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Message From: Stackman, Scott laaa Sent: 2/9/2015 4:51:41 PM To: G Maxwell [GMaxla; Ghislaine J; Casriel, Lyle ; Gutierrez, Matthew le); Klein, Matthew [Matthew.Klein@a; Ramdeen, Vijai j; Shkreli, Juliana Waldron, Chelsey Devon [ Subject: RE: Sale completed. Scott L. Stackman Managing Director - Investments Private Wealth Advisor UBS Private Wealth Management 299 Park Avenue 25th Floor New York, NY. 10171 Please Int ash esnsl that this e-mail is not In official traittactice ccatimuttion the Alois' ottnfimthlion dthia be unit to you ais rguLtr mai I. From: G Maxwell [mailto Sent: Monday, February 09, 201511:35 AM To: Stackman, Scott; Ghislaine; Casriel, Lyle; Gutierrez, Matthew; Klein, Matthew; Ramdeen, Vijai; Shkreli, Juliana; Waldron, Chelsey Devon Subject: Re: Please sell Roche. I will look at Crane and come back to you Thank you THE TERRAMAR PROJECT FACEBOOK TWITTER G+ PINTEREST INSTAGRAM PLEDGE THE DAILY CATCH From: Scott Stackman Date: Monday, February 9, 2015 at 10:36 AM To: gmax, "Ivle.casriela, "matthew.gutierrez(e", " H, Subject: <no subject> Ghislaine CONFIDENTIAL UBSTERFtAMAR00000827 EFTA00236510 Currently you own 1400 shares of Roche Holdings RHHBY. You purchased the shares at 28.13 and they are currently at 33.10. We have removed them from our buy list and we would like to replace them with the below, Thank you • We are adding Crane Co. (CR) to the Dividend Ruler stock list. Crane is a diversified manufacturer of engineered industrial products. Its two largest business segments are Fluid Handling and Aerospace & Electronics representing 70% of sales. Crane has increased its dividend per share at an annualized rate of 12.6% over the past ten years. • We are removing Roche Holding (RHHBY). Dividend per share growth over the next few years appears increasingly likely to fall below our list's minimum 4% threshold. Scott L. Stackman Managing Director - Investments Private Wealth Advisor UBS Private Wealth Management 299 Park Avenue 25th Floor New York. NY. 10 I 71 C Mine be ath.ned 1ha1 Ihix e-mail is not an ofrwial trans:mon conlimunion. The confinnation of dna innsmaim %rill to gad to yaw via regular mail. CONFIDENTIAL UBSTERFtAMAR00000828 EFTA00236511