Summary of Coverage Individual Life Insurance Coverage-on Leon Black- • Split-Dollar Entity: AIF IV Management, Inc. • Policy owner: Norman Brownstein, Trustee under the Leon D. Black Insurance Trust N1 dated September 13, 1999. • These policies' register dates are September 1999. Carrier Policy Number 4410)s et Cbverage Normal Annual Premium Account Value 12-31-12 —Wettish fastrander Value 12-ii -12 Siffli-rtisthit ' AtkanCt" 112-31-12 Prudential VI 016 844 $30,000,000 $502,335 $4,504,232.62 $4.504,232.62 $6,108,212 AXA Equitable 49 232 126 $15.000,000 $264,894 $2,053,540.91 $2,019,619.09 $3,172,980 Security Life of Denver 610014742 £,000 000 96.380 $584.170.30 5_576.482.80 $1.180,138 Total — Individual Life Insurance Coverage 00.000,000 5863.609 $7,141,943.83 $7,100,334.51 . S10,461,338 ',Second-to-Die, Wealth Transfer Life Insurance Coverage on Leon & Debra Blaek • Split-Dollar Entity: AIF IV Management. Inc. • Policy owner: Norman Brownstein, Trustee under the Leon D. Black Insurance Trust #2 dated September 13, 1999. • These policies, other than the Prudential policy, have a register date of April 28. 1999 in order to save Debra's insurance age. (Prudential utilizes "current age" vs. "closest age", therefore backdating was not necessary and the regis er date for the Prudential policy is 9/13/99.) Carrier Policy Number Amount or average? Normal Annual Premium Account Value 12-31-12 Net Cash Surrender Value 12-31-12 Split-Dollar Advance 1241-12 Prudential VO 001 958 $20,000,000 $179,595 S2,727,667.92 $2,727,667.92 S 2.304.955 New York Life 75 500 858 $20,000,000 S196.080 S3,081,046.27 $3,073,203.07 S 2,514,929 Pacific Life VP 6089 7390 $ 5.010.000 $ 33.218 $457,928.92 $457,928.92 S 424,480 John Hancock 20 039 301 $30.000,000 $359,022 $5,040,643.54 $5,040.643.54 S 4,622,974 AXA Equitable 49 232 123 664 9 4 2.638.569.80 2 627 947 Total Second-to-Dle Life Insur