Caution: Forms printed from within Adobe Acrobat products may not meet IRS or state taxing agency

Caution: Forms printed from within Adobe Acrobat products may not meet IRS or state taxing agency specifications. When using Acrobat 9.x products and later products, select "None"in the "Page Scaling" selection box in the Adobe "Print" dialog. CLIENT'S COPY EFTA00806113 SACKS PRESS & LACHER, P.C. CERTIFIED PUBLIC ACCOUNTANTS 600 THIRD AVENUE - 18TH FL NEW YORK, NY 10016-1901 SEPTEMBER 12, 2017 NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 NEXT MANAGEMENT LLC: WE HAVE PREPARED AND ENCLOSED YOUR 2016 LIMITED LIABILITY COMPANY RETURNS FOR THE YEAR ENDED DECEMBER 31, 2016. THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASE SIGN, DATE, AND RETURN FORM 8879-PE TO OUR OFFICE. WE WILL THEN SUBMIT YOUR ELECTRONIC RETURN TO THE IRS. DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE IRS. RETURN FEDERAL FORM 8879-PE TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. THE CALIFORNIA FORM 568 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE FTB, PLEASE SIGN, DATE AND RETURN FORM 8453-LLC TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE FTB. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE FTB. RETURN FORM 8453-LLC TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED AS YOU ARE TO RECEIVE A REFUND IN THE AMOUNT OF $7,200.00. YOUR ANNUAL TAX PAYMENT AMOUNT OF $800.00 WILL BE AUTOMATICALLY WITHDRAWN FROM THE BANK ACCOUNT ENDING IN 0157 ON OR AFTER SEPTEMBER 12, 2017. REFER TO FORM 568 ON THE DIRECT DEPOSIT/DEBIT REPORT FOR COMPLETE ACCOUNT INFORMATION. THE NEW YORK FORM IT-204 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE NYSDTF, PLEASE SIGN, DATE AND RETURN FORM TR-579-PT TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYSDTF. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE NYSDTF. RETURN FORM TR-579-PT TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. EFTA00806114 THE FLORIDA FORM F-1065 SHOULD BE MAILED ON OR BEFORE OCTOBER 2, 2017 TO: FLORIDA DEPARTMENT OF REVENUE 5050 W. TENNESSEE STREET TALLAHASSEE, FL 32399-0135 THE NEW YORK CITY FORM NYC-204 RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. IF YOU WISH TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE NYC DOF, PLEASE SIGN, DATE AND RETURN NYC-579-UBTP TO OUR OFFICE. WE WILL THEN SUBMIT THE ELECTRONIC RETURN TO THE NYC DOF. DO NOT MAIL A PAPER COPY OF THE RETURN TO THE NYC DOF. RETURN NYC-579-UBTP TO US BY SEPTEMBER 15, 2017. NO PAYMENT IS REQUIRED WITH THIS RETURN WHEN FILED. YOUR OVERPAYMENT IN THE AMOUNT OF $30,257.00 HAS BEEN APPLIED TO YOUR NEW YORK CITY ESTIMATED TAX. THE NEW YORK CITY ESTIMATED INCOME TAX DUE DATES AND REQUIRED PAYMENTS ARE AS FOLLOWS: INSTALLMENT NO. 3 BY 09/15/17 $51,833 INSTALLMENT NO. 4 BY 01/16/18 $37,270 MAIL THE NEW YORK CITY ESTIMATED TAX PAYMENTS TO: NYC DEPARTMENT OF FINANCE UNINCORPORATED BUSINESS TAX P.O. BOX 3923 NEW YORK, NY 10008-3923 ATTACHED ARE SCHEDULES K-1 FOR ALL MEMBERS INDICATING THEIR SHARE OF INCOME, DEDUCTIONS AND CREDITS TO BE REPORTED ON THEIR RESPECTIVE TAX RETURNS. THESE SCHEDULES SHOULD BE IMMEDIATELY FORWARDED TO EACH OF THE MEMBERS. COPIES OF THE RETURNS ARE ENCLOSED FOR YOUR FILES. WE SUGGEST THAT YOU RETAIN THESE COPIES INDEFINITELY. VERY TRULY YOURS, SACKS PRESS & LACHER, P.C. EFTA00806115 TAX RETURN FILING INSTRUCTIONS REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS Prepared for NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 Form must be filed on or before RETURN FORM 114A TO US BY OCTOBER 15, 2017. Special Instructions FORM 114 HAS BEEN PREPARED FOR ELECTRONIC FILING. PLEASE SIGN, DATE, AND RETURN FORM 114A TO OUR OFFICE. WE WILL THEN TRANSMIT YOUR REPORT TO THE FINCEN. 600397 04.01.16 EFTA00806116 2016 TAX RETURN FILING INSTRUCTIONS U.S. RETURN OF PARTNERSHIP INCOME FOR THE YEAR ENDING DECEMBER 31, 2016 Pmoamdtor NEXT MANAGEMENT LLC 15 WATTS STREET, 6TH FLOOR NEW YORK, NY 10013 Prepared by SACKS PRESS & LACHER PC 600 THIRD AVENUE NEW YORK, NY 10016-1901 To be signed and dated by A MEMBER MANAGER OF THE LLC Amount of tax NOT APPLICABLE Mailtaxretum to THIS RETURN HAS BEEN PREPARED FOR ELECTRONIC FILING. TO HAVE IT TRANSMITTED ELECTRONICALLY TO THE IRS, PLEASE SIGN, DATE, AND RETURN FORM 8879-PE TO OUR OFFICE. WE WILL THEN SUBMIT YOUR ELECTRONIC RETURN. Forms to be distributed to partners ENCLOSED ARE COPIES OF SCHEDULE K-1 TO BE DISTRIBUTED TO THE MEMBERS. Retummustbe mailed on or before RETURN FEDERAL FORM 8879-PE TO US BY SEPTEMBER 15, 2017. Special Instructions DO NOT MAIL THE PAPER COPY OF THE RETURN TO THE IRS. 610145 04-01.16 EFTA00806117 Two-Year Comparison - Partnership 2016 Name of partnership NEXT MANAGEMENT LLC Employer identification number 13-3495607 Description Prior Year Current Year Increase (Decrease) NUMBER OF PARTNERS 3. 