Ghislaine Maxwell P.O. Box 308 Teaneck, NJ 07666-0308 November 23, 2016 Scott Stackman and Lyle Casriel UBS Private Wealth Management 1285 Avenue of the Americas, 38th Floor New York, NY 10019 RE: Transfers to Angara Trust Dear Scott and Lyle: Please use this letter as authorization to transfer $14,200,000 (PSDYX and cash) from account EM, titled Ghislaine Maxwell to account titled Angara Trust. Also, please also complete the following transfers Transfer Entire Account Balance (Cash & Securities): FROM. titled Ghislaine Maxwell TO: tiled Angara Trust FROM: TO: titled Ghislaine Maxwell titled Angara Trust FROM: tilled Ghislaine Maxwell TO: titled Angara Trust Sincerely. Ghislainc Max 'ell EFTA00022364