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SRLPI 02 Alpha Group Capital TNS: Results Post-CIose \( hiev ernents Post-Close eb. 2013 Dec.2 f 3 Feb. 2014 Dec.2 f 4 S ..2075 Dec. 2015 Ian. 201 Close Acquisition Co
rectory business sold to Neustar for $220 mm or 9x EBITDA Cost Savings/EBITDA Growth • $83 mm of aggregate run-rate cost savings achieved • 2015 PF EBITDA of $109 mm, excluding divestitures Dividend Recap • Returned $230 mm, —84% of cost, to investors Sep. 2017 Debt Refinancing • Replaced 2nd lie
SRLP102 Alpha Group Capital Web.com: Summary Transaction Overview at Entry Sims CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL Ot jet% Business Descriptio
al EBITDA: 8.2x S m ermine• Total Savings PI: Total Revenue) $619 $619 ■ $64 mm cash to balance sheet to pre-fund Liquidity/ restructuring PF EBITDA(') $190 $60(4) $250 Leverage ■ Net Debtm / PF2018E Total EBITDA: 5.8x % Margin 3/70 40% Nom Plante " Ap prnela-F an name and Seri* Deets:tr
SRLP102 Alpha Group Capital Creating Mavenir: Xura + Mite! Mobile & Ranzure Follow-on Acquisitions Mite! Mobile Sr Ranzure Overview • On January 31, 2017 Xura acquired Ranzur
nergies and PF Adjust.E71 PF Total • Significant run-rate cost savings opportunity in excess of $100 Bookings $264 $181 ($62) $383 million PF EBITDA $92 $58(8) ($27) $123 • $100nun+ cross-sell opportunity in new combined entity leveraging Xura's worldwide presence and Mitel Mobile's % Margi
SRLPI 02 Alpha Group Capital TNS: Re4,1111-c; Prot-CIose Key Achievements Post-Close Sims eb. 2013 Dec.2 f 3 Feb. 2014 Dec.2 f 4 S ..2075 Dec. 2015 Ian. 201 Close Acqu
rectory business sold to Neustar for $220 mm or 9x EBITDA Cost Savings/EBITDA Growth • $83 mm of aggregate run-rate cost savings achieved • 2015 PF EBITDA of $109 mm, excluding divestitures Dividend Recap • Returned $230 mm, —84% of cost, to investors Sep. 2017 Debt Refinancing • Replaced 2nd lie
Entities connected to both Alpha Group Capital and PF EBITDA