EFTA02713903

MARC and CAROLYN ROWAN Check Number: 000013326 To: Leon Black LEOBLA01 Date: 04/09/2014 Invoice Number Date Account Number 2013HERITAGE 04/09/2014 Amount $838,675.00 Discount Paid Amount $0.00 $838,675.00 TOTALS: $638,675.00 $0.00 $838,675.00 THIS CMGS IS VOID WITHOUT A GREEN E. CLUE BORDER AND BACKGROUND PLUS A KNIGHT & FINGERPRINT WATERMARK ON THE BACK • NOLO AT ANGLE TO VIEW 1 is MARC and CAROLYN ROWAN 927 FIFTH AVENUE #6 NEW YORK, NY 10021 US TRUST/BANK OF AMER/CA 000013326 114 WEST 47TH STREET 5TH FLOOR NEW YORK, NY 10036 Pay Eight Hundred Thirty Eight Thousand Six Hundred Seventy Five Odlars and 00 Cents to the Order of: Leon Black 57-1/115 DATE AMOUNT Apr 9, 2014 $838,675.00 a 00000 13 3 no I:O1 L 5000 3940014720 /3N1 • EFTA_R1_02137995 EFTA02713903 TRA Roma: Mart Rowan Total o str,bntrve Sn ate Ti; dititTacTer;f TR/ • -771 Cato of rung IRA Related DELluchar. slit TRA payrhehte ERA Related CS:thiter.: Leneltt Ctu.narf RA Payment Income longterm Capital Gain tnterest Total A 4uly 2007 Exchange"' 95419,396 34260,307 29.650.755 26.789.362 9,766211 8,307.089 1,217,828 4.655.568 2 433306 8.307,089 May 2013 Exchange 7,273.235 2.651,629 2,242,966 3,827.717 1,395284 2,180.415 165259 987.174 27,552 1.180,415 November 2013 Exchange 481,288 175,465 136.802 Total 103,373,919 37 687,401 32.030,523 30.616,878 11 162,105 9,487.505 1 383 48/ 5.642 730 2,461,288 9 487 505 " 71"""r r ' rin-ti- .-,t.FMTY,' • Apollo Operating Catsup Corporate Tax Related l Pretax tA0G) Units tinned Payment, per Share Payments• s`tatbett ria-t°12- L-651^Ilitc44— 'TM payment is taxable in the year ended December 31. 2014. "Pretax payment represents a cbstribution from the Apollo Operating Group. This amount is not distributed to class A unit holders as the amount Is used for corporate tax mated payments. Taxable income with rupee to the pretax payment is Included in your &RH Holdings K-1 for 2013. "• 'In the course of the review of the 2033 exchanges, the original allocation of TRA benefits resulting from the 2007 step up was revised and updated to reflect the proper methodology (In 2007, the tax step up resulting I tom the exchange Included assumption of fiabillties that were allocated and taxed to the Founders. In calculating the allocation of TM payments in the past years, the effect of the step up resulting from the assumption of liabilities was not included in the allocations of TM payments.) The TRA payment amount relating to the 2007 exchange reflects a one .time adjustment foroveepayments in prior years resulting from the above. The following reflects proceeds received in past years and the adjustment reflected in the amount above: 2007-2022 ityments- Recalculated 30.703,135 2007.2012 Payments- Actual 30.260,166 Adjustment to Prior Year Piyrnents 442,970 2013 TRA Payment Oue 7464.120 Adjusted 2013 Payment 8,307.019 3 of 8 EFTA R1 02137996 EFTA02713904