MAGAZINE Publisher s Statement 6 months ended June 30, 2015 Subject to Audit

MAGAZINE Publisher s Statement 6 months ended June 30, 2015 Subject to Audit Field Served: INSTYLE celebrates the private side of public faces, revealing the personal style choices of the world s most fascinating people. An insider s guide to the latest trends in beauty, fashion, home, entertaining and charities, INSTYLE is a trusted, one-stop source for style inspiration and ideas. Published by Frequency: Time Inc. 13 times/year 1. TOTAL AVERAGE PAID & VERIFIED CIRCULATION : (See Par. 6) Average for the Statement Period % Rate Base Above (Below) % Above (Below) : Paid 1,336,241 76.7 36,357 2.1 Paid 1,372,598 78.8 58,648 3.4 58,648 3.4 1,431,246 82.2 Single Copy Sales 291,960 16.8 17,837 1.0 Single Copy Sales 309,797 17.8 1,741,043 100.0 1,700,000 41,043 2.4 2. PRICES Suggested Average Price (2) Retail Prices (1) Net Gross (Optional) Average Single Copy $5.32 Subscription $26.00 Average Subscription Price Annualized (13 issue frequency) $21.05 Average Subscription Price per Copy $1.62 (1) For the Statement period (2) Represents subscriptions for the 12 months ended December 31, 2014. 04-0516-0 48 W. Seegers Road Arlington Heights, IL 60005-3913 T: 224.366.6939 F: 224.366.6949 www.auditedmedia.com

3. PAID & VERIFIED CIRCULATION BY ISSUE OF PRINT AND DIGITAL ISSUE Paid Single Copy Sales Paid Single Copy Sales Paid & Jan. 1,350,688 37,486 1,388,174 78,631 78,631 1,466,805 224,014 17,928 241,942 1,653,333 55,414 1,708,747 Feb. 1,315,296 36,942 1,352,238 64,506 64,506 1,416,744 312,952 18,036 330,988 1,692,754 54,978 1,747,732 Mar. 1,356,441 36,507 1,392,948 76 76 1,393,024 350,473 18,908 369,381 1,706,990 55,415 1,762,405 Apr. 1,346,093 36,007 1,382,100 64,880 64,880 1,446,980 284,353 17,327 301,680 1,695,326 53,334 1,748,660 May 1,317,836 35,726 1,353,562 64,928 64,928 1,418,490 310,566 17,465 328,031 1,693,330 53,191 1,746,521 June 1,331,092 35,474 1,366,566 78,867 78,867 1,445,433 269,402 17,358 286,760 1,679,361 52,832 1,732,193 4. AVERAGE CIRCULATION BY REGIONAL, METRO & DEMOGRAPHIC EDITIONS None 5. TREND ANALYSIS 2010 % 2011 % 2012 % 2013 % 2014 % : Paid 1,096,277 61.4 1,114,107 64.5 1,189,743 66.7 1,268,673 70.8 1,333,683 75.8 49,424 2.8 46,733 2.7 58,086 3.2 68,629 3.8 63,287 3.6 1,145,701 64.2 1,160,840 67.2 1,247,829 69.9 1,337,302 74.6 1,396,970 79.4 Single Copy Sales 638,163 35.8 565,950 32.8 536,646 30.1 455,878 25.4 361,554 20.6 1,783,864 100.0 1,726,790 100.0 1,784,475 100.0 1,793,180 100.0 1,758,524 100.0 Year Over Year Percent of Change 1.2-3.2 3.3 0.5-1.9 Avg. Annualized Subscription Price $23.50 $24.03 $24.14 $22.74 $22.33 Page 2 of 5 04-0516-0

6. SUPPLEMENTAL ANALYSIS OF AVERAGE PAID & VERIFIED CIRCULATION The following averages, as reported below, are included in Par. 1 and annotated here per applicable rules. See Par. 9 for full explanation. Average for Period Average for Period 6A. ADDITIONAL ANALYSIS OF VERIFIED PUBLIC PLACE The following represents the average public place copies made available during the statement period to the following public areas: 6B. ADDITIONAL ANALYSIS OF VERIFIED INDIVIDUAL USE The following represents the average individual use copies made available during the statement period to the following individuals: % of PAID SUBSCRIPTIONS Individual * 602,867 35,887 638,754 36.7 Combination * 34,881 34,881 2.0 Award Point* 258,238 470 258,708 14.8 Partnership: Deductible* 440,255 440,255 25.3 TOTAL PAID SUBSCRIPTIONS 1,336,241 36,357 1,372,598 78.8 VERIFIED SUBSCRIPTIONS Public Place (See Par. 6A) 53,985 53,985 3.1 Individual Use (See