EFTA00583331.pdf

ILLUSTRATIVE COMPARISON OF JAWBONE OPTIONS CRITERIA OPTION 1 - CITIC / JPM LED REFINANCING OPTION 2 - LIQUIDATION SALE Value to Blackrock $50 million new rollover note, plus $25 million in cash, less fees, expenses and $100 million rollover equity litigation costs, subject to contract and diligence Value to Other Stakeholders Series 8 (JPM et al): 10% rollover Zero. Total loss Series 9 (KIA): 7.9% rollover Employees: new option pool for continuity Posture to Other Stakeholders Friendly Hostile Conditions to Complete JPM to provide working capital bridge - requiring High risk of business interruption / chapter 7 Transaction Blackrock's consent liquidation Fitbit Litigation Financing Third party term sheet secured. Potential upside None. Unclear who bears expenses from lawsuit with Fitbit EFTA00583331