Epstein Secrets

y Cheat Sheet - UPDATE Date: Thu, 08 Mar 2018 00:28:41 4.0000 What price are we in and what do expect the ipo price On Wed, Mar 7, 2018 at 7:17 PM David Fiszel wrote: Means zero. They aren't involved. Analyst day will be March IS and I think it will be a 'merest. Morgan, CS and Allen&Co are the advisors.

I 411,1 414 Olga h44•4,44441N4 I Other tidbits • No deal roadshow, No underwriters • No fixed M of securities for sale • No lock-ups except Tencent Music Entertainment & Tencent (holding for at least 3 yrs from 12/15/17), who own - 7.5% • Majority Ownership by Founders - Daniel Elk controls 37.3% of shares and Martin Lorenu

From: jeffrey E. <[email protected]> Sent: Wednesday, March 7, 2018 11:27 PM To: David Fiszel Subject: Fwd: BAML Sootily Cheat Sheet - UPDATE what does this mean to us [email protected]> Richard Kahn HBRK Associates Inc. <https://ma

an style="font-size:10.5pt;font-family:Symbol">• No deal roadshow, No underwriters • No fixed # of securities for sale<=> * No lork-ups except Tencent Music Entertainment & Tencent (holding for at lea=t 3 yrs from 12/15/17), who own -7.5% * <=pan style="font-size:10.5pt">Majority Ownership by Founders - Daniel Elk=controls 37

From: David Fiszel < Sent: Thursday, March 8, 2018 12:17 AM To: jeffrey E. Subject: Re: BAML Spotify Cheat Sheet - UPDATE Means zero. They aren't involved. Analy

63434/d494294dfl.htmtfrom494294_18> Other tidbits • No deal roadshow, No underwriters • No fixed q of securities for sale • No lock-ups except Tencent Music Entertainment & Tencent (holding for at least 3 yrs from 12/15/17), who own —7.5% • Majority Ownership by Founders - Daniel Elk controls 37.3% of shares and Martin Lorent