try Regulatory Authority and the New York Stock Exchange, and it is not a bank. Deposit Accounts are held by the respective Program Banks and not by Pershing or DBSI. Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. The Deposit Accounts established by Pe

s another bank is designated by DBSI) for the purpose of transmitting funds from the Program Banks through the Settlement Bank to Pershing, and from Pershing through the Settlement Bank to the accounts at the Program Banks. DBTCA is a corporate affiliate of DBSI. Withdrawals are deemed paid by a particul

on its behalf. DBSI assumes the responsibility and the risk of loss for any funds transfers of yours that have theretofore been delivered by you to Pershing until such time as the funds have been received In an account (the "Settlement Account") maintained by Pershing at a designated bank (the "Settlemen

s another bank is designated by DBSI) for the purpose of transmitting funds from the Program Banks through the Settlement Bank to Pershing, and from Pershing through the Settlement Bank to the accounts at the Program Banks. DBTCA is a corporate affiliate of DBSI. Withdrawals are deemed paid by a particul

try Regulatory Authority and the New York Stock Exchange, and it is not a bank. Deposit Accounts are held by the respective Program Banks and not by Pershing or DBSI. Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. The Deposit Accounts established by Pe

on its behalf. DBSI assumes the responsibility and the risk of loss for any funds transfers of yours that have theretofore been delivered by you to Pershing until such time as the funds have been received In an account (the "Settlement Account") maintained by Pershing at a designated bank (the "Settlemen

er of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent. Pershing LLC (Pershing). one or more of MSC's rights or obligations under this Agracmont without notice to Client. 2. Cash Account. 0651 will classify each Account as a ca

roperty on margin or otherwise, and (ii) any other instructions concerning Account(s). Client further understands that the contract between DOS! and Pershing. and the services rendered thereunder, are not io:ended to create a joint venture, partnership or other form of business organization of any kind.

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien, Pershing may, at any time and without prior notice, sell, transfer; release, exchange, settle or otherwise dispose of or deal with any or ell Margin Collater

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien. Pershing may, at any time and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

er of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LLC (Pershing), one or more of DBSI's rights or obligations under this Agreement without notice to Client. 2. Cash Account. DBSI will classify each Account as a c

. and the services rendered thereunder, are not intended to create a joint venture, partnership or other form of business organization of any kind. Pershing shall not be responsible or liable to Client for any acts or omissions of DBSI or its employees. Pershing does not provide investment advice, nor of

try Regulatory Authority and the New York Stock Exchange, and it is not a bank. Deposit Accounts are held by the respective Program Banks and not by Pershing or DBSI. Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. The Deposit Accounts established by Pe

on its behalf. DBSI assumes the responsibility and the risk of loss for any funds transfers of yours that have theretofore been delivered by you to Pershing until such time as the funds have been received In an account (the "Settlement Account") maintained by Pershing at a designated bank (the "Settlemen

s another bank is designated by DBSI) for the purpose of transmitting funds from the Program Banks through the Settlement Bank to Pershing, and from Pershing through the Settlement Bank to the accounts at the Program Banks. DBTCA is a corporate affiliate of DBSI. Withdrawals are deemed paid by a particul

isclosure which is incorporated hereto by reference. 2. Financing. Client understands that the margin transactions in the Account may be financed by Pershing or DBSI. 3. Interest and Costs. Client agrees to pay interest on all sums borrowed and other balances due and costs incurred by Deutsche Bank io ma

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien. Pershing may, at any time and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

ch Securities and Other Property in Client's Margin Account(s) for margin purposes as shell be required under Applicable Law or otherwise by OB51 er Pershing for any reason. Client may Ito required to oost, deposit or maintain additional collateral at any time. In °donjon to rho rights otherwise set fort

ectus or the bank deposit products disclosure document or contact your advisor for additional information. Please note the following information for Pershing's 2014 IRS Forms 1099 (a DIV, INT. O/D and 411SC): Your form 1099 will be delivered as early as possible, beginning January 31, 2015. By February 17,

d accounts will include Pershing's proprietary and employee accounts, as well as proprietary and employee accounts of introducing broker-dealers (if Pershing carves and clears those accounts). No allocation will be made to these proprietary and employee accounts until Page4 of 9 DKAO ROIL CONFIDENTIAL —

ty of any trading unit held by an account being selected as caled in a partial cal is proportional to the total number of trading units held through Pershing. Once the lottery is complete. Pershing notifies introducing broker-dealers whose introduced accounts have received an alocation. Securities registe

