Company: PGYWW
Filing Date: 2025-12-05
Form Type: S-3ASR
Source: 0000950103-25-015781
Chunk: 47

Company: Pagaya Technologies Ltd.
Filing Date: 2025-12-05
Form: S-3ASR
Chunk 47
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 LLC, 9 
 West 57th Street, 35th Floor, New York, New York 10019.                                                                            |

| (16) | Represents (i) 1,011,870 Class A Ordinary Shares, and (ii) private placement warrants to acquire 397,942 Class A Ordinary Shares.              
 The private placement warrants are subject to performance-based vesting. The board of directors of HS Investments IV Limited comprises         
 Trina Le Noury and Kate Solway and each director has shared voting and dispositive power with respect to the securities held by HS Investments 
 IV Limited. Each of them disclaims beneficial ownership of the securities held by HS Investments IV Limited. The address of HS Investments     
 IV Limited is East Wing, Trafalgar Court, Les Banques, St Peter Port, Guernsey, GY1 3PP.                                                       |

| (17) | Whale Rock Capital Management LLC (“Whale Rock”) is the investment manager of the Whale Rock Flagship Master Fund, LP                         
 (“Whale Rock Flagship Master Fund”). Alexander Sacerdote is the managing member of Whale Rock. Accordingly, each of Whale                     
 Rock and Mr. Sacerdote may be deemed to have beneficial ownership of the shares held by the Whale Rock Flagship Master Fund insofar as        
 they have the power to direct the voting or the disposition of such shares. Each of Whale Rock Capital and Mr. Sacerdote disclaims beneficial 
 interest of the shares held by the Whale Rock Flagship Master Fund except to the extent of their respective pecuniary interest therein.       
 The business address of Whale Rock Flagship Master Fund, LP is 2 International Place Boston, Massachusetts 02110.                             |

| (18) | Whale Rock Capital Management LLC (“Whale Rock”) is the investment manager of the Whale Rock Flagship (AI) Fund LP (“Whale                 
 Rock Flagship AI Fund”). Alexander Sacerdote is the managing member of Whale Rock. Accordingly, each of Whale Rock and Mr. Sacerdote       
 may be deemed to have beneficial ownership of the shares held by the Whale Rock Flagship AI Fund insofar as they have the power to direct  
 the voting or the disposition of such shares. Each of Whale Rock Capital and Mr. Sacerdote disclaims beneficial interest of the shares     
 held by the Whale Rock Flagship AI Fund except to the extent of their respective pecuniary interest therein. The business address of Whale 
 Rock Flagship (AI) Fund LP