Centana Growth Partners: A Private Equity Firm Specializing in Growth Capital Investments Tiburon Research December 28, 2018

Centana Growth Partners Comments Founded in 2015 Founded by Eric Byunn, Ben Cukier, & Steven Swain Based in New York, NY 1 Fund $23 Million Assets Under Management Managing Partners: Eric Byunn, Ben Cukier, & Steven Swain Web site: www.centanagrowth.com Source: 12/10/18 American Banker; 3/10/17 Centana Growth Partners Reg D Filing; 12/15/16 Bloomberg Web Site; 12/15/16 Centana Growth Partners Web Site; 12/15/16 LInkedIn Web Site; 10/28/16 Centana Growth Partners Reg D Filing; Tiburon Research & Analysis 1

Centana Growth Partners History Centana Growth Partners was Founded in 2015 and Has Subsequently Evolved through its Fund Raising, Middle, & Recent Phases Centana Growth Partners History Centana Growth Partners Founded Centana Growth Partners Today Fund Raising Phase Middle Phase Recent Phase Approximate Dates: 2015 2015-2017 2018 2019 2019 Key Steps: 2015: Centana Growth Partners founded 2015: Raised fund #1 XXXX: -- XXXX: -- Source: 12/10/18 American Banker; 3/10/17 Centana Growth Partners Reg D Filing; 12/15/16 Bloomberg Web Site; 10/28/16 Centana Growth Partners Reg D Filing; 12/15/16 Securities & Exchange (SEC) Web Site; Tiburon Research & Analysis 2

Centana Growth Partners was Founded by Eric Byunn, Ben Cukier, & Steven Swain in 2015 Comments Founded in 2015 Founded by Eric Byunn, Ben Cukier, & Steven Swain Based in New York, NY Managing Partners: Eric Byunn, Ben Cukier, & Steven Swain Web site: www.centanagrowth.com Source: 12/10/18 American Banker; 6/12/17 Business Wire; 3/10/17 Centana Growth Partners Reg D Filing; 12/15/16 Centana Growth Partners Web Site; 12/15/16 LInkedIn Web Site; 10/28/16 Centana Growth Partners Reg D Filing; Tiburon Research & Analysis 3

Centana Growth Partners Has Raised XX Funds Including… Fund Raises -- -- -- -- -- -- -- -- Source: Tiburon Research & Analysis

Centana Growth Partners is Not a Frequent Advertiser Advertising Comments -- Source: Tiburon Research & Analysis 5

Centana Growth Partners Centana Growth Partners Centana Growth Partners Has a Web Site with Five Core Sections, Including About, Portfolio, Team, News, & Contact Centana Growth Partners Web Site Centana Growth Partners Web Site About Portfolio Team News Contact Source: 12/28/18 Centana Growth Partners Web Site; 12/10/18 Centana Growth Partners Web Site; Tiburon Research & Analysis 6

Centana Growth Partners is Not a Frequent Acquirer Acquisitions Comments -- Source: Tiburon Research & Analysis 7

Centana Growth Partners Has a Charitable Giving Program Comments -- Source: Tiburon Research & Analysis 8

Centana Growth Partners Has Two Offices, Consistent Since 2015 2016 = 12/15/16 Centana Growth Partners Offices 2015 = 12/15/16 Source: 12/15/16 Centana Growth Partners Web Site; Tiburon Research & Analysis 9 9 9

Centana Growth Partners Has Partners Needs data Centana Growth Partners Partners Source: Tiburon Research & Analysis 10 10 10

Centana Growth Partners Has Employees Needs data Centana Growth Partners Employees 1-10 employees (12/15/16) Source: 12/15/16 LinkedIn Web SiteTiburon Research & Analysis 11 11 11

Centana Growth Partners Has Raised One Fund Needs update Centana Growth Partners Funds 2017 = 3/10/17 2016 = 10/28/16 Source: 3/10/17 Centana Growth Partners Reg D Filing; 10/28/16 Centana Growth Partners Reg D Filing; Tiburon Research & Analysis 12 12 12

Centana Growth Partners Has Investors Needs data Centana Growth Partners Investors Source: Tiburon Research & Analysis 13 13 13

Centana Growth Partners Centana Growth Partners Has Investors Including… Centana Growth Partners Investors -- -- -- Source: Tiburon Research & Analysis 14

Centana Growth Partners Centana Growth Partners Has Raised $238 Million Assets, Up From $123 Million in 2016 Needs update Centana Growth Partners Assets Raised ($ Millions) 2017 = 3/10/17 2016 = 10/28/16 Source: 3/10/17 Centana Growth Partners Reg D Filing; 10/28/16 Centana Growth Partners Reg D Filing; Tiburon Research & Analysis 15 15 15

Centana Growth Partners Has Three Investments Needs update Centana Growth Partners Investments Source: Tiburon Research & Analysis 16 16 16

Centana Growth Partners Centana Growth Partners Has Investments Including… Possible: Alaia Capital; Blueprint Systems; Catalyst Repositioning Systems; Cloudmark; Jumio; Sentieo; Vena; One Centana Growth Partners Investments -- -- -- Source: 12/10/18 American Banker; 10/30/18 Business Wire; 9/16/18 Business Wire; Tiburon Research & Analysis 17

