Luxembourg

September 20, 2017

Anne Catherine Grave
	Deloitte Luxembourg 560, rue de Neudorf L-2220 Luxembourg Tel: +352 45145 3927 Email: anngrave@deloitte.lu Website: www.deloitte.com Anne Catherine Grave, Deloitte Luxembourg, joined as partner in charge of corporate secretarial services. She is a chartered accountant in Luxembourg and a qualified attorney in France and Luxembourg. She has more than 16 years of experience in private equity and real estate sectors. Anne Catherine gained her extensive experience as part of the management/executive committees of Arendt Services in Luxembourg, as well as in her position as executive director of Ocorian's Luxembourg office. In both positions, she served as a director on the board of various client companies. She started her career as tax adviser at Ernst & Young in Luxembourg and New York, before transitioning into a senior tax lawyer position at Arendt & Medernach. Anne Catherine holds master degrees in economics and in international and European law, as well as a postgraduate diplomas in political sciences and in international business law. She is also qualified as a certified international control specialist. Anne Catherine is fluent in French and English.

Anne Catherine Grave

Deloitte Luxembourg

560, rue de Neudorf

L-2220 Luxembourg

Tel: +352 45145 3927

Email: anngrave@deloitte.lu

Website: www.deloitte.com

Anne Catherine Grave, Deloitte Luxembourg, joined as partner in charge of corporate secretarial services. She is a chartered accountant in Luxembourg and a qualified attorney in France and Luxembourg. She has more than 16 years of experience in private equity and real estate sectors.

Anne Catherine gained her extensive experience as part of the management/executive committees of Arendt Services in Luxembourg, as well as in her position as executive director of Ocorian's Luxembourg office. In both positions, she served as a director on the board of various client companies. She started her career as tax adviser at Ernst & Young in Luxembourg and New York, before transitioning into a senior tax lawyer position at Arendt & Medernach.

Anne Catherine holds master degrees in economics and in international and European law, as well as a postgraduate diplomas in political sciences and in international business law. She is also qualified as a certified international control specialist.

Anne Catherine is fluent in French and English.

Karine Thil
	Deloitte Luxembourg 560, rue de Neudorf L-2220 Luxembourg Tel: +352 45145 2452 Email: kthil@deloitte.lu Website: www.deloitte.com Karine Thil, Deloitte Luxembourg, is a partner in the cross-border tax – tax accounting department, leading the compliance and advisory accounting services for the real estate industry. She has more than 20 years of experience within Deloitte, mainly in audit, including nine years in the Paris office and two years in the Montréal office. Karine joined the Luxembourg practice in 2000, and has specialised in the real estate sector both from an audit and accounting side. She then joined the accounting department in 2008 and has been supervising the accounting compliance and advisory services to some major real estate clients including periodic reporting under Lux GAAP, Fund GAAP, IFRS and US GAAP, customised trainings and hotlines.

Karine Thil

Deloitte Luxembourg

560, rue de Neudorf

L-2220 Luxembourg

Tel: +352 45145 2452

Email: kthil@deloitte.lu

Website: www.deloitte.com

Karine Thil, Deloitte Luxembourg, is a partner in the cross-border tax – tax accounting department, leading the compliance and advisory accounting services for the real estate industry.

She has more than 20 years of experience within Deloitte, mainly in audit, including nine years in the Paris office and two years in the Montréal office.

Karine joined the Luxembourg practice in 2000, and has specialised in the real estate sector both from an audit and accounting side. She then joined the accounting department in 2008 and has been supervising the accounting compliance and advisory services to some major real estate clients including periodic reporting under Lux GAAP, Fund GAAP, IFRS and US GAAP, customised trainings and hotlines.

Valérie Tollet
	Deloitte Luxembourg 560, rue de Neudorf L-2220 Luxembourg Tel: +352 45145 2252 Email: vtollet@deloitte.lu Website: www.deloitte.com Valérie Tollet, Deloitte Luxembourg, is a partner in the cross-border tax – mergers and acquisitions department, where she has a specific focus on the real estate and infrastructure market. Before joining Deloitte in October 2012, Valérie worked for another Big 4 firm in both Brussels and Luxembourg. Valérie has more than 16 years of experience in international tax and is an adviser in structuring deals for both listed and private clients, and particularly for pan-European and international real estate and infrastructure funds. She has assisted many investors in establishing their real estate vehicles in Luxembourg – both regulated and non-regulated – and advised on several real estate acquisitions in Europe. Valérie is an active member of several Association of the Luxembourg Fund Industry's (ALFI) real estate investment funds working groups. Before joining Deloitte Luxembourg, she worked with PwC as a tax director within the alternative tax structuring department where she advised private equity, real estate and infrastructure key players on their international tax structuring strategies including acquisitions, life cycle and repatriation. Valérie holds a master's degree in law from the Catholic University of Louvain, and a master's degree in tax law from the Free University of Brussels in Belgium. She is fluent in French and English.

Valérie Tollet

Deloitte Luxembourg

560, rue de Neudorf

L-2220 Luxembourg

Tel: +352 45145 2252

Email: vtollet@deloitte.lu

Website: www.deloitte.com

Valérie Tollet, Deloitte Luxembourg, is a partner in the cross-border tax – mergers and acquisitions department, where she has a specific focus on the real estate and infrastructure market. Before joining Deloitte in October 2012, Valérie worked for another Big 4 firm in both Brussels and Luxembourg.

Valérie has more than 16 years of experience in international tax and is an adviser in structuring deals for both listed and private clients, and particularly for pan-European and international real estate and infrastructure funds. She has assisted many investors in establishing their real estate vehicles in Luxembourg – both regulated and non-regulated – and advised on several real estate acquisitions in Europe. Valérie is an active member of several Association of the Luxembourg Fund Industry's (ALFI) real estate investment funds working groups. Before joining Deloitte Luxembourg, she worked with PwC as a tax director within the alternative tax structuring department where she advised private equity, real estate and infrastructure key players on their international tax structuring strategies including acquisitions, life cycle and repatriation.

Valérie holds a master's degree in law from the Catholic University of Louvain, and a master's degree in tax law from the Free University of Brussels in Belgium. She is fluent in French and English.