1, JEFFREY E. EPSTEIN, of Little St. James Island, United States Virgin Islands, declare this to be my last will and testament. FIRST I hereby revoke all my prior wills and codicils. SECOND I give all my property to the Trustees of The Jeffrey E. Epstein 2001 Trust One created pursuant to an agreement dated November 8, 2001, by JEFFREY E. EPSTEIN, as Grantor, and JEFFREY E. EPSTEIN and JEFFREY A. SCHANTZ, as Trustees, to be added to the principal thereof and disposed of as provided thereunder. THIRD (a) I appoint JEFFREY A. SCHANTZ and PAUL HOFFMAN as Executors of this will. (b) I authorize JEFFREY A. SCHANTZ to designate one or more additional or successor Executors. Designations shall be in writing and may be revoked in writing by the maker thereof at any time prior to the qualification of the person so designated. I authorize JEFFREY A. SCHANTZ to remove any Executor acting hereunder by a written and acknowledged instrument. (c) Any reference in this will to my Executors shall include additional and successor Executors. (d) No one acting hereunder as Executor shall be required to (i) furnish any bond. undertaking or other security in any jurisdiction, (ii) file periodic reports in or to any court or (iii) give notice of appointment as Trustee to any court. Each Trustee acting hereunder is specifically relieved from any and all of the duties which (00172266-1) GJ_000 1 03 EFTA00016841

would otherwise be placed upon him by Chapter 59 of Title 15 of the Virgin Islands Code. (e) Each Executor acting hereunder shall be entitled to receive the sum of One Hundred Thousand Dollars ($100,000) as compensation for such services. FOURTH Unless the context otherwise requires, the use in this will of the masculine and feminine shall be interchangeable, and the use of the singular and plural shall be interchangeable. FIFTH In extension and not in limitation of the powers and authority which my Executors would otherwise have pursuant to law or pursuant to the other provisions of this will, I direct that they have the following discretionary powers: (a) To retain for as long a period of time as they may consider advisable or proper any property of any kind which may at any time be in their hands. (b) To sell at public or private sale or to exchange any property which I may own at the time of my death or which may at any time be in their hands, without application to court, on any terms they may consider advisable or proper, including terms involving an extension of credit for any period of time and with or without security. (c) To invest in or otherwise acquire any property, real or personal, of any kind, without limitation, without being bound by any provision of law restricting investments by executors, including but not limited to common and preferred stocks, secured and unsecured obligations, mutual and common funds, other securities, mortgages, and interests and options in any of the foregoing. (00172266-Ij 2 G1_000104 EFTA00016842

(d) To acquire and retain property without regard to any principles of diversification. (e) To permit funds to remain uninvested, and to retain for an unlimited period of time and to acquire and retain property which is not productive of income. (0 To acquire, exercise, sell or abandon conversion, subscription and other rights and options, and to grant options for any period of time. (g) To hold securities in the names of nominees or in such form as to pass by delivery. (h) To pay any gift or bequest in whole or in part at any time after my death, either before or after the expiration of any period authorized or provided by law for the payment of same and without deducting any discount or interest from a gift or bequest paid prior to such time or paying interest on a gift or bequest paid after such time. (i) To employ attorneys, accountants, investment advisers, security analysts, brokers. agents, clerks, bookkeepers, stenographers and assistants, and to pay on a regular basis the fair and reasonable value of their services, and in connection with this power an Executor who is an attorney, an accountant or a broker or any firm of attorneys, accountants or brokers of which an Executor is a partner or employee may be retained on behalf of my estate and compensated for services rendered. (j) To borrow money for any purpose, including, but not limited to, the payment of taxes, and to pledge or mortgage property as security for money borrowed. 100172266-li 3 G.1 000105 EFTA00016843

