Investor Presentaiton

Venture Market VENTURE-BACKED EXITS BY YEAR Number of Deals 900 800 779 726 711 700 600 502 492 482 500 394 372 400 300 200 117 125 81 77 85 50 49 39 58 100 12 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD IPOS M&A Deals EXIT TIMING BY YEAR Years to Exit 98765432 1 8 7 7 7 7 7 6 A 6 A 6 5 6 5 6 6 5 5 5 5 5 4 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD <IPO M&A Source: PWC-Money Tree Report, National Venture Capital Association (NVCA) 36

View entire presentation