to the
assets held by it on trust for the time being of the EBT.

4.3 The EBT Trustee shall incur no personal liability, save in the case of its fraud or fraudulent misrepresentation,
in its own corporate capacity in relation to this Agreement or any actions or claims arising thereunder.

5. Signing

5.1 On or prior to the date of this Agreement, the Sellers and the Buyer shall perform, or procure the performance
of, their respective obligations in accordance with and as set out in Part 1 of Schedule 3.

5.2 The Executive Sellers shall deliver to the Buyer within three Business Days of the date of this Agreement
a certificate confirming the Base AUM, together with all relevant data supporting the information provided in the certificate, including
(without limitation) supporting calculations. Such calculations shall be made in accordance with the Group's standard methodology
for reporting AUM as shared with the Buyer prior to the date of this Agreement.

6. Conditions

6.1 Completion is conditional on the following conditions being satisfied
or waived in accordance with clause 6.10 by no later than 5 p.m. on the Longstop Date :

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the FCA giving to the Buyer and all other persons who have decided to acquire or increase control over
(as such terms are defined in Part XII of FSMA) and/or become a controller (as such term is defined in section 422 of FSMA) the Regulated
Entities as a result of the acquisition of the Shares under this Agreement (such persons together being the "**Controllers** "):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) a written notice stating that the FCA approves such acquisition of control over the Regulated Entities
by the Controllers unconditionally under section 189(4)(a) of FSMA, provided that such approval remains effective in accordance with section
191 of FSMA; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) a decision notice under section 189(7) of FSMA stating that it has decided to approve such acquisition
of control over the Regulated Entities by the Controllers subject to specified conditions, provided that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) such specified conditions do not have a material adverse effect on the operations of the Group as a whole
or on the ability of the Buyer or the Regulated Entities to carry on the Business after Completion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) any such conditions that are required to be satisfied before the Controllers' acquisition of control
over the Regulated Entities have been satisfied; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) such approval remains effective in accordance with section 191 of FSMA; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) the assessment period (as defined in section 189(1) of FSMA) (including any extension to that period under
section 190 of FSMA) for the FCA's review of the Controllers' application notices for approval for such acquisition of control
over the Regulated Entities by the Controllers (made under section 178 of FSMA) having elapsed without the FCA having given notice under
either section 189(4)(a) of FSMA or section 189(4)(b) of FSMA to any of the Controllers or informing any of the Controllers that the notice
given by it to the FCA under section 178 of FSMA is incomplete, so that the FCA may be treated under section 189(6) of FSMA as having
approved the acquisition by the Controllers of control over the Regulated Entities,

(together, the "**FCA Condition**"); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Buyer obtaining the Buyer Debt Financing in the form of convertible debt securities of the Buyer's
Guarantor that results in aggregate net proceeds (directly or indirectly) to the Buyer of an amount equal to £185,000,000 (or such
lesser aggregate net proceeds subsequently agreed to by the Buyer and the Buyer's Guarantor) (the "**Financing Condition** "),

(together, the "**Conditions**" and each a "**Condition**").

**Undertakings**

*FCA Change of Control* 

6.2 The parties acknowledge that on 4 March 2026 and in connection with the FCA Condition, the Buyer submitted
a change in control application pursuant to section 178 of the FSMA (along with any necessary supporting documentation) to the FCA in
respect of each Controller.

6.3 The Buyer shall use commercially reasonable efforts to ensure satisfaction of the FCA Condition as soon
as reasonably practicable following the date of this Agreement, which shall include the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) keeping each Sellers' Representative reasonably informed as to progress towards satisfaction of
the FCA Condition and as soon as reasonably practicable, and in any event within two (2) Business Days, notifying each Sellers'
Representative of any material communications with or from the FCA relating to the satisfaction of the FCA Condition; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in the event that the FCA approves the change in control on the part of the Controllers but Completion
does not occur within the period specified by the FCA in its notice of approval, the Buyer shall, in good time prior to the expiry of
such period, make a written request to the FCA that the FCA extends the period specified in such notice of approval. In the event that
Completion does not occur within any such extended period granted by the FCA, the Buyer shall make a further written request to the FCA
until Completion occurs. The Buyer shall provide a copy of each such request to each Sellers' Representative and notify the Sellers'
Representatives of the FCA's response on each occasion.

6.4 Each Executive Seller shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) provide (or procure the provision of) such information in its possession or under its control to the Buyer
as the Buyer may reasonably require in respect of satisfying the FCA Condition;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) respond promptly to the Buyer to any comments, objections, requests for further information or documentation
or enquiries raised by the FCA in connection with the FCA Condition (the "**Required Submissions** ");

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) cooperate in good faith with the Buyer to make the Required Submissions necessary to fulfil the Condition;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) not make any submissions directly to the FCA in relation to the FCA Condition without the consent of the
Buyer (such consent not to be unreasonably withheld or delayed).

6.5 Each of the Buyer and the Executive Sellers shall not make any further application, submission or communication
to the FCA or any Governmental Authority in relation to the subject matter of this Agreement without first providing the other parties
with a copy of such application, submission or communication, redacted at the disclosing party's sole discretion, for commercially
sensitive information, provided that the Regulated Entities may make such notifications to the FCA in relation to the proposed change
in control as they are required to make in accordance with Chapter 11 of the FCA's supervision sourcebook which forms part of the
FCA's handbook of rules and guidance.

6.6 None of the foregoing shall require the Buyer or any member of the Buyer's Group to propose, negotiate,
offer, commit or agree, with the FCA or any other third party, to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) effect, by agreement, order or otherwise, the sale, divestiture, license or disposition of any asset,
undertaking or businesses by any member of the Buyer's Group; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any condition or restriction upon, or amendment to, the capital structure, capital requirements, business
or operations of the Buyer's Group or any member of the Group, including any requirement to contribute or procure the contribution
of capital to any member of the Group to enable any member of the Group to comply with its prudential conditions within the meaning of
section 186(d) of FSMA,

and if any decision notice delivered by the FCA, which would otherwise satisfy clause 6.1(a)(ii) would require any such person to propose, negotiate, offer, commit or agree to any of the foregoing in order for the relevant approval contained within it to be effective, such decision shall not serve to satisfy the FCA Condition unless agreed by the Buyer.

*Financing Condition*

6.7 The Buyer shall, subject to and against the performance by the Executive Sellers and the Company of the
obligations set out in clauses 6.8 and 6.9 (as applicable), use commercially reasonable efforts to ensure satisfaction of the Financing
Condition as soon as reasonably practicable following the date of this Agreement, which shall include the following:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) procuring that the Buyer's Guarantor and any other relevant member of the Buyer's Group (if
applicable):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) arranges one or more financings constituting the Buyer Debt Financing that results in aggregate net proceeds
of an amount equal to £185,000,000 being available to the Buyer at or prior to Completion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) negotiates and enters into the Buyer Debt Financing Documents on terms and conditions that are consistent
with the terms of this Agreement;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) satisfies on a timely basis any conditions precedent to the consummation of the Buyer Debt Financing;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) contributes to the Buyer such amount as is necessary to enable the Buyer to fulfil its obligation to pay
the Estimated Consideration and the Escrow Amount on Completion pursuant to clause 9.6 and paragraph 3.2 Part 2 of Schedule 3; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) keeping each Sellers' Representative informed of material developments in respect of the Financing
Condition, and as soon as reasonably practicable, and in any event within one (1) Business Day, notifying each Sellers' Representative
of the satisfaction of the Financing Condition.

6.8 The Executive Sellers and the Company shall, subject to and against the performance by the Buyer of the
obligations set out in clause 6.7, use commercially reasonable efforts to procure that each other Seller, Group Company, and any directors,
officers, Employees or other representatives and advisers of the Group, provide such assistance and cooperation as the Buyer or any other
member of the Buyer Group may reasonably request to facilitate the Buyer Debt Financing, in each case as is customary in connection with
the arrangement of such Buyer Debt Financing and in each case at the Buyer's sole cost and expense, including (without limitation):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) upon reasonable prior written notice, procuring the participation by appropriate and applicable senior
management of the Group in a telephonic or video conference call with Buyer and its finance provider for the Buyer Debt Financing (including
relevant counsel); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if necessary for the Buyer Debt Financing, facilitating access to the Data Room for the Buyer's
finance provider and their counsel,

provided that nothing in this clause 6.8 shall require the disclosure to the Buyer's finance provider by any Seller or member of the Group of any information relating to such Seller or member of the Group which the Sellers' Representatives (acting jointly and in consultation with the Buyer) reasonably consider (in good faith) to be confidential and/or commercially sensitive, provided further that any information (i) that is in the public domain when it is first disclosed or which subsequently enters the public domain, other than through a breach of any existing undertakings relating to confidentiality of the information; (ii) that is already in the lawful possession of the recipient (other than any information shared solely in connection with this Transaction and not for any broader purpose) or was acquired from a third party who does not owe any Seller or any Group Company any obligations of confidentiality; (iii) that is required to be disclosed pursuant to Applicable Law, or (iv) that any Sellers' Representative has agreed (by way of prior written consent) can be disclosed shall not be subject to this proviso in this clause 6.8, and provided that the Executive Sellers and the Company shall, acting reasonably and in good faith, cooperate with the Buyer to find practical solutions for addressing any information requests by the Buyer's finance provider in connection with the implementation of the Buyer's Debt Financing (taking into account the proposed form, timing, nature and extent of any such disclosures).

6.9 The Company consents to the use of its and its Subsidiaries' logos in connection with the Buyer
Debt Financing so long as the Company has a reasonable opportunity to preview and consent to such use of logos and such logos are used
solely:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in a manner that is not intended to or reasonably likely to harm or disparage the Company or any of its
Subsidiaries or the reputation or goodwill of the Company or any of its Subsidiaries; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in connection with a description of the Company, its Business or the Transaction (including in connection
with any marketing materials related to the Buyer Debt Financing).

**Waiver of the Conditions**

6.10 The parties acknowledge that the Conditions are for the benefit of the Sellers and the Buyer, and accordingly
any Condition may only be waived with the written consent of each Sellers' Representative and the Buyer, but not otherwise.

6.11 The Sellers' Representatives and the Buyer may at any time prior to the Longstop Date extend the
Longstop Date by agreement in writing.

**Termination in the event of non-fulfilment**

6.12 Subject to clauses 6.13 and 7.8, this Agreement (other than the Surviving Provisions, which shall remain
in full force and effect) shall terminate either:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if any Condition becomes incapable of being satisfied in full before 5 pm (GMT) on the Longstop Date (as
may be extended pursuant to clause 6.11) (unless such Condition has been waived pursuant to clause 6.10), upon written notice from the
Sellers' Representatives to the Buyer or from the Buyer to the Sellers' Representatives; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) automatically at 5 pm (GMT) on the Longstop Date, if any Condition has not then been satisfied,

provided that the right to terminate this Agreement under clause 6.12(a) shall not be available:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) to the Buyer if its failure to fulfil any material obligation under this Agreement shall have caused,
or has resulted in, the failure of any Condition to be satisfied on or prior to the Longstop Date (as may be extended pursuant to clause
6.11); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) to the Sellers if their failure to fulfil any material obligation under this Agreement shall have caused,
or has resulted in, the failure of any Condition to be satisfied on or prior to the Longstop Date (as may be extended pursuant to clause
6.11).

6.13 Notwithstanding anything to the contrary in this Agreement (including clause 6.12), if, prior to the Longstop
Date (as may be extended pursuant to clause 6.11), the Financing Condition has not been satisfied in full within twenty (20) Business
Days of the later of (i) all Conditions other than the Financing Condition being satisfied or waived in accordance with this Agreement
and (ii) the expiry of the mandatory blackout period relating to the Buyer's Group on 4 May 2026 (the "**Financing Deadline** "),
then the Sellers' Representative may, upon written notice to the Buyer, terminate this Agreement (other than the Surviving Provisions,
which shall remain in full force and effect), and the Buyer shall, within ten (10) Business Days of receipt of such written notice, pay
(or procure the payment of) an amount equal to £5,000,000 to the Executive Sellers (the "**Break Fee** "), such payment
to be made by way of telegraphic transfer by CHAPS of the Break Fee to the Sellers' Solicitor's Account. The Break Fee shall
be shared between the Executive Sellers in their relevant Executive Sellers' Relevant Proportions. Each of the Executive Sellers
hereby confirms that the Sellers' Solicitors are irrevocably authorised by the Executive Sellers to receive payment in the Sellers'
Solicitor's Account of the Break Fee on the Executive Sellers' behalf and the receipt by the Sellers' Solicitors of
such amount in the Sellers' Solicitor's Account shall be a sufficient discharge for the Buyer of its obligations under this
clause 6.13. The payment of the Break Fee to the Executive Sellers in accordance with this clause 6.13 shall be the Sellers' sole
recourse in the event the Financing Condition is not satisfied by the Financing Deadline. For the avoidance of doubt, a Break Fee shall
not be payable if, at any time prior to the expiry of the Financing Deadline:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a Completion AUM Certificate certifying that a MAC Event has occurred has been provided to the Buyer pursuant
to clauses 7.2, in which case the Buyer shall be entitled to terminate this Agreement in accordance with clause 7.8;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Executive Sellers have breached their obligations to provide a Completion AUM Certificate pursuant
to and in accordance with clause 7.2 where a MAC Event has occurred which would have given rise to the Buyer's termination right
pursuant to clause 7.8; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) there is an ongoing Completion AUM Dispute that is not finally resolved or determined pursuant to clauses
7.4, 7.5, 7.6 or 7.7 (as applicable), provided that, solely in respect of this clause 6.13(c), the Break Fee shall become payable (if
such Break Fee is due to the Sellers in accordance with this clause 6.13) if the final resolution or determination made in accordance
with clauses 7.4, 7.5, 7.6 or 7.7 (as applicable) in respect of such Completion AUM Dispute is that no MAC Event has occurred.

6.14 If this Agreement is terminated pursuant to clauses 6.12 or 6.13, the parties shall not be liable to any
other party under this Agreement or in respect of the subject matter of this Agreement and shall have no further obligations under this
Agreement, except that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Surviving Provisions shall remain in full force and effect; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) for the avoidance of doubt, termination shall be without prejudice to any rights, liabilities or obligations
that have accrued prior to termination (including, for the avoidance of doubt, the Buyer's obligation to pay the Break Fee in accordance
with clause 6.13), or to any other rights or remedies available under this Agreement or at law.

7. Material Adverse Change

7.1 For the purposes of this clause 7, an "**AUM Certificate**" shall be a certificate signed
by the Company's Chief Executive Officer certifying:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Base AUM;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Closing AUM;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Net AUM Outflows;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) whether a MAC Event has occurred; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) all data supporting the information provided in the certificate, including (without limitation) supporting
calculations; summaries of any client withdrawals, redemptions or terminations impacting on the calculation of the Closing AUM; and the
basis for excluding any market fluctuations and foreign exchange / currency fluctuations from the relevant calculations.

7.2 The Executive Sellers shall, no later than eight (8) Business Days prior to the Completion Date and in
any event simultaneously with the Completion Schedule, deliver to the Buyer an AUM Certificate stating the Closing AUM as at the Closing
AUM Test Date, such AUM Certificate to be referred to as the "**Completion AUM Certificate** ".

7.3 The Buyer shall be entitled to review and verify the Completion AUM Certificate, and the Executive Sellers
shall provide the Buyer with reasonable access to the Group's books, records and personnel as may be necessary to enable the Buyer
to conduct such verification.

7.4 If the Buyer disputes (in good faith) the calculations, information and/or conclusions set forth in the
Completion AUM Certificate, in particular with respect to whether or not a MAC Event has occurred, the Buyer shall notify the Sellers'
Representatives in writing within five (5) Business Days of receipt of the Completion AUM Certificate, specifying in reasonable detail
the basis of the dispute (the "**Completion AUM Dispute** "). The Sellers' Representatives and the Buyer shall work
together in good faith to resolve the Completion AUM Dispute within five (5) Business Days' of the Buyer's notice of the Completion
AUM Dispute (or such longer period as the parties may agree in writing). If any matters relating to the Completion AUM Dispute remain
in dispute on the expiry of such time period, then such matters may be referred, on the application of either the Sellers' Representatives
or the Buyer, for determination by an Independent Accountant to act as independent expert to make a final determination as to the Completion
AUM Dispute.

