X0306 4 2020-08-19 0 0000894871 theMaven, Inc. MVEN 0000919484 STROME MARK E 1688 MERIDIAN AVE, SUITE 727 MIAMI BEACH FL 33139 0 0 1 0 0001713153 STROME MEZZANINE FUND, LP 1688 MERIDIAN AVE, SUITE 727 MIAMI BEACH FL 33139 0 0 1 0 Series H Convertible Preferred Stock 0.33 2020-08-19 4 P 0 82.5 1000.00 A Common Stock 8132.5 I See Footnotes Series H Convertible Preferred Stock 0.33 2020-08-20 4 P 0 412.5 1000.00 A Common Stock 8545 I See Footnotes The reported securities are owned directly by Strome Alpha Fund, L.P. (the "Alpha Fund"). The reported securities are owned directly by Strome Mezzanine Fund, LP (the "Mezzanine Fund"). Strome Investment Management, L.P. ("SIM") is the general partner of the Alpha Fund and the Mezzanine Fund (collectively, the "Funds"). Strome Group Inc. ("SG") is the general partner of SIM, and Mark E. Strome is the President and CEO of SG. Each of SIM, SG and Mr. Strome may be deemed to beneficially own the reported securities held by the Funds under Section 13(d) of the Securities Exchange Act of 1934 (the "Exchange Act"), and hereby disclaims beneficial ownership of the reported securities for purposes of Section 16 of the Exchange Act, except the extent of its or his respective pecuniary interest in the reported securities. The Funds, SIM, SG and Mr. Strome are hereby referred to as the "Reporting Persons". Subject to the conversion limitation (described in note 5), the reported securities are convertible into common stock of the issuer at any time, and has no expiration date, but are subject to mandatory conversion on the fifth anniversary of the original issuance date. The reported securities are subject to a conversion limitation that prohibits the issuer from effecting a conversion of the reported securities into common stock if giving effect to the conversion would cause the holder to beneficially own (together with its affiliates or any "group" members) in excess of 4.99% of the common stock (or, upon notice by the holder, in excess of 9.99% of the common stock). As beneficial owners of more than 10% of the common stock, the Reporting Persons are effectively barred from converting the reported securities into additional shares of common stock. Absent this conversion limitation, the reported securities held by the Funds would be convertible into 1,500,000 shares of the issuer's common stock at the election of the Funds. /s/Mark E. Strome 2020-08-21 /s/Mark E. Strome 2020-08-21