X0306 4 2016-03-22 0 0001593936 Michaels Companies, Inc. MIK 0001040508 BAIN CAPITAL INVESTORS LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001432605 Bain Capital Integral Investors 2006, LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 0001326753 BCIP TCV, LLC 200 CLARENDON STREET BOSTON MA 02116 0 0 1 0 Common Stock 2016-03-22 4 J 0 398818 0.00 D 66579159 I See Footnotes Bain Capital Investors, LLC ("BCI") is the administrative member of Bain Capital Integral Investors 2006, LLC ("Integral 2006"). On March 22, 2016, Integral 2006 distributed 398,818 shares of Common Stock to one or more of its members or partners in connection with certain charitable gifts made on March 22, 2016. Following such distribution, Integral 2006 held 66,383,681 shares of Common Stock. As of March 22, 2016, BCIP TCV, LLC ("BCIP TCV" and together with Integral 2006, the "Bain Capital Entities"), whose administrative member is Boylston Coinvestors, LLC held 195,478 shares of Common Stock. The governance, investment strategy and decision-making process with respect to the investments held by the Bain Capital Entities is directed by BCI's Global Private Equity Board. As a result, BCI may be deemed to share voting and dispositive power with respect to all of the shares of Common Stock held by the Bain Capital Entities. BCI disclaims beneficial ownership of such securities except to the extent of its pecuniary interest therein. Bain Capital Investors, LLC, By: /s/ Joshua Bekenstein, Name: Joshua Bekenstein, Title: Managing Director 2016-03-24 Bain Capital Integral Investors 2006, LLC, By: Bain Capital Investors, LLC, its administrative member, By: /s/ Joshua Bekenstein, Name: Joshua Bekenstein, Title: Managing Director 2016-03-24 BCIP TCV, LLC, By: Boylston Coinvestors, LLC, its administrative member, By: /s/ Joshua Bekenstein, Name: Joshua Bekenstein, Title: Authorized Signatory 2016-03-24