7.5 The Sellers' Representatives and the Buyer shall act in good faith towards each other regarding
the referral of the Independent Accountant and shall use reasonable endeavours to agree with the Independent Accountant the precise terms
of reference to apply to its role under this Agreement as soon as reasonably practicable, such terms of reference to include the general
terms of reference set out Part 2 of Schedule 4 mutatis mutandis (provided that any references therein to the "Completion Accounts"
shall be deemed to instead refer to the "Completion AUM Dispute"). If the terms of reference in relation to the engagement
of such Independent Accountant are not agreed within ten (10) Business Days of the date on which a referral is made pursuant to clause
7.4 (or such longer period as the parties may agree in writing), then the terms of reference upon which such Independent Accountant is
appointed may be unilaterally approved by either party, acting reasonably. In such circumstances, each party agrees that the other party
may sign and deliver, on that party's behalf, any documents including engagement letters, necessary or expedient to the appointment
of the Independent Accountant.

7.6 The parties shall use their best efforts to enable the Independent Accountant to make its determination
(which determination shall, absent manifest error, be final and binding on the parties), within fifteen (15) Business Days of confirmation
by the Independent Accountant of its appointment pursuant to clause 7.5 (or such other period of time as is agreed between the parties
in consultation with the Independent Accountant). The Independent Accountant may call for and inspect such documents as it reasonably
considers necessary in order to make its determination.

7.7 If the Independent Accountant becomes unwilling or incapable of acting, or does not deliver its determination
within the required period, then the Buyer and the Sellers' Representatives shall use all reasonable endeavours to agree the identity
and terms of appointment of a replacement Independent Accountant in accordance with clauses 7.4 and 7.5, and the terms set out in this
clause 7 shall apply to such replacement Independent Accountant as if they were the first Independent Accountant appointed.

7.8 Without prejudice to clauses 6.12, 6.13 or 6.14, if a MAC Event is determined to have occurred in accordance
with this clause 7, then the Buyer shall not be obligated to proceed to Completion and shall be entitled to (in its sole discretion) terminate
this Agreement by giving written notice to the Sellers' Representatives promptly and in any event within ten (10) Business Days
of receiving the Completion AUM Certificate, the resolution of any Completion AUM Dispute pursuant to clause 7.5 or the Independent Accountant's
determination in respect of any Completion AUM Dispute (as applicable) (or such other date as the Buyer and the Sellers' Representatives
may agree in writing).

7.9 Notwithstanding any other term of this Agreement, and without prejudice to any rights, liabilities or
obligations that have accrued prior to termination, in the event that the Buyer terminates this Agreement in accordance with clause 7.8,
the Buyer's sole remedy in respect of any such MAC Event shall be termination of this Agreement and the Sellers shall have no further
liability in relation thereto (whether as a matter of contract or otherwise).

7.10 Each Seller undertakes to the Buyer that, during the period from (but excluding) the date of this Agreement
until (and including) the Closing AUM Test Date (the "**Testing Period** "), they shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) act in good faith in relation to the calculation and monitoring of AUM, Net AUM Outflows and the determination
of whether a MAC Event has occurred; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) not contribute (or procure the contribution of) any assets owned by any Seller or any Affiliate of any
Seller to any Group Fund, model portfolio, third party discretionary mandate or AMC where the purpose (which need not be the sole or primary
purpose) of doing so is to affect the measurement of Net AUM Outflows and/or Closing AUM.

7.11 If, at any time during the Testing Period, there is:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a material decrease in net in-flows; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a material increase in net out-flows,

which the Sellers' Representatives reasonably consider requires remediation (particularly where the then-current market conditions would not be expected to naturally correct such decrease or increase), then the Sellers' Representatives and the Buyer shall discuss in good faith and acting reasonably what remediation (if any) is appropriate in the circumstances. For the avoidance of doubt, any material decrease in net in-flows or material increase in net out-flows referred to in this clause 7.11 shall not, in and of itself, constitute a MAC Event and a MAC Event shall only be capable of occurring, and shall be determined solely, in accordance with the definition of "MAC Event" and the provisions of this clause 7.

7.12 For the avoidance of doubt, nothing in clause 7.11 shall limit or affect the Buyer's rights under
clause 7.8 in the event that a MAC Event is determined to have occurred in accordance with this clause 7.

8. Position Pending Completion

8.1 Between the date of this Agreement and Completion:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) each Management Seller and Growth Share Seller severally undertakes to the Buyer that he, she or it shall,
to the extent that he, she or it is able and legally permitted or entitled to do so by exercising his, her or its rights as a shareholder,
director and/or employee of the Group (as applicable), procure that the business of each Group Company is carried on in all material respects
in the ordinary course (in compliance with Applicable Law) and that each Group Company complies with the provisions of Schedule 7; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) each Investor Seller severally undertakes to the Buyer that he or it shall, to the extent that he or it
is able and legally permitted or entitled to do so by exercising his or its rights as a shareholder or as director on the board of any
Group Company (subject to any relevant fiduciary duties), procure that none of the actions or steps referred to in Schedule 7 are approved.

8.2 Clause 8.1 does not apply in respect of, and shall not operate to restrict or prevent any action or omission:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any matter expressly permitted by, or necessary for the performance of, any Transaction Document;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) required to be taken in order to comply with any Applicable Law that is binding on any Seller or Group
Company;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) required to fulfil an obligation of a Group Company existing at the date of this Agreement (to the extent
such obligation is Disclosed (as defined in the Management Warranty Deed) to the Buyer);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any matter reasonably undertaken by any Group Company in a bona fide emergency or disaster situation which
is outside of the control of, and unrelated to any act or omission of, the Group or any of the Sellers, but only to the extent necessary
to mitigate any adverse effect of such situation in relation to the Group and any Seller (in its capacity as a shareholder of the Group),
as determined by the board of directors of the Company; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) undertaken at the written request or with the written consent of the Buyer (such consent not to be unreasonably
withheld, conditioned or delayed).

8.3 In the event that the Buyer does not respond to a request for consent pursuant to clause 8.2 within five
(5) Business Days, the Buyer shall be automatically deemed to not have consented to such matter. For purposes of this clause 8.3, any
request for consent shall be submitted to Bryan Governey at [\*\*\*] with a copy (not constituting notice) to Gemma Roberts at [\*\*\*].

***Minimum Regulatory Capital***

8.4 The Sellers undertake to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) maintain (or procure the maintenance of) such amount of regulatory capital as the Group shall be required
to maintain in accordance with Applicable Law during the period between the date of this Agreement and the Completion Date; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) deliver (or procure the delivery of) the Minimum Regulatory Capital, *plus* an amount equal to 20%
of the Minimum Regulatory Capital amount, at Completion.

***SEC Filings***

8.5 In the period prior to Completion, the Executive Sellers shall provide such assistance as the Buyer may
reasonably request (at the Buyer's sole cost) in connection with the preparation of the Buyer's (or any other member of the
Buyer's Group) SEC filings (including but not limited to annual reports on form 10-K; quarterly reports on form 10-Q or current
reports on form 8-K) for the year ending 31 December 2026 insofar as such filings or reports relate to the terms of this Agreement, including
but not limited to allowing the Buyer or such member of the Buyer's Group (and their advisers and agents) access, during normal
business hours and upon reasonable written notice (being not less than five (5) Business Days), to all books, records and documents relating
to the accounting or financial position of the Group, provided that nothing in this clause 8.5 shall require the disclosure by any Seller
or any member of the Group of any information relating to any Seller or any member of the Group which the Sellers' Representatives
(acting jointly and in consultation with the Buyer) reasonably consider (in good faith) to be confidential and/or commercially sensitive,
provided further that any information (i) that is in the public domain when it is first disclosed or which subsequently enters the public
domain, other than through a breach of any existing undertakings relating to confidentiality of the information; (ii) that is already
in the lawful possession of the recipient (other than any information shared solely in connection with this Transaction and not for any
broader purpose) or was acquired from a third party who does not owe any Group Company any obligations of confidentiality; (iii) that
is required to be disclosed pursuant to Applicable Law; or (iv) that any Sellers' Representative has agreed (by way of prior written
consent) can be disclosed shall not be subject to this clause 8.5, and provided that the Executive Sellers shall, acting reasonably and
in good faith, cooperate with the Buyer to find practical solutions for addressing any information requests by the Buyer in connection
with its (or any member of the Buyer's Group's) SEC filings (taking into account the proposed form, timing, nature and extent
of any such disclosures).

***Pre-Completion Dividend***

8.6 The parties acknowledge that it is intended that a dividend is declared and paid by the Company prior
to Completion (the "**Pre-Completion Dividend**") to the Sellers (or such of them who are entitled to receive it in accordance
with the rights attaching to their Shares pursuant to the Company's articles of association and the Existing Shareholders'
Agreement) and such Sellers shall be entitled to retain the benefit of such Pre-Completion Dividend.

8.7 The Pre-Completion Dividend shall be in an amount determined by the Executive Sellers and the board of
directors of the Company (each acting reasonably and in good faith) in accordance with the Pre-Completion Dividend Principles, provided
that such Pre-Completion Dividend shall exclude any of the following amounts, which shall be retained by the Company:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) such amount required by the Company to satisfy any liabilities that have accrued but not yet been satisfied
as of the date of the Pre-Completion Dividend; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) such amount required to satisfy the Sellers' obligations in respect of the Minimum Regulatory Capital
pursuant to clause 8.4.

8.8 The Sellers' Representatives shall promptly, and in any event within two (2) Business Days of determining
the Pre-Completion Dividend pursuant to clause 8.7, notify the Buyer in writing of the amount of the Pre-Completion Dividend and provide
reasonable details supporting the calculation of such amount (including any supporting information in respect of the Pre-Completion Dividend
Principles applied in determining such amount). The Buyer shall be entitled to review and agree with the Sellers' Representatives
(in writing, email being sufficient) the amount of the Pre-Completion Dividend in line with the Pre-Completion Dividend Principles.

8.9 The Executive Sellers shall procure that the Company shall declare and pay the Pre-Completion Dividend
(and that each other member of the Group shall declare and pay such dividends to its parent company as is necessary to facilitate the
declaration and payment of the Pre-Completion Dividend), in each case no later than one (1) Business Day prior to Completion, provided
that the Pre-Completion Dividend shall not be declared or paid unless and until the Sellers' Representatives and the Buyer have
agreed on the amount of the Pre-Completion Dividend in accordance with clause 8.8.

***Umbrella Fund Instrument of Incorporation***

8.10 The Management Sellers undertake to, promptly following the date of this Agreement, use all commercially
reasonable efforts to take the following steps to amend the Instrument of Incorporation to remove the requirement for majority shareholder
approval in connection with any change made by the Umbrella Fund to the Manager or Depository (as these terms are defined in the Instrument
of Incorporation) of the Umbrella Fund:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) seek the approval of the board of directors of the Umbrella Fund in respect of the proposed amendments
to the Instrument of Incorporation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) call an extraordinary general meeting of the shareholders of the Umbrella Fund in accordance with the
rules and procedures set out in the Instrument of Incorporation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) following the extraordinary general meeting, submit a filing to the Central Bank of Ireland confirming
the amendments made to the Instrument of Incorporation.

8.11 For the avoidance of doubt, Completion shall not be contingent or dependent on the completion of the steps
referenced in clause 8.10.

***No Ability to Control***

8.12 In no circumstances is this clause 8 intended to allow the Buyer the ability to control the Company or
any Group Company.

9. Completion

9.1 Completion shall take place remotely (or at such other place or by such other method as the parties may
agree) on, subject to clause 9.2, the twelfth (12<sup>th</sup>) Business Day following the date on which the final Condition is waived
or satisfied in accordance with this Agreement unless another date is agreed in writing between the Buyer and the Sellers' Representatives
(the "**Completion Date** ").

9.2 The parties acknowledge that in the event all Conditions have been satisfied or waived in accordance with
this Agreement but a Completion AUM Dispute is pending, then Completion shall be delayed until such time as the Completion AUM Dispute
is resolved or finally determined in accordance with clause 7, and Completion shall take place as soon as reasonably practicable following
such resolution or final determination.

9.3 At least eight (8) Business Days prior to the Completion Date, the Sellers shall deliver to the Buyer
a schedule prepared in good faith and calculated in accordance with Schedule 4 (the "**Completion Schedule**") setting
out, together with supporting information and calculations showing how each has been derived:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Estimated Cash;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Estimated Debt;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Estimated Net Working Capital and the resulting Estimated Net Working Capital Adjustment;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the Minimum Regulatory Capital;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the Sellers' Transaction Costs;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the Pre-Completion Dividend;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) the amount outstanding in respect of the WCLs and the WCL Consideration; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) any other applicable adjustments that may arise between the date of this Agreement and the date on which
the Completion Schedule is to be delivered (and as agreed between the Sellers' Representatives and the Buyer),

in each case, as at the Relevant Time.

9.4 The Buyer and the Sellers' Representatives shall use reasonable endeavours to agree in good faith
the amounts set out in the Completion Schedule (and the items set out therein) prior to the Completion Date. For the avoidance of doubt,
if the Buyer and the Sellers Representative cannot so agree, the parties shall, other than in case of manifest error, proceed to Completion
on the basis of the amounts set out in the Completion Schedule delivered by the Sellers in accordance with clause 9.3.

9.5 The EBT Trustee agrees and acknowledges that an amount equal to the EBT Costs shall be applied in full
and final settlement of the EBT's costs, expenses and fees (together with the fees of their legal advisers and any other disbursements
and expenses incurred in connection with the Transaction and the operation and winding up of the EBT) at or following Completion.

9.6 On Completion, the Sellers, the EBT Trustee and the Buyer shall perform, or procure the performance of,
their respective obligations in relation to the sale and purchase of the Shares in accordance with and as set out in Schedule 3.

9.7 If Completion does not take place on the scheduled Completion Date as envisaged pursuant to clause 9.1:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) because the Buyer fails to fulfil or comply with any of its obligations under this clause 9, the Sellers'
Representatives may by Notice to the Buyer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) proceed to Completion as far as reasonably practicable, provided that the Buyer shall use all reasonable
endeavours to procure that such obligation(s) is fulfilled as soon as practicable following Completion and in any event within two (2)
months after Completion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) defer Completion to a date falling not more than one (1) month after the date on which Completion should
have taken place in accordance with clause 9.3 but for the default in question, in which case the provisions of this Agreement shall apply
as if that other date is the Completion Date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) subject to Completion having been deferred at least once in accordance with clause 9.7(a)(ii) above, terminate
this Agreement (other than the Surviving Provisions), and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) because any of the Sellers or the EBT Trustee fails to fulfil or comply with any of its obligations under
this clause 9, the Buyer may by Notice to the Sellers' Representatives:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) proceed to Completion as far as reasonably practicable, provided that the Sellers and the EBT Trustee
shall use all reasonable endeavours to procure that such obligation(s) is fulfilled as soon as practicable following Completion and in
any event within two (2) months after Completion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) defer Completion to a date falling not more than one (1) month after the date on which Completion should
have taken place in accordance with clause 9.3 but for the default in question, in which case the provisions of this Agreement shall apply
as if that other date is the Completion Date; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) subject to Completion having been deferred at least once in accordance with clause 9.7(b)(ii) above, terminate
this Agreement (other than the Surviving Provisions),

in each case, without limiting its rights and remedies under this Agreement or by law to, amongst other things, claim for damages.

10. Completion Accounts and Consideration Adjustments

10.1 The Completion Accounts shall be prepared in accordance with the provisions of Schedule 4.

10.2 If:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Final Consideration is greater than the Estimated Consideration, the Buyer shall pay to the Sellers,
as an increase to the Consideration, an amount equal to the difference between the Final Consideration and the Estimated Consideration;
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Final Consideration is less than the Estimated Consideration, the Sellers shall pay to the Buyer,
as a decrease to the Consideration, an amount equal to the difference between the Estimated Consideration and the Final Consideration,

then the Buyer or the Sellers (as the case may be) shall pay such difference to the Sellers or the Buyer (as the case may be) in accordance with this clause 10.2 and clause 10.4 below. For the avoidance of doubt, if the Final Consideration is equal to the Estimated Consideration, there shall be no amount payable by either the Buyer or the Sellers pursuant to this clause 10.

10.3 The parties agree that an Escrow Account will be established by the parties prior to Completion, and on
Completion, the Buyer shall deposit the Escrow Amount into the Escrow Account. The parties undertake to procure that the Escrow Agent
operate the Escrow Account in accordance with the provisions of clause 10.4 and in accordance with the Escrow Agreement.

