Quadrangle Management Company

“Form 990, Part VI, Section A, Line 2: All Officers and Members of the Board of Directors of Quadrangle Management Company are related to each other as Officers or employees of The Washington University and its subsidiaries. There are no other relationships.”

“Form 990, Part VI, Section A, Line 7a: Successor directors shall be elected at the annual meeting of the directors to serve for a term of three years or until his or her successor shall have been elected and qualified.”

“Form 990, Part VI, Section B, Line 11b: The Form 990 is initially prepared by The Washington Universitys Tax Department. The return is then reviewed by the organizations Treasurer, who signs the return. The final return, exclusive of related organization compensation, is made available to the full Board of Directors. All reviews take place prior to the filing of the return with the Service”

“Form 990, Part VI, Section B, Line 12c: All Officers and Members of the Board of Directors of Quadrangle Management Company are Officers and/or employees of The Washington University which has a written conflict of interest policy. Pursuant to The Washington University conflict of interest policy, officers, and/or employees are required to disclose interests that could give rise to conflicts. The Washington University regularly monitors and enforces compliance withthe policy.”

“Form 990, Part VI, Section B, Line 15: None of the Officers or Members of the Board of Directors of Quadrangle Management Company are compensated by Quadrangle Management Company. However, all of the Officers and Directors are Officers and/or employees of The Washington University and are compensated by The Washington University as such.”

“Form 990, Part VI, Section C, Line 19: The organizations By-Laws and Articles of Incorporation are available for inspection upon request. The officers and directors of Quadrangle Management Company are subject to the Washington University Conflict of Interest Policy available on the University website (www.wustl.edu).”

“Form 990, Part VI, Section B, Line 13: All Officers and Members of the Board of Directors of Quadrangle Management Company are Officers and/or employees of The Washington University which has a written whistleblower policy. Form 990, Part VI, Section B, Line 14: All Officers and Members of the Board of Directors of Quadrangle Management Company are Officers and/or employees of The Washington University which has a written document retention and destruction policy.”

“Form 990, Part XI, Line 9: $12,770,415 required transfer of earnings to parent Washington University.”

“Form 990, Part III, Line 1: Quadrangle Management Company does not have a mission statement that has been adopted by the governing board.”