Pershing Square Activist Presentation Deck

Platform Specialty Products (NYSE:PAH) PAH has increased in value by ~100% in the six months since the announcement of the MacDermid acquisition PAH Share Price ($) $25 $20 $15 $10 $5 5/16/2013: Began trading near cash NAV $0 May-13 Jun-13 Jul-13 Aug-13 Source: Bloomberg. *Erratum: Original presentation referred to "4/17/13" 10/10/13: Announced acquisition of MacDermid for $1.8bn TEV Sep-13 1/24/14: PAH listed on NYSE Oct-13 Nov-13 Dec-13 88 Jan-14 $20.26 4/17/14*: Announced acquisition of Chemtura AgroSolutions for $1.0bn TEV Feb-14 Mar-14 Apr-14

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