Legal Information & Terms of Use Website Terms and Conditions Please read the following Important Legal Information and Terms of Use (the “Terms of Use”) prior to using this website. By using or otherwise accessing this website you agree to the terms, conditions, policies and restrictions governing the use of this website, which thus constitute a legal agreement between you and Lexington Partners L.P. (“Lexington Partners” and, together with its subsidiaries and affiliates, “Lexington”). Lexington may change, suspend or discontinue any aspect of this website at any time, including the availability of any feature, database or content therein. Lexington may also modify these Terms of Use with or without notice to you, and such modified Terms of Use shall be effective immediately upon posting. IF YOU DO NOT AGREE TO ABIDE BY THESE TERMS AND CONDITIONS, DO NOT USE THIS WEBSITE. YOUR CONTINUED USE OF THIS WEBSITE FOLLOWING THE POSTING OF ANY CHANGES TO THE TERMS OF USE CONSTITUTES ACCEPTANCE OF SUCH CHANGES. You must abide by any and all terms of use and policies posted on this website. No Solicitation or Investment Advice Lexington Partners and Lexington Advisors Inc. (“Lexington Advisors”) are each registered investment advisers under the U.S. Investment Advisers Act of 1940. Lexington Partners U.K. LLP (“Lexington U.K.”) is authorized and regulated by the Financial Conduct Authority (“FCA”). Lexington Partners Asia Limited (“Lexington Asia”) is licensed to carry on Type 9 regulated activity under the Securities and Futures Ordinance (Cap. 571 of the Laws of Hong Kong) (the “SFO”). The purpose of this website (including any portion of this website available only to investors) is limited to providing you with general information on Lexington’s services and philosophy. Lexington does not render or offer to render investment advice through this website. Nothing on this website constitutes or forms a part of any offer for sale or subscription of, or any invitation to offer to buy or subscribe for, any securities, nor should it or any part of it form the basis of, or be relied upon in connection with, any contract or commitment whatsoever. Lexington may only transact business or render investment advice in those jurisdictions where one or more of the Lexington entities are registered and/or have made the appropriate notice filling with such jurisdiction’s regulatory authority, or where Lexington is otherwise excluded or exempted from such jurisdiction’s registration and/or notice filing requirements. This website is a publication of Lexington. To the extent that materials on this website are directed at users in the United Kingdom, it is issued or approved by Lexington U.K. Nothing herein is intended to constitute legal, accounting, tax, securities or investment advice, an opinion regarding the appropriateness of any investment, or an offer or a solicitation to buy or sell a security of any type (including, for the avoidance of doubt, a share or unit in an alternative investment fund as defined by the EU Alternative Investment Fund Managers Directive) or to engage in any other transaction. The contents of this website are intended for general information purposes only. Lexington’s investment advisory services are provided only to a limited number of private investment vehicles; Lexington does not make its services available to the public. Nothing contained on this website should be relied on in making any investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. In the United Kingdom, this communication is only made to, or directed at, the following persons: (a) persons who have professional experience in matters relating to investments and who are “Investment Professionals” as defined in Article 14 of the Financial Services and Markets Act 2000 (Promotion of Collective Investment Schemes) (Exemptions) Order 2001 (the “CIS Exemptions Order”), (b) persons who are high net worth companies, unincorporated associations, partnerships or trusts falling within any of the categories of persons described in Article 22 of the CIS Exemptions Order, and (c) any other persons to whom it may otherwise lawfully be made (together, “Relevant Persons”). This communication is not addressed to, and must not be distributed to or acted on by, any person in the United Kingdom who is not a Relevant Person. Any investment or investment activity to which this communication relates is available only to the Relevant Persons and will be engaged in only with such persons. This communication has not been approved by the Securities and Futures Commission of Hong Kong and no advertisement, invitation or other document relating to any securities, whether in Hong Kong or elsewhere, has been or will be issued, which is directed at, or the contents of which are likely to be accessed or read by, the public of Hong Kong (except if permitted to do so under the securities laws of Hong Kong) other than with respect to securities which are or are intended to be disposed of only to persons outside Hong Kong or only to “professional investors” as defined in the SFO and any rules made under the SFO. Any investment or investment activity to which this communication relates is available only to designated persons who are “professional investors” as defined in the SFO (and any rules made thereunder) and may not be delivered to any other person. You are advised to exercise caution in relation to this communication. To the extent that materials on this website are directed at users in Chile, nothing herein is intended to constitute legal, accounting, tax, securities or investment advice, an opinion regarding the appropriateness of any investment, or an offer or a solicitation to buy or sell a security of any type or to engage in any other transaction. The contents of this website are intended for general information purposes only. Nothing contained on this website should be relied on in making any investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. This communication has not been approved by the Superintendence of Securities and Insurance of Chile and no advertisement, invitation or other document relating to any securities, whether in Chile or elsewhere, has been or will be issued, which is directed at, or the contents of which are likely to be accessed or read by, the public of Chile (except if permitted to do so under the securities laws of Chile and especially under private offer rules pursuant to General Rule No. 336 issued by the Superintendence of Securities and Insurance of Chile). In any case, the securities shall not be subject to public offering in Chile unless they are duly registered in the relevant securities registry of the SVS. To the extent that materials on this website are directed at users in Brazil, nothing herein is intended to constitute an offer, solicitation or recommendation regarding any investment product or service, or the offer to sell