EFTA Document EFTA01378204

SRLP102 Alpha Group Capital Pulse: Results Post-Close Key Achievements Post-Close Oct. 2014 Close Acquisition Sep. 2015 It 2017 Sims CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0075365 Carve-out complete: • Appointed CEO and other senior management positions • Significant build out of sales team • IT and reporting systems in place • Opened a low-cost shared services center in India • Continue to invest in R&D to drive new product development • Amended and extended Juniper seller note Gross Unrealized Returns (Soon) R O S M S I C 1.0x 0.0x (1.0x) Total Gross MOIC Fund + Co-Invest 1.2x Fund only:1.2x $142 Oct-2014 Acquisition ($115) (S113) ($229) $278 $278 $136 $142 Unrealized Total Value Value Co-Investor Share ■ Fund Share Notts Returns include unrealired VidUalent The act us] realized return of such unreal red moon-nerds may differ matenalh f non the triune. unit...And 'tenon Nesse see "Apperuin-Foolnotor for e.IJ oat considerations and definitions. PAS performance is not nesesharily indkathe future results. Revenue & EBITDA Growth • 5 consecutive quarters of —10% y-o-y bookings growth after 11 quarters of Y-o-Y decline • 2016 PF EBITDA of $17 mm, up from $12 mm in 2015 Follow-on acquisition • Accretive acquisition of Brocade's vADC assets for 6.6x PF EBITDA Restructured $17 mm of acquisition debt • Wrote off —10% of debt, converted -50% mm into equity at a discount, and remaining was repaid/extended Dec 2017 EBITDA Growth • 2017 PF EBITDA of $24 mm 4 I CONFIDENTIAL SDNY_GM_00221549 EFTA01378204