EFTA00810361.pdf

VALAR Valor Global Fund III LP Capital Call February 14, 2018 Dear Southern Trust Company, Inc., Thank you again for your partnership in Valor Global Fund III LP (the Fund). The Fund is calling capital from you in the amount of $500,000.00, which represents 2% of your total commitment of $25,000,000.00. This capital contribution is due on or before Thursday. March 1, 2018. After this capital contribution, you will have contributed 77% of your total commitment with a remaining 23% of total unfunded commitment, which is detailed below. Total Commitment: $25,000,000.00 Total Contributions as of March 1, 2018: $19,250,000.00 Total Unfunded Commitment: $5,750,000.00 Please wire your funds in accordance with the following instructions: Due Date: Thursday, March 1 2018 Amount Due: $500.000.00 Bank Name: Silicon Valley Bank ABA#: Beneficiary Name: Valor Global Fund III LP Beneficiary Account: If you should have any questions regarding this information, please feel free to contact me at Sincerely, Reuben Kobulnik COO/CFO Valor Ventures LLC 915 Broadway Suite 1101 New York, New York 10010 www.volor.eom EFTA00810361