Family Office Structure (Asset Management Services) Leon Black Leon Black Family Members and Managing Family Entities Member Members Legend: = corporation = partnership C = disregarded entity Investment Portfolio** Investment Manager * Allocation of Net Profit per Fiscal Period for each calendar year in the amount equal to 115% of aggregate direct and indirect costs associated with asset management services for such calendar year. n Can include investments in funds managed by LLC-IM for third party investors. All Overhead * Employees * Office lease * Equipment Research * Accounting, legal and administration 104749214_1.PPTX EFTA00584331