EFTA Document EFTA01369718

DB led the $500mm IPO of Double Eagle Acquisition Corp., featuring the largest (tied) post-crisis SPAC IPO and a transaction that got upsized from an originally- envisioned $400mm base deal Deal was completed in an accelerated 3-day roadshow, garnering Double Eagle with a superb orderbook consisting of many premier long-only investors Key management Name Position Jeff Sagansky President d CEO JamesGraf CFO. VP & Harry Shen' Founarng Invostot Deutsche Bank Corporate Banking 3,, Securities Double Eagle Acquisition Corp. (NASDAQ: "EAGLU") $500 million IPO — largest (tied) post-crisis offering at pricing Summary IPO terms Pricing date: September 10, 2015 Transaction size: $500 million (includes upsize and gioenshor) Securities offered: 50.0 million units (includes 2.0 million cnnr-allolmonl shares) - each consisting of 1 share of common stock and I warrant (exercisable for X share of common stock) Amount held In trust: Equal to 100% of offering proceeds Sponsor "at risk" $10.0 million investment in warrants at $0.50 per investment: warrant (direct purchase of 20 million warrants) Sponsor promote: Shares issued to sponsor at formation equivalent to 20.0% of common equity ownership post-raise 1,8 Role: Lead left bookrunner Investment highlights Part of Eagle Platform, dedicated to finding media and communications assets with high growth potential at below market valuations Lead by Jeff Sagansky, a seasoned media & communications investor and principal founder and investor in both Global Eagle and Silver Eagle Management team has history of closing successful blank check transactions Targets faster-growing segments of developed markets and emerging international markets Strong relationship with large media houses Nolo: Market data as of end of August 2015 Source: Company data Double Eagle Acquisition Corp. overview • Double Eagle Acquisition Corp is a blank check company formed for the purpose of entering into a business combination • Seeks to select. acquire and operate media and entertainment businesses. including providers of content, with high growth potential in the US or internationally • Third SPAC of the Platform, which is dedicated to finding media and communication assets with high growth potential at attractive valuations - Management has access to proprietary deal flow and has a history of strong execution in the media, communications and entertainment sectors • Management team is led by Jeff Sagansky, Co-founder of Global Eagle Acquisition Corp and Silver Eagle Acquisition Corp - Sagansky co-founded, together with Graf and Sloan, Global Eagle Acquisition and Silver Eagle Acquisition. which completed their business combination successfully in 2013 and 2015. respectively — Sagansky has over 35 years of senior-level media management and investment experience Double Eagle is the next opportunity on the Eagle platform SPAC Size (Srnm) IPC ACNII:C.II on Returns to date $19Ornm Global Eagle 2011 Mt Row 44 (Jan 2013) -50% Silver Eagle 2013 Video-con d2h (Match 2015) -20% Double Eagle 2015 33 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0062153 SDNY GM_00208337 EFTA01369718