X0206 3 2014-06-26 0 0001593936 Michaels Companies, Inc. MIK 0001213402 LEVIN MATTHEW S BAIN CAPITAL INVESTORS, LLC JOHN HANCOCK TOWER, 200 CLARENDON STREET BOSTON MA 02116 1 0 1 0 Common Stock 81455630 I See Footnotes Bain Capital Investors, LLC ("BCI") is the administrative member of Bain Capital Integral Investors 2006, LLC ("Integral 2006"). As of June 26, 2014, Integral 2006 held 81,217,899 shares of Common Stock. BCI is also the administrative member of BCIP TCV, LLC ("BCIP TCV" and together with Integral 2006, the "Bain Entities"). As of June 26, 2014, BCIP TCV held 237,731 shares of Common Stock. Matthew S. Levin is a Managing Director of BCI. By virtue of the relationships described in these footnotes, Mr. Levin may be deemed to share voting and dispositive power with respect to all of the shares of Common Stock held by the Bain Entities. Mr. Levin disclaims beneficial ownership of such securities except to the extent of his pecuniary interest therein. /s/ Matthew S. Levin 2014-06-26