Investor Presentaiton

TRANSFORMING TO A NEW BUSINESS MODEL IS DELIVERING SUSTAINED GROWTH REVENUE (IN MILLIONS) $659 $729 $801 OPERATING INCOME (IN MILLIONS) ADJUSTED OIBDA 1,2 (IN MILLIONS) $39 $56 $136 $98 $86 $76 2015 2016 2017 2015 2016 2017 2015 2016 2017 1 Reconciliation to Operating income can be found in the appendix of this presentation 2 A definition of Adjusted OIBDA, which excludes stock-based compensation expense, and a reconciliation to Operating Income can be found in the appendix to this presentation 34

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