EFTA Document EFTA01356856

Transaction Type: Share Option Transaction (Cash or Physical Settlement) Trade Date: 27 January 2015 Option Style: European Option OptionType: Call Seller: Party B Buyer: Party A Shares: Twitter Inc (Ticker: TWTR.N) (the "Issuer") Number of Options: / 100,000 Option Entitlement: 1 Share(s) per Option Strike Price: /USD 38.9682 Premium: / USD 728,278.28 Premium Payment Date: 30 January 2015 Exchange(s): NASDAQ National Market Quotation System Related Exchange(s): Chicago Board Options Exchange Calculation Agent: Party A Procedure for Exorcise: Expiration Time: At the close of trading on the Exchange Expiration Date: / 27 January 2016 Multiple Exercise: Inapplicable Automatic Exercise: Appkcablc Seller's Telephone Number and Telex To be advised and/or Facsimile Number and Contact Details for Purpose of Giving Notice: Valuation: Valuation Time: Valuation Date: The time at which the official closing price per Share is published and announced by the Exchange. In relation to en exercise of en Option, the Exercise Dale. Settlement Terms: Cash Settlement: Applicable Settlement Currency: United Slates Dollar ("USD") Settlement Price: The official dosing price per Share as determined by the Exchange at the Valuation Time on the Valuation Date. Cash Settlement Payment Date: Three (3) Currency Business Days after the relevant Valuation Date. Settlement Method Election: Applicable Electing Party: Party B Settlement Method Election Date: 26 January 2016 Default Settlement Method: Cash Share Adjustments: Method of Adjustment: Calculation Agent Adjustment CONFIDENTIAL - PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0043008 CONFIDENTIAL SDNY_GM_00189192 EFTA01356856