SOCIETE GENERALE

Ticker: SOCGEN V8.25 PERP EMTN CUSIP: F849BQAA2 Class: DEBT 8.250

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

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

Q4 2016

Shares 1,758,500 Value ($000) $1,828,946 Avg Close — Range —

Q3 2016

Shares 1,758,500 Value ($000) $1,782,609 Avg Close — Range —

Q2 2016

Shares 2,068,500 Value ($000) $2,047,815 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2016	1,758,500	$1,828,946	—	—
Q3 2016	1,758,500	$1,782,609	—	—
Q2 2016	2,068,500	$2,047,815	—	—