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 safes 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 Deutsche Asset & Wealth Management 345 Park Avenue, 24th Floor New 1 - 4 Tel. Fax Mobi Emai Pcsg-incit- Pew-itemSecurities 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. Paul Morris Managing Director Deutsche Bank Private Bank Offic Cell: CONFIDENTIAL — PURSUANT TO FED. R. GRIM. P. 6(e) DB-SDNY-0118899 CONFIDENTIAL SDNY_GM_00265083 EFTA01458808