EFTA01374928

SRLP102 Alpha Group Capital Digital River: Business Segment Overview at Entry (S in millions, ITE Dirembril in Legacy Business / "Bond" SI Next-Gen. Business /"Call Option" n Description Digital Commerce End-to-end, outsourced 'Commerce-as-a-Service solution targeting large tier 1 /2 mid-market and enterprise customers in the digital download market (software, gaming) as well as tier 3 SMBs Digital River Provides payment gateway and ISO services to 18,000 active merchant locations across the APAC, NA, and EMEA regions Blueliornet Mid-market email marketing service provider I Branded Manufacturer Commerce End-to-end. outsourced chConimenr-as-a-ServiCe solution targeting large tier 1 /2 mid-market and enterprise customers in the branded manufacturer market 2014E PF Revenue $212 nun mm $19 mm 530 mm / Gross ?Angie) Ms GM 35% GM 64% GM 54% GNI Canadian and Swedish Payments subsidiaries divested Non-core. Divested Undorwri ling Case ay Legacy Business / "Bond" 2014A Rev. 2019E Rev. CASA $312 5439 -fl Next-Gen. Business / "Call Option" $30 $65 17% Now POMO% shaded taw denotes nor.coev. Meese see "Case Studies" for unponard oocuaderatsons Matins to thet underwriting case Amourds abow tormstent estimated (mast martodose.; she acquisinon and have net been • SIMS up.latal sank. a-srumitiom Actual molt,. may differ. cc„ doc,_ : (\wawa. payments revanue is Included in Paymenta morale aid excludai from Comenema serest. 38 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0069881 CONFIDENTIAL SDNY_GM_00216065 EFTA01374928