From: Vahe Stepanian Sent: 3/12/2015 3:47:49 PM To: Richard Kahn CC: Paul Morris ; Daniel Sabba Subject: MS + AFSI Pref [Cl Classification: Confidential ; Ariane Dwyer Rich — I'm following up your conversation with Daniel this morning RE: MS and AFSI preferreds. Unfortunately DB is not currently an underwriter on either deal. Please let us know if you have questions. 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. GRIM. P. 6(e) DB-SDNY-0 116329 CONFIDENTIAL SDNY_GM_00262513 EFTA01456968