23-24 MAY 2019GRAND KRASNAPOLSKY HOTEL, DAM 1, AMSTERDAM, THE NETHERLANDS

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Lead the revolution: join us for a summer of love and great deals in Amsterdam at TXF Global Commodity Finance 2019.

The most valuable networking opportunities and exciting content is returning to Amsterdam on the 23-24 May 2019. This year we’re all putting flowers in our hair and rebelling against stale session formats – make your voice heard in intimate idea labs, deal case studies and workshops that will

get you talking to the biggest players in the market.

Overview

Top Speakers

Niels de RuPartner

ALLEN & OVERY

Maarten KoningLead Head Structured Commodities Finance

ING BANK

Karel ValkenGlobal Head TCF Agri

RABOBANK

Harris AntoniouCEO

AMSTERDAM TRADE BANK

Jonathan SolomonPartnerREED

SMITH

Kris Van Broekhoven Managing Director, Global Head of Commodity Trade

FinanceCITI

John GoodridgeHead of Marketing &

Origination, West AfricaBP OIL INTERNATIONAL

LTD

Jean-Francois Lambert CEO

LAMBERTCOMMODITIES

Simon BessantDirectorTEXEL

FINANCE LTD

Bob AnglissDeputy Head of Commodity

CentreBANK OF CHINA

Why attend?

What’s new?

Leaders of industry Our speakers are the

biggest and brightest stars of global commodity finance

and they’re heading to the streets to share their

knowledge with you.

Soulful sessions with a twist

Don’t just sit back and listen, we’re adding more interactive sessions to get people talking and some formats you won’t have

seen before.

Examine award-winning deals

Learn from the best deals of the year in our focused case

study sessions.

The best guest list in commodity finance Meet 500+ of the most

senior traders, producers, financiers, insurers and

law firms looking for new investment.

Psychedelic industry dinner and awards Celebrate with top deal-makers. Could you be a

winner?

Say namaste with our networking app

With 500+ people to meet you’ll need to get organised.

Use the app to schedule meetings ahead of time, saving more energy for

spontaneous networking on the day.

Getting your house in orderA workshop-style session to review regulation and what you need to do to stay compliant.

Expert duelsWatch the titans of industry battle it out

in our quick fire one-on-one debates. Who will sway the crowd with their knowledge

of the market?

Fight the powerKeynote debates are sure to get the

conversation started - argue your case and bring the house down in our new session

format.

How did you rate last year’s disco?

400+Guests

50+Speakers

50%+Corporates

The one to be at for commodity financing

Peter Köck, VA Intertrading Aktiengesellschaft

Christiaan van den Brink, Maersk

Perfect place for efficient networking

Wim KokAmsterdam Trade Bank

Energy and passion the backbone of the commodity

industry

Melinda MooreCleanUp Commodities

TXF manages to combine youthful and energy with considered, innovative and interactive to ensure both the industry trends and the wider backdrop are all discussed. Everyone can feel

part of the conversation

A must for networking and being up-to-date in the commodity trade

business

Stefan SchweigertLBBW

Harrison David, Aon

Thanks to TXF for hosting a wonderful conference. Great compilation of

interesting content and networking opportunities meant that the event was

highly enjoyableAndy LennardTexel Finance Ltd.

The premier event for commodities and structured trade

170+Companies

Plus, 31 lovely people gave us the full 10/10 for the networking opportunities.25% of our guests gave us the perfect score for the event overall.

96% gave us 8/10 and higher.

Plus, 31 lovely people gave us the full 10/10 for the networking opportunities.

25% of our guests gave us the perfect score for the event overall. 96% gave us 8/10 and higher.

Overall, our guests rated TXF Amsterdam 2018 9/10 for networking. Right on!

Top 10 takeaways from 2018: what did the market have to say?

Coal will continue to be used for decades to come.

There is an ever-increasing amount of risk to deal with.

5.

8.

10.

4.

7.

6.

9.

The additional risk elements and the issues of resource

nationalism provides significantly increased

opportunities for the private insurance market.

The commodity market is currently seeing record levels within the dry bulk shipping sector. However, potential trade wars andsanctions could impact

the dry bulk dry shipping pick-up.

Local banks are becoming stronger in commodity

and structured commodity finance. We are also seeing

an increasing usage ofbonds in commodity

finance - where the capital markets have opened up.