Par. 6B) 4,663 4,663 0.3 TOTAL VERIFIED SUBSCRIPTIONS 58,648 58,648 3.4 TOTAL PAID & VERIFIED SUBSCRIPTIONS 1,394,889 36,357 1,431,246 82.2 SINGLE COPY SALES Single Sales 291,960 17,837 309,797 17.8 TOTAL SINGLE COPY SALES 291,960 17,837 309,797 17.8 TOTAL PAID & VERIFIED CIRCULATION 1,686,849 54,194 1,741,043 100.0 *Included in Average Price calculation Subscription: Personal Care Salons Public Place Other Public Place Copies Public Place 53,985 53,985 Individual Use Other Individual Use Copies Individually Subscription: Requested Individual Use 4,663 4,663 Page 3 of 5 04-0516-0

7. GEOGRAPHIC DATA for the February 2015 issue paid & verified circulation of this issue was 0.4% greater than the total average paid & verified circulation. Subscription and single copy sales figures are based on the percentage for each State/Province determined by analysis of the July 2014 issue and these percentages are projected against the total for the February 2015 issue. State PAID SUBSCRIPTIONS VERIFIED SUBSCRIPTIONS SINGLE COPY SALES Paid Single Copy Sales Alabama 13,480 13,480 605 605 14,085 2,356 2,356 16,441 16,441 Arizona 28,295 28,295 920 920 29,215 5,170 5,170 34,385 34,385 Arkansas 7,702 7,702 330 330 8,032 1,265 1,265 9,297 9,297 California 193,996 193,996 8,941 8,941 202,937 34,990 34,990 237,927 237,927 Colorado 26,480 26,480 985 985 27,465 4,714 4,714 32,179 32,179 Connecticut 18,167 18,167 1,468 1,468 19,635 2,957 2,957 22,592 22,592 Delaware 3,869 3,869 166 166 4,035 637 637 4,672 4,672 District of Columbia 4,926 4,926 146 146 5,072 631 631 5,703 5,703 Florida 89,501 89,501 4,012 4,012 93,513 17,985 17,985 111,498 111,498 Georgia 37,148 37,148 1,195 1,195 38,343 8,321 8,321 46,664 46,664 Idaho 4,269 4,269 60 60 4,329 964 964 5,293 5,293 Illinois 61,562 61,562 3,003 3,003 64,565 11,895 11,895 76,460 76,460 Indiana 19,020 19,020 2,056 2,056 21,076 4,105 4,105 25,181 25,181 Iowa 9,731 9,731 634 634 10,365 1,566 1,566 11,931 11,931 Kansas 9,907 9,907 569 569 10,476 1,428 1,428 11,904 11,904 Kentucky 13,206 13,206 670 670 13,876 2,523 2,523 16,399 16,399 Louisiana 13,974 13,974 479 479 14,453 1,908 1,908 16,361 16,361 Maine 3,314 3,314 469 469 3,783 984 984 4,767 4,767 Maryland 27,229 27,229 1,473 1,473 28,702 4,731 4,731 33,433 33,433 Massachusetts 33,049 33,049 2,368 2,368 35,417 7,947 7,947 43,364 43,364 Michigan 32,681 32,681 2,374 2,374 35,055 8,347 8,347 43,402 43,402 Minnesota 23,500 23,500 1,149 1,149 24,649 4,921 4,921 29,570 29,570 Mississippi 6,664 6,664 214 214 6,878 1,064 1,064 7,942 7,942 Missouri 19,011 19,011 1,132 1,132 20,143 3,433 3,433 23,576 23,576 Montana 2,615 2,615 13 13 2,628 1,582 1,582 4,210 4,210 Nebraska 6,139 6,139 289 289 6,428 1,260 1,260 7,688 7,688 Nevada 11,468 11,468 250 250 11,718 3,380 3,380 15,098 15,098 New Hampshire 4,477 4,477 532 532 5,009 1,245 1,245 6,254 6,254 New Jersey 48,999 48,999 2,877 2,877 51,876 17,201 17,201 69,077 69,077 New Mexico 5,508 5,508 265 265 5,773 901 901 6,674 6,674 New York 96,373 96,373 4,788 4,788 101,161 14,744 14,744 115,905 115,905 North Carolina 34,215 34,215 1,715 1,715 35,930 6,480 6,480 42,410 42,410 North Dakota 2,399 2,399 9 9 2,408 589 589 2,997 2,997 Ohio 40,272 40,272 2,236 2,236 42,508 7,675 7,675 50,183 50,183 Oklahoma 12,075 12,075 603 603 12,678 1,957 1,957 14,635 14,635 Oregon 14,852 14,852 556 556 15,408 2,606 2,606 18,014 18,014 Pennsylvania 50,506 50,506 3,101 3,101 53,607 6,660 6,660 60,267 60,267 Rhode Island 4,614 4,614 450 450 5,064 796 796 5,860 5,860 South Carolina 15,356 15,356 757 757 16,113 3,801 3,801 19,914 19,914 South Dakota 2,470 2,470 8 8 2,478 429 429 2,907 