EQV Ventures Acquisition Corp.

1. Reference is made to the transactions contemplated by that certain Business Combination Agreement, dated as of August 5, 2025 (the "Business Combination Agreement"), by and among the issuer, Presidio Production Company (f/k/a Presidio PubCo Inc.) ("Presidio"), a Delaware corporation and a direct, wholly-owned subsidiary of the issuer, Prometheus PubCo Merger Sub Inc., a Delaware corporation and a direct, wholly-owned subsidiary of Presidio, Prometheus Holdings LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of the issuer ("EQV Holdings"), Prometheus Merger Sub LLC, a Delaware limited liability company and a direct, wholly-owned subsidiary of EQV Holdings and Presidio Investment Holdings LLC, a Delaware limited liability company (the "Transactions").

2. In connection with the consummation of the Transactions (the "Closing"), these Class A ordinary shares of the issuer were automatically surrendered and cancelled and converted into the right to receive shares of Presidio's Class A common stock on a one-for-one basis pursuant to the Business Combination Agreement. Following such transaction, EQV Ventures Sponsor LLC (the "Sponsor") and the other Reporting Persons own zero Class A ordinary shares of the issuer.

3. The Sponsor is governed by a board of managers, which is composed of Tyson Taylor, Jerome C. Silvey, Jr. and Jerome Silvey, III (the "Managers"). Each of the Managers disclaims beneficial ownership of the securities held directly by the Sponsor except to the extent of his pecuniary interest therein. The business address of each of these individuals is c/o EQV Ventures Acquisition Corp., 1090 Center Drive, Park City, UT 84098.

4. Represents Class A ordinary shares held individually by Jerome C. Silvey. Each of the other Reporting Persons disclaim beneficial ownership of such Class A ordinary shares.

5. In connection with the Closing, the Sponsor surrendered an aggregate of 1,127,963 of its Class B ordinary shares directly held by the Sponsor as a contribution to capital at the Closing pursuant to certain Securities Contribution and Transfer Agreements between the Sponsor and certain holders of Presidio.

6. In connection with the Closing and effective as of such time, the Sponsor forfeited and surrendered to the issuer 217,391 of its Class B ordinary shares directly held by the Sponsor pursuant to a forfeiture agreement dated March 2, 2026, by and among the Sponsor, the issuer, EQV Holdings and Presidio Investment Holdings LLC.

7. In connection with the Closing, an aggregate of 7,404,646 Class B ordinary shares directly held by the Sponsor were automatically surrendered and cancelled and converted into the right to receive shares of Presidio's Class A common stock on a one-for-one basis. Following such transaction, the Sponsor owns zero Class B ordinary shares of the issuer.

8. In connection with the Closing, an aggregate of 133,332 warrants to purchase shares of the issuer's Class A ordinary shares at an exercise price of $11.50 directly held by the Sponsor were automatically surrendered and cancelled and converted into the right to receive warrants exercisable at a price of $11.50 for one share of Presidio's Class A common stock on a one-for-one basis. These warrants are to be exercisable after 30 days following the Closing and will expire five years following the Closing.