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ry offices in those Cantons with Identification No: CH-270.3.004.646-4 and having EFTA00399817 respective head offices at Aeschenvorstadt 1, 4051 Basel and Bahnhofstrasse 45, 8001 Zurich, Switzerland. Registered in the United Kingdom as a foreign company with No: FCO21146 and having a UK Establish
all messages. Messages are protected and accessed only in legally justified cases. copyright - all rights reserved This communication is issued by UBS AG and/or affiliates to professional investors only. This is not a personal recommendation, an offer to buy or sell or a solicitation to buy or sell a
catel-Lucent France Communication Officer and Executive Vice-President Jaime Caruana General Manager, Bank for International Settlements (BIS), Basel John Casey Vice-President International News and Programming CNBC United Kingdom Pete Cashmore Chief Executive Officer and Founder Mashable
nd Chief Executive Officer RWE AG Germany Steve Grove Head. News and Politics YouTube Inc. USA Oswald J. GrbeI Group Chief Executive Officer UBS AG Switzerland John J. Grumbar Honorary Chairman Egon Zehnder International United Kingdom Hubertus von Grénberg Chairman of the Board ABB Ltd
catel-Lucent France Communication Officer and Executive Vice-President Jaime Caruana General Manager, Bank for International Settlements (BIS), Basel John Casey Vice-President International News and Programming CNBC United Kingdom Pete Cashmore Chief Executive Officer and Founder Mashable
nd Chief Executive Officer RWE AG Germany Steve Grove Head. News and Politics YouTube Inc. USA Oswald J. GrbeI Group Chief Executive Officer UBS AG Switzerland John J. Grumbar Honorary Chairman Egon Zehnder International United Kingdom Hubertus von Grénberg Chairman of the Board ABB Ltd
ommercial Registry offices in those Cantons with Identification No: CH-270.3.004.646-4 and having respective head offices at Aeschenvorstadt 1, 4051 Basel and Bahnhofstrasse 45, 8001 Zurich, Switzerland. Registered in the United Kingdom as a foreign company with No: FC021146 and having a UK Establishm
u yesterday.Let me introduce you to Guillaume =ambourg,CIO and Founder of Veranzzano. Hope to see you soon. Charly This communication is issued by UBS AG and/or affiliates to professional investors only. This is not a personal recommendation, an offer to buy or sell or a solicitation to buy or sell an
ount name: TERRAMAR PROJECT, INC. Friendly account narne:TERFtAMAR Account number. Y1 23656 55 Summary of approved payees and recurring payments Basel on your instructions the foNowingpa)ees and recurring payments are consgfered 'approved payees'. As a resuk (l)you may authorize addeionar traosion
FDIC insurance /copier to deposits at UBS Bank USA and at balks participating in the UBS FDIC insured Deposit Proven. I &es not apply to deposits at UBS AG. stardoms Erarch or bank eeposiits placed through the UBSInteenationS Deposit Account program WC protection apples to money market sweep fund hydro
Executive Vice-President. Colombia AngloGold Ashanti Ltd South Africa Jaime Caruana General Manager. Bank for International Settlements (BIS), Basel John Casey Vice-President. International News and CNBC United Kingdom Programming Marc N. Casper President and Chief Executive Officer Thermo
utive Officer New York University Acciona Energia SA USA Spain JPMorgan Chase & Co. USA LLC "Capital Partners' Group Chief Executive Officer UBS AG President and Chief Executive Officer President, Intel Foundation: Vice-President. Legal and Corporate Affairs and Director, Corporate Affairs G
mmercial Registry offices in those Cantons with Identification No: CH-270.3.004.646-4 and having respective head offices at Aeschenvorstadt 1, 4051 Basel and Bahnhofstrasse 45, 8001 Zurich, Switzerland. Registered in the United Kingdom as a foreign company with No: FCO21146 and having a UK Establish
all messages. Messages are protected and accessed only in legally justified cases. copyright - all rights reserved This communication is issued by UBS AG and/or affiliates to professional investors only. This is not a personal recommendation, an offer to buy or sell or a solicitation to buy or sell a
mmercial Registry offices in those Cantons with Identification No: CH-270.3.004.646-4 and having respective head offices at Aeschenvorstadt 1, 4051 Basel and Bahnhofstrasse 45, 8001 Zurich, Switzerland. Registered in the United Kingdom as a foreign company with No: FCO21146 and having a UK Establish
all messages. Messages are protected and accessed only in legally justified cases. copyright - all rights reserved This communication is issued by UBS AG and/or affiliates to EFTA00399412 professional investors only. This is not a personal recommendation, an offer to buy or sell or a solicitation t
mmercial Registry offices in those Cantons with Identification No: CH-270.3.004.646-4 and having respective head offices at Aeschenvorstadt 1, 4051 Basel and Bahnhofstrasse 45, 8001 Zurich, Switzerland. Registered in the United Kingdom as a foreign company with No: FCO21146 and having a UK Establish
all messages. Messages are protected and accessed only in legally justified cases. copyright - all rights reserved This communication is issued by UBS AG and/or affiliates to professional investors only. This is not a personal recommendation, an offer to buy or sell or a solicitation to buy or sell a
untry by country basis. Banks continue to hold 0531 billion of non-core real estate loans that they will need to sell ahead of the implementation of Basel III and other regulations. We believe the largest remaining loan exposure is in the UK, Spain, and Ireland. Blackstone expects BREP Europe V to inv
the LLC Agreement). The Administrator is a direct, wholly owned subsidiary of UBS Americas, which, in turn, is a direct, wholly owned subsidiary of UBS AG (together with its affiliates, "UBS"). Prospective investors should not construe the contents of this Memorandum as legal, investment, tax or other
Entities connected to both Basel and UBS AG

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