Chinese consumption will continue to drive the world

commodity market. But India is climbing fast and in certain commodities is also booming - which presents considerable,

very interesting opportunities for traders

and financiers alike.There is an increasing pull to sustainability within the

commodity sector.

1.

Structured commodity finance (SCF) is

continuing on a growth path – with over 50% of

delegates saying that SCF business is bigger than a

year ago.

The development of mature structured commodity

finance products in Asia is fostering collaboration

between banks to bring new borrowers to the

market.

2.

3.

Traders are helping to fill the financing gap on the SME and small producers

side.

Cool cats that joined us in 2018(2019 crowd coming soon)

Acemar

Alpicom

Altis Group International

Alvean Sugar

Amaggi S. A.

Ameropa AG

Anthos

Archer Daniels Midland

Axpo

Barak Fund Management

Bluequest Resources AG

BP

Bunge

CleanUp Commodities

Clearsource

Clevis Research

COFCO

Coriolis Technologies Limited

Count Energy Trading

Cronimet Mining AG

Damen Shipyards Group

Dtek Holdings

Dubai Multi Commodities

Centre

Duferco

ECOM Agroindustrial

Corporation

EMI Procurement Services B.V.

ERG

Gazprom Neft Trading

Gerald Group

Glencore

Global Trade Corporation

Gunvor

Halotrade

Hermes-Trading TOV

ICIS

Integral Petroleum S.A.

Interfood

INTIX

IX Metals

Kaz Minerals

Kenergy Renewables

Kingbird Commodities

KME Group

Latour Commodities Advisory

Pte Ltd

Litasco

Louis Dreyfus Commodities

Macoil International S.A.

Maersk

Mercon B.V.

MET Group

Metinvest

Myronivsky Hliboproduct (MHP)

Natural Resources Governance

Institute

Nedcoffee

Ocean Partners

Oil Marketing & Trading

International LLC

Oliva AD

Oman Oil Company Exploration and Production ( OOCEP )

OMV Supply & Trading Ltd

Petrochina UK

Petroineos Trading Limited

Philia

Philips Capital

Raffemet

Reukema

Rhodium Resources Pte Ltd

Satoshi Systems

Shandong Qingyuan Group

Shell International Trading

SOCAR Trading

Sumitomo Corporation

TELF

TMT Metals

Total

TOTSA

TradeWiz

Trafigura Pte

Uralkali Trading

VA Intertrading

Aktiengesellschaft

Varo Energy

ViOil Holding Limited

Westford Trade Services LTD

The itinerary(even free-spirits need a plan)

Ice-breaker drinks and walking tourIt was the night before TXF Global Commodity Finance... but nothing will be quiet in Amsterdam. Take a stroll around the canels and pop in for a relaxing drink before this may the true work begins...

22 May

Morning agenda day 1 The first day dawns bringing new business cards aplenty. Day 1’s agenda will be a sea of senior speakers and intense roundtable disscussions - oh and plenty of time to grab a coffee and chat.

Evening industry dinner and awardsIn the evening come along to our Awards ceremony and industry dinner. Just don’t forget to register! (PTO for more info)

23 May

Agenda day 2Luckily the fun don’t stop on day 2 - peel yourself out of bed for more quality content, coffee and commodity talk. When it’s all over it won’t be goodbye - we’ll send you the results of audience response survey and photos after the event. Promise you’ll let us know what you think?

24 May

Take note - to attend the industry dinner and awards ceremony in 2019, you will need to confirm your attendance via our booking page.This year we’re introducing a €100 charitable donation to registrations for the dinner so we can do good while smoothing out the RSVP process. In the spirit of equality, everyone will need to register and confirm their attendance. That includes you! For more information give us a ring on +44 (0)203 735 5180 or send us an email we can take you through the registration process.

Could you be recognised as a leading deal-maker this year? Winning deals are submitted and assessed by our editorial team and by you! You can vote for your favourite deals via our platform tagmydeals.com.

More details on our perfect 10 awards can be found here

It’s time to let your hair out and get down with the power of the flower. Our Perfect 10

Deals of the Year awards will be announced this evening, representing the most innovative and exciting deals in the marketplace. So let’s celebrate the achievements of our industry in style.

