Sherborne Investors C

Sherborne Investors (Guernsey) C Limited is a Guernsey domiciled investment company with an unlimited life. The Company holds a limited partnership interest in SIGC, LP (Incorporated) ("SIGC, LP"), a Guernsey domiciled limited partnership, through which the Company carries out its investment objective and investment policy. SIGC, LP is managed by Sherborne Investors Management (Guernsey) LLC, the Investment Manager. The Company's investment objective is to realise capital growth from investment in a target company identified by the Investment Manager with the aim of generating a significant capital return for Shareholders. The Company's investment policy is to invest in a publicly quoted company which it considers to be undervalued as a result of operational deficiencies and which it believes can be rectified by the Investment Manager's active involvement, thereby increasing the value of the investment. The Company will only invest in one target company at a time.