(k) To lend money or other property to any person, corporation, partnership, trust or other entity, including a beneficiary hereunder even if such beneficiary is an Executor, this power to include the power to lend, without interest, income to or for the benefit of principal and principal to or for the benefit of income. (I) To pay any gift or bequest and to distribute income or principal in cash or in kind or partly in each. Such payments and distributions may be made to any legatee or beneficiary with property that is like or different from property used to pay any other gift or bequest or make any other distribution to any other legatee or beneficiary. The value of any property distributed in kind shall not be reduced to reflect any expenses or taxes that may be incurred by the recipient in or as a result of a disposition of such property. The decision of my Executors with respect to the property selected to pay any gift or bequest or make any distribution shall be conclusive and no recipient shall have the right to object thereto. (m) To determine, in case of reasonable doubt on their part, whether any property coming into their hands constitutes income or principal, and whether any payment or expenditure made by them shall be charged to income or to principal. (n) To operate, repair, alter and improve any real property which they may hold or in which they may hold an interest or participation; to erect or demolish buildings thereon; to enter into leases for such real property or any part thereof or any interest or participation therein for any period of time; to mortgage such real property or any part thereof or any interest or participation therein for any period of time; to grant options with respect to such real property, mortgages and leases or any interest or participation therein for any period of time; to perform, modify, waive provisions of, 100172266-II 4 G.1_000106 EFTA00016844

extend, renew, terminate or otherwise act in respect of any such leases, mortgages or options; to cause such real property or any interest or participation therein or any part thereof and themselves to be insured against any and all risks; to retain an agent or agents for any of the foregoing purposes; to set up a reserve or reserves for depreciation and/or obsolescence, and to do or omit to do anything of any kind or nature with respect to any such real property or any part thereof or any interest or participation therein or any lease or mortgage thereon or option with respect thereto and the management thereof which they may in their discretion consider advisable, whether or not such act or omission is hereinabove specifically mentioned, without being bound by restrictions which might otherwise be applicable and without court approval. (o) To retain any interest in, to invest in and to become a member of, any real estate partnership or joint venture, to comply with all the terms and provisions of every real estate partnership and joint venture relating to any investment at any time held by them, to succeed me as a member of any such partnership or joint venture, and to vote, execute consents, exercise all rights and take such other action with respect to any real estate partnership or joint venture as they, in their discretion, deem advisable. (p) To retain any interest in oil, gas or mineral leases; to contract to make and make, execute and deliver oil, gas or mineral leases, on such terms and with such reservations of royalties or interests as they may deem proper; to amend ratify and confirm any and all oil, gas or mineral leases made by me or by them; to sell and convey any interest in oil, gas or other minerals; and to execute division orders relating to any such interest and to the oil, gas or other minerals produced therefrom. [00172266-II 5 GJ 000107 EFTA00016845

(q) To become or continue to be an officer, director or employee of any corporation, stock of which may be owned by my estate and as such officer, director or employee to receive a salary, bonus or other compensation in reasonable amount for services rendered to said corporation. (r) To determine whether to claim any deduction available to me or my estate on estate tax or on income tax returns in such manner as they may deem advisable and without making any adjustment between income and principal or among beneficiaries on account of any such determination. (s) If more than one Executor is acting, to delegate to any one of my Executors any nondiscretionary power, including but not limited to the power, singly or with others, to sign checks, withdrawal slips, instructions for the receipt or delivery of securities or other property, and instructions for the payment or receipt of money, and the power. singly or with others, to have access to any safe deposit box or other place where property of my estate is deposited. (t) To transfer any property which they may at any time hold to any jurisdiction which they may deem advisable. (u) My Executors shall continue to have all the powers herein vested in them until the final distribution of all property in their hands. SIXTH If any beneficiary under The Jeffrey E. Epstein 2001 Trust One ("the trust") shall in any way directly or indirectly (a) contest or object to the probate of my will or to the validity of any disposition or provision of my will or of the trust or (b) institute or prosecute, or be in any way directly or indirectly instrumental in the institution or prosecution of, any action, proceeding, contest, objection or claim for the (00172266-I) 6 GJ 000108 EFTA00016846

