Seeding & Incubation DIFFERENTIATED PARTNERSHIP MODEL CURRENT PARTNERS SALES/EXITS Over its history, M.D. Sass started, helped grow and, ultimately, sold its stakes in the following businesses. HighTower Advisors, LLC (Wealth Management Platform) Ascent Real Estate Advisors, LLC (Real Estate Mezzanine Lending) Waterfall Asset Managment, LLC (Asset Backed Securities & Non-Performing Loans) Crow Point Partners, LLC (Telecom/Utilities) M.D. Sass Tax Advantaged Bond Strategy (Muni-Treasuries) Real Estate Capital Partners (Direct Real Estate) Chase & M.D. Sass Partners (Corporate Cash Management) Sass-Southmark Funds (Equity, Fixed Income & Balanced Funds) Form CRS

About Us OUR STORY EXECUTIVE COMMITTEE THE SASS FOUNDATION Martin D. Sass - Founder, Chairman of the Board & Chief Executive Officer - Partnered in start-up of 34 investment management businesses and strategies. Executed sales of businesses with approximately $35 billion in AUM - Director of Taurus Funds Management Pty Limited and New Holland Capital Pty Limited - Began investment career in 1963 - Chairman of The SASS Foundation for Medical Research, Vice Chairman of the Brooklyn College Foundation and Chairman of its Investment Committee and Founded M.D. Sass Investment Institute. B.S. Brooklyn College - Previously, President and Chief Investment Officer of Neuwirth Management and Research Corporation and founder and director of Argus Research Corporation’s Special Situations Division Ari D. Sass, President - 17 years of investment management experience with M.D. Sass - Director of The SASS Foundation for Medical Research - Previously, CEO and Co-Founder of Insound, LLC, Manager of Finance at Elektra Entertainment Group and various positions at Bear Stearns and Deloitte and Touche - M.B.A. New York University, B.A. University of Michigan Bobby Liu - Senior Vice President, General Counsel & Chief Operating Officer - 24 years of legal and investment management experience. 16 years with M.D. Sass - Previously, General Counsel of Och-Ziff Capital Management Group and an Associate at Cleary, Gottlieb, Steen and Hamilton - J.D. New York University, B.A. State University of New York at Binghamton Sam Friedman, CPA - Senior Vice President, Chief Financial Officer - 15 years of investment management and related experience. 5 years with M.D. Sass - Previously, Head of Financial Reporting of Och-Ziff Capital Management Group and a Senior Accountant with RSM US, LLP - B.S. University of Maryland, College Park Form CRS