EFTA02642793

From: Nicole Junkermann I Junkermanngroup Sent: Tuesday, July 18, 2017 10:09 AM To: ehbarak; jeffrey E. Subject: Re: Call with Reporty Thank you! Sure let's have a call, Jeffrey let me know when it is convenient and my of=ice will set up a conf call number Ps: looking forward to read your book :) Sent from my BlackBerry 10 smartphone. From: ehbarak Sent: Dienstag, 18. lull 2017 00:36 To: jeffrey E. Cc: Nicole Junkermann I Junkermanngroup Subject: Re: Call with Reporty Hi All Nicole, Mazal Toy again! Let's have a conference call tomorrow. Reason =s that things are moving fast. Jeff, can you arrange it? I'm in Nantucket, writing my book and ready at=any hour. Probably evening time EST so that Nicole has it on comfort=ble European time. Looking forward Best EB Sent from my iPhone On 17 Jul 2017, at 6:28, jeffrey E. <jeevacation@gmail.com <mailto:jeevacation@gmail=com» wrote: I agree. the israeli trick of usin= cyprus to avoid taxes is silly antiquated and dangerous On Mon, Jul 17, 2017 at 4:37 AM, Nicole Junkerma=n I Junkermanngroup > wrote: Dear Eh=d, I hope you are well. Following a call that my tea= and I had with Amir =his week, I would like to raise&n=sp;a couple of issues with=you. EFTA_R1_01877703 EFTA02642793 The first concerns the advice Amir requested in terms =1 raising Reporty's next capital round. He explained that Repo=ty is in the process of establishing a number of local subsidiaries around the world to facilitate expansion into various territories. W=ilst I would probably not have advised this approach and we had some reser=ations, e.g. creation of dual marketing budgets and potential dilution of =he Reporty brand, Given Reporty has decided to go down this road, I explained that I would st=ongly advise the company to raise capital through these subsidiaries, rath=r than diluting holdings in the parent company (Reporty HS) itself, for ex=mple getting Carlo Slim' s company on board in the Latin American subsidiary. The second issue we discussed was the location of the local subsidiary for =urope. I understand Amir is currently considering Cyprus. Cyprus is raising eyebrows so I would propose Luxembourg An expansion on this scale is a difficult ta=k but Amir is very efficient. Let me know if you want to discuss this pre-=oard Best Nicole Nicole c=span> please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this 2 EFTA_R1_01877704 EFTA02642794 communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to jeevacation@gmail.com <mailtoleevacation@gmail.com> , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved 3 EFTA_R1_01877705 EFTA02642795