EFTA01374927.pdf

SRLP102 Alpha Group Capital Digital River: Results Post-Close Key Achievements Post-Close Gross Unrealized Returns Feb. 20 (Slum) Total Gross MOIC Close Acquisition Fund + Co-Invest 1.2x Call Subsidiary Sold Fund only: 1.2x • Canadian payments subsidiary, LML, sold to Bambora for $95 mm or 16x EBITDA • Repaid 28% of acquisition debt Non-core Subsidiary Sold $508 $508 • Email marketing subsidiary, Blue Hornet, sold to Marlin Equity Partners for $25 1.Ox mm or 6x EBITDA • Repaid 6% of acquisition debt Cost Savings /EBITDA Growth • 2015A EBITDA increased to $51 mm up G R $366 $366 from 2014A EBITDA of $39 mm, O Feb-2015 excluding $15 mm from divestitures S Acquisition • $29 mm of run-rate cost savings S 0.0x achieved, ahead of plan Unrealized Total Cost Savings/ EBITDA Growth M Value Value • Excluding divestitures, 2016 EBITDA of ($297) I $68 mm vs. $39 mm entry EBITDA C • Cumulative $47 mm of run-rate cost savings initiatives achieved (S116) a. 2017 Call Subsidiary Sold (It) Co-Investor Share • Swedish payments subsidiary, DRWP, ($407) it Fund Share sale to Worldline/Atos for $63 mm or 20x Contribution Profit • Repaid 19% of acquisition debt Follow-on Investment • $30 mm investment to fund amounts for technology platform investments, restructuring and provide for additional Note: get um, include unor.dirxd vslosnon. The ado.] waltzed return of such unmanned unreaments may differ matenally from the return, inItcaed herein. Please sa - AppenSix-Fouinou,C for add atonal • Sims cc.. - near-term liquidity corenderaton,.nd defmetoon, Pam performance a nu. ntwitally Indiciive of haute re.ults 37 CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0069880 CONFIDENTIAL SDNY_GM_00216064 EFTA01374927