2,907 Tennessee 21,252 21,252 1,130 1,130 22,382 3,748 3,748 26,130 26,130 Texas 103,389 103,389 4,209 4,209 107,598 17,541 17,541 125,139 125,139 Utah 8,402 8,402 624 624 9,026 1,522 1,522 10,548 10,548 Vermont 1,843 1,843 223 223 2,066 458 458 2,524 2,524 Virginia 37,234 37,234 1,450 1,450 38,684 6,087 6,087 44,771 44,771 Washington 29,602 29,602 1,723 1,723 31,325 7,218 7,218 38,543 38,543 West Virginia 3,748 3,748 121 121 3,869 936 936 4,805 4,805 Wisconsin 20,899 20,899 1,114 1,114 22,013 2,298 2,298 24,311 24,311 Wyoming 1,469 1,469 44 44 1,513 367 367 1,880 1,880 TOTAL 48 CONTERMINOUS STATES 1,280,857 1,280,857 64,505 64,505 1,345,362 246,323 246,323 1,591,685 1,591,685 Alaska 2,096 2,096 1 1 2,097 564 564 2,661 2,661 Hawaii 7,025 7,025 7,025 567 567 7,592 7,592 TOTAL ALASKA & HAWAII 9,121 9,121 1 1 9,122 1,131 1,131 10,253 10,253 U.S. Unclassified TOTAL UNITED STATES 1,289,978 1,289,978 64,506 64,506 1,354,484 247,454 247,454 1,601,938 1,601,938 Poss. & Other Areas 2,131 2,131 2,131 121 121 2,252 2,252 U.S. & POSS., etc. 1,292,109 1,292,109 64,506 64,506 1,356,615 247,575 247,575 1,604,190 1,604,190 CANADA Alberta 2,975 2,975 2,975 8,128 8,128 11,103 11,103 British Columbia 3,088 3,088 3,088 9,166 9,166 12,254 12,254 Manitoba 836 836 836 1,619 1,619 2,455 2,455 New Brunswick 271 271 271 807 807 1,078 1,078 Newfoundland/Labrador 118 118 118 555 555 673 673 Northwest Territories 13 13 13 35 35 48 48 Nova Scotia 429 429 429 1,306 1,306 1,735 1,735 Nunavut 3 3 3 3 3 Ontario 11,051 11,051 11,051 22,247 22,247 33,298 33,298 Prince Edward Island 60 60 60 161 161 221 221 Quebec 2,384 2,384 2,384 3,918 3,918 6,302 6,302 Saskatchewan 761 761 761 1,388 1,388 2,149 2,149 Yukon Territory 7 7 7 47 47 54 54 Canadian Unclassified TOTAL CANADA 21,996 21,996 21,996 49,377 49,377 71,373 71,373 International 94 94 94 16,000 16,000 16,094 16,094 Other Unclassified 36,942 36,942 36,942 18,036 18,036 54,978 54,978 Military or Civilian Personnel Overseas 1,097 1,097 1,097 1,097 1,097 GRAND TOTAL 1,315,296 36,942 1,352,238 64,506 64,506 1,416,744 312,952 18,036 330,988 1,692,754 54,978 1,747,732 Page 4 of 5 04-0516-0

8. ANALYSIS OF TOTAL NEW AND RENEWAL PAID INDIVIDUAL SUBSCRIPTIONS gross subscriptions (new and renewal) sold in the six month period ended June 30, 2015 A. DURATION % (a) One to six months (1 to 6 issues)... 4,417 0.8 (b) Seven to eleven months (7 to 11 issues)... 4,076 0.7 (c) Twelve months (12 to 13 issues)... 486,580 87.7 (d) Thirteen to twenty-four months... 58,466 10.5 (e) Twenty-five months and more... 1,740 0.3 Sold in Period... 555,279 100.0 B. USE OF PREMIUMS (a) Ordered without premium... 524,882 94.5 (b) Ordered with material reprinted from branded editorial material... 6,974 1.3 (c) Ordered with other premiums, See Par. 9... 23,423 4.2 Sold in Period... 555,279 100.0 C.CHANNELS % (a) Ordered by subscriber action via direct mail, direct mail agents, inserts, online, renewals, catalogs, or other outlets available to the subscribers... 525,349 94.6 (b) Ordered by subscribers in response to unsolicited telemarketing and door to door selling... 208 0.0 (c) Ordered by subscribers in response to fund-raising programs of schools, churches, and other similar organizations... 29,722 5.4 (d) as part of membership in an organization... None Sold in Period... 