Elena Viceira

Bewater Funds is Bewater Asset Management SGEIC commercial brand, an asset manager that incorporates funds aimed at professional investors, that invest on non listed companies with the particularity that within each of the funds there is one single company (there is no diversification). The objective is to reduce the traditional scarcity of liquidity for non listed companies. Average liquidity discount ranges from 30 to 50% and this dries up liquidity in the segment. Bewater Asset Management SGEIC is 100% subsidiary of Bewa7er Market SL, whose main shareholders are Cabiedes & Partners, François Derbaix, Unai Ansejo and Ramón Blanco. Bewa7er Market SL is also the mother company of Indexa Capital AV. Bewater Funds is going to invest in the following type of companies: - high sales growth - there must be a shareholders agreement in place. - in general it must have positive cash flow or the cash necessary to reach it - in general it will have a valuation below 10 times sales - in general it wil have audited accounts

ShawSpring pursues a single, long-term investment approach with the objective of generating high absolute returns and meaningful outperformance of market indices. Our team focuses its efforts on studying business models globally in the technology, internet, and consumer sectors. We are typically attracted to industry leaders with defensible competitive advantages, resulting in durable unit economics and attractive free cash flow generation. Our opportunity set specifically hones in on three business model types: 1.) Scaled Aggregators, such as Marketplaces or Networks; 2.) Vertically-Integrated, Capital-Intensive Businesses; and 3.) Cognitive Referents. Given our long-term approach, we place a premium on managerial character and alignment of management teams with shareholder interests. Our research efforts culminate in a concentrated portfolio of typically 5-10 high-growth businesses that we believe can compound our capital over a multi-year investment horizon. Past performance is not indicative of future returns.

Bewater Funds is Bewater Asset Management SGEIC commercial brand, an asset manager that incorporates funds aimed at professional investors, that invest on non listed companies with the particularity that within each of the funds there is one single company (there is no diversification). The objective is to reduce the traditional scarcity of liquidity for non listed companies. Average liquidity discount ranges from 30 to 50% and this dries up liquidity in the segment. Bewater Asset Management SGEIC is 100% subsidiary of Bewa7er Market SL, whose main shareholders are Cabiedes & Partners, François Derbaix, Unai Ansejo and Ramón Blanco. Bewa7er Market SL is also the mother company of Indexa Capital AV. Bewater Funds is going to invest in the following type of companies: - high sales growth - there must be a shareholders agreement in place. - in general it must have positive cash flow or the cash necessary to reach it - in general it will have a valuation below 10 times sales - in general it wil have audited accounts

Lead Edge Capital is a $9 billion growth equity firm backing software, internet, and tech-enabled businesses around the world. Since 2011, we’ve partnered with over 100 companies, including Alibaba Group, Asana, Duo Security, Grafana Labs, Live View Technologies (LVT), Toast, and Wise and have seen more than 60 successful exits. We look for companies where our network of investors can make a meaningful difference, and where speed, access, and execution matter. We’re powered by a global investor network of 700+ operators, executives, and entrepreneurs who do more than commit capital. They help connect our portfolio companies with the customers, talent, and advisors needed to accelerate growth. Lead Edge has offices in New York, London, and Santa Barbara.

ShawSpring pursues a single, long-term investment approach with the objective of generating high absolute returns and meaningful outperformance of market indices. Our team focuses its efforts on studying business models globally in the technology, internet, and consumer sectors. We are typically attracted to industry leaders with defensible competitive advantages, resulting in durable unit economics and attractive free cash flow generation. Our opportunity set specifically hones in on three business model types: 1.) Scaled Aggregators, such as Marketplaces or Networks; 2.) Vertically-Integrated, Capital-Intensive Businesses; and 3.) Cognitive Referents. Given our long-term approach, we place a premium on managerial character and alignment of management teams with shareholder interests. Our research efforts culminate in a concentrated portfolio of typically 5-10 high-growth businesses that we believe can compound our capital over a multi-year investment horizon. Past performance is not indicative of future returns.