Nishith Desai Associates & IVCA - Seminar on Lifecycle of India Focused Funds Event Date: Tuesday, August 26, 2014 Ball Room, Tal Lands End, Mumbai Panel I - Fund Formation Issues For India Focused Funds Panel II - Key Legal, Regulatory And Tax Considerations For Indian Investments And Evolving Structures For Exits From India Panel III - Fund Governance: Recent issues and Perspective Panel IV - Stuck In A Bad Investment - How To Navigate Indian Promoters And Courts For Smooth Exits Panelists: Shankar Narayanan, Managing Director, The Carlyle Group Karan Pahwa, Partner - Bessemer Venture Partners Advisors Pvt. Ltd. Vaibhav Parikh, Partner - Private Equity and M&A Nishchal Joshipura, Partner - Private Equity and M&A Ruchir Sinha, Co-head, Private Equity and Private Debt Vijay Raval, Serves as an independent director of numerous India-centric PE fund Kannan Srinivasan, Professor at Carnegie Mellon University’s Tepper School of Business Richie Sancheti, Head - Fund Formation Dhanpal Jhaveri, Partner & CEO - Everstone Capital Advisors Pvt. Ltd. Vyapak Desai, Partner - International Litigation & Dispute Resolution practice Vishakha Mulye, Managing Director & CEO - ICICI Venture Funds Management Co Ltd Dr. Archana Hingorani, Chief Executive Officer & Executive Director IL&FS Investment Managers Limited Shyam Sundar, Managing Director - Morgan Stanley Infrastructure Rajesh Simhan, Head – International Tax

Nishith Desai Associates & IVCA - Seminar on Lifecycle of India Focused Funds Event Date: Tuesday, August 26, 2014 Ball Room, Tal Lands End, Mumbai Panel I - Fund Formation Issues For India Focused Funds Panel II - Key Legal, Regulatory And Tax Considerations For Indian Investments And Evolving Structures For Exits From India Panel III - Fund Governance: Recent issues and Perspective Panel IV - Stuck In A Bad Investment - How To Navigate Indian Promoters And Courts For Smooth Exits Panelists: Shankar Narayanan, Managing Director, The Carlyle Group Karan Pahwa, Partner - Bessemer Venture Partners Advisors Pvt. Ltd. Vaibhav Parikh, Partner - Private Equity and M&A Nishchal Joshipura, Partner - Private Equity and M&A Ruchir Sinha, Co-head, Private Equity and Private Debt Vijay Raval, Serves as an independent director of numerous India-centric PE fund Kannan Srinivasan, Professor at Carnegie Mellon University’s Tepper School of Business Richie Sancheti, Head - Fund Formation Dhanpal Jhaveri, Partner & CEO - Everstone Capital Advisors Pvt. Ltd. Vyapak Desai, Partner - International Litigation & Dispute Resolution practice Vishakha Mulye, Managing Director & CEO - ICICI Venture Funds Management Co Ltd Dr. Archana Hingorani, Chief Executive Officer & Executive Director IL&FS Investment Managers Limited Shyam Sundar, Managing Director - Morgan Stanley Infrastructure Rajesh Simhan, Head – International Tax

Nishith Desai Associates & IVCA - Seminar on Lifecycle of India Focused Funds Event Date: Tuesday, August 26, 2014 Ball Room, Tal Lands End, Mumbai Panel I - Fund Formation Issues For India Focused Funds Panel II - Key Legal, Regulatory And Tax Considerations For Indian Investments And Evolving Structures For Exits From India Panel III - Fund Governance: Recent issues and Perspective Panel IV - Stuck In A Bad Investment - How To Navigate Indian Promoters And Courts For Smooth Exits Panelists: Shankar Narayanan, Managing Director, The Carlyle Group Karan Pahwa, Partner - Bessemer Venture Partners Advisors Pvt. Ltd. Vaibhav Parikh, Partner - Private Equity and M&A Nishchal Joshipura, Partner - Private Equity and M&A Ruchir Sinha, Co-head, Private Equity and Private Debt Vijay Raval, Serves as an independent director of numerous India-centric PE fund Kannan Srinivasan, Professor at Carnegie Mellon University’s Tepper School of Business Richie Sancheti, Head - Fund Formation Dhanpal Jhaveri, Partner & CEO - Everstone Capital Advisors Pvt. Ltd. Vyapak Desai, Partner - International Litigation & Dispute Resolution practice Vishakha Mulye, Managing Director & CEO - ICICI Venture Funds Management Co Ltd Dr. Archana Hingorani, Chief Executive Officer & Executive Director IL&FS Investment Managers Limited Shyam Sundar, Managing Director - Morgan Stanley Infrastructure Rajesh Simhan, Head – International Tax

Nishith Desai Associates & IVCA - Seminar on Lifecycle of India Focused Funds Event Date: Tuesday, August 26, 2014 Ball Room, Tal Lands End, Mumbai Panel I - Fund Formation Issues For India Focused Funds Panel II - Key Legal, Regulatory And Tax Considerations For Indian Investments And Evolving Structures For Exits From India Panel III - Fund Governance: Recent issues and Perspective Panel IV - Stuck In A Bad Investment - How To Navigate Indian Promoters And Courts For Smooth Exits Panelists: Shankar Narayanan, Managing Director, The Carlyle Group Karan Pahwa, Partner - Bessemer Venture Partners Advisors Pvt. Ltd. Vaibhav Parikh, Partner - Private Equity and M&A Nishchal Joshipura, Partner - Private Equity and M&A Ruchir Sinha, Co-head, Private Equity and Private Debt Vijay Raval, Serves as an independent director of numerous India-centric PE fund Kannan Srinivasan, Professor at Carnegie Mellon University’s Tepper School of Business Richie Sancheti, Head - Fund Formation Dhanpal Jhaveri, Partner & CEO - Everstone Capital Advisors Pvt. Ltd. Vyapak Desai, Partner - International Litigation & Dispute Resolution practice Vishakha Mulye, Managing Director & CEO - ICICI Venture Funds Management Co Ltd Dr. Archana Hingorani, Chief Executive Officer & Executive Director IL&FS Investment Managers Limited Shyam Sundar, Managing Director - Morgan Stanley Infrastructure Rajesh Simhan, Head – International Tax