ted organizational structure David J. Fiszel Investment Team Founder & Chief Investment Officer Business Team S S S Joyce Jen Josh Resnick Vick Sandhu Dominique Ahumada Investment Head of Chief Operating Head of Capital Partner & Trading & Risk Officer, General Partnerships & Talent Head of

y not be amended, modified, or assigned without the express written consent of each of the parties hereto. Honeycomb Asset Management LP By Name: Vick Sandhu Title: Chief Operating Officer Confirmed and agreed as of date first written above: [INVESTOR] By: Name: Title: 2 EFTA00803490

RK Associates Inc.</riv> 575 Lexington Avenue, 4th Floor =div style="direction: inherit;">New York, NY 10022 Phone Begin forwarded message: From: Vick Sandhu < Date: July 10, 2017 at 2:04:22=PM EDT To: Richard Kahn <r Cc: Anita O'Donnell , David =iszel Subject: RE: Wire Instructions - Honeycomb Ventur

and i will have darren read docs thank you Richard Kahn HBRK Associates Inc. 575 Lexington Avenue 4th =loor ISM Begin forwarded message: From: Vick Sandhu Dea= Rich, I am pleased to share the enclosed materials outlined =elow related to Honeycomb's co-investment opportunity in Spotify..C24, 1. Cove