GNC 2010 Annual Report Download - page 171

Table of Contents
Beneficial Ownership
Class A Class B Series A
Common Common Preferred
Name of Beneficial Owner Shares Shares Percentage Shares Percentage
Beneficial Owners of 5% or More of Outstanding Parent's Common Stock :
Ares Corporate Opportunities Fund II, L.P9 33,539,898 — 38.7% 11,460,102 38.2%
KL Holdings LLC10 4,605,028 — 5.3% 1,573,472 5.3%
Ontario Teachers' Pension Plan Board11 14,581,393 28,168,561 49.3% 14,607,046 48.7%
* Less than 1% of the outstanding shares.
(1) The address of Mr. Hines and each current executive officer is c/o General Nutrition Centers, Inc., 300 Sixth Avenue, Pittsburgh,
Pennsylvania 15222.
(2) On March 16, 2007, in connection with the Merger, our Parent entered into a stockholders agreement with each of our stockholders.
Pursuant to the stockholders agreement, as amended February 12, 2008, our Parent's principal stockholders each have the right to
designate four members of our Parent's board of directors (or, at the sole option of each, five members of the board of directors, one of
which shall be independent), for so long as they or their respective affiliates each own at least 10% of the outstanding common stock of
our Parent. As a result, each of ACOF and OTPP may be deemed to be the beneficial owner of the shares of our Parent's common stock
and preferred stock held by the other parties to the stockholders' agreement. ACOF and OTPP each expressly disclaims beneficial
ownership of such shares of our Parent's common stock and preferred stock.
(3) The address of each of Messrs. Axelrod, Kaplan and Schwartz is c/o Ares Corporate Opportunities Fund II, L.P., 2000 Avenue of the
Stars, 12th Floor, Los Angeles, California 90067.
(4) Mr. Claerhout is the Vice President and Mr. Leemrijse is a Director of the private equity group of OTPP. Each of Messrs. Claerhout and
Leemrijse disclaims beneficial ownership of the shares of our Parent's common stock and preferred stock owned by OTPP.
(5) The address for each of Messrs. Claerhout, Fortino and Leemrijse is c/o Ontario Teachers' Pension Plan Board, 5650 Yonge Street,
Toronto, Ontario M2M 4H5.
(6) Ms. Kaplan is a member of Axcel Managers LLC, the managing member of Axcel Partners III LLC, and of SK Limited Partnership, a
member of Axcel Partners III LLC. Axcel Partners III LLC holds 318,693 shares of our Class A common stock and 128,861 shares of our
Series A preferred stock. Ms. Kaplan disclaims beneficial ownership of the shares owned by Axcel Partners III LLC, except to the extent
of any pecuniary interest therein. The address of each of Axcel Managers LLC, SK Limited Partnership and Axcel Partners III LLC is
10955 Nacirema Lane, Stevenson, MD 21153. 165