Sapient Global Markets – Commodities Team Analytics, Advisory and Project Management

2 INTRODUCING SAPIENT 0,000 people worldwide Sapient Global Markets SapientNitro A leading provider of business and technology services and solutions to capital and commodity market participants, intermediaries and regulators Sapient Government Services A new breed of agency for an always-on world, unifying promise with experience by telling stories in new and unexpected ways across brand communications, digital experience and omni-channel commerce A leading provider of consulting, technology and marketing services to a wide array of public sector organizations

3 SAPIENT GLOBAL MARKETS FOCUS We work exclusively with capital and commodity market participants, regulators and intermediaries to drive transformation for our clients Commodities Trading & Risk Mgmt. Derivatives Platforms Clearing & Collateral Data Management Risk and Control Pipeline & Shipping Portfolio Accounting Trade Documentation Regulatory Reporting Valuation & Risk INSIGHT We have developed communities of expertise that bring industry knowledge and experience to our delivery capabilities GLOBAL REACH From business consulting to technology development and managed services, our wide range of fully integrated services supports the entire project lifecycle and helps firms optimize technology and business processes SOLUTIONS We design, develop, integrate and support technology solutions that help our clients more effectively address business needs and industry requirements Sapient Global Markets Sapient Nitro and Government Services DELIVERY With a presence on 4 continents, we operate in key centers relevant to the global capital and commodity markets, including Boston, Calgary, Chicago, Frankfurt, Houston, London, New York, Singapore, Toronto and Zurich 3

© 2015 SAPIENT CORPORATION | CONFIDENTIAL 4 SAPIENT GLOBAL MARKETS | CAPABILITIES TARGETED INVESTMENTS in core competencies to cover the areas of greatest industry need Management Reporting Energy and Commodity Trading platforms Cross-Asset platforms Clearing & Collateral Management Renewables & Virtual Power Plants Operational Risk and Risk Controlling Pipeline & Shipping Digital Transformation Data Management Regulatory Requirements Risk Management & Valuation platforms Risk Management & Valuation platforms Our core competencies are complemented by field-proven project management methodology, flexible assignment models and solution offerings, to ensure a lasting, confident and successful partnership with our customers. Visualisation

© 2015 SAPIENT GLOBAL MARKETS | CONFIDENTIAL 5 We manage practices and centers of excellence to develop points of view, solution frameworks and specific delivery accelerators for most relevant industry topics. Buy-side Investment Process With deep expertise in asset classes and the investment lifecycle, we help firms create a more efficient business model Clearing & Collateral We help firms re-engineer business processes, infrastructure and governance to comply with regulatory reform, and address margin optimization, collateral optimization and collateral transformation Commodities Trading & Risk Management We offer a full range of services to help companies improve operational transparency, data management, integrated risk management capabilities and front-to-back scalability Data Management We provide data strategy and transformation, improve data governance and quality, enable business intelligence, analytics and master and reference data management Derivatives Platforms We help firms select, define, improve their derivative trading engines Pipeline and Shipping We help firms optimize their midstream with a focus on pipeline data management and pipeline commercial operations Portfolio Accounting We deliver complete Portfolio Accounting solutions—and provide resources for every step of the way Regulatory Reporting We help companies interpret the impact of changing market structures and comply with today’s increasingly complex regulatory reporting requirements Risk and Control We help organizations assess, design and deploy efficient and effective front-to-back controls within a defined Target Operating Model Trade Documentation We help firms create efficiencies and reduce the costs associated with trade documentation Valuation & Risk We combine deep market intelligence with the technical expertise needed to help firms solve the most difficult challenges in valuation and risk management SAPIENT GLOBAL MARKETS | SERVICES

© 2015 SAPIENT GLOBAL MARKETS | CONFIDENTIAL 6 INDUSTRY IMPACT THOUGHT LEADERSHIP Our thought leaders address today’s most pressing topics in blogs, papers and articles. SURVEYS We capture the pulse of the industry. We routinely win awards for our solutions, project work and stellar workplace. We work on projects designed to improve the markets. RECOGNITION INDUSTRY INITIATIVES 'Excellence in Trading Operations & Technology’

© 2015 SAPIENT GLOBAL MARKETS | CONFIDENTIAL 7 RECOGNITION We routinely win awards for our solutions, project work and stellar workplace. 'Excellence in Trading Operations & Technology’ ‘CMRS: Best Regulatory Compliance Solution for Operations’ ‘CMRS: Best Risk Management Solution – Innovation’ ‘Best for Project Delivery Within Budget’ ‘Best Implementation Specialist’ ‘Best for Project Delivery Within Budget’ ‘CMRS: Consultancy for Operations’ ‘Best industry infrastructure initiative’

© 2015 SAPIENT GLOBAL MARKETS | CONFIDENTIAL 8 REPRESENTATIVE COMMODITY CLIENTS