Dinner and entertainmentGet to know your fellow guests with some great food, drinks and relaxed entertainment. Last year we had a sparkling disco theme to get everyone in the mood for networking, in 2019 it’ll be tie-dye t-shirts and strumming guitars.

And to make the evening extra special, you can bagsy your own table just for you and your clients.

Get in touch with Charlie to find out more

Industry dinner & awards23 May 2019

Grand Krasnapolsky Hotel, Amsterdam

AgendaDAY 1

COFFEE & REGISTRATIONDon’t forget to bring your business card to register! Once you’ve got your badge, help yourself to a coffee and croissant and start mingling.

OPENING REMARKSWELCOME TO TXF GLOBAL COMMODITY FINANCE 2019!TXF’s Editor-in-Chief, Jonathan Bell, provides an overview of what you can expect from this two day extravaganza dedicated to all things natural resources and commodities finance.Jonathan Bell, Editor-in-chief, TXF

KEYNOTE ADDRESSA 2020 VISION: THE FUTURE OF COMMODITIES IN FOCUSFrom politics to climates, regulations to technologies; the commodity finance market is currently awash with change. This keynote address looks to the future of the commodities industry and highlights the exciting opportunities which are being presented to those willing to embrace change.

LIVE AUDIENCE SURVEYCAPTURING THE PULSE OF THE INDUSTRYThis session is a chance to take stock and hear your thoughts on the key trends which are shaping the commodity finance landscape. With representatives pres-ent from all corners of the industry, this anonymous live survey is a chance to capture the pulse of the market. So grab your keypads and start voting!Hesham Zakai, Managing Director, TXF

KEYNOTE TRADERS’ PANELADAPT OR DIE: PROFILING THE MODERN DAY TRADING HOUSEWith bankers prioritising quality over quantity when it comes to financing

deals, we’re seeing traders face increasingly competitive margins. We ask this panel of global traders to provide their views on the drivers behind current market forces and explain their strategies for staying ahead in an increasingly competitive market:

• What opportunities does the current high volatility climate present to traders?

• Faced with increasingly transparent markets and compressed margins, how are traders adapting their business models and becoming more downstream focused?

• Is consolidation and a focus towards scale necessary for the health of the market?

• Which financing structures are proving popular and how does this differ

region to region?

• What lessons can be learned from defaults and losses from high profile traders in 2018?

• How are traders utilising their financing knowledge to structure deals for other traders?

• How important is reputational risk when it comes to accessing cheap debt?

• How is investment in technology helping to drive down costs and improve profitability?Olivier Boujol, MD/VP & Global Head - Structured Trade Finance, Archer Daniels MidlandTawfik Sadfi, Head of Finance, GunvorPhilippe Penet, CFO & Treasurer, SucafinaAlexander Peters , Finance Director, Arrow Metals AGModerator: Hesham Zakai, Managing Director, TXF

INTRODUCING...***THE GREAT TXF DEBATE OFF***

ROUND 1In this brand new session format, industry experts go head to head to be crowned the 2019 ‘Great TXF Debate Off’ champion. A light-hearted way of tackling serious industry issues, competitors will use their elocution skills and powers of persuasion to argue their views on a series of pre-assigned topics. The winner, determined by audience vote, will progress to the next round and ultimately aim to compete for the prestigious crown.

NETWORKING COFFEE BREAKThe full delegate list will be released in advance. Ask us about our networking app which helps you get in touch with other delegates and set up meetings.

PRODUCER PERSPECTIVESIS CONSOLIDATION AMONGST

TRADERS A CAUSE FOR CONCERN?When it comes to accessing financing, commodity producers have tradition-ally relied on their relationships with trading houses in order to market themselves. Consolidation amongst traders poses a serious risk to produc-ers being able to maintain the credit lines which form their lifeblood. This panel of small, medium and large com-modity producers provide an insight into current market dynamics and discuss the important role that trader financing provides to them:

• How has access to and cost of financing changed for producers in

recent years?

• How does this differ across small,

medium and large traders?

• How is technology helping produc-ers take advantage of transparent market information and demand fair

prices?

• Have there been any shifts in the

costs of production?

• Have producers been helped or hin-

dered by geopolitical current affairs?

