VALAR VLNYUNIU Valor Global Fund II LP Capital Call February 11, 2015 Dear Southern Trust Company. Inc.. Thank you again for your partnership in Valor Global Fund II LP (the Fund). The Fund is calling capital from you in the amount of $900.000.00, which represents 6% of your total commitment of $15,000,000.00. This capital contribution is due on or before Wednesday February 25, 2015. After this capital contribution. you will have contributed 7% of your total commitment with a remaining 93% of total unfunded commitment, which is detailed below. Total Commitment: Total Contributions as of February 25, 2015: Total Unfunded Commitment: $15,000,000.00 $1,050.000.00 $13,950,000.00 Please wire your funds in accordance with the following instructions: Due Date: Amount Due: Bank Name: ABA#: Beneficiary Name: Beneficiary Account: Wednesday February 25, 2015 $900.000.00 Silicon Valley Bank 121140399 Valor lobal Fund II LP If you should have any questions regarding this information, please feel free to contact me at • Sincerely, Reuben Kobulnik C'OO/CFC) Valor Venlures Management LLC 915 Broadway Suite 1101 New York. New York 10010 www.yolor.com EFTA01193042