Centana Growth Partners Has Invested $__ Million Needs data Centana Growth Partners Investments ($ Millions) Source: Tiburon Research & Analysis 18 18 18

Centana Growth Partners Assets Under Management Centana Growth Partners Has Gathered $328 Million Assets Under Management, Up From $123 Million in 2016 Needs update Centana Growth Partners Assets Under Management ($ Millions) 2017 = 3/10/17 2016 = 10/28/16 Source: 3/10/17 Centana Growth Partners Reg D Filing; 10/28/16 Centana Growth Partners Reg D Filing; Tiburon Research & Analysis 19 19 19

Centana Growth Partners Has XX Portfolio Companies Needs data Centana Growth Partners Portfolio Companies Source: Tiburon Research & Analysis 20 20 20

Centana Growth Partners Centana Growth Partners Has Portfolio Companies Including… Centana Growth Partners Portfolio Companies -- -- -- Source: Tiburon Research & Analysis 21

Centana Growth Partners Generates Revenues Needs data Centana Growth Partners Revenues ($ Millions) Source: Tiburon Research & Analysis 22 22 22

Centana Growth Partners Earns $___ Million Needs data Centana Growth Partners Net Profits ($ Millions) Source: Tiburon Research & Analysis 23 23 23

Centana Growth Partners Provides a Number of Services, Including… -- -- -- -- -- Source: Tiburon Research & Analysis 24

Centana Growth Partners' First Service is _____ Comments -- Source: Tiburon Research & Analysis 25

Centana Growth Partners' Second Service is _____ Comments -- Source: Tiburon Research & Analysis 26

Centana Growth Partners Invests $5-to$30 Million Comments -- Source: 6/12/17 FIN Alternatives; Tiburon Research & Analysis 27

Centana Growth Partners Centana Growth Partners is Led by its Partners Eric Byunn, Ben Cukier, & Steven Swain Centana Growth Partners Organizational Chart Eric Byunn Managing Partner Steven Swain Ben Cukier -- -- -- -- -- Note: Eric Byunn co-founded the firm in 2015; he was formerly at FTV Capital; Ben Cukier co-founded the firm in 2015; he was formerly at FTV Capital; Steven Swain co-founded the firm in 2015; he was formely at Global X Management Source: 12/10/18 American Banker; 12/15/16 Centana Growth Partners Web Site; Tiburon Research & Analysis 28

Centana Growth Partners Has a Board of Directors Led by its Chairman… -- -- -- -- -- -- -- -- -- -- Source: Tiburon Research & Analysis

Centana Growth Partners is Privately Owned Centana Growth Partners LP: CIK #0001652549; Incorporated in Deleware Comments Centana Management, LLC:-- -- Source: 3/10/17 Centana Growth Partners Reg D Filing; 12/15/16 Securities & Exchange Commission (SEC) Web Site; 10/28/16 Centana Growth Partners Reg D Filing; Tiburon Research & Analysis 30

Centana Growth Partners Has Assets Needs data Centana Growth Partners Assets ($ Millions) Source: Tiburon Research & Analysis 31 31 31

Centana Growth Partners Has Liabilities Needs data Centana Growth Partners Liabilities ($ Millions) Source: Tiburon Research & Analysis 32 32 32

Centana Growth Partners Has Shareholders’ Equity Needs data Centana Growth Partners Shareholders Equity ($ Millions) Source: Tiburon Research & Analysis 33 33 33

Centana Growth Partners Earns … Per Share Needs data Centana Growth Partners Earnings Per Share Source: Tiburon Research & Analysis 34 34 34

Centana Growth Partners Declares … Dividends Per Share Needs data Centana Growth Partners Dividends Per Share Source: Tiburon Research & Analysis 35 35 35

Centana Growth Partners Has a … Dividend Yield Needs data Centana Growth Partners Dividend Yield Source: Tiburon Research & Analysis 36 36 36

Centana Growth Partners' Stock Price is … Needs data Centana Growth Partners Stock Price Source: Tiburon Research & Analysis 37 37 37

Centana Growth Partners Has … Shares Outstanding Needs data Centana Growth Partners Shares Outstanding Source: Tiburon Research & Analysis 38 38 38

Centana Growth Partners' Market Capitalization is … Needs data Centana Growth Partners Market Capitalization ($ Millions) Source: Tiburon Research & Analysis 39 39 39

Needs more complete data Centana Growth Partners Centana Growth Partners is Owned by Eric Byunn, Ben Cukier, & Steven Swain Needs more complete data Centana Growth Partners Ownership By Owner Source: 12/15/16 Bloomberg Web Site; 12/15/16 Centana Growth Partners Web Site; 12/15/16 LInkedIn Web Site; Tiburon Research & Analysis 40 40 40

Centana Growth Partners' Stock Volume is…. Needs data Centana Growth Partners Stock Volume Source: Tiburon Research & Analysis 41 41 41

Tiburon Strategic Advisors Comments Focus on corporate-level strategy Serve senior executives only at financial services companies Key services: market seminars, market research, & strategy consulting Served over 450 corporate clients and completed over 2,200 projects since 1998 Host semi-annual CEO Summits, offer free weekly research releases, and offer free business benchmarking tools for all types of advisors Chip Roame background McKinsey & Company Charles Schwab & Company Tiburon since 1998 Source: Tiburon Research & Analysis