Deutsche Bank AG Fax Sales Inquirles Contact Daniel Sabba Tel 03Dec2015 Page 1 Of 3 Enna For questions relating to this statement contact Valuations RV (Tel) SOUTHERN FINANCIAL. LLC To: Jabvrcpa Gmail (Email Richard Kahn12 (Email) aom.Hnw Clentservices (Email) edeon Pinedo (Email) Mark Whyman (Email)melmgmblImmAmanda Kirby (Email) Paul Morns (Email)laaniel Sabba (Email) .Vahe Stepanian (Email) Ariane Dwyer (Email) FXRaWK USD/EUR = 9462528472 Values are shown from the DB Group's point of view. A negative Value therefore expresses an amount which is in your favour, white a positive amount is one which is in DB Group favour. The terms and conditions of each transaclion are specified In the relevant trade Confirmation. Deutsche Bank Group ("DB") is providing the valuations set forti above as an accommodation to you solely for your own intemal use. Unless expressly stated othenvise. valuations represent DB's current economic assessment of the transaction or instrument as of the date specified. [es economie assessment is typicalty derived all or in part from model pnces, externe' sources, market prices and/or DB's interne' books and records prices. Valuations may be adjusted to take into account market, bquidity, credit, operational or other risks, and/or to refleet 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 deebne over time. as DB's appetite to unwind at a premium will generally dedine over time, which will lead to lower valuations in the absence of changes in market conditions. Valuations, including Chose containing Premium Adjustments, may not represent the terms at which new transactions or instruments could be entered into witti DB or the terras at which existing transactions or instruments could be liquidated or unwound wich DB. DB may change its valuation methodology and