Privacy Notice

Privacy Notice ¹

Paine Schwartz Partners, LLC
May 2023

Our Commitment to Your Privacy: We are sensitive to the privacy concerns of our individual investors. We have a policy of protecting the confidentiality and security of information we collect about you. We are providing you this Privacy Notice to help you better understand why and how we collect certain personal information, the care with which we treat that information, and how we use that information.

Sources of Non-Public Information: In connection with forming and operating our private investment funds (or “funds”) and/or performing asset management services for our investors, we collect and maintain non-public personal information from the following sources:

• Information we receive from you in conversations over the telephone, in voicemails, through written correspondence, via email and other electronic communications, or on subscription agreements, investor questionnaires, applications or other forms (including, without limitation, any anti-money laundering, identification and verification documentation);
• Information about your transactions with us or others; and
• Information captured on our website, fund data room and/or investor reporting portal (as applicable), including, without limitation, registration information, information provided through online forms and any information captured via “cookies.”

Disclosure of Information: We do not disclose any non-public personal information about you to anyone, except as permitted by law or regulation and to affiliates and service providers, including, but not limited to, administrators, lenders, banks, auditors, law firms, governmental agencies or pursuant to legal process, self-regulatory organizations, consultants and/or placement agents.

Former Investors: We maintain non-public personal information of our former investors and apply the same policies that apply to current investors.

Information Security: We consider the protection of sensitive information to be a sound business practice, and to that end we employ physical, electronic and procedural safeguards, which seek to protect your non-public personal information in our possession or under our control.

Further Information: We reserve the right to change our privacy policies and this Privacy Notice at any time. The examples contained within this notice are illustrations only and are not intended to be exclusive. This Privacy Notice is intended to comply with the privacy provisions of applicable U.S. federal law and certain privacy provisions of other laws. You may have additional rights under state or non-U.S. laws that apply to you, including as set forth in our additional privacy notices.

PRIVACY NOTICE SUPPLEMENT FOR CALIFORNIA RESIDENTS

This notice supplements the Privacy Notice set forth above with respect to specific rights granted under the California Consumer Privacy Act of 2018 (as amended, the “CCPA”) to natural person California residents and provides information regarding how such California residents can exercise their rights under the CCPA. This supplement is only relevant to you if you are a resident of California as determined in accordance with the CCPA. Information required to be disclosed to California residents under the CCPA regarding the collection of their personal information that is not set forth in this CCPA supplement is otherwise set forth above in the Privacy Notice. To the extent there is any conflict with the privacy requirements under the Gramm-Leach-Bliley Act and/or Regulation S-P (“GLB Rights”), GLB Rights shall apply.

Categories of Personal Information We Collect: We have collected some or all of the following categories of personal information from individuals within the last twelve (12) months:

We do not collect or use sensitive personal information other than:

• To perform services, or provide goods, as would reasonably be expected by an investor who requests those goods or services;
• As reasonably necessary and proportionate to detect security incidents that compromise the availability, authenticity, integrity, and confidentiality of stored or transmitted personal information;
• As reasonably necessary and proportionate to resist malicious, deceptive, fraudulent, or illegal actions directed at us and to prosecute those responsible for such actions;
• For short-term, transient use (but not in a manner that discloses such information to another third party or is used to build a profile of you or otherwise alter your experience outside of your current interaction with us);
• To perform services on behalf of our business;
• To verify or maintain the quality or safety of a service or to improve, upgrade, or enhance such service or device; and
• To collect or process sensitive personal information where such collection or processing is not for the purpose of inferring characteristics about a consumer.

