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0167 (212) 272-2000 ACCOUNT tyacunvt RREENBERG.ALAN C. TELEPHONC (212)272.4605 01$11 OUR WF MITE

o CW. Sew. at $C043‘.420. Cot Pew.. r Put Siert SKY'S. Otn, Ov V.twu Gene Peet.ny s r.>"!4..A. Sst 1115 tummyIs etraratoncon air. It Pi ma wows Hamann:no -Ns Menial tea te nutmeat yea mores Ea rerun ow Mt fl aws ieolsown 021 102/01:09.11 031 V302 EFTA01322044 CLORLO laCitnr. nit nenOLLY C212

s of December 10, 2015. Subject to the poky orchids and Imitations, cash a the firm isfurther protected for up to 41.9 million h the agthegate For Alan accounts held in a pa-licubr canny. A f W ccpy of the poky wading is waddle won request. Th. SIPC protection indthtapplermntal protection both do

oses oterwise. Accounts hardened to tie Fern May reflect gar/ loss illtrinrdian only foe die period of time they are held *IN Fie More historical Hamann can be added by you' Financial Advisor. • UrroalInd garmilosees Mn data 6 aaailroti. *singed wreaked ainorlosses are cicilated kr indrv:L*seo.rH l

ram (COP) the pie reflected is an auras price. You may Mien the actual price bun yea inward Advece.Ony *hole shares re purchased under DRIP; trial Alain wit be soli ad the cash wd be deposited tryst account. The dekko] renvesunent puce applied by the ester may • efer loamthe mind price at which the

a otherwise. Accounts teardeered to the Fim may reflect gel-floss llama:sal only for the period ci tine they am held a the Pile, More historical Hamann <abbe xthd by you Friaxial Advisor. • Unthellnd gas/lose Yellen data ommated ten:Mired guinelown ore cactAand Ice seculy lots. The transadon data

g S292000 for dens kr cash) 11-e SIK asset protection kris copy to all accounts that you hold n a palkular capacity. The Fin together with certain Alan ha also purchased stpplarental protection. The madmen amount payable to al eligible clients, cobectert Eck( this protection is 5500 million as of

cr sponsor and may be calculated based on Steen information Iran hat used by mid parties to derive tar estimated values. - You can obtah adder:rut Hamann regarding the methodology used to determine the estimate of value ad te date of he i-krmationtha is the basis for lee est imata by contacting your

y way Cl gamma,* accuracy or validity of my blown/tan raga by SCUMS °Swam UBS &Waal SeNteS In Pam. althatigh U3S Modal Sena generally updates 'vs Malan as e 6 retested. to Pam does not prow:athy askraxes that the informs«, under 'Cost basis' and %Wreaked gait loss' is sane as of tie date of this s

tein:rid not protect against changes in the market value d yam inveSMItreS (whether as a recut of maket remanent incur barknacy or otherwise) More Hamann is available upon request You mit obtaei more information about SP( Midi-a the SIPC Etnxhure. by contacting SIPC at 202-371-8300 a by visiting the