23Ape 2014 Page 1 Of 3 Deutsche Bank AG For Sales Inquiries Contact Tazia Smith (Tel) •1(212)454-2889 (Email For questions relating to this statement contact Valuations NY (Tel) 1-212-250-2600 (Email; A SOUTHERN FINANCIAL, LLC To: Jabvecpa Gmail (Email Har beller Gmail Email) Richard Kahn12 (Email) .Gedeon Pinedo (Email) vahe Stepanian (Email) Joseph Cothron (Email Tazia Smith (Email Amanda Kirby (Email) Paul Morris (Email) Fx Rates: USD/EUR = 7231442311 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 OB Group favour. The terms and conditions of each transaction are specified in the relevant trade Confirmation. 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 prices and/or DB's internal books and records prices. Valuations may be adjusted to take into account market, liquidity, credit. operational or other Asks, 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 lead to lower valuations in the absence of changes in market conditions. Valuations, including those containing Premium Adjustments, may not represent the terms at which new transactions or instruments could be entered into with DB or the terms at which existing transactions or instruments could be liquidated or unwound with DB. DB may change its