HOME TEAM SERVICES INDUSTRIES TRANSACTIONS NEWS & EVENTS CONTACT US Complex Securities Valuations Business Valuations Complex Securities ESOP Valuations Estate and Gift Impairment Testing Portfolio Valuations Purchase Price Allocations Asset Valuations Transaction Opinions Transaction Valuations Complex Securities Valuations The McLean Group’s Valuation Advisory practice has over a decade of experience handling complex securities valuations. We custom-build each model to comprehensively capture the unique circumstances of every engagement. Moreover, our highly credentialed team understands the importance of appropriate documentation requirements, which vastly improves the audit turnaround time. Below are some recent use cases of the types of models required based on the nature of the security issued: BLACK-SCHOLES-MERTON & OPTION-PRICING MODELS Performance-Based Contingent Consideration Agreements Complex Capital Structures Digital Call Options with Fixed Value Payouts Convertible Debt Securities Restricted Stock with Service Condition Vesting MONTE CARLO SIMULATIONS & BINOMIAL LATTICES Path-Dependent Contingent Consideration Agreements Securities with Early Exercise or Down-Round Financing Provisions Preferred Equity with Sliding Scale Liquidation Preferences Restricted Stock or Options with Performance Condition Vesting Restricted Stock or Options with Market Condition Vesting Team Leaders RYAN BERRY MANAGING DIRECTOR Business Valuation Services SCOTT SIEVERS DIRECTOR Business Valuation Services SHARI OVERSTREET MANAGING DIRECTOR M&A and Valuation (Austin) Representative Engagements Related News ABOUT MCLEAN The McLean Group is a middle-market investment bank that provides objective strategic and financial advice on mergers and acquisitions, business & asset valuation, and growth capital to middle-market clients. INDUSTRY FOCUS Defense & Government Security Critical Infrastructure Maritime IMPORTANT LINKS Our Team Transactions Sells-Side M&A Buy-Side M&A Valuations Advisory Exit Planning CONTACT DETAILS 1660 International Drive Suite 810 McLean, VA 22102 703.827.0200 info@mcleanllc.com © 2021 The McLean Group. All rights reserved. Securities transactions conducted through McLean Securities, LLC, member FINRA/SIPC

HOME TEAM SERVICES INDUSTRIES TRANSACTIONS NEWS & EVENTS CONTACT US Meet Our Team We are here to help Selected Mergers & Acquisitions Engagements Selected Business Valuation Engagements ABOUT MCLEAN The McLean Group is a middle-market investment bank that provides objective strategic and financial advice on mergers and acquisitions, business & asset valuation, and growth capital to middle-market clients. INDUSTRY FOCUS Defense & Government Security Critical Infrastructure Maritime IMPORTANT LINKS Our Team Transactions Sells-Side M&A Buy-Side M&A Valuations Advisory Exit Planning CONTACT DETAILS 1660 International Drive Suite 810 McLean, VA 22102 703.827.0200 info@mcleanllc.com © 2021 The McLean Group. All rights reserved. Securities transactions conducted through McLean Securities, LLC, member FINRA/SIPC