Partnership Philosophy

We believe that IMC should own companies in partnership with their management teams. IMC's primary role as management's partner is to support the management teams in the achievement of their goals. We expect the management teams of our companies to have their own capital invested in their businesses. IMC and its partners will benefit as owners through the appreciation in the value of the companies we own together.

Our partnerships with management are based on the following:

• Long-term focus and commitment by both IMC and our partners
• Alignment of the interests of IMC and our partners
• Operational autonomy for the management team
• Philosophy of honoring all commitments
• Respect for each other's investments in, commitments to, and goals for the partnership