APO-01 DECLARATION

APO-01 DECLARATION Owner APO-01 eill Artist $ MALEVICH, KAZIMIR Title Plane in Rotation (Black Circle) 0 Basis 20,000,000 CHRISTIE'S 5/11/16 ppraised value or purchase price + sales tax 50,000,000 Unrealized Gain/Loss 30,000,000 APO-01 GOGH, VINCENT VAN Carriere pres de Saint-Remy 46,000,000 60,000,000 14,000,000 APO-01 DEGAS, EDGAR Les chevaux de courses 8,300,000 20,000,000 11,700,000 APO-01 MATISSE, HENRI Figure decorative (Grand nu assis, accoude sur cube) 14,000,000 17,500,000 3,500,000 APO-01 BRANCUSI. CONSTANTIN Le Baiser 9,700,000 12,500,000 2,800,000 APO-01 PICASSO, PABLO Acrobate 3.250,000 6,000,000 2,750,000 APO-01 GAUGUIN, PAUL Le peintre Roy 2.600,000 5,000,000 2,400,000 APO-01 LEGER, FERNAND Les furnees sur les toits 1,650,000 4,000,000 2.350,000 APO-01 PICASSO, PABLO Figure surrealiste 950,000 3,000,000 2.050,000 APO-01 SEVERINI, GINO II tango Argentine 530,000 2,500,000 1,970,000 APO-01 ARP, JEAN Fant8me flairant un nombril 1,400,000 3,000,000 1,600,000 APO-01 BURRI, ALBERTO Bianco cretto 1,000,000 2,500,000 1,500,000 APO-01 ENSOR, JAMES Les bons juges 1,500,000 3,000,000 1,500,000 APO-01 SEURAT, GEORGES Le manteau blanc (Promeneuse au parapluie) 1,600,000 3,000,000 1,400,000 APO-01 FONTANA. LUCIO Concetto spaziale 1,300,000 2,500,000 1,200,000 APO-01 DELAUNAY, ROBERT Tour Eiffel 230,000 1,250,000 1,020,000 APO-01 FRAGONARD, JEAN-HONORE Le petit part (Les jardins de la villa d'Este) 1.250,000 2,000,000 750,000 APO-01 GOYA. FRANCISCO DE Bajan Riiiendo (They go down Quarreling) 4.000,000 4,500,000 500,000 APO-01 PARMIGIANINO, IL (MARIA FRANCESCO GIROLAMO MAZZOLA) Composition studies for La Madonna dal Collo Lungo (recto and verso) 1.000,000 1,500,000 500,000 APO-01 MUNCH. EDVARD Madonna (Liebendes Weib) 2.100.000 2.500,000 400.000 APO-01 REDON, ODILON Visage derriere les barreaux 850,000 1.250,000 400,000 APO-01 FRA BARTOLOMMEO Study of the kneeling Magdalen 1.150,000 1.500,000 350,000 APO-01 GRIS. JUAN Homme au chapeau haut-de-forme (Esquisse pour 'I'homme au café') 870,000 1,200,000 330,000 APO-01 GOLTZIUS, HENDRICK The artists right hand 4,700,000 5,000,000 300,000 APO-01 SCHLEMMER. OSKAR Rote Leiber 2,700,000 3,000,000 300,000 APO-01 NOGUCHI, ISAMU Bindu 730,000 1,000,000 270,000 APO-01 CORNELL, JOSEPH Magic Soap Bubble Set 5,250,000 5,500,000 250,000 APO-01 DOESBURG, THEO VAN Compositie 1,800,000 2,000,000 200,000 Page 1 EFTA00592899 APO-01 DECLARATION Owner Artist Title I Basis I CHRISTIE'S 5/11/16 appraised value or purchase price + sales tax Unrealized Gain/Loss APO-01 WATTEAU, JEAN-ANTOINE Feuille d'etudes: personnages assis au sol de dos, flutiste assis de profit a droite, main