Mmultmolairume NYC-5UB PARTNERSHIP DECLARATION OF ESTIMATED UNINCORPORATED BUSINESS TAX For CALENDAR YEAR 2016 or FISCAL YEAR beginning Business name NEXT MANAGEMENT, LLC In Care of and ending 2016 Name rt Changel__J Business address (number and street) 15 WATTS STREET City and State NEW YORK, NY Business Telephone Number hp Code 10013 Taxpayers Email Address Addressn Change Country (if not US) Employer Identification Number 13-3495607 Signets Code Weber as per Federal Refute 812990 Panel Amount A. Payment Amount included with form - Make payable to: NYC Department of Finance A. 20,200. 1. Estimate of 2016 tax 1. 130,514. 2. Amount to be paid with this declaration (Payable to: NYC DEPARTMENT OF FINANCE) 2. 20,200. Signature of taxpayer: Date To receive proper credit, you must enter your correct Employer Identification Number on your declaration and remittance. DETACH ON DOTTED LINE & MAIL UPPER PORTION. RETAIN LOWER PORTION FOR YOUR RECORDS ESTIMATED TAX WORKSHEET • KEEP THIS PORTION FOR YOUR RECORDS • 1. Net income from business expected in 2016 (see instructions) 2. Exemption (see instructions) 2. 3. Line 1 less line 2 (estimated taxable business income) 3. 4. Tax - enter 4% of line 3 (see instructions) 5a. Business Tax Credit (I) (Check applicable box below and enter credit amount) Tax on line 4 is $3A00 or less. Your credit is the entire amount of tax on line 4. Tax on line 4 is $5.400 or over. No cretin is mowed. Enter Tr. Tax on line 4 is over $3.400 but less than $5.400, use formula for credit amount: Tax on line I x ($5,400 minus tax on line 4) 5b. O her credits (see instrucliont2/0O0 5c. Total credits (add lines 5a and 5b) 6. Estimated 2016 Unincorporated Business Tax (line 4 less line 5c) Enter here, on line 7b, and on line 1 of declaration above 5a. 5b. 7a. Partnership's 2015 COMPUTATION OF Un INSTALLMENT ncaporated Songless Tax 78.I 130,319. I7b. Estimate of 2016 tax from line 6. 7b. 130,514. - (,/) Check proper box below and enter amount indicated. Fiscal year taxpayers see mow:dons. 8. dthis declaration heron: on: , April 18, 2016. enter 1/4 of line 7b June 15. 2016. enter 1/3 of line 7b I. Sept. 15, 2016. enter 1/2 of line lb• • • • Jan. 15. 2017. enter amount of line 7b . . 18. 32,630. 9. Enter amount of overpayment on 2015 return which you elected to have applied as a credo against 2016 estimated tax 9. 22,537. 10. Amount to be paid with this declaration (line 8 less line 9) (Payable o: NYC DEPARTMENT OF FINANCE) . . . . 10. 20,200. Make remittance payable to the order of: NYC DEPARTMENT OF FINANCE Payment must be made In U.S. dollars, drawn on a U.S. bank. MAILING INSTRUCTIONS MAIL YOUR DECLARATION FORM TO: NYC DEPARTMENT OF FINANCE UNINCORPORATED BUSINESS TAX P. O. BOX 3923 NEW YO • NY 10008-3923 a 5036502.a* R66297 1606 200 EFTA00806607

Depatagololirume NYC-5UB PARTNERSHIP DECLARATION OF ESTIMATED UNINCORPORATED BUSINESS TAX For CALENDAR YEAR 2016 or FISCAL YEAR beginning and ending Business name NEXT MANAGEMENT, LLC In Care of 2016 Name rt Changel__J Business address (number and street) 15 WATTS STREET City and Sumo NEW YORK, NY Business Telephone Number hp Code 10013 Taxpayers Email Address Addressn Charge Country (if not US) Employer Identification Number 13-3495607 %Men Cede MAMA as Mt Fennel Return 812990 Pummel Amount A. Payment Amount included with form - Make payable to: NYC Department of Finance A. 20,200. 1. Estimate of 2016 tax 1. 130,514. 2. Amount to be paid with this declaration (Payable to: NYC DEPARTMENT OF FINANCE) 2. 20,200. Signature of taxpayel: Date To receive proper credit, you must enter your correct Employer Identification Number on your declaration and remittance. DETACH ON DOTTED LINE & MAIL UPPER PORTION. RETAIN LOWER PORTION FOR YOUR RECORDS ESTIMATED TAX WORKSHEET • KEEP THIS PORTION FOR YOUR RECORDS • 1. Net income from business expected in 2016 (see instructions) 2. Exemption (see instructions) 2. 3. Line 1 less line 2 (estimated taxable business income) 3. 4. Tax - enter 4% of line 3 (see instructions) 5a. Business Tax Credit (I) (Check applicable box below and enter credit amount) Tax on line 4 is $3A00 or less. Your credo is the entire amount of tax on line 4. Tax on line 4 is $5.400 or over. No cretin is Mowed. Enter Tr. Tax on line 4 is over $3.400 but less than $5.400, use formula for credit amount: Tax on line 4 x ($5,400 minus tax on line 4) 5b. O her credits (see instrucliont2).0O0 Sc. Total credits (add lines 5a and 5b) 6. Estimated 2016 Unincorporated Business Tax (line 4 less line 5c) Enter here, on line 7b, and on line 1 of declaration above 5a. 5b. 7a. Partnership's 2015 Un ncaporated Songless Tax 73.1 130,319. I7b. Estimate of 2016 tax from line 6. 7b. 130,514. COMPUTATION OF INSTALLMENT - (,/) Check proper box below and enter amount indicated. Fiscal year taxpayers see mow:dons. 8. dthis declaration heron: , April 18, 2016. enter 1/4 of line 7b June 15. 2016. enter 1/3 of line 7b Sept. 15, 2016. enter 1/2 of line lb• • • • Jan. 15.2017. enter amount of line 7h . . 18. 32,630. _X_ 9. Enter amount of overpayment on 2015 return which you elected to have applied as a credo against 2016 estimated tax 9. 22,537. 10. Amount to be paid with this declaration (line 8 less line 9) (Payable o: !WCDEPARTMENT OF FINANCE) 10. 20,200. Make remittance payable to the order of: NYC DEPARTMENT OF FINANCE Payment must be made In U.S. dollars, drawn on a U.S. bank. MAILING INSTRUCTIONS MAIL YOUR DECLARATION FORM TO: NYC DEPARTMENT OF FINANCE UNINCORPORATED BUSINESS TAX P. O. BOX 3923 NEW YO • NY 10008-3923 a 5036502.000 R66297 1606 201 EFTA00806608

Berdon LLP Certified Public Accountants 360 Madison Ave New York, NY 10017 212-832-0400 Next Management, LLC Instructions for Filing Form NYC-579-UBTP 2015 Signature Authorization for E-filed UBT Return for the year ended December 31. 2015 The original form should be signed (use full name) and dated by an authorized partner. The signed form should be returned on or before October 17, 2016 via: Email (preferred method) efileipherdonUp com Fax 212.699.8832 Mail Berdon LLP Attn: Tax Control 360 Madison Avenue, 6th Floor New York, NY 10017 We must receive your signed Form NYC-579-UBTP before we can electronically transmit your return. The return shows a $90,148 overpayment. Of this amount, $90,148 will be applied to your 2016 estimated tax. DO NOT separately file your tax return with the state. Doing so will delay the processing of your return. The state will notify us when your return is accepted. Your return is not considered filed until the state confirms their acceptance. which may occur after the due date of your return. EFTA00806609

