$28 $28 $28 EBITDAP 52,411 $2633 $2.562 $2867 $3,268 $3,456 $3586 $3.686 SITOAP Meson 146% 155% 188% 169% 177% 175% 17.3% 171% EBITDA Goat 112% 92% •27% 119% 139% 58% 38% 22% Taxes $296 $306 $317 $387 $458 $617 $639 $651 Tax Rale% 16% 15% 16% 17% 18% 23% 23% 23%