• What are the key risks for produc-ers today?Pierpaolo Di Fabio, CFO, KME Group

INSURING THE NEW COMMODITIES CYCLETHE EVOLVING RISK MITAGION DEMANDS OF TRADERS & PRODUCERSAs the commodity trading landscape continues to evolve, so too do the risk mitigation demands of traders and producers. This panel of insurance buyers and providers discuss how the insurance market can continue to best serve the risk mitigation needs of the commodity finance market and safe-guard its future.

• Which sectors are proving popular for insurance requests and which juris-dictions are insurers avoiding?

• How are the demands of traders and producers evolving when it comes to the sophistication of insurance coverage?

• How are insurers evolving the way they assess potential clients?

• What measures can corporates take to ensure they have better access to insurance?

• How are insurers managing their exposure relative to capital relief and how will this be impacted by Basel IV?Robert Frank, Global Head of Insurance/Risk Mitigation, Gerald GroupSimon Bessant, Director, Texel Finance

PLENARY STREAMMANAGING RISK IN A GLOBALISED

COMMODITY MARKET

NAVIGATING THE SANCTIONS LANDSCAPEThe recent re-imposition of US sanc-tions on Iran brings this topic back to the fore. From Russia to Cuba to Iran, this workshop helps you map out the current sanctions climate and provides practical advice for staying compliant when operating a doing deals in sanc-tioned jurisdictions.

LUNCH

FINANCING TRENDSWHAT’S KEEPING BANKERS UP AT NIGHT?According to TXF data, deal volumes across the market fell by 6% in 2018 year-on-year and total deals closed fell by one third. A cocktail of market volatility, geopolitical tensions, increasing competition from alternative liquidity sources and changing shareholder demands is clearly causing a flight to quality from commodity finance banks. We ask global heads to state their mandate and explain the key drivers behind their financing decisions.

• How can banks continue to supply cheap funding whilst still satisfying shareholder demands?

• How are approaches to financing differing region to region and bank to bank?

• Which deal structures are proving popular and does the increase in SCTF refinancings into the bond market signal the end of structured finance?

• Would the banking market benefit from increased transparency and the sharing of bilateral deal data?John MacNamara, Managing Director, Global Head of Structured Commodity Trade Finance, Deutsche BankKris Van Broekhoven, Managing Director, Global Head of Commodity Trade Finance, CitiHarris Antoniou, CEO, Amsterdam Trade BankMaarten Koning, Lead Head Structured Commodities Finance, ING BankBob Angliss, Deputy Head of Commodity Centre, Bank of ChinaKarel Valken, Global Head TCF Agri, RabobankModerator: Jean-Francois Lambert, CEO, Lambert Commodities

INDUSTRY ROUNDTABLESDelegates can choose which of these discussion groups they would like to attend. Each

one will be led by an expert in their respective field.

BLOCKCHAIN & DIGITISATION MARKET MOVERS PERFECT 10 DEAL

CASE STUDIES

HARVESTING THE BENEFITS OF BLOCKCHAINWith approximately 30% of bulk commodities being lost due to inefficiencies in the supply chain, soft commodity tradingis ripe for innovation. Blockchain technology has often been touted as a way of streamlining the ‘farm to fork’ process andincreasing efficiency, transparency and security in all aspects of the supply chain. This session looks at real life examples ofhow this is being done and provides advice on how your company can begin to implement these processes.

THIS IS A CARBON FREE ZONE RIDING THE LNG WAVEAs consumer demands shift to cleaner, more sustainable forms of energy, the movement towards decarbonisation is gathering pace. One of the beneficiaries of this movement has been the liquified natural gas market and with China recently announcing its plan to quadruple imports over the next four years, the boom is seemingly set to continue.

Join your peers in a discussion on the latest movements in the shift towards decarbonisations and find out what opportunities are being presented to those investing in the LNG market.

PERFECT 10 DEAL OF THE YEARThe TXF Perfect 10 Deal of the Year Awards aim to recognise and reward innovation in the commodity finance industry. This case study session is a chance to hear what it takes to put together a winning deal. Bankers, borrowers and law firms share their experiences of working on the deal and answer any and all of your questions.

The deal in focus will be revealed in February, upon announcement of the award winners.

Please contact henry.nichol@txfmedia.com for more information on the Perfect 10 deals of the year and how you can have your deal profiled.

