1. CAIC (Cash Accumulation Insurance Contracts) Available through Geneva Media Holdings, LLC

2. T H E C A S E S T U D Y In simple terms, how does CAIC work? Cast and crews are bonused a salary The salaries “double” state film tax credits A “restriction” is placed on each salary bonus Restrictions are removed at “break even” This provides loan collateral and liquidity CAIC also insures a cast and crew’s families (from disability and death)

3. Srvs. Credit = $ 18,750,000 Picture Sub. = $ 18,750,000 Labr. Credit = $ 18,750,000 C.T.C. = $ 15,000,000 F.R. = $ 13,750,000 C.V. = $ 75,000,000 All Collateral = $ 150,000,000 $150M LP $75,000,000 Negative Cost Insurance Cost CAIC $300M FACE AMOUNTS $75M CASH VALUES $75,000,000 Negative Cost LP spend: $75,000,000 Negative Cost Studio spend: $150M Slate 25% Profits75% Profits 100 % break-even for bank or equity facility Retain F. A. + $ 300,000,000 ( FAMILIES PROTECTED W/ $300M IN BENEFITS) Hit films? C.V. $ 150,000,000 ( FAMILIES AND FUND RUNNERS RETAIN $150M) If the film facility breaks even, the fund keeps $150,000,000! M.G.A. = $15M to $ 30,000,000 T H E C A S E S T U D Y

4. 100% SAFETY regardless of box office or ancillary sales! T H E C A S E S T U D Y

5. The Crew ♀♂ ♀♂ $ TAX FREE CASH TO FAMILY The Funding Entity: Pension Funds, V.C.s Hedge Funds, Banks, Private Equity, but NOT a film studio! Single Picture LLC Single Picture LLC The Funder $ $ $ $ $ $ $ $ $ $ Collateral Protection Media Mitigation Holdings, LLP Who owns the CAIC --so it qualifies as deductible? The Funder $ $ $ $ $ $ $ $ $ $ TAX NEUTRAL CASH TO FUNDER T H E C A S E S T U D Y The Crew ♀♂ ♀♂

6. The Crew ♀♂ ♀♂ The Funder $ $ $ $ $ $ $ $ $ Who owns the CAIC --so it qualifies for perfection? T H E C A S E S T U D Y Media Mitigation Holdings, LLP CAIC 98 % L.Partners Crew exchanges a partial Collateral Assignment of the Cash Accumulations for a L.Partners’ interest Policyowner Major Bank 1 % G.P. Owner Film LP Bank / Funder G.P.s control the Collateral Assignment and all Cash Accumulation A+ Insurer $ $ 1 % G.P. Owner 1 + 1 % G.P.

7. A+ Insurer Major Bank C a s t and Crew Labor & Serv Costs Families Slate Fund Studio / Network $ $ 35%- 65% Tax Credits! $ CAIC $$$$ $$$ $$ $ $ SAFETY! T H E T O O L 50% Insurance Premium Costs Film LP Hedge Fund

8. 25% to 35% tax incentives for financial service costs (including L&H and P&C insurance premiums and banking fees) from all qualified lenders or carriers that are commercially domiciled in over 20 states (GA, LA, IL, FL, NM, PA, CT, CA) Productions in a number of U.S. states (and Canadian provinces) also offer: 25% to 65% qualified production labor credits; and an additional 2% to 12% additional labor incentives, or for filming in areas of economic impoverishment T H E T O O L

9. What does the structure achieve? Protects media investors from loss Helps increase capital at major studios Provides true, film/TV slate, risk mitigation Creates millions in new media spending Provides loan collateral and liquidity Protects the film’s cast and crew T H E T O O L

11. What is the legal basis of the CAIC structure ? IRS tax code 264(a)(1) – L&H cost deductions Simple employee insurance benefit (162 Bonus) Restrictive Executive Benefit Agreement (REBA) 50 years of proven COLI, BOLI and NQDC contracts IRS tax code 181 and 199 film tax deductions US and Canadian theatrical film tax credits T H E T O O L

12. Year States with Film Incentive Program Incentive Amounts Offered 1999 and earlier 4$2 million 20004$3 million 20014$1 million 20025$1 million 20035$2 million 20049 $68 million 200515 $129 million 200624 $369 million 200733 $489 million 200835 $807 million 200940 $1.247 billion 201040 $1.396 billion 201137 $1.299 billion Source: Tax Foundation.org, Movie Production Incentives US

13. T H E T O O L Year States with Film Incentive Program Incentive Amounts Offered 1999 and earlier 4$2 million 20004$3 million 20014$1 million 20025$1 million 20035$2 million 20049 $68 million 200515 $129 million 200624 $369 million 200733 $489 million 200835 $807 million 200940 $1.247 billion 201040 $1.396 billion 201137 $1.299 billion Source: Tax Foundation.org, Movie Production Incentives U. S. FILM TAX INCENTIVE AMOUNTS ARE STILL GROWING: $2B+ IN 2013. US

14. T H E T O O L Source: Weiss Research, American and Canadian L&H Company ratings, May 2012

15. T H E T O O L CALIFORNIA

16. T H E T O O L ILLINOIS

17. T H E T O O L GEORGIA

18. T H E T O O L LOUISIANA

19. T H E T O O L PUERTO RICO

20. T H E T O O L FLORIDA

21. T H E T O O L TEXAS

22. T H E T O O L NEW MEXICO

23. T H E T O O L PENNSYLVANIA

24. T H E T O O L CONNECTICUT

25. Geneva Media Holdings LLC : (a risk mitigation consulting firm established in California in 1989, and incorporated in 1994) 9171 Wilshire Blvd #670, Beverly Hills, CA (424) 666-8769 We support accounting, financial, legal and tax advisors Offices; Beverly Hills, CA. Lake Forest, IL (100+ partners) We are top underwriters and experienced in working with: –Media verticals (e.g., Tribune Media… etc., since 1978) –Bell-Phillip TV (e.g., Y & R… CBS… etc., since 1989) –Other key client work (e.g., Kohl’s… Pritzker’s… etc.) –Advanced financial, tax, estate and NQDC planning –Administration for COLI, BOLI, CAIC and key-man T H E I N D U S T R Y L E A D E R S