December 2017 Global Inc Statement. WW in USD

December 2017 Global Inc Statement. WW in USD NY nall CA IT TWO12 METIER TOTAL ' Revenue Revenue - Female 9,102,497 1,715,131 2,735,257 4,106,232 5,169,755 0 0 22,828,872 Revenue - Male 327,985 384,903 580,276 1,418,017 227,297 0 0 2,938,478 Revenue - Elms 889.488 0 12,824 0 0 0 0 902,313 Agency Fees - Next Pads Direct 25,214 0 0 0 0 0 25,214 Revenue - Influencers 312,002 0 723,044 0 0 0 0 1,035.047 Revenue - Chefs 0 0 0 0 0 0 320,413 320,413 Revenue - Metier 0 0 0 0 1,642,906 1,642,906 Events, Spons. & Consulting 0 0 0 0 0 0 103,938 0 103,938 Talent Revenue 896,414 0 194,685 195,346 5,755 0 0 0 1,292,200 Commission Inc/Exp -1.364,897 -209,678 -375.515 -732,201 -489,059 0 0 0 -3 171 349 Misc. Income— 918,315 23,968 50,607 91,769 -16,107 0 346,253 564 1,415.391 Overhead Reimbursement 1.345,783 0 0 0 0 0 0 0 1,345,783 Revenue 12,452,802 1,914,345 3,921,180 5,079,163 4,897,640 0 770,605 1,643,470 30,679,204 Expenses Total Scouting Expenses 2,573,004 33.333 145,859 258.053 284,197 0 0 0 3,294,446 Total Sales Expenses 7,417,388 989,664 2,116,988 2,680,929 2,321,122 0 418,332 1,165.745 17,110,149 Total Administrative Expenses 3,380,205 336,504 705.198 2.267,840 2,204,964 0 197,586 304,922 9,397,219 Total Expenses 13,370,677 1,359,501 2,968,045 5,206,822 4,810,284 0 615,918 1,470,667 29,801,814 Net Income (loss) -917.775 654,844 963,136 .127.669 87,356 0 Pn54,686 172,803 877,390 (a) Add Back Talent Advisor's Consulting Fees 514,965 -514,965 Allocation of Direct Fees -25.214 25,214 Adjusted Income -942.989 564,844 963,136 387,306 -402,395 0 154,686 172,803 y377,390) Billing is accrued monthly, certain expenses are accrued on a quarterly basis. (US commissions are accrued monthly starting Feb.) Rates of exchange E1 = $1.2888; E1 = 61.1303 FR= PARIS + FRENCH BRANCH 42±/dE. • g in tgA4 Miscellanous Income for Two12 includes gain on APA 2 060.000 a) For 2017 TA. consulting fees consists of €200K annual fees and €200K bonus(pd in Sept 2017) and incentive award for prior year $62,845(pd in Oct 2017) ao arowel/O gival-dpeAcidiems, 2-0116 41q bi g26. ,AlcovAe co or 9-b-20/7 EFTA00811700 Next - Consolidated Confidential DRAFT FY 2012 FT 2013 FY FY FY 2014 % 2015 FT FV FT 2016 1 1914 - ON 2017 I py 0) Tpal ROVenth3 P*y % 4%0% 85,664,992 56A65.099 $ 93.401,567 42.510.049 $ 100,744,372 86,674,447 $ 110,017,377 71440,671 S 111,942,926 72.917.343 5 41. :113,878,196 76461,023 Net Revenue Ela111110 Total Scouting ~it 44 0/Nit %maws %of Tow Revenue Tow Sales Expenses % of Net Revenue 14 of TOW Revenue Total Aemsgstrareo %%Nei %et Net Revenue % of Total Retinue 28,779,893 2,744,616 95% 3.2% 14,652,218 50.9% 27.2% 7,940,417 27.7% 9.3% S 30,873,498 3,429.944 11.1% 3.7% 15,571,377 50.4% 16.7% 9.055,194 29.3% 92% 5 34,069,725 3,344,166 9.8% 3.3% 17,728,928 57.0% 27.6% 10,141,880 29.8% 10.1% $ 37,176,698 3,347,002 9.0% 3.0% 19,038,120 51.2% 17.3% 31,511,226 320% 20sis S 39,030,583 3,121,335 8.0% 22% 20,6244239 52.8% 28.4% 11,616,465 29.8% 10.4% $ 41,917,173 3.287,407 7.8% 2.8% 20,879,87* 49.8% 27.6% 22,001,062 28.6% 10.2% Total Operating &pants 25,377,321 28,056.515 31,216,974 33.896,426 35,358,310 .168. Net Inceamt % OF Net &WNW! % of Tow Revenue $ 3,402,572 11.8% 4.0% $ 4816,982 21% 3.0% 5 2,852,751 8.4% 2.8% $ 3,280,270 8.8% 3.0% S 3,672,273 9.4% 3.3% $ 5,748,826 13.7% 4.8% plus: DM aka: Intent plus: Taxes Plus: Fore GOWL00% Plus: Etoar0 Fees plus: Consueng Fees plus: Exturordinary Charges 88570* 5 4,240,210 $ 4,050,697 $ 4,263,517 $ 5,219,313 $ 5,153,162 $ 7,202,547 %flee Revenue 14.7% 13.1% 12..5% 14.0% 13.2% 17.2% % of Tow Revenue 4.9% 4.3% 4.2% 4.7% 4.6% 6.2% 254,959 294.244 211,160 292,645 45,154 170,200 ( 97,743 ) ( 63,631 ) ( 56,780 ) ( 83,750 ) ( 61,273 ) ( 44606 ) 235,250 632,625 535,953 821,441 693,021 760,795 130,806 8,000 351,118 114,815 369,672 245,334 295,103 295,363 295,383 295,343 295,383 403,385 18,980 66,574 56,991 105,054 139,472 28,675 COrelant FX at current extharos rats. (1) Italy Nang" LTM as .31~16 (Dec not 'NNW% Page 1 of 9 Consolidated P4 (Incl.,27.2) .1,1350,3V0 7.4%O 104,072 5.3% 259,389 1.3% 344,576 3.3% 814037 2.3% 2,07-,553 56.5% 124,946 276.1% 14,667 NM 67,774 9.8% (124,357) (33.6%) (0) <DIM) NM (310,797) (79.4%) EFTA00811701