DEUTSCHE BANK TRUST COMPANY AMERICAS (Formerly BANKERS TRUST COMPANY) (Exact Name of Trustee As Specified in Its Charter)

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549

FORM T-1

STATEMENT OF ELIGIBILITY UNDER THE TRUST INDENTURE ACT OF 1939 OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE

☒ CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE PURSUANT TO SECTION 305(b)(2)

DEUTSCHE BANK TRUST COMPANY AMERICAS (formerly BANKERS TRUST COMPANY) (Exact name of trustee as specified in its charter)

NEW YORK 13-4941247 (Jurisdiction of Incorporation or (I.R.S. Employer organization if not a U.S. national bank) Identification no.)

60 WALL STREET NEW YORK, NEW YORK 10005 (Address of principal executive offices) (Zip Code)

Deutsche Bank Trust Company Americas Attention: Catherine Wang Legal Department 60 Wall Street, 36th Floor New York, New York 10005 (212) 250 – 7544 (Name, address and telephone number of agent for service)

RENAISSANCERE HOLDINGS LTD. (Exact name of obligor as specified in its charter)

Bermuda 98-0141974 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.)

Renaissance House 12 Crow Lane Pembroke HM 19 Bermuda

(Address of principal executive offices)

Senior Debt Securities (Title of the Indenture securities)

Item 1. General Information. Furnish the following information as to the trustee.

(a) Name and address of each examining or supervising authority to which it is subject.

Name Address Federal Reserve Bank (2nd District) New York, NY Federal Deposit Insurance Corporation Washington, D.C. New York State Banking Department Albany, NY

(b) Whether it is authorized to exercise corporate trust powers. Yes.

Item 2. Affiliations with Obligor. If the obligor is an affiliate of the Trustee, describe each such affiliation. None.

Item 3. -15. Not Applicable Item 16. List of Exhibits.

Exhibit 1 - Restated Organization Certificate of Bankers Trust Company dated August 31, 1998; Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 25, 1998; Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated December 18, 1998; Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated September 3, 1999; and Certificate of Amendment of the Organization Certificate of Bankers Trust Company dated March 14, 2002, incorporated herein by reference to Exhibit 1 filed with Form T-1 Statement, Registration No. 333-201810. Exhibit 2 - Certificate of Authority to commence business, incorporated herein by reference to Exhibit 2 filed with Form T-1 Statement, Registration No. 333-201810. Exhibit 3 - Authorization of the Trustee to exercise corporate trust powers, incorporated herein by reference to Exhibit 3 filed with Form T-1 Statement, Registration No. 333-201810. Exhibit 4 - Existing By-Laws of Deutsche Bank Trust Company Americas, dated August 30, 2018, incorporated herein by reference to Exhibit S-4/A filed with Form T-1 Statement, Registration No. 333-223415. Exhibit 5 - Not applicable. Exhibit 6 - Consent of Bankers Trust Company required by Section 321(b) of the Act, incorporated herein by reference to Exhibit 6 filed with Form T-1 Statement, Registration No. 333-201810. Exhibit 7 - A copy of the latest report of condition of the trustee published pursuant to law or the requirements of its supervising or examining authority. Exhibit 8 - Not Applicable. Exhibit 9 - Not Applicable. SIGNATURE

Pursuant to the requirements of the Trust Indenture Act of 1939, as amended, the trustee, Deutsche Bank Trust Company Americas, a corporation organized and existing under the laws of the State of New York, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of New York, and State of New York, on this 26th day of March, 2019.

DEUTSCHE BANK TRUST COMPANY AMERICAS

By: /s/ Luke Russell Name: Luke Russell Title: Assistant Vice President Exhibit 7

