X0306 4 2015-11-04 0 0001409970 LendingClub Corp LC 0001327625 Canaan VII LP 250 RIVERSIDE AVE., SUITE 250 WESTPORT CT 06880 1 0 1 0 0001514133 Canaan Partners VII LLC 285 RIVERSIDE AVE., SUITE 250 WESTPORT CT 06880 1 0 1 0 Common Stock 2015-11-04 4 J 0 2200000 D 28233675 D On November 4, 2015, Canaan VII LP (the "Canaan Fund") distributed, for no consideration, 2,200,000 shares of Common Stock of the issuer (the "Shares") to its limited partners and to Canaan Partners VII LLC ("Canaan VII"), the general partner of the Canaan Fund, representing each such partner's pro rata interest in the shares held by the Canaan Fund. On the same date, Canaan VII distributed, for no consideration, the Shares it received from the distribution to its members in an amount equal to each such member's pro rata interest in the Shares. The aforementioned distributions were made in accordance with the exemptions afforded by Rule 16a-13 and Rule 16a-9 of the Securities Exchange Act of 1934, as amended. Canaan VII and, together with the Canaan Fund, the "Canaan Entities", is the sole general partner of the Canaan Fund, and each may be deemed to have sole voting, investment and dispositive power with respect to the shares held by the Canaan Fund. Daniel Ciporin, an officer of Canaan VII, serves as the representative of the Canaan Entities on the issuer's board of directors. Investment and voting decisions with respect to the shares held by the Canaan Fund are made by the managers of Canaan VII, collectively, and no manager of Canaan VII has beneficial ownership of any shares held by the Canaan Fund. Canaan VII disclaims Section 16 beneficial ownership of the shares held by the Canaan Fund, except to the extent, if any, of its pecuniary interest therein. Canaan VII L.P., by Canaan Partners VII LLC, its General Partner, by: /s/ Jaime Slocum, as Attorney-in-Fact 2015-11-05 Canaan Partners VII LLC, by: /s/ Jaime Slocum, as Attorney-in-Fact 2015-11-05