13D Filing: Starboard Value LP and Monotype Imaging Holdings Inc. (TYPE)

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T. Mr. Terino
(a) As of the close of business on February 21, 2018, Mr. Terino did not own any
Shares.

Percentage: 0%

(b) 1. Sole power to vote or direct vote: 0
2. Shared power to vote or direct vote: 0
3. Sole power to dispose or direct the disposition: 0
4. Shared power to dispose or direct the disposition: 0
(c) The transaction in the Shares by Mr. Terino since the filing of Amendment No. 2 to the Schedule 13D is set
forth in Schedule A and is incorporated herein by reference.

As of the close of business
on February 21, 2018, the Reporting Persons collectively beneficially owned an aggregate of 2,665 Shares, constituting less than
1% of the Shares outstanding.

(d) No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends
from, or proceeds from the sale of, the Shares.
(e) As of February 16, 2018, the Reporting Persons ceased to beneficially own more than 5% of the outstanding Shares of the Issuer.

Each Reporting Person,
as a member of a “group” with the other Reporting Persons for the purposes of Section 13(d)(3) of the Securities Exchange
Act of 1934, as amended, may be deemed the beneficial owner of the Shares directly owned by the other Reporting Persons.  Each
Reporting Person disclaims beneficial ownership of such Shares except to the extent of his or its pecuniary interest therein.

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