. Wolff 8 Cohen Sharpe Ratio 2.24 0.74 PIN* Brokers BNP Partas. Goldman Sachs. UBS Sortino Retie 6.00 1.31 CONTACT Calmar Ratio 4.56 028 Frederick Richardson Largest CieradOese (Month to Month) 4.40% .8.89% Beta (to VIP 500) -0.01 1.00 212.332.2676 Pagel EFTA00591783 BOOTHBAY ABSOLUTE RETURN STR

turn 0.48% 1.86% 4.03% 0.59 HFRX : Global Hedge Fund 0.93% 3.51% -0.12% -0.11 S&P 500 1.93% 10.34% 26.02% 0.74 Best regards, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor New York, NY 10019 Powered by Backstop EFTA00635057

an Road Northbrook, IL 60062 Routing/ABA#: Beneficiary: Boothbay Multi-Strategy Fund LP Beneficiary account number: 7539685719 Thanks, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 4th Floor New York, NY 10019 The information contained in this e-mail and any attachments may be leg

.22 HFRX : Absolute Return 0.10% 1.38% 0.51 HFRX : Global Hedge Fund 0.21% 2.56% -0.19 - 5 0 0 0.48% 8.24% 0.70 Best regards, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor New York, NY 10019 ;Powered by Backstop EFTA00671079

eturn 0.31% 0.96% 3.10% 0.48 HFRX : Global Hedge Fund 0.43% 2.09% -1.49% -0.22 S&P 500 0.91% 6.49% 21.63% 0.67 Best regards, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor New York, NY 10019 Powered by Backstop EFTA00674183

e would like you to read the attached letter regarding potential excess capacity opportunities. Wishing you a happy holiday and new year, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor New York, NY 10019 212.332.2684 Powered by Backstop EFTA00925357

continued trust and support in Boothbay. Please do not hesitate to contact us if you have any other questions or comments. Best regards, Freddie Frederick Richardson Boothbay Fund Management giPowered by Backstop EFTA00711613

[email protected]» =/span> Cc: Daniel Blo=m <DBloom@bbay=gmt.com <mailto:[email protected]> Hi Richard, Tha=k you and our comments below. Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, chttps://maps.google.com/?q=810+Seventh+Av=nue,%C2%A0+6th+Floor ce==> 6th Floor New+York,+NY+10019&