AUCTION PURCHASE FINANCE PROGRAM GUIDE TO PRE-QUALIFIED AUCTION LOTS

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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, +1.212.937.7951 Naomi Baigell, Managing Director, Client Relationships, nbaigell@athena-art.com, +1.212.937.7963 General Inquiries, info@athena-art.com, + 1.212.937.7950 1. Pre-qualification does not guarantee approval for financing and is subject to standard review. See additional Legal Disclaimers contained herein.

Christie's,Impressionist and Modern Art, Evening Sale, May 15 2 A Alberto Giacometti (1901-1966) Homme assis 3,000,000 5,000,000 4 A Pablo Picasso (1881-1973) L'Atelier 6,000,000 9,000,000 5 A Joan Miró (1893-1983) Femme entendant de la musique 10,000,000 15,000,000 6 A ALBERTO GIACOMETTI (1901-1966) Buste d'homme (Diego au blouson) 6,000,000 9,000,000 7 A Marc Chagall (1887-1985) La Tour Eiffel 6,000,000 9,000,000 8 A Pablo Picasso (1881-1973) Le Marin Estimate Upon Request 9 A Henri Matisse (1869-1954) Odalisque, mains dans le dos 15,000,000 20,000,000 10 A Edgar Degas (1834-1917) Deux femmes appuyées à une barrière (Conversation) 3,000,000 5,000,000 11 A Fernand Léger (1881-1955) Le grand déjeuner 15,000,000 25,000,000 12 A Kazimir Malevich (1878-1935) Suprematist Composition Estimate Upon Request 13 A Marc Chagall (1887-1985) Le village bleu 3,000,000 5,000,000 14 A Egon Schiele (1890-1918) Stehender Rückenakt 700,000 1,000,000 16 A Lyonel Feininger (1871-1956) Trompetenbläser I 5,000,000 7,000,000 17 A ALBERTO GIACOMETTI (1901-1966) La Clairière 10,000,000 15,000,000 18 A Fernand Léger (1881-1955) Les trois femmes au bouquet 12,000,000 18,000,000 19 A Constantin Brancusi (1876-1957) La jeune fille sophistiquée (Portrait de Nancy Cunard) Estimate Upon Request 20 A Pablo Picasso (1881-1973) L Huilier 1,800,000 2,500,000 21 A Pablo Picasso (1881-1973) Femme au chat assise dans un fauteuil 22,000,000 28,000,000 22 A Auguste Rodin (1840 1917) Le Penseur, taille de la porte dit "moyen modèle" 7,000,000 10,000,000 23 A Gustave Caillebotte (1848-1894) Le Pont de l'europe, esquisse 6,000,000 9,000,000 24 A Vincent Van Gogh (1853-1890) Vue de l asile et de la Chapelle Saint-Paul de Mausole (Saint-Rémy) 35,000,000 55,000,000 25 A Pablo Picasso (1881-1973) Fillette au pendentif 8,000,000 12,000,000 26 A Pablo Picasso (1881-1973) Nature morte: Tête de taureau 5,000,000 7,000,000 27 A Paul Gauguin (1848-1903) Dahlias et mandoline 1,200,000 1,800,000 28 A Claude Monet (1840-1926) Le Pommier 1,500,000 2,500,000 29 A Edouard Manet (1832-1883) L'Italienne 3,000,000 5,000,000 30 A Pablo Picasso (1881-1973) Compotier avec fruits 1,500,000 2,500,000 32 A Pablo Picasso (1881-1973) Le Peintre 2,500,000 3,500,000 34 A Pablo Picasso (1881-1973) Portrait d'inès 3,500,000 4,500,000 35 A Alberto Giacometti (1901-1966) Tête noire (Portrait de Diego) 5,000,000 8,000,000 39 A Edgar Degas (1834-1917) Arlequin et danseuses 2,000,000 4,000,000 40 A Marc Chagall (1887-1985) Couple au double-profil 1,000,000 1,500,000