NYC --- NYC 579-UBTP NEW YORK CITY DEPARTMENT OF FINANCE 2015 Signature Authorization for E-Filed Unincorporated Business Tax Return for Partnerships ELECTRONIC RETURN ORIGINATORS LEGAL NAME OF PARTNERSHIP: NEXT MANAGEMENT, LLC EMAIL ADDRESS: ERO): DO NOT MAIL THIS FORM TO THE DEPARTMENT OF FINANCE. KEEP THIS FOR YOUR RECORDS. EMPLOYER IDENTIFICATION NUMBER 13-3495637 TYPE OF FORM: NYC-EXT H NYC-5UB NYC-204 NYC-204EZ Financial Institution Information - must be Included it electronic payment Is authorized AMOUNT OF AUTHORIZED DEBIT: FINANCIAL INSTITUTION ROUTING NUMBER: FINANCIAL INSTITUTION ACCOUNT NUMBER: Part A - Declaration and authorization of Partner or limited liability company member manager Under penalty of perjury. I declare that I am the general partner or limited liability company manager of the taxpayer and that I have examned the information on its 2015 New York City electronically filed Unincorporated Business Tax return. including any accompanying schedules. attachments and statements or other report and to the best of my know- edge and belief. the electronically filed document is true. correct and complete. The ERO has my consent to send the 2015 New York City electron leafy filed Unincorporated Business Tax return or other report checked above to the New York City Department of Finance through the Internal Revenue Service. I authorize the ERO to enter my PIN as my signature on the 2015 New York City electronically filed Unincorporated Easiness Tax return or other report. as indicated above &twill enter my PIN as my signature on the document indicated above. If I am paying the New York City Unincorporated Business Tax owed by electronic funds withdrawal. I authorize the New York City De- partmereof Finance and its designated financial agents to initiatean electronic fundswithdrawal from the financial institution account indicated on the Partnership's electronically filed the Unincorporated Business Tax return or other report. and I authorize the financial institution to debt the amount from that account. E I authorize BERDON LLP to enter my PIN • ERO FIRM NAME as my signature on the electronically filed 2015 Unincorporated Business Tax return or other report, as incricated above K As a general partner or limited liability company member manager. I will enter my PIN as my signature on the electronically filed 2015 Unincorpo- rated Business Tax return or other report, as indicated above. PRES OF MEMBER-MGR Signature of General Partner or Limited Liability Company Member Manager Official title 26689 Date Part B - Declaration of electronic return originator (ERO) and paid preparer Under penalty of perjury. I declare that the information contained in the above-named pannership's or limited liability company's 2015 New York City electronically tiled Unincorporated Business Tax return or other report. as indicated above. is the information furnished to me by the taxpayer. If the taxpayer furnished me with a completed 2015 New York City paper Unincorporated Business Tax return or other report signed by a paid preparer. I declare that the information contained in the electronically filed Unincorporated Business Tax return or other report is identical to that contained in the paper return. If I am the paid preparer. under penalty of perjury I declare that I have examined this electronically filed 2015 Unincorporated Goalless Tax Return or other report. and to the best of my knowledge and belief. the return or other report is true. correct and complete. I have based this declaration on all the information available to me. ERO EFINIPIN: Enter your six-digit EFIN followed by your live digit PIN. ERO's Signature Paid Preparers Signature MARC YATKOWSKY Print Name 26377413048 MARC YATKOWSKY Print Name Date Date PURPOSE - A completed Form NYC-579-UBTP provides documental on that an ERO has been authorized to electronically file an Unincorporated Business Tax Return or other report foe a taxpayer. The general partner or limited liability company manager of the taxpayer may designate the ERO to electronically sign the return or report by entering the personal identification number (PIN). The torn also authorizes payment of tax due on an electronically submitted return or report by an automatic clearing house (ACH) debit from a designated checking or saving account of the partnership. You cannot revoke this authorization. GENERAL INSTRUCTIONS Part A- Part A must be completed by the general partner or limited liability company manager of the taxpayer before the ERO transmits the electronically filed Form NYC-204 (Unincorporated Rosiness Tax Return for Parinershps. including Limited Liability Companies): NYC-204E2 (Unincorporated Business Tax Return for Partnerships. includng Limted Liability Companies EZ Form): NYC-EXT (Application for 6-Month Extension to File Business Income Tax Return): or NYC-5(1B (Declaration of Estimated Unincorporated Business Tax for Partnerships). EROsipald preparers must complete Part 8 prior to transmitting electronically filed unincorporated business tax returns or reports (Forms NYC-204. NYC-204E2. NYC- EXT or NYC-SUB). Both the paid tamperer and the ERO are required to sign Part B. However. II an indivolual performs as both the pad preparer and the ERO. he or she is only required to sign as the paid preparer. Ito not necessary to include the ERO signature in this case. Do not mail Form NYC-579-UBTP to the Department of France. The EROsrpaid preparers must keep the completed Form NYC-579.UBTP for three years from the due dale of the return or report or the date the return or report was filed. whichever is later. and must present it to the Department of Finance upon request. 5O3653 t. 000 R66297 1608 NYC-579.UBTP 2015 197 EFTA00806610

NYC-204 y Single member Lles using SSN as their primary identifier must use Form NYC-202 UNINCORPORATED BUSINESS TAX RETURN 2015 FOR PARTNERSHIPS (INCLUDING LIMITED LIABILITY COMPANIES) For CALENDAR YEAR 20150r FISCAL YEAR begillelkl Name NEXT MANAGEMENT, LLC In Cared Name Change Address (number and SIMI) 15 WATTS STREET City and Stale NEW YORK, NY Business Telephone Nurnbct Zp Code 10013 Address Criange County fil net US) Date bosoms began n NYC 01-04-89 Date tosness ended in NYC Entity Type: general pa - Amended return 2015, end ending TAXPAYERS EWUL ADDRESS Elkes1.0YER IDENTIFICATION NUNGER 13-3495607 BUSNESS CODE NUMBER AS PER FEDERAL RETURN 812990 ip registered lensed fabldy partn limited partners,* II tee purpose of tee amended return ts to report a lecleial or ONO Change. check the aPPICOMN box - Final return • ceased eperabons - Engaged in a fullyexempt unincorpaoted business suety - Claim any 9I11,01.related federal lax benefits (see IOSONCIIVISI limited habely company - IRS change Date cd Final — NTS dung° Determination Federal Return filed: X 1060 10604 - Engaged in a partiallyexempt unincorporated busmocs =tray Enter 2.charaMm special condition code. if apphcable (see instructions) SCHEDULE A Computation of Tax A. Payment 1. 2. 3a. 3b. 4. BEON wmiSCH5XIIE BON FADE 3. COMPLETE ALL OTHER SCIEDULES. TRANSFERAPPLICABLE PA1OUNTS TO SCHEDULE A Payment Awoke Amount being paid electronically with this return A. Business income (from page 3. Schedule B, 31) 1. Business allocation percentage from Schedule E. line 5. (if not allocating, enter 100%) 2. If line 2 is less than 100%. enter income or loss on NYC real property (see instructions) 3a. Enter allocated business income, or subtract business loss, from other partnerships (see instructions). 3b. Balance (line 1 less line 3a) 4. 5. Multiply line 4 by the business allocation percentage from line 2 5. 6. Total of lines 3a and 3b. (see instructions) 6. 7a. Investment income (from page 3. Schedule B, hne 30) 7a. 7b. Add allocated investment income, or subtract investment loss. from other partnerships (see ins(t) 7b. 8. Investment allocation percentage (TAP) (from page 4. Schedule D. line 2) 9. Multiply line 7a by the IAP from line 8. Add the amount on hne 7b. (see instructions) 5,512,248. 65.79 % 8 5,512,248. 3,626,508. 10. Total before NOL deduction (See instructions) 11. Deduct NYC net operating loss deduction (from Form NYCNOLD-UBTP. hne 11) (see instructions) 12. Balance before allowance for active partners' services (line 10 less line 11) 13. Less: allowance for active partners' services (it line 12 is a loss. enter "0') (see instructions) Number of active partners claimed 14. Balance before specilic exemption (line 12 less line 13) 15. Less: specific exemption (see instructions and attach schedule) (if line 12 is a loss, enter '0") 16. Taxable income (line 14 less line 15) 17. Tax before business tax credit (4% of amount on line 16) 18. Less: business tax credit (select the applicable credit condition from the sch. on page 2 and enter amount) (see instructions) 18. 19. Total tax before Unincorporated Business Tax paid credit (line 17 less line 18) (see instructions) 19. 20. Less: Ur Paid Credit (from Schedule A. line 3 of attached Form NYC-114.7) (see instructions) 20. 21. UNINCORPORATED BUSINESS TAY (line 19 less line 20) (If the balance is less than '0% enter "0) (see kW.) 21. • 3 9. 10. 11. 12. 13. 14. 15. 16. 17. 3,626,508. 3,626,508. 30,000. 3,596,508. 5,000. 3,591,508. 143,660. 143,660. 13,341. 130,319. 60411510 TIM RETURN MUST BE SIGNED, (SEE PAGE 6 FOR SIGNATURE BOX AND MAILING INSTRUCTIONS) NYC-204 • EMS 10 S036611.000 EFTA00806611

