Gain Recognized - — Network — Epstein Files

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Gain Recognized - — Network — Epstein Files

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Gain Recognized -

After-Tax TRA Payments - Cash Equity Sales

Recognition

Interests Annually From

El ERNST& YOUNG Quality

After-Tax TRA Payments

NPV

TRA

Tufts

NPV Total After-Tax TRA

Assumes APO Corp.

After-Tax TRA Payments - Tufts

App

Benefit/Detriment of Guarantee 2.0 1.3

After-Tax TRA Payments - Cash Equity

NPV Value

NPV Total After-Tax TRA Payments

AGM

Interests and Deferral

APO Corp.

Effective Tax Rate

After-Tax TRA Payments - Tufts Gain

Millions

Net After-Tax Equity Cash Proceeds

Gain Recognized - Tufts

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