EFTA01378196.pdf

SRLP102 Alpha Group Capital PC1: Results Post-Close Close Acquisition Gross Unrealized Returns Successful CEO Transition and Executive/ (Stunt) Total Gross MOIC Organizational Changes Fund + Co-Invest 1.2x Strategy & Business Development Implementation Fund only:1.1x $399 S520 Fund Bridge Refinanced and Dividend • Fully refinanced $100 mm fund bridge, plus 1.Ox $5.6 mm interest, and distributed $15 mm in November, —3% of cost Cost Sratings/EBITDA - Capex Growth SEA • 2016 EBITDA and EBITDA - Capex of $137 mm and $111 mm, up from $106mm and $141 $73 mm in 2015A $121 R • Achieved $56 mm of run-rate cost savings O in first year of ownership versus target of S Dec-2015 $60 mm over two years S 0.0x - c uisition A . Follow-on acquisition Realized Unrealized Total M I ill it III Value Value Value • Accretive acquisition of ReadyTalk for 3.3x O LEINEM PF EBITDA I C (S96) Dividend recap • Returned $100 mm, -22% of cost, to investors Cost Savings/ EBITDA - Capex Growth • 2017 EBITDA and EBITDA - Capex of $138 Co•Inveslor Share (1.Ox) *Fund II Share mm and $111 mm ($447) Fund III Share • Achieved $54 mm of run-rate cost savings in 2017 Follow-on Investment • Invested $50 mm of equity to accelerate Note: get um, include unre.dwd vslosnon. The aut.] realized return of such tounlized inneamento may PGi's growth initiatives, including the differ matenslly from the return, inItcaed herein. Please sa -AppenSix-Foi*nou€ for addmonal • •SIMS development of a Cloud PBX product corenderaton,.nd definetoonm. Pam performance a nor naxH.aily Indicdfive of fume rftults. 33 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0075357 CONFIDENTIAL SDNY_GM_00221541 EFTA01378196