Scope of Services: Carta UK Europe Target Due Diligence

SERVICE

CARTA RESPONSIBILITIES

CLIENT RESPONSIBILITIES

Portfolio/Target AML/KYC Due Diligence

Carta will provide the AML and KYC services, including portfolio/target Due Diligence (“KYT”) for all portfolio/target entity and their beneficial owners (UBOs), as follow:

Onboarding

Collecting and reviewing of portfolio/target documents and relevant information as required Identification and verification of the identities of the directors and ultimate beneficial owners, such as -

Entity information;

• Incorporation documents and control person of the entity;

• Individual beneficial owners as applicable; and

• Verification of IDs

Conduct screening on the portfolio/target and its related parties(directors/ultimate beneficial owners and provide a report to the GP on the results for the following:

• Politically Exposed Person (PEP) list;

• Sanctions list;

• Watch list;

• Enforcement list; and

• Adverse media.

Perform risk rating assessment on the investor

Ongoing monitoring

• Conduct ongoing monitoring.

• Provide update to the GP on any change in the screening and risk rating of the portfolio/target

GP (or legal counsel) to provide Carta with all necessary KYC documents containing the relevant information required by Carta to perform the AML/KYC due diligence services on the portfolio/target and its related parties. Such as:

For entities:

• Copy of formation documents;

• Register of Directors and Controlling Persons;

• Register of Shareholders (ultimate beneficial owner);

• Identification and verification of IDs of each director, controlling person and shareholder (beneficial owner with more than 25% or 10% or more ownership in some instances). Current Passport, Photocard Driving Licence, Govt issued ID card.

• Bank details

NOTE: List of KYC documents required subject to the types of investors.