<table><tr><th>From:</th><th>jeffrey E. &lt;jeevacation@gmail.com&gt;</th></tr><tr><td>Sent:</td><td>Friday, August 21, 2015 4:32 PM</td></tr><tr><td>To:</td><td>Andrew McCormack</td></tr><tr><td>Subject:</td><td>Re: Valar update</td></tr></table>

12?

On Fri, Aug 21, 2015 at 12:31 PM, Andrew McCormack <████████████████████████████████████████████> wrote:

Does 1pm ET on Sept 1 work?

On Fri, Aug 21, 2015 at 6:31PM, jeffrey E. <=eevacation@gmail.com <mailto:jeevacation@gmail.com> > wrote:

lets have a call at your convenience thanks
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On Fri, Aug 2=, 2015 at 11:15 AM, Andrew McCormack ██████████ wrot=:

## Hi Jeffrey,

Deal flow for Valar Fund II has been great, we have some exciting companies=already in the fund and are going to close on our largest investment in th= next couple of weeks. If you are up for it, we'd love to update you o= the Fund's progress so far and how we see things playing out in the n=ar and mid-term.

Best,

Andrew

=C2

please note

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## Hi Jeffrey, (cont.)

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please =ote

The information contained in this communication is confiden=ial, may be attorney-client privileged, may constitute inside informati=n, and is intended only for the use of the addressee. It is the propert= of JEE

Unauthorized use, disclosure or copying of this communica=ion or any part thereof is strictly prohibited and may be unlawful. If =ou have received this communication in error, please notify us immediat=ly by return e-mail or by e-mail to jeevacation@gmail.com <mailto:jeevacation@gmail=com> , and destroy this comm=nication and all copies thereof, including all attachments. copyright -=11 rights reserved