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KKR Capital Markets LLC, an underwriter of this offering, is an affiliate of KKR, the management company of certain of our existing owners. Because these existing owners will own more than 10% of our outstanding capital stock, a “conflict of interest” is deemed to exist under FINRA Rule 5121(f)(5)(B). Rule 5121 permits KKR Capital Markets LLC to participate in this offering notwithstanding this conflict of interest because the offering satisfies Rule 5121(a)(1)(A). In accordance with Rule 5121, KKR Capital Markets LLC will not sell any of our securities to a discretionary account without receiving written approval from the account holder.
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