B o ard o f G o v ern o rs o f th e F ed eral R esrv e S y stem O MB N u m b er 7 1 0 0 -0 0 3 6 F ed eral D ep o sit In su ran ce C o rp o ratio n O MB N u m b er 3 0 6 4 -0 0 5 2 O fice o f th e C o m p tro ler o f th e C u ren cy O MB N u m b er 1 5 5 7 -0 0 8 1 A p p ro v al ex p ires F eb ru ary 2 8 , 2 0 1 9 P ag e 1 o f 8 4 F ed eral F in an cial In stiu tio n s E x am in atio n C o u n cil C o n so lid ated R ep o rts o f C o n d ito n an d In co m e fo r aB an k w ith D o m estic O fices O n ly —F F IE C 0 4 1 R ep o rt ah e clo se o f b u sin es D ecm b er 3 1 , 2 0 1 8 T h is rep o rt iseq u ired b y law : 1 2 U .S .C . § 3 2 4 (S tae m em b er b an k s); 1 2 U .S .C . § 1 8 1 7 (S tae n o n m em b er b an k s); 1 2 U .S .C . § 1 6 1 (N atio n al b an k s); an d 1 2 U .S .C . § 1 4 6 4 (S av in g s ao ciato n s). 2 0 1 8 1 2 3 1 (R C O N 9 9 9 9 ) U n les th e co n tex t in d icates o th erw ise, th e trm “b an k ” in th is rep o rt fo rm refsto b o th b an k s an d sav in g s ao ciato n s. T h is rep o rt fo rm isto b e fild b y b an k s w ith d o m estic o fices o n ly an d to tal co n so lid ated aseto f lesth an $ 1 0 0 b ilo n , ex cep t h o se b an k s th at fileh e F F IE C 0 5 1 . N O T E : E ach b an k ’s b o ard o f d irecto rs an d sen io r m an ag em en t aresp o n sib le fo r estab lish in g an d m ain tain in g an efctiv e sy stem o f in tern al co n tro l, in clu d in g co n tro ls o v er th e R ep o rts o f C o n d ito n an d In co m e. T h e R ep o rts o f C o n d ito n an d In co m e arto b e p rep ared in aco rd an ce w ith fed eral g u lato ry au th o rity in stru ctio n s. T h e R ep o rts o f C o n d ito n an d In co m e m u st b e sig n ed b y th e C h ief F in an cial O ficer (C F O ) o f th e rp o rtin g b an k (o r b y th e in d iv id u al p erfo rm in g an eq u iv alen t fu n ctio n ) an d atesd to b y n o t lesh an tw o d irecto rs (tu ste) fo r staen o n m em b er b an k s an d th re d irecto rs fo r staem em b er b an k s, n atio n al b an k s, an d sav in g s ao ciato n s. I,th e u n d ersig n ed C F O (o r eq u iv alen t) o f th e n am ed b an k , atesh at h e R ep o rts o f C o n d ito n an d In co m e (in clu d in g th e su p p o rtin g S ig n atu re o f C h ief F in an cial O ficer (o r E q u iv alen t) 0 1 /3 0 /2 0 1 9 D ate o f S ig n atu re sch ed u les) fo r th is rep o rt d ate h av e b en p rep ared in co n fo rm an ce w ith th e in stru ctio n s iu ed b y th e ap p ro p riate F ed eral g u lato ry au th o rity an d aretu e an d co rect o th e b est o f m y k n o w led g e an d b elif. We, th e u n d ersig n ed d irecto rs (tu ste), ao th e co rectn es o f th e R ep o rts o f C o n d ito n an d In co m e (in clu d in g th e su p p o rtin g sch ed u les) fo r th is rep o rt d ate n d d eclar th at h e R ep o rts o f C o n d ito n an d In co m e h av e b en ex am in ed b y u s an d to th e b est o f o u r k n o w led g e an d b elif h av e b en p rep ared in co n fo rm an ce w ith th e in stru ctio n s iu ed b y th e ap p ro p riate F ed eral g u lato ry au th o rity an d aretu e an d co rect. D