Ubiquiti Networks, Inc.

Engaged in transactions related to the exportation, reexportation, sale or supply, directly or indirectly, of goods for broadband wireless connectivity1 to Iran, and facilitating the reexportation, sale or supply of such goods to Iran, when it entered into an agreement granting a distributor in the United Arab Emirates (“U.A.E.”) exclusive rights to distribute Ubiquiti’s goods in Iran, then subsequently sold to the U.A.E. distributor and exported or shipped to the U.A.E. goods that were reexported to Iran.