This presentation is confidential and not intended for public use or further distribution without the prior written consent of Coatue Management, L.L.C.  The information herein is provided for illustrative purposes only, reflects the opinions of Coatue or its Coatue Analysis advisors, and does not constitute investment advice or a recommendation to buy or sell any securities.  Unless otherwise indicated, all figures and calculations are for informational purposes only, computed by Coatue or its advisors and not audited by any third party or approved by any governmental agency.  Although Coatue believes that the data expressed in this presentation is accurate and reasonable, actual results could differ materially from those projected or assumed, and such projections are subject to change, and are subject to inherent risks and uncertainties. Neither Coatue nor its affiliates or advisors guarantees the accuracy or completeness of the information. Accordingly, neither Coatue nor any of its affiliates, advisors or employees shall be liable to you or anyone else for any loss or damages from use of the information contained in this presentation.  Unless otherwise indicated, companies referenced herein are for illustrative purposes only, and such companies do not necessarily represent investments that any Coatue fund owns or may own in the future. Coatuefunds may or may not hold positions in certain of the companies mentioned in this whitepaper. Forward-looking  This presentation contains forecasts, projections and other forward-looking statements, including (but not Statements limited to) the occurrence or outcome of anticipated events, estimates, price targets, valuation, exposure limits and performance returns  There is no guarantee that such forecasts, projections or forward-looking statements will be realized and therefore investors should not rely on such statements in making an investment decision