irecto r (T ru ste) D irecto r (T ru ste) D irecto r (T ru ste) S u b m iso n o f R ep o rts E ach b an k m u st fileR ep o rts o f C o n d ito n an d In co m e (C al R ep o rt) d at b y eith er: (a)U sin g co m p u ter so ftw are to p rep are itsC al R ep o rt an d th en su b m itn g th e rp o rt d at d irectly to th e F F IE C ’s C en tral D at R ep o sito ry (C D R ), an In tern et-b ased sy stem fo r d at co lectio n (h tp s:/cd r.fiecg o v /cd r/), o r (b ) C o m p letin g itsC al R ep o rt in p ap er fo rm an d arn g in g w ith aso ftw are v en d o r o r an o th er p arty to co n v ert h e d at in to th e lctro n ic fo rm at h at cn b e p ro cesd b y th e C D R . T h e so ftw are v en d o r o r o th er p arty th en m u st elcro n icaly su b m it h e b an k ’s d at fileo th e C D R . F o r tech n ical stn ce w ith su b m iso n s to th e C D R , p leas co n tac h e C D R H elp D esk b y telp h o n e at(8 8 8 ) C D R -3 1 1 1 b, y fax at(7 0 3 7) 7 4 -3 9 4 6 o, r b y e-m ail tC D R .H elp @fiec.g o v . F D IC C ertifca N u m b er 6 2 3 (R S S D 9 0 5 0 ) T o fu lfi th e sig n atu re an d atesio n req u irem en t fo r th e R ep o rts o f C o n d ito n an d In co m e fo r th is rep o rt d ate, ch y o u r b an k ’s co m p letd sig n atu re p ag e (o r ap h o to co p y o r aco m p u ter g en eratd v ersio n o f th is p ag e) to th e h ard -co p y reco rd o f th e d at filesu b m ited to th e C D R th at y o u r b an k m u st p lace in itsfle.T h e ap p earn ce o f y o u r b an k ’s h ard -co p y reco rd o f th e su b m ited d at filen ed n o t m atch ex actly th e ap p earn ce o f th e F F IE C ’s am p le rp o rt fo rm s, b u t sh o u ld sh o w atlesh e cap tio n o f each C al R ep o rt iem an d th e rp o rted am o u n t. D E U T S C H E B A N K T R U S T C O MP A N Y A ME R IC A S L eg al T itle o f B an k (R S S D 9 0 1 7 ) N ew Y o rk C ity (R S S D 9 1 3 0 ) N Y 1 0 0 0 5 S tae A b b rev iato n (R S S D 9 2 0 0 ) Z ip C o d e (R S S D 9 2 2 0 ) L eg al E n tiy Id en tifer (L E I) 8 E WQ 2 U Q K S 0 7 A K K 8 A N H 8 1 (R ep o rt o n ly ify o u r in stiu tio n alred y h as n L E I.) (R C O N 9 2 2 4 ) T h e stim ated av erag e b u rd en aso ciated w ith th is n fo rm atio n co lectio n is5 5 .3 5 h o u rs p er sp o n d en t an d isex p ectd to v ary b y in stiu tio n , d ep en d in g o n in d iv id u al ciru m stan ces. B u rd en estim ates in clu d e th e tim e fo r ev iew in g in stru ctio n s, g ath erin g an d m ain tain in g d at in th e rq u ired fo rm , an d co m p letin g th e in fo rm atio n co lectio n , b u t ex clu d e th e tim e fo r co m p iln g an d m ain tain in g b u sin es rco rd s in th e n o rm al co u rse o f aresp o n d en t’s aciv ites. A F ed eral g en cy m ay n o t co n d u ct o r sp o n so r, an d an o rg an izato n (o r ap erso n ) isn o t req u ired to resp o n d to aco lectio n o f in fo rm atio n , u n les itd isp lay s acu ren tly v alid O MB co n tro l n u m b er. C o m m en ts co n cern in g th e acu racy o f th is b u rd en estim ate n d su g g estio n s fo r ed u cin g th is b u rd en sh o u ld b e d irectd to