From: Stewart Oldfield Sent: 5/5/2015 4:14:24 PM To: Paul Morris Subject: RE: AAVL Trade Report 4/20/2015 [CI Classification: Confidential This one is going the wrong way, fyi From: Paul Morris Sent: Monday, April 20, 2015 4:06 PM To: Vahe Stepanian Cc: Stewart Oldfield Subject: RE: AAVL Trade Report 4/20/2015 [C] Classification: Confidential Thx never heard of company Paul Morris Managing Director Deutsche Bank Private Bank Office: Cell From: Vahe Stepanian Sent: Monday, April 20, 2015 3:17 PM To: Jeffrey Epstein Cc: Daniel Sabba; Ariane Dwyer; Richard Kahn; Paul Morris Subject: AAVL Trade Report 4/20/2015 [C] Classification: Confidential Jeffrey- today you executed the following per your conversation with Daniel: B 10,000 AAVL @ $39.80 STO 100 AAVL Jun 40 Calls @ $6.90 Thank you, Vahe Vahe Stepanian Assistant Vice President I Key Client Partners Deutsche Bank Securities Inc. Tel. Mobile Email All trade execution information contained herein is being provided as an accommodation at your request in advance of your receipt of the official trade confirmation(s). Additional trade detail information available upon request. The terms of the trade(s) may be subject to change prior to settlement, and therefore the official trade confirmation(s) and account statements issued by Deutsche Bank shall govern. Deutsche Bank is not responsible for any discrepancy between the informal execution report and the official trade confirmation(s) or account statements. CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0060357 CONFIDENTIAL SDNY_GM_00206541 EFTA01368558