EFTA01374906.pdf

SRLP1 02 Alpha Group Capital Siris' Sourcing Approach Institutionalized disciplined approach to sourcing investments. Investment Process Representative White Paper Topics We study the effect of technology disruptions on Enterprise industry sectors that address mission-critical Communication Video 2.0 requirements for their customers Working together, our Executive Partners and Wireless 1 Business Development team develop "whitepapers' Transition Industrial IOT to formulate a thesis and identify specific target 2G, 3G, 4C, SC All••••• opportunities; —20 written to date Annual Pipeline Potential targets are ranked by the attractiveness rate of their Bond/Call characteristics Into' Potential Target I txlinulogy Universe Leveraging Sins' collective network of relationships, we initiate an outreach effort to I pical a of meet with the targets and detail the benefits of opportunities reviewed working with us (^1.00.1"ra ssZ lats.* Key Statistics - A transaction can take 12 A(Ilienoiet Due I )iiigent to 36 months to 8-10) A taketriva I I i u re inveAtnents les consummate given the complicated nature of Iran (lions" Only 2 traditional -S.Ex average our targets' situation auctions acquisition multiple` Polar Note: Represents deal activity for buyout funds only. Notet Skid strategiesand taigas depend on • variety of firtont, including the pnevalling marts environment and invitee:mint availability and opporturdy, and there can keno...irate that the conditions upon which such gear and targets are bawd will materialize. The stove is few illusuativi damnation* and is intended to show how Sim analyse. technoloff inveatinerac It does not mama% any pant:mksSins imminent (II Includes public tech and telecom companies m the t6. Canada. UK tad France vnth TEV parameters of S200inm to $2.5bn Aho amnia S% Imamatetoadmit forIn' size parameter) of pr eviletech aid telecom US end Canadian companies. Seems Caps Sun estimate.. (2) Paved on simple armed TEV/ Bond lleiwy division/only EIVIVA multiplex at vary for Airvaki. Meier, Stratus, and Digital Karr (vat of which a the towel the antral. armonitton, had Call Option's) (venture d ivisaml that were germanise negative ERITDA) and TEV Total affDA at entry for Intralinks. Polyrern, klaventr. PCi. Pulte.TNIS and hINkdal teach of winch a the timed the applicable acqunition, bad Call (trancelike( were generating positive EIMIDA). Canso.Bank at excluded given the traniaction is non-com to mu ongoing straw towards amusing complex technology busanamm. Applied Oncovery Ie excluded given the mull SS. amid S3 Indian% Synchronosa si excluded as the investmete wax in the (nand • nunonty PIPE immanent. Earl DA. are proformato include, where applicable. !worried cod saliva end realised a entry. ad dieted to exclude tome such as noreraurnrig St RicrunnS coats, °plank etc. Total Enterpme Value (TEV)axiudee transactionevents ad Mancesheet rah tut dace not exclude rash earmarked to fund anticipakd Call Option Imam rumba,maul+, are enplaned in more dad In the Detar 4cible caw Muth., included herein Pk., see •AppendIx-Fund Paformage (or • oompleta hat ofSOW invegmente. Please em "Appendix- Footnote's.' (or addnand coreldwatiom and deRnelona lit Dos not Include add ow. 5 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069848 CONFIDENTIAL SDNY_GM_00218032 EFTA01374906