Go Daddy Hedging What we do and how

Go. Daddy Hedging What we do and how we do it in 2000 slides or less November 2017 Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved.

Our vision is to radically shift the global economy toward life-fulfilling independent ventures. Our mission is to help our customers kick ass by giving them the tools, insights and the people to transform their ideas and personal initiative into success, however they measure it. Andrea & Brad Danielson Brewhemia Cedar Rapids, IA USA Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 2

What We Do Domains Hosting & Presence Business Applications Get a great name. Bring your name to life. Grow your business. $928 M 50% $679 M 37% $241 M 13% 10% increase over 2015. 15% increase over 2015. 38% increase over 2015. of revenue All built on a global, high-performance infrastructure and wrapped in world-class customer care. Unless otherwise noted, all numbers are as of December 31, 2016. Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 3

Just get the job done. Jeremy Beadle on Unsplash Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 4

Bold Expansion Globally 50+ Markets and 100+ Countries 5 7 % G r o w t h Yo. Y growth 61% measured in constant currency. Unless otherwise noted, all numbers are as of June 30, 2017. Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 5

Quantifying the Exposure Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 6

Quantifying the Exposure Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 7

Value at Risk & Bang for your Buck Marginal Va. R divided by hedge cost Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 8

Timing the Maturity Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 9

Vanilla vs. Average Ilya Llukhin on Unsplash Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 10

The Sell: Management & Auditors Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 11

We Have the Technology Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 12

Earning a Degree in Documentation Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 13

The Trade Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 14

The Aftermath: Accounting & Reporting Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 15

Acquisition Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 16

Acquisition Funding Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 17

Acquisition Exposure Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 18

Acquisition Exposure Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 19

Swap Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 20

Swap EUR Fixed to USD Floating Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 21

Cash Flows Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 22

Cash Flows Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 23

Vanilla vs. Swaps 1. Swap market liquidity cap 5 years 2. We settle the currency swap gross—cash actually flows for both legs 3. We settle the IR swap net, but combine it with the USD part of the currency swap 4. There is a significant credit charge (~50 bps). Where you put this on the swap matters economically and for auditors 5. Our notional was so large, we had to syndicate it to 6 banks. Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved. 24

Twitter: @Erin. Finance. Nerd Linked. In: Erin O’Shea 2017 © Go. Daddy Inc. Copyright© 2017 Go. Daddy Inc. | 14455 N. Hayden Road Scottsdale, Arizona 85260 (480) 505 -8800 | All Rights Reserved.