From: Vahe Stepanian To: "Jeffrey E." <jeevacation®gmail.com.> Stewart Oldfield , Richard Kahn ,Ariane D er , Paul Morris CC: Daniel Sabha Subject: AAPL / SUNE Note [Cl Date: Thu, 20 Aug 2015 19:30:35 +0000 Inline-Images: image001.jpg; image002.jpg Classification: Confidential Jeffrey —we indicatively priced up the below structured note today on the back of weakness in both AAPL and SUNE. Please let us know if this is of interest. Thank you, Vahe Sample transaction terms - 18mo Callable Yield Note For discussion purposes only — pricing subject to change Issuer: Maturity: BNP Paribas 18 months (callable after 3 months) Underlying: Lesser of: Apple Inc (AAPL) SunEdison Inc. (SUNE) Callable: Contingent Coupon: Coupon Barrier: Principal Barrier: Quarterly if both are above initial level 30.00% p.a. subject to coupon barrier Observed and paid quarterly 60% of initial strike observed quarterly 60% of initial strike observed at maturity only Description: The investor receives 7.50% per quarter (30% p.a.) if all (2) underlying stocks are above the coupon barrier on the quarterly observation date. The note is autocallable on each quarterly observation date if both of the underlying stocks are above initial level on quarterly observation date. If not redeemed early, at maturity, the principal is at risk if one or more of the underlying stocks has a final strike below their principal barrier, with the investor being exposed to the return of the worst performing underlying stock. Cash settlement at termination. SUNE Chart: EFTA01207631