Alumni Ventures Professional-Grade Venture Portfolios Unlocking Your Financial Potential with Alumni Ventures | 5 Timing Rewards Starting in January 2024, most of our fundraises are split into three distinct closing periods. Investors joining the fund during the First or Second Close will be rewarded with a reduction of Management Fees as shown below. Eligible Funds & Ineligible Funds Eligible Funds: Alumni Funds, Foundation Funds, Focused Funds, Community Funds2 Ineligible Funds (due to inherently short timelines): Syndication Funds, Opportunity Funds, Apex Funds Why We Incentivize Early Funding 1. We start deploying the fund’s capital around the First Close of the fund. The more capital certainty we have of the fund size, the better job we can do in constructing a diversified and balanced portfolio over the subsequent 12-18 months. 2. We believe that an appropriate way to invest in venture is to seek time diversification by consistently deploying capital each year.3 Some vintages will be stronger than others. With advanced notice of fund closings, investors can plan accordingly to fulfill their personal allocation plans. The Committed Capital Rewards and the Timing Rewards operate independently of one another and can be earned together on the same investment. Your Dashboard and Fund Details page within your Investor Portal will show you exactly which rewards have been earned for each investment. The result of these Loyalty Rewards is that our investors will be putting more money to work in their portfolio, and therefore have the opportunity to make more money back over the life of the fund. Close Fee Reduction Effective Fee Rate First Close 10% 18% Second Close 5% 19% Final Close 0% 20% 2 As of 12/1/23, Community Funds include: Allen Street Ventures, Arbor Street Ventures, Bleecker Street Ventures, Comm Ave Ventures, Emmet Street Ventures, Expo Ventures, The Fence Ventures, Fowler Street Ventures, Franklin Street Ventures, Mirror Lake Ventures, Potomac Ventures, Provo Ventures, Stadium Avenue Ventures, Two Lakes Ventures, & Yoshino Ventures 3 AV does not provide investment advice; please consult your advisors to determine whether an investment or investments in venture capital is appropriate for you.