ease refer to the official offering documents. Past performance is not a guarantee of future performance and this information is not a guarantee of Hudson Bay's performance. 027604.082318 Best regards, Andrew King Andrew King, CFA Vice President I Investment Solutions Group Deutsche Bank Securities Inc

cer and Chief Investment Officer • • le for supervising Mr. Chen's advisory activities. Mr. Gerber can be reached a . Mr. Chen is also subject to Hudson Bay's compliance policies and procedures and Code of Ethics with respect to his advisory activities. Scott L. Black, Hudson Bay's General Counsel and Chie

ave received a copy of that brochure. Please contact Scott L. Black, General Counsel and Chief Compliance Officer at and/or if you did not receive Hudson Bay's brochure or if you have any questions about the contents of this supplement. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0084877 CON

cer, is responsible for supervising Mr. Astrachan's advisory activities. Mr. Gerber can be reached at 212-571-1244. Mr. Astrachan is also subject to Hudson Bay's compliance policies and procedures and Code of Ethics with respect to his advisory activities. Scott L. Black, Hudson Bay's General Counsel and Chi

HUBUS133 Alpha Group Capital SANDER ROSS GERBER ITEM 2 - EDUCATIONAL BACKGROUND AND BUSINESS EXPERIENCE Sander Gerber, born in 1967, is Hudson Bay's principal owner, Chief Executive Officer and Chief Investment Officer. He also functions as a Portfolio Manager who opportunistically invests in sp

eceived a copy of that brochure. Please contact Scott L. Black, General Counsel and Chief Compliance Officer at and/or if you did not receive Hudson Bay's brochure or if you have any questions about the contents of this supplement. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0084886 CON

time subject to applicable law. Past performance is not a guarantee of future performance and the information contained herein is not a guarantee of Hudson Bay's performance. Any projection, forecast or return on investment illustrations delivered by or on behalf of Hudson Bay is for illustrative purposes on

Sargen received his BA in Economics with a Minor in Mathematics from Stanford University. Steven Petersen Chief Financial Officer Mr. Petersen is Hudson Bay's Chief Financial Officer where he is responsible for managng Hudson Bay's accounting, finance, operations, and financial and tax reporting function