th e O fice o f In fo rm atio n an d R eg u lato ry A fairs, O fice o f Man ag em en t an d B u d g et, Wash in g to n , D C 2 0 5 0 3 , an d to o n e o f th e fo lo w in g : S ecrtay , B o ard o f G o v ern o rs o f th e F ed eral R esrv e S y stem , 2 0 th an d C S tres, N W, Wash in g to n , D C 2 0 5 5 1 ; L eg islatv e an d R eg u lato ry A n aly si D iv iso n , O fice o f th e C o m p tro ler o f th e C u ren cy , Wash in g to n , D C 2 0 2 1 9 ; A sitan t E x ecu tiv e S ecrtay , F ed eral D ep o sit In su ran ce C o rp o ratio n , Wash in g to n , D C 2 0 4 2 9 . 1 2 /2 0 1 8 F F IE C 0 4 1 P ag e 1 6 o f 8 4 R C -1 C o n so lid ated R ep o rt o f C o n d ito n fo r In su red B an k s an d S av in g s A so ciato n s fo r D ecm b er 3 1 , 2 0 1 8 A l sch ed u les arto b e rp o rted in th o u san d s o f d o lars. U n les o th erw ise n d icated , rep o rt h e am o u n t o u tsan d in g aso f th e lastb u sin es d ay o f th e q u arte. S ch ed u le R C —B aln ce S h et D o lar A m o u n ts in T h o u san d s R C O N A m o u n t A set 1 . C ash an d b aln ces d u e fro m d ep o sito ry in stiu tio n s (fro m S ch ed u le R C -A ): N o n in ters-b earin g b aln ces an d cu ren cy an d co in 0 0 8 1 a.(1 ). 5 1 ,0 0 0 1 .a In ters-b earin g b aln ces 0 0 7 1 b . (2 ) 1 7 ,5 3 7 ,0 0 0 1 .b . 2 . S ecu rites: a.H eld -to -m atu rity secu rites (fo m S ch ed u le R C -B , co lu m n A ) 1 7 5 4 0 2 .a b . A v ailb le-fo r-sale cu rites (fo m S ch ed u le R C -B , co lu m n D ). 1 7 7 3 0 2 .b . E q u ity secu rites w ith read ily d etrm in ab le fairv alu es n o t h eld fo r tad in g JA 2 2 c.(3 ). 5 ,0 0 0 2 .c 3 . F ed eral fu n d s o ld an d secu rites p u rch ased u n d er ag rem en ts o resl:a.F ed eral fu n d s o ld B 9 8 7 0 3 .a b . S ecu rites p u rch ased u n d er ag rem en ts o reslB 9 8 9 (4 ) 9 ,7 8 4 ,0 0 0 3 .b . 4 . L o an s an d leasfin an cin g reciv ab les (fro m S ch ed u Rle C -C a.L): o an s an d leash eld fo r sale.5 3 6 9 0 4 .a b . L o an s an d leash eld fo r in v estm en t B 5 2 8 1 0 ,2 1 8 ,0 0 0 4 .b . cL E S S : A lo w an ce fo r lo an an d leaso se 3 1 2 3 8 ,0 0 0 4 .c d . L o an s an d leash eld fo r in v estm en t, n et o f alo w an ce (itm 4 .b m in u s 4 .c) B 5 2 9 1 0 ,2 1 0 ,0 0 0 4 .d . 5 . T rad in g aset(fro m S ch ed u Rle C -D 3). 5 4 5 0 5 . 6 . P rem ise an d fix ed aset(in clu d in g cap italzed leas)2 1 4 5 2 2 ,0 0 0 6 . 7 . O th er alsto w n ed (fro m S ch ed u Rle C -M 2) 1 5 0 1 ,0 0 0 7 . 8 . In v estm en ts in u n co n so lid ated su b sid iares n d aso ciated co m p an ies 2 1 3 0 0 8 . 9 . D irect an d in d irect n v estm en ts in realstv en tu res 3 6 5 6 0 9 . 1 0 . In tan g ib le ast(fro m S ch ed u Rle C -M) 2 1 4 3 1 9 ,0 0 0 1 0 . 1 1 . O th er ast(fo m S ch ed u Rle C -F ) 2 1 6 0 1 ,5 5 2 ,0 0 0 1 1 . 1 2 . T o tal se(u m o f item s 1 th ro u g h 1 1 ) 2 1 7 0 3 9 ,1 8 1 ,0 0 0 1 2 . L iab iltes 1 3 . D ep o sit: a.In d o m estic o fices (u m o f to tals o f co lu m n s A an d C fro m S ch ed u Rle C -E ) 2 2 0 0 2 7 ,3 5 0 ,0 0 0 1 3 .a 6 6 3 1 (1 ) N o n in ters-b earin g (5 ). 