3. 0. TRADE OR BUSINESS INCOME OR LOSS: INCOME: GROSS RECEIPTS OR SALES 20,059,894. 20,803,273. 743,379. GROSS PROFIT 20,059,894. 20,803,273. 743,379. INCOME (LOSS) FROM PASSTHROUGHS 248,456. 137,818. -110,638. OTHER INCOME (LOSS) -234,496. -156,411. 78,085. TOTAL INCOME (LOSS) 20,073,854. 20,784,680. 710,826. DEDUCTIONS: SALARIES AND WAGES 11,291,732. 12,181,179. 889,447. REPAIRS AND MAINTENANCE 414,619. 416,838. 2,219. BAD DEBTS 8,131. 0. -8,131. RENT 749,810. 815,645. 65,835. TAXES AND LICENSES 769,540. 772,275. 2,735. INTEREST 0. 72. 72. DEPRECIATION 120,998. 44,543. -76,455. RETIREMENT PLANS 106,026. 111,980. 5,954. EMPLOYEE BENEFIT PROGRAMS 338,804. 379,739. 40,935. OTHER DEDUCTIONS 3,858,292. 3,561,967. -296,325. TOTAL DEDUCTIONS 17,657,952. 18,284,238. 626,286. ORDINARY INCOME (LOSS) 2,415,902. 2,500,442. 84,540. SCHEDULE K: INCOME (LOSS) : ORDINARY TRADE/BUSINESS INCOME/LOSS 2,415,902. 2,500,442. 84,540. INTEREST INCOME 17,910. 15,968. -1,942. DEDUCTIONS: CHARITABLE CONTRIBUTIONS 103,335. 12,512. -90,823. SECTION 179 EXPENSE DEDUCTION 191,194. 64,523. -126,671. INVESTMENT INTEREST: 61181! O4 01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806118 Two-Year Comparison - Partnership 2016 Name of partnership NEXT MANAGEMENT LLC Employer idenbfication number 13-3495607 Description Prior Year Current Year Increase (Decrease) INVESTMENT INCOME 17,910. 15,9.8. -1,942. JUSTMENTS AND TAX PREFERENCES: "EPRECIATION ADJUSTMENT 102. 161. 59. THER ADJUSTMENTS/TAX PREFERENCES -1,078. 0. 1,078. THER: ONDEDUCTIBLE EXPENSES 118,554. 127,818. 9,264. ISTRIBUTIONS OF MONEY 3,000,000. 2,250,000. -750,000. SCHEDULE M-1: ET INCOME (LOSS) PER BOOKS 2,319,987. 2,748,386. 428,399. "EPRECIATION ON BOOKS NOT ON SCH K 0. 55,231. 55,231. RAVEL AND ENTERTAINMENT 90,792. 76,747. -14,045. THER BOOK EXPENSES NOT ON SCH K 143,715. 148,663. 4,948. OTAL- NET BOOK INC THROUGH EXPENSE 2,554,494. 3,029,027. 474,533. THER BOOK INCOME NOT ON SCH K 82,521. 60,281. -22,240. "EPRECIATION ON SCH K NOT ON BOOKS 152,866. 0. -152,866. THER SCH K DED NOT ON BOOKS 179,824. 529,371. 349,547. OTAL- BOOK INC THROUGH SCH K DED 415,211. 589,652. 174,441. INCOME (LOSS) 2,139,283. 2,439,375. 300,092. SCHEDULE M-2: APITAL AT BEGINNING OF YEAR 1,851,584. 1,171,571. -680,013. ET INCOME (LOSS) PER BOOKS 2,319,987. 2,748,386. 428,399. OTAL- BEGINNING CAP THROUGH INCR 4,171,571. 3,919,957. -251,614. ASH DISTRIBUTIONS 3,000,000. 2,250,000. -750,000. OTAL- CASH CONT THROUGH OTHER DECR 3,000,000. 2,250,000. -750,000. APITAL BALANCE AT END OF YEAR 1,171,571. 1,669,957. 498,386. 61181! O4 01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806119 Expanded Capital Account Summary Name NEXT MANAGEMENT LLC M. Number 13-3495607 CLAXON INC Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 1 NEW YORK, NY 10013 13-3508513 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 492,058. 1,154,322. Withdrawals 945,000. Ending Capital 701,380. PARTNERSHIP HOLDING CORP. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 2 NEW YORK, NY 10013 13-3501977 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 363,187. 852,000. Withdrawals 697,500. Ending Capital 517,687. THE WILCOR GROUP INC. Partner C/O NEXT MANAGEMENT LLC Partner's Identification Number 15 WATTS STREET Number 3 NEW YORK, NY 10013 13-3682060 Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 316,326. 742,064. Withdrawals 607,500. Ending Capital 450,890. Partner Partner's Identification Number Number Beginning Capital Schedule M-2, Capital Contributed Lines 3, 4 & 7 Withdrawals Ending Capital Total For All Partner's Capital Accounts Beginning Capital Schedule M-2, Capital Contributed Lines 3,487 1,171,571. 0. 2,748,386. Withdrawals 2,250,000. Ending Capital 1,669,957. 611911 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806120 CALIFORNIA NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 V ain Everywhere Beginning of Year End of Year Beginning of Year End of Year 274,770. 279,697. 1,713,186. 1,718,113. 50,344. 50,344. 662,281. 662,281. 0. 0. 155,603. 155,603. 89,113. 136,109. 1,686,953. 1,746,549. ----- 414,227. 466,150. 4,218,023. 