SCHRODINGER, INC. AND SUBSIDIARIES Consolidated Balance Sheet Current assets: Cash and cash equivalents Accounts receivable, net of allowance for doubtful accounts of $62,120 Other receivables Prepaid expenses Other assets Total current assets Property and equipment, net Intangible assets, net Security deposits Liabilities and Stockholders’ Equity Current liabilities: Accounts payable Accrued payroll, taxes and benefits Deferred revenue Other accrued expenses Total current liabilities Long-term deferred revenue Deferred rent Total Liabilities Stockholders’ equity: Series A Convertible preferred stock, $0.01 par value. 134,704,785 shares authorized; 134,704,785 shares issued and outstanding Series B Convertible preferred stock, $0.01 par value. 29,468,101 shares authorized; 29,468,101 shares issued and outstanding Series C Convertible preferred stock, $0.01 par value. 47,242,235 shares authorized; 47,242,235 shares issued and outstanding Common stock, $0.01 par value. 273,300,000 shares authorized; 24,344,016 shares issued and outstanding Additional paid-in capital Accumulated deficit Total stockholders’ equity Confidential March 31, 2014 $ 10,632,546 3,531,694 119,385 652,857 13,318,611 28,255,093 3,766,185 334,913 797,519 $ 33,153,710 $ 1,363,185 2,139,473 21,239,364 1,066,912 25,808,933 4,272,713 809,027 30,890,673 1,347,048 294,681 472,422 243,440 60,718,124 (60,812,679) 2,263,037 33,153,710 EFTA00293493

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SCHRODINGER, INC. AND SUBSIDIARIES Consolidated Income Statement (Statement of Operations) Revenues: Products Services Total revenues Cost of revenues Gross profit Operating expenses: Research and development Sales and marketing General and administrative Total operating expenses Income (Loss) from operations Other income (expense): Interest income Other income, net Income (Loss) before taxes Income tax expense Net Income (Loss) Confidential Quarter Ended March 31, 2014 $ 7,605,422 1,196,743 8,802,165 1,741,543 7,060,622 5,507,380 2,721,190 2,433,816 10,662,386 (3,601,764) 14,744 14,744 (3,587,020) 11,955 $ (3,598,974) EFTA00293494

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SCHRODINGER, INC. AND SUBSIDIARIES Consolidated Statement of Cash Flows Cash flows from operating activities: Net income (loss) Adjustments to reconcile net income (loss) to net cash provided by operating activities: Depreciation and amortization Increase in assets, net of acquisition: Accounts receivable Other receivables Prepaid expenses and deposits Other assets Increase in liabilities, net of acquisition: Accounts payable Accrued Payroll, taxes and benefits Deferred revenue Other accrued liabilities Net cash provided by operating activities Cash flows from investing activities: Purchases of property and equipment Proceeds from long term securities, net Purchase of intangible assets Contingent liabilities Net cash used in investing activities Cash flows from financing activities: Issuance of common stock Net cash provided by financing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of period Cash and cash equivalents at end of period Confidential Quarter Ended March 31, 2014 $ (3,598,974) 300,570 4,735,839 221,204 7,787 (14,663) 515,657 (152,188) 3,522,269 (1,249,200) 4,288,302 (127,146) 4,740,247 (169,245) 4,443,857 116,060 116,060 8,848,219 1,784,327 $ 10,632,546 EFTA00293495