Spyglass Investment Strategy Overview slide image

Spyglass Investment Strategy Overview

10 Portfolio Companies Revenue Growth Spyglass Portfolio Companies Average Annualized Revenue Growth 2019-2023 100% Portfolio Average Annualized 80% Revenue Growth: 27.5% 60% 40% TRANSDIGM WILLSCOT GROUP INC. 20% ΑΡΙ 0% GROUP VAIL RESORTS GoDaddy Shift4 PAYMENTS AMG lyn splunk> 1 -20% BUCKET 1 Avg. Annualized Revenue Growth: 9.3% As of September 30, 2023 exact sciences PROCORE DATADOG ascendis five BELOW Roku A APPLOVIN pharma Spotify PURESTORAGE affirm Globale NUTANIX paloalto MEDPACE DOORDASH sweetgreen BUCKET 2 26.1% Spyglass portfolio companies' average annualized revenue growth rate from 2019 to 2023 by buckets and for the portfolio as of September 30, 2023. Source: Bloomberg. For illustrative purposes only. BUCKET 3 49.5% 13
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