ations based on such instructions. 12. Role of Certain Tbird Parties. DBSI engages a third.Party ales ring agent, Perishing. Client understands that Pershing ie the custodian of Client's assets, clears and settles all transactions, and extends credit on any margin purchases. where applicable. Client furt

ch Securities and Other Property in Client's Margin Account(s) for margin purposes as shall be required under Applicable Law or otherwise by OBS! or Pershing for any reason. Client may be required to post, deposit or maintain aoditlanal ontlateral at any time. In addition to the rigthe othernise set birth

roperty on margin or otherwise, and (ii) any other instructions concerning Account(s). Client further understands that the contract between DBSI end Pershing. end the services rendered thereunder, are not intended to create a joint vendee, partnership, or other bun of business organization of any kied.Rer

ver of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LW (Pershing), one or more of DBSI's rights or obligations under this Agreement without notice to Client. 2. Cash Account. DBSI will classify each Accountas a ca

rshing (whether individually, jointly or otherwise) and shall secure any and all Obligations of each Joint Accountholder to D851 and its Athletes or Pershing. With respect fo the lien granted to OBSI and its Affiliates, OBSI (or Pershing, at 06S1's instruction) may, at any time and without prior notice,

. and the services rendered thereunder, are not intended to create a joint venture, partnership or other form of business organization of eny kind. Pershing shall not be responsible or liable to Client far any acts or omissions of DBSI or its employees. Pershing does not provide investment actvide, nor o

Obligations of each Jent Accountholder to DBSI and its Affiliates or Pershing. With respect to the lien granted to DBSI and its Affiliates, 13951(0r Pershing. at D8SI's instruction).may, at any time and without prior notice. sell, transfer, release, exehenge, settle or otherwise dispose of or deal with an

ty arising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. ORSI engages a.thkd-party Mooring apent Pershing. Chant understands that Pershing is the custodian of Client's assets, clears and settles al transactions, and eittends credit on any margin purchase

ver of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent including its clearing agent. Pershing LLC (Pershing), one or mtire of DBSI's rights or obligenons under this Agreement withoUt notice to Client. 2. Cash Account. DBSI will classify eech Amount as a ca

structions that appear to be third party asset movements, as well as first and third party journal Instructions for accounts that are custodied with Pershing. We may remove any standing instructions that have not been used in the past 36 months (except for Automated Clearing House (ACH) which does not exp

1776, Baltimore, MD 21203 Important Information and Disclosures (continued) January 1, 2019 - January 31,2019 SOUTHERN FINANCIAL LLC The Role of Pershing (continued) rights, including your rights under the Securities Investor Protection Act. • Your financial organization's contact information can be

Processed section of your statement for more details. 3 The cost basis of this security has been provided to us by you or your introducing firm and Pershing makes no representation as to the accuracy of this information. 11 Pershing has received updated cost basis information, therefore cost basis provid

er of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent. Pershing LLC (Pershing), one or more of DBSI's rights or obligations under this Agreement without notice to Client. 2. Cash Account. DBSI will classify each Account as a c

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien. Pershing may, at any time and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

, and the services rendered thereunder, are not intended to create a joint venture, partnership or other form of business organization of any kind. Pershing shall not be responsible or liable to Client for any acts or omissions of DBSI or its employees. Pershing does not provide investment advice. nor of

try Regulatory Authority and the New York Stock Exchange, and it is not a bank. Deposit Accounts are held by the respective Program Banks and not by Pershing or DBSI. Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. The Deposit Accounts established by Pe

on its behalf. DBSI assumes the responsibility and the risk of loss for any funds transfers of yours that have theretofore been delivered by you to Pershing until such time as the funds have been received In an account (the "Settlement Account') maintained by Pershing at a designated bank (the "Settlemen

s another bank is designated by DBSI) for the purpose of transmitting funds from the Program Banks through the Settlement Bank to Pershing, and from Pershing through the Settlement Bank to the accounts at the Program Banks. DBTCA is a corporate affiliate of 0BSI. Withdrawals are deemed paid by a particul

on its behalf. DBSI assumes the responsibility and the risk of loss for any funds transfers of yours that have theretofore been delivered by you to Pershing until such time as the funds have been received In an account (the "Settlement Account') maintained by Pershing at a designated bank (the "Settlemen

try Regulatory Authority and the New York Stock Exchange, and it is not a bank. Deposit Accounts are held by the respective Program Banks and not by Pershing or DBSI. Pershing acts as exclusive custodian and agent with respect to all transactions related to the IDP. The Deposit Accounts established by Pe

