STRICTLY PRIVATE AND HIGHLY CONFIDENTIAL | NOT FOR DISTRIBUTION | Oe are Met ROn coer SZC} Total Savings (first 15 years) at Illustrative Transaction Values rw ris ranma Pent) USO ASAE TU SOROS saving Savings Aes ‘Avie Mustrative setsecugee “a = = Bid Value: Upienscrde Fe 20 19 $1,750mm, = : : “ToalSoringe a a oo Saving Swing ve Savings ‘Aele ‘Ate ‘fel tines Asie nee Ilustrative Alte charges 2 2 7 Bid Value: Cpirancran 2s 0 be $2,000mm —Nev-AcoerShare 16 i ‘isha . a 2 Ta Sain suc a7 am ‘Saving. savings re Savings ‘Ants aoe ‘Ants 3 Asie sme Asics Mlustrative psi cium 2 o 7 Bid Value: Gsemscnan 2s 0 10 ‘Nemo Rev Share f 6 16 $2,250mm = f NatieStare a ot “ot Saring a a7 Sorin. Savings rn ‘ele Mstrative yinscugs 7 2 Bid Value: Upentcretn 0 0 $2,500mm —NavAnw er Stare 7 re 16 Yate share 8 2 3 Toul Soringe a0 oe ie [Note Value sar cleat a 5% of incremental gos prota between $4630 and $2.30 bili 75% of nce mental gran roe betweesS2 130 a $230 lan and 10% of os proceeds ‘fos of 60 non-oro eveue NPV aosmesP3 scoara 3 New Femina 12% NAR share 5475 milion nil Aine age in 2121, 0% growth for § ears ancl CPT pow htater CPE zee 20521 $50 (4 lion aeons charge) ae CPI growth heteter