Elite Alliance

Elite Alliance Report of Key Operating Exchange Statistics 2017

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The Elite Alliance, LLC Notes to Report of Key Operating Exchange Statistics 6 The Program receives improperly submitted exchange requests in the normal course of business or no request at all. These are excluded from the key operating exchange statistics because the members failed to follow the procedures provided in the membership agreement and by the Company. 5. Outstanding Obligation At December 31, 2017, members had accumulated 184,687 Elite Credits for which they have the right to an exchange opportunity in 2018 or 2019. This represents a total of approximately 4,226 exchanges based on an average number of Elite Credits per exchange confirmed by the Program during the current year of 43.7.

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