*The 28% Fully Realized Average Internal Rate of Return (IRR) figure has been compiled by Midas Hospitality, LLC based on the contribution and distribution data for all its exited investments from its inception in March 2006 to December 31, 2023. The IRR was calculated using the “XIRR” spreadsheet function in Microsoft Excel, which evaluates an array of values, with contributions as negative values and distributions as positive values, and the corresponding dates in the array are the actual dates that contributions/distributions were made. The full set of data used to calculate this figure is available upon request.