Long Path Smaller Companies Fund, LP - 30 Apr 2024 Form 4/A Insider Report for Silvercrest Asset Management Group Inc. (SAMG)

Footnote F1

The price reported in Column 4 is a weighted average price. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Footnote F2

The reported securities are owned directly by Long Path Smaller Companies Fund, LP (the "Fund"), a private investment fund managed by Long Path Partners, LP (the "Adviser"), and may be deemed to be indirectly beneficially owned by (i) the Adviser, (ii) Long Path Holdings LLC (the "Adviser GP"), the general partner of the Adviser, (iii) Long Path Fund GP, LLC (the "Fund GP"), the general partner of the Fund, (iv) William Thomas Brennan, the managing member of the Adviser GP and the Fund GP and co-portfolio manager of the Fund, and (v) Brian Paul Nelson, the co-portfolio manager of the Fund and a partner of the Adviser GP. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its or his pecuniary interest therein, and this report shall not be deemed an admission that such Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.