HOW MINEHUB ARE TRANSFORMING THE METALS & MINING VALUE CHAINThe $1.8 trillion global metals and mining market is synonymous with complexity. The process of transporting products along the supply chain is traditionally characterised by manual processes, fraud and delays. With the launch of Minehub’s latest blockchain based platform, this is soon to change. This session looks at how the metals and mining industry is undergoing a transformational change at the hands of blockchain and what it could mean for market players:• What is the timeframe for implementation of the platform and when can we expect to see the first transaction completed?• What are the inherent challenges involved along the metals and mining supply chain and what makes blockchain the perfect solution to these? • As and when new platforms are launched, how can we ensure interoperability across the ecosystem from corporate producers operating in the developing world all the way to global banking institutions?

ALL ABOARD THE ELECTRIC BANDWAGONTHE RISE OF THE EV METALS: CO, Li, C, Ni, CuWith sales of electric vehicles forecast to hit 11 million by 2025, traders are looking to jump on the electric bandwagon and capitalise on the rising demand for EV metals. However, with half of the world’s cobalt reserves being produced in the dangerously unstable DRC and with China restricting their exports of rare-earths, how are traders navigating these challenges? Join your peers in a discussion on the EV metal revolution and find out how your company could benefit from this exciting market mover.

PERFECT 10 DEAL OF THE YEARThe TXF Perfect 10 Deal of the Year Awards aim to recognise and reward innovation in the commodity finance industry. This case study session is a chance to hear what it takes to put together a winning deal. Bankers, borrowers and law firms share their experiences of working on the deal and answer any and all of your questions.The deal in focus will be revealed in February, upon announcement of the award winners.Please contact henry.nichol@txfmedia.com for more information on the Perfect 10 deals of the year and how you can have your deal profiled.

NETWORKING COFFEE BREAK

***THE GREAT TXF DEBATE OFF***ROUND 2

DAY 2

DEAL OR NO DEALA PRACTICAL GUIDE TO FINANCINGA staple of TXF events, this session is a fun and interactive way to look at pricing and deal making. We present a panel of industry experts with a series of hypothetical commodity finance deals. Their task is to decide whether they would do the deal and, if so, how they would price it.

STATE OF THE MARKETTHE KEY DRIVERS BEHIND RECENT MARKET VOLATILITYAs geopolitical tensions continue to rise, uncertainty and volatility remains a key

feature of the commodities markets. This presentation highlights some of the

primary drivers behind recent market volatility. Examples include:

• The fall in US ethanol exports to Brazil from 24 million gallons a month to

4000 gallons a month.

• The state of the UK gas market in the wake recent market defaults.

• Global LNG flows and the movement towards decarbonisation.

• The electric vehicle hype and the subsequent boom of cobalt and lithium.

OPENING REMARKSWELCOME TO DAY TWO!Jonathan Bell, Editor-in-chief, TXF

COFFEE & REGISTRATION

COCKTAIL RECEPTION, INDUSTRY DINNER & PERFECT 10 DEALS OF THE YEAR AWARD CEREMONYJoin us after day one for our famous industry dinner and the Perfect 10 awards ceremony. is it? This is a chance to network in a relaxed atmosphere with drinks, food and maybe even some dancing.

INDUSTRY DUELTHIS HOUSE BELIEVES THAT CONSOLIDATION IS A NECESSARY EVIL2018 was an unprecedented year for consolidation in both the insurance and commodities markets. As competition in these markets intensifies, this trend could be set to continue. The first of our oxford style debates pits two teams against each other to argue whether consolidation is ultimately beneficial for the future health of the commodity market. The team that manages to sway the largest proportion of the audience will be deemed the winner.

COMMODITY FUND FALLOUT: SEEKING DIVINE REDEMPTIONAs we witness a flight to quality from banks in response to stringent Basel capital requirements, the alternative finance space is often the only viable option for small and medium sized traders looking to finance projects in riskier jurisdictions. However, a spate of redemptions from key institutional investors in the commodity fund market and the winding down of BAF Capital’s BLTFF fund, raises serious questions over the viability of this product type. We ask fund managers, institutional investors and borrowers to share their views on the development of the alternative financing space:

• How are funds set to contend with rising global interest rates?

• How are funds appealing to institutional investors to fill the shortfall left by Shinhan Capital’s $1.3 billion redemption?

