2015 Shares Cost Fair Value Unrealized Gain/(Loss) Breather Products Inc. Series B-2 Preferred Shares 2,947,764 $ 8.160.000 $ 8.160.000 $ Carmen, Inc. Series Seed Preferred Shares 275,660 170,000 170,000 Eye Em Limited Series B Preferred Shares 566,666 5,750,510 6,040,270 289,760 Granify,

2015 Shares Cost Fair Value Unrealized Gain/(Loss) Breather Products Inc. Series B-2 Preferred Shares 2,947,764 $ 8.160.000 $ 8.160.000 $ Carmen, Inc. Series Seed Preferred Shares 275,660 170,000 170,000 Eye Em Limited Series B Preferred Shares 566,666 5,750,510 6,040,270 289,760 Granify,

ions $ (754,066) EFTA00614144 Valar Global Fund II LP Schedule of Investments June 30.2015 Shares Cost Fair Value Unrealized Gain/(Loss) Carmen, Inc. Series Seed Preferred Shares 220,528 $ 136,000 $ 136,000 $ Eye Em Limited Series B Preferred Shares 566,666 5,750,510 5,960,764 210,254