Form NYC-204 -2015 Page 2 Name NEXT MANAGEMENT, LLC EMI 13-3495607 SCHEDULE A Computation of Tax - Continued 22a. Credits from Form NYC-114.5 (attach form) (see instructions) 22a. 22b. Credits from Form NYC-114.6 (attach form) (see instructions) 22b. 22e. Credits from Form NYC•114.8 (attach form) (see instructions) 220. 22d. Credits from Form NYC-114.10 (attach form) (see instructions) 22d. 23. Net tax alter credits (line 21 less sum of lines 22a, 22b. 22c and 22d) 24. Payment of estimated tax. including credit from preceding year and payment with e NYC-EXT (see irlSfr.) 25. II line 23 is larger than line 24. enter balance due 28. II line 23 is smaller than line 24. enter overpayment 27a. Interest (see instructions) 27a. 27b. Additional charges (see instructions) 27b. 27e. 27e. Penally for underpayment of estimated tax (attach Form NYC-221) 28. Total of lines 27a. 27b aid 27c 29. Net overpayment (line 26 less line 28) (see instructions) 30. Amount of line 29 to be: (a) Refunded • Direct deposit - fill out line 30c OR Paper check (b) Credited to 2016 estimated taxon Form NYC•5UB 30e RotAbig Ammo. NwOw NwOw 31. TOTAL REMITTANCE DUE (see instructions) 32. NYC rent deducted on lederal tax return or NYC rent from Schedule E. Part 1. (THIS LINE MUST BE COMPLETED) 33. Gross receipts or sales from federal return 34. Total assets from federal return. Business Tax Credit Computation I 130,319. elision, 23. 24. 2 20, 4 67. 25. 28 90, 1 4 8. 28. 29. 90, 1 4 8. 30a. 30b. 90, 1 4 8. ACCOUNT TYPE Chocking — Sings_ 31. 32. 596,104. 33. 20,059,894. 34. 16, 760, 866. 1. II the amount on page 1, line 17, is $3.400 or less, your credit on line 18 is the entire amount of tax on line 17. (NO TAX WILL BE DUE) 2. II the amount on page 1, line 17, is $5.400 or over. no credit is allowed. Enter '0" on line 18. 3. II the amount on page 1, line 17, is over $3.400 but less than $5.400. your credit is computed by the following formula: tax on page 1. line 17X (0,400 minus tax on line 17 ) _ = your credit $2,000 Payments of Estimated Tax Computation PREPAYMENTS CLAIMED ON SCHEDULE A, UNE 24 DATE AMOUNT A. Payment with declaration. Form NYC-5UB (1) B. Payment with Notice of Estimated Tax Due (2) , , , , C. Payment with Notice of Estimated Tax Due (3) . . . . D. Payment with Notice of Estimated Tax Due (4) , , , , E Payment with (Mansion. Form NYC-EXT F. Overpayment credited from practicing year a TOTAL of A through F. (Enter on Schedule A. Ine 24) . 06-18 —15 25,000. 09-01 -15 86,250. 01-15 —16 28,750. 04-14 —16 40, 000. 40, 4 67. 22 0, 4 67. 60421510 S038651.000 10 EFTA00806612

Form NYC-204 -2015 Page 3 Name NEXT MANAGEMENT, LLC EIN 13-3495607 SCHEDULE B Computation of Total Income Part 1 Items of income, gain, loss or deduction 1. Ordinary income (loss) from federal Form 1065, line 22 or 1065-B, Pad I, line 25 (see instr.) 1. 2,415,902. 2. Net income (loss) from all rental real estate activity not included in Form 1065, line 22 or 1065-B, Part I, line 25 but included on federal Schedule K 2. 3. All portfolio income such as interest. dividends. royalties, annuity income and gain (lose) on the disposition of prcpeny not Included In Form 1065. line 22 or 1065.8. Part I. Ine 25. but included on lederal Sch. K (attach sch. of ell port loNc. income). 3. 17,910. 4. Guaranteed payments to partners from federal Schedule K (see instructions) 4. 5. Payments to current and retired partners Included in other deductions from federal Form 1065. line 20 or 1065.8. Part I. line 23 5. 6. Other income not included in Form 1065. line 22 or 1065-B. Part I. line 25. but included on federal Sch. K wpm ech co otter inxmo 6. 7. Charitable contributions from federal Schedule K 7. 103,335. 8. °Met deductions included in Form 1065. fine 22 cr 10654. Peril. Me 25 end Pal Me 13. but nol allowed Ice VDT rettecneched) pee Mst) . 8. 9. Other income and expenses not included above that are required to be reported separately to partners (attach schedule) (see instructions) SEE STATEMENT 1 9. -191,194. 10. Total federal income (combine lines 1 through 9, do not include line 7) 10. 2,242,618. 11. Subtract net income or gain (or add net loss) from rental, sale or exchange of real property situated outside NYC if included in line 10 above (attach schedule) (see instructions) 11. 12. Total income before New York City modifications (combine line 10 and line 11) 12. 2,242,618. Part 2 New York City modifications (see instructions for Schedule a part 2) ADDITIONS ON OR SSN 13. All Income taxes and Unincorporated Business Taxes 13. 14. (a) Relocation credts 14a. (b) Expenses related to exempt income 14b. (C) Depreciation adjustments (see Nutt and anech Form NYC-399 end/or NYC-3992) 14c. (d) Exempt Activities 14d. 15. Other additions (attach schedules) (see instructions) 15. 16. Total additions (add lines 13 through 15) 16 PARTNER A PARTNERS PARTNER C TOTAL 13-3508513 13-3501977 13-3682060 74,659. 55,107. 47,995. 13. 177, 761. 14a. 14b. 45,273. 33,415. 29,104. 14c. 107,792. 14d. 1,324,625. 977, 699. 851, 545. 15. 3,153,869. 1,444,557. 1,066,221. 928,644. 16. 3,439,422. SUBTRACTIONS PARTNER A PARTNERS PARTNER C TOTAL 17. All income tax and Unincorporated Business Tax refunds (included in part 1) 17. 17. 18. Wages and salaries subject to federal jobs credit (attach federal Form 5884) 18. 18. 19. Depreciation adjustment (see instr. and attach Form NYC-399 and/or NYC-3992) 19. 25,190. 18,594. 16,193. 19. 59,977. 20. Exempt Income (included in part 1. line 10) (see mstc) 20. 20. 21. 50% of dividends (see instructions) 21. 21. 22. Exempt Activities 22 22. 23. Other subtractions (attach schedule)(see Man/coons). 2,722. 2,008. 1,750. 23. 6,480. 24. Total subtractions (add lines 17 through 23). . 24. 27,912. 20,602. 17,943. 24. 66,457. 25. Combine lines 16 and 24 (total) 25. 3,372,965. 26. Total income (combine lines 12 and 25) 26. 5,615,583. 27. Less: Charitable contributions (not to exceed line 7, or 5% of line 26. whichever is less) 27. 103,335. 28 28. Balance (line 26 less line 27) 5,512,248. 29. Investment income - (complete lines a through g below) (see instructions) Dividends from held for investment 29a. (a) stocks (b) Interest from investment capital (include non-exempt governmental obligations) (Remise on rider) 29b. (c) Net capital gain (loss) from sales or exchanges of securities held for Investment . . . . 29c. line 3 of Schedule D 29d. (d) Income from assets included on Add lines 29a through 29d inclusive 29e. (e) ft) Deductions directly or indirectly attributable to investment income 29f. (9) Interest on bank accounts included in income reported 29g. on line 29d 30. Investment income 29e less line 29f) (enter on page 1, Sch. A, line 7a) . . . 30. (line 31. Business income (line 28 less line 30) (enter here and transfer this amount to page 1. Sch. A. line I.) 31. 5,512,248. 60431510 503662 1.000 R66297 1608 202 10 EFTA00806613

Form NYC-204 - 2015 Page 4 Name NEXT MANAGEMENT, LLC EIN 13-3495607 SCHEDULE C I Partnership Information - THIS SCHEDULE MUST BE COMETED FOR PORTNERSHPS TO CLAIM ALLOWANCE FOR RYMER'S SERVCES AND FOR PARTERS TO CLAIM THE WI PAO CREDIT ON THEP LOT OCT BCT OR PIT RETURNS le. How many partners are in this partnership/ PP. 3 P. Number of active partners ► 3 Please provide the following information: Full Name and Address, Employer Identification Number or Social Security Number, check Yes or No if individual partner is a resident of NYC, enter type of partner (C if Corporation, S if S Corporation, I if Individual, P if Partnership, LLP or LLC, Off Other), check the appropriate box if partner is a general or a limited partner. A B C 0 E F a H I Name and Zip Code Olalthin USA) Name and Country (if outside of USA) Interest % Pcycentago °I Inc Dewed to Eluanoss Is htholual Pan"' a Resent a NYC? ( i ) Farina Type Purina I a/I Employer Identification Numb& of Social Security timber Pannots DisInbutim Share (see instr.) ParaMIS04,04 ClIstributerto Share (see 6601 YES NO at HINTED (a) % % % lb) SEE STATEMENT 2 % % (C) % % (d) % (e) % TOTALS: 100% SCHEDULE D (_Investment Capital and Allocation and Cash Election A DESCRIPTION OF INVESTMENT B No el Shares or Amount al Securities C Average Value D Liabilities Attributable to Invest- ment Carmel E Net Average Value (column C rams Sumo DI F Issuers Allocation Percentage G Value Allocated to NYC (column E X column F) LIST EACH STOCK AND SECURITY (USE RIDER IF NECESSARY) % 1. Totals (Including Items on rider) Ilio. 2. Investment allocation percentage pine f0 chided 3. cash - (To treat cash as Investment capital, you must Include It on this line.) 4. Investment capital. Total of Mete and 3e by line I E. Round le to the nearest one hundredth of a percentage point) 2. % le• ATTACH FEDERAL FORM 1065 OR 1065-B AND ALL ACCOMPANYING SCHEDULES INCLUDING THE INDIVIDUAL K-1s 60441510 503663 1.000 R66297 1608 203 10 EFTA00806614

