From: Michael Fowler (i> Subject: Re: Atorus - Relativity Media Date: Tue, 14 Apr 2015 16:17:44 +0000 Thank you! On Tue, Apr 14, 2015 at 10:09 AM, Pe wrote: ok, thanks! | will forward the next email to Jeffrey... On Apr 14, 2015, at 11:48 AM, Michael Fowler hii! wrote: Hi i - I did email , but never heard back on either Atorus or Relativity. Also, in a following email I'll forward the Relativity Pre-IPO terms. Let me know either way. Thanks! On Mon, Apr 13, 2015 at 9:57 AM, [i wrote: Hi Michael...1 was away last week!! Did you happen to forward your email to Bw was sitting in for me? On Apr 7, 2015, at 6:05 PM, Michael Fowler - st—‘iS wrote: Hope you are doing spectacular! I'm back in NYC with my partners from Wednesday to Friday, if Jeffrey would like to follow up on this. If it's more convenient, to the extent there is interest, we can hop on our plane and meet him somewhere else. Thanks! Best Regards, in Direct (Trading Desk) ceeeee Sent From My Mobile Device The information contained in this electronic mail message is confidential information intended only for the use of the individual or entity named above, and may be privileged. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this message is strictly prohibited. If you have recieved this communication in error, please immediately notify us by telephone, and delete the original message. On Mar 31, 2015, at 3:07 AM, [i wrote: Thanks! Sent from my iPhone EFTA00349613

--=PAGE_BREAK=--

On Mar 30, 2015, at 9:07 PM, Michael Fowler <> wrote: Hope you are well! Can you please pass along the following to Jeffrey. Thanks! Atorus currently has operating partners’ capital of $20MM committed and is nearing first close capacity. Additionally, Atorus has formed a partnership with Ryan Kavanaugh, CEO and founder or Relativity Media, personally and through his family office Knight Global, to invest a material amount into Atorus. | will be in LA through end of this week and then back to NYC on Monday with Ryan. Relativity Media is currently closing its last pre-IPO financing and there is some capacity left for strategic investors. I mentioned to Ryan our connection, and to the extent it makes sense to meet either in NYC or LA with Ryan to discuss both Atorus and/or Relativity let me know. Hope all is well with you. Attached is the current Atorus Slide Deck. Best Regards, Direct (Trading Desk) Work Email - Trading Desk Email - The information contained in this electronic mail message is confidential information intended only for the use of the individual entity named above, and may be privileged. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please immediately notify us by telephone, and delete the original message. <Atorus_SystematicGlobalOpportunityFund_0315_DRAFT.pptx> Best Regards, Direct (Trading Desk) Work Email - Trading Desk Email - The information contained in this electronic mail message is confidential information intended only for the use of the individual entity named above, and may be privileged. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please immediately notify us by telephone, and delete the original message. EFTA00349614

--=PAGE_BREAK=--

Best Regards, Michael J. Fowler Direct (Trading Desk) Work Email - Trading Desk Email - The information contained in this electronic mail message is confidential information intended only for the use of the individual entity named above, and may be privileged. If the reader of this message is not the intended recipient, you are hereby notified that any dissemination, distribution, or copying of this message is strictly prohibited. If you have received this communication in error, please immediately notify us by telephone, and delete the original message. EFTA00349615