Scope of Services: Carta Luxembourg - CIV Entity Administration

Per annum pricing will be determined based on your individual CIV structure, needs, and complexities.

Please take note of the client deliverables and related timelines outlined below, as they will impact service and turnaround by the Carta team. We look forward to your continued partnership.

I. Accounting Function

CIV Entity

Local GAAP (LuxGAAP), International Financial Reporting Standards (IFRS) or U.S. GAAP Reporting

The following statements will be produced by Carta:

• Balance sheet

• Statement of Operations

Books and Records

Carta will keep safe, update and maintain the accounting books and records for the CIV Entity, as required by Applicable Laws¹. You will have easy, read-only access to review the books and records.

For the CIV Entity, Carta will:

• Recording and maintaining books of all transactions, if needed

• Reconciling of bank accounts on a periodic or annual basis depending on needs

• If applicable, provide the valuation of the investment in the fund entity

Necessary documents or information you will provide Carta:²

• Fully executed constitutional documentation (the articles of association, limited partnership agreement or management regulations) with list of commitments and carry percentage by investors*

• Fully executed subscription packets*

• Tax Filings and K-1s (if applicable)

• Onboarding data including CRS/FATCA self-cert forms, contact information*

• Submit accrual adjustments and invoices

Banking and Payments³

Carta will:

• Set up electronic payments for all cash activity as requested

• Confirm all CIV Entity expenses are done in accordance with the operating agreements

• When applicable, to release payments on your behalf upon approval

You will provide Carta:

• Access to the entity’s bank account as required, with the ability to set up payments

• Invoices and supporting documents for payments

• Wire or other payment instructions and approval

You are responsible for:

• Setting up bank accounts, one for each Carta administered entity, with your chosen banking partner

• Ensuring accurate user profile setup within the Carta platform

• Establishing authorized access to your bank account

• Resolving any failed, rejected, returned, or on hold payments due to additional information or documentation needed by your banking partner

These services are subject to the Fund Administration Payment Terms and Conditions located at https://carta.com/legal/terms-agreements/luxembourg-fund-administration-payment-terms-conditions/

Year-end Financial Statements, Filings and Audit

Carta will:

• Prepare financial statements including notes to the accounts (if required) in accordance with rules and regulations and accounting principles accepted by the Grand Duchy of Luxembourg

• Manage year-end audit (if applicable) as agreed upon between Carta, Client, and auditor (based on the reporting policy stated in the fund entity's legal documents and regulation)

• Draft and maintain timeline for all parties involved

• Provide books, records, and supporting documentation to auditor and your other providers as applicable

• Completion of auditor-provided template for audit confirms; auditor to send and collect from various parties (portfolio companies, banks, legal counsel, etc.)*

• Distribute audit report and K-1s generated by your auditor and tax provider, respectively, through the Carta platform

Necessary documents or information you will provide Carta:²

• Deliverables in accordance with agreed-upon timeline

• Execution of the engagement letters, audit representation letter, audit confirmations, and tax returns with executed copies to Carta as applicable

• Collection of financials and other valuation support of the underlying fund entity

II. Registrar Services

Investors register services

Carta will:

• Prepare and maintain the investors register

• Perform AML procedures with respect to current and prospective investors

• Maintain investor static data

You will:

• KYC documents collected from investors

• Fully executed constitutional documents with list of commitments and carry percentage by investors

• Fully executed subscription packets

• Investor AEOIs, W-8s, W-9s, or other up to date tax and contact information*

Distributions

Carta will:

• Perform distributions in line with commitments and carry percentage by investors

• Send notifications to investors to update their wire instructions on the Carta platform

• Draft and publish distribution notices through Carta platform

• Set up distribution wires in your bank account as approved

You will:²

• Provide the amount to be distributed and provide final sign-off on calculations.

* If you have purchased Fund Administration services, we will already have this information.

To discuss any services that are outside of the scope addressed above, please talk to your Carta representative.

¹ ‘Applicable Laws’ means the applicable laws and regulations of the Grand Duchy of Luxembourg or abroad, including, for the avoidance of doubt, the Commission de Surveillance du Secteur Financier and other regulatory authorities' circulars, guidelines or instructions.

² Additional documentation or information may be required by Carta as circumstances warrant. Client’s failure to meet required timelines for documentation may result in delay of delivery by Carta of any deliverables reliant on such client inputs.

³ Change in banking partner may result in a fee adjustment.