The share capital of the Company is comprised of shares of no par value.

The Company makes and holds its investment in the target company through a limited partnership interest in a Guernsey limited partnership, SIGC, LP, the Investment Partnership.

Sherborne Investors (Guernsey) GP, LLC, the Managing Partner, is a Delaware limited liability company and is a wholly owned subsidiary of Sherborne Investors LP. The Managing Partner is the general partner of the Investment Partnership and thus has the power to direct the affairs of the Investment Partnership, subject to the right of the limited partners of the Investment Partnership to vote on the choice of target company proposed by the Investment Manager.

Sherborne Investors Management (Guernsey) LLC, an affiliate of the Managing Partner, has been appointed Investment Manager. The Investment Manager is owned and controlled by Sherborne Investors Management LP, an investment adviser registered with the United States Securities and Exchange Commission under the US Investment Advisers Act. The Investment Manager is responsible for identifying the target company; for building an appropriate non-controlling stake in the target company; for the formulation and execution of a turnaround of the target company; for voting shares held in the target company; and for the disposal of the stake in the target company.

The annual update to Form ADV Part 2(a) is available free of charge by contacting Sherborne Investors Management LP.