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Investor Presentaiton

Debt-Like Protections Equity-Like Returns ALARIS REPRESENTS A UNIQUE ASSET CLASS .. Attractive initial cash yields with participation in growth through an annual adjustment Adjustment tied to top-line growth in the underlying business Exposure to market-leading businesses that are not otherwise accessible to traditional equity investors In the event its investment is repurchased, Alaris is entitled to receive a premium in addition to the return of its original invested capital Comprehensive set of rights and remedies Consent rights over material changes in the underlying business of the Partner Companies Non-payment of distributions constitutes an event of default Uncured remedies include the ability to assume a more active role in management, and if necessary, take voting control Ultimately, Alaris can require the repurchase of its investment or engage in a controlled sales process ALARIS EQUINS COST 25% Initial Stated Distribution Yield(1) Growth(2) Redemption Pre-Remediation. Remediated Premium(3) IRR Investments(4) Gross Realized IRR 4.3% 21.9% 20% 2.1% 15.5% 15% 10% 5% 0% (1) Reflects weighted average initial yield of realized investments (5.1%) 15.8% (2) Reflects IRR with impact of distribution adjustments and debt contributions (excludes Group SM, KMH and SHS) (3) Reflects incremental IRR achieved from redemption premiums (excludes Group SM, KMH and SHS) (4) Reflects impact on IRR from remediated investments (includes Group SM, KMH and SHS) BENEFITS TO UNITHOLDERS Five Pillars to the Optimal Income Stream Low Volatility of Cash Flows Alaris' preferred distributions are: based on top-line performance and paid in priority to other equity ✓ covered by a cash-flow buffer and protective covenants ✓ paid monthly providing monthly cash returns vS returns on an exit ✓ volatility reducing collars on >90% of current distributions Visibility of Cash Flows Alaris adjusts its distributions from Partner's annually and for 12 months Financial health of Partners is monitored closely each month ✓ The Trust has relatively low SG&A expenses relative to profitability which has proven the scalability of the model Diversification of Revenue Streams Currently have 17 Partners Long-term goal is to have no single revenue stream >10% of total revenue Liquidity For Unitholders ✓ Average daily trading volumes provide adequate liquidity for unitholders Growth in Cash Flow Per Unit ✓ Historic organic growth in Partner revenues of 1% to 6% per year Add to cash flow per unit through accretive capital deployments ALARIS EQUITY PARTNERS COME TRUST 10 5 9
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