As of 11/30/15 Artspace LLC Governance Chart The Publishing Trust (NY) Trustees: Barry Cohen and John Hannan, 100% • PASI LLC (DE) Manager: Barry Cohen 100% AS Holdings Ltd. (Bermuda) Manager: PASI LLC I UUSr ARSP LLC (DE) Manager: Keith Fox I OW ; • Artspace LLC (DE) Formerly AS Acquisition LLC Manager: Keith Fox EFTA00605304