indudedin the openrg and closing balances value. FDIC insurance apples to deposits at UBS Bank USA and al banks pankipating in the UBS FDIC Insured Deposit Rogan. t des not apply to deposits at UBS AG, Stafford &arch. SIPC protection apples to money market sweep fund holdings but not ban) deposits. Stern/port

cludedin the opening and elating bdances yaw. FDIC insurance applies to deposits at UBS Bank USA and at banks pankipati nig in the UBS FDIC insured Deposit Rogan. 4 des not apety to deposits at UBS AG, Stanford Brarch. SIPC protection applies to money market sweep fund headings but rot bad deposits. See/mace:

Op= ae tndudid in Ws operirg and (burg Niamey FS u• FDIC 'mutant,. apron todeposit al 110.5 Rant USA and al brats pry eipaing in the UBS FCC Willed Deposit Rogan. II wes nor aXty 10 deposes a, UBS AG, steroid wanth a B &POWS taxed through the uBS international Depose Account Drograir. SIPCMOtecticio applies to

icea fi inducbd in tlw organ; and /Wing balances ad us FDIC insurance apron to dryads at US$ Sant USA and all banks partcpaang n the UBS FDIC Mused Deposit Rogan. IT does not apply 10 deposits at UBS AG. Stanford Parch SEC wanton arches to money market sweep fund Isoldinds but rot banA reports. See Irepolant

and conwodity option contracts, and • Deposit aerates (except certificates S dictie at UBS Bra USA. UBS AG U S. arches rid bade 6 the FDIC hived Deposit Rogan. The SIPC protection and the soplemental wanton do not apply to those assets oven if they otherwise appear on yes statements The WC protection and