RROWS HOLDINGS LLC - Art to be contributed to AP Narrows LP - 2.4.16 Item ID Artist Title or Description Appraised Value* 5C4R7 PICASSO. PABLO Paysage 3.500.000 6D7PX PICASSO. PABLO Tete moustachue 5.000.000 3Z6Y5 PRUD'HON. PIERRE-PAUL Portrait de Madame Peen de Saint-Gilles 700.000 3Z3DZ

39.999.806 100%. NARROWS GORKY, ARSHILE Study for Agony 3,000.000 4,000.000 4,000.000 1000.000 40.999.806 100%. NARROWS PICASSO. PABLO Paysage 2.500,000 3.500.000 3.500.000 1.000.000 41.999.806 100% NARROWS MATISSE. HENRI Venus A la coquille II 700000 : 1.750 000 . 1.750.000 1,

39.999.806 100%. NARROWS GORKY, ARSHILE Study for Agony 3,000.000 4,000.000 4,000.000 1000.000 40.999.806 100%. NARROWS PICASSO. PABLO Paysage 2.500,000 3.500.000 3.500.000 1.000.000 41.999.806 100% NARROWS MATISSE. HENRI Venus A la coquille II 700000 : 1.750 000 . 1.750.000 1,

ya (C'est de la faute) (Its all your fault) ' Circa 1803.12 Gray ink on paper DE GOYA. FRANCISCO 9'/. x 7 inches 3.500,000 3,500,000 Y 4GX87 Paysage' 1908 Oil on panel laid down on cradled panel PICASSO. PABLO 26'/. x 11 3/. inches 3,500,000 3,500,000 Y 5C4R7 TURNER, R A . JOSEPH Entry t