INCOME ADVANTAGE MARKET-LINKED CDs LINKED TO COMMODITY BASKETS Estimated Monthly Performance Update April 29, 2016 Data as of: ILLUSTRATIVE PURPOSES ONLY Market Linked Certificates of Deposit Hypothetical Coupon Indicative valuation* Initial Basket of Reference Assets Cusip Maximum Interest Rate Minimum Interest Issue Date 0.75% 95.94% Cocoa, Coffee, Lead, Natural Gas, Wheat 06426XHH6 8.00% 0.75% Jul-13 1.00% 96.89% Cocoa, Coffee, Lead, Natural Gas, Wheat 06426XHP8 5.75% 1.00% Aug-13 1.00% 96.73% Cocoa, Coffee, Lead, Natural Gas, Wheat 06426XHU7 7.00% 1.00% Sep-13 1.00% 96.51% Cocoa, Coffee, Lead, Natural Gas, Wheat 06426XJB7 7.75% 1.00% Oct-13 1.00% 96.34% Cocoa, Coffee, Lead, Natural Gas, Wheat 06426XJH4 7.75% 1.00% Nov-13 1.00% 96.16% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XJP6 8.25% 1.00% Dec-13 1.00% 95.93% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XJV3 7.75% 1.00% Jan-14 1.25% 96.80% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XKB5 5.50% 1.25% Feb-14 1.00% 95.40% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XKG4 7.25% 1.00% Mar-14 1.00% 95.17% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XKL3 7.25% 1.00% Apr-14 1.00% 95.98% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XKR0 7.25% 1.00% May-14 1.00% 95.55% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XKV1 7.25% 1.00% Jun-14 1.00% 95.36% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XLB4 7.25% 1.00% Jul-14 1.00% 95.31% Cocca, Coffee, Corn, Lead, Natural Gas 06426XLH1 7.25% 1.00% Aug-14 1.00% 94.93% Cocca, Coffee, Corn, Lead, Natural Gas 06426XLN8 7.50% 1.00% Sep-14 1.00% 94.75% Cocca, Coffee, Corn, Lead, Natural Gas 06426XLT5 7.25% 1.00% Oct-14 1.00% 94.52% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XLY4 7.25% 1.00% Nov-14 1.00% 94.44% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XMD9 7.00% 1.00% Dec-14 1.00% 94.34% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XMJ6 7.00% 1.00% Jan-15 1.00% 94.24% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XMP2 6.50% 1.00% Feb-15 1.00% 94.06% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XMU1 6.00% 1.00% Mar-15 1.00% 93.92% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XMY3 6.50% 1.00% Apr-15 0.75% 93.19% Cocoa, Coffee, Corn, Lead, Natural Gas 06426XNE6 6.75% 0.75% May-15 * Indicative valuations are provided from the perspective of the Investor. The valuations set out above are provided to you by BNP PARIBAS on a strictly confidential basis and constitute a non-binding indication of the value of the transactions. Please note that the valuations have been made in accordance with BNP PARIBAS’ own internal models and calculation methods. Accordingly, the valuations reflect BNP PARIBAS’s own view of the economic value and risk of the transactions. This view may not correspond with any valuation of the transactions given by another market participant, nor with the quotation that BNP PARIBAS may give to enter into the same or an equivalent transaction. Further, the valuations given above may not correspond with the value of the transactions as they appear in the books of account of BNP PARIBAS. BNP PARIBAS shall have no liability in respect of any error or omission arising from the valuations given above or from any use made of the valuations or reliance placed on them by the recipient. In particular, the valuations do not necessarily reflect the cash settlement amount which would be due on early termination of a transaction, whether following a default or otherwise ** Hypothetical Coupon Computation shows a hypothetical coupon computation based on the returns of the Reference Assets in respective baskets as of April 29, 2016. If all of the Reference Assets are equal to or above their respective Initial Prices, then Maximum Interest Rate would be applicable. Otherwise, if any of the Reference Assets are below their respective Initial Prices, then Minimum Interest Rate would be applicable. Coupons will only be paid on the applicable Interest Payment Date based upon the performance of the Reference Assets as of the applicable Coupon Valuation Date. The valuation of the relevant financial instruments provided herein is for information purposes only. There is no assurance that a transaction will be entered into on any such indicative terms. This is neither an offer to sell nor a solicitation to buy securities or other financial instruments. The information contained herein has been prepared in good faith by the BNP Paribas Group, in accordance with its own internal models and calculation methods and is derived from sources generally believed to be reliable. BNP Paribas Group expressly disclaims any responsibility for calculations, figures and other information contained herein have been prepared in good faith by the BNP Paribas Group, in accordance with its own models and calculation methods and are derived from sources generally believed to be reliable. BNP Paribas Group expressly disclaims any responsibility for errors or omissions in the computation or dissemination of this information, and makes no express or implied representation or warranty that such information sources used in its calculations are accurate or complete. The information provided herein is not intended to provided, and should not be relied on, for tax, legal, accounting, regulatory, or financial advice. You should consult your own advisors about the relevance, accuracy, completeness and appropriateness of these valuations. FOR BROKER DEALER USE ONLY DO NOT FORWARD TO INVESTORS