GERAGOS & GERAGOS A PROFESSIONAL CORPORATION LAWYERS 644 South Figueroa Street Los Angeles, California 90017-3411 Telephone (213) 625-3900 Facsimile (213) 232-3255 October 2, 2017 By Regular Mail and Email Mr. Travis Kalanick Mr. Ryan Graves Mr. Garrett Camp Re: Shervin Pishevar, et al. adv. Travis Kalanick, Ryan Graves, Garrett Camp, et al. Dear Mr. Kalanick, Mr. Graves and Mr. Camp: We represent Shervin Pishevar and Steve Russell, individually, jointly and as putative class representatives on behalf of several hundred Uber employees and other prominent investors who will suffer billions of dollars in damages (exclusive of penalties and punitive damages) if you support the covert effort, apparently led by Benchmark, to strip Class B Common stock holders of their voting rights. As you are no doubt aware, each of our clients is a holder of Uber Class B Common Stock. Similarly, several hundred Uber employees and advisors acquired Class B Stock in exchange for their remarkable efforts and loyalty in Uber’s founding. A key feature of Class B Common Stock – and hence its enhanced monetary value, especially in the event of an IPO – is that the stock carries with it super voting rights. Thus, our clients were astonished to learn (without proper notice and in contravention of good faith and fair dealing) that on Tuesday, October 3, 2017, the Uber Board, led apparently by the nose by Benchmark, will ostensibly vote on a proposal that will strip the Class B Common Stock holders of these vested rights. It is beyond cavil that this proposal is part of the on-going effort by Benchmark to seize control of the Uber Board through a concerted effort to strip vested rights that were acquired in reliance and as compensation in some cases on explicit promises specifically by you. While Benchmark seems to take great pleasure in its campaign of public hostility and tearing Uber at its founding seams, the lack of transparency, infirm notice and direct contravention of numerous corporate governance rules, policies, not to mention applicable statutes surrounding Tuesday’s vote and, in particular, the substantial loss in value of stock held by employees that would ensue, will immediately embroil the company in what can best be characterized as betthe-company litigation. GERAGOS & GERAGOS Page 2 October 2, 2017 A PROFESSIONAL CORPORATION LAWYERS You have been with Uber from the beginning and know better than anyone else how important these voting rights are and were in attracting Uber investors, including our clients, as well as top talent within the employee ranks. As Mr. Camp knows, he frequently shared his experience at StumbleUpon with our clients to reinforce his purported unwavering support of preserving and protecting the value of employee/founder shares. We are writing in advance of Tuesday’s ill-advised vote to avoid irreversible and cataclysmic damage to the company which would result from your agreement, tacit or otherwise to the proposal. Please accept this as formal notice that if you vote in favor of Tuesday’s proposal, our clients have authorized us to pursue any and all legal recourse including but not limited to actions against you personally for, among other conduct, defrauding our clients and several hundred employees, who hold Class B Common Stock. We will seek all consequential and punitive damages permitted by law, and estimate the damages will be in the tens of billions of dollars. Our clients are confident that, following sober reflection, you will avoid this ill-advised misadventure and you will not jeopardize the trust our clients, and the shareholders they represent, placed in you personally and in your word when this experiment called Uber began. Very truly yours, /s/ MARK GERAGOS Mark Geragos GERAGOS & GERAGOS