X0204 3 2011-11-16 0 0001491778 Angie's List, Inc. ANGI 0001533900 BV Capital GP II, LLC C/O BV CAPITAL 600 MONTGOMERY STREET, 43RD FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001533899 BV Capital Fund II-A, L.P. C/O BV CAPITAL 600 MONTGOMERY STREET, 43RD FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001533898 BV Capital Fund II, L.P. C/O BV CAPITAL 600 MONTGOMERY STREET, 43RD FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001533897 BV Capital Gmbh & Co Beteiligungs KG No. 1 C/O BV CAPITAL 600 MONTGOMERY STREET, 43RD FLOOR SAN FRANCISCO CA 94111 0 0 1 0 0001534591 BV Capital Management, LLC C/O BV CAPITAL 600 MONTGOMERY STREET, 43RD FLOOR SAN FRANCISCO CA 94111 0 0 1 0 Common Stock 2149080 I By BV Capital GMBH & Co Beteiligungs KG No. 1 Common Stock 1638040 I By BV Capital Fund II, L.P. Common Stock 323536 I By BV Capital Fund II - A, L.P. Series A Convertible Preferred Stock Common Stock 853792 I By BV Capital GMBH & Co Beteiligungs KG No. 1 Series A Convertible Preferred Stock Common Stock 650760 I By BV Capital Fund II, L.P. Series A Convertible Preferred Stock Common Stock 128536 I By BV Capital Fund II - A, L.P. The securities are owned by BV Capital GMBH & Co Beteiligungs KG No. 1 ("BV KG"). BV Capital Management, LLC ("BV Management") serves as the Managing Limited Partner of BV KG. As such, BV Management possesses sole voting and investment control over the shares owned by BV KG and may be deemed to have indirect beneficial ownership of the shares held by BV KG. BV Management, which is under common control with BV GP II (defined in footnote 2), owns no securities of the Issuer directly. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. The securities are owned by BV Capital Fund II, L.P. ("BV II"). BV Capital GP II, LLC ("BV GP II") serves as the General Partner of BV II. As such, BV GP II possesses sole voting and investment control over the shares owned by BV II and may be deemed to have indirect beneficial ownership of the shares held by BV II. BV GP II owns no securities of the Issuer directly. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. The securities are owned by BV Capital Fund II - A, L.P. ("BV II-A"). BV GP II serves as the General Partner of BV II-A. As such, BV GP II possesses sole voting and investment control over the shares owned by BV II-A and may be deemed to have indirect beneficial ownership of the shares held by BV II-A. BV GP II owns no securities of the Issuer directly. Each Reporting Person disclaims beneficial ownership of such shares except to the extent of its pecuniary interest therein. These securities are immediately convertible and do not have an expiration date. Each share of preferred stock will automatically convert on an 8-for-1 basis into this number of shares of common stock upon the closing of the Issuer's initial public offering. BV CAPITAL GMBH & CO BETEILIGUNGS KG NO. 1, By: BV Capital Management, LLC, Its: Managing Limited Partner, By: /s/ Mathias Schilling, Managing Member 2011-11-14 BV Capital Management, LLC, By: /s/ Mathias Schilling, Managing Member 2011-11-14 BV CAPITAL FUND II, L.P. , By: BV Capital GP II, LLC, Its: General Partner, By: /s/ Mathias Schilling, Managing Member 2011-11-14 BV CAPITAL FUND II-A, L.P., By: BV Capital GP II, LLC, Its: General Partner, By: /s/ Mathias Schilling, Managing Member 2011-11-14 BV Capital GP II, LLC, /s/ Mathias Schilling, Managing Member 2011-11-14