1. Mason Hoehn, John Wancowicz, Kenneth Goins, Peter Merritt T Rowe Price Presentation May 2012 Wanc Mason LLC.

2. How We Did Starting Amount Final AmountRegional Finish Percentage of Growth Wanc Mason LLC. 100,000116,1652116.17% Team A100,000111,4055511.4% Team B100,000114,0083514.01% Team C100,000105,5891055.589% S&P 5001,3451,398N/A3.94%

3. Our Stocks Nike Under Armour Madison Square Garden Anheuser-Busch Apple Qualcomm Pepsico (Sold on 2/16)

5. Nike Inc.

6. What They Do Create and Manufacture Performance Apparel for Athletics The official sponsor of NFL equipment Create and Manufacture numerous college teams’ apparel Manufacture Jerseys for many teams at all levels Manufacture Sports equipment for sports such as football, baseball and lacrosse They have a whole golfing line of apparel, clubs, and balls

7. Why Nike? Has Many different seasonal lines which are released at different points of the year Creates a constant revenue stream Buy what you know Nike products are everywhere Stock has been constantly growing over past two years New NFL Equipment Deal

8. Nike vs. The Competition CompanyStarting PriceClosing PricePercent Gain/Loss Nike102.82110.397.36% Under Armour77.5895.5323.14% Adidas57.3058.483.68% S&P 5001325.541398.083.94%

9. Nike vs. The Competition

10. The Madison Square Garden Company - MSG John Wancowicz

12. Reasons for Investing Location Media Madison Square Gardens Linsanity Other venues held by the company

13. Comparison Bought - $32.91 End of the Game - $34.65 Gain of 5.276% S&P 500 (^GSPC) – 3.43% Disney (DIS) – 3.09%

14. MSG vs. The Competition

15. Anheuser-Busch InBev

16. BUD Anheuser-Busch is a major brewing company in the US Operate 12 breweries domestically Operate 18 breweries internationally Formerly operated 10 theme parks across US through 2009 Oversees brands such as Budweiser, Bud Light, Busch, Michelob, Natural Light, etc

17. Our Logic Buy what you know Huge advertiser for Super Bowl – funny commercials, good exposure Bud Light Platinum – new product, target new audience Historically, graphs show increase in company value at this time of year Warm weather coming? Spring time? Spring Break? Somewhat of a growth investment Read many articles by educated investors saying good investment

18. VS. TAP & S&P

19. Click Clack! Under Armor

20. UA Background Founded in 1996 and is headquartered in Baltimore, Maryland. Engages in the design, development, marketing and distribution of apparel, footwear and accessories for men, women and children worldwide. The apparel comes in three types: compression, fitted and loose. Made to be worn in hot or cold temperatures.

21. UA Background continued.. The footwear includes: football, baseball, lacrosse, softball and soccer cleats. Slides, performance training footwear, running footwear, basketball footwear, and hunting boots. The accessories include: baseball batting, football, golf, and running gloves. Team uniforms, baby and kids apparel, eyewear and custom molded mouth guards, hats and handbags are also sold.

22. Why we invested in UA They sell products for pretty much every sport, which enables them to make much profit. They haven’t been around as long as their competitors, but they are slowly getting bigger. As you can see from the many commercials that they have made, sports teams they have sponsored, etc. They are creating more products to outdo their competitors.

23. Top competition.. ADDYY.PK – Adidas AG COLM – Columbia Sportswear Company NKE – Nike Inc.

24. Performance From Feb 2 – May 1 2012 UA went up about 25%, while the S&P 500 only went up about 3.5%. Nike went up about 5% Columbia Sportswear went up about 5% Adidas went up about 7% (Not shown in graph)

25. VS. S&P, Nike and Columbia Sportswear

26. Lessons Learned BUY WHAT YOU KNOW Everyone is intelligent – you have to have your own reasons for investing Be confident. Buying when everyone is selling and vice versa takes guts Growth investments and active management is risky and dangerous. Diversify