4,282,546. 440,189. 4,250,285. 1,230,552. 7,286,288. 1,670,741. 11,536,573. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806121 FLORIDA NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 V ain Everywhere Beginning of Year End of Year Beginning of Year End of Year 327,985. 327,985. 1,713,186. 1,718,113. 77,707. 77,707. 662,281. 662,281. 0. 0. 155,603. 155,603. 68,725. 68,725. 1,686,953. 1,746,549. ----- 474,417. 474,417. 4,218,023. 4,282,546. 474,417. 4,250,285. 931,768. 7,286,288. 1,406,185. 11,536,573. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806122 NEW YORK NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property • Not Applicable 612261 010146 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year 1,110,431. 1,110,431. 1,713,186. 1,718,113. 1,094,855. 1,094,855. 1,666,903. 1,669,860. 534,230. 534,230. 662,281. 662,281. 453,344. 453,344. 572,033. 572,033. 155,603. 155,603. 155,603. 155,603. 47,545. 74,532. 47,545. 74,532. 1,529,115. 1,541,715. 1,686,953. 1,746,549. 1,128,701. 1,147,980. 1,204,997. 1,250,405. ---- 704,934. 571,268. 726,545. 715,716. 588,101. 721,131. 5,123,968. 7,286,288. 5,712,069. 8,007,419. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806123 NEW YORK CITY NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year 1,110,431. 1,110,431. 1,713,186. 1,718,113. 1,094,855. 1,094,855. 1,666,903. 1,669,860. 534,230. 534,230. 662,281. 662,281. 453,344. 453,344. 572,033. 572,033. 155,603. 155,603. 155,603. 155,603. 47,545. 74,532. 47,545. 74,532. ----- 104,520. 177,533. 244,589. 219,572. 191,027. 232,081. 5,123,968. 7,286,288. 5,314,995. 7,518,369. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806124 NEW YORK MCTD NEXT MANAGEMENT LLC Property Apportionment Detail Worksheet 2016 13-3495607 Inventories Land Buildings Buildings - accumulated depredation Machinery Equipment Machinery and equipment - accumulated depreciation Furniture and fixtures Furniture and fixtures - accumulated depreciation Transportation/delivery equipment Transportation/delivery equipment - accumulated depreciation Other depreciable assets Other depreciable assets - accumulated depreciation Depletable assets Depletable assets - accumulated depletion Leasehold improvements Leasehold improvements - accumulated amortization Supplies Other tangble properly Buildings - construction in progress Machinery - construction in prowess Equipment - construction in progress Transportation/delivery - construction in progress Other - construction in progress Less: Total construction in progress Miscelaneous other Subtotals Average property Real property rented - rental expense (multiplied by applicable factor) Tangble property rented - rental expense (multiplied by applicable factor) Miscelaneous rental expense (multiplied by applicable factor) Total property . • Not Applicable 612261 010146 Within Everywhere Beginning of Year End of Year Beginning of Year End of Year 1,110,431. 1,110,431. 1,713,186. 1,718,113. 1,094,855. 1,094,855. 1,666,903. 1,669,860. 534,230. 534,230. 662,281. 662,281. 453,344. 453,344. 572,033. 572,033. 155,603. 155,603. 155,603. 155,603. 47,545. 74,532. 47,545. 74,532. ----- 104,520. 177,533. 244,589. 219,572. 191,027. 232,081. 5,123,968. 7,286,288. 5,314,995. 7,518,369. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806125 CALIFORNIA NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 0. 290,092. 2,247,039. 11,944,848. 2,247,039. 12,234,940. Within Everywhere 0. 15,968. 5,191,437. 21,727,304. 5,191,437. 21,743,272. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806126 FLORIDA NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 0. 290,092. 976,440. 11,944,848. 976,440. 12,234,940. Within Everywhere 0. 15,968. 1,891,925. 21,727,304. 1,891,925. 21,743,272. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806127 NEW YORK NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 8,721,369. 11,944,848. 8,721,369. 11,944,848. Within Everywhere 14,643,942. 21,727,304. 14,643,942. 21,727,304. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806128 NEW YORK CITY NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 8,721,369. 11,944,848. 8,721,369. 11,944,848. Within Everywhere 14,643,942. 21,727,304. 14,643,942. 21,727,304. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806129 NEW YORK MCTD NEXT MANAGEMENT LLC Payroll Apportionment Cost of goods sold Payroll and Sales Apportionment Detail Worksheet 2016 13-3495607 Cost of operations Compensation of officers Salesmen's salaries Salesmen's commissions General and administrative wages and salaries Repairs Others Miscellaneous other Total payroll Sales Apportionment Sales of tangible personal properly - Returns and allowances Sales from outside the state to within the state Sales from within the state to within the state Sales from within the state to U.S. government Sales from within the state to nontaxable jurisdictions Interest Dividends Rents Royalties Gain from sales of real and tangtle personal property Gain from sales of intangibles Service income Other receipts Miscellaneous other Total sales • Not Applicable Within Everywhere 8,721,369. 11,944,848. 8,721,369. 11,944,848. Within Everywhere 14,643,942. 21,727,304. 14,643,942. 21,727,304. 612271 04.01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806130 PROPERTY FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wsconsin Wyoming Foreign Other Total HMS 041-0 2016 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 1,570,178. 12,400,790. .126619 .126619 5,712,068. 8,007,418. .713347 .713347 N/A N/A N/A .839966 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806131 PROPERTY FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals WITHIN EVERYWHERE UNWEIGHTED WEIGHTED .713300 .713300 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806132 PAYROLL FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Wsconsin Wyoming Foreign Other Total HMS 041-0 2016 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 976,440. 12,234,940. .079808 .079808 9,011,461. 12,234,940. .736535 .736535 N/A N/A N/A .816343 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806133 PAYROLL FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 9,011,461. 12,234,940. .736500 .736500 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806134 SALES FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentudcy Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Waconsin Wyoming Foreign Other Total HMS 041-0 2016 13-3495607 WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 5,191,437. 21,743,272. .238761 .238761 1,891,925. 21,743,272. .087012 .087012 14,659,910. 21,743,272. .674227 .674227 N/A N/A N/A 1.000000 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806135 SALES FACTOR NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals WITHIN EVERYWHERE UNWEIGHTED WEIGHTED 14,659,692. 21,743,272. .674200 .674200 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806136 SUMMARY NEXT MANAGEMENT LLC SUMMARY OF FACTORS Alabama Alaska Arizona Arkansas Calitomia Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington West Virginia Yfaconsin Wyoming Foreign Other Apportionment Summary Worksheet 2016 13-3495607 Total 610781 04.O1-iS PROPERTY PAYROLL SALES APPORTIONMENT .238761 .238761 .126619 .079808 .087012 .097813 .713347 .736535 .674227 .708036 .839966 .816343 1.000000 1.044610 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806137 SUMMARY NEXT MANAGEMENT LLC Apportionment Summary Worksheet (Continued) 2016 13-3495607 SUMMARY OF FACTORS • Battle Creek ' Detroit • Flint • Grand Rapids ' Highland Park ' Lansing • Pontiac • Port Huron ' Saginaw ' New York City ' New York - MCTD ' Muskegon ' Muskegon Heights ' Not included in everywhere totals PROPERTY PAYROLL SALES APPORTIONMENT .713300 .736500 .674200 .680800 610732 0303% 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806138 Form 114a Department of the Treasury Financial Crimes Enforcement Network (FinCEN) May 2015 Record of Authorization to Electronically File FBARs (See instructions below for completion) Do not send to FinCEN. Retain this form for your records. NEXTMAN20160001 The form 114a may be digitally signed Part I Persons who have an obligation to file a Report of Foreign Bank and Financial Account(s) 1. Owner last name or entity's legal name NEXT MANAGEMENT LLC 2. Owner first name 3. Owner M.I. 4. Spouse last name Of jointly filing FBAR - see instiuctions below) 5. Spouse first name 6. Spouse M.I. Vwe declare that Vwe have provided information concerning 2 (enter number of accounts) foreign bank and financial account(s) for the filing year ending December 31. 