Form NYC-204 - 2015 Page 5 Name NEXT MANAGEMENT, LLC ALLOCA77ON I ALLOCATION OF BUSINESS INCOME I EIN 13-3495607 NONALLOCATION Taxpayers who allocate income outside the City: I Taxpayers who do not allocate business income: - complete Schedule E Parts 1.2 and 3 (below) end - omit Schedule E. Parts 1 and 2 (below) • Enter percentage rounded to the nexest ono hindredth *lemma *pane on ached. A One 2 - enter 100% on Schedule E. Part 3. line 5 and 100% on Schedule A. line 2 LSCHEDULE E I Complete this schedule it business Is carried on both inside and outside New York City I Part 1 List location of each place of business INSIDE New York City, nature of activities at each location (manufacturing. sales dike, executive office. public warehouse, contractor. converter, etc.), and number of employees. their wages, salaries and duties at each location. Complete Address Rent Nature of Actmlies No. cl Employees Wars. Salanes. Etc. Oulias NJA3111MOISCIT 15 WATTS ST. NY, NY Cl., NEW YORK SUR MY 10011 552,009. MODEL AGENCY 53 8,376,027. BOOKING & AD NAOCAMOSTOCCT 15 WATTS ST. —TKO TWELVE M Cr, NEW YORK ,at APP :matt Inert re MY I 10011 Cr, curt ID 44,095. PUBLIC RELATIONS 2 80,496. BOOKING & AD wAocewo:nect Cr( Total rAn IID Part 2 List location of each place of public warehouse, contractor, CWW.MOAMMSS NJOLCIAPOSMCIT 1688 MERIDIAN AVE cm MIAMI NJAZIAMO.r4tT SAW FL 212 31101 840 WILSHIRE BLVD. Cm BEVERLY HILLS cRR CA 2.2 90210 NJAZIAMO .r4tT cry cnn 2P NJAIRMD.WIT COY SUR 2P Total 596,104. 55 8,456,523. usiness OUTSIDE New York City, nature of activities at each location (manufacturing, sales o lice, executive office, onverter, etc.), and number of employees, their wages, salaries and duties at each location. Flan, Nature el ACIWII06 No. of Employees WC*. SSA* Elc Doles 111,862. OFFICE 9 988,189. BOOKING & AD 100,455. OFFICE 20 1,927,516. BOOKING & AD 212,317. 29 2,915,705. Part 3 I Formula Basis Allocation of Income I DESCRIPTION OF ITEMS USED AS FACTORS COLUMN A- NEW YORK CITY COLUMNS-EVERYWHERE COLUMN C 1. Average value of the real and tangible personal properly of the business (see Usti) a Business real properly owned 1a b. Business real properlyrented from others (rent x 8) lb. Business PERCENTAGE IN NEW YORK CITY (COLUMN A MOO BY COLUMN 8) 4,768,832. 6,467,368. 168,776. 194,521. e. tangible personal properly owned 1c. d. auuwinpmiu, wizen.' Fenny MOS (ran wen ass .0> Id. 4,937,608. 6,661,889. 74.1172 % e. Total of lines to-Id le. 741.1720 1. Multiply Column C of line le by 10 If 2a. Wages. :alarms and other personal sante 8,456,522. I 11,372,227. 74.3612 % compensalson pad to employees dreg the year . . 2a. 743.6120 2b. Multiply Column C of line 2a by 10 2b 13,400,728. 21,043,361. 63.6815 % Sa. Gross sales of merchandse or charges for services during the year 3a 3b. Multiply Column C of line 3a by 80 SD 5094.5200 Weighted FactotAllocation ea is missing. etvole line 4a by the total of the Round to the nearest one hundredth of a percentage point . . . Ob. 6579.3040 Oa. Add Column C. lines If. 2b and 3b 65.79 % Ob. Divide line 4a by 100 if no factors are missing. If abider weights of the factors present. Enter as percentage. A. Ye 2. See Instructions 5 1 AND 2 LOCATED IN A PARTNERS HOME? OF AN OFFICE IN A PARTNER'S HOME? 65.79 % Business ANocation Percentoge S. Enter percentage from line 4b. Transfer to page 1. Schedule 6. IS ANY PLACE OF BUSINESS LISTED IN PARTS 7. DID YOU CLAIM A DEDUCTION FOR EXPENSES YES X NO YES X NO ATTACH FEDERAL FORM 1065 OR 1065-B AND ALL ACCOMPANYING SCHEDULES INCLUDING THE INDIVIDUAL K-11 60451510 10 503664 1.000 R66297 1608 204 EFTA00806615

Form NYC-204 -2015 Page 6 Name NEXT MANAGEMENT, LLC SCHEDULE F EIN 13-3495607 If you are taking a Net Operating Loss Deduction this year, please attach Form NYC-NOLD-UBTP. If you have a loss on Page 1, Line 10 which you are carrying forward, please attach Form NYC-NOLD-UBTP and enter that value on Line 6. The following information must be entered for this return to be complete SCHEDULE G 1. Nature of business or profession. MODELING AGENCY 2. New York State Sales Tax ID Number: 3. Did you file a New York City Partnership Return for the following years:. . .2013: x YES - NO 2014: X YES _ NO If "NO,' state reason: 4. If business terminated during the current taxable year, state date terminated. (mm-dd-w) (Attach a statement showing disposition of business property.) 5. Has the Internal Revenue Service or the New York State Department of Taxation and Finance increased or decreased any taxable income reported in any tax period, or are you currently being audited/ YES x NO If "YES", by whom? . . Internal Revenue Semite State period(s): Beg.: End.: um.ODYY ktIAODYY New York State Department of Taxabon and Finance State period(s): Beg.: End.: IAA ODYY ktIA OD YY 6. Has Form NYC-115 (Report of Federal/State Change in Taxable Income) been filed? YES .)_.0 NO 7. Did you calculate a depreciation deduction by the application of the federal Accelerated C051 Recovery System (ACRS)? (seeMstr.) YES X NO 8. Were you a participant in a "Safe Harbor Leasing' transaction during the period covered by this return/ YES .?( NO 9. At any time during the taxable year, did the partnership have an interest in real property (including a leasehold interest) located in NYC or in an entity owning such real property/ X YES - NO 10. If "YES" to 9: a) Attach a schedule of the property. indicating the nature of the interest and including the street address. borough, block and lot number. b) Was any NYC real property (including a leasehold interest) or interest in an entity owning NYC real property, acquired or transferred with or without consideration/ YES X NO c) Was there a partial or complete liquidation of the partnership? YES X NO d) Was 50% or more of the partnership ownership transferred during the tax year. over a three-year period, or according to a plan? YES X NO 11. If 'YES" to 10b, 10c or 10d, was a Real Property Transfer Tax Return filed? YES _ NO 12. If 'NO" to 11, explain: 13. Does this taxpayer pay rent greater than $200,000 for any premises in NYC in the borough of Manhattan south of 96th Street for the purpose of carrying on any trade, business, profession, vocation or commercial activity/ X YES _ NO 14. If 'YES', were all required Commercial Rent Tax Returns Ned? X YES — NO Please enter Employer Identification Number which was used on the Commercial Rent Tax Return. CERTIFICATION 60461510 503666 2.000 I Malay canny Vol Oils town. incbtdava ant OcaamPsnOn0 Ma. ink. en Mal or not inanana0. WOW. lea carnal Inn coal:ant I oulhoilt• be on.....eet a mire. to disonis Me return the In*PaW wtd Wk., 04. InouNbnq YES X Signature of taxpayer: Preparers Preparers signature: emits name: MARC YATKOWSKY BERDON LLP 360 MADISON AVE NEW YORK, NY 10017 Firm's name A Address A hp Code Title: PRES OF MEMBE Dale: Dale: ISACONY Am.'s Email Address: Prewar. Social Security Number or Pliti P00002675 Rims Employer Identification Number Check if 13-0485070 sea-employed MAILING INSTRUCTIONS Attach federal form 1065 or 1065-B and all accompanying schedules Including the Individual K-Is Make remittance payable to the order of NYC DEPARTMENT OF FINANCE. Payment must be made In U.S. dollars and drawn on a U.S. bank. To receive proper credit you must enter your correct Employer Identification Number on your tax return and remittance. The due date for the calendar year 2015 return Is on or before Apr1118, 20 6. For fiscal years beginning in 2015, file on or before the 15th day of the fourth month following the close of the fiscal year. ALL RETURNS EXCEPT REFUND RETURNS NYC DEPARTMENT OF FINANCE UMNOORPORATED BUSINESS TAX M. sox 6564 BINGHAMTON. NY 13902-5564 REMITTANCES PAY ONLINE WITH FORM NYC-200V AT NYC.GOWESERVICES OR Mail Payment and Form NYC-200V ONLY to: NYC DEPARTMENT OF FINANCE . BOX 3646 NEW YORK. NY 10008-3646 RETURNS CLAIMING REFUNDS NYC DEPARTMENT OF FINANCE UNINCORPORATED BUSINESS TAX Box 5563 BINGHAMTON, NY 13002-556.5 R66297 1608 205 10 EFTA00806616

