EFTA01374935.pdf

SRLPI 02 Alpha Group Capital TNS: Results Post-CIose \( hiev ernents Post-Close (;ross Realized & Unrealized Returns (SmItO Total Gross MOIC eb. 2013 Close Acquisition Fund + Co-Invest: 2.7x Dec.2 f 3 Fund only:2.6x Cost Savings / EBITDA Growth 3.0x • Reduced opex and capex by $64 mm $217 $736 • Grew EBITDA from $135 mm to run-rate $165 mm Feb. 2014 Dividend Recap • Returned $215 mm, —80% of cost, to $145 2.0x $519 investors Dec.2 f 4 G Call Option Sold • Gateway division sold to MasterCard for O S177 $159 mm or 26x EBITDA S • $74 mm distribution, —30% of cost, to S investors 1.0x NI $487 S ..2075 Bond Subsidiary Sold O • Caller authentication /directory business I $342 sold to Neustar for $220 mm or 9x EBITDA C Dec. 2015 Feb-2013 Cost Savings/EBITDA Growth Acquisition 0.0x • $83 mm of aggregate run-rate cost savings achieved Realized Unrealized Total • 2015 PF EBITDA of $109 mm, excluding ($177) Value Value Value divestitures Co-Investor Share Ian. 201 Dividend Recap ($96) Fund Share • Returned $230 mm, —84% of cost, to (1.0x) investors ($273) Sep. 2017 Debt Refinancing • Replaced 2nd lien debt with larger lg lien tranche N~ Return. mcltde unsealanl valuation.. The actual realmal mum of 41Ial unrealsmrd mveumvety may differ Sims mmenally from the return indicated hereon Mom see "ApreMIX 4 .001110We fee additional definttione Past performance is not nmemally Intlkallve of flame Mulls. oratwns and 49 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069892 CONFIDENTIAL SDNY_GM_00216076 EFTA01374935