Exhibit 99.27
Project Island – Follow Up Discussion MaterialsJanuary 15, 2016Confidential – For Discussion & General Information Purposes Only
Sensitivity Analysis of Cash Consideration per Share($ and Shares in Millions, except per share data)Sensitivity Analysis of Cash Consideration per Share at Various Assumed Tahiti Share PricesPrice as of 1/14/16Assumed 10-Day Avg. Tahiti Share Price (NTD) at Closing $28.20 $30.00 $31.00 $32.00 $33.00 $34.00 $35.00 $36.00 $37.00 $38.00 $39.00 $40.00 $40.00 Assumed Fixed Exchange Rate 32.801 32.801 32.801 32.801 32.801 32.801 32.801 32.801 32.801 32.801 32.801 32.801 32.801 Tahiti Share Price (USD) $0.86 $0.91 $0.95 $0.98 $1.01 $1.04 $1.07 $1.10 $1.13 $1.16 $1.19 $1.22 $1.22 Initial Barbados Cash $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 $61.02 Less SARs/Options Costs $10.76 $12.29 $13.17 $14.05 $14.94 $15.82 $16.69 $17.57 $18.44 $19.32 $20.19 $21.06 $20.98 Assumed Deal Expenses $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $3.50 $5.00 Total Net Barbados Cash $46.77 $45.24 $44.35 $43.47 $42.59 $41.71 $40.83 $39.95 $39.08 $38.21 $37.34 $36.46 $35.05 Net Barbados Cash per Share $1.71 $1.66 $1.63 $1.59 $1.56 $1.53 $1.50 $1.46 $1.43 $1.40 $1.37 $1.34 $1.28 Total Cash Consideration Paid by Tahiti $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 $59.09 Cash Consideration Paid by Tahiti per Share $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 $2.17 Total Cash Consideration $105.86 $104.33 $103.45 $102.56 $101.68 $100.80 $99.92 $99.05 $98.17 $97.30 $96.43 $95.56 $94.14 Total Cash Consideration per Share $3.88 $3.82 $3.79 $3.76 $3.73 $3.69 $3.66 $3.63 $3.60 $3.57 $3.53 $3.50 $3.45 Implied Equity Consideration per Share at Signing $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 $16.09 Valued at 1/14/16 Tahiti Closing Share Price Total Implied Consideration per Share at Signing $19.96 $19.91 $19.88 $19.84 $19.81 $19.78 $19.75 $19.71 $19.68 $19.65 $19.62 $19.59 $19.53 Valued at 1/14/16 Tahiti Closing Share Price Barbados Closing Share Price at 1/14/16 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 $17.85 Implied 1-Day Premium to Barbados Share Price 11.8% 11.5% 11.3% 11.2% 11.0% 10.8% 10.6% 10.4% 10.3% 10.1% 9.9% 9.7% 9.4%Source: Tahiti Management, FactsetProject Island 2
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