purpose of setting aside or invalidating my will or the trust or any disposition therein or provision thereof, then I direct that (a) any and all provisions in the trust for such beneficiary and his issue in any degree shall be null and void and (b) my estate, whether passing under my will or the trust or pursuant to the laws of intestacy, shall be disposed of as if such beneficiary and his issue in any degree had all failed to survive me. IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my seal to this my Last Will and Testament, consisting of typewritten pages, on all of which I signed my name for greater security and identification, at <> 11--0-n-Pre-d , U.S. Virgin n. Islands on the j / day of December, 2001. (L.S.) JEFFREY E SIGNED, SEALED, PUBLISHED and DECLARED by JEFFREY E. EPSTEIN, as and for his Last Will and Testament in our presence; and we thereupon, at his request and in his presence. and in the presence of each other, have hereunto subscribed our names as attesting witnesse d our respective places of residence on the day of its execution. residing at IcLxvx.e- doz-zo-rt- residing at residing at >t- nun, .4 g / Titv, 4 S i V r - AK [00172266-1] 7 GJ_000 1 09 EFTA00016847

SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and etc, le g. is fa ', i t, 3-#4 4 "'lel?' di-441nel and /94, An," 4/y „ ;Witnesses, the t day of December, 2001. Before me, the undersigned authority, on this day personally appeared JEFFREY E. EPSTEIN, Testator, and etc lie g. 177,4 re !it, 1 0 if re el n a -, and dot esh ne lir y ale , respectively, whose names are subscribed to the foregoing instrument in their respective capacities, and all of said persons being by me duly sworn, the said Testator declared to me and to the said witnesses, in my presence, that the said instrument is his LAST WILL AND TESTAMENT and that he has willingly made and executed it as his free act and deed for the purposes therein expressed; and that the said witnesses, each on his oath, stated to me in the presence and hearing of said Testator that the said Testator had declared to them that the said instrument is his LAST WILL AND TESTAMENT, and that he executed the same as such and wanted each of them to sign it as a witness; and upon their oaths, each witness further stated that they did sign the same as witnesses in the presence of the said Testator and at his request; and that said Testator was at the time eighteen years of age or over and of sound mind; and that each of said witnesses was then at least eighteen years of age. SUBSCRIBED AND AND SWORN TO before me by the said JEFFREY E. EVSTEIN, Testator, and Lt ec, le A, de , ofe nn and Oa, 11 el, Lily de n , witnesses, the //al day of December, 2001. 9 7 2s ,raZra-j Notary Public } Barbara Mignon Weatherly Notary Commission No. LNP-027-00 Commission Expires November 21, 2004 (00172266.1) 8 G1_000110 EFTA00016848

FIRST CODICIL to LAST WILL AND TESTAMENT of JEFFREY E. EPSTEIN CO 000111 EFTA00016849

I, JEFFREY E. EPSTEIN, of Little St. James Island, United States Virgin Islands, having made my last will and testament dated December 11, 2001, declare this to be a first codicil thereto. FIRST I hereby delete Article THIRD of my will and substitute in its place the following new Article THIRD: "(a) I appoint HENRY JARECKI and JAMES CAYNE as Executors of this will. If either HENRY JARECKI or JAMES CAYNE fails to qualify or ceases for any reason to act as Executor, I hereby designate PAUL HOFFMAN as successor Executor to act in his place. (b) Any reference in this will to my Executors shall include successor Executors. (c) No one acting as Executor shall be required to (i) furnish any bond, undertaking or other security in any jurisdiction, (ii) file periodic reports in or to any court or (iii) give notice of appointment as Trustee to any court. Each Trustee acting hereunder is specifically relieved from any and all of the duties which would otherwise be placed upon him by Chapter 59 of Title 15 of the Virgin Islands Code. (d) Each Executor acting hereunder shall be entitled to receive the sum of One Hundred Thousand Dollars ($100,000) as compensation for such services." 316766.1 GJ_000112 EFTA00016850

