LionTree Investment Banking Pitch Book

FY 2017E Plan Comparison ($mm) Revenue Motion Pictures % Growth Television % Growth Total Revenue % Growth Gross Contribution Motion Pictures % Margin Television % Margin Total Gross Contribution % Margin % Growth EBITDA Reported by Luna (incl. equity gains) % Margin % Growth LionTree Source: Luna management Note: 1) Other revenue and cost items not shown Draft Working Materials - Subject to Change March 2016 Plan 1,938 1,016 2,954 298 15.4% 128 12.6% 426 14.4% 302 10.2% June 2016 Plan 1,874 979 2,853 267 14.2% 116 11.8% 383 13.4% 251 8.8% Difference (New - Old) ($ Value) (64) (37) (101) (31) (12) (43) (51) (% Value) (3.3%) (3.7%) (3.4%) (10.4%) (9.6%) (10.2%) (17.0%) 83

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