DS9 Document EFTA01121678

VALAR VtNTUUtU Valor Global Fund II LP Capital Call March 16, 2016 Dear Southern Trust Company. Inc., Thank you again for your partnership in Valar Global Fund II LP (the Fund). The Fund is calling capital from you in the amount of $2,250.000.00 which represents 15% of your total commitment of $15.000.000.00. This capital contribution is due on or before Wednesday April 6, 2016. After this capital contribution, you will have contributed 57% of your total commitment with a remaining 43% of total unfunded commitment, which is detailed below. Total Commitment: Total Contributions as of April 6, 2016: Total Unfunded Commitment: $15,000,000.00 $8.550.000.00 $6.450.000.00 Please wire your funds in accordance with the following instructions: Due Date: Amount Due: Bank Name: ABA#: Beneficiary Name: Beneficiary Account: Wednesday April 6, 2016 $2.250.000.00 Silicon Valley Bank 121140399 I Fund II LP If you should have any questions regarding this information, please feel free to contact me at • Sincerely, Reuben Kobulnik COO/CFO Velar Ventures Management LLC 915 Breadway Suite 1101 New York. New York 10010 www.yolar.eam EFTA01121678