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2017–18 Endeavor Catalyst Annual Report

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2012 2015 2013 2016 2014 2017 2018 $0 $5 $10 $15 $20 $25 $30 $35 $40 $45 42 Fund I: Portfolio Overview and Performance* ENDE AVOR CATALYST I AT A GL ANCE Total Capital Invested: $26.9MM Fair Market Value of Portfolio: $45MM Total Number of Investments: 48 Min Investment Size: $100K Max Investment Size: $2MM Median Investment Size: $500K Min Round Size: $5MM Max Round Size: $43. 5MM Median Round Size: $7.8MM Min Post-Money Valuation: $11. 5MM Max Post-Money Valuation: $227.8MM Median Post-Money Valuation: $32 . 5MM FMV INCREASE / DECREASE PER YEAR AND CAPITAL DEPLOYED OVER TIME, IN USD$MM STATUS OF ORIGINAL INVESTMENTS INVESTMENTS HELD AT COST BY AGE $4.9 $8.1 $12.1 $15.5 $25.9 $15.5 $24.0 $36.4 $44.0 $45 AT COST  FOLLOW-ON ROUND  SECONDARY SALE 2012-13  2014-15  2016-17 WRITE-OFF  E XIT 8% 4 Investments $3.5MM 12% 3 Investments $1.5MM 50% 24 Investments $12.2MM 25% 6 Investments $2MM 4% 2 Investments $750K 63% 15 Investments $8.7MM 29% 14 Investments $6.6MM 8% 4 Investments $3.8MM FMV NET INCREASE DUE TO EVENT  CAPITAL DEPLOYED OVER TIME  FULLY DEPLOYED $26.9 * All charts are inclusive of the first six investments made exclusively by Endeavor Catalyst Philanthropy. Endeavor Catalyst Philanthropy is a fund capitalized by charitable donations only. Note: Our investment cap has increased over the years from $500K in 2013, to $1MM in 2015, and $2MM in 2017. This cap was not in place for the first six Endeavor Catalyst Philanthropy only investments.

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