X0306 4 2021-03-16 1 0000837465 CALLAWAY GOLF CO ELY 0001716155 WestRiver Management, LLC 920 5TH AVE, STE 3450 SEATTLE WA 98104 0 0 1 0 0001843486 TGP Advisors, LLC 920 5TH AVE, STE 3450 SEATTLE WA 98104 0 0 1 0 0001848877 TGP Manager, LLC 920 5TH AVE, STE 3450 SEATTLE WA 98104 0 0 1 0 0001673708 TGP INVESTORS, LLC 920 5TH AVE, STE 3450 SEATTLE WA 98104 0 0 1 0 0001673709 TGP INVESTORS II, LLC 920 5TH AVE, STE 3450 SEATTLE WA 98104 0 0 1 0 Common Stock 2021-03-16 4 J 0 1746143 0.00 D 13002342 I By TGP Investors, LLC Common Stock 2021-03-16 4 J 0 1061962 0.00 D 4989377 I By TGP Investors II, LLC Common Stock 37405 I By TGP Advisors, LLC Represents a pro-rata distribution in kind of shares of the Issuer's common stock held of record by TGP Investors, LLC and TGP Investors II, LLC to their respective members for no consideration pursuant to such entities' organizational documents. WestRiver Management, LLC is the sole managing member of TGP Advisors, LLC and TGP Manager, LLC. TGP Manager, LLC is the sole managing member of TGP Investors, LLC ("TGP") and TGP Investors II, LLC ("TGP II") and in such capacity is responsible for voting decisions with respect to certain matters regarding the Issuer's securities held by TGP and TGP II. Erik Anderson is the sole member of WestRiver Management, LLC. As a result, each of the Reporting Persons may be deemed to beneficially own the securities held of record by TGP Advisors, LLC, TGP and TGP II. Each of the Reporting Persons disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein. Erik J Anderson has separately filed a Form 4 with respect to the securities reported herein WestRiver Management, LLC, By: /s/ Erik J. Anderson, Manager 2021-03-18 TGP Advisors, LLC, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager 2021-03-18 TGP Manager, LLC, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager 2021-03-18 TGP Investors, LLC, By: TGP Manager, LLC, its sole managing member, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager 2021-03-18 TGP Investors II, LLC, By: TGP Manager, LLC, its sole managing member, By: WestRiver Management, LLC, its sole managing member, By: /s/ Erik J. Anderson, Manager 2021-03-18