HRG State of the Business 5 Consumer Products Asset ManagementEnergy OtherInsurance & Reinsurance Continued strong organic topline growth on currency- consistent basis Record second quarter results overall, and for the Home and Garden and HHI segments Record fiscal year expected for revenue, Adjusted EBITDA, cash flow 1. Reflects the aggregate principal amount of debt outstanding at HRG as of March 31, 2016, excluding issuance discounts, and does not give effect to debt held by the subsidiaries. 2. As of March 31, 2016; includes $25.5 billion of assets held for sale related to Fidelity & Guaranty Life. 3. As of March 31, 2016, corporate cash, cash equivalents and investments held at HRG. Debt1: $1.75BN Consolidated Assets2: ~$35.5BN Cash and Investments3: $237.4MM Progress continues to be made in closing FGL’s transaction with Anbang: CFIUS approval received Expect to close in 3rd calendar quarter Expect to realize $1.26B in proceeds tax efficiently Our focus remains on leverage & liquidity at the operating segment and in preserving value at the HRG- level Working with lending group ahead of next redetermination Cost discipline in full force Continuing focus on maximizing capital recovery Significant reduction in ABL portfolio balance: receivable down ~75% since 2Q15 Segment G&A expenses substantially reduced; further expenses tightly managed Significantly reduced HRG’s operating expenses De-levering at the HRG-level remains the priority Committed to pursuing strategies that maximize shareholder value