s another bank is designated by DBSI) for the purpose of transmitting funds from the Program Banks through the Settlement Bank to Pershing, and from Pershing through the Settlement Bank to the accounts at the Program Banks. DBTCA is a corporate affiliate of 0BSI. Withdrawals are deemed paid by a particul

ctus or the bank deposit product's disclosure document or contact your advisor for additional information. Please note the following information for Pershing's 2014 IRS Forms 1099 (8, DIV, INT, VD and MC): Your form 1099 will be delivered as early as possible, beginning January 31, 2015. By February 17, yo

M•. teen Mat Mae SDNY_GM_00048710 DI3-SONY-0011534 EFFA_00159319 EFTA01291064 Important Information and Disclosures (continued) The Role of Pershing (continued) institution. • Pershing is a member of the Securities Investor Protection Corporation (SIPC"). Please note that SIPC does not protect

ty of any trading unit held by an account being selected as caled in a partial cal is proportional to the total number of trading units held through Pershing. Once the lottery is complete. Pershing notifies introducing broker-dealers whose introduced accounts have received an alocation. Securities registe

er of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LLC (Pershing). one or more of ()BSI's rights or obligations under this Agreement without nodes to Client. 2. Cash Account. DOS! will classify each Accountas a ca

. and the services rendered thereunder, are not intended to create a joint venture, partnership or other form of business organization of any kind. Pershing shall not be responsible or liable to Client far any acts or omissions of D8SI or ifs employees. Pershing does not provide investment advice, nor of

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien, Pershing may, at any time and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

Report and such statements, the information contained in the statements shall govern. For account gaiMoss information, clients should refer to their Pershing statements. ASSET CLASSIFICATION The asset classifications described in this presentation will differ from the asset classification models used in

ill be deemed conclusive. You are advised to report any inaccuracy or discrepancy (including unauthorized trading), to your financial organtation and Pershing. within ten days after receipt of this statement. Please be advised that any oral communication should be re-confirmed in writing to further protect

•• • • • a re SAP< SDW_GM_00045531 DB-SONY-00083.5.5 EFTA_00156140 EFTA01288503 Important Information and Disclosures (continued) The Role of Pershing (continued) every possible circumstance, but as a general disclosure. If you have any questions regarding this notice or if you would like additiona

er of welt right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LLC (Pershing), one or more of DBSI's rights or oolightions under this Agreement without notice to Client. 2. Cash Account. OBSI will classify non Account as a ca

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien. Pershing may, at any time and without prior notice, sell, transfer, release, exchange, settle or otherwise dispose of or deal with any or all Margin Collater

arising from the execution of transactions based on such instructions. 12. Role of Certain Third Parties. DEMI engages a third-c any Mitering apent, Pershing. Client understands that Pershing is the custodian of Client's assets, clears and settles all transactions. and extends credit on any margin purchas

er of such right or any other right granted hereunder. DB51 retains the right to delegate to its agent, including its clearing agent. Pershing LLC (Pershing), one or more of DBSI's rights or obligations under this Agreement without notice to Client. 2. Cash Account. DBSI will classify each Account as a c

have the discretion to determine which Securities and Other Property to apply for the purposes of the foregoing. With respect to the Pershing Lien, Pershing may, at any time and without prior notice, sell, transfer; release, exchange, settle or otherwise dispose of or deal with any or all Margin Coirater

, and the services rendered thereunder, are not io:ended to create a joint venture, partnership or other form of business organization of any kind. Pershing shall not be responsible or liable to Client for any aots or omissions of DBSI or its employees. Pershing does not provide investment advice, nor of

ng (whether individually, jointly or otherwise) and shall secure any and all Obligations of each Joint Accountholder to DBSI and its Affiliates or Pershing. With respect to the lien granted to DBSI and its Affiliates, DBSI (or Pershing, at DBSI's instruction) may, at any time and without prior notice,

r of such right or any other right granted hereunder. DBSI retains the right to delegate to its agent, including its clearing agent, Pershing LLC (Pershing), one or more of DBSI's rights or obligations under this Agreement without notice to Client. 2. Cash Account. DBSI will classify each Account as a

and the services rendered thereunder, are not intended to create a joint venture, partnership or other form of business organization of any kind. Pershing shall not be responsible or liable to Client for any acts or omissions of DBSI or its employees. Pershing does not provide investment advice, nor o