EXHIBIT A

EXHIBIT A EFTA01138361 Case 1:16-cv-00214 Document 6-1 Filed 01/12/16 Page 2 of 5 MAYA WIDMAIER PICASSO 33 Quat Voltaire 75007 Paris Gagosian Gallery 980 Madison Avenue New York NY 10021 Paris, le 12 mai 2015 FACTURE/INVOICE Buste de Femme (Marie-Thérèse) 1931 Plâtre original Dimensions : 78 x 46 x 48 cm (Spies 131) Prix Total (US $) : (cent cinq millions huit cent mille dollars US) $ 105,800,000 Règlement par virements bancaires (aux coordonnées qui seront communiquées par le vendeur) en quatre échéances : - le 15 mai 2015 (20%) $ 21,160,000 - le 1er juillet 2015 (30%) 31,740,000 - le 1er octobre 2015 (25 %) 26,450,000 - le 15 avril 2016 (25 %) $ 26,450,000 Le transfert de propriété et la prise de possession de l'oeuvre par l'acheteur auront lieu après le versement de la troisième échéance du prix, à partir du 1er octobre. L'oeuvre sera conservée par le vendeur chez Transart à Paris jusqu'à son expédition à l'acheteur. Il est indiqué ici que l'oeuvre est assurée à partir de la date de la présente facture par Gagosian Gallery; EFTA01138362 Case 1:16-cv-00214 Document 6-1 Filed 01/12/16 Page 3 of 5 EFTA01138363 Case 1:16-cv-00214 Document 6-1 Filed 01/12/16 Page 4 of 5 MAYA WIDMAIER PICASSO 33 Quai Voltaire 75007 Paris Gagosian Gallery 980 Madison Avenue New York, NY 10021 Paris, May 12, 2015 INVOICE Buste de Femme [Bust of a Woman] (Marie-Therese) 193 I Original plaster Dimensions: 78 x 46 x 48 cm (Spies 131) Total Price (USD): $105,800,000 (one hundred and five million eight hundred thousand dollars US) Payment by bank transfer (to the contact details that will be communicated by the seller) in four installments: May 15, 2015 (20%) $ 21,160,000 July 1, 2015 (30%) $31,740,000 October I, 2015 (25%) $ 26,450,000 April 15, 2016 (25%) $ 26,450,000 The transfer of ownership of the work and taking possession thereof by the buyer shall take place following payment of the third installment of the price, starting on October I. The work shall be retained by the seller at Transart in Paris until it is shipped to the buyer. It is hereby stated that the work is insured as of the date of this invoice by Gagosian [signature] EFTA01138364 Case 1:16-cv-00214 Document 6-1 Filed 01/12/16 Page 5 of 5 rAd TRANSPERFECT City of New York, State of New York, County of New York I, Alitasha Younger, hereby certify that the document "Picasso - Gagosian Invoice May 12, 2015" is to the best of my knowledge and belief, a true and accurate translation from French into English. Alitasha ger Sworn to before me this December 15, 201 Sign e, Notary Pub AMY LEONG Notary Pubic - State of New York No. 01LE6314554 Qualified in Richmond County Commission Ex ires Nov 10 2018 Stamp, Notary Public LANGUAGE AND TECHNOLOGY SOLUTIONS FOR GLOBAL BUSINESS THREE PARK AVENUE, 39TH FLOOR, NEW YORK, NY 10016 I T F I WWW.TRANSPERFECT.COM OFFICES IN 90 CITIES WORLDWIDE EFTA01138365