DS9 Document EFTA01169703

tg Deutsche Bank AG For Sales Inquiries Contact: For questions retail to this statement contact SOUTHERN FINANCIAL, LLC To: Jab ..a Gmail Email Richard Kahn12 (Email) .Hnw Clientservices (Email) Gedeon Pinedo (Email Vahe Stepanian (Email) Mark Whyman (Email) manda Kirby (Email) .Paul Morris (Email) Daniel Sabba (Email) Mane Dwyer (Email) Fx Rates: USD/EUR = .6973036027 Note:-AJI 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. De'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. DB 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: 182298_20150923_20150924_1 eu e -an roup a ua ion a emen SOUTHERN FINANCIAL, LLC Request 182298 As of 13 Sep 15 24 Sep 2015 Page 1 Of 3 EFTA01169703 Ieu e -an roup a ua on a amen ig SOUTHERN FINANCIAL, LLC Request 182298 As of 23 Sep 15 J \ 24 Sep 2015 Page 2 Of 3 Deutsche Bank AG SOUTHERN FINANCIAL, LLC Credit • Deledt Trade ID Counterparty Trade Type Ref. Entity Trade Date Eft Date Maturity Date BuySell NotAnA 1 Not.Ccyl Not.Amt 2 Not.Ccy2 Rate Spread MTM(USD) 0797075461 SOUTHERN CDSwapSov BRASOV FINANCIAL LLC 13-Jan-2015 14,1an2015 20Nar•2020 SELL 10.000.000.00 USD 10.000.000.00 USD 1.0000 458 (1,409,371.10) Subtotal: (1.409,371.10) Equity • Option db Ticket Counterparty Ref. Entity Put/ Call Expiry Date Not.Amt Not.Ccy Quantity Strike Price Spot Price Implied Volatility Fair Price MTM(USD) LN.618753 SOUTHERN LN_6187538U FINANCIAL LLC NY618176 SOUTHERN TWIRN FINANCIAL. LLC CALL CALL 19Dec.2015 (4.166.000.00) 274an•2016 3.896.620.0D USD (4.166.000) USD 100,000 1.0000 399662 26.7900 50.4397 0.461 (57.286.65 45.894 17 Subtotal: (11.392.48) FX • Opdons DealGrouplD Counterparty Trade Type Trade Date Maturity Date Settlement Not.Ccy NoiCcy Date Not.Amt 1 1 NotAmt 2 2 Long/ Short Option Style Put/ Cal Strike Price MTM(USD) 497117498! SOUTHERN FxElro0pt 024u1•2015 1037233558 FINANCIAL, LLC 497117498/ SOUTHERN FxEuroOpt 02442015 1037233559 FINANCIAL, LLC 497126993/ SOUTHERN FxEuroOpt 02.„1u1.2015 1037255502 FINANCIAL, LLC 497126993/ SOUTHERN FxEuroOpt 02442015 1037255503 FINANCIAL, LLC 04.lan.2016 04Jan•2016 04.lan-2016 04,Jan-2016 06Jan•2016 50.000.000.80 EUR 06.lan.2016 50.000.000.00 EUR 06.lan.2016 25.000.000.00 EUR 06.lan.2016 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 (246.913.82) 415,489.05 (155.024.0?:, 252.927.21 Statement ID : 182298_20150923_20150924_1 Subtotal: 266,478.35 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 EFTA01169704 eu sc e =an roup 'a ua ion a amen SOUTHERN FINANCIAL, LLC Request 182298 As of 23 Sep 15 24 Sep 2015 Page 3 Of 3 Deutsche Bank AG SOUTHERN FINANCIAL, LLC EPA T- SIM IITINId db Ticket Counterparry Ref. Entity Put/ Call Expiry Date NoLAtnt NoLCcy NotAmt 2 Not.Ccy2 Strike Nee MTM(USD) 612676 SOUTHERN TWTR.N 01•Feb20I6 (2.646.000.00) FINANCIAL. LLC USD 26.4600 (31,396.48) Subtotal: (31.396.48) Statement ID: 182298_20150923_20150924_1 Total: (11 85.681.71) 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 EFTA01169705