Message From: Oglesby, LaToya J | on behalf of | SH-Al-Product-Update | [aes | Sent: 11/14/2018 9:39:12 PM BCC CONFIDENTIAL UBSTERRAMARO0003849 EFTA00239181

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EFTA00239182 UBSTERRAMARO0003850 CONFIDENTIAL

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Subject: FW: AlphaKeys Millennium Fund, LLC - Reinvestment Opportunity & Class B Offering Attachments: AlphaKeys Millennium Fund |_ Client Communication_2018 distribution_FINAL....pdf; AlphaKeys Millennium Fund LLC - Class B Combined PPM packet_11.14.2018 F....pdf COMMUNICATION ATTACHED From: Oglesby, LaToya On Behalf Of SH-AI-Product-Update Sent: Wednesday, November 14, 2018 4:34 PM Subject: AlphaKeys Millennium Fund, LLC - Reinvestment Opportunity & Class B Offering 2% UBS Important information about your investment in AlphaKeys Millennium Fund, L.L.C. Response regarding distribution of net profits due December 5, 2018 We are sending you the attached notice and election form (the “Election Form”) regarding the AlphaKeys Millennium Fund, L.L.C (the “AlphaKeys Fund”), which is an investment that you currently hold with UBS The AlphaKeys Fund is a UBS feeder fund that invests in Millennium USA LP (the “Millennium Fund”), a hedge fund managed by Millennium Management LLC (“Millennium”). As of December 31, 2018, Millennium will distribute all of the Millennium Fund's estimated 2018 net profits to its limited partners, including the AlphaKeys Fund. All investors in the AlphaKeys Fund will also receive a profit distribution (the “Distribution”) and may elect one of two options . Reinvest the entire Distribution in a new, less liquid class of interests of the AlphaKeys Fund (“Class B Interests”) - Action required . Receive the entire Distribution in cash - No action required Please review the attached Election Form and the AlphaKeys Fund's Private Placement Memorandum and discuss any questions with your Financial Advisor prior to making your decision The tax consequences of any Distribution, whether reinvested or received in cash, may vary depending on your particular circumstances. You should seek advice from a tax professional regarding the effects of any potential transaction If you wish to reinvest your entire Distribution in Class B Interests of the AlphaKeys Fund, the attached Election Form must be fully completed, executed, and submitted by e-mail to BNY Mellon Alternative Investment Scrviccs (i ) CONFIDENTIAL UBSTERRAMARO0003851 EFTA00239183

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no later than December 5, 2018, If you do not return a completed Election Form by the deadline, you will receive the Distribution in cash. This message and any attachments are intended only for the use of the addressee and may contain information that is privileged and confidential. If the reader of the message is not the intended recipient or an authorized representative of the intended recipient, you are hereby notified that any dissemination of this communication is strictly prohibited. If you have received this communication in error, please notify us immediately by e-mail and delete the message and any attachments from your system. CONFIDENTIAL UBSTERRAMAR00003852 EFTA00239184