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This material is provided in response to your request for information and is based on confidential information and data. This material has been prepared solely for informational purposes, and is not appropriate and may not be used for any other purposes. Any analysis set forth herein is a prospective estimate based upon certain assumptions, should not be considered a bid, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy, or an estimate of any bid or offer price at which MerSan Capital Holdings, LLC (together with its affiliates, "MerSan") or any other buyer might be willing to execute a transaction. Any analysis set forth herein may have been generated using a third-party vendor's model, a MerSan model or a combination thereof based upon third party and/or internal MerSan data. If an offer of securities is made, it shall be made to eligible investors pursuant to the offering memorandum prepared by or on behalf of the issuer which would contain additional information not contained herein including risk factors and tax consequences, and which shall supersede this information in its entirety. MerSan is not a broker dealer and does not offer tax or legal advice. Please consult your tax adviser or legal counsel for assistance with your specific needs. This web site does not represent an offer of or a solicitation for any services.

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