Overview of Transaction

• On November 28, 2016, SquareTrade announced its $1.4 billion all-cash strategic sale to the Allstate Corporation
• Headquartered in San Francisco, CA, SquareTrade offers top-rated protection plans trusted by millions of consumers for electronics and appliances
• SquareTrade's branded products are sold through major retailers
• Allstate is the largest publicly held personal lines property and casualty insurer in America serving more than 16 million households nationwide
• More details available in Allstate’s transaction investor presentation

Significance of Transaction

• This transaction expands Allstate's protection offering to consumer electronics, connected devices and appliances
• SquareTrade substantially increases Allstate's customer relationships while providing both strong near-term and long-term growth opportunities

FT Partners' Role

• FT Partners served as exclusive strategic and financial advisor to SquareTrade and its Board of Directors
• This transaction demonstrates FT Partners' continued leadership position as the "advisor of choice" to the highest quality FinTech companies
• FT Partners represented SquareTrade in its $238 million strategic growth investment with Bain Capital and Bain Capital Ventures
• FT Partners also recently represented Bain Capital Ventures' portfolio company Enservio in its sale to Solera demonstrating our long-term trusted relationship