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EBITDA for a calendar quarter

Dated April 1, 2019 Ref IMAGES-007-HOUSE_OVERSIGHT_024346.txt Release House Oversight Committee — Epstein Estate Records (Nov 2025) 1 pages

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(9) These RSUs vest 25% on April 1, 2019, and the remaining amount vests in 36 equal monthly installments on the first of each month thereafter. (10) These performance-contingent RSUs vest on the date Carvana files a periodic report (1.e., Form 10-Q or Form 10-K) with the SEC reflecting positive EBITDA for a calendar quarter. -37- HOUSE_OVERSIGHT_024346

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