DS9 Document EFTA00590682

eu e =an roup Ta ua ion SOUTHERN FINANCIAL, LLC Request As of ZD Aug 15 21 Aug 2015 Page 1 Of 3 Deutsche Bank AG For Sales Inquiries Contact: Daniel Sabba (Tel) +-(Email) For questions relating to this statement contact Valuations NY (Tel) 1-212-250-2600 (Email) SOUTHERN FINANCIAL, LLC To: Jabwcpa Gmail (Email) Richard Kahn12 (Email) Hnw Clientservices (Email) Gedeon Pinedo (Email) Vahe Stepanian (Email) Mark Whyman (Email)-.Amara a ir y mai Paul Morris (Email) a ,Daniel Sabba (Email) Mane Dwyer (Email) Fx Rates: USD/EUR = .6932160243 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 DB 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 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 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 OB. DB may change its valuation methodology and the related adjustments and assumptions at any time, so that future valuations may be less favourable than the current ones, even in the absence of an adverse development in market conditions. Valuations based on different assumptions or calculated using other methodologies may also yield different results and any adjustments may not apply for the duration of the transaction or instrument. My subsequent valuations provided to you will almost certainly differ from this valuation. This difference can be less favourable to you, and due to the volatility of market conditions. the size or notional amount of the decrease or increase and other factors, the differential could be substantial. 0B shall not be liable for any errors or omissions made in calculating or disseminating valuations, or for any inaccuracies or flaws in the methodologies. adjustments or assumptions. DB specifically disclaims liability for any losses or damages (incidental, consequential or otherwise) that may arise from valuations that are either used or relied upon by you or any other party for any reason including, without limitation. your use of valuations in preparation of your own financial books and records. Statement ID : EFTA00590682 eu sc e =an roup Ta ua ion I SOUTHERN FINANCIAL, LLC Request 182298 As of 20 Aug 15 a amen 21 Aug 2015 Page 2 Of 3 Deutsche Bank AG SOUTHERN FINANCIAL, LLC Creclt • Trade ID Counterpany Trade Type Ref. Entity Trade Date Et Date Maturity Date BuySell NotAmt 1 Not.Ccy1 Not.Amt 2 Not.Ccy2 Rate Spread MTM(USD) C7970754M SOUTHERN CREDIT BRASOV FINANCIAL LLC DERIVATIVE. DEFSWAP I3.Jan-2015 14•Jan-2015 20.Mar.2020 SELL 10.000.000.00 USD 10.000.000.00 USD 1.0000 311 (865.415.17} Subtotal: (865,415.17) Equity • Option db Ticket Counterpady Ref. Entity Put/ Call Expiry Date NotArnt Not.Ccy Quantity Strike Price Spot Price Implied Volatility Fair Price MTM(USD) LN 6I8753 SOUTHERN FINANCIAL LW NYEI8 176 SOUTHERN FINANCIAL. LLC CALL CALL ill-Dec.2015 (4.166.000.00) 27-Jan-2016 3.896.620.00 USD (4.166.000) USD 100.000 1.0000 38.9662 26.0000 52.3616 0.647 (95.194.83} 64,640.83 Subtotal: (30,534.00) FX • Opdons DealGrouplD Counterpany Trade Type Trade Date Maturity Date Settlement Not.Ccy NoLC,cy Date Not.Ant 1 1 NotAmt 2 2 Long/ Short Option Style Put/ Cal Strike Price MTM(USD) 497117498f SOUTHERN FxEuroOpt 02442015 1037233558 FINANCIAL, LLC 497117498/ SOUTHERN FxEuroOpl 02442015 1037233559 FINANCIAL, LLC 497126993/ SOUTHERN FxEuroOpt 02442015 1037255502 FINANCIAL, LLC 497126993/ SOUTHERN FxEuroOpt 02442015 1037255503 FINANCIAL, LLC 04...lan2016 04.1an-2016 04-Jan-2016 04.1an-2016 06.1an-2016 50.000.000.00 EUR 06.1an2016 50.000.000.00 EUR 06.1an2016 25.000.000.00 EUR 06.1an2016 25.000.000.00 EUR (52.000.000.00) USD (58.200.000.00) USD (26,250.000.00) USD (28,912.500.00) USD SHORT LONG SHORT LONG EUROPEAN EUROPEAN EUROPEAN EUROPEAN PUT CALL PUT CALL 1.0400 1.1640 1.0500 1.1565 2246.347.5' 526.999.86 ;154.411E 316.40325 Statement ID : 182298_20150820_20150821_1 Subtotal: 440.944.00 The valuation information set forth in this statement is provided subject to the terms and conditions set forth in the notes on the cover sheet EFTA00590683 •eu sc e :an roup 'a ua ion a amen SOUTHERN FINANCIAL, LLC Request 182298 As of 20 Aug 15 A 21 Aug 2015 Page 3 Of 3 Deutsche Bank AG SOUTHERN FINANCIAL, LLC FAWN - Sw8P WNW db Ticket Counterpart)/ Ref. Entity Put/ Call Expiry Date NotAmt Not.Ccy NotAmt 2 NoLCcy2 Strike Price MTM(USD) SOUTHERN 01.Feb-2016 :3 470 CCC, CC: FINANCIAL. LLC USD 34.7000 871,995.02 Subtotal: 871.995.02 Statement ID: 182298_20150820_20150821_1 Total: 416,989.85 The valuation information set forth in this statement is provided subject to the terms and conditions set forth in the notes on the cover sheet EFTA00590684