From: Vahe Stepanian To: "jeffrey E." <[email protected]> Morris Stewart Oldfield , , "'Richard Ariane D er , Paul CC: Daniel Sabba Kahn"' Subject: RE: Trade Report 8/12/14 - USDCNH 1 yr Put [C] Date: Fri, 07 Aug 2015 17:14:47 +0000 Attachments: 182298 20150806 20150807_1 .pdf Inline-Images: image001.jpg; image002.png; image003.png; image004.gif; image005.gif Classification: Confidential Per the attached valuation statement — the position is marked at zero as of yesterday's close. For your reference, the option expires on 8/12/15 and was originally struck at 6.16. Current spot —6.2165. From: jeffrey E. [mailto:[email protected]] Sent: Friday, August 07, 2015 1:00 PM To: Vahe Stepanian Subject: Re: Trade Report 8/12/14 - USDCNH lyr Put [C] what is the mark to market on the postion I own? On Fri, Aug 7, 2015 at 9:50 AM, Vahe Stepanian < Classification: Confidential > wrote: Jeffrey — recall that you are long a CNH option that will expire on Wednesday, Aug. 12th - details in email at bottom. Ahead of the expiry, we wanted to send pricing in case you wish to roll for another year. Indicative pricing is for an option struck around current USD/CNH spot. Indicative pricing is as follows: Spot ref = 6.2173 Southern Financial buys European USD Put on USD/CNH Strike: 6.218 Notional: USD 75,000,000 Expiry: Tue 09-Aug-2016 (1y) Premium: USD 295,000 Please let us know if you have questions. Thank you, Vahe EFTA01207071