Purposes for Collecting Personal Information: We may collect or disclose the personal information we collect about you for one or more of the following business or commercial purposes:

• performing services to you, including, but not limited to:
  • the administrative processes (and related communication) in preparing for the admission of investors to the fund(s), including administering, managing and setting up an investor’s account(s) to allow such potential investor to purchase interests in the fund(s);
  • ongoing communication with potential investors, their representatives, advisors and agents (including the negotiation, preparation and signature of documentation) during the process of admitting potential investors to the fund(s) and the execution of all relevant agreements;
  • the performance of obligations under the governing documents of the fund(s) (and all applicable anti-money laundering, KYC and other related laws and regulations) in assessing suitability of potential investors in the applicable fund(s);
  • ongoing operations, administrative, accounting, reporting, account maintenance and other processes and communication required to operate the business of the fund(s) in accordance with their governing documents and other documentation between the parties, including customer service, processing or fulfilling transactions, verifying personal information, processing contributions and distributions and financing; and/or
  • keeping investors informed about the business of the general partner or managing member of the applicable fund(s) and its affiliates generally, including offering opportunities to make investments other than to the applicable fund(s) and related advertising;
  • facilitating the execution, continuation or termination of the contractual relationship between an investor and the general partner or managing member, the investment adviser and/or the fund(s);
  • facilitating the transfer of fund interests, and administering and facilitating any other transaction, between an investor, the general partner or managing member, the investment adviser and/or the fund(s);
• auditing and verifications related to investor interactions, including, but not limited to, verifying the quality and effectiveness of services and compliance;
• maintaining the safety, security and integrity of our products and services, databases, technology assets and business, including detecting security incidents and protecting against malicious, deceptive, fraudulent, or illegal activity;
• Enabling any actual or proposed assignee or transferee of the fund(s) to evaluate proposed transactions;
• Facilitating business asset transactions involving the funds; and
• complying with U.S., state, local and non-U.S. laws, rules and regulations.

We collect personal information from the sources set forth in “Sources of Non-Public Information” in the Privacy Notice above. We retain the categories of personal information set forth above in the “Categories of Personal Information We Collect” section of this Privacy Notice Supplement only as long as is reasonably necessary for those purposes set forth above, except as may be required under applicable law, court order or government regulations.

Disclosure of Information: We do not share for the purpose of cross-context behavioral advertising or sell (as such terms are defined in the CCPA) any of the person information we collect about you to third parties.

Within the last twelve (12) months, we have disclosed personal information collected from you for a business purpose to the categories of third parties indicated in the chart below. We may also disclose your information to other parties as may be required by law or regulation, or in response to regulatory inquiries.

Rights under the CCPA

Deletion Rights: You have the right to request that we delete any of your personal information that we retain, subject to certain exceptions, including, but not limited to, our compliance with U.S., state, local and non-U.S. laws, rules and regulations. We will notify you in writing if we cannot comply with a specific request and provide an explanation of the reasons.

Disclosure and Access Rights: You have the right to request that we disclose to you certain information regarding our collection, use, disclosure and sale of personal information specific to you. Such information includes:

• The categories of personal information we collected about you;
• The categories of sources from which the personal information is collected;
• Our business or commercial purpose for collecting such personal information;
• Categories of third parties with whom we disclose the personal information;
• The specific pieces of personal information we have collected about you; and
• Whether we disclosed your personal information to a third party, and if so, the categories of personal information that each recipient obtained.

Correction Right: You have the right to request that we correct any inaccuracies in the personal information that we retain, subject to certain statutory exceptions, including, but not limited to, our compliance with U.S., state, local and non-U.S. laws, rules and regulations. We will notify you in writing if we cannot comply with a specific request and provide an explanation of the reasons.

No Discrimination: We will not discriminate against you for exercising your rights under the CCPA, including by denying service, suggesting that you will receive, or charging, different rates for services or suggesting that you will receive, or providing, a different level or quality of service to you.

How to Exercise Your Rights: To exercise any of your rights under the CCPA, or to access this notice in an alternative format, please submit a request on your behalf using any of the methods set forth below.

Call us using the following toll-free number: 212-379-7200.

Submit a request online using the following online form: https://paineschwartz.com/contact/.

Email us at the following address: rmalavazzi@paineschwartz.com.

We will contact you to confirm receipt of your request under the CCPA and request any additional information necessary to verify your request. We verify requests by matching information provided in connection with your request to information contained in our records. Depending on the sensitivity of the request and the varying levels of risk in responding to such requests (for example, the risk of responding to fraudulent or malicious requests), we may request further information or your investor portal access credentials, if applicable in order to verify your identity or right to receive the information requested, including through a third-party verification service. You may designate an authorized agent to make a request under the CCPA on your behalf, provided that you provide a signed agreement verifying such authorized agent’s authority to make requests on your behalf, and we may verify such authorized person’s identity using the procedures above. If we request you verify your request and we do not receive your response, we will pause processing your request until such verification is received.