SECOND In all other respects I ratify and republish my said last will and testament. IN WITNESS WHEREOF, I have hereunto subscribed my name and affixed my seal to this my first codicil to my Last Will and Testament, consisting of t —typewritten pages, on all of which I signed my name for greater security and identification, at U.S. Virgin Islands on the 2- 1 day of J , 2003. (L.S.) JEF SIGNED, SEALED, PUBLISHED and DECLARED by JEFFREY E. EPSTEIN, as and for a first codicil to his Last Will and Testament in our presence; and we thereupon, at his request and in his presence, and in the presence of each other, have hereunto subscribed our names as attesting witnesses and our respective places of residence on the day of its execution. Thicei-11•?-, WALL kr- WieladL- Ar‘_L, TER/in 4.4ri. IR 0,2„u 91 .45.74-)“. 316766.1 Sr .ThavtAs, vir ro9Doz. 5r Thom As Osyl 2 77%0 /71Q.3 Cisvi G.1_000113 EFTA00016851

SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and,DANNt WALLPCZ , and 7TheimiNg 4. Row , witnesses, the .2Y__ day of 2003. Before me, the undersigned authority, on this day personally appeared JEFFREY E. EPSTEIN, Testator, and atlel-Ne. DJALLAC.E -Asey-maths- • Rao/ and -Itonne_ laienr.an respectively, whose names are subscribed to the foregoing instrument in their respective capacities, and all of said persons being by me duly sworn, the said Testator declared to me and to the said witnesses, in my presence, that the said instrument is a first codicil to his LAST WILL AND TESTAMENT and that he has willingly made and executed it as his free act and deed for the purposes therein expressed; and that the said witnesses, each on his oath, stated to me in the presence and hearing of said Testator that the said Testator had declared to them that the said instrument is a first codicil to his LAST WILL AND TESTAMENT, and that he executed the same as such and wanted each of them to sign it as a witness; and upon their oaths, each witness further stated that they did sign the same as witnesses in the presence of the said Testator and at his request; and that said Testator was at the time eighteen years of age or over and of sound mind; and that each of said witnesses was then at least eighteen years of age. 316766.1 3 GJ_000114 EFTA00016852

SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and 194/Ane tia Hal, , Tern') 4 in .e R. 466744, and Tenn e ere,,,, 44, witnesses, the ,27deday of Q-uo.te , 2003. Barbara Mignon Weatherly Notary Commission No. LNP-027-00 Commission Expires November21,2004 316766.1 4 G.1_000115 EFTA00016853

I, JEFFREY E. EPSTEIN, of Little St. James Island, United States Virgin Islands, having made my last will and testament dated December 11, 2001 and a first codicil thereto dated June 27, 2003, declare this to be a second codicil thereto. FIRST I hereby delete paragraph (a) of Article THIRD of my will and substitute in its place the following new paragraph (a) of Article THIRD: "I appoint HENRY JARECKI, JAMES CAYNE and LAWRENCE NEWMAN as Executors of this will. If HENRY JARECKI, JAMES CAYNE or LAWRENCE NEWMAN fails to qualify or ceases for any reason to act as Executor, I hereby designate PAUL HOFFMAN as successor Executor to act in his place." SECOND In all other respects I ratify and republish my said last will and testament and the first codicil thereto. IN WITNESS WHEREOF, I have hereunto subscribed my name to this my second codicil to my Last Will and Testament on ther'd of he ce,, 4, 358376.1 , 2004. G.1_000116 EFTA00016854

SIGNED, SEALED, PUBLISHED and DECLARED by JEFFREY E. EPSTEIN, as and for a second codicil to his Last Will and Testament in our presence; and we thereupon, at his request and in his presence, and in the presence of each other, have hereunto subscribed our names as attesting witnesses and our respective places of residence on the day of its execution. L--;\! 13-; 0 70 35 tyeLea-s4-4"..ter. I SL.C4c.c7sset,,,. cra Asi., le, 77; y le? Jc. SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and onmetv Avot 4,Ae,vce 4/eanns , witnesses, the 3' day of De cent.- , 2004. 358376.1 LAUREN J. KWINTNER Notary Public, State of New York No. 02KW6016686 Qualified in New York County Commission Expires November 30, 20 GJ 000117 EFTA00016855