10.4 If:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) a price adjustment is required in respect of clause 10.2(a) above then:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Final Consideration shall be treated as increased by the amount by which the Estimated Consideration
is less than the Final Consideration (such excess being the "**Additional Consideration** "); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the following shall occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) if the Additional Consideration is equal to or less than the Escrow Amount, the Sellers' Representatives
and the Buyer shall jointly instruct the Escrow Agent, within ten (10) Business Days after the Determination Date and pursuant to the
Escrow Agreement, to: (i) pay to the Sellers (in their Relevant Proportions) out of the Escrow Account (as soon as reasonably practicable
following notification that it is payable) an amount equal to the Additional Consideration; and (ii) release to the Sellers (in their
Relevant Proportions) out of the Escrow Account (as soon as reasonably practicable following notification that it is payable) any amount
still standing to the credit of the Escrow Account (together with interest credited to the Escrow Account in respect of such amount);
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) if the amount of the Additional Consideration exceeds the amount standing to the credit of the Escrow
Account (the "**Shortfall** "), then, within ten (10) Business Days after the Determination Date: (i) the Sellers'
Representatives and the Buyer shall jointly instruct the Escrow Agent, pursuant to the Escrow Agreement, to pay to the Sellers (in their
Relevant Proportions) out of the Escrow Account (as soon as reasonably practicable following notification that it is payable) an amount
equal to the Escrow Amount; and (ii) the Buyer shall pay an amount equal to the Shortfall to the Sellers (in their Relevant Proportions)
in cash; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) a price adjustment is required in respect of clause 10.2(b) above then:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) the Final Consideration shall be treated as decreased by the amount by which the Final Consideration is
less than the Estimated Consideration (such difference being the "**Consideration Reduction Amount** "); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the following shall occur:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) if the Consideration Reduction Amount is equal to or less than the Escrow Amount, the Sellers' Representatives
and the Buyer shall jointly instruct the Escrow Agent, within ten (10) Business Days after the Determination Date and pursuant to the
Escrow Agreement, to pay to the Buyer (or as it may direct) out of the Escrow Account (as soon as reasonably practicable following notification
that it is payable), an amount equal to the Consideration Reduction Amount; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) if the Consideration Reduction Amount exceeds the amount standing to the credit of the Escrow Account,
the Sellers' Representatives and the Buyer shall jointly instruct the Escrow Agent, within ten (10) Business Days after the Determination
Date and pursuant to the Escrow Agreement, to pay to the Buyer (or as it may direct) out of the Escrow Account (as soon as reasonably
practicable following notification that it is payable) the entire balance of the Escrow Account.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) For the avoidance of doubt, nothing in this Agreement shall prevent the Buyer from pursuing the Sellers
for the amount by which the Consideration Reduction Amount exceeds any payment made to the Buyer out of the Escrow Account in accordance
with clause 10.4(b)(ii) (the "**Excess**") and such Excess shall be due and payable by the Sellers (in their Relevant Proportions)
to the Buyer within ten (10) Business Days of the Determination Date. Any payment made in accordance with this clause 10.4(b)(iii) shall
(to the extent permitted by Applicable Law) be treated as a reduction of the Final Consideration; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) if any balance of the Escrow Amount remains in the Escrow Account after the amounts payable to the Buyer
under clause 10.4(b)(ii) have been paid in full, then the Sellers' Representatives and the Buyer shall jointly instruct the Escrow
Agent, within ten (10) Business Days after the Determination Date and pursuant to the Escrow Agreement, to pay such balance of the Escrow
Account (as soon as reasonably practicable following notification that it is payable) to the Sellers (in their Relevant Proportions) (together
with interest credited to the Escrow Account in respect of that amount); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the Estimated Consideration is equal to the Final Consideration, then there will be no adjustment to the
Final Consideration and the Sellers' Representatives and the Buyer shall instruct the Escrow Agent, within ten (10) Business Days
after the Determination Date and pursuant to the Escrow Agreement, to pay to the Sellers (in their Relevant Proportions) out of the Escrow
Account (as soon as reasonably practicable following notification that it is payable), the balance of the Escrow Account (together with
interest credited to the Escrow Account in respect of such amount),

and, in respect of any interest accruing on sums in the Escrow Account, the Sellers Representatives and the Buyer shall jointly instruct the Escrow Agent to allocate and distribute such interest between the Buyer and the Sellers in the same proportions as the Escrow Amount is required to be distributed in accordance with this clause 10.4.

10.5 Save where the contrary is expressly stated, the agreement or determination of the Completion Accounts
in accordance with this Agreement does not constitute or operate as a waiver of any other rights, powers or remedies of the Buyer or the
Sellers or of any other provision of this Agreement and does not preclude the exercise of any other right, power of remedy of the Buyer
or the Sellers arising under this Agreement or otherwise.

10.6 The Buyer shall bear 100% of the fees (and any applicable taxes) payable to the Escrow Agent in respect
of the Escrow Account.

10.7 Any payments to be made pursuant to clauses 10.2 and 10.4 to the Sellers shall be satisfied by payment
in cash by the Escrow Agent (pursuant to the Escrow Agreement and clause 10.4) to the Sellers in their Relevant Proportions (and for the
avoidance of doubt, such payment shall be made pursuant to clause 10.8).

10.8 Each of the Sellers hereby confirms that the Sellers' Solicitors are irrevocably authorised by the
Sellers to receive payment of any amount due to the Sellers pursuant to this clause 10 on the Sellers' behalf and the receipt by
the Sellers' Solicitors of such amounts in the Sellers' Solicitor's Account shall be a sufficient discharge for the
Buyer of its obligations under this clause 10.

10.9 The Buyer hereby confirms that the receipt by the Buyer of any payment of any amount due to the Buyer
pursuant to this clause 10 shall be a sufficient discharge for the Sellers of their obligations under this clause 10.

10.10 The Escrow Amount shall only be used for the purposes of any adjustments to the Consideration in accordance
with clause 10.2. For the avoidance of doubt, any Claims arising in connection with this Agreement shall not be limited in any way by
the Escrow Amount (or the release thereof pursuant to clause 10.4).

11. Sellers' Warranties

11.1 Each Seller, individually, severally and in respect of itself and its Shares only, warrants to the Buyer
in terms of the Title Warranties set out in Part 1 of Schedule 5 as (i) at the date of this Agreement and (ii) at the Completion Date
(by reference to the facts and circumstances then existing), subject in each case to the exclusions, limitations and qualifications set
out in this clause 11, clauses 23 and 25 and Schedule 8 (in each case to the extent expressly set out therein).

11.2 The EBT Trustee warrants to the Buyer in terms of the Title Warranties set out in Part 2 of Schedule 5
as (i) at the date of this Agreement and (ii) at the Completion Date (by reference to the facts and circumstances then existing), subject
in each case to the exclusions, limitations and qualifications set out in this clause 11, clauses 23 and 25 and clause 4 (in each case
to the extent expressly set out therein).

11.3 The Individual Guarantor warrants to each Seller in terms of the warranties set out in Part 3 of Schedule
5 as (i) at the date of this Agreement and (ii) at the Completion Date (by reference to the facts and circumstances then existing).

12. Buyer's Warranties and Buyer's Guarantor's Warranties

12.1 The Buyer warrants to each Seller in terms of the Buyer's Warranties as (i) at the date of this
Agreement and (ii) at the Completion Date (by reference to the facts and circumstances then existing).

12.2 The Buyer's Guarantor warrants to each Seller in terms of the Buyer's Guarantor's Warranties
as (i) at the date of this Agreement and (ii) at the Completion Date (by reference to the facts and circumstances then existing).

13. Restrictive Covenants

13.1 In order to protect the Confidential Information, trade secrets and business connections of the Group:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Management Sellers, the Individual Guarantor and the Growth Share Sellers severally covenant with
the Buyer (for itself and on behalf of the Company) that they shall not, whether directly or indirectly, on their own behalf or on behalf
of or in conjunction with any other person, firm, company or other entity, for (i) in the case of the Management Sellers and the Individual
Guarantor, a period of thirty-six (36) months from Completion and (ii) in the case of the Growth Share Sellers, the relevant Restricted
Period attributable to that Growth Share Seller:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) carry on, set up or be concerned or interested or participate in any business within the Restricted Territory
which, as at the Completion Date, competes with the Business or any relevant part thereof, including in respect of any services or products
which are in development or contemplated by the board of directors or the senior management team of any Group Company as at Completion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) solicit or induce (or attempt to solicit or induce) any person for the purpose (which need not be the
sole or primary purpose) of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(A) causing any clients with respect to which any Group Company provides defined outcome investment strategies,
structured product and liquid alternative investment solutions or discretionary investment management services (directly or indirectly
(including in respect of any Group Fund in which a client is invested)) to withdraw or reduce the use of such services;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(B) causing any client not to engage a Group Company to provide, directly or indirectly, defined outcome investment
strategies, structured product and liquid alternative investment solutions or discretionary investment management services or otherwise
not invest or increase an existing investment in any Group Fund;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(C) otherwise divert or take away (or attempt to divert or take away) any clients with respect to which any
Group Company provides, directly or indirectly, defined outcome investment strategies, structured product and liquid alternative investment
solutions or discretionary investment management services; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(D) to the extent not captured in limbs (A)-(C) above, providing any client with any services or products
(including any defined outcome investment strategies, structured product solutions or discretionary investment management services) which
are competitive with those supplied as part of the Business; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) solicit, entice or knowingly encourage away from the Company any person who is at the relevant time and/or
was at any time in the twelve (12) month period ending on Completion an Employee; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Investor Sellers severally covenant with the Buyer (for itself and on behalf of the Company) that
they shall not, and, in respect of QPIV only, shall procure that all members of the QPIV Group shall not, whether directly or indirectly,
on their own behalf or on behalf of or in conjunction with any other person, firm, company or other entity, for a period of eighteen (18)
months from Completion solicit, entice or knowingly encourage away from the Company any person who is at the relevant time and/or was
at any time in the twelve (12) month period ending on Completion an Employee,

in each case without the Buyer's prior written consent.

13.2 For the purposes of clause 13.1(a)(i), a Covenantor is concerned or interested in a business if he, she
or it:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) carries on such business as principal or agent;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if he, she or it has any financial interest in any person who is carrying on such business; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) he, she or it is a partner, director, employee or consultant in, of or to any person carrying on such
business.

13.3 Nothing in this clause 13 shall prohibit any Covenantor from:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) holding any units of any authorised unit trust or shares quoted or dealt in on a recognised investment
exchange (as defined in the FSMA) as long as not more than three (3) per cent. of the shares of any class of any particular company is
so held;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) performing his or her duties as a director, officer, employee or consultant of a member of the Buyer's
Group; and/or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) employing any person who responds to a non-targeted recruitment search or other advertisement generally
available to members of the public, provided that such response was not solicited or induced directly or indirectly by that Covenantor.

13.4 The Covenantors and the Buyer mutually covenant to each other that they shall not do or say anything which
he/she/it knows or ought reasonably to have known would or may be harmful to the goodwill or reputation of another party, the Company
or any other member of the Buyer's Group, provided that nothing in this clause 13.4 shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) preclude any party from:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) enforcing such party's rights under this Agreement or any other Transaction Document; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) making any truthful statements or disclosures as required under Applicable Law or pursuant to any Proceedings;
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) restrict any truthful statements or actions by the Buyer or any member of the Buyer's Group that
are reasonably necessary to lawfully and properly operate or manage the Business following Completion.

13.5 The restrictions in this clause 13 are considered by the parties (each party having taken, or having had
an opportunity to take, independent legal advice) to be fair and reasonable for the legitimate protection of the Business and goodwill
of the Buyer and the Company but each of them is separate and severable. If any such restriction is considered by a court to be void or
unenforceable but would be valid if part of the wording included in such restriction was deleted such restriction will apply with such
deletions as may be necessary to make it valid and enforceable.

14. Lakeaus's Guarantee

14.1 In this clause 14, "**Guaranteed Obligations**" means all present and future obligations,
commitments, undertakings, warranties, indemnities, covenants and liabilities of or given by Lakeaus Pty Ltd ()"**Lakeaus** "),
in its capacity as a Management Seller, to the Buyer under this Agreement and any other Transaction Document or any Sellers' Completion
Document to which Lakeaus is or will be a party.

14.2 In consideration of the Buyer entering into this Agreement, the Individual Guarantor unconditionally and
irrevocably guarantees to the Buyer as a continuing obligation that he:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) shall procure that Lakeaus duly and punctually performs all of its Guaranteed Obligations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if and whenever Lakeaus defaults for any reason in the performance of any of its Guaranteed Obligations,
he shall immediately on demand perform (or procure the performance of) and satisfy (or procure the satisfaction of) such Guaranteed Obligation(s)
in the manner set out in this Agreement, other relevant Transaction Document or the relevant Sellers' Completion Document (as applicable)
as if he were the principal obligor, and so that the same benefits shall be conferred on the Buyer as would have been conferred on it
had such Guaranteed Obligation been duly performed and satisfied by Lakeaus; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) agrees, as an independent and primary obligation, to indemnify and keep indemnified the Buyer, on an after-tax
basis, against all losses, costs, claims, demands, expenses and other liabilities which it reasonably incurs or suffers from time to time
arising out of or in connection with any Guaranteed Obligation being or becoming illegal, invalid or unenforceable on any grounds, provided
that the amount payable by the Individual Guarantor under this indemnity will not exceed the amount he would have had to pay under this
clause 14.2 if the amount claimed had been recoverable on the basis of a guarantee.

14.3 If any payment made by the Individual Guarantor results in a subrogation right or other right of recourse
against Lakeaus for the Individual Guarantor, this right will not be exercised to the disadvantage of the Buyer.

14.4 The liability of the Individual Guarantor under this clause 14 shall not be discharged or impaired by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any amendment, variation or assignment of this Agreement, other relevant Transaction Document or the relevant
Sellers' Completion Document (as applicable) or any waiver of the relevant agreement's or document's terms;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any release of, or granting of time, or other indulgence which the Buyer may grant to Lakeaus or any third
party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any winding up, dissolution, reconstruction, legal limitation, incapacity or lack of corporate power or
authority or other circumstances affecting Lakeaus; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any other act, event, neglect or omission (whether or not known to Lakeaus, the Buyer or the Individual
Guarantor) which would or reasonably could (but for this clause) operate to impair or discharge the Individual Guarantor's liability
or afford the Individual Guarantor or Lakeaus any legal or equitable defence.

14.5 Until all of the Guaranteed Obligations of Lakeaus have been unconditionally and irrevocably discharged,
the Individual Guarantor agrees that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) he will not make demand for the payment of any sum from Lakeaus connected with or in relation to the sum
demanded by the Buyer, or claim any set-off or counterclaim against Lakeaus;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if Lakeaus is bankrupt, insolvent or in liquidation, the Individual Guarantor will not prove in any such
bankruptcy, insolvency or liquidation in competition with the Buyer (to the extent legally permissible under relevant Applicable Laws);
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) to the extent legally permissible under relevant Applicable Laws, any security taken by the Individual
Guarantor from Lakeaus in consideration of this guarantee and any money received by the Individual Guarantor by proving in the bankruptcy,
insolvency or liquidation of Lakeaus shall be held on trust absolutely for the Buyer in respect of the obligations of the Individual Guarantor
under this clause 14.

14.6 The guarantees and indemnities provided by the Individual Guarantor pursuant to this clause 14 shall terminate
when all of the Guaranteed Obligations of Lakeaus have been unconditionally and irrevocably discharged, or expire, in accordance with
the terms of this Agreement, the relevant other Transaction Document or relevant Sellers' Completion Document (as applicable).

14.7 The maximum aggregate liability of the Individual Guarantor under this clause 14 shall not exceed an amount
equal to the Consideration paid to Lakeaus pursuant to this Agreement, provided that this limit shall exclude the amount of all properly
incurred fees, costs and expenses payable by the Buyer in connection with seeking enforcement of the guarantee under this clause 14.

15. Buyer's Guarantee

15.1 In this clause 15, "**Buyer Guaranteed Obligations**" means all present and future
payment and other financial obligations of or given by the Buyer to the Sellers (or any of them) under this Agreement and any other Transaction
Document to which the Buyer is or will be a party.

15.2 In consideration of the Sellers entering into this Agreement, the Buyer's Guarantor unconditionally
and irrevocably guarantees to the Sellers as a continuing obligation that it:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) shall procure that the Buyer duly and punctually performs all of its Buyer Guaranteed Obligations;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if and whenever the Buyer defaults for any reason in the performance of any of its Buyer Guaranteed Obligations,
it shall immediately on demand perform (or procure the performance of) and satisfy (or procure the satisfaction of) such Guaranteed Obligation(s)
in the manner set out in this Agreement and other relevant Transaction Document (as applicable) as if it were the principal obligor, and
so that the same benefits shall be conferred on the Sellers as would have been conferred on it had such Buyer Guaranteed Obligation been
duly performed and satisfied by the Buyer; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) agrees, as an independent and primary obligation, to indemnify and keep indemnified the Sellers, on an
after-tax basis, against all losses, costs, claims, demands, expenses and other liabilities which it reasonably incurs or suffers from
time to time arising out of or in connection with any Buyer Guaranteed Obligation being or becoming illegal, invalid or unenforceable
on any grounds, provided that the amount payable by the Buyer Guarantor under this indemnity will not exceed the amount it would have
had to pay under this clause 15.2 if the amount claimed had been recoverable on the basis of a guarantee.