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 (1925-1992) Blueberry 5,000,000 7,000,000 7 B Francis Bacon (1909-1992) Study for Portrait Estimate Upon Request 9 B Andy Warhol (1928-1987) Double Elvis [Ferus Type] Estimate Upon Request 10 B Barnett Newman (1905-1970) Untitled 1,200,000 1,800,000 11 B Joan Mitchell (1925-1992) Untitled 7,000,000 9,000,000 13 B Morris Louis (1912-1962) Devolving 5,000,000 7,000,000 15 B Andy Warhol (1928-1987) Most Wanted Men No. 11, John Joseph H., Jr. Estimate Upon Request 17 B Jeff Koons (b. 1955) Lobster 5,000,000 7,000,000 18 B George Condo (b. 1957) Nude and Forms 2,200,000 2,800,000 20 B Mark Bradford (b. 1961) Boreas 5,000,000 7,000,000 23 B Richard Diebenkorn (1922-1993) Untitled 2,500,000 3,500,000 24 B Richard Diebenkorn (1922-1993) Nude Elbow on Knee 800,000 1,200,000 26 B Richard Diebenkorn (1922-1993) Ocean Park #126 16,000,000 20,000,000 27 B Richard Diebenkorn (1922-1993) Table and Folding Chair 900,000 1,200,000 28 B Richard Diebenkorn (1922-1993) Untitled 2,200,000 3,000,000 30 B Richard Diebenkorn (1922-1993) Cityscape #3 4,000,000 6,000,000 31 B Richard Diebenkorn (1922-1993) Untitled 1,000,000 1,500,000 33 B Jean-Michel Basquiat (1960-1988) Red Rabbit 5,000,000 7,000,000 34 B Mark Rothko (1903-1970) No. 7 (Dark Over Light) Estimate Upon Request 35 B Franz Kline (1910-1962) Third Avenue 3,000,000 5,000,000 36 B Clyfford Still (1904-1980) PH-916(1946-No. 1) 15,000,000 20,000,000 37 B Nicolas de Staël (1914-1955) Nu Debout 7,500,000 9,500,000 38 B Yves Klein (1928-1962) Anthropométrie sans titre, (ANT 49) 3,500,000 4,500,000 39 B Frank Stella (b. 1936) Lettre sur les sourds et muets I 5,000,000 7,000,000 40 B Willem de Kooning (1904-1997) Untitled XVIII 8,000,000 12,000,000 41 B Richard Diebenkorn (1922-1993) Untitled 2,000,000 3,000,000 42 B Jean Dubuffet (1901-1985) Sécréter son Habitat 1,500,000 2,000,000 43 B Willem de Kooning (1904-1997) Untitled VII 4,000,000 6,000,000 45 B Christopher Wool (b. 1955) Lester 2,600,000 3,200,000 46 B Donald Judd (1928-1994) Untitled 6,000,000 8,000,000 47 B Dan Flavin (1933-1996) monument for V Tatlin 800,000 1,200,000 49 B Agnes Martin (1912-2004) Untitled #7 4,000,000 6,000,000 50 B Agnes Martin (1912-2004) Love 2,500,000 3,500,000 54 B Kerry James Marshall (b. 1955) You Must Suffer if You Want to be Beautiful 2,000,000 3,000,000 56 B Christopher Wool (b. 1955) Untitled 2,500,000 3,500,000 57 B Georg Baselitz (b. 1938) Trinker 1,200,000 1,800,000 58 B Wayne Thiebaud (b. 1920) Cake Rows 1,800,000 2,500,000 60 B John Currin (b. 1962) Venus with Watch 3,000,000 5,000,000 61 B Andy Warhol (1928-1987) Diamond Dust Shoes 2,000,000 3,000,000 63 B ANDY WARHOL (1928-1987)(B) Flowers 1,800,000 2,500,000 64 B Alexander Calder (1898-1976) Untitled 2,200,000 2,800,000 65 B Jean Dubuffet (1901-1985) Le Dandy 1,000,000 2,000,000

Christie's, Post-War and Contemporary Art, Morning Sale, May 18 611 Joan Mitchell (1925-1992) Bear Right 1,000,000 1,500,000 629 Wayne Thiebaud (b. 1920) Three Candied Apples 1,200,000 1,800,000 645 Robert Motherwell (1915-1991) Open No. 81: In Blue with Charcoal Line 800,000 1,200,000 646 Joan Mitchell (1925-1992) Iva 3,000,000 5,000,000 650 Kenneth Noland (1924-2010) Across 800,000 1,200,000 672 Gerhard Richter (B. 1932) Abstraktes Bild (678-2) 1,000,000 1,500,000 677 Alexander Calder (1898-1976) Two Black Discs and Six Others 1,000,000 1,500,000

Christie's, Post-War and Contemporary Art, Afternoon Sale, May 18 824 Donald Judd (1928-1994) Untitled 2,000,000 3,000,000 858 Jean-Michel Basquiat (1960-1988) Untitled 1,200,000 1,800,000