8/6/2019 Cerberus Investor Letter (25-Sep-08)

1/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

2/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

3/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

4/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

5/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

6/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

7/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

8/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

9/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

10/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

11/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

12/13

8/6/2019 Cerberus Investor Letter (25-Sep-08)

13/13