NYC-114.7 Chp.Invorti of Fttencr UBT PAID CREDIT 2015 UNINCORPORATED BUSINESS TAXPAYERS ATTACH TO FORM NYC-204 For CALENDAR YEAR 2015 or FISCAL YEAR beginning 2015 and ending • Pnnt or Type name as shonn on Form NYC-204 NEXT MANAGEMENT, LW V EMPLOYER IDENTIFICATION NUMBER 13-3495607 SCHEDULE A la. Add total of amounts from Schedule B, line 9, for aN partnerships with respect to which you are claiming a credit (see instructions) la lb. Enter amount from Schedule D, line 9 lb. lc. Total of lines 1a and 1b lc. 2. Enter amount from Form NYC-204, Schedule A, line 19 2 3. UBT PAID CREDIT - Enter the lesser of line lc and line 2 and transfer amount to Form NYC-204, Schedule A, line 20. 3 13,341. 13,341. 143,660. 13,341. SCHEDULE B A separate Schedule B must be completed for each partnership with respect to which you are claiming this credit. Name of partnership from %Mich you received a distributive share or guaranteed payment (distributing partnership): TWO TWELVE MANAGEMENT, LLC EMPLOYER IDEN11FICA11ON NUMBER OF DISTRIBUTING PARTNERSHIP 20-1354409 1. Unincorporated business tax paid by distributing partnership (from Its Form NYC-204. Schedule A. line 23) 1. 2. Credits taken by distributing partnership on its own return (from its Form NYC-204, Schedule A, line 20 and lines 22a through 22d) (see instructions) 2. 3. Total of lines 1 and 2 3. 4. 5. 6. 7. 8. 9. 27,807. 27,807. Your distributive share percentage with respect to the distributing partnership (see instructions) • • 4. 47.977956 Multiply line 3 by the percentage on line 4 5. 13,341. Tax from Form NYC-204, Schedule A, line 17. modified if necessary (see instructions) 6. 143,660. Tax from pro forma Form NYC-204, Schedule A, line 17 (see instructions) STMT 6 7. 129,839. Subtract line 7 from line 6 8. 13,821. Enter lesser of line 5 and line 8 here 9. 13,341. COMPLETE SCHEDULES C AND D IF YOU HAVE UBT PAID CREDITS FROM PRECEDING YEARS THAT YOU MAY CARRY FORWARD TO 2015 SCHEDULE C current year percentage • • lb current year pe centage • • 2b. current year pe centage • • 3b. current year pe centage • • 4b. current year pe centage • • 5b. current year pe centage • • 6b. current year pe centage • • 7b. 1. 7th preceding year percentage . . .1a. 2. 6th preceding year percentage . . .2a. 3. 5th preceding year percentage . . .3a. 4. 4th preceding year percentage . . .4a. 5. 3rd preceding year percentage . . .5a. 6 2nd preceding year percentage . . .6a. 7. 1st preceding year percentage . . .7a. SCHEDULE D (see Instructions) APPLICABLE YEAR COLUMN A Credit Available in 2015 COLUMN B COLUMN C Gabs Perccolatie COLUMN D COLUMN E Credit to 2016 Column A Mous Column 13 (II loss du" we. enter IV) 1 Currentyear 13,341. 143,660. NA NA 2. 7th preceding year 130,319. 3. 6th preceding year 130,319. 4. 5th preceding year 130,319. 5. 4th preceding year 130,319. 6. 3rd preceding year 130,319. 7. 2nd preceding year 130,319. 8. 1St preceding year 130,319. 9. Total Column 0, lines 2 through 8 (enter on Schedule A. line lb) 9. NYC4Ia.p 2015 61111510 206 10 EFTA00806617

Nycn7,399Z DEPRECIATION ADJUSTMENTS FOR CERTAIN POST 9/10/01 PROPERTY For CALENDAR YEAR 2015 or FISCAL YEAR beginning Name (Print or Type) NEXT MANAGEMENT, LLC and ending A Federal Form 4562 must accompany this form. • This schedule must be attached to your applicable New York City tax return. See instructions. • Use Schedule A2 to report modifications to the deductions for certain sport utility vehicles, not Schedule Al. See instructions. EMPLOYER ICENTIRCATION NUMBER 13-3495607 OR SOCIAL SECURITY MJMBER SCHEDULE Al Computation of allowable New York City depreciation for current year I Attach rider If necessary A Descnption of Property B Class of Property C Date Placed in Service mrn-ddly D Cost Or Other Baps E Accumulated NYC Depreciator, Taken an Prior Years F Federal Depreciation G Method of Fvudng Met Wrocoban H Lite or Rate I Allowable New York City Deprecation STMT 7 is. Total columns D. E. F. and I 556, 187. 130,598. 107, 792. 69,977. Enter total of columns F and I on line 4 and line 5 of Schedule C below. (Sae instructions on back.) SCHEDULE A2 Computation of NYC deductions for current year for sport utility vehicles t Attach rider if necessary A Description of Property 8 Class of Property C Date Placed in Service: mm4d.yy D Cost or Other Basis E Accumulated NYC Deductions Taken in Prior Years F Federal Depreciation and Section 179 Deductions G 1.1othod of Figurine tAt Deprecator H Life or Rale I Total Allowable New Yak Ctty Deductions lb. Total columns D. E. F. and I MCMI-2O15 00811510 We367S 1.000 R66297 1608 207 10 EFTA00806618

Form NYC-399Z Page 2 SCHEDULE B Disposition adjustment I Attach rider If necessary For each Item of property listed below, determine the difference between federal and New York City deductions used in the computation of federal and New York City taxable income in prior yea's. • If federal deduction exceeds New York City deduction. subtract column E from column 0 and enter in column F. A II New York City deduction exceeds federal, subtract column I) from column E and enter in column G. A Description of Property B Class of Property (SCRS) C Date Placed in Service: m-del-yy D Total Federal Depreciation Taken E Total NYC Depreciation Taken F Adjustment (0 minus E) G Adjustment (E anus 0) 2. Total excess federal deductions over NYC deductions (see instructions) 3. Total excess NYC deductions over federal deductions (see instructions) SCHEDULE C Computation of adjustments to New York City income A. Federal B. New York City 4. Enter amount from Schedule Al. line l a. column F 4. 5. Enter amount from Schedule Al. line la. column I 6 6a. Enter amount from Schedule A2. line lb, Column F Ba 6b. Enter amount from Schedule A2. line lb, Column I OM is. Enter amount from Schedule B. line 2 la 7b. Enter amount from Schedule B. line 3 7b 107,792. 59,977. 107,792. 59,977. 8. Totals: column A. Ines 4, 66 md 7b: column tines S. se and 7a . . 8. Enter the amount on line 8. column A. as an addition and the amount on line 8. column B. as a deduction on the applicable New York City return. (See Instr.) GENERAL INFORMATION NOTE At the time of the drafting of these instructions, bonus depreciation provisions under section 168(k) of the Internal Revenue Code had expired for all property except for those provisions applicable to certain long- lived and transportation property. Check the De- partment of Finance website for any updates on federal legislation affecting depreciation. The Job Creation and Worker Assistance Act of 2002, P.L 107.147, (the "Act") allows taxpayers an additional 30 percent depreciation deduction in the first year "qual- if ied property is placed in service. The Act allows a simlar additional 30 percent first-year depreciation de- duction for "qualified New York Liberty Zone property" and allows "qualified New York Liberty Zone leasehold improvements" to be depreciated over a five-year period 00621510 SY3676 1.000 R66297 1608 using a straight-line method. The Act also allows an ad- ditional first-year expense deduction of up to $35,000 for "qualified New Yodt Liberty Zone property" under RC §179 in addition to the otherwise allowable deduction. The Jobs and Growth Tax Relief Reconciliation Act of 2003, P.L 108.27, (the "2003 Act") increased the first year federal depreciation deduction for certain qualified property to 50%. The New York Liberty Zone generally encompasses an area of the borough of Manhattan below Canal Street. 'Qualified property' (as defined in IRC §168(k)(2)) gen- erally includes certain personal property acquired after September 10, 2001 and before January 1, 2005 and placed in service after September 10, 2001 and before January 1, 2005 or 2006 in certain circumstances. i The 2003 Act modified the definition of qualified property" to provide that to qualify for the 50% deduction, the property must be acquired after May 5, 2003 and before 10 208 EFTA00806619

