Investor Presentaiton

ONE INVESTMENT INVESTING TODAY Legal list as amended from time to time About $29 B in investments in 2016, about $16 B if GBE are netted off (2016 FIR) • About $26 B in all types of reserves and reserve funds • No clear idea of how it is invested (short vs long) ONE Equity about $340 M (one indicator of long-term funds) 46

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