0 250.003 200,000 150,030 100,000 50,003 CPP - Commercial 2038 2009 2010 2011 2012 2013 2014 2015 2018 2017 NINON Win —Change YtY% SW ASSN ant US Gad•• Swam Ibaverg /write 20.00% 15.00% - 10.00% 500% 0.00% -5.00% -10.00% -15.03% -20.03% 25.00% Deutsche Bank Securities Inc. Pa