tions and withdrawalsfrelempbons. different fee arrangements and any accumulated loss carry-forwards. This performance information is estrnated and Honeycomb Asset Management LP (the Investment Manager) makes no representations as to the accimacy or completeness thereof. and such information should not be relied upon for inv

ptions and withdrawalsfredempbons. different fee arrangements and any accumulated loss carry-forwards. This performance information is esbmated and Honeycomb Asset Management LP (the "Investment Manager') makes no representations as to the accimacy or completeness thereof. and such .,formation should not be relied upon for i

may a copy be shown, copied, transmitted, or otherwise given to any person other than the authorized recipient without the prior written consent of Honeycomb Asset Management LP (the "Investment Manager"). Notwithstanding anything to the contrary herein, each recipient of this document may disclose to any and all persons. w

HONEYCOMB ASSET MANAGEMENT Honeycomb Asset Management LP 645 Madison Avenue, 16th Floor New York, NY 10022 Tel: 646-883-1128 Email: CONFIDENTIAL Dear Investor, Preliminary estimated month-end perform

Confidentiality Agreement March 6, 2019 [INVESTOR INFORMATION] Honeycomb Asset Management LP ("Honeycomb") or one or more of its employees, partners, representatives, agents or advisers may from time to time provide Confidential Information

HONEYCOMB ASSET MANAGEMENT Honeycomb Asset Management LP 645 Madison Avenue, 16th Floor New York, NY 10022 Tel: 646-883-1128 Email: CONFIDENTIAL Dear Investor, Preliminary estimated month-end perform

03524 "Limited Partner Interest" means any Interest of a Limited Partner. "Liquidator" means the General Partner or its designee. "Manager" means Honeycomb Asset Management LP, a Delaware limited partnership, or any other Person who becomes a successor to the Manager. "Master Fund" means Honeycomb Master Fund LP, an exemp

greement for the Fuld. Returns assume the reinvestment of all dividends. interest. ircome and profits. This performance information is estimated and Honeycomb Asset Management LP (the 'Investment Manager) makes no representations as to the accuracy or completeness thereof, and such information should not be relied won for inv

B) The Investor has received, carefully read and understands the Partnership Agreement. The Investor acknowledges receipt of Part 2A of Form ADV of Honeycomb Asset Management LP (the "Manager"), on or before the date of any subscription for Interests. The Investor acknowledges and agrees that it has made an independent deci

(the "Fund"), which invested in Spotify Technology S.A. ("Sootily"). As you know, under the Limited Partnership Agreement of the Fund (the "LPA"), Honeycomb Asset Management LP ("Honeycomb") may distribute shares in cash or in-kind. All terms used but not defined herein shall have the meanings assigned to them in the LPA.

HONEYCOMB ASSET MANAGEMENT May 22, 2018 Re: In-Kind Distribution from Honeycomb Ventures I LP (the "Fund") Dear Southern Trust Company, Honeycomb Asset Management LP (the "Honeycomb-) is making a distribution of Spotify Technology S.A. ("SPOT-) pursuant to and in compliance with Honeycomb Ventures I LP's Limited

tions and withdrawals/redemptions, different fee arrangements and any accumulated loss carry-forwards. This performance information is estimated and Honeycomb Asset Management LP (the "Investment Manager") makes no representations as to the accuracy or completeness thereof, and such information should not be relied upon for

and partnership. Please let us know if you have any questions. Best, The Honeycomb Team Dominique Ahumada Head of Capital Partnerships & Talent Honeycomb Asset Management LP 645 Madison Avenue, 16th Floor New York, NY 10022 W: C: This e-mail and any file(s) transmitted with it may contain confidential and/or privileg

and partnership. Please let us know if you have any questions. Best, The Honeycomb Team Dominique Ahumada Head of Capital Partnerships & Talent Honeycomb Asset Management LP MS Madison Avenue, 16th Floor New York, NY 10022 C: This e-mail and any file(s) transmitted with it may contain confidential and/or privileged in

and partnership. Please let us know if you have any questions. Best, The Honeycomb Team Dominique Ahumada Head of Capital Partnerships & Talent Honeycomb Asset Management LP 645 Madison Avenue, 16th Floor New York, NY 10022 W: C: EFTA00819196 This e-mail and any file(s) transmitted with it may contain confidential

mb Ventures I LP: Information from Morgan Stanley Fund Services, as Administrator Date: A ril 2, 2018 at 4:11:31 PM EDT To: At the instruction of Honeycomb Asset Management LP, Morgan Stanley Fund Services is sending you this communication. The information included herein or attached to this communication has been prepared

B) The Investor has received, carefully read and understands the Partnership Agreement. The Investor acknowledges receipt of Part 2A of Form ADV of Honeycomb Asset Management LP (the "Manager"), on or before the date of any subscription for Interests. The Investor acknowledges and agrees that it has made an independent deci

HONEYCOMB ASSET MANAGEMENT Honeycomb Asset Management LP 645 Madison Avenue, 16th Floor New York, NY 10022 Tel: 646483.1128 Email: [email protected] CONFIDENTIAL Dear Investor, Pre

14668 "Limited Partner Interest" means any Interest of a Limited Partner. "Liquidator" means the General Partner or its designee. "Manager" means Honeycomb Asset Management LP, a Delaware limited partnership, or any other Person who becomes a successor to the Manager. "Master Fund" means Honeycomb Master Fund LP, an exemp

14626 "Limited Partner Interest" means any Interest of a Limited Partner. "Liquidator" means the General Partner or its designee. "Manager" means Honeycomb Asset Management LP, a Delaware limited partnership, or any other Person who becomes a successor to the Manager. "Master Fund" means Honeycomb Master Fund LP, an exemp