X0206 3 2016-08-17 0 0001170534 MITEL NETWORKS CORP MITL 0000904495 ELLIOTT ASSOCIATES, L.P. 40 WEST 57TH STREET, 30TH FLOOR NEW YORK NY 10019 0 0 1 0 Common shares, no par value 4206290 D Notional Principal Amount Derivative Agreements 2018-01-02 Common shares, no par value 1254712 D This Form 3 is filed by Elliott Associates, L.P. (the "Reporting Person"). Notional principal amount derivative agreements (the "Derivative Agreements") in the form of cash settled swaps entered into by the Reporting Person through The Liverpool Limited Partnership, a Bermuda limited partnership and a wholly-owned subsidiary of the Reporting Person ("Liverpool"), at initial execution prices ranging from $6.1362 to $7.2235. The Derivative Agreements provide Liverpool with economic results that are comparable to the economic results of ownership but do not provide it with the power to vote or direct the voting or dispose of or direct the disposition of the shares that are referenced in the Derivative Agreements (such shares, the "Subject Shares"). The Reporting Person disclaims beneficial ownership in the Subject Shares. The counterparties to the Derivative Agreements are unaffiliated third party financial institutions. /s/ Elliott Greenberg, Vice President 2016-08-29