EFTA01457604

Please let us know if you have questions, Daniel From: Vahe Stepanian Sent: Thursday, May 28, 2015 3:39 PM To: Richard Kahn Cc: Daniel Sabba; Ariane Dwyer; Paul Morris; Stewart Oldfiekl; Jeanne Brennan Subject: Monthly TWTR Swap Reset [SC] Classification: SW* Confidential Rich- please confirm you agree with the below details of the monthly Twitter swap settlement. We will call Darren to verbally confirm wire transfer to DBAG London after receipt of your approval. DB Receives 1,529,290.08 USD Reset Date: 27-May-2015 Value Date: 01-1une-2015 Interest: 4,290.08 Equity: 1,525,000.00 Note that the last reset date was 4/27/2015, and additional details are included on attachment (password will follow under separate cover). I've also included a Bloomberg screenshot with TWTR closing prices below for your convenience. Thank you, Vahe TWTR US At 14: 59 ' :37.0:3 Vol 13 ,867, 990 0 36 . 49 aport tx0,1 R US Equity ,u 55.42 on 10/08/14 05/28/7015f? • e +' -j LAM 31.75 un 06/02/14 IASI Pr ice tterewy I • 13 Aver nor, Net Ch0 43.2s9s 24,423,300 3.73 9.561 czeriner —1"ffinirilli;"1"""""."17rniiinket bate Last Price. Pa W . TiiiPtitir"7""9511i00 • • 37.33 .37.02 37.03 16 x 19 36.37 Val 512.48M Parr 1/6 eijférillittr" <e))29/15 •r 0.../>‘3/ :37.59 14.395,832 tr 04/17/15 50.66 16,676,896 05/28/15 37.00 13,834,808 Th 05/07/15 37.71 21,258,764 lb 04/16/15 52.03 14,313301 liv 05127/15 36.41 14,463.568 We 05/06/15 37.26 29,107,858 140 04/15/15 51.30 13,192,067 To. 05/26/15 36.51 13,068,502 to 05/05/15 37.42 22,605,023 tti 04/14/15 5120 12,231440 lc, ht 05/7S/ 15 05/7>/15 36.60 9,861,815 • i 05.01-1/1'. 05/01/15 37.88 37.84 77,627,537 t 37,785,543 I 04/13/15 04/ 10/1.5 51.62 51.94 17.306,515 13,271.155 Th 05/21/15 3648 17,447,682 Th 04/30/15 38.96 46.651.477 Th 04/09/15 52.17 17,877,667 1/2 o 05/70/15 36.78 23.404,469 egie 04/25)/ 3849 120,488.557 .ei • 04/08/15 5230 22,368422 to 05/10/15 3750 26,941,996 /0 04/28/15 42.27 77,336412 i to 04/07/15 5227 37,080.755 rick 05/18/15 3/.78 11,737,346 04/27/1'r 51.66 73,991,907 t • 04/06/15 5024 14,539480 ir OS/15/15 3/.10 16,799,060 á, 01174/15 50.82 14,896,860 r 04/o3/15 Th 05/14/15 3733 14,259,607 Th 04/23/15 51.41 11,490,400 rh 04/02/15 50.42 13,423,909 ln 05/13/15 05/12/15 37.72 37.48 14,075331 Wo 11,792,938 to 04/72/15 04/21/15 51.73, 51.32 11,479,493 w.• 8,461,283 <14/01715 03/31/15 50.47 50.08 24,299,19/ 23,898,381 05/11)15 3731 12329,491 Pl {Atli)/ IS 51.40 11,004.476 Pio 03/30/15 49.89 20365,393 Vahe Stepanian Assistant Vice President I Key Client Partners Deutsche Bank Securities Inc. Tel. CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) CONFIDENTIAL DB-SDNY-0 117223 SDNY_GM_00263407 EFTA01457604