FY2017 EBITDA of $44 mm • Repaid 32% of acq. debt to date Debt Repayment/Bond Resilience and Growth • Bond division organic investment to target Industrial Automation and Internet of Things opportunity to grow. • FY2018 EBITDA of $43 mm • Repaid 40% of acq. debt to date Feb. 2015 Gross Unreal irett Returns (Soon) Fund T