2016 to the preparer listed in Part II: that this information is to the best of my/our knowledge true. correct. and complete: that Vwe authorize the preparer listed in Part II to complete and submit to the Financial Crimes Enforcement Network (FriCEN) a Report of Foreign Bank and Fnancial Accounts (FBAR) based on the information that Vwe have provided: and that Vwe authorize the preparer listed in Part II to receive information from FinCEN. answer inquiries and resolve issues relating to this submission. Vwe acknowledge that. notwithstanding this declaration, it is my/our legal responsibility, not that of the preparer listed in Part II. to timely file an FBAR if required by law to do so. 7. Owner signature (Authorized representative if entity) 8. Date 9. Owner or entity TIN 10. TIN a al EIN type b 0 SSWITIN c 0 Foreign MM DD YYYY 11. Spouse signature 12. Date 13. Spouse TIN 14. TIN a Li EIN type b 0 SSN/ITIN c 0 Foreign MM DD YYYY Part II I Individual or Entity Authorized to File FBAR on behalf of Persons who have an obligation to file. 15. Preparer last name PRESS 16. Preparer first name GARY 17. Preparer M.I. W 18. Preparer PTIN 19. Address 600 THIRD AVENUE 20. City NEW YORK 21. State PY 22. ZIP/postal code 100161901 23. Country code US 24. Preparers (item 15) employers (En ity) name SACKS PRESS & LACHER PC 25. Employer EIN 13-3050313 26. Preparers gnature GARY W. PRESS Instructions for completing the FBAR S gnature Authorization Record This record may be completed by the individual or entity granting such authorization (Part I) OR the individuaVentity authorized to perform such services. The completed record must be signed by the individual(syentity grant ng the authorization (Part I) and the individuaVentity that will file the FBAR. The Preparer/filing entity must be registered with FinCEN BSA EFile system. (See http://bsaefiling.fincentreas.gov/main.html for registration). Read and complete the account owner statement in Part I. To authorize a third party to file the Foreign Bank and Financial Accounts Report (FBAR), the account owner should complete Part I. items 1 through 3 (as required), sign and date the document in Part I. items 7/8 and complete items 9 and 10. Item 7 may be digitally signed. Accounts Jointly Owned by Spouses (see exceptions in the FBAR instructions) If the account owner is filing an FBAR jointly with his/her spouse. the spouse must also complete Part I. items 4 through 6. The spouse must also sign and date the report in items 11/12. (item 11 may be digitally signed) and complete items 13 and 14. A third party preparer may be one of the spouses of the jointly owned foreign account. In this case, both spouses must complete Part I of form 114a in its entirety. The third party preparer (spouse) that will file the FBAR on behalf of both spouses will complete Part II in its entirety (do not use such terms as see above, or same as item number x). Complete Part II. items 15 through 18 with the preparer's information. The address, items 19 through 23, is that of the preparer or the preparer's employer if the preparer is an employee. Record the employer's information (if any) in items 24 and 25. If the preparer does not have a PTIN. leave item 18 blank. The third party preparer must sign in item 26 (digital signature acceptable) of Part II indicating that the FBAR will be filed as directed by the authorizing authority. The person(s) listed in Part I, and the person listed in Part II as authorized to file on behalf of the person(s) listed in Part I. should retain copies of this record of authorization and the filing itself, both for a period of 5 years. See 31 CFR 1010.430(d). DO NOT SEND THIS RECORD TO FinCEN UNLESS REQUESTED TO DO SO. 620011 04-01.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC Rev. 10.7 May 21.2015 PNEXT104 EFTA00806139 Faro 8879-PE Department lot Ina Bonney Interne Revenue Senile* IRS e-file Signature Authorization for Form 1065 Ir. Don't send to the IRS. Keep for your records. Ir. Information about Form 8879-PE and its instructions is at www.frs.govilomt88790. FOf calendar near 2016. a tax year beginning . 2016. ending OMB No. 1545-012 2016 Name of partnership NEXT MANAGEMENT LLC Employer identification number 13-3495607 I Part Tax Return Information (Whole dollars only) 1 Gross receipts or sales less returns and allowances (Form 1065, line lc) 2 Gross profit (Form 1065, line 3) 3 Ordinary business income (loss) Worm 1065, line 22) 4 Net rental real estate income (loss) (Form 1065, Schedule K. line 2) 5 Other net rental income (loss) (Form 1065, Schedule K. line 3c) Part II Declaration and Signature Authorization of General Partner or Limited Liability Company Member Manager (Be sure to get a copy of the partnership's return) 20,803,273. 20,803,273. 