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ughly equal to the forward annual EBITDA growth rate. 20 18 16 14 cr 12 a 10 6 4 2 Forward EV/EBITDA for Alkeon Growth vs Indices AGP —e—MSCI World S&P 2033 2034 2035 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Sept) Year CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-00
of MSCI US performance 75% 2.0% 1.6% 1.0% 05% 00% -OS% 0% a ■ ■ I • • Am Feb Mar Apt May in JJ Aly Sep Oct Nov Dec ■ Median MSCI US performance (%mom) ■% of line market is up 'Median since 1970. Source: Datastream, J.P. Morgan. 60% 80% At% 60% 50% 40% 30% 20% 10% 0% O
t roughly equal to the forward annual EBITDA growth rate. 18 16 14 cr 12 a 10 6 4 2 Forward EV/EBITDA for Alkeon Growth vs Indices AGP —e—MSCI World S&P 2033 2034 2035 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Sept) Year CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-00
of MSCI US performance 75% 2.0% 1.6% 1.0% 05% 00% -OS% 0% • ■ • I • • Am Feb Mar Apt May in Ad Atm Sep Oct Nov Dec ■ Median MSCI US performance (%mom) ■% of line market is up 'Median since 1970. Source: Datastream, J.P. Morgan. 60% 80% FO% 60% 50% 40% 30% 20% 10% 0% O
ughly equal to the forward annual EBITDA growth rate. 20 18 16 14 cr 12 a 10 6 4 2 Forward EV/EBITDA for Alkeon Growth vs Indices AGP —e—MSCI World S&P 2033 2034 2035 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Sept) Year CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-00
of MSCI US performance 75% 2.0% 1.6% 1.0% 05% 00% -OS% 0% a ■ ■ I • • Jan Feb Mar Apt May an JJ Ac Sep Oct Nov Dec ■ Median MSCI US performance (%mom) ■% of line market is up 'Median since 1970. Source: Datastream, J.P. Morgan. 60% 80% At% 60% 50% 40% 30% 20% 10% 0% O
ughly equal to the forward annual EBITDA growth rate. 20 18 16 14 cr 12 a 10 6 4 2 Forward EV/EBITDA for Alkeon Growth vs Indices AGP —e—MSCI World S&P 2033 2034 2035 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 Sept) Year CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-00
of MSCI US performance 75% 2.0% 1.6% 1.0% 05% 00% -OS% 0% a ■ ■ I • • Am Feb Mar Apt May in JJ Aly Sep Oct Nov Dec ■ Median MSCI US performance (%mom) ■% of line market is up 'Median since 1970. Source: Datastream, J.P. Morgan. 60% 80% At% 60% 50% 40% 30% 20% 10% 0% O
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