From: Freddie Richardson c:1

From: Freddie Richardson c:1 To: [email protected] Subject: Boothbay Feb 2018: -0.19%; +3.68% YTD II Enhanced: -0.30% ; +5.58% YTD Date: Thu, 08 Mar 2018 14:04:21 +0000 Attachments: Boothbay_Fact_Sheetn February_2018_.pdf; Enhanced_-_Boodthay_Fact_Sheet_February_2018.pdf Dear Jeffrey, Please find attached our monthly tear sheet that includes net returns, exposures and a general fund overview. As always, please reach out with any comments or questions. 2018 k ilr II:11N 1"I I) \nun:Ili/L(1 I I I) Sharpy I I I) Boothbay Absolute Return Strategies. -0.19% 3.68% 9.54% 39.65% 2.35 Boothbay Enhanced Share Class * -0.30% 5.571% 14.34% 63.44% 2.39 HFRX : Equity Market Neutral -0.30% 0.89% 1.40% 5.23% 0.28 HFRX : Absolute Return -0.35% 0.45% 1.62% 6.06% 0.67 HFRX : Global Hedge Fund -2.42% -0.14% 0.61% 2.24% 0.02 S&P 500 -3.89% 1.50% 9.28% 38.44% 0.87 •Enhanced ShareClass ITD numbers include proforma morns. poor to Enhanced Share Class laurth in Augur* 2017. Please see disclosures in the en:losedanachinems. Boothbay is a multi-strategy hedge fund, which seeks to generate absolute returns with low volatility and low correlations to traditional asset classes through all market conditions Best regards, Freddie Frederick Richardson Boothbay Fund Management 810 Seventh Avenue, 6th Floor New York, NY 10019 Plowered by Backstop EFTA00867046