X0306 4 2015-05-27 1 0001590976 Malibu Boats, Inc. MBUU 0001598944 Black Canyon Investments, L.P. 2000 AVENUE OF THE STARS, 11TH FLOOR LOS ANGELES CA 90067 1 0 1 0 0001598940 Black Canyon Investments LLC 2000 AVENUE OF THE STARS, 11TH FLOOR LOS ANGELES CA 90067 1 0 1 0 0001598704 Black Canyon Capital LLC 2000 AVENUE OF THE STARS, 11TH FLOOR LOS ANGELES CA 90067 1 0 1 0 0001598589 Hooks Michael K. 2000 AVENUE OF THE STARS, 11TH FLOOR LOS ANGELES CA 90067 1 0 1 0 0001599097 Lanigan Mark W. 2000 AVENUE OF THE STARS, 11TH FLOOR LOS ANGELES CA 90067 1 0 1 0 Class A Common Stock 2015-05-27 4 C 0 1296389 0.00 A 1296389 I See Footnote Class A Common Stock 2015-05-27 4 C 0 160702 0.00 A 160702 I See Footnote Class A Common Stock 2015-05-27 4 C 0 128897 0.00 A 128897 I See Footnote Class A Common Stock 2015-05-27 4 S 0 1296389 19.05 D 0 I See Footnote Class A Common Stock 2015-05-27 4 S 0 160702 19.05 D 0 I See Footnote Class A Common Stock 2015-05-27 4 S 0 128897 19.05 D 0 I See Footnote Class A Common Stock 2015-05-27 4 S 0 119333 19.05 D 0 I See Footnote Class A Common Stock 2015-05-27 4 S 0 897095 19.05 D 0 I See Footnote Class B Common Stock 2015-05-27 4 J 0 1 0.00 D 0 I See Footnote Class B Common Stock 2015-05-27 4 J 0 1 0.00 D 0 I See Footnote Class B Common Stock 2015-05-27 4 J 0 1 0.00 D 0 I See Footnote Units of Malibu Boats Holdings, LLC 2015-05-27 4 C 0 1296389 0.00 D Class A Common Stock 1296389 0 I See Footnote Units of Malibu Boats Holdings, LLC 2015-05-27 4 C 0 160702 0.00 D Class A Common Stock 160702 0 I See Footnote Units of Malibu Boats Holdings, LLC 2015-05-27 4 C 0 128897 0.00 D Class A Common Stock 128897 0 I See Footnote Pursuant to the terms of exchange agreements (the "Exchange Agreement") between Malibu Boats, Inc. (the "Issuer") and holders of limited liability company interests of Malibu Boats Holdings, LLC (the "LLC Units"), a holder of LLC Units has the right to exchange LLC Units for shares of the Issuer's Class A Common Stock on a one-for-one basis, subject to customary conversion rate adjustments for stock splits, stock dividends and reclassifications, or at the Issuer's option, other than in the event of a change in control, for a cash payment equal to the market value of the LLC Units. The LLC Units have no expiration date. Prior to the closing of the public offering of Class A Common Stock by certain selling stockholders of the Issuer (the "Offering") on May 27, 2015, Black Canyon Direct Investment Fund L.P. ("BC Fund"), Canyon Value Realization Fund, L.P. ("Canyon Fund"), and Loudon Partners, LLC ("Loudon") exchanged LLC Units for the equivalent number of shares of the Issuer's Class A Common Stock in accordance with the terms of the Exchange Agreement. The amount shown represents the beneficial ownership of Class A Common Stock, Class B Common Stock and LLC Units, as applicable, owned directly by BC Fund. The amount shown represents the beneficial ownership of Class A Common Stock, Class B Common Stock and LLC Units, as applicable, owned directly by Canyon Fund. The amount shown represents the beneficial ownership of Class A Common Stock, Class B Common Stock and LLC Units, as applicable, owned directly by Loudon. BC Fund, Canyon Fund, Loudon, BC-MB GP and Canyon Value Realization Master Fund. L.P. ("Canyon Master Fund") sold shares of Class A Common Stock in the Offering at a price of $19.05 per share, after deducting underwriting discounts and commissions of $0.95 per share. The amount shown represents the beneficial ownership of Class A Common Stock owned directly by BC-MB GP. The amount shown represents the beneficial ownership of Class A Common Stock owned directly by Canyon Master Fund. In accordance with Section 5.C. of the Issuer's Certificate of Incorporation, any share of Class B Common Stock of the Issuer held by a holder of LLC Units is automatically transferred to the Issuer and retired by the Issuer upon such holder ceasing to own any LLC Units. See Exhibit 99 for the relationship among the reporting persons identified herein. Exhibit List: Exhibit 99 BLACK CANYON INVESTMENTS L.P., By: Black Canyon Investments LLC, its general partner, By: Black Canyon Capital LLC, a managing member, /s/ Wayne Wilson as attorney-in-fact 2015-05-27 BLACK CANYON INVESTMENTS LLC, By: Black Canyon Capital LLC, a managing member, /s/ Wayne Wilson as attorney-in-fact 2015-05-27 BLACK CANYON CAPITAL LLC, /s/ Wayne Wilson as attorney-in-fact 2015-05-27 MICHAEL K. HOOKS, /s/ Wayne Wilson as attorney-in-fact 2015-05-27 MARK W. LANIGAN, /s/ Wayne Wilson as attorney-in-fact 2015-05-27