(PARS'-iCria.ID Pe‘reflevt. From: Paul Morris Sent: 11/10/2015 2:03:24 PM To: Chip Packard Subject: RE: Southern Financial [CJ Classification: Confidential This can wait a few days thanks Paul Morris Managing Director Deutsche Bank Private Bank Office: Cell: From: Chip Packard Sent: Tuesday, November 10, 2015 1:23 PM To: Paul Morris Subject: RE: Southern Financial [C] Classification: Confidential Thanks. I am sandwiched today and this needs immediate attention so please take up with Gallivan and keep me in the loop. I am not as confident though that we can handle this through investor sales and you guys as this is non-advised business. Let's think this through carefully. Chip Packard Managing Director I Co-Head. Wealth Management Americas Deutsche Bank Trust Company Americas gement Securities offered through Deutsche Bank Securities. Inc. From: Paul Morris Sent: Tuesday, November 10, 2015 11:09 AM To: Chip Packard Subject: Southern Financial [C] Classification: Confidential JE called, he requested coverage change, not working with OS, before I reach out to Todd wanted to discuss, between new investor sales/me /Stew we should be able to cover and increase flow business. CONFIDENTIAL — PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0118892 CONFIDENTIAL SDNY_GM_00265076 EFTA01458804