0.9 0.8 R 0.7 It3 a 0.6 0.5 0.4 0.3 0.2 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Date IPE Brent 1M implied vol - Mid implied volatility CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0 123063 CONFIDENTIAL SDNY_GM_00269247 EFTA01461190