t: Monday, November 09 2015 5:04 PM To: Heather Gray Subject: =On Behalf Of Matthew Dontzin Heather: Here is the information you requested: </a Gagosian Gallery Inc. made payments on three dates t= Maya Widmaier Picasso: EFTA_R1_01597856 EFTA02481459 May 19, 2015 July 1, 2015 October 1, 2015 As you surmised

to Maya more or less as Leon made payments on the sculpture. Specifically: • On May 12, 2015, Narrow Holdings LLC made a payment of $23 million to Gagosian Gallery Inc. A week later, on May 19, 2015, Gagosian Gallery Inc. made a payment of $21.16 million to an account held by Maya Widmaier at Banque Leonardo. On J