Quantum Corp (QTM): Activist Starboard Value Trims Exposure; Replaces Board Member

Page 17 of 20 – SEC Filing

G.	Starboard Value GP

(a)

Starboard Value GP, as the general partner of Starboard Value LP, may be deemed the beneficial owner of the (i) 24,582,539 Shares owned by Starboard V&O Fund, (ii) 5,269,399 Shares owned by Starboard S LLC, (iii) 2,457,479 Shares owned by Starboard C LP and (iv) 8,244,277 Shares held in the Starboard Value LP Account.

Percentage: Approximately 14.2%

(b)

1. Sole power to vote or direct vote: 40,553,694

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 40,553,694

4. Shared power to dispose or direct the disposition: 0

(c)

Starboard Value GP has not entered into any transactions in the Shares during the past sixty days.  The transactions in the Shares on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and through the Starboard Value LP Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

H.	Principal Co

(a)

Principal Co, as a member of Starboard Value GP, may be deemed the beneficial owner of the (i) 24,582,539 Shares owned by Starboard V&O Fund, (ii) 5,269,399 Shares owned by Starboard S LLC, (iii) 2,457,479 Shares owned by Starboard C LP and (iv) 8,244,277 Shares held in the Starboard Value LP Account.

Percentage: Approximately 14.2%

(b)

1. Sole power to vote or direct vote: 40,553,694

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 40,553,694

4. Shared power to dispose or direct the disposition: 0

(c)

Principal Co has not entered into any transactions in the Shares during the past sixty days.  The transactions in the Shares on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and through the Starboard Value LP Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

I.	Principal GP

(a)

Principal GP, as the general partner of Principal Co, may be deemed the beneficial owner of the (i) 24,582,539 Shares owned by Starboard V&O Fund, (ii) 5,269,399 Shares owned by Starboard S LLC, (iii) 2,457,479 Shares owned by Starboard C LP and (iv) 8,244,277 Shares held in the Starboard Value LP Account.

Percentage: Approximately 14.2%

(b)

1. Sole power to vote or direct vote: 40,553,694

2. Shared power to vote or direct vote: 0

3. Sole power to dispose or direct the disposition: 40,553,694

4. Shared power to dispose or direct the disposition: 0

(c)

Principal GP has not entered into any transactions in the Shares during the past sixty days. The transactions in the Shares on behalf of each of Starboard V&O Fund, Starboard S LLC, Starboard C LP and through the Starboard Value LP Account during the past sixty days are set forth in Schedule A and are incorporated herein by reference.

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