Premier Art Finance Artemundi Group / 2019 Premier Art Finance Artemundi Group : 201 | Page 5

New Yo rk · Lo n d o n · Mexico C ity · Ma drid APPRECIATION STRATEGIES . MARKET RESEARCH ACADEMIC EXPOSURE PROFIT FROM ART-MARKET INEFFICIENCIES SCHOLARLY CONTRIBUTIONS GEOGRAPHICAL ARBITRAGE EXHIBITION LOANS SUCCESSFUL INVESTMENT MODEL CONSERVATION/ RESTORATION AXIOMS & GOLDEN RULES . Profit is made fundamentally at purchase through accurate valuations Acquire artworks in which we can apply appreciation strategies. Apply econometric indexes and decision support tools. Keep administrative, operations and maintenance costs under control (expense ratio: < 1% AUM). Control of investment horizon and exit strategy. Efficiently minimize transactional costs (i.e. VAT taxes and third party commissions). 5 www.artemundi.com