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sd-10-EFTA01421607Dept. of JusticeOther

EFTA Document EFTA01421607

Subject: Re: Trade Details 04/02/2018 [I] From: Stewart Oldfield Date: Mon, 02 Apr 2018 17:01:10 -0400 To: Martin Zeman Thanks. Did you get him some worst-of put prices? We made some KYC progress while you were out. Hope you had a good trip Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel. Mobi Email ■ Bank Trust Company Americas Bank Wealth Management Avenue, New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. On Apr 2, 2018, at 4:07

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Subject: Re: Trade Details 04/02/2018 [I] From: Stewart Oldfield Date: Mon, 02 Apr 2018 17:01:10 -0400 To: Martin Zeman Thanks. Did you get him some worst-of put prices? We made some KYC progress while you were out. Hope you had a good trip Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel. Mobi Email ■ Bank Trust Company Americas Bank Wealth Management Avenue, New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. On Apr 2, 2018, at 4:07

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Subject: Re: Trade Details 04/02/2018 [I] From: Stewart Oldfield Date: Mon, 02 Apr 2018 17:01:10 -0400 To: Martin Zeman Thanks. Did you get him some worst-of put prices? We made some KYC progress while you were out. Hope you had a good trip Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel. Mobi Email ■ Bank Trust Company Americas Bank Wealth Management Avenue, New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. On Apr 2, 2018, at 4:07 PM, Martin Zeman > Classification: For internal use only So that you know what's happening... From: Liam Osullivan Sent: Honda , A ril 02, 2018 4:06 PM To: ; 'Richard Kahn' wrote: Xavier Avila Subject: Trade Details 04/02/2018 [C] Classification: Confidential ; Martin Zeman ; Joshua Shoshan EFTA01421607 Paul, Today you executed the following trades in the SFLLC account: Bought 1000 GOOG at 1,004.57849 Bought 500 AMZN at 1,366.90876 Thank you, Liam <image001.gif> Liam O'Sullivan AVP I Key Client Partners - US DB Securities Inc Deutsche Bank Wealth Management 345 Park Avenue, 10154-0004 New York, NY, USA Prepared on 04/02/2018 Source: Pershing NetX 360 Unofficial trade confirmations use information from sources that the firm believes to be reliable, but Deutsche Bank Securities Inc. cannot guarantee the accuracy of this information, or the reliability of these sources. Please refer to your official account statements and confirmations for all trade information. EFTA01421608 KCP products and services are intended and available only for persons who are sophisticated institutional investors within the meaning of the FINRA Rule 4512(C)(3), and who are capable of evaluating the strategies, characteristics and investment risks of, and exercising independent judgment in evaluating, the ideas and products discussed herein. Trades and transactions are subject to relevant internal approvals of DBSI or its affiliates prior to execution, and the execution of any transaction or idea discussed herein is conditional on your becoming a client of Deutsche Bank. Key Client Partners (KCP) products, investment ideas and solutions and related matters discussed herein are provided for discussion purposes only, and strictly on a non-advisory basis. The KCP Americas desk does not provide investment advice. The information set forth herein is confidential and personal to you and is being presented for your information and for discussion purposes only. Any reproduction and/or redistribution thereof (in whole or in part) or disclosure of its content without our written consent is strictly forbidden. This communication does not create any legally binding obligation on the part of DBSI or any of its affiliates. EFTA01421609

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Subject: RE: Trade Details 04 02 2018 I From: Martin Zeman Date: Mon, 02 Apr 2018 17:10:02 -0400 To: Stewart Oldfield ‹ > Classification: For internal use only Working on it. I talked to Paul today briefly and want to have a more detailed conversation tomorrow on what he imagines in terms of levels so we target the request in GM better. They hate it when we ask for 3 million prices without the client being clear on what they want. Had a great trip. Hope you have the same.... From: Stew

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Subject: Re: Trade Details 04/02/2018 [I] From: Stewart Oldfield < En Date: Mon, 02 Apr 2018 17:23:46 -0400 To: Martin Zeman I think you only need to price two pairs with a couple of different structures (maturity and strike). Should be enough there for him to understand how it all works. I would be targeting greater than 10pct annualized coupon. Given some of the tech names, could be even higher. Stewart Oldfield, CFA, CAIA Director Deutsche Bank Trust Company Americas Deutsche Bank

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Subject: Re: Trade Details 04/02/2018 [I] From: Stewart Oldfield < Me Date: Mon, 02 Apr 2018 17:49:52 -0400 To: Martin Zeman And don't forget that we pitched this to him, not vice versa. So he doesn't necessarily have a view how terms should look. Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel. Mobi Email Bank Trust Company Americas Bank Wealth Management Avenue. New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. On Apr 2, 2018, at

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Subject: Re: Southern Financial outstandin FX OTC trade [C] From: Stewart Oldfield Date: Wed, 19 Dec To: Martin Zeman Cc: Zbynek Kozelsky Thanks. Just a delta one trade? I plan to talk to them this afternoon if I can Stewart Oldfield, CFA, CAIA Director Deutsche Deutsche 345 Park Tel. • Mobile ■ Email ■ Bank Trust Company Americas Bank Wealth Management Avenue, New York, NY 10154 Securities offered through Deutsche Bank Securities Inc. On Dec 19, 2018, at 9:37 AM, Martin Zeman

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Subject: RE: Southern Financial outstanding FX OTC trade [C] [I] From: Martin Zeman Date: Wed, 19 Dec 2 To: Stewart Oldfielde> Cc: Zbynek Kozelsky Classification: For internal use only Yes. Paul bought a EUR denominated bond and so he did an FX swap to effectively gain a USD exposure and pick up extra yield. Can be unwound anytime and very easy to do. Call me before you speak to them please. From: Stewart Oldfield Sent: Wednesday, December 19, 2018 10:43 AM To: Martin Zeman Cc: Zbyn

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Subject: RE: Butterfl Trust - new brokers e account needed [I] [C] From: Liam Osullivan Date: Tue, 25 Sep 2018 12:34:48 -0400 To: Stewart Oldfield Davide-A Sferrazza Martin Zeman Cc: Bradley Gillin Richard Iarossi Classification: Confidential Stewart, I have attached the following documents: -Account Agreement o 9th Page — Sign and Date o 16th Page — This page only needs to be completed if the account will have margin. We will need the original account agreement for margin. -Tr

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