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Assume that Incyte Corporation doesn't pay a dividend. End of Year Stock Price Return 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016

Assume that Incyte Corporation doesn't pay a dividend.

End of Year Stock Price Return
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 $11.98 $2.93 $10.68 $14.74 $17.70 $16.61 $18.38 $65.52 $79.71 $70.56 $121.21 - -75.54% 264.51% 38.01% 20.08% -6.16% 10.66% 256.47% 21.66% -11.48% 71.78%

The sum of squares equals 11.439273469.

If you purchased this stock at the end of 2006 and sold it at the end of 2014, your annualized return would be:

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3,841,031.03%

26.73%

-21.09%

30.18%

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