EFTA Document EFTA01369693

Key management Name Inman Feititta Co-Chairmen 8 CEO Richard Handler Co-Chairman 8 President Richard Liem CFO 8 VP Sponsor investing experience 4 savoys^ ' ' git rut ilk/Was' s Not 1.14":1 .Wriikfe Yet•eins • MPG 2 Fxcm aNational Bad TilE W ESTIN 1( ), Hilton Deutsche Bank Corporate Banking Z. Socuraies Landcadia Holdings, Inc. (NASDAQ: "LCAHU") $250 million SPAC !PO Landcadia Holdings offering terms Pricing date Transaction size Securities offered Amount held in trust: Sponsor "at risk" Investment: Sponsor ownership: DB role: Landcadia Holdings, Inc. May 25, 2016 $250 million 25 million units - each unit consisting of 1 share of Class A common stock and 1 warrant to purchase has a share of ClassA common stock Equal lo 100% of offering proceeds 57.0 million investment in warrants at $0 .50 per warrant (purchase of 14.0mm warrants) Shares issued to sponsor al formation equivalent to 20.0% of common equity ownership post - public raise Joint bookrunner (highest economics) Strategic alliance Landcadia s spon6nrs sh.no sambr,- invesinient pinIottophy focused on Identifying undervaluedassets through proton:ion of fire business fundanientus and the opportunity for operations( antler capital structure improvements I t I • I - Experience in creating value through operational initiatives - Resources and expertise for ptatform and add-on acquisitions Deep industry knonledge with extensive network of contacts Source: Company Nods Landoadpa Holdings. Inc. Leticadm Transaction overview - Intends to find a target in the dining, hospitality, entertainment and gaming sectors in the US - Management learn led by Taman Riddle. sole shareholder. Chairman a CEO of Fortifier Enlodainment Inc. (FEI) and Richard Handler, CEO of Leucadia National Corporation and its largest operating subsidiary. Jeflenes Group LLC - over 50 years of collective operating and investing experience across multiple sectors. most notably in ruslaurants - under Fertittas leadership, FEI has executed over 20 acquisitions since the formation of the company and generated sales in excess of $3.2bn in 2015 Potential benefits to Landcadta: - opportunity to leverage deep industry /transaction knovAedge to scale businesses and maximize full grovah potential - alignment of interests with a significant slake lied to the future performance of the Company in an all-Nock or stookfcash business combination - opportunity to monetize proprietary deal flew - potential monetary benefits from appreciation of any stock that may be received in the initial business combination Transaction benefits to potential target / sellers 0 sots Itucadla National G O Corporation - Global reach and braid knonledge base - Access to proprietary deal flow M&A, value investing and corporate finance expertise 0 Partnership valh the Landcadia team including access to its global network and opendionattlinancial expertise Potential for owners to receive stock in the initial business combination and create substantial liquidity and realization of value through publicly traded securities of Landcadia "Fast track' to becoming a Nasdaq listed company while minimizing disruptions to the Company and its employees Access to US capital markets and a public currency that can be used to fund acquisitions and organic expansion Abely to structure a transaction to meet specific target needs 6 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL SDNY_GM_00208307 DB-SDNY-0062123 EFTA01369693