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⚡IMPACT LEVEL 3 — NOTEWORTHY

Epstein File EFTA01394796: Charles and Targeted (DS10)

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This document is an investment report or prospectus from Glendower discussing targeted investment returns. It references Carlo Pirzio-Biroli and Charles as individuals involved in evaluating track records, and notes that these individuals were previously employees of Deutsche Bank. The document presents targeted returns based on Glendower's views regarding potential fund performance but does not provide specific dates or amounts.

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Excerpt 1
The **targeted** returns (the "Targets") presented herein are based on Glendower's views regarding the returns on investments that such funds may be able to
Excerpt 2
Glendower, when the team were employees of Deutsche Bank In evaluating the track record, each Recipient should note that (i) Carlo Pirzio-Biroli and **Charles**

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