Charter Member Application

Accredited Investor generally includes, but is not limited to, the following, each subject to further definition in accordance with Regulation D under the Securities Act:(i) a person with a net worth of $1 million (including jointly with a spouse or spousal equivalent (defined as a cohabitant occupying a relationship generally equivalent to that of a spouse)), excluding the value of his or her primary residence; (ii) a person having $200,000 in annual income ($300,000 jointly with a spouse or spousal equivalent) for the past two (2) years plus a reasonable expectation for income exceeding such threshold in the current year; (iii) any natural person holding in good standing one or more professional certifications or designations or credentials from an accredited educational institution that the SEC has designated as qualifying an individual for accredited investor status; (iv) any bank as defined under the Securities Act or certain other financial institutions such as, but not limited to, SEC registered investment advisers, SEC registered broker-dealers and insurance companies as defined in the Securities Act; (v) a private business development company, as defined under the Advisers Act; (vi) any corporation, business trust, partnership or 501(c)(3) organization not formed for the specific purpose of acquiring the securities offered, with total assets in excess of $5 million; (vii) any trust with total assets in excess of $5 million not formed for the specific purpose of acquiring the securities offered, whose purchase is directed by a sophisticated person as described in Rule 506 of Regulation D under the Securities Act; (viii) any entity in which all of the equity owners are accredited investors; (ix) any entity not otherwise listed which was not formed for the specific purpose of acquiring the securities offered, whose investments exceed $5 million; (x) any “family office” with assets under management in excess of $5 million that is not formed for the specific purpose of acquiring the securities offered, and whose prospective investment is directed by a person who has such knowledge and experience in financial and business matters that such family office is capable of evaluating the merits and risks of the prospective investment; and (xi) any “family client” as defined in the Advisers Act of a family office meeting the above requirement.

Qualified Client, as defined in Advisers Act Rule 205-3, means:(i) a person with a net worth of $2.2 million (including jointly with a spouse or spousal equivalent), excluding the value of his or her primary residence; or (ii) a person with at least $1.1 million under management with GTIS.

Qualified Purchaser has the meaning assigned to it in Section 2(a)(51)(A) of the Investment Company Act and generally means: (i) any natural person (including a spouse or spousal equivalent owning a joint, community property or other similar shared ownership interest) who owns not less than $5 million in investments as defined in Rule 2a51-1 of the Investment Company Act; (ii) any company that owns not less than $5 million in investments and is owned directly or indirectly by or for two or more natural persons who are related as siblings or spouses (including former spouses) or direct lineal descendants by birth or adoption, spouses of such persons, the estates of such persons, foundations, charitable organizations or trusts established by or for the benefit of such persons; (iii) any trust that was not formed for the specific purpose of acquiring the securities offered and as to which the trustee or other person authorized to make decisions with respect to the trust and each settlor or other person who has contributed assets to the trust is a Qualified Purchaser; and (iv) any person, acting for its own account or the accounts of other Qualified Purchasers, who in the aggregate owns and invests on a discretionary basis not less than $25 million in investments as definedin Rule 2a51-1 of the Investment Company Act.

This material is for informational purposes only and is not intended as investment advice or an offer or solicitation with respect to the purchase or sale of any security. Offers to sell or solicitations to invest in a GTIS fund are made only by means of a confidential offering memorandum and in accordance with applicable securities laws. An investment in a GTIS fund is suitable only for qualified investors that fully understand the risks of such an investment. The information contained herein is based on the internal research and opinion of GTIS Partners and has not been reviewed or verified by any third parties. This information is confidential and proprietary and not intended for further distribution. The information presented is as of the date indicated on the materials; GTIS has no duty to update these materials or notify you of any changes.