EFTA01370431.pdf

Experienced Team Supported by Operational, Reporting and Governance Structure Thorough • 7 dedicated investment professionals with complimentary skill sets allow for thorough analysis of each investment and ongoing Investment monitoring Procedures • Analysis focused on industry dynamics, competitive position, predictability of cash flow, debt service coverage and leverage ratios, and equity cushion • All investments and dispositions must be approved on a unanimous basis by 9 member Investment Committee • A lead and back-up analyst are responsible for the ongoing monitoring of each credit Enhanced • Hypothetical trade tests are performed by the investment team and Loan Information Agent (US Bank middle office), prior to any Controls and investments or dispositions Compliance • Indenture covenant compliance is tracked by investment team, FAO', Loan Information Agent, and Trustee (US Bank) • Trade, payment and monthly reports are produced by the Trustee and reviewed by the investment team and FAO • Ernst & Young serves as the Recalculation Agent to ensure that all covenant ratios are calculated accurately Robust Operational • Daily and ongoing communication between investment team, FAO, Loan Information Agent and Trustee Structure • Investment team, FAO, and US Bank have multiple redundancies with strong working knowledge of RIN • Daily reconciliation of positions and cash balances between investment team, Loan Information Agent and Trustee • Quarterly payment waterfall tie-out between investment team, FAO, Loan Information Agent and Trustee • Loan Information Agent utilizes CDO Suite to track RIN portfolio Integrated • Integrated data feeds from Bloomberg, Mandl, rating agencies, and third party pricing providers Technology • Well established trading platform and settlement process in line with LSTA standards Suite • 24/7 technology support professionals mitigate business disruption risk • Tested business continuity plan in place whereby employees have remote access to necessary systems (1) Fund Administration Oversight. Deutsche Asset Management Infrastructure Debt Presentation: RIN II Equity March 2018 10 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0063228 CONFIDENTIAL SDNY_GM_00209412 EFTA01370431