MARC and CAROLYN ROWAN Check Number: QUUU13526 } To: Leon Black LEOBLAO1 Date: 04/09/2014 Invoice Number Date Account Number “ Amount — Discount Paid Amount 2013HERITAGE 04/09/2014 $838,675.00 $0.00 $838,675.00 TOTALS: $838,675.00 $0.00 $838,675.00 THIS CHEGK 1S VOl WITHOUT A GREEN & DLUE BORDER AND BACKGROUND PLUS A KNIGHT & FINGERPRINT WATERMARK ON THE BACK . HOLD AT ANGLE TO VinW ex i ROWAN US TRUST/BANK OF AMERICA 000013326 | 114 WEST 47TH STREET 57-1 / 115 i 5TH FLOOR 8 NEW YORK, NY 10036 q DATE AMOUNT a Pay Eight Hundred Thirty Eight Thousand Six Hundred Seventy Five Dollars and 00 Cents Apr 9, 2014 $838,675.00 a to the Order of; fi : f Leon Black 4 a rer. pews ete tne ets ee sere = coun aon senmennensanmmnsenspcest EFTA00602688

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Tax Related Payment Summary For the Year Ended 12-31-2013 Py ‘July 2007 Exchange**** 95,619,396 29,650,785 , 26,789,162 1,217,828 4,655,556 2,433,706 8,307,089 May 2013 Exchange 7,273,235 2,242,966 3,827,717 165,659 987,174 27,582 1,180,415 November 2013 Exchange 481,288 103,373,919 / 1,383,487 5,642,730 2,461,288 9,487,505 “TRA payment is taxable in the year ended December 33, 2014. ** Pretax payment represents 2 distribution from the Apollo Operating Group. This amount is mot ciestri ‘buted to class A unit holders as the ernount is used for corporate tax related payments. Taxable income with respect to the pretax payment is included in your BRH Holdings K-1 for 2013. #***I9 the course of the review of the 2033 exchanges, the original allocation of TRA benefits resulting from the 2007 step up was revised and updated to reflect the proper methodology fin 2007, the tax step up resulting from the exchange incheded the effect of the step up resulting from the assumption of Babilities was not included in the allocations of TRA payments.) The TRA payment smnount relating to the 2007 exchange reflects one-time odjustment for overpayments in prior years tesuling from the above. The following reflects proceeds received in past years and the adjustment reflected in the amount above: 2007-2012 Payrnents- Recalculated 30,703,135 2007-2012 Payrvents- Actual 30,260,166 Adjustment to Prior Year Payments 442,970 2013 TRA Payment Ove 7,864,120 Adjusted 2013 Payment 8,307,089 30f8 EFTA00602689