EFTA01378208.pdf

SRLI3102 Alpha Group Capital Stratus: Results Post-Close Key Achievements Post-Close Gross Unreal irett Returns (Soon) Total Gross MOIC r. 2014 Close Acquisition Fund + Co-Invest:1.2x Fund only:1.2x Organization Restructuring/ Debt 1 Repayment $218 $218 • Completed Bond and Call Option divisional restructuring • Repaid $15 mm of debt ahead of schedule 1.0x Feb. 2015 S117 Debt Repayment • Repaid $10 mm of debt ahead of schedule in addition to $5.6mm ordinary course repayment • Total debt repayment of $31 mm or 14% R in 10 months O $101 $101 • Net Debt / Bond EBITDA decreased from S Apr -2014 3.3x at closing to 2.9x S Acquisition Nov. 2016 0.0x Follow-on Acquisition Unrealized Total M • Acquired Regal Maintenance for $6 mm O ($80) Value Value or 3x EBITDA pro forma cost savings I C Debt Repayment/Bond Resilience • Bond division continues to perform. • FY2017 EBITDA of $44 mm ($96) • Repaid 32% of acq. debt to date Co-Investof Share Fund Share Debt Repayment/Bond Resilience and Growth (1.0x) Feb. 2018 • Bond division organic investment to target ($178) Industrial Automation and Internet of Things opportunity to grow. • FY2018 EBITDA of $43 mm • Repaid 40% of acq. debt to date Sims Nob Rotuma utclude unrealised valuators The actual maimed r um cibuch un.otluad tronfremorts m dam metanally from the Moray ea:heated herein Mem see "Appendix-roans:' be additional coomdersfrons And definitions Pal parformarwe Is nut necemaily banality a kluge TSUib. 45 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0075369 CONFIDENTIAL SDNY_GM_00221553 EFTA01378208