Please contact the Chief Compliance Officer of Paine Schwartz Partners, LLC at malavazzi@paineschwartz.com with any questions or concerns about this Privacy Notice Supplement for California Residents.

GDPR PRIVACY NOTICE

Paine Schwartz Partners, LLC
Paine Schwartz Food Chain Fund VI GP, L.P.
Paine Schwartz Food Chain Fund VI, L.P.
Paine Schwartz Food Chain Fund VI-A, L.P.

This GDPR Privacy Notice (this “GDPR Privacy Notice”) applies to the extent that UK and EU Data Protection Legislation (as defined below) applies to the processing of personal data by an Authorized Entity (as defined below). If this GDPR Privacy Notice applies, the relevant data subject has certain rights with respect to such processing of their personal data, as outlined below.

For purposes of this GDPR Privacy Notice, “UK and EU Data Protection Legislation” means all applicable legislation and regulations relating to the protection of personal data in force from time to time in the EU, the EEA or the UK, including (without limitation) the following: (a) Regulation (EU) 2016/679 (the General Data Protection Regulation); (b) the General Data Protection Regulation as it forms part of the laws of England and Wales, Scotland and Northern Ireland by virtue of section 3 of the European Union (Withdrawal) Act 2018; and (c) any other legislation that implements any other current or future legal act of the EU or UK concerning the protection and processing of personal data and any national implementing or successor legislation) and any amendment or re-enactment of the foregoing. The terms “data controller,” “data processor,” “data subject,” “personal data” and “processing” in this GDPR Privacy Notice shall be interpreted in accordance with the applicable UK and EU Data Protection Legislation. Unless the context otherwise requires, as used herein the words “include,” “includes” and “including” shall be deemed to be followed by the phrase “without limitation.” All references to “investor(s)” in this GDPR Privacy Notice shall be to such actual or potential investor(s) and, as applicable, any of such investor(s)’ partners, officers, directors, employees, shareholders, members, managers, ultimate beneficial owners and affiliates. Unless otherwise defined herein, capitalized terms used in this GDPR Privacy Notice will have the meanings ascribed to such terms in the Agreement of Exempted Limited Partnership (as amended, restated, supplemented, waived and/or otherwise modified from time, the “Partnership Agreement”) of the applicable fund.

Please direct any questions arising out of this GDPR Privacy Notice to Paine Schwartz Food Chain Fund VI GP, L.P. (the “General Partner”) at rmalavazzi@paineschwartz.com.

Categories of personal data collected and lawful bases for processing

In connection with offering, forming and operating private investment funds for investors, the Partnership, the General Partner, the Management Company, their respective Affiliates and, in each case, their respective administrators, legal and other advisors and agents (the “Authorized Entities”) collect, record, store, adapt and otherwise process and use personal data, either relating to investors or to any other data subjects, including from the following sources:

1. information received in telephone conversations, in voicemails, through written correspondence, via email or on subscription agreements, investor questionnaires, applications or other forms (including any anti-money laundering, identification and verification documentation);
2. information about transactions with any Authorized Entity or other Person;
3. information captured on any Authorized Entity’s website(s), including registration information and any information captured via “cookies”; and
4. information from publicly available sources, including from:
   • publicly available and accessible directories and sources;
   • bankruptcy registers;
   • tax authorities, including those that are based outside the UK and the EEA if the applicable data subject is subject to tax in another jurisdiction;
   • governmental and competent regulatory authorities to whom any Authorized Entity has regulatory obligations;
   • credit agencies; and
   • fraud prevention and detection agencies and organizations.

Please refer to our Cookies Policy on our website for more details.

