EFTA00603572.pdf

PHAIDON PRE-AUGUST 2013 STRUCTURE CHART 3/5/2015 DRAFT ----- ----- BEB 2011 *.‘ JMB 201I I ASB 2011 • r - VRB 2011 -'• KEY: • Trust • Trust -" N. Trust — - el • - Trust - —_ — ----- *Trustees BC, JH, RR Benes DRB, BEB, JMB, ASB, VRB an ••• ••• LDB 2011 LLC **Trustees DRB, BC,11-I, RR r' Black Fami y 1997 Trust‘i t •% i • (DP*** Benes BEB, JMB, ASB, VRB, DRB (NY)" ***Trustees BC, JH, DRB, UST Admin Benes BEB, JMB, ASB, VRB APO2 Trust APOI Trust (NY)' (NY)* '997 GST EX) Trust (NY)" Leon Black 80.59% 14.93% S54m 10/3/12 <I. 4.48% siom ion/12 12 EQUITY 567k' EQUITY $ 41%2 LOAN 11/4/12 1 100% I.6n) • Black 3/14/13 Family PLB LLC (DE) JMWT LLC (DE) Partners LP Manager .11-1 S67k 11/4/12 EQUITY Manager: LDB LOAN SI.6m 5/21/13 ADVANCE for Prof. shs 99.9% S1.6m 3/14 13 0.1% Designated Members: JMWT Acquisition LLP (UK) nvisivr LLC — Leon Black ADVANCE PLB LLC — Debra Black 51.6m £27.5m 10/3/12 5/22/13 EQUITY £13.7m 10/3112 • DEBT 10/3/12 JMWT Topco Limited (UK) Directors: LDB, EA $66,001,800 EQUITY f 2.7.5m 10/3/12 $332,510 STAMP TAX + EQUITY $242,812 ACQ EXP JMWT Midco Limited (UK) Directors: LDB, EA McFarlane's Client Account for -NWT £27.5m + £13.7m 10/3/12 EQUITY • Acq LLP on behalfof . JMWT L mited (UK) PLB & JMWT LLCs Directors: LDB, DRB, EA BIDCO AF E4 I .2m to SI.6m sdiing Sql Subscription for Pref. shs To Shareholders SI.6m far PPL sin (£ 2.1Im = 53.2m) 10/3/12 10/24/13 Phaidon Press Limited (UK) Directors: Key Execs, EA Phidon Press MRL (UK) Phaidon Press Phaidon Press Phaidon Press Phaidon Press Phaidon Press Inc. GmbH Sari Srl KK (Australia) (Germany) (France) (Italy) (Japan) *SS transferred from Leon & Debra JT Acct, NB. LDB has no separate account EFTA00603572  PHAIDON POST-AUGUST 2013 STRUCTURE CHART 3/5/2015 DRAFT Reflecting activity a/o 12/31/14 ------ ----- - ----- - - ----- r e* BEB 2011 JMB 2011 • (' ASB 2011 -• VRB 2011- 1 KEY: • Trust*** %, Trust*s• • %, Truse" „ • • Trust*" „a — ----- *Trustees BC, Ai, RR -------- Bents DRB, BEB, JMB, ASB, VRB re. Black Family 1997 Trust...I LDB 2011 LLC (DE) ‘i **Trustees DRB, BC, 3K, RR (NY)" Member Managed , Banes BEB, JMB, ASB, VRB, DRB ***Trustees BC, JH, DRB, UST Admin Banes BEB, JMB, ASB, VRB APO2 Trust APOI Trust (NY)* (NY)* 1997 GST EX 80.59% 14.93% Leon Black Trust (NY)" 100% EQUITY EQUITY 1N.M.48% REC 51k 5500k 6/13/14 EQUITY 5149k EQUITY 100% S4 25m 6,14/14 5806k I I/14 11/14 11'4 EQUITY 5200k Paul, 11/13/14 Black PLB LLC (DE) JMWT LLC (DE) Weiss Family Client Manager: JH Partners LP Manager: LDB Account EQUITY 5250k sim LOANS 08/25,14 EQurry S13.35m PASI LLC (DE) LOAN 11/14 99.9% (9/13 -11/1-1) 0.1% Slm V Judith Regan Manager: BC 12T24/1-1 PHAIDON GLOBAL LLC (DE) 100% Regan Media Debra Manager: JMWT LLC Inc. Black 75% EQUITY 100% 100%\ : win. 25% 54.75m LOAN s;qi i .:ni4 8/16/14 5450k 99.9% PHAIDON LLC (DE) AS 12/24/14 Regan Arts LLC (DE) LitKit LLC (DE) Hldgs Ltd. Formerly: JMWT Mgr LLC Board of Mgrs: JMWT Board of Mgrs: (Bermuda) Manager JMWT LLC LLC, JR JMWT LLC, JR Mgr PASI 0.1% LW Members: Phaidon Global, Phaidon LLC Officer. EA MINT Acquisition LLP (UK) Manager: Phaidon LLC 100% 100% ♦ ARSP LLC (DE) JMWT Topco Limited (UK) Directors: LDB, EA Manager: Keith Fox 100% 100% TaT Artspace LLC (DE) JMWT Midco Limited (UK) Directors: LDB, EA Formerly: AS Acq LLC 4 Manager: Keith Fox LOANS 100% SI 1.53m (9/13- 12/14) JMWT Limited (UK) Directors: LDB, DRB, EA To Artspace owners on behalf of AS Acq LLC and Parent Entities 100% Phaidon Press Limited (UK) Directors: Key Execs, EA Phaidon Press Phaidon Press Phaidon Press Phaidon Press Phaidon Press MRL (UK) Phaidon Press Inc. GmbH Sarl Srl KK (Australia) (Germany) (France) (Italy) (Japan) 2 EFTA00603573  PHAIDON GOVERNANCE STRUCTURE CHART 3/5/2015 DRAFT KEY: ----- ----- - ------ —— Trustees BEB 2011 %, JMB 2011 •; " ASB 2011 , ' I VRB 2011 -• Beneficiaries • Trust*" Trust*** i Trust*" ..." • Trust*" Managers/Officers *BC, JH, RR , - --------- .... ()RD. BEI3..IMB, ASB. VRB i Black Family 1997 Trust r' LDB 201I LLC (DE) %., • ( Manager BC as of 6:14 I "ORB, BC,111, RR • (NY)" .. 