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se. Page 3 of 4 CONFI DENTIAL UBSTERFtAMAR00004122 EFTA00239454 FOR EXISTING INVESTOR USE ONLY Disclosure Statement under Rule 506(d) UBS AG (Parent Company) 12. Date of Action: May 20, 2015 Brought By: U.S. Department of Justice (D01), the Board of Governors of the Federal Reserve, Connecticut Departm
cation of ongoing expenses related to such utilization in accordance with Millennium's expense allocation policies as in effect from time to time. Related-Party Transactions and Other Accounts; Conflicts Conflicts of interest among the Fund (and investors in the Feeder Funds), Millennium and Millennium's principals may
se. "\.1.172-8-1-8 1 7-M A X ‘,/Wht. Page 3 of 4 CONFIDENTIAL UBSTERRAMAR00002515 EFTA00238071 Disclosure Statement under Rule 506(d) UBS AG (Parent Company) 12. Date of Action: May 20, 2015 Brought By: U.S. Department of Justice (D01), the Board of Governors of the Federal Reserve, Connecticut Departm
l be allocated among the Fund and such other recipients of the services or the other applicable parties that receive the benefit of such services. Related-Party Transactions; Conflicts Conflicts of interest among the Fund (and investors in the Feeder Funds), Millennium and Millennium's principals may and do exist, which
s person license. - rvi-A ><WVE L L Page 3 of 4 CONFIDENTIAL UBSTERRAMAR00001462 EFTA00237108 Disclosure Statement under Rule 506(d) UBS AG (Parent Company) 12. Date of Action: May 20, 2015 Brought By: U.S. Department of Justice (D01), the Board of Governors of the Federal Reserve, Connecticut Departm
l be allocated among the Fund and such other recipients of the services or the other applicable parties that receive the benefit of such services. Related-Party Transactions; Conflicts Conflicts of interest among the Fund (and investors in the Feeder Funds), Millennium and Millennium's principals may and do exist, which
Entities connected to both Parent Company and Related-Party Transactions

Federal Reserve
ORGANIZATION
United States
LOCATION
Department of Justice
ORGANIZATION
UBS AG
ORGANIZATION
New York
LOCATION
New Hampshire
LOCATIONErnst & Young LLP
ORGANIZATIONCayman
LOCATION
New York State
LOCATION
Millennium
ORGANIZATION
Internal Revenue Service
ORGANIZATIONthe U.S. Department of Labor
ORGANIZATIONUBS Securities LLC
ORGANIZATIONBack Taxes Payment
ORGANIZATIONThe Ohio Division of Securities
ORGANIZATIONBrought
ORGANIZATIONGeneral State of NY
ORGANIZATIONCease & Desist
ORGANIZATIONCivil Penalty
ORGANIZATIONthe North American Securities Administrators Association
ORGANIZATION