13D Filing: Viex Capital Advisors, LLC and Maxwell Technologies Inc (MXWL)

(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 transactions in the Shares by VSO II since the filing of Amendment No. 1 are set forth in Schedule A and are incorporated herein by reference.

C.

VSO III

(a)

As of the close of business on May 11, 2017, VSO III may be deemed to beneficially own 801,868 Shares.

Percentage: Approximately
2.19%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 801,868 3. Sole power to dispose or direct the disposition: 0

4. Shared power to dispose or direct the disposition: 801,868

(c)

The transactions in the Shares by VSO III since the filing of Amendment No. 1 are set forth in Schedule A and are incorporated herein by reference.

D.

VIEX GP

(a)

VIEX GP, as the general partner of Series One, may be deemed the beneficial owner of the 1,032,522 Shares that may be deemed to be beneficially owned by Series One.

Percentage: Approximately
2.81%

(b)

1. Sole power to vote or direct vote: 0 2. Shared power to vote or direct vote: 1,032,522 3. Sole power to dispose or direct the disposition: 0 4. Shared power to dispose or direct the disposition: 1,032,522

(c)

VIEX GP has not entered into any transactions in the Shares since the filing of Amendment No. 1. The transactions in the Shares on behalf of Series One since the filing of Amendment No. 1 are set forth in Schedule A and are incorporated herein by reference.

E.

VSO GP II

(a)

VSO GP II, as the general partner of VSO II, may be deemed the beneficial owner of 0 Shares.

Percentage: 0%