EFTA01378193.pdf

SRI9102 Alpha Group Capital Mavenir Business Segment Overview (pro forma for Mite] Mobile & Ranzure) (Sin millions, TYE January) n o Legacy Business / "Bond" so Next-Gen. Business / "Call Option" MIIIMF11111111 `segment Sub-Segment =Ea Messaging Voice and Security Next-Gen Business Access and Core Value Added Services Enterprise Video Text Monetization OTT Integration Enables and Prevents SNI5 Enabk, and Enables VOLTS manages MNO Application- .1 NIMS sparn Enables mobile manages MNO VoWiFi and Provides the collect SMS / Infrastructure to-person * fraud and network operators SMS / MMS text video foundational MS text Fxlsihoned to ("A2r)5M5 the ("MNOs") to messaging. RCS onferencing for elements of 4G LTE messaging (similar facilitate any serywr that exploitation of provide and text messaging 4G LTE networks EPC, to collect calling) Over-the-Top enables grey routes in manage and networks that MNO DR. RAN etc. that for pre-paid corn enterprises to traditional, visual interoperability seamlessly supports Yoke, subscribers along application on 5,+V Urely networks; and virtualized among MNO integrate with video, messaging with additional any network to communicate provides S57 voicemall services SMS / MMS and 2O / 3G and data services VAS leveraging any device with Firewall RCS systems networks infrastruc lure customers defense installed base Primary PrIAV Per Business Perpetual software licenses and maintenance contracts RevenueShare Message Model FY'16E Product $46 $76 $53 $9 $42 $16 $28 Bookings EY'16E Total $368 $16 $28 Bookings Variable 5298 513 $7 Margin Underwriting Cast' 2016F Bookings 2021E Booking CACR (0%) 'tit \.m.,, to, in I A "lacy Business / "Bond" 111 $197 $195 tti NI At-Gen. Business / "Call Optionnot $187 $434 19% net gr. to. iny, and rt.of • SIRIS Exclatos Bonaire and EntorTrott knonto• Vat oranterance ollocatod to toGan• loran% Mod Molt& mootenaren and roi• reristet at-tooted proots • 1-etween &gory and 'on t•totroot, 30 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075354 CONFIDENTIAL SDNY GM_00221538 EFTA01378193