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC-204 SUPPORTING STATEMENTS PORTFOLIO INCOME INTEREST INCOME 17,910. TOTAL PORTFOLIO INCOME 17,910. OTHER DISTRIBUTABLE ITEMS LESS: SECTION 179 EXPENSE DEDUCTION 191,194. TOTAL OTHER DISTRIBUTABLE ITEMS -191,194. ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES NYC UNICORPORATED BUSINESS TAX 152,391. NYC UBT TWO TWELVE 24,570. CALIFORNIA LLC TAX 800. TOTAL ADDITIONS TO INCOME AND UBT 177,761. OTHER ADDITIONS INDIRECT COMPENSATION TO PARTNERS AMORTIZATION OF SECTION 754 GOODWILL 3,069,725. 84,144. TOTAL OTHER ADDITIONS 3,153,869. OTHER SUBTRACTIONS DEPRECIATION ADJUSTMENT FROM PASSTHROUGH 6,480. TOTAL OTHER SUBTRACTIONS 6,480. SXX043 1.000 STATEMENT 1 R66297 1608 209 EFTA00806620

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC-204 SUPPORTING STATEMENTS FOR' NYC-2D4 SCHEDULE C - PARTNERSHIP INFORMATION NAME AND ADDRESS PERCENTAGE OF IS INDIVIDUAL PARTNER'S PERCENTAGE OF TINE DEVOTED PTR A NYC RES PARTNER PARTNER DISTRIBUTIVE DISTRIBUTIVE INTEREST % TO BUSINESS YES NO TYPE GEN LIM FEIN OR ESN SHARE SHARE CLAXON INC 42.000000 100.00 X c X 12.-3508512. 2,115,104. 41.999997 C/0 NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 10011 PARTNERSHIP HOLDING CORP. 11.000000 100.00 X s X 11-3501977 1,706,797. 11.000002 C/O NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 10013 THE NILCOR GROUP, INC. 27.000000 100.00 X s X 11-3662040 1,406,307. 27.000001 C/O NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 10011 R66297 1608 210 STATEMENT 2 EFTA00806621

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC 204 PARTNER INFORMATION **INFORMATION FOR NYC RESIDENTS TO COMPLETE FORM IT-219** PARTNER NUMBER 1 PARTNER NAME AND I.D. CLAXON INC C/O NEXT MANAGEMENT LLC 13-3508513 NAME OF PARTNERSHIP NEXT MANAGEMENT, LLC PARTNERSHIP YEAR END 12/31/2015 EMPLOYER ID NUMBER 13-3495607 1. TOTAL NET TAX AFTER CREDITS (LINE 23) 130,319. 2. TOTAL UBT PAID CREDIT (LINE 20) 13,341. 3. ADD LINE 1 AND 2 143,660. 4. PERCENTAGE OF TOTAL DISTRIBUTIVE SHARES FROM NYC-204 41.999997 5. MULTIPLY LINE 3 BY LINE 4 60,337. STATEMENT 3 MUNI31.000 R66297 1608 211 EFTA00806622

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC 204 PARTNER INFORMATION **INFORMATION FOR NYC RESIDENTS TO COMPLETE FORM IT-219** PARTNER NUMBER 2 PARTNER NAME AND I.D. PARTNERSHIP HOLDING CORP. C/O NEXT MANAGEMENT LLC 13-3501977 NAME OF PARTNERSHIP NEXT MANAGEMENT, LLC PARTNERSHIP YEAR END 12/31/2015 EMPLOYER ID NUMBER 13-3495607 1. TOTAL NET TAX AFTER CREDITS (LINE 23) 130,319. 2. TOTAL UBT PAID CREDIT (LINE 20) 13,341. 3. ADD LINE 1 AND 2 143,660. 4. PERCENTAGE OF TOTAL DISTRIBUTIVE SHARES FROM NYC-204 31.000002 5. MULTIPLY LINE 3 BY LINE 4 44,535. STATEMENT 4 MUNI31.000 R66297 1608 212 EFTA00806623

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC 204 PARTNER INFORMATION **INFORMATION FOR NYC RESIDENTS TO COMPLETE FORM IT-219** PARTNER NUMBER 3 PARTNER NAME AND I.D. THE WILCOR GROUP, INC. C/O NEXT MANAGEMENT LLC 13-3682060 NAME OF PARTNERSHIP NEXT MANAGEMENT, LLC PARTNERSHIP YEAR END 12/31/2015 EMPLOYER ID NUMBER 13-3495607 1. TOTAL NET TAX AFTER CREDITS (LINE 23) 130,319. 2. TOTAL UBT PAID CREDIT (LINE 20) 13,341. 3. ADD LINE 1 AND 2 143,660. 4. PERCENTAGE OF TOTAL DISTRIBUTIVE SHARES FROM NYC-204 27.000001 5. MULTIPLY LINE 3 BY LINE 4 38,788. STATEMENT 5 MUNI31.000 R66297 1608 213 EFTA00806624

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC-114.7 SUPPORTING STATEMENTS NYC 114.7 - COMPUTATION FOR LINE 7 DISTRIBUTING PARTNERSHIP NAME TWO TWELVE MANAGEMENT, LLC EIN NUMBER 20-1354409 1. TAXABLE BUSINESS INCOME 3,591,508. 2. LESS DISTRIBUTIVE SHARE OF INCOME 345,526. 3. LINE 1 LESS LINE 2 3,245,982. 4. TAX: 4% OF LINE 3 129,839. 5. SALES TAX ADDBACK 6. TOTAL TAX BEFORE BUSINESS CREDIT 129,839. STATEMENT 6 MUNI31A00 R66297 1608 214 EFTA00806625

NEXT MANAGEMENT, LLC 13-3495607 FORM NYC-3992 SUPPORTING STATEMENTS NEI/ YORK CITY DEPRECIATION SCHEDULE Al A.DESCRIPTION OF ASSET B.CLASS [-DATE PUT D.COST E.ACCUMULATED F. FED. ACRS G.NETNOD N.LIFE 1.22C OF PROP. EN SERVICE OR BASIS DEPRECIATION DEDUCTION \RATE DEPR. LEASEHOLD IKPRO-NY 14,ACRS 06/22/2003 103,492. 30,632. 1,327. N39 2,654. LEASEHOLD IIPRO-NY NACRS 07/24/2003 26.020. 7.666. 134. N39 669. LEASEHOLD IIPRO-NY 14,ACRS 08/12/2003 17.758. 5.176. 228. N39 455. LEASEHOLD IIPRO-NY 14,ACRS 09/12/2003 128,435. 37,185. 1,647. N39 3,293. LEASEHOLD IKPRO-NY 14,ACRS 10/28/2003 16.767. 4.820. 215. N39 430. LEASEHOLD IKPRO-NY 14,ACRS 11/19/2003 41.921. 11,971. 532. N39 1,076. LEASEHOLD IMPROVE-NY 14,ACRS 01/16/2004 5,649. 1.589. 72. N39 145. LEASEHOLD IMPROVE-NY 14,ACRS 02/17/2004 7,686. 2.143. 99. N39 197. LEASEHOLD IMPROVE-NY 14,ACRS 12/31/2004 25.000. 17,499. 233. N15 15.000 1,665. LEASEHOLD 1NP -NY 14,ACRS 02/12/2008 11.736. 5.382. 191. N15 722. LEASEHOLD 1NP -NY 14,ACRS 12/19/2008 16.000. 6.535. 533. N15 1,066. SOFTWARE 14,ACRS 01/22/2015 155,603. 101.575. CS 3.000 47,545. TOTALS 556,187. 130.598. 107.792. 59,977. 96 SXX063 1.000 STATEMENT 7 R66297 1608 215 EFTA00806626

