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may nee leant you cost bass • Resticled severities. Antrkted segrikes recall( av not and, eligble for public sale. Le3S Financial Seines use, the Markel rite d the unrestricted stock of the same eater as an fl uted value la the restricted stock for purposes of the sidemen' onk To the indent that re
nvestments and structured products. Private nvestrant salsifies inclArg Oral participation program and real estate interment cut warned and gnawed Freda are 9a-vgalV Email Orlin strudved prodaces have not been registered with the Securities and Exchange Cambia a alder iffy sae secuncies laws. We p
funds Money market tuna se neither Insured rot ()Wanted ty the federal Deposit Insurance corporation or any other so.etnrrtnt agency. Although money Markel funds seek to cresene tne value ce your inbtstrnent at 51.00 per share, it is possible lo lone money by I 'westing in these funds roret reinvested
ments and structured products. Private nvestmere securities (ricLidrg died participation program and real estate investment hat warn in) and ***US Freda are genetelV hghy ilictikl. Orlin strudved marts have not been registered with tie Securities and Exchange Comforter) or Lender Wy sale secunties
funds Money market funds one neither insured for guaranteed Di the Feder& Deposit insuraue Corporation °ray other government agency. Although money Markel funds seek to preserve the value ol your Investment at Si DO per share. it is poditee 10 lose money by infesting in these funds. Tatar reinvested d
alm orates webs.. It ts a customizable inderiamo• chosen by you to ass you wth You reaccbtered n la no bga effect on sour arours You can dove you Freda/ft XONSIt manes. through Woe Senors a byeatacuns)1V f arca karat Amman overview • Vette/sou 4count/taloa Na a asset and liab • Asset Ingots seal
Weber Average pea of shares per share (S) Client investment Your II nandal Advisor: SCOTT STACK MAMLYLE CASRIEL intent agency. Although money Markel tuna seek to rreserve the value of your investment at Sit° per Voreeizeef (taxIg am or loss Is the dffe fen« between the current value and the cost
e sewilies induded n thus Fawner wen ndLited web the number -1.' UBS Financial Swooshes meted on alternation obtained from sources other than Its Freda %VCRS. ()COSI 11100113(10t1 if Cal awes fir or slat you may brie provided ID your erica Mvoa The Finn does not erondonta 'irk Or gurantre the anra
. n eau-Una with EX nibs • Ma/valuil anCesdapltand ta Wadies ardOtha produces maybe hidbr a Inver them to pia that you would email, recite in the Markel ides are Obtaned from vakas rod polysources next webaneto te relate but we do not garotte ea' amoacy - Wo wetly mo to ckongprge whin *rabble et Pe
you You ae renordble to orders lha re executed doe to your naive to anal eating open am Tate witheldip on Anrbutions ban UK Pinata,' Stakes IRAs Freda tar taw mores LESS Filarial Servos to wihhold sauna to sae PA dialer cen but you may fact rant Phan incise sax ,d ower or inroad, you may hereto
Entities connected to both Markel and Freda

Jeffrey Epstein
PERSON
Ghislaine Maxwell
PERSON
NEW YORK NY
LOCATION
George W. Bush
PERSON
Vicky Ward
PERSON
Condoleezza Rice
PERSON
Joi Ito
PERSON
Mao Zedong
PERSONDoug Band
PERSON
Stanford University
LOCATION
United States
LOCATIONRussell 3000
ORGANIZATION
JPMorgan Chase
ORGANIZATION
UBS AG
ORGANIZATIONMaria Farmer
PERSONLOS AG
ORGANIZATIONMSC - Europe
ORGANIZATION
U.S. Treasury
ORGANIZATION
Marc Rich
PERSONSCOTT STACK
ORGANIZATION