0 10.000,000 10,000.000 0 Narrows (Collateral) DEGAS. EDGAR Danseuses 11.000.000 20.000.000 9.000,000 9,000.000 0 Narrows (Collateral) MANET. EDOUARD Huitres 6,000.000 15,000.000 9.000,000 9,000.000 0 Promised SERRA. RICHARD Torqued Ellipse IV [LDB owns 50% of this work. The appr

WS REMBRANDT VAN RUN Group of six prints including the Six Portrait. 100 Gu 9254.375 8.500.000 8.500.000 (754.375) (38.862.863). 100% NARROWS MANET, EDOUARD La posada (The tavern or Before the Corrida) 2,994,063 ' . 2.250.000 2,250,000 (744,063) (39.600925) 100%. NARROWS . KLEE. PAUL U

LIZED GAIN (LOSS) CUMULATIVE GROSS UNREALIZED GAIN (LOSS) INCREMENTAL (PL EDGED) GIFT. NAME OF OWNERS DONEE HIP % INSTITUTION NARROWS • MANET, EDOUARD Portrait de Berme klorlsot 25.226.302 15,000,000 15,000.000 (10.226.302): (10226.302) 100% NARROWS SMITH. DAVID Cubi II 25.770,00

NSKY. VASSILY Above and Left• 1925 Signed with monogram and dated 25 lower left Oil on board 27 1/2 x 19 % inches 6,000,000 6,000,000 4GX7T MANET. EDOUARD Hares' Circa 1876 Signed with the initial M lower right Oil on canvas 15 x 18 % inches 6.000.000 6,000,000 4GX7X Iwo-Piece Hechning

20,000,000 20,000,000 100% 323DP PICASSO, PABLO Buste de femme 1907 Oil on canvas 28'% x 23'/. inches 18,000,000 18.000.000 100% 3XJHN MANET. EDOUARD Portrait de Berthe Morisot 1874 Oil on canvas 24 x 19'% inches 15.000,000 15.000.000 100% 4GWYN Page 1 of 54 EFTA_R1_02138423 EFT