From: "Jeffrey E." <[email protected]>

From: "Jeffrey E." <[email protected]> To: Subject: Re: Establishment Labs Deck Date: Tue, 06 Feb 2018 17:31:01 +0000 wasnt there an investor presentation) for the 53 million raised. there are virtually no numbers in what you send only bullshit and revenue On Tue, Feb 6, 2018 at 12:23 PM Jeffrey, below is the deck on EL. Thank you for taking the time. wrote: Our primary investment thesis on EL was the very low complication rate compared to all competition. Jeffries is still targeting something north of 300M for IPO. Also would be curious your thoughts on HALO. It is another one of our investments at CPH and me personally but much smaller investment for me given the risk level still in the business. They have secured the first US Navy contract and close to closing the Qatar and Parliament in London contracts. All the best, This message is directed to and is for the use of the above-noted addressee only, and its contents may be legally privileged or confidential. If the reader of this message is not the intended recipient, you are hereby notified that any distribution, dissemination, or copy of this message is strictly prohibited. If you have received this message in error, please delete it immediately and notify the sender. This message is not intended to be an electronic signature nor to constitute an agreement of any kind under applicable law unless otherwise expressly indicated hereon. please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation®gmail.com, and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved EFTA00894962