508513 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 492,058. 1,154,322. Withdrawals 945,000. Ending Capital 701,380. PARTNERSHIP HOLDING CORP. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 2 NEW YORK, NY 10013 13-3501977 Beginning Capital

- Other Number: 13-3495607 13-3508513 625001 04-01.16 15.1 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC 1 PNEXT104 EFTA00806258 PARTNERSHIP HOLDING CORP. C/O NEXT MA 651113 Schedule K-1 2016 (Form 1065) Far wave year 2016. or lax Department of the Treasury yaw beginning { 1 Final K-1 Li Amend

I, Line In A 13-3508513 CLAXON INC C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 95,187.00 42.0000000 39,978.00 8. 13-3501977 PARTNERSHIP HOLDING CORP. C/O NEXT MANAGEMENT LLC 15 WATTS STREET NEW YORK, NY 10013 95,187.00 31.0000000 29,509.00 C. 13-3682060 THE WILCOR GROUP INC. C/O NEXT MANAG

bution Property Contribution m Cash Distributions Property Distribution 737 Distributions I CLAXON INC 11-3508513 T27,664. 2,260,000. 2 PARTNERSHIP HOLDING CORP. 11-3501977 571,991. 930,000. 3 THE WILCOR CROUP, INC. 21-3682060 499,929. 010,000. To ale : ,:: : 4. J. 940.940. JSA 589040 1.000 86629

5 Side 1 ■ 5O0577 1.000 R66297 1608 105 EFTA00806510 NEXT MANAGEMENT, Members name LLC 13-3495607 Members identifying number ARTNFR # 2 PARTNERSHIP HOLDING CORP. 23-1501977 I Analysis of members capital account: Cheetahs box •(1)0 Tax Basis (2)@ GAAP (3)❑ Section 704(b) Book (4)❑Other (explain) Ca) (b) (