Corporate Structure

Calamos Asset Management, Inc. ("CAM") is a public company with Class A shares trading on the NASDAQ Global Select Market under the ticker symbol CLMS. CAM's Class B shares are owned by Calamos Family Partners, Inc. ("CFP"), and have afforded CFP with majority voting control of CAM since CAM went public in 2004. As of March 31, 2014, CFP retained 97.4% of voting control.

Calamos Investments LLC (“Calamos Investments”) is a consolidated company in which CAM holds a 22.2% economic interest and CFP holds a 77.8% economic interest as of March 31, 2014. CAM is the sole manager of Calamos Investments, and it consolidates the financial results of Calamos Investments with its own financial results (CAM and Calamos Investments are collectively referred to as the "Company"). In our consolidated financial statements, CFP is also referred to as "non-controlling interests in Calamos Investments LLC."

Calamos Investments Corporate Structure

(1) Represents combined economic interest of Calamos Family Partners, Inc. and John P. Calamos, Sr. who is also a member of Calamos Investments LLC. Also referred to as collectively “Calamos Interests”.

(2) Represents combined economic interest of all public stockholders, including John P. Calamos, Sr. and John P. Calamos, Jr.’s combined 15.24% ownership interest of Class A common stock. The calculation of ownership interest includes options and RSUs that vest within 60 days, as well as CFP’s ownership interest in Class A common stock purchased by Calamos Investments LLC, pursuant to the Company’s share repurchase plan.