ROYAL BK SCOTLAND GROUP PLC

CUSIP: 780097713 Class: PREFERRED STOCK

IPG Investment Advisors LLC's Holding History (CIK: 0001602237)

Note: Option positions (PUT/CALL) are excluded.

Q2 2016
Shares 87,300 Value ($000) $2,175,875 Avg Close — Range —
Q1 2016
Shares 85,800 Value ($000) $2,158,415 Avg Close — Range —