NEW YORK CITY SCHEDULE K-1 EQUIVALENT Partners identification number 13-3508513 Partners name, address, and ZIP code CLAXON INC C/O NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 10013 SCHEDULE B - Computations Partner's Share of Income For calendar year 2015 or liscal year beginning ending LARTNER # 1 Partnership's identification number 13-3495607 Partnership's name, address, and ZIP code NEXT MANAGEMENT, LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 1 001 3 Amount Part 1 j items of Income, gain, loss or deduction I 1. Ordinary income (loss) from federal Form 1065, line 22 (see instructions) 1. 2. Net Income (loss) from all rental real estate activity not included in Form 1065. line 22. but Included on federal Schedule K, , 2. 3. All portfolio income such as interest, dividends, royalties, annuity income and gain (loss) on the disposition of property not included in Form 1065. line 22 but included on federal Sch. K (attach soh. of &porno& income) 3. 4. Guaranteed payments to partners from federal Schedule K (see instructions) 4. 5. Payments to current and retired partners included in other deductions from federal Form 1065, line 20 5. 6. Other income not included in Form 1065, line 22 but included on federal Sch. K (attach soh. of other Income). 6. 7. Charitable contributions from federal Schedule K 7.I1 43, 401 8. Other deductions included in Form 1065, line 22 but not allowed for UBT (attach sched.) (see inst.). 8. 9. Other income and expenses not included above that are required to be reported separately to partners (attach schedule) (see instructions) SEE. STATEMENT .1. . . .9. 10. Total federal income (combine lines 1 through 9, do not include line 7) 10. 11. Subtract net income or gain (or add net loss) from rental, sale or exchange of real property situated outside NYC if included in line 10 above (attach schedule) (see instructions) 11. 12. Total income before New York City modifications (combine line 10 and knell) 12 Part 2 I New York City modifications 1 ADDITIONS and SUBTRACTIONS 13. All income taxes and Unincorporated Business Taxes SEE. STATEMENT .1.. . 13. 14. (a) Relocation credits 14a. (b) Expenses related to exempt income 14b. (c) Depreciation adjustments (see Instr. and attach Form NYC-399) 14c. (d) Exempt Activities 14d. 15. Other additions (attach schedule) (see instructions) SEE. STATEMENT .1. 15. 16. Total additions (add lines 13 through 15) 16. 17. All income tax and Unincorporated Business Tax refunds (included in part 1) 17. 18. Wages and salaries subject to federal jobs credit(attach federal Form 5884) 18. 19. Depreciation adjustment (see instr. and attach Form NYC-399) 19. 20. Exempt income (included in part 1, line 10) (See instr.) 20. 21. 50% of dividends (see instructions) 21. 22. Exempt Activities 22. 23. Other subtractions (attach schedule) (see instructions) SEE. STATEMENT .1. 23. 24. Total subtractions (add lines 17 through 23) 24. 25. Combine lines 16 and 24 25. 26. Total income (combine lines 12 and 25) 26. 27. Less: Charitable contnbutions (not to exceed line 7, or 5% of line 26, whichever is less) 27. 28. Distributive Income (line 26 less line 27) 28. 29. Investment income - (complete lines a through g below) (see instructions) (a) Dividends from stocks held for investment 29a. (b) Interest from Investment capital (include non-exempt governmental obligations) (denim on skier) 29b. (c) Net capital gain (loss) from sales or exchanges of securities held for investment 29c. (d) Income from assets included on line 3 of Schedule D 29d. (e) Add lines 29a through 29d inclusive 29e. (f) Deductions directly or indirectly attributable to investment capital 29f (g) Interest on bank accounts included in income reported on line 29d .29g. 30a. Investment income (line 29e less line 291 but not more than line 28) (enter on page 1. Schedule A. line 7) 30a. 30b. Investment income to be allocated (enter on page 1, Schedule A, Line 7a) (see instructions), 30b. 31. Business income (line 28 less line 30) (enter here and transfer this amount to page 1. Sch. A. line 1) 31. 1,014,678 7,522. -80,30 941,90 941,90 74,659 45,273 1,324,6 1,444,5 25,190 2,722 27,912 1,416,6 2,358,5 43,401 2,315,1 2,315,1 503675 3.000 R66297 1608 216 EFTA00806627

NEXT MANAGEMENT, LLC PARTNER # 1 13-3495607 NEW YORK CITY SCHEDULE K-1 EQUIVALENT, SUPPORTING SCHEDULES PART 1, LINE 3 - PORTFOLIO INCOME INTEREST INCOME 7,522. TOTAL PORTFOLIO INCOME 7,522. PART 1, LINE 9 - OTHER ITEMS LESS: EXPENSE DEDUCTION FOR SECTION 179 80,301. TOTAL OTHER ITEMS -80,301. PART 2, LINE 13 - ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES NYC UNICORPORATED BUSINESS TAX 64,004. NYC UBT TWO TWELVE 10,319. CALIFORNIA LLC TAX 336. TOTAL ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES 74,659. PART 2, LINE 15 - OTHER ADDITIONS INDIRECT COMPENSATION TO PARTNERS AMORTIZATION OF SECTION 754 GOODWILL 1,289,285. 35,340. TOTAL OTHER ADDITIONS 1,324,625. PART 2, LINE 23 - OTHER SUBTRACTIONS DEPRECIATION ADJUSTMENT FROM PASSTHROUGH 2,722. TOTAL OTHER SUBTRACTIONS 2,722. SX.X083 1.000 STATEMENT 1 R66297 1608 217 EFTA00806628

NEW YORK CITY Partner's Share of Income SCHEDULE K-1 For calendar year 2015 or fiscal year beginning ending EQUIVALENT Partners identification number 13-35 0 1 97 7 Partners name, address, and ZIP code PARTNERSHIP HOLDING CORP. C/O NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 10013 SCHEDULE B - Computations LARTNER # 2 Partnership's identification number 1 3 -34 95 6 0 7 Partnership's name, address, and ZIP code NEXT MANAGEMENT, LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 1 001 3 Amount Part 1 I Items of Income, gain, loss or deduction 1. Ordinary income (loss) from federal Form 1065, line 22 (see instructions) 1. 2. Net Income (loss) from all rental real estate activity not included in Form 1065. line 22. but Included on federal Schedule K, , 2. 3. All portfolio income such as interest, dividends, royalties, annuity income and gain (loss) on the disposition of property not included in Form 1065. line 22 but included on federal Sch. K (attach soh. of &porno& income) 3. 4. Guaranteed payments to partners from federal Schedule K (see instructions) 4. 5. Payments to current and retired partners included in other deductions from federal Form 1065, line 20 5. 6. Other income not included in Form 1065, line 22 but included on federal Sch. K (attach sch. of other Income). 6. 7. Charitable contributions from federal Schedule K 7.I1 32, 034 8. Other deductions included in Form 1065, line 22 but not allowed for UBT (attach sched.) (see inst.). 8. 9. Other income and expenses not included above that are required to be reported separately to partners (attach schedule) (see instructions) SEE. STATEMENT .1. . . .9. 10. Total federal income (combine lines 1 through 9, do not include line 7) 10. 11. Subtract net income or gain (or add net loss) from rental, sale or exchange of real property situated outside NYC if included in line 10 above (attach schedule) (see instructions) 11. 12. Total income before New York City modifications (combine line 10 and tine 11) 12 Part 2 I New York City modifications 1 ADDITIONS and SUBTRACTIONS 13. All income taxes and Unincorporated Business Taxes SEE. STATEMENT .1. 13. 14. (a) Relocation credits 14a. (b) Expenses related to exempt income 14b. (c) Depreciation adjustments pee Instr. and attach Form NYC-399) 14c. (d) Exempt Activities 14d. 15. Other additions (attach schedule) (see instructions) SEE. STATEMENT .1. 15. 16. Total additions (add lines 13 through 15) 16. 17. All income tax and Unincorporated Business Tax refunds (included in part 1) 17. 18. Wages and salaries subject to federal jobs credit(attach federal Form 5884) 18. 19. Depreciation adjustment (see instr. and attach Form NYC-399) 19. 20. Exempt income (included in part 1, line 10) (see instr.) 20. 21. 50% of dividends (see instructions) 21. 22. Exempt Activities 22. 23. Other subtractions (attach schedule) (see instructions) SEE. STATEMENT .1, 23. 24. Total subtractions (add lines 17 through 23) 24. 25. Combine lines 16 and 24 25. 26. Total income (combine lines 12 and 25) 26. 27. Less: Charitable contnbutions (not to exceed line 7, or 5% or line 26, whichever is less) 27. 28. Distributive Income (line 26 less line 27) 28. 29. Investment income - (complete lines a through g below) (see instructions) (a) Dividends from stocks held for investment 29a. (b) Interest from investment capital (include non-exempt governmental obligations) Menem on sidet) 29b. (c) Net capital gain (loss) from sales or exchanges of securities held for investment 29c. (d) Income from assets included on line 3 of Schedule D 29d. (e) Add lines 29a through 29d inclusive 29e. (f) Deductions directly or indirectly attributable to investment capital 29f (g) Interest on bank accounts included in income reported on line 29d , .29g. 30a. Investment income (line 29e less line 29f but not more than line 28) (enter on page 1. Schedule A. line 7) , 30a. 30b. Investment income to be allocated (enter on page 1, Schedule A, Line 7a) (see instructions), 30b. 31. Business income (line 28 less line 30) (enter here and transfer this amount to page 1. Sch. A. line 1) 31. 748,93 5,552 -59,27 695,21 695,21 55,107 33,415 977,69 1,066,2 18,594 2,008 20,602 1,045,6 1,740,8 32,034 1,708,7 1,708,7 503675 3.000 R66297 1608 218 EFTA00806629

