<table><tr><th>From: </th><th></th></tr><tr><td>Sent:</td><td>Friday, February 16, 2018 10:50 PM</td></tr><tr><td>To:</td><td>Je vacation</td></tr><tr><td>Cc:</td><td>Rich Kahn</td></tr><tr><td>Subject:</td><td>Fwd: GIV SN 1085 Market Overview</td></tr></table>

Just received this from a broker„

I do='t know him,

His was a cold call email, I reached o=t to ask His GIV value opinion.

We have ADS-Bon our GIV, </=iv>

RRCC is Rolls Royce Corporate care.

=br>

Larry, <=p>

here are some numbers to get you=in the ballpark:

• <=pan style="background-color: rgba(255, 255, 255, 0);">Retail on SN 1085 i= right about $2.5M (seems to be holding over the past quarter)</=pan>

• Average utilizati=n on that YOM is just over llk hours TTAF — anything over/under tha= would affect that price accordingly

• There are several mods that would add to th= value — new DU 885 adds around $700k

• WiFi & ADS-B out are 2 other m=ds that can affect the FMV to a large degree (ADS-8 is really starting to p=p up with buyers)

• Pricing includes RRCC, so no adjustment there (but good that y=u have it — big assist in marketing the jet should you decide to se=I)

• A= you well know, inspection status can have a big impact on market value

- Above as=umes good condition P&I, logs & records

=p class="MsoNormal" style="margin: 0in 0in 0.0001pt;">

Not sure what your status is with the jet, but if you a=e considering selling the plane I'd be happy to connect with you to=discuss a marketing plan in more detail. Buyers are out there, but it takes=focus to find and close them.

Best=

Craig</=:/p>

=p class="MsoNormal" style="margin: 0in 0in 0.0001pt;">Craig Bowers

<=r>

Sent from my iPhone

Begin forwarded message:

| Field   | Value |
|---|---|
| From | [sender name redacted] <redacted email> |
| Date | February 16, 2018 at 5:20:35 PM EST |
| To | [recipient name redacted] <redacted email> |
| Subject | GIV SN 1085 Market Overview |

Larry, here are some numbers to get you in the ballpark:

		- Retail on SN 1085 is right about $2.5M (seems to be holding over the past quarter)

* Average utilization on that YOM is just over=11k hours TTAF – anything over/under that would affect that price a=cordingly

		- There are several mods that would add to the v=lue – new DU 885 adds around $700k

* WiFi & A=S-B out are 2 other mods that can affect the FMV to a large degree (ADS-B i= really starting to pop up with buyers)

* Pricing include= RRCC, so no adjustment there (but good that you have it – big assi=it in marketing the jet should you decide to sell)

	• As you will know, inspection status can have a big impact on market value=/li>

	• Above assumes good condition P&I, logs & records

Not sure what your status is with the jet, but if you=are considering selling the plane I’d be happy to connect with you t= discuss a marketing plan in more detail. Buyers are out there, but it take= focus to find and close them.

Best,

Craig

Craig B=wers