Cash, Stock Option Requirements 2014-2015 Confidential WP wet TINNZ EZ IIL EFTA00293496

--=PAGE_BREAK=--

Recent changes to projections Q1 sales were $12.1M (2013: $9.4M). Q2 sales projected to be $8.2M (2013: $5.3M) Headcount was expected to grow by 20 in Q1; instead grew by 2 Therefore... 2014 revenue higher, expenses lower, vs. prior projection Pol TINNZ LIEN NLL EFTA00293497

--=PAGE_BREAK=--

Income Statement & Cash 2012 2013 2014 2015 Revenue 32,657 33,912 37,456 48,223 Cost of Goods Sold 4,007 4,612 4,917 6,562 Gross Profit 28,650 29,300 32,539 41,661 Research & Development 15,611 20,230 23,455 24,306 Sales & Marketing 9,068 11,688 12,352 14,735 General & Administrative 7,271 9,196 9,575 10,597 Operating Expense 31,949 41,114 45,382 49,637 Other Income/Expense (466) (65) (200) (200) Net Income 3,765 11,879 13,043 8,176 Cash at end of year 31,975 19,836 10,630 8,571 JILIN LINEN EFTA00293498

--=PAGE_BREAK=--

Cash (in millions) S Expected Cash Available ——Current Best Unbiased Estimate = Zero Sales Growth Scenario >’ 10 ~~ ar, \ ° NX ~ 0 v % % % . i % & 5 % ‘Y YY ‘YY ‘YY ‘YY YY ‘YY Y YY ‘Y y rr a s PO s PP SCHRODINGER. EFTA00293499

--=PAGE_BREAK=--

Options (in millions) 25 — Authorized 20 —Outstanding 15 10 5 0 9 Ny SY Vv Vv » SY SY SY SY SY oY ww vv Vv vv v v x & < & < ys f°) r fe) oS Option Pool 2010 Stock Option Plan 7.9 million shares in pool remain after today SCHRODINGER. EFTA00293500