From: Freddie Richardson To: jeevacation@gmail.com Subject: Boothbay Dec 2017: +2.72%; +15.60% YTD // Enhanced: +4.04% ; +23.30% YTD* Date: Mon, 08 Jan 2018 19:35:24+0000 Attachments: Enhanced_-_Boothbay_December 2017_Fact_Sheet.pdf; Boothbay_December 2017_Fact_Sheet.pdf Dear Jeffrey, Please find attached our monthly tear sheet that includes net returns, exposures and a general fund overview. As always, please reach out with any comments or questions. 2111 7 Ikcenther D D Sharpe I Ill Boothbay Absolute Return Strategies, L.P 2.72% 15.60% 34.19% 2.46 Boothbay Enhanced Share Class * 4.04% 23.30% 53.96% 2.51 HFRX : Equity Market Neutral -0.72% 1.73% 4.30% 0.23 HFRX : Absolute Return 0.28% 3.39% 5.58% 0.68 HFRX : Global Hedge Fund 0.73% 5.99% 2.28% 0.04 S&P 500 0.98% 19.42% 36.39% 0.91 •Enhanced Share Class YTD and ITD numbers include proforma returns, prior to Enhanced Share Class launch in August 2017. Please sec disclosures in the enclosed attachments. Boothbay is a multi-strategy hedge fund, which seeks to generate absolute returns with low volatility and low correlations to traditional asset classes through all market conditions Best regards, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor EFTA00914290 New York, NY 10019 Powered by Backstop EFTA00914291