Investor Presentaiton

BENEFITS TO BUSINESS OWNERS Non-Voting Preferred Equity Long-Term Capital Partner Tax Efficient Lower Participation in Growth ✓ Allows the entrepreneur to continue to run their successful businesses with minimal interference by Alaris ✓ Alaris does not require an exit ✓ This allows the entrepreneur to focus on long-term goals rather than short-term goals of its equity sponsor ✓ The distributions paid to Alaris are essentially pre-tax as they lower the taxable income of remaining partners ✓ Alaris reduces its participation in the growth of the business through the use of collars on its distribution and by basing the performance metric on the organic change in the business versus total growth ALARIS VERSUS OTHER SOURCES OF CAPITAL: WHY CHOOSE ALARIS? Debt Operating Control ✓ None 3-5 years ✓ Minimal Traditional Private Equity Needs control 3-6 years Full carry Alaris None ✓ Indefinite ✓ Capped Warrants Deal Fees > Yes ✓ Unlimited Preferred shares ✓ No > Common equity > Yes Time Horizon Growth Participation Future Funding Dilution Maxes out > Maxes out ALARIS EQUITAINERS CO ALARIS' IDEAL PARTNER CRITERIA Old Economy Business Required services or products in mature industries ✓ Businesses with a risk of obsolescence or a declining asset base are not a good fit Track Record of Free Cash Flow Low Levels of Debt and Capital Expenditure Requirements Management Continuity Alaris looks at historical free cash flow to predict sustainability of its distribution More free cash flow is required if a business displays more volatility of cash flows ✓ Debt levels can vary amongst our Partners depending on industry, but typically a business must have low levels of debt in its capital structure ✓ If a business requires excessive capital expenditures to maintain current cash flow it is likely not a candidate for Alaris ✓ Alaris does not manage the business of its Partners, therefore it relies on the ownership group/management team to continue to run the business ✓ Alaris invests in companies that are "not for sale", where management wants to stay in and grow instead of exiting ALARIS EQUITY PARTNERS INCOME TRUST 11 12 6

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