2,500,442. 4 5 Under penalties of perjury. I declare that I am a general partner or limited liability company member manager of the above partnership and that I have examined a copy of the partnership's 2016 electronic return of partnership income and accompanying schedules and statements and to the best of my knowledge and belief. it is true. correct, and complete. I further declare that the amounts in Part I above are the amounts shown on the copy of the partnership's electronic return of partnership income. I consent to allow my electronic return originator (ERO). transmitter, or intermediate service provider to send the partnership's return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission and (b) the reason for any delay in processing the return. I have selected a personal identification number (PIN) as my signature for the partnership's electronic return of partnership income. General Partner or Limited Liability Company Member Manager's PIN: cheek one box only ®I authorize SACKS PRESS & LACHER PC to enter my PIN ERO firm name don't s as my signature on the partnership's 2016 electronically filed return of partnership income. Asa general partner or limited liability company member manager of the partnership, I will enter my PIN as my signature on the partnership's 2016 electronically filed return of partnership income. General partner or limited liability company member manager's signature ► rive ill. PRESIDENT OF MEMBER MGR Date ► Part III I Certification and Authentication ERO's EFIN/PIN. Enter your sixdigit EFIN followed by your fivedigit self selected PIN. don't enter all zeros I certify that the above numeric entry is my PIN, which is my signature on the 2016 electronically filed return of partnership income for the partnership indicated above. I confirm that I am submitting this return in accordance with the requirements of Pub. 3112. IRS e- file Application and Participation, and Pub. 4163, Modernized &File (MeF) Information for Authorized IRS e-file Providers for Business Returns. Ili ERO's signature ir• Date Ile. 09/12/17 ERO Must Retain This Form - See Instructions Don't Submit This Form to the IRS Unless Requested To Do So For Paperwork Reduction Act Notice, see Instructions. Form 8879-PE (2016) Live 62103+ +2-06-16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806140 RAT 7004 (Rev. December 2016) Dopattmaat of IN !moray Intanal Ronnua Servico Application for Automatic Extension of Time To File Certain Business Income Tax, Information, and Other Returns IP File a separate application for each return. IP Information about Form 7004 and its separate instructions Is at www.irs.govilorm7004 . OVZ No 1545.0233 Print or Type NAMO NEXT MANAGEMENT LLC Nunibra. Sheet, and ro0rn Cr Sultfr no. OM 00X, 980 O14trIrCbOnS4 15 WATTS STREET, 6TH FLOOR City, ;Gun, state, aul ZIP code Of a Icteign addiess. ontet oily, pfoonco Cr stars and country (follow the country's awake lot ordering postal codsa. Identifying number 13- 349 5607 NEW YORK, NY 10 0 1 3 Note: File request for extension by the due date of the return for which the extension is granted. See instructions before completing this form. Part I I Automatic Extension for C Corporations With Tax Years Ending December 31.See instructions. " • la triter me rorm coos ror me return listea oelow mat tills application is ror I I Application is For: Form Code Application Is For: Form Code Form 1120 12 Form 1120ND (section 4951 taxes) 20 Form 1120-C 34 Form 1120 PC 21 Form 1120-F 15 Form 1120POL 22 Form 1120-FSC 16 Form 1120 REIT 23 Form 1120-H 17 Form 1120RIC 24 Form 11201_ 18 Form 1120 SF 26 Form 1120-ND 19 Part II Automatic Extension for Certain Estates and Trusts. See instructions. o enter me rorm coop ror me return listea oelow mat tills application is Tor Application is For: Form Code Application Is For: Form Code Form 1041 (estate other than a bankruptcy estate) 04 Form 1041 (trust) 05 Part III I Automatic Extension for Entities Not Using Part I, II, or IV. See instructions. c triter me rorm cooe ror me return nstea Delow mat mis application is ror i v 2 I Application Is For: Form Code Application Is For: Form Code Form 706-GS(D) 01 Form 1120-ND (section 4951 taxes) 20 Form 706-GS(T) 02 Form 1120 PC 21 Form 1041 (bankruptcy estate only) 03 Form 1120POL 22 Form 1041•N 06 Form 1120-REIT 23 Form 1041.OFT 07 Form 1120RIC 24 Form 1042 08 Form 1120S 25 Form 1065 09 Form 1120SF 26 Form 1065.8 10 Form 3520A 27 Form 1066 11 Form 8612 28 Form 1120 12 Form 8613 29 Form 1120-C 34 Form 8725 30 Form 1120-F 15 Form 8804 31 Form 1120-FSC 16 Form 8831 32 Form 1120-H 17 Form 8876 33 Form 1120-L 18 Form 8924 35 Form 1120-ND 19 Form 8928 36 Part IV I Automatic Extension for C Corporations With Tax Years Ending June 30. See instructions. a enter me rorm cooe ror me return nu:to Delow mat mis application is ror I I Application Is For: Form Code Application Is For: Form Code Form 1120 12 Form 1120ND (section 4951 taxes) 20 Form 1120-C 34 Form 1120 PC 21 Form 1120-F 15 Form 1120POL 22 Form 1120-FSC 16 Form 1120 REIT 23 Form 1120-H 17 Form 1120RIC 24 Form 1120-L 18 Form 1120 SF 26 Form 1120-ND 19 619731 01. 