Implementation vehicles as of 4/20/15 Asset class U.S. Large Cap Equity U.S. Small Cap Equity European Equity European Equity Japanese Equity Pacific ex-Japan Equity Emerging Markets Core Equity Vehicit MMOI WM U.S. Core Equity N/A ClearBridge Small Cap Growth Fund Invesco AIM European Growth Fund Deutsche X-trackers MSCI Europe Hedged Equity Fund DBEU Deutsche X-trackers MSCI Japan Hedged Equity Fund DBJP iShares MSCI Pacific ex-Japan Fund Parametric Emerging Market Fund SBPYX AEDYX EPP EIEMX Emerging Markets Asia Equity kwesco Asia Pacific Growth Fund ASNX Fixed Income Municipals Bonds High Yield Bonds Treasury Inflation Protected Securities Emerging Market Debt Cash Alternative Investments & ca Hedge WM Intermediate Fixed Income N/A BlackRock High Yield Fund BFIYIX BlackRock Inflation Protected Bond Fund MFS Emerging Market Debt Fund Deutsche Cash Management Fund Lighthouse Global Long/Short Fund LP (Directional) Prisma Spectrum Fund LP (Non-directional) Commodities Deutsche Enhanced Commodity Strategy BPRD( MEDIX BCSXX N/A N/A SKIRX O r Sources: Internal sources. 0) Implementation vehicles shown are as of 4/20/15 and are subject to change based on the discretion of the Regional Investment Committee, taking into account criteria discussed herein. The implementation vehicles are representative of the underlying investment vehicles of CIO Strategies, are intended to fulfill the asset allocation and are not being offered for direct purchase. The appropriate implementation vehicle for the cash allocation will be chosen based on the client's tax status. Deutsche Asset ;."nth Manaoen 5 CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0083468 CONFIDENTIAL SDNY_GM_00229652 EFTA01383687