>>> Starboard Value (Jeffrey Smith) discloses updated portfolio positions in

From: LAURENT CHEKROUN (MAKOR SECURITIES LO) At: 02/14/19 21:17:29

Subject: >>> Starboard Value (Jeffrey Smith) discloses updated portfolio positions in 13F

Starboard Value (Jeffrey Smith) discloses updated portfolio positions in 13F filing: New DLTR MGLN TVPT positions

Highlights from 2018 Q4 filing as compared to 2018 Q3 filing:

New positions in: DLTR (~2.6 mln shares), MGLN (~2.12 mln), TVPT (~0.7 mln)

Increased positions in: MRVL (to ~35.88 mln shares from ~34.29 mln shares), BAX (to ~1.41 mln from ~0.73 mln), CARS (to ~6.54 mln from ~6.29 mln), IWN (to ~0.7 mln from ~0.5 mln)

Maintained positions in: SYMC (~24.5 mln shares), PRGO (~10.04 mln shares), AAP (~3.18 mln shares), AABA (~2.24 mln shares)

Closed positions in: NWL (from ~0.79 mln shares)

Decreased positions in: BMS (to ~0.57 mln shares from ~1.97 mln shares), MLNX (to ~4.32 mln from ~4.44 mln), RPM (to ~1.1 mln from ~1.2 mln)