UNITED STATES OFFICE or GOVERNMENT ETHICS ., Li . CERTIFICATE OF DIVESTITURE Certi?cate No. OGE-2017-007 (To replace Certi?cate No. ELIGIBLE PERSON: Jared C. Kushner DATE OF ISSUANCE: i White House Of?ce DIVESTITURE PROPERTY: [The divestiture property is identi?ed in the attachment to this Certificate] This Certi?cate of Divestiture is issued in accordance with section 1. 043 of the Internal Revenue Code of 1986 and 5 C.F.R. 2634.1002 with respect to the speci?c property described above. I hereby determine that the divestiture of the described property is reasonably necessary to comply with 18 U.S.C. 208, or other applicable Federal con?ict of interest statutes, regulations, rules, or executive orders. Note that section 1043 of the Internal Revenue Code and the rules of subpart of 5 C.F.R. Part 2634 provide for nonrecognition of gain in the case of sales to comply with con?ict of interest requirements. The rules of Subpart relate to the issuance of Certi?cates of Divestiture and the permitted property into which a reinvestment must be made during the 60?day period beginning on the date of such a sale in order for nonrecognition to be permitted. Such reinvestments are called rollovers, and are limited to obligations of the United States and diversi?ed investment funds as de?ned in 5 C.F.R. 2634.1003. The substantive and procedural rules relating to the tax aspects of such sales and rollovers pursuant to the statutory scheme are subject to the jurisdiction of the Internal Revenue Service. Eligible persons should seek the advice of their personal tax advisors for guidance as to the tax aspects of divestiture transactions and whether proposed acquisitions meet the requirements for permitted property. Internal Revenue Service regulations and other guidance should be consulted as to these matters. Internal Revenue Service requirements for reporting dispositions of property and making an election not to recognize gain under section 1043 (IRS Form 8824) must be followed by eligible persons wishing to make such an election. David J. Ap?ly General Counsel cc: Deputy Counsel to the President, White House Of?1201 NEW YORK AVE SUITE 500 DC '20005 Attachment OGE-2017-OO7 100% of all ?nancial interests in JKM Capital, LLC, that you hold as of the date of this Certi?cate of Divestiture - 100% of all ?nancial interests in Thrive Partners 11 GP, LLC, that you hold as of the date of this Certi?cate of Divestiture 100% of all ?nancial interests in Thrive Partners 111 GP, LLC, that you hold as of the date of this Certi?cate of Divestiture - 100% of all ?nancial interests in Thrive IV LLC that you hold as of the date of this Certi?cate of Divestiture 100% of all ?nancial interests in JK Thrive LLC that you hold as of the date of this Certi?cate of Divestiture 0 112,376 shares, Regal Bank 0 100% of all ?nancial interests in Broadband Proliferation Partners, LLC, that you hold as of the date of this Certi?cate of Divestiture 100% of all ?nancial interests in BF PS Ventures LLC that you hold as of the date of this Certi?cate of Divestiture