0 • • Formerl): Member Alanal,vd 7 M MI •• BEB..INIR. ASB. VRB. DRB ... ... — „ _ r — -- .". ***BC, JH, DRB, UST Admin C BEI3. FMB.:ASB. VRB APO2 Trust APOI Trust (NY)* (NY)* 1997 GST EX Leon Black Trust (NY)" J 80.59% 14.93% 4.48% 100% 100% PLB LLC (DE) JMWT LLC DE) A tanager: JH Manager: LDB PASI LLC (DE) 0.1% Manager. 1W Judith Regan y A PHAIDON GLOBAL LLC (DE) 100% Regan Media Manager: JAI WT LLC Inc 100% 100%T 75% Regan Arts LLC (DE) LitKit LLC (DE) 99.9% PHAIDON LLC (DE) Board of Mgrs: JMWT Board of Mgrs: JMWf AS Holdings Ud. Formerly: JWAIT Mgr LLC LLC. JR JR (Bermuda) Manager JMWF LLC Manager: 'ASI LLC • • 0.1% Officu: EA Orig. Members: JMWI LLC — Leon Black PER LI.0 — Debra Black JMWT Acquisition LLP (UK) Current Members: Phaidon Global. Phaidon I.I.0 100% Managing Member: Phaidon LLC 100% ARSP LLC (DE) Directors: LDB, EA Manager: Keith Fox JMWT Topco Limited (UK) 100% 100% Artspace LLC (DE) JMWT Midco Limited (UK) Directors: LDB. EA Manager: Keith Fox 100% JMWT Limited (UK) Directors: LDB, DRB, EA 100% Phaidon Press Limited (UK) Directors: Key Execs, EA Phidon Press Phaidon Press Phaidon Press Phaidon Press Phaidon Press MRL (UK) Phaidon Press Inc. GmbH Sarl Srl KK (Australia) (Germany) (France) (Italy) (Japan) EFTA00603574  ENTITY MEMBERS TRUSTEES BENEFICIARES MANAGEMENT DOMICILE BLACK FAMILY 1997 TRUST DRB,BC,IH,RR DRB,BEB)MB,ASB,VRB NY LDB 2011 LLC BEB,JMB,ASB,VRB 2011 Trusts BC,111,DRB,UST ADMIN BEB,JM8,ASEI,VRB BC a/o 6/14 (originally Member Managed) DEL APO 1 TRUST BC,JH,RR DRB,BEB)MB,ASB,VRB NY APO 2 DECLARATION BC,JH,RR DRB,BE8,1MB,ASB,VRB NY BLACK FAMILY 1997 GST EXEMPT TR DRB,BC,JH,RR DRB,BE13,1MB,ASB,VRB NY PLB LLC APO 1, APO2, 1997 GST EX TRUST Manger-JH DEL JMWT LLC LDB Manager-LDB DEL PHAIDON GLOBAL LLC • PLB LLC, Phaldon LLC Manager-JMWT LLC DEL PHAIDON LLC (formerly JMWT Mgr LLC) PHAIDON GLOBAL Manager-JMWT LLC DEL JMWT ACQUMSITION LLP PHAIDON GLOBAL, PHAIDON LLC Managing Member-Phaidon LLC UK (Original Managing Member JMWT LLC) JMWT TOPCO Directors-LDB,EA UK JMWT MIDCO Directors-LDB,EA UK JMWT LTD Directors-LDB,DRB,EA UK PHAIDON PRESS LTD Directors-Key Execs + EA UK REGAN ARTS LLC PHAIDON GLOBAL Board of Managers: JMWT LLC,JR DEL LIT KIT LLC PHAIDON GLOBAL, JUDITH REGAN Board of Mangers: JMWT LLC, JR DEL PAS, LLC APO 2 DECLARATION Manager- BC DEL AS HOLDING LTD Manager-PASI LLC, EA-officer BERMUDA ARSP LLC AS HOLDINGS LTD Manager-Keith Fox DEL ARTSPACE LLC (formerly AS Acq LLC) ARSP LLC Manager-Keith Fox DEL •Reorg for Addition of Phaidon Global - August 2013 Agreement entered into by JMWT LLC and PLB LLC to reorg: JMWT LLC contributed Its partnership Interest in JMWT Acq LLP to Phaidon Global LLC Phaldon Global contributed that partnership interest to JMWT Manager LLC PLB LLC contributed partnership interest interest in theAcq LIP to Phaldon Global (which retained that interest) JMWT LLC as Managing Member approved Phaidon Global and JMWT Manger LLC as new members of the LLP JMWT LLC resigned as Managing Member of the LLP and nominates JMWT Manager LLC as Managing Member (JMWT Manager LLC later renamed Phaidon LLC in June 2014) EFTA00603575