NEXT MANAGEMENT, LLC PARTNER # 2 13-3495607 NEW YORK CITY SCHEDULE K-1 EQUIVALENT, SUPPORTING SCHEDULES PART 1, LINE 3 - PORTFOLIO INCOME INTEREST INCOME 5,552. TOTAL PORTFOLIO INCOME 5,552. PART 1, LINE 9 - OTHER ITEMS LESS: EXPENSE DEDUCTION FOR SECTION 179 59,271. TOTAL OTHER ITEMS -59,271. PART 2, LINE 13 - ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES NYC UNICORPORATED BUSINESS TAX NYC UBT TWO TWELVE CALIFORNIA LLC TAX 47,241. 7,617. 249. TOTAL ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES 55,107. PART 2, LINE 15 - OTHER ADDITIONS INDIRECT COMPENSATION TO PARTNERS 951,614. AMORTIZATION OF SECTION 754 GOODWILL 26,085. TOTAL OTHER ADDITIONS 977,699. PART 2, LINE 23 - OTHER SUBTRACTIONS DEPRECIATION ADJUSTMENT FROM PASSTHROUGH 2,008. TOTAL OTHER SUBTRACTIONS 2,008. SX.X083 1.000 STATEMENT 1 R66297 1608 219 EFTA00806630

NEW YORK CITY SCHEDULE K-1 EQUIVALENT Partners identification number 13— 3 6 82 0 60 Partners name, address, and ZIP code THE WILCOR GROUP, INC. C/O NEXT MANAGEMENT LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 10013 SCHEDULE B - Computations Partner's Share of Income For calendar year 2015 or liscal year beginning ending LARTNER # 3 Partnership's identification number 1 3 -3495607 Partnership's name, address, and ZIP code NEXT MANAGEMENT, LLC 15 WATTS STREET 6TH FLOOR NEW YORK, NY 1 001 3 Amount Part 1 I Items of Income, gain, loss or deduction 1. Ordinary income (loss) from federal Form 1065, line 22 (see instructions) 1. 2. Net Income (loss) from all rental real estate activity not included in Form 1065. line 22. but Included on federal Schedule K. 2. 3. All portfolio income such as interest, dividends, royalties, annuity income and gain (loss) on the disposition of property not included in Form 1065. line 22 but included on federal Sch. K (attach soh. of &porno& income) 3. 4. Guaranteed payments to partners from federal Schedule K (see instructions) 4. 5. Payments to current and retired partners included in other deductions from federal Form 1065, line 20 5. 6. Other income not included in Form 1065, line 22 but included on federal Sch. K (attach sch. of other Income). 6. 7. Charitable contributions from federal Schedule K 7.I1 27, 900 8. Other deductions included in Form 1065, line 22 but not allowed for UBT (attach sched.) (see inst.). 8. 9. Other income and expenses not included above that are required to be reported separately to partners (attach schedule) (see instructions) SEE. STATEMENT .1. . . .9. 10. Total federal income (combine lines 1 through 9, do not include line 7) 10. 11. Subtract net income or gain (or add net loss) from rental, sale or exchange of real property situated outside NYC if included in line 10 above (attach schedule) (see instructions) 11. 12. Total income before New York City modifications (combine line 10 and fine 11) 12 Part 2 I New York City modifications 1 ADDITIONS and SUBTRACTIONS 13. All income taxes and Unincorporated Business Taxes SEE. STATEMENT .1... 13. 14. (a) Relocation credits 14a. (b) Expenses related to exempt income 14b. (c) Depreciation adjustments pea Instr. and attach Form NYC-399) 14c. (d) Exempt Activities 14d. 15. Other additions (attach schedule) (see instructions) SEE. STATEMENT .1. 15. 16. Total additions (add lines 13 through 15) 16. 17. All income tax and Unincorporated Business Tax refunds (included in part 1) 17. 18. Wages and salaries subject to federal jobs credit(attach federal Form 5884) 18. 19. Depreciation adjustment (see instr. and attach Form NYC-399) 19. 20. Exempt income (included in part 1, line 10) (sae Moir ) 20. 21. 50% of dividends (see instructions) 21. 22. Exempt Activities 22. 23. Other subtractions (attach schedule) (see instructions) SEE. STATEMENT .1. 23. 24. Total subtractions (add lines 17 through 23) 24. 25. Combine lines 16 and 24 25. 26. Total income (combine lines 12 and 25) 26. 27. Less: Charitable contnbutions (not to exceed line 7, or 5% of line 26, whichever is less) 27. 28. Distributive Income (line 26 less line 27) 28. 29. Investment income - (complete lines a through g below) (see instructions) (a) Dividends from stocks held for investment 29a. (b) Interest from investment capital (include non-exempt governmental obligations) oeuvre on sidet) 29b. (c) Net capital gain (loss) from sales or exchanges of securities held for investment 29c. (d) Income from assets included on line 3 of Schedule D 29d. (e) Add lines 29a through 29d inclusive 29e. (f) Deductions directly or indirectly attributable to investment capital 29f (g) Interest on bank accounts included in income reported on line 29d , .29g. 30a. Investment income (line 29e less line 291 but not more than line 28) (enter on page 1. Schedule A. line 7) , 30a. 30b. Investment income to be allocated (enter on page 1, Schedule A, Line 7a) (see instructions), 30b. 31. Business income (line 28 less line 30) (enter here and transfer this amount to page 1. Sch. A. line 1) 31. 652,293 4,836. -51,622. 605,506 605,506 47,995. 29,104. 851,545 928,644 16,193. 1,750. 17,943. 910,701 1,516,207 27,900. 1,488,307 1,488,307 503675 3.000 R66297 1608 220 EFTA00806631

NEXT MANAGEMENT, LLC PARTNER # 3 13-3495607 NEW YORK CITY SCHEDULE K-1 EQUIVALENT, SUPPORTING SCHEDULES PART 1, LINE 3 - PORTFOLIO INCOME INTEREST INCOME 4,836. TOTAL PORTFOLIO INCOME 4,836. PART 1, LINE 9 - OTHER ITEMS LESS: EXPENSE DEDUCTION FOR SECTION 179 51,622. TOTAL OTHER ITEMS -51,622. PART 2, LINE 13 - ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES NYC UNICORPORATED BUSINESS TAX NYC UBT TWO TWELVE CALIFORNIA LLC TAX 41,146. 6,634. 215. TOTAL ALL INCOME TAXES AND UNINCORPORATED BUSINESS TAXES 47,995. PART 2, LINE 15 - OTHER ADDITIONS INDIRECT COMPENSATION TO PARTNERS 828,826. AMORTIZATION OF SECTION 754 GOODWILL 22,719. TOTAL OTHER ADDITIONS 851,545. PART 2, LINE 23 - OTHER SUBTRACTIONS DEPRECIATION ADJUSTMENT FROM PASSTHROUGH 1,750. TOTAL OTHER SUBTRACTIONS 1,750. SX.X083 1.000 STATEMENT 1 R66297 1608 221 EFTA00806632