Stratcap Funds

1

Strategic Forecasting, Inc.

Shareholders

Stratfor Enterprises

StratforNewco

Stratcap Management Companies

Stratcap Funds

Morenz GroupMorenz Member

GeorgeFriedman

20%

70%

5%

5%

90% 10%

Tax Legend

Corporation

Partnership

Multiple Entities & Individuals

Various%

SM/Stratfor Partners

90%

10%

100% Economic0% Voting

0% Economic100% Voting