15.3 If any payment made by the Buyer Guarantor results in a subrogation right or other right of recourse against
the Buyer for the Buyer's Guarantor, this right will not be exercised to the disadvantage of the Sellers (or any of them).

15.4 The liability of the Buyer Guarantor under this clause 15 shall not be discharged or impaired by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) any amendment, variation or assignment of this Agreement or any other relevant Transaction Document (as
applicable) or any waiver of the relevant agreement's or document's terms;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) any release of, or granting of time, or other indulgence which the Sellers (or any of them) may grant
to the Buyer or any third party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any winding up, dissolution, reconstruction, legal limitation, incapacity or lack of corporate power or
authority or other circumstances affecting the Buyer; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) any other act, event, neglect or omission (whether or not known to any Seller, the Buyer or the Buyer's
Guarantor) which would or reasonably could (but for this clause) operate to impair or discharge the Buyer's Guarantor's liability
or afford the Buyer's Guarantor or Buyer any legal or equitable defence.

15.5 Until all of the Buyer Guaranteed Obligations have been unconditionally and irrevocably discharged, the
Buyer's Guarantor agrees that:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) it will not make demand for the payment of any sum from the Buyer connected with or in relation to the
sum demanded by the Sellers (or any of them), or claim any set-off or counterclaim against the Buyer;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if the Buyer is bankrupt, insolvent or in liquidation, the Buyer's Guarantor will not prove in any
such bankruptcy, insolvency or liquidation in competition with the Sellers (or any of them) (to the extent legally permissible under relevant
Applicable Laws); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) to the extent legally permissible under relevant Applicable Laws, any security taken by the Buyer Guarantor
from the Buyer in consideration of this guarantee and any money received by the Buyer's Guarantor by proving in the bankruptcy,
insolvency or liquidation of the Buyer shall be held on trust absolutely for the Sellers in respect of the obligations of the Buyer's
Guarantor under this clause 15.

15.6 The guarantees and indemnities provided by the Buyer's Guarantor pursuant to this clause 15 shall
terminate when all of the Buyer Guaranteed Obligations have been unconditionally and irrevocably discharged, or expire, in accordance
with the terms of this Agreement or the relevant other Transaction Document (as applicable).

15.7 The maximum aggregate liability of the Buyer's Guarantor under this clause 15 shall not exceed an
amount equal to the amounts payable by the Buyer pursuant to this Agreement, provided that this limit shall exclude the amount of all
properly incurred fees, costs and expenses payable by the Sellers in connection with seeking enforcement of the guarantee under this clause
15. 16. Post-Completion Undertakings

***Access to Records***

16.1 From Completion and for a period of six (6) years from the end of the fiscal year in which the Completion
Date falls, upon providing the Buyer or a member of the Buyer's Group reasonable written notice (being not less than five (5) Business
Days) and during normal business hours, each Executive Seller (or the employees, agents and professional advisers of any Executive Seller
(if applicable)) shall, at their sole cost and expense, be granted access to all books, records and documents relating to the Taxation
of each Group Company as at Completion and retained by the Group Company (the "**Historic Records**") and the right to
inspect the same but solely to the extent that the relevant Executive Seller (acting reasonably) requires access to such Historic Records
for the purposes of: (i) completing its relevant tax returns or other Tax filings (ii) agreeing its relevant tax returns or other Tax
filings with the relevant Taxation Authority or (iii) dealing with any material claim, assessment or enquiry by a Taxation Authority from
which it appears that such Executive Seller (or a member of their group, if applicable) is, or may become, subject to Tax.

***Waivers***

16.2 Each Seller undertakes not to make a claim or commence any claim, demand, proceedings, cause of action
or order against any member of the Buyer's Group or the Company or any person who was at any time prior to Completion an employee,
officer or director of any Group Company (a "**Buyer Covered Person**") in respect of any pre-Completion misrepresentation,
inaccuracy or omission in any information, opinion or advice supplied (or omitted to be supplied) in connection with the Transaction (each
a "**Covered Claim**") and each Seller waives, releases and discharges the Company and each Buyer Covered Person from
any and all Covered Claims occurring on or before Completion, provided that nothing in this clause 16.2 shall limit the ability of a Seller
to bring any such claim against a Buyer Covered Person in the case of fraud or fraudulent misrepresentation.

16.3 The Buyer undertakes not to make any claim or commence any claim, demand, proceedings, cause of action
or order against any person who was at any time prior to Completion a director, officer or employee of any Group Company (each a "**Seller Covered Person**") in respect of any pre-Completion misrepresentation, inaccuracy or omission in any information, opinion or advice
supplied (or omitted to be supplied) by or on behalf of the Company in connection with the Transaction, except to the extent such claim
would be recoverable under the express terms of this Agreement or any other Transaction Document, provided that nothing in this clause
16.3 shall limit the ability of the Buyer or any member of the Buyer's Group to bring any claim in connection with this Transaction:
(i) against any Seller Covered Person in the case of fraud or fraudulent misrepresentation; or (ii) any adviser to the Company or any
Seller, to the extent it has prepared a report or other documentation for the specific benefit of the Buyer, a member of the Buyer's
Group or the Company in connection with the Transaction (subject always to the terms of any reliance letter entered into between the Buyer
(or a member of the Buyer's Group) and the relevant adviser and/or the terms of engagement of such adviser).

***WCLs***

16.4 The parties acknowledge that, as at the date of this Agreement, Atlantic House Group Limited has the benefit
of a receivable in the aggregate amount of approximately £851,542 relating to the amounts outstanding pursuant to the WCLs.

16.5 Following Completion and subject to clause 16.6, the Buyer undertakes to the WCL Seller to, as soon as
reasonably practicable following the end of a quarter (with the first such quarter commencing on the Completion Date and subsequent quarters
running on each three-month anniversary thereof):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) remit to the WCL Seller by way of deferred consideration for the WCL Seller's Shares an amount equal
to the amounts actually received by Atlantic House Group Limited (or any other relevant Group Company) (if any) during the relevant quarter
in respect of the principal of the WCLs, together with any interest accrued on, actually received and paid in respect of such amounts
(the total amount of principal and interest repaid or paid (as the case may be) by the relevant borrower under the relevant WCL in the
relevant quarter, the "**WCL Receipt**") up to a total maximum amount that is (when aggregated with all previous payments
of WCL Receipts to the WCL Seller) equal to the sum of the WCL Seller Deferred Amount and the WCL Seller's portion of the WCL Consideration;
and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if and to the extent the aggregate amount of all WCL Receipts exceeds the sum of the WCL Seller Deferred
Amount and the WCL Seller's portion of the WCL Consideration (such excess, the "**WCL Excess** "), the Buyer shall
(or shall procure that the relevant member of the Group shall) as soon as reasonably practicable following the end of a relevant quarter,
pay the WCL Seller a cash bonus the gross amount of which equals the WCL Excess (such amounts together, the "**WCL Bonus Amount** ").

16.6 The Buyer's obligations to procure any remittance to the WCL Seller pursuant to clause 16.5(a),
and/or the payment of any WCL Bonus Amount pursuant to clause 16.5(b), shall:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) be limited to the aggregate amount of the WCL Receipt(s) actually received by Atlantic House Group Limited
(or any other relevant Group Company) in respect of the relevant WCL (if any); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) cease once all WCLs have been repaid in full to the Group, and the Buyer has, pursuant to clause 16.5,
procured the remittance (in the case of the WCL Seller Deferred Amount and WCL Seller's portion of the WCL Consideration) or payment
(in the case of the WCL Bonus Amount) to the WCL Seller of all amounts owed pursuant to this clause 16.

16.7 For the avoidance of doubt, nothing in clauses 16.5 and 16.6 and this clause 16.7 shall require the Buyer
to pursue, enforce or take any steps to recover any amounts (or procure that Atlantic House Group Limited or any other Group Company pursue,
enforce or take any steps to recover any amounts) outstanding under the WCLs (including taking any such actions against the relevant borrowers).

16.8 Any amounts to be remitted or paid pursuant to clause 16.5 to the WCL Seller shall be satisfied by payment
in cash made to an account of the WCL Seller in the UK notified to the Buyer for this purpose. The parties acknowledge that any amounts
remitted or paid in accordance with clause 16.5 shall discharge the Buyer from its obligation to pay the WCL Seller Deferred Amount and
the WCL Seller's portion of the WCL Consideration in each case to the WCL Seller.

17. Announcements and Confidentiality

17.1 Save for the Announcement and unless such disclosure is required by Applicable Law, by any competent judicial,
governmental or regulatory body, or by the rules of any recognised stock exchange to which the relevant party or any of its Affiliate
is subject or submits, neither the Sellers nor the Buyer shall make or issue any announcement or circular in connection with the existence
or the subject matter of this Agreement or any other Transaction Document, or cause any such announcement to be made or issued, without
the prior written consent of: (i) in the event of any announcement or circular by the Buyer, each Sellers' Representative; and (ii)
in the event of any announcement or circular by any of the Sellers, the Buyer.

17.2 Each Seller undertakes to the Buyer and the Buyer undertakes to the Sellers, to keep confidential:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the existence and terms of this Agreement or any other Transaction Document;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) all information received or held by any party, its Affiliates or their respective directors, officers,
employees, agents or advisers which relates to the other party or their Affiliates; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) all information of a confidential nature relating to the Company, all trade secrets owned by the Company,
all information in relation to which an obligation of confidence is owed to a third party and all information relating to the future business
strategy of the Company.

17.3 Notwithstanding any other provision in this Agreement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Sellers, the Buyer and the Buyer's Representatives (as defined below) and their Affiliates may
disclose Confidential Information if and strictly to the extent:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) required by Applicable Law, by any competent judicial, governmental or regulatory body, or by the rules
of any recognised stock exchange to which the relevant party or its Affiliate is subject or otherwise submits (including, in respect of
the Buyer, the Buyer Representatives and their Affiliates only, where such disclosure is determined by the Buyer or its Affiliates to
be advisable or appropriate in relation to the Buyer's Guarantor's capacity as a public company);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) the disclosure is made to a Taxation Authority in connection with Taxation affairs of the disclosing party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) required to vest the full benefit of this Agreement or any other Transaction Document in that party, or
to enjoy or enforce any of the rights of that party in this Agreement or any other Transaction Document;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) required by its professional advisers, bankers, officers, employees, consultants, subcontractors, the
W&I Insurer or agents to provide their services (and subject always to similar duties of confidentiality), including, in the case
of the Buyer and the Buyer's Representatives, to any finance providers in connection with the Buyer Debt Financing;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) that information is in or has come into the public domain (other than by breach of this Agreement or the
Confidentiality Agreement); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) each Sellers' Representative, in respect of disclosure by the Buyer, or the Buyer, in respect of
disclosure by the Sellers, has given prior written consent to the disclosure; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Buyer (which for the purposes of this clause 17.3(b) shall include any director, officer, member,
employee, provider of finance (or potential provider of finance) or professional adviser of the Buyer or any other member of the Buyer's
Group while acting in the ordinary course of their duties, together the "**Buyer's Representatives**") may disclose
Confidential Information (including any information relating to (i) the existence or contents of the Transaction, this Agreement or any
other Transaction Document, or (ii) the performance or enforcement of any rights or obligations under this Agreement or any other Transaction
Document) to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) any member of the Buyer's Group;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) any company or fund (including any unit trust, investment trust, limited partnership or general partnership)
which is advised by, or the assets of which are managed (whether solely or jointly with others) from time to time by, any member of the
Buyer's Group or in respect of which any such member is a general partner, or which is advised or managed by any such member's
general partner, trustee, nominee, manager or adviser;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) any general partner, limited partner, shareholder, trustee, nominee or manager of, or adviser to, any
member of the Buyer's Group or any company or fund referred to in clause 17.3(b)(ii) above;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iv) any investor or potential investor in, or debt provider or potential debt provider to any of the persons
referred to in clauses 17.3(b)(i) and 17.3(b)(ii);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(v) any co-investment scheme of any member of the Buyer's Group or any person holding shares under such
scheme or entitled to the benefit of shares under such scheme;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vi) any co-investor of any entity described in clauses 17.3(b)(ii), 17.3(b)(iii), 17.3(b)(iv) and/or 17.3(b)(v);
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(vii) any director, officer, employee or professional adviser of any member of the Buyer's Group or of
any of the persons referred to in clauses 17.3(b)(i) to 17.3(b)(vi) (inclusive).

17.4 Nothing in this Agreement shall restrict any member of the Buyer's Group from informing Employees,
consultants, customers and suppliers of the Company of the fact of the acquisition of the Company by the Buyer, and of any terms of the
Transaction (save for any information that the Buyer determines, in its sole discretion, is sensitive, in which case such information
shall be redacted) after Completion.

17.5 The provisions of this clause 17 shall continue to apply without any limit in time. To the extent there
is any conflict between the terms of this clause 17 and the terms of the Confidentiality Agreement in the period between the date of this
Agreement and the date of termination of the Confidentiality Agreement, the terms of this clause 17 shall prevail.

18. Assignment and Transfer

18.1 Subject to clause 18.2, no party shall be entitled to assign, transfer, charge, sub-contract, delegate,
create any trust or otherwise deal with the benefit or burden of any provision of this Agreement without the prior written consent of
(i) in the case of an assignment by the Sellers, the Buyer, and (ii) in the case of an assignment by the Buyer, each Sellers' Representative.

18.2 This Agreement and the benefits arising under it may be assigned and, in the case of clause (b) of this
paragraph 18.2, charged or made subject to a trust, in whole or in part by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the Buyer to any member of the Buyer's Group to whom the Buyer transfers any of the Shares (provided
that if such assignee ceases to be a member of the Buyer's Group, this Agreement and the benefits arising under it shall automatically
transfer back to the Buyer); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the Buyer to a financial institution as security for any financing (whether equity or debt) or refinancing
or other banking facilities in respect of or in connection with the Transaction (including the Buyer Debt Financing),

in each case, provided that the liability of the Sellers to such assignee shall be no greater, nor more likely, than it would have been had such assignment not taken place (including, for the avoidance of doubt, any liability for any additional amount payable under clause 20.2), and all the rights, benefits and protections afforded to a party shall continue to apply to the benefit of that party as against the assignee as they would have applied as against the assignee.

18.3 As soon as reasonably possible following any assignment in accordance with clause 18.2, the Buyer shall
give written notice to the Sellers, such notice to contain full details of the assignment.

18.4 Any purported assignment, transfer, charging, sub-contracting, delegation, declaration of trust or dealing
in contravention of this clause 18 shall be ineffective.

19. Costs and Expenses

19.1 Except as otherwise provided for in this Agreement, each of the parties shall pay its own costs and expenses
in relation to the negotiation, preparation, execution, performance and implementation of this Agreement and each other Transaction Document,
save that this clause 19.1 shall not prejudice the right of any party to seek to recover its costs in any litigation or dispute resolution
procedure which may arise out of this Agreement or another Transaction Document.

19.2 The Buyer and the Sellers shall each bear 50% of the W&I Insurance Costs, in accordance with paragraph
3.2(a) of Part 2 of Schedule 3.

19.3 Without prejudice to the provisions of Schedule 8, the Buyer shall bear all of the stamp duty payable
on the transfer of the Shares to the Buyer.

20. No Set-off or Withholding

20.1 Save as otherwise set out in this Agreement, all payments to be made under this Agreement shall be made
in full without any set-off or counterclaim and free from any deduction or withholding, save as may be required by Applicable Law, in
which event such deduction or withholding shall not exceed the minimum amount which it is required by Applicable Law to deduct or withhold.

20.2 If any deduction or withholding is required by Applicable Law to be made from any payment, the amount
to be paid to the Buyer shall be increased to such amount as will ensure that the net amount received and retained by the Buyer after
such Tax, deduction or withholding has been taken into account is equal to the same amount which would have been received and retained
by the Buyer had the amount not been subject to Tax, deduction or withholding.

21. Variations and Waivers

21.1 No variation of this Agreement shall be effective unless made in writing and signed by or on behalf of
each Sellers' Representative and the Buyer and expressed to be such a variation.

21.2 A waiver of any right, power, privilege or remedy provided by this Agreement must be in writing and may
be given subject to any conditions thought fit by the grantor. For the avoidance of doubt, any omission to exercise, or delay in exercising,
any right, power, privilege or remedy provided by this Agreement shall not constitute a waiver of that or any other right, power, privilege
or remedy.

21.3 A waiver of any right, power, privilege or remedy provided by this Agreement shall not constitute a waiver
of any other breach or default by another party and shall not constitute a continuing waiver of the right, power, privilege or remedy
waived or a waiver of any other right, power, privilege or remedy.

21.4 Any single or partial exercise of any right, power, privilege or remedy arising under this Agreement shall
not preclude or impair any other or further exercise of that or any other right, power, privilege or remedy.