1 7 ,5 8 7 ,0 0 0 1 3 .a(1 ) (2 ) In ters-b earin g .6 6 3 6 9 ,7 6 3 ,0 0 0 1 3 .a(2 ) b . N o t ap p licab le 1 4 . F ed eral fu n d s p u rch ased an d secu rites o ld u n d er ag rem en ts o rep u rch ase: F ed eral fu n d s p u rch ased B 9 9 3 a.(6 ). 1 ,0 1 1 ,0 0 0 1 4 .a S ecu rites o ld u n d er ag rem en ts o rep u rch ase B 9 9 5 b . (7 ) 0 1 4 .b . 1 5 . T rad in g liab iltes (fro m S ch ed u Rle C -D 3). 5 4 8 0 1 5 . 1 6 . O th er b o ro w ed m o n ey (in clu d es m o rtg ag e in d eb ted n es an d o b lig atio n s u n d er cap italzed leas)(fro m S ch ed u Rle C -M). 3 1 9 0 3 3 6 ,0 0 0 1 6 . 1 7 . an d 1 8 . N o t ap p licab le S u b o rd in ated n o tes an d d eb en tu res 3 2 0 0 1 9 . (8 ) .0 1 9 . 1 . In clu d es cah item s in p ro ces o f co lectio n an d u n p o sted d eb its. 2 . In clu d es tim e crtifaso f d ep o sit n o t h eld fo r tad in g . 3 . Item 2 .c isto b e co m p letd o n ly b y in stiu tio n s th at h av e ad o p ted A S U 2 0 1 6 -0 1 , w h ich in clu d es p ro v iso n s g o v ern in g th e aco u n tin g fo r in v estm en ts in eq u ity secu rites. S e th e in stru ctio n s fo r fu rth er d etail o n A S U 2 0 1 6 -0 1 . 4 . In clu d es alcu rites alg rem en ts, reg ard les o f m atu rity . 5 . In clu d es n o n in ters-b earin g d em an d , tim e, an d sav in g s d ep o sit. 6 . R ep o rt o v ern ig h t F ed eral H o m e L o an B an k ad v an ces in S ch ed u le R C , item 1 6 , “O th er b o ro w ed m o n ey .” 7 . In clu d es alcu rites p u rch ase g rem en ts, reg ard les o f m atu rity . 8 . In clu d es lim ited -life p refd sto ck an d relatd su rp lu s. 1 2 /2 0 1 8 F F IE C 0 4 1 P ag e 1 7 o f 8 4 R C -2 S ch ed u le R C —C o n tin u ed D o lar A m o u n ts in T h o u san d s R C O N A m o u n t L iab iltes—co n tin u ed 2 0 . O th er liab iltes (fro m S ch ed u Rle C -G ). 2 9 3 0 1 ,3 0 0 ,0 0 0 2 0 . 2 1 . T o tal ib iltes (u m o f item s 1 3 th ro u g h 2 0 ) 2 9 4 8 2 9 ,9 9 7 ,0 0 0 2 1 . 2 2 . N o t ap p licab le E q u ity C ap ital B an k E q u ity C ap ital 2 3 . P erp etu al p refd sto ck an d relatd su rp lu s 3 8 3 8 0 2 3 . 2 4 . C o m m o n sto ck . 3 2 3 0 2 ,1 2 7 ,0 0 0 2 4 . 2 5 . S u rp lu s (ex clu d e alsu rp lu s relatd to p refd sto ck ). 3 8 3 9 7 5 2 ,0 0 0 2 5 . 2 6 . aR etain ed earn in g s .3 6 3 2 6 ,3 0 6 ,0 0 0 2 6 .a b . A cu m u lated o th er co m p reh en siv e in co m e B 5 3 0 (1 ) .(1 ,0 0 0 ) 2 6 .b . O th er q u ity cap ital co m p o n en ts A 1 3 0 c.(2 ) 0 2 6 .c 2 7 . aT o tal b an k eq u ity cap ital (su m o f item s 2 3 th ro u g h 2 6 .c) 3 2 1 0 9 ,1 8 4 ,0 0 0 2 7 .a b . N o n co n tro lin g (m in o rity ) in ters in co n so lid ated su b sid iares. 3 0 0 0 0 2 7 .b . 2 8 . T o tal eq u ity cap ital (su m o f item s 2 7 .a n d 2 7 .b ). G 1 0 5 9 ,1 8 4 ,0 0 0 2 8 . 2 9 . T o tal ib iltes an d eq u ity cap ital (su m o f item s 2 1 an d 2 8 ). 3 3 0 0 3 9 ,1 8 1 ,0 0 0 2 9 . Mem o ran d a T o b e rp o rted w ith th e March R ep o rt o f C o n d ito n . 