л¤ЯА▒р>■  ■   ■                                                                                                                                                                                                                                                                                                                                                                                                                                                    l ╔р┴┐└Р\pThe Free Software Foundation BСю=PF0*8X@Ї"и┌1┤љ Helvetica1┤љCourier1┤љ Courier New1┤╝ Courier New1┤љ Helvetica$#,##0_);($#,##0)$#,##0_);[Red]($#,##0)$#,##0.00_);($#,##0.00)$#,##0.00_);[Red]($#,##0.00)-**_($* #,##0_);_($* (#,##0);_($* "-"_);_(@_)*)'_(* #,##0_);_(* (#,##0);_(* "-"_);_(@_)5,2_($* #,##0.00_);_($* (#,##0.00);_($* "-"??_);_(@_)2+/_(* #,##0.00_);_(* (#,##0.00);_(* "-"??_);_(@_)2$#,##0.00;[Red]$#,##0.003$#,##0.00;[Red]($#,##0.00)4$#,##0;[Red]($#,##00)50.00%;[Red](0.00%)6 0%;[Red](0%)7#,##0.00;[Red](#,##0.00)8#,##0;[Red](#,##0)Яш  └ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Яш  З└ Я └ Я+ш  Э└ Я)ш  Э└ Я,ш  Э└ Я*ш  Э└ Я ш  Э└ Я лѕ ~~┐Я пѕ ~~┐Я#пѕ ~~┐Я пѕ ~~┐Я7#▄ѕ ~~┐Њђ Њђ Њђ Њђ Њђ Њђ њР8            ђђђђђђђђђ└└└ђђђЎЎ Ў3f  ╠╠  ff ђђf╠╠╠ ђ      ђђђђђ ╠ ╠  ╠ ╠  ЎЎ╠  Ў╠╠Ў  ╠Ў3f 3╠╠Ў╠ ╠ Ў fffЎќќќ3f3Ўf333Ў3Ў3f33ЎКККЁ&ЫItem 203 Creation of a Direct FЁ< The CompanyЁ BRFBR l ╔ )9╔  dЧЕымMbP?_*+ѓђ% Ђ└ї,Ђ┴Ѓё&┬┘Гe2┘?'┬┘Гe2┘?(┬┘Гe2┘?)┬┘Гe2┘?А",D/Я?Я?С The CompanyBRFBRU } I } $ } I; )ррррррррр р р р р ррррррррррррррррррр B. Riley Financial, Inc. 8-K 12/19/2017kcItem 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Ar Exhibit   Description No.   џЎЎЎЎЎы? 1 )At Market Issuance Sales Agreement, dated  5 -December 18, 2017, by and between the Companyand B. Riley FBR, Inc.ffffff@91Form of 7.25% Senior Notes due 2027 (incorporated4,by reference to Exhibit 4.1 to the Company?s4,Current Report on Form 8-K filed on December 13, 2017).═╠╠╠╠╠@80Form of 7.50% Senior Note due 2027 (incorporated4,by reference to Exhibit 4.1 to the Company?s3+Current Report on Form 8-K filed on May 31,~ є333333@80Form of 7.50% Senior Note due 2021 (incorporated4,by reference to Exhibit 4.2 to the Company?s4,Current Report on Form 8-K filed on November 2, 2016).ffffff@+#Opinion of Morrison & Foerster LLP.ОD№l▄ ═ и Ф < 0 $  З■Й■»■Ќ■D■з§╣§А§F§ШЧдЧxЧTЧЩчфч[ч5чч├ЩsЩ#ЩШщ р!р"р#р$р%р&р'р(р  !џЎЎЎЎ7@!1!)Consent of Morrison & Foerster LLP to the""0"(filing of Exhibit 5.1 herewith (included###in Exhibit 5.1).$%$&____________________________1')Created by Morningstar Document Research.0((http://documentresearch.morningstar.com/ОHаУ Ћ I    §■Н■=PF0*8X> Х@т((''&& l ╔ љ  dЧЕымMbP?_*+ѓђ% Ђ└ї,Ђ┴Ѓё&┬┘Гe2┘?'┬┘Гe2┘?(┬┘Гe2┘?)┬┘Гe2┘?А",D/Я?Я?С!Item 203 Creation of a Direct FBRFBRU } ¤} ! ррррррррр р р р р ррррррр B. Riley Financial, Inc. 8-K 12/19/2017 The CompanyBryant R. Rileybrriley@brileyco.com   Phil Ahn pahn@greatamerican.com    Alan Forman aforman@brileyfin.com  Howard Weitzman#hweitzman@greatamerican.com$____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/О,Ч|▄ ═ и Ф ћ ѕ | p 5  у■¤■Ќ■■=■1■%■§§=PF0*8X> Х@т l ╔ Щ  dЧЕымMbP?_*+ѓђ% Ђ└ї,Ђ┴Ѓё&┬┘Гe2┘?'┬┘Гe2┘?(┬┘Гe2┘?)┬┘Гe2┘?А",D/Я?Я?С!Item 203 Creation of a Direct F The CompanyU } } є ррррррррр р р р р ррррр B. Riley Financial, Inc. 8-K 12/19/2017 BRFBRPatrice McNicollpmcnicoll@brileyfbr.com    Ryan Loforte rloforte@brileyfbr.com   Keith Pompliano kpompliano@brileyfbr.com $____________________________1)Created by Morningstar Document Research.0(http://documentresearch.morningstar.com/О(ЃT▄ ═ и Ф џ ј ѓ v 7  т■═■ј■ѓ■v■N■=PF0*8X> Х@т Root Entry         └F■   Book               ■   ■   §