AVELLUM Advised CPPIB on Acquisition of 48% Stake in GlobalLogic Inc.
from Apax Funds

AVELLUM acted as the Ukrainian legal counsel to Canada Pension Plan Investment
Board ("CPPIB") in connection with the acquisition of an approximate 48%
stake in GlobalLogic Inc. from Apax Funds.

Latham & Watkins acted as the global legal advisor to CPPIB, while AVELLUM
advice covered matters of Ukrainian corporate law, structuring of employment
relations with private entrepreneurs, enforceability of non-disclosure clauses
in employment contracts and intellectual property matters, in particular
transfer of proprietary rights to intellectual property created by employees of
GlobalLogic Ukraine LLC.

CPPIB is a professional investment management organisation that invests the
funds on behalf of 19 million contributors and beneficiaries. In order to build
a diversified portfolio of Canada Pension Plan assets, CPPIB invests in public
equities, private equities, real estate, infrastructure, and fixed income
instruments.

GlobalLogic Inc. is one of the top-5 global outsourced product developers
headquartered in USA, having 11,000 employees with significant operations in
Ukraine, India, Slovakia, Argentina, Poland, and the US. GlobalLogic Inc.
specialises in design, mobile, embedded, big data and analytics, Internet of
Things, and DevOps.

Apax Partners LLP ("Apax Partners") is a leading private equity advisory
firm. It operates globally and has more than 35 years of investing experience.
Apax Partners has advised funds that total over USD48 bn in aggregate as at 30
September 2016. Funds advised by Apax Partners invest in companies across four
global sectors of Tech & Telco, Services, Healthcare, and Consumer. These
funds provide long-term equity financing to build and strengthen world-class
companies.

AVELLUM team working on this project was led by Managing Partner, Mykola
Stetsenko, with significant support from Associates, Yuriy Zaremba, Dmytro
Symbiryov, and Andrii Gumenchuk.