ol: Bid/Ask: USDJPY Call Strike: Vol: Bid/Ask: USDJPY Put Strike: Vol: Bid/Ask: Trade 2: Issuer: Maturity: Underlying: Coupon: Bullish USDJPY Seagull — bid/ask on each leg if executed individually: 123.89 USD10mm 6m Coupon barrier: Principal barrier: AutoCall: 124.00 9.55/9.85 2.507/ 2.597

Call - 5/28/2015 III Classification: For Internal Use only FYI - Daniel spoke to Jeffrey this afternoon about the following: 1) Trade #1: Bullish USDJPY Seagull — pricing sent to JEE a few minutes ago 2) Trade #2: drug royalty financing trade — discussed high level bullet points. He would like to see an NDA

Call - 5/28/2015 [1] Classification: For Internal use only FYI - Daniel spoke to Jeffrey this afternoon about the following: 1) Trade #1: Bullish USDJPY Seagull — pricing sent to JEE a few minutes ago 2) Trade #2: drug royalty financing trade — discussed high level bullet points. He would like to see an NDA

Call - 5/28/2015 [I] Classification: For internal use only FYI - Daniel spoke to Jeffrey this afternoon about the following: 1) Trade #1: Bullish USDJPY Seagull — pricing sent to JEE a few minutes ago 2) Trade #2: drug royalty financing trade —discussed high level bullet points. He would like to see an NDA,