Brookside Flavors & Ingredients, LLC

Consumer

Brookside Flavors & Ingredients, LLC was formed by BEP in partnership with industry executives, Nick Nikola and Bill Gambrell, with the purpose of building a full spectrum flavor and ingredients company through the acquisition of small and midsize flavor companies and through internal development of new lines of business. BFI provides an alternative to owners who do not want to sell to large flavor houses and want to continue to be involved in the flavor businesses. Brookside's experience in the flavor industry began in 1996 when certain of its principles invested in Geneva Ingredients, Inc. Through organic growth and subsequent acquisitions, and with the help of Mr. Nikola, the team grew the company to be a diversified developer and manufacturer of sweet and savory flavors. Brookside Equity Partners is the lead sponsor.

These companies are shown to illustrate the industries and sectors in which Brookside Equity Partners LLC ("BEP") has invested. The information provided herein should not be considered a recommendation to purchase or sell any particular security. There is no assurance that any securities discussed herein will remain in the portfolio at the time you receive this report or that securities sold have not been repurchased. The securities discussed do not represent the entire portfolio and in the aggregate may represent only a small percentage of the portfolio holdings. Upon request, Brookside Equity Partners will provide a complete list of all investment recommendations it has made within the immediately preceding year.

It should not be assumed that any of the securities transactions or the holdings discussed were or will prove to be profitable, or that the investment recommendations or decisions we make in the future will be profitable or will equal the investment performance of the securities discussed herein. Past performance is not indicative of future results. The representative portfolio companies exclude investments in committed funds, venture capital investments with enterprise valuations less than $1 billion, private equity investments of less than $1 million and credit opportunities.