Statement :
No cup is a medal.
All medals are trophies.
No trophy is a shield.
Some shield are prizes.
Conclusion:
Some medals are shields.
Some medals are not shields.
Some trophies being cups is a possibility.
All trophies may be prizes.
All medals are trophies(A) + No trophy is a shield(E)`=>` No medal is a shield`=>` I.I.`=>` No shield is a medal`=>` conversion`=>` Some medals are not shields(O). Hence, conclusion I will not follow but conclusion II will follow. No cup is a medal(E) + All medals are trophies(A)`=>` Some trophies are not cups(O*)`=>` Probable conclusion`=>` Some trophies being cups is a possibility(I). Hence, conclusion III will follow. No trophy is a shield(E) + Some shield are prizes(I)`=>` Some prizes are not trophies(O*)`=>` Probable conclusion`=>` All trophies may be prizes. Hence, conclusion IV will follow.
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