13D Filing: Starboard Value LP and Mellanox Technologies Ltd. (MLNX)

Page 37 of 42

Page 37 of 42 – SEC Filing

(b) 1. Sole power to vote or direct vote: 5,466,621
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 5,466,621
4. Shared power to dispose or direct the disposition: 0
(c) Principal Co has not entered into any transactions in the Shares since the filing of Amendment
No. 1 to the Schedule 13D.
M. Principal GP
(a) Principal GP, as the general partner of Principal Co, may be deemed the beneficial owner of the
(i) 3,758,713 Shares owned by Starboard V&O Fund, (ii) 440,135 Shares owned by Starboard S LLC, (iii) 247,597 Shares owned
by Starboard C LP, (iv) 456,609 Shares owned by Starboard Papa LLC, and (v) 563,567 Shares held in the Starboard Value LP Account.

Percentage: Approximately 10.7%

(b) 1. Sole power to vote or direct vote: 5,466,621
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 5,466,621
4. Shared power to dispose or direct the disposition: 0
(c) Principal GP has not entered into any transactions in the Shares since the filing of Amendment
No. 1 to the Schedule 13D.
N. Messrs. Smith, Mitchell and Feld
(a) Each of Messrs. Smith, Mitchell and Feld, as a member of Principal GP and as a member of each of
the Management Committee of Starboard Value GP and the Management Committee of Principal GP, may be deemed the beneficial owner
of the (i) 3,758,713 Shares owned by Starboard V&O Fund, (ii) 440,135 Shares owned by Starboard S LLC, (iii) 247,597 Shares
owned by Starboard C LP, (iv) 456,609 Shares owned by Starboard Papa LLC, and (v) 563,567 Shares held in the Starboard Value LP
Account.

Percentage: Approximately 10.7%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 5,466,621
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 5,466,621
(c) None of Messrs. Smith, Mitchell or Feld has entered into any transactions in the Shares since the
filing of Amendment No. 1 to the Schedule 13D.
O. Ms. Cranston
(a) As of the close of business on January 18, 2018, Ms. Cranston did not own any Shares.

Percentage: 0%

37

Follow Mellanox Technologies Ltd. (NASDAQ:MLNX)

Page 37 of 42