The change in option premium as of yesterday's close was $357,952.72 in favor of Southern Financial (DB paid Southern Financial $728,278.28 and this option was marked yesterday at close at S370,325.56). Please let us know if you have questions, Daniel From: Vahe Stepanian Sent: Thursday, May 28, 2015 3:39 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfield; Jeanne Brennan Subject: Monthly TWTR Swap Reset [SC] Classification: Strictly Confidential Rich- please confirm you agree with the below details of the monthly Twitter swap settlement. We will call Darren to verbally confirm wire transfer to DBAG London after receipt of your approval. DB Receives 1,529,290.08 USD Reset Date: 27-May-2015 Value Date: 01-June-2015 Interest: 4,290.08 Equity: 1,525,000.00 Note that the last reset date was 4/27/2015, and additional details are included on attachment (password will follow under separate cover). I've also included a Bloomberg screenshot with TWTR closing prices below for your convenience. Thank you, Vahe TtrrTR US $ t 37.03 • -62 N37.02 /37.03K 16x19 At 14:59 Vol 13 867 990 0 36.49" 37.33D L 36.37D Val S12.481-1 t • • 79/15 IF, 95/28/15 05/77/15 TO 05/26/15 I T) 05/15/15 i: ; 01/72/15 Th 05/21/15 :to . 05/20/15 it; 05/19/15 ii.) 05/16/15 r-/ 05/15/15 lb 05/14/15 05/13/15 Ili 05/12/15 Hr. 05/11/15 a Airov„, nigh 55.42 31.75 43.2898 3.23 on 10/08/14 06/02/14 24,423.300 9.56% 05/08/15 37.59 14,395,832 F, 04 /1 // 15 50.66 37.00 13.834,808 Th 05/07/15 37.71 21,258.76.* th 04/16/15 52.03 36.41 14,463.568 .:tt 05/06/15 37.26 29.107,858 tlr 04/15/15 51.30 3651 13,068,502 Ito 05/05/35 37.42 22405.023 To 04/14/15 51.20 t to 05/04/ IS 37.88 27.622.537 Its, 04/13/15 51.62 36.60 9,861,815 I i 05/01/15 37.84 37,785.543 / r 01/10/1h 51.94 36.68 17647,682 lb 04/30/15 38.96 46451677 th 04/09/15 52.17 36.78 23,404,469 itritt 04/29/15 38,49 120,488,557 crit• 04/02/15 52.30 37.50 26,941,996 1u 04/28/15 42.27 77,336,612 9u 04/07/15 52.87 37.28 11.237,346 Ftc 04/27/1h 51.66 23,991,902 T10 04/06/15 ¶30.81 37.10 16,799,060 =, 04/74/15 50.82 14,896,860 r-. 04/03/15 3733 14,259407 Th 04/23/15 51.41 11,490,400 lb 04/02/15 50.42 37.72 14,075,331 We 04/27/15 51.73 11,479,493 we 04/01/15 50.47 37.48 11,792.938 to 04/71/15 5132 8.461,283 TH 03/31/15 50.08 37.31 12,329,491 Nu 04/70/15 51.40 11,004,476 Ito 03/30/15 4929 16476,896 14,313,301 13,192,067 12,231,640 12.306,515 13,771.155 17,877467 22,369,422 37.080,755 14,539,680 13,423,909 24,299,197 23.898,381 20,345,393 Vahe Stepanian CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0087289 SDNY_GM_00233473 EFTA01385873