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tners, LP ("BFP" or the "Partnership") as of December 4, 2013 (the "Valuation Date"). It is our understanding that this report will be used by Mr. Leon Black for estate planning purposes. This report is an Appraisal Report as defined in Standards Rule 10 of The Appraisal Foundation's Uniform Standards
limited partnership interest (the "Interest") in Black Family Partners, LP ("BFP" or the "Partnership")
204.301 0.1% Due bun Naneetstrams 525.034.959 30 125.014.959 09% 0.e ecru AN rir titausnommi 17.471.003 SO 57.471.003 0 3% Da lam. Mundy. Cruse tin* TOTAL ASSETS SO ST 333 105 0 3% li L33 in 53 1 _ 7 1347•9 ill 6011 17907 410 617 ICC% LIABeffIES IL PARTNERS CAPITA; TOTAL LIABILITIE
P (U) Silver Mac Laptop labeled "lE BIG LAPTOP" "BLACK BAG" in black bag S/N: W89111772QT (U) Mac Deskt
New York, Ni(U) 1 SPICE 2014 Silver USB 1651 Digital 7/11/2019 16:28 (6515015 JIB Search Warrant Executed at 9 East list Street. New York NN(U) 1 Cruse Guide 32GB USB 1850 Digital 7/11/2019 16.28 16515014 (U) Search Warr ant Executed at 9 East 71st Street. New York. Nt (U) 1 Crozet Guide 32GB USS
c EXECUTIVE 3. Bernstein, Lisa EXECUTIVE 4. Black, Leon D It Moderate Risk lit Associated with Ot
lit Associated with Other Companies CHAIRMAN 5. Cogut. Pamela G lea Associated with Other Companies EXECUTIVE 6. Cohen, Andrew PARTNER 7. Cruse, Gerard F OWNER (01/01/2007 -12/312008) 8. Dalton, Patrick J PRESIDENT 9. Dulman. Wendy F ari Associated with Other Companies EXECUTIVE 10.
Entities connected to both Leon Black and Cruse

Jeffrey Epstein
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Prince Andrew
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Alan Dershowitz
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United States
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George W. Bush
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Ghislaine Maxwell
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Barry Diller
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Donald Trump
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Michael Cohen
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Julie K. Brown
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Joi Ito
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New York City
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Chris Tucker
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Mao Zedong
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Randy
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