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f possibilities. From October 13, 2003 through September 8, 2006 the percentage band criteria used in the rating system was 10%. Additional Prices: Bombardier Inc., C$5.87 (23 Mar 2010); Embraer, US$24.66 (23 Mar 2010); Source: UBS. All prices as of local market close. UP'S 21 EFTA_R1_01473314 EFTA02411819

iate and analyst employed by that affiliate contributing to this report, if any. follows. UBS Securities LLC: David E. Strauss; Cristina Fernandez: Darryl Genovesi. UBS Securities Canada Inc: Tasneem Azim. Company Disclosures Company Name Reuters 12-mo rating Short-term rating Price Price date General Dyn

f possibilities. From October 13, 2003 through September 8, 2006 the percentage band criteria used in the rating system was 10%. Additional Prices: Bombardier Inc., C$4.72 (01 Feb 2012); Embraer, US$28.64 (01 Feb 2012); Source: UBS. All prices as of local market close. UBS 12 EFTA_R1_00225659 EFTA01840660

1./IrnMr - nanglkIna tn :44 0 UBS Business Jet Market Index —' Rel Pte (RHS) 10 David E. Strauss Analyst Pane strausstguts can .1-212-713 6185 Darryl Genovesi Analyst Offs., genovesigute corn .1-212-713 4016 Ryan Thackston Associate Analyst ryan Macaston@ubs corn .1412413 3321 4; fl $7 .' 7 a' ing

f possibilities. From October 13, 2003 through September 8, 2006 the percentage band criteria used in the rating system was 10%. Additional Prices: Bombardier Inc., C$5.87 (23 Mar 2010); Embraer, US$24.66 (23 Mar 2010); Source: UBS. All prices as of local market close. U6S 21 EFTA_R1_01519463 EFTA02443897

vestmentreseatch David E. Strauss Anato daed strainsktubs Qom .1-212.7136185 Cristina Fernandez Anaysl cnsmalemancleziNosoom •1.212.713 3321 Darryl Genovesi Asscoate Anatol darrytgenovesigubs corn •1.212.7134016 Tasneem Azim Assooate Anatest tasneemiazenVis corn .1416-814 3678 Chart 1: UBS Business