Cerberus Global NPL Fund, L.P.

3 Strong Relationships: Multiple Repeat and Proprietary Cerberus has maintained strong relationships with leading banks around the world, which repeat transactions with 17 of Europe's largest banks Cerberus Repeat Transactions with Key Sellers, since 2010 Number of portfolios purchased Transactions Purchase Price ($bn) Number of Assets Unpaid Principal Balance ($bn) Santander HSH Note: As of September 1, 2018. Total Proprietary and Confidential | Not for Further Distribution 91 nab $64.0 362,954 Only One Transaction with Seller Bankia UniCredit 40 Repeat Transactions with 17 of Europe's Largest Banks MONTE DEI PASCHI DI SIENA BANCA BAL 1472 17 $30.2 242,550 44.0 State Cerces Global NPL FL.P. - North Dakota State Invouons BBVA FMS Multiple Transactions with Same Seller 51 Sareb $33.8 120,404 83.9 resulted in permanent tsb GRUPO COOPERATIVO CAJAMAR 56% 53% 33% 66% National Asset Management Agency cerberus

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