Before me, the undersigned authority, on this day personally appeared JEFFREY E. EPSTEIN, Testator, and li4mew K. /4'67X 4•' „el .041 tettliC CV 4.1 /-74 /V and respectively, whose names are subscribed to the foregoing instrument in their respective capacities, and all of said persons being by me duly sworn, the said Testator declared to me and to the said witnesses, in my presence, that the said instrument is a second codicil to his Last Will and Testament and that he has willingly made and executed it as his free act and deed for the purposes therein expressed; and that the said witnesses, each on his oath, stated to me in the presence and hearing of said Testator that the said Testator had declared to them that the said instrument is a second codicil to his Last Will and Testament, and that he executed the same as such and wanted each of them to sign it as a witness; and upon their oaths, each witness further stated that they did sign the same as witnesses in the presence of the said Testator and at his request; and that said Testator was at the time eighteen years of age or over and of sound mind; and that each of said witnesses was then at least eighteen years of age. Testator h GA )ce . e wt. t •-• SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and o444c# H. /MD We i f.,,4 4.4 ea,eO.1C4- APeo.mm 4, and , wit e ..5'cl day d e 2004. 358176.1 Notary P LAUREN J. KWINTNER Notary Public, State of New York No. 02KW6016686 Qualified in New York County„ , o Commission Expires November 30-ttvusu EFTA00016856

I, JEFFREY E. EPSTEIN, of Little St. James Island, United States Virgin Islands, having made my last will and testament dated December 11, 2001, a first codicil thereto dated June 27, 2003, and a second codicil thereto dated December 3, 2004, declare this to be a third codicil thereto. FIRST I hereby delete paragraph (a) of Article THIRD of my will and substitute in its place the following new paragraph (a) of Article THIRD: "I appoint HENRY JARECKI, JAMES CAYNE and. LAWRENCE NEWMAN as Executors of this will. If HENRY JARECKI, JAMES CAYNE or LAWRENCE NEWMAN fails to qualify or ceases for any reason to act as Executor, I hereby designate DARREN K. INDYKE as successor Executor to act in his place." SECOND I hereby delete paragraph (d) of Article THIRD of my will and substitute in its place the following new paragraph (d) of Article THIRD: "(d) Each Executor acting hereunder shall be entitled to receive the sum of Two Hundred Fifty Thousand Dollars ($250,000) as compensation for such services." 360075.) G.1_000119 EFTA00016857

11-111CD In all other respects I ratify and republish my said last will and testament and the first codicil and second codicils thereto. IN WITNESS WHEREOF, I have hereunto subscribed my name to this my third codicil to my Last Will and Testament on the /6 "'day of jec , 2004. SIGNED, SEALED, PUBLISHED and DECLARED by JEFFREY E. EPSTEIN, as and for a third codicil to his Last Will and Testament in our presence; and we thereupon, at his request and in his presence, and in the presence of each other, have hereunto subscribed our names as attesting witnesses and our respective places of residence on the day of its execution. \IL 0.7:1 "tt 4 2C-4-40—An er-r, 360075.1 2 v‘0 c t, A 'ry O-7039 GJ_000 1 20 EFTA00016858

e ore me, e un ersigne , on JEFFREY E. EPSTEIN, Testator, MA'ReA) a. himyte and 4,04Gyce-- wekm-mv , respectively, whose names are subscribed to the foregoing instrument in their respective capacities, and all of said persons being by me duly sworn, the said Testator declared to me and to the said witnesses, in my presence, that the said instrument is a third codicil to his Last Will and Testament and that he has willingly made and executed it as his free act and deed for the purposes therein expressed; and that the said witnesses, each on his oath, stated to me in the presence and hearing of said Testator that the said Testator had declared to them that the said instrument is a third codicil to his Last Will and Testament, and that he executed the same as such and wanted each of them to sign it as a witness; and upon their oaths, each witness further stated that they did sign the same as witnesses in the presence of the said Testator and at his request; and that said Testator was at the time eighteen years of age or over and of sound mind; and that each of said witnesses was then at least eighteen years of age. SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and hen .1,-,dxice and LGwve cc ketwoon, witnesses, the Ito day of 104 Notary P 360075.1 LAU EN J. KWI','NER Notary ublic, State of New York o. Yo Yo 66 86 Qualified in 2New rk County Commission Expires November 30, 20 ( GJ_000121 EFTA00016859

