X0306 4 2017-03-10 0 0001211759 CONNECTURE INC CNXR 0001673966 Francisco Partners GP IV Management Ltd C/O FRANCISCO PARTNERS MANAGEMENT, L.P. ONE LETTERMAN DRIVE, BUILDING C -STE 410 SAN FRANCISCO CA 94129 0 0 1 0 0001674067 Francisco Partners GP IV, L.P. C/O FRANCISCO PARTNERS MANAGEMENT, L.P. ONE LETTERMAN DRIVE, BUILDING C -STE 410 SAN FRANCISCO CA 94129 0 0 1 0 0001622908 FRANCISCO PARTNERS IV-A, L.P. C/O FRANCISCO PARTNERS MANAGEMENT, L.P. ONE LETTERMAN DRIVE, BUILDING C -STE 410 SAN FRANCISCO CA 94129 0 0 1 0 0001622902 FRANCISCO PARTNERS IV, L.P. C/O FRANCISCO PARTNERS MANAGEMENT, L.P. ONE LETTERMAN DRIVE, BUILDING C -STE 410 SAN FRANCISCO CA 94129 0 0 1 0 Preferred Stock Series B Convertible 2017-03-10 4 P 0 10991 1000.00 A Common Stock 5754450 10991 I See Footnotes Preferred Stock Series B Convertible 2017-03-10 4 P 0 5509 1000.00 A Common Stock 2884293 5509 I See Footnotes The number of shares of common stock of Connecture, Inc. (the "Issuer"), having par value of $0.001 per share (the "Common Stock"), deliverable upon conversion of each share of Series B Convertible Preferred Stock, par value $0.001 per share (the "Series B Preferred Stock"), is equal to approximately 523.56 shares, subject to customary adjustments. The Series B Preferred Stock is convertible at any time and has no expiration date. The Issuer may mandatorily convert the Series B Preferred Stock into Common Stock after March 10, 2019, if certain conditions are met. These securities are directly held by Francisco Partners IV, L.P. ("FP IV"). These securities are directly held by Francisco Partners IV-A, L.P. ("FP IV-A"). The general partner of both FP IV and FP IV-A is Francisco Partners GP IV, L.P. ("FP GP"). The general partner of FP GP is Francisco Partners GP IV Management Limited ("FP GP Management" and collectively with FP IV, FP IV-A and FP GP, "Francisco Partners"). The Directors of FP GP Management are Mr. Dipanjan Deb and Mr. Tom Ludwig and the Investment Committee of FP GP Management consists of Mr. Deb, Mr. David Golob, Mr. Ezra Perlman, and Mr. Keith Geeslin (collectively, the "FP Directors"). Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of such Francisco Partners entities and the FP Directors may be deemed to beneficially own the securities of the Issuer beneficially owned by FP IV and FP IV-A directly or indirectly controlled by it, but each (other than FP IV and FP IV-A to the extent of their direct holdings) disclaims beneficial ownership of such securities, except to the extent of such Reporting Person's pecuniary interest therein. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the Reporting Persons are the beneficial owners of any securities reported herein. FRANCISCO PARTNERS IV, L.P., By: Francisco Partners GP IV, L.P., its General Partner, By: Francisco Partners GP IV Management Limited, its General Partner, By: Name: Ezra Perlman, Title: Co-President 2017-03-14 FRANCISCO PARTNERS IV-A, L.P., By: Francisco Partners GP IV, L.P., its General Partner, By: Francisco Partners GP IV Management Limited, its General Partner, By: Name: Ezra Perlman, Title: Co-President 2017-03-14 FRANCISCO PARTNERS GP IV, L.P., By: Francisco Partners GP IV Management Limited, its General Partner, By: Name: Ezra Perlman, Title: Co-President 2017-03-14 FRANCISCO PARTNERS GP IV MANAGEMENT LIMITED, By: Name: Ezra Perlman, Title: Co-President 2017-03-14