22. Severance

22.1 If any provision of this Agreement is held to be invalid or unenforceable by any judicial or other competent
authority, all other provisions of this Agreement will remain in full force and effect and will not in any way be impaired.

22.2 If any provision of this Agreement is held to be invalid or unenforceable but would be valid or enforceable
if some part of the provision were deleted or amended, the provision in question will apply with the minimum modifications necessary to
make it valid and enforceable.

23. Remedies

23.1 The Sellers agree that, without prejudice to any other remedy which may be available to the Buyer, the
Buyer may be entitled to seek injunctive or other equitable relief in relation to any breach or prospective breach of the undertakings
in clauses 13.1, 13.4 and 17, it being acknowledged that an award of damages may not be an adequate remedy for such a breach.

23.2 The Buyer agrees that, without prejudice to any other remedy which may be available to the Sellers, the
Sellers may be entitled to seek injunctive or other equitable relief in relation to any breach or prospective breach of the undertakings
in clause 13.4 and 17, it being acknowledged that an award of damages may not be an adequate remedy for such a breach.

23.3 Each of the parties acknowledges and irrevocably agrees that it will not be entitled to rescind, terminate
or repudiate this Agreement for any reason, save as expressly provided in clauses 6.12, 6.13, 6.14 and 7.8.

23.4 Each of the parties acknowledges and agrees that the only cause of action available to it under the terms
of this Agreement shall be for breach of contract, and no party shall have a claim for innocent or negligent misrepresentation or negligent
misstatement based on any statement in this Agreement. All Claims under this Agreement (other than a claim pursuant to clause 14) shall
be subject to the provisions and limitations in Schedule 8.

23.5 Nothing in this Agreement shall limit or exclude the liability of any party to the extent such liability
arises or is increased as a result of fraud or fraudulent misrepresentation on the part of that party.

24. Several Liability

Obligations, covenants, warranties, representations and undertakings expressed to be assumed or given by two or more persons shall in each case be construed as if expressed to be given severally, and not jointly and severally.

25. Entire Agreement

25.1 The Transaction Documents and the documents referred to or incorporated therein constitute the entire
agreement between the parties relating to the subject matter of the Transaction Documents and supersede and extinguish any prior drafts,
agreements, undertakings, representations, warranties and arrangements of any nature whatsoever, whether or not in writing, between the
parties in relation to the subject matter of the Transaction Documents.

25.2 Each party acknowledges that in entering into the Transaction Documents and any documents referred to
therein, it does not rely on, and shall have no rights or remedies in respect of, any statement, representation, assurance or warranty
(whether made innocently or negligently) that is not set out in the Transaction Documents.

26. Notices

26.1 Any notice, request, demand or other communication to be given under or in connection with this Agreement
(a "**Notice**") shall be in writing in English and shall be given by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) hand (including by way of pre-paid delivery by commercial courier);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) email;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) pre-paid first class recorded mail if posted to an address in the same country as the country of posting;
or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) pre-paid airmail if posted to an address in a country different to the country of posting;

in each case to the address given below or any other address notified in accordance with clause 26.2(d).

---

| | |
|:---|:---|
| **Individual Sellers:** |  |
| For the attention of: | the Individual Sellers' Representative from time to time, whose details are set out in Part 2 of Schedule 1 |

---

---

| | |
|:---|:---|
| Address: | the Individual Sellers' Representative from time to time, whose details are set out in Part 2 of Schedule 1 |
| Email address: | the Individual Sellers' Representative from time to time, whose details are set out in Part 2 of Schedule 1 |
| With a copy (such copy not constituting notice) to: | Sellers' Solicitors, for the attention of Michael Pearce ([\*\*\*]) and Robert Ogilvy ([\*\*\*]) |

---

**QPIV**

---

| | |
|:---|:---|
| For the attention of: | the QPIV Seller's Representative from time to time, whose details are set out in the Part 1 of Schedule 1 |
| Address: | the QPIV Seller's Representative from time to time, whose details are set out in Part 1 of Schedule 1 |
| Email address: | the QPIV Seller's Representative from time to time, whose details are set out in Part 1 of Schedule 1 |
| With a copy (such copy not constituting notice) to: | Sellers' Solicitors, for the attention of Michael Pearce ([\*\*\*]) and Robert Ogilvy ([\*\*\*]) |
| **Buyer and Buyer's Guarantor:** |  |
| For the attention of: | Legal Department, c/o the Buyer |
| Address: | 250 West 34<sup>th</sup> Street, 3<sup>rd</sup> Floor, New York, NY 10119 |
| Email address: | [\*\*\*] and [\*\*\*] |
| With a copy (such copy not constituting notice) to: | Buyer's Solicitors, for the attention of: Gemma Roberts by email to [\*\*\*] |
| **EBT Trustee:** |  |
| For the attention of: | the Individual Sellers' Representative from time to time, whose details are set out in Part 2 of Schedule 1 |
| Address: | the Individual Sellers' Representative from time to time, whose details are set out in Part 2 of Schedule 1 |
| Email address: | the Individual Sellers' Representative from time to time, whose details are set out in Part 2 of Schedule 1 |
| With a copy (such copy not constituting notice) to: | Franck Matthews |
| Address: | at 2<sup>nd</sup> Floor International House, 41 The Parade, St Helier, Jersey, JE2 3QQ |

---

Email address: [\*\*\*]

26.2 Unless there is evidence that it was received earlier, a Notice shall be deemed to have been served:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if delivered by hand, at the time of delivery;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if sent by pre-paid first class recorded mail, on the second Business Day after (and excluding) the day
of posting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) if sent by pre-paid airmail, on the fifth Business Day after (and excluding) the day of posting; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) if sent by email to the email address specified in that clause, on the date of transmission, if transmitted
before 5:30 pm (local time at the place of destination) on any Business Day (and in any other case on the Business Day following the date
of transmission), provided that no notification of message delivery failure is received by the sender.

26.3 In proving service of a Notice, it shall be sufficient to show that delivery by hand was made or that
the envelope containing the Notice was properly addressed and posted as a first class prepaid letter or that the email was successfully
transmitted to the correct email address (except where a notification of message delivery failure has been received), whether or not opened
or read by the recipient.

26.4 A party may notify the other parties to this Agreement of a change to its name, relevant person, address
or email address for the purposes of clause 26.1 provided that such notification shall only be effective on:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the date specified in the notification as the date on which the change is to take place; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if no date is specified or the date specified is less than five clear Business Days after the date on
which notice is deemed to have been served, the date falling five clear Business Days after notice of any such change is deemed to have
been given.

26.5 This clause 26 shall not apply in relation to the service of any proceedings or other documents relating
to or in connection with any legal action.

27. Sellers' Representatives

***Individual Sellers' Representative***

27.1 Subject to clause 27.2, each Individual Seller hereby irrevocably appoints Thomas Andrew May as the Individual
Sellers' Representative to act as the sole representative of each Individual Seller, in each case on an individual and not on a
joint basis, to act on the relevant Individual Sellers' behalf for all purposes under this Agreement and the Transaction Documents,
including (but not limited to) for the purposes of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) delivering payment instructions to the Buyer in connection with the payment of the Consideration or any
other payments due from the Buyer to the Individual Sellers (or any one of them);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) accepting notices on behalf of such Individual Seller in accordance with clause 26.1;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) taking any and all actions that may be necessary or desirable, as determined by the Individual Sellers'
Representative in its sole discretion, in connection with the payment of the costs and expenses incurred with respect to the Transaction
by such Individual Sellers;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) granting any consent or approval on behalf of such Individual Seller under this Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) generally taking any and all other actions and doing any and all other things provided in or contemplated
by this Agreement or any Transaction Document to be performed by such Individual Seller or the Individual Sellers' Representative
on behalf of such Individual Seller.

27.2 Each Individual Seller hereby:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) irrevocably (by way of security for the performance of its obligations under this Agreement) appoints
the Individual Sellers' Representative as its attorney with full authority on its behalf and in its name or otherwise to do all
acts and to execute and deliver such documents or deeds as are required by law or as may, in the reasonable opinion of the Individual
Sellers' Representative, be required to give effect to the matters described in clause 27.1; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) severally (but not jointly or jointly and severally) undertakes to indemnify on an after tax basis the
Individual Sellers' Representative against such Individual Seller's Relevant Proportion of all costs, claims and expenses
and liabilities incurred by the Individual Sellers' Representative as a result of the exercise or purported exercise of any power
conferred on the Individual Sellers' Representative by this Agreement.

27.3 The Buyer and each Individual Seller acknowledge that in exercising the powers and authorities conferred
by clauses 27.1 and 27.2 and/or the Transaction Documents upon the Individual Sellers' Representative, the Individual Sellers'
Representative shall not be acting, or be construed as acting, as the agent or trustee on behalf of any Individual Seller and each Individual
Seller and the Buyer agree that the Individual Sellers' Representative shall be entitled to take any and all actions that may be
necessary or desirable, as determined by the Individual Sellers' Representative in its sole discretion, and shall have no liability
whatsoever to the Buyer or any Individual Seller in relation to the exercise of those powers and authorities, save in the case of fraud
or fraudulent misrepresentation by the Individual Sellers' Representative.

27.4 Notwithstanding clause 27.3, the Buyer shall be entitled, without further enquiry, to rely on the exercise
of the powers and authorities conferred on the Individual Sellers' Representative as if the relevant Individual Seller is exercising
such powers and authorities. Where the Buyer may, pursuant to this Agreement, deal with the Individual Sellers' Representative only,
the Buyer shall be entitled, without further enquiry, to assume that the Individual Sellers' Representative is acting on behalf
of all Individual Sellers.

27.5 If for any reason Thomas Andrew May is no longer willing or able to act as the Individual Sellers'
Representative then a majority in number of the Individual Sellers may appoint a replacement, provided the Individual Sellers give written
notice to the Buyer within ten (10) Business Days of such new appointment.

27.6 If at any time there is no Individual Sellers' Representative or the Individual Sellers' Representative
is unable to act, all references in this Agreement to the Individual Sellers' Representative shall be deemed to be references to
each Individual Seller (as the case may be).

***QPIV Seller's Representative***

27.7 Subject to clause 27.8, QPIV hereby irrevocably appoints Luke Anton Wiseman as the QPIV Seller's
Representative to act as QPIV's sole representative and on QPIV's behalf for all purposes under this Agreement and the Transaction
Documents, including (but not limited to) for the purposes of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) delivering payment instructions to the Buyer in connection with the payment of the Consideration or any
other payments due from the Buyer to QPIV;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) accepting notices on behalf of QPIV in accordance with clause 26.1;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) taking any and all actions that may be necessary or desirable, as determined by the QPIV Seller's
Representative in its sole discretion, in connection with the payment of the costs and expenses incurred with respect to the Transaction
by QPIV;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) granting any consent or approval on behalf of QPIV under this Agreement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) generally taking any and all other actions and doing any and all other things provided in or contemplated
by this Agreement or any Transaction Document to be performed by QPIV or the QPIV Seller's Representative on behalf of QPIV.

27.8 QPIV hereby:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) irrevocably (by way of security for the performance of its obligations under this Agreement) appoints
the QPIV Seller's Representative as its attorney with full authority on its behalf and in its name or otherwise to do all acts and
to execute and deliver such documents or deeds as are required by law or as may, in the reasonable opinion of the QPIV Seller's
Representative, be required to give effect to the matters described in clause 27.7; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) undertakes to indemnify on an after tax basis the QPIV Seller's Representative against all costs,
claims and expenses and liabilities incurred by the QPIV Seller's Representative as a result of the exercise or purported exercise
of any power conferred on the QPIV Seller's Representative by this Agreement.

27.9 The Buyer and QPIV acknowledge that in exercising the powers and authorities conferred by clauses 27.7
and 27.8 and/or the Transaction Documents upon the QPIV Seller's Representative, the QPIV Seller's Representative shall not
be acting, or be construed as acting, as the agent or trustee on behalf of QPIV and QPIV and the Buyer agree that the QPIV Seller's
Representative shall be entitled to take any and all actions that may be necessary or desirable, as determined by the QPIV Seller's
Representative in its sole discretion, and shall have no liability whatsoever to the Buyer or QPIV in relation to the exercise of those
powers and authorities, save in the case of fraud or fraudulent misrepresentation by the QPIV Seller's Representative.

27.10 Notwithstanding clause 27.9, the Buyer shall be entitled, without further enquiry, to rely on the exercise
of the powers and authorities conferred on the QPIV Seller's Representative as if QPIV is exercising such powers and authorities.
Where the Buyer may, pursuant to this Agreement, deal with the QPIV Seller's Representative only, the Buyer shall be entitled, without
further enquiry, to assume that the QPIV Seller's Representative is acting on behalf of QPIV.

27.11 If for any reason Luke Anton Wiseman is no longer willing or able to act as the QPIV Seller's Representative
then QPIV may appoint a replacement, provided QPIV gives written notice to the Buyer within ten (10) Business Days of such new appointment.

27.12 If at any time there is no QPIV Seller's Representative or the QPIV Seller's Representative
is unable to act, all references in this Agreement to the QPIV Seller's Representative shall be deemed to be references to QPIV
(as the case may be).

28. Further Assurance

On request by any party, each party shall, and shall use reasonable endeavours to procure that any necessary third party shall, as soon as reasonably practicable at its own cost, do and execute and perform all such further deeds, documents, assurances, acts and things as may reasonably be necessary or desirable to carry this Agreement into effect and give the requesting party the full benefit of it.

29. Third Party Rights

29.1 Any member of the Buyer's Group and any Seller may enforce clause 13.4 (*restrictive covenant regarding reputation*); any Buyer Covered Person and Seller Covered Person may enforce clauses 16.2 and 16.3 (*Waivers*) respectively;
any member of the Buyer's Group may enforce 14 (*Sellers' Guarantee*) and 17.3 (*confidentiality provisions*); and
any Sellers' Representative may enforce the terms of clause 27 (Sellers' Representatives), but in each case only to the extent
such clauses expressly benefit those third parties.

29.2 Except as provided in clause 29.1, this Agreement does not confer any rights on any person or party (other
than the parties to this Agreement, their successors and permitted assigns) pursuant to the Contracts (Rights of Third Parties) Act 1999.

29.3 Notwithstanding clause 29.1, the parties may vary this Agreement in accordance with its terms without
the consent of or notice to any person on whom such third party rights are conferred.

30. Inconsistency

If there is any inconsistency between the provisions of this Agreement and those of any other Transaction Document, the provisions of this Agreement shall prevail.

31. Counterparts

31.1 This Agreement may be executed in any number of counterparts, but shall not be effective until each party
has signed at least one counterpart. Each counterpart constitutes an original, and all the counterparts together constitute one and the
same agreement.

31.2 Transmission of an executed counterpart of this Agreement by email (in PDF, JPEG or other agreed format)
shall take effect as delivery of an executed counterpart of this Agreement.

32. Governing Language

If this Agreement or any Notice given by one party to another is translated into any language other than English, the English text shall prevail in any event.

33. Governing Law and Jurisdiction

33.1 This Agreement and any dispute or claim (including non-contractual disputes or claims) arising out of
or in connection with it or its subject matter or formation shall be governed by and construed in accordance with the law of England and
Wales.

33.2 Each party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction to
settle any dispute or claim (including non-contractual disputes or claims) arising out of or in connection with this agreement or its
subject matter or formation.

34. Process Agent

34.1 The Buyer's Guarantor irrevocably appoints the Buyer at its UK registered office (being 1 King William
Street, London, England, EC4N 7AF) as its agent to receive and acknowledge on its behalf service of any proceedings in England and Wales
arising out of or in connection with this Agreement and undertakes not to revoke the authority of such agent.

34.2 Such service will be deemed completed on delivery in accordance with clause 26 to that agent (whether
or not it is forwarded to and received by its principal).

34.3 If for any reason any such agent ceases to be able to act as agent or no longer has an address in England
and Wales, the Buyer's Guarantor will promptly appoint a substitute and notify the Sellers' Representatives in writing of
the substitute agent's name and address in England and Wales. Until any party receives such notification, it will be entitled to
treat the Buyer as the Buyer's Guarantor's agent for the purposes of this Clause 34.

**IN WITNESS** whereof this Agreement has been executed by the parties as a deed and delivered on the date at the beginning of this Agreement.

