VALAR VLNYURIU Valor Global Fund II LP Capital Call March 27. 2015 Dear Southern Trust Company, Inc., Thank you again for your partnership in Valor Global Fund II LP (the Fund) capital from you in the amount of $2,700.000.00 which represents 18% of of $15.000.000.00. This capital contribution is due on or before Friday April After this capital contribution, you will have contributed 25% of your total remaining 75% of total unfunded commitment, which is detailed below. Total Commitment: Total Contributions as of April 10. 2015: Total Unfunded Commitment: $15,000,000.00 $3,750.000.00 $11,250,000.00 Please wire your funds in accordance with the following instructions: Due Date: Amount Due: Bank Name: ABA#: Beneficiary Name: Beneficiary Account: Friday April 10, 2015 $2.700.000.00 Silicon Valley Bank 121140399 Valor Global Fund II LP . The Fund is calling your total commitment 10, 2015. commitment with a If you should have any questions regarding this information, please feel free to contact me at Sincerely, Reuben Kobulnik COO/CFO +1 (646) 559-0458 Valor Venlures Management LLC 915 Broadway Suite 1101 New York. New York 10010 www.valar.com EFTA01158019