Deutsche Bank AG e an raup SOUTHERN FINANCIAL LLC 182298 n14 For Sales Inquiries Contact Tazia Smith (Tei • (Email) For questions relating to this statement contact Valuations NY (Tel) (Email) valuations.nyttidb.com SOUTHERN FINANCIAL, LLC To: Gmail (Email) Gmail (Email) Gedeon Pinedo (Email) Vahe Stepanian (Email oseph Cothron (Email) Fx Rates: USD/EUR = 7318768983 Am ands Virhy (Grand) ID,I1 &Annie /Grand) 29,1an 2014 Par 1 Of 2 Note:-All Values are shown from the DB Group's point of view. A negative Value therefore expresses an amount which is in your favour, while a positive amount is one which is in 09 Group favour. The terms and conditions of each transaction are specified in the relevant trade Confirmation. This statement is an amendment to statement(s) you previously received. Amendments may relate either to changes to. or the removal of information previously appearing on the statement, or may relate to the addition of information not previously appearing on the statement. Please consider this statement to replace any previous version of the statement you received Deutsche Bank Group ("DB") is providing the valuations set forth above as an accommodation to you solely for your own internal use. Unless expressly stated otherwise, valuations represent DB's current economic assessment of the transaction or instrument as of the date specified. DB's economic assessment is typically derived all or in part from model prices. external sources, market pnces and/or DB's internal books and records prices. Valuations may be adjusted to take into account market, liquidity, credit, operational or other risks, and/or to reflect adjustments based upon our willingness to unwind all or part of your position or revenue that has been generated but not yet recognized by DB ("Premium Adjustments"). Such Premium Adjustments will generally always decline over time, as DB's appetite to unwind at a premium will generally decline over time, which will l