**SIGNATURES**

**THE INVESTOR SELLERS**

**QUERIPEL PARTNERS IV LP** acting

by **QUERIPEL PARTNERS GP IV** 

**LIMITED** 

By: /s/ Philip Radford

Name: Philip Radford

Its: Director

By: /s/ Helen Green

Name: Helen Green

Its: Director

**CHRISTOPHER ANTHONY JAMES MACDONALD**

Pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**THE MANAGEMENT SELLERS**

By: /s/ Thomas Andrew May

**LAKEAUS PTY LTD**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**THE GROWTH SHARE SELLERS**

**FREDERICK BLACKWELL** 

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**THOMAS BOYLE**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**MARK GREENWOOD**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**FAHAD HASSAN**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**CHRISTOPHER HOLDOWAY** 

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**GURNAIK JOHAL**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**NINA MACEWEN**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**JAMES MAY**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**CHARLES PARKER**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**JACK ROBERTS**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**DELIA VILLIERS**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**ELEANOR WILLIAMS**

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**THE EBT TRUSTEE**

**FCM TRUST LIMITED**

By: /s/ Paul Carney

Name: Paul Carney

Its: Director

By: /s/ Franck Matthews

Name: Franck Matthews

Its: Director

**THE INDIVIDUAL GUARANTOR**

**ANDREW LAKEMAN** 

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

**THE COMPANY**

**ATLANTIC HOUSE HOLDINGS LIMITED**

By: /s/ Thomas May

Name: Thomas May

Its: Director

**THE BUYER**

**WISDOMTREE INTERNATIONAL HOLDINGS LTD**

By: /s/ Alexis Marinof

Name: Alexis Marinof

Its: Director

**THE BUYER'S GUARANTOR** 

**WisdomTree, Inc.**

By: /s/ Jonathan Steinberg

Name: Jonathan Steinberg

Its: Chief Executive Officer

## Exhibit 2.2

**Exhibit 2.2**

INFORMATION IN THIS EXHIBIT IDENTIFIED BY [\*\*\*] IS CONFIDENTIAL AND HAS BEEN EXCLUDED PURSUANT TO ITEM 601(B)(2)(ii) OF REGULATION S-K BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.

Dated 13 March 2026

**(1) THE WARRANTORS**<br>**(2) THE BUYER**<br>

**MANAGEMENT WARRANTY DEED**<br>**relating to** <br>**Atlantic House Holdings Limited**<br>

**TABLE OF CONTENTS**

---

| | | |
|:---|:---|:---|
|  |  | **Page** |
| 1. | Definitions and Interpretation | 3 |
| 2. | Effect | 12 |
| 3. | Warranties | 12 |
| 4. | Applicable Law and Jurisdiction | 13 |
| 5. | No Set-Off or Withholding | 13 |
| 6. | General | 13 |
| 7. | Notices | 15 |

---

---

| | |
|:---|:---|
| **SCHEDULE 1** The Warrantors | 17 |
| **SCHEDULE 2** The Subsidiaries | 18 |
| **SCHEDULE 3** The Warranties | 20 |
| **Part 1** The Shares and Group Information | 21 |
| **Part 2** Constitution | 21 |
| **Part 3** Acquisitions and Disposals | 22 |
| **Part 4** Funds | 23 |
| **Part 5** Accounts | 24 |
| **Part 6** Assets | 25 |
| **Part 7** Liabilities | 26 |
| **Part 8** Trading Arrangements | 28 |
| **Part 9** Compliance and litigation | 29 |
| **Part 10** Effects of Sale | 31 |
| **Part 11** IT, IP and Data Protection | 32 |
| **Part 12** Officers and Employees | 36 |
| **Part 13** Pensions | 38 |
| **Part 14** Real Estate | 39 |
| **Part 15** Environment, Health & Safety | 40 |
| **SCHEDULE 4** Limitations on Claims | 41 |
| **SCHEDULE 5** Tax Schedule | 43 |

---

**THIS DEED** is made on 13 March 2026

**BETWEEN**:

(1) **THE SEVERAL PERSONS** whose names and addresses are set out in SCHEDULE 1 (the "**Warrantors** ");
 and

(2) **WISDOMTREE INTERNATIONAL HOLDINGS LTD**,
 a company incorporated in England and Wales with registered number 11046784 and whose registered
 office is at 1 King William Street, London, England, EC4N 7AF (the "**Buyer** "),

(each a "**party**" and together the "**parties**").

**BACKGROUND**

(A) On
 the date of this Deed, the holders of the Shares have entered into a share purchase agreement
 in respect of Project Seabound.

(B) Each
 of the Warrantors has agreed to give the Warranties set out in this Deed and the Tax Warranties
 set out in the Tax Schedule in connection with the sale of the Shares, in each case subject
 to the limitations and other terms set out herein.

(C) The
 Buyer can only make a Warranty Claim or Tax Claim if Completion occurs in accordance with
 the terms of the SPA.

**IT IS AGREED** as follows:

1. **Definitions and Interpretation** 

1.1 The
 following words and expressions where used in this Deed have the meanings given to them below:

"**Accounting Standards"** has the meaning given to it in the SPA.

"**Accounts**" means the audited financial statements of Atlantic House Holdings Limited, Atlantic House Group Limited and Atlantic House Investments Limited in each case for the Financial Year ending on the Accounts Date contained in Section 4.2 of the Data Room.

"**Accounts Date**" means 30 June 2025.

"**Act**" means the Companies Act 2006.

"**AIFMD**" has the meaning given to it in the SPA.

"**AMC"** has the meaning given to it in the SPA.

"**Applicable Law**" has the meaning given to it in the SPA.

"**AUM"** has the meaning given to it in the SPA.

"**Bring Down Confirmation**" has the meaning given to it in the SPA.

"**Business**" has the meaning given to it in the SPA.

"**Business Day**" has the meaning given to it in the SPA.

"**Business Information**" means all information (whether or not confidential and in whatever form held, including computerised records) which in any way relates to all or any part of the Business or any products manufactured and/or sold or services provided by the Business and including any such information which in any way relates to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 operation, management, administration or financial affairs of the Business (including any
 business plans or forecasts, information relating to future business development or to litigation);
 and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 sales or marketing of any of the products manufactured and/or sold or services provided by
 the Business, including all customer names and lists, sales and marketing information (including
 targets, sales and market share statistics, market surveys and reports, mailing lists and
 all advertising or other promotional material).

"**Business IPR**" means all Intellectual Property Rights used for any purpose in connection with the Business including, without limitation, the Registered IPR and the Licensed IPR.

"**Buyer's Group**" has the meaning given to it in the SPA, and references to "**member of the Buyer's Group**" shall be construed accordingly.

"**Buyer's Relief**" has the meaning given to it in the Tax Schedule.

"**Client**" means any person to whom any Group Company provides, directly or indirectly, Investment Management Services (including, in the case of a Fund, both such Fund and each investor therein).

"**Company**" means Atlantic House Holdings Limited (company no. 13493098) whose registered office is at One Eleven, Edmund Street, Birmingham, United Kingdom, B3 2HJ.

"**Competition Law**" means the competition or antitrust laws which are, or have been, applicable in any jurisdiction in which the Group conducts the Business, including, but not limited to, Articles 101 and 102 of the Treaty on the Functioning of the European Union and Chapters I and II of the Competition Act 1998.

"**Completion**" has the meaning given to it in the SPA.

"**Completion Accounts**" has the meaning given to it in the SPA.

"**Completion Date**" has the meaning given to it in the SPA.

"**Contracts**" means all contracts, agreements, licences and other contractual arrangements (in each case under which rights, obligations and/or liabilities, remain to be performed or survive) which may have been entered into or undertaken by or on behalf of any Group Company (and "**Contract**" shall mean any one of them).

"**CTA 2010**" means the Corporation Tax Act 2010.

"**Data Protection Legislation**" means any law applicable from time to time relating to the processing of personal data and/or privacy, as in force at the date of this Deed or as re-enacted, applied, amended, superseded, repealed or consolidated, including without limitation, the UK GDPR, the UK Data Protection Act 2018, the EU GDPR, the Privacy and Electronic Communications Directive 2002/58/EC, the Privacy and Electronic Communications (EC Directive) Regulations 2003, the Data Protection (Jersey) Law 2018, the Data Protection Authority (Jersey) Law 2018, and/or any corresponding, supplemental, equivalent or analogous national laws or regulations in any jurisdiction in which the Group carries on business, and any judicial or administrative guidelines or interpretation of any of the above, each as amended and in force.

"**Data Room**" means the Project Seabound online data room hosted by DFIN Solutions as at 5.30pm on 11 March 2026 and references to "**Data Room Document**" or "**Data Room Folder**" or "**section of the Data Room**" shall be to the relevant document or folder of documents or section within the Data Room.

"**Disclosed**" means, for all purposes under this Deed, the Disclosure Letter and the Bring Down Confirmation, fairly disclosed in such a manner as to enable the Buyer to make a reasonably informed assessment of the nature and scope of the fact, matter or circumstance concerned.

"**Disclosure Letter**" means the letter dated on the date of this Deed from the Warrantors to the Buyer containing disclosures against the Warranties and Tax Warranties.

"**EHS Consents**" means any material permit, licence, authorisation or consent required under EHS Law.

"**EHS Law**" means all statutes and regulations applicable in the United Kingdom or any other jurisdiction in which the Business is carried on concerning as their principal function the protection of the Environment or health and safety at work (excluding any statutes or regulations which relate to town and country planning) which are in force as at the date of this Deed and which are applicable to and legally binding upon any Group Company.

"**EHS Matters**" means all matters relating to the Environment and/or hazardous substances, pollution, contamination, human health, welfare and safety (including, for the avoidance of doubt, damage, injury or harm to the Environment and/or nuisance and/or energy efficiency and climate change and/or the use and exploitation of any environmental or natural resource or hazardous substances).

"**Employee**" means an individual employed by a Group Company under a contract of service.

"**Employee Consultation Legislation**" means any Laws, including all applicable national, industry-wide, and company-wide collective bargaining agreements, relating to the information and consultation of employees as well as any other Laws to which a Group Company is subject that have an analogous effect.

"**Employee Transfer Legislation**" means any Laws, including all applicable national, industry-wide, and company-wide collective bargaining agreements, relating to the transfer of employees and any other Laws to which a Group Company is subject that have an analogous effect.

"**Employment Legislation**" means any Laws relating to labour and employment to which a Group Company is subject, including all applicable national, industry-wide, and company-wide collective bargaining agreements and the Employee Consultation Legislation and the Employee Transfer Legislation.

"**Encumbrance**" means a mortgage, charge, pledge, lien, option, restriction, right of first refusal, right of pre-emption, third-party right or interest, or other encumbrance or security interest having similar effect.

"**Environment**" means any or all of the following media (alone or in combination): air, water, soil and/or ecosystem.

"**EU GDPR**" means the General Data Protection Regulation (Regulation (EU) 2016/679) (including any legally binding regulations, direction, and orders issued from time to time under or in connection with the Regulation) as applied and amended from time to time.

"**Exchange Rate**" has the meaning given to it in the SPA.

"**FCA**" means the UK Financial Conduct Authority.

"**FCA Handbook**" means the FCA Handbook of rules and guidance published by the FCA under FSMA.

"**Financial Crime Laws**" means any Laws, including all applicable anti-money laundering rules, public procurement or anti-bribery rules, anti-corruption and anti-fraud laws relating to financial crime as well as any other laws to which a Group Company is subject that have an analogous effect, including, without limitation, the UK Bribery Act 2010 and the US Foreign Corrupt Practices Act of 1977, each as amended from time to time.

"**FSMA**" means the Financial Services and Markets Act 2000 (as amended).

"**Fund**" means any unit trust, investment trust, limited partnership, general partnership or their collective investment scheme or body corporate or other entity in each case the assets of which are managed professionally for investment purposes;

"**Fund Documents**" means, together, the Group Investment Agreements, Management Agreements and Fund Terms, as applicable, for each of the respective Group Funds (each of these documents, a "**Fund Document**").

"**Fund Terms**" means the complete terms and conditions, side letters and/or summaries of the side letters for all Group Funds.

"**Governmental Authority**" has the meaning given to it in the SPA.

"**Group**" means the Company and each of its Subsidiaries and "**Group Company**" and "**Group Companies**" shall be construed accordingly.

"**Group Funds**" has the meaning given to it in the SPA.

"**Group Investment Agreements**" means the investment agreements, the fund service agreements (including administration, depositary and/or custodian agreements), the distribution or marketing agreements relating to the UCITS or other managed funds within the Group, the limited partnership agreements, shareholder agreements and the Fund Terms relating to the Group included in section 6.3 of the Data Room.

"**Hardware**" means the computer and data processing systems used by any Group Company in the operation of the Business excluding the Software, but including all plant and equipment which may include embedded software or similar processing systems.

"**HMRC**" means His Majesty's Revenue & Customs.

"**Intellectual Property Rights**" means patents, trademarks, trade names, business names, logos, get-up, inventions, rights in goodwill (including the right to sue for past, present and future infringements), service marks, domain names and URLs, the right to sue for passing off and in unfair competition, rights in opposition proceedings, design rights, copyright, rights in databases, rights in software and computer systems, Know-How, utility models, and all other intellectual property rights, in each case whether registered or unregistered and including applications for the grant of any such rights, the right to apply for any such rights and all rights or forms of protection having equivalent or similar effect anywhere in the world.

"**Investment Management Services**" means any services that involve: (a) the management of an investment account or fund (or portions thereof or a group of investment accounts or funds); (b) the giving of advice with respect to the investment and/or reinvestment of assets or funds (or any group of assets or funds); or (c) otherwise providing investment management or investment advisory services, portfolio management, risk-management services, or acting as sub-manager or sub-advisor to a third party investment manager, including, in each of the foregoing cases under clauses (a) through (c), performing activities related or incidental thereto.

"**Investor**" means, together, the external investors, the limited partners, or similar in the Group Funds, whether by way of investing in shares, limited partnership interests, or any other instrument and "**Investor**" shall be construed accordingly.

"**IPR Agreement**" means any agreement or arrangement pursuant to which any Group Company grants rights to use the Business IPR or pursuant to which any Group Company is granted rights to use Licensed IPR.

"**IT Systems**" means the Hardware and the Software including any devices or services used in relation thereto, used in the operation of the Business and/or the processing of Business Information.

"**Key Personnel**" means [\*\*\*].

"**Know-How**" means inventions, discoveries, improvements, processes, formulae, techniques, specifications, technical information, methods, tests, reports, component lists, manuals, instructions, drawings and information relating to customers and suppliers (whether written, unwritten or in any other forms and whether confidential or not).

"**Law**" means any statute, law, subordinate legislation, constitutional provision, code, regulation, ordinance, instrument, by-law, rule, judgment, decision, order, writ, injunction, decree, binding guideline or policy, circular, requirement of, or other governmental restriction of or determination by, any Governmental Authority or any official interpretation of any of the foregoing by any Governmental Authority at local, state, sector or enterprise level, as it may have been, or may from time to time be, amended, modified, consolidated, re-enacted or replaced.

"**Lease**" means the sub under-lease dated 3 October 2022 under which the Property is held.

"**Licensed IPR**" means Intellectual Property Rights owned by a third party which any Group Company is permitted to use.

"**Management Accounts**" means the management accounts of the Company for the period from 1 July 2025 to 31 December 2025 contained in document 4.4.2 of the Data Room.

"**Management Agreements**" means the management agreements entered into between the Group and the manager of each Group Fund included in sections 6.1 and 6.3 of the Data Room.

"**Management Team**" means [\*\*\*].

"**Material Contracts**" means the underlying fund documentation for each of the funds included in the Group, and any of the following agreements to which any member of the Group is party, or beneficiary, to:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Group Investment Agreements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 Management Agreements;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 International Swaps and Derivatives Association master agreements and schedules included
 in section 1.3 of the Data Room; (a)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) the
 distribution and co-manufacturing agreements in relation to the 'Structured Solutions'
 business of the Group included in section 6.3 of the Data Room;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the
 model portfolio management agreements in relation to the 'Model Portfolio' business
 of the Group included in section 6.3 of the Data Room;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the
 Fund Terms;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) contracts
 from which the Group expends or receives income, or is reasonably likely to expend or receive
 income, of an amount corresponding to £100,000 or more per annum; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) other contracts
 which the Group is otherwise dependent on (being a contract under which services or products
 are provided which could not be replaced without material disruption and/or cost to the business
 of the Group).

"**Minimum Regulatory Capital**" means the minimum regulatory capital required to be maintained by the Group pursuant to Applicable Laws.

"**month**" means a calendar month.

"**Open Source Software**" means any software (in source or object code form) that is subject to: (a) a licence or other agreement commonly referred to as an open source, free software, copyleft or community source code licence; or (b) any other licence or agreement that requires, as a condition of the use, modification or distribution of software subject to such licence or agreement, that such software or other software linked with, called by, combined or distributed with such software be: (i) disclosed, distributed, made available, offered, licensed or delivered in source code form; (ii) licensed for the purpose of making derivative works; (iii) licensed under terms that allow reverse engineering, reverse assembly, or disassembly of any kind; or (iv) redistributable at no charge, including without limitation any licence defined as an open source licence by the Open Source Initiative as set forth on www.opensource.org.