• What is driving investors to redeem their capital and is it always an indication of poor performance?

• In light of BAF Capital’s retreat from the commodity finance space, is consoli-dation amongst funds an inevitable eventuality?

• What benefits does the alternative finance space bring over traditional bank financing for commodity traders and producers?

***THE GREAT TXF DEBATE OFF***ROUND 3

NETWORKING COFFEE BREAK

REGIONAL FOCUSCHINA

Delegates can choose which of these China focused roundtables they would like to attend. Each one will be lead by an expert in their respective field and will highlight the

growing importance of China as a major player in the commodity market.

REGULATORY REVIEWGETTING YOUR HOUSE IN ORDER1. BASEL IVThe proposed tightening of minimum capital requirements under Basel IV is set to come into play in 2019. Serious questions remain over how the impending changes will impact banks’ ability to finance commodity trade, particularly in developing countries. This session is a chance to answer these questions and find out how you should be preparing your business to stay compliant.

2. IMO 2020On 1st January 2020, the International Maritime Organisation will implement a new regulation for a 0.50% global sulphur cap for marine fuels. As stakeholders gear up for the change, major shifts in market forces can be expected bringing with it volatility. This session will help you get your house in order by highlight-ing some of the opportunities that IMO2020 is presenting to the market as well as the potential impact on the cost of trading commodities going forward.

THE US-CHINA TRADE WARWith the US and China locked in a fierce tariff war, the recent 90 day hiatus came as a welcome relief to an escalating situation. Despite this, many questions have been raised off the back of it. One of the principle ones is how China can continue to fund its dollar debt addiction? With $1.2 trillion dollars of debt needed to be rolled over in 2019, could we see a situation in which China moves away from its dollar dependence and become a commodities price setter in its own right?

THE AFRICAN INVESTMENT REVOLUTIONWith China pledging $60 billion towards investment in Africa over the next few years, President Xi is pinning his hopes on the success of a continent traditionally overlooked by the western world. With accusations of modern day colonialism and debt trap diplomacy, questions remain over the legitimacy of China’s interests in the continent.

THE BELT AND ROAD INITIATIVEDubbed the ‘Chinese Marshall Plan’, President Xi’s plan to connect Asia, Africa and Europe through the belt and road initiative is not without its sceptics. In spite of this, it cannot be denied that the initiative is set to transform the way commodities are traded globally.

NETWORKING LUNCH

INDUSTRY DUELTHIS HOUSE BELIEVES THAT 2019 WILL SEE THE END OF THE ABCDsMassive inventories, tightening margins and falling profits. This is the grim real-ity facing agri traders in 2019. In the second of our industry duels, two teams of experts will face off to debate the future of the agri trading market, whether or not 2019 will see the end of the ABCD dominance and ultimately whether the traditional pure agri trading model is dead. The team that manages to sway the largest proportion of the audience will be deemed the winner.

CLOSING REMARKSTOP TAKEAWAYS FROM TXF GLOBAL COMMODITY FINANCE 2019Jonathan Bell brings the event to a close by providing a summary of the key discussion points from across the two days. A post-conference report will be shared with delegates after the conference.Jonathan Bell, Editor-in-chief, TXF

***THE GREAT TXF DEBATE OFF***GRAND FINAL

Excluding the industry dinner

Launch PriceExpire 15/03/2019

€3,199.00+VAT

Excluding the industry dinner

Early Bird priceExpires 12/04/2019

€3,399.00+VAT

Give Henry a bell if you think you have what it takes to lead the revolution as a speaker. HENRY NICHOL

henry.nichol@txfmedia.com

Get me on the guest list

Chat to the team

Say the word to Charlie and we’ll see you there as a sponsor.

CHARLES OSBORNE

charles.osborne@txfmedia.com

Let’s get chatting for group bookings, media partnerships, and compliments on this brochure you can get in touch with me.KATE HAFFENDEN

kate.haffenden@txfmedia.com

Need a place to stay and help on site? Speak to our operations wizard:GRACE JACKSON

grace.jackson@txfmedia.com

*excluding €100 registration fee for the Industy Dinner. To make sure you register for the dinner, please select the dinner option on the

website or get in touch with the team.

Click here to register

+44(0)203 735 8100

Excluding the industry dinner

Full price

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