tenant un eventail terms, reprise de cette main 400,000 600,000 200,000 APO-01 ROMANO, GIULIO (GIULIO PIPPI) Bacchus as Autumn 100,000 250,000 150,000 APO-01 BECKMANN, MAX The Last Duty of Perseus 130,000 250,000 120,000 APO-01 PICASSO, PABLO Etude pour 'La Coiffure' 590,000 700,000 110,000 APO-01 DELACROIX, EUGENE Etude de fleurs: marguerites blanches et zinnias 700,000 800,000 100,000 APO-01 PIRANESI, GIOVANNI BATTISTA The 'Veduta Interna della porta della Cilia the dimonstra tutte le Bottege' in Pompei 900,000 1,000,000 100,000 APO-01 VASARI, GIORGIO Saint Eustace 315,000 400,000 85,000 APO-01 GROSZ. GEORGE Der Fund in der Vorstadt, 'Verwesung' 325,000 400,000 75,000 APO-01 RUISDAEL. JACOB ISAACKSZ. VAN A shepherd and his flock approaching farm buildings among trees 250,000 300,000 50,000 APO-01 BRESDIN, RODOLPHE The exterior of an inn (L'Auberge Normande) 170,000 200,000 30,000 APO-01 NOLDE, EMIL Der Prophet 50,000 80,000 30,000 APO-01 KLEE, PAUL Invention 10 - Drohendes Haupt 69,000 80,000 11,000 APO-01 HECKEL, ERICH Schlalender Matrose (Sleeping Sailor) 27,000 35,000 8,000 APO-01 KLEE, PAUL Invention 4 - Komiker 75,000 80,000 5,000 APO-01 BRUEGEL THE ELDER, PIETER Wooded landscape with Travelers 10.000,000 10,000,000 0 APO-01 DALl, SALVADOR The Ants (Las Hormigas) 1.000,000 1.000,000 0 APO-01 DELACROIX, EUGENE A bound sketchbook of scenes from Morocco 1.800,000 1.800,000 0 APO-01 DESPREZ, JEAN-LOUIS La Chimere de Monsieur Desprez 100.000 100,000 0 APO-01 DURER. ALBRECHT Samson rending the Lion 700.000 700,000 0 APO-01 FRAGONARD, JEAN-HONORE Portrait of Francois-Henri. 5th duc d'Harcourt, half-length and looking over his shoulder to the left 30,000,000 30,000,000 0 APO-01 KLEE, PAUL Drei sanfte Narrenworte (The Three Gentle Words of a Fool) 500,000 500,000 0 APO-01 KLEE, PAUL Invention 3 - Jungfrau in Baum 150,000 150,000 0 APO-01 PENONE, GUISEPPE Pella del monte 225,000 225,000 0 APO-01 PICASSO, PABLO Les trois graces (sold February 2016) 245,000 245,000 0 APO-01 REDON, ODILON Deux personnages dans un paysage rocheux 82,000 82,000 0 Page 2 EFTA00592900 APO-01 DECLARATION Owner Artist Title $ Basis CHRISTIE'S 5/11/16 ppraised value or purchase price + sales tax Unrealized Gain/Loss APO-01 RUBENS, SIR PETER PAUL Meleager and Atalanta hunting the Boar 6,000,000 6,000,000 0 APO-01 SERRA. RICHARD Ramble 4-3 245,000 245,000 0 APO-01 SERRA, RICHARD Ramble 4-4 245,000 245,000 0 APO-01 JOHNS, JASPER Regrets 39,000 35,000 (4,000) APO-01 JOHNS, JASPER Regrets 39,000 35,000 (4,000) APO-01 GROSZ, GEORGE Eigenbrodelei (Kaffeehausszene) 130,000 125,000 (5,000) APO-01 DE WAAL. EDMUND The city & desire 150,000 125,000 (25,000) APO-01 