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eu s e =an roup Ta ua ion a emen SOUTHERN FINANCIAL, LLC Request 182298 As of 22 Apr 14 Deutsche Bank AG For Sales Inquiries Contact: Tazia Smith (Tel) For questions relating to this statement contact Valuations NY (Tel) SOUTHERN FINANCIAL, LLC To: Jabw a Gmail Email .Ha better Gmail (Email) „Joseph Cothron mail) Fx Rates: USD1EUR = .7248740531 hard Kahn12 (Email) com.Amanda Kirby (Email) Sedeon Pinedo (Email ahe Stepanian (Email) Paul Morns (Email) 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. 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_20140422_20140423_1 22 Apr 2014 Page 1 Of 3 EFTA01199045 feu sc e an roup 'a ua ion a amen SOUTHERN FINANCIAL, LLC Request 182298 i As of 22 Apr 14 22 Api 2014 Page 2 Of 3 Deutsche BankAG SOUTHERN FINANCIAL, LLC FX- • •- "Mr Trade ID Counterparty Settlement Trade Type Trade Date Maturity Date Date Not.Ccy NotAmt 1 1 Notecy Not.Amt 2 2 Long/ Short Option Style Put/ Call Strike Price MTM(USD) 36636443W SOUTHERN 710423459 FINANCIAL, LLC 36636443W SOUTHERN 710423461 FINANCIAL, LLC 36636443W SOUTHERN 710423463 FINANCIAL, LLC 36636443W SOUTHERN 710423465 FINANCIAL, LLC 381388504' SOUTHERN 745230011 FINANCIAL. LLC FxEroOpt 21•Nov-2013 20•Nov-2014 25•Nov2014 FXOneBarOneT 21•Nov-2013 2041ov-2014 25•Nov2014 ouchOpl FXOneBanOneT 21•Nov-2013 2041ov-2014 25•Nov-2014 ouchOpl FXOneBanOneT 21•Nov-2013 20•Nov-2014 25•Nov-2014 ouchOpt FxEuroOpt 31Jan•2014 01 -May•2014 07-fulay.2014 (1.000.000.00) USD 121.000.00) USD 121.000.00) USD 121.000.00) USD (10.000.000.00) USD 101.000.000 JPY 0 JPY 0 JPY 0 JPY 1,025,000.000 JPY SHORT LONG LONG LONG SHORT EUROPEAN EUROPEAN EUROPEAN EUROPEAN EUROPEAN CALL CALL 101.0000 0.0000 0.0000 0.0000 102.5000 (34.208.28) 11.65232 9.575.34 7.791.14 (49.748.84) Subtotal: (54.938.13) Commodities • Base Metal Derivatives Trade ID Counterparty Trade Type Trade Date Maturity Date Settlement Date Long/ Short Option Style Put/ Call Ref. Entity Not.Amt 1 Not.Ccy 1 Quantity Unit Price Per Unit Strike Price MTM(USD) 395494367! SOUTHERN 778125395 FINANCIAL. LW CommodnyOcrEu 03•Apr-2014 05-Dec•2014 0.3Dec.2014 ro.BaseMelal SHORT EUROPEAN CALL XCU (8.750.000.00) USD (50.00)MT25 0 7.000.0000 (290.499.79) Subtotal: (290,499.79) Otlws w Trade ID DealGrouplD Counterparty Trade Type Trade Date Eff. Date Maturity Date NolAmt 1 Not.Ccy 1 Not.Amt 2 Not.Ccy 2 DBPays DBRecelves MTM(USD) 390962915/ 3909629151784715 784715152 152 SOUTHERN axedeashOowFee I7-Apr-2014 FINANCIAL. LLC I7-Apr-2014 24Apr•2014 (312.000.00) USD (311.997.93) Statement ID : 182298_20140422_20140423_1 Subtotal: (311,997.93) 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 EFTA01199046 eutsc e =an roup Ta ua ion a ement SOUTHERN FINANCIAL, LLC Request 182298 As of 22 Apr 14 22 Apr 2014 Page 3 Of 3 Deutsche Bank AG SOUTHERN FINANCIAL, LLC Statement ID: 182298_20140422_20140423_1 Total: (657.435.85) 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 EFTA01199047