Commerzbank Aktiengesellschaft’s Grupo Cibest S.A. American Depositary Shares (each representing four (4) Preferred Shares) CIB Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2014 Q2	–	Sell	-4,415	Closed	-$249K	–	1084
2014 Q1	$249K	Sell	4,415 -6,329	-59%	-$357K	﹤0.01%	1037
2013 Q4	$472K	Buy	+10,744	New	+$472K	﹤0.01%	910