THIS MATERIAL IS CONFIDENTIAL AND PROVIDED FOR INFORMATION PURPOSES ONLY. PLEASE SEE IMPORTANT DISCLOSURES BELOW.

The information set forth in these materials (including any written materials provided herewith) is proprietary and shall be maintained in strict confidence. Each recipient hereof acknowledges and agrees that the contents of this presentation (i) constitute proprietary and confidential information that Neman Ventures LLC and its affiliates (collectively, “Neman Ventures”) derive independent economic value from not being generally known, and (ii) are the subject of reasonable efforts to maintain their secrecy. The recipient further agrees that the contents of this document are a trade secret, the disclosure of which is likely to cause substantial and irreparable competitive harm to Neman Ventures. Any reproduction or distribution of this document, in whole or in part, or the disclosure of its contents, without the prior written consent of Neman Ventures, is prohibited. This document will be returned to Neman Ventures upon request.

Neman Ventures has prepared these materials as of the date hereof and Neman Ventures undertakes no obligation to update or keep current the information contained herein.

Certain statements in this document constitute forward-looking statements. When used herein, the words “project,” “anticipate,” “believe,” “estimate,” “expect” and similar expressions are generally intended to identify forward-looking statements. Such forward-looking statements, including the intended actions and performance objectives of the relevant party referenced herein, involve known and unknown risks, uncertainties and other important factors that could cause the actual results, performance or achievements of such party to differ materially from any future results, performance or achievements expressed or implied by such forward-looking statements. All forward-looking statements in this document speak only as of the date hereof. Neman Ventures expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statement contained herein to reflect any change in its expectation with regard thereto or any change in events, conditions, or circumstances on which any such statement is based. Furthermore, nothing contained herein is, or should be relied upon as, a promise or a representation as to the future performance of any fund sponsored by Neman Ventures (the “Fund”).

These materials do not constitute an offer to sell or the solicitation of an offer to buy an interest in any Fund or any other security. Any such offer will be made solely to qualified investors by means of a final limited partnership agreement and subscription materials (“offering materials”), which will contain material information not contained herein and to which prospective investors are directed. This content is not intended to replace such materials. Any such offering materials will supersede these materials and any other marketing materials in whatever form provided by Neman Ventures to prospective investors. Before investing, you should carefully read such materials in their entirety. Prior to accepting any commitments to any Fund, prospective investors will have the opportunity to ask questions and receive answers and additional information concerning the terms and conditions of such Fund.

Recipients of these materials are not to construe them as investment, legal or tax advice, and they are not intended to provide the basis for any evaluation of an investment in any Fund. Prospective investors should consult with their own legal, investment, tax, accounting and other advisors to determine the potential benefits, burdens and risks associated with making an investment in any Fund. The securities described herein have not been approved, disapproved, endorsed or recommended by any United States federal or state securities commission or regulatory authority. The foregoing authorities have not confirmed the accuracy or determined the adequacy of this document. No other independent person has confirmed the accuracy or truthfulness of this disclosure, nor whether it is complete. Any representation to the contrary is illegal. These materials are not intended for distribution to, or used by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation.

Each of the individuals quoted in the materials are familiar with and have had past dealings with one or more of the principals of Neman Ventures’ investment team. No cash or non-cash compensation was provided with regard to any of the various testimonials/endorsements. Neman Ventures is not aware of any material conflicts of interest on behalf of the notable individuals concerning the statements made and Neman Ventures’ (and/or its principals’) relationship with such notable individuals. Past performance is not necessarily indicative of future results.

The case studies are presented for illustrative purposes only, have been selected in order to provide an example of the types of investments made by Neman Ventures, and does not purport to be a complete list thereof. There is no assurance that any Fund will consummate comparable investments or that any such comparable investment, if consummated, will prove to be successful.

The discussion of portfolio construction is intended for illustrative purposes only, intended, among other things, to show Neman Ventures’ anticipated approach to deploying capital on behalf of a Fund, which is subject to modification. There can be no assurance that a comparable portfolio will be achieved.