AUCTION PURCHASE FINANCE PROGRAM GUIDE TO PRE-QUALIFIED AUCTION LOTS

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1 AUCTION PURCHASE FINANCE PROGRAM GUIDE TO PRE-QUALIFIED AUCTION LOTS OVERVIEW This guide provides collectors, specialists and advisors with a list of upcoming auction lots that have been pre-qualified for asset-based financing by Athena Art Finance Corp. Our Auction Purchase Financing Program allows bidders at auction to increase purchasing power and payment flexibility. 1 For interested bidders, we are able to provide indicative terms for prospective purchases either ahead of or following the sale. We also consider artwork that is not specifically listed in our guide or is in an existing collection. Please also contact us about financing products for parties providing third-party guarantees (irrevocable minimum bids). SALES INCLUDED (BY DATE) Christie's,Impressionist and Modern Art, Evening Sale, May 15 Christie's, Post-War and Contemporary Art, Evening Sale, May 17 Christie's, Post-War and Contemporary Art, Morning Sale, May 18 Christie's, Post-War and Contemporary Art, Afternoon Sale, May 18 ABOUT ATHENA ART FINANCE Athena Art Finance is a leading, independent firm specializing in art-secured financing. Our secured lending services provide a powerful tool for collectors, investors and the trade to transact in the global art market. Since 2015, Athena has provided over $165 million in art-secured financing to its clients worldwide to assist with upcoming sales, new art acquisitions, estate planning strategies or simply to raise opportunistic investment capital. PLEASE CONTACT US Nigel Glenday, Managing Director, Strategy, nglenday@athena-art.com, Naomi Baigell, Managing Director, Client Relationships, nbaigell@athena-art.com, General Inquiries, info@athena-art.com, Pre-qualification does not guarantee approval for financing and is subject to standard review. See additional Legal Disclaimers contained herein.

2 Christie's,Impressionist and Modern Art, Evening Sale, May 15 2 A Alberto Giacometti ( ) Homme assis 3,000,000 5,000,000 4 A Pablo Picasso ( ) L'Atelier 6,000,000 9,000,000 5 A Joan Miró ( ) Femme entendant de la musique 10,000,000 15,000,000 6 A ALBERTO GIACOMETTI ( ) Buste d'homme (Diego au blouson) 6,000,000 9,000,000 7 A Marc Chagall ( ) La Tour Eiffel 6,000,000 9,000,000 8 A Pablo Picasso ( ) Le Marin Estimate Upon Request 9 A Henri Matisse ( ) Odalisque, mains dans le dos 15,000,000 20,000, A Edgar Degas ( ) Deux femmes appuyées à une barrière (Conversation) 3,000,000 5,000, A Fernand Léger ( ) Le grand déjeuner 15,000,000 25,000, A Kazimir Malevich ( ) Suprematist Composition Estimate Upon Request 13 A Marc Chagall ( ) Le village bleu 3,000,000 5,000, A Egon Schiele ( ) Stehender Rückenakt 700,000 1,000, A Lyonel Feininger ( ) Trompetenbläser I 5,000,000 7,000, A ALBERTO GIACOMETTI ( ) La Clairière 10,000,000 15,000, A Fernand Léger ( ) Les trois femmes au bouquet 12,000,000 18,000, A Constantin Brancusi ( ) La jeune fille sophistiquée (Portrait de Nancy Cunard) Estimate Upon Request 20 A Pablo Picasso ( ) L Huilier 1,800,000 2,500, A Pablo Picasso ( ) Femme au chat assise dans un fauteuil 22,000,000 28,000, A Auguste Rodin ( ) Le Penseur, taille de la porte dit "moyen modèle" 7,000,000 10,000, A Gustave Caillebotte ( ) Le Pont de l'europe, esquisse 6,000,000 9,000, A Vincent Van Gogh ( ) Vue de l asile et de la Chapelle Saint-Paul de Mausole (Saint-Rémy) 35,000,000 55,000, A Pablo Picasso ( ) Fillette au pendentif 8,000,000 12,000, A Pablo Picasso ( ) Nature morte: Tête de taureau 5,000,000 7,000, A Paul Gauguin ( ) Dahlias et mandoline 1,200,000 1,800, A Claude Monet ( ) Le Pommier 1,500,000 2,500, A Edouard Manet ( ) L'Italienne 3,000,000 5,000, A Pablo Picasso ( ) Compotier avec fruits 1,500,000 2,500, A Pablo Picasso ( ) Le Peintre 2,500,000 3,500, A Pablo Picasso ( ) Portrait d'inès 3,500,000 4,500, A Alberto Giacometti ( ) Tête noire (Portrait de Diego) 5,000,000 8,000, A Edgar Degas ( ) Arlequin et danseuses 2,000,000 4,000, A Marc Chagall ( ) Couple au double-profil 1,000,000 1,500,000