Any Authorized Entity may process the following categories of personal data:

1. names, dates of birth and birth place;
2. contact details and professional addresses (including physical addresses, email addresses and telephone numbers);
3. account data and other information contained in any document provided by investors to the Authorized Entities (whether directly or indirectly);
4. information regarding your use of an Authorized Entity’s website(s) (e.g., information obtained via cookies);
5. risk tolerance, transaction history, investment experience and investment activity;
6. information regarding an investor’s status under various laws and regulations, including social security number, tax status, income and assets;
7. accounts and transactions with other institutions;
8. information regarding an investor’s interest in the Partnership, including ownership percentage, capital commitment, income and losses and any other Confidential Information relating to an investor;
9. information regarding an investor’s citizenship and location of residence;
10. source of funds used to make the investment in the Partnership; and
11. anti-money laundering, identification (including passport and drivers’ license) and verification documentation.

Any Authorized Entity may, in certain circumstances, combine personal data it receives from an investor with other information that it collects from or about such investor. This will include information collected in an online or offline context. In addition, personal data of investors could be processed and controlled irrespective of whether such investor is admitted to the Partnership as a limited partner.

One or more of the Authorized Entities are “data controllers” of personal data collected in connection with the Partnership. In simple terms, this means such Authorized Entities: (a) “control” the personal data that they or other Authorized Entities collect from investors or other sources; and (b) make certain decisions on how to use and protect such personal data.

There is a need to process personal data for the purposes set out in this GDPR Privacy Notice as a matter of contractual necessity under or in connection with the Partnership Agreement and associated Partnership documentation, pursuant to applicable legal obligations and, in the legitimate interests of the Authorized Entities (or those of a third party), to operate their respective businesses. From time to time, an Authorized Entity may need to process the personal data on other legal bases, including the following: with consent; to comply with a legal obligation; if it is necessary to protect the vital interests of an investor or other data subjects; or if it is necessary for a task carried out in the public interest. A failure to provide the personal data requested to fulfill the purposes described in this GDPR Privacy Notice may result in the applicable Authorized Entities being unable to provide the services as contemplated by the Partnership Agreement and/or an investor’s subscription agreement for the applicable fund (the “Subscription Agreement”).

Purpose of processing

The applicable Authorized Entities process the personal data for the following purposes (and in respect of paragraphs (3), (4), (6), (8) and (9) in the legitimate interests of the Authorized Entities (or those of a third party):

1. The performance of its contractual and legal obligations under the Partnership Agreement and/or the Subscription Agreement (including applicable anti-money laundering, know your customer and other related laws and regulations), including in connection with assessing suitability of investors in the Partnership.
2. The administrative processes (and related communication) carried out between the Authorized Entities in preparing for the admission of investors to the Partnership.
3. Ongoing communication with potential investors, their representatives, advisors and agents, (including the negotiation, preparation and execution of documentation) during the process of admitting investors to the applicable fund and execution of the Partnership and/or Subscription Agreement .
4. The ongoing administrative, accounting, reporting and other processes and communications required to operate the business of the Partnership in accordance with the Partnership Agreement and other applicable documentation between the parties.
5. To administer, manage and set up your investor account(s) to allow you to purchase your holding (of shares) in the applicable fund (and any other funds operated by the general partner or its affiliates).
6. To facilitate the execution, continuation or termination of the contractual relationship between you and the general partner and/or applicable fund (as applicable).
7. To facilitate the transfer of funds, and administering and facilitating any other transaction, between you and the applicable fund.
8. To enable any actual or proposed assignee or transferee, participant or sub-participant of the partnership’s or the applicable fund’s rights or obligations to evaluate proposed transactions.
9. To facilitate business asset transactions involving the applicable fund or fund-related vehicles.
10. Any legal or regulatory requirement.
11. Keeping investors informed about the business of the General Partner and its affiliates generally, including offering opportunities to make investments other than to the Partnership.
12. Any other purpose for which notice has been provided, or has been agreed to, in writing.

The Authorized Entities monitor communications where the law requires them to do so. The Authorized Entities also monitor communications, where required to do so, to comply with regulatory rules and practices and, where not prohibited to do so, to protect their respective businesses and the security of their respective systems.