or the solicitation of an offer to buy any security or to engage in any transaction. The contents of this website are intended for general information purposes only. Nothing contained on this website should be relied on in making any investment decision. This website does not constitute an offering or recommendation by Lexington Partners to residents of Brazil of any security, investment management service or advisory service. You should obtain relevant and specific professional advice before making any investment decision. This website and the information contained herein has not been approved by the Brazilian Securities Commission and no advertisement, invitation or other document relating to any securities, whether in Brazil or elsewhere, has been or will be target at the general public of Brazil (except if permitted to do so under the securities law and regulation of Brazil, as applicable). In any case, the securities shall not be subject to public offering in Brazil unless they are duly registered or exempted from registration with the Brazilian Securities Commission. No entity of the Lexington Partners’ group is registered as a brokerage firm, investment advisor or financial services firm in Brazil. To the extent that materials on this website are directed at users in Luxembourg, it is issued or approved by Lexington Partners Luxembourg S.à r.l. Nothing herein is intended to constitute legal, accounting, tax, securities or investment advice, an opinion regarding the appropriateness of any investment, or an offer or a solicitation to buy or sell a security of any type (including, for the avoidance of doubt, a share or unit in an alternative investment fund as defined by the EU Alternative Investment Fund Managers Directive) or to engage in any other transaction. The contents of this website are intended for general information purposes only. Lexington’s investment advisory services are provided only to a limited number of private investment vehicles; Lexington does not make its services available to the public. Nothing contained on this website should be relied on in making any investment or other decision. You should obtain relevant and specific professional advice before making any investment decision. Limited Right of Use/Ownership of Contents The contents of this website are intended for the personal, noncommercial use of its users. All materials published on this website (the “Content”) are protected by copyright, trademark and all other applicable intellectual property laws, and are owned and controlled by Lexington or a party credited as the provider of such Content. Except as specifically set forth in these Terms of Use, you may not modify, adapt, translate, exhibit, publish, transmit, participate in the transfer or sale of, create derivative works from, distribute, perform, display, reverse engineer, decompile or disassemble, or in any way exploit any of the Content or software forming part of this website in whole or in part. Lexington reserves the right to terminate at any time and without notice any users’ access to this website. Disclaimers, Limitation of Liability and Indemnification Lexington hereby disclaims all warranties and representations of any kind with regard to this website, including any implied warranties of merchantability, non-infringement of third party rights, freedom from viruses or other harmful code, or fitness for a particular purpose. All investment performance information and data herein shall refer to Lexington Partners L.P. and its affiliated entities, and with respect to information regarding secondary fund committed capital and secondary investments (including data regarding secondary interests acquired and secondary transactions completed) includes the investment activities of investment professionals at Lexington’s predecessor firm with respect to six co-managed secondary funds (the “Co-Managed Secondary Funds”) managed by Lexington’s predecessor formed during the period 1990 to 1995. Lexington was established in 1994 as an independent entity by certain principals and employees of its predecessor. Of the six Co-Managed Secondary Funds, Lexington assumed primary, but not exclusive, investment responsibilities with respect to three funds focused on secondary buyout and mezzanine interests and Lexington’s predecessor firm assumed primary, but not exclusive, investment responsibilities with respect to three funds focused on secondary venture capital interests. This website and the information contained herein are provided “as is.” The information contained on this website is gathered from sources deemed to be reliable; however, Lexington does not warrant the accuracy, adequacy or completeness of the information and material contained on this website as of the viewing date and expressly disclaims liability for errors or omissions in such information and materials. Lexington does not make any commitment to update any material or information on this website. Lexington is not liable for any consequential, incidental, special, punitive or exemplary damages arising out of any use of, or inability to use, this website or any portion thereof, regardless of whether Lexington has been apprised of the likelihood of such damages occurring and regardless of the form of action, whether in contract, warranty, tort (including negligence), strict liability, or otherwise. By accessing and/or using this website, you agree to indemnify, defend and hold Lexington and its respective officers, directors, partners, employees, members, agents, information providers, affiliates, licensors and licensees (collectively, the “Indemnified Parties”) harmless from and against any and all liability and costs, including without limitation reasonable attorneys’ fees and expenses, incurred by the Indemnified Parties in connection with any claim arising out of a breach by you of these Terms of Use or the representations, warranties and covenants deemed made by you hereunder. You agree to cooperate as fully as reasonably required in the defense of any claim. Lexington reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you. You shall not enter into any settlement agreement which affects the rights of any of the Indemnified Parties or requires any of the Indemnified Parties to take any action, without Lexington’s prior written approval. There may be legal requirements in various countries and jurisdictions which may restrict the information that can be accessed. Persons who obtain information from this website should inform themselves about and observe any restrictions imposed in the jurisdiction in which this website is accessed. Submitted Materials & Submitting Plans Unless specifically requested, Lexington does not solicit, nor does Lexington wish to receive, any confidential, secret or proprietary information or other material from you through this website, by e-mail, through the “Contact Us” feature, or in