Registration No. 25703 BERMUDA MINISTRY OF FINANCE CERTIFICATE OF COMPLIANCE I Maria Boodram, Supervisor, Registration of the Registrar of Companies in the Islands of Bermuda, do hereby certify that Picton II Ltd. is a company duly incorporated under the laws of Bermuda and is at the date of this Certificate, in good standing under the Companies Act 1981. Given under my hand and the Seal of the REGISTRAR OF COMPANIES this 8th day of M i 08 Supe isor, Registration TRUE COPY EFTA00721228