555,279 100.0 9. EXPLANATORY (a) Suggested Retail Prices: Average Single Copy: U.S., $4.99 on 4 issues, $5.99 on 2 issues (March 2015, April 2015). Canada, $6.99 on 4 issues, $7.99 on 2 issues (March 2015, April 2015). : No additional prices. (b) Average nonanalyzed nonpaid circulation for the 6 month period: 32,051 copies per issue. (c) Post expiration copies: None. (d) DESCRIPTION OF DIGITAL - The is consistent with the print edition - all editorial content is included as an exact replica or in a format and design created specifically for the device being used. The is available through various offers and digital stores. (e) 64,768 subscriptions were sold in combination during this statement period. Subscription Price of Suggested Combination Publication Sold Term Combination Retail Prices Entertainment Weekly 41,701 52 issues $54.00 $49.92 People StyleWatch 15,120 11-14 issues $24.00-$49.00 $21.95-$27.94 People 7,086 39-40 issues $36.00-$39.96 $85.41-$87.60 O Oprah 861 8 issues $30.00 $18.67 (f) Award Point Subscription Sales: The average of 258,708 copies per issue (258,238 copies; 470 copies), shown in Par. 6 and included in Par. 1, includes the following: An average of 243,878 copies per issue represents copies purchased through the redemption of Airline Frequent Flyer Miles valued at $0.025 to $0.03 per mile. An average of 14,830 copies per issue represents copies purchased through the redemption of award points valued at $0.06 to $1.00 per point. (g) Partnership Subscription Sales (Deductible): The average of 440,255 copies per issue, shown in Par. 6 and included in Par. 1, represents copies sold in a partnership relationship wherein this publication was bundled with the purchase of a product or service. Purchasers were advised that $14.99 to $20.00 of the sales price was allocated for a 13 issue subscription to this publication. (h) Use of Premiums: INSTYLE guides, with a value of $5.97, or additional INSTYLE editorial, in varied formats, with no advertised or stated value, was offered with some subscriptions. A retailer gift card, of varied value, or a nail polish, with no advertised or stated value, was offered with some subscriptions. (i) Pursuant to a review by the AAM Board of Directors, copies distributed through the Next Media Unlimited program are reported as paid single copy sales based on consumer payment for the program and consumer s request for this specific magazine. Included in single copy sales is an average of 15,314 copies per issue from this program. (j) An average of 4,663 copies are included in Individually Requested that were served to subscribers that ordered the magazine for which payment was not received. 10. VARIANCE Latest released Audit Report for 12 months ended December 31, 2014; Variation from Publisher s Statements Audit Period Ended Rate Base ( ) Audit Report ( ) Publisher s Statements ( ) Difference ( ) Percentage of Difference ( ) 12-31-14 1,700,000 1,758,865 1,758,525 340 0.0 12-31-13 1,700,000 1,791,310 1,793,181-1,871-0.1 12-31-12 1,700,000 1,778,731 1,784,475-5,744-0.3 12-31-11 1,700,000 1,729,807 1,726,791 3,016 0.2 12-31-10 1,700,000 1,781,416 1,783,864-2,448-0.1 We certify that to the best of our knowledge all data set forth in this Publisher s Statement are true and report circulation in accordance with Alliance for Audited Media s Bylaws and Rules. Parent Company: Time Inc. INSTYLE, published by Time Inc. Time & Life Building, Rockefeller Center New York, NY 10020 ANN MARIE DOHERTY STEVEN DELUCA Vice President, Consumer Marketing Publisher P: 212.522.1212 URL: www.instyle.com Established: 1994 AAM Member since: 1996 Page 5 of 5 04-0516-0 Copyright 2015 All rights reserved.

Analyzed Date 02/01/15 04-0516-0 Analyzed Text (for double month issue date) Average Single Copy Price 5.32 Association Subscription Price U.S. Subscription Price 26.00 Canadian Subscription Price International Subscription Price