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This publication is for your information only and is not intended as an offer, or a solicitation of an offer, to buy or sell any investment or other specific product. The analysis contained herein does not constitute a personal recommendation or consider the particular investment objectives, investment strategies, financial situation, and needs of any specific recipient. It is based on numerous assumptions. Different assumptions could result in materially different results. All information and opinions expressed in this document were obtained from sources believed to be reliable and in good faith, but no representation or warranty, express or implied, is made as to its accuracy or completeness (other than disclosures relating to Delos Capital Advisors). All information and opinions and any forecasts, estimates, and market prices indicated are current as of the date of this report and are subject to change without notice. In no circumstances may this document or any of the information (including any forecast, value, index, or other calculated amounts ("Values") be used for any of the following purposes (i) valuation or accounting purposes; (ii) to determine the amounts due or payable, the price or the value of any financial instrument or financial contract; or (iii) to measure the performance of any financial instrument including, without limitation, to track the return or performance of any Value or of defining the asset allocation of portfolio or computing performance fees. By receiving this document and the information, you will be deemed to represent and warrant to Delos Capital Advisors that you will not use this document or otherwise rely on any of the information for any of the above purposes. This material may not be reproduced or copies circulated without prior authorization of Delos Capital Advisors. Unless otherwise agreed in writing, Delos Capital Advisors expressly prohibits distributing and transferring this material to third parties for any reason. Delos Capital Advisors accepts no liability whatsoever for any claims or lawsuits from any third parties arising from the use or distribution of this material

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