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01 Dee 2015 Page 2 Of 3 Deutsche Bank AG SOUTHERN FINANCIAL, LLC Credit • Default Swap Trade ID Counterparty Trade Type Ref. Entity Trade Date Eff. Date Maturity Date SuySell Not. Amt 1 Not.Ccy1 Not Amt 2 Not.Ccy2 Rate Spread MTM(USD) 07970754M SOUTHERN CDSwapSov BRASOV FINANCIAL LLC I 3,1an.2015 14-Jan-2015 20.Mal.2020 SELL 10 008 000 00 USD 'C. :CC IOC CO .ISII I ?O:0 418 II 2..2 ,,-;:: • ., Subtotal (1 202 524 7:., Equity -Option db Ticket Counterparty Ref. Entity Put/ Call Expiry Date NotAmt Not.Ccy Quantity Strike Price Spot Price Implied Volatility Fair Price MTM(USD) LT4618753 NV-618176 SOUTHERN Lt1_618753BU FINANCIAL LLC SOUTHERN TWIR N FINANCIAL, LLC CALL CALL 18-Dec-2015 27-Jan-2016 ;4 ItT2'.a.t; 35) 3666,62000 USD (4,166.6434.9 USD 100.000 10000 389662 25.4003 549073 0.061 (97.964.981 6,C01 56 Subtotal: (91.883 42) FX • Options DealGroupID Counterparty Trade Type Trade Date Maturity Date Settlement Date Not.Ccy Not.Ccy NotAmt 1 1 Not.Amt 2 2 Long/ Shod Option Style Put/ Call Strike Price MTM(USD) 497117498i 1037233558 49711749W 1037233559 4971269937 1037255502 497126993/ 1037255503 SOUTHERN F)EuroOpt 02,41.2015 Flatlet/4,11C SOUTHERN REuroOpl 02-JA-2015 FINANCIAL, LLC SOUTHERN FAuroOpt 02•JA•2015 FINANCIAL, LW SOUTHERN hieroOpt 02-Jul-2015 FINANCIAL. LW 04-Jan-2016 04-Jan.2016 04-Jan-2016 04-Jan-2016 06-Jan-20I6 06•Jan•2016 06-Jan-2016 06-Jan-2016 50000000.00 EUR 50030000 00 EUR 25.000.030.00 EUR 25000030.00 EUR (52.003,000 00) USD (58:200.00000) USD (26.2Ki000 00) USD (26.9 12,50.0) USD SHORT LONG SHORT LONG ELRCPEAN ELRCPEAN ELRCPEAN ELRCPEAN PUT CALL PVT CALL 1.0403 1.1640 1.050D 1.1565 (464.50843) 6,67950 1325.%343) 5.04573 Statement ID : 182298_20151 130_20151201_1 Subtotal: The valuation information set forth in this statement is provided subject to the terms and conditions set for

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