Sharing and transfers of personal data

In addition to disclosing personal data amongst themselves, any Authorized Entity may disclose personal data, where not prohibited by UK and EU Data Protection Legislation, to other service providers, employees, agents, contractors, consultants, professional advisors, lenders, data processors and persons employed and/or retained by them in order to fulfill the purposes described in this GDPR Privacy Notice. In addition, any Authorized Entity may share personal data with regulatory bodies having competent jurisdiction over them, as well as with tax authorities, auditors and tax advisors (where necessary or advisable to comply with law).

Any Authorized Entity may transfer personal data to a Non-Equivalent Country (as defined below), in order to fulfill the purposes described in this GDPR Privacy Notice and in accordance with applicable law, including where such transfer is a matter of contractual necessity to enter into, perform and administer the Subscription Agreement and Partnership Agreement, and to implement requested pre-contractual measures. For information on the safeguards applied to such transfers, please contact the General Partner. For the purposes of this GDPR Privacy Notice, “Non-Equivalent Country” shall mean a country or territory other than (a) a member state of the EEA; (b) the United Kingdom; or (c) a country or territory which has at the relevant time been decided by the European Commission or the Government of the United Kingdom in accordance with UK and EU Data Protection Legislation to ensure an adequate level of protection for personal data.

Retention and security of personal data

The General Partner and its Affiliates consider the protection of personal data to be a sound business practice, and to that end, employ appropriate technical and organizational measures, including physical, electronic and procedural safeguards to protect personal data in their possession or under their control.

Personal data may be kept for as long as it is required or advisable for legitimate business purposes, to perform contractual obligations or, where longer, as long as is required to comply with applicable legal or regulatory obligations. Personal data will be retained throughout the life cycle of any investment in the Partnership. However, some personal data will be retained after a data subject ceases to be an investor in the Partnership.

Data Subject Rights

It is acknowledged that, subject to applicable UK and EU Data Protection Legislation, the data subjects to which personal data relates have the following rights under UK and EU Data Protection Legislation: to obtain information about, or (where applicable) withdraw any consent given in relation to, the processing of their personal data; to access and receive a copy of their personal data; to request rectification of their personal data; to request erasure of their personal data; to exercise their right to data portability; and to exercise their right not to be subject to automated decision-making. Please note that the right to erasure is not absolute, and it may not always be possible to erase personal data on request, including where the personal data must be retained to comply with a legal obligation. In addition, erasure of the personal data requested to fulfill the purposes described in this GDPR Privacy Notice may result in the inability to provide the services as contemplated by the Partnership Agreement and/or the Subscription Agreement.

In case a data subject to whom personal data relate disagrees with the way in which his or her personal data is being processed in relation to the Partnership Agreement and/or the Subscription Agreement, the data subject has the right to object to this processing of personal data and request restriction of the processing. The data subject may also lodge a complaint with the competent data protection supervisory authority in the relevant jurisdiction.

A data subject may raise any request relating to the processing of his or her personal data with the General Partner at the contact information provided above.

CAYMAN ISLANDS PRIVACY NOTICE ²

Introduction

The purpose of this Cayman Islands Privacy Notice is to provide you with information on our use of your personal data in accordance with the Data Protection Act (As Revised) of the Cayman Islands (the “DPA”).

Unless otherwise defined herein, capitalized terms used in this Cayman Islands Privacy Notice will have the meanings ascribed to such terms in the Agreement of Exempted Limited Partnership (as amended, restated, supplemented, waived and/or otherwise modified from time, the “Partnership Agreement”) of Paine Schwartz Food Chain FundVI, L.P. and/or Paine Schwartz Food Chain Fund VI-A, L.P., as applicable (the “Partnership”). In this document, “we”, “us” and “our” refers to the Partnership, Paine Schwartz Food Chain Fund VI GP, L.P. (the “General Partner”), Paine Schwartz Partners, LLC (the “Management Company”) and their affiliates and/or delegates.

Investor Data

By virtue of making an investment in the Partnership (and indirectly, any alternative investment vehicles established by the Partnership) and your associated interactions with us (including any subscription, capital commitment and/or capital contribution, whether past, present of future) or by virtue of you otherwise providing us with personal information on individuals connected with you as an investor (for example your directors, trustees, employees, representatives, shareholders, investors, clients, beneficial owners or agents), you will provide us with certain personal information which constitutes personal data within the meaning of the DPA (collectively, “Investor Data”). We may also obtain Investor Data from other public sources. Investor Data includes, without limitation, the following information relating to you and/or any individuals connected with you as an investor: name, residential address, email address, contact details, corporate contact information, signature, nationality, place of birth, date of birth, tax identification, credit history, correspondence records, passport number, bank account details, source of funds details and details relating to your investment activity.

