Disclaimer

DISCLAIMER

The information set forth herein regarding Lingerfelt (“Lingerfelt” or “we” or “our”) (collectively, this “presentation”) has been prepared for information purposes only and may not be used or reproduced for any other purpose. This presentation does not constitute a commitment by any party, including, but not limited to, Lingerfelt to consummate any transaction or an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. This presentation does not purport to be complete. This presentation does not constitute or create a binding commitment by any party with respect to any Potential Transaction. No legally binding obligations will be created with respect to a Potential Transaction unless and until definitive agreements are executed and delivered by all applicable parties.

This presentation is confidential and is intended solely for the information of the person to whom it has been delivered and must not be acted or relied on by persons other than such person. This presentation may not be reproduced or transmitted, in whole or in part, to third parties except as agreed in writing by Lingerfelt.

Certain information contained in this presentation constitutes “forward-looking statements,” which can be identified by the use of forward-looking terminology such as “may,” “will,” “should,” “expect,” “anticipate,” “target,” “project,” “estimate,” “intend,” “continue,” or “believe,” or the negatives thereof or similar references to future periods. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward- looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The information contained herein represents Lingerfelt’s current expectations; however, Lingerfelt’s plans and policies in this respect may change in the future.

Any forward-looking statement made by us in this presentation is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward- looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise. Any statements of opinion constitute only current opinions of Lingerfelt, which are subject to change and which Lingerfelt does not undertake to update.

Past performance is not necessarily indicative of future results and there can be no assurance that results similar to those presented herein will be achieved (because of economic conditions, the availability of opportunities or otherwise). Any information regarding prior results contained herein has not been calculated using generally accepted accounting principles and has not been audited or verified by any auditor or any independent party.

Nothing contained herein should be construed as legal, business or tax advice. You should consult your own attorney, business adviser and tax advisor as to legal, business, tax and related matters concerning the information contained herein.

This presentation has not been approved by any regulatory or supervisory authority of any federal, state, or other jurisdiction, nor has any such authority passed on the accuracy or adequacy of this presentation. The information contained herein is subject to correction, completion, verification and amendment. Any representation to the contrary is a criminal offense.

Important Information Regarding Portfolio Holdings in This Presentation

The portfolio holdings described in this presentation (each, a “portfolio holding”) do not constitute an offer to sell or a solicitation of an offer to buy securities in any jurisdiction. The information set forth regarding the portfolio holdings does not purport to be complete.

The portfolio holdings described in this presentation represent of all investments that we have made as of the current date of this presentation (collectively, “Past Investments”). It should not be assumed that any of Past Investments discussed were or will prove to be profitable, or that decisions we make with respect to any future portfolio holding will be profitable or will equal the investment performance of the Past Investments discussed herein.