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 Partners LLC ("Calamos Partners"), and have afforded Calamos Partners with majority voting control of CAM. As of September 30, 2016, Calamos Partners 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 Calamos Partners holds a 77.8% economic interest as of September 30, 2016. 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, Calamos Partners is also referred to as "non-controlling interests in Calamos Investments LLC".

Calamos Investments Corporate Structure

(1) Represents combined economic interest of Calamos Partners LLC. 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 20.78% ownership interest of Class A common stock. The calculation of ownership interest includes options and restricted stock units that vest within 60 days, as well as Calamos Partners’ indirect ownership interest in Class A common stock purchased by Calamos Investments LLC, pursuant to the Company’s share repurchase plan.