In our use of Investor Data, the Partnership (acting through the General Partner) will be characterized as a “data controller” for the purposes of the DPA. The Partnership’s and/or the General Partner’s affiliates, delegates and service providers may act as “data processors” for the purposes of the DPA.

Who this Affects

If you are a natural person, this will affect you directly. If you are a corporate investor (including, for these purposes, legal arrangements such as trusts, partnerships or limited partnerships) that provides us with Investor Data on individuals connected to you for any reason in relation to your investment with us, this will be relevant for those individuals and you should transmit this document to such individuals or otherwise advise them of its content.

How We May Use Your Personal Data

The Partnership, as the data controller, may collect, store and use Investor Data for lawful purposes, including, in particular:

(i) where this is necessary for the performance of our rights and obligations under the constitutional and operational documents of the Partnership (together with any subscription agreements or other contracts to which you and we are a party);

(ii) where this is necessary for compliance with a legal or regulatory obligation to which the Partnership and/or the General Partner are subject (such as compliance with anti-money laundering, counter-terrorist or proliferation financing, sanctions-compliance or FATCA/CRS requirements); and/or

(iii) where this is necessary for the purposes of our legitimate interests and such interests are not overridden by your interests, fundamental rights or freedoms.

Additionally, any of the Partnership’s affiliates and/or delegates and/or appointed service providers (the “Delegates”), may use Investor Data, for example to provide its services to the Partnership, the General Partner and/or their respective affiliates to discharge the legal or regulatory requirements that apply directly to them or in respect of which the Partnership and/or the General Partner relies upon the Delegates, but such use of Investor Data by a Delegate will always be compatible with at least one of the aforementioned purposes for which we process Investor Data.

Should we wish to use Investor Data for other specific purposes (including, if applicable, any purpose that requires your consent), we will contact you.

Why We May Transfer Your Personal Data

In certain circumstances we and/or our Delegates may be legally obliged to share Investor Data and other information with respect to your interest in the Partnership with the relevant regulatory authorities such as the Cayman Islands Monetary Authority or the Tax Information Authority. They, in turn, may exchange this information with foreign authorities, including tax authorities.

We may disclose Investor Data to carry out and implement any and all purposes and objects of the Partnership, including: (i) to our Delegates, custodians, banks, financing parties, broker-dealers, accountants, auditors and lawyers, who will either process Investor Data on our behalf or may be data controllers in their own right; (ii) to regulatory, administrative, law enforcement agencies, ombudsmen or other oversight bodies; (iii) to any third party that acquires, or is interested in acquiring, all or a substantial part of the our assets or equity interests, or that succeeds the Management Company or the General Partner in carrying on all or a part of our business; (iv) as required or permitted by law or regulation, including to comply with a subpoena or similar legal process; (v) when we believe in good faith that disclosure is legally required; or (vi) when we have a legitimate interest in making a disclosure and such interests are not overridden by your interests, fundamental rights or freedoms, such as where necessary to protect the Management Company’s, the General Partner’s or the Partnership’s rights and property. This may include certain entities located outside the Cayman Islands or the European Economic Area.

The Data Protection Measures We Take

Any transfer of Investor Data by us or our duly authorized Delegates outside of the Cayman Islands shall be in accordance with the requirements of the DPA.

We and our duly authorized Delegates shall apply appropriate technical and organizational information security measures designed to protect against unauthorized or unlawful processing of Investor Data, and against accidental loss or destruction of, or damage to, Investor Data.

We shall notify you of if we have actual knowledge of any Investor Data breach that we believe is reasonably likely to result in a risk to the interests, fundamental rights or freedoms of either you or those data subjects to whom the relevant Investor Data relates.

Getting In Touch

Should you have any queries or wish to discuss your data protection rights with us, please contact the Partnership, the Management Company or the General Partner.