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1-1244. Mr. Astrachan is also subject to Hudson Bay's compliance policies and procedures and Code of Ethics with respect to his advisory activities. Scott L. Black, Hudson Bay's General Counsel and Chief Compliance Officer is responsible for Hudson Bay's overall complian r in luding its Compliance Manual and

erber, in his roles as Chief Executive Officer and Chief Investment Officer, is responsible for supervising Mr. Astrachan's advisory activities. Mr. Gerber can be reached at 212-571-1244. Mr. Astrachan is also subject to Hudson Bay's compliance policies and procedures and Code of Ethics with respect to

ital ROY ASTRACHAN ITEM 6 - SUPERVISION As described above under Item 2, Mr. Astrachan is a Managing Partner and Portfolio Manager at Hudson Bay. Sander Gerber, in his roles as Chief Executive Officer and Chief Investment Officer, is responsible for supervising Mr. Astrachan's advisory activities. Mr. Gerbe

eached a . Mr. Chen is also subject to Hudson Bay's compliance policies and procedures and Code of Ethics with respect to his advisory activities. Scott L. Black, Hudson Bay's General Counsel and Chief Compliance Officer is responsible for Hudson Bay's overall compliance uding its Compliance Manual and Code

ay. Sander Gerber, in his roles as Chief Executive Officer and Chief Investment Officer • • le for supervising Mr. Chen's advisory activities. Mr. Gerber can be reached a . Mr. Chen is also subject to Hudson Bay's compliance policies and procedures and Code of Ethics with respect to his advisory act

ber that supplements the Hudson Bay Capital Management LP ("Hudson Bay") brochure. You should have received a copy of that brochure. Please contact Scott L. Black, General Counsel and Chief Compliance Officer at and/or if you did not receive Hudson Bay's brochure or if you have any questions about the conte

//hudsonbaycaoital.com/ FORM ADV PART 2B: BROCHURE SUPPLEMENT April 1,2018 SANDER ROSS GERBER This brochure supplement provides information about Sander Gerber that supplements the Hudson Bay Capital Management LP ("Hudson Bay") brochure. You should have received a copy of that brochure. Please contact Sco