Endeavor

6 0 Since 2008, ON has committed $13mm to Endeavor Global and $7mm to Endeavor Catalyst, making ON Endeavor's largest partner. With ONs support, Endeavor has expanded to 30+ markets across the world, built a world-class team, and reached critical operating milestones—including the selection of our 1,000th Endeavor Entrepreneur and the creation of over 1.5mm jobs. From 2008-2011, ON granted Endeavor $13mm to attract best-in- class talent and implement a unified, global growth strategy. In 2011, Endeavor launched Endeavor Catalyst Philanthropy with the goal of making Endeavor financially self-sustaining by investing in the very entrepreneurs that it supports. ON shared Endeavor's vision and provided $5mm in catalytic capital. With ON as the anchor donor, Endeavor Catalyst Philanthropy secured additional capital to pilot this groundbreaking initiative. With this donated capital, Endeavor made six initial investments and, in 2013, launched Endeavor Catalyst I LP. Endeavor Catalyst I raised a total of $30mm. e fund made its final investment in 2017, rounding out the portfolio with 48 investments across 17 Local Offices. In anticipation of the fund's full deployment, Endeavor launched Endeavor Catalyst II. Endeavor Catalyst II raised nearly $85mm and held its final close in December 2017. Spearheaded by Dena Trujillo (above), ON brought its commitment to Endeavor full-circle by investing $2mm into the fund. is symbolic and meaningful gesture mirrors the trajectory of Endeavor from traditional nonprofit, highly dependent on donors such as ON, to a hybrid model where financial self- sustainability is fully in reach. As an investor in Endeavor Catalyst II LP, ON has the opportunity to earn back a portion of the capital it has granted to Endeavor and watch Endeavor achieve what no other nonprofit has achieved before—full financial sustainability. Looking ahead, ON has partnered with Endeavor for expansion into Africa. Endeavor has recently opened offices in Nigeria and Kenya with other countries in the near-term pipeline. ON's longstanding commitment to Endeavor has been instrumental in positioning the organization as the global leader of high-impact entrepreneurship. " We've been proud to support Endeavor as its grown and are thrilled to be investors in Endeavor Catalyst II. True to its mission, Endeavor has proven its own entrepreneurial spirit— pioneering an innovative approach to non-profit financing. Like Endeavor, we at Omidyar Network know that businesses and markets can be a powerful force for good, and we could not have asked for a better partner in pursuing this belief over the years." { DENA TRUJILLO Director of Human Capital and Investments, Omidyar Network O M I DYA R N E T W O R K ( O N ) : F R O M D O N O R TO I N V E S TO R — A T R A N S F O R M AT I O N A L PA R T N E R S H I P

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