18.17 LHA For Privacy Act and Paperwork Reduction Act Notice, see separate instructions. 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC Form 7004 (Rev. 12 2016) PNEXT1 0 4 EFTA00806141 Form 7004 Rev. 12.2016) Page 2 I Part V I All Filers Must Complete This Part 2 If the organization is a foreign corporation that does not have an office or place of business in the United States, check here ► 0 3 If the organization Is a corporation and is the common parent of a group that intends to file a consolidated return, check here ► 0 If checked, attach a statement listing the name, address, and Employer Identification Number (EIN) for each member covered by this application. 4 If the organization is a corporation or partnership that qualifies under Regulations section 1.6081.5, check here ► 0 6a The application is for calendar year 2 016, or tax year beginning , and ending b Short tax year. If this tax year is less than 12 months, check the reason L_I Initial return 0 Final return 0 Change in accounting period 0 Consolidated return to be filed 0 Other (see instructions • attach explanation) 6 Tentative total tax 6 7 Total payments and credits (see instructions) 7 8 Balance due. Subtract line 7 from line 6 (see instructions) 8 r o•in 7004 (Rev. 12.2018) 619742 01-18-+r 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806142 FINANCIAL CRIMES ENFORCEMENT NETWORK BSA E-Filing - Report of Foreign Bank and Financial Accounts (FEAR) NEXTMAN20160001 Filing Name NEXT MANAGEMENT LLC Submission Type NEW PIN NOT REQUIRED FinCEN Form 114 Check here if this report is submitted by an authorized third party, and complete the 3rd party prepare( section on page one of the report. The E-file system will auto complete item 46. NOTE: The FBAR must be received by the Department of the Treasury on or before April 18.2017. An automatic extension to October 16.2017 is available. This report filed late for the following reason (Check only one): a 0 Forgot to file b d O O O Did not know that I had to file Thought account balance was below reporting threshold Did not know that my account qualified as foreign e Account statement not received in time z ILI Account statement lost (Replacement requested) Late receiving missing required account information Unable to obtain joint spouse signature in time Unable to access BSA Efiling system Other (please provide explanation below) 523151 02-15-1T 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806143 FinCEN Form 114 REPORT OF FOREIGN BANK AND FINANCIAL ACCOUNTS Do NOT file with your Federal Tax Return 1 This report is for calendar year ended 12/31 2016 me n Part I 1 Filer information 2 Type of filer NEXTMAN2 0160001 a C Individual b Partnership c 0 Corporation d D Consolidated e Q Fiduciary or other • Enter type 3 U.S. Taxpayer Identification Numbs 133495607 O If filer has no U S Identification 3a TIN type 4 Foreign identification (Complete only if item 3 is not applicable) 5 Individual's date of birth MWDD/YYYY SSNATIN a Type: Passport IMI Foreign TIN Other Fl ON b Number c Country of Issue number complete item 4 6 Last name or organization name NEXT MANAGEMENT LLC ?First name 8 Middle initial 8a Suffix 9 Mailing address (number, street. and apt. or suite no.) 15 WATTS STREET, 6TH FLOOR 10 City 11 State 12 ZIP/Postal Code 13 Country NEW YORK NY 10013 USA 14 a) Does the filer have a financial interest in 25 or more financial accounts? Yes I= Enter number of accounts Do not complete Part II or Part III, but maintain records of the information. No ILM b) Does the filer have signature authority over but no financial interest in 25 or more financial accounts? Yes I= Enter number of accounts Comp. Fan IV, items 34 through 43 for each person on whose behalf the filer has sign. authority. No Part III Information on financial account(s) owned separately 15 Maximum value of account during calendar year 15a Amount 16 Type of account aLXJ Bank bLJ Securities cl I Other Enter type below unknown 757,007. C 17 Name of financial institution in which account is held JPMORGAN CHASE BANK 1 other designation 19 Mailing address (number, street, apt. or suite no.) of financial institution in which account is held 125 LONDON WALL 20 City LONDON 21 State, if known 22 Foreign postal code, if known EC2Y5AJ 23 Country UNITED KINGDOM Isignature' 44a Check here LXJ if this report is completed b a third party preparer and complete the third party preparer section. 