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DISCLAIMER: EDF Trading North America, LLC and its affiliates collectively known as “EDF Energy NA”, are not licensed commodity trading advisors, are not licensed to provide commodity trading advice of the type regulated by the Commodity Futures Trading Commission (CFTC) and are not otherwise registered with the CFTC. Accordingly, nothing contained in this presentation or information should be construed to obligate EDF Energy NA to provide any advice to or to perform any Services that would in EDF Energy NA’s judgment require EDF Energy NA to register in any capacity with or subject EDF Energy NA to the jurisdiction of the CFTC or any similar body.

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