rs of the Lela investment beats se distribute CONFIDENTIAL — Our attires EWO recent tradig cenvnissons and other emperor:an Iran mutual funds end Murree compres whose products we astrtute. — We recent an ritual f ee than 1.85 Bank USA and LOS AG Slanted Bunch of solo f2Sper acccunt sweeping to the

g for technology development, training ad education. - Our affiliates also receive tadig commisseans and other compensal in front mvlual funds and Murree coo pries whose proulres we chrtrissee. - We Wen* compensation from Les Bark USA, LOBS AG Stanford Branch ad non-allifire4 barks through our cash

ll MBSS are Ma «age accunts nit 'soma access to bat nu serums and prodins tØ maximum UM /Mind bat awl other MS. party basks and pr.:vile:amass to Murree aim rues, onaleCtS istsed by unall ilottO thed tarty isran corms*, Haug', narres agency tubs/Ta es of uty mnaidal Snakes et trarearremt, macs and

02 IL 2097 40371 a. b6.0 all 661 101110/00 Ilr 14•6 001000 USX M. 039 100•Panee Arnim .79 19114 lien 67 ate 114tt COIN Cell To ergs Murree vat* Renee i a allg *Seg. in COA)2 RIM COW a Ourga Inure 11109 brim in MC 064•4. a 110) 990 9967 COAIT a IC 170 111604140 611111110 Me

istebtAion of anedy contracts and ins neestment trust units to our clients, we ander as affiliate retain ewnea dying reap attics. from miry of the Murree (orreries undernert the amity contracts, allhates of We irourece ccenpanies or spcosoes of the ant investinent trusts we drsidate. — Cur artistes

to dispel re averagedlot The 'Trate date' (yew presents the aghal transaction trade date. • Callable lacurkiela Bonds and referred clod that the Murree; for earl redemption wil be selected inpathalq by lot from arced animates of that ism held hour name or in nominee name for as clients Canteen Ham

all MBSS are Ma «age accunts nit 'soma access to bat nu serums and prodins tØ maximum UM /Mind bat awl other MS. party basks and prcvdn amass to Murree aim rues, onaleCtS istsed by unall ilottO thed tarty isran corms*, Haug, narres agency tubs/Ta es of uty mnaidal Snakes et trarearremt, macs and

JO Ofeatf age aateltS 4141PTCO/de access to bat ng services it s prcduas term* arergewnts wM affilated basks rd other panybaka and prides matt to Murree and amey pnXfaCtS isutd by urea* doted Medparty Canna carpal*, through mama agency 'teach es of MRS Fetblog Services ete mademidanaran:e. »dames*

ts, we ant/Cr err affiliate drew rowers chug cenfiensmicn from merry of the insurance con-pans urdenweing the annuity {overacts. all dates of the Murree coenpanies or sponsors of the on immanent trusts we donut, — Cur aff aisles also men tradig ccermosions and other comp/make' from meal lurch and i

and aflfluomlf acthos awed by unaltileed third-party tourece companies through insurance agency subsdianes of UBS Financial Services Inc. Moment Murree ad aruity products, Nat FDIC ended • No bank qua-anat. May lose wad RMA. Resource Marioarrent Acm nt, Business Services Account BSA. IRMA ad inton

nd woolen trot* 2/Thlrberlit wth ablated bat and other Ihniparty barns, and provides Jacinto Haase and antra Maas eased by unaffiliatedteed-party Murree conpanes through insurance agency subsdianes of PBS Financial Services Inc. lwasmerd, enwa-ce ad a-ruily products' Not FDIC instred • No bank guaa

to hurrays and amuty proicts issued by ukaffilialed bird-piny Munn'scompetes tva4i insurance agemy teak/win of LES Gherkin Sates Inc — emrstment. Murree, and arnuity welter — Not FDIC Mured• No bank guaranty May Me ate - IMA. Resarce Management Account, Busress Sautes Account ESA, IRMA and ritenati

lated bags and other thrd-party banks, and prom* access to nsurance and annu.Y130:1-03 issued by that edited thrd.pety insurance companies through Murree agency subsidiaries of UPS Financial Services yr. thestnum, riluranCe. ad amity products: Not FDIC ratted • Nobs* gammen May lose vale RhIA Resou

all MBSS are Ma «age accunts nit 'soma access to bat nu serums and prodins tØ maximum UM /Mind bat awl other MS. party basks and prcvdn amass to Murree aim rues, onaleCtS istsed by unall ilottO thed tarty isran corms*, Haug, narres agency tubs/Ta es of uty mnaidal Snakes et trarearremt, macs and

tres and among pocket issued by Loaf f hailed tin:Spiny hegira companies tercuiti instance agency al:seizes of USSFeuncid SICket Inc - hirearnent. Murree. and amity packing — Not FDIC estred• les bank guarantee. May lose vale — IMA. lean lianagennent Account. Blanes, Semite, Account BSA, IRMA and nt

which provide access to baring services and products through arrangements with affiliated banks and other thed.pany banks. end provides access to Murree and annuey products issued by unaffiliated mid-party nsuraree «monies recut insure«e agency subsidiaries of UBSFinancial Services ix. — hvestmint,

rce and away products issued by unaffiliated third-paity nsuurree amps-Ike trcutfi insurance agemyo_bsieiries of WS Financial anis Inc — hwerrent. Murree, and arnuity accbcir — Nut FDIC Mured• No bank guarantee* May lose vale - BMA. Reinke Management Account. Redress Senoras Account SSA, IRMA and ke

ents, we aria« or, affiliate receive ream shrng componsation from marry of the Murat companies urderweing the annuity {overacts. all fates of the Murree embanks or sponsors of the tint irnestinenl OOPS we «suture. — Cur affiliates alsoreceive trading camiesions and other compensation from anal finc