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y J. Cohen ("BC") and John J. Hannan ("JH") s• Trustees: BC, JH, Richard Ressler and Debra Black The Publishing Trust (NY)' "'Board of Managers: JMWT LLC and Judith Regan PLB LLC (US) Manager: JH As of 4/26/16 C Leon BlackD ) 100% JMWT LLC (US) Manai,er: LB 99.9% 0.1% Regan Ans LLC 100%
nager: JMWT LLC 1 49% PHAIDON LLC (US) Manager: EFS I 100% Bradley .1. Wechsler (-BW"). President 51% JMWT Limited (UK) Director: BW 100% Phaidon Press Limited (UK) Directors: BW, Ben Black, BC. James Booth-Clibbom, Keith Fox, Philip Ruppcl 100% of each Phaidon Press (Australia) PH An AG (Swiss) M
statements of PPL, audited by a firm of chartered accountants. 1.3 Change of Ownership. Not to cause or permit at any time any person, other than JMWT LLC and PLB LLC (collectively, the "Parent Entities"), to be members of the Borrower. Loan Agreement 6 EFTA00597423 7.4 Notices to Lender. To prom
each state were it is required to do so by applicable law, except where the failure to do so would not have material adverse effect on the Borrower. Phaidon Press Limited ("PPL") is an indirect, wholly-owned subsidiary of the Borrower. 6.5 No Conflicts. This Agreement does not conflict with any law, agreement, or ob
ed is the partnership agreement for JMWT Acquisition LLP dated 3rd October 2012. Schedule 1 shows the capital contributions of the initial members: JMWT LLC PLB LLC £41,215 £41,163,785 The Limited Liability Agreement for Phaidon Global LLC then assigned the capital contributions of JMWT LLC to Phaidon
JMWT Acquisition LLP Has a debit balance with _WWI Limited (£41,205,00) as it paid Macfarlanes in relation to the purchase of the share capital of Phaidon Press Limited Has a credit balance with JMWT Topco Limited (£27,470,001) relating to the purchase of 101 shares in _NWT Topco Limited 2. JMWT Topco Limited Ha
B. DRB ***BC. JH. DRB. UST Admin BEB. JMB. ASB. VRB 100% ♦ Leon Black JMWT LLC DE) Manager: LDB 99.9% 0.1% PHAIDON GLOBAL LLC (DE) Manager: JMWT LLC 1 99.9% 100% PHAIDON LLC (DE) Formerly: !WAIT Mgr LLC Manager: JMWT LLC 0.1% loos 75% Regan Media Inc. Regan Ans LLC (DE) Board of Mgrs:
oard of Mgrs: JMWT LLC. JR JMWT Acquisition LLP (UK) 100% 1MWT Topco Limited (UK) 100% 1MWT Midco Limited (UK) 100% JMWT Li nited (UK) 100% Phaidon Press Limited (UK) 25% LitKit LLC (DE) Board of Mgrs: JMWT LLC. JR ()rig. Members: JMWT LLC — Leon Black PLB LLC - Debra Black Current Members: Phaidon Glob
n ("JH"). Richard Ressler ** Trustees: BC. JH, Richard Ressler. Debra Black ("DB"), US Trust Company (Administrative Trustee) ***Board of Managers: JMWT LLC. Judith Regan JMWT LLC (US) Manager: LB PHAIDON GLOBAL LLC US) Manager: 1M1VT LLC 99.9% 100% • PHAIDON LLC (US) Fomterly: .110/MT Manager
/MT Manager LIZ 0.1% V JMWT Acquisition LLP (UK) 100% 1 JMWT Topco Limited (UK) 100% • JMWT Midco Limited (UK) 100% JMWT Limited (UK) 100% Phaidon Press Limited (UK) 100% of each Manager: JMWT LLC 10/28/15 Managing Member: Phaidon LLC Directors: LB. Bradley J. Wechsler ("BJW') Directors: LB. BJW Direc
Entities connected to both JMWT LLC and Phaidon Press Limited
Eileen Alexanderson
PERSONPhaidon
ORGANIZATIONLeon Black
PERSONJMWT Acquisition LLP
ORGANIZATIONJMWT Midco Limited
ORGANIZATIONJMWT Topco Limited
ORGANIZATIONPhaidon Global LLC
ORGANIZATIONJMWT Limited
ORGANIZATIONPHAIDON GOVERNANCE STRUCTURE CHART
ORGANIZATIONDebra Black
PERSONKeith Fox
PERSON
Barry Diller
PERSON
Michael Cohen
PERSONPhaidon Press
ORGANIZATIONRichard Ressler
PERSONJudith Regan
PERSONBen Black
PERSONBlack Family 1997
ORGANIZATION