44 Filer signature The Won will be electrcolceily signed when died 45 Filer title. if not reporting a personal account 146 Date (MWDD Ihka date will auto-IN Men the HMO is asyttionaIlt signed Third Party Preparer Use Only 47 Preparer's last name PRESS 48 First name GARY 49 MI W 50 Checks I if 51 TIN self-employed 51a TIN type I XI PTIN 0 SSNATIN C Foreign Wa Ext. 53 Firm's name 54 Firm's TIN SACKS PRESS & LACHER P 54a TIN type LXJ EIN C Foreign 55 Mailing address (number, street. apt. or suite no.)i 600 THIRD AVENUE 56 City NEW YORK 57 State 58 ZIP/Postal Code NY 100161901 59 Country US 623141 04-0.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806144 p3MIrl Continued - Information on Financial Account(s) Owned Separately FORM 114 Complete a Separate Block for Each Account Owned Separately 1 Filing for calendar year 2016 3-4 Check appropriate Identification Number Taxpayer Identification Number Foreign Identification Number Enter identification number here: 133495607 6 Last Name or Organization Name NEXT MANAGEMENT LLC 15 Maximum value ol account during calendar year 806,117. 17 Name of Financial Institution in which account is h Id JPMORGAN CHASE BANK 1 other designation 15a ArnoulMnkmwn Li 16 Type ol account a I X I Bank b LJ Securities eLJ Other - Enter type below 19 tailing Address (Number, Street, Suite Number) of financial institution in which account is held 125 LONDON WALL 21 State. if known 20 City LONDON 15 Maximum value of account during calendar year 22 ZIPIPostal Code, if known 23 Country EC2Y5AJ UNITED KINGDOM 15a Amami Unknown 16 Type ol account a LJ Bank b LI Securities e LJ Other - Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIPiPostal Code, if known 23 Country 15 Maximum value of account during calendar year isa Amami Unkno 16 Type ol account a Bank b Securities e Other -Enter type below 17 Name of Financial Institution in which account is h Id 18 Account number or other designation 19 Mailing Address (Number, Street, Suite Number) of financial institution in which account is held 20 City 21 State. if known 22 ZIP,Postal Code, if known 23 Country 620315 07-20.16 14370912 758404 PNEXT100 2016.05050 NEXT MANAGEMENT LLC PNEXT104 EFTA00806145 U.S. Return of Partnership Income OMB No. 15454123 Form 1065 for calendar Rat 2016. Or tax year begrimes Department of Ito Tiaaarry tetanal Revenue Santa EXTENSION GRANTED TO 09/15/17 A Rine101 business activity arcs nn 2016 MODEL AGENCY Principal proel,ct a 4,0..1W MODELING AGENCY G Eibeness code:will:oaf 812990 G Check applicable boxes: (1) L_T Initial return (2) LJ Final return (3) LJ Name change (6) Q Technical termination - also check (1) or (2) H Check accounting method: (1) 0 Cash (2) M Accrual (3) 0 Other (specify) ► I Number of Schedules K-1. Attach one for each person who was a partner at any time during the tax year leo J Check if Schedules C and M-3 are attached Type or Print Name or palmothIP NEXT MANAGEMENT LLC Nunn., street. and room or see no h a. box. see the Ins* magma 15 WATTS STREET, 6TH FLOOR City a town. Mato a province, country, and ZIP Cr sonar postal code D Employs. Icisnilliceilon nuMIXt 13-3495607 E Date business started 01/04/1989 F Total assets NEW YORK NY 10013 $19,197,540. (4) L_J Address change (5) L_J Amended return 3 I I Caution. Include only trade or business income and expenses on lines /a through 22 below. See the Instructions for more Information. Income 1 a Gross receipts or sales u 20,803,273. 20,803,273. b Retums and allowances lb c Balance. Subtract line lb from line la 2 Cost of goods sold (attach Form 1125-A) 3 Gross profit. Subtract line 2 from line is 4 Ordinary income (loss) from other partnerships, estates, and Mists (attach statement) SEE 5 Net farm profit (loss) (attach Schedule F (Form 1040)) 6 Net gain (loss) from Form 4797, Part II, line 17 (attach For