SCORPIO BULKERS INC

CUSIP: Y7546A106 Class: SHS

Chevy Chase Trust Holdings, LLC's Holding History (CIK: 0001462020)

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

Q3 2015

Shares 16,300 Value ($000) $24 Avg Close — Range —

Q2 2015

Shares 16,300 Value ($000) $27 Avg Close — Range —

Q1 2015

Shares 16,300 Value ($000) $39 Avg Close — Range —

Q4 2014

Shares 16,300 Value ($000) $32 Avg Close — Range —

Period	Shares	Value ($000)	Average Close	Price Range
Q3 2015	16,300	$24	—	—
Q2 2015	16,300	$27	—	—
Q1 2015	16,300	$39	—	—
Q4 2014	16,300	$32	—	—