Epstein Secrets

7% 2012 124.8 89.7 10.3% 2013 138.9 99.9 11.3% 2014 155.3 111.7 11.8% CAGR: 2009-14 Source: Datamonitor 10.1% DATAMONITOR • Sources: Standard & Poor's Industry Surveys (n, the Datamonitor Group, and information provided by management. CONFIDENTIAL I WTAS LLC 13 EFTA00307408 WTAS ALIPHCOM - COMMON EQUITY VALU

il that was available for the studies above. Detailed data related to the performance of companies covered in the studies and other information for the Silber, Management Planning, and FMV studies were available, and as a result, we relied on the information from these three studies as a starting point for our analysis. 2. Fo

7% 2012 124.8 89.7 10.3% 2013 138.9 99.9 11.3% 2014 155.3 111.7 11.8% CAGR: 2009-14 Source: Datamonitor 10.1% DATAMONITOR • Sources: Standard & Poor's Industry Surveys (n, the Datamonitor Group, and information provided by management. CONFIDENTIAL I WTAS LLC 13 EFTA00307307 WTAS ALIPHCOM - COMMON EQUITY VALU

il that was available for the studies above. Detailed data related to the performance of companies covered in the studies and other information for the Silber, Management Planning, and FMV studies were available, and as a result, we relied on the information from these three studies as a starting point for our analysis. 2. Fo

7% 2012 124.8 89.7 10.3% 2013 138.9 99.9 11.3% 2014 155.3 111.7 11.8% CAGR: 2009-14 Source: Datamonitor 10.1% DATAMONITOR • Sources: Standard & Poor's Industry Surveys (n, the Datamonitor Group, and information provided by management. CONFIDENTIAL I WTAS LLC 13 EFTA00307206 WTAS ALIPHCOM - COMMON EQUITY VALU

il that was available for the studies above. Detailed data related to the performance of companies covered in the studies and other information for the Silber, Management Planning, and FMV studies were available, and as a result, we relied on the information from these three studies as a starting point for our analysis. 2. Fo