European Portfolio Snapshot

Top 20 Clients Insulated from Changing Consumer Behavior SERVICE-ORIENTED LA FITNESS. Fas mart 7-ELEVEN. All top 20 clients fall into at least one category: ■ Non-Discretionary ☐ Low Price Point Service Retail Non-Retail RED LOBSTER FRESH FISH LIVE LOBSTER Note: Walmart represented by both Neighborhood Markets and Sam's Club. THE DEPOT HOME NON-DISCRETIONARY LIFETIME FITNESS amc THEATRES REGAL B&Q TSC TRACTOR SUPPLY CO Sainsbury's Walmart Neighborhood Market DOLLAR GENERAL DOLLAR TREE FAMILY DOLLAR Walgreens CVS pharmacy TESCO Kroger BJ's Sam's Club. LOW PRICE POINT REALTY INCOME FedExⓇ NON-RETAIL 39

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