Acquisition ture Ass ptions Acquisition Premium Equity Issuance Discount (to Current Price) % Debt Financing % Equity Financing Acquirer and Target Assumptions 20% 5% 20% 80% Amazon Snap Acquirer Target Share Price ($/sh.) $3,099.40 $44.29 Fully Diluted Shares Outstanding (MM) 518 1,734 Net Debt $66,884 -$496 FY + 1 Normalized Net Earnings $23,688 -$581 $69,825 $334 FY+1 Normalized Cash Flow Pro Forma Adjustment FY+1 Normalized Net Earnings FY+1 Normalized Cash Flow Pro-Forma Net Debt -$3,134 $642 $85,595