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DRAFT OF 5/17/2011 CONFIDENTIAL PRIVILEGED COMMUNICATION ATTORNEY WORK PRODUCT. Stategic Forecasting Inc. Illustration of Joint Venture & Proposed Restructuring. Stratcap Funds. Shareholders. 100% Economic 0% Voting. 0% Economic 100% Voting. Stratfor Newco. Stratfor. Morenz Member.
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DRAFT OF 5/17/2011 CONFIDENTIALPRIVILEGED COMMUNICATIONATTORNEY WORK PRODUCT Stategic Forecasting Inc. Illustration ofJoint Venture & Proposed Restructuring
Stratcap Funds Shareholders 100% Economic0% Voting 0% Economic100% Voting StratforNewco Stratfor Morenz Member Morenz Group GeorgeFriedman 90% 10% Newco New Stratfor 90% 5% 10% 70% 5% 20% Stratcap Management Companies Various% Stratcap Funds
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