Epstein Secrets

tal Equity tr Debt: • Total Equity: Total Debt: $401 mm $176 mm $225 mm • LPs co-invested $75 mm (43% of equity) • Dan Moloney, Merle Gilmore, Rod Randall, Al Zollar Entry Valuation & Liquidity/I e% era v,e Transaction Structure Acquisition Debt Holding Company 100.0% Platform Business ("Bond")

e $189 $9 $198 Liquidity/ Leverage • $14 mm to fund potential Call Option losses PF EBITDAO) S66 ($13) $53 % Margin • Net Debta) / PF2014 Bond EBITDA: 3.3x 34.9% NM 26.7% • • Sims rcadv CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL Nobs Pkaon Amodio-Footnotes- and -Sins tha

• LPs co-invested $52.5 nun (20% of equity) • Other co-investors: G5O Capital Partners .. ComVest Sanlcaty Advisors ZM Capital • Merle Gilmore, Rod Randall, Rick Mace Entry Valuation Sr Liquidity/Leverage Acquisition Debt Transaction Structure [ Holding Company 100.0% 100.0°A) GSS Businesses ("

72 534 5106 Liquidity/ ■ $70 mm in cash to fund Call Option losses and leverage restructuring % Margin 17.3% 25.4% • Net Debt'2) / PF2011 A Bond EBITDA: 1.7x NOW Pleale sox Appendix—Fooinct.," and 'Sint Disclaimer" and 'tooStudies" for importer* tnfonnationt additionalconsiderate:ins end definitions

■ Saltily Advisors • Rosemont Solebury ■ GSO Capital • ZM Capital ■ Company Founders Fetntocell Executive ■ Merle Gilmore, Michael Seedman, Rod Randall ("Call Option") Partners (S2itre. nt of cash on balance sheet to fund lashes) Entry Valuation & Liquidity/ I el erage Entry Summary Financials

of cash on balance sheet to fund lashes) Entry Valuation & Liquidity/ I el erage Entry Summary Financials (n December 2009A) • .17N('1 / PI 2009A Bond EBITDA: 2.8x EV-DO lemtucell Valuation (Bond) (Call Option) °the:tin Billings Liquidity/ ■ $28 mm of cash on balance sheet at close to fund potent

■ Saltily Advisors • Rosemont Solebury ■ GSO Capital • ZM Capital ■ Company Founders Fetntocell Executive ■ Merle Gilmore, Michael Seedman, Rod Randall ("Call Option") Partners (S2itre. nt of cash on balance sheet to fund lashes) Entry Valuation & Liquidity/I el erage Entry Summary Financials (

nt of cash on balance sheet to fund lashes) Entry Valuation & Liquidity/I el erage Entry Summary Financials (n December 2009A) • 'ID/w / PI 2009A Bond EBITDA: 2.8x EV-DO lemtucell Valuation (Bond) (Call Option) °the:tin Billings Liquidity/ ■ $28 mm of cash on balance sheet at close to fund potent