PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806119 Expanded Capital Account Summary Name NEXT MANAGEMENT LLC M. Number 13-3495607 CLAXON INC Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 1 NEW YORK, NY 10013 13-3508513 Beginning Capital

K Disabled access credit SP ISM 1.000 R66297 1608 47 EFTA00806451 NEXT MANAGEMENT, LLC 13-3495607 SCH K-1 SUPPORTING SCHEDULES PARTNER # 1 CLAXON INC ITEM L - RECONCILIATION OF INCOME INCOME (LOSS) FROM SCH. K-1, LINES 1 - 11 LESS: DEDUCTIONS FROM SCH. K-1, LINES 12, 13, 16L, AND 16M 1,022,200.

2,167. 1,873. 1,185. 9,493. 2,903. S00520 2.000 R66297 1608 102 EFTA00806507 NEXT MANAGEMENT, LLC 13-3495607 PARTNER # 1 PARTNER NAME CLAXON INC ITEM I, COLUMN(C) - RECONCILIATION OF INCOME INCOME (LOSS) FROM SCH. K-1, LINES 1 - 11C LESS: DEDUCTIONS FROM SCH. K-1, LINES 12 - 13E 1,070,295.

INE 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 PARTNERSHI