From: "Jeffrey E." <[email protected]> To: Vahe Stepanian , Stewart Oldfield , Richard Kahn , Ariane D er , Paul Morris Cc: Daniel Sabba Subject: Re: FW: *** PRICING DETAILS *** JOINT BOOKRUN IPO *** TELADOC INC (NYSE: TDOC) *** APPROVED FOR EXTERNAL DISTRIBUTION *** [C] Date: Wed, 01 Jul 2015 13:05:52 +0000 thanks where are the prices for the risk reversal . 777 !!! On Wed, Jul 1, 2015 at 3:05 PM, Vahe Stepanian Classification: Confidential Jeffrey — today you were allocated 400 TDOC @ $19.00. Thank you, Vahe wrote: From: Nate Hall Sent: Tuesday, June 30, 2015 5:06 PM Subject: *** PRICING DETAILS *** JOINT BOOKRUN IN) *** TELADOC INC (NYSE: TDOC) ^"" APPROVED FOR EXTERNAL DISTRIBUTION *** *** APPROVED FOR EXTERNAL DISTRIBUTION *** Issuer: Teladoc, Inc. Symbol: TDOC Deal size: 8,250,000 shares (100% primary) plus 15% greenshoe (100% primary) *** Upsized from 7mm shares Offer price: $19.00 EFTA00852776

Exchange: NYSE Trade date: 6/30 Settlement date: 7/7 Bookrunners: JPMorgan Deutsche Bank Co-managers: William Blair Wells Fargo SunTrust The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site, at www.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the EFTA00852777

prospectus if you request it by calling toll-free 1-800-503-4611 or by mail from Deutsche Bank Securities Inc., 60 Wall Street, New York, New York 10016, or by email at This communication may contain confidential and/or privileged information. If you are not the intended recipient (or have received this communication in error) please notify the sender immediately and destroy this communication. Any unauthorized copying, disclosure or distribution of the material in this communication is strictly forbidden. Deutsche Bank does not render legal or tax advice, and the information contained in this communication should not be regarded as such. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00852778