Darden Restaurants Inc (DRI): Chairman Jeffrey Smith Continues to Trim Stake

Page 19 of 27 SEC Filing

B.	Starboard S LLC

(a)

As of the close of business on March 3, 2016, Starboard S LLC beneficially owned 397,097 Shares.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 397,097

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 397,097

4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Starboard S LLC since the filing of Amendment No. 17 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

C.	Starboard C LP

(a)

As of the close of business on March 3, 2016, Starboard C LP beneficially owned 217,662 Shares.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 217,662

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 217,662

4. Shared power to dispose or direct the disposition: 0

(c)

The transactions in the Shares by Starboard C LP since the filing of Amendment No. 17 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

D.	Starboard R LP

(a)

Starboard R LP, as the general partner of Starboard C LP, may be deemed the beneficial owner of the 217,662 shares owned by Starboard C LP.

Percentage: Less than 1%

(b)

1. Sole power to vote or direct vote: 217,662

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 217,662

4. Shared power to dispose or direct the disposition: 0

(c)

Starboard R LP has not entered into any transactions in the Shares since the filing of Amendment No. 17 to the Schedule 13D.  The transactions in the Shares on behalf of Starboard C LP since the filing of Amendment No. 17 to the Schedule 13D are set forth in Schedule A and are incorporated herein by reference.

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