HOBUS133 Alpha Group Capital Hudson Bay Fund LP Hudson Bay International Fund Ltd. Fin» Overview H..I&3on B.3/ (.3artst Mw..4jernent LP is a manager Ot s;ternstive oppo, ;n the global markets targeting traditional and non-tracktion sources of alpIia by employing a diverse set of catalyst-driven absolute return strategies that are intended to be uncorrelated to each other and to the mar indices. Our multiple portfolio teams invest across the corporate capital structure and often trade around or in conjunction with an event or catalyst in an effort to exploit market inefficiencies. Founded in December 2005, with Sander Gerber æ Chief Investment Officer, the firm has 73 employees, inducing 39 investment/risk professionals, who seek to achieve persistently Dositive returns while maintaining a focus on risk management and capital preservation. Investment Profile • Catalyst driven tracing-oriented firm that invests across multiple strategies. irxiudng convent* arbitrage, merger and event-driven arbitrage, longIshort equity, volatility tradng and credit • Diversrfied portfolio conxirised of a series of independent investment ideas that are designed to be uncorrelated to each other and market indices • Disciplined investment process which generally seeks to hedge at the position level to minimize risk. • Integrated risk management throughout the entirety of the portfclio constrt;ction press and at &l levels of the Firm. • Dynamo allocation of capitS across multiple strategies based on the bottom-up evaluator- of specific trade opportunities within the context of the overall macro environment. • Collaborative culture that allrors for Alpha generation at the intersection of stiateges • Focused on achieving persistent profitability and preservation of capital. Performa nce listory Hudson Bay Fund LP — Net Monthly Performance 2018 Jan 0.88% Feb 1.01% Mar 0 23% Apr 0 529, May 1 15% Jun 060% Jul 0.17%, Aug Sep Oct Nov Dec Year