1 . In d icate n th e b o x ath e rig h t h e n u m b er o f th e stam en t b elo w th at b est d escrib es th e m o st co m p reh en siv e lv el o f au d itn g w o rk p erfo rm ed fo r th e b an k b y in d ep en d en t ex tern al u d ito rs ao f R C O N N u m b er an y d ate d u rin g 2 0 1 7 6 7 2 4 N A M.1 . 1 a = A n in teg rated au d it o f th e rp o rtin g in stiu tio n ’s fin an cial stem en ts an d itsn tern al co n tro l o v er fin an cial rep o rtin g co n d u cted in aco rd an ce w ith th e stan d ard s o f th e A m erican In stiu te o f C ertifd P u b lic A co u n tan ts (A IC P A ) o r P u b lic C o m p an y A co u n tin g O v ersig h t B o ard (P C A O B ) b y an in d ep en d en t p u b lic ao u n tan t h at su b m its arep o rt o n th e in stiu tio n 1 b = A n au d it o f th e rp o rtin g in stiu tio n ’s fin an cial stem en ts o n ly co n d u cted in aco rd an ce w ith th e au d itn g stan d ard s o f th e A IC P A o r th e P C A O B b y an in d ep en d en t p u b lic ao u n tan t h at su b m its arep o rt o n th e in stiu tio n 2 a = A n in teg rated au d it o f th e rp o rtin g in stiu tio n ’s p aren t h o ld in g co m p an y ’s co n so lid ated fin an cial stem en ts an d itsn tern al co n tro l o v er fin an cial rep o rtin g co n d u cted in aco rd an ce w ith th e stan d ard s o f th e A IC P A o r th e P C A O B b y an in d ep en d en t p u b lic ao u n tan t h at su b m its arep o rt o n th e co n so lid ated h o ld in g co m p an y (b u t n o t o n th e in stiu tio n sep artely ) 2 b = A n au d it o f th e rp o rtin g in stiu tio n ’s p aren t h o ld in g co m p an y ’s co n so lid ated fin an cial stem en ts o n ly co n d u cted in aco rd an ce w ith th e au d itn g stan d ard s o f th e A IC P A o r th e P C A O B b y an in d ep en d en t p u b lic ao u n tan t h at su b m its arep o rt o n th e co n so lid ated h o ld in g co m p an y (b u t n o t o n th e in stiu tio n sep artely ) 3 = T h is n u m b er isn o t o b e u sed 4 = D irecto rs’ ex am in atio n o f th e b an k co n d u cted in aco rd an ce w ith g en eraly acep ted au d itn g stan d ard s b y acertifd p u b lic ao u n tin g firm (m ay b e rq u ired b y stae-ch artein g au th o rity ) 5 = D irecto rs’ ex am in atio n o f th e b an k p erfo rm ed b y o th er x tern al u d ito rs (m ay b e rq u ired b y stae-ch artein g au th o rity ) 6 = R ev iew o f th e b an k ’s fin an cial stem en ts b y ex tern al u d ito rs 7 = C o m p ilato n o f th e b an k ’s fin an cial stem en ts b y ex tern al u d ito rs 8 = O th er au d it p ro ced u res (x clu d in g tax p rep artio n w o rk ) 9 = N o ex tern al u d it w o rk T o b e rp o rted w ith th e March R ep o rt o f C o n d ito n . R C O N D ate 2 . B an k ’s ficaly ear-n d d ate (rp o rt h e d ate in MMD D fo rm at). 8 6 7 8 N A M.2 . 1 . In clu d es, b u t isn o t lim ited to , n et u n realizd h o ld in g g ain s (lo se) o n av ailb le-fo secur-al rites, acu m u lated n et g ain s (lo se) o n cash flo w h ed g es, an d acu m u lated d efin ed b en efit p en sio n an d o th er p o streim en t p lan ad ju stm en ts. 2 . In clu d es trau ry sto ck an d u n earn ed E m p lo y e S to ck O w n ersh ip P lan sh ares. 0 3 /2 0 1 8