Fast Facts on … Incorporating in Delaware BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Fast Facts on … Incorporating in Delaware @directorpoint Source: https://goo.gl/YLWtnA

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Delaware's corporate law offers businesses some of the best options for privacy, convenience, and structural flexibility in the United States. 1 @directorpoint Source: https://goo.gl/StjwmB

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Over 50% of all publicly traded companies in the United States are incorporated in Delaware. 2 @directorpoint Source: https://goo.gl/yZF51R

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M The board of a Delaware corporation can set their own price on shares of stock available for sale. 3 @directorpoint Source: https://goo.gl/TA1GZ2

63% of Fortune 500 companies are incorporated in Delaware. BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M 63% of Fortune 500 companies are incorporated in Delaware. 4 @directorpoint Source: https://goo.gl/yZF51R

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M A Delaware corporation may have as many board members as it needs as long as the total number of members is included in its certificate of incorporation. 5 @directorpoint Source: https://goo.gl/HP6goP

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M There is no state corporate income tax if you do business outside of Delaware. 6 @directorpoint Source: https://goo.gl/xzdYhY

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M A single person may serve as the entire board of a business incorporated in Delaware. 7 @directorpoint Source: https://goo.gl/HP6goP

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Shares are not taxed by the state if the stockholder does not reside in Delaware. 8 @directorpoint Source: https://goo.gl/xzdYhY

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Officers and directors are allowed more privacy as they are not required to provide their names or addresses on documents when filing for incorporation. 9 @directorpoint Source: https://goo.gl/HP6goP

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Delaware charges some of the lowest flat-fee franchise and LLC taxes in the country. 10 @directorpoint Source: https://goo.gl/JK4BzX

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Delaware does not set residency requirements for the boards of companies incorporating in the state. 11 @directorpoint Source: https://goo.gl/HP6goP

Delaware LLCs are not required to file an annual report. BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Delaware LLCs are not required to file an annual report. 12 @directorpoint Source: https://goo.gl/mhcCiv

BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T BOARD OF DIRECTORS MANAGEMENT SOFTWARE | D I R E C T O R P O I N T . C O M Venture capital firms prefer to invest in companies incorporated in Delaware more than in other states. Many even require Delaware incorporation. 13 @directorpoint Source: https://goo.gl/TA1GZ2