3 Christie's, Post-War and Contemporary Art, Evening Sale, May 17 2 B David Hockney (b. 1937) Antheriums 2,500,000 3,500,000 5 B Christopher Wool (b. 1955) Untitled 7,500,000 9,500,000 6 B Joan Mitchell ( ) Blueberry 5,000,000 7,000,000 7 B Francis Bacon ( ) Study for Portrait Estimate Upon Request 9 B Andy Warhol ( ) Double Elvis [Ferus Type] Estimate Upon Request 10 B Barnett Newman ( ) Untitled 1,200,000 1,800, B Joan Mitchell ( ) Untitled 7,000,000 9,000, B Morris Louis ( ) Devolving 5,000,000 7,000, B Andy Warhol ( ) Most Wanted Men No. 11, John Joseph H., Jr. Estimate Upon Request 17 B Jeff Koons (b. 1955) Lobster 5,000,000 7,000, B George Condo (b. 1957) Nude and Forms 2,200,000 2,800, B Mark Bradford (b. 1961) Boreas 5,000,000 7,000, B Richard Diebenkorn ( ) Untitled 2,500,000 3,500, B Richard Diebenkorn ( ) Nude Elbow on Knee 800,000 1,200, B Richard Diebenkorn ( ) Ocean Park #126 16,000,000 20,000, B Richard Diebenkorn ( ) Table and Folding Chair 900,000 1,200, B Richard Diebenkorn ( ) Untitled 2,200,000 3,000, B Richard Diebenkorn ( ) Cityscape #3 4,000,000 6,000, B Richard Diebenkorn ( ) Untitled 1,000,000 1,500, B Jean-Michel Basquiat ( ) Red Rabbit 5,000,000 7,000, B Mark Rothko ( ) No. 7 (Dark Over Light) Estimate Upon Request 35 B Franz Kline ( ) Third Avenue 3,000,000 5,000, B Clyfford Still ( ) PH-916(1946-No. 1) 15,000,000 20,000, B Nicolas de Staël ( ) Nu Debout 7,500,000 9,500, B Yves Klein ( ) Anthropométrie sans titre, (ANT 49) 3,500,000 4,500, B Frank Stella (b. 1936) Lettre sur les sourds et muets I 5,000,000 7,000, B Willem de Kooning ( ) Untitled XVIII 8,000,000 12,000, B Richard Diebenkorn ( ) Untitled 2,000,000 3,000, B Jean Dubuffet ( ) Sécréter son Habitat 1,500,000 2,000, B Willem de Kooning ( ) Untitled VII 4,000,000 6,000, B Christopher Wool (b. 1955) Lester 2,600,000 3,200, B Donald Judd ( ) Untitled 6,000,000 8,000, B Dan Flavin ( ) monument for V Tatlin 800,000 1,200, B Agnes Martin ( ) Untitled #7 4,000,000 6,000, B Agnes Martin ( ) Love 2,500,000 3,500, B Kerry James Marshall (b. 1955) You Must Suffer if You Want to be Beautiful 2,000,000 3,000, B Christopher Wool (b. 1955) Untitled 2,500,000 3,500, B Georg Baselitz (b. 1938) Trinker 1,200,000 1,800, B Wayne Thiebaud (b. 1920) Cake Rows 1,800,000 2,500, B John Currin (b. 1962) Venus with Watch 3,000,000 5,000, B Andy Warhol ( ) Diamond Dust Shoes 2,000,000 3,000, B ANDY WARHOL ( )(B) Flowers 1,800,000 2,500, B Alexander Calder ( ) Untitled 2,200,000 2,800, B Jean Dubuffet ( ) Le Dandy 1,000,000 2,000,000

4 Christie's, Post-War and Contemporary Art, Morning Sale, May Joan Mitchell ( ) Bear Right 1,000,000 1,500, Wayne Thiebaud (b. 1920) Three Candied Apples 1,200,000 1,800, Robert Motherwell ( ) Open No. 81: In Blue with Charcoal Line 800,000 1,200, Joan Mitchell ( ) Iva 3,000,000 5,000, Kenneth Noland ( ) Across 800,000 1,200, Gerhard Richter (B. 1932) Abstraktes Bild (678-2) 1,000,000 1,500, Alexander Calder ( ) Two Black Discs and Six Others 1,000,000 1,500,000

5 Christie's, Post-War and Contemporary Art, Afternoon Sale, May Donald Judd ( ) Untitled 2,000,000 3,000, Jean-Michel Basquiat ( ) Untitled 1,200,000 1,800,000