ALTIMETER CAPITAL MANAGEMENT, LP

Altimeter Capital Management, LP ("Altimeter"), founded in October 2008 by Brad Gerstner, is a registered investment adviser with the SEC. The firm is a Delaware limited partnership with locations in Menlo Park, California, and Boston, Massachusetts. Altimeter provides discretionary investment advisory services to private investment funds intended for sophisticated and institutional investors ("Funds"). These Funds are exempt from registration under the Investment Company Act of 1940, and their securities are not registered under the Securities Act of 1933. Altimeter may also advise separately managed accounts ("SMAs") in the future. Altimeter's investment professionals dedicate their time to managing each Fund and other Altimeter Client Accounts, and may form additional entities under its common control. Altimeter may also advise other Altimeter Client Accounts that follow a similar investment program, which advice may differ from advice given to other Clients.

Altimeter aims for long-term, risk-adjusted capital appreciation through concentrated portfolios of long and short public and private investments. Their investment strategy is detailed in the Organizational Documents. When multiple accounts have similar strategies and available capital, they may invest together in varying proportions. For Public Investments, Altimeter seeks to maximize long-term net returns using a bottoms-up, deep fundamental approach to security analysis. They also use top-down analysis to identify investment themes and understand trends. Investments are based on discrepancies between market value and intrinsic business value, focusing on sectors and companies where Altimeter has expertise. The Long Opportunities Fund uses a long-focused strategy, while the Hedge Fund uses a long/short strategy, primarily investing in liquid positions.

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