any other way. Any materials submitted or sent on or through this website in any manner (collectively, “Submitted Materials”) will be deemed not to be confidential or secret, and may be used by us in any manner consistent with these Terms of Use. By submitting Submitted Materials on this website, you: (i) represent and warrant that you either own your Submitted Materials, or that you have the necessary licenses, rights, consents and permissions to use such Submitted Materials and submit them to this website; and (ii) you grant Lexington a royalty-free, unrestricted, worldwide, perpetual, irrevocable, non-exclusive and fully transferable, assignable and sublicensable right and license to use such material (in whole or part) in any manner and/or to incorporate it (in whole or in part) in other works (including, without limitation, this website), products or services in any form, media, or technology now known or later developed. Lexington is not obligated to review any Submitted Materials. Lexington cannot be responsible for maintaining any Submitted Material you provide to this website, and we may delete or destroy any such Submitted Material at any time. User Conduct Without limitation of the other terms and conditions set forth herein, while accessing or using this website, the Content and/or the various other features available on this website, you agree that you shall not: • impersonate any person or entity or misrepresent your affiliation with any other person or entity, whether actual or fictitious, including anyone from this website or Lexington; • use, redistribute, republish or exploit any part of this website or any Content for any commercial or promotional purposes; • obtain or attempt to gain unauthorized access to other computer systems, materials, information or any services available on or through this website through any means, including through means not intentionally made publicly available or provided for through this website; • engage in spidering, “screen scraping,” “database scraping,” harvesting of e-mail addresses or other personal information, or any other automatic or unauthorized means of accessing, logging-in or registering on this website, or obtaining lists of users or other information from or through this website including, without limitation, any information residing on any server or database connected to this website; • use this website, the Content or its features and services in any manner that could interrupt, damage, disable, overburden or impair this website or interfere with any other party’s use and enjoyment of this website, including, without limitation, sending mass unsolicited messages or “flooding” servers with requests; • use this website or the Content (including by submitting Submitted Materials) to, or in any other manner, violate, plagiarize or infringe the rights of third parties, including without limitation, copyright, trademark, trade secret, confidentiality, contract, patent, rights of privacy or rights of publicity or any other proprietary or legal right; • upload, post, publish, distribute or otherwise transmit any information or material which constitutes or contains a virus, spyware, or other harmful component, or which contains any embedded links, advertising, chain letters or pyramid schemes of any kind; • disclose any sensitive, proprietary or confidential information, about yourself or anyone else; • attempt (or encourage or support anyone else’s attempt) to circumvent, reverse engineer, decrypt, or otherwise alter or interfere with this website; or • use this website or its services (or any Content), in whole or in part, or submit any information to this website, in violation of any applicable law, rule or regulation. Hyperlink Policy At certain places on this website, live ’links’ to other Internet addresses can be accessed. Such external Internet addresses contain information created, published, maintained, or otherwise posted by institutions or organizations independent of Lexington. Lexington does not endorse, approve, certify, or control these external Internet websites and does not guarantee or assume responsibility for the accuracy, completeness, efficacy or timeliness of information located at such websites, nor does Lexington warrant that such websites are free from claims of copyright, trademark, or other infringement of the rights of third parties or that such websites or content are devoid of viruses or other contamination. Use of any information obtained from such websites is voluntary, and at such user’s own risk, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference therein to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by Lexington. You acknowledge and agree that we have no responsibility for the information, content, products, services, advertising, code or other materials which may or may not be provided by or through such other sites. Copyright and Trademarks Copyright 2021 Lexington Partners. All Rights Reserved. Lexington, Lexington Partners, Lexington Advisors, Lexington U.K., Lexington Asia and the Lexington Partners logo are trademarks and/or service marks of Lexington and may not be used without the express written consent of Lexington Partners. All other marks are property of their respective owners. Any copying of information or documents published on this website without prior written approval from Lexington is strictly prohibited. Miscellaneous These Terms of Use constitute the entire agreement between you and Lexington and govern your use of this website and any services offered through this website. This agreement supersedes any prior terms of use or other agreements concerning the subject matter hereof between you and Lexington. These Terms of Use and the relationship between you and Lexington shall be governed by, and construed and enforced in accordance with, the laws of the State of New York without regard to its conflict of law provisions that might cause the application of the laws of another jurisdiction. You agree to submit to the personal and exclusive jurisdiction of the federal and state courts located within the County, City and State of New York for the resolution of any disputes arising out of or relating to these Terms of Use or this website. The failure by Lexington to exercise or enforce any right or provision of these Terms of Use shall not constitute a waiver of such right or provision, and no waiver shall be enforceable unless in writing and signed by the party against whom enforcement is sought. If any provision of these Terms of Use is found by a court of competent jurisdiction to be invalid, the other terms and conditions of these Terms of Use shall remain in full force and effect. Japanese Regulatory Requirement Please click here to review Form 20-2 – SPBQII Public Inspection Form. Our Team Milestones TERMS OF USE PRIVACY POLICY CONTACT © 2021 Lexington Partners L.P. All Rights Reserved.