Third Codicil to JEFFREY E. EPSTEIN LAWRENCE NEWMAN, ESQ. NEW YORK. NY 1O019-67O8 TELEPHONE EFTA00016860

I, JEFFREY E. EPSTEIN, of Little St. James Island, United States Virgin Islands, having made my last will and testament dated December I I, 2001, a first codicil thereto dated June 27, 2003, a second codicil thereto dated December 3, 2004, a third codicil thereto dated December 16, 2004, and a fourth codicil thereto dated September 5, 2007, declare this to be a fifth codicil thereto. FIRST I hereby delete paragraphs (b) (c) and (d) of Article THIRD of my will and substitute in its place the following new paragraphs (b) (c) and (d) of Article THIRD: "(b) Any reference in this will to my Executors shall include additional and successor Executors. (c) No one acting hereunder as Executor shall be required to (i) furnish any bond, undertaking or other security in any jurisdiction, (ii) file periodic reports in or to any court or (iii) give notice of appointment as Trustee to any court. Each Trustee acting hereunder is specifically relieved from any and all of the duties which would otherwise be placed upon him by Chapter 59 of Title 15 of the Virgin Islands Code. 509420.1 GJ_000 1 23 EFTA00016861

(d) Each Executor acting hereunder shall be entitled to receive the sum of Five Hundred Thousand Dollars ($500,000) as compensation for such services." SECOND In all other respects I ratify and republish my said last will and testament and the first codicil, second, third and fourth codicils thereto. IN WITNESS WHEREOF, I have hereunto subscribed my name to this my fifth codicil to my Last Will and Testament on then/Clay of -cefi , 2007. (L.S.) JE IN SIGNED, SEALED, PUBLISHED and DECLARED by JEFFREY E. EPSTEIN, as and for a fifth codicil to his Last Will and Testament in our presence; and we thereupon, at his request and in his presence, and in the presence of each other, have hereunto subscribed our names as attesting witnesses and our r spective places of residence on the day of its execution. / 509420.1 Li , S it) A, Kir tics? ' dal '', 2 e .7 7; /Al //of° 2 GL000124 EFTA00016862

SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and DA gem K. bvo yfre and L £o C nit e weiehr,44; witnesses, the .2c tc day of .r.g/, /coact, , 2007. 509420.1 3 ota UREN J. KWINTNER N ary Public, State of New York No. 02KW6016686 Qualified in New York County ,,— ommission Expires November 30, 20 GJ 000125 EFTA00016863

Sreare die SoAK enewry ap New. ypszle Before me, the undersigned authority, on this day personally appeared JEFFREY E. EPSTEIN, Testator, DAdse tit/ K. /Noyiee and 4 4 wk. EA/Ce ,v4-• &AMA/ , respectively, whose names are subscribed to the foregoing instrument in their respective capacities, and all of said persons being by me duly sworn, the said Testator declared to me and to the said witnesses, in my presence, that the said instrument is a fourth codicil to his Last Will and Testament and that he has willingly made and executed it as his free act and deed for the purposes therein expressed; and that the said witnesses, each on his oath, stated to me in the presence and hearing of said Testator that the said Testator had declared to them that the said instrument is a fourth codicil to his Last Will and Testament, and that he executed the same as such and wanted each of them to sign it as a witness; and upon their oaths, each witness further stated that they did sign the same as witnesses in the presence of the said Testator and at his request; and that said Testator was at the time eighteen years of age or over and of sound mind; and that each of said witnesses was then at least eighteen years of age. eramaraii•c-r2 SUBSCRIBED AND SWORN TO before me by the said JEFFREY E. EPSTEIN, Testator, and 44,4efew Minya and LA 4 A is A/c6- Alf 40H0444 witnesses, the .to it day of J ;Cider- 07. 509020.1 Notary UREN J. KWINTNER ry Public, State of New York No. 02KW6016686 Qualified in New York County Commission Expires November 30, 20 IQ GJ 000126 EFTA00016864