SEC REGISTRATION

Registered with the United States Securities and Exchange Commission (IARD/CRD Number 157359).

FCA REGISTRATION

Authorized and regulated by the UK Financial Conduct Authority (Registration Number 544525).

MODERN SLAVERY STATEMENT
LINK TO MODERN SLAVERY STATEMENT

COMMITMENT TO THE UK STEWARDSHIP CODE

Under Rule 2.2.3R of the FCA’s Conduct of Business Sourcebook, Centerbridge Partners Europe, LLP, directly and/or through its affiliates (“Centerbridge”), is required to make a disclosure about the nature of its commitment to the UK Financial Reporting Council’s Stewardship Code (the “Code”) or, where it does not commit to the Code, its alternative investment strategy. The Code is a voluntary code and sets out a number of principles relating to engagement by investors with UK equity issuers. Investors that commit to the Code can either comply with it in full or choose not to comply with aspects of the Code, in which case they are required to explain their alternative investment strategy. Centerbridge supports the overall principles of the Code and has adopted a proxy voting policy, a conflicts policy and various related procedures designed to reflect such principles where consistent with all of the following: the investment program of the Centerbridge funds, the governing documents of our funds, applicable laws within and outside the UK to which Centerbridge is subject and, above all, the best interests of our investors as a whole. We make such information available to investors and prospective investors, consistent with our obligations under applicable law. We note that under certain circumstances, the foregoing obligations and objectives may be best achieved by determining not to take action – e.g., by not voting rather than necessarily casting a vote. Certain actions, including voting and acting collectively with others, can carry associated costs and risks. Centerbridge weighs such costs and risks against the benefits sought to be achieved by the Code in its day-to-day application of the Code’s principles to its business.

COMMITMENT TO THE SHAREHOLDER RIGHTS DIRECTIVE II

Under the Shareholder Rights Directive II (the “Directive”), Centerbridge Partners Europe, LLP, directly and/or through its affiliates (“Centerbridge”), is required to make a disclosure about the nature of its commitment to the Directive, or, where it does not commit to the Directive, to provide a clear and reasoned explanation for not doing so. The Directive sets out a number of principles relating to the role of shareholder engagement and the exercise of voting rights in EU listed companies. While Centerbridge supports the overall principles of the Directive, Centerbridge’s investment strategies (credit, private equity and real estate) involve only minimal activity in scope of the Directive. Therefore we have determined not to adopt an engagement policy, and to rely instead on the Firm’s existing policies and procedures, including our proxy voting policy, our conflicts policy and various related procedures already in effect, which are directly responsive to the principles of the Directive and which Centerbridge has determined are proportionate to the risks of the business. We make such information available to investors and prospective investors, consistent with our obligations under applicable law.