e I Northern Anne C. ti PAW Ca' el listerbeaote 1 Wakefield Regional Comte Mt Coal of Tab Pealeasb I Resiema Cana of corder Dttict Cowell of the Caper (=tipple Pete Animal Cues Crebkt taxa efOrrareottrostee EFTA00269248 <«"i\' NC-CTED N6EL : Otadlork-bannalaRfaaseraaamat pap 1 of I po(SueD

5 SO so SO Tax Rate 0% 0% 0% 0% 0% Tax 0 0 0 0 0 Net Realized Share of Profits (after-lax) 110 0 705,035 0 0 0 Plus: Return of Caper. i.e. cost basis Med Waste Quality Distributions Aggregate AIV III Return of Capital 5237,900.000 SO SO 5103,900,000 SO 50 SO SO roi $23

43.085 $3.923 54175 $3,660 $4.088 $4,580 Caprtal expenditures ($1,600) (41.317) (41.325) (51.879) ($1.862) ($1,913) (52.203) (42.204) Caper as % orreenue 56% 44% 43% 52% 51% 51% 54% 52% Nortcontrolling interests 4229 $321 6366 4377 $401 $440 5494 $512 Free cash flow (014

CONFIDENTIAL • Acker Coat Appear/on: Investments seeking growth d pmcpal rather than the generation of income. • Produce Com6Oution of Mcom and Caper Apposcia*n. Investments seelti-g both the generation of nccme and growthof petal. Overall risk profiles • Cons...favor Seeks to manlin nal peat w

come only. • Achieve Capita tAppreciatforc mere-owls Peeking goon of mixt,* rater than the generation of raceme. • Acosta Coaebnaton of /nook and Caper row briar Investments seeking both the generation of ion* red growth of principal. Overall ride groan • Conserview. Seeks to rnaintaninbal victor

CONFIDENTIAL • Acker Coat Appear/on: Investments seeking growth d pmcpal rather than the generation of income. • Produce Com6Oution of Mcom and Caper Apposcia*n. Investments seelti-g both the generation of nccme and growthof petal. Overall risk profiles • Cons...favor Seeks to manlin nal peat w

IDENTIAL • Adsieve Cereal Appeaciara. Investments seeking growth d pmcpal rather than the generates of inCOITO. • Proace Coma...Mean of McGee and Caper Apprere*n. Investment, Seek i-g both the generation of nccme and growthof vita:al. Overall risk profiles • Consonant,' Seeks to marean Mut pampa&