MATRIX CAPITAL MANAGEMENT FUND LP

Matrix, AyurMaya and the General Partners provide discretionary investment management services to the Funds, as further described in Item 4. The Firm does not recommend or select other investment advisers for its Clients nor does it have any other relationships or arrangements with related persons that are material to its advisory business or to its Clients. The Firm had no obligation to purchase or sell a security for, enter into a transaction on behalf of, or provide an investment opportunity to any Fund solely because the Firm purchases or sells the same security for, enters into a transaction on behalf of, or provides an opportunity to any Fund if, in our reasonable opinion, such security, transaction or investment opportunity does not appear to be suitable, practical or desirable for the Client. The Firm did not allocate trades based on an account’s performance or fee structure. The Funds had no rights or priority with respect to any particular investment opportunity pursued by Matrix, AyurMaya and/or any other Client.

Matrix Capital Management sought capital appreciation principally through investments in publicly traded equity securities but with a portion of the portfolio invested in securities of private companies. Matrix's primary goal was to generate an attractive risk-adjusted return by investing the Master Fund's assets in a concentrated portfolio of long and short positions. Matrix sought to achieve this goal through maintaining a concentrated portfolio of long and short investments, over the long term, driven by differentiating research into company fundamentals. The process involved three key aspects: definition, initiation, and allocation. The investment team focused on its areas of core competencies to define compelling investment themes and opportunities that will guide its stock picking, bringing to bear their deep sector expertise, familiarity with business models, and ability to identify and delineate broad trends that were expected to define markets over the medium and long term. The Investment Allocation Policy seeks to ensure that investment opportunities are allocated in a fair and equitable manner.

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