EFTA00605874

PHAIDON GOVERNANCE STRUCTURE CHART 10.28/15 As of November 1, 2015 KEY: Trustees ------- ----- ------ JMB 2011 • ASB 2011 •I Beneficiaries s' BEB 2011 • • ( ( VRB 2011 • • Truman • •• Trust*** -% • Trust*** • r Nlanagers/Officers • Trust*** o ------ 'Original Owner *BC. Mt RR ---------- . . - • DRB. BEB. JNIB. ASB. VRB re Black Famly 1997 Trine. % e' LDB 2011 LUC (DE)t _% •• • f Manage,: Beard6/bl ••DRB. BC. JH. RR • - (NYr*I . . r r: timber Managed BEB. DAB. ASB. VRB. DRB I Decanted June MI ♦ • Purchased by APOI lune 20I4 ***BC. JH. DRB. UST Admin BEB. JMB. ASB. VRB C APO2 Trust (NY)* SO,3‘ APOI Trust (NY)* 14.93% 4.48% 1997 GST EX Trust (NY)** Leon Black 100% 4 • ♦ 111.2 LLC (DE) JMWT LLC DE) Manager: HI Manager: LDB • PAST LLC (DE) 99.9% 0.1% Manager BC PHAIDON GLOBAL LLC (DE) 100% Regan Media Manager: JMWT LLC Inc. 100% loos 75% 25% Regan Ans LLC (DE) LitKit LLC (DE) 99.9% 1 PHAIDON LLC (DE) Board of Mgrs: JMWT Board of Mgrs: JMWT AS Holdings Ltd. Formerly: !WAIT Mgr LLC LLC. JR LLC. JR (Bermuda, Manager: JMWT LLC Manager: PAST LLC 0.1% Officer EA ()rig. Members: JMWT LLC — Leon Black PLB LLC - Debra Black JMWT Acquisition LLP (UK) Current Members: Phaidon Global. Phaidon LLC 100% Managing Member: Phaidon LLC 100% ARSP LLC (DE) Directors: LDB, BJW Manager: Keith Fox 1MWT Topco Limited (UK) 100% 100% TIF Anspace LLC (DE) 1MWT Midco Limited (UK) Directors: LDB, BJW Manager: Keith Fox 100% Directors: LDB, DRB, JMWT Li nited (UK) BJW 100% Directors: KF, PR, JBC, Phaidon Press Limited (UK) BJW, BEB, BC Phaidon Press Phaido I Press Phaidon Press Phaidon Press Phaidon Press MRL (UK) Phaidon Press Inc. Gitlin Sarl Srl KK (Australia) (Germany) (France) (Italy) (Japan) EFTA00605874