Jefferies Financial Group Investor Day Presentation Deck

Leucadia Asset Management Strategic Priorities - ▪ Grow fee-generating third party assets; prospect of long-term stable cash flows ▪ Continue to add new strategies - ▪ Earn strong return on invested capital; recycle capital to support new strategies I Manage cost and mitigate risk - Leverage Jefferies support infrastructure to manage launch costs and operating expenses - Strict controls to manage and limit risk - Stop losses, if necessary, at pre-determined levels 55 Jefferies

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