Page 71 - Hello! California Proposal - Global Growth Conference 2020

F I N A N C I A L S

Is the company public or privately held?

Hello Destination Management is a privately held company and proud of our
financially sound foundation and perfect credit history.

Hello! Destination Management is wholly owned by brothers, Paul S. Mears III
and James B. Mears. Paul III and Jimmy represent the third generation of Mears
working and serving the hospitality industry. Paul III is the President of Hello!
Destination Management and is responsible for the everyday success of the

organization.

As a family owned business, and one that does not franchise, clients can count
on consistent philosophies, systems and service results. Further, all stakeholders
(clients, employees and suppliers) can count on a consistent approach rather
than violent swings in business practices to accommodate quarterly earnings

pressures from institutional investors.

What was your annual revenue for the past

3 years?

2018 - $139,000,000

2017 -$111,000,000
2016 - $95,000,000

Describe, briefly, any pending or past legal proceedings or legal proceedings
known to be contemplated, that relate to business activities of your company or
any affiliates, former affiliates, or any of their principals or former principals. Please

describe the factual basis alleged and relief sought or any judgment, order or
determination of any court to which the company or any affiliate or any of their
principals is subject.

No previous or pending judgments for the company or any of its principals.