On Jul 30, 2015, at 9:48 AM, Stewart Oldfield < • wrote: Perfect. Would rather wait to send one quality email than jump the gun just get something out Thanks From: Melinda Roy Sent: Thursday, July 30, 2015 9:48 AM To: Stewart Oldfield; Jj Litchford Cc: Paul Morris Subject: RE: DB market outlook research and client conference call details Actually, might be better to wait until tomorrow so we can get all of the new weekly research (which comes out on Fridays), submit for approval tomorrow, and then send out Monday. Is that okay? From: Stewart Oldfield Sent: Thursday, July 30, 2015 9:39 AM To: Melinda Roy; Jj Litchford Cc: Paul Morris Subject: RE: DB market outlook research and client conference call details Perfect. Thanks From: Melinda Roy Sent: Thursday, July 30, 2015 9:38 AM To: Stewart Oldfield; Jj Litchford Cc: Paul Morris Subject: RE: DB market outlook research and client conference call details JJ and I can put the email together today and submit it for approval so you can send it out tomorrow or Monday. Does that work? From: Stewart Oldfield Sent: Thursday, July 30, 2015 9:34 AM To: Jj Litchford; Melinda Roy Cc: Paul Morris Subject: FW: DB market outlook research and client conference call details When should we do the next research email? From: Stewart Oldfield Sent: Monday, July 06, 2015 4:44 PM To: Stewart Oldfield Cc: Paul Morris Subject: DB market outlook research and client conference call details Please see the latest market outlook research pieces from DB attached. Larry Adam will host a client call next week to discuss this global outlook (details are below). CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0 117736 CONFIDENTIAL SDNY_GM_00263920 EFTA01457992