Page 3 - investor presentation
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Important Information to Recipients




           Neither SK (hereinafter “the Group”) nor any of its applicable affiliates makes any representations or   General Notes on IRR Calculation
           warranties, express or implied, as to the accuracy or completeness of the information in this pres-  IRR calculations are estimated, unaudited and subject to adjustment. The IRRs set forth herein
           entation (this “Presentation”), other than the historical financial performance set forth herein. The   are based in part on current valuations of unrealised investments or the unrealised portion of
           Presentation speaks as of the date hereof. SK and its respective affiliates, members, partners, stock-  any partially realised investments and such valuations have not been audited on an individual
           holders, managers, directors, officers, employees and agents do not have any obligation to update   basis. There can be no assurance that such investments will ultimately be realised at their
           any part of this Presentation. Performance and other information herein about selected past SK in-  current valuations. All IRR figures shown for SK investments gross IRRs based on cash flows
           vestments is intended to illustrate SK’s experience making investments. The past investments pre-  denominated in US Dollars. The IRR calculations treat each investment as having been made
           sented herein were selected by SK on the basis of subjective criteria, and different persons might   on the last day of the SK  fiscal year in which the investment was made and treat any proceeds
           reach different conclusions as to individual investments’ relevance and about which investments to   related to a realisation event as having been received on the last day of the SK  fiscal year in
           include in such selection.                                                      which the applicable realisation event occurred. Such gross IRR figures reflect actual or esti-
                                                                                           mated investment-level performance (aggregated where relevant), excluding fund-level items
           Certain information herein refers to certain trends in the technology and related industries. There can   such as management fee, carried interest, operational expenses and unconsummated deal
           be no assurance that such trends will continue. The investments included in this Presentation are not,   costs. Past performance is not necessarily indicative of future results.
           and do not purport to be, representative of all investments, or all types of investments, previously
           made by SK . The performance of these selected investments is not indicative of future performance.
           The investment performance information included herein is as of 30 Dec 2021. An update of the   Unrealised Investments
           investment performance information herein, including to reflect any changes to the market value   The IRRs set forth in this Presentation are based in part on current valuations of unrealised in-
           of any publicly traded securities, may produce different performance numbers. Nothing contained
           herein should be relied upon as a guarantee, promise, forecast or representation as to the future.   vestments or the unrealised portion of any partially realised investments and such valuations
                                                                                           have not been audited on an individual basis. There can be no assurance that such invest-
           Past performance is not necessarily indicative of future results. Certain information contained herein
           constitutes “forward-looking statements,” which can be identified by the use of terms such as “may”,   ments will ultimately be realised at their current valuations.
           “will”, “should”, “expect”, “project”, “estimate”, “intend”, “continue”, “target” or “believe” (or the nega-
           tives thereof) or other variations thereon or comparable terminology. In particular, this Presentation   Composite Performance
           contains certain information regarding SK ’s expected organization, operations and activities in the
           future. This information has been set out for illustrative purposes only, and does not constitute fore-  Aggregate, composite and cumulative investment performance data herein represents aggre-
           casts.                                                                          gate data of multiple SK  investments. However, SK  investments were made during different
                                                                                           economic cycles and any such performance reflects neither a specific SK  investment nor a
                                                                                           group of investments managed as a single portfolio. It should not be assumed that any indi-
           This Presentation has been prepared based on SK ’s current view in relation to future events and vari-
           ous assumptions, including assumptions with respect to events that have not occurred, any of which   vidual investor has received the investment performance indicated by such aggregate, com-
           may prove incorrect. While based on assumptions that SK  believes are reasonable under the circum-  posite or cumulative performance data.
           stances, they are subject to uncertainties, changes (including changes in economic, operational, polit-
           ical, legal, tax and other circumstances) and other risks, including, but not limited to, broad trends in
           business and finance, tax and other legislation affecting SK , all of which are unknowable and beyond   Subsequent Events (Post-30 December 2021 Realisations)
           SK ’s control and any of which may cause SK ’s organization, operations or activities to be materially   An update of the investment performance information herein, including to reflect any chang-
           different from those described in this Presentation. Nothing contained in this Presentation may be   es to the market value of any publicly traded securities, may produce different performance
           relied upon as a guarantee, promise or forecast or a representation as to the future. Recipients should   numbers and, in some cases, different selections of investments.
           not rely on any forward-looking statements.



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