Copyright2018 by SEG Capital Advisors, LLC. All Rights Reserved2 3REPORT DEFINITIONS 4BRIEF SEG OVERVIEW 9SaaS PUBLIC MARKET UPDATE 21APPENDIX TABLE OF CONTENTS Copyright2018 by SEG Capital Advisors, LLC. All Rights Reserved3 SaaS SaaS COMPANIES ARE DEFINED AS THOSE COMPANIES THAT PRIMARILY OFFER THEIRSOLUTIONS VIA THE CLOUD AND THROUGH A SUBSCRIPTION OR TRANSACTION BASED PRICINGMODEL SOFTWARE SOFTWARE COMPANIES ARE DEFINED AS THOSE COMPANIES THAT ARE DEEMED TO BE LICENSEMODEL BUSINESSES OR MAY BE IN THE EARLY STAGES OF CONVERTING TO SUBSCRIPTION - BASED MODELS EVENTERPRISE VALUE TTMTRAILING TWELVE MONTHS YoYYEAR-OVER-YEARQoQQUARTER-OVER-QUARTER REPORT DEFINITIONSBRIEF SEG OVERVIEW SEG SNAPSHOT: 2Q18 SaaS PUBLIC MARKET UPDATE Copyright2018 by SEG Capital Advisors, LLC. All Rights Reserved4 。。。。。。