GOGH, VINCENT VAN Portrait du Docteur Gachet 300,000 250,000 (50,000) APO-01 MAGRITTE, RENE Le bain de cristal 1,800,000 1,750,000 (50,000) APO-01 PIRANESI, GIOVANNI BATTISTA Invenzioni Capric di Carceri (Imaginary Prisons) 450,000 400,000 (50,000) APO-01 REDON, ODILON L'Araignee 150,000 100,000 (50,000) APO-01 COURBET, GUSTAVE Portrait de Francois Sabatier 130,000 70,000 (60,000) APO-01 RODIN, AUGUSTE Femme nue 150,000 85,000 (65,000) APO-01 GUERCINO, IL (GIOVANNI BATISTA BARBIERI) Landscape 580,000 500,000 (80,000) APO-01 GERICAULT, THEODORE Lion devouring a horse 400,000 300,000 (100,000) APO-01 PIRANESI, GIOVANNI BATTISTA Study of a standing man seen from behind 260,000 150,000 (110,000) APO-01 RUNGE, PHILIPP OTTO (AFTER) The Four Times of the Day 385,000 250,000 (135,000) APO-01 BONTECOU. LEE Untitled 500,000 350,000 (150.000) APO-01 LORRAIN, CLAUDE (CLAUDE GELLEE) A wooded landscape 6.700,000 6.500,000 (200,000) APO-01 MUNCH. EDVARD Evening. Melancholy I 1.700,000 1.500,000 (200,000) APO-01 PERUZZI, BALDESSARE Allegory with an Artist 2.000,000 1.800,000 (200,000) APO-01 REDON, ODILON Les epines rouges 1,200,000 1,000,000 (200,000) APO-01 RUBENS, SIR PETER PAUL Samson and Delilah 5,700,000 5,500,000 (200,000) APO-01 SCHIELE. EGON Stadt am blauen Fluss (Krumau) 3,200,000 3,000,000 (200,000) APO-01 RYMAN, ROBERT Versions X 1,300,000 1,000,000 (300,000) APO-01 MARDEN. BRICE Untitled 1,600,000 1,250,000 (350,000) Page 3 EFTA00592901 APO-01 DECLARATION IIIP I r Owner APO-01 Artist KLINE, FRANZ Title Untitled I Basis 600,000 CHRISTIE'S 5/11/16 appraised value or purchase price + sales tax 175,000 Unrealized Gain/Loss (425,000) APO-01 PICASSO, PABLO Nue endormie 13,000,000 12,500,000 (500,000) APO-01 PICASSO, PABLO Tete de jeune homme 4,500,000 4,000,000 (500,000) APO-01 REDON, ODILON Fleurs sur fond noir 1,000,000 500,000 (500,000) APO-01 SHAPIRO, JOEL Untitled 1,000,000 500,000 (500,000) APO-01 GIACOMETTI, ALBERTO Le Vide-poche 4,600,000 4,000,000 (600,000) APO-01 ENSOR, JAMES The Ride of the Valk ries 800,000 125,000 (675,000) APO-01 BAROCCI, FEDERICO Study for the 'Madonna del Popolo' or Christ Blessing with an angel holding a flute, and a flying putto surrounded with seraphs 7,000,000 6,000,000 (1,000,000) APO-01 PICASSO, PABLO Composition (Composition au minotaure) 19,000,000 18,000,000 (1,000,000) APO-01 PICASSO, PABLO Portrait de Mateu Fernandez de Soto 36,400,000 35,000,000 (1,400,000) APO-01 TOULOUSE-LAUTREC, HENRI DE La Toilette: Femme qui se leve 3,800,000 2,000,000 (1,800,000) APO-01 PICASSO, PABLO Fernande (drawing) 7.500,000 4.000,000 (3,500,000) 323,866,000 396,042,000 72,176,000 Page 4 EFTA00592902