CAPITn" ACQUISI1 III Capitol Acquisition Corp. III (NASDAQ: "CLACU") DB acted as joint bookrunner on the IPO of Capitol Acquisition Corp. III, the third and largest SPAC for Mark Ein who previously successfully created two public companies (Lindblad Expeditions and Two Harbors) using the SPAC structure in a variety of market environments Key management Name Position Mark D. Em Chairmen & CEO L. Dyson Dryden President& CFO Allhoidur H. Saomundason Vice President Deutsche Bank Corporate Banking & Securities $325 million IPO Summary IPO terms Pricing date: Transaction size: Securities offered: Amount held in trust: Sponsor "at risk" investment: Sponsor promote: Offering fees: DB Role: CAPITOL ACOUISITIONIII October 13. 2015 $325 million (includes $25mm greenshoe) 32.5 million units - each consisling of 1 share of common stock and 1 warrant (exercisable for 1 shared common stock) Equal to 100% of offering proceeds $S 3 million investment in warrants at $1.00 per worrant (direct purchase of 8.3 millionwariants) Shams issued to sponsor at formation equivalent to 20 0% of common equity ownership post - public raise 5.5% including 3.5% deferred fees Joint bookrunner Investment highlights 0 0 0 O Successful experience in gelling fundamental investor participation and closing bock-end businesscombination • Increased size improves trading dynamics for post-deal public company (e.g. increased float. liquidity etc.) • Increases likelihood of index inclusion and research coverage median market cap of a Russell 2000 company is ^5700mm Cohesive learn with long working relationships. complementary skill sets and diverse not/rods Socotra team has strong track record in ermine public acquisition company businesscombinations Proactive deal sourcerg and create° thinking to generate proprietary. off- market imesimerils Capitol Acquisition Corp. overview Capitol Acquisition Corp. III (Capitol') is a blank check compan