From: Eileen Alexanderson < Sent: Monday, December 22, 2014 6:22 PM To: Jeffrey E. Subject: structure charts Attachments: doc03088320141222131306.pdf; doc03088520141222131737.pdf First attachment-first chart is original structure a= time of acquisition (please note former mgmt. team directors of Phaidon P=ess Ltd Board have been replaced with new management) &nbs=; &=bsp; Sec=nd chart reflects addition of Phaidon Global to accommodate investment in =egan Arts and LitKit outside Phaidon structure (LitKit is not active)=/o:p> &nbs=; &=bsp; Th=rd chart is structure we will have once Acquisition LLP, Topco, and Midco =re eliminated Second attachment —Artspace Let me know if you would like LLC agreements for any=or all. Eileen Alexander=on Elysium Management<=:p> 445 Park Avenue Suite 1401 New York NY 10022 Phone: Email: =/o:p> EFTA_R1_02151967 EFTA02716234