"**Pensions Legislation**" means any Laws, relating to the provision of Relevant Benefits as well as any other Laws to which a Group Company is subject that have an analogous effect.

"**Project Seabound**" means the sale of the entire issued share capital of the Company to the Buyer.

"**Property**" means the leasehold property at 135 Bishopsgate, London EC2M 3TP.

"**Registered IPR**" means any Intellectual Property Rights which are the subject of registration (or application for registration) in any jurisdiction.

"**Related Person**" means:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) in
 relation to any party to this Deed, any person that, directly or indirectly, controls or
 is controlled by, or is under common control with, that party (and for these purposes "**control** "
 shall mean the possession, directly or indirectly, or the power to direct the management
 and policies of such person, whether through the ownership of a majority of voting securities
 or by contract or otherwise), or is a group undertaking of that party;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) in
 relation to any party to this Deed who is a natural person: (i) any spouse, civil partner,
 co-habitee, lineal descendant by blood or adoption and/or step child of that party; or (ii)
 any person or persons acting in the capacity of a trustee or trustees of a trust of which
 such party is the settlor; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) any
 employee, officer, director or partner of the relevant party to this Deed or of any of the
 persons referred to in (a) and (b) above,

provided that for the purposes of this Deed: (i) no member of the Buyer's Group and/or the Group shall be a Related Person of a Warrantor; and (ii) no party to this Deed shall be deemed to be a Related Person of any other party, and "**Related Persons**" shall be construed accordingly.

"**Relevant Benefits**" means any benefits, the provision of which is the subject of any Law in relation to pensions and other benefits.

"**Relevant Person**" means any past or present employee, officer or director of any Group Company.

"**Sanctions Laws**" means all applicable trade, economic, and financial sanctions Laws, regulations, prohibitions, embargos, and restrictions administered, enacted, or enforced from time to time by (i) the United States (including without limitation by OFAC), (ii) the European Union and enforced by its member states, (iii) the United Nations, (iv) His Majesty's Treasury, or (v) any similar Governmental Authority with regulatory authority over any Group Company.

"**Scheme**" means the Aegon self-invested personal pension scheme of the Group.

"**Security Interest**" means any mortgage, charge, lien, pledge, assignment, trust arrangement or other security interest securing an obligation of any person and any agreement, whether conditional or otherwise, to create any of the foregoing.

"**Seller**" shall be as defined in the SPA.

"**Shares**" means the entire issued share capital of the Company as set out at SCHEDULE 2 of the SPA, and references to "**Share**" shall be construed accordingly.

"**SM&CR**" means the Senior Managers and Certification Regime set out in FSMA and in the FCA Handbook.

"**Software**" means all computer software used in the Business other than the Software Products.

"**Software Products**" means any software product which is (or has in the past been) marketed and/or supplied by any Group Company or any software product in the course of development by or on behalf of any Group Company.

"**SPA**" means the sale and purchase agreement relating to the Company entered into between (1) the Investor Sellers, (2) the Management Sellers, (3) the Growth Share Sellers, (4) the EBT Trustee, (5) the Individual Guarantor, (6) the Company, (7) the Buyer and (8) the Buyer's Guarantor (each as defined therein), dated on or around the date of this Deed.

"**Subsidiary**" means each of those subsidiary undertakings of the Company whose details are set out in SCHEDULE 2 of this Deed and references to "**Subsidiaries**" shall be construed accordingly.

"**Taxation**" or "**Tax**" or "**Taxes**" means any form of tax, levy, impost, duty, charge, contribution (including national insurance and social security contributions), tariff, withholding, deduction, rate or other governmental charge (national or local) of whatever nature, whenever and wherever imposed, which is collected or assessed by, or payable to, a Tax Authority or any other person as a result of any enactment relating to tax, or any amount paid or in respect of, or on account of, any of the foregoing, together with all related fines, penalties, interest, charges and surcharges (including for the avoidance of doubt all fines, penalties, interest, charges and surcharges relating to any Tax Return submitted (or which should have been submitted) to a Tax Authority prior to Completion), and in each case, whether payable directly or imposed by way of a withholding or deduction and in respect of any person whether their liability for the same is a primary or secondary liability.

"**Tax Authority"** or **"Taxation Authority**" means any taxation or other authority (whether within or outside the United Kingdom) which seeks to determine liability for and/or is responsible for the assessment, administration and/or collection of Tax, or the enforcement of any law in relation to Tax, including HMRC.

"**Tax Claim**" means a Tax Warranty Claim and/or a Tax Covenant Claim.

"**Tax Covenant**" means the tax covenants set out in Part 3 of the Tax Schedule.

"**Tax Covenant Claim**" means any claim under the Tax Covenant.

"**Tax Return**" means any report, form, election, information statement or return (whether in tangible, electronic or other form) including without limitation any amendments, schedules, attachments, supplements, appendices and exhibits thereto relating to, or required to be filed or prepared in connection with, any Tax (whether in initial or final form).

"**Tax Schedule**" means SCHEDULE 5 to this Deed.

"**Tax Warranty Claim**" means any claim under the Tax Warranties.

"**Tax Warranties**" means the warranties in Part 2 of the Tax Schedule.

"**Transaction**" means the transaction contemplated by the SPA and this Deed.

"**Transaction Documents**" has the meaning given to it in the SPA.

"**UK GDPR**" means the General Data Protection Regulation (Regulation (EU) 2016/679) as incorporated into the law of the United Kingdom pursuant to the European Union (Withdrawal) Act 2018.

"**VAT**" has the meaning given to it in the SPA.

"**Warranties**" means the warranties set out in SCHEDULE 3 with each being a "**Warranty**".

"**W&I Policy**" has the meaning given to it in the SPA.

"**W&I Insurer**" means Ryan Transactional Risk.

"**Warrantors**" means the persons as listed in SCHEDULE 1.

"**Warranty Claim**" means any claim under the Warranties (other than a Tax Claim).

"**Warranty Limitations**" means those limitations applying to the Warranties and (to the extent set out therein as applicable thereto) the Tax Warranties as set out in SCHEDULE 3 and to the Tax Warranties as set out in Part 4 of SCHEDULE 5.

"**Workers**" means all individuals engaged by each Group Company under a contract personally to provide any services to a Group Company (whether on an agency, consultancy, contracting basis or through a personal service company or otherwise), other than the Employees.

1.2 The
 headings of clauses and Schedules are included for ease of reference only and shall not affect
 the interpretation of this Deed.

1.3 In
 this Deed, unless expressly stated otherwise:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) references
 to "**parties** ", "**clauses**" and "**Schedules** "
 are references, respectively, to the parties, clauses and Schedules of this Deed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) no
 inference shall be drawn from the presence or absence of headings;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) the
 words "**include**" and "**including**" (or any similar term)
 shall not be construed as implying any limitation;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) general
 words introduced by the word "**other**" (or any similar term) shall not be
 given a restrictive meaning by reason of the fact that they are preceded by words indicating
 a particular class of acts, matters or things;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) the
 phrase "**to the extent that**" shall mean "if, but only to the extent
 that";

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) the
 word "**person**" shall include any individual, firm, company, corporation,
 or other body corporate, government, state or agency of a state or any joint venture, association
 or partnership, works council or employee representative body (whether or not having separate
 legal personality);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) words
 importing one gender shall be treated as importing any gender, words importing the singular
 shall be treated as importing the plural and vice versa, and words importing the whole shall
 be treated as including a reference to any part thereof;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) the
 words "**in writing**" or "**written**" shall include any non-transitory
 form of visible reproduction of words;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) references
 to the time of day or date shall be construed as references to the time or date prevailing
 in London, England;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(j) where
 any provision of this Deed is qualified or phrased by reference to "**material** "
 or "**materiality** ", such reference shall, unless specified to the contrary,
 be construed as a reference to materiality in the context of the Business taken as a whole;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(k) references
 to "**£**" shall be references to pounds sterling, being the lawful
 currency of the United Kingdom;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(l) where
 it is necessary, in connection with this Deed, to convert any monetary amount from one currency
 to another, the relevant Exchange Rate shall be used;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(m) a
 reference to a statute, statutory provision or subordinate legislation ()"**legislation** ")
 is a reference to such legislation as in force at the date of this Deed or prior to the date
 of this Deed if so implied by the relevant Warranty, but not after the date of this Deed,
 and any reference to compliance with law shall not be deemed breached by reason of changes
 in law occurring after the date of this Deed, and the terms Data Protection Legislation,
 Financial Crime Laws, Sanctions Laws, Law and Pensions Legislation shall be construed accordingly;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(n) section
 1122 CTA 2010 shall apply to determine whether one person is "connected" with
 another for the purposes of this Deed.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(o) a
 reference to any document other than this Deed is a reference to that other document as amended,
 varied, supplemented, superseded or novated (provided that no such amendment, variation,
 supplement, supersession or novation that increases the obligations or liabilities of the
 Warrantors under this Deed shall be valid without the express written consent of each of
 the Warrantors) from time to time; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(p) a
 reference to a "**holding company**" or a "**subsidiary** "
 means a holding company or subsidiary as defined in section 1159 of the Act, save that a
 company shall be treated for the purposes of the membership requirement contained in sections
 1159(1)(b) and (c) as a member of another company even if its shares in that other company
 are registered in the name of (i) its nominee or (ii) another person (or its nominee) by
 way of security or in connection with the taking of security. A reference to an "**undertaking** "
 shall be construed in accordance with section 1161 of the Act and a reference to a "**parent company**" or a "**subsidiary undertaking**" means, respectively,
 a parent company or subsidiary undertaking as defined in section 1162 of the Act, save that
 an undertaking shall be treated for the purposes of the membership requirement in sections
 1162(2)(b) and (d) and section 1162(3)(a) as a member of another undertaking even if its
 shares in that other undertaking are registered in the name of (i) its nominee or (ii) another
 person (or its nominee) by way of security or in connection with the taking of security.

1.4 References
 to any English legal term or legal concept (including any statute, regulation, by-law or
 other requirement of English law) shall in respect of any jurisdiction other than England
 be deemed to include that which most nearly corresponds in that jurisdiction to such English
 legal term or legal concept. This shall not affect any express terms relating to choice of
 law or jurisdiction.

1.5 Capitalised
 terms used but not defined in this Deed shall have the meaning given to them in the SPA.

2. **Effect** 

The terms of this Deed insofar as they have not been fully performed at Completion, shall remain in full force and effect notwithstanding Completion.

3. **Warranties** 

**Warrantors' Warranties**

3.1 Each
 Warrantor severally warrants to the Buyer that, subject to any matters being Disclosed, each
 of the Warranties and Tax Warranties is true, accurate and not misleading at the date of
 this Deed and (save for those Warranties or Tax Warranties which by their construction refer
 to (or are given as at) the date of this Deed only) as at the Completion Date as if repeated
 immediately prior to Completion by reference to the facts and circumstances as at that time.

3.2 Where
 any statement in the Warranties or Tax Warranties is qualified by the expression, "so
 far as the Warrantors are aware" or any similar expression, each Warrantor shall be
 deemed only to have knowledge of anything of which they (individually), and/or each other
 Warrantor is actually aware, having each made reasonable enquiries of each member of the
 Management Team, and such expression or any similar expression shall expressly exclude any
 constructive or imputed knowledge of any Warrantor and the actual, constructive or imputed
 knowledge of any member of the Management Team or any other person.

3.3 Any
 Warranty Claim and/or Tax Warranty Claim shall be limited in accordance with the Warranty
 Limitations, provided that the Warranty Limitations in respect of a Warrantor shall not apply
 in respect of any fraud, wilful misconduct or fraudulent misrepresentation by the relevant
 Warrantor.

3.4 The
 Warranties and Tax Warranties shall continue in full force and effect notwithstanding Completion.

3.5 In
 respect of the Warranties and Tax Warranties repeated by the Warrantors as at the Completion
 Date in accordance with clause 3.1, the Warrantors shall disclose against such Warranties
 and Tax Warranties by providing the Bring Down Confirmation to the Buyer on the Completion
 Date.

3.6 Each
 of the Warranties and the Tax Warranties shall be construed as separate and independent and
 (unless expressly provided to the contrary) shall not be limited by the terms of or by reference
 to any of the other Warranties, Tax Warranties or by anything in this Deed.

3.7 Unless
 the context otherwise requires, each of the Warranties and Tax Warranties given by or relating
 to the Company shall be deemed to be given by or relate to all Group Companies (or each or
 any of them as the context requires) and any reference to the Company in a Warranty or Tax
 Warranty shall be deemed to be a reference to all Group Companies (or each or any of them
 as the context requires).

3.8 Each
 Warrantor agrees with the Buyer:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) that
 the giving by any Group Company and/or any of their respective officers, employees, agents
 or advisers (past or present) to the Warrantors (or any of them) or their agents or advisers
 (past or present) of any information or opinion in connection with, or to form the basis
 of, the Warranties, the Tax Warranties, the Disclosure Letter, the Bring Down Confirmation
 or otherwise in relation to the business or affairs of any Group Company or in connection
 with the negotiation and/or preparation of any of the Transaction Documents shall not be
 deemed to be a representation, warranty or guarantee to the Warrantors of the accuracy of
 such information or opinion;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) save
 in the case of fraud, fraudulent misrepresentation or wilful concealment, to unconditionally
 and irrevocably waive any right or claim which they may have against any Group Company and/or
 any of their respective directors, officers, employees, consultants, agents or advisers for
 any error, omission or misrepresentation in any such information or opinion; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) that
 any such right or claim referred to in clause 3.8(b) shall not constitute a defence to any
 claim by the Buyer under or in relation to this Deed (including the Warranties and the Tax
 Warranties).

3.9 The
 Group Companies, their directors, officers, employees, consultants, agents and/or advisers
 may enforce the terms of clause 3.8 in accordance with the Contracts (Rights of Third Parties)
 Act 1999.

4. Applicable
 Law and Jurisdiction

4.1 This
 Deed and any dispute or claim (including non-contractual disputes or claims) arising out
 of or in connection with it or its subject matter or formation shall be governed by and construed
 in accordance with the law of England and Wales.

4.2 Each
 party irrevocably agrees that the courts of England and Wales shall have exclusive jurisdiction
 to settle any dispute or claim (including non-contractual disputes or claims) arising out
 of or in connection with this Deed or its subject matter or formation.

5. N o
 Set-Off or Withholding

5.1 Save
 as otherwise set out in this Deed, all payments to be made under this Deed shall be made
 in full without any set-off or counterclaim and free from any deduction or withholding, save
 as may be required by law, in which event such deduction or withholding shall not exceed
 the minimum amount which it is required by law to deduct or withhold.

5.2 If
 any deduction or withholding is required by law to be made from any payment under this Deed,
 the amount to be paid to such party shall be increased to such amount as will ensure that
 the net amount received and retained by the Buyer after such deduction or withholding has
 been taken into account is equal to the same amount which would have been received and retained
 by the Buyer had the amount not been subject to deduction or withholding.

5.3 Where
 any payment is made or to be made under this Deed pursuant to an indemnity, compensation,
 reimbursement or covenant to pay provision, the amount to be paid to such party shall be
 increased to such amount as will ensure that the net amount received and retained by the
 Buyer after such Tax has been taken into account is equal to the same amount which would
 have been received and retained by the Buyer had the amount not been subject to Tax (including
 any Tax which would have been charged in the absence of the utilisation of a Relief).

6. General

**Entire agreement**

6.1 The
 Transaction Documents and the documents referred to or incorporated therein constitute the
 entire agreement between the parties relating to the subject matter of the Transaction Documents
 and supersede and extinguish any prior drafts, agreements, undertakings, representations,
 warranties and arrangements of any nature whatsoever, whether or not in writing, between
 the parties in relation to the subject matter of the Transaction Documents.

6.2 Each
 party acknowledges that in entering into the Transaction Documents and any documents referred
 to therein, it does not rely on, and shall have no rights or remedies in respect of, any
 statement, representation, assurance or warranty (whether made innocently or negligently)
 that is not set out in the Transaction Documents.

**Variation and waivers**

6.3 No
 variation of this Deed shall be effective unless made in writing and signed by or on behalf
 of each of the Warrantors and the Buyer and expressed to be such a variation.

6.4 A
 waiver of any right, power, privilege or remedy provided by this Deed must be in writing
 and may be given subject to any conditions thought fit by the grantor. For the avoidance
 of doubt, any omission to exercise, or delay in exercising, any right, power, privilege or
 remedy provided by this Deed shall not constitute a waiver of that or any other right, power,
 privilege or remedy.

6.5 A
 waiver of any right, power, privilege or remedy provided by this Deed shall not constitute
 a waiver of any other breach or default by another party and shall not constitute a continuing
 waiver of the right, power, privilege or remedy waived or a waiver of any other right, power,
 privilege or remedy.

6.6 Any
 single or partial exercise of any right, power, privilege or remedy arising under this Deed
 shall not preclude or impair any other or further exercise of that or any other right, power,
 privilege or remedy.

**Assignment**

6.7 Subject
 to clause 6.8, no party shall be entitled to assign, transfer, charge, sub-contract, delegate,
 create any trust or otherwise deal with the benefit or burden of any provision of this Deed
 without the prior written consent of (i) in the case of an assignment by any of the Warrantors,
 the Buyer, and (ii) in the case of an assignment by the Buyer, each of the Warrantors.

6.8 This
 Deed and the benefits arising under it may be assigned and, in the case of clause (b) of
 this paragraph 6.8, charged or made subject to a trust, in whole or in part by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 Buyer to any member of the Buyer's Group to whom the Buyer transfers any of the Shares
 (provided that if such assignee ceases to be a member of the Buyer's Group, this Deed
 and the benefits arising under it shall automatically transfer back to the Buyer); or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) the
 Buyer to a financial institution as security for any financing (whether equity or debt) or
 refinancing or other banking facilities in respect of or in connection with the Transaction
 (including the Buyer Debt Financing),

in each case, provided that the liability of the Warrantors to such assignee shall be no greater, nor more likely, than it would have been had such assignment not taken place (including, for the avoidance of doubt, any liability for any additional amount payable under clause 5.2), and all the rights, benefits and protections afforded to a party shall continue to apply to the benefit of that party as against the assignee as they would have applied as against the assignee.

6.9 As
 soon as reasonably possible following any assignment in accordance with clause 6.8, the Buyer
 shall give written notice to each of the Warrantors, such notice to contain full details
 of the assignment.

6.10 Any
 purported assignment, transfer, charging, sub-contracting, delegation, declaration of trust
 or dealing in contravention of this clause 6 shall be ineffective.

**Counterparts** 

6.11 This
 Deed may be executed in any number of counterparts, but shall not be effective until each
 party has signed at least one counterpart. Each counterpart constitutes an original, and
 all the counterparts together constitute one and the same agreement.

6.12 Transmission
 of an executed counterpart of this Deed by email (in PDF, JPEG or other agreed format) shall
 take effect as delivery of an executed counterpart of this Deed.

**Third party rights**

6.13 Subject
 to clause 3.9, no provisions of this Deed which confer rights upon any third party shall
 be enforceable pursuant to the Contracts (Rights of Third Parties) Act 1999 by any such third
 party.

**Several liability**

6.14 Except
 where this Deed provides otherwise, obligations, covenants, warranties, representations and
 undertakings expressed to be assumed or given by two or more persons shall in each case be
 construed as if expressed to be given severally, and not jointly and severally.

**Successors**

6.15 This
 Deed shall be binding on the Buyer's assignees and successors in title, provided that
 the liability of any individual and their estate shall cease on the death of that individual.

7. Notices

**Form of notice**

7.1 Any
 notice, request, demand or other communication to be given under or in connection with this
 Deed (a "**Notice**") shall be in writing in English and shall be given by:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) hand
 (including by way of pre-paid delivery by commercial courier);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) email;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) pre-paid
 first class recorded mail if posted to an address in the same country as the country of posting;
 or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) pre-paid
 airmail if posted to an address in a country different to the country of posting;

in each case to the address given below or any other address notified in accordance with clause 7.2(d).

---

| | |
|:---|:---|
| **Warrantors:** |  |
| For the attention of: | Thomas May and Andrew Lakeman, whose details are set out in SCHEDULE 1 |
| Address: | as set out in SCHEDULE 1 |
| Email address: | as set out in SCHEDULE 1 |
| With a copy (such copy not constituting notice) to: | Sellers' Solicitors, for the attention of Michael Pearce ([\*\*\*]) and Robert Ogilvy ([\*\*\*]) |
| **Buyer:** |  |
| For the attention of: | Legal Department, c/o the Buyer |
| Address: | 250 West 34<sup>th</sup> Street, 3<sup>rd</sup> Floor, New York, NY 10119 |
| Email address: | [\*\*\*] and [\*\*\*] |
| With a copy (such copy not constituting notice) to: | Buyer's Solicitors, for the attention of: Gemma Roberts by email to [\*\*\*] |

---

7.2 Unless
 there is evidence that it was received earlier, a Notice shall be deemed to have been served:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) if
 delivered by hand, at the time of delivery;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if
 sent by pre-paid first class recorded mail, on the second Business Day after (and excluding)
 the day of posting;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) if
 sent by pre-paid airmail, on the fifth Business Day after (and excluding) the day of posting;
 or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) if
 sent by email to the email address specified in that clause, on the date of transmission,
 if transmitted before 5:30 pm (local time at the place of destination) on any Business Day
 (and in any other case on the Business Day following the date of transmission), provided
 that no notification of message delivery failure is received by the sender.

7.3 In
 proving service of a Notice, it shall be sufficient to show that delivery by hand was made
 or that the envelope containing the Notice was properly addressed and posted as a first class
 prepaid letter or that the email was successfully transmitted to the correct email address
 (except where a notification of message delivery failure has been received), whether or not
 opened or read by the recipient.

7.4 A
 party may notify the other parties to this Deed of a change to its name, relevant person,
 address or email address for the purposes of clause 7.1 provided that such notification shall
 only be effective on:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) the
 date specified in the notification as the date on which the change is to take place; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) if
 no date is specified or the date specified is less than five clear Business Days after the
 date on which notice is deemed to have been served, the date falling five clear Business
 Days after notice of any such change is deemed to have been given.

7.5 This
 clause 7 shall not apply in relation to the service of any proceedings or other documents
 relating to or in connection with any legal action.

**IN WITNESS** whereof this Deed has been duly executed and delivered as a deed on the date first stated above.

**THE BUYER**

**WISDOMTREE INTERNATIONAL HOLDINGS LTD**

By: /s/ Alexis Marinof

Name: Alexis Marinof

Its: Director

**THE WARRANTORS**

By: /s/ Thomas Andrew May

**ANDREW LAKEMAN** 

pursuant to a power of attorney dated 12 March 2026

By: /s/ Thomas May

Name: Thomas May

## Exhibit 99.1

**Exhibit 99.1**

![](wtt_logo.jpg)

**WisdomTree to Acquire Atlantic House Holdings Limited, Expanding Global ETF Lineup with Defined Outcome and Derivatives Capabilities**

Adds scaled derivatives ETF capabilities to accelerate growth in defined outcome strategies

Expands WisdomTree's Models and Portfolio Solutions capabilities and strengthens UK distribution presence

**NEW YORK & LONDON, 16 March 2026 –** WisdomTree, Inc. (NYSE: WT), a global financial innovator, today announced that it has entered into a definitive agreement to acquire Atlantic House Holdings Limited ("Atlantic House"), a London-based systematic manager specializing in defined outcome and derivatives-driven investment strategies, with approximately £4.1<sup>1</sup> billion (approximately $5.5 billion) in assets under management.

The acquisition advances WisdomTree's strategy of combining strong organic growth with disciplined inorganic expansion and enhances its long-term growth profile through expanded product capabilities, broader distribution, and a deeper model portfolio footprint.

**Key Highlights:**

&nbsp;&nbsp;&nbsp;&nbsp;· Expands global defined outcome and derivatives ETF capabilities, accelerating
product innovation and launch capacity

&nbsp;&nbsp;&nbsp;&nbsp;· Extends WisdomTree's Models and Portfolio Solutions platform into the
UK wealth market

&nbsp;&nbsp;&nbsp;&nbsp;· Enhances cross-distribution through established UK adviser relationships and
broader European reach

&nbsp;&nbsp;&nbsp;&nbsp;· Accelerates growth, diversifies revenues and expands revenue yields and margins

&nbsp;&nbsp;&nbsp;&nbsp;· Modestly accretive in 2026, with future upside from revenue synergies and
operating scale

The purchase price is £150 million (approximately $200 million), payable at closing, subject to customary adjustments. The transaction is expected to close in Q2 2026, subject to approvals, financing and other customary closing conditions.

**Strategic Rationale:**

**Advancing Active ETF and Defined Outcome Capabilities**

The acquisition strengthens WisdomTree's position in one of the fastest-growing segments of asset and wealth management by bringing in house established derivatives and systematic investment expertise with a proven track record. It expands the firm's ability to design, launch and scale differentiated active ETFs and outcome-oriented strategies across global markets.

------

<sup>1</sup> Source: Atlantic House, as of March 11, 2026

![](wtt_logo.jpg)

**Expanding Models and Portfolio Solutions Platform**

The acquisition also extends WisdomTree's Models and Portfolio Solutions platform into the UK, building on established momentum in the United States. The added scale enhances portfolio construction capabilities, supports asset durability within the wealth channel and improves the resilience and quality of the firm's revenue mix over time.

**Expanding UK Adviser Distribution with Global Application**

Atlantic House brings established relationships across the UK independent financial adviser market, enhancing WisdomTree's distribution reach and supporting accelerated growth. This mirrors WisdomTree's successful integrations of Boost ETP in 2014 and ETF Securities in 2018, where existing relationships helped scale the UCITS platform to approximately $15 billion in assets<sup>2</sup>.

**Disciplined and Growth-Oriented Transaction**

The acquisition is expected to be modestly accretive and is consistent with WisdomTree's disciplined capital allocation framework. By combining complementary product capabilities and distribution strengths, the transaction positions the firm for incremental revenue growth through product expansion, cross-distribution and enhanced model portfolio capabilities.

**Jonathan Steinberg, WisdomTree's Founder and CEO**, said, "Atlantic House strengthens WisdomTree across multiple dimensions. It enhances our defined outcome and derivatives capabilities, expands our Models and Portfolio Solutions platform in the UK, and deepens our presence within the wealth channel. Importantly, it aligns with our disciplined capital allocation framework while positioning the firm for incremental revenue growth. This transaction also advances our multi-year strategy to build a more diversified and higher-quality growth platform, expanding on WisdomTree's 2025 acquisition of Ceres Partners, LLC and our strategic entry into private markets."

**Tom May, Chief Executive Officer of Atlantic House**, added, "Joining WisdomTree enables us to enhance our investment offering through WisdomTree's extensive research capabilities and distribution platform. We see a significant opportunity to broaden access to our strategies across Europe and the United States, while continuing to serve our existing clients with the same disciplined approach and investment philosophy. Our products will continue to be managed by the same investment team, under my leadership as Global CIO, Outcome and Derivative Strategies at WisdomTree."

Following the closing of the transaction, Atlantic House's investment team will continue to manage existing strategies while working with WisdomTree to expand capabilities across ETF and model portfolio platforms.

------

<sup>2</sup> Source: WisdomTree as of March 11, 2026

![](wtt_logo.jpg)

**Alexis Marinof, CEO, Europe, WisdomTree,** said, "This acquisition represents an important step in our global growth strategy. Atlantic House has built a differentiated defined outcome, derivatives and model platform with a disciplined investment approach and established client relationships, aligning closely with our strategy to deliver scalable, innovative capabilities to meet evolving client needs. We look forward to welcoming the team to WisdomTree."

This transaction advances WisdomTree's strategy of expanding in structurally growing segments of asset management, including active ETFs, outcome-oriented alternatives and managed models. By integrating differentiated derivatives expertise with its global distribution network, the firm enhances its ability to innovate across public markets while deepening its presence in the wealth channel. Together with its existing strengths in ETFs, private markets and tokenization, the acquisition strengthens the firm's capacity to deliver differentiated exposures and long-term value for clients and stockholders.

Following the completion of the transaction, it is anticipated that WisdomTree will manage approximately $163 billion<sup>3</sup> in assets globally.

**Advisors**

Goodwin Procter LLP is acting as legal counsel to WisdomTree. Piper Sandler & Company is serving as exclusive financial advisor to Atlantic House and DAC Beachcroft LLP and Ogilvy & Wachtel are acting as legal counsel to the shareholders of Atlantic House.

**About WisdomTree**

WisdomTree is a global financial innovator, offering a diverse suite of exchange-traded products (ETPs), models and solutions, private market investments and digital asset-related products. Our offerings empower investors to shape their financial future and equip financial professionals to grow their businesses. Leveraging the latest financial infrastructure, we create products that emphasize access and transparency and provide an enhanced user experience. Building on our heritage of innovation, we offer next-generation digital products and services related to tokenized real world assets and stablecoins, as well as our institutional platform, WisdomTree Connect™, and blockchain-native digital wallet, WisdomTree Prime<sup>®</sup>\*, and have expanded into private markets through the acquisition of Ceres Partners' U.S. farmland platform.

\* The WisdomTree Connect institutional platform and WisdomTree Prime digital wallet and digital asset services are made available through WisdomTree Digital Movement, Inc., a federally registered money services business, state-licensed money transmitter and financial technology company (NMLS ID: 2372500) or WisdomTree Digital Trust Company, LLC, and may be limited where prohibited by law. WisdomTree Digital Trust Company, LLC is chartered as a limited purpose trust company by the New York State Department of Financial Services to engage in virtual currency business. Visit https://www.wisdomtreeconnect.com, https://www.wisdomtreeprime.com or the WisdomTree Prime mobile app for more information.

------

<sup>3</sup> Source: WisdomTree and Atlantic House as of March 11, 2026

![](wtt_logo.jpg)

WisdomTree currently has approximately $157 billion in assets under management globally, inclusive of assets managed by Ceres Partners, LLC as of the last reportable period.

For more information about WisdomTree, WisdomTree Connect and WisdomTree Prime, visit: https://www.wisdomtree.com.

Please visit us on X at @WisdomTreeNews.

WisdomTree<sup>®</sup> is the marketing name for WisdomTree, Inc. and its subsidiaries worldwide.

**PRODUCTS AND SERVICES AVAILABLE VIA WISDOMTREE CONNECT AND WISDOMTREE PRIME:**

**NOT FDIC INSURED \| NO BANK GUARANTEE \| NOT A BANK DEPOSIT \| MAY LOSE VALUE \| NOT SIPC PROTECTED \| NOT INSURED BY ANY GOVERNMENT AGENCY** 

The products and services available through WisdomTree Connect and the WisdomTree Prime app are not endorsed, indemnified or guaranteed by any regulatory agency.

**About Atlantic House** 

Atlantic House is a leading derivatives-based investment manager, supporting multi-asset investors globally in building more predictable, resilient, and effective portfolios.

Specialising exclusively in derivatives, the firm combines deep expertise with robust risk management to deliver efficient, innovative, and tailored investment solutions. This focus allows clients to navigate uncertainty with confidence.

Atlantic House manages a range of market-leading strategies designed to meet specific investment objectives. These include the £2.5 billion Atlantic House Defined Returns Fund, the cornerstone of the firm's Defined Return capability, alongside specialist strategies in Liquid Alternatives, Equity Replacement, Fixed Income, and Hedging, as well as bespoke structured notes offered through the firm's solutions business.

**About Albemarle Street Partners**

Albemarle Street Partners, a part of Atlantic House, provides multi-asset solutions and acts as a trusted partner to independent financial advisers. With a disciplined and academically robust investment approach, they offer responsible, high-quality investment solutions, including multi-asset funds and model portfolios that reflect each adviser's unique advice philosophy.

Committed to supporting advisers' propositions and long-term business growth, Albemarle Street Partners looks to deliver consistent outcomes while providing excellent service and value for money.

Backed by an experienced team, the firm seeks to make a positive impact for advisers and their clients.

![](wtt_logo.jpg)

**Cautionary Statement Regarding Forward-Looking Statements**

This press release may contain a number of "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements about our ability to achieve our financial and business plans, goals and objectives and drive stockholder value, including with respect to our ability to successfully implement our strategic goals relating to our acquisition of Atlantic House and other risk factors discussed from time to time in WisdomTree's filings with the Securities and Exchange Commission ("SEC"), including those factors discussed under the caption "Risk Factors" in our most recent annual report on Form 10-K, filed with the SEC on February 25, 2026, and in subsequent reports filed with or furnished to the SEC. These forward-looking statements are based on WisdomTree's management's current expectations, estimates, projections and beliefs, as well as a number of assumptions concerning future events. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside WisdomTree's management's control, that could cause actual results to differ materially from the results discussed in the forward-looking statements. Forward-looking statements included in this release speak only as of the date of this release. WisdomTree does not undertake any obligation to update its forward-looking statements to reflect events or circumstances after the date of this release except as may be required by the federal securities laws.

**Contact Information**

Media Relations

WisdomTree, Inc.

Jessica Zaloom

+1.917.267.3735

jzaloom@wisdomtree.com

Arran Fano

WisdomTree Europe

+44 20 7448 4336

afano@wisdomtree.com

Investor Relations

WisdomTree, Inc.

Jeremy Campbell

+1.917.267.3859

Jeremy.Campbell@wisdomtree.com

Category: Business Update