Disclaimer Investor Presentation This communication is for informational purposes only and has been prepared to assist interested parties in making their own evaluation with respect to the proposed business combination between WKI Holding Company Inc. (“WKI”) and GP Investments Acquisition Corp. (“GPIAC”) and for no other purpose. The information contained herein does not purport to be all-inclusive. The data contained herein is derived from various internal and external sources. No representation is made as to the reasonableness of the assumptions made within or the accuracy or completeness of any projections, modelling or back-testing or any other information contained herein. All levels, prices and spreads are historical and do not represent current market levels, prices or spreads, some or all of which may have changed since the issuance of this communication. Any data on past performance, modeling or back-testing contained herein is no indication as to future performance. GPIAC assumes no obligation to update the information in this communication. Disclaimer: These materials have been prepared for informational purposes only and neither No OffeWr oroSorllicditaKtiointchen (“the Company”) nor Morgan Stanley make any implied representations as to the This communication is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or an i nvitation to purchase any securities or the solicitation of any vote or approavacl icn uanryajucriysdicotironcinocmonnpeclteiotnewnithetshesproopfotsehdebuisninefsos rcommbaintaiotionn bpetrwoeevnidWeKI dan,d oGPrIAaC corcoethpertwiasen, nyor lsihaalbl thileirteybewanhyiscalhe, imssuanyce boretrabnsafesr oef sdecurities in any juorisndictthioneinicnonfotrarvmentaiotniofnappcliocanbletalaiwn. ed herein or omitted herefrom. You agree to keep confidential the Importainnt IfnoforrmaatiotnioFonr Incvoesntotras AindeSdtochkheolrderisn, the fact that this document has been delivered to you, and the fact In connection with the transactions referred to in this communication, on May 13, 2016 GPIAC filed a registration statement on Form S-4 (File No.: 333-211355) with the Securities and ExchangtehCaomtmtihsseionC(“SoECm”) cpoantnainyingisa pcreolimninsairdy perorxiynsgtateamepnot otfeGnPIAtiCathl attraalsoncsonasctittuitoesna.preTlimhinearyepsrotsipmectausteofsG,PIpACr.oAfjter thteiorengistratinondstaftoemrwenat isrdeclared effectiveloGPoIAkCiwnigll msaitl a defimnitievenptrosxyssteattemfoenrtt/phrohspecrtues itno stwocekhroeldeprs roef GpPaIACreandd sbtoackshoelddersoofnWvKI.aTrhisocuomsmaunsicsatuionmispnottioa snusbstwituthe ifcorhthempraoxyy not statement/prospectus or registration statement or for any other document that GPIAC may file with the SEC and send to GPIAC’s stockholders and/or WKI’s stockholders in connection with thebperoproesead tlriaznesadctioins. fINaVcEStT,OaRSnAdNDsSEhCoURuITlYdHOnLoDEtRSbAeRErUeRGliEeDdTOuRpEAoD nTHEaPsROaXYnSTaATcEcMuENrTa/PtReOSrPeECpTUrSeAsNeDnOTtHaEtRioDOnCUoMfENfuTStuFILrEeD WreITHsTuHlEtsSE,C CAREFUwLLYhAiNcDhINmTHaEIRyENdTiIfRfEeTYrWmHEaNtTeHErYiaBEllCyOMfrEoAVmAILAthBLeE BiEnCAfoUSrEmTHaEYtiWoILnL CpONreTAsINeIMnPteORdTAhNTeINreFO.RMNATeIOiNth. IneversttohrseanCd soecmuritpy ahonldyersnwoill rbe able to obtain free copies of the proxy statement/prospectus (when available) and other documents filed with the SEC by GPIAC through the website maintained by the SEC at http://www.sec.gov. Copies of the docuMmeontrsgfialednwiSthttahenSlEeC yby aGPsIAsCuwmill be aavanilayblerferese pofochnarsgeibbyilciotnytatcotinguGpPIdACaatte150aEn. 5y2nod fStrtehete, Sueitse t5i0m03,aNteewsY,orkp, rNoewjeYocrkti1o00n2s2, Aottrn:fIonvrewstoar Rredlations. Participalontos ikn itnhegSoslictiatatieonments contained herein. The Company will make no representations regarding its GPIAC anbduWsKiInanedsthsei,r roesppeectrivaetdiiorenctosrsoanrd fcienrtainnocf tihaelir rrespseuctlivtesexeecxuctivee poftficienrs maayfubellcyonseidxereedcpuartteicidpandtseinfitnheitsiovliceitaatiogn roef peromxiees wnitth raesppepctrotovthee dproposed transactions under the rules of the SEC. Information about the directors and executive officers of GPIAC is set forth in its Annual Report on Form 10-K for the year ended December 31, 2015, wbhicyh witass fiBledowaithrdtheoSfECDonirMeacrctho28r,s2.01T6.hAidsditdioonacl iunfmormeatniotn:re(gi)ardiisngnthoe tpaartincipoanftfseinrthoe prroinxyvsoitliacittaitoions abnyd aMdesocrripgtiaonnof Sthetiar dnirleectyanod irndtihreect interests, by securCityohomldipngas onr yothteorwpiseu, wrcill halsaosbe inoclurdesdeinllthse eprcoxuy srtiattieemsento/prroaspsecstuestasnd, owthhereretlehveanrt minaterrieallsatotiboe nfiletdowitthhtehe SpECrowpheon sthey betcroamenasvailacbtleio. n ForwardoLroookinthg Setartwemiesnets nor any form of commitment or recommendation by Morgan Stanley or the Certain statements included in this communication are not historical facts but are forward-looking statements for purposes of the safe harbor provisions under The Private Securities LitigatioCn RoefmormpAactnoyf 1;99a5n. Fdorw(airid)-ldoookinegsstanteomtenftos gremneratlhly earebacacosmispanoiefd abynwyordcs osunchtrasa“cmtauy”a, “lshoourldo”, t“hwoeurld”a, “gplraen”e, “minteennd”t, “iannticriepaltae”t,i“obenlievteo”, t“hesitismate”, “predictt”r, “apnotsenatiacl”t,i“osenem. ”, “seek”, “continue”, “future”, “will”, “expect”, “outlook” or other similar words, phrases or expressions. These forward-looking statements include statements regarding our industry, future events, the proposed transaction between GPIAC and WKI, the estimated or anticipated future results and benefits of GPIAC and WKI following the transaction, including the likelihood and ability of the parties to successfully consummate the proposed transaction, fut ure opportunities for the combined company, and other statements that are not historical facts. These statements are based on the current expectations of GPIAC and WKI management and are not predictions of actual performance. These statements are subject to a number of risks and uncertainties regarding GPIAC’s and WKI’s respective businesses and the transaction, and actual results may differ materially. These risks and uncertainties include, but are not limited to, changes in the business environment in which GPIAC and WKI operate, includ ing inflation and interest rates, and general financial, economic, regulatory and political conditions